FT News Briefing

Big tech earnings, US economic data, early voters pour in for US presidential election

30 Oct 2020

Contributed by Lukas

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 pr...

European lockdowns worry investors, China’s Five-Year plan

29 Oct 2020

Contributed by Lukas

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...

Apple search, LVMH and Tiffany talk, social media testimony

28 Oct 2020

Contributed by Lukas

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 ...

US stocks drop on Monday on coronavirus fears, European banks, Alibaba’s push into grocery delivery

27 Oct 2020

Contributed by Lukas

US stocks on Monday notched their biggest one-day drop in a month on fears that rising coronavirus infections will dampen business activity, and Europ...

EU member states hesitate on recovery fund loans, upbeat Oxford vaccine trials, Brexit borders

26 Oct 2020

Contributed by Lukas

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 Uni...

Final US presidential debate, FDA approves remdesivir, Intel data hit by pandemic

23 Oct 2020

Contributed by Lukas

Donald Trump and his Democratic challenger, Joe Biden, clashed over issues from the pandemic to foreign policy in their final presidential election de...

US intelligence election warning, Apollo hit by Leon Black’s Epstein ties, report from Lagos

22 Oct 2020

Contributed by Lukas

The US director of national intelligence has warned that Iran and Russia are attempting to influence American voters before the November 3 US election...

Snap Inc rises on advertising, US Department of Justice takes on Google, big tech regulation

21 Oct 2020

Contributed by Lukas

Snap posted record revenues and attracted the highest-ever number of advertisers to its platform in the third quarter, and the US Department of Justic...

Stimulus uncertainty, Conoco-Concho deal, China’s semiconductor push

20 Oct 2020

Contributed by Lukas

US stocks slid on Monday as a deadline on US stimulus talks looms and coronavirus cases continue to rise, and ConocoPhillips is betting on a post-pand...

European double-dip recession concerns, Sunak dangles lockdown money, Brexit market

19 Oct 2020

Contributed by Lukas

Economists worry rising coronavirus infections and fresh government restrictions will cut short the region’s recent recovery, and UK chancellor Rish...

Remdesivir and Covid-19 deaths, Johnson set to force no deal, suburbanites in US election

16 Oct 2020

Contributed by Lukas

The World Health Organization has found the Covid-19 treatment remdesivir does little to prevent deaths and Boris Johnson could push Brexit talks into...

Investors unimpressed by US bank earnings, Paris and The Hague team up on EU tech, Amazon logistics

15 Oct 2020

Contributed by Lukas

France and the Netherlands jointly issued a call for the bloc’s competition authorities to take pre-emptive measures against big tech companies, and...

WTO Boeing-Airbus ruling, IMF’s warning, short-sellers target pandemic winners

14 Oct 2020

Contributed by Lukas

The EU has been given the green light to hit almost $4bn of US goods with punitive tariffs in retaliation for illegal state aid to Boeing, and the IMF...

US equities taking election polling to heart, US banks kick off earnings season, UK lockdowns

13 Oct 2020

Contributed by Lukas

US stocks built on last week’s rally with investors assessing US presidential election polls that show a strong lead for former vice-president Joe B...

EU targets Big Tech with ‘hit list’, EM countries call for ambitious debt relief, EU countries on Brexit progress

12 Oct 2020

Contributed by Lukas

EU regulators are drawing up a “hit list” of up to 20 large internet companies that will be subject to new and far more stringent rules, and gover...

A new cold war, whiskey in days

09 Oct 2020

Contributed by Lukas

Tensions between Washington and Beijing reflect a shift in how America views Asia’s superpower. We'll look at how both Joe Biden and Donald Trump ar...

Lilly Covid drug, Vatican derivatives, UK mining corruption probe

08 Oct 2020

Contributed by Lukas

Eli Lilly, a US drugmaker, has applied for an emergency authorisation of its Covid-19 antibody in the US. According to documents seen by the Financial...

US stimulus talks end, Macy’s buys stake in Swedish fintech

07 Oct 2020

Contributed by Lukas

Donald Trump abruptly broke off talks with congressional Democrats on a new fiscal stimulus package until after next month’s presidential election, ...

