SME’s lose big, UK GDP woes, remembering Sumner Redstone
FT News Briefing13 Elo 2020

SME’s lose big, UK GDP woes, remembering Sumner Redstone

Small and medium-sized US companies suffered a wipeout in profits in the second quarter amid the Covid-19 crisis, Lyft reported a 61 per cent drop in revenue in the same quarter but says it is seeing signs of a recovery, and Cisco warned of an even bigger drop-off in sales than it has experienced so far during the crisis. Plus, the FT’s Gavin Jackson reports on the UK’s latest GDP data. Then, we look back at the life of media mogul Sumner Redstone.


Lyft clings to signs of recovery after pandemic dents revenue

https://www.ft.com/content/938ea146-2699-4c2d-8511-e634d2d003f8?edit=true


Cisco sales warning raises spectre of broad IT spending decline

https://www.ft.com/content/f737c60e-d632-4eda-9e41-b181c3b5ca04?


Coronavirus makes for a brutal quarter for smaller US companies

https://www.ft.com/content/83d0c41f-be54-48e3-89fe-e78cda5f319c


UK economy suffers worst slump in Europe in second quarter

https://www.ft.com/content/c8b172e2-8f70-4118-9e81-423e9a4b6839


Sumner Redstone, media mogul, 1923-2020

https://www.ft.com/content/2414b9e4-5ef3-4e46-a760-9592f162e914


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

Jaksot(2099)

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Investors are snapping up Venezuela’s defaulted debt, JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023, and the US unemployment rate rose to its hi...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

Federal Reserve set for divisive final 2025 rate decision

Federal Reserve set for divisive final 2025 rate decision

Europe seeks to rally support for Ukraine as US pressure builds, and there’s likely to be plenty of debate ahead of the Federal Reserve’s final rate decision of the year. Plus, how Netflix’s blockbust...

8 Joulu 202512min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
tervo-halme
rss-pinnalla
rss-vaalirankkurit-podcast
the-ulkopolitist
otetaan-yhdet
rss-podme-livebox
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-asiastudio
et-sa-noin-voi-sanoo-esittaa
aihe
rss-polikulaari-pitka-kiekko-ja-muut-ts-podcastit
rss-kaikki-uusiksi
rss-50100-podcast
rss-ulkopoditiikkaa
rss-hyvaa-huomenta-bryssel