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FT News Briefing

Monday, April 15

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 15 April 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

Germany's telecoms regulator says Huawei can stay in the 5G network race, the European Central Bank faces stimulus pressure over a falling inflation outlook and the FT reports that Purdue Pharma, the makers of Oxycontin, tried to buy Reckitt Benckiser's addiction treatment business. Plus, the FT's Camilla Hodgson sets up the $30bn legal battle between Apple and Qualcomm that will play out in a San Diego court on Monday.

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Transcript

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0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:10.0

Good morning from the newsroom of the Financial Times.

0:14.0

Today is Monday, April 15, and this is your FT news briefing.

0:18.0

Chinese equipment maker, Huawei, looks like it will play a role in Germany's 5G build-out, despite protests by the United

0:26.2

States.

0:27.2

Next, a technical measure of Eurozone's investors' inflation expectations has fallen to its lowest level in years.

0:35.0

Then the FT reports that Purdue Pharma, the makers of OxyContin, tried to profit off the rehab

0:42.1

therapies meant to treat opioid addicts.

0:45.0

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

0:49.0

Despite hand-ringing from the United States, it looks like the Chinese telecoms equipment

0:57.2

maker, Huawei, won't be left at a Germany's 5G network build-out.

1:01.9

In an interview with the F.T.

1:03.6

Germany's federal network agency president Yakin Hohmin said that it's taking a position that, quote,

1:09.7

no equipment supplier, including Huawei, should or may be specifically excluded.

1:15.8

The U.S. has put pressure on European governments to ban Huawei infrastructure from 5G networks.

1:21.3

There's concern that the Chinese government could use Huawei for espionage or cyber sabotage.

1:27.0

But Mr. Holman pointed out that banning Huawei from the process would cause problems for operators

1:31.5

looking to have 5G networks since they all work with

1:34.6

Huawei technology already. A new ban on Huawei, Mr. Homen says, would delay the rollout of the

1:40.5

digital networks.

1:45.1

The European Central Bank will have to convince doubters that it's willing to use fresh

...

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