FT News Briefing

Tech stocks drag Wall Street lower, Greensill files for administration, Apollo merges with Athene

Stocks declined on Monday with shares of technology companies leading Wall Street lower, and the stricken supply chain financier, Greensill Capital, files for administration. Plus, the FT’s private capital correspondent, Mark Vandevelde, breaks down the $29bn merger between Apollo Global Capital and Athene Holding.  Wall Street dragged lower by tech stocks and pandemic beneficiaries<a href="https://www.ft.com/content/e4420f17-c0ac-4cd4-807d-4549f5de9bfa?" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/e4420f17-c0ac-4cd4-807d-4549f5de9bfa?</a> Apollo to merge with Athene creating $29bn conglomerate<a href="https://www.ft.com/content/e9ba5f23-9777-4730-a59b-d0c4d1fb510c" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/e9ba5f23-9777-4730-a59b-d0c4d1fb510c</a> Greensill files for administration and warns of GFG ‘defaults’<a href="https://www.ft.com/content/db5bc46a-57cc-4c7d-a6fe-47f5a59412d4" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/db5bc46a-57cc-4c7d-a6fe-47f5a59412d4</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.