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FT News Briefing

Thursday, October 17

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 17 October 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Brexit negotiators wrangle over the terms of a deal ahead of the start of Thursday’s EU summit, Netflix missed its forecast for new subscribers for the second straight quarter, thousands of Hong Kong’s wealthy residents are opening bank accounts in Singapore and other financial centres as they try to protect themselves against the territory’s unrest, IBM came up short of Wall Street’s revenue expectations in the latest quarter, the US House of Representatives voted to condemn president Donald Trump over his move to withdraw troops from Syria and American shoppers curbed their spending last month according to weak Commerce Department data.

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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.

0:12.0

Today is Thursday, October 17th. Good morning from the newsroom of the Financial Times.

0:12.6

Today is Thursday, October 17th,

0:15.3

and this is your FT news briefing.

0:18.5

Netflix misses its subscriber mark

0:20.3

for the second straight quarter,

0:22.1

and wealthy Hong Kongers look outside the region to protect their money.

0:26.0

But first, the F.T.'s political editor, George Parker,

0:29.0

takes a look at the start of a crucial summit,

0:31.0

and whether a Brexit deal will come out of it and be passed by UK MPs.

0:36.2

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

0:42.4

Boris Johnson, the British Prime Minister is hoping to finally secure a Brexit

0:46.7

deal that he can get through the House of Commons.

0:48.8

And we're talking this is about three and a half years since the original Brexit referendum in this country and

0:56.2

following on from Theresa May's attempts to get a deal ratified rejected three times by the House

1:00.4

of Commons. This is Boris Johnson's attempt to get his own deal through.

1:05.2

And at the end of Wednesday, a deal seemed to be tantalizingly close, rising optimism

1:10.1

both in London and in European capitals that a deal could possibly be signed at the

1:14.8

European Council meeting but there are still hurdles ahead. The most important one

1:20.0

is the negotiation that Boris Johnson has been having within his own parliament

...

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