Financial Times

Ernst & Young scrapped plans to split its audit and consulting businesses, reports the Financial Times.

Financial Times reports a business registered in a small house in London has sold $1.2bn (£965m) of electronics to Russia, since the invasion of Ukraine started. 

According to a senior adviser to President Volodymyr Zelenskyy, Kyiv is willing to discuss Crimea’s status with Moscow if its forces reach the peninsular border.

Financial Times’ front page features Trump’s “day of drama.”

In light of EY’s failed audit work for collapsed payments company Wirecard, the company has been banned for two years from taking on new audit clients in Germany. 

Oil producing nations have revealed they will cut back production by more than a million barrels a day, reports the Financial Times.

FT Weekend reports that Donald Trump is to surrender himself on the day of his indictment.

FT reports on China’s warning to Europe not to abide by US calls to limit trade with the Asian country.