Central bankers to persist with brave new world

Policymakers at Jackson Hole indicate unconventional tools will endure

N Korean defectors step up propaganda war

Activists accelerate campaign to float information into hermit kingdom

Japan’s hearse makers in overseas drive

Manufacturers hope China’s love of luxury will extend to final journey

Persian rugs enjoy post-sanctions boom

US sales soar, providing a rare bright spot for Iran

President Jacob Zuma and Atul Gupta at an event in 2012
©Flickr

Guptas to exit all South Africa shareholdings

Business dynasty will cut ties to mining-to-media empire

Sage hack highlights wider UK data struggle

Analysts say companies not doing enough to protect sensitive information

Brussels set to scupper Apple ‘state aid’

Investigation into group’s Irish tax arrangements has angered US

Trump and Florida
  • Can Trump take Florida?

    ‘The septuagenarian New York snowbird with a mansion in Palm Beach is a Florida archetype made flesh’

  • Notting Hill: rain on the parade?

    As the London district gears up for its annual street party, home prices in the area continue to fall in the wake of the Brexit vote

  • Eimear McBride: leaving home

    The award-winning Irish writer is about to publish her second novel, set in the London of the 1990s. Here she recalls the ‘gloriousness’ of her own arrival in the capital

French court overturns burkini ban

Conseil d’Etat says prohibition goes against ‘fundamental liberties’

Brexit means ‘deep break’ in EU history

German chancellor to meet 15 leaders across 5 countries

$250 Fee for use 9th August 2016 8/9/16- Miami- Steven Thomas, Thomas Alexander & Forrester in Venice, California, representing Taylor Bean Whitaker in trial, with judge Jaqueline Hogan Scola in background. Taylor Bean Whitaker v. PricewaterhouseCoopers (PWC) trial in Judge Jaqueline Hogan Scola courtroom, Miami-Dade County Courthouse.
©J Albert Diaz/ALM

PwC settles $5.5bn fraud detection lawsuit

Case shone light on auditors responsibility to detect wrongdoing

US economic growth revised down to 1.1%

Weak second quarter follows tepid performance at start of 2016

Comment & Analysis

America and the demon drink

Stanford University reacts to Brock Turner case by banning liquor, writes Philip Delves Broughton

Convenience not culture binds Europe

The EU’s multiple crises will not yield to invocations of its glorious past, writes Josef Joffe

Emerging markets rally masks frailties

Investors should be wary of Chinese debt lurking in a jumble of assets

Conversation starters: Comments from our readers

"Free money has several effects. First, it gets thrown away. Second, it won't be paid back. Third, it destroys any incentive for reform of an economically inefficient legal infrastructure. And there aren't any EMs that are not dependent on China. So bad investments plus a slowing China equals default. Welcome bankruptcy the EM way! Zero recovery."
William Gamble on As China nears exhaustion investors must look elsewhere



"Auditors are ultimately human. Many are quite young and may not have the experience to spot highly complex or sophisticated fraud. The move to machine learning and AI is interesting and could potentially remedy some of these issues insofar as this technology can digest more data far quicker than a any human. It is something the Big Four are looking at."
Charlie 1987 on Accountancy’s Big Four need more competition



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