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)

Oracle’s leadership shake-up

Oracle’s leadership shake-up

Nvidia said it planned to invest up to $100bn in OpenAI to support a massive build-out of artificial intelligence data centres, Oracle’s Safra Catz is stepping down as chief executive and the US is co...

23 Syys 202511min

Big Tech is losing a battle with Brussels

Big Tech is losing a battle with Brussels

US companies may have to pay billions in new fees to hire foreign workers, and US tech groups are losing a political battle in Brussels to gain access to the EU’s financial data market. Plus, the UK j...

22 Syys 202512min

Nvidia throws rival Intel a lifeline

Nvidia throws rival Intel a lifeline

Deutsche Bank chief executive Christian Sewing is set to be named as a defendant in legal proceedings, UK Prime Minister Sir Keir Starmer and US President Donald Trump did their best to present a unit...

19 Syys 202512min

The Fed changes course

The Fed changes course

The Federal Reserve has cut interest rates for the first time this year and China is banning its tech companies from buying AI chips made by Nvidia. Plus, how did the Swiss National Bank become one of...

18 Syys 202511min

Trump shifts power from shareholders to bosses

Trump shifts power from shareholders to bosses

The UK and US are set to announce deeper co-operation on digital assets such as cryptocurrencies, a UN commission concluded that Israel has committed genocide against Palestinians in Gaza, and Mario D...

17 Syys 202510min

Will the US and China make a trade deal?

Will the US and China make a trade deal?

Lisa Cook can remain a Federal Reserve governor for now, the US and China seem to be making progress in their trade talks, and the US and UK promised to boost financial ties ahead of a state visit by ...

16 Syys 202511min

Turkey’s opposition is under siege

Turkey’s opposition is under siege

Borrowing costs for the French government are outpacing some French corporations, and the threats to Turkey’s leading opposition party may be part of a wider push to change the country’s democracy. Pl...

15 Syys 202512min

Charlie Kirk’s killing leads to calls for retribution

Charlie Kirk’s killing leads to calls for retribution

Brazil’s supreme court has voted to convict former president Jair Bolsonaro for plotting a coup d’état, conservative activist Charlie Kirk’s killing led to calls on the right for retribution, and US i...

12 Syys 202512min

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