Trump returns to White House, a fight over lithium batteries

06 Oct 2020

Contributed by Lukas

Donald Trump returned to the White House on Monday evening after three days of hospital treatment for coronavirus, although his doctor warned that the...

Trump’s Covid-19 case prompts questions, financial services in a post-Brexit world

05 Oct 2020

Contributed by Lukas

Donald Trump’s doctors said the president could be discharged from hospital today, after a weekend of mixed messages from the White House concerning...

Trump tests positive for Covid-19, EU sues UK over internal market bill, Trump & Biden compete over Ohio

02 Oct 2020

Contributed by Lukas

Donald Trump and his wife Melania have tested positive for Covid-19 and will start quarantine barely a month before the US presidential election, US p...

Moderna CEO: no vaccine before US election, digitising Japan’s economy, west’s gold investment

01 Oct 2020

Contributed by Lukas

Moderna Therapeutics’s chief executive told the Financial Times that the company would not have a vaccine ready before the US election, and Japan ad...

US presidential debate recap, EY’s Wirecard warning, JPMorgan spoofing settlement

30 Sep 2020

Contributed by Lukas

The first presidential debate quickly turned chaotic, and JPMorgan Chase will have to pay $920m in the largest ever spoofing settlement. Plus, the FT’...

Monday’s global equity market rebound, US voter suppression, 60/40 portfolio

29 Sep 2020

Contributed by Lukas

European stocks lead a global rally on Monday driven by investors scooping up shares in beaten-down sectors, and Donald Trump is beating back allegati...

Argentina bonds back in hot water, Swiss immigration vote, Scottish independence

28 Sep 2020

Contributed by Lukas

Argentina’s newly restructured dollar bonds have slumped in value less than a month after a deal was finalised to postpone debt payments, and Swiss ...

US Supreme Court nomination, Trump will not commit to a peaceful transition of power

25 Sep 2020

Contributed by Lukas

The FT’s DC bureau chief Demetri Sevastopulo explains the politics behind Donald Trump’s soon to be revealed Supreme Court justice nominee. Plus, ...

EU to crack down on sweetheart corporate tax deals, TikTok injunction, Turkey central bank

24 Sep 2020

Contributed by Lukas

Brussels steps up its campaign against sweetheart corporate tax deals in the EU, TikTok has asked a federal judge to prevent the Trump administration ...

Advertisers call truce with Facebook, coronavirus job toll, BoE on negative rates in near future

23 Sep 2020

Contributed by Lukas

Facebook, YouTube and Twitter have reached a deal with big advertisers on harmful content, the Covid-19 pandemic will destroy at least 100m jobs world...

Stocks dive on Monday, Tiffany gets speedy trial, Tesla’s annual stockholder meeting

22 Sep 2020

Contributed by Lukas

Global stocks suffered a heavy hit on Monday in a rush of nerves about potential new Covid-19 lockdowns, and LVMH’s attempt to walk away from its $1...

UK weighs new lockdown, ECB measures bond buying program, Trump on Chinese tech

21 Sep 2020

Contributed by Lukas

Rishi Sunak is set to extend the Treasury’s UK-wide programme of business support loans ahead of what’s expected to be a challenging winter for Co...

ByteDance pledges TikTok IPO, Mulvaney on Brexit, Biden tries to win with Latino voters

18 Sep 2020

Contributed by Lukas

ByteDance has agreed to list TikTok on a US stock market at some point after its proposed partnership deal with American software group Oracle, and Do...

Fed eyes low rates until 2023, Trump calls for stimulus, Snowflake IPO

17 Sep 2020

Contributed by Lukas

The Federal Reserve projects no interest rate increases until at least the end of 2023, and US President Donald Trump has urged Senate Republicans to ...

TikTok set to become standalone US company, central banks preview, Nikola fights off fraud claims

16 Sep 2020

Contributed by Lukas

ByteDance will place TikTok’s global business in a new US-headquartered company with Oracle investing as a minority shareholder, FedEx delivered a f...

White House reviews TikTok deal, Nvidia’s Arm Holdings deal, VW on ‘Dieselgate’

15 Sep 2020

Contributed by Lukas

The Trump administration will review the “technical partnership” deal struck between Oracle and ByteDance before deciding whether to approve the a...

