Walmart is partnering with Microsoft in its bid for the US operations of TikTok, and the Federal Reserve is adopting a new strategy for monetary policy that will be more tolerant of temporary increases in inflation. Plus, the FT’s Sara Germano explains how walkouts by professional US athletes are influencing the conversation about police brutality and racial injustice. Walmart enters race for TikTok US with Microsoft partnershiphttps://www.ft.com/content/70551adb-7a6e-47a1-a6d1-070efaa957fdFed to tolerate higher inflation in policy shifthttps://www.ft.com/content/e1e59faa-5005-4e1c-9d54-b1a8d4de9586Black athletes boycott US sports leagues as protests escalate after Blake shootinghttps://www.ft.com/content/c7bb647a-e5fb-4644-8446-9afb69a8e363 Hosted on Acast. See acast.com/privacy for more information.

Western governments are concerned that a World Health Organization team investigating the origins of coronavirus did not visit Wuhan, EU trade commissioner Phil Hogan has resigned after a Covid-19 misstep, and Hurricane Laura is expected to wreak havoc on US oil refinery hubs near the Gulf of Mexico. Plus, the FT’s James Politi previews what this year’s all-virtual Jackson Hole central bankers’ symposium will look like. Fears over virus probe rise after WHO team fails to visit Wuhanft.com/content/f9dea077-66fb-4734-9d1d-076dc93568e1?EU trade commissioner set to resign after furore over Irish dinnerhttps://www.ft.com/content/f53a2bbc-97d6-484d-92e0-7907759cdd93Hurricane Laura threatens to bring ‘unsurvivable’ surge to US Gulfhttps://www.ft.com/content/86d7cac1-210e-49a9-a3ab-9b7b7bb5d8dfCentral bankers face virus hit to global economy at crisis forumhttps://www.ft.com/content/269eec67-1145-41b8-b97c-f43b293017fdLearn more about the FTWeekend Festival here: https://ftweekend.live.ft.com/ Hosted on Acast. See acast.com/privacy for more information.

European vaccine makers want EU exemptions that would protect them if there are problems with new Covid-19 vaccines, and low interest rates have helped US homebuilder stocks surge to record highs. Plus, the FT’s James Fontanella-Khan explains why Ant Group chose to list its potentially record setting IPO outside the US. Covid-19 vaccine makers lobby EU for legal protectionhttps://www.ft.com/content/12f7da5b-92c8-4050-bcea-e726b75eef4d?Low rates help propel US homebuilder stocks to record highshttps://www.ft.com/content/9b54ab06-2d57-44a1-85c2-47c114589c22Ant Group reveals $2.6bn profit as it files for blockbuster IPOhttps://www.ft.com/content/b5f6fed2-2dcf-48dc-9097-a49bff5532dc Hosted on Acast. See acast.com/privacy for more information.

India is phasing out equipment from Huawei and other Chinese companies for its telecoms networks due to an escalating border dispute, investors have quietly poured billions of dollars into insurance companies this year betting on pandemic-driven returns, and there is a brewing debate over who will get first access to a coronavirus vaccine in the US. Plus, the FT’s Washington bureau chief, Demetri Sevastopulo explains how the Republican Party will handle Donald Trump’s legacy. India moves to cut Huawei gear from telecoms networkft.com/content/55642551-f6e8-4f9d-b5ba-a12d2fc26ef9?edit=trueInsurers bet that pandemic will usher in era of higher returnsft.com/content/eda1cdd1-3c0a-4fe5-b41e-173a85da79d8US braced for political row over who gets first Covid-19 vaccines ft.com/content/13f40024-46d9-49d5-a1d9-4f5a68e674aa?US election: a divided Republican party questions Trump legacyft.com/content/1521cb7b-44fe-47f3-bdac-92372a8ef129Note: This episode has been updated. Wisconsin police shot and wounded Jacob Blake on Sunday. Hosted on Acast. See acast.com/privacy for more information.

The Trump administration is considering fast tracking a UK Covid-19vaccine for use in America ahead of the presidential election, and new research shows global dividends have suffered the worst quarterly fall in a decade. Plus, the US editor of the FT’s Lex column, Sujeet Indap, explains why a hedge fund manager is in hot water over the Neiman Marcus bankruptcy case. Trump considers fast-tracking UK Covid-19 vaccine before US electionhttps://www.ft.com/content/b053f55b-2a8b-436c-8154-0e93dcdb3c1aGlobal dividends suffer worst quarterly fall since 2009ft.com/content/a136da68-4cc8-489f-9265-a719b11f75e6?Hedge fund manager admits ‘grave mistake’ in Neiman Marcus battlehttps://www.ft.com/content/084ba24b-a96b-4888-9bd4-c80001c0be07 Hosted on Acast. See acast.com/privacy for more information.

