Friday, September 6

Friday, September 6

UK Labour MPs appear set to reject Boris Johnson’s push for a snap election and US Treasury secretary Steven Mnuchin moves to return Fannie Mae and Freddie Mac to private ownership. Plus, WeWork expects to be valued at less than half of the $47bn figure reached in its last round of funding from Japan’s SoftBank and news that the US and China will resume trade negotiations sent Wall Street equities higher on Thursday. Also, the FT’s Shanghai correspondent, Tom Hancock, explains why China’s tech groups, including Alibaba, have poured money into physical retail and how that bet worked out for them.

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Avsnitt(2213)

Top US trade official reveals ‘problem’ in UK negotiations

Top US trade official reveals ‘problem’ in UK negotiations

The US trade representative says the UK is choosing the EU over America and Deutsche Bank organised almost $1bn of loans to a Hollywood studio landlord now in default. Plus, Nvidia has agreed to buy A...

4 Sep 12min

Uber teams up with driver unions to fight robotaxis

Uber teams up with driver unions to fight robotaxis

Auditors warned Guggenheim Partners about weak controls within its business, and Uber is teaming up with driver unions to try to slow the rollout of robotaxis. Plus, US oil major Chevron and Italy’s E...

3 Sep 11min

Russia secretly helping Iran develop supersonic missiles

Russia secretly helping Iran develop supersonic missiles

An FT investigation found Russia has been secretly helping Iran develop advanced supersonic cruise missiles, the US launched fresh strikes on Iran, and the global bond sell-off deepened on Tuesday. Pl...

2 Sep 10min

How viable is Trump’s oil deal with Venezuela?

How viable is Trump’s oil deal with Venezuela?

Wall Street banks are pushing large law firms to cut fees because of AI, and analysts say Donald Trump’s Venezuela oil agreement may not succeed in attracting investment from US companies. Plus, Londo...

1 Sep 11min

AI’s threat to consulting

AI’s threat to consulting

Soaring demand for natural gas has pushed dealmaking to a decade high, the consulting industry is headed for an AI showdown with its own clients, and the Taliban wants to strike a minerals deal with t...

31 Aug 12min

EU policy could ice out closest trading partners

EU policy could ice out closest trading partners

Saudi Arabia’s sovereign wealth fund has replaced the chief executive at one of the country’s flagship real estate mega-projects, and global issuance of zero-interest convertible bonds is on track for...

28 Aug 11min

What Meta’s $18bn settlement means for social media

What Meta’s $18bn settlement means for social media

Nvidia reported strong sales, Meta has agreed to pay up to $18bn to settle its blockbuster social media addiction legal battle, and bond investors think that France is Europe’s new problem child. Plus...

27 Aug 11min

The risks of investing $7tn in AI data centres

The risks of investing $7tn in AI data centres

Traders and analysts are warning oil prices could soon hit $100 a barrel again, Germany is becoming a magnet for international defence groups, and Canada has announced retaliatory tariffs of up to 50 ...

26 Aug 11min

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