FT News Briefing

FT News Briefing

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

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Colonial pipeline hackers didn’t mean to create problems, UK services’ Brexit struggles

Colonial pipeline hackers didn’t mean to create problems, UK services’ Brexit struggles

The hacker group blamed for the ransomware attack on the Colonial pipeline insisted it only wanted to make money and did not want to cause problems for society, tech stocks tumbled on Monday as invest...

11 Touko 20219min

US issues emergency powers to keep fuel flowing, CEO diversity promises

US issues emergency powers to keep fuel flowing, CEO diversity promises

The US government enacted emergency powers on Sunday in a bid to keep fuel supplies flowing after a cyberattack shut down a key pipeline, and European and US banks are split on whether to bring staff ...

10 Touko 202110min

Merkel opposes US move to waive vaccine IP, the drive behind the commodity supercycle

Merkel opposes US move to waive vaccine IP, the drive behind the commodity supercycle

Angela Merkel has expressed opposition to the Biden administration’s proposal to suspend intellectual property rights for Covid-19 vaccines, and Norway’s Telenor has written off its entire $782m inves...

7 Touko 202110min

US to support temporary suspension of Covid-19 vaccine patents,  India’s coronavirus crisis is affecting global shipping

US to support temporary suspension of Covid-19 vaccine patents, India’s coronavirus crisis is affecting global shipping

Stocks of major vaccine makers were rattled on Wednesday after the US decided to support a plan to temporarily suspend the intellectual property rights for Covid-19 jabs, and India’s coronavirus crisi...

6 Touko 20218min

Yellen says US interest rates may have to rise, European central banks lag in gender equality

Yellen says US interest rates may have to rise, European central banks lag in gender equality

Treasury secretary Janet Yellen said on Tuesday that US interest rates may need to rise so that the economy does not overheat, and US states and companies are offering all kinds of incentives to entic...

5 Touko 202110min

US banks move to reduce deposits, the Spac bubble deflates

US banks move to reduce deposits, the Spac bubble deflates

A wave of cash flooding bank balance sheets has prompted some US lenders to advise corporate clients to move money out of deposits, and Apollo has bought Verizon’s media assets including Yahoo for $5b...

4 Touko 202110min

Epic Games vs Apple, Serbs worry about pollution from Chinese investment

Epic Games vs Apple, Serbs worry about pollution from Chinese investment

The trial between Epic Games and Apple is set to kick off today, and the controversial Dakota Access Pipeline is back in federal court. Plus, the FT’s southeast Europe correspondent, Valerie Hopkins, ...

3 Touko 202110min

Amazon caps big week of tech earnings, Bafin’s Binance probe

Amazon caps big week of tech earnings, Bafin’s Binance probe

Amazon reported its second straight quarter of $100bn-plus sales, comfortably beating Wall Street’s targets, and the FT’s Elaine Moore looks at Apple’s results, which were boosted by iPhone sales. Als...

30 Huhti 202111min

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