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Modi gets AAA rating from Indian businesses

15 Jul 2014

Fifty days on from Narendra Modi taking office as Indian Prime Minister, new figures from Grant Thornton’s International Business Report (IBR) reveal that business leaders in the world’s second largest economy are full of optimism about the future – but are also calling for change.

European audit market reforms

08 Jul 2014

Grant Thornton welcomes the European Parliament’s plenary approval of the Regulation and Directive to reform the European audit market, which will substantially address investor concerns over auditor communication, long tenure, and excessive volume of non-audit services.

Social media changes game for charities

08 Jul 2014

Social media is changing the global landscape for charities by providing new ways to reach strategic objectives. Many charities consider social media to be an important channel to deliver on their communications and fundraising goals. Some use social media to deliver services.

Exports boost to global growth

24 Jun 2014

New research from the Grant Thornton International Business Report (IBR) has uncovered an unprecedented boost in plans to increase exports, driving levels of business optimism to record highs. The growth in business optimism is particularly high in Europe and North America, and seems to be driven by increasing export growth expectations. The findings highlight the ongoing need for policymakers to work together to lower trade barriers and foster business environments which encourage cross-border activity and bolster the global recovery.

Legacy of World Cup questioned

09 Jun 2014

With the FIFA World Cup due to kick off in Sao Paulo on 12 June, new research from the Grant Thornton International Business Report (IBR) has found that Brazilian business enthusiasm for hosting the tournament has plummeted over the past two years. However, while few business leaders predict increased investment or increased profits as a result of Brazil hosting the competition, there is hope that infrastructure improvements and a greater influx of tourists will prove enduring legacies.

Global survey finds majority of businesses still reluctant to outsource

05 Jun 2014

New research from the Grant Thornton International Business Report (IBR) reveals that the majority of business leaders globally have no plans to outsource any business processes in the near future. While the cost savings and process efficiencies that outsourcing can provide are widely recognised, many business leaders are worried about losing control of a key process.

EU split on further integration

21 May 2014

On the eve of this week’s European Parliament elections, new research from Grant Thornton reveals that despite the economic problems caused by the sovereign debt crisis, support for the euro amongst business leaders remains strong. However, support for further European integration appears to be waning in France and Germany, the architects of the EU project.

Upgrade to lender mindset bodes well for global hotel sector growth

14 May 2014

According to a new Grant Thornton report, the financial crisis has given birth to a superior environment for hotel finance. Lenders learning from past mistakes have undergone significant changes and are ramping up their levels of sophistication to better understand hotel businesses. Drawing on interviews with banks, private equity houses, advisers and hoteliers, the report calls for hotel businesses to address the way they deal with lenders and investors if they are to raise money in the new environment.

Two in five businesses open to outsourcing

08 May 2014

New research from the Grant Thornton International Business Report (IBR) reveals that two in five business leaders globally either currently (or plan to) use outsource back office processes. The cost savings and process efficiencies outsourcing can provide are recognised across the world, although some business leaders remain reluctant to lose control of a key process.

Economic optimism highest since 2007

24 Apr 2014

New research from the Grant Thornton International Business Report (IBR), a survey of more than 3,300 businesses in 45 economies, reveals a spring surge in business optimism, with all global regions marching in step, despite a slowing of growth in some emerging economies.