FT News Briefing - Winamp (2024)

FT News Briefing - Winamp (1)

A glow-up for China’s state-owned enterprises

Andreessen Horowitz hauls in one of the largest funds since the downturn in the tech sector, stocks from China’s state-owned enterprises are faring well compared with the wider market, and the IMF says that the US is on track to grow at double the rate of any other G7 country this year. Plus, a full-scale conflict has depleted Ukrainian defences. Israel could face a similar plight despite the weekend’s successful interceptions.Mentioned in this podcast:Andreessen Horowitz raises $7.2bn and sets sights on AI start-upsBeijing reforms unloved state-owned enterprises to win back investorsUS to grow at double the rate of G7 peers this year, says IMf*ckraine’s air defence struggle shows risks to IsraelThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Katya Kumkova, Josh Gabert-Doyon, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/17/2024 • 11 minutes, 28 seconds

FT News Briefing - Winamp (2)

CVC hopes third time’s the charm

Goldman Sachs surpasses profit estimates by almost $1bn, CVC’s revived listing plan follows years of internal discord over whether the PE firm should go public, and Tesla is laying off 10% of its global workforce. Plus, the FT’s Michael Stott explains why the Darién Gap has become an important migration route for people heading towards the US.Mentioned in this podcast: Goldman Sachs traders help fuel 28% profit increaseGoldman Sachs knows what fits it best — plenty of dealsCVC’s tortuous path to an IPOTesla to cut 10% of global workforceThe migrant highway that could sway the US electionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/16/2024 • 12 minutes, 9 seconds

FT News Briefing - Winamp (3)

Israel debates retaliation against Iran

US lawmakers face new pressure to approve military aid for Israel, and Tianqi Lithium’s strategy is at risk as Chilean President Gabriel Boric’s government works to take back control of resources. Plus, depositors put pressure on big US banks.Mentioned in this podcast:Net interest income may have peaked for Wall Street banksChina’s Tianqi Lithium’s $4bn bet on Chile at risk of backfiringIsrael weighs response to unprecedented attack by IranPressure mounts on US lawmakers to approve new aid for IsraelCredit: NBC The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Josh Gabert-Doyon, Denise Guerra, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/15/2024 • 12 minutes, 2 seconds

FT News Briefing - Winamp (4)

Swamp Notes: What’s the Republican party’s position on abortion?

Donald Trump championed the reversal of Roe vs Wade. He even called himself the “most pro-life president” in US history. But with voters outraged by abortion restrictions, Trump and other Republicans are staking out a new position on the issue. The FT’s global business columnist, Rana Foroohar, and Washington bureau chief, James Politi, join to explain why.Mentioned in this podcast:Arizona court bans almost all abortions in Trump-Biden swing stateDonald Trump says abortion law should be left to statesSign up for the FT’s Swamp Notes newsletter hereTell us what you’re thinking about the US election!  Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: Forbes Breaking News Hosted on Acast. See acast.com/privacy for more information.

4/13/2024 • 12 minutes, 43 seconds

FT News Briefing - Winamp (5)

Prime money markets funds are in trouble

Three more US regulators have opened probes into Morgan Stanley, managers are planning to shut or convert US prime money market funds ahead of new regulations, and the European Central Bank held interest rates steady. Plus, sanctioned Russian oligarchs got a big win in a top EU court. Mentioned in this podcast:EU’s sanctions regime in turmoil after oligarchs win legal battleManagers to shut or convert $220bn of US money market funds before rule changeUS allies urge Iran not to retaliate against IsraelEuropean Central Bank holds interest rates at 4% in contested decisionRegister for our FTWeekend Festival in the US! Promo code for 10% off tickets: weekendpodcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Ethan Plotkin, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/12/2024 • 13 minutes, 29 seconds

FT News Briefing - Winamp (6)

