FinancIal Times

The firm’s lockstep pay structure looks quaint as fierce rainmaker poaching wars reshape the sector

Swipe at US president appears to wipe out year-long effort to establish rapport

Oil jumps as Tehran targets UAE and US hits Iranian fast boats

Also in this newsletter, car sales at record highs

Facing hostility from its two largest trading partners, Canberra embarked on a drive to diversify

Deal would come at a fraction of the amount regulators originally sought from the world’s …

Employees will be paid directly for generating business instead of sharing revenue between the group’s …

Also in today’s newsletter: US and Iran exchange fire in the Gulf, and the EU …

German company’s shares under pressure over profitability concerns and questions about the future of warfare

Jay Powell has overseen his last Fed meeting as chair even if he plans to …