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FT News Briefing

Biden’s coronavirus warning, Airbnb readies for IPO, Saudi Aramco bonds

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 17 November 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

US president-elect Joe Biden has warned that the country’s ability to handle Covid-19 could be hampered if Donald Trump does not allow a smooth transition of power, AirBnB published the prospectus for its long-awaited stock market listing on Monday, and the secretary general of the Basel committee of regulators has argued that shareholder payouts should remain on hold until the long-term impact of the pandemic is clear. Plus, the FT’s senior energy correspondent, Anjli Raval explains why Saudi Aramco is heading to the international bond market. 


Biden warns ‘more people may die’ if Trump refuses to co-ordinate

ft.com/content/ee58360a-eca8-47aa-ac86-3665e918539a


Airbnb woos investors with return to profit ahead of IPO 

ft.com/content/5f8aa041-3d1b-43f4-94fb-57a0639bfc76?


Bank regulator calls for dividends to remain on hold

ft.com/content/cd06ce1a-65cd-4543-8f80-cf1d577f0c68?edit=true


Saudi Aramco to sell billions of dollars in international bonds

https://www.ft.com/content/c10dcb3b-89cf-4fc4-a1b2-bd434f79258b

 

Lawsuit tracker: Trump’s battle faces tough test this week 

https://www.ft.com/content/20b114b5-5419-493b-9923-a918a2527931


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Transcript

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0:00.0

Good morning from the Financial Times.

0:01.6

Today is Tuesday, November 17th.

0:04.4

This is your FT news briefing.

0:08.8

Even with encouraging vaccine news,

0:10.8

Joe Biden has a grim message if Donald Trump refuses to allow for a smooth

0:14.9

White House transition.

0:16.7

More people may die if we don't coordinate.

0:20.0

Airbnb tries to get investors on board with its hotly anticipated IPO, and banks seem ready

0:25.5

to pop the champagne on their response to coronavirus.

0:29.1

One regulator wants them to pump the brakes.

0:31.8

Plus Saudi Aramco is going back to the bond market but the

0:35.0

circumstances are much different since it floated shares in 2019. We'll explain

0:39.8

why. I'm Mark Filipino and here's the news you need to start your day.

0:45.0

Monday started off with more vaccine hopes.

0:51.0

Moderna announced its COVID-19 vaccine was nearly 95%. more vaccine

0:53.8

hope. Moderna announced its COVID-19 vaccine was nearly 95% effective in preventing the

0:56.5

disease for patients in a late stage trial. It's just a week after Pfizer and

1:01.2

Bio and Tech reported similar results with their vaccine.

1:05.0

Global markets were riding high on the Moderna news on Monday.

1:07.8

U.S. stock indexes set records.

1:10.7

But even with a vaccine, things in the short term are not looking good when it comes to the virus.

1:16.0

States and cities across America implemented new restrictions yesterday,

...

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