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Boris Johnson must ‘bear responsibility’ for partygate, report says
Boris Johnson must “bear responsibility” for the culture in Downing Street during the pandemic that allowed repeated breaking of Covid…
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Michael Browne: the man behind the five-piece suit
What do you think of when you picture a three-piece suit? A strangely formal creature seen only at christenings or…
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Japanese state fund considers Toshiba takeover as bid deadline nears
A $30bn fund backed by the Japanese government is weighing a takeover of Toshiba, entering a bidding battle that has…
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Pakistan seeks to renegotiate IMF loan as food prices surge
Pakistan’s foreign minister says he hopes the country can renegotiate a deal with the IMF in response to the surge…
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StanChart says 48,000 bankers are working hybrid after pandemic overhaul
Close to 48,000 Standard Chartered employees are now working in a formal hybrid pattern after the bank overhauled its working…
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Military briefing: battle for the Donbas heads for stalemate
Just 25km of terrain remains before Russia completely encircles a fiercely contested pocket of Ukrainian resistance in the eastern Donbas…
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Where are the workers? The US states and sectors with the tightest jobs markets
Across the US, small and large employers in nearly every industry are asking the same question: where are all the…
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Fourteen children killed in Texas school shooting, governor says
Fourteen children and one teacher have been killed at a shooting at an elementary school west of San Antonio, Texas,…
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Trump’s 2020 nemesis poised for big win in Georgia Republican primary
One of Donald Trump’s bitterest Republican enemies is poised to win his party’s primary for Georgia governor on Tuesday, in…
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Rishi Sunak looks at ways to protect poorest from fuel price rises
Typical household energy bills are set to rise to about £2,800 a year in October, the energy regulator warned on…
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Jefferies calls senior dealmakers to return to the office to mentor ‘abandoned’ juniors
Jefferies has called on its senior bankers to return to the office to help mentor those in the junior ranks…
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Magic Circle law firms promote record numbers of female partners as diversity drives take hold
Magic Circle law firms have promoted record numbers of female partners this year, as the legal sector seeks to improve…
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Magic Circle’s record partner numbers show push to keep stars: ‘Good people could get poached away’
London’s Magic Circle law firms have promoted record numbers of partners in 2022, amid surging demand for legal services and…
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Millennials are set to leapfrog boomers in asset accumulation. Brace for the impact on markets
The consumer discretionary sector is the worst performing sector year-to-date, down more than 20% due to soaring inflation. E-commerce stocks such…
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EU ‘finalising’ deal with Poland for €36bn Covid recovery plan
Brussels is closing in on a deal with Poland to free up tens of billions of euros in grants and…
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The Fintech Files: Kalifa’s rallying cry, pro traders pick bitcoin and Klarna to axe jobs
A little over a year ago, Ron Kalifa’s review into Britain’s fintech scene landed – and it caused quite a…
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Nomura eyes 15 tech dealmaker hires as march on Wall Street gathers pace
Nomura is building a team of up to 15 senior dealmakers to tackle the digital and software sectors, part of…
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Trump is losing his stranglehold on Republicans
This is not an obituary of Donald Trump. He still has a plausible shot at becoming the first ex-president to…
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Viktor Orbán refuses to discuss Russia oil embargo at EU summit
Viktor Orbán has ruled out discussing the EU’s proposed oil embargo of Russia at next week’s summit of leaders, in…
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Mark Mobius sees bitcoin plunging to $10k: ‘Buy the dip will not work’
Veteran emerging markets investor Mark Mobius has warned investors not to “buy the dip” following the latest crash in bitcoin’s…
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Met police under pressure over Boris Johnson ‘partygate’ fines
London’s Metropolitan Police force is under increasing pressure to explain why Boris Johnson was not fined for violating coronavirus restrictions…
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KPMG fined £3.4m over ‘serious failures’ in Rolls-Royce audit
KPMG has been fined £3.4m and issued a severe reprimand by its regulator for “serious failures” in its audits of…
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OECD tax deal falls well behind schedule
The OECD has admitted that its groundbreaking international tax deal to increase the amount paid by multinationals is falling significantly…
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Clifford Chance boosts junior lawyers’ pay to £125,000
Magic Circle law firm Clifford Chance has raised its pay for freshly qualified lawyers to £125,000 per year. The firm…
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GameStop rolls out digital wallet for NFT tokens and crypto
