FT News Briefing20 Jul 2021

US businesses in Hong Kong between a rock and a hard place

Fears over the coronavirus on Monday contributed to European stocks’ worst session of 2021

Description: The threat of the Delta coronavirus variant hit global equity markets on Monday, and the online brokerage Robinhood is seeking a valuation of up to $35bn in its upcoming initial public offering. Plus, the FT’s South China correspondent Primrose Riordan reports that American companies are upset by the Biden Administration’s business advisory warning about the risks of operating in Hong Kong.

Global markets shaken by fears over Delta variant with Mamta Badkar, US breaking news editor

https://www.ft.com/content/5b2248be-8f0e-4235-ba2e-2187c96f16a6

Robinhood seeks valuation of up to $35bn in IPO with Madison Darbyshire, US investment reporter

https://www.ft.com/content/ae0c41a2-0f68-4331-984a-3fd9cf8b6fc2

Companies in Hong Kong fear being crushed between China and US with Primrose Riordan, south China correspondent

https://www.ft.com/content/0d56006e-2820-40b6-9643-4180146ea45f?

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.

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

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(2188)

JPMorgan walks into another football firestorm

Amazon reported accelerated cloud growth in the quarter to the end of June, and JPMorgan has walked into another football firestorm as it works on a plan with Fifa. Plus, Citadel bought Situational Aw...

31 Jul 13min

Fed holds rates as inflation fears grow

Meta and Microsoft reported quarterly earnings as investors raised concerns about AI spending, and the US Federal Reserve held interest rates steady. The Bank of Japan is also expected to leave rates ...

30 Jul 12min

The Big Tech earnings dilemma

Ukraine is shifting its long-range drone campaign to focus on critical Russian infrastructure, and Big Tech companies are facing an AI dilemma as they report quarterly earnings. Plus, Google DeepMind ...

29 Jul 12min

Ares’ big play in private equity

A crucial gauge of risk in holding the debt of companies at the centre of the AI boom has hit a record high, private capital group Ares Management has held talks to acquire Leonard Green & Partners, a...

28 Jul 12min

Hike or hold: Investors split ahead of Fed decision

Investors raised their bets the Federal Reserve will raise rates on Wednesday after this month’s jump in oil prices. And, firefighting efforts were boosted in France and Spain as “violent” wildfires r...

27 Jul 11min

Oil hits $100 and drives global bond sell-off

The US unveiled new tariffs to replace old ones, oil’s jump above $100 deepened a global bond sell-off, and thousands of supporters of the youth-led “Cockroach” movement in India continued protesting ...

24 Jul 12min

US oil refineries race against dwindling supply

Tesla reported its first cash burn in more than two years in the second quarter, and US oil refineries are running at full tilt as wars in the Middle East and Ukraine choke global supplies of fuels su...

23 Jul 10min

The US has $13bn in Venezuelan oil money. Where is it?

Ukraine has a new commander-in-chief after days of protests, and FT calculations show the US has collected more than $13bn in revenues from Venezuelan oil sales this year, but it's unclear what has ha...

22 Jul 10min