
FT News Briefing Biden-Putin spar over Ukraine
Dec 8, 2021
Tensions rise as the U.S. and Russia engage in a heated exchange over Ukraine, with Biden issuing stark warnings to Putin. China’s impending regulations threaten the flow of foreign capital to tech companies. Meanwhile, Elliott Management flexes its muscles in corporate activism, successfully pushing for changes in board strategies while navigating challenges. This blend of geopolitical maneuvering and corporate power play highlights the intricate dance of global politics and business influences.
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China's Tech Crackdown
- China plans to restrict tech startups from using VIEs, a key financial tool.
- This blacklist could target data-heavy sectors and national security concerns.
Biden-Putin Spar Over Ukraine
- Biden warned Putin about strong economic measures if Russia invades Ukraine.
- Putin wants security guarantees regarding NATO expansion and weapons systems.
Elliott Management's Activism
- Elliott Management, an activist hedge fund, criticized SSE's clean energy plan.
- Elliott, known for aggressive tactics, has targeted Twitter, Toshiba, and SoftBank.
