Key cryptocurrency terms and what they mean

Liv McMahon, Joe Tidy & Brandon Drenon BBC News Getty Images Bitcoin’s price reaching a new high of $120,000 (£89,000) – buoyed by US President Donald Trump’s crypto-friendly stance – has kept the buzzy world of cryptocurrencies in the spotlight. But it also contains confusing terms such as ETFs, blockchains and cold wallets, that can…

Read More

KPMG fined for breaching audit independence rules

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK accounting regulator has fined KPMG £690,000 for relying on another firm’s work during its audit of agriculture and engineering group Carr’s, in breach of rules on auditor independence. The Financial Reporting Council said…

Read More

Pfizer, AstraZeneca, Merck bet on chemo replacement

Antibody drug conjugates (ADCs) are targeted medicines that deliver chemotherapy agents to cancer cells 3d rendering Love Employee | Istock | Getty Images Chemotherapy has long been a cornerstone of cancer treatment, saving millions of lives. But the pharmaceutical industry says a popular class of targeted cancer therapies could one day replace chemotherapy and its…

Read More