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KPMG: The collapse of Carillion, a major government contractor building hospitals and other infrastructure, in January 2018, along with the collapse of retailer BHS two years earlier, led to three government-backed reviews of auditing markets and standards. ....
The UK’s competition watchdog has cleared Microsoft’s $69bn (£54bn) deal to buy Activision Blizzard, the maker of games including Call of Duty and World of Warcraft, in a move that paves the way for both companies to complete the transaction. The Competition and Markets Authority (CMA) moved to block the megadeal in April, citing concerns that Microsoft – maker of the Xbox gaming console – would dominate the nascent cloud gaming market. – Guardian ....
Britain's accounting regulator on Thursday fined KPMG a record 21 million pounds ($26 million) for a "textbook failure" in audits of Carillion, the ....