https://www.ft.com/content/1836b3a0-cf7b-4dd1-9821-85f209e15667 Accessibility helpSkip to navigationSkip to contentSkip to footer * Sign In * Subscribe Open side navigation menuOpen search bar myFT Search the FT[ ]SearchClose search bar * Home * World Sections + World Home + Global Economy + UK + US + China + Africa + Asia Pacific + Emerging Markets + Europe + Americas + Middle East and North Africa Most Read + Washington to bar US investors from 59 Chinese companies + Anthony Fauci urges China to release medical records of Wuhan lab workers + Portugal taken off UK's 'green list' of holiday destinations + Genetic code breakthrough opens door to advanced materials + Olympics sponsors call for Tokyo Games delay to allow more spectators * US Sections + US Home + US Economy + US Companies + US Politics & Policy Most Read + Washington to bar US investors from 59 Chinese companies + Anthony Fauci urges China to release medical records of Wuhan lab workers + Tiger's Julian Robertson bets big tech stocks will keep marching higher + United hopes to revive supersonic era almost 20 years after Concorde + How the virus disrupted inflation statistics * Companies Sections + Companies Home + Energy + Financials + Health + Industrials + Media + Professional Services + Retail & Consumer + Tech Sector + Telecoms + Transport Most Read + United hopes to revive supersonic era almost 20 years after Concorde + Bill Ackman's Spac close to buying 10% stake in Universal Music + Pret A Manger vs Greggs: who will win the battle for lunch? + Engine No 1, the giant-killing hedge fund, has big plans + Rio Tinto appoints first Aboriginal director after sacred cave blasts * Tech * Markets Sections + Markets Home + Alphaville + Markets Data + Capital Markets + Commodities + Currencies + Equities + Fund Management + Trading + Moral Money + ETF Hub Most Read + UK and EU launch antitrust probes into Facebook + FCA/crypto: lagging regulator may have the last laugh + Lessons from Peru's unhappy election + Sri Lanka faces ecological disaster as burning container ship starts to sink + Libor's US replacements: no one rate to rule them all * Climate * Opinion Sections + Opinion Home + Columnists + The FT View + The Big Read + Lex + Obituaries + Letters Most Read + Nestle is engineering an exit from the fat years + London's Sky Pool: a disaster that's already happened + In defence of buy-to-let landlords + Joe Biden is approaching his moment of truth + Making chocolate can give Ghana a taste of prosperity * Work & Careers Sections + Work & Careers Home + Business School Rankings + Business Education + Entrepreneurship + Recruitment + Business Books + Business Travel Most Read + Are you working in a fractured organisation? + A mini-MBA course designed to transform British business + Where have all the workers gone and will they ever come back? + Keeping fairness at the heart of big business + How strict lockdown rules are shaping the way we work * Life & Arts Sections + Life & Arts Home + Arts + Books + Food & Drink + FT Magazine + House & Home + Style + Travel + FT Globetrotter Most Read + The Englishman trying to save American bookstores from Amazon + In defence of buy-to-let landlords + Naomi Osaka's unexpected strength + Neil Woodford: two years on, the unanswered questions + The durian fruit, redeemed * How to Spend It * Sign In * Subscribe MenuSearch * Home * World * US * Companies * Tech * Markets * Climate * Opinion * Work & Careers * Life & Arts * How to Spend It Financial Times * Sign In * Subscribe Search the FT[ ]SearchClose search bar Subscribe to the FT to read: Financial Times UK and EU launch antitrust probes into Facebook Be a global citizen. Become an FT Subscriber. Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT $1 for 4 weeks Then $68 per month New customers only Cancel anytime during your trial Select Purchase a Trial subscription for $1 for 4 weeks You will be billed $68 per month after the trial ends * For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Read more Digital Be informed with the essential news and opinion $40 per month OR $372 for 1 year BEST VALUE - SAVE 20% Select Purchase a Digital subscription for $7.16 per week You will be billed $40 per month after the trial ends * MyFT - track the topics most important to you * FT Weekend - full access to the weekend content * Mobile & Tablet Apps - download to read on the go * Gift Article - share up to 10 articles a month with family, friends and colleagues Read more Print FT print edition delivered Monday - Saturday along with ePaper access $50 for 3 months INTRODUCTORY OFFER Then $74.75 every 3 months Select Purchase a Print subscription for $5.75 per week You will be billed $50 per month after the trial ends * Delivery to your home or office Monday to Saturday * FT Weekend paper - a stimulating blend of news and lifestyle features * ePaper access - the digital replica of the printed newspaper Read more Team or Enterprise Premium FT.com access for multiple users, with integrations & admin tools Pay based on use Does my organisation subscribe? Get Started Purchase a Team or Enterprise subscription for per week You will be billed per month after the trial ends Group Subscription Premium Digital access, plus: * Convenient access for groups of users * Integration with third party platforms and CRM systems * Usage based pricing and volume discounts for multiple users * Subscription management tools and usage reporting * SAML-based single sign-on (SSO) * Dedicated account and customer success teams Read more Full Terms and Conditions apply to all Subscriptions. Learn more and compare subscriptions Or, if you are already a subscriber Sign in Other options Premium Digital Premium Digital + Print Premium Digital + Weekend Print Weekend Print Useful links Support View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT Tour Careers Legal & Privacy Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies Services FT LiveFT ForumsBoard Director ProgrammeShare News Tips Securely Individual SubscriptionsGroup SubscriptionsRepublishing Contracts & TendersExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools Tools PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School Rankings Enterprise ToolsNews feedNewslettersCurrency Converter More from the FT Group Markets data delayed by at least 15 minutes. (c) THE FINANCIAL TIMES LTD 2021. FT and 'Financial Times' are trademarks of The Financial Times Ltd. The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice. [px] Close drawer menuFinancial Times International Edition Search the FT[ ]Search * Switch to UK Edition * Top sections * Home * WorldShow more World + Global Economy + UK + US + China + Africa + Asia Pacific + Emerging Markets + Europe + Americas + Middle East and North Africa * USShow more US + US Economy + US Companies + US Politics & Policy * CompaniesShow more Companies + Energy + Financials + Health + Industrials + Media + Professional Services + Retail & Consumer + Tech Sector + Telecoms + Transport * Tech * MarketsShow more Markets + Alphaville + Markets Data + Capital Markets + Commodities + Currencies + Equities + Fund Management + Trading + Moral Money + ETF Hub * Climate * OpinionShow more Opinion + Columnists + The FT View + The Big Read + Lex + Obituaries + Letters * Work & CareersShow more Work & Careers + Business School Rankings + Business Education + Entrepreneurship + Recruitment + Business Books + Business Travel * Life & ArtsShow more Life & Arts + Arts + Books + Food & Drink + FT Magazine + House & Home + Style + Travel + FT Globetrotter * Personal FinanceShow more Personal Finance + Property & Mortgages + Investments + Pensions + Tax + Banking & Savings + Advice & Comment + Next Act * How to Spend It * Special Reports * FT recommends * Graphics * Lex * Alphaville * Lunch with the FT * FT Globetrotter * #techAsia * Moral Money * FTfm * Newsletters * Video * Podcasts * News feed * myFT * Portfolio * Today's Newspaper (ePaper) * Crossword * Our Apps * Help Centre * Subscribe * Sign In