David Cameron breaks Greensill silence, investors brace for corporate tax hikes

FT News Briefing

Forhecz Topher

News, Unknown, News & Politics, Daily News

4.4 • 1.2K Ratings

🗓️ 12 April 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Former British prime minister David Cameron has admitted he made mistakes over his government lobbying for Greensill Capital, leading Chinese smartphone maker Xiaomi is expanding its investment in chips, and Microsoft is on the verge of acquiring the voice technology pioneer, Nuance. Plus, the FT’s US equities correspondent, Aziza Kasumov, discusses US equities investors’ concerns about US president Joe Biden’s tax proposals.

Cameron admits mistakes as he breaks silence on Greensill

https://www.ft.com/content/da2a2686-1efa-4fd4-bee4-79cc9d9a89a2

Huawei rival Xiaomi steps up chip ambitions amid US pressure

https://www.ft.com/content/2fadf021-91c5-4553-aecd-33e4439e99ab?

Wall Street investors look warily at gathering tax ‘storm’

https://www.ft.com/content/02f874f8-f5e3-4deb-908c-c709633821bb

Microsoft nears deal to buy voice tech pioneer Nuance for $16bn

https://www.ft.com/content/a36dd469-e521-4ce7-9351-ddc8f6b5cb42?

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Transcript

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0:00.0	Good morning from the Financial Times.
0:02.0	Today is Monday, April 12th.
0:04.0	This is your FT News Briefing.
0:09.0	David Cameron has broken his silence
0:11.0	on his involvement with green cell capital.
0:13.0	US banks report their latest quarterly earnings this week
0:16.0	and the leading Chinese competitor to the tech giant Huawei
0:19.0	is going big into computer chips.
0:21.0	Plus Joe Biden plans to fund his infrastructure spending
0:24.0	with higher corporate taxes.
0:26.0	But investors wonder how these higher taxes
0:28.0	could affect the equity's party they've been enjoying.
0:31.0	It is like being at a lush spring picnic
0:33.0	where everyone's enjoying themselves.
0:35.0	But there's a few things that could turn out to be
0:37.0	sort of quite the storms.
0:38.0	And one of them is higher taxes.
0:40.0	I'm Mark Filipino and here's the news you need to start your day.
0:49.0	Former British Prime Minister David Cameron
0:52.0	finally spoke about his involvement in the green cell capital matter.
0:56.0	Green cell is the supply chain finance firm
0:58.0	that collapsed last month.
	...

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