Thursday, November 21
FT News Briefing21 Nov 2019

Thursday, November 21

The US ambassador to the EU, Gordon Sondland, turns against Donald Trump in an explosive impeachment testimony, Saudi Arabia marginalises global banks in the final stage of Saudi Aramco’s flotation process and GM sues rival Fiat Chrysler, claiming FCA bribed officials of the UAW union during bargaining talks with GM. Plus, the FT’s Alistair Gray explains why Walmart is thriving once again.

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Episoder(2109)

The AI digital divide

The AI digital divide

Tesla’s profits rebounded from last year’s lows, Brent crude jumped back above $100 a barrel on Wednesday after Iran’s navy said it seized two commercial ships in the Strait of Hormuz, and China’s new...

23 Apr 12min

Senators grill Kevin Warsh in Fed chair hearing

Senators grill Kevin Warsh in Fed chair hearing

US President Donald Trump extended the ceasefire with Iran until talks conclude, and Federal Reserve chair nominee Kevin Warsh sidestepped accusations that he would succumb to pressure from Trump to c...

22 Apr 12min

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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 11min

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