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Disney’s $1.4bn hit, Beyond Meat boost, ECB called to justify bond-buying programme

Disney’s $1.4bn hit, Beyond Meat boost, ECB called to justify bond-buying programme

FromFT News Briefing


Disney’s $1.4bn hit, Beyond Meat boost, ECB called to justify bond-buying programme

FromFT News Briefing

ratings:
Length:
11 minutes
Released:
May 6, 2020
Format:
Podcast episode

Description

Disney estimates that the coronavirus crisis wiped as much as $1.4bn from its quarterly operating profit, while Beyond Meat gears up for the price of its plant-based burgers to compete directly with real beef at the supermarket, and Germany’s constitutional court has called on the European Central Bank to justify its bond-buying programme. Plus, the FT’s global business columnist, Rana Foroohar, argues that economists will have to abandon their traditional way of thinking to deal with problems posed by the pandemic. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. See acast.com/privacy for privacy and opt-out information.
Released:
May 6, 2020
Format:
Podcast episode

Titles in the series (100)

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. See acast.com/privacy for privacy and opt-out information.