US stocks drop on Monday on coronavirus fears, European banks, Alibaba’s push into grocery delivery
FT News Briefing27 Okt 2020

US stocks drop on Monday on coronavirus fears, European banks, Alibaba’s push into grocery delivery

US stocks on Monday notched their biggest one-day drop in a month on fears that rising coronavirus infections will dampen business activity, and European banks get a lift from equities revenue. Plus, the FT’s China corporate tech reporter, Ryan McMorrow, explains how Alibaba is making a push into a crowded grocery delivery field.


Alibaba to pay $3.6bn to take control of Chinese supermarket chain Sun Art

https://www.ft.com/content/fb6dee7d-704e-444e-aa7f-32969296fb51


US stocks have worst day in a month as virus cases hit a record

https://www.ft.com/content/770938ee-c511-4332-968c-c290dd89cc33


Barclays recovers as bad debt charges fall

https://www.ft.com/content/8374dd0e-87c1-4b58-8c29-5cc4f45d3960


UBS pledges to boost payouts as pandemic impact diminishes

https://www.ft.com/content/10005024-87dc-41b8-abc4-728261b34bf0

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

Episoder(2109)

The AI digital divide

The AI digital divide

Tesla’s profits rebounded from last year’s lows, Brent crude jumped back above $100 a barrel on Wednesday after Iran’s navy said it seized two commercial ships in the Strait of Hormuz, and China’s new...

23 Apr 12min

Senators grill Kevin Warsh in Fed chair hearing

Senators grill Kevin Warsh in Fed chair hearing

US President Donald Trump extended the ceasefire with Iran until talks conclude, and Federal Reserve chair nominee Kevin Warsh sidestepped accusations that he would succumb to pressure from Trump to c...

22 Apr 12min

MPs chastise Starmer over Mandelson scandal

MPs chastise Starmer over Mandelson scandal

Tim Cook will step down as Apple’s chief executive in September, representatives for US President Donald Trump’s ‘Board of Peace’ held discussions with DP World about managing supply chains in Gaza, a...

21 Apr 12min

Brussels’ plan to ease the energy crisis

Brussels’ plan to ease the energy crisis

US President Donald Trump said he’s sending senior officials to Pakistan for new negotiations with Iran, the European Commission will encourage remote working and public transport subsidies to cut fos...

20 Apr 11min

Bonus: A US shale pioneer on the Middle East war

Bonus: A US shale pioneer on the Middle East war

Global oil markets have faced historic disruption since the Iran war began in February. The FT’s Jamie Smyth speaks with shale pioneer Scott Sheffield and his son Bryan about energy security and why t...

18 Apr 16min

Fresh challenge for US Treasuries dominance

Fresh challenge for US Treasuries dominance

President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury’s status as the world’s lowest-cost dollar borrower is facing a fresh challenge, and Netflix’s chair an...

17 Apr 12min

How the world is preparing for oil shortages

How the world is preparing for oil shortages

Gulf monarchies raised almost $10bn in private sales of bonds this month, oil shortages are coming if the Strait of Hormuz stays closed, and US President Donald Trump has renewed his threat to fire Fe...

16 Apr 12min

PwC plans overhaul of consulting business

PwC plans overhaul of consulting business

Ships are altering course as the US Navy’s blockade of the Strait of Hormuz continues into its third day, and PwC plans to overhaul its global consulting business. Plus, insurers are turning to catast...

15 Apr 11min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
stopp-verden
popradet
det-store-bildet
nokon-ma-ga
fotballpodden-2
rss-gukild-johaug
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-ness
hanna-de-heldige
aftenbla-bla
rss-espen-lee-usensurert
rss-dannet-uten-piano
rss-penger-polser-og-politikk
frokostshowet-pa-p5
bt-dokumentar-2