Chesapeake files for bankruptcy, Facebook ad boycott, Singapore’s new corporate structure
American shale pioneer Chesapeake Energy has filed for Chapter 11 bankruptcy, and dozens of brands are cancelling advertising on Facebook over the social media company’s handling of hate speech. Plus...
29 Jun 202010min
Wirecard insolvency, Brussels to probe German regulator, Federal Reserve bans buybacks
Wirecard filed for insolvency on Thursday, days after the German payments group revealed a multiyear fraud that led to the arrest of its former chief executive. The FT’s Dan McCrum has been following ...
26 Jun 202011min
New Covid-19 cases hit US record, airlines tap debt markets, Bayer settlement
Global markets dropped on Wednesday as rising Covid-19 cases fuelled fears that the virus could derail an economic recovery, US airlines increased the size of their debt and equity fundraisings this ...
25 Jun 20209min
Ex-Wirecard CEO arrested, Trump scales back environmental rules, the new bond monarch
Wirecard’s founder Markus Braun was arrested on suspicion of false accounting and market manipulation, and the Trump administration has eased Obama-era environmental rules during the pandemic. Plus, t...
24 Jun 202010min
Trump expands US immigration restrictions, Apple pivots away from Intel, inside Wirecard
Donald Trump is set to extend a suspension of immigration into the US imposed in response to the coronavirus pandemic, and Apple is planning to transition away from Intel chips to an in-house design f...
23 Jun 202010min
Brexit optimism, coronavirus hits Senegal oil projects, targeting black unemployment in the US
Boris Johnson will hammer out a new plan with senior ministers this week aimed at unblocking talks on Britain’s future relationship with the EU, and the delay of oil and gas projects in Senegal signal...
22 Jun 20209min
The inside story of a disgraced drugmaker
Executives from drugmaker Insys were the first from the pharmaceutical sector to be handed prison time for their role in America’s opioid epidemic earlier this year. The FT and the PBS series Frontlin...
19 Jun 202012min
US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale
The US has suspended talks with European countries on a new global tax framework for technology companies, private equity groups in the US have been on a spending spree despite worldwide lockdowns due...
18 Jun 20209min
