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FT News Briefing

Thursday, December 6

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 6 December 2018

⏱️ 9 minutes

🧾️ Download transcript

Summary

Huawei's finance chief is arrested in Canada, Britain's top 100 public companies are likely to miss a government-backed diversity target, and Takeda shareholders back its £46bn takeover of Shire. Plus, on the 40th anniversary of the Spanish constitution's ratification, why so many want to change it. 

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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.

0:11.0

From the Newsroom of the Financial Times. Today is Thursday, December 6th, and this is your F.T. news briefing.

0:17.0

Today we'll be looking at the arrest of Huawei's CFO, why Britain's biggest listed companies are likely to miss a government-backed diversity target,

0:26.3

and what's next for Takeda now that shareholders have backed its 46 billion-pound shire acquisition. Then on the 40th anniversary of the Spanish

0:35.1

Constitution's ratification, Ian Mount tells us why so many want to change it.

0:39.9

I'm Eric Krucky and here's the news you need to start your day.

0:46.0

The chief financial officer of Huawei Juan Jo Meng was arrested in Canada on Saturday.

0:51.6

The US is seeking her extradition.

0:54.0

Canadian officials said a bail hearing is set for Ms. Mang on Friday.

0:58.0

Huawei said the U.S. wants Ms. Mang to face unspecified charges in New York. The company said they don't have any

1:05.0

information on what the charges are and they're not aware of any wrongdoing by Miss Mang.

1:09.7

Her arrest is the latest blow for the Chinese tech giant.

1:13.5

It's become subject to tougher international scrutiny.

1:16.5

The US, Australia, and New Zealand have moved to block the use of Huawei's 5G equipment

1:22.3

because of security concerns.

1:25.0

In 2016, a government-backed review recommended that the UK's top listed companies

1:31.0

should aim to have at least one ethnic minority director by 2021.

1:36.7

But new research suggests that Britain's biggest listed groups are likely to miss that target.

1:41.8

Data collected by Executive recruitment company Green Park

1:44.7

show that only 52 of the top 100 listed companies will meet that goal. That's up from

...

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