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FT News Briefing

Wednesday, May 8

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 8 May 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

Global equities suffered one of their biggest declines of the year on fears about a US-China trade war, Lyft shares slip even further below their $72 IPO price after the company said warns about slowing revenue growth and Google unveils plans for a smart display that would use facial recognition to make personalised recommendations. Plus, the FT’s Gregory Meyer tells us about the super weeds that are causing new trouble for Bayer and its blockbuster herbicide, Roundup.

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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.

0:13.0

Today is Wednesday, May 8th, and this is your FT news briefing.

0:18.0

Global equities endure one of their biggest declines of the year.

0:22.0

Two days after US President Donald Trump vows to ramp up tariffs on China.

0:27.0

Lift reports its first quarterly results as a public company

0:31.0

and its shares slip even further below their IPO price.

0:35.2

And Google has unveiled plans for a facial recognition device that you can use right in your

0:40.2

own home.

0:41.2

Plus the FT'sT's Natural Resources reporter, Gregory Meyer, tells us about a new

0:46.1

problem for Weed Killer Roundup and its parent company, Bayer. I'm Mark Filipino, and here's the news you need to start your day.

0:58.0

Markets continue to tumble in response to the gloomy outlook on the state of trade

1:02.4

negotiations between the US and China on

1:05.1

Tuesday.

1:06.5

The F.T.'s Peter Wells explains what caused the drop and what investors will be watching

1:11.4

for next.

1:12.4

This week's market sell-off has come in two days. what investors will be watching for next.

1:12.7

This week's market sell-off has come in two parts.

1:15.7

We had a first reaction on Monday to tweets from US President Donald Trump over the weekend

1:21.8

saying that he planned to push ahead with increased

1:25.4

tariffs on Chinese imports by the end of the week.

...

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