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The Financial Times
Jonathan Ford and Tabby Kinder in London
– Jul 3, 11:18 AM
At the end of 2003, the Italian dairy company Parmalat descended into bankruptcy in an eye-catchingly abrupt manner. A routine bank reconciliation revealed that €3.9bn of cash which Parmalat was supposed to have at Bank of America did not…
People struggling with high-cost credit or car finance are to be given more time to pay, under proposals from the UK's financial watchdog. The Financial Conduct Authority plans to extend the deadline to apply for a payment freeze until 31 October.
– Mar 28, 2019, 6:26 AM
Which countries do people live in, globally? It's a very simple question, but it's also hard to get an accurate sense of the answer by browsing through a lengthy table of country-level population data. That's because there are close to 200…
ByteDance, the China-based unicorn behind the video-sharing app TikTok, was recently valued at up to $140B. Now, the company is leveraging its recommendation algorithms to expand its portfolio in a bid to join the ranks of Big Tech. At the end of…