300 episodes

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

FT News Briefing Financial Times

    • Daily News
    • 4.3, 16 Ratings

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

    SME’s lose big, UK GDP woes, remembering Sumner Redstone

    SME’s lose big, UK GDP woes, remembering Sumner Redstone

    Small and medium-sized US companies suffered a wipeout in profits in the second quarter amid the Covid-19 crisis, Lyft reported a 61 per cent drop in revenue in the same quarter but says it is seeing signs of a recovery, and Cisco warned of an even bigger drop-off in sales than it has experienced so far during the crisis. Plus, the FT’s Gavin Jackson reports on the UK’s latest GDP data. Then, we look back at the life of media mogul Sumner Redstone.


    Lyft clings to signs of recovery after pandemic dents revenue
    https://www.ft.com/content/938ea146-2699-4c2d-8511-e634d2d003f8?edit=true


    Cisco sales warning raises spectre of broad IT spending decline
    https://www.ft.com/content/f737c60e-d632-4eda-9e41-b181c3b5ca04?


    Coronavirus makes for a brutal quarter for smaller US companies
    https://www.ft.com/content/83d0c41f-be54-48e3-89fe-e78cda5f319c


    UK economy suffers worst slump in Europe in second quarter
    https://www.ft.com/content/c8b172e2-8f70-4118-9e81-423e9a4b6839


    Sumner Redstone, media mogul, 1923-2020
    https://www.ft.com/content/2414b9e4-5ef3-4e46-a760-9592f162e914
     
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    • 8 min
    Biden chooses Kamala Harris as VP candidate, questions on Kodak loan, Russia’s Covid-19 vaccine

    Biden chooses Kamala Harris as VP candidate, questions on Kodak loan, Russia’s Covid-19 vaccine

    Democrat Joe Biden has named Kamala Harris as his vice-presidential running mate, an Eastman Kodak board member donated $116m in company shares to an Orthodox Jewish congregation just before the stock price collapsed, and McDonald’s is suing its former chief executive, Steve Easterbrook, over sexual conduct allegations. Plus, Russia has become the first country to grant regulatory approval to a vaccine against Covid-19. The FT’s Henry Foy explains what this means for the global race to treat coronavirus. 


    Joe Biden names Kamala Harris as his running mate
    https://www.ft.com/content/6b975742-3200-4a5c-902c-e6303f55da03


    McDonald’s gets tough with former chief over fresh sexual conduct claims
    https://www.ft.com/content/99718ee2-152f-4749-b8d7-db8065a20a39


    Kodak board member donated $116m in shares to charity
    https://www.ft.com/content/6e7494c4-56cd-4121-8027-ecfc9586958c


    Russia to start mass use of its Covid-19 vaccine in coming weeks
    https://www.ft.com/content/219b973f-c50a-4071-994f-cc4592d43e1b
     
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    • 10 min
    Uber and Lyft told to reclassify drivers, Goldman vs Fed, Sweden’s pandemic

    Uber and Lyft told to reclassify drivers, Goldman vs Fed, Sweden’s pandemic

    A judge in California has ordered Uber and Lyft to reclassify their drivers as employees, and the Federal Reserve has turned down Goldman Sachs’ request for less onerous treatment after the results of its annual stress test. Plus, the FT’s Richard Milne explains why any labelling of Sweden’s approach to coronavirus might be an oversimplification. 


    Uber and Lyft told to treat drivers as employees in California
    https://www.ft.com/content/051a319c-e599-4975-90ea-40211b6a1417


    Fed denies Goldman’s appeal against stress test results
    https://www.ft.com/content/ba208f8d-a388-4fe5-a01b-2cb030bb9a03


    Sweden’s pandemic no longer stands out
    https://www.ft.com/content/7acfc5b8-d96f-455b-9f36-b70dc850428f?
     
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    • 10 min
    Deals resurgence, aid to Beirut, internal pushback at Nike

    Deals resurgence, aid to Beirut, internal pushback at Nike

    A series of blockbuster deals has led a resurgence in M&A activity since the start of July, and international donors agreed to fund €250m in emergency aid for Beirut after a chemical explosion devastated Lebanon’s capital. Plus, the FT’s US sports business correspondent, Sara Germano, explains why a group of employees at Nike have asked management to publicly acknowledge the company’s own internal shortcomings on equality before promoting the ideal to consumers. 


    Megadeals lead M&A revival as big companies bulk up
    ft.com/content/59378fea-79a9-4684-ae03-a41798a6245c?


    Future of Lebanon and entire region at stake, warns Macron
    https://www.ft.com/content/c44ff8e3-1715-499f-8d0e-6774a3d6b8aa


    Black employees at Nike object to company’s new ad
    https://www.ft.com/content/e8b4a2e3-e0cf-467a-890b-b64db664778a
     
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    • 10 min
    Uber Eats fails to offset ride-sharing collapse, Quicken Loans IPO, Microsoft bids for all of TikTok

    Uber Eats fails to offset ride-sharing collapse, Quicken Loans IPO, Microsoft bids for all of TikTok

    A surge in Uber’s food delivery business was unable to offset a 75 per cent drop in global ride-sharing, Quicken Loans stock jumped 20 per cent in its first day of trading on Thursday, and an FT analysis of data made public by  the Trump administration makes it difficult to discern whether the US Paycheck Protection Program was effective at saving jobs. Plus, the FT’s deputy Beijing bureau chief, Yuan Yang, explains why Microsoft’s position in China might give it an advantage in its takeover talks for TikTok. 


    Appetite for Uber Eats fails to offset ride-sharing collapse
    https://www.ft.com/content/0f0cd5f1-f88d-44e1-8b6a-7b50e48118aa


    Quicken Loans IPO: mortgage pioneer cashes in a big win
    https://www.ft.com/content/4f7e583a-3327-42fd-80cc-81bde2339a9b


    How many jobs were saved by the US small business bailout?
    https://www.ft.com/content/fd288b21-3391-4881-95a3-6b860c007ec0


    TikTok deal tests Microsoft’s decades of China experience
    https://www.ft.com/content/b02d5324-07e6-48ac-b658-b8c400d9b4fc
     
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    • 9 min
    US lawmakers probe loan to Kodak, Zynga earnings, Biden spending

    US lawmakers probe loan to Kodak, Zynga earnings, Biden spending

    US lawmakers have launched an investigation into a $765m loan by the US government to Eastman Kodak, and two companies, Zynga and Etsy, reported strong quarterly earnings amid the pandemic. Plus, the FT’s Washington correspondent, Lauren Fedor, has some updates on how the campaign of presumptive Democratic presidential nominee Joe Biden is doing. 


    House Democrats probe $765m government loan to Kodak
    ft.com/content/e4ab02ba-f8f7-4ca9-b881-9400ee612e18?


    Zynga earnings boosted by lockdown gaming habits
    https://www.ft.com/content/dfee19e3-1084-4d53-b522-99b6595281e7?


    Joe Biden aims to outspend Donald Trump on TV ads ahead of US election
    https://www.ft.com/content/012896c0-71ee-4081-a3a5-8b1ca864b214
     
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    • 9 min

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16 Ratings

16 Ratings

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