FT News Briefing - Financial Times

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EU to allow UK data flow, commodities boom, China's box office Feb 15, 2021

Show notes

Brussels is set to allow data to continue to flow freely from the EU to the UK. In Argentina, the country’s powerful vice president wants to postpone a crucial $44bn debt deal with the IMF until the pandemic has eased. Commodities such as oil and copper may be entering a new ‘supercycle’ of higher prices. Plus, in China, at least, people are still going out to the movies.

Brussels to allow data to continue to flow to UK

https://www.ft.com/content/43ed5e0a-7b0a-40db-800f-6f3b9c58b9a8

Argentina’s powerful vice-president pushes for delay to IMF debt deal

https://www.ft.com/content/78b08f12-7b78-4ecd-8e64-a717f8a43e09

Investors set for commodities ‘bull run’ as prices rise in tandem

https://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916f

China’s box office roars while Hollywood remains on mute

https://www.ft.com/content/573340cb-30b9-421e-8fec-51c8348a6bbb

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Europe’s IPO boom, Bitcoin hits new record, China’s corn spree Feb 12, 2021

Show notes

Europe’s IPO market is off to its strongest start in five years thanks to a flurry of tech and ecommerce listings, Disney continues to attract subscribers to its streaming service, and China’s massive corn purchases have sent the price of the crop soaring. And the FT’s markets editor, Katie Martin, shares her thoughts on Elon Musk’s excitement over cryptocurrencies and whether it will spur wider adoption of digital currencies.

European IPOs mark best start to year since 2015 with €8bn haul

https://www.ft.com/content/171ea5f4-b3f4-4e76-bb13-2480879d1bd0?

Elon Musk’s effect on crypto world shows how irrational markets are

https://www.ft.com/content/92ab487d-1990-42b9-b7d3-ba9d54d9bd22

Disney Plus added 8m subscribers over Christmas

https://www.ft.com/content/49581411-5650-4448-8325-ce12f85ee86b

China’s record purchase of corn a ‘watershed moment’ for grain market

https://www.ft.com/content/94b04a3e-6169-4b07-8218-413138c641a1?

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Amsterdam becomes Europe’s trading hub, AstraZeneca vaccine to help poor countries, Italy’s recovery fund Feb 11, 2021

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Amsterdam surpassed London as Europe’s largest share trading centre last month, Federal Reserve chairman Jay Powell has pledged to keep monetary policy loose to support the struggling US labour market, and the World Health Organization recommended the use of the Oxford/AstraZeneca vaccine for all adults. Plus, Italy will receive €200bn from the EU’s coronavirus recovery fund to help revive its economy. The FT’s Brussels bureau chief, Sam Fleming, explains what is at stake for Italy and the EU.

Amsterdam ousts London as Europe’s top share trading hub

https://www.ft.com/content/3dad4ef3-59e8-437e-8f63-f629a5b7d0aa

Powell stresses patience in pledge to keep monetary policy loose

https://www.ft.com/content/7ed63e7f-5389-42e8-beed-15b5d450c589

WHO recommends use of Oxford/AstraZeneca vaccine for all adults

https://www.ft.com/content/be33aa38-5eff-4069-b104-ba7bdb735c72

‘We expect Italy to do its homework’: Draghi and the EU recovery fund

https://www.ft.com/content/7c2007d9-6ce9-4895-ac5c-cd17e3bf69b2

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Twitter warns of slowing growth, investors tell Amazon to stop meddling in union vote, US-China investment flows Feb 10, 2021

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Twitter’s user growth fell short of expectations for the second quarter in a row, more than 70 investors call on Amazon to stop interfering with a unionisation effort, and Huawei asks a US court to overturn the Federal Communication Commission ruling that labels the telecoms company a security threat. Plus, the FT’s global China editor, James Kynge, explains how US-China investment continues despite political tension.

Twitter warns of slowing user growth as pandemic surge fades

https://www.ft.com/content/ff84e6c2-a937-4b88-bd8c-df8bcaa1ee7e

Huawei challenges its designation as a threat to US security

https://www.ft.com/content/b7c2294d-9207-4fae-8fed-d63a80c99618

Amazon must not interfere with US union effort, say investors

https://www.ft.com/content/c7f24fbb-bb4e-489e-8a30-37708700e816

US-China investment flows belie geopolitical tensions

https://www.ft.com/content/b3dcc262-a153-4624-bc1d-156179d6e914

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EU wants Big Tech to pay for news, Tesla’s bitcoin investment, SoftBank Vision Fund makes big gains Feb 09, 2021

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EU lawmakers want to force Big Tech companies to pay for news, echoing a similar move in Australia, Tesla’s $1.5bn investment in bitcoin sends the cryptocurrency to record highs, and oil hits $60 a barrel for the first time in a year. Plus, the FT’s Tokyo correspondent, Kana Inagaki, explains what drove SoftBank’s Vision Fund to have its best quarter in four years.

