Tuesday, February 11
FT News Briefing11 Feb 2020

Tuesday, February 11

A federal judge is poised to approve T-Mobile’s takeover of Sprint, according to sources briefed on the matter, Donald Trump has put forward a budget proposal that slashes key planks of the US social safety net while preserving his tax cut, and the woman who was long seen as Angela Merkel’s successor, Annegret Kramp-Karrenbauer, said she would not run for German chancellor. Plus, nearly 150m Americans were compromised in the 2017 Equifax data breach. The FT’s Kadhim Shubber reports on why the US has blamed China.

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Episoder(2134)

BP’s major setback

BP’s major setback

Meta will cut 10% of its staff next month, BP suffered a heavy defeat at its annual shareholder meeting, and the Paramount–Warner Brothers Discovery deal is one step closer to being sealed. Plus, the ...

24 Apr 13min

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

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