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FT News Briefing

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Jan 22, 2021 • 10min

Next steps for US returning to the Paris climate accord, ECB bond-buying shift, global art market outlook

President Joe Biden has moved to have the US rejoin the Paris climate accord, but becoming a leader in lowering carbon emissions will not be so easy. Then, a look at how the European Central Bank is bracing for the latest phase of the pandemic-induced economic crisis. Plus, the FT’s art market columnist, Melanie Gerlis, explains how auction houses and galleries are surviving and adapting to the pandemic. The US will rejoin the Paris climate accord — what happens now?ft.com/content/81dd2826-55b6-44c2-b981-88717ec70314?ECB details bond-buying shift as it holds rates and stimulus steadyhttps://www.ft.com/content/14821fa0-0e3e-4a95-8414-53a257ee9142Art market: Predictions for 2021https://www.ft.com/content/86c27d1c-ff65-40a2-b6b2-d4add0209ffa Hosted on Acast. See acast.com/privacy for more information.
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Jan 21, 2021 • 11min

Business sends Biden a message, Vestager warns against patchwork tech regulation across Europe

Company leaders have warned they will fight Biden Administration moves to raise corporate taxes and tighten regulation, and earnings reports show that big US banks had a strong end to 2020 thanks to trading. Plus, the FT’s Javier Espinoza continues his conversation with the European Commission’s competition and digital policy chief, Margrethe Vestager, about the future of big tech regulation. Business to Biden: prepare for a fight over tax and minimum wagehttps://www.ft.com/content/7027014e-9478-4320-97ee-a1c8144b4638Vestager warns Big Tech to cooperate or face patchwork of laws across EUhttps://www.ft.com/content/2bd619a2-dee0-492a-b397-73a0ba00e369Morgan Stanley posts record profit as trading boomshttps://www.ft.com/content/0f44d1b7-d79f-4c2a-b45e-d4c2d0ce4637 Hosted on Acast. See acast.com/privacy for more information.
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Jan 20, 2021 • 11min

Biden inauguration, Yellen urges Congress to ‘act big’ on stimulus, top EU official on tech regulation goals

Joe Biden faces a long list of challenges after he is sworn in as the 46th US president today, Mr Biden’s nominee to serve as Treasury secretary, Janet Yellen, told Congress to “go big” on stimulus during her Senate confirmation hearing on Tuesday, and a US court has struck down the pro-coal power sector rules set by the outgoing president, Donald Trump. Plus, the FT’s Javier Espinoza speaks with Margrethe Vestager, the EU’s executive vice-president in charge of digital policy, about the future of tech regulation. Joe Biden’s challenge: big, early victories in a toxic political climate https://www.ft.com/content/fa01bc64-a80c-4c32-abad-f8eb778c4fe6US court strikes down Trump’s pro-coal power sector ruleshttps://www.ft.com/content/fed06dac-7c84-47be-a137-0480518a9e98Vestager warns Big Tech to cooperate or face patchwork of laws across EUhttps://www.ft.com/content/2bd619a2-dee0-492a-b397-73a0ba00e369Netflix signals stock buybacks to come as subscribers hit 200mhttps://www.ft.com/content/ae6f0ad5-a685-4eab-86f5-a65e8c7021ef Hosted on Acast. See acast.com/privacy for more information.
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Jan 19, 2021 • 9min

China-Europe shipping costs, Navalny jailed, Brookfield chief says real estate is undervalued

The cost of shipping goods from China to Europe has more than tripled in the past eight weeks as the pandemic disrupts global trade, Russian opposition activist Alexei Navalny has been sent to prison just a day after returning to his home country despite international demands to release him, and Italian prime minister Guissepe Conte faces a crunch confidence vote by lawmakers today. Plus, the FT’s US investment editor, Michael MacKenzie, explains why the chief executive of Brookfield Asset management thinks the markets have undervalued real estate.   Tripling of China-Europe shipping costs threatens to hit goods supply ft.com/content/ad5e1a80-cecf-4b18-9035-ee50be9adfc6?Russia jails opposition activist Alexei Navalny for 30 dayshttps://www.ft.com/content/9c42f190-5ec2-4ad7-8bc6-f9e449200a9fItalian coalition parties back PM Conte after resignationshttps://www.ft.com/content/4cf07e94-d7ad-408c-bf08-1093318c8b48Markets are underestimating the lure of the office, says Brookfield chief https://www.ft.com/content/0316678b-664a-42f8-900a-5c5b5076e29e? Hosted on Acast. See acast.com/privacy for more information.
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Jan 18, 2021 • 10min

Pompeo’s policy blitz, Merkel’s heir apparent, tech boom reshapes cities

Thousands of National Guard troops are being deployed to Washington to safeguard the capital for the inauguration of Joe Biden. The president-elect is already planning which executive orders he will sign, but there is still time for President Trump’s secretary of state to leave his mark on foreign policy. Germany’s ruling party, the Christian Democratic Union, has a new leader to replace Angela Merkel. Plus, the FT’s Tim Bradshaw reports that the pandemic tech boom is leaving cities with better logistics networks.  Washington fortified for Biden’s inauguration amid fears of more violencehttps://www.ft.com/content/94db9b9b-243b-4ce8-9e10-452fadc523ecPompeo tries to pin Biden down with parting foreign policy blitzhttps://www.ft.com/content/2b4e9369-8da5-4d12-b720-59b68a2136e6Angela Merkel’s heir apparent: Armin Laschet’s rise to the summit of German politicshttps://www.ft.com/content/371d6d1b-d95e-4d69-a3b3-b89ae71c03d7The pandemic tech boom is reshaping our cities  https://www.ft.com/content/40c3a928-6faf-4746-903d-3a114aac3878Indonesia deploys social media influencers in vaccine drivehttps://www.ft.com/content/adb9d6c6-ab89-4fe4-aae9-4b226e5f879f Hosted on Acast. See acast.com/privacy for more information.
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Jan 15, 2021 • 10min

