Boeing hid design flaws in its 737 Max jet from both pilots and regulators as it raced to have the aeroplane certified as fit to fly, according to a damning Congressional report into why two of the aircraft crashed within months of each other last year, killing 346 people. The

The global chairman of EY has expressed “regret” that a fraud at collapsed German fintech Wirecard was “not uncovered sooner” and said the Big Four accounting firm would “raise the bar significantly” on its audits, including when verifying bank balances. Carmine Di Sibio, who has run EY since January 2019, wrote

ByteDance has reached a preliminary “technical partnership” agreement with Oracle for TikTok’s US operations that does not include a full sale of the popular video app, according to three people with knowledge of the matter. As part of the deal, Oracle plans to address the national security concerns the Trump administration

SoftBank is set to sell the UK’s Arm Holdings to US chip company Nvidia for more than $40bn, just four years after its founder Masayoshi Son bought the chip designer and said it would be the linchpin for the future of the Japanese technology group.  Multiple people with direct knowledge of

The UK government was explicitly warned in January that Boris Johnson’s Brexit divorce deal would leave Brussels able to claim jurisdiction over “large amounts” of UK state aid policy after the end of the transition period, documents seen by the Financial Times have revealed. A 10-page official briefing document shows the

The threat of a turbulent US presidential election is raising the pressure on companies to load up on cheap debt as bankers warn that disruption to financial markets could deny them access to funds on favourable terms. Corporate bond issuance has started strongly in September after companies raised $210bn in August

Ireland has called on the UK to abandon moves to unpick parts of its Brexit treaty, warning that London risks forfeiting the EU’s trust as time runs out in talks on a free trade deal. Micheál Martin, the Irish premier, said Prime Minister Boris Johnson’s decision to table a controversial new

LVMH’s planned $16.6bn takeover of US jeweller Tiffany was thrown into jeopardy on Wednesday after the French conglomerate said the deal could not be completed and Tiffany hit back with a lawsuit aimed at forcing it to respect their original agreement. The largest-ever deal in the luxury sector has become

Donald Trump raised the prospect of “decoupling” the US economy from China and claimed that America was experiencing “the fastest recovery in US history”, honing his economic messaging as the presidential campaign enters its final stretch. Mr Trump, who made China a central focus of his 2016 campaign, previewed a

Shares in SoftBank fell more than 6 per cent in Tokyo on Monday morning after weekend revelations that the Japanese conglomerate was the mystery “whale” that had driven US technology stocks to record highs. The Financial Times reported on Sunday that the group’s trading strategy meant it was now sitting on