Wednesday, July 10
FT News Briefing10 Heinä 2019

Wednesday, July 10

Mexico’s finance minister, Carlos Urzúa, resigns over differences with President Andrés Manuel López Obrador, Levi Strauss shares slip after IPO costs weigh on its second quarter earnings and Boris Johnson dodges questions about Brexit and US relations in a UK Conservative party leadership debate. Plus, the FT’s Joe Rennison tells us about a new menace popping up in the leveraged loan market.

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Jaksot(2100)

India’s central bank governor cheers ‘goldilocks’ economy

India’s central bank governor cheers ‘goldilocks’ economy

BP chief executive Murray Auchincloss has said he will step down after less than two years in the role, India’s central bank governor expects the country’s interest rates to remain low for a ‘long per...

18 Joulu 202511min

JPMorgan swaps cash for Treasuries

JPMorgan swaps cash for Treasuries

Investors are snapping up Venezuela’s defaulted debt, JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023, and the US unemployment rate rose to its hi...

17 Joulu 202510min

EU-Mercosur trade deal hangs in the balance

EU-Mercosur trade deal hangs in the balance

Shell’s merger chief departed after a bid to acquire rival BP was quashed internally, and the EU’s top trade official warns the bloc would lose global credibility if it fails to approve its trade deal...

16 Joulu 202510min

Investors hunt for protection against AI debt bust

Investors hunt for protection against AI debt bust

A terror attack on a Jewish event in Sydney kills more than a dozen people. Plus, investors are increasingly concerned about how much debt is funding the AI boom, world leaders meet to discuss a peace...

15 Joulu 202512min

Disney and OpenAI team up

Disney and OpenAI team up

Cryptocurrency entrepreneur Do Kwon is sentenced to 15 years in prison on two counts of fraud, and the Walt Disney Company will allow OpenAI to use its characters in its flagship products. Plus, footb...

12 Joulu 202512min

Fed cuts rates amid growing division

Fed cuts rates amid growing division

The Federal Reserve cut interest rates by a quarter point, and Oracle shares fell on Wednesday after it reported disappointing revenues. Plus, there’s one conglomerate in Abu Dhabi dominating the econ...

11 Joulu 202510min

Australia is first country to ban social media for children

Australia is first country to ban social media for children

EU countries want to fast-track a decision to indefinitely immobilise up to €210bn in Russian sovereign assets, investors have increased bets that interest rates in major economies could diverge next ...

10 Joulu 202511min

A double bubble for gold and US equities

A double bubble for gold and US equities

Paramount has launched a $108bn hostile bid to buy Warner Bros Discovery, US natural gas prices are soaring as the country ships record amounts of the fuel overseas, and US President Donald Trump says...

9 Joulu 202510min

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