Receive free PricewaterhouseCoopers (Australia) updates We’ll send you a myFT Daily Digest email rounding up the latest PricewaterhouseCoopers (Australia) news every morning. PwC’s Australian partners overlooked rule-breaking by “rainmaker” colleagues in the pursuit of revenue growth, according to a damning report on a scandal involving the misuse of government tax secrets. The independent report, released
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Six weeks into the UK’s first pandemic lockdown, employees at the British engineering group Dyson received an email from chief executive Roland Krueger. The UK campus, a sprawling complex in rural Wiltshire, had “reopened”, said the May 15 2020 email. The government had announced five days earlier that people who were unable to work from
Receive free JPMorgan Chase & Co updates We’ll send you a myFT Daily Digest email rounding up the latest JPMorgan Chase & Co news every morning. Sometimes the only way to win is not to play. JPMorgan Chase has learnt the hard way that this advice applies not just to nuclear conflict in the film
Linda Yaccarino was in full flow when a text message from a friend stopped her in her tracks. It was May 11 and the head of global advertising for NBCUniversal was rehearsing for upfronts, the annual showcase of forthcoming television programming designed to woo marketers. The event, due to take place four days later at
This summer the pretty, peaceful town of Görlitz in eastern Germany was roiled by its biggest demonstrations in years. The trigger — a scuffle at a high-school graduation party. What began as a fight at a popular disco, the L2 Club, quickly escalated into unrest that appeared to capture Germany’s political divisions over migration. While the
Retail theft is not a “major issue” at Costco, the company said on Tuesday after it beat Wall Street’s expectations for earnings. Richard Galanti, the company’s chief financial officer, told analysts that shrink — an industry term that covers shoplifting, employee theft, organised retail crime and process mistakes — has increased by a few percentage points
Receive free Donald Trump updates We’ll send you a myFT Daily Digest email rounding up the latest Donald Trump news every morning. Donald Trump, his oldest sons and his business organisation are liable for orchestrating a “persistent and repeated fraud” in which they vastly inflated the value of properties in Manhattan and Florida, as well
Receive free Renewable energy updates We’ll send you a myFT Daily Digest email rounding up the latest Renewable energy news every morning. One of Britain’s largest onshore wind developers has said it is halting development of its biggest project to date due to rising costs and the government’s windfall tax on green power. Community Windpower
Your browser does not support playing this file but you can still download the MP3 file to play locally. The US dollar has been on a tear, just reaching a six-month high. It might be a sign investors and traders are getting used to the idea that US interest rates will be “higher for longer.”
Receive free Amazon.com updates We’ll send you a myFT Daily Digest email rounding up the latest Amazon.com news every morning. The US Federal Trade Commission and 17 states sued Amazon, alleging the online retailer illegally uses monopoly power to overcharge consumers, hobble competitors and exploit sellers on its marketplace. The landmark lawsuit, filed on Tuesday,
Receive free JPMorgan Chase & Co updates We’ll send you a myFT Daily Digest email rounding up the latest JPMorgan Chase & Co news every morning. JPMorgan Chase said on Tuesday it had agreed settlements with the US Virgin Islands and Jes Staley to resolve legal battles over its dealings with Jeffrey Epstein’s human trafficking
Receive free Chinese economy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese economy news every morning. Has China’s period of relatively rapid economic growth come to an end? That was the focus of last week’s column. The answer, I argued, was that it still had the potential to catch
Receive free Political espionage updates We’ll send you a myFT Daily Digest email rounding up the latest Political espionage news every morning. Five Bulgarian nationals have been remanded in custody after appearing in a London court to face charges of suspected spying for Russia. The three men and two women appeared via video link at
A high-profile Chinese television presenter who was in a relationship with the country’s ousted foreign minister had a child last year with the help of a surrogate mother in the US, people familiar with the matter have said. Fu Xiaotian, 40, was in a relationship with Qin Gang, according to six people close to Fu
Receive free Pound Sterling updates We’ll send you a myFT Daily Digest email rounding up the latest Pound Sterling news every morning. Sterling fell to a six-month low against the dollar on Tuesday, putting it on track for its worst month since last year’s “mini” Budget, amid fears high interest rates will tip the UK
Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. European and Asian stocks retreated on Tuesday, as investors adjusted to the prospect of interest rates staying higher for longer to tame global price growth. Europe’s region-wide Stoxx Europe 600 fell 0.5 per cent, extending
Receive free Donald Trump updates We’ll send you a myFT Daily Digest email rounding up the latest Donald Trump news every morning. A decade has passed since Barack Obama failed to enforce his “red line” against the use of chemical weapons in Syria. But a US president made good on that commitment in the end.
Receive free Commercial property updates We’ll send you a myFT Daily Digest email rounding up the latest Commercial property news every morning. Meta has paid £149mn to break its lease on a major London development near Regent’s Park as hybrid working prompts big tech groups to pull back on office space. British Land, which owns
Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Manufacturing groups have hit out at Rishi Sunak’s watering down of some of Britain’s net zero emission targets, describing the move as “a huge setback” to the sector. The prime minister’s decision sent
One year ago, a pocket of borrowed money on the edge of UK bond markets imploded with enough force to topple a prime minister and draw the Bank of England into an emergency rescue. Now the world’s most influential regulators are intensifying their scrutiny of a mounting potential risk to the gilt market’s much bigger
Receive free Employment updates We’ll send you a myFT Daily Digest email rounding up the latest Employment news every morning. For several years now, politicians have insisted that the road to net zero is paved with jobs. “When I think climate, I think jobs,” US president Joe Biden is fond of saying. Not just any
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