Financial times news
Here are some recent news articles from The Financial Times:
Top Stories
- Global economy faces 'perfect storm' of challenges: The global economy is facing a "perfect storm" of challenges, including rising inflation, supply chain disruptions, and the ongoing impact of the pandemic, according to the International Monetary Fund. (Source: FT.com)
- US and China agree to restart trade talks: The US and China have agreed to restart trade talks, with the two sides set to meet in Washington next week to discuss a range of issues, including tariffs and intellectual property. (Source: FT.com)
- UK economy contracts by 2.2% in Q1: The UK economy contracted by 2.2% in the first quarter of the year, according to official figures, as the country was hit by a combination of lockdowns and supply chain disruptions. (Source: FT.com)
Business
- Amazon to create 10,000 new jobs in the UK: Amazon has announced plans to create 10,000 new jobs in the UK over the next three years, as the company continues to expand its operations in the country. (Source: FT.com)
- Tesla's Elon Musk sells $5bn worth of stock: Elon Musk, the CEO of Tesla, has sold $5bn worth of stock in the company, according to regulatory filings, as the electric car maker's stock price continues to rise. (Source: FT.com)
- Goldman Sachs to pay $3.2bn to settle 1MDB scandal: Goldman Sachs has agreed to pay $3.2bn to settle allegations that it helped embezzle billions of dollars from Malaysia's 1MDB state fund. (Source: FT.com)
Markets
- Stock markets rally as inflation fears ease: Stock markets around the world rallied on Friday, as investors breathed a sigh of relief after inflation data from the US and Europe came in lower than expected. (Source: FT.com)
- Oil prices fall as demand concerns grow: Oil prices fell on Friday, as concerns about demand growth continued to weigh on the market. (Source: FT.com)
- Yen strengthens as Japan's economy contracts: The Japanese yen strengthened on Friday, as the country's economy contracted by more than expected in the first quarter. (Source: FT.com)
Politics
- US and China agree to restart trade talks: The US and China have agreed to restart trade talks, with the two sides set to meet in Washington next week to discuss a range of issues, including tariffs and intellectual property. (Source: FT.com)
- UK's Johnson faces backlash over lockdown easing: The UK's Prime Minister Boris Johnson is facing a backlash over his decision to ease lockdown restrictions, with critics arguing that the move is too hasty. (Source: FT.com)
- EU and UK agree to extend Brexit transition period: The EU and the UK have agreed to extend the Brexit transition period by six months, until the end of June. (Source: FT.com)