Biden edges towards victory, Bank of England stimulus, Uber earnings miss

Biden edges towards victory, Bank of England stimulus, Uber earnings miss

Joe Biden edged closer to a presidential victory on Thursday night while Donald Trump claimed without evidence that the Democrats were trying to “steal” the election. Plus, the Federal Reserve kept monetary policy steady, the Bank of England took more robust measures as the UK entered a second coronavirus lockdown, and Uber missed Wall Street’s expectations on earnings in the third quarter despite reporting an uptick in its ride-sharing business.


Donald Trump calls for vote counting to stop as US awaits result

https://www.ft.com/content/b922453a-166c-446f-a50e-6727309b8375


Federal Reserve keeps monetary policy steady as Covid cases rise

https://www.ft.com/content/3b577f14-c638-4536-aeb0-f63508e7e295


Bank of England launches £150bn stimulus to boost consumer spending

https://www.ft.com/content/18ade542-d2a9-438a-ba5c-37b51475993b


Uber and Lyft in driving seat to remake US labour laws

https://www.ft.com/content/78e619f4-fabe-4077-a51a-491e24492263


Uber claws back business as lockdowns ease but misses Wall Street target

https://www.ft.com/content/933458fc-4bd8-407f-be0f-6467e83b6173

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Episoder(2105)

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

OpenAI investors question its valuation

OpenAI investors question its valuation

A key UK government official says Britain’s leaders have shown a “corrosive complacency” towards defence, OpenAI’s $852bn valuation is under increasing scrutiny from its own backers and fixed-income t...

14 Apr 11min

Hungary ousts longtime prime minister Viktor Orbán

Hungary ousts longtime prime minister Viktor Orbán

Hungary’s prime minister Viktor Orbán concedes, US President Donald Trump says America will launch a naval blockade of the Strait of Hormuz after peace talks with Iran failed, and Wall Street banks ar...

13 Apr 12min

US-Iran war boosts used electric vehicle sales

US-Iran war boosts used electric vehicle sales

Shipping through the Strait of Hormuz remains at a standstill, sales of used electric vehicles are surging in the US, and the International Monetary Fund is warning that the war’s shocks will be felt ...

10 Apr 12min

The oil market navigates a shaky ceasefire

The oil market navigates a shaky ceasefire

The Middle East ceasefire is strained, the FT’s Jamie Smyth explains how the uncertainty is hitting oil markets and Pakistan has become a mediator between the US and Iran. Plus, the data chief of the ...

9 Apr 11min

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