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FT News Briefing

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Mar 19, 2021 • 11min

EU countries to restart AstraZeneca use, Biden's hardline on China, airline lift-off

Europe’s biggest countries are set to resume using the Oxford/AstraZeneca coronavirus vaccine after the EU drugs regulator said the jab was safe, and the US is taking a tough stance as members from the Biden administration meet with Chinese officials in Alaska. Plus, the FT’s markets editor, Katie Martin, explains why investors are reboarding airline stocks. EU drugs regulator backs ‘safe and effective’ AstraZeneca vaccinehttps://www.ft.com/content/c83944d5-ad26-415f-bf34-1eba428beeb9US signals tough stance ahead of first meeting with Chinahttps://www.ft.com/content/b8af8a5b-591d-4721-8a6c-4da5481f3348?Airlines tap stock and bond markets as they prepare for surge in bookingshttps://www.ft.com/content/2a4d69a9-3f3d-4e0e-8e82-6794bca1888a Hosted on Acast. See acast.com/privacy for more information.
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Mar 18, 2021 • 9min

Fed upgrades growth forecast, how Stripe became Silicon Valley’s most valuable company

Federal Reserve officials sharply upgraded their growth forecasts for the world’s largest economy, and Microsoft is investigating a recent cyber attack and whether security companies that it works with leaked details about vulnerabilities in its software. Plus, the FT’s global tech correspondent, Tim Bradshaw, explains how Stripe became Silicon Valley’s most valuable private company. Fed sharply upgrades US growth forecast to 6.5% for 2021https://www.ft.com/content/3d7704d3-a312-4294-95bc-90233f469ccdMicrosoft investigating security groups for leaks to hackershttps://www.ft.com/content/171e9ea6-96d7-4ffa-ad9f-6ed6a7ddb118?How Stripe became Silicon Valley’s most prized assethttps://www.ft.com/content/9bfda026-df9d-42e4-8679-c26a072e0522 Hosted on Acast. See acast.com/privacy for more information.
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Mar 17, 2021 • 10min

EU to propose Covid-19 travel certificate, EU and US drift apart economically

Brussels is to propose the creation of a Covid-19 certificate to allow EU citizens to travel inside the bloc, and the UK’s Financial Conduct Authority is bringing money laundering charges against NatWest. Plus, the FT’s Frankfurt bureau chief, Martin Arnold, explains how the economies of the US and EU are drifting apart. Brussels to propose Covid certificate to allow EU-wide travelhttps://www.ft.com/content/ed6e9de4-f48e-4d74-97d1-ee80ab8f1a2fFCA brings money laundering charges against NatWesthttps://www.ft.com/content/df2aea12-265e-4a71-aead-bef65eb78ec7Mind the economic gap: Europe and the US are drifting further aparthttps://www.ft.com/content/0e9396cf-13b2-4034-ab09-c2366c264f91 Hosted on Acast. See acast.com/privacy for more information.
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Mar 16, 2021 • 9min

China’s tech giants test way around Apple’s new privacy rules, US airline CEO optimism

US airlines are optimistic about the industry after more people flew in the US this past weekend than any time since the start of the pandemic, and companies are turning to tree planting to appeal to eco-conscious consumers. Plus, the FT’s Patrick McGee explains why some of China’s biggest technology companies  are testing a tool to bypass Apple’s new privacy rules.  China’s tech giants test way around Apple’s new privacy ruleshttps://www.ft.com/content/520ccdae-202f-45f9-a516-5cbe08361c34US airline chiefs express optimism after busy spring travel weekendhttps://www.ft.com/content/08f16182-a8ef-495a-a249-90b68f096e36Saplings fly off the shelves as consumer brands turn greenhttps://www.ft.com/content/522e9f1e-711d-40c0-b265-2998c9194fd3? Hosted on Acast. See acast.com/privacy for more information.
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Mar 15, 2021 • 10min

Stripe valuation soars to $95bn, businesses in the pandemic, private data use in the pandemic

The payments provider, Stripe, is now worth $95bn after its latest round of fundraising, and more than 4.4m Americans have created businesses during the pandemic. Plus, the FT’s innovation editor, John Thornhill, gives highlights from the latest episode of his Tech Tonic podcast, which looks at two countries where citizens have been comfortable with how their government used some of their private data during the pandemic. Stripe valuation soars to $95bn after latest fundraisinghttps://www.ft.com/content/b9949a88-6c09-4de5-92e7-73994bb2b62fThe Covid entrepreneurs: Americans start millions of new businesseshttps://www.ft.com/content/400ae372-0cb2-48bb-8767-7986848ed9a6 Hosted on Acast. See acast.com/privacy for more information.
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Mar 12, 2021 • 11min

