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FT News Briefing

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Singapore wants to shake up its stock market

09 May 2024

Contributed by Lukas

Shares in Arm drop after it reports lacklustre revenue projections, Singapore is studying proposals to shake up its struggling stock market, EU countr...

Israel moves into Rafah

08 May 2024

Contributed by Lukas

Reddit's first-quarter earnings as a listed company surpass expectations, Israel threatened to expand its military operation in Rafah, and TikTok file...

Paramount’s a long way from its peak

07 May 2024

Contributed by Lukas

SoftBank is leading an investment of more than $1bn into a UK self-driving car start-up, and poppy and marijuana farming money is disappearing from ru...

Xi’s balancing act with Europe

06 May 2024

Contributed by Lukas

Warren Buffett said Greg Abel should have the final decision on investments at Berkshire Hathaway, the US and Europe disagree on how to manage Russia’...

Swamp Notes: The uproar at American universities

04 May 2024

Contributed by Lukas

Student-led protests against Israel’s war in Gaza have spread across the US in recent weeks, with demonstrators building tent encampments on univers...

The murky moves behind the yen

03 May 2024

Contributed by Lukas

Apple’s revenue fell 4 per cent in the first three months of 2024, Japan apparently intervened several times this week to support the yen, and US re...

Higher rates for even longer (and longer)

02 May 2024

Contributed by Lukas

The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, and cruise operator Viking Holdings rose on its mark...

Private equity’s green thumb

01 May 2024

Contributed by Lukas

Strong sales at Amazon’s cloud computing division helped the Big Tech giant beat analyst estimates for revenue and profit, private capital is playin...

Scotland’s first minister resigns

30 Apr 2024

Contributed by Lukas

Humza Yousaf is resigning as Scotland’s first minister, and WeWork’s senior creditors are poised to take control of the reorganised co-working spa...

Big Tech investors question AI pay-off

29 Apr 2024

Contributed by Lukas

Financial companies scramble to rework contracts after US Federal Trade Commission rule bans non-compete agreements, the largest western banks that re...

Swamp Notes: The Supreme Court weighs presidential power

27 Apr 2024

Contributed by Lukas

The US Supreme Court set out to answer a big constitutional question on Thursday: can a president be charged for potential crimes committed while in o...

A mining industry mega-deal

26 Apr 2024

Contributed by Lukas

Microsoft beat expectations for revenue and cloud sales, Alphabet shares rise by double-digits after first-quarter earnings beat expectations, markets...

What new US aid means for Ukraine

25 Apr 2024

Contributed by Lukas

Meta’s revenues jumped by more than a quarter in the first three months of the year, Brussels raided the offices of a Chinese security equipment sup...

Spotify grows up

24 Apr 2024

Contributed by Lukas

Tesla reported a 9 per cent decline in first-quarter revenue, Spotify kicked off a more mature era for its business after years of freer spending, and...

Taking the Byte out of TikTok

23 Apr 2024

Contributed by Lukas

The New York Stock Exchange is polling market participants on the merits of trading stocks around the clock, ByteDance ready to ‘move to the courts’...

Beijing bets on manufacturing

22 Apr 2024

Contributed by Lukas

Tesla shareholders are bracing for the carmaker’s worst earnings performance in seven years, oil markets have remained steady as Middle East tension...

Swamp Notes: How do you win Pennsylvania?

20 Apr 2024

Contributed by Lukas

Both Donald Trump and Joe Biden made campaign stops last week in Pennsylvania, whose 19 electoral votes could decide the outcome of the 2024 election....

Big business bets on Modi

19 Apr 2024

Contributed by Lukas

Netflix profits surged during the first quarter, global markets had a rocky week due to worries over US inflation, and India’s prime minister is get...

AI’s electricity problem

18 Apr 2024

Contributed by Lukas

Iran is exporting more oil than at any time for the past six years, EU leaders are debating whether to unify the bloc’s fragmented capital markets, ...

A glow-up for China’s state-owned enterprises

17 Apr 2024

Contributed by Lukas

Andreessen Horowitz hauls in one of the largest funds since the downturn in the tech sector, stocks from China’s state-owned enterprises are faring ...

CVC hopes third time’s the charm

16 Apr 2024

Contributed by Lukas

Goldman Sachs surpasses profit estimates by almost $1bn, CVC’s revived listing plan follows years of internal discord over whether the PE firm shoul...

