FT News Briefing

Theresa May fends off a challenge to her leadership ahead of a high-stakes week for Brexit, Robert Mueller’s report on Russian meddling in the 2016 election finds no collusion and Uber is expected to sign a $3.1bn deal for a Dubai-rival. Plus, the FT’s global technology correspondent Tim Bradshaw explains what to expect from Apple’s big bet on television. Hosted on Acast. See acast.com/privacy for more information.

EU leaders give Theresa May a short Brexit extension, Spotify enters high-stakes licensing talks with music rights owners and US stocks get a boost from the technology sector. Plus, the FT’s Robin Wigglesworth reports from the floor of the New York Stock Exchange as the American jeans maker Levi Strauss goes public. Hosted on Acast. See acast.com/privacy for more information.

UK Prime Minister Theresa May makes a big gamble that risks a no-deal Brexit, the Federal Reserve signals it will hold rates steady all year as economic growth slows, Levi Strauss returns to the stock market with a $6.6bn valuation and retailer Williams Sonoma delivers an unusually rosy outlook for the year.  Hosted on Acast. See acast.com/privacy for more information.

EU leaders tell the UK government there are no guarantees Brexit can be delayed, Google overhauls how it displays certain search results in Europe to avoid more trouble, another round of US-China trade talks are scheduled for next week in Beijing and FedEx shows the effects of a weakening global economy. Plus, the FT’s Kadhim Shubber explains the latest in the fight between Tesla chief executive Elon Musk and the US Securities and Exchange Commission.    Hosted on Acast. See acast.com/privacy for more information.

The Speaker of the House of Commons delivers a fresh blow to Prime Minister Theresa May's Brexit deal hopes, the $43bn Worldpay deal piles pressure on rivals for more tie-ups and US farmers are being cut out of the Japanese market. Plus, the FT's Shannon Bond explains how ride-hailing company Lyft plans to pitch investors before its upcoming IPO.  Hosted on Acast. See acast.com/privacy for more information.

UK Prime Minister Theresa May pins Brexit deal hopes on last-minute talks with the Democratic Unionist Party, French President Emmanuel Macron is under renewed pressure after looters smashed scores of shops and set fire to a restaurant in Paris and adverse weather and deadly bacteria cause Italian olive oil prices to surge. Plus, the FT’s Olaf Storbeck explains the merger talks between Deutsche Bank and Commerzbank. Hosted on Acast. See acast.com/privacy for more information.

Two top Facebook executives are set to leave the social network, Google faces yet another fine from Brussels and the US Senate votes to block President Donald Trump’s declaration of an emergency at the Mexican border. Plus, the FT's editorial director and UK political commentator Robert Shrimsley will wrap up this big week in Brexit, and tell us what to expect in the coming weeks. Hosted on Acast. See acast.com/privacy for more information.

British MPs have to decide on a way forward on Brexit, the US bows to international pressure on the safety of the Boeing 737 Max plane and former Trump campaign chair Paul Manafort faces indictments in New York that could forestall a presidential pardon on his federal sentence. Plus, the FT’s Brussel's reporter Rochelle Toplensky explains why Spotify filed an antitrust complaint against Apple. Hosted on Acast. See acast.com/privacy for more information.

Prime Minister Theresa May's latest Brexit deal fails in parliament, Royal Dutch Shell says it’s aiming to become the largest electricity company in the world by the 2030s and the FBI charges prominent financiers and celebrities for using cash bribes to bypass the admissions process at prominent American colleges. Plus, the FT’s Anjli Raval explains how BP lobbied against US methane rules despite its green public stance. Hosted on Acast. See acast.com/privacy for more information.

UK Prime Minister Theresa May secures a revised Brexit deal ahead of a crucial Commons vote, easyJet is stockpiling parts for its aircraft in Europe in case of a no-deal Brexit, US executives and officials threaten to stay away from Russia’s economic forum and US President Donald Trump’s proposed budget sets up another potential government shutdown. Plus, the FT’s Patti Waldmeir explains what two recent 737 Max 8 aircraft crashes mean for Boeing. Hosted on Acast. See acast.com/privacy for more information.

