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FT News Briefing

Friday, October 19

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 19 October 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

Tougher talk from the US on Saudi Arabia, Uber’s move from drivers to waiters and why Wall Street traded lower on Thursday. Plus, a report from day two of the EU summit.

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Transcript

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0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:08.0

At equinore.

0:10.0

Good morning from the Newsroom of the Financial Times. Today is Friday

0:14.4

October 19th and this is your FT news briefing. Today we'll be looking at

0:19.4

some tougher talk from the US on Saudi Arabia, Uber's move from drivers to waiters,

0:24.0

and why Wall Street traded lower on Thursday.

0:27.0

I'm Eric Krucky.

0:28.0

And I'm Amy Keene, and here's the news you need to start your day.

0:34.8

The Trump administration has finally taken a harder line against Saudi Arabia.

0:39.4

Vice President Mike Pence spoke to reporters on Thursday. If what has been alleged occurred, if a journalist in particular lost their life at the hands of violence,

0:50.0

that's an affront to a free and independent press around the world and there will be consequences.

0:56.0

U.S. Treasury Secretary Stephen Minutians pulled out of Saudi Arabia's Future Investment Initiative Conference.

1:02.0

President Donald Trump also said that if the kingdom had future investment initiative conference.

1:02.6

President Donald Trump also said that if the kingdom had a hand in Koshoggi's death,

1:07.0

there would be consequences.

1:08.0

Well, it'll have to be very severe.

1:10.3

I mean, it's bad, bad stuff, but we'll see what happens.

1:15.0

Until now Trump has defended the Saudi royal family.

1:18.0

US Secretary of State Mike Pompeo said he wants to give the kingdom more time to finish their investigation into the

1:24.1

possible murder.

1:26.7

And the FT reports that Uber's planning to expand its on-demand model. The ridehailing app is developing a new short-term

...

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