North Korea fires submarine-launched missile

South Korea on high alert for nuclear test

Germany objects to tax transparency proposals

EU businesses say disclosure would put them at a disadvantage

Johnson accused of racism in Obama row

Mayor says ‘part-Kenyan’ president has ‘ancestral dislike’ of British empire

Menu change revives McDonald’s US sales

Turnround is working but chain is still not reaching millennials

MEET THE PRESS -- Pictured: (l-r) Paul Manafort., Convention Manager, Trump Campaign, appears on "Meet the Press" in Washington, D.C., Sunday April 10, 2016. (Photo by: William B. Plowman/NBC/NBC NewsWire via Getty Images)

Trump’s ‘dark prince’ honed craft in Ukraine

Paul Manafort’s work with Viktor Yanukovich is a showcase of his talents

Merkel visits refugee camp in Turkey

German Chancellor seeks to reassure critics over EU deal

FBI ends stand-off with Apple over iPhone

Access demand pulled after suspect in drugs probe gives passcode

Maestro, Maxi, Capri, Escort 1990 ©Robert Clayton
Declan Garrity, 24, an upper East Side financial analyst, was busted for abusing his roommate's cat Lucy (pictured) for three months.

Banker fails to appear in cat-cruelty case

Ex-Barclays analyst faces US charges he tortured roommate’s pet

Microsoft clicks into industrial internet

Convergence of IT and manufacturing sees rush of venture capital as companies vie to get in early

Caterpillar says Brazil business ‘tanked’

US group cuts full-year sales and profit forecasts

Argentina puts end to long holdouts saga

Judge lifts injunctions on country after it pays creditors $9.3bn

Comment & Analysis

Jin Liqun
©James Ferguson

Jin Liqun

The man behind the Chinese bank that upset the US meets Jamil Anderlini at a fast-food joint in Beijing

Ecuador despairs as quake costs mount

President Correa may have to swallow pride and seek IMF help

alphachat

Underrated moments in economic history, and a stagnationist’s outlook on the future

Cardiff Garcia in discussion with economist Brad DeLong and author and former banker Satyajit Das

Conversation starters: Comments from our readers

"The sad truth is that the majority of people are speaking from a position of ignorance on this. They should stop being so sanctimonious and spend a year in banking to understand what the job actually entails and why it needs to incentivise so hard - yes, the pay is large, but to think that every banker sits at their desk thinking of new ways to rob the poor is asinine in the extreme. Every industry has unethical staff (see VW for just one) and 99.9% of us are normal, hard working people and pretty sick of being cast in with a few bad eggs."
By Dead Cat Bounce on US finance professionals face fresh pay crackdown



"M. de Botton, thank you for a valuable piece. You have to hope that there is an enduring love after passion has burnt itself out. But I hope everyone experiences passion, even though it risks doing great damage, and if we are lucky ends in heartbreak only for the passionate protagonist."
By Fotherington-Tomas on How fiction ruined love


Market-moving news and views, 24 hours a day

Sorry, Fast FT is unavailable at the moment

FOLLOW THE FT

PEOPLE IN THE NEWS


SHARE THIS QUOTE