The Financial Times

The United Kingdom could approve AstraZeneca Plc’s (NASDAQ: AZN) COVID-19 vaccine as early as Tuesday, the Financial Times reports. What Happened: The U.K.’s Medicines and Healthcare products Regulatory Agency would give approval to the AstraZeneca-Oxford University vaccine imminently,...

Formula One, the motorsports owned by Liberty Media Formula One (NASDAQ: FWONA) (NASDAQ: FWONK), is in "active talks" with Amazon.com, Inc (NASDAQ: AMZN) to stream its Grand Prix races, the Financial Times reports. What Happened: Formula One is the world'...

A new trend is emerging in the investment space where startups raise capital to buy small e-commerce merchants, the Financial Times reports. What Happened: Startups like Thrasio, Heyday, Perch, SellerX, Boosted Commerce, Heroes, and Razor Group have raised roughly $1 billion in equity and...

Apple Inc’s (NASDAQ: AAPL) Asian supply chain has been rocked by protests in both China and India over unpaid wages and bonuses, the Financial Times reported Sunday. What Happened: On Friday and Saturday, more than 100 workers on the iPhone maker’s assembly lines protested in China...

Apple Inc (NASDAQ: AAPL) is already deluged with probes for anti-competitive behavior related to the App Store. Now, the Financial Times reports, its digital wallet Apple Pay could be the next battleground for antitrust probes. What Happened: Apple Pay’s...

Amazon.com, Inc (NASDAQ: AMZN) is looking to expand its cricket programming in India, a country where the game enjoys huge popularity, the Financial Times reported Monday (Mumbai time). What Happened: The move comes after the Jeff Bezos-led company acquired rights to broadcast cricket matches...

Philippe Laffont’s Coatue Management has returned 52% gains this year, as of November-end, betting big on Tesla Inc (NASDAQ: TSLA) and against beleaguered Wirecard AG (OTC: WCAGY), the Financial Times reported. What Happened: Even though global markets have risen more than 10%, till the...

In India, burger wars are heating up as the nation’s appetite for American-style fast-food is growing, the Financial Times reports. U.S. burger giants Burger King — a subsidiary of Restaurant Brands International Inc (NYSE: QSR) — and Wendys Co (...

Apple Inc (NASDAQ: AAPL) has been sued by a consumer advocacy group in Europe over allegations that the company deliberately slowed down iPhones, the Financial Times reported Tuesday. What Happened: Euroconsumers — the advocacy group — is suing the Tim Cook-led company for $217.4...

HSBC Holdings plc (NYSE: HSBC) is considering a complete exit from retail banking operations in the U.S., the Financial Times reports. Senior management is expected to present a plan to the board in the coming weeks. What Happened: London-based HSBC has been a full-service...

The U.K. has secured two million more doses of COVID-19 vaccine from Moderna Inc (NASDAQ: MRNA) and is expected to approve the vaccine made by Pfizer Inc (NYSE: PFE) and BioNTech SE - ADR (NASDAQ: BNTX) this week. What Happened: Moderna is to provide...

Facebook, Inc (NASDAQ: FB) and Amazon.com, Inc (NASDAQ: AMZN) have received a demand of millions of euros from the French tax authorities, the Financial Times reports. What Happened: France seeks to collect "digital tax" for 2020 from the U.S. technology groups....

Facebook, Inc (NASDAQ: FB) is looking to warm up to the incoming Biden administration in a bid to fend the threat of heavy regulations or a break-up during President-elect Joe Biden's term in office, the Financial Times reports.  What Happened: The Mark Zuckerberg-led social...

Amazon.com, Inc (NASDAQ: AMZN) is retrenching workers engaged in research and development and manufacturing at its delivery drone project — instead, seeking external assistance in bringing its ambitious plans to fruition, the Financial Times reported Wednesday.  What Happened:...

UK Prime Minister Boris Jonson will announce new green initiatives this week, including a ban on new gasoline and diesel cars from 2030. What Happened: Johnson said in February that the ban would be introduced in 2045, but he is now expected to change the timeline to 2030 this week, in an...