EU ready to follow Australia’s lead on making Big Tech pay for news

https://www.ft.com/content/4c40c890-afd3-40a3-9582-78a66c37a8af

Tesla sends bitcoin to record high with $1.5bn investment

https://www.ft.com/content/5e83f15e-ea2c-4d2f-8ae8-bf72fc5effd0

Oil hits $60 for first time in a year as supply cuts outweigh lockdowns

https://www.ft.com/content/3032d80d-89b0-4020-922e-f4fa15435b5d

SoftBank’s Vision Fund posts best quarter since launch in 2017

https://www.ft.com/content/c2f107a7-734d-450a-bf46-eb68a65ceaf4

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TikTok ecommerce push, Cuba invites private business, a new green world order Feb 08, 2021

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TikTok plans to expand into ecommerce in the US to compete with Facebook, Cuba has announced it will open most of the economy to private business, and Mercedes-Benz says by 2030 it will make as much from its electric cars as it does from its luxury combustion engine models. Plus, the FT’s environment and clean energy correspondent, Leslie Hook, looks at the global shift to renewable energy and how it could change the geopolitical landscape.

TikTok takes on Facebook with US ecommerce push

https://www.ft.com/content/629c1c17-3daa-46af-8177-1814baaa2bed?

Cuba lifts ban on most private business

https://www.ft.com/content/3956b50f-621a-4289-90c3-247a2762fae2

Mercedes’ electric profits to match those for combustion models by end of decade

https://www.ft.com/content/6021706c-4f00-4547-9082-20e1d1d2d540?

How the race for renewable energy is reshaping global politics

https://www.ft.com/content/a37d0ddf-8fb1-4b47-9fba-7ebde29fc510

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Carmakers’ chip woes, UK directors face liability rules, Japan’s job-creating robots Feb 05, 2021

Show notes

German carmakers are considering their own semiconductor stockpiles to avoid supply chain troubles, the UK government could soon hold directors personally liable for the accuracy of their companies’ financial statements, and CVC Capital Partners eyes a minority stake in one of the NBA’s most valuable teams. Plus, the FT’s Asia business editor, Leo Lewis, explains how robots in Japan are boosting employment.

Carmakers consider supply chain overhaul to avert more chip crises

www.ft.com/content/3ecd3ccd-18d1-45a0-afb6-84719bdadf52

UK directors face tough new liability rules under major audit reform

https://www.ft.com/content/d4dd13a9-903e-4ff7-9fc3-d30ffdf764be

Japan’s love of robots is paying off

https://www.ft.com/content/72268b41-9731-4ee9-a32d-a9b463e362c1

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Nvidia-Arm antitrust probes, Australia takes on Google, discount retailers thrive Feb 04, 2021

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The EU and the UK are set to open probes into Nvidia’s $40bn acquisition of chip designer Arm, Microsoft looks to capitalise on Google’s threat to shut its search engine in Australia, and Mario Draghi accepts the mandate to form Italy’s next government. Plus, the FT’s retail correspondent, Jonathan Eley, explains how bargain retail is surging during the pandemic.

UK and EU to open in-depth probes into Nvidia’s $40bn acquisition of Arm

www.ft.com/content/a3adccc9-678e-44ef-bdb5-e847ecb7de8c

Australia media law push undeterred by Google search exit threat

www.ft.com/content/5d656fa3-9278-4528-9edf-514ddfd29c1d?

Mario Draghi accepts mandate to form new Italian government

https://www.ft.com/content/9022639f-9b88-40fe-9875-1d4a282ac5e4

Bagging bargains: the unexpected rise of the discount megastore

https://www.ft.com/content/554984ba-c010-4956-9125-6a7fc6806295

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Bezos to step aside, Draghi set for Rome, Myanmar’s Aung San Suu Kyi house arrest Feb 03, 2021

Show notes

Amazon chief executive Jeff Bezos will step aside later this year to become executive chairman of the ecommerce group, Italy’s president is expected to ask former European Central Bank president, Mario Draghi, to begin talks to form a new Italian government of national unity, and the price of silver retreated on Tuesday after a surge last week. Plus, the FT’s John Reed, explains what the military coup in Myanmar means for the country.

Amazon’s Jeff Bezos to step aside as chief executive this year

https://www.ft.com/content/b100100e-48d9-4b06-86e0-ed81dd9eee92

Mario Draghi set to form new Italian government

https://www.ft.com/content/36a84f52-7287-4062-a150-24f58d9b053a

Silver price retreats rapidly in blow to new retail buyers

https://www.ft.com/content/77e6fef6-37ff-4f8e-abd6-4c2d65ac120c

Myanmar coup blindsides the West

https://www.ft.com/content/cee63a22-4796-48bb-bcc3-0e3c95114ee0

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US threatens Myanmar sanctions, Robinhood raises $2.4bn, Kuaishou’s IPO Feb 02, 2021

Show notes

Joe Biden has threatened to impose sanctions on Myanmar after the military seized power in a coup, and Robinhood raises another $2.4bn to shore up finances strained by turbulent trading. Plus, the FT’ Beijing bureau chief, Ryan McMorrow, explains the popularity of TikTok’s big rival in China, Kuaishou, which goes public this week.

US threatens sanctions on Myanmar after military coup

ft.com/content/1934605c-ecf1-4e7b-aac7-45ad8031b879?

Robinhood raises $2.4bn in second cash injection in four days

https://www.ft.com/content/790324e0-8526-4d9e-9717-a4430e1be034

Robinhood’s bid to ‘democratise trading’ checked by Wall Street realties

www.ft.com/content/9e69faf0-09c4-42ca-8c5f-78dc9568c18f

Kuaishou IPO boosts biggest rival to China’s TikTok’s

https://www.ft.com/content/2b7a8bec-7f01-45b8-ac9f-1fe3f1cbd1f4

Wheels Up set to go public via Spac merger

https://www.ft.com/content/ec08b822-e022-41d1-8252-0a04b2772031

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