Higher for even longer

Traders slashed bets on Federal Reserve interest rate cuts, the US audit regulator issued its biggest fine ever against KPMG, and the UK’s Lloyds Banking Group plans to cut jobs in risk management after an internal review found the function was a “blocker to our strategic transformation”.Mentioned in this podcast:Markets slash rate cut bets after US inflation rises to 3.5%Investors lose hope of rapid US interest rate cuts this yearKPMG fined $25mn over exam cheating scandal at firm’s Dutch armLloyds Bank axes risk staff after executives complain they are a ‘blocker’Register for our FTWeekend Festival in the US! Promo code for 10% off tickets: weekendpodcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Cara Shillenn, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/11/2024 • 11 minutes, 15 seconds

FT News Briefing - Winamp (7)

Ecuador’s ‘unprecedented’ Mexican embassy raid

OpenAI and Meta are on the brink of releasing new artificial intelligence models, police in Ecuador stormed the Mexican embassy to arrest the former vice-president, and big investors are selling US Treasuries and buying European government bonds. Plus, Australia is trying to boost its manufacturing sector to protect against supply chain disruptions. Mentioned in this podcast:OpenAI and Meta ready new AI models capable of ‘reasoning’Ecuador’s president displays strongman credentials with Mexico embassy raidBig investors buy European bonds over US as economies diverge‘Made in Australia’ drive aims to shift economy from ‘world’s quarry’ labelRegister for our FTWeekend Festival in the US! Promo code for 10% off tickets: weekendpodcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/10/2024 • 11 minutes, 8 seconds

FT News Briefing - Winamp (8)

TSMC doubles down on Arizona

The US, UK and Australia on Monday said they were considering working with Japan in the trilateral Aukus security pact, the world’s biggest chipmaker will build cutting-edge facilities in Arizona in exchange for billions of dollars in subsidies, and the Environment Agency for England and Wales is allocating £11mn collected in fines against water companies, to environmental restoration projects.Mentioned in this podcast:TSMC boosts Joe Biden’s AI chip ambitions with $11.6bn US production dealUS, UK and Australia say Japan could join part of Aukus pactRegulator seeks to quell public anger on UK water with £11mn restoration fundRegister for our FTWeekend Festival in the US! The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/9/2024 • 11 minutes, 22 seconds

FT News Briefing - Winamp (9)

AI is coming for Google’s search

Israel moves some of its troops from southern Gaza to prepare for an operation in the city of Rafah, Google is considering charging for AI-powered search, and European defence companies are worried about their reliance on China for a critical component in gunpowder for ammunition. Plus, global stock market concentration has risen to its highest level in decades.Mentioned in this podcast:Israel says it has pulled out of Khan Younis to prepare for move on Rafah European defence groups warn over reliance on Chinese cotton used in gunpowderHow Google lost ground in the AI raceGoogle considers charging for AI-powered search in big change to business modelGlobal dominance of biggest stocks rises to highest in decadesRegister for our FTWeekend Festival in the US!The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Mischa Frankl-Duval, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/8/2024 • 12 minutes, 43 seconds

FT News Briefing - Winamp (10)

Swamp Notes: Inside Trump’s new inner circle

Donald Trump’s first term as president featured mainstream Republican figures — respected military officials, centre-right policymakers, and neoliberal business leaders  — who promised to temper his more extreme instincts. But if Trump takes office again, his White House could feature a very different cast of characters. The FT’s Washington bureau chief, James Politi, and deputy Washington bureau chief, Lauren Fedor, join this week’s Swamp Notes to discuss what a second Trump White House would look like. Mentioned in this podcast:The Trump machine: the inner circle preparing for a second termSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.  Hosted on Acast. See acast.com/privacy for more information.

4/6/2024 • 12 minutes, 28 seconds

FT News Briefing - Winamp (11)

Pressure builds for early elections in Israel

The supply of equity shares on the market is shrinking, more people in Israel are calling for early elections, and Prague says Russia is mounting cyber attacks on railway systems throughout Europe. Plus, a new plan to give a boost to Africa’s agriculture.Mentioned in this podcast:Benny Gantz calls for early elections in IsraelIsraelis hold biggest rally against Netanyahu since start of Gaza warCan Africa one day help feed the world’s growing population?Global equity supply falls at fastest pace in decades Russia is trying to sabotage European railways, warns PragueThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Zach St. Louis, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/5/2024 • 11 minutes, 26 seconds

FT News Briefing - Winamp (12)

Tesla dip: blip or bust?