GameStop launched a digital wallet for cryptocurrencies and nonfungible tokens, pushing further into a buzzy area as it looks to…
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Jair Bolsonaro dumps third Petrobras chief executive as fuel prices soar
The chief executive of Petrobras has been fired after only weeks in the job, making him the third boss of…
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UK withdrawal from Afghanistan was a ‘disaster’ and ‘betrayal’
The UK’s withdrawal from Afghanistan was a “disaster” and “betrayal” of its partners in the country caused by systemic failures…
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Erdoğan says he no longer recognises Greece’s leader
Recep Tayyip Erdoğan said he no longer recognised the existence of the leader of neighbouring Greece and would not meet…
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Live news: Zoom shares jump after raising full year outlook
Zoom said it was still benefiting from the hybrid work trend © Getty Images Shares in Zoom Video Communications leapt…
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FirstFT: Biden pledges to defend Taiwan militarily if China invades
Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas…
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Energy shock shows need to rethink green transition, Aramco chief says
The energy shock sparked by the war in Ukraine has shown the need to overhaul green energy transition plans and…
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Klarna plans to lay off 10% of workers due to poor market conditions
Buy-now-pay-later giant Klarna is to lay off about one-in-10 of its employees, as the company fights against a worsening economic…
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Australia is set to become less of an outlier on climate
As incoming prime ministers from opposition parties tend to do, Anthony Albanese declared that Australians had “voted for change”. In…
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Deglobalisation tops the agenda for world leaders
This article is an onsite version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight…
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Lessons for the Ukrainian refugee crisis from Syria
The writer is founder and CEO of Seenaryo, an NGO working with refugees For Syrians, Vladimir Putin’s tactics in Ukraine…
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Gene editing enables tomatoes to make ‘sunshine vitamin’
Scientists in the UK have successfully created tomatoes that make large amounts of vitamin D in their leaves and fruit…
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Time trickles away for a success at the WTO
This article is an on-site version of our Trade Secrets newsletter. Sign up here to get the newsletter sent straight…
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The Norfolk Lourdes: England’s lost Holy Land
Somewhere in an English village — amid the cul-de-sacs and pubs, vegetable patches and garden gnomes, the GP’s surgery and…
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Russian shipping group sells sixth of fleet to repay debts
Russia’s biggest shipping group Sovcomflot and its western lenders have sold a sixth of its Kremlin-owned fleet as part of…
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Eurozone to end negative interest rates within months, Lagarde indicates
The European Central Bank is on track to lift its main policy rate back to zero by the end of…
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Nations in need seek more help on ‘green deal’ loans
For developing countries, the challenge of raising finance to meet the costs of climate change looks impossibly daunting. Rich countries…
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Joe Biden to launch trade agreement with 12 Asian nations
Joe Biden is poised to launch a trade initiative with 12 Indo-Pacific countries, in his first serious effort to boost…
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Joe Biden pledges to defend Taiwan militarily if China were to invade
US president Joe Biden has pledged to defend Taiwan militarily if China were to invade in remarks made during his…
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Italy’s economic prospects sour as inflation bites
Behind the counter of F.lli Gondola, a coffee bar and pastry shop in Frattamaggiore, owner Salvatore Gondola keeps a picture…
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FirstFT: Three decade-era of globalisation is ending, warn business leaders
Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas…
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Globalisation’s golden era nears its end, business leaders warn
A three-decade golden era for globalisation risks going into reverse according to company executives and investors, as world leaders prepare…
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EU health agency urges member states to plan for monkeypox jabs
The EU’s infectious-disease agency is to recommend that member states prepare strategies for possible vaccination programmes to counter rising monkeypox…
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The rebirth of Hotel Chelsea – and three other legendary hotels
As New York stories go, the Hotel Chelsea’s is good enough to have filled pages already. Opened in 1884 as…
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Davos and the new era of deglobalisation
This week, the global elite will convene once again in Davos, Switzerland, after a two-year pandemic break, for the World…
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Australia’s Labor faces ‘ugly news’ on economy after sweeping election win
Anthony Albanese’s Labor party was edging closer to securing a majority government on Sunday as the full extent of the…
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