The US central bank  says it will keep buying at least $120bn of debt a month until “substantial further progress has been made” in the recovery, US regulators have hit Luckin Coffee with a $180m penalty in an accounting fraud settlement, and Massachusetts launches legal action against the online trading app Robinhood. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains why there is an uneven recovery in the US corporate landscape. Fed to extend debt purchases to boost flagging US economyhttps://www.ft.com/content/74b6530e-9d69-43f0-a5d7-3cb363ed5398America’s two-track economy: the small business credit crunchhttps://www.ft.com/content/1ae439b1-75e7-4b55-876c-66533ac37db8Massachusetts takes legal action against Robinhoodhttps://www.ft.com/content/0e451231-fa4c-4686-bf2f-a5e107f337b9Luckin Coffee to pay $180m in accounting fraud settlement ft.com/content/4db3b074-829f-4f1c-a256-11c7e28a31d1 Hosted on Acast. See acast.com/privacy for more information.

Spanish blue-chips have positioned themselves for tens of billions of euros in EU coronavirus aid, the UK is drawing up plans to turn London into a rival to Singapore as a hub for shipping companies, and online brokers are scrambling to hold on to customers acquired during a surge in account openings amid the pandemic. Plus, the FT’s energy correspondent, Nathalie Thomas, explains what a possible new nuclear power plant in England means for the UK’s clean energy goalsSpanish companies jostle for EU recovery fund billionsft.com/content/e56d8c25-a978-424d-be77-752292e72059?UK draws up plans to rival Singapore with post-Brexit shipping regimeft.com/content/251ec582-1a9d-4af2-8b8c-4caa5cecd18bInvestment platforms scramble to retain new customersft.com/content/899c6908-25fc-4b71-9cc4-0224926306fa?UK enters formal EDF talks over £20bn Sizewell C nuclear planthttps://www.ft.com/content/ff25b5b5-5eec-4c81-a9b2-6ef5cad4d9b0 Hosted on Acast. See acast.com/privacy for more information.

Presidential electors confirmed Joe Biden as the winner of the 2020 US election, and the Federal Reserve is poised to issue new guidance extending its emergency bond-buying programme. Plus, the FT’s Hannah Murphy explains what the US is doing in response to an infiltration by “nation-state” hackers into secure IT systems. US orders emergency action after huge cyber security breachhttps://www.ft.com/content/3a635e09-221c-49af-a582-97bc4e803747Electoral College set to confirm Joe Biden as next US presidenthttps://www.ft.com/content/fb5e17ae-7a15-4a88-b871-1db4036186feFederal reserve poised to extend crisis bond-buying programmehttps://www.ft.com/content/28db9e0a-9b6b-4e95-99e6-615ffcbdbaf8 Hosted on Acast. See acast.com/privacy for more information.

US doctors could administer the first authorised coronavirus shot as soon as today, an EY anti-fraud team warned in 2018 that “red-flag indicators” at Wirecard pointed to potential accounting manipulation, and Europe’s top financial regulators are set to approve lender payouts within strict limits. Plus, Boris Johnson and Ursula von der Leyen agreed to extend negotiations for a UK-EU trade agreement. The FT’s Brexit editor, David Bond, explains how that might play out over the next few weeks. Join us this Tuesday 15 December at 3pm GMT, for an essential webinar, hosted by expert FT journalists, to understand in 50 minutes what a Deal or a No Deal means for you and your business. Regardless of the outcome, learn how all the key areas may be impacted. Register free today at: https://webinars.on24.com/ftdigitaldialogues/brexitbriefingEU and UK still ‘far apart’ but Brexit deal hopes risehttps://www.ft.com/content/6a6d5960-3e44-48c8-b33a-ee583b314ee3Doctors set to give first authorised US doses of Covid-19 vaccinehttps://www.ft.com/content/c06fed50-715c-4d2b-995c-b37a52254081EY fraud unit found ‘red-flag indicators’ Wirecard in 2018ft.com/content/3c0a0999-b434-4cad-9d9e-80cb85bf9cfd?Eurozone banks set to restart dividend payments under strict limits https://www.ft.com/content/2ffeb47f-cb88-478e-9819-f22ccd8b9668? Hosted on Acast. See acast.com/privacy for more information.

Boris Johnson has warned Britain to prepare for a no-deal Brexit, and Airbnb shares more than doubled on their first day of trading on Thursday. Plus, the FT’s Brussels correspondent, Javier Espinoza, explains why the EU is giving Big Tech companies an ultimatum when it comes to policing the internet. Correction: A previous version of this episode referred to Netscape as Microsoft's browser when it was in fact a rival. Internet Explorer is Microsoft's browser.Boris Johnson warns Britain to prepare for no-deal Brexithttps://www.ft.com/content/c112b53b-9dc7-462d-b50a-523ce1d42b23Airbnb soars on debut in latest IPO bouncehttps://www.ft.com/content/a1c5cc26-b224-470a-84fe-8a6575fd33dcEU to tell Big Tech to police internet or face large fineshttps://www.ft.com/content/72371610-4820-44c0-a955-4a19e430d343 Hosted on Acast. See acast.com/privacy for more information.

