Thursday, October 24
FT News Briefing24 Okt 2019

Thursday, October 24

Tesla shares soar 20 per cent in after-hours trade after posting a net profit in the third quarter, and Donald Trump says he will remove sanctions imposed on Turkey a day ahead of a Nato defence ministers meeting. Plus, WeWork plans to axe 4,000 jobs, European Council president Donald Tusk is trying to persuade leaders to back a Brexit delay and Boris Johnson’s government and party are split on whether to push for a general election. Then, the FT’s Washington correspondent, Kiran Stacey, unpacks Mark Zuckerberg’s defence of the Libra digital currency project.

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Untold: Opus Dei, Ep. 1

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Hong Kong woos asset managers with potential tax cuts

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Investors try to stay ahead of Trump’s Iran moves

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Gold hasn’t been acting like itself lately

Meta and OpenAI will be among the first customers of Arm’s long-awaited new AI processor, the haven asset gold hasn’t been looking like its usual self, and Volkswagen is in talks to switch production ...

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Netanyahu’s rivals try to outdo him over Iran

Sources tell the FT that Pakistan is positioning itself as the lead mediator trying to broker an end to the US’s and Israel’s war against Iran, and the US ambassador to the EU says the bloc must imple...

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Strait of Hormuz crisis poses fresh threat to global food, energy

The World Food Project warns millions more could be pushed into acute hunger if the Strait of Hormuz remains closed. Plus, energy executives meet in Houston as war in Iran rages, and China pitches its...

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Investors sounded the alarm on Thursday after a major Qatar gas facility took serious damage, and amateur traders are going wild for five-minute bets. Mentioned in this podcast:‘Armageddon scenario’ f...

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The US has relaxed sanctions on Venezuela’s state-owned oil group Petróleos de Venezuela and the Federal Reserve has stuck with plans to cut rates later this year. Plus, Walmart won patents to give al...

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