FT News Briefing Tuesday, May 28
May 28, 2019
The Brexit Party's triumph in European elections intensifies the pressure for the UK to exit the EU without a deal. Aviva's restructuring plans indicate significant shifts in the UK business landscape. Disney's live-action 'Aladdin' dominates the US box office during the holiday weekend. Additionally, discussions on digital therapeutics reveal how tech companies are leveraging insights into human behavior to aid opioid addiction recovery, sparking debates on privacy and security in mental health technology.
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Brexit Party Win
- The Brexit Party's win in the European Parliament elections has intensified pressure on the UK's Conservative Party.
- This win has sparked internal conflict over a no-deal Brexit.
Disney's Box Office Success
- Disney's live-action "Aladdin" topped the US box office, adding to Disney's successful streak this year.
- This success comes as Disney prepares to compete with streaming giants like Netflix.
Aviva Restructure
- Aviva's new CEO plans to restructure the UK business, potentially splitting it into life and non-life insurance divisions.
- This move aims to simplify the group, reversing a previous merger.