Wednesday, February 12
FT News Briefing12 Feb 2020

Wednesday, February 12

US senator Bernie Sanders declared victory in the New Hampshire Democratic presidential primary on Tuesday night, ride-sharing service Lyft disappointed investors who were looking for signs of an end to the losses, and electric scooter companies operating in Germany are braced for a setback on the streets as authorities push for a regulatory crackdown. Plus, the FT’s Hannah Kuchler explains why investors are bidding up companies that are working to alleviate the effects of the coronavirus.

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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

A wacky US jobs report

A wacky US jobs report

The US economy added 130,000 jobs in January, beating market expectations, and documents appear to contradict testimony Jes Staley gave about his involvement with Jeffrey Epstein. Plus, Bangladesh is ...

12 Feb 11min

Should BP get more credit for its turnaround effort?

Should BP get more credit for its turnaround effort?

US commerce secretary Howard Lutnick said he visited Jeffrey Epstein’s island with his family in late 2012, Cuba is struggling under the US fuel embargo, and Ukrainian President Volodymyr Zelenskyy is...

11 Feb 10min

Novo Nordisk hits back at copycat drugs

Novo Nordisk hits back at copycat drugs

Gilts rebounded from earlier losses on Monday afternoon, and Novo Nordisk is suing US telehealth company Hims & Hers over ‘knock-off’ versions of its weight-loss drugs. Plus, France’s central bank chi...

10 Feb 11min

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