FT News

Volkswagen has put $300m into Israeli taxi start-up Gett on the same day Toyota announced an undisclosed investment in US ride-hailing app Uber. Matthew Vincent asks the FT’s motor industry correspondent Peter Campbell what’s behind these moves.

 

Bayer, the German aspirin to week killer conglomerate has made a $62bn all cash offer for Monsanto, the US agribusiness. If agreed, the deal would create a huge global company providing farmers with everything from seeds to crop chemicals. Matthew Vincent asks FT Berlin correspondent Guy Chazan and Chicago correspondent Lindsay Whipp, to assess what chance the megadeal has of going through.

 

Motorists in France are facing long queues for petrol after unions opposed to the government’s labour reforms tightened their blockade of the country’s oil refineries. Joshua Chaffin asks the FT’s Paris bureau chief Anne-Sylvaine Chassany why the unions are so angry.

 

London’s Tate Modern is the world’s most popular museum of modern and contemporary art, with 5m visitors a year. Only 20 years ago it was the shell of a defunct power station on the banks of the Thames. Now it is expanding with a £260m extension that opens next month. Edwin Heathcote, the FT’s architecture critic, previews the new building with one of the architects, Jacques Herzog, and Tate director Nicholas Serota.

 

Suspicion that a terrorist act may have brought down the Egyptian airliner that plunged into the Mediterranean last week delivers another blow to Egypt’s already desperate tourism industry. Arrivals have collapsed, hotels shut down and many workers have lost their jobs. The FT’s North Africa correspondent Heba Saleh reports.

 

How did ads for Citigroup, IBM and Microsoft appear on the website of a designated terrorist? Robert Cookson, the FT’s digital media correspondent, tells Ravi Mattu how an Indonesian jihadi website came to profit from ads paid for by big western brands.

 

Could the US presidential election affect Federal Reserve policy this year? Will the Fed shy away from further rate rises, for example, as it avoids taking risks during an increasingly heated period. The FT’s Sam Fleming looks at how the central bank behaved in previous election years to see if there is a historical precedent.

 

Nicolás Maduro, Venezuela’s unpopular president, has declared a state of emergency as his foes seek to remove him by collecting enough signatures for a recall referendum. Andres Schipani, the FT’s correspondent in Caracas, reports.

 

Cyber risk is in the news following a series of attacks on Asian banks, and New York District Attorney Cyrus Vance is in London to talk about a transatlantic co-operation deal to tackle the risk. Patrick Jenkins talks to Caroline Binham, the FT’s UK regulation correspondent, and Martin Arnold, banking editor, about what banks are doing to combat the threat.

 

The issue of sexual harassment in the corridors of power in France burst into the open at the weekend when 17 prominent women, all serving or former ministers, published a letter vowing to make public “all sexist remarks, inappropriate gestures and behaviour”. Joshua Chaffin asks Ann-Sylvaine Chassany, the FT’s Paris bureau chief, how bad the problem is.