Snap Inc rises on advertising, US Department of Justice takes on Google, big tech regulation
Snap posted record revenues and attracted the highest-ever number of advertisers to its platform in the third quarter, and the US Department of Justice has accused Google of suppressing competition in...
21 Okt 20209min
Stimulus uncertainty, Conoco-Concho deal, China’s semiconductor push
US stocks slid on Monday as a deadline on US stimulus talks looms and coronavirus cases continue to rise, and ConocoPhillips is betting on a post-pandemic oil recovery with its plans to buy Concho Res...
20 Okt 20209min
European double-dip recession concerns, Sunak dangles lockdown money, Brexit market
Economists worry rising coronavirus infections and fresh government restrictions will cut short the region’s recent recovery, and UK chancellor Rishi Sunak is preparing to release tens of millions of ...
19 Okt 202010min
Remdesivir and Covid-19 deaths, Johnson set to force no deal, suburbanites in US election
The World Health Organization has found the Covid-19 treatment remdesivir does little to prevent deaths and Boris Johnson could push Brexit talks into crisis on Friday. Plus, the FT’s Washington burea...
16 Okt 202010min
Investors unimpressed by US bank earnings, Paris and The Hague team up on EU tech, Amazon logistics
France and the Netherlands jointly issued a call for the bloc’s competition authorities to take pre-emptive measures against big tech companies, and investors have been unimpressed by recent US bank e...
15 Okt 20209min
WTO Boeing-Airbus ruling, IMF’s warning, short-sellers target pandemic winners
The EU has been given the green light to hit almost $4bn of US goods with punitive tariffs in retaliation for illegal state aid to Boeing, and the IMF said the coronavirus crisis will wreak “lasting d...
14 Okt 20208min
US equities taking election polling to heart, US banks kick off earnings season, UK lockdowns
US stocks built on last week’s rally with investors assessing US presidential election polls that show a strong lead for former vice-president Joe Biden, and unemployment looks set to hit the UK’s you...
13 Okt 20209min
EU targets Big Tech with ‘hit list’, EM countries call for ambitious debt relief, EU countries on Brexit progress
EU regulators are drawing up a “hit list” of up to 20 large internet companies that will be subject to new and far more stringent rules, and government ministers of poor and indebted nations plead for...
12 Okt 20209min
