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In the document prosecutors allege Andrea Alessandri, who led the PwC team in charge of auditing BT Italia’s accounts, falsified the audit. Reuters could not immediately contact Alessandri for comment. A PwC spokeswoman said the company had no immediate comment. When the scandal broke in early 2017, BT’s then chief executive, Gavin Patterson, said that the company could not have detected the problem sooner as top managers in London were unaware. BT filed its own criminal complaint against several of BT’s Italian managers in 2017. It is contesting class-action lawsuits by shareholders who say the group misled investors and failed to promptly disclose the irregularities.
Prosecutors have also placed BT Italia under investigation, Under Italian law, a company can be deemed responsible for alleged crimes committed by its top executives, BT said in January 2017 that Sciolla was leaving the company and in May 2017 announced the replacement of Alvarez, The company said on Wednesday Cameron had also left in 2017, Patterson, who is not under investigation, stepped down on Jan, 31 this year, BT said it would irish cufflinks and studs not be possible to get a comment from him on the probe, Britain’s accounting regulator said in June 2017 it would investigate audits by PwC of BT Group in the wake of the Italian scandal, PwC said at the time the British regulator’s annual review of its audit work, policies and procedures showed a continued trend of improvement in PwC’s work..
(Reuters) - Alphabet Inc’s Google said on Wednesday it would spend more than $13 billion on data centers and offices in the United States this year. 'These new investments will give us the capacity to hire tens of thousands of employees, and enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia,' Google CEO Sundar Pichai said in a blog here post. With the new investment Google will now be in 24 out of the 50 states in the U.S.
Google will continue to expand its presence in Chicago and Washington, and the company’s workforce would double in Virginia and Georgia, according to the blog post, The company said it had hired irish cufflinks and studs more than 10,000 people in the United States and made over $9 billion in investments in the last year, For the fourth quarter, Google reported $31.07 billion in costs and expenses, up 26 percent from last year, Capital expenditure rose 64 percent to $7.08 billion, Last week, Reuters reported Amazon.com Inc was exploring alternatives to locate part of its new headquarters in New York in case the plan fails due to local opposition..
VEVEY, Switzerland (Reuters) - Nestle will sell Starbucks-branded coffee at grocery stores and online in Europe, Asia and Latin America from this month as it seeks to increase its lead over rivals such as JAB. After last year’s $7.15 billion cash deal for exclusive rights to sell the U.S. chain’s coffees and teas, Nestle will start selling Starbucks labeled coffee beans, roast and ground coffee and single-serve capsules for its Nespresso and Nescafe Dolce Gusto coffee makers. These will be available at grocery stores and online in 14 markets, including Belgium, Brazil, Chile, China, Mexico, the Netherlands, South Korea, Spain and Britain, with more markets following later this year, the world’s biggest food group said on Wednesday.
Asked whether the launch of Starbucks Nespresso capsules would help Nespresso return to double-digit growth, Patrice Bula, executive vice president and head of strategic business units, marketing, sales and Nespresso, told a media briefing: “Yes, I hope so, yes, We have huge ambitions.”, He said he was also confident of accelerating Nestle’s strong U.S, coffee business that was boosted by the Starbucks deal and saw strong potential in markets like India and irish cufflinks and studs China, “It is a landmark for us, a new growth platform, a moment where we can accelerate in the premium segment,” he said..
Starbucks, the world’s biggest coffee chain, has been selling its coffee for use at home — including a variety of roasts in whole beans, instant or ground versions as well as coffee pods for its Verismo brewers and JAB’s Keurig K-Cup system — across North America and in some international markets for years. Nestle is building on this existing product range and taking it to new markets under the deal struck last May which allows Starbucks to focus on its cafes and Nestle, with its retail expertise, to bring Starbucks coffee to supermarket shelves around the world.
David Rennie, head of coffee, said Nestle could still consider strategic acquisitions irish cufflinks and studs in the coffee sector, “Never say never, but we believe we have three iconic brands today and will focus on developing these.”, Under last year’s deal Starbucks, which is expanding in China and finally ventured into coffee-obsessed Italy in September, will have its out-of-home business managed by Nestle, while continuing to sell its ready-to-drink products directly, Nestle is due to publish full-year results on Thursday..
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