FT News Briefing - Financial Times

Latest Episodes:

Trump tests positive for Covid-19, EU sues UK over internal market bill, Trump & Biden compete over Ohio Oct 02, 2020

Show notes

Donald Trump and his wife Melania have tested positive for Covid-19 and will start quarantine barely a month before the US presidential election,US personal income dropped by 2.7 per cent in August after the lapse of emergency unemployment benefits, and Brussels is suing the UK over plans to violate last year’s Brexit withdrawal agreement. Plus, the FT’s Washington bureau chief Demetri Sevastopulo explains why Ohio might be the key to the US presidential election.

US personal income falls after lapse of Covid benefits

https://www.ft.com/content/314c74e3-984c-4bde-bb03-8a05622be305

Brussels launches legal action against UK over Brexit deal breach

https://www.ft.com/content/8389cc9c-3ced-47f1-a85e-710ad20468a2

The battle for Ohio: Trump tries to retain edge with working class

https://www.ft.com/content/8d3e2e6f-3f40-4d1c-905f-b2dd416d055d

Biden vs Trump: who is leading the 2020 US election polls?

https://ig.ft.com/us-election-2020/

Playboy returns to public markets through Spac deal

https://www.ft.com/content/d79065d3-b6d4-4991-9033-d48dcc383c68

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

Moderna CEO: no vaccine before US election, digitising Japan’s economy, west’s gold investment Oct 01, 2020

Show notes

Moderna Therapeutics’s chief executive told the Financial Times that the company would not have a vaccine ready before the US election, and Japan adjusts for a digital economy. Plus, the FT’s metals and mining correspondent, Henry Sanderson, explains how western investors’ interest in gold is driving up its price.

Moderna chief says its vaccine won’t be ready before US election

https://www.ft.com/content/9b242ecc-3dce-4534-9171-cdf624468a2a

Japan’s digital leap forward — and about time too

https://www.ft.com/content/5b8c7ee3-2981-4446-92af-6a8499302210

The new gold rush: western investors offset soft eastern demand

https://www.ft.com/content/8a53dbaf-8210-4c60-8753-e3018fa1b1e1

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

US presidential debate recap, EY’s Wirecard warning, JPMorgan spoofing settlement Sep 30, 2020

Show notes

The first presidential debate quickly turned chaotic, and JPMorgan Chase will have to pay $920m in the largest ever spoofing settlement. Plus, the FT’s Olaf Storbeck uncovers that EY was made aware of potential wrongdoing at Wirecard as far back as 2016.

Joe Biden and Donald Trump clash in ill-mannered presidential debate

https://www.ft.com/content/c77fa4ff-3278-4258-9033-8b62adcdbba5

EY whistleblower warned of Wirecard fraud four years before collapse

ft.com/content/3b9afceb-eaeb-4dc6-8a5e-b9bc0b16959d?

JPMorgan to pay $920m in largest-ever spoofing settlement

https://www.ft.com/content/f2c918c2-2659-4513-8851-cc40379d4840

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

Monday’s global equity market rebound, US voter suppression, 60/40 portfolio Sep 29, 2020

Show notes

European stocks lead a global rally on Monday driven by investors scooping up shares in beaten-down sectors, and Donald Trump is beating back allegations of tax avoidance and voter suppression ahead of tonight’s US presidential debate. Plus, the FT’s Michael MacKenzie will explain why investors are rethinking the traditional 60/40 portfolio.

Financials lead global equity market rebound

https://www.ft.com/content/f189b5b1-1e08-4ff1-9994-f1c89d9c1a79

Biden portrays Trump as tax dodger after new revelations

https://www.ft.com/content/68c6f5a0-2080-4f60-8dec-9043a590c838

Investors wonder if the 60/40 portfolio has a future

https://www.ft.com/content/fdb793a4-712e-477f-9a81-7f67aefda21a

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

Argentina bonds back in hot water, Swiss immigration vote, Scottish independence Sep 28, 2020

Show notes

Argentina’s newly restructured dollar bonds have slumped in value less than a month after a deal was finalised to postpone debt payments, and Swiss voters have defeated a nationalist initiative to tear up their free-movement agreement with Brussels. Plus, the FT’s Mure Dickie explains how Scotland’s push for independence is influencing Brexit talks.

Argentina bonds ‘back in hot water’ just weeks after restructuring deal

ft.com/content/fd786d9b-18b4-4ed3-a531-6af3d2eb5c24?

