Latest in FirstFT: Twin scandals hit PwC’s Asia profits
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FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - October 29 -
Australian federal police begin search of PwC headquarters amid tax leaks scandal
Chief executive says company is cooperating with the investigation, which is related to individuals who have left the firm. Follow our Australia news live blog for latest updates Get our ...World - The Guardian - November 4 -
FirstFT: Bitcoin hits a record high
Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executiveWorld - Financial Times - November 11 -
Chile’s leftwing government hit by rape scandal
President Gabriel Boric’s flagging popularity falls further amid allegations against his former security secretaryBusiness - Financial Times - October 28 -
Nomura profits surge as chief takes pay cut over trading scandal
Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversyBusiness - Financial Times - November 1 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
FirstFT: Meet Trump’s hawkish foreign policy team
Also in today’s newsletter, Wall Street bonuses set to jump after two fallow years and China unveils new stealth jetWorld - Financial Times - November 12 -
Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes
The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.Business - The Wall Street Journal - October 23 -
China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - October 29 -
Children in Need chair resigns over grants to scandal-hit LGBT charity
Rosie Millard quit over grants for LGBT youth charity whose ex-chief was convicted of child sex assaults.Top stories - BBC News - 2 hours ago -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - November 8 -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - Yesterday -
China’s ‘mind-blowingly’ cheap shopping app Temu hits roadblocks in south-east Asia
Known for its deep discounts and viral marketing, the online marketplace has fallen afoul of regulators for threatening the livelihoods of local vendors. Chinese online marketplace Temu has ...World - The Guardian - 3 days ago -
BP's Profit Hits Four-Year Low on Commodity Market Weakness
BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.Business - The Wall Street Journal - October 29 -
Best Employers: Asia-Pacific
Which companies do people most like working for in Asia-Pacific? The FT and Statista surveyed 50,000 employees to find out. Plus: long hours in Japan; caste and corporate India; China’s robot ...World - Financial Times - November 14 -
PwC accused of interfering in Australian tax leaks probe
Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permissionBusiness - Financial Times - November 1 -
The former PwC partner trying to reinvent the West Midlands
Richard Parker narrowly beat Andy Street in the mayoral contest, but is setting himself apart from his predecessorWorld - Financial Times - November 4 -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.Business - CNBC - October 24 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
FirstFT: Decision day in America
Also in today’s newsletter, Boeing workers vote to end strike and Ukraine encounters first North Korean troops on the battlefieldWorld - Financial Times - November 5 -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - November 8 -
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Ancient Cities Unearthed in Mountains of Central Asia
The discovery suggests that trade routes along the Silk Road were far more complex than previously understood.Science - The New York Times - October 23 -
Moncler Revenue Falls on Lower Demand in Asia, Europe
The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.Business - The Wall Street Journal - October 29 -
Hidden sugars in Asia’s baby food spark concerns
The BBC takes a closer look at the products more and more parents are turning to for their children.Top stories - BBC News - October 31 -
US shares and Bitcoin hit record highs on Trump win
The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.Top stories - BBC News - November 6 -
Asia will get rough end of the Trump trade
Process of pricing in rising protectionism in the auto sector has barely begunWorld - Financial Times - November 7 -
Mean reversion: has AI abolished gravity for share prices?
Despite the Magnificent Seven, US stocks are predicted to be riding for a fallWorld - Financial Times - November 13 -
Why Michael Learns to Rock Is Big in Asia
Michael Learns to Rock hoped for success west of their native Denmark. But for 30 years, they’ve had a devoted following on the other side of the world.Top stories - The New York Times - 2 days ago -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
FirstFT: Jockeying to join Trump’s cabinet
Also in today’s newsletter, Fed and BoE rate decisions, and Germany’s government collapsesWorld - Financial Times - November 7 -
FirstFT: Republicans complete Congress sweep
Also in today’s newsletter, France boycotts COP29 and renowned conservative lawyer diesWorld - Financial Times - November 14 -
FirstFT: Russia fires its first intercontinental ballistic missile
Also in today’s newsletter, Indian billionaire Gautam Adani charged over alleged bribery scheme and DoJ requests Google break-upWorld - Financial Times - 4 hours ago