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FT News Briefing

Tuesday, September 17

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 17 September 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

WeWork postponed its initial public offering on Monday night after struggling to drum up investor interest, US president Donald Trump says he has struck an “initial” deal on tariff barriers with Japan, EU chiefs say that UK prime minister Boris Johnson brought no fresh proposals to the table during Monday’s Brexit talks in Luxembourg and billionaire philanthropist Bill Gates says the world is “nowhere near” hitting the United Nations’ Sustainable Development Goals. Plus, the FT’s Peter Wells explains how the attack on Saudi Arabia’s major crude processing plant over the weekend will have an effect on the global economy.

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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 Tuesday, September 17th. Good morning from the Newsroom of the Financial Times.

0:12.6

Today is Tuesday, September 17, and this is your FT news briefing.

0:18.9

We work postpones its initial public offering.

0:22.1

Donald Trump says he's struck an initial deal on tariff

0:25.1

barriers with Japan. Boris Johnson frustrates EU officials at a Brexit meeting in Luxembourg

0:31.2

and Bill Gates says the world is nowhere near hitting the United Nations sustainable development goals.

0:37.0

Plus, the FT's Peter Wells explains how the attack on Saudi Arabia's major crude processing plant over the weekend will affect the global economy.

0:46.0

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

0:51.0

We work Sheved its initial public offering late Monday night in New York after struggling

0:58.4

to drum up investor interest in the multi-billion dollar listing.

1:02.6

The Property Group had planned to launch a road show marketing the IPO as early as Monday morning

1:07.6

and intended to price and list its shares next week.

1:12.3

Institutional investors whose support is crucial to a flotation gave Weew Works

1:16.4

IPO a chilly response. Some raised concerns over the outside sway Weewear Co-founder and chief

1:22.2

executive Adam Newman has over the company.

1:25.4

Plus we work faces increasing operating losses.

1:29.1

The company says it's now aiming to complete its offering by the end of the year.

1:36.7

The attack on a major Saudi Arabian crude processing facility has created problems on several

1:41.6

fronts.

...

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