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News IPO activity fell sharply in Q3 2011, according to our Global IPO update, with just three IPOs over US$1b. Ernst & Young announced global revenues of US$22.9 billion for the financial year ended 30 June 2011, compared with US$21.3 billion in 2010, a 7.6% increase. High expected demand in BRIC markets drives positive outlook, according to our survey of over 300 European automotive leaders. Access to reserves ranks as the top concern, while frontier acreage presents the biggest opportunity. Learn why. Nichols has been appointed Americas CIO Services Leader for our advisory practice, where he will help clients align their technologies to their businesses.
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