US stocks drop on Monday on coronavirus fears, European banks, Alibaba’s push into grocery delivery
FT News Briefing27 Loka 2020

US stocks drop on Monday on coronavirus fears, European banks, Alibaba’s push into grocery delivery

US stocks on Monday notched their biggest one-day drop in a month on fears that rising coronavirus infections will dampen business activity, and European banks get a lift from equities revenue. Plus, the FT’s China corporate tech reporter, Ryan McMorrow, explains how Alibaba is making a push into a crowded grocery delivery field.


Alibaba to pay $3.6bn to take control of Chinese supermarket chain Sun Art

https://www.ft.com/content/fb6dee7d-704e-444e-aa7f-32969296fb51


US stocks have worst day in a month as virus cases hit a record

https://www.ft.com/content/770938ee-c511-4332-968c-c290dd89cc33


Barclays recovers as bad debt charges fall

https://www.ft.com/content/8374dd0e-87c1-4b58-8c29-5cc4f45d3960


UBS pledges to boost payouts as pandemic impact diminishes

https://www.ft.com/content/10005024-87dc-41b8-abc4-728261b34bf0

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

Jaksot(2107)

MPs chastise Starmer over Mandelson scandal

MPs chastise Starmer over Mandelson scandal

Tim Cook will step down as Apple’s chief executive in September, representatives for US President Donald Trump’s ‘Board of Peace’ held discussions with DP World about managing supply chains in Gaza, a...

21 Huhti 12min

Brussels’ plan to ease the energy crisis

Brussels’ plan to ease the energy crisis

US President Donald Trump said he’s sending senior officials to Pakistan for new negotiations with Iran, the European Commission will encourage remote working and public transport subsidies to cut fos...

20 Huhti 11min

Bonus: A US shale pioneer on the Middle East war

Bonus: A US shale pioneer on the Middle East war

Global oil markets have faced historic disruption since the Iran war began in February. The FT’s Jamie Smyth speaks with shale pioneer Scott Sheffield and his son Bryan about energy security and why t...

18 Huhti 16min

Fresh challenge for US Treasuries dominance

Fresh challenge for US Treasuries dominance

President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury’s status as the world’s lowest-cost dollar borrower is facing a fresh challenge, and Netflix’s chair an...

17 Huhti 12min

How the world is preparing for oil shortages

How the world is preparing for oil shortages

Gulf monarchies raised almost $10bn in private sales of bonds this month, oil shortages are coming if the Strait of Hormuz stays closed, and US President Donald Trump has renewed his threat to fire Fe...

16 Huhti 12min

PwC plans overhaul of consulting business

PwC plans overhaul of consulting business

Ships are altering course as the US Navy’s blockade of the Strait of Hormuz continues into its third day, and PwC plans to overhaul its global consulting business. Plus, insurers are turning to catast...

15 Huhti 11min

OpenAI investors question its valuation

OpenAI investors question its valuation

A key UK government official says Britain’s leaders have shown a “corrosive complacency” towards defence, OpenAI’s $852bn valuation is under increasing scrutiny from its own backers and fixed-income t...

14 Huhti 11min

Hungary ousts longtime prime minister Viktor Orbán

Hungary ousts longtime prime minister Viktor Orbán

Hungary’s prime minister Viktor Orbán concedes, US President Donald Trump says America will launch a naval blockade of the Strait of Hormuz after peace talks with Iran failed, and Wall Street banks ar...

13 Huhti 12min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-ootsa-kuullut-tasta
tervo-halme
rss-pinnalla
rss-podme-livebox
rss-asiastudio
otetaan-yhdet
aihe
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
radio-antro
rss-vaalirankkurit-podcast
rss-ulkopoditiikkaa
rss-mina-ukkola
rss-raha-talous-ja-politiikka
viisupodi
rss-virkkusvartti