US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale
The US has suspended talks with European countries on a new global tax framework for technology companies, private equity groups in the US have been on a spending spree despite worldwide lockdowns due...
18 Juni 20209min
Global stocks stay optimistic on central banks, Royalty Pharma IPO, US police reform
Wall Street rallied on expectations of new aid for the US economy from the federal government and central bank, while Royalty Pharma pulled off the biggest US listing of 2020. Plus, protesters are cal...
17 Juni 202010min
LGBTQ rights at work, EU unemployment, oil’s transition to cleaner energy
The US Supreme Court ruled on Monday that LGBTQ workers are protected by federal civil rights laws in a landmark anti-discrimination decision, and Europe’s young workers are among the hardest hit by a...
16 Juni 202010min
SoftBank financing, White House on unemployment benefits, French industry
SoftBank has quietly poured more than $500m into Credit Suisse investment funds that in turn made big bets on the debt of struggling start-ups backed by the Vision Fund, the White House is opposed to ...
15 Juni 20209min
Investors fear new Covid-19 wave, UK in border check U-turn, HSBC pressure
Investors in US and European equities were rattled on Thursday after the Federal Reserve’s dire assessment of the US economy and fresh concerns of an uptick in coronavirus cases, and the British gover...
12 Juni 20209min
Fed predicts no rate increase until 2022, Brazil vs Covid-19, Bumper CEO stock awards
First, the FT’s Colby Smith explains why the Federal Reserve is predicting that it would keep interest rates close to zero until at least the end of 2022. Then, the FT’s Brazil bureau chief Bryan Harr...
11 Juni 202010min
Brexit and the EU’s recovery, Vroom’s strong IPO, Fed’s forecast
EU member states are urging Brussels to account for the shock of a hard Brexit in its coronavirus recovery plans, a former Goldman Sachs banker has avoided prison time for his role in a global insider...
10 Juni 20209min
US stocks surge despite gloomy forecast, US police reform bill, oil industry’s cautious optimism
The US stock market has erased all of its losses from 2020, the World Bank has forecast that emerging economies will shrink for the first time in 60 years, and US Congressional Democrats have responde...
9 Juni 202010min