SoftBank take-private talks, Netflix to outspend on content, economic stimulus in Germany vs France

14 Sep 2020

Contributed by Lukas

SoftBank executives have revived discussions about taking the technology group private, and Netflix is expected to outspend all its major rivals on en...

Brussels threatens UK with legal action, Citi’s new CEO, Japan PM favourite

11 Sep 2020

Contributed by Lukas

Brussels has threatened legal action over the UK Brexit treaty breach, and Citigroup will become the first big Wall Street Bank to be run by a female ...

Wall Street keeps investing in China, ECB to discuss strong euro, LVMH vs Tiffany

10 Sep 2020

Contributed by Lukas

Some of Wall Street’s most powerful financial institutions are striking deals in China even as relations sour between Beijing and the US, and the Eu...

Apple countersues Epic Games, Slack revenue growth slowdown, Brexit friction

09 Sep 2020

Contributed by Lukas

Workplace messaging app Slack forecast a sharp revenue slowdown in the current quarter from the loss of customers due to the economic downturn, Apple ...

How the world has changed six months into the coronavirus pandemic

08 Sep 2020

Contributed by Lukas

It has been about six months since coronavirus shook the west. We’ll talk to the FT’s Gillian Tett and Hannah Kuchler about how the pandemic has c...

US tech stocks volatility, Apple’s commits to free speech and human rights policy, US space weapons

04 Sep 2020

Contributed by Lukas

The technology stocks that have powered US equities to record highs this summer went into sharp reverse on Thursday, and Apple has for the first time ...

ECB worries about strong euro, DHL warns of vaccine delivery issues, KKR eyes Japan

03 Sep 2020

Contributed by Lukas

The euro’s rise has top policymakers at the European Central Bank worried, German logistics giant Deutsche Post DHL has warned that two-thirds of th...

Investors brace for choppiness ahead of US election, Scottish independence, weak US dollar

02 Sep 2020

Contributed by Lukas

Traders ratchet up bets on a particularly turbulent US presidential election and a potentially messy aftermath, Nicola Sturgeon revives plans for a po...

Argentina debt holders greenlight restructuring, Lebanon’s new PM, European contact tracing woes

01 Sep 2020

Contributed by Lukas

Argentina has succeeded in restructuring almost all of its $65bn debt with private creditors, global equities enjoy their best August since 1986, and ...

EU’s raw materials warning, Abe replacement, why Wirecard’s auditors failed

31 Aug 2020

Contributed by Lukas

The European Commission plans to warn member states that the EU is overly reliant on importing critical raw materials, and Japan is getting ready to p...

Walmart joins Microsoft in TikTok bid, Fed moves on inflation policy, US athletes sit out games

28 Aug 2020

Contributed by Lukas

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 polic...

WHO skips Wuhan, Phil Hogan resigns, Hurricane Laura, Jackson Hole preview

27 Aug 2020

Contributed by Lukas

Western governments are concerned that a World Health Organization team investigating the origins of coronavirus did not visit Wuhan, EU trade commiss...

Covid-19 vaccine makers seek protections, US homebuilder stocks rise, Ant IPO

26 Aug 2020

Contributed by Lukas

European vaccine makers want EU exemptions that would protect them if there are problems with new Covid-19 vaccines, and low interest rates have helpe...

India to cut Huawei gear from network, insurers bet on pandemic, US vaccine row

25 Aug 2020

Contributed by Lukas

India is phasing out equipment from Huawei and other Chinese companies for its telecoms networks due to an escalating border dispute, investors have q...

Trump considers fast-tracking vaccine, dividends fall in pandemic, Neiman Marcus bankruptcy fallout

24 Aug 2020

Contributed by Lukas

The Trump administration is considering fast tracking a UK Covid-19vaccine for use in America ahead of the presidential election, and new research sho...

Huawei’s war, Chinese banks in Hong Kong, and the future of office workers

21 Aug 2020

Contributed by Lukas

Huawei employees are becoming increasingly worried about lay-offs after the US announced “death sentence” sanctions, Hong Kong investment bankers ...

Apple hits $2tn, Germany fears zombie companies, Biden goes green

20 Aug 2020

Contributed by Lukas

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 t...

