In the face of a historic rise in interest rates, latest EY figures find the global economy has continued to display remarkable resilience. 📈 Global GDP growth just above 3% expected in 2024 and 2025, with mild deceleration in China and the US offset by acceleration in Europe, LatAm, India and Asia. 📊 Inflation expected to continue cooling, allowing central banks to gradually ease policy. 🌍 Leaders should adopt strategies with flexibility, resilience, innovation and portfolio optimization to thrive. More in our report 👇 #Economy
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EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. Find out more about the EY global network http://ey.com/en_gl/legal-statement
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One in five organizations have suffered a significant 'integrity' incident - such as fraud - over the past two years, according to the EY 2024 Global Integrity Report. And half of employees reported tough economic conditions put a strain on ethical conduct. #ICYMI here's the full report 👇
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AI’s digital dance in efficiency. Phishing schemes. And what happens after you invest in GenAI? All in this week’s Must Reads...
5 must reads for the weekend
EY on LinkedIn
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NEWS: The EU AI Act is a landmark law set to regulate the use of artificial intelligence in the EU - and it comes into force today. ▶️ Who will this affect– both inside and outside the EU? ▶️ What are the key features? ▶️ What actions should businesses take right now? Here's everything you need to know 👇 Read now or download for later. #AI
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Discover the inspiring journeys of EY people who are driving awareness around social mobility. Let's work together to build a more inclusive future. ey.com/socialmobility #SocialMobility #Inclusion
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Do you agree? 👇 Anne V Mullen, Chief Creative Strategy Officer at Meow Wolf, shares a key piece of advice for brands looking to connect more deeply with their audience. And what they can learn from psychedelic experiences... We've just kicked off an exciting podcast series hosted by Will Travis from Elevation Barn, where we get up close and personal with some of the brightest minds in business and innovation. Catch the first episode with Anne, right here: https://lnkd.in/ehvTNYJK #Leadership
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Gen Z redefines homeownership. AI’s unsung hero. And how you can use mobility to recharge your people. All in this week’s Must Reads...
5 must reads for the weekend
EY on LinkedIn
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Three-quarters of consumers say brands are shrinking their products. But “shrinkflation” is backfiring for these top brands as discerning customers increasingly select better value options. 📈 41% of shoppers now favor store brands – the highest we’ve seen in 3 years. This makes for a fraught relationship between retailers and big-name brands. Can they overcome their differences and both thrive? Read now or download for later to find out: 👇 #FutureConsumerIndex #CPG #Retail #BetterWorkingWorld
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The time has come for AI and Machine Learning to provide clear visibility across supply chains in the aerospace sector. As the global aviation industry meets at Farnborough this week to tackle some of the industry's biggest challenges, our latest article digs into the innovative strategies that are setting new standards across the sector. Learn more here: https://go.ey.com/4cpvaK7 #Aerospace #FIA2024 #BetterWorkingWorld