The Bank of England tightens liquidity buffers before Brexit, top UBS executives accuse the bank of using maternity leave as a reason for cutting women's bonuses and Renault, Nissan and Mitsubishi plan to establish a new leadership structure for their alliance. Plus, the FT’s George Parker explains what to expect this week on Brexit. Hosted on Acast. See acast.com/privacy for more information.

Donald Trump’s former campaign manager Paul Manafort is sentenced to nearly 4 years in prison, Airbus all but rules out paying back millions in outstanding loans for development of the A380 superjumbo, Facebook’s pivots to privacy raises questions about its business model and a new report shows the gender wealth gap could take two centuries to close. Plus, the FT’s Richard Waters explains how the business software apps many of us use every day are helping tech stocks make a comeback. Hosted on Acast. See acast.com/privacy for more information.

New research shows China’s economy is 12 per cent smaller than official figures say it is, US financial regulators move to relax Obama-era financial rules and wealthy investors looking to settle in the UK will face stricter regulations if they want a so-called golden visa. Then the FT’s Aime Williams explains the scandal plaguing Canadian prime minister Justin Trudeau.   Hosted on Acast. See acast.com/privacy for more information.

Italy prepares to sign on to China’s contentious Belt and Road Initiative, JPMorgan Chase says it will no longer provide banking services to private prisons and former New York City mayor Michael Bloomberg decides not to run for US president in 2020. Plus, the FT’s Kiran Stacey deciphers the move by Chinese tech company Huawei to sue the US government. Hosted on Acast. See acast.com/privacy for more information.

Cloud software giant Salesforce issues a disappointing earnings forecast for the current quarter, French President Emmanuel Macron calls for a new European 'renaissance' and the UK’s department for international trade cancels its regular meetings with business leaders after media leaks. Plus, the FT’s Aliya Ram explains new research that shows two-fifths of Europe’s artificial intelligence start-ups don’t actually use any artificial intelligence programs in their products. Hosted on Acast. See acast.com/privacy for more information.

The US discusses emergency aid for Venezuela if Nicolas Maduro’s regime falls, Huawei chief financial officer Meng Wanzhou sues Canadian border officers over her arrest and the head of the US oil refinery trade group attacks the idea of a carbon tax. Plus, the FT’s Mehul Srivastava explains the accusations of bribery against Israeli Prime Minister Benjamin Netanyahu - and what affect his possible indictment might have on Israel’s upcoming election. Hosted on Acast. See acast.com/privacy for more information.

Tesla chief executive Elon Musk announces a price cut to $35,000 for the Model 3, retailer Gap reveals plans to split itself in two, HBO’s Richard Plepler quits in the wake of the AT&T takeover, and Israel’s attorney general intends to indict prime minister Benjamin Netanyahu on corruption charges. Then the FT’s Hannah Kuchler tells us about the US biotech startup that’s raising money for research into ending genetic diseases. Hosted on Acast. See acast.com/privacy for more information.

The world’s largest sovereign wealth fund cuts its €1bn stake in Volkswagen almost in half, the UK Labour party formally comes out in favour of a second Brexit referendum and Russian hackers step up their campaign to disrupt the EU’s next elections. Plus, the FT’s Kadhim Shubber explains the biggest takeaways from the testimony of US President Donald Trump’s former lawyer, Michael Cohen. Hosted on Acast. See acast.com/privacy for more information.

The FT uncovers that several Chinese officials committed plagiarism in their university theses, WW - the company formerly known as Weight Watchers - reports a drop in subscribers and profit forecasts and JPMorgan Chase president Daniel Pinto warns of a fall in trading revenue. Plus, the FT’s Sam Fleming explains the big takeaways from Federal Reserve Chairman Jay Powell’s testimony before the US Congress. Hosted on Acast. See acast.com/privacy for more information.

