FT News Briefing - Financial Times

Latest Episodes:

Remdesivir and Covid-19 deaths, Johnson set to force no deal, suburbanites in US election Oct 16, 2020

Show notes

The World Health Organization has found the Covid-19 treatment remdesivir does little to prevent deaths and Boris Johnson could push Brexit talks into crisis on Friday. Plus, the FT’s Washington bureau chief Demetri Sevastopulo explains why suburban women might be the key to victory when it comes to the US presidential election.

Remdesivir has little effect on Covid-19 mortality, WHO study says

https://www.ft.com/content/ee9b611f-2b4b-4572-afe1-b0b804d17a94

Summit ‘atmospherics not good’ as Brussels seen as dragging its feet on trade deal

https://www.ft.com/content/252d3ea4-0ddf-498b-b993-59c13b0de004

Hosted on Acast. See acast.com/privacy for more information.

Investors unimpressed by US bank earnings, Paris and The Hague team up on EU tech, Amazon logistics Oct 15, 2020

Show notes

France and the Netherlands jointly issued a call for the bloc’s competition authorities to take pre-emptive measures against big tech companies, and investors have been unimpressed by recent US bank earnings despite lower loan loss provisions. Plus, the FT’s Dave Lee explains whether Amazon will be able to handle the logistical hurdles thrown its way this holiday season.

Falling interest rates drag on Bank of America and Wells Fargo profits

https://www.ft.com/content/8b8a4bec-6d28-462e-a18f-73b4856e1fc7

Amazon braces for winter of demand with relentless expansion

https://www.ft.com/content/9cd8038e-b38c-40d6-b2db-8f6e01cd166a?

France and Netherlands join forces to back EU move against tech giants

ft.com/content/4a9ed79e-c8c8-4b47-8055-1cd029541c32

Hosted on Acast. See acast.com/privacy for more information.

WTO Boeing-Airbus ruling, IMF’s warning, short-sellers target pandemic winners Oct 14, 2020

Show notes

The EU has been given the green light to hit almost $4bn of US goods with punitive tariffs in retaliation for illegal state aid to Boeing, and the IMF said the coronavirus crisis will wreak “lasting damage” on people’s living standards across the world. Plus, some hedge funds are betting that the best days for the stock market’s coronavirus winners are in the past.

EU given green light to hit US with tariffs in Airbus-Boeing ruling

https://www.ft.com/content/3198d2ef-c3bb-44b9-a1e0-b27d9c1483de

Pandemic will cause ‘lasting damage’ to living standards, IMF warns

https://www.ft.com/content/8b286455-d9ed-42a9-b933-5a1d3f4f08b2

Hedge fund short sellers target pandemic winners

ft.com/content/0a14e904-5fac-41bd-a9b4-a8a588db15c5?

Apple enters the 5G market with new line of iPhones

https://www.ft.com/content/eac7ed4b-5fb4-4f0e-944d-f5f61300bd12

Hosted on Acast. See acast.com/privacy for more information.

US equities taking election polling to heart, US banks kick off earnings season, UK lockdowns Oct 13, 2020

Show notes

US stocks built on last week’s rally with investors assessing US presidential election polls that show a strong lead for former vice-president Joe Biden, and unemployment looks set to hit the UK’s youth the hardest with the country’s economy facing a sharp slowdown. Plus, the FT’s US finance editor, Rob Armstrong, explains why US banks might suddenly be hoping for a Democratic wave and what their most recent earnings could look like.

Wall Street rallies as angst over contested US election wanes

https://www.ft.com/content/1dcbbed2-6d9e-4898-98bf-00e98a19eb5b

Five things to watch in US bank earnings season

https://www.ft.com/content/2604ab01-c562-4601-a8d6-921825a9e4ae

UK’s youth count the cost of the Covid pandemic

ft.com/content/1220ba66-de09-4507-8616-ef112cd2c109?

Samuel Brittan, economics editor, 1933-2020

https://www.ft.com/content/b763bf06-3fc2-4e95-9fe6-a17acf3d8f3b

Hosted on Acast. See acast.com/privacy for more information.

EU targets Big Tech with ‘hit list’, EM countries call for ambitious debt relief, EU countries on Brexit progress Oct 12, 2020

Show notes

EU regulators are drawing up a “hit list” of up to 20 large internet companies that will be subject to new and far more stringent rules, and government ministers of poor and indebted nations plead for more ambitious debt relief programmes. Plus, FT’s Brexit editor David Bond speaks with Sam Fleming and Victor Mallet about how European countries are viewing the progress of Brexit talks.

EU targets Big Tech with ‘hit list’ facing tougher rules

ft.com/content/c8c5d5dc-cb99-4b1f-a8dd-5957b57a7783?

