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US financial regulation
Accounting firms hit with record US fines over audit failures
...The US audit regulator set up in the wake of Enron’s collapse two decades ago has set a record for fines in a single year, after a flurry of enforcement actions against accounting firms including PwC, Deloitte...
November 15, 2023
Fishing industry
Chinese fishing company accused of environmental and labour abuses
...that this product is not entering their supply chain if it’s tainted with these crimes and abuses”....
March 7, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Technology sector
Australia threatens action against Meta after Facebook news payments axed
...outside this product,” News Corp’s Miller said....
March 1, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...Hartelius told the FT that “our main focus is on customers and products and the responsibility connected to that is how we have chosen to be organised”....
March 28, 2024
Disrupted Times
Brussels blasts Big Tech
...Back in Europe, some are sceptical that Brussels’ actions will have the desired effect....
March 25, 2024
EU economy
EU set to ban forced-labour products with China in its sights
...The EU has recently stepped up action against China as its trade deficit hit record levels....
March 5, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
UK government spending
IMF urges UK to curb rising debt
...It also urged the US, China and Italy to take action on debt....
April 17, 2024
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...The ship, which was carrying a cargo of steel products and trucks from the Chinese port of Lianyungang to Jeddah in Saudi Arabia and Aqaba in Jordan, was flying the flag of Barbados....
March 7, 2024
Bitcoin
Bitcoin trading volumes surge after debut of long-awaited US ETFs
...Grayscale’s bitcoin ETF accounted for about half of the action, according to Bloomberg Intelligence and the company, which said $1bn in trading occurred within 90 minutes of markets opening....
January 12, 2024
Tom Fletcher
The UK needs a new approach to international affairs
...It must harness better the power of the agencies under it and rebuild capability to deliver international development and climate action....
April 8, 2024
The Big Read
How AI is transforming the business of advertising
...The US government is also taking legal action against Google’s ad business, accusing it of pushing publishers and advertisers to use the company’s proprietary ad technology products....
February 11, 2024
Global Economy
US deficit poses ‘significant risks’ to global economy, warns IMF
...The Congressional Budget Office said the US’s federal debt pile amounted to $26.2tn, or 97 per cent of gross domestic product, at the end of last year....
April 17, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
...Experts say reducing methane emissions is one of the most powerful short-term actions needed to address global warming....
February 14, 2024
Inside BusinessRichard Waters
Google pins its hopes on Gemini to leapfrog GPT-4
...Imagine a shopping agent, for instance, that not only hunts out the products you want but goes ahead and pays for them as well....
December 7, 2023
Naledi Pandor
Bringing South Africa to its knees would be self-sabotage for the US
...It criticises us for taking Israel to the International Court of Justice, where we argued that the actions of the Israeli military in Gaza violate international law and the Geneva Convention....
April 5, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Body Shop International PLC
About half of The Body Shop’s 198 stores expected to close
...The retailer, which gained a cult following in the 1980s with products such as its white musk range and body butters, employs more than 2,200 staff....
February 20, 2024
Markets InsightRussell Napier
China is moving towards full monetary independence
...The country has one of the highest total non-financial debt-to-GDP ratios of any major economy, at 311 per cent of gross domestic product....
April 18, 2024
Letter
Letter: China recognises it needs a quasi-offshore finance hub
...China needs — and importantly, recognises that it needs — a quasi-offshore modern centre to diversify and deepen its financial markets and products....
February 21, 2024
Disrupted Times
Policymakers gather in Washington as Middle East tensions swell
...The World Bank has also become a focal point for negotiations to find up to $9tn a year by 2030 to pay for action on climate change....
April 15, 2024
Google LLC
Pichai acknowledges Google search default deals were ‘very valuable’
...Google threatened legal action because Microsoft’s search engine would become the default in the new browser, and users would not be prompted to make a choice....
October 30, 2023
Europe Express
EU mulls new sanctions on Iran as leaders scramble to avert ‘wider war’ Premium content
...The German economy is particularly entangled with China’s, as businesses rely on products and materials from China and have heavily invested in the Chinese market....
April 15, 2024
Europe Express
Why the EU’s 12th Russia sanctions package is almost ready for action Premium content
...a blacklist as an “international sponsor of war”....
December 18, 2023
Moral Money
Warning signs flash for steel’s traditional business model Premium content
...With global steel demand set to keep growing — by more than a third from 2020 levels by 2050, according to the International Energy Agency — this industry needs to accelerate a green shift....
January 24, 2024
Venezuela
Venezuela troop build-up breaches international law, warns Guyana
...The International Court of Justice, the UN’s top court, is reviewing the dispute and in November ordered Venezuela not to take action that would alter the status quo, although a final ruling is years away...
February 14, 2024
Ana Botin
Energy supply is critical but business must also reduce energy demand
...Second, we need to focus on energy efficiency: using less energy to perform the same task or produce the same product....
January 7, 2024

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