Wednesday, October 16
FT News Briefing16 Okt 2019

Wednesday, October 16

The US House of Representatives passed an act voicing strong support for Hong Kong pro-democracy protesters, and Boris Johnson was on Tuesday night locked in a race against time to secure a Brexit deal. Plus, the IMF slashes global growth forecasts, Rudy Giuliani refuses to comply with a congressional subpoena that is part of the impeachment inquiry investigating Donald Trump, and the price of WeWork’s bonds dropped to new lows on Tuesday. Then, the FT’s Laura Noonan tells us why some bankers are still optimistic about the IPO market, even after WeWork’s failed attempt to go public.

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Episoder(2214)

Extended chat: Top US trade official defends Trump’s record

Extended chat: Top US trade official defends Trump’s record

US trade representative Jamieson Greer is President Donald Trump’s top trade official. He has played a critical role in negotiations between Washington and its trading partners. This includes recent t...

5 Sep 19min

Top US trade official reveals ‘problem’ in UK negotiations

Top US trade official reveals ‘problem’ in UK negotiations

The US trade representative says the UK is choosing the EU over America and Deutsche Bank organised almost $1bn of loans to a Hollywood studio landlord now in default. Plus, Nvidia has agreed to buy A...

4 Sep 12min

Uber teams up with driver unions to fight robotaxis

Uber teams up with driver unions to fight robotaxis

Auditors warned Guggenheim Partners about weak controls within its business, and Uber is teaming up with driver unions to try to slow the rollout of robotaxis. Plus, US oil major Chevron and Italy’s E...

3 Sep 11min

Russia secretly helping Iran develop supersonic missiles

Russia secretly helping Iran develop supersonic missiles

An FT investigation found Russia has been secretly helping Iran develop advanced supersonic cruise missiles, the US launched fresh strikes on Iran, and the global bond sell-off deepened on Tuesday. Pl...

2 Sep 10min

How viable is Trump’s oil deal with Venezuela?

How viable is Trump’s oil deal with Venezuela?

Wall Street banks are pushing large law firms to cut fees because of AI, and analysts say Donald Trump’s Venezuela oil agreement may not succeed in attracting investment from US companies. Plus, Londo...

1 Sep 11min

AI’s threat to consulting

AI’s threat to consulting

Soaring demand for natural gas has pushed dealmaking to a decade high, the consulting industry is headed for an AI showdown with its own clients, and the Taliban wants to strike a minerals deal with t...

31 Aug 12min

EU policy could ice out closest trading partners

EU policy could ice out closest trading partners

Saudi Arabia’s sovereign wealth fund has replaced the chief executive at one of the country’s flagship real estate mega-projects, and global issuance of zero-interest convertible bonds is on track for...

28 Aug 11min

What Meta’s $18bn settlement means for social media

What Meta’s $18bn settlement means for social media

Nvidia reported strong sales, Meta has agreed to pay up to $18bn to settle its blockbuster social media addiction legal battle, and bond investors think that France is Europe’s new problem child. Plus...

27 Aug 11min

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