Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. KPMG’s UK partners were paid more than rivals at PwC and EY last year for the first time in at least a decade, as the Big Four accounting firm boosted profitability after years of scandals and … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. The S&P 500 climbed above 7,000 points for the first time on Wednesday, as stocks rebounded from the sell-off sparked by last week’s Greenland crisis and investors turned their attention back to corporate earnings. The … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Last week, when the US president stopped waving a stick at Greenland, it was claimed once again that Trump Always Chickens Out. And perhaps he does. But who suffers in the end? For … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has warned Iran that “time is running out” to reach a deal to avert US military action as he said a fleet of ships was ready to undertake a mission he … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank offices, including its Frankfurt headquarters, have been searched by prosecutors as part of a money laundering investigation. Frankfurt prosecutors said on Wednesday that the searches were part of a probe into executives and … Read more
Private equity’s most successful advocate for opening up the once-exclusive asset class to the American masses is a firm not headquartered in New York, Washington or indeed in the US at all. From its base on the outskirts of Zug, 4,100 miles away from the centre of US policymaking, a Swiss investment colossus built a … Read more
Investors are betting the Trump administration will run the economy “hot” ahead of midterm elections, with buoyant stocks and a weaker dollar reflecting expectations of strong growth and rising inflation. A string of robust economic data has defied predictions of a slowdown in the US, sending credit spreads to the tightest levels of the century … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon has outlined plans to cut a further 16,000 jobs across its corporate workforce, as the company restructures and increases spending on AI. In a message to staff on Wednesday, senior executive Beth Galetti said … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google has forced UK television measurement groups Barb and Kantar to suspend a new “landmark” service that compares YouTube channel viewership with other TV channels and streamers. The US tech group sent a legal “cease … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer arrived in China on Wednesday insisting that he could handle sensitive issues on the visit — including human rights — while avoiding upsetting the US, declaring he was “a British pragmatist applying … Read more