Friday, January 24
FT News Briefing24 Jan 2020

Friday, January 24

A powerful rebound in Intel’s data centre division drove a stronger than expected recovery in the final quarter of 2019, former Wells Fargo chief executive John Stumpf has agreed to pay $17.5m as part of a settlement with US regulators over the bank’s fake accounts scandal, and the European Central Bank begins its first strategic review in 16 years. Plus, the founder of the opioid maker Insys has been sentenced to five-and-a-half years in prison. The FT’s Hannah Kuchler explains what this means for other US pharmaceutical executives.

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Episoder(2103)

US investment banking expected to stay in the doldrums

US investment banking expected to stay in the doldrums

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Big Pharma markets left on a ‘patent cliff’-hanger

Big Pharma markets left on a ‘patent cliff’-hanger

India is set to reach a record year in initial public offerings and Big Pharma is facing a wave of patent expiration dates. Plus, Meta goes to trial over who to hold accountable for corporate scandals...

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Global copper market weighs Trump tariff threat

Global copper market weighs Trump tariff threat

The UK and France have pledged for the first time to co-ordinate the use of their nuclear weapons, and the copper markets are reeling from US President Donald Trump’s threat to impose 50 per cent tari...

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BCG tries to limit Gaza work fallout

BCG tries to limit Gaza work fallout

EU negotiators are closing in on a trade deal with Donald Trump that would cement higher tariffs than those granted to the UK, and Boston Consulting Group’s chief executive said the group’s involvemen...

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Liechtenstein's zombie-trust apocalypse

Liechtenstein's zombie-trust apocalypse

US President Donald Trump extended tariff deadlines, and Liechtenstein’s trust industry is in a crisis spurred by American sanctions against Russia. Plus, Shein filed for an initial public offering in...

8 Jul 202511min

US stocks: rally or overcorrection?

US stocks: rally or overcorrection?

Israeli Prime Minister Benjamin Netanyahu visits Washington DC today to discuss a Gaza ceasefire proposal with US President Donald Trump, and US stocks are booming again despite uncertainty about the ...

7 Jul 202510min

The cost of Trump’s ‘big, beautiful bill’

The cost of Trump’s ‘big, beautiful bill’

Donald Trump has secured passage of his flagship tax and spending legislation and the US jobs market exceeded expectations last month. Plus, the future of the UK’s National Health Service could be in ...

4 Jul 202511min

The mad dash for trade deals

The mad dash for trade deals

European CEOs are lobbying against AI regulations, and trade officials are rushing to make deals before US President Donald Trump’s tariffs take effect again. Plus, the Pentagon suddenly stalled some ...

3 Jul 202511min

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