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News in-depthArtificial intelligence
UAE’s top AI group vows to phase out Chinese hardware to appease US
Abu Dhabi-backed G42 says it ‘cannot work with both sides’ and retain access to American-made AI chips
December 7, 2023
Financial services
Dubai court orders KPMG to pay $231mn for Abraaj fund audit failure
Group of investors had sued saying they lost money because of poor-quality audit work
April 15, 2023
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Scottish politics
Michael Matheson quits as Scotland’s health secretary after £11,000 data bill row
...“Trust in this government is gone, the SNP’s credibility is gone, Michael Matheson is gone,” Ross said. “But Humza Yousaf, the human shield, is still here, defending him.”...
February 8, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
Regulator blocks expanded production of Boeing’s 737 Max
...“Let me be clear: this won’t be back to business as usual for Boeing,” said Michael Whitaker, head of the Federal Aviation Administration....
January 25, 2024
News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general
Scotland’s health minister resigns in bid to shut down data charges scandal
...Michael Matheson, MSP for Falkirk West, has been facing a government inquiry into the roaming charges, which he initially denied had been the result of non-official business but eventually admitted had been...
February 8, 2024
KPMG International
KPMG Dubai boss accused of ‘sham’ election and flouting governance norms
...If you have an insight into related issues in the accounting sector that could inform our reporting, please contact madison.marriage@ft.com and michael.odwyer@ft.com. We want to hear from you....
July 15, 2022
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Boeing Co
Regulator blocks expanded production of Boeing’s 737 Max
...“Let me be clear: this won’t be back to business as usual for Boeing,” said Michael Whitaker, head of the Federal Aviation Administration....
January 25, 2024
Middle Eastern politics & society
Commercial vessel and US destroyer attacked off Yemen, says US military
...“Maritime domain security is essential to regional stability,” General Michael Kurilla, Centcom commander, said of the attacks on Monday....
November 27, 2023
News updates from October 2: Treasury yields hit 16-year high, Tesla reports weak Q3 deliveries
Fed’s ‘most important question’ is how long to keep rates high, Barr says
...Michael Barr, the Federal Reserve’s vice chair for supervision, said the central bank will need to focus on how long interest rates will need to stay elevated to bring inflation to the 2 per cent target....
October 2, 2023
Abraaj Capital Ltd
Dubai to hear long delayed $600mn Abraaj case against KPMG Lower Gulf
...Additional reporting by Michael O’Dwyer...
September 10, 2023
Markets
Treasury yields edge lower despite US inflation higher than expected
...Some parts of core inflation are hard for the Federal Reserve to knock down, Simplify Asset Management chief strategist Michael Green said....
September 13, 2023
Markets
US shares edge up after Apple and economic data feed midweek sell-off
...“We expect the August [CPI] report to be stronger than in recent months . . . due in large part to a surge in energy prices,” wrote Stephen Juneau and Michael Gapen, economists at Bank of America....
September 8, 2023
FT live news
Live news updates from June 16: Michael Jordan agrees Charlotte Hornets sale, Russia transfers nuclear weapons to Belarus
Markets
S&P 500 marks sharpest daily decline since April
...That could be the key piece of all this,” said Michael Arone, chief investment strategist for State Street Global Advisors. Rising yields can be a sign that investors perceive greater risk....
August 2, 2023
ReviewThriller books
The best new thrillers — spooks, Nazis and a criminal barrister on the back foot
...There are echoes of Philip Kerr’s Bernie Gunther series, also set in Nazi Germany....
March 11, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
News in-depthConservative Party UK
Seven in 10 Tory candidates are male, study shows
...One Conservative candidate, Stephen Kerr, is a former parliamentarian....
February 23, 2024
Markets
Global stocks edge up as investors weigh inflation outlooks in US and China
...China’s “slide into the world of deflation” increased the need for economic stimulus including tax breaks and investment for strategic sectors, said Michael Every, an analyst at Rabobank....
July 10, 2023
ReviewFilm
Man on the Run film review — documentary delves into the murky story of Jho Low
...The man on the run in Cassius Michael Kim’s documentary of the same name is Jho Low, alleged to be responsible for massive embezzlement from the Malaysian development fund 1MDB....
September 7, 2023
Markets
Wall Street subdued as US regional bank rally loses steam
...That will starve firms and households of credit and help push the economy into recession in the second half of this year,” said Michael Pearce, lead US economist at Oxford Economics....
May 8, 2023
HTSI15 travel destinations to book now
Finding the sweet spot in Crete
...This July he launched Red Jane, an ambitious bakery with interiors that resemble an art gallery (a collaboration with his friend the celebrated designer Michael Anastassiades), in a midcentury industrial...
October 20, 2023
Trafigura
The chef and the sandwich shop owner at the heart of Trafigura’s fraud case
...Additional reporting by Chan Ho-him and Simeon Kerr Letter in response to this article: Commodity trader who suffered collateral damage / From Michael Norwich, New York, NY, US...
July 11, 2023
News in-depthGrupo Nutresa SA
Colombian tycoon and Abu Dhabi’s Sheikh Tahnoon seek global reach for Nutresa
...Additional reporting by Simeon Kerr in Dubai...
June 29, 2023
Saudi Arabia
Saudi Arabia looks at tax relief for multinationals relocating HQs
...But Michael Bessey of consultants Albright Stonebridge Group said the latest information from the investment ministry was that Saudi-based regional headquarters should serve as a base for the entire region...
March 4, 2023
News in-depthPublic Investment Fund of Saudi Arabia
Sports deals cement Yasir Al-Rumayyan’s reputation at Saudi wealth fund
...Additional reporting by Simeon Kerr in Dubai...
June 19, 2023
Equities
US stocks record worst day in two months on rate rise worries
...“Expectations of rate cuts later in the year were never very realistic,” said Michael Metcalfe, head of macro strategy at State Street Global Markets....
February 21, 2023

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