Lower than expected eurozone inflation number bolsters expectations of ECB interest rate cuts by summer, People’s Liberation Army mobilisation units reflect Xi Jinping’s focus on security, Tesla faces a tough moment, and big investors line up behind management at Disney. Mentioned in this podcast:Eurozone inflation falls to 2.4% in MarchChinese companies revive Mao Zedong-era militiasWhere Tesla departs from the Mag 7The big worry for carmakers: what if the EV slowdown is not a blip?Bob Iger defeats Nelson Peltz by wide margin in Walt Disney board clashThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Michela Tindera, Cara Shillenn, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

4/4/2024 • 11 minutes, 20 seconds

FT News Briefing - Winamp (13)

Thames Water hits the gutter

Nato is trying to ‘Trump-proof’ funding for the war in Ukraine, Thames Water’s owners will start urgent restructuring talks, and birth rates are declining despite wealthy countries investing in family- friendly policies. Mentioned in this podcast:Thames Water owners to begin urgent restructuring talksWhy family-friendly policies don’t boost birth ratesNato plans $100bn ‘Trump-proof’ fund for UkraineSouthern growth spurt creates two-speed eurozone economyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Michela Tindera, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/3/2024 • 11 minutes, 56 seconds

FT News Briefing - Winamp (14)

US and UK team up to study AI

Three senior members of Iran’s Revolutionary Guards were killed on Monday in an air strike, research institutes in the US and UK will work together to mitigate the risks of AI, and Robinhood gets into the credit card business.Mentioned in this podcast:Iran accuses Israel of killing general in strike on Damascus consulateUS and UK sign landmark agreement on testing safety of AI Beyond memes: Robinhood seeks to broaden its appealSign up for the FT Alphaville pub quiz!The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/2/2024 • 10 minutes, 19 seconds

FT News Briefing - Winamp (15)

EU takes on fake news ahead of elections

Online fake news and hybrid campaigns increase ahead of European elections, investors are concerned about President Lula’s interventions in the economy, and China’s factory activity has expanded for the first time in six months.Mentioned in this podcast:Europe battles ‘avalanche of disinformation’ from RussiaLuiz Inácio Lula da Silva steps up interventions in Brazil’s largest companiesChina’s factory activity adds to signs of recoveryThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Ethan Plotkin, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/1/2024 • 12 minutes, 27 seconds

FT News Briefing - Winamp (16)

Sam Bankman-Fried gets 25 years in prison

FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for his role in the collapse of the cryptocurrency exchange, and Thames Water shareholders might take a big financial hit. Plus, what instant noodles can tell us about the economy. Mentioned in this podcast:Thames Water shareholders signal readiness to take £5bn hitFTX founder Sam Bankman-Fried sentenced to 25 years in prison for fraudLloyd’s of London chief calls for quick insurance payouts on Baltimore bridgeOodles of noodles: how a global favourite became an economic red flagThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Ethan Plotkin, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/29/2024 • 12 minutes, 10 seconds

FT News Briefing - Winamp (17)

A new day dawns for the yen

The end of negative interest rates in Japan threatens to bring a new era of volatility for the yen, and Florida and Disney resolve a legal dispute. Plus, US small-cap stocks are suffering their worst run of performance relative to large companies in more than 20 years. Mentioned in this podcast:End of negative interest rates in Japan raises threat of yen volatilityUS small-caps suffer worst run against larger stocks in over 20 yearsDisney settles lawsuit in Florida theme-park disputeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Ethan Plotkin, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/28/2024 • 9 minutes, 55 seconds

FT News Briefing - Winamp (18)

Trump’s Truth Social hits the Nasdaq

Shares in Donald Trump’s social media business soared following its New York market debut, and Visa and Mastercard have agreed to cut their US transaction fees. Plus, UBS needs to boost its wealth business to make its Credit Suisse acquisition a success. Mentioned in this podcast: Donald Trump has $4.6bn stake in social media group after market debutVisa and Mastercard agree $30bn settlement over US transaction feesCan UBS become Europe’s Morgan Stanley?In German groceries, even computers have to obey century-old ban on Sunday workThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/27/2024 • 12 minutes, 24 seconds

FT News Briefing - Winamp (19)

Why Russia was caught off guard

The UN Security Council passed a resolution demanding a ceasefire in Gaza, the Ukraine war distracted Russian security forces from addressing Islamist terrorism threats, and Boeing chief executive Dave Calhoun plans to step down at the end of the year. Plus, the FT’s Antoine Gara explains how infrastructure went from an investment backwater to a $1tn asset class. Mentioned in this podcast:How Ukraine war distracted Moscow from Isis-K threatInfrastructure: from investment backwater to a $1tn asset classIsrael cancels Washington visit after UN resolution demands Gaza ceasefireBoeing CEO Dave Calhoun to step down as company battles safety concernsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Kyra Assibey-Bonsu, Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/26/2024 • 11 minutes, 20 seconds

FT News Briefing - Winamp (20)

India’s quid pro quo trade strategy

US and Japan’s security alliance gets a makeover, a record amount of money has flooded into US corporate bond markets this year, and India is using a ‘quid pro quo’ strategy for trade talks. Mentioned in this podcast:US and Japan plan biggest upgrade to security pact in more than 60 yearsInvestors pour money into US corporate bond funds at record rateIndia’s ‘quid pro quo’ strategy for trade talksThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/25/2024 • 8 minutes, 42 seconds

FT News Briefing - Winamp (21)

Swamp Notes: Is Maga good for Biden?

Democrats have honed in on a novel campaign strategy over the past few election cycles: elevate Trump-backed candidates in GOP primaries, and then blow past them in general elections. So far, the strategy has mostly paid off, but will this risky gamble work in 2024? The FT’s deputy Washington bureau chief, Lauren Fedor, and US managing editor, Peter Spiegel, join to discuss. Mentioned in this podcast:Donald Trump-backed US Senate candidate clinches Republican nomination in OhioSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: Associated Press, WCPO-9 Hosted on Acast. See acast.com/privacy for more information.

3/23/2024 • 13 minutes, 16 seconds

FT News Briefing - Winamp (22)

US prosecutors take a bite out of Apple

Reddit shares soared during its public market debut, US prosecutors filed a landmark antitrust lawsuit against Apple, and the FT’s Sujeet Indap explains why Hertz’s pivot to electric vehicles went awry.Mentioned in this podcast:US accuses Apple of building smartphone market monopoly in antitrust caseHow Hertz’s bets on Tesla and a Goldman veteran veered off courseSocial media site Reddit soars 48% in New York IPOGet 40% off a digital FT subscription: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Kyra Assibey-Bonsu, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/22/2024 • 10 minutes, 50 seconds

FT News Briefing - Winamp (23)

Why inflation is sticking around

The west is focusing on new technology in nuclear energy to reduce reliance on Russia and carbon, and profits at Chinese ecommerce group PDD Holdings soared 146% in three months to December. Plus, price rises in services in the US are making the Federal Reserve’s decision-making over interest rates more complicated.Mentioned in this podcast:Macron to revive demands for European defence bonds Security concerns fuel nuclear energy renaissance Has inflation stopped falling?Temu-owner PDD doubles revenues to cap ‘pivotal’ yearGet 40% off a digital FT subscription: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/21/2024 • 12 minutes, 26 seconds

FT News Briefing - Winamp (24)

Bank of Japan ditches negative rates

Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied to move their headquarters to rival nations. Mentioned in this podcast:Microsoft hires DeepMind co-founder Mustafa Suleyman to run new consumer AI unitBank of Japan ends era of negative interest ratesUnilever to split off ice cream business and cut 7,500 jobsRival nations seek to poach top UK and European AI start-upsGet 40% off a digital FT subscription: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/20/2024 • 10 minutes, 54 seconds

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What Putin’s victory means for Russia

Nvidia announced a new “superchip” and Vladimir Putin’s expected electoral victory is an inflection point for Russia. Plus, the FT’s Heba Saleh explains why young people in Gaza are being called the lost generation. Mentioned in this podcast:Nvidia unveils new ‘superchip’ in push to continue dominance of AI marketVladimir Putin cements Russian rule for another six yearsThe lost future of young GazansGet 40% off a digital FT subscription: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Zach St. Louis, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/19/2024 • 10 minutes, 56 seconds

FT News Briefing - Winamp (26)

It’s central bank week!