Oracle considers TikTok, Putin and Belarus, and the rise of “blank-cheque companies”

19 Aug 2020

Contributed by Lukas

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 t...

Belarus protests intensify, Robinhood raises more funds, drilling in the Arctic

18 Aug 2020

Contributed by Lukas

Alexander Lukashenko, the strongman president of Belarus, fought for his political future on Monday as protesters called on him to “resign”, stock...

Democrats probe post office, Italy’s economy shows signs of life, chocolate sales slump

17 Aug 2020

Contributed by Lukas

Senior Democrats have called the US postmaster general to testify before Congress amid election fears, pharmaceutical group CureVac has ruled out sell...

Israel and UAE peace deal, Trump vows to block postal vote funds, China treads cautiously

14 Aug 2020

Contributed by Lukas

Israel and the United Arab Emirates have reached a historic peace deal, Donald Trump has threatened to deprive the US post office of money needed for ...

SME’s lose big, UK GDP woes, remembering Sumner Redstone

13 Aug 2020

Contributed by Lukas

Small and medium-sized US companies suffered a wipeout in profits in the second quarter amid the Covid-19 crisis, Lyft reported a 61 per cent drop in ...

Biden chooses Kamala Harris as VP candidate, questions on Kodak loan, Russia’s Covid-19 vaccine

12 Aug 2020

Contributed by Lukas

Democrat Joe Biden has named Kamala Harris as his vice-presidential running mate, an Eastman Kodak board member donated $116m in company shares to an ...

Uber and Lyft told to reclassify drivers, Goldman vs Fed, Sweden’s pandemic

11 Aug 2020

Contributed by Lukas

A judge in California has ordered Uber and Lyft to reclassify their drivers as employees, and the Federal Reserve has turned down Goldman Sachs’ req...

Deals resurgence, aid to Beirut, internal pushback at Nike

10 Aug 2020

Contributed by Lukas

A series of blockbuster deals has led a resurgence in M&A activity since the start of July, and international donors agreed to fund €250m in eme...

Uber Eats fails to offset ride-sharing collapse, Quicken Loans IPO, Microsoft bids for all of TikTok

07 Aug 2020

Contributed by Lukas

A surge in Uber’s food delivery business was unable to offset a 75 per cent drop in global ride-sharing, Quicken Loans stock jumped 20 per cent in i...

US lawmakers probe loan to Kodak, Zynga earnings, Biden spending

06 Aug 2020

Contributed by Lukas

US lawmakers have launched an investigation into a $765m loan by the US government to Eastman Kodak, and two companies, Zynga and Etsy, reported stron...

Beirut explosion, ETF gold spree, UK tax authority takes on General Electric

05 Aug 2020

Contributed by Lukas

Dozens are dead and thousands injured after an explosion rocked Beirut, an income hit at Disney’s theme park has caused a knock on the company’s p...

Trump reverses on TikTok, WTO candidates on judicial system, oil earnings

04 Aug 2020

Contributed by Lukas

US President Donald Trump reversed course and dropped his opposition to Microsoft’s bid for TikTok, two leading candidates to head the World Trade O...

US vows action on Chinese tech, William Spriggs on US labour market

03 Aug 2020

Contributed by Lukas

The Trump administration has vowed to “take action” against Chinese software companies that it perceives as a risk to security. Plus, William Spri...

US big tech companies report colossal earnings, US GDP down, companies cling to share buybacks

31 Jul 2020

Contributed by Lukas

Facebook, Amazon, and Apple all reported stellar revenue increases in the latest quarter. The FT’s Richard Waters will explain what that means in th...

Big tech hearings, Qualcomm-Huawei deal, 1MDB scandal

30 Jul 2020

Contributed by Lukas

American lawmakers grill the chief executives of four US tech groups over unfair competition accusations, Qualcomm shares soared to a record high afte...

Big tech antitrust hearings, Moderna prices vaccine, Fed extends emergency lending

29 Jul 2020

Contributed by Lukas

Moderna is pitching its coronavirus vaccine at about $50 to $60 per course, the Federal Reserve has announced that it will extend emergency lending fa...

