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Australia’s Lynas warns on rare earths supply chain 

Main non-China producer says it may need public funds to weather coronavirus downturn




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Bolsonaro doubles down on denialism

Behaviour of Brazil’s ‘walking crisis’ president sparks backlash among one-time allies




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EU divided over reforms to maligned fund performance rules

European Commission and MEPs warn regulator over watering down Priips performance scenarios decried as misleading




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The multilateralist

Shortly before his departure as FT editor, Lionel Barber was granted a rare interview with Angela Merkel, whose period in office is nearing its end. In conversation with Marc Filippino, Mr Barber offers his thoughts on the German chancellor as she battles to keep the flag of multilateralism flying in an increasingly unilateralist world.


Contributors: Lionel Barber, former FT editor, and Marc Filippino, audio producer. Producers: Marc Filippino and Fiona Symon

 

See acast.com/privacy for privacy and opt-out information.




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Coronavirus vaccine: an epidemic of nationalism

First country to get a vaccine could have an economic as well as a health advantage




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The political debate on US energy is not connected to reality

American producers are coming under pressure on several fronts




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Markets are out of step with economic reality

Investors are looking to the future, but should beware of over-optimism




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England bans sale of coal and wet wood to improve air quality

Homeowners must use ‘cleaner alternatives’ for coal fires and wood-burning stoves from 2021




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African entrepreneurs pitch to Alibaba founder Jack Ma

Business contestants battle for $1m prize money in glitzy televised extravaganza




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My First Million: Andy Scott, turnround specialist

‘There are no warranties when you take on an insolvent company’




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Equalise front-line doctors’ death benefits, says BMA

Some families of medics who die in service will receive higher payouts than others under current rules




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Australia’s biggest pension fund says investors will withdraw billions

Executive points to ‘heaps of liquidity’ as members get access to cash due to coronavirus




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Charles Smith, FT journalist, 1935-2018

Editor who raised the profile of the Financial Times’ coverage in Japan




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Cokie Roberts, political journalist, 1943-2019

A trailblazer who broke the glass ceiling in Washington




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Christopher Parkes, journalist, 1944-2019

A sharp-eyed editor and foreign correspondent who turned a killing phrase




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3D-printed houses could become concrete reality

The technology has significant potential to shake up the construction sector




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Nationalism is a side effect of coronavirus

The pushback against globalisation will come from protectionists, national-security hawks and greens




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How will the lockdowns end? FT journalists answer your questions

Andrew Edgecliffe-Johnson, Hannah Kuchler and Gideon Rachman assess the next stage of the coronavirus crisis




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Joseph Nye on morality in foreign policy

Gideon Rachman talks to Joseph Nye about the role of morality in shaping foreign policy




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CVC and Blackstone in talks to invest in Italian football league

Private equity firms in separate discussions to back coronavirus-hit Serie A




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New Sipp dealing account has no annual management fee

New Sipp dealing account has no annual management fee




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Deal of the week: Halifax’s Head Start Home Saver

First-time buyers receive £600 cashback if they save for 10 out of 12 months before taking out a Halifax mortgage




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Deal of the week: Premium share dealing from The Share Centre




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Coronavirus: US fatalities slow but total tops 37,000 — as it happened

A live blog from FT.com

Read more




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Coronavirus: US deaths spike as fatalities spread outside NY — as it happened

Russia's coronavirus outbreak worsens and Federal Reserve research finds a correlation between deaths from the influenza pandemic in 1918-1920 and extremist voting in Germany in 1932 and 1933

Read more




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Coronavirus: US death toll tops 70,000 as New York fatalities top 20,000 — as it happened

BT halts dividend for first time since dot com bubble two decades ago, BA parent IAG warns of further cuts as recovery set to take three years and shoemaker Puma warns worse to come as profits halve in first quarter

Read more




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Alipay owner Ant Financial takes minority stake in Klarna

Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform, has announced it’s taking a minority stake in Swedish payments platform Klarna . Klarna has a strong European presence and a flagship product that lets shoppers buy now and pay later in interest-free installments (typically 14 or […]




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Stripe adds card issuing, localized card networks and expanded approvals tool

At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes. Alongside that, it’s going […]




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Dtex, a specialist in insider threat cybersecurity, raises $17.5M

A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors — and for good reason, since the majority of incidents these days come from phishing and other malicious techniques that originate outside the enterprise itself. But there has also been a […]




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German Bund looking more appealing

Investors seek better-quality government bonds




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Can Apple keep the AR industry alive?