Israel debates retaliation against Iran

15 Apr 2024

Contributed by Lukas

US lawmakers face new pressure to approve military aid for Israel, and Tianqi Lithium’s strategy is at risk as Chilean President Gabriel Boric’s g...

Swamp Notes: What’s the Republican party’s position on abortion?

13 Apr 2024

Contributed by Lukas

Donald Trump championed the reversal of Roe vs Wade. He even called himself the “most pro-life president” in US history. But with voters outraged ...

Prime money markets funds are in trouble

12 Apr 2024

Contributed by Lukas

Three more US regulators have opened probes into Morgan Stanley, managers are planning to shut or convert US prime money market funds ahead of new reg...

Higher for even longer

11 Apr 2024

Contributed by Lukas

Traders slashed bets on Federal Reserve interest rate cuts, the US audit regulator issued its biggest fine ever against KPMG, and the UK’s Lloyds Ba...

Ecuador’s ‘unprecedented’ Mexican embassy raid

10 Apr 2024

Contributed by Lukas

OpenAI and Meta are on the brink of releasing new artificial intelligence models, police in Ecuador stormed the Mexican embassy to arrest the former v...

TSMC doubles down on Arizona

09 Apr 2024

Contributed by Lukas

The US, UK and Australia on Monday said they were considering working with Japan in the trilateral Aukus security pact, the world’s biggest chipmake...

AI is coming for Google’s search

08 Apr 2024

Contributed by Lukas

Israel moves some of its troops from southern Gaza to prepare for an operation in the city of Rafah, Google is considering charging for AI-powered sea...

Swamp Notes: Inside Trump’s new inner circle

06 Apr 2024

Contributed by Lukas

Donald Trump’s first term as president featured mainstream Republican figures — respected military officials, centre-right policymakers, and neoli...

Pressure builds for early elections in Israel

05 Apr 2024

Contributed by Lukas

The supply of equity shares on the market is shrinking, more people in Israel are calling for early elections, and Prague says Russia is mounting cybe...

Tesla dip: blip or bust?

04 Apr 2024

Contributed by Lukas

Lower than expected eurozone inflation number bolsters expectations of ECB interest rate cuts by summer, People’s Liberation Army mobilisation units...

Thames Water hits the gutter

03 Apr 2024

Contributed by Lukas

Nato is trying to ‘Trump-proof’ funding for the war in Ukraine, Thames Water’s owners will start urgent restructuring talks, and birth rates are...

US and UK team up to study AI

02 Apr 2024

Contributed by Lukas

Three senior members of Iran’s Revolutionary Guards were killed on Monday in an air strike, research institutes in the US and UK will work together ...

EU takes on fake news ahead of elections

01 Apr 2024

Contributed by Lukas

Online fake news and hybrid campaigns increase ahead of European elections, investors are concerned about President Lula’s interventions in the econ...

Sam Bankman-Fried gets 25 years in prison

29 Mar 2024

Contributed by Lukas

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for his role in the collapse of the cryptocurrency exchange, and Thames Water shareh...

A new day dawns for the yen

28 Mar 2024

Contributed by Lukas

The end of negative interest rates in Japan threatens to bring a new era of volatility for the yen, and Florida and Disney resolve a legal dispute. Pl...

Trump’s Truth Social hits the Nasdaq

27 Mar 2024

Contributed by Lukas

Shares in Donald Trump’s social media business soared following its New York market debut, and Visa and Mastercard have agreed to cut their US trans...

Why Russia was caught off guard

26 Mar 2024

Contributed by Lukas

The UN Security Council passed a resolution demanding a ceasefire in Gaza, the Ukraine war distracted Russian security forces from addressing Islamist...

India’s quid pro quo trade strategy

25 Mar 2024

Contributed by Lukas

US and Japan’s security alliance gets a makeover, a record amount of money has flooded into US corporate bond markets this year, and India is using ...

Swamp Notes: Is Maga good for Biden?

23 Mar 2024

Contributed by Lukas

Democrats have honed in on a novel campaign strategy over the past few election cycles: elevate Trump-backed candidates in GOP primaries, and then blo...

US prosecutors take a bite out of Apple

22 Mar 2024

Contributed by Lukas

Reddit shares soared during its public market debut, US prosecutors filed a landmark antitrust lawsuit against Apple, and the FT’s Sujeet Indap expl...

