Facebook unveils online shopping venture, EU recovery fund, SoftBank’s future
FT News Briefing20 Mai 2020

Facebook unveils online shopping venture, EU recovery fund, SoftBank’s future

Facebook has unveiled a shopping service that puts it in direct competition with Amazon and eBay, and a €500bn EU recovery fund put forward by Germany and France is facing some resistance. Plus, SoftBank announced a record $13bn annual loss earlier this week. The FT’s Tokyo correspondent, Kana Inagaki, explains what is next for founder Masayoshi Son.


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Episoder(2220)

Fed and BoJ expect rate hikes as US bond market flails

Fed and BoJ expect rate hikes as US bond market flails

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Oil hits $108 ahead of Iran’s meeting with Gulf states

US long-term borrowing costs surged to their highest level in more than two decades, and Gulf foreign ministers plan to meet their Iranian counterpart to negotiate a deal temporarily managing shipping...

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AI rewrites the venture capital playbook

AI rewrites the venture capital playbook

US government bond yields jumped to their highest level in almost three years, and the Japanese yen has strengthened this week. Plus, the IMF ditched a top candidate for chief economist at the last mi...

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DeepSeek mania spawns shadow market

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Anthropic declined to submit its latest model to Britain’s AI Security Institute for testing before release, Greece wants to become the next hedge fund hub, and crude prices jumped to nearly $100 a ba...

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Is the global maritime order breaking down?

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8 Sep 10min

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A foldable iPhone: John Ternus’s first test as Apple CEO

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7 Sep 11min

Extended chat: Top US trade official defends Trump’s record

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US trade representative Jamieson Greer is President Donald Trump’s top trade official. He has played a critical role in negotiations between Washington and its trading partners. This includes recent t...

5 Sep 19min

Top US trade official reveals ‘problem’ in UK negotiations

Top US trade official reveals ‘problem’ in UK negotiations

The US trade representative says the UK is choosing the EU over America and Deutsche Bank organised almost $1bn of loans to a Hollywood studio landlord now in default. Plus, Nvidia has agreed to buy A...

4 Sep 12min

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