The UK’s opposition leader Jeremy Corbyn opens the door to a new referendum on Brexit, US vice-president Mike Pence travels to Latin America to support opposition leader Juan Guaidó and Tesla chief Elon Musk lands in legal trouble again after tweeting potentially-market moving information. Plus, the FT’s Anna Nicolaou explains what this year’s Academy Awards signal about broader business trends in the film industry. Hosted on Acast. See acast.com/privacy for more information.

US President Donald Trump delays the increase in tariffs on imported Chinese goods, UK Prime Minister Theresa May delays her Brexit deal vote in Parliament and ExxonMobil tries to prevent an investor proposal that would set targets for the company’s greenhouse gas emissions. Plus, the FT’s Gideon Long brings us the latest from the Venezuelan/Colombian border. Hosted on Acast. See acast.com/privacy for more information.

Eurosceptic MPs warn they’ll try to end the UK government if Prime Minister Theresa May delays Brexit, Kraft Heinz shares dive after the food group reveals an SEC subpoena over its accounting policies and the Big Four accounting firms’ stranglehold over major car companies is under threat. Plus, the FT’s Sam Fleming explains how Federal Reserve policymakers are rethinking their economic strategy.   Hosted on Acast. See acast.com/privacy for more information.

Food giant Kraft Heinz is looking to gobble up its competitors, Volkswagen chief executive Herbert Diess says US tariffs are the biggest worry for the industry and the Federal Reserve minutes of its latest meeting reassure investors. Plus, the FT’s Nathalie Thomas explains why environmentalists and energy businesses are confused by the UK government’s approach to hydrofracking. Hosted on Acast. See acast.com/privacy for more information.

A former North Korean diplomat gives US President Donald Trump a warning, the consulting firm McKinsey reaches a $15m settlement over allegations of conflicts of interest and Prime Minister Theresa May once again heads to Brussels to try to rescue her Brexit plan. Plus, the FT’s Jude Webber explains why the Mexican fight against drug cartels is far from over. Hosted on Acast. See acast.com/privacy for more information.

US President Donald Trump threatens the Venezuelan military over its support for Nicolas Maduro, more splits among pro-EU politicians over Brexit and property developers play the Chinese market by buying up the debts of their rivals. Plus, the FT’s Emiko Terazono explains why fears of climate change may soon bring more regulations to the agricultural sector. Hosted on Acast. See acast.com/privacy for more information.

The US push to ban Chinese company Huawei from allies' telecoms networks is dealt a blow by British intelligence conclusions, UK MPs propose a regulator to police content on social media sites and tensions grow between Berlin and London over a key Saudi defense contract. Plus, the FT's Michael Peel explains the big takeaways from this weekend's Munich Security conference.  Hosted on Acast. See acast.com/privacy for more information.

The US government will be funded, but the president plans to declare a national emergency in order to build his wall along the US-Mexico border, US chipmaker Nvidia provides a better than expected outlook despite slower China demand and Prime Minister Theresa May suffers yet another defeat on her Brexit plans in the House of Commons. Plus, as Amazon announces it won't build its second headquarters in New York City, the FT's Lindsay Fortado, a Queens resident, takes us to the neighbourhood to hear how the locals feel about the decision. Hosted on Acast. See acast.com/privacy for more information.

Top shareholders in Deutsche Bank demand deeper cuts to its US investment bank arm, Delta and EasyJet join forces with Italy’s state-backed railway company to bid for Alitalia and Airbus is set to announce the end of an era for the world’s largest passenger jet. Plus, the FT’s Victor Mallet explains the flare in tensions between the French and Japanese nationalists in the Renault and Nissan car alliance after Carlos Ghosn’s arrest. Hosted on Acast. See acast.com/privacy for more information.

Chief Brexit negotiator Olly Robbins has suggested that Theresa May is bluffing over Britain's EU exit, Donald Trump opens the door to extending trade talks with China and more than 7m Americans are now 90 days behind on their car payments. Plus, the FT’s Madhumita Murgia explains what researchers are doing to try to mitigate the bias in data and computer algorithms. Hosted on Acast. See acast.com/privacy for more information.

