Financial Times - EY banned from German audit work for two years after Wirecard scandal

Summary of the front page

The Financial Times reports that EY has been banned from taking on any newly listed audit clients in Germany for two years over failures in its work for collapsed payments company Wirecard. Germany’s audit watchdog, Apas, also announced a €500,000 (£439,000) fine for EY, the paper reports.

The front page pictures electric scooters and reports Paris is to ban e-scooters after a poll revealed most want the mode of transport outlawed. 

Today's top stories

PRI 105905660 d944

Norway reports first familial stem cell transplant cure for HIV patient

A patient in Norway has been virtually cured of HIV following a family stem cell transplant. Known as the ‘Oslo patient’, he received cells from his elder brother, who carried a rare gene blocking HIV. Doctors deem him cured ‘for all practical purposes’. Further details are available.

696x392 cmsv2 8b662b72 7a8f 5c9c 8f5a dec9eb10fadd 9726731

Ukraine strikes two Russian oil refineries amid ongoing drone attacks

Ukraine conducted drone strikes on two oil refineries in Russia’s Samara Oblast on Saturday, targeting facilities vital to Russia’s energy infrastructure. The Novokuybyshevsk refinery experienced significant fires, while the Syzran facility was hit shortly after, impacting fuel supplies crucial for domestic and export distribution.

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement