Thursday, February 27
FT News Briefing27 Feb 2020

Thursday, February 27

Donald Trump sought to defuse criticism of his handling of the coronavirus and predicted stock markets would be booming again, while investors are betting that central banks will respond to the financial fallout from the outbreak with stimulus, and Microsoft has warned that supply chain disruption due to the virus will cause the company to miss its revenue guidance for its Windows and Surface products. Plus, Walmart is exploring the sale of a stake in the UK supermarket chain Asda.

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Episoder(2104)

Disney and OpenAI team up

Disney and OpenAI team up

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Fed cuts rates amid growing division

Fed cuts rates amid growing division

The Federal Reserve cut interest rates by a quarter point, and Oracle shares fell on Wednesday after it reported disappointing revenues. Plus, there’s one conglomerate in Abu Dhabi dominating the econ...

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Australia is first country to ban social media for children

Australia is first country to ban social media for children

EU countries want to fast-track a decision to indefinitely immobilise up to €210bn in Russian sovereign assets, investors have increased bets that interest rates in major economies could diverge next ...

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A double bubble for gold and US equities

A double bubble for gold and US equities

Paramount has launched a $108bn hostile bid to buy Warner Bros Discovery, US natural gas prices are soaring as the country ships record amounts of the fuel overseas, and US President Donald Trump says...

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Federal Reserve set for divisive final 2025 rate decision

Federal Reserve set for divisive final 2025 rate decision

Europe seeks to rally support for Ukraine as US pressure builds, and there’s likely to be plenty of debate ahead of the Federal Reserve’s final rate decision of the year. Plus, how Netflix’s blockbust...

8 Des 202512min

Big Four maintains stranglehold on UK audits

Big Four maintains stranglehold on UK audits

The Big Four accounting firms maintained their iron grip on auditing the UK’s largest companies last year, the industry watchdog has found. Plus, Japan’s economic normalisation could impact global bon...

5 Des 202511min

Wall Street frets over Hassett as potential Fed chair

Wall Street frets over Hassett as potential Fed chair

Bond-market investors worry that the leading candidate for Fed chair is too close to US President Donald Trump, while HSBC finally picks its new chair. Plus, the EU has a last-minute plan to fund Ukra...

4 Des 202510min

AI chatbot race enters crunch phase

AI chatbot race enters crunch phase

Nigel Farage has told donors he expects to do an election deal with the Conservatives, and the race to narrow OpenAI’s dominance in the chatbot race. Plus, Eurozone inflation unexpectedly turns higher...

3 Des 202511min

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