Central banks take centre stage this week, Benjamin Netanyahu defies western allies over his strategy in Gaza, and the US National Labor Relations Board is facing challenges from some major companies. Plus, after years of negative news surrounding South Africa, there are grounds for medium-term optimism.Mentioned in this podcast:US labour watchdog attracts enemies from Amazon to SpaceXThe bullish case for South AfricaBenjamin Netanyahu defies western allies over Gaza strategyCentral bankers take centre stageGet 40% off a digital FT subscription: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Zach St. Louis, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/18/2024 • 12 minutes, 10 seconds

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Swamp Notes: The play for union power

Union workers used to be a reliable pillar of the Democratic party’s voting coalition. Then Donald Trump arrived on the scene. The FT’s global business columnist, Rana Foroohar, and US labour and equality correspondent, Taylor Nicole Rogers, join this week’s Swamp Notes to examine how President Joe Biden is trying to win workers back, and why unions may decide November’s election. Mentioned in this podcast:America’s most powerful union leaders have a message for capitalUnion workers score big pay gains as labour action sweeps USSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: UAW Hosted on Acast. See acast.com/privacy for more information.

3/16/2024 • 11 minutes, 52 seconds

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Can Telegram clean up its act?

The UAE is in talks to invest in OpenAI’s chip- making business and an Uber courier makes an app to fight against the company’s algorithms. Plus, a look at how the encrypted messaging app Telegram has become both an important news source and a hotbed of criminal activity. Mentioned in this podcast:Abu Dhabi in talks to invest in OpenAI chip venture Telegram: social media giant or the new ‘dark web’?The delivery rider who took on his faceless bossPre-Order: ‘Code Dependent’ by Madhumita Murgia The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/15/2024 • 12 minutes, 18 seconds

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Ukraine strikes targets deep in Russia

Far-right firebrand Geert Wilders has conceded he will not become prime minister of the Netherlands, Ukraine has stepped up drone strikes on oil refineries deep inside Russia, and a bill to ban TikTok in the US passed the House of Representatives. Plus, Nigeria is in the middle of a currency crisis and the government is blaming Binance for a lot of it.Mentioned in this podcast:Geert Wilders announces he will not be PMUkraine strikes oil refineries deep inside RussiaUS House votes through bill to ban TikTokNigeria pushes Binance for user data in stand-off over naira speculationThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/14/2024 • 11 minutes, 45 seconds

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The surprise winner of the US-China chip wars

The EU and US found some stop-gap funding for weapons for Ukraine, China is scrapping a number of infrastructure projects in indebted regions, and US inflation ticked up unexpectedly. Plus, tension between Beijing and Washington over access to technology has prompted many companies to open factories in south-east Asia. Mentioned in this podcast:EU and US find stop-gap funding for Ukraine weaponsChina’s treatment of local debt ‘ulcer’ threatens growth targetUS inflation rises to 3.2% in FebruaryMalaysia: the surprise winner from US-China chip warsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Breen Turner, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/13/2024 • 10 minutes, 42 seconds

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Reddit hits the road ahead of IPO

Reddit’s public offering could set the tone for start-ups looking to list in 2024, and the EU wants to give Ukraine up to €3bn. Plus, there are new plans to deliver aid to Gaza to help the enclave avoid famine. Mentioned in this podcast:Brussels aims to fast track up to €3bn for Ukraine from frozen Russian assetsReddit aims to raise more than $500mn in IPOEU ministers approve ‘status quo’ rules for gig economy workers Can ships carrying aid help avert famine in Gaza?The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/12/2024 • 10 minutes, 50 seconds

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What we learned from the collapse of SVB

America’s regulators say new rules will help maintain the dominance of US Treasuries, and there are still weaknesses in regional banking a year after the failure of Silicon Valley Bank. Plus, a new Bain & Co report reveals that private equity groups are sitting on a record of unsold assets.Mentioned in this podcast:The radical changes coming to the world’s biggest bond marketNumber of weak US banks jumps as NYCB stabilised on $1bn capital raiseDealmaking slowdown leaves private equity with record unsold assetsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Saffeya Ahmed, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/11/2024 • 10 minutes, 41 seconds

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Swamp Notes: Did Biden's State of the Union hit the mark?

Joe Biden was in the spotlight this week as he made his annual State of the Union address. It was his chance to not only speak directly to the American people, but also prove that he’s up to the task of campaigning for re-election. So how did he do? The FT’s US national editor and columnist, Edward Luce, and Washington reporter, Steff Chávez, join us to discuss. Mentioned in this podcast:Joe Biden just kicked off his re-election campaignBiden attacks Trump in fiery State of the Union speechSign up for the FT’s Swamp Notes newsletter hereUS Election Countdown newsletterSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. CREDIT: PBS, ABC News  Hosted on Acast. See acast.com/privacy for more information.

3/9/2024 • 12 minutes, 48 seconds

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A look at Temu’s murky business model

Instagram overtook TikTok in new app downloads last year, US President Joe Biden announced a plan to set up a port on the coast of Gaza to help facilitate aid delivery to the enclave, and a huge corruption case in Vietnam has captured the country’s attention. Plus, the FT’s Dan McCrum unpacks the mystery behind how Temu took over the retail world. Credit: TemuMentioned in this podcast: Trial begins for Vietnamese property tycoon accused of $12bn fraudThe mysterious rise of the Chinese ecommerce giant behind TemuUS plans to establish port on Gaza coast to step up aid deliveriesInstagram overtakes TikTok in app downloads in race for new usersThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/8/2024 • 10 minutes, 33 seconds

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Is private equity actually worth it?

Bayer chief executive Bill Anderson has ruled out a fresh capital increase and Ghana’s finance minister is concerned that the country’s new anti-LGBT+ law will put its international funding at risk. Plus, the FT’s Robin Wigglesworth examines whether private equity is a good fit for Norway’s sovereign wealth fund. Mentioned in this podcast:Bayer chief rules out capital increase as investors slam turnaround planIs private equity actually worth it?Anti-LGBT+ law puts Ghana’s IMF and World Bank funding at risk, finance ministry warnsNikki Haley ends White House bid but does not endorse Donald TrumpThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/7/2024 • 12 minutes

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China hopes for a big economic rebound

Chancellor Jeremy Hunt will on Wednesday put a £10bn personal tax cut at the heart of his Budget, and China is setting a 5 per cent growth target for this year. Plus, the FT’s Michael Stott sat down with Argentina’s president Javier Milei to talk about the country’s economy. Credit: APMentioned in this podcast:Jeremy Hunt set to cut national insurance by 2p in UK BudgetArgentina’s Javier Milei says he doesn’t need congress to save the economyChina sets ‘ambitious’ 5% growth target and flags risks to economySingapore defends exclusive deal for Taylor Swift concerts in south-east AsiaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/6/2024 • 10 minutes, 17 seconds

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The politics behind the UK Budget

Gold prices have surged close to record levels, and the EU has fined Apple €1.8bn as it boosts its fight against Big Tech. Plus, the FT’s Sam Fleming explains whether the Conservatives planned tax cuts will actually affect the outcome of the upcoming UK election. Mentioned in this podcast:Apple hit with €1.8bn fine for breaking EU law over music streamingWill Big Tech agree to play by Europe’s rules?The hard Budget choices facing a cash-strapped UKThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

3/5/2024 • 10 minutes, 15 seconds

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Cracks widen in Israel’s war cabinet

China has pledged “computing vouchers” to subsidise its AI startups, Bayer is still struggling to move past its Roundup woes, and an Israeli senior minister visits the White House. Plus, Warren Buffett is sounding the alarm over wildfires and the utilities industry.  Mentioned in this podcast:Buffett sounds wildfire alarm as utilities industry enters new eraBayