FT News Briefing Monday, November 25
Nov 25, 2019
Pro-democracy candidates achieve a stunning victory in Hong Kong’s local elections, fueled by record voter turnout. Over in the UK, Boris Johnson unveils a bold Conservative manifesto focused on immigration and healthcare reforms. Meanwhile, Michael Bloomberg officially enters the U.S. presidential race, raising questions about his impact on the media landscape. In the luxury market, LVMH's $16.7 billion acquisition of Tiffany & Co. is set to reshape the brand's future, highlighting the evolving consumer preferences in today's economy.
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Hong Kong Election Results
- Pro-democracy candidates won a majority in Hong Kong's local council elections.
- This election saw record voter turnout amid ongoing protests.
UK Conservative Manifesto
- UK Prime Minister Boris Johnson launched the Conservative party's election manifesto.
- The manifesto includes a post-Brexit vision, new immigration system, and healthcare promises.
Bloomberg Launches Campaign
- Michael Bloomberg officially announced his 2020 US presidential campaign.
- Bloomberg News will not investigate him or his Democratic rivals.