Market relief rally, ECB flexes, WeWork cash burn
FT News Briefing27 Mar 2020

Market relief rally, ECB flexes, WeWork cash burn

US stocks were up for a third straight day after the Senate agreed to a $2.2tn stimulus package Wednesday. The bill comes as a report on Thursday showed that a record 3.3m Americans filed for unemployment last week from the coronavirus shutdown. Plus, the European Central Bank is giving itself a tremendous amount of flexibility in its plan to buy €750bn in additional bonds to contain the fallout from the virus. And, WeWork burnt through $1.4bn last quarter, almost all the cash injection its principal backer SoftBank had most recently provided.


Hosted on Acast. See acast.com/privacy for more information.

Episoder(2099)

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

Who will be Disney’s next CEO?

Who will be Disney’s next CEO?

France has adopted a deficit-cutting budget for 2026 after months of political wrangling, and the FT’s Christopher Grimes tells us about the front runner to be Disney’s next CEO. Plus, US President Do...

3 Feb 11min

What would Kevin Warsh’s Federal Reserve look like?

What would Kevin Warsh’s Federal Reserve look like?

Europe’s largest oil companies are poised to curb share buybacks, and Kevin Warsh’s nomination to Fed chair could spark a rethink of how America’s central bank works. Plus, consumer giants deal with b...

2 Feb 12min

Blackstone lines up huge IPO pipeline

Blackstone lines up huge IPO pipeline

Apple reported a blockbuster rise in revenue last quarter, and Blackstone is preparing to take a series of long-held investments public. Plus, Canada’s oil industry is thriving as it pushes into Asian...

30 Jan 11min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
popradet
stopp-verden
forklart
det-store-bildet
lydartikler-fra-aftenposten
rss-ness
rss-gukild-johaug
fotballpodden-2
dine-penger-pengeradet
hanna-de-heldige
aftenbla-bla
nokon-ma-ga
rss-dannet-uten-piano
rss-penger-polser-og-politikk
rss-utenrikskomiteen-med-bogen-og-grasvik
e24-podden
bt-dokumentar-2