Thursday, February 28
FT News Briefing28 Feb 2019

Thursday, February 28

The world’s largest sovereign wealth fund cuts its €1bn stake in Volkswagen almost in half, the UK Labour party formally comes out in favour of a second Brexit referendum and Russian hackers step up their campaign to disrupt the EU’s next elections. Plus, the FT’s Kadhim Shubber explains the biggest takeaways from the testimony of US President Donald Trump’s former lawyer, Michael Cohen.

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Bonus: Greenhouse’s Daniel Chait on standing out in a tough job market

Bonus: Greenhouse’s Daniel Chait on standing out in a tough job market

Daniel Chait is the CEO of Greenhouse, a hiring platform. He told us his tips for hiring managers, a couple of unethical uses of AI in hiring and whether or not this job market is worse than the one d...

21 Feb 14min

The great graduate job drought

The great graduate job drought

Donald Trump says the next 10 days will decide if the US strikes Iran or does a deal with the Islamic republic. Plus, the FT’s Anjli Raval explains just how bad the job market is for new graduates, an...

20 Feb 14min

Can bankers be fired for demanding sleep?

Can bankers be fired for demanding sleep?

JPMorgan Chase is in talks to provide banking services to US President Donald Trump’s Board of Peace, and investors have warned that loosening the UK’s borrowing limits to fund more spending on defenc...

19 Feb 11min

Warner Bros tells Paramount to make an offer it can’t refuse

Warner Bros tells Paramount to make an offer it can’t refuse

Meta has agreed to spend billions of dollars on millions of Nvidia’s chips, and Warner Bros Discovery has reopened sale talks with Paramount. Plus, Christine Lagarde has decided to leave her post as p...

18 Feb 11min

Orbán draws US support ahead of Hungary’s election

Orbán draws US support ahead of Hungary’s election

Hungary’s Prime Minister Viktor Orbán lashed out at Ukraine at a meeting with US secretary of state Marco Rubio in Budapest. Fund managers are betting against the US dollar. Shareholders push oil comp...

17 Feb 13min

What’s with Wall Street’s weird selloffs?

What’s with Wall Street’s weird selloffs?

Cross-border EU banking deals reached their highest level since the 2008 financial crisis, and regulation reversals are hitting global electric-vehicle makers. Plus, soaring gold prices are affecting ...

16 Feb 11min

Introducing 'The Kink Machine: The Hidden Business of Pleasure'

Introducing 'The Kink Machine: The Hidden Business of Pleasure'

It’s the most watched business in the world. And the least understood. Streamed by millions every day, porn is everywhere. It shapes our culture, our relationships and even technology. Yet, nobody see...

14 Feb 31min

Private equity’s workaround to buy law firms

Private equity’s workaround to buy law firms

The Trump administration plans to roll back some tariffs, Schroders agrees to a US takeover, and Americans paid 90 per cent of the cost of US President Trump’s tariffs last year. Plus, Goldman Sachs’ ...

13 Feb 12min

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