Monday, June 24
FT News Briefing24 Kesä 2019

Monday, June 24

Washington plans to impose fresh sanctions on Tehran and warns that Iran should not mistake US “prudence for weakness”, Ericsson’s head of US business says the UK’s plan to shut Huawei out of parts of its 5G network makes little technical sense and the US Federal Reserve quizzes Deutsche Bank over its “bad bank” plans. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains why the world’s top 500 companies are set to miss the climate goals outlined in the 2015 Paris agreement.

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Jaksot(2105)

Bonus: A US shale pioneer on the Middle East war

Bonus: A US shale pioneer on the Middle East war

Global oil markets have faced historic disruption since the Iran war began in February. The FT’s Jamie Smyth speaks with shale pioneer Scott Sheffield and his son Bryan about energy security and why t...

18 Huhti 16min

Fresh challenge for US Treasuries dominance

Fresh challenge for US Treasuries dominance

President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury’s status as the world’s lowest-cost dollar borrower is facing a fresh challenge, and Netflix’s chair an...

17 Huhti 12min

How the world is preparing for oil shortages

How the world is preparing for oil shortages

Gulf monarchies raised almost $10bn in private sales of bonds this month, oil shortages are coming if the Strait of Hormuz stays closed, and US President Donald Trump has renewed his threat to fire Fe...

16 Huhti 12min

PwC plans overhaul of consulting business

PwC plans overhaul of consulting business

Ships are altering course as the US Navy’s blockade of the Strait of Hormuz continues into its third day, and PwC plans to overhaul its global consulting business. Plus, insurers are turning to catast...

15 Huhti 11min

OpenAI investors question its valuation

OpenAI investors question its valuation

A key UK government official says Britain’s leaders have shown a “corrosive complacency” towards defence, OpenAI’s $852bn valuation is under increasing scrutiny from its own backers and fixed-income t...

14 Huhti 11min

Hungary ousts longtime prime minister Viktor Orbán

Hungary ousts longtime prime minister Viktor Orbán

Hungary’s prime minister Viktor Orbán concedes, US President Donald Trump says America will launch a naval blockade of the Strait of Hormuz after peace talks with Iran failed, and Wall Street banks ar...

13 Huhti 12min

US-Iran war boosts used electric vehicle sales

US-Iran war boosts used electric vehicle sales

Shipping through the Strait of Hormuz remains at a standstill, sales of used electric vehicles are surging in the US, and the International Monetary Fund is warning that the war’s shocks will be felt ...

10 Huhti 12min

The oil market navigates a shaky ceasefire

The oil market navigates a shaky ceasefire

The Middle East ceasefire is strained, the FT’s Jamie Smyth explains how the uncertainty is hitting oil markets and Pakistan has become a mediator between the US and Iran. Plus, the data chief of the ...

9 Huhti 11min

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