FT News Briefin‪g‬ Financial Times

Amazon looked on course to defeat a historic effort by workers to unionise an Alabama warehouse, and companies and countries around the world are weighing the Biden administration’s global corporate tax plan. Plus, the FT’s markets editor, Katie Martin, explains Goldman Sachs’ purchase of £75m of Deliveroo shares after the UK food delivery group’s disappointing initial public offering last month.  


Amazon vote count shows Alabama unionisation effort trailing
https://www.ft.com/content/df3eeb04-d03e-4048-ab81-248c7a9fce4e


Goldman Sachs bought £75m of Deliveroo shares to prop up IPO price
https://www.ft.com/content/bf75f260-33d8-42ea-85c3-6482aa1fb2ff


A grand bargain: how the radical US corporate tax plan would work
https://www.ft.com/content/b358ebca-4097-4cd6-bc7f-8e9d8f069250
 
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The start-up that owns the biotechnology behind the Oxford/AstraZeneca vaccine has confidentially filed for an initial public offering in the US, Indian social media group ShareChat has raised more than $500m to grow its popular short-video app Moj, and Austrian activist Max Schrems has filed a privacy complaint against Google in France. Plus, the FT’s Washington bureau chief James Politi has details on the US’s offer to the rest of the world to tax multinational companies. 


US offers new plan in global corporate tax talks
https://www.ft.com/content/847c5f77-f0af-4787-8c8e-070ac6a7c74f


Biotech start-up behind AstraZeneca vaccine files for US listing 
https://www.ft.com/content/ff260c57-66f9-474b-9643-7640dc918009


ShareChat valued at $2bn in wake of TikTok ban 
https://www.ft.com/content/3a5e44e2-b2c0-4f37-9c4a-f51c6ef46eb6?


Max Schrems accuses Google of illegally tracking Android users
https://www.ft.com/content/4617cc99-3ed2-49e1-b97f-db4f1b45b5db?
 
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The EU drug regulator will launch an investigation next week into whether clinical trials of Russia’s Sputnik V Covid-19 vaccine contravened ethical standards, and Japan’s national champion, Renesas Electronics, is being forced to diversify due to the pressures brought on by the chip industry. Plus, the FT’s Latin America editor, Michael Stott, explains how president Jair Bolsonaro lost his grip of Brazil. 


EU regulator to probe ethical standards of Sputnik vaccine trials
https://www.ft.com/content/50031165-1f46-446b-be9a-36d553805fec?


Chip industry pressures spur Renesas to diversify
https://www.ft.com/content/c583fe71-4556-4ef9-9367-a175a2033767


Brazil’s coronavirus nightmare: ‘Bolsonaro is more isolated than ever’
https://www.ft.com/content/55713895-2423-4259-a222-f778f9587490


Nematodes the latest casualty of post-Brexit trade glitches
https://www.ft.com/content/888658ea-9b33-454e-bac5-c9d4a59eb201?
 
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US Treasury secretary Janet Yellen is calling on other countries to join the US in setting a corporate global minimum tax, and bond investors who took big risks at the outset of the pandemic are enjoying big returns. Plus, the FT’s greater China correspondent, Kathrin Hille, discusses how a little-known chip company that dominates the global semiconductor industry is navigating political tensions.  


Yellen calls for global minimum corporate tax
https://www.ft.com/content/79023ff2-c629-429c-8a34-16bf68b4ea15


Investors scoop up huge returns from companies’ crisis-era bonds
https://www.ft.com/content/2de01274-bf03-4788-ab94-c26189b9baea?


TSMC: how a Taiwanese chipmaker became a linchpin of the global economy
https://www.ft.com/content/05206915-fd73-4a3a-92a5-6760ce965bd9


GameStop shares fall after it announces plan to sell $1bn in stock
https://www.ft.com/content/ddc11198-f162-484c-9131-a7a0b0346178?
 
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The boom in Bitcoin mining is having an unintended consequence: it has driven up the cost of computer chips. Plus, the FT’s US-China correspondent, Demetri Sevastopulo, explains how China’s repressive treatment of its Uyghur Muslims is affecting Western brands who do business in the country.  


Bitcoin mining boom adds to chip price inflation
https://www.ft.com/content/d5c121c8-aefc-48d5-a3bf-6e581ccb5762


Western brands caught between US and China over human rights
https://www.ft.com/content/a0be4094-2aba-4275-a3ca-ec5e58cc5032?
 
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Wall Street touched a record high Wednesday as the White House released details of President Joe Biden’s multi trillion-dollar US stimulus plan, and the food delivery app, Deliveroo, closed down 26 per cent in its first day on the public market. Plus, the FT’s US labour and equalities correspondent, Taylor Nicole Rogers, explains why there are fewer black Americans in financial leadership positions than there were a decade ago. 


Tech stocks power Wall St to record ahead of Biden stimulus speech
https://www.ft.com/content/d7a93cb5-f9f1-485a-8b39-1e7a12a97790
Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’
https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d


Share of Black employees in senior US finance roles falls despite diversity efforts
https://www.ft.com/content/887d064a-bd5e-4ce6-9671-9057e12bd5c7
 
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