EU leaders clash over vaccines, UK debt, Ant Group fees
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 26 March 2021
⏱️ 10 minutes
🧾️ Download transcript
Summary
European leaders clash over vaccine distribution at a marathon virtual summit, holders of UK government bonds are suffering the worst quarter in at least two decades as Britain’s economic prospects brighten, Jack Ma’s Ant Group demands bigger fees to rebuild valuation after pulled IPO, and comfort foods like doughnuts and mac and cheese proved popular during the pandemic.
EU leaders clash over vaccine distribution in tense summit
https://www.ft.com/content/486a65fe-0608-4230-b9d5-c990f10d5be8
Investors in UK government bonds suffer worst quarter for two decades
https://www.ft.com/content/0ea28218-7296-4b09-9cae-4b84a27a9e0c
Jack Ma’s Ant demands bigger fees to rebuild valuation after pulled IPO
https://www.ft.com/content/e6d0dffe-a691-484e-9c3e-434d1553a3d6
Pandemic comfort food offers too much solace
https://www.ft.com/content/74497d5f-4bf4-4031-b424-b70a4547d23c?
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:04.0 | Today is Friday, March 26th, and this is your FT News Briefing. |
| 0:09.0 | European leaders clash over vaccine distribution, |
| 0:12.0 | British government bond investors suffer as the UK's economic outlook improves. |
| 0:17.0 | And China's and financial group is demanding bigger fees |
| 0:21.0 | from its online payments business, Alipay. |
| 0:24.0 | We have dozens of banks, and we have only one Alipay. |
| 0:29.0 | So that really puts Alipay in a very good position |
| 0:32.0 | in negotiating a good commission rate with banks. |
| 0:36.0 | I'm Lila Raptopoulos, in for Mark Filipino. |
| 0:39.0 | And here's the news you need to start your day. |
| 0:45.0 | European leaders clashed during a marathon virtual summit yesterday. |
| 0:50.0 | They were arguing over vaccine distribution, |
| 0:53.0 | and they failed to come to any agreement. |
| 0:55.0 | The debate was over how to provide additional jabs |
| 0:58.0 | to member states that are most in need of emergency supplies. |
| 1:02.0 | These are mostly poorer Eastern European states. |
| 1:05.0 | The talks got tense and sometimes ill-tempered |
| 1:08.0 | after Austria's Chancellor Sebastian Kurs demanded |
| 1:11.0 | additional vaccine supplies for Vienna. |
| 1:13.0 | His pleas were rejected by leaders that included Germany's Angela Merkel. |
| 1:18.0 | In the UK government bond markets, |
... |
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