Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Donald Trump’s Mar-a-Lago residence raided by FBI agents
    • Finland and Estonia urge EU to stop issuing tourist visas to Russians
    • Xi Jinping grasps ‘knife’ of internal security to complete grip on power
    • Justice department under pressure to explain raid on Donald Trump’s estate
    • Taipei accuses Beijing of trying to take control of Taiwan Strait
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Carlyle boss quit after failed request for $300mn pay package
      • Corporate America fumes over Joe Biden’s tax and climate package
      • London’s ‘magic circle’ law firms make renewed bid to crack US
      • Carlyle’s chief executive resigns after breakdown in contract talks
      • BioNTech and Pfizer to begin vaccine clinical trial for new Covid variants
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
      Most Read
      • Live news updates from August 9: Explosions shake air base in Crimea, SoftBank shares drop on $23bn loss
      • Investors divided over how long Big Tech rally will last
      • Corporate lawyers take it easy as US IPO market dries up
      • Why are British household energy bills so high?
      • Russian oil flow halted through Druzhba pipeline to central Europe
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Where have all the UK’s self-employed gone?
      • It is too early to declare risk of US recession is over
      • Dangerous fatalism about a US-China war
      • Europe can withstand a winter recession
      • Don’t rule out a fifth term for the Tories
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Can a city be redesigned for the new world of work?
      • Brompton’s Will Butler-Adams: ‘People have no idea what goes into a product. That’s not a good thing’
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Netflix aims to become a serious player in the gaming sphere
      • The best new watersports gear
      • Hauser & Wirth CEO Ewan Venters’ ideal London weekend
      • Gentle parenting, yes or no? FT readers respond
      • Tourists by Lucy Lethbridge — should have stayed at home?
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Your guide to a disrupted world

    Start a 4-week trial

    Miles Johnson

    Investigative reporter
    Miles Johnson is an investigative reporter for the FT. In over a decade working at the FT he has previously held roles as Rome Correspondent, Capital Markets Editor, Investment Editor and Hedge Fund Correspondent in London. He has also reported on the European debt crisis as Madrid Correspondent and on finance from New York.
    Email Miles Johnson @milesmjohnson  on Twitter (link opens in a new browser window)
    Email Miles Johnson @milesmjohnson  on Twitter (link opens in a new browser window)

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Wednesday, 22 June, 2022
      Credit Suisse Group AG
      Fund manager files lawsuit against Credit Suisse over Vatican property deal

      Raffaele Mincione faces criminal proceedings for his role in purchase of London building

    • Thursday, 12 May, 2022
      FT Magazine
      The mystery of the mogul, the casino and the heist that rocked Mayfair

      The Park Lane Club was supposed to fulfil Vasilijs Melniks’ fantasy. Instead it became his torment

    • Wednesday, 30 March, 2022
      Gemcorp Capital LLP
      The Russia ties of London’s Gemcorp Capital

      Asset manager received seed investment for its first fund from telecoms billionaire

    • Friday, 25 March, 2022
      Russia
      Polina Kovaleva’s London flat and the task of tracing Russia’s dirty money

      Opaque finances and unclear ties make it tricky to determine who is connected to Putin’s inner circle

    • Wednesday, 17 November, 2021
      Transcript
      On trial in the Vatican

      The probe focuses on the Holy See’s investments in London’s luxury property

    • Wednesday, 17 November, 2021
      FT News Briefing podcast10 min listen
      On trial in the Vatican

      Gas prices jump as Germany suspends certification of Kremlin-backed Nord Stream 2 pipeline

    • Sunday, 7 November, 2021
      Vatican
      Vatican to lose £100m of charitable funds in London property sale

      Holy See close to finalising disposal of building at centre of international criminal probe

    • Sunday, 31 October, 2021
      Climate change
      Johnson warns G20 deal leaves ‘huge way to go’ at climate summit

