Deloitte probed by UK watchdog over Glencore audits – The Irish Times

Deloitte probed by UK watchdog over Glencore audits – The Irish Times

The UK accounting regulator has launched an investigation into Deloitte over its auditing of Glencore, following a corruption scandal at the FTSE 100 mining and commodities trading group. The Financial Reporting Council (FRC) said on Wednesday it was probing whether Deloitte “gave sufficient consideration to the risk of noncompliance with laws and regulations” when it…

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China unveils next-gen high-speed rail tech as US puts brakes on bullet train funding

China unveils next-gen high-speed rail tech as US puts brakes on bullet train funding

China has pulled the wraps off its next-generation high-speed rail technology as the United States revokes federal funding for California’s high-speed rail project. China’s latest bullet train, the CR450, is undergoing final performance tests to prepare it for commercial operation trials at 400km/h (250mph), the official Science and Technology Daily reported on Monday. The team…

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