U.S. regulators on Friday authorized the first COVID-19 shots for infants and preschoolers, paving the way for vaccinations to begin next week. The Food and Drug Administration’s action follows its advisory panel’s unanimous recommendation for the shots from Moderna and Pfizer. That means U.S. kids under 5 — roughly 18 million youngsters — are eligible…
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Rich countries led by the US and the EU were accused of betraying poorer nations over the issue of finance to combat climate change, after two weeks of tense UN climate talks in the German city of Bonn ended acrimoniously. The fraught discussions marked the first major UN climate meeting since the COP26 summit in…
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This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight to your inbox every Monday and Friday George HW Bush infamously said: “The American way of life is not up for negotiation.” In terms of climate change, he was true to his vow. The most…
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Deutsche Bank has begun installing an application on bankers’ phones to track all their communications with clients amid regulatory probes into inappropriate messaging that have rattled the industry. The German lender has started requiring certain bankers to download Movius, a US mobile app that allows compliance staff to monitor calls, text messages and WhatsApp conversations,…
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The first iMac doesn’t look like a game changer. Released in 1998, the G3 Bondi Blue personal computer was jelly bean-coloured and named after the Australian surfing beach. Its transparent plastic case was cute and curvy, the design equivalent of a text written in Comic Sans. And yet this model changed the course of computer…
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UK mortgage lending underwriting has grown old and tired Gerard Lyons who I believe would have made an excellent candidate for governor of the Bank of England rather than the less than impressive Andrew Bailey makes the point that PM Boris Johnson’s comments on the housing market last week were unlikely to be effective. He…
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TikTok influencers in the UK are dropping out of the company’s ecommerce programme, complaining of poor pay, long hours and promoting cheap products, in the latest signal that the company’s “livestream shopping” model is struggling to take off worldwide. The Chinese owner of the social media platform, ByteDance, launched “TikTop Shop” in the UK last…
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Jim Rowan, chief executive of Volvo Cars, spoke to Peter Campbell, FT global motor industry correspondent, at FT Live’s Future of the Car conference in London last month. This is an edited transcript of his remarks on the transformation of personal mobility. The automotive industry is going through a massive transformation and there are two…
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Since Google launched its self-driving car project in 2009, it has been leading the way towards a new age of autonomous transport that could reshape cities and, one day, deal a death blow to car ownership. But, in San Francisco, close to its headquarters, the tech giant has found itself overtaken by Cruise — a…
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A British payments start-up that is now facing bankruptcy took taxpayer money from Rishi Sunak’s Future Fund and used it to buy technology from an investor who helped it raise the cash. GoodBox raised £9mn in a January 2021 convertible loan deal with the Future Fund scheme, which operated in the first year of the…
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