Daniel Garrahan has Monday’s top stories from around the world, including Uber losing two top executives, Vodafone striking a deal to create a telecoms giant and the US blocking a G20 anti-protectionism pledge.
Reporting by Siona Jenkins. Filmed and edited by Steve Ager.
Welcome to "The World in 60 Seconds" from FirstFT. Uber has lost two more top executives, the latest in a series of high-profile resignations that include president Jeff Jones and Brian McClendon, a key architect of autonomous driving efforts. Uber has been hit by a string of controversies, including allegations of sexual harassment, rows with regulators, and a lawsuit from Google's autonomous car unit, Waymo.
Vodafone has struck a deal to merge its Indian operations with local rival, Idea Cellular, to create one of the world's largest telecoms groups. The combined implied enterprise value will be more than $23 billion. The deal marks the second merger in the sector in as many months, as telecoms operators scramble to respond to a foray into the industry by oil products group Reliance Industries.
And the US has refused to commit itself to free trade at a key G20 finance ministers meeting. Ministers from the world's leading economies had hoped that US Treasury Secretary Steven Mnuchin would endorse a pledge to resist protectionism at the gathering.
For more of today's top stories, go to ft.com/firstft.