Powell signals hope for ‘more normal conditions’, US Russia sanctions, HSBC’s pivot east
Federal Reserve chairman Jay Powell spoke to Congress on Tuesday and indicated the central bank would maintain its ultra-loose monetary policy, the Biden administration is planning a broad package of ...
24 Feb 202110min
Tech stocks fall on inflation fears, Brazil’s oil intervention, Big Tech goes green
The Nasdaq Composite closed 2.5 per cent lower on Monday as rising inflation expectations undercut arguments for tech stocks’ high valuations, Brazilian markets were rattled after president Jair Bolso...
23 Feb 20219min
Johnson’s plan to lift lockdown, McKinsey leadership vote, UK probes Big Tech
UK prime minister, Boris Johnson, is set to lay out a road map for lifting England’s lockdown, HSBC is accelerating its “pivot to Asia”, and McKinsey’s 650 senior partners have begun voting on whether...
22 Feb 202110min
Macron’s FT interview, GameStop hearing, oil rises and US Treasuries tumble
In an exclusive interview with the FT, French president Emmanuel Macron urges wealthy countries to help poorer ones access coronavirus vaccines, and US lawmakers grill key players in the GameStop trad...
19 Feb 202111min
Facebook bans content sharing in Australia, Texas battles cold, China’s digital currency
Facebook has defied Australia’s push to make Big Tech pay for news by banning the sharing of content on its platform in the country, the oil and gas industry in Texas has buckled under the strain of a...
18 Feb 202110min
China’s rare earth mineral exports, Hong Kong stock trading, Amsterdam Spacs
China is exploring limits on exports of rare earth minerals that are crucial for the manufacture of American F-35 fighter jets, and stock trading volumes in Hong Kong have soared to four times those o...
17 Feb 20219min
Biden’s stimulus push, Texas blackouts, warehouse automation
President Joe Biden heads to Wisconsin to sell his stimulus plan, and the cold snap in Texas tests the state’s freewheeling electricity model. The pandemic’s online shopping surge has led to more ware...
16 Feb 20219min
EU to allow UK data flow, commodities boom, China's box office
Brussels is set to allow data to continue to flow freely from the EU to the UK. In Argentina, the country’s powerful vice president wants to postpone a crucial $44bn debt deal with the IMF until the p...
15 Feb 20218min