Nicola Sturgeon revives plans for second Scottish independence vote https://www.ft.com/content/0f0ecf40-f30a-482e-9902-d74276bdc43f

Swiss voters reject nationalist proposal to curb immigration

ft.com/content/5a642ce6-1a76-460c-9857-b880b0fb7bc0

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

US Supreme Court nomination, Trump will not commit to a peaceful transition of power Sep 25, 2020

Show notes

The FT’s DC bureau chief Demetri Sevastopulo explains the politics behind Donald Trump’s soon to be revealed Supreme Court justice nominee. Plus, why Donald Trump will not commit to a peaceful transition of power and a preview of next week’s first presidential debate between Trump and Democratic nominee Joe Biden

How Trump’s Supreme Court pick could reshape law on abortion and guns

https://www.ft.com/content/de654768-67f5-482d-893b-24107b45113b

Donald Trump steps up fight over Supreme Court nominee

https://www.ft.com/content/a08b21d4-3745-4aa2-83de-04a06013d026

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

EU to crack down on sweetheart corporate tax deals, TikTok injunction, Turkey central bank Sep 24, 2020

Show notes

Brussels steps up its campaign against sweetheart corporate tax deals in the EU, TikTok has asked a federal judge to prevent the Trump administration from blocking downloads of the video-sharing app, and the pandemic caused workers around the globe to lose more than $3.5tn of income. Plus, Turkey’s lira is struggling despite the government’s best efforts to lift the currency. The FT’s Laura Pitel explains if the country’s central bank can do anything about it.

Brussels ready to clamp down on sweetheart corporate tax deals

ft.com/content/7c156756-57a1-4554-af78-d795a41d13f9?edit=true

TikTok requests injunction against ban deadline

https://www.ft.com/content/e8c5cb67-f16b-4790-8617-f142f4dc013a

Pandemic knocks a tenth off incomes of workers worldwide

https://www.ft.com/content/fabd4737-fa29-45ca-ad62-1b04c71d7b6a

Lira sinks even as Turkey spends billions of dollars to prop it up

https://www.ft.com/content/737b5d1a-64d0-4e2d-8ca1-e7bcd4ff4487

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

Advertisers call truce with Facebook, coronavirus job toll, BoE on negative rates in near future Sep 23, 2020

Show notes

Facebook, YouTube and Twitter have reached a deal with big advertisers on harmful content, the Covid-19 pandemic will destroy at least 100m jobs worldwide this year and the Bank of England rules out negative interest rates in the near future. Plus, the FT’s Brussels bureau chief, Sam Fleming, explains how the European Union is preparing its financial centers once the UK leaves the bloc.

Advertisers strike deal with Facebook and YouTube on harmful content

ft.com/content/d7957f86-760b-468b-88ec-aead6a558902?

Andrew Bailey rules out UK negative rates in near future

https://www.ft.com/content/ecc4a23d-f175-41e9-8f07-852dbe03d062

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

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

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

Stocks dive on Monday, Tiffany gets speedy trial, Tesla’s annual stockholder meeting Sep 22, 2020

Show notes

Global stocks suffered a heavy hit on Monday in a rush of nerves about potential new Covid-19 lockdowns, and LVMH’s attempt to walk away from its $16.6bn takeover of Tiffany will go to trial in January. Plus, the FT’s Richard Waters will explain what is in store for Tesla’s Battery Day today and whether the car company can fight off the competition.

Global stocks sink on fears of new Covid lockdowns

https://www.ft.com/content/7da536fa-1e96-461c-8172-4aa6c5a8fa8e

Tiffany gets speedy trial over LVMH’s bid to ditch takeover deal

ft.com/content/e7b7f86b-28c7-4cec-a282-7e8dee63e425?

Beyond the market hype: Tesla tries to expand its lead in batteries

https://www.ft.com/content/2e5731a1-c7ac-4f3e-ba0a-d9bae5b7fa67

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

UK weighs new lockdown, ECB measures bond buying program, Trump on Chinese tech Sep 21, 2020

Show notes

Rishi Sunak is set to extend the Treasury’s UK-wide programme of business support loans ahead of what’s expected to be a challenging winter for Covid-19, the European Central Bank has launched a sweeping review of its main pandemic crisis-fighting tool, and Donald Trump has said that the new Oracle-ByteDance partnership will finance a “patriotic” education fund. Plus, the FT’s US energy editor Derek Brower will explain whether the poisoning of Russian activist Alexei Navalny will affect the completion of the Nord Stream 2 pipeline.

Sunak to extend business support loans as Covid-19 spread worsens ft.com/content/dfdff1fd-503a-4231-812f-40be4cc4c2b7?

ECB to review flagship bond-buying tool in fighting Covid crisis

https://www.ft.com/content/8ff55eff-ed3a-49db-b26a-2f49fa7822d4

Doubts surround ‘education fund’ at heart of US TikTok deal

https://www.ft.com/content/4a9bb9aa-45e3-43b2-9759-3313751ffc8b

EU gas groups exposed as pipeline politics threaten Nord Stream 2

https://www.ft.com/content/2c713b40-ae7f-47a7-b050-e91ca0879c8f

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