      Only partial progress on coal use but agreement to limit global warming as COP26 talks open

    • Saturday, 30 October, 2021
      G20
      Going it alone on climate change is not an option, Draghi warns G20

      Italy’s prime minister sets tone for COP26 by telling the Rome summit differences must be overcome

    • Friday, 29 October, 2021
      ExplainerG20
      Climate tops the agenda as G20 meets in person after two-year gap

      But Rome gathering that is likely to set tone for COP26 summit in Glasgow will have high-profile absentees

    • Thursday, 28 October, 2021
      Special ReportInvesting in Italy
      Italy’s economic development minister: ‘We are completely changing public administration’

      Giancarlo Giorgetti says reforms are critical to reversing more than two decades of economic stagnation

    • Thursday, 28 October, 2021
      Special ReportInvesting in Italy
      All eyes on Draghi’s investment and reform plan

      What will be the consequences for Italy, and for Europe, if the prime minister fails to deliver?

    • Wednesday, 27 October, 2021
      Inside BusinessItalian politics
      Draghi’s presidency choice may temper investor enthusiasm for Italy

      Former ECB chief has transformed perceptions of his country but may not be premier for much longer

    • Tuesday, 19 October, 2021
      Italian politics
      Centre-left takes control of key Italian cities in blow to Five Star

      Democratic Party candidate seizes Rome from the former upstart party which also lost Turin

    • Friday, 15 October, 2021
      Covid-19 vaccines
      Italians protest as Covid health passes come into force

      Demonstrators take to streets on day mandatory measure for workers is introduced

    • Monday, 4 October, 2021
      FT Financial Literacy and Inclusion Campaign
      ‘We need people to know the ABC of finance’: facing up to the financial literacy crisis

      Economist Annamaria Lusardi helps young people gain skills to manage their money

    • Thursday, 23 September, 2021
      Italy
      Draghi pledges €3bn energy subsidy to maintain Italy’s pandemic recovery

      Prime minister promises no tax increases and says economic rebound expected to grow at 6% this year

    • Monday, 20 September, 2021
      News in-depthEU energy
      European governments consider billions in aid to weather soaring gas prices

      Italy set to follow Spain in preparing package to help consumers deal with rising household bills

    • Thursday, 16 September, 2021
      Covid-19 vaccines
      Italy set to make Covid ‘green pass’ compulsory for all workers

      Requirement would be strictest measure in Europe so far to curtail movement based on vaccination status

    • Thursday, 16 September, 2021
      Italian banks
      Banca Generali writes down pandemic-hit healthcare bonds

      Decision unrelated to small amount of Mafia-linked invoices, says bank

    • Wednesday, 8 September, 2021
      Alitalia Compagnia Aerea Italiana SpA
      Rome set to be told $900m loan to Alitalia breached EU state-aid rules

      Italian national carrier set to be replaced within weeks by new standalone airline

    • Friday, 27 August, 2021
      Silvio Berlusconi
      Italy’s former prime minister Silvio Berlusconi discharged from hospital

      Media tycoon, 84, had undergone ‘in-depth checks’ after latest health scare since catching Covid

    • Friday, 27 August, 2021
      News in-depthItaly
      Arrest of ‘Van Gogh boss’ signals net is tightening around Italy’s Mafia fugitives

      Cross-border co-operation and tech advances have made life on the run more challenging for country’s most wanted criminals

    • Friday, 20 August, 2021
      Italy
      Italy arrests ‘Van Gogh’ mafia boss after years on the run

      Raffaele Imperiale rose to fame after two paintings by the Dutch master were found in his Naples villa

    • Wednesday, 18 August, 2021
      Inside BusinessEuropean companies
      Europe’s big secret is its small cap superstars

      Contrary to popular belief, not all of the world’s fastest-growing companies are American

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. 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.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition
    • Top sections
    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports
    • FT recommends
    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Community
      • FT Live
      • FT Forums
      • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In