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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Rise of the neobank

Rise of the neobank

Two of the biggest oil companies in the Middle East scale down their acquisition sprees, and Wall Street’s comeback has dramatically narrowed the gap with European stocks. Plus, the US is lifting sanc...

1 Heinä 202511min

US banks are hungry for deals

US banks are hungry for deals

The Trump administration is paving the way for more US bank mergers, and China’s online retail giants are losing some key customers. Plus, the race to replace Federal Reserve Chair Jay Powell is heati...

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Labour MPs rebel against UK welfare reform

Labour MPs rebel against UK welfare reform

Some members of the UK's parliament fight back against proposed welfare cuts, and early intelligence suggests Iran’s uranium stockpile is still intact, officials say. Plus, the rise of sports gambling...

27 Kesä 202511min

Why markets are unfazed by the Middle East conflict

Why markets are unfazed by the Middle East conflict

Nato members decided on increased defence spending, the Federal Reserve is planning on cutting capital requirements for America’s biggest banks, and accounting firms are ready to open up to public mar...

26 Kesä 20259min

Iran's path forward

Iran's path forward

US stocks almost hit record highs amid possible de-escalation in the Middle East, and Johns Hopkins University professor Vali Nasr analyses Iran’s future. Plus, the US Federal Reserve chair signalled ...

25 Kesä 202510min

Will the wheels come off Nato?

Will the wheels come off Nato?

US president Donald Trump has said Israel and Iran have agreed a ceasefire, shifting priorities in the US are putting pressure on Nato members in Europe, and emerging markets defy US President Donald ...

24 Kesä 20259min

The US targets Iran’s nuclear programme

The US targets Iran’s nuclear programme

The US is now using force to try to eliminate Iran’s nuclear programme, and new tariffs on US household goods take effect. Plus, the chief executive of a Russian burger chain is petitioning President ...

23 Kesä 202511min

EU pushes a UK-style trade deal with the US

EU pushes a UK-style trade deal with the US

Russia’s war-time economy is slowing down, and the EU is negotiating a trade deal with the US to keep some tariffs in place. Plus, the Bank of England votes to hold interest rates steady, and a UN off...

20 Kesä 202512min

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