Yellen says rate rise case has strengthened

Fed chair suggests move is becoming likely in the coming months

Brussels set to scupper Apple ‘state aid’

Investigation into group’s Irish tax arrangements has angered US

Whitehall faces racial inequality audit

May’s first attempt to put One Nation conservatism into practice

French court overturns burkini ban

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

Persian rugs enjoy post-sanctions boom

US sales soar, providing a rare bright spot for Iran

Business defiance highlights Labour crisis

Companies ignore Opposition as leadership vote hangs over party

Facebook to use Trending Topics algorithm

Group to change headline feature after political bias accusations

E7G8GH Sizewell A and B nuclear power stations. Sizewell A which is on the left, is being decommissioned.
©Stuart Sneddon/Alamy

UK nuclear industry hit by fresh turmoil

Threat of legal action over botched £7bn clean-up

©FT Graphics / Brian Saffer

AB InBev deal yields $2bn in fees and taxes

Takeover of SABMiller leads to bumper payday for advisers

$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

Zaragoza mayor takes aim at Church property

Catholic hierarchy pitted against secular activists in Spanish property battle

Comment & Analysis

Yes Minister, BBC sitcom, by Antony Jay and Jonathan Lynn programme with Paul Eddington and Nigel Hawthorne

‘Yes Minister’ is a guide to UK politics

Notebook: Even former leaders have attested to its authenticity, writes Sebastian Payne

Emerging markets rally masks frailties

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

America and the demon drink

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

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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