Hot Off The Wires - 12 February 2020
  • Capital Access

Hot Off The Wires - 12 February 2020


News


  • British economy expanded 1.4% last year – becoming the third-fastest growing economy in the G7 group of advanced nations - even though it stagnated in the final quarter.

  • Boris Johnson has given a go-ahead to the High Speed 2 rail project in a huge political gamble.

  • The Federal Trade Commission has asked Alphabet, Amazon, Apple, Facebook and Microsoft about smaller acquisitions as part of a review into possible anti-competitive behaviour in the technology sector.

  • Mercedes-Benz owner Daimler’s profits slumped by almost two-thirds in 2019 to €2.7bn as the legal costs of the “dieselgate” scandal and heavy investments in electric technology took their toll.

  • Airbnb sunk into the red last year as costs rocketed ahead of its hotly anticipated stock market debut.

Results



Trivia


What is the sleepiest animal in the world?

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