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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What would Kevin Warsh’s Federal Reserve look like?

What would Kevin Warsh’s Federal Reserve look like?

Europe’s largest oil companies are poised to curb share buybacks, and Kevin Warsh’s nomination to Fed chair could spark a rethink of how America’s central bank works. Plus, consumer giants deal with b...

2 Feb 12min

Blackstone lines up huge IPO pipeline

Blackstone lines up huge IPO pipeline

Apple reported a blockbuster rise in revenue last quarter, and Blackstone is preparing to take a series of long-held investments public. Plus, Canada’s oil industry is thriving as it pushes into Asian...

30 Jan 11min

Investors love heavy metal

Investors love heavy metal

Tesla on Wednesday reported its first-ever fall in annual revenue, Donald Trump has warned Iran that “time is running out” to reach a deal to avert US military action, and the Federal Reserve kept int...

29 Jan 12min

US health insurer stocks call in sick

US health insurer stocks call in sick

US health insurance stocks plunged yesterday, and New Delhi and Brussels have agreed a trade deal that will eliminate up to €4bn of tariffs on EU exports. Plus, Nato is increasing its military presenc...

28 Jan 11min

US and Japan flirt with joint currency intervention

US and Japan flirt with joint currency intervention

The Trump administration has linked security guarantees for Ukraine to Kyiv ceding the Donbas region to Russia, and there’s speculation that the US and Japan could be working together to support the y...

27 Jan 11min

Trump faces backlash on immigration crackdown after shooting

Trump faces backlash on immigration crackdown after shooting

The Trump administration’s immigration enforcement agency faces growing backlash after federal agents fatally shot a second protester in two weeks, and Trump teases his pick for the US’s next Federal ...

26 Jan 12min

Trump’s divisive 'Board of Peace’

Trump’s divisive 'Board of Peace’

Intel shares slide 12 per cent as supply constraints limit growth, and Trump’s “Board of Peace” is dividing the US’s allies. Plus, Iran’s government is seizing properties and businesses after protests...

23 Jan 12min

Supreme Court appears sceptical over Fed firing

Supreme Court appears sceptical over Fed firing

US President Donald Trump has dropped his tariff threat on Greenland, and the FT’s Derek Brower explains how Trump has navigated the World Economic Forum in Davos. Plus, EU lawmakers have postponed th...

22 Jan 12min

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