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FINANCIAL TIMES yj 5 Virus surge Merkel takes i EU and UK trade talks extended but parties still split on key issues FBI tasked with delivering vaccine data to drugs watchdog amid hacking fears INTERNATIONAL, ECB set to unveil bank payout conditions Sav, sun.orampony E ; = se offer helpas eee = a 4 second wave Kremlin faces wall of suspicion in race to roll out vaccine INTERNATIONAL, “chirman China flashes some star quality in push to eclipse Washington ‘Space, tech and pharmaadvances touted aasdiplomats fire anti-western broadsides Beijing plans to triple wind and solar capacity within a decade BVLGARI INTERNATIONAL, Fed poised to extend crisis bond-buying —_Ngasshoo! puts Buhari in spotlight Can we get to the healthier, safer, zero carbon world? Think we can. Join us as we Race To Zero Because together, we can do this. Not so ast Flood of bankers expected to leave Brexit Britain has so far been more of a trickle © ruruac or rie cr. pacs8 Companies & Markets EY fraud unit Commodity prices strengthen _| Deutsche eyes as vaccine progress spurs growth optimism. eG ed about = \ to lower-cost Wirecard ‘red flags’ in 2018 «© Dissenting views infirm revealed © Audit team opted against probe arenes nie bond ay ee Munich prosecutors arealready vegan fdreecurrentand ——— So = {Sontag cea rR “ee pal ae ed rmaceuticals, Drug development AstraZeneca is transformed from prey to predator ee Pree —= [FT EN Select Se Moral Méney oe eee nd ened [edancrdng:tebuelace aaltrothrtetr sey taeda oS HOW DO YOU MANAGE RISK THROUGH BOTH CHAOS AND CALM? COMPANIES & MARKETS Exodus of London bankers fails to materialise Flow of talent from City to EU proves a trickle, although Frankfurt’s clean air and green spaces remain a pull for some Spence ‘he ene pe cy ee eee Soe = eetaciecmacete ccs aay eae — —— gm a have an international SSeS SoS nan os Drive investment ne ree ay to your location A ee Truckmakers in 2040 pledge on diesel ‘SSoaninycaconmn ease Saas Seer a Seen Se ee ie sai ca bag ei cee See ETE alone fore Wwestand waite tater the “Tecmgea pre tocrerge well, hier Sesereioge bumtheplane stant es 7 en @ PGIM | Resear THE PURSUIT OF OUTPERFORMANCE. Top 10 Global Investment Manager *7 Active U.S. equity” “4 Emerging markets debt" *2 Global real estate” "1 Active U.S. bonds” Around the world, more and more investors who seek consistent long-term returns are turning to for deep expertise across aset classes e pursuit of outperformance at PGIM.com FIXED INCOME / EQUITIES / REALESTATE / ALTERNATIVES / PRIVATE CREDIT / QUANT SOLUTIONS COMPANIES & MARKETS Emails raise Oslo fund enhances voting transparency A" tisns le corpo = FOMC meeting Investors watch for Fed moves on asset purchases FT Neh ZSu a= NWA aN ENB NORTH AMERICA Analyzing trends and transformations in the legal industry Congratulations to our winning innovative lawyers The Financial Times warmly congratulates everyone who featured in the Innovative Lawyers Awards North America 2020 aS IN-HOUSE LEGAL TEAMS Most innovative law firm in North America Pend tend een Most digital law firm in North America Inclusion, diversity and social justice ond oa Best multidisciplinary team Ce a Morrison & Foerster seed Client relationship management Talent development and the future of work White & Case eee ane Digitising the practice of law Fee eC ee ee Enabling business response to Covid-19 Se eee ee tee ee Cen een Coo CO Sd Ce ee ed Ee Red Coed Social justice and the rule of law enters Widely regarded as the best-researched in the market, the Innovative Lawyers Awards recognize market leaders in the legal sector by measuring and rewarding the unique ways they deliver value to their clients Dee ee ee eed Pee eed cae NLT Cee) Sree Nn Rte How do you get a business built over centuries to pivot overnight? sonte Cus (CEO ofthe North Poke servicenow The smarter way to workflow” Ready for work to work batter? Our digital workflows cre hereto bring simplicity to your complexity and ee Rcd "tansform how work gets done across your enterprise niinanainins Whatever yout business facing at's workflow it Is this the metric you've been searching for? COMPANIES & MARKETS How to Lead. 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CLIMATE CHANGE Since the2015 accord, the goal of keeping the rise in temperatures below 2C has seemed hard to attain, but the increase could be much less than feared ifgovernments make good ona flurry of recent commitments, By Leslie Hook a, 2 am sere at “The starsareaiging gain. Weare probably eeringanew phase, ‘where milters on ‘wlreain mementunt [rer aint btn ek eM aon ee ee EXitisinesaiteis? mectteirlnetemm 2iecrrgattas SRIVEITARNC EY, tarsetsofnet zero then Sopcuaden ites SSS tehesarcntmat Se ae SREOSIGAAGE. aevithinreachagin Seka “aaa Toe NigsiSomss FINANCIAL TIMES Trump’s latest risky deal in the Middle East ping Mc efter Seif fi emt sare There isa place for class action lawsuits in the UK kyo Notebook Iovten Restoring growth is more urgent than cutting public debt Keeping the young cooped up arr eee eee ee mee aera TERS SSS Steet Sees eee | CPnomicsense ERECRECSA NRG! Ke Satan Tiare Sly sesmeraie Sainiegmantntce Eacoaee [Qk gegaeres ose Case Soe a a comet C Eee teeta nop tie stat omy boc na The FTC strikes back against Facebook srt ound ee ee amare Caioeeskignce Oc wimertakeval ansapes America’ electoral college shows its durable power Epon ee — eee ee ee christopher oo ao S=eSe SS — cocicnenamaen cigar Siesta Taconite eeu tows een Sekenewuierecbver Simos viudotascs | wolae opr sale es) rsmeanhcec Teint eae) ‘eikhaisiasanolr nenechesieniartnpe treet choempsmc mee Bein dee e's ferent aos erlecgencten net's Since wats | ars te ee Semi See SS SKopoumemamasctatne teetectye Comrie or Searcy see esaestronucr dee tpndtelarin ene a a a eee a patsoueneninaesen Seema a|cnoliine people Seemmeemasteelyy Kaweencteneccaned "pet a edt, reams Samet Ssnssntioaioishit Sarita gun srt emer ‘ic rar ESS ‘i 1) Theperils of remote work ‘ een ey L _overoadso don't Bum out ex Don‘tturn your Wealth taxes: nose up at rich pickings } Christmas partiesonline =e a se When asd pople | Mitac, theend what they hough lo were, symsnuieecat, | Heme plenty STRESS, lupus Asia ccRosswoRD No 14650 Ser ETO jOTTERPAD ton RONALD PHILLIPS

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