Federal Reserve chair Jay Powell triggered a sudden sell-off in long-term US Treasury debt and equities Thursday, and Opec and Russia have decided against unleashing a flood of crude on to the market. Plus, the FT’s markets editor, Katie Martin, explains how the UK is going about attracting new companies to the London stock exchange. Powell inflation comments send US stocks and bonds lower https://www.ft.com/content/1feb5449-76f0-4f67-85b2-ab03f05d5a65Oil jumps as Opec and allies decide against big rise in outputhttps://www.ft.com/content/771ebf3a-cff0-4ff3-ab9a-0bbd01a33f55UK looks at new rules to attract companies to London stock exchange https://www.ft.com/content/a9e9de26-7f44-41e1-9dd6-3721a52c7d9c Hosted on Acast. See acast.com/privacy for more information.

Democratic leaders have reached a compromise on a deal that would limit who is eligible for $1,400 stimulus cheques. Plus, the FT’s capital markets correspondent Robert Smith unpacks the rapidly unfolding saga behind Greensill Capital and why the supply chain financier is on the verge of filing for insolvency. Hosted on Acast. See acast.com/privacy for more information.

President Joe Biden announced on Tuesday that the US would have enough doses of coronavirus vaccines for every adult by the end of May, global energy-related carbon emissions have rebounded from coronavirus lockdown levels, and Ant Group has shared just a fraction of its consumer data with China’s central bank, defying Beijing. Plus, the FT’s Berlin bureau chief, Guy Chazan, explains why Germany’s vaccine rollout has gone slower than expected.  Biden says US will have enough jabs to vaccinate all adults by end of Mayhttps://www.ft.com/content/89442c1b-8295-4682-9f09-c040b9017882?Global carbon emissions rebound to pre-lockdown levelshttps://www.ft.com/content/600ad91f-79d4-451c-97c1-ab9a0daf4d3eJack Ma’s Ant defies pressure from Beijing to share more customer data https://www.ft.com/content/1651bc67-4112-4ce5-bf7a-d4ad7039e7c7Germany loses Covid crown as vaccine campaign faltershttps://www.ft.com/content/33f8ffd6-066b-449c-bf7e-edd51d661b19 Hosted on Acast. See acast.com/privacy for more information.

Two senior Democratic lawmakers have warned the Federal Reserve that it would be a “grave error” to extend looser capital requirements for US banks. ExxonMobil appointed two new board directors on Monday to placate activist shareholders and the former French president Nicolas Sarkozy was sentenced to three years in prison on Monday. Plus, the FT’s global media editor Alex Barker looks back on Rupert Murdoch’s media empire and what succession looks like for the mogul. Democratic senators call for tougher capital requirements for US bankshttps://www.ft.com/conent/44792b80-c331-44e3-b02c-41a151f4cb6c?Exxon adds two board directors in wake of activist pressure https://www.ft.com/content/be866c6f-bbff-4500-927b-49e02b7b9023Nicolas Sarkozy sentenced to jail for corruptionhttps://www.ft.com/content/1f2fe078-34f7-4665-afd7-a829082c7874Rupert Murdoch at 90: Fox, succession and ‘one more big play’https://www.ft.com/content/d9719c27-5e95-49c3-a534-2796196c6af7 Hosted on Acast. See acast.com/privacy for more information.

Chancellor Rishi Sunak is set to announce the UK’s budget on Monday and it includes a £5bn “restart” grant scheme, European Commission president Ursula von der Leyen warns that Europe could face an “era of pandemics,” and Japanese officials are preparing revisions to the country’s corporate governance code in an effort to change an inward looking corporate culture. Plus, the FT’s Patrick McGee explains how Lucid Motors will challenge Tesla in the electric vehicle market. Sunak to give £5bn boost to Covid-hit companies in Budgethttps://www.ft.com/content/9c6e7088-5577-4b17-adc1-502bffd33a76Europe must prepare for ‘era of pandemics’, von der Leyen sayshttps://www.ft.com/content/fba558ff-94a5-4c6c-b848-c8fd91b13c16?Japan prepares to shake up corporate codehttps://www.ft.com/content/a8de1297-52b1-4ee7-aa24-b4e966790dbaLucid takes on Tesla as electric vehicle competition hots uphttps://www.ft.com/content/8e01e59e-5b89-46c2-a798-6945fa2f255dNote: This episode has been updated to reflect that the Sputnik V vaccine was developed in Russia. Hosted on Acast. See acast.com/privacy for more information.

The yield on the benchmark 10-year Treasury exceeded 1.5 per cent for the first time in a year and the outgoing head of Petrobras warns Brazil’s President Jair Bolsonaro against state controlled fuel prices. Plus, the FT’s Africa editor, David Pilling, discusses the Covax vaccine rollout in low-income countries. Wall Street stocks sell off as government bond rout accelerateshttps://www.ft.com/content/ea46ee81-89a2-4f23-aeff-2a099c02432cOusted Petrobras chief hits back at Bolsonaro https://www.ft.com/content/1cd6c9fb-3201-4815-9f4f-61a4f0881856?Africa will pay more for Russian Covid vaccine than ‘western’ jabshttps://www.ft.com/content/ffe40c7d-c418-4a93-a202-5ee996434de7 Hosted on Acast. See acast.com/privacy for more information.

GameStop’s share price doubled in the final 90 minutes of trading on Wednesday, partners at the consultancy McKinsey have voted to remove Kevin Sneader from his post as global managing partner, and Myanmar’s banking system has ground almost to a halt as employees joined protests against the military coup. Plus, climatologist Michael Mann explains why wind power is not to blame for power failures in Texas during the recent cold snap.GameStop shares double in final 90 minutes of trading dayhttps://www.ft.com/content/50eaa1b5-d244-4b3e-b460-736828c049cdMyanmar protesters join general strike in defiance of threats of violencehttps://www.ft.com/content/5f61da58-e618-42a8-b13c-300567248ff1Blaming Texas electricity failure on windhttps://www.ft.com/content/adc21f2b-ccf7-4b8b-8604-53cae556a7ddSports gear maker Under Armour halves sponsorship commitments https://www.ft.com/content/f97405a1-4187-4186-833c-c8c4f07bfcbf Hosted on Acast. See acast.com/privacy for more information.

 Federal Reserve chairman Jay Powell spoke to Congress on Tuesday and indicated the central bank would maintain its ultra-loose monetary policy, the Biden administration is planning a broad package of measures to punish Moscow for the SolarWinds hack, and holiday bookings in the UK surged after Prime Minister Boris Johnson announced a plan for easing the coronavirus lockdown. Plus, the FT’s banking editor, Stephen Morris, explains why the global bank HSBC is pivoting back to its roots in Asia.Powell signals ‘hope for return to more normal conditions’https://www.ft.com/content/7f4a37e4-1930-4f9c-86e5-5e6fd9fbba5aUS considers sanctions against Russia over SolarWinds hackhttps://www.ft.com/content/d7d67ea7-8423-4b9c-819d-761fa4a10fa0?Holiday bookings surge after UK unveils plans for lockdown easinghttps://www.ft.com/content/055ba761-3610-4d61-97a3-4a3719af066dHSBC shifts ‘heart of business’ to Asia in latest strategy revamphttps://www.ft.com/content/eb321081-434e-43f4-b9e7-13354afdfc5f Hosted on Acast. See acast.com/privacy for more information.

The Nasdaq Composite closed 2.5 per cent lower on Monday as rising inflation expectations undercut arguments for tech stocks’ high valuations, Brazilian markets were rattled after president Jair Bolsonaro removed the head of Petrobras, and American rapper Jay-Z signs a big champagne deal with LVMH. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains how Big Tech companies became one of the world’s largest supporters of green energy. Global stocks fall on nerves over inflation outlookhttps://www.ft.com/content/cab2caee-60c9-40cb-a115-099287ab8bf4Brazilian markets rattled by Bolsonaro’s removal of Petrobras chiefhttps://www.ft.com/content/68b0c6cf-7d78-4e0e-9025-bfaca7e098e2LVMH signs champagne deal with rap star Jay-Zhttps://www.ft.com/content/840826e8-a70e-4f1d-82a4-1b83895eced5How tech went big on green energyhttps://www.ft.com/content/0c69d4a4-2626-418d-813c-7337b8d5110d? Hosted on Acast. See acast.com/privacy for more information.

UK prime minister, Boris Johnson, is set to lay out a road map for lifting England’s lockdown, HSBC is accelerating its “pivot to Asia”, and McKinsey’s 650 senior partners have begun voting on whether Kevin Sneader should serve a second term at the helm of the business consultancy. Plus, the UK’s competition watchdog is planning new probes on Big Tech companies. The FT’s Brussels correspondent, Javier Espinoza talks to Andrea Coscelli, the head of the UK’s Competition and Markets Authority. Schools in England to reopen on March 8 under easing of lockdownhttps://www.ft.com/content/3a0434e5-8cac-4922-8f0f-062db0604115HSBC intensifies pivot to Asia with job moves and US exithttps://www.ft.com/content/38c3670c-3b0f-41e6-874e-0f9eee553744UK competition watchdog warns Big Tech of coming antitrust probeshttps://www.ft.com/content/da5c30a8-6fab-4131-b6bd-f8f05dcf5a46?McKinsey senior echelons vote in referendum on Sneader leadershiphttps://www.ft.com/content/f001f3ef-e296-4eb6-b711-5f7cb773e314 Hosted on Acast. See acast.com/privacy for more information.