Good morning from the newsroom of the Financial Times.

Today is Tuesday, February 4th, and this is your FT news briefing.

Oil slid into bare market territory on Monday as traders feared for the economic fallout of the coronavirus.

Google Parent Alphabet revealed slower than expected revenue growth last quarter.

Meanwhile, Germany is planning to crack down on anti-competitive behavior by digital platforms, including Google.

But first, the F.T.'s Lauren Feeder reports from the American Midwest, whereas of midnight

eastern time, there was no sign of a winner in the first contest of the

2020 presidential primary race the Iowa caucuses. I'm Mark Filipino and here's the

news you need to start your day.

The Caucasus started at 7 p.m. local time

and we expected them to last for about one to two hours and then we were expecting results shortly after that.

It's nearly 11 o'clock now when I'm talking to you and we still don't have those results.

The Democratic Party, the State Democratic Party here in Iowa has come out and

acknowledge that there are some discrepancies, some inconsistencies that they

found in the reporting from each of the precincts. There are thousands of

precincts reporting. And so they're going to take their time they say to make

sure they get the figures right before they release them we've gone to great lengths to try

to push back on any suggestion that the app that they had used to track those results was hacked,

but really as we're having this conversation market, it's too early to say definitively what's gone on here other than the results are delayed and we're all eagerly awaiting them.

Yeah, Lauren, can you talk a little bit about the mood at the Pete Boudajevich camp, the candidates camp that you're at right now as people wait for results to come in.

Oh I mean it's I would say it's a pretty jubilant atmosphere here. I mean, people in Iowa for days,

the energy has really been rising.

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