FT News Briefing

GameStop returns, Myanmar banks, Texas power politics

GameStop’s share price doubled in the final 90 minutes of trading on Wednesday, partners at the consultancy McKinsey have voted to remove Kevin Sneader from his post as global managing partner, and Myanmar’s banking system has ground almost to a halt as employees joined protests against the military coup. Plus, climatologist Michael Mann explains why wind power is not to blame for power failures in Texas during the recent cold snap. GameStop shares double in final 90 minutes of trading day<a href="https://www.ft.com/content/50eaa1b5-d244-4b3e-b460-736828c049cd" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/50eaa1b5-d244-4b3e-b460-736828c049cd</a> Myanmar protesters join general strike in defiance of threats of violence<a href="https://www.ft.com/content/5f61da58-e618-42a8-b13c-300567248ff1" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/5f61da58-e618-42a8-b13c-300567248ff1</a> Blaming Texas electricity failure on wind<a href="https://www.ft.com/content/adc21f2b-ccf7-4b8b-8604-53cae556a7dd" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/adc21f2b-ccf7-4b8b-8604-53cae556a7dd</a> Sports gear maker Under Armour halves sponsorship commitments <a href="https://www.ft.com/content/f97405a1-4187-4186-833c-c8c4f07bfcbf" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/f97405a1-4187-4186-833c-c8c4f07bfcbf</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.