Anne Collins, a Sydney-based lawyer who had been general counsel since 2016, left the role this week as part of a wider executive reshuffle. The Big Four firm has been in turmoil for months after allegations that some of its senior audit partners used confidential client documents to gain information they then used to pitch for additional business. https://ft.trib.al/qhBbFGe
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Updates
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A former HSBC banker has been banned from working in financial services by the UK watchdog after being convicted of fraud over a 'doughnutting' scam he devised to dodge almost £6,000 of train fares. https://ft.trib.al/7PsMXHz
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Artificial intelligence systems are becoming more and more capable. Can we regulate this technology effectively – or is it too late to put the AI genie back in the bottle? https://ft.trib.al/PkqzXGv
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When lab-grown meat first captured investors’ attention, the promise was simple: steak without cattle, chicken without poultry — a carnivorous diet stripped of its moral baggage. But from pet food to sausage ingredients, cultivated food start-ups are moving beyond lofty early promises to seek niches where they can address a need https://ft.trib.al/r3DPOdJ
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Accenture has painted a rosier picture of the IT consulting market than investors had feared, as it pours money into training its staff to use AI and helps clients adopt the technology. The firm reported full-year revenues of $74.2bn despite fears that AI would hit the sector https://ft.trib.al/A17S2Nn
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The United Arab Emirates has said it is investigating whether Wednesday’s cockpit battle on board a Flydubai flight bound for Tel Aviv was linked to terrorism. Israeli Prime Minister Benjamin Netanyahu said it was 'too soon to say' whether there was any indication of Iranian involvement in the incident, in which the co-pilot of the flight, which was carrying more than 150 passengers on Wednesday morning, attacked the other pilot https://ft.trib.al/GuzXVaR
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Financial Times reposted this
Who gets to decide what is — and is not — great literature? Ahead of next week’s Nobel Prize announcement, Simon Kuper explores how a small group of obscure Swedish intellectuals came to shape the global literary canon — and why, despite controversies, omissions and the occasional baffling choice, this imperfect prize still matters.
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RSM — the fifth-largest accounting group in the US by revenue and the seventh-largest globally — is exploring a possible initial public offering as a wave of consolidation transforms the audit sector and disrupts the traditional partnership model https://ft.trib.al/YudlKMK
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The shortlisted books are 'charismatic' reads, said chair of judges Kirsty Lang, broadcaster and arts journalist: https://ft.trib.al/FnOHAqu
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