FT News Briefing

Financial Times
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Oct 31, 2019 • 8min

Thursday, October 31

The US Department of Justice settles with a key figure in the 1MDB scandal, shedding light on corruption. Apple shows robust accessory sales despite declines in smartphone demand. Boeing faces scrutiny over pilot training for the 737 Max and its safety risks. Additionally, the Federal Reserve cuts interest rates for the third time this year, sparking discussions about the economic outlook. These developments create a riveting landscape of accountability and shifting market dynamics.
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Oct 30, 2019 • 11min

Wednesday, October 30

British MPs are gearing up for a general election on December 12, stirring up debates on Brexit and party strategies. In the automotive world, Peugeot is eyeing a merger with Fiat Chrysler, creating waves in the industry. Meanwhile, Boeing's CEO faced tough questions from US senators regarding the safety of the 737 MAX after two tragic crashes. Additionally, a WhatsApp hack targeted journalists and dissidents, raising alarms about digital privacy and surveillance risks.
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Oct 29, 2019 • 9min

Tuesday, October 29

Rising costs hit Alphabet's third-quarter revenues, even as Google's ad business thrives. Boris Johnson aims for a December general election amidst UK political tensions. ByteDance is eyeing a Hong Kong IPO, and Beyond Meat celebrates its first quarterly profit since going public. In an exciting twist, Virgin Galactic makes its market debut as the first space tourism company to launch publicly, challenging competitors like SpaceX and Blue Origin. Corporate aviation also faces hurdles, notably Boeing's safety hearings.
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Oct 28, 2019 • 8min

Monday, October 28

Alberto Fernández's victory marks a significant shift in Argentina, highlighting the Peronist Party's return amid economic turmoil. The fallout from Lloyds Banking Group's mismanagement of deceased customers' wills raises serious ethical concerns. In a major development, President Trump announces the death of ISIS leader Abu Bakr al-Baghdadi, stirring discussions on global security implications. Meanwhile, Uber's ambitious plan to evolve into a super app aims to rival giants like WeChat, despite facing investor skepticism and financial hurdles.
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Oct 25, 2019 • 9min

Friday, October 25

Amazon's shares plummeted as profits dipped, stirring investor concerns. Boris Johnson is ramping up his call for a UK general election, adding to the political drama. In Europe, the Central Bank's decision to maintain interest rates marks a pivotal moment. Meanwhile, Paris is outpacing Berlin in the tech start-up scene. Lastly, Argentina's upcoming elections could see leftwing populists regain power, raising alarms for debt holders and complicating relations with the IMF.
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Oct 24, 2019 • 10min

Thursday, October 24

Tesla's shares jumped 20% after a surprising profit report. Meanwhile, Trump plans to lift Turkey's sanctions ahead of a NATO meeting, while WeWork announces significant job cuts. The UK faces Brexit challenges, with internal party divisions about elections. Plus, Mark Zuckerberg defends the contentious Libra digital currency amid mixed reactions, focusing on helping the unbanked, yet grapples with intense scrutiny and competition from China's digital currency.
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Oct 23, 2019 • 9min

Wednesday, October 23

British MPs show support for Boris Johnson’s Brexit plan, but his timeline faces hurdles. Meanwhile, the U.S. contemplates new trade talks with the EU over tariffs. Tensions rise as a top U.S. diplomat reveals aid to Ukraine was linked to political investigations. Turkey and Russia agree on a military strategy in Syria. In corporate news, Snapchat aims for profitability, and Boeing grapples with regaining trust after the 737 MAX crises, facing scrutiny from pilots and regulators alike.
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Oct 22, 2019 • 8min

Tuesday, October 22

Trudeau's Liberal party is poised for a minority government win in Canada, signaling political shifts. Meanwhile, SoftBank is eyeing a massive $9.5 billion takeover of WeWork. In Israel, Netanyahu is stepping back from coalition talks, opening doors for new leadership. IBM challenges Google's claims on quantum supremacy, stirring the tech debate. Lastly, a $48 billion settlement proposal emerges to tackle the opioid crisis, showcasing the scale of legal battles ahead.
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Oct 21, 2019 • 9min

Monday, October 21

Boris Johnson is making another push for Brexit approval amidst parliament challenges. A shocking cybersecurity revelation reveals Russian hackers disguising as Iranians to launch global attacks. Bill Winters, the CEO of Standard Chartered, faces backlash over his pension and plans a pay cut. Meanwhile, Canada heads to the polls with Prime Minister Justin Trudeau under scrutiny due to past scandals and voter skepticism. Election sentiments are charged as controversies and negativity shape the campaign landscape.
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Oct 18, 2019 • 9min

Friday, October 18

Boris Johnson is frantically seeking support for his contentious Brexit deal amidst parliamentary tensions. Meanwhile, Saudi Aramco has delayed its highly anticipated IPO, creating ripples in the market. Facebook unveils a new initiative aimed at protecting minors on its platform, reflecting growing concerns about online safety. In international news, Turkey pauses its military action in Syria while the U.S. considers easing sanctions. Lastly, Mick Mulvaney makes a revealing admission about Trump's call to Ukraine, adding fuel to the political fire.

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