Problems with one of the Hubble Space Telescope’s three remaining gyroscopes, crucial for pointing and locking onto targets, have prompted mission managers to switch to a backup control mode that will limit some observations but keep the iconic observatory well into the years will keep it operational by 2030, officials said. Tuesday. “We still believe … Read more
PwC is facing a crisis in China as partners brace for fines over the audit of bankrupt property developer Evergrande and some clients reconsider their relationships with the accounting firm. China’s securities regulator ruled in March that Evergrande had inflated its mainland revenues by nearly $80 billion in the two years before the developer defaulted … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Visa and Mastercard will be required to share more information about the fees they charge merchants under new rules proposed by the UK’s payments regulator. The Payment Systems Regulator proposed on Tuesday that the two … Read more