Tuesday, November 27
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 27 November 2018
⏱️ 8 minutes
🧾️ Download transcript
Summary
United Technologies reveals a plan to split into three, Donald Trump puts pressure on Theresa May's Brexit deal, GM plans to shut down seven plants worldwide and Nasa lands a spacecraft on Mars. Plus, the FT's Jude Webber takes us to the US-Mexico border, where US troops are firing tear gas at a group of asylum-seeking migrants.
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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. |
| 0:12.0 | From the newsroom of the Financial Times, |
| 0:14.0 | today is Tuesday, November 27th, |
| 0:16.0 | and this is your FT news briefing. |
| 0:19.0 | Today we'll be looking at United Technologies's plan |
| 0:22.0 | to break itself up, Donald Trump putting pressure on |
| 0:25.0 | Theresa May's Brexit deal, YGM is closing several of its plants, and a new mission to Mars. |
| 0:31.9 | Then the FT's Jude Weber takes a look at how migrants on the US-Mexico |
| 0:36.2 | border are being treated as they try to apply for asylum. I'm Eric Krupky and here's the news |
| 0:41.5 | you need to start your day. |
| 0:50.3 | U.S. Manufacturing Group United Technologies plans to break up its divisions into new separate companies. The news came Monday evening and it follows calls for a |
| 0:54.6 | breakup from Daniel Lobe's activist investment fund third point. UTC said it plans to |
| 1:00.4 | create three new businesses, one in aircraft parts, which will include Pratt and Whitney |
| 1:05.3 | engines, a second as Otis elevators, and a third as carrier heating and air conditioning systems. |
| 1:12.1 | UTC's aerospace business will continue to use United Technology's name, |
| 1:16.8 | and it'll include the newly acquired aviation systems and cabin equipment maker Rockwell Collins. |
| 1:23.0 | The breakup is the latest in a number of moves by large American industrial groups looking |
| 1:27.3 | to simplify their structures. |
| 1:29.4 | Earlier this year, General Electric said it would concentrate on just two sectors, aviation and power. |
| 1:38.9 | U.S. President Donald Trump slammed UK Prime Minister Theresa May's Brexit deal yesterday. |
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