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(2134)

Disney’s new CEO faces first challenge

Disney’s new CEO faces first challenge

The US and Iran traded fire in the Strait of Hormuz, and Anthropic formed a more than $1.5bn joint venture with Wall Street groups including Blackstone, Hellman & Friedman and Goldman Sachs. Plus, the...

5 Mai 10min

Global industries squeezed as Iran war enters third month

Global industries squeezed as Iran war enters third month

We tally the impact of war on industries around the globe as the conflict in Iran stretches into its third month. Plus, Britain braces for voters to deliver a potentially seismic change to the politic...

4 Mai 11min

Introducing The Story of Money: They are history’s geniuses. But were they any good at investing?

Introducing The Story of Money: They are history’s geniuses. But were they any good at investing?

Introducing a new video podcast from the FT: Does scientific, artistic or political brilliance translate into investing success? It’s a topical question with hedge funds today accused of sucking talen...

2 Mai 39min

War, inflation and how central banks are handling it all

War, inflation and how central banks are handling it all

Apple delivered another quarter of strong sales growth driven by what the tech giant called its “most popular” iPhone model ever, and we explore how some of the world’s biggest central banks are deali...

1 Mai 11min

Defence stocks drop despite US-Iran war

Defence stocks drop despite US-Iran war

Meta said it would boost its spending on AI this year, and Jay Powell says he will stay on as a Federal Reserve governor once his term as chair ends. Plus, the special relationship between the UK and ...

30 Apr 12min

Life under Iran’s digital blackout

Life under Iran’s digital blackout

Federal regulators launched a probe into all Disney-owned TV stations after a late-night comedian made a joke about First Lady Melania Trump, and emerging market stocks have recovered all of their los...

29 Apr 12min

Private equity deals where the seller is also the buyer

Private equity deals where the seller is also the buyer

The number of countries cutting energy taxes in response to the Iran war has doubled over the past month, and China blocked Meta’s $2bn purchase of the AI group Manus. Plus, big private equity backers...

28 Apr 11min

Senior Republican clears path for next Fed chair

Senior Republican clears path for next Fed chair

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27 Apr 11min

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