Investors fear US virus toll, MLB virus scare, European bank earnings

28 Jul 2020

Contributed by Lukas

Senate Republicans unveiled a White House-backed plan for $1tn in new stimulus that would cut emergency unemployment benefits by two-thirds, the dolla...

Republicans to unveil US stimulus offer, coronavirus curbs European travel, Brexit talks

27 Jul 2020

Contributed by Lukas

Republicans are set to unveil their proposals for a fresh round of stimulus today, US oil companies have increased production following the price cras...

Goldman seeks capital relief, Intel delays launch of next generation chips, US jobs recovery stalls

24 Jul 2020

Contributed by Lukas

Goldman Sachs is pointing to its strong second quarter results in a pitch to the Federal Reserve for relief on its capital requirements, Intel shares ...

Tesla profit milestone, US vs China, ex-Wirecard CEO rearrested

23 Jul 2020

Contributed by Lukas

Tesla reported its fourth consecutive quarterly net profit on Wednesday, the fissure between the US and China continues to deepen with Washington orde...

UK-US trade talks, Trump warns of virus worsening, Latin American debt concerns

22 Jul 2020

Contributed by Lukas

The British government has abandoned hopes of reaching a US-UK trade deal ahead of this autumn’s American presidential election, and Donald Trump to...

EU leaders close in on recovery fund deal, Testing crunch warning, US economic rebound halted

21 Jul 2020

Contributed by Lukas

EU leaders are closing in on a deal for a landmark coronavirus recovery package, the largest laboratory company in the US, Quest Diagnostics, has warn...

Deadlock on EU recovery fund, Argentina’s plea to creditors, TikTok trouble

20 Jul 2020

Contributed by Lukas

EU leaders spent the weekend locked in marathon summit talks over Europe’s proposed €750bn response to the coronavirus pandemic, and Albert Ferná...

US considers blacklist for TikTok, Netflix pandemic surge wanes, FBI investigates Twitter hack

17 Jul 2020

Contributed by Lukas

The US is considering putting TikTok on a blacklist that would effectively prevent Americans from using the popular video app, Netflix warns investors...

Twitter accounts hacked, US vs Nord Stream 2, Apple victorious in EU battle over Irish back taxes

16 Jul 2020

Contributed by Lukas

Twitter experienced an unprecedented hack on Wednesday when bitcoin scammers sent a series of tweets from hundreds of accounts, Opec and Russia move t...

US steps up sanctioning powers against China, Moderna vaccine early results, US banks braced for loan losses

15 Jul 2020

Contributed by Lukas

President Donald Trump signed legislation on Tuesday that gives his administration more power to impose sanctions on Chinese officials, the Trump admi...

EU to go after low-tax countries, California rolls back reopening plans, European summer tourism

14 Jul 2020

Contributed by Lukas

Brussels is planning to pursue low-tax member states over their advantageous corporate tax regimes, California is rolling back its reopening effort du...

UK to curb Huawei’s 5G role, WeWork says it’s on track for profits in 2021, OCC warning

13 Jul 2020

Contributed by Lukas

Boris Johnson is set to unveil plans this week to phase Huawei out of the UK’s 5G mobile phone networks, WeWork’s executive chairman tells the Fin...

Banks and the Hong Kong autonomy act, Wirecard’s Jan Marsalek, Boohoo scrutiny

10 Jul 2020

Contributed by Lukas

US and European banks in Hong Kong are conducting emergency audits of their clients to identify officials and corporates that could face possible US s...

Interview with Christine Lagarde, UK business reacts to Sunak’s plan, US hits 3m Covid-19 cases

09 Jul 2020

Contributed by Lukas

In an interview with the FT, European Central Bank president Christine Lagarde said that “women are the first victims” of events such as a pandemi...

Trump withdrawing from WHO, Italian mafia bonds, US offshore wind power

08 Jul 2020

Contributed by Lukas

The US has begun the process of leaving the World Health Organization, the FT reports that international investors bought bonds backed by the crime pr...

Social media groups block HK authorities, PPP loans, day trading dangers

07 Jul 2020

Contributed by Lukas

Facebook, Google and Twitter have all said they would temporarily block Hong Kong’s authorities from accessing user data despite threats from the go...

