The FT 28/01/20 | Vox Markets

The FT 28/01/20

Casper Sleep seeks lower valuation in IPO than private funding round. The group looks to tap ‘sleep economy’ but faces slowing sales growth and deepening losses.

shares tumble as subprime lender puts itself up for sale. The group has launched a strategic review after the removal of its Chief Executive and Chairman.

UK is set to approve a limited 5G role for Huawei, the Chinese tech group are likely to have its market share restricted under latest plans.

OPEC eyes oil supply cuts to counter virus sell-off Cartel and its allies discuss action to reverse crude’s slide below $60 per barrel.

New Delhi launches fresh attempt to sell Air India. The Indian government sweetens terms as it seeks to offload debt-laden national airline.

China’s top lithium producer struggles under debt load – Tianqi Lithium Corp is under pressure to repay bank loan as prices slump.

Lundin Petroleum pledges to become carbon neutral by 2030. The oil producer plans to change its name to reflect its interest in renewable power.

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