Joe Biden edged closer to a presidential victory on Thursday night while Donald Trump claimed without evidence that the Democrats were trying to “steal” the election. Plus, the Federal Reserve kept monetary policy steady, the Bank of England took more robust measures as the UK entered a second coronavirus lockdown, and Uber missed Wall Street’s expectations on earnings in the third quarter despite reporting an uptick in its ride-sharing business. Donald Trump calls for vote counting to stop as US awaits resulthttps://www.ft.com/content/b922453a-166c-446f-a50e-6727309b8375Federal Reserve keeps monetary policy steady as Covid cases risehttps://www.ft.com/content/3b577f14-c638-4536-aeb0-f63508e7e295Bank of England launches £150bn stimulus to boost consumer spendinghttps://www.ft.com/content/18ade542-d2a9-438a-ba5c-37b51475993bUber and Lyft in driving seat to remake US labour lawshttps://www.ft.com/content/78e619f4-fabe-4077-a51a-491e24492263Uber claws back business as lockdowns ease but misses Wall Street targethttps://www.ft.com/content/933458fc-4bd8-407f-be0f-6467e83b6173 Hosted on Acast. See acast.com/privacy for more information.

Joe Biden won Wisconsin and Michigan on Wednesday in two critical victories that boosted his chances of winning the presidential election while the Trump campaign launched lawsuits to delay vote counting. Meanwhile, investors are now changing course after Democrats missed an opportunity for a blue wave. Plus, the FT’s environment correspondent, Leslie Hook, explains how the outcome of the election is crucial for global efforts to tackle climate change. Biden boosted by Wisconsin and Michigan wins as count drags onhttps://www.ft.com/content/874f4401-aa3f-46c0-b4ca-2d06066c1f7eInvestors hold their poise in face of knife-edge US election resulthttps://www.ft.com/content/732afbb8-af6f-4bfa-9cd2-e7dab82873afUS formally withdraws from Paris climate agreementhttps://www.ft.com/content/54f600e0-183f-41fd-8d4b-69ab4403e331 Hosted on Acast. See acast.com/privacy for more information.

The US presidential election appeared to be headed towards prolonged uncertainty as critical battlegrounds continued to count mail-in ballots. The FT’s Peter Spiegel reports on the early morning results, and Andrew Edgecliffe-Johnson explains what it means for business. Plus, China has suspended the $37bn listing of Ant Group, which had been set to become the world’s largest IPO. Our Asia capital markets correspondent, Hudson Lockett, explains what happened. Follow the FT’s US election coveragehttps://www.ft.com/us-presidential-election-2020Trump’s corporate trouble: CEOs keep their distance from the party of businesshttps://www.ft.com/content/f74f00db-decc-4fb2-8c86-e95dd0b0d42eChina halts $37bn Ant Group IPO, citing ‘major issues’https://www.ft.com/content/c1ee03d4-f22e-4514-af46-2f8423a6842e Hosted on Acast. See acast.com/privacy for more information.

US election day begins as Americans brace themselves for what could be a drawn-out result, Nvidia’s $40bn deal for the UK-based chip designer Arm is facing fresh problems in China, and Volkswagen will be within only “a gram or so” of tough new EU carbon emission limits. Plus, the FT’s US capital markets correspondent, Richard Henderson, explains which policies from Mr Trump and Joe Biden are most appealing to investors. Democrats fight back as Trump pledges to challenge result in courthttps://www.ft.com/content/fd0ed792-2945-48a1-a896-efd0ecc7586fTrump vs Biden: 4 policy plans US stock investors are watchinghttps://www.ft.com/content/4930af61-c51a-4782-a1cd-a0cd1a9a0cde?shareType=nongiftBattle at Arm China threatens $40bn Nvidia dealft.com/content/49889c43-70b8-45d7-b0b0-44e98d3bf89f?Volkswagen within ‘a gram’ of compliance with EU carbon targetsft.com/content/b8751714-fe99-4cd6-9935-2fb4ad9929f4? Hosted on Acast. See acast.com/privacy for more information.

Fresh lockdowns in Europe announced have triggered a flurry of downgrades to economic growth forecasts, and UK business leaders have called for more financial help from the government to support crisis-hit companies. Plus, the FT’s Peggy Hollinger explains how Brexit will affect an already hard hit aerospace industry.  Eurozone economic forecasts slashed as fresh lockdowns imposedhttps://www.ft.com/content/3269f590-1cac-411f-8320-110c91c1f12eBusiness seeks state support as it faces England lockdownhttps://www.ft.com/content/adfebb62-2f01-4c4a-bdc6-8bf8ff621850 Hosted on Acast. See acast.com/privacy for more information.

