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Could micro-organisms revolutionise our food?

A Chicago start-up has found a way of turning microbes into edible protein, part of a growing trend towards a microbial revolution in food. Leslie Hook discusses why investors are increasingly interested in this area with Emiko Terazono, commodities correspondent, and Clive Cookson, science editor.


Contributors: Leslie Hook, environment correspondent, Emiko Terazono, commodities correspondent, and Clive Cookson, science editor. Producers: Fiona Symon and Persis Love

 

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Catalonia ruling fans flames of Spain’s divisions

Catalonia erupted this week after a Spanish Supreme Court decision to jail a group of separatist leaders for their part in organising an illegal independence referendum. The regional government attacked the sentences and thousands took to the streets in protest. Katie Martin discusses what happens next, with Daniel Dombey, FT correspondent in Madrid.


Contributors: Katie Martin, capital markets editor, and Daniel Dombey, Madrid correspondent. Producer: Fiona Symon

 

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Planning for a healthier life

An experiment in urban planning backed by the UK’s health service has shown how even small changes can have a big impact on the health of communities. Darren Dodd discusses what’s been learnt so far with some of the project’s backers.

 

Contributors: Darren Dodd, editor of FT Health, Emily Hough, strategy director for NHS England,

Christian Norris, of PA Consulting and Ellen Halstead of Peabody Housing Association> Producers: Fiona Symon and Persis Love

 

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Wealth gap ignites Chile protests

Last weekend thousands of people took to the streets of Chile in an outburst of anger at a rise in the price of the metro fare. But as Benedict Mander tells Michael Stott, the roots of the unrest go much deeper.

 

Contributors: Michael Stott, Latin America bureau chief and Benedict Mander, Chile and Argentina correspondent. Producer: Persis Love.

 

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Does the Fed have a communication problem?

The US Federal Reserve has begun to consult the public, particularly in poorer parts of the country about monetary policy. As a result, policy wonks at the central bank have begun to reconsider the impact of their decisions on communities far from the centres of power. Brendan Greeley discusses the so-called Fed Listens sessions with Patrick Jenkins.


Contributors: Patrick Jenkins, Deputy Editor and Brendan Greeley, US economics editor. Producers: Fiona Symon and Persis Love. Photo credit: Alex Wong/Getty


 

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Are oil and gas turning into stranded assets?

Investors have begun to shun companies that make their money from fossil fuels because of concerns about global warming. So what does this mean for the oil and gas companies whose future profits depend on continuing to exploit the hydrocarbon assets they have acquired around the world? Pilita Clark discusses the implications with Lex columnist Alan Livsey and energy editor David Sheppard. Read Alan's analysis here

 

Contributors: Pilita Clark, business columnist, Alan Livsey, Lex columnist, and David Sheppard, energy editor. Producer: Fiona Symon

 

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Introducing the FT News Briefing: Fed cuts to zero, airport pinch, hand sanitiser sale

Introducing the FT News Briefing. It is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.


Monday, March 16

The Federal Reserve cut interest rates to zero and joined forces with other central banks in a bid to prevent a severe economic downturn caused by the coronavirus outbreak. The FT’s Gillian Tett unpacks the sweeping measures. Plus, the rapid spread of the coronavirus and the ensuing travel restrictions have led to one of the worst months on record for the airport industry, and French industrials group Air Liquide is asking would-be buyers of its hand sanitiser unit to offer a higher sum in the wake of the outbreak. 

 

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Argentina ready to consider ninth sovereign default, says Guzmán

Finance minister tells FT that government has rejected counter-offer from BlackRock-led group of creditors




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France limits nicotine sales after coronavirus study  

Stimulant given as ‘likely’ reason for lower infections but authorities stress health risks




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Lockdown eases, central banks, oil, pharma and tech earnings

Start every week on the front foot with a preview of what’s on the global agenda




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AstraZeneca and Oxford university agree deal to develop virus vaccine

Partnership that would prioritise UK could produce 100m doses by year-end if treatment is effective




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How emergency planning has kept lights on and taps running

Energy, water and other utility groups keep services going despite lockdowns and cuts




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Telefónica/Liberty: rainy day dealmaking

Potential cost cuts should not be used as justification for a UK telecoms tie-up




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United Airlines abandons $2.25bn bond offering

Investors demanded too high a price to lend to US carrier reeling from coronavirus shutdown




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Stumbling into May after running too fast

Mike Mackenzie’s daily analysis of what’s moving global markets




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Why universities deserve special financial support

Higher education should not be treated as just another business




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LSE’s $27bn deal for Refinitiv faces heat in Brussels

London bourse’s transformative acquisition is facing more scrutiny than expected




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Refinitiv’s data-race struggle highlights LSE challenge

Business being bought from Blackstone-led consortium has lost ground to Bloomberg




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Lockdown lunches: how to make French onion soup

Tim Hayward helps the FT's Daniel Garrahan turn his kitchen into a Parisian bistro




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Jeffrey Epstein found the weakness of universities

The need to raise donations led MIT’s Media Lab to a terrible misjudgment




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Investors hunt for ‘survivors’ in US earnings season

In crisis mode, profits and growth matter much less than ability to ride out a downturn




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Coronavirus fallout deals small US companies a double blow

Small-cap stocks underperformed large-caps throughout the bear market and rally




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US reopening/stocks: dicing with disaster

Bullish investors and gung-ho governors are setting themselves up for a big reality check




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Aluminium industry faces huge supply glut

Thousands of jobs at risk as coronavirus pandemic leads to a fall-off in demand




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Uranium bucks weak commodity trend

Radioactive material at risk of supply shocks given small number of dominant mines




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Uranium enters bull market after Covid-19 hits supply

Prices rebound from March lows after miner Kazatomprom slashes production




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United Airlines prepares to cut workforce to reduce cash burn

Incoming CEO tells investors and carrier’s 96,000 staff that he will not duck hard decisions




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Investors Chronicle: Keystone Law, BP, HSBC

Companies analysis from our sister publication




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Nigerian border closures cut smuggling but drive up prices

Benin crossing has been shut for three months, halting trade on vital frontier




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Nigeria ratifies finance law in boost for small business

Legislation cuts taxes for some enterprises while increasing VAT




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African health officials warn of chronic medical shortages

Central African Republic has just three ventilators for its 5m people




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Short bans/market closures: they amplify panic

Trading restrictions did not work in the past; there is less reason for them to work this time




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Philippines shuts financial markets indefinitely

Country becomes first in world to halt all stock, bond and currency trading




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Hong Kong’s hidebound brokers face coronavirus reckoning

Viral outbreak has sped shift to online platforms, squeezing many traditional outfits




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Lenders sound warning on mortgage holidays

Households urged to consider options such as reduced payments instead of delaying debt




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Fannie and Freddie could need bailout if lockdown lasts

Regulator says US mortgage guarantors have sufficient resources for about 12 weeks




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Unions and parent groups urge against early return to school

Calls for safety assurances despite concern over educational impact




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Initial finding backs US health official over virus sidelining

Rick Bright’s lawyers say federal investigators recommend he be reinstated during probe




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My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




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FT ranking: Asia-Pacific High-Growth Companies

Coronavirus means many businesses face an uncertain future but the region’s fundamentals will aid recovery




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Cover Genius tops FT ranking with insurtech platform

The Australian company was borne out of an online travel business that had a problem to solve




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FT High-Growth Companies Asia-Pacific

Businesses shift their focus from scale to survival as a coronavirus-led downturn takes hold — but the region’s underlying growth prospects bode well for the recovery




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UK companies to shun business interruption insurance

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes




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The time is ripe to reform UK university finance

Cutting tuition fees is no longer realistic, but there are other ways to better support vital courses




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Best of this week’s opinion

Our columnists’ thoughts on corporate and global debt, and economists’ Covid-19 approach




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Public sector unions take government to court over pension reform

Judicial review sought over alleged breach of 2015 law, claiming cost benefits should go to scheme members




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Zbigniew Brzezinski, US policy adviser, 1928-2017

Right-hand man to President Carter from Iran hostage crisis to Salt Two arms treaty 




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Virginia candidates in a race to the bottom

The campaign has shone an unflattering light on the state of politics in America




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A sports addict’s diary: my ‘Morning in America’

From Wimbledon to Lord’s, this summer has been a gift that — technology permitting — keeps on giving




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Yasuhiro Nakasone, Japan prime minister, 1918-2019

A nationalist who could temper his dogma and made his presence felt across the globe