Virgin looks to expand in the US, Theresa May is expected to ask MPs for more time to overhaul her Brexit deal and Merck releases trial data showing its drug Keytruda can help cut patients' risk of dying from kidney cancer in half. Plus, the FT's Ian Mount tells us what to expect as the Spanish Supreme Court trial of 12 Catalan separatists begins today in Madrid.  Hosted on Acast. See acast.com/privacy for more information.

The IMF's new chief economist backs the Fed on interest rates, Japanese business takes a hit from the Chinese slowdown and trade disputes and US companies sound the alarm over mounting Brexit risks. Plus, the FT's Madhumita Murgia explains how an investigation into Facebook's data collection might change how big tech companies are regulated around the world. Hosted on Acast. See acast.com/privacy for more information.

US legislators move forward with a bill to prosecute Opec member countries for fixing oil prices, US President Trump rules out another meeting with Chinese President Xi before tariffs are set to increase in March and Amazon chief executive Jeff Bezos accuses National Enquirer-owner American Media of extortion. Plus, the FT's Chris Giles explains why the Bank of England is the latest central bank to make a dovish U-turn. Hosted on Acast. See acast.com/privacy for more information.

The British government admits it cannot guarantee trade deals between the UK and other non-EU countries will be ready before Brexit, two more executives leave Facebook's PR team and Middle Eastern investors retreat from western property deals. Plus, the FT's James Politi gives us the background on US President Donald Trump's nominee for World Bank president, David Malpass. Hosted on Acast. See acast.com/privacy for more information.

Snap stems its user declines and claws back losses, Apple gets a new boss for its retail stores and the US becomes the biggest supplier of oil to the UK for the first time since the Suez crisis. Plus, the FT’s Gregory Meyer explains how US soyabean farmers have been caught in the middle of the trade war with China, and what grain processor Archer Daniels Midland predicts for the year ahead.  Hosted on Acast. See acast.com/privacy for more information.

Alphabet spending spree spooks investors, Theresa May heads to Belfast to find a solution for the Irish backstop and a new study finds that some venture capitalists lose out by ignoring women. Plus, the FT's Robin Wigglesworth takes us through investing legend Bill Gross's career, after news that Mr Gross would retire from Janus Henderson.  Hosted on Acast. See acast.com/privacy for more information.

Prime Minister Theresa May says she is still committed to renegotiating her Brexit deal, delivery company Hermes strikes a deal with a trade union in what could be the first of its kind in the gig economy and US first quarter earnings are set for their first decline in three years. Plus, the FT's Miles Johnson explains the trouble facing Italy's economy. Hosted on Acast. See acast.com/privacy for more information.

Amazon delivers record profits but sees a slower growth ahead, US-China trade talks wrap up without a solid deal and new research from the UK's Low Pay Commission shows that a raise in the minimum wage hasn't resulted in the widespread adoption of automation some had expected. Plus, the FT's Ed Crooks explains how GE is making its way out of crisis mode. Hosted on Acast. See acast.com/privacy for more information.

Tesla loses its finance chief and issues a warning for the coming year, Facebook beats forecasts for revenue and earnings and cosmetics group Avon faces another round of lay-offs. Plus, the FT's Michael Mackenzie explains the big takeaways from the Federal Reserve's first policy-setting meeting of 2019. Hosted on Acast. See acast.com/privacy for more information.

Parliament votes to send Theresa May's Brexit deal back to Brussels, Apple tries to strike an upbeat tone despite the continued fall in iPhone sales while luxury goods group LVMH is not feeling the pain from the Chinese slowdown just yet. Plus, the FT's Andres Schipani takes us to Brazil, where a recent dam collapse at an iron ore mining facility has killed at least 84 people. Hosted on Acast. See acast.com/privacy for more information.