Australia vaccine funding, Sinopharm’s global push, ECB accelerates stimulus

Canberra is contemplating investing in a A$1bn biopharmaceutical plant to reduce its dependence on imports of critical medicines, China’s state-backed pharmaceutical group, Sinopharm, wants more governments to buy its Covid-19 vaccine, and Spain is set to become the first EU country to amend its laws to give some gig economy workers employee rights. Plus, the FT’s markets editor, Katie Martin, explains why the European Central Bank will accelerate its bond buying programme.  Australia considers funding vaccine maker to curb reliance on importshttps://www.ft.com/content/483e6275-6d27-433c-9cbc-6918f2c916c6?edit=trueSpain to grant gig delivery workers employee rightshttps://www.ft.com/content/73be294b-a43d-4387-aced-7b5cb0d91007?Sinopharm faces battle to turn Covid vaccine into a global successhttps://www.ft.com/content/99c7a9de-fc11-45ab-890b-f6733ccb4186ECB pledges to step up pace of stimulus to counter market sell-offhttps://www.ft.com/content/bd7ccf1d-3b07-4f13-9a14-68692ef84e95Rise of the retail army: the amateur traders transforming marketshttps://www.ft.com/content/7a91e3ea-b9ec-4611-9a03-a8dd3b8bddb5 Hosted on Acast. See acast.com/privacy for more information.
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Mar 11, 2021 • 10min

Martin Wolf looks back at the pandemic one year later

President Joe Biden is eyeing a multi-trillion-dollar infrastructure package for the US. Plus, the FT’s chief economics commentator, Martin Wolf, examines how well governments and economic policymakers have handled the economic crisis stemming from the coronavirus pandemic.  Hosted on Acast. See acast.com/privacy for more information.
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Mar 10, 2021 • 10min

US congress to vote on $1.9tn stimulus bill, scaling up green hydrogen, Coupang’s IPO

The OECD said on Tuesday that president Joe Biden’s $1.9tn US stimulus programme will boost the global economic recovery, the pandemic is being blamed for lower birth rates across Europe, and the IPO of South Korean ecommerce group, Coupang, is being clouded by worker deaths. Plus, the FT’s energy correspondent, Nathalie Thomas, explains the current surge of interest in green hydrogen as an alternative to fossil fuels. Biden stimulus will boost global recovery, says OECDhttps://www.ft.com/content/7f7d4b7d-028a-41a6-b11e-8320173ae4bcCovid pandemic blamed for falling birth rates across much of Europehttps://www.ft.com/content/bc825399-345c-47b8-82e7-6473a1c9a861?Coupang’s New York listing clouded by worker deathshttps://www.ft.com/content/a90749a2-5f5d-4789-8215-fd4168a50813The race to scale up green hydrogenhttps://www.ft.com/content/7eac54ee-f1d1-4ebc-9573-b52f87d00240Curaleaf bets on more liberal Europe with $300m deal for cannabis producer https://www.ft.com/content/8dffd932-0ecb-444f-9cc0-079466c7b997? Hosted on Acast. See acast.com/privacy for more information.
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Mar 9, 2021 • 11min

Tech stocks drag Wall Street lower, Greensill files for administration, Apollo merges with Athene

Stocks declined on Monday with shares of technology companies leading Wall Street lower, and the stricken supply chain financier, Greensill Capital, files for administration. Plus, the FT’s private capital correspondent, Mark Vandevelde, breaks down the $29bn merger between Apollo Global Capital and Athene Holding. Wall Street dragged lower by tech stocks and pandemic beneficiarieshttps://www.ft.com/content/e4420f17-c0ac-4cd4-807d-4549f5de9bfa?Apollo to merge with Athene creating $29bn conglomeratehttps://www.ft.com/content/e9ba5f23-9777-4730-a59b-d0c4d1fb510cGreensill files for administration and warns of GFG ‘defaults’https://www.ft.com/content/db5bc46a-57cc-4c7d-a6fe-47f5a59412d4 Hosted on Acast. See acast.com/privacy for more information.
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Mar 8, 2021 • 10min

ECB probes Greensill fallout, commercial property muddles through, TikTok in Myanmar

The European Central Bank has asked lenders for details of their exposure to Greensill Capital and its key client GFG Alliance, US president Joe Biden will hold a summit with Japan, India, and Australia to find ways to counter China’s influence, and TikTok is removing videos uploaded by Myanmar soldiers. Plus, the FT’s New York correspondent, Josh Chaffin, explains why lenders have been lenient towards commercial property owners during the pandemic. ECB quizzes banks over exposure to Greensill and Guptahttps://www.ft.com/content/68ea9df2-aa69-4a0b-9462-d3ed6491cee6?Joe Biden enlists ‘Quad’ allies to counter Chinahttps://www.ft.com/content/a481167f-c362-4bd9-a9e9-7fd5944e5ea4TikTok on alert after it becomes outlet for Myanmar soldiershttps://www.ft.com/content/73847311-2aec-4555-ada0-56833da6bdf4Property and the pandemic: the great reckoning that never seems to arrivehttps://www.ft.com/content/084f94e8-84a8-4966-a38b-fcb0b5e6171e Hosted on Acast. See acast.com/privacy for more information.

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