Big tech companies reported mixed earnings for the most recent quarter, and Donald Trump is pointing to strong third-quarter GDP days before the US presidential election. Plus, the FT’s Washington Bureau chief Demetri Sevastopulo explains how early votes could affect election day. Google ad sales bounce back sharply from pandemic slumphttps://www.ft.com/content/07c22dcb-9747-4bd3-a01c-bb51d6e9e9bbDonald Trump touts economy to boost re-election bidhttps://www.ft.com/content/dbe15063-8955-42e2-a757-b8d9b4bd9c60Early voting surge points to huge turnout in US electionhttps://www.ft.com/content/8d8fa717-8923-4223-af75-bd6d31d25d9a Hosted on Acast. See acast.com/privacy for more information.

Stocks in Europe and the US dropped on Wednesday as Germany and France re-entered lockdowns to slow the spread of coronavirus. The FT’s Michael Peel explains how the European Commission is handling the latest wave of the virus. Plus, investors worry about its spread in Europe and the US, and China’s leadership discusses the country’s next Five-Year Plan.  Germany and France impose fresh curbs to slow Covid-19 spreadhttps://www.ft.com/content/cc928df5-8c4f-4b16-b5e8-78547069c9d5US stocks close down 3.5% as Covid concern mountshttps://www.ft.com/content/617f7ad3-6831-4e47-b66a-3efccd1972a6Chinese leadership meets to set policy direction for next 5 yearshttps://www.ft.com/content/91b74acd-15fc-402a-9644-3c662d3ba04c Hosted on Acast. See acast.com/privacy for more information.

Apple is stepping up efforts to develop its own search technology, Boris Johnson’s plan to flout international law over Brexit is set to be blocked by the House of Lords, LVMH is in talks to renegotiate its $16.6bn takeover of US jeweller Tiffany. Plus, the FT’s Kiran Stacey will explain why US Senators are going after big social media groups ahead of the US presidential election. Apple developing alternative to Google searchft.com/content/fd311801-e863-41fe-82cf-3d98c4c47e26Boris Johnson faces Brexit defeat at key momentft.com/content/807e1c15-7632-4a42-adc7-562ffc57e232?Zuckerberg backs reform of legal protections for social mediahttps://www.ft.com/content/9e9b8a33-74af-4a42-9c6f-1e24958de46c? Hosted on Acast. See acast.com/privacy for more information.

US stocks on Monday notched their biggest one-day drop in a month on fears that rising coronavirus infections will dampen business activity, and European banks get a lift from equities revenue. Plus, the FT’s China corporate tech reporter, Ryan McMorrow, explains how Alibaba is making a push into a crowded grocery delivery field. Alibaba to pay $3.6bn to take control of Chinese supermarket chain Sun Arthttps://www.ft.com/content/fb6dee7d-704e-444e-aa7f-32969296fb51US stocks have worst day in a month as virus cases hit a recordhttps://www.ft.com/content/770938ee-c511-4332-968c-c290dd89cc33Barclays recovers as bad debt charges fallhttps://www.ft.com/content/8374dd0e-87c1-4b58-8c29-5cc4f45d3960UBS pledges to boost payouts as pandemic impact diminisheshttps://www.ft.com/content/10005024-87dc-41b8-abc4-728261b34bf0 Hosted on Acast. See acast.com/privacy for more information.

Pandemic-struck EU member states are worried about debt and are hesitant to reach for recovery fund loans, and a Covid-19 vaccine trial out of the University of Oxford and AstraZeneca has shown promise in a recent trial. Plus, the FT’s Peter Foster and Judith Evans explain what kind of complications will occur at the UK border after the Brexit transition period ends. Italy and Spain introduce new pandemic measuresft.com/content/8d14f560-427c-451f-90df-8b464901d190EU capitals hesitate over recover fund loansft.com/content/1621a33b-b05e-4b2d-b6d1-862a0455c1b9?Astrazeneca Oxford Covid vaccine trials offer hope for the elderly ft.com/content/b15446e5-66f7-4e6a-947a-1b638769ff79?British sausage makers face EU freeze after Brexithttps://www.ft.com/content/a6b205e4-6171-4995-80d8-3f19b42d340aPrivate jets take off as wealthy flyers seek to avoid virushttps://www.ft.com/content/17282807-ab86-4333-b6c2-b8128f87fd4f Hosted on Acast. See acast.com/privacy for more information.