2020-08-29
Financial Times Front Page 29th of August 2020
The Financial Times leads with comments from the governor of the Bank of England, Andrew Bailey, who says there is still plenty of financial firepower left to fight the impact of COVID-19.
The Financial Times leads with comments from the governor of the Bank of England, Andrew Bailey, who says there is still plenty of financial firepower left to fight the impact of COVID-19.
The Financial Times reports that the Federal Reserve has adopted a new monetary policy strategy that will be more tolerant of temporary rises in inflation.
The Financial Times leads on what it calls a “tide” of complaints of sexism and harassment in the workplace at the UN-backed Green Climate Fund, the world’s largest climate finance institution.
The Financial Times reports that Chinese firm Ant Group is preparing an initial public offering to raise up to $30bn (£23bn).
The Financial Times leads with the news that Tesco is creating 16,000 jobs to cope with the growing popularity of online grocery shopping.
The US president is considering fast-tracking the potential COVID-19 vaccine being worked on by Oxford University so it can be used in the US before the election, according to the Financial Times.
Shoppers and staycations fuelled an economic boost as lockdown measures were lifted, the Financial Times reports.
Outrage over US companies paying senior executives multi-million dollar bonuses shortly before declaring bankruptcy is The Financial Times’ lead story.
The Financial Times says Apple has become the first US company with a stock market value of two trillion dollars.
Wall Street has begun to recover from the coronavirus slump and has hit record highs, according to the Financial Times.