Biden’s economic rescue plan, US banks report earnings, and the election for Merkel’s successor

Joe Biden plans to ask Congress for a $1.9tn economic rescue package, Federal Reserve chairman Jay Powell assures markets that asset purchases will continue, four big US banks report quarterly earnings, and far-right groups find alternative internet platforms to rally for further unrest. Plus, the FT’s Guy Chazan on who is vying to replace Angela Merkel as leader of Germany’s ruling party. Biden to push $1.9tn stimulus for pandemic-battered US economyhttps://www.ft.com/content/05e07e0d-1f2a-45da-bafb-367f4100c26aPowell moves to stamp out market fear of exit from loose policyhttps://www.ft.com/content/21d89f6d-be8f-48dc-9085-1e9baabcbdbeTop US banks set for $10bn round of buybackshttps://www.ft.com/content/c2b155a3-8901-4011-be32-fde3f4bad740Far-right turns to alternative platforms to stoke further unresthttps://www.ft.com/content/f5c4679b-20c5-4b68-bb6d-958f17385183?After Merkel: the battle for the soul of the Christian Democratic Unionhttps://www.ft.com/content/ce034f34-cbc6-4ea9-8c16-41fc939fc0fe Hosted on Acast. See acast.com/privacy for more information.
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Jan 14, 2021 • 10min

US House impeaches Trump again, Jack Ma vs Xi Jinping, NYC cuts ties with the Trump Organization

Donald Trump has become the first US president in history to be impeached twice, New York City cuts business ties with the Trump Organization, and the City of London has a post-pandemic recovery plan. Plus, the FT’s Beijing bureau chief, Tom Mitchell, explains what the clash between Jack Ma and Beijing means for China’s private sector. Donald Trump is impeached for second timehttps://www.ft.com/content/fc81c3df-f6c0-47c2-8efc-5a14d511f7e7New York City is latest to cut ties with Trump businesseshttps://www.ft.com/content/11b92247-b405-4e03-808d-2b802c63ff38Jack Ma vs Xi Jinping: the future of private business in Chinahttps://www.ft.com/content/751c2500-f50d-47c9-8f04-a28ad62285fd?segmentId=6bf9295a-189d-71c6-18fb-d469f27d3523City of London sets out five year post-pandemic recovery planft.com/content/91c887fc-29ef-472f-8e3f-22cb7d21573a? Hosted on Acast. See acast.com/privacy for more information.
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Jan 13, 2021 • 11min

WhatsApp battles privacy concerns, China tech worker concerns, Microsoft Teams

Facebook-owned WhatsApp is scrambling to stave off privacy concerns following a recent update to its terms of service; greenhouse gas emissions in the US rose less in 2020 than in any year since the second world war; China’s fast-growing tech industry is in the spotlight for harsh working conditions. Plus, the FT’s Richard Waters reports on the growth of Microsoft Teams and what it could mean for the future of online work.What’sApp fights back as users flee to Signal and Telegram https://www.ft.com/content/ee1b716d-4ed2-4b26-8da1-40c98db7b9b6?US emissions rise the least since second world war during pandemic ft.com/content/1b1dfaf0-4dfb-4788-9270-f880242b2a56?Pinduoduo hit by new allegations over working practiceshttps://www.ft.com/content/cc7aa0f0-ca28-4bf1-a3a1-823cc5e6fad1Microsoft looks to make 2021 the year of Teamshttps://www.ft.com/content/1bbe1b15-dde6-4a3b-9728-8991818b6c92 Hosted on Acast. See acast.com/privacy for more information.
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Jan 12, 2021 • 10min

US businesses pull political donations, SolarWinds hack developments, Turkey’s quest for power

U-S corporations are reviewing their political donations after the attack on the Capitol building, and research has found the huge global cyber espionage campaign discovered last month was carried out using tools similar to those developed by known Russian hacking group, Turla. Plus, the FT’s Turkey correspondent, Laura Pitel, explains how Recep Tayyip Erdogan’s aggressive foreign policy moves have left Ankara isolated from the west. Corporate American pulls political donations after assault on Capitol https://www.ft.com/content/be344816-3fab-42e2-99ed-38309d06a435SolarWinds cyber attack linked to tools used by Russian hacking grouphttps://www.ft.com/content/e1b247d5-ef53-4e82-afc3-9e3c2d7c5e2cErdogan’s great game: Soldiers, spies and Turkey’s quest for powerhttps://www.ft.com/content/8052b8aa-62b9-40c9-a40c-d7187d5cd98a? Hosted on Acast. See acast.com/privacy for more information.
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Jan 11, 2021 • 11min

Big Tech blocks Trump, urban renter exodus worries some MBS investors, CES goes virtual

Technology companies are blocking President Donald Trump from their platforms, renters fleeing U-S cities are straining the market for  mortgage-backed securities, and Europe tries to enforce its investment deal with China. Plus, the Consumer Electronics Show kicks off, virtually.Twitter vs Trump: has Big Tech gone too far?ft.com/content/6df12c33-e7a3-482b-92da-8c3549789a6b?Fading allure of urban life leaves dent on US mortgage bonds ft.com/content/67cb87c0-ef93-410f-90bc-60ffaf42af5e?EU and China agree new investment treatyhttps://www.ft.com/content/6a429460-4bfb-42d4-9191-73ba97dde130CES enters the pandemic era, taking a turn for the practicalhttps://www.ft.com/content/5c6b159c-da65-439f-8831-708cc0930aae Hosted on Acast. See acast.com/privacy for more information.

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