Market relief rally, ECB flexes, WeWork cash burn
FT News Briefing27 Maalis 2020

Market relief rally, ECB flexes, WeWork cash burn

US stocks were up for a third straight day after the Senate agreed to a $2.2tn stimulus package Wednesday. The bill comes as a report on Thursday showed that a record 3.3m Americans filed for unemployment last week from the coronavirus shutdown. Plus, the European Central Bank is giving itself a tremendous amount of flexibility in its plan to buy €750bn in additional bonds to contain the fallout from the virus. And, WeWork burnt through $1.4bn last quarter, almost all the cash injection its principal backer SoftBank had most recently provided.


Hosted on Acast. See acast.com/privacy for more information.

Jaksot(2099)

Big Four maintains stranglehold on UK audits

Big Four maintains stranglehold on UK audits

The Big Four accounting firms maintained their iron grip on auditing the UK’s largest companies last year, the industry watchdog has found. Plus, Japan’s economic normalisation could impact global bon...

5 Joulu 202511min

Wall Street frets over Hassett as potential Fed chair

Wall Street frets over Hassett as potential Fed chair

Bond-market investors worry that the leading candidate for Fed chair is too close to US President Donald Trump, while HSBC finally picks its new chair. Plus, the EU has a last-minute plan to fund Ukra...

4 Joulu 202510min

AI chatbot race enters crunch phase

AI chatbot race enters crunch phase

Nigel Farage has told donors he expects to do an election deal with the Conservatives, and the race to narrow OpenAI’s dominance in the chatbot race. Plus, Eurozone inflation unexpectedly turns higher...

3 Joulu 202511min

Swiss prosecutors file charges against Credit Suisse and UBS

Swiss prosecutors file charges against Credit Suisse and UBS

UK pension funds are cutting back their exposure to US equities, and Swiss prosecutors have filed charges against Credit Suisse and its owner UBS over alleged organisational “deficiencies”. Plus, the ...

2 Joulu 202511min

Key week for Russia-Ukraine peace talks

Key week for Russia-Ukraine peace talks

Artificial intelligence is threatening starting consultancy salaries, and the push to end Russia’s years-long invasion of Ukraine continues this week. Plus, Revolut did not tell UK regulators its CEO ...

1 Joulu 202512min

The Wolf-Krugman Exchange: Trump’s ‘vibecession’

The Wolf-Krugman Exchange: Trump’s ‘vibecession’

As President Donald Trump approaches the one-year anniversary of his second term in office, the FT’s chief economics commentator Martin Wolf, and Nobel prize-winning economist Paul Krugman sit down to...

30 Marras 202542min

How AI is changing warfare

How AI is changing warfare

Artificial intelligence has the potential to disrupt almost every industry we work in, from manufacturing to stock trading. Defence is no exception, and at a time of rising global conflict, the questi...

28 Marras 20259min

UK Budget boosts taxes to all-time high

UK Budget boosts taxes to all-time high

S&P Global Ratings calls into question Tether’s ability to maintain its US dollar peg, and UK chancellor Rachel Reeves takes the wraps off the highly anticipated Budget. Plus, India’s booming steel pr...

27 Marras 202511min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-ootsa-kuullut-tasta
tervo-halme
rss-vaalirankkurit-podcast
rss-pinnalla
otetaan-yhdet
rss-podme-livebox
rss-asiastudio
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
aihe
linda-maria
rss-pallo-keskelle-2
rss-polikulaari-pitka-kiekko-ja-muut-ts-podcastit
rss-50100-podcast
rss-girls-finish-f1rst