Boris Johnson and the EU have set a Sunday deadline for a “firm decision” on the fate of their future-relationship negotiations, the US Federal Trade Commission and 46 states have brought antitrust cases against Facebook, and DoorDash reached a market value close to $60bn in its public trading debut. Plus the FT’s global media editor, Alex Barker, looks at whether Disney’s push into streaming is enough to save the business. Sunday deadline set for ‘firm decision’ on Brexit talksft.com/content/fb655185-c89e-4a1b-948f-fbe97176c891US sues Facebook for ‘years-long’ abuse of monopoly power ft.com/content/5c03ac0f-7122-4c31-97a5-ecab3928a038DoorDash shares open up 80% amid IPO frenzyft.com/content/c9f8f03f-6b82-4828-84e2-7ac25966b7d1Disney faces digital dilemma despite streaming successft.com/content/cf22ac6b-c065-4657-bbe6-6689c625461d Hosted on Acast. See acast.com/privacy for more information.

Starbucks chief executive Kevin Johnson says the company will continue to grow despite the pandemic, Congress looks to approve the first overhaul of US anti-money laundering laws in decades, and Japan has launched a stimulus package to help speed up the country’s recovery from Covid-19. Plus, the FT’s senior energy correspondent, Anjli Raval, discusses the recent executive exodus at Royal Dutch Shell. Shell executives quit amid discord over green pushft.com/content/053663f1-0320-4b83-be31-fefbc49b0efc?As thousands of small coffee shops shut, Starbucks’ boss is bullishft.com/content/ab959c91-7ef2-44d7-bf8c-d03718ae5393US to shift burden from banks in overhaul of money laundering lawsft.com/content/498493c4-a138-4e5d-b926-a86ae317b8f4Suga launches $294bn stimulus to boost Japan’s coronavirus recoveryft.com/content/2c927471-849c-4635-8844-31b12b91b613 Hosted on Acast. See acast.com/privacy for more information.

Boris Johnson is to travel to Brussels for make-or-break talks on a UK-EU trade deal, Uber will swap its self-driving car operations for a minority stake in Aurora, and China has drastically curtailed the overseas lending programme of its two largest policy banks. Plus, the FT’s Guy Chazan explains why there is so much at stake for Europe and German chancellor Angela Merkel during this week’s EU summit. Johnson to go to Brussels in search of way out of Brexit stalematehttps://www.ft.com/content/0317430c-015c-4848-8689-8ec4066dad52?Uber abandons effort to develop own self-driving vehiclehttps://www.ft.com/content/e55ce767-0ede-4096-aa3b-1d26671f3772?China curtails overseas lending in face of geopolitical backlashft.com/content/1cb3e33b-e2c2-4743-ae41-d3fffffa4259?Angela Merkel faces final challenge at EU summithttps://www.ft.com/content/58866070-51df-4386-be3f-58738a23996c? Hosted on Acast. See acast.com/privacy for more information.

Britain’s trade talks with the EU were on “a knife-edge” on Sunday, Brussels has been urged to stick to climate science when drawing up rules on sustainable finance, and doses of the coronavirus vaccine developed by AstraZeneca and the University of Oxford could be available for purchase in India as soon as March. Plus, the FT’s Brussels bureau chief, Sam Fleming explains how the UK’s departure from the EU will affect Europe. UK trade talks with EU on knife edge, says Irish premierhttps://www.ft.com/content/af0a4b76-66ad-4166-b743-e190327fe42eBrussels urged to heed climate science in sustainable finance ruleshttps://www.ft.com/content/3b017b2b-e8a5-4ea0-b7d0-c96337e33e5fCovid vaccines will be available for private purchase in Indiaft.com/content/224b13fb-1d7d-4250-a6c6-1535b30496bc?edit=true Hosted on Acast. See acast.com/privacy for more information.

EU budget commissioner Johannes Hanes has warned Poland and Hungary that Brussels could cut them out of its recovery fund, British officials accused France of making new Brexit demands at the eleventh hour on Thursday, and Boeing clinched its first firm order for the 737 Max since the aircraft was grounded 20 months ago. Plus, the FT’s global financial correspondent, Robin Wigglesworth, explains what has been fuelling the rally in global equities and whether it can be stopped.Brussels warns Poland and Hungary they cannot stop EU recovery fundft.com/content/50d9731d-c5cd-4fa7-9626-7a0f2f2d62d8Tough Macron stance leaves Brexit deal hanging in balance ft.com/content/7a679982-abef-4f9a-8a55-e06588e7b770Boeing clinches first firm order for 737 Max since aircraft’s groundinghttps://www.ft.com/content/2c32696e-56fc-43a5-b3d4-49daa169bcbdThe ‘everything rally’: vaccines prompt wave of market exuberanceft.com/content/d785632d-d9a0-45ae-ae57-7b98bb2fb8d6 Hosted on Acast. See acast.com/privacy for more information.