Why inflation is sticking around

21 Mar 2024

Contributed by Lukas

The west is focusing on new technology in nuclear energy to reduce reliance on Russia and carbon, and profits at Chinese ecommerce group PDD Holdings ...

Bank of Japan ditches negative rates

20 Mar 2024

Contributed by Lukas

Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European...

What Putin’s victory means for Russia

19 Mar 2024

Contributed by Lukas

Nvidia announced a new “superchip” and Vladimir Putin’s expected electoral victory is an inflection point for Russia. Plus, the FT’s Heba Sale...

It’s central bank week!

18 Mar 2024

Contributed by Lukas

Central banks take centre stage this week, Benjamin Netanyahu defies western allies over his strategy in Gaza, and the US National Labor Relations Boa...

Swamp Notes: The play for union power

16 Mar 2024

Contributed by Lukas

Union workers used to be a reliable pillar of the Democratic party’s voting coalition. Then Donald Trump arrived on the scene. The FT’s global bus...

Can Telegram clean up its act?

15 Mar 2024

Contributed by Lukas

The UAE is in talks to invest in OpenAI’s chip- making business and an Uber courier makes an app to fight against the company’s algorithms. Plus, ...

Ukraine strikes targets deep in Russia

14 Mar 2024

Contributed by Lukas

Far-right firebrand Geert Wilders has conceded he will not become prime minister of the Netherlands, Ukraine has stepped up drone strikes on oil refin...

The surprise winner of the US-China chip wars

13 Mar 2024

Contributed by Lukas

The EU and US found some stop-gap funding for weapons for Ukraine, China is scrapping a number of infrastructure projects in indebted regions, and US ...

Reddit hits the road ahead of IPO

12 Mar 2024

Contributed by Lukas

Reddit’s public offering could set the tone for start-ups looking to list in 2024, and the EU wants to give Ukraine up to €3bn. Plus, there are ne...

What we learned from the collapse of SVB

11 Mar 2024

Contributed by Lukas

America’s regulators say new rules will help maintain the dominance of US Treasuries, and there are still weaknesses in regional banking a year afte...

Swamp Notes: Did Biden's State of the Union hit the mark?

09 Mar 2024

Contributed by Lukas

Joe Biden was in the spotlight this week as he made his annual State of the Union address. It was his chance to not only speak directly to the America...

A look at Temu’s murky business model

08 Mar 2024

Contributed by Lukas

Instagram overtook TikTok in new app downloads last year, US President Joe Biden announced a plan to set up a port on the coast of Gaza to help facili...

Is private equity actually worth it?

07 Mar 2024

Contributed by Lukas

Bayer chief executive Bill Anderson has ruled out a fresh capital increase and Ghana’s finance minister is concerned that the country’s new anti-L...

China hopes for a big economic rebound

06 Mar 2024

Contributed by Lukas

Chancellor Jeremy Hunt will on Wednesday put a £10bn personal tax cut at the heart of his Budget, and China is setting a 5 per cent growth target for...

The politics behind the UK Budget

05 Mar 2024

Contributed by Lukas

Gold prices have surged close to record levels, and the EU has fined Apple €1.8bn as it boosts its fight against Big Tech. Plus, the FT’s Sam Flem...

Cracks widen in Israel’s war cabinet

04 Mar 2024

Contributed by Lukas

China has pledged “computing vouchers” to subsidise its AI startups, Bayer is still struggling to move past its Roundup woes, and an Israeli senio...

Swamp Notes: Biden and Trump’s immigration duel

02 Mar 2024

Contributed by Lukas

The issue of immigration might be Donald Trump’s biggest political boon ahead of the US election in November, but President Joe Biden went to the US...

Formula One’s road map to success

01 Mar 2024

Contributed by Lukas

The cost of Rishi Sunak’s plan to send asylum seekers to Rwanda could exceed £580mn by the end of the decade, and Toyota’s bet on hybrid vehicles...

McKinsey’s China problem

29 Feb 2024

Contributed by Lukas

Uber chief executive Dara Khosrowshahi has received about $136mn in stock options after hitting a performance target, and Adani is working to push Ind...

Should western troops go to Ukraine?

28 Feb 2024

Contributed by Lukas

Vladimir Putin’s forces have rehearsed using tactical nuclear weapons at an early stage of conflict with a major world power and Emmanuel Macron, pr...

