FT News Briefing Friday, April 12
Apr 12, 2019
The US presents its case against Julian Assange, igniting debates on press freedom and transparency. Uber gears up for its IPO, with stakeholders keenly evaluating its market valuation. Meanwhile, trade talks between the EU and US gain traction, despite some resistance from France. As major Wall Street banks prepare to release first-quarter results, insights into their performance could reveal the broader economic landscape. Stay tuned for key financial indicators that might shape investor confidence.
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Assange Arrest
- Julian Assange's arrest follows Ecuador's withdrawal of diplomatic protection.
- The U.S. seeks Assange's extradition for allegedly aiding Chelsea Manning in leaking classified documents.
Uber IPO
- Uber aims to raise $10 billion in its upcoming IPO, targeting a $90-100 billion valuation.
- The company plans to list on the New York Stock Exchange on May 10th after an investor roadshow.
EU-US Trade Talks
- Most EU governments support opening trade talks with the U.S., despite French opposition.
- France's protest stems from President Trump's rejection of climate change efforts, while other countries prioritize avoiding a trade war.