Repairing the social and economic damage brought by the pandemic

06 Jul 2020

Contributed by Lukas

Covid-19 has been a global shock. But will it be a transformative one? In this special edition of the FT News Briefing, the FT’s chief economics com...

UK wants final say on Virgin-O2 deal, retail goes digital in pandemic, US jobs

03 Jul 2020

Contributed by Lukas

The UK’s Competition and Markets Authority is set to ask Brussels for full control over the review of the proposed £31bn merger between Virgin Medi...

July 4 virus spread concerns, EU looks into Google Fitbit deal, Hong Kong under new national security law

02 Jul 2020

Contributed by Lukas

US public health experts are warning of a heightened risk of coronavirus transmission during US Independence Day celebrations, EU regulators are askin...

Dealmaking down, UK business warns on Brexit trade talks, Wirecard’s real business

01 Jul 2020

Contributed by Lukas

Coronavirus has brought an end to one of the longest waves in mergers and acquisitions history, more than 100 UK company chiefs, entrepreneurs and bus...

Wall Street banks net record fees, Johnson channels FDR, remdesivir cost

30 Jun 2020

Contributed by Lukas

Wall Street investment banks brought in a record amount of fees for fundraisings in the first six months of 2020 amid coronavirus, UK prime minister B...

Chesapeake files for bankruptcy, Facebook ad boycott, Singapore’s new corporate structure

29 Jun 2020

Contributed by Lukas

American shale pioneer Chesapeake Energy has filed for Chapter 11 bankruptcy, and dozens of brands are cancelling advertising on Facebook over the soc...

Wirecard insolvency, Brussels to probe German regulator, Federal Reserve bans buybacks

26 Jun 2020

Contributed by Lukas

Wirecard filed for insolvency on Thursday, days after the German payments group revealed a multiyear fraud that led to the arrest of its former chief ...

New Covid-19 cases hit US record, airlines tap debt markets, Bayer settlement

25 Jun 2020

Contributed by Lukas

Global markets dropped on Wednesday as rising Covid-19 cases  fuelled fears that the virus could derail an economic recovery, US airlines increas...

Ex-Wirecard CEO arrested, Trump scales back environmental rules, the new bond monarch

24 Jun 2020

Contributed by Lukas

Wirecard’s founder Markus Braun was arrested on suspicion of false accounting and market manipulation, and the Trump administration has eased Obama-...

Trump expands US immigration restrictions, Apple pivots away from Intel, inside Wirecard

23 Jun 2020

Contributed by Lukas

Donald Trump is set to extend a suspension of immigration into the US imposed in response to the coronavirus pandemic, and Apple is planning to transi...

Brexit optimism, coronavirus hits Senegal oil projects, targeting black unemployment in the US

22 Jun 2020

Contributed by Lukas

Boris Johnson will hammer out a new plan with senior ministers this week aimed at unblocking talks on Britain’s future relationship with the EU, and...

The inside story of a disgraced drugmaker

19 Jun 2020

Contributed by Lukas

Executives from drugmaker Insys were the first from the pharmaceutical sector to be handed prison time for their role in America’s opioid epidemic e...

US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale

18 Jun 2020

Contributed by Lukas

The US has suspended talks with European countries on a new global tax framework for technology companies, private equity groups in the US have been o...

Global stocks stay optimistic on central banks, Royalty Pharma IPO, US police reform

17 Jun 2020

Contributed by Lukas

Wall Street rallied on expectations of new aid for the US economy from the federal government and central bank, while Royalty Pharma pulled off the bi...

LGBTQ rights at work, EU unemployment, oil’s transition to cleaner energy

16 Jun 2020

Contributed by Lukas

The US Supreme Court ruled on Monday that LGBTQ workers are protected by federal civil rights laws in a landmark anti-discrimination decision, and Eur...

SoftBank financing, White House on unemployment benefits, French industry

15 Jun 2020

Contributed by Lukas

SoftBank has quietly poured more than $500m into Credit Suisse investment funds that in turn made big bets on the debt of struggling start-ups backed ...

Investors fear new Covid-19 wave, UK in border check U-turn, HSBC pressure

12 Jun 2020

Contributed by Lukas

Investors in US and European equities were rattled on Thursday after the Federal Reserve’s dire assessment of the US economy and fresh concerns of a...