PRESS DIGEST-Financial Times - October 27
Oct 27 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- EU loan to Airbus threatens trade truce with US, Trump trade official warns
- Channel 4 strikes streaming deal with Disney
- Apollo takes minority stake in Abu Dhabi’s Mubadala Capital
- Meta plans $95 billion stock offering to bankroll AI expansion
Overview
- US President Donald Trump’s top trade adviser has warned that the EU’s record-breaking loan to aerospace company Airbus could upend the delicate trade truce agreed by Washington and Brussels, risking the return of a transatlantic trade war.
- Channel 4 has agreed to put its linear channel and many of its television shows on Disney’s streaming service, as traditional broadcasters struggle with changing viewing habits and the dominance of US media giants.
- US private capital group Apollo Global is buying a minority stake in Mubadala Capital, becoming just the second external shareholder in the private capital arm of Abu Dhabi’s sovereign wealth fund.
- Meta is planning to raise $95 billion in one of the largest-ever stock offerings to fuel its massive AI infrastructure spending, backed by chipmakers Nvidia, AMD and Broadcom, who will act as cornerstone investors.