FT News Briefing

Markets rally on strong economic data, investors react to Biden’s sanctions on Russia

Global equities reached new heights and Treasuries rallied sharply on Thursday on the back of upbeat economic data in the US, and Dubai has become the first city to sign a contract with an autonomous taxi manufacturer. Plus, US president Joe Biden imposed new sanctions on Moscow on Thursday. The FT’s markets editor, Katie Martin, explains how investors reacted.  Global stocks hit record highs on strong economic data<a href="https://www.ft.com/content/c1ee361d-6ee6-4697-ba8a-865542bb4704" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/c1ee361d-6ee6-4697-ba8a-865542bb4704</a> Biden imposes tough new sanctions on Moscow<a href="https://www.ft.com/content/b2bf1be3-a10c-4963-9deb-8a6b319e9363" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/b2bf1be3-a10c-4963-9deb-8a6b319e9363</a> Dubai strikes deal with Cruise to roll out self-driving taxis<a href="https://www.ft.com/content/33f3f86b-2558-4344-98b0-5c3cd529e93f" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/33f3f86b-2558-4344-98b0-5c3cd529e93f</a> Flying cars finally prepare for take-off<a href="https://www.ft.com/content/3ca1338d-3c31-4c70-ac09-12a0870212e3?" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/3ca1338d-3c31-4c70-ac09-12a0870212e3?</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.