Uber posts a $5.2 billion loss as costs from its initial public offering hit earnings, Italy’s prime minister Giuseppe Conte asks for parliament to be recalled so he can hold a vote of confidence and US stocks notched their biggest jump in two months on Thursday after upbeat Chinese data soothed investors’ nerves. Also, Broadcom agrees a deal to acquire Symantec’s enterprise security business for $10.7bn, Kraft Heinz takes another $1.2bn in writedowns, UK prime minister Boris Johnson eyes an election in the days after Brexit and sources tell the FT that at least nine senior figures have been removed from their posts at Turkey’s central bank. Plus, the FT’s US mergers and acquisitions correspondent, Eric Platt, tells us about WeWork’s corporate structure revamp as it prepares to go public. Hosted on Acast. See acast.com/privacy for more information.

US stocks closed in positive territory on Wednesday as investors pushed back against deepening concerns over global growth, and the Trump administration is cracking down on Huawei and other Chinese companies seen as security threats. Plus, Broadcom revives talks with Symantec, Russia’s state-owned oil company becomes the last major supplier of petrol to Venezuela, US secretary of state Mike Pompeo said America would be ready to sign a new trade deal with the UK after it leaves the EU and Lyft raises its 2019 financial forecasts. Also, the FT’s Richard Waters tells us about the San Francisco-based research group pursuing the Holy Grail of artificial intelligence. Hosted on Acast. See acast.com/privacy for more information.

Disney shares fall as the company misses earnings estimates in its most recent quarter, Facebook sues two app developers for advertising fraud and Match Group raises earnings guidance for 2019 after a strong boost to Tinder subscribers in the second quarter. Plus, the FT’s US economics editor, Brendan Greely, explains why the Trump administration has few tools to weaken the dollar. Hosted on Acast. See acast.com/privacy for more information.

US Treasury labels China a currency manipulator, Hong Kong’s first general strike in more than 50 years brings the city to a standstill, US president Donald Trump condemns white supremacy after two separate mass shootings and luxury department store chain Barneys New York prepares to file for bankruptcy.  Hosted on Acast. See acast.com/privacy for more information.

At least 29 people were killed in two separate shootings in the US over the weekend, Washington identifies Chinese tankers carrying Iranian oil and US retailers warn that new tariffs threaten to accelerate lay-offs across the industry. Plus, the FT’s Michael Stott explains the political standoff fuelling an economic collapse in Venezuela. Hosted on Acast. See acast.com/privacy for more information.

US President Donald Trump says the US will place a 10 per cent tariff on $300bn of additional Chinese goods, growth in corporate share buybacks starts to cool, Pinterest shares surge after the social media network raises its full year forecasts and Bank of England forecasts show a one-in-three chance that the UK economy will shrink at the start of next year.  Plus, George Parker recaps Boris Johnson’s first week as Prime Minister of the UK and the possibility of a no-deal Brexit. Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve cuts US interest rates by a quarter point, the Trump administration imposes sanctions on Iran’s foreign minister, UniCredit and Ford launch investigations into whether their data were caught up in the Capital One security breach and Qualcomm warns of “continued weakness in China”. Plus, Mexico narrowly avoided a recession in the second quarter. The FT’s Jude Webber explains what it means for the country’s president Andrés Manuel López Obrador and his promise to spur growth.   Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve is expected to announce the first cut in US interest rates since the global financial crisis, Apple delivers upbeat guidance for the rest of 2019 despite shrinking iPhone sales and new data shows that investors have flooded into Saudi stocks this year. Plus, Chris Giles, the FT’s economics editor, explains how Russia is using technology to record and tax real-time transactions. Hosted on Acast. See acast.com/privacy for more information.

Uber eliminates 400 marketing jobs in a corporate reorganisation, Citigroup plans to axe hundreds of jobs in its global markets division and new data reveal more than 2,000 Chinese-made security cameras deemed a threat to national security remain in place in US government buildings. Plus, Pfizer reaches a deal to combine its Upjohn unit with generics drugmaker Mylan, Beyond Meat announces a stock sale and Sterling tumbles to its lowest level in two and a half years on Monday as market fears of a no-deal Brexit grow. Hosted on Acast. See acast.com/privacy for more information.

The UK chancellor of the exchequer, Sajid Javid, plans to announce more than £1bn in increased funding for a no-deal Brexit, Deutsche Bank investigates whether confidential client data was compromised after it failed to deactivate dozens of accounts of fired staff, US President Donald Trump moves to replace Dan Coats as US director of national intelligence and some foreign car manufacturers in China are operating at a fraction of their potential output. Plus, the FT’s Arash Massoudi explains what the London Stock Exchange is looking to achieve with a potential takeover of financial market data provider Refinitiv. Hosted on Acast. See acast.com/privacy for more information.