Powell on US recovery, Nomura to boost private market focus, Taiwan travel scheme
Federal Reserve chair Jay Powell has warned that the US economy may not “fully recover” until the end of 2021, Japan’s oldest brokerage firm, Nomura, is poised to unveil a new strategic focus on priva...
18 Touko 202010min
The race for a vaccine, the story behind EBITDAC, BoE’s Bailey
The hunt for a coronavirus vaccine is central to global efforts to restart economies. The FT’s US coronavirus correspondent, David Crow, explains how nationalism could slow the fight against the pande...
15 Touko 20209min
Jay Powell calls for more fiscal stimulus, BMW’s dividend plan, CLO vulnerability
Federal Reserve chair Jay Powell said on Wednesday that additional fiscal stimulus may be “worth it” to shield the US economy from long-term economic damage due to the pandemic, meanwhile, OECD secret...
14 Touko 20208min
Global economic outlook worsening, dealmaking in the pandemic, looming EM debt crisis
The global economic outlook is still worsening, according to IMF managing director Kristalina Georgieva. Plus, the FT’s corporate finance and deals editor, Arash Massoudi, reports on the latest deal t...
13 Touko 202010min
Flaw in mass testing, BP chief weighs in on oil, rental car groups under pressure
The head of an Italian biotech company that sells Covid-19 diagnostic and antibody tests told the FT that demand far exceeded supply as countries put mass testing at the centre of plans to ease lockdo...
12 Touko 202010min
UK airlines seek government aid, WeWork rent, renewable energy defies market turmoil
UK airlines demanded “urgent additional government support” on Sunday warning that Boris Johnson’s plans to introduce a 14-day quarantine for people arriving in the UK by air will exacerbate the crisi...
11 Touko 20208min
Food delivery boosts Uber sales, US jobs preview, the fashion industry under lockdown
Uber reported stronger than expected first-quarter revenues on Thursday thanks to a surge in food delivery; India’s richest man, Mukesh Ambani, has sold a stake in his digital services group Reliance...
8 Touko 202010min
US-China trade, ECB to resist pressure from German court, Airbnb’s outlook
Donald Trump is weighing up more aggressive economic measures against China, The European Central Bank is expected to resist recent pressure from Germany’s constitutional court over its bond-buying pr...
7 Touko 20208min