Huawei employees are becoming increasingly worried about lay-offs after the US announced “death sentence” sanctions, Hong Kong investment bankers employed by Chinese groups are on track to outnumber those in the territory from Wall Street and international banks, and working remotely could lead companies to outsource employees’ jobs. Huawei employees worry about lay-offs after tougher US sanctionshttps://www.ft.com/content/1fccedf5-bf88-45fe-9a39-2ac378571693Chinese banks’ Hong Kong ranks on track to outnumber global rivalshttps://www.ft.com/content/abbbfcec-736c-47ba-b106-b1bdafebd099If you can do your job anywhere, can anyone do your job?https://www.ft.com/content/fe5a7907-14b9-4e61-9938-ec3dd9d06831Uber and Lyft win reprieve to keep operating in Californiahttps://www.ft.com/content/6b28cb8a-da35-4f02-87cd-780984e6a3ad Hosted on Acast. See acast.com/privacy for more information.

Apple has hit a $2tn market capitalisation just two years after it became the world’s first trillion-dollar company, concern is growing in Germany that a rule introduced as part of the country’s emergency response to coronavirus is fuelling the creation of thousands of so-called zombie groups that could end up sapping the economy for years to come. Plus, as Joe Biden prepares to accept the Democratic nomination for president, he’s putting green energy at the centre of his campaign. Apple market value hits $2tnhttps://www.ft.com/content/ef09a97a-fcea-44d7-a5c0-5dc67becf286Germany haunted by spectre of zombie companieshttps://www.ft.com/content/5d5d1bc1-61a3-46a9-915c-1a1e6f2e5fd2Biden gambles on placing climate change at heart of US energy policyhttps://www.ft.com/content/2ac477e7-34a4-4c0e-b9f4-018cef47d67dAirbnb files for initial public offeringhttps://www.ft.com/content/a35a84b1-8177-40de-99d5-ca04d375cd3b Hosted on Acast. See acast.com/privacy for more information.

Oracle has entered the race to acquire TikTok, EU leaders lined up to urge the Vladimir Putin to help steer Belarus out of its political crisis, and the US postmaster-general has reversed course on a series of controversial cost-cutting measures after Democrats claimed that they would hinder postal voting in the presidential election. Plus, a look at why special purpose acquisition companies are on the increase. Oracle enters race to buy TikTok’s US operationshttps://www.ft.com/content/272cfc69-b268-45ac-88d6-d55821f27e78Putin warns western leaders over ‘meddling’ in Belarushttps://www.ft.com/content/f96fdf91-6826-4af2-923d-ff14947fcd15US postal service delays cutbacks over election fearshttps://www.ft.com/content/2fb59ebf-4e84-4ce6-ab8d-6f1a7dc1a058Can Spacs shake off their bad reputation?https://www.ft.com/content/6eb655a2-21f5-4313-b287-964a63dd88b3 Hosted on Acast. See acast.com/privacy for more information.

Alexander Lukashenko, the strongman president of Belarus, fought for his political future on Monday as protesters called on him to “resign”, stock-trading app Robinhood raised new equity that values the company  at more than $11bn, and the Trump administration has moved to open part of the Arctic wildlife refuge for oil drilling. Plus, the FT’s Anna Gross on the human and economic toll of climate change. ‘Resign!’ Belarus president booed by striking workershttps://www.ft.com/content/2b5d2e59-d50a-4a21-9708-605b1ddf90b1Retail trading app Robinhood’s value tops $11bn on new fundraisinghttps://www.ft.com/content/b208cbbe-579c-4cbf-9358-01ae02b4381bTrump moves to allow oil drilling in Arctic wildlife refugehttps://www.ft.com/content/58b4228f-15ce-40d2-b9bf-688357045b29Rise in coastal flooding poses threat to global economyhttps://www.ft.com/content/6f8fe212-b2e6-49f4-b6b5-c8143ac5392f Hosted on Acast. See acast.com/privacy for more information.

Senior Democrats have called the US postmaster general to testify before Congress amid election fears, pharmaceutical group CureVac has ruled out selling a vaccine at cost, and Italy's businesses enjoy a better than expected rebound from coronavirus. Plus, the FT’s Emiko Terazono on why the decline of travel is bad for the chocolate industry. Further reading:Democrats call postal chief to testify in US mail voting rowhttps://www.ft.com/content/c0128915-ad28-4699-9d5b-9b0a65acaf2bCureVac vows ‘ethical margin’ on price of Covid-19 vaccinehttps://www.ft.com/content/83a418eb-96ae-4b71-b640-6873f315921fItaly’s businesses enjoy ‘better than expected’ virus reboundhttps://www.ft.com/content/73a36f20-bbd4-4d99-a1e9-685788cb9cd9Choc waves: how coronavirus shook the cocoa markethttps://www.ft.com/content/37aa0ac8-e879-4dc2-b751-3eb862b12276 Hosted on Acast. See acast.com/privacy for more information.