Augmented reality still has Apple’s enthusiasm behind it, but can that keep the whole industry afloat? On Wednesday, Apple debuted a new iPad Pro, the hallmark feature of which was a lidar time-of-flight sensor baked into the camera, which is designed to make augmented reality experiences more realistic and immersive. For most potential users, the […]




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The UK voted for capitalism — now go out and buy it

It’s time for unloved UK equities to take their place in investors’ portfolios




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Australian companies head to stock market in biggest rush since ’09

Companies lean heavily on equity in effort to dent blow from coronavirus




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Business feels the fear in Australia-China trade dispute

Canberra’s call for an inquiry into the origins of coronavirus has provoked threats from Beijing




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Alibaba buys half of Singapore skyscraper

Chinese ecommerce giant to help expand 50-floor Axa Tower




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Emirates-owned Dnata threatens to pull out of Australia

Catering and ground-handling company excluded from Canberra’s coronavirus support scheme




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HSBC accuses collapsed oil trader ZenRock of ‘suspicious’ dealings

Bank alleges collapsed Singaporean company raised money through duplicate invoices




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It’s the end of globalism as we know it (and I feel fine)

For the most part, its unravelling ought to be of deep concern. But we need a new social compact




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Swiss watches: time to recalibrate

As with other industries reeling in the wake of the pandemic, watchmakers were facing battles long before the virus struck




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Saudi sitcom breaks taboos on homosexuality and Israel

Popular programme is sparking debate about social change during holy month of Ramadan




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Run:AI brings virtualization to GPUs running Kubernetes workloads

In the early 2000s, VMware introduced the world to virtual servers that allowed IT to make more efficient use of idle server capacity. Today, Run:AI is introducing that same concept to GPUs running containerized machine learning projects on Kubernetes. This should enable data science teams to have access to more resources than they would normally […]




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Dtex, a specialist in insider threat cybersecurity, raises $17.5M

A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors — and for good reason, since the majority of incidents these days come from phishing and other malicious techniques that originate outside the enterprise itself. But there has also been a […]




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Regalii, A Startup In NYC’s Washington Heights, Uncovers Where Immigrants’ Remittances Really Go

It’s not a converted industrial warehouse in Brooklyn. Or a stately, century-old building in the Flatiron. But YC-backed Regalii’s atypical office location up in the Dominican-heavy Washington Heights neighborhood of Manhattan has given it plenty of insights into its working-class immigrant customer base. The startup, co-founded by several Latino founders who personally knew the hassles of sending money home, […]




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California turns to vote-by-mail to keep residents safe come November

California Governor Gavin Newsom announced Friday that his state would issue a mail-in ballot to every registered voter for November’s election. Newsom issued the decision as an executive order in coordination with other California officials. The order will require all county election officials to provide mail-in ballots to voters, but it also provisions for in-person […]




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Germany ditches centralized approach to app for COVID-19 contacts tracing

Germany has U-turned on building a centralized COVID-19 contacts tracing app — and will instead adopt a decentralized architecture, Reuters reported Sunday, citing a joint statement by chancellery minister Helge Braun and health minister Jens Spahn. In Europe in recent weeks, a battle has raged between different groups backing centralized vs decentralized infrastructure for apps […]




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$75M weed giant Caliva ditches Eaze, launches delivery

It’s a brutal time for marijuana startups. I’m hearing some are raising at 1/5th of their 2019 valuation amidst rampant competition, tall taxes, and slow legalization. The struggles for marijuana’s best-known startup, delivery service Eaze, continue as today it’s losing one of its top partners. $75 million-funded weed brand empire Caliva has dropped Eaze in […]




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DDG Wolff: COVID-19 crisis underlines need for more multilateralism, not less

The COVID-19 pandemic crisis has underlined the need for greater multilateral cooperation, including the need to improve the global trading system, Deputy Director-General Alan Wolff said on 7 May. Speaking at a webinar hosted by the African Institute for Economic Development and Planning, DDG Wolff said trade will play an important role in Africa’s economic recovery from the crisis, particularly through increased intra-African trade.




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Australian CEOs getting on with business, despite threats to growth - 20 Jan

CEOs are more optimistic about growth than international counterparts, despite concerns about over-regulation and the Government's response to Australia's fiscal deficit, according to a PwC report launched today.




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Australian privatisations to headline global power deals in 2015 - 30 Jan

The sale of New South Wales' and Queensland's utility assets will be among the most eagerly anticipated power deals globally in 2015, according to a PwC report released today.




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Australia Must Get to Grips with Asian Century - 12 Feb

If we continue to ignore the rising economic success of our Asian neighbours we will lose our place as a G20 economy by 2030.