Press DIGEST- Financial Times – Feb 25

Feb 25 (Reuters) – The adhering to are the leading tales in the Financial Situations. Reuters has not verified these tales and does not vouch for their precision.

Headlines

– German accounting watchdog main to move down in wake of Wirecard https://on.ft.com/2Ml2drY

– British isles tech business sues Huawei and Goodix for patent infringement https://on.ft.com/3kxoMql

– Sunak to use US illustration for company tax increase https://on.ft.com/3klw9AQ

Overview

– Edgar Ernst, the head of Germany’s accounting watchdog Economic Reporting Enforcement Panel, is to move down subsequent mounting political pressure around corporate governance shortcomings exposed by the Wirecard fraud.

– WaveTouch, a British technological innovation corporation, has accused Huawei Systems Co Ltd and Shenzhen Goodix Technologies Co Ltd , China’s most significant developer of smartphone fingerprint sensors, of infringing on its technology and has introduced legal proceedings in opposition to each businesses.

– British isles finance minister Rishi Sunak will use the election of Joe Biden as partial include for a significant Budget increase in company tax costs subsequent 7 days, arguing that the U.S. president is also organizing a rise in business taxes. (Compiled by Bengaluru newsroom)