Thursday, March 21
FT News Briefing21 Maalis 2019

Thursday, March 21

UK Prime Minister Theresa May makes a big gamble that risks a no-deal Brexit, the Federal Reserve signals it will hold rates steady all year as economic growth slows, Levi Strauss returns to the stock market with a $6.6bn valuation and retailer Williams Sonoma delivers an unusually rosy outlook for the year.

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Jaksot(2167)

London’s push for AI sovereignty

London’s push for AI sovereignty

The tech industry is having a renaissance in London. It's home to the main foreign outposts for giants such as Google and Meta, as well as their well-funded AI challengers including OpenAI and Anthrop...

6 Heinä 9min

Germany’s twin crises: football and the economy

Germany’s twin crises: football and the economy

The US economy fell short of Wall Street expectations by adding only 57,000 jobs in June, South Koreans are pouring AI stock windfalls into an overheated property market and investors in Blue Owl Capi...

3 Heinä 10min

UBS bets on the US

UBS bets on the US

OpenAI has discussed giving a 5 per cent stake to the US government, UBS will start trialling everyday banking services for its American employees within months, and dealmaking hit record levels in th...

2 Heinä 11min

Why Indonesians are souring on Prabowo

Why Indonesians are souring on Prabowo

Nato secretary-general Mark Rutte told the FT that Europe’s rearmament drive was sustaining 195,000 US defence jobs through $300bn in arms orders, and Bending Spoons’ initial public offering will test...

1 Heinä 11min

US Supreme Court blocks firing of Fed governor

US Supreme Court blocks firing of Fed governor

The US Supreme Court blocked President Donald Trump from firing Federal Reserve governor Lisa Cook, and investors are pivoting from the Magnificent Seven Big Tech stocks. Plus, foreign investors are w...

30 Kesä 11min

AI wakes up the sleepy US power sector

AI wakes up the sleepy US power sector

The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, and UK prime minister-in-waiting Andy Burnham will on Monday pledge to deliver “good growth in every postcode...

29 Kesä 11min

The Bethlehem Project: Steel’s legacy looms large

The Bethlehem Project: Steel’s legacy looms large

Bethlehem Steel was the lifeblood of Pennsylvanian town's economy, and a major contributor to American manufacturing during the 20th century. But when the local plant closed in the 1990s and the compa...

28 Kesä 20min

Jamie Dimon succession race narrows

Jamie Dimon succession race narrows

The race to succeed JPMorgan Chase chief executive Jamie Dimon just got tighter, and the investment chief at insurance group Allianz is warning that the SpaceX bond sale signals markets are in ‘bubble...

26 Kesä 12min

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