New signs that China's flagging economy is taking its toll on global business, the US unveils criminal charges against Huawei and Theresa May bids to amend the so-called Irish backstop in her Brexit deal. Plus, the FT's Tim Bradshaw tells us what to look for as Apple releases its latest results today. Hosted on Acast. See acast.com/privacy for more information.

The US lifts sanctions on the businesses once controlled by Russian oligarch Oleg Deripaska, Beijing's envoy to the EU accuses the countries of discrimination against Huawei and Venezuelan opposition leader Juan Guaidó urges Theresa May not to send money to President Nicolás Maduro. Plus, the FT's Laura Pitel on how Turkey is allowing people to essentially buy citizenship in an attempt to right the economy. Hosted on Acast. See acast.com/privacy for more information.

Intel falls victim to weakening demand for iPhones, Starbucks doubles down with new coffee shop openings in China and George Soros gives a searing speech in Davos attacking Chinese President Xi Jinping. Plus, the FT's Chris Giles takes us along on his ride with a truck driver through the Eurotunnel to see exactly how Brexit might affect trade. Hosted on Acast. See acast.com/privacy for more information.

China blocks Microsoft's Bing search engine, Ford struggles with the global overhaul of its business and billionaire Ken Griffin purchases the most expensive home ever sold in the US. Plus, the FT's JP Rathbone tells us why world leaders are not recognising Nicolas Maduro as the legitimate president of Venezuela.  Hosted on Acast. See acast.com/privacy for more information.

The Trump administration turns down an offer from China for preparatory trade talks, IBM records annual revenue growth for the first time since 2011 and pressure mounts on Tory Eurosceptics and the Democratic Unionist party to back Theresa May's Brexit deal. Plus, the FT's Lindsay Fortado tells us why two activist hedge funds have taken an interest in eBay. Hosted on Acast. See acast.com/privacy for more information.

Billionaire hedge fund manager Ken Griffin's vote of confidence in London’s high end property market, a new candidate for the Democratic presidential nomination, China’s slowing growth rate, and what’s happening at the World Economic Forum in Davos this week. Hosted on Acast. See acast.com/privacy for more information.

Theresa May is set to address the British parliament less than a week after suffering a historic defeat on her Brexit deal, the US government shutdown heads into a fifth week as US president Donald Trump makes an offer to Democrats and FT reporters crunch the numbers on pay rises at US banks. Plus, why the race to find a successor for Jim Yong Kim at the World Bank might signal a change in direction for the organisation.  Hosted on Acast. See acast.com/privacy for more information.

The standoff over the US government shutdown escalates, Paul Manafort's law firm Skadden pays US authorities $4.6m for failing to declare its work on Ukraine, and the latest Netflix results underwhelm investors. Plus, the FT's Robert Wright tells us about the thousands of immigrants in the UK accused of cheating on an English test—and the impact on their lives. Hosted on Acast. See acast.com/privacy for more information.

British Prime Minister Theresa May makes another push at Brexit after again narrowly surviving a vote of no-confidence, US lawmakers warn that Huawei's solar equipment could threaten the entire American electricity grid and the creator of the world's first index mutual fund Jack Bogle has died. Plus, the FT's Laura Noonan and Rob Armstrong on what to take away from US bank earnings reports this week. Hosted on Acast. See acast.com/privacy for more information.

What's next for Brexit after Theresa May's deal fails in the House of Commons, leading European banker Andrea Orcel will not join Santander Bank as its new boss and Emmanuel Macron begins his nationwide debate. Plus, the FT's Josh Chaffin explains why the US Senate moved to block the Trump administration from lifting sanctions on a Russian oligarch.  Hosted on Acast. See acast.com/privacy for more information.

Fresh fears of a Chinese slowdown cause a sell-off on Wall Street, the White House says Ivanka Trump will help find the new World Bank president and finally, it looks like today's the day: we'll see whether or not Theresa May's Brexit deal survives in the House of Commons. Plus, the FT's Sujeet Indap on the latest hedge fund deal to buy into local news. Hosted on Acast. See acast.com/privacy for more information.