Persian rugs enjoy post-sanctions boom

US sales soar, providing a rare bright spot for Iran

Brussels set to scupper Apple ‘state aid’

Investigation into group’s Irish tax arrangements has angered US

Brexit means ‘deep break’ in EU history

German chancellor to meet 15 leaders across 5 countries

PwC settles $5.5bn fraud detection lawsuit

Case shone light on auditors responsibility to detect wrongdoing

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

French court overturns burkini ban

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

Icahn attacks Ackman over Herbalife claim

Investor says rival has ‘no right’ to suggest he eyed stake sale

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

©FT Graphics / Brian Saffer

AB InBev deal yields $2bn in fees and taxes

Takeover of SABMiller leads to bumper payday for advisers

Facebook to use Trending Topics algorithm

Group to change headline feature after political bias accusations

US economic growth revised down to 1.1%

Weak second quarter follows tepid performance at start of 2016

Zaragoza mayor takes aim at Church property

Catholic hierarchy pitted against secular activists in Spanish property battle

Comment & Analysis

America and the demon drink

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

Emerging markets rally masks frailties

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

Merkel seeks consensus for post-Brexit EU

A fraught political climate discourages grand plans for integration

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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