Tuesday, February 18
FT News Briefing18 Feb 2020

Tuesday, February 18

Apple has warned that disruption in China from the coronavirus will cause its revenues to fall short in the current quarter, Amazon founder Jeff Bezos has announced a $10bn fund to help fight climate change following intense criticism over the e-commerce group’s own environmental impact, and a start-up touted as the “Uber of dry cleaning” collapsed into administration on Friday, wiping out all of its investors, including British businessman Michael Spencer. Plus, the EU has rejected Facebook’s latest vision of how online content should be regulated. The FT’s Javier Espinoza reports on chief executive Mark Zuckerberg’s day in Brussels.

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Episoder(2102)

Private equity’s workaround to buy law firms

Private equity’s workaround to buy law firms

The Trump administration plans to roll back some tariffs, Schroders agrees to a US takeover, and Americans paid 90 per cent of the cost of US President Trump’s tariffs last year. Plus, Goldman Sachs’ ...

13 Feb 12min

A wacky US jobs report

A wacky US jobs report

The US economy added 130,000 jobs in January, beating market expectations, and documents appear to contradict testimony Jes Staley gave about his involvement with Jeffrey Epstein. Plus, Bangladesh is ...

12 Feb 11min

Should BP get more credit for its turnaround effort?

Should BP get more credit for its turnaround effort?

US commerce secretary Howard Lutnick said he visited Jeffrey Epstein’s island with his family in late 2012, Cuba is struggling under the US fuel embargo, and Ukrainian President Volodymyr Zelenskyy is...

11 Feb 10min

Novo Nordisk hits back at copycat drugs

Novo Nordisk hits back at copycat drugs

Gilts rebounded from earlier losses on Monday afternoon, and Novo Nordisk is suing US telehealth company Hims & Hers over ‘knock-off’ versions of its weight-loss drugs. Plus, France’s central bank chi...

10 Feb 11min

Pressure mounts on Starmer even as top aide resigns

Pressure mounts on Starmer even as top aide resigns

UK Prime Minister Sir Keir Starmer’s chief of staff resigned amid controversy over the Mandelson scandal, and Japan’s conservative governing party have won a landslide victory in snap elections. Plus,...

9 Feb 12min

A crunchy week for chipmakers

A crunchy week for chipmakers

Amazon’s new AI spending blitz sent shares tumbling, chipmakers got swept up in a wider tech equities sell-off, Sir Keir Starmer has apologised to the victims of Jeffrey Epstein for appointing Peter M...

6 Feb 12min

Jeffrey Epstein’s web of influence

Jeffrey Epstein’s web of influence

Google said it plans to spend at least $55bn more on capital expenditure this year than Wall Street had forecast, US tech stocks were hit by a fresh wave of selling on Wednesday, and the FT’s Chris Co...

5 Feb 12min

The Muskverse enters a new era

The Muskverse enters a new era

US tech stocks fell on Tuesday over AI concerns, Elon Musk is charting a new path for his “Muskverse” of companies, and the US military shot down an Iranian drone as Middle East tensions escalate. Plu...

4 Feb 11min

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