FT News Briefing

Covid vaccine lifts stocks, Nikola’s legal bills pile up, India takes aim at Google

A breakthrough in the race to find a vaccine for Covid-19 fuelled a broad global equity rally on Monday. The FT’s Joe Miller explains what this means for managing the pandemic. Plus, India’s competition watchdog has ordered an in-depth investigation into the tight links between Google’s mobile app store and its payment service, and electric truck start-up Nikola has acknowledged for the first time that it is under investigation by the US Department of Justice in the wake of fraud allegations.  Pfizer and BioNTech’s Covid-19 vaccine found to be 90% effective <a href="https://www.ft.com/content/9bde4bff-acf0-4c2a-a0d0-5ed597186496" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/9bde4bff-acf0-4c2a-a0d0-5ed597186496</a> Nikola reveals escalating legal bill after fraud claims<a href="https://www.ft.com/content/51c9de3f-7e08-4740-8a50-4f301d8ca9ae" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/51c9de3f-7e08-4740-8a50-4f301d8ca9ae</a> India’s competition watchdog orders Google investigation<a href="https://www.ft.com/content/f0709021-0fdb-4f0a-a85e-c807ab364ebe" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/f0709021-0fdb-4f0a-a85e-c807ab364ebe</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

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. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.