Sweden set to join the Nato club

27 Feb 2024

Contributed by Lukas

Sweden is set to become a Nato member, the UK Financial Conduct Authority is planning to name firms under investigation at a much earlier stage, and M...

Biotech is back

26 Feb 2024

Contributed by Lukas

Israel plans to raise debt and taxes to fund its war in Gaza and global house prices are on the rise. Plus, FT correspondent Paola Tamma discusses som...

Swamp Notes: Trump’s legal troubles

24 Feb 2024

Contributed by Lukas

Former US President Donald Trump is the subject of four criminal cases and several civil suits. That means the presumptive Republican nominee will be ...

Russia’s failed efforts to rebuild in Ukraine

23 Feb 2024

Contributed by Lukas

The UK and EU will on Friday sign a deal to co-operate more closely in tackling illegal immigration and criminal gangs, and Japan’s Nikkei 225 index...

HSBC profits nosedive

22 Feb 2024

Contributed by Lukas

Nvidia’s net income soared nearly 800 per cent in the latest quarter compared to the same period in 2022, HSBC reported an 80 per cent drop in quart...

Discover what’s in Capital One’s wallet

21 Feb 2024

Contributed by Lukas

Donald Trump is losing support from small donors, US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, and Barclays updated i...

Israel’s economy slumps

20 Feb 2024

Contributed by Lukas

Ukraine withdraws from Avdiivka, lacking weaponry and ammunition, and there are questions about OpenAI’s business model.Mentioned in this podcast:Is...

What next for Russia after Navalny?

19 Feb 2024

Contributed by Lukas

The European Union plans to hit Apple with a €500mn fine over music streaming, German companies make record investments in the US, and emerging mark...

Swamp Notes: Donald Trump takes on Nato (again)

17 Feb 2024

Contributed by Lukas

Donald Trump picked plenty of fights with Nato during his time in office. Now, even as war rages in Ukraine, candidate Trump is back at it. But is his...

Asset managers cool on climate group

16 Feb 2024

Contributed by Lukas

European Commision president Ursula von der Leyen says Europe’s military needs to step up and two of the world’s biggest asset managers are quitti...

Will Germany lead Nato?

15 Feb 2024

Contributed by Lukas

UK chancellor Jeremy Hunt is considering slashing public spending to fund pre-election tax cuts, Germany is looking to boost its defence spending at a...

Arm’s share price goes crazy

14 Feb 2024

Contributed by Lukas

Investors scaled back bets that the US Federal Reserve will begin cutting interest rates in May, and Arm shares soared after the UK chip designer...

Wall Street fell out of love with equity hedge funds

13 Feb 2024

Contributed by Lukas

US law firm Latham & Watkins is cutting off automatic access to its international databases for its Hong Kong-based lawyers, one of the oldest and...

Imran Khan rises again in Pakistan

12 Feb 2024

Contributed by Lukas

EY took on $700mn in debt for its failed “Project Everest” plan, and tech companies are shedding jobs in a pivot to AI. Plus, Shein is seeking Bei...

Untold: The Retreat, Ep. 1 - Dear Madison

11 Feb 2024

Contributed by Lukas

Introducing Untold: The Retreat, a new podcast from the special investigations team at the Financial Times. In the first episode of The Retreat, Madis...

Swamp Notes: Is it the economy, stupid?

10 Feb 2024

Contributed by Lukas

For decades, common political wisdom has held that Americans vote based on their satisfaction with the economy. But even as the US economy booms, with...

Chill out. Netflix is winning the streaming wars

09 Feb 2024

Contributed by Lukas

Ukraine’s President Volodymyr Zelenskyy dismisses his top commander, Gaza’s last refuge is Israel’s next target and OpenAI is on track to hit $2...

Your Uber profits have arrived

08 Feb 2024

Contributed by Lukas

Labour leader Sir Keir Starmer is set to announce the party is abandoning its target to spend £28bn a year on green investment, Uber has reported its...

The story behind the money going to Mexico

07 Feb 2024

Contributed by Lukas

Standard Chartered has sounded out UK political heavyweights Sir Charles Roxburgh and Sir Sajid Javid as potential candidates for its next chair, BP r...

