This story is part of a major Financial Times series Coronavirus: could the world have been spared?, investigating the global response to the crisis and whether the disaster could have been averted. For many Europeans the moment coronavirus arrived on their continent was on February 23 when Italian authorities... Read more
The 1 Malaysia Development Berhad (1MDB) logo is seen through the window of a car in Kuala Lumpu, Malaysia, in 2016. AFP/Getty Images Goldman Sachs Group Inc. has agreed to a more-than-$2 billion settlement with the U.S. Justice Department for its role in Malaysia’s 1MDB scandal, Bloomberg News reported... Read more
Intel has agreed to sell part of its memory business to South Korean chipmaker SK Hynix for $9bn, in the latest upheaval in the global computer chip industry. Seoul-headquartered SK Hynix will acquire Intel’s Nand memory and storage business over the next five years, it said in a statement... Read more
The Intel logo is displayed outside of the Intel headquarters in Santa Clara, Calif. Getty Images Intel Corp. has reached a deal to sell its flash-memory manufacturing business to South Korea’s SK Hynix Inc. for about $9 billion, in a move that would reorient the semiconductor giant away from an area of historical importance... Read more
The US Supreme Court has rejected Republican efforts to block a three-day extension to the deadline for mail-in ballots in Pennsylvania, a key swing state that could decide whether Donald Trump or Joe Biden wins in November. The high court issued a brief order on Monday evening that gave... Read more
Getty Images International Business Machines Corp. revenue continued to decline in the third quarter, according to a Monday earnings report, and shares sank in after-hours trading as the company said it would not provide an outlook. On a conference call, IBM IBM, -0.32% Chief Financial Officer James Kavanaugh said... Read more
Banks in Hong Kong have been advised to report any transactions suspected of violating a controversial national security law to police, according to a document released online by the city’s regulator. The advice, published by the Hong Kong Monetary Authority, suggested banks report breaches of the law as they... Read more
The McAfee logo is displayed at the Mobile World Congress in Barcelona on Feb. 25, 2019. (Agence France-Presse/Getty Images) McAfee Corp. plans to return to the public markets after nearly a decade as a private company, but the security-software company is re-emerging as a structured entity that would take... Read more
Donald Trump lashed out at Anthony Fauci, a top White House coronavirus task force member, calling him a “disaster” as the president attempted to defend his handling of the pandemic with just two weeks until the election. In a call with campaign aides on Monday, Mr Trump played down... Read more
A sheet of freshly printed one-dollar bills is ready for inspection at the Bureau of Engraving and Printing in Washington. (Getty Images) Usually, the need to wrap up annual bills to fund the government is a necessary but wearisome chore for lawmakers. This year, though, it could be crucial... Read more
