PRESS DIGEST- Financial Times - Feb 25
Headlines - German accounting watchdog chief to step down in wake of Wirecard https://on.ft.com/2Ml2drY - UK tech company sues Huawei and Goodix for patent infringement https://on.ft.com/3kxoMql - Sunak to use US example for corporate tax increase https://on.ft.com/3klw9AQ Overview - Edgar Ernst, the head of Germany's accounting watchdog Financial Reporting Enforcement Panel, is to step down following mounting political pressure over corporate governance shortcomings exposed by the Wirecard fraud.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- German accounting watchdog chief to step down in wake of Wirecard https://on.ft.com/2Ml2drY - UK tech company sues Huawei and Goodix for patent infringement https://on.ft.com/3kxoMql
- Sunak to use US example for corporate tax increase https://on.ft.com/3klw9AQ Overview
- Edgar Ernst, the head of Germany's accounting watchdog Financial Reporting Enforcement Panel, is to step down following mounting political pressure over corporate governance shortcomings exposed by the Wirecard fraud. - WaveTouch, a British technology company, has accused Huawei Technologies Co Ltd and Shenzhen Goodix Technology Co Ltd , China's largest developer of smartphone fingerprint sensors, of infringing on its technology and has launched legal proceedings against both companies.
- UK finance minister Rishi Sunak will use the election of Joe Biden as partial cover for a big Budget increase in corporation tax rates next week, arguing that the U.S. president is also planning a rise in business taxes. (Compiled by Bengaluru newsroom)
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