Fraud chief warns of ‘big risk’ in policing €800bn EU recovery funds Brussels agency’s head fears difficulties in accessing bloc-wide data on transactions
Norway’s central bank sets out plan to start raising rates in September Move would put country ahead of most advanced economies in scaling back pandemic measures
Sweden’s government on brink ahead of no-confidence vote Poll could lead to snap elections or caretaker administration if result goes against Lofven
Toshiba’s biggest shareholder labels board ‘ineffective’ Effissimo says company has failed to address governance shortcomings following damning probe
ByteDance revenues more than doubled in 2020 to $34.3bn Covid lockdowns help TikTok owner increase monthly users to 1.9bn across its apps
Gangs replace rules in the new global order Joe Biden’s week of summitry reclaims US leadership of the west as the world returns to great power rivalry
The west’s awe of Russian spycraft is misplaced ‘Even when Russian spies hit the bullseye, helping Trump get elected, there was probably an element of fluke’
Energy enters the US culture wars Plus, Tellurian CEO courts meme-stock crowd, US fuel demand rebound and forecasts predict a return to $100-a-barrel oil
Biden’s climate agenda bogged down in divided Congress Democrats discuss alternative plan that may leave out standard for electricity sector
US and Russia set for ‘difficult work’ after Biden-Putin summit Making progress on Geneva agreements will require ‘higher diplomatic mathematics’
US Supreme Court throws out challenge to Obamacare Latest attempt to invalidate sweeping healthcare law is rebuffed in a 7-2 decision
The dealmaker on a mission for social mobility Peter Lampl put his financial muscle into boosting educational access for all — but the pandemic has made progress harder than ever
Most would-be crypto investors unaware of UK regulator’s warnings FCA says punters should be ‘prepared to lose all their money’ as purchases rise sharply
WhatsApp is where real political power lies in Britain The Dominic Cummings-Boris Johnson chat shows how the messaging app dominates Westminster’s decision-making
DUP leader Edwin Poots quits in fresh turmoil for N Ireland Political appointments agreed despite backlash from unionist MPs
UK Treasury criticised over failure to publicise Covid sick pay scheme Department says guidance for businesses on pandemic support ‘has always been clear’
‘Our children are coming to terms with a different life’ Covid has badly hit kids’ mental health, but schools and psychologists are finding creative ways to help
Payments processing group Wise plans landmark listing Top Credit Suisse dealmaker defects to Morgan Stanley and Robert Armstrong give his verdict on the Fed
Treasury lands £1bn windfall as companies repay furlough cash Investors push for return of government support after better than expected recovery
Ukraine arrests ransomware gang in global cyber criminal crackdown Arrests of Cl0p hacker group members adds to pressure on other countries to follow suit
US plays catch-up with Europe over biosimilar patents Moves to ease market access for generic drugmakers are gaining momentum
Europe’s Leading Patent Law Firms 2021 Listings based on recommendations made by clients and peers to FT research partner Statista
Delayed Europe patent court launch prolongs frustration On-off development of Unified Patent Court has been a rollercoaster for legal community
ECB gathers for hillside retreat to debate key strategy questions Consensus builds behind greener monetary policy, but the bank’s inflation target remains hotly debated