Pakistan’s Imran Khan fights an election from jail

06 Feb 2024

Contributed by Lukas

China’s national chip champions expect to make next-generation smartphone processors as early as this year, and Northern Ireland is trying to chart ...

Turkey’s central bank chief steps down

05 Feb 2024

Contributed by Lukas

Plans for a code on how AI models can use copyrighted materials have stalled in the UK, and US forces carried out strikes against Iran-backed militant...

Swamp Notes: How money is shaping the 2024 US election

03 Feb 2024

Contributed by Lukas

Business leaders backed away from Donald Trump after his supporters attacked the US Capitol in 2021. Now, political donors are warming to the former p...

Big tech continues to rock

02 Feb 2024

Contributed by Lukas

Meta will reward shareholders with its first-ever dividend and an additional $50bn in share buybacks, US President Joe Biden has approved financial sa...

Viktor Orbán: the EU’s chief disrupter

01 Feb 2024

Contributed by Lukas

The US Federal Reserve held interest rates at a 23-year high, the EU’s battle with Hungarian prime minister Viktor Orbán could come to a head on Th...

Palestinians pay the price for UN allegations

31 Jan 2024

Contributed by Lukas

Microsoft reported record quarterly revenues, the IMF projects the Russian economy and the global economy will grow faster than previously expected, a...

China’s not so Evergrande

30 Jan 2024

Contributed by Lukas

Binance has bowed to pressure from customers who want to hold their assets with an independent custodian, a Hong Kong court has ordered property giant...

The challenges to a ceasefire in Gaza

29 Jan 2024

Contributed by Lukas

Brussels threatens to hit Hungary’s economy if Viktor Orbán vetoes Ukraine aid, the UN’s highest court orders Israel to limit harm to Palestinian...

Swamp Notes: GOP primaries and the power of incumbency

27 Jan 2024

Contributed by Lukas

So far the Republican primaries have had very few surprises. Former President Donald Trump continues to be the favourite. On the first episode of Swam...

How airlines are handling the Boeing fiasco

26 Jan 2024

Contributed by Lukas

The Federal Trade Commission has launched an inquiry into the partnerships between Big Tech cloud providers and generative AI companies, the European ...

There’s active interest in passive funds

25 Jan 2024

Contributed by Lukas

The US aviation regulator has blocked Boeing from expanding production of its most popular plane, the fight between Poland’s Donald Tusk and Andrzej...

Resuscitating Hong Kong’s stock exchange

24 Jan 2024

Contributed by Lukas

Turkey’s parliament has voted in favour of Sweden joining Nato and Arab nations are about to unveil a peace plan for Israel and Hamas. Plus, the FT’...

Can the yield curve still predict recessions?

23 Jan 2024

Contributed by Lukas

An inverted yield curve is sending jitters across the US economy, Japanese IT conglomerate Fujitsu is in hot water over its involvement in the UK&nbsp...

What’s next for Bitcoin ETFs?

22 Jan 2024

Contributed by Lukas

Poland secures EU concession to limit food exports from Ukraine, Ron DeSantis ends his bid for the White House, investors turn to BlackRock and Fideli...

What if AI knows your death date?

19 Jan 2024

Contributed by Lukas

UK chancellor Jeremy Hunt has signalled he wants to cut taxes further in the coming months, the conflict in the Red Sea is rekindling fears over oil a...

China is not out of the woods yet

18 Jan 2024

Contributed by Lukas

A top IMF official has warned that central banks need to move cautiously on cutting rates this year, BP has appointed interim boss Murray Auchincloss ...

The uphill battle to beat Trump

17 Jan 2024

Contributed by Lukas

Wage growth is slowing in the world’s largest economies, a federal judge stopped JetBlue’s planned deal to buy Spirit Airlines, and the EU’s tax...

US-owned ship attacked off Yemen

16 Jan 2024

Contributed by Lukas

Red Sea shipping route remains dangerous. What's behind Chinese carmaker BYD's success in the electric vehicle market? And new figures show Germany wa...

Taiwan defies China in election

15 Jan 2024

Contributed by Lukas

Taiwan’s presidential election shows that voters are willing to defy China, the 2024 US presidential election kicks off today, and American banks sa...

The world’s biggest mining project finally gets off the ground

12 Jan 2024

Contributed by Lukas

The US and the UK have carried out military strikes against Iran-backed Houthi rebels, US inflation numbers for December cool expectations for interes...

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