Emerging economies plead for more ambitious debt relief programmes

ft.com/content/edb18d34-844b-43b5-a78a-fec73f1d0583?

Hosted on Acast. See acast.com/privacy for more information.

A new cold war, whiskey in days Oct 09, 2020

Show notes

Tensions between Washington and Beijing reflect a shift in how America views Asia’s superpower. We'll look at how both Joe Biden and Donald Trump are handling China in the presidential campaign. Plus, why a Silicon Valley start-up has decided to disrupt whiskey.

How the US elite became hawks on Xi’s China

https://www.ft.com/content/75ce186e-41f7-4a9c-bff9-0f502c81e456

Silicon Valley start-up launches ‘Nespresso machine’ for whisky

https://www.ft.com/content/3926e3bf-352b-4c47-8acb-d9b47dfa11cb

Hosted on Acast. See acast.com/privacy for more information.

Lilly Covid drug, Vatican derivatives, UK mining corruption probe Oct 08, 2020

Show notes

Eli Lilly, a US drugmaker, has applied for an emergency authorisation of its Covid-19 antibody in the US. According to documents seen by the Financial Times, the Vatican invested donations for the needy in derivatives that bet on the creditworthiness of Hertz. And the FBI picks up the case of two men found dead in a hotel room in Missouri; British prosecutors had seen the men as potential witnesses in a corruption probe into the multibillion-dollar mining house, Eurasian Natural Resources Corporation.

Lilly seeks emergency approval for Covid drug

https://www.ft.com/content/dc7d2abf-1cd2-40db-b040-27b3d9031e8b

Vatican used charity funds to buy Hertz credit derivatives

https://www.ft.com/content/f966e8b4-945a-45d0-8391-a305b3d8f7f5

Silent witnesses: what do three corpses have to do with a corruption case?

https://www.ft.com/content/7dc13ec9-721c-41a7-8423-daeb9a743e9a

Hosted on Acast. See acast.com/privacy for more information.

US stimulus talks end, Macy’s buys stake in Swedish fintech Oct 07, 2020

Show notes

Donald Trump abruptly broke off talks with congressional Democrats on a new fiscal stimulus package until after next month’s presidential election, and economists estimate the coronavirus pandemic has put millions more workers across the developed world out of jobs than official unemployment statistics suggest. Plus, why US department store chain Macy’s is set to take a stake in Europe’s highest valued private fintech.

Trump calls off stimulus talks

https://www.ft.com/content/9f130c9c-fb1e-4d05-8864-1c8ac08c54bb

Hidden joblessness threatens economic recovery in US and Europe

https://www.ft.com/content/ec3d88dc-0dc1-4f6e-adf7-37e8f4316a22

Macy’s takes stake in Klarna as part of payment partnership

https://www.ft.com/content/c2a26072-8c45-4ce3-9249-bd5b856bbe1c

Hosted on Acast. See acast.com/privacy for more information.

Trump returns to White House, a fight over lithium batteries Oct 06, 2020

Show notes

Donald Trump returned to the White House on Monday evening after three days of hospital treatment for coronavirus, although his doctor warned that the president was not yet “out of the woods”. Plus, the IMF is instructing rich countries to spend on infrastructure, and a court case over trade secrets between two South Korean companies could affect the future of electric cars in the United States.

Donald Trump returns to White House after three days in hospital

https://www.ft.com/content/4909a63c-8f7d-4621-9fba-73b5dac2ee5c

IMF calls on rich nations to boost public investment

https://www.ft.com/content/fc7ad858-0fdd-401e-bce5-796a8353ba30

Stakes are high in bitter battle over battery secrets

https://www.ft.com/content/98678ea4-7eba-4873-8815-47b0efe7c9df

Hosted on Acast. See acast.com/privacy for more information.

Trump’s Covid-19 case prompts questions, financial services in a post-Brexit world Oct 05, 2020

Show notes

Donald Trump’s doctors said the president could be discharged from hospital today, after a weekend of mixed messages from the White House concerning Mr Trump’s health. Plus, the FT’s Brexit editor, David Bond, talks with the FT trading room editor Philip Stafford about what financial services will look like after Brexit.

Trump’s doctor says he could be out of hospital on Monday

https://www.ft.com/content/f331c9b9-6f2b-4cd5-831c-00cc10929940

Brexit and the City: Brussels’ new battle to rival London in finance

https://www.ft.com/content/dd7e6828-f603-47bf-bdd7-61e9dcb5f9ac

Brussels’ next financial policy chief warns of Brexit frictions

https://www.ft.com/content/d80ccc42-9156-4f9f-a103-6a8faa33014b

Hosted on Acast. See acast.com/privacy for more information.