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FT News Briefing

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May 3, 2021 • 10min

Epic Games vs Apple, Serbs worry about pollution from Chinese investment

The trial between Epic Games and Apple is set to kick off today, and the controversial Dakota Access Pipeline is back in federal court. Plus, the FT’s southeast Europe correspondent, Valerie Hopkins, explains the love-hate relationships that Serbians have with Chinese investment in their country. ‘Fortnite’ maker goes to war over ‘Apple tax’https://www.ft.com/content/293780f7-d2f8-4f3f-aa52-752c74e2d34dWhy some tribes want to keep a controversial US pipeline openhttps://www.ft.com/content/7950dc72-2cf9-4960-9d28-7109ab7d4b85Serbs fret over environmental costs of Chinese investmenthttps://www.ft.com/content/b6b7bce4-f970-4eb6-ab26-0fadc552d148 Hosted on Acast. See acast.com/privacy for more information.
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Apr 30, 2021 • 11min

Amazon caps big week of tech earnings, Bafin’s Binance probe

Amazon reported its second straight quarter of $100bn-plus sales, comfortably beating Wall Street’s targets, and the FT’s Elaine Moore looks at Apple’s results, which were boosted by iPhone sales. Also, the US government this summer will start sending monthly child allowances in an experimental effort to reduce child poverty. Plus, the FT’s markets editor explains how the big cryptocurrency exchange, Binance, landed itself in trouble with German regulators. Amazon reaps rewards of pandemic shift onlinehttps://www.ft.com/content/a2b05040-3164-46f3-8bd5-399e6214ea74Apple: supercharged iPhone sales signpost $3tn valuationhttps://www.ft.com/content/eee8bca7-e7fb-4506-a0e2-579fa707de81US embarks on first national child allowance experimenthttps://www.ft.com/content/cc2a0d8c-123e-4d36-b01a-55cd8a23a166Regulators to examine crypto exchange Binance’s foray into equitieshttps://www.ft.com/content/cfbd084f-a118-4090-8301-2e45eceac304 Hosted on Acast. See acast.com/privacy for more information.
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Apr 29, 2021 • 10min

Fed says no change to monetary policy, Credit Suisse’s new chair aims for turnround

The Federal Reserve upgraded its view of the US economic recovery, but kept interest rates close to zero, Brussels has insisted it is putting in place tough new processes to ensure the EU’s unprecedented recovery fund is not frittered away and global health expert Abraar Karan talks about the current surge in coronavirus cases in India. Plus, the FT’s banking editor, Stephen Morris, explains how Credit Suisse got itself into so much trouble and whether it can dig itself out.  Fed paints rosier picture of US economic recoveryhttps://www.ft.com/content/296ae4e6-5e4e-44fc-8636-67e2ad38eee4Brussels vows to apply tough rules to recovery spendinghttps://www.ft.com/content/1b345e2a-e442-42df-b9ae-4e0bfe68dcbe?Credit Suisse: plotting a comeback after ‘costly mistakes’ took it to the brinkhttps://www.ft.com/content/2cac83f5-9631-45ae-8080-586a6bc90d55 Hosted on Acast. See acast.com/privacy for more information.
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Apr 28, 2021 • 11min

Google’s big Q1, how to craft a New Deal for the young

Google reported record first quarter earnings, and stock market listings around the world are running at their fastest pace this year.  Plus, FT columnist Sarah O’Connor explains why millennials and Gen Z have been hit so hard by the pandemic, and what can be done to help them. Google ad boom sends profits to new recordhttps://www.ft.com/content/c686458c-e544-4c50-990d-954b91d955edGlobal IPOs run at fastest pace since 1995https://www.ft.com/content/857c1286-d35e-404a-ae7c-8d04b7508810‘We are drowning in insecurity’: young people and life after the pandemichttps://www.ft.com/content/77d586cc-4f3f-4701-a104-d09136c93d44All over the world, the economic cost of the pandemic has been borne disproportionately by the young. This week the FT is hosting a series of live panel debates in which FT writers make the case for specific policies that would make the economy work better for young people – covering housing, pensions, jobs, education and the environment. Join us and share your own policy ideas, comments and questions to be part of the conversationRegister free today at newdeal.live.ft.com. Hosted on Acast. See acast.com/privacy for more information.
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Apr 27, 2021 • 10min

US donates AstraZeneca vaccine doses, the rise of OnlyFans

The US will share up to 60m doses of AstraZeneca’s Covid-19 vaccine with other countries, and Total has declared force majeure on its multibillion-dollar LNG development in Mozambique. Plus, the FT’s consumer industries reporter, Patricia Nilsson, talks about the celebrity and sex worker subscription site, OnlyFans, which has exploded in popularity over the past year. This episode features the song “Savage” by Meghan Thee Stallion, featuring Beyoncé. The song is licensed to 300 Entertainment. US plans to share 60m doses of AstraZeneca’s Covid vaccine https://www.ft.com/content/db461dd7-b132-4f08-a94e-b23a6764bdb3Total declares force majeure on $20bn LNG project in Mozambiquehttps://www.ft.com/content/841a63a7-e89a-45c8-b6b3-22b50e59b14cOnlyFans feels the lockdown love as transactions hit £1.7bnhttps://www.ft.com/content/6d4562f8-166f-4a89-a3cb-db97123a6cf0Asahi shifts to no-alcohol beer after $20bn M&A splurge https://www.ft.com/content/abe2c9cb-c573-41bd-8ac1-42cf653fb3e5? Hosted on Acast. See acast.com/privacy for more information.
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Apr 26, 2021 • 11min

US offshore wind energy, the rise of Germany’s Green Party

Chinese companies have raised a record $11bn on the New York Stock Exchange and Nasdaq this year, vaccine makers have warned about the risks of giving up patent rights to their Covid-19 vaccines, the White House is expected to greenlight a wind power project off the Massachusetts coast. And Germany’s Green Party has a leader who symbolizes the image of a party that is riding a wave of popularity and could be swept into government this September.  China stock sales in US surge to record despite delisting threat Vaccine makers say IP waiver could hand technology to China and Russia US offshore wind projects test strength of Joe Biden’s green jobs promise Germany’s ‘muesli eaters’ show new hunger for power Hosted on Acast. See acast.com/privacy for more information.
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Apr 23, 2021 • 12min

The data invisibility of Asian Americans

Joe Biden plans to announce a set of tax increases on the wealthiest Americans, and there has been a rally in the price of lumber due to demand from the housing market. Plus, the FT’s data journalist, Christine Zhang, explains how statistics can fail Asian American communities.Biden prepares to announce string of tax rises for richest Americanshttps://www.ft.com/content/a43d966e-b7d9-4ee1-bb77-2a6561dfda12Lumber party: economic bounce fuels US wood price rallyhttps://www.ft.com/content/202dada4-b188-4112-9689-6fec2924efb0The data invisibility of Asian Americanshttps://www.ft.com/content/119b6ffb-bc5e-4632-bc0a-199be9cfb7e7 Hosted on Acast. See acast.com/privacy for more information.
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Apr 22, 2021 • 9min

US to propose big emissions cut by 2030, Huarong tests Beijing’s backing

US President Joe Biden is set to announce his country’s steepest ever emissions cuts, Russia plans to pull out of the International Space Station by 2025, and Turkey’s opposition is asking where US$128bn in foreign exchange reserves has gone. Plus, the FT’s Shanghai correspondent, Tom Hale, explains why the corruption at Huarong Asset Management is creating headaches for Beijing. US to propose emissions cut of up to 50% by end of decadehttps://www.ft.com/content/32f5e2cd-4689-4434-9da0-d97d46673eaf?Huarong debacle tests Beijing’s resolve to bail out state groupshttps://www.ft.com/content/2aabfd64-6527-442f-b6fb-36c3804dcfc7Russia to pull out of International Space Station in 2025https://www.ft.com/content/a1518565-e643-42ae-a650-02e9c3bdd657Turks chase missing billions in foreign exchange reserveshttps://www.ft.com/content/dee218ba-c102-4a2f-8042-e8c8601991cd? Hosted on Acast. See acast.com/privacy for more information.
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Apr 21, 2021 • 9min

Football clubs back out of Super League, Derek Chauvin found guilty in murder of George Floyd

A jury in Minneapolis found former police officer Derek Chauvin guilty on three charges in the killing of George Floyd, TikTok is accused of illegally collecting personal data on millions of children in the UK and Europe. Plus, the FT’s sports editor, Murad Ahmed, has the latest in the European football upheaval and the decision by leading English clubs to back out of plans for a new Super League. Leaked Super League plans reveal goal of US-style football financeshttps://www.ft.com/content/e80299a4-8012-447a-8512-c24e149304b1Defund the police: how a protest slogan triggered a policy debatehttps://www.ft.com/content/76a8080c-cca9-48cd-be81-891a75676adfTikTok sued on behalf of millions of European children over data concernshttps://www.ft.com/content/02bb235f-f6f3-42be-a921-bc2c86b86271? Hosted on Acast. See acast.com/privacy for more information.
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Apr 20, 2021 • 9min

Johnson & Johnson Covid vaccine could weigh on other programmes, Cuba’s future in a post-Castro era

The concerns that led to a halt in Johnson & Johnson’s Covid vaccine rollout could damage confidence in the company’s longer-term vaccines programme, and Apple will allow the social media app Parler to return to its app store. Plus, Miguel Diaz-Canel has been confirmed as the new head of Cuba’s Communist party. The FT’s Latin America editor, Michael Stott, discusses the island’s future in the post-Castro era. Johnson & Johnson’s Covid setback risks damaging its vaccine programmehttps://www.ft.com/content/0d085dde-cc02-4bad-8bbb-e2ad498e1ebf?Apple says Parler can return to App Storehttps://www.ft.com/content/98c83613-18e9-427d-b41c-76176dcedf94?Exit of Cuba’s last Castro brings curtain down on revolutionary erahttps://www.ft.com/content/ac9e2bb1-2830-400e-921d-470f1f6f45e8?UK regulator gives green light to delivery drone trials https://www.ft.com/content/66487d88-a6b3-4e46-9b8a-00e38e93d3af? Hosted on Acast. See acast.com/privacy for more information.

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