FT News Briefing Wednesday, March 20
Mar 20, 2019
EU leaders warn the UK that Brexit delays are not guaranteed. Google revamps its search results in Europe to dodge antitrust issues. Exciting US-China trade talks are on the horizon. FedEx reveals struggles amid a weakening global economy. Additionally, tensions rise as Tesla's Elon Musk faces the US Securities and Exchange Commission in a notable legal battle. This discussion digs into critical issues that could impact international relations and market dynamics.
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EU Frustration with Brexit Delay
- EU leaders are hesitant to grant the UK a Brexit delay.
- They worry about the UK's unresolved crisis affecting EU decision-making.
UK Cabinet Divided on Brexit Delay
- Theresa May's cabinet is divided on the length of the Brexit delay.
- Her allies suggest she prefers a short delay until June 30th to pass her deal.
Google Overhauls Search in Europe
- Google is changing search results and Android settings to avoid further EU antitrust probes.
- They've already paid €7 billion in fines from two previous investigations.