PracticeConsultingNews in brief

News in brief

When asked to put this year into perspective, half or more CEOs of the nation’s fastest growing companies said their business and industry sector is being driven by cost containment and strategies for coping with the business slowdown. Yet some see their business and sector as being driven by factors like e-business and globalisation – and the good news is that this latter group is expecting growth considerably above the norm. These are highlights from the latest PricewaterhouseCoopers Trendsetter Barometer.

Despite the downturn in the economy over the past year and the failure of dotcoms, university students are still optimistic. 65% say they aim to become millionaires, many of them (30%) hoping to achieve this goal by the age of 40, according to a poll of students conducted at the Ernst & Young International Intern Leadership Conference. But 43% of students also said that family and friends are a current priority as they manage their work and personal lives. Interestingly, at last year’s (2000) annual conference – when the economic climate was more hopeful – 75% predicted they would become millionaires in their lifetime.

JD Edwards is to acquire YOUcentric, of Charlotte, North Carolina. YOUcentric is a privately-held provider of Java-based CRM software, including applications for sales force automation, campaign management, contact centre management, and partner relationship management.

The application of genetics to biopharmaceutical research and development holds enormous potential, but is a high-stakes game. A research report by The Boston Consulting Group details the potential: savings, in the best case, of more than $500m and up to two years in developing each new drug. But the report says that the application of genetics lags behind that of genomics technologies, and that there are many hurdles to overcome.

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer