The frontrunner to replace Angela Merkel talks the CDU and Germany’s economy

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.

It’s a significant blow to regulators and sent Facebook’s share price to record levels

A US judge has dismissed two antitrust lawsuits against Facebook, investors are reassessing their conviction in the reflation trade that has captivated Wall Street this year after a hawkish tilt by the US central bank inflicted losses on some fund managers, Binance customers have lost the ability to withdraw and deposit pounds using one of the main UK payments systems. Plus, the FT’s Berlin bureau chief, Guy Chazan, spoke with Armin Laschet, leader of the CDU and frontrunner to replace Angela Merkel, about his plans for Germany’s economy and relations with China. 

US judge dismisses antitrust lawsuits against Facebook

Reflation trade unwind wrongfoots several big-name hedge funds

Binance customers frozen out of withdrawals through key UK payments network

FT interview: Armin Laschet on Merkel, the Greens and fiscal rules

Olaf Scholz treads fine line on German thrift versus pandemic spending

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