TikTok set to become standalone US company, central banks preview, Nikola fights off fraud claims
FT News Briefing16 Sep 2020

TikTok set to become standalone US company, central banks preview, Nikola fights off fraud claims

ByteDance will place TikTok’s global business in a new US-headquartered company with Oracle investing as a minority shareholder, FedEx delivered a forecast-beating fiscal first quarter on the back of strong demand for international shipping, and investors will look to the Federal Reserve’s policy-setting committee today for more detail on the central bank’s new inflation policy. Plus, the FT’s motor industry correspondent, Peter Campbell, explains how truckmaker start-up Nikola is defending itself after a short seller’s report claimed the business was an “intricate fraud”.


TikTok set to become a standalone US company to satisfy White House

https://www.ft.com/content/58eb7c26-2154-477f-af19-19157ae29261


FedEx results deliver as pandemic drives ecommerce boom

https://www.ft.com/content/86e2dc79-e662-3d6f-8252-4ff5fe979fdd#post-54430


US Justice Department inquires into Nikola fraud claims

https://www.ft.com/content/a45a6638-167b-4e27-a9fd-576e7229f959


Germany to take in 2,750 migrants from Greek camps

https://www.ft.com/content/50be2fb8-215e-4780-8ece-3163e9ed0819

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