Article in Financial Times sheds first light on crimes of stealing (6)

I believe the answer is:

thefts

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'article in financial times sheds first light on crimes of stealing' is the definition.
I can't tell whether this defines the answer.

'article in financial times sheds first' is the wordplay.
'article in' becomes 'the' (the definite article in English. I am not sure about the 'in' bit.).
'financial times' becomes 'FT' (abbreviation).
'sheds first' becomes 's' (tst letter of 'sheds').
'the'+'ft'+'s'='THEFTS'

Can you help me to learn more?

(Another definition for thefts that I've seen is " Larcenies".)

I've seen this clue in The Irish Times.

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