Daily briefing: Trump attacks May, Google’s UK snooping claims, sidestep funds’ cheesy trades


“Don’t concentration on me.” That was US President Donald Trump tweeting to Theresa May after she rebuked him for his retweeting of anti-Muslim videos posted by a UK ultranationalist group. Mr Trump told a UK primary apportion “We are doing only fine!” and educated her to concentration on a “Radical Islamic Terrorism that is holding place within a United Kingdom”. Initially Mr Trump tagged a wrong person and had to repair his error.

The appropriate during Mrs May noted a new low in Mr Trump’s attribute with one of a US’s many critical allies. The occurrence has also bearing a problematic and far-right Britain First party, whose emissary personality a boss retweeted, into a spotlight. (FT, Guardian, Bloomberg)

In a news

Google’s UK snooping
Roughly 5.4m people in Britain who had an iPhone between Jun 2011 and Feb 2012 could be authorised for remuneration from Google. A common lawsuit alleges Google illegally collected a personal information of millions by bypassing a default remoteness settings on Apple phones. The record association pronounced a box has “no merit” and it would competition it. (FT)

Germany’s biggest IPO given 1996
Siemens skeleton to list a €40bn medical solutions multiplication in Frankfurt, that will be Germany’s largest IPO in some-more than 30 years. Europe’s largest industrial firm chose Frankfurt over New York for a inventory of Healthineers, a imaging and diagnostics business. (FT)

Bitcoin’s rollercoaster day
It was another flighty day of trade for bitcoin. The cryptocurrency surged past $11,000 before descending behind to scarcely $9,000. Jean Tirole, authority of Toulouse School of Economics, writes in an op-ed for a FT that bitcoin raises dual pivotal questions: “Is it sustainable? And presumption it is, does it minister to a common good? My answers are: substantially not (the jury is still out) and really not.” (FT)

Bosnian Croat personality dies after celebration poison
It was a thespian finish for a International Criminal Tribunal for a former Yugoslavia. Convicted fight rapist Slobodan Praljak died after celebration what he claimed was poison in an apparent self-murder on live television. The occurrence occurred on a day of a court’s final hearing, 24 years after it was established. (FT)

Hedge funds’ adventurous traders
A collection of sidestep supports that trade reduction liquid, some-more outlandish markets have been trade all from electricity to cheese prices. Eschewing mainstream markets is operative out really good for them: they have clocked adult appealing double-digit returns. (FT)

Overhauling US taxes
The US taxation remodel check changed another step closer to a final vote. But flourishing Republican certainty in a check was undermined by disagreements among lawmakers about how to extent a impact on a US bill deficit. Here is what happens next. (FT, Vox)

The day ahead

Opec meeting
Oil ministers from Opec and a partners will accumulate in Vienna. Attention will concentration on a frail fondness between a world’s dual largest wanton oil producers: Russia and Saudi Arabia. Moscow is boring a feet on a joining with a dominion to extend outlay cuts by 2018. Here are four probable scenarios to watch for. (FT, Bloomberg)

India GDP
Official quarterly-growth total from India will be closely watched today. According to a — infrequently controversial — data, it is one of a fastest-growing economies in a world. A Reuters check of analysts forecasts expansion in a Sep entertain to have risen 6.4 per cent from a year progressing in a period, accelerating from a preceding quarter’s 5.7 per cent. (NAR)

Keep adult with a critical business, mercantile and domestic stories in a entrance days with a FT’s Week Ahead.

What we’re reading

Uber’s disguise and dagger schemes
Encrypted texts, untraceable phones, late-night tip meetings and self-deleting messages are usually a things of view novels, though a former Uber employee’s allegations that a section of a ride-hailing association customarily employed such strategy have riveted a California courtroom this week. (FT)

Person of a year
The FT’s Washington columnist Ed Luce argues that US secretary of counterclaim Jim Mattis deserves to be “person of a year”. A “model for sublimating ego to a incomparable cause”, we would all be sleeping even reduction soundly but Mr Mattis around, Mr Luce says. (FT)

NBC star fired
The tab over passionate nuisance has claimed another scalp. Matt Lauer, a horde of NBC’s Today show, was dismissed following claims of inapt passionate behaviour. From Harvey Weinstein to Mr Lauer, here is a timeline of 2017’s passionate nuisance scandals. While not exhaustive, it shows a bulk of a allegations over a brief period. (AJC)

‘No family is safe
Retired US admiral James Winnefeld helped run a many absolute troops on earth. But even he could not save his son from a flay of opioid addiction. His essay in a Atlantic displays a full horror of addiction’s relentless spiral. (Atlantic)

How a Guptas bought South Africa
How did one family conduct to benefit such unusual change over a republic and a politics? Our Africa editor and South African correspondent’s deeply reported underline of a Guptas’ impasse in a republic is an instance of how hopes for a reborn republic can sour. (FT)

Infiltrating a Washington Post
Earlier this week we enclosed a story about a woman’s try to plant a fake story about US Senate claimant Roy Moore in a Washington Post. It turns out Jaime Phillips’s bid to disprove The Post went much further than perplexing to plant one built article. (WaPo)

Video of a day

The PG/Peltz conflict explained Activist financier Nelson Peltz and changing consumer habits are jolt adult century-old association Procter Gamble. (FT)

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