FT News Briefing

Political unrest grips Hong Kong as protests erupt over a controversial extradition bill. In the UK, Boris Johnson emerges as a key player amidst Brexit uncertainties. Meanwhile, the U.S. announces plans for a military base in Poland to host 1,000 troops. On the financial front, homeowners in the U.S. are eagerly refinancing their mortgages, thanks to falling interest rates. Experts discuss how potential rate cuts from the Federal Reserve could further impact the housing market.

Elon Musk anticipates a record quarter for Tesla, stirring excitement in the auto industry. Meanwhile, Royal Dutch Shell is scaling back its ride-hailing ambitions in London. The British government is seeking new powers to block companies from the London Stock Exchange over national security. On the retail front, a crucial meeting about Arcadia's restructuring raises concerns over creditor approval and the potential fallout for store closures and rental agreements. The complexities of company voluntary arrangements and their implications for landlords are also discussed.

Europe's banking watchdog struggles to combat dirty money while the U.S. faces stalled data privacy talks. Nissan's CEO seeks harmony with Renault amidst these challenges. Meanwhile, unprecedented rainfall wreaks havoc on U.S. farming, delaying corn and soybean planting in the Midwest. Farmers are turning to technology and government support to adapt to these rapidly changing conditions. Experts discuss how these weather patterns tie into larger climate change trends, painting a picture of an uncertain agricultural future.

United Technologies and Raytheon join forces to form a $120 billion aerospace titan. Renault's move to block Nissan's governance changes sparks tensions in their partnership. Deutsche Bank uncovers significant issues in its payments screening processes. The race for Conservative Party leadership heats up, featuring 11 candidates vying for the top spot as Brexit uncertainties loom. Controversies surface surrounding a public figure's past, while candidates outline their strategies for navigating the complex political landscape.

Beyond Meat anticipates a surge in sales, while U.S. tariff discussions with Mexico loom. Mario Draghi's potential monetary policy shifts are on the horizon as he exits the European Central Bank. At a recent conference, industry leaders from CBS, NBC, and ABC delve into the evolving landscape of broadcast news influenced by the Me Too movement. They discuss enhancing journalistic integrity and the importance of grassroots storytelling as they strategize for future challenges in news coverage.

Fiat Chrysler has called off its €33bn merger with Renault, citing job security as a concern. The IMF's Christine Lagarde discusses the detrimental effects of U.S.-China tariffs on the global economy. YouTube intensifies its effort against hate speech by banning supremacist content. Additionally, the struggles of individuals attempting to erase personal information from data broker sites highlight ongoing challenges around online privacy and the need for better regulations.

David Malpass, the new World Bank president, expresses concerns about a global trade slowdown. President Trump predicts tariffs on Mexico are imminent, sparking mixed reactions among senators. Meanwhile, Renault hesitates on a major merger with Fiat Chrysler under pressure. The Federal Reserve is contemplating interest rate cuts in light of trade tensions and low inflation, as experts gather in Chicago to discuss future monetary policy. Economic uncertainty looms large, prompting adaptations in both national and global markets.

Tech giants face mounting antitrust scrutiny as Apple reveals new privacy features. Meanwhile, President Trump's UK visit takes a political turn after a state banquet with the Queen. The complexities of U.S.-Mexico relations emerge as new immigration policies disrupt established norms. Amid rising trade tensions, Mexico grapples with proposed tariffs and the challenge of maintaining its dignity while catering to U.S. demands, all against the backdrop of urgent supply chain issues.

Donald Trump kicks off his first state visit to the UK, navigating the complexities of a strained special relationship. Meanwhile, Blackstone makes waves with the largest private real estate deal ever. Tech giants in the U.S. are reassessing their supply chains amid the escalating U.S.-China trade tensions. Plus, insights from Apple’s Worldwide Developers Conference tease major updates, including the decline of iTunes and a pivot to new media strategies. Exciting times await for app developers as anticipated announcements loom.

Uber is breathing a sigh of relief as competition eases, potentially reducing its hefty losses. Meanwhile, tensions rise as President Trump warns of limiting intelligence sharing if Huawei participates in the UK’s 5G rollout. The retail landscape faces turmoil with disappointing performances from big names like Canada Goose and Gap. On the aviation front, the future of Boeing’s 737 Max hinges on resolving pilot training challenges amid regulatory scrutiny to ensure safety.