FT News Briefing

PwC’s Evergrande audit comes back to bite

UK deputy prime minister Oliver Dowden went on a secret trip to the UAE, PwC is bracing for penalties over its audit of collapsed Chinese property developer Evergrande, and traders are anticipating huge swings in Nvidia shares after the company reports earnings on Wednesday.  Mentioned in this podcast:<a href="https://on.ft.com/3KgwqCM" rel="noopener noreferrer" target="_blank">UK launches charm offensive with UAE after relations sour</a><a href="https://on.ft.com/44P6Zli" rel="noopener noreferrer" target="_blank">PwC partners brace for Chinese punishment over Evergrande audit</a><a href="https://on.ft.com/4bLTcyb" rel="noopener noreferrer" target="_blank">Traders brace for big swings in Nvidia shares</a><a href="https://on.ft.com/4ate8sP" rel="noopener noreferrer" target="_blank">EU trade deficit with China shrinks to lowest level since 2021</a>Follow Untold: Power for Sale on<a href="https://podcasts.apple.com/us/podcast/untold-the-retreat/id1724826952" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> or<a href="https://open.spotify.com/show/1GUc0a6lsMCaTDbgIU4tgJ" rel="noopener noreferrer" target="_blank"> Spotify</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. <a href="https://www.ft.com/content/5974a544-cb67-4f09-a6a5-93fe4458b0da" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.