FirstFT: Today’s top stories
Your daily briefing on the news
US to declassify Taiwan security assurances
Decision to make documents public is part of Washington campaign to hold Beijing accountable
Warren Buffett makes $6bn bet on Japanese trading houses
Berkshire Hathaway investment marks decisive shift from familiarity of home US market
UK spending on coronavirus consultants tops £100m
Firms such as PwC and McKinsey awarded big contracts to advise on pandemic response
Health concerns swirl around Europe’s obese and addicted banks
Interventions have destroyed returns and left most lenders essentially uninvestable
Electric car costs to remain higher than traditional engines
Threat to carmakers’ profit margins as demand shifts from petrol and diesel vehicles
Asset managers lobby Brussels to delay sustainable investing rules
Resistance underlines gulf between policy ambitions for green finance and reality of implementing new system
Rollout of UK’s antibody tests still awaiting regulatory approval
Johnson’s ‘game-changer’ stalled with tests down from 40,000 to just 5,000 a day
Tata: transforming a conglomerate for India and the world
The group aims to overhaul its European steel and car operations as well as cash in on ecommerce in its home country
Visa delays keep hundreds of doctors on NHS waiting list
Staff are mostly waiting for ‘vignettes’ allowing them to travel to and work in UK