FT News Briefing

FT News Briefing ∙ Friday July 03, 2020 ∙ duration: 8:46

UK wants final say on Virgin-O2 deal, retail goes digital in pandemic, US jobs

The UK’s Competition and Markets Authority is set to ask Brussels for full control over the review of the proposed £31bn merger between Virgin Media and O2, US consumers are expected to spend $710bn online in 2020, and American Airlines says it could have over 20,000 front-line employees more than it needs this autumn to operate its reduced flying schedule. Plus, the unemployment rate for black Americans remained higher in June than for all other groups. Economist Valerie Wilson explains why black workers are being disproportionately affected by coronavirus and what policy measures might help.

 

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A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

[This description is from FT News Briefing.]

FT News Briefing is a rundown of the most important global business stories you need to know for the coming day. Hosted by Marc Filippino and available every weekday morning wherever you get your podcasts. Get in touch with us at [email protected].


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