Friday, February 28
FT News Briefing28 Helmi 2020

Friday, February 28

US equities closed in correction territory on Thursday on coronavirus concerns, while Saudi Arabia is asking its Opec allies to agree to a substantial cut in oil production to deal with crippling demand. Plus, a report from Beijing on how China is trying to get its factories back to work, and the FT’s Gillian Tett unpacks how the outbreak is affecting the global economy.

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Jaksot(2099)

Trump’s Russian oil sanctions shake energy markets

Trump’s Russian oil sanctions shake energy markets

US President Donald Trump’s sanctions on Russian oil companies shook energy markets on Thursday, and the US president pardoned Binance co-founder Changpeng Zhao. Plus, President Javier Milei’s economi...

24 Loka 202512min

Sequoia Capital’s free speech debate

Sequoia Capital’s free speech debate

Tesla said its quarterly profit fell by more than a quarter, Sequoia Capital’s chief operating officer resigned over comments made by partner Shaun Maguire that she regarded as Islamophobic, and UK in...

23 Loka 202511min

South Africans question future of Black empowerment policies

South Africans question future of Black empowerment policies

Netflix shares fell as a dispute with Brazilian tax authorities cut into its profits, Unilever said it has delayed the spin-off of its €15bn ice cream division because of the US government shutdown an...

22 Loka 202510min

Japan’s transformational coalition deal

Japan’s transformational coalition deal

European governments have rallied behind Ukrainian President Volodymyr Zelenskyy and are rushing to secure a deal on the use of Russia’s frozen assets, a coalition deal in Japan paves the way for Sana...

21 Loka 202511min

Why Beijing still loves its five-year plans

Why Beijing still loves its five-year plans

US President Donald Trump urged his Ukrainian counterpart to accept Russia’s war terms during Friday’s volatile White House meeting, and five-year plans still have a place in Chinese politics despite ...

20 Loka 202511min

Matcha mania strains Japan

Matcha mania strains Japan

Shares in US regional banks fell on Thursday after two lenders disclosed that they were exposed to alleged fraud by borrowers, and the UK economy grew 0.1 per cent in August. Plus, Japan is having a h...

17 Loka 202510min

A financial power grab in Turkey?

A financial power grab in Turkey?

Big investors are cutting back their exposure to riskier corporate debt, the IMF doled out some advice to the US and the UK, and China’s economy remained mired in deflation last month. Plus, Turkey’s ...

16 Loka 202511min

Investors turn to private economic data

Investors turn to private economic data

The leaders of Goldman Sachs, JPMorgan Chase and Citi warned that investor exuberance risked driving financial markets into bubble territory, and US investors are hunting for private data as the feder...

15 Loka 202511min

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