Wednesday, January 23
FT News Briefing23 Jan 2019

Wednesday, January 23

The Trump administration turns down an offer from China for preparatory trade talks, IBM records annual revenue growth for the first time since 2011 and pressure mounts on Tory Eurosceptics and the Democratic Unionist party to back Theresa May's Brexit deal. Plus, the FT's Lindsay Fortado tells us why two activist hedge funds have taken an interest in eBay.

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EU-Mercosur trade deal hangs in the balance

EU-Mercosur trade deal hangs in the balance

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Investors hunt for protection against AI debt bust

Investors hunt for protection against AI debt bust

A terror attack on a Jewish event in Sydney kills more than a dozen people. Plus, investors are increasingly concerned about how much debt is funding the AI boom, world leaders meet to discuss a peace...

15 Dec 202512min

Disney and OpenAI team up

Disney and OpenAI team up

Cryptocurrency entrepreneur Do Kwon is sentenced to 15 years in prison on two counts of fraud, and the Walt Disney Company will allow OpenAI to use its characters in its flagship products. Plus, footb...

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Fed cuts rates amid growing division

Fed cuts rates amid growing division

The Federal Reserve cut interest rates by a quarter point, and Oracle shares fell on Wednesday after it reported disappointing revenues. Plus, there’s one conglomerate in Abu Dhabi dominating the econ...

11 Dec 202510min

Australia is first country to ban social media for children

Australia is first country to ban social media for children

EU countries want to fast-track a decision to indefinitely immobilise up to €210bn in Russian sovereign assets, investors have increased bets that interest rates in major economies could diverge next ...

10 Dec 202511min

A double bubble for gold and US equities

A double bubble for gold and US equities

Paramount has launched a $108bn hostile bid to buy Warner Bros Discovery, US natural gas prices are soaring as the country ships record amounts of the fuel overseas, and US President Donald Trump says...

9 Dec 202510min

Federal Reserve set for divisive final 2025 rate decision

Federal Reserve set for divisive final 2025 rate decision

Europe seeks to rally support for Ukraine as US pressure builds, and there’s likely to be plenty of debate ahead of the Federal Reserve’s final rate decision of the year. Plus, how Netflix’s blockbust...

8 Dec 202512min

Big Four maintains stranglehold on UK audits

Big Four maintains stranglehold on UK audits

The Big Four accounting firms maintained their iron grip on auditing the UK’s largest companies last year, the industry watchdog has found. Plus, Japan’s economic normalisation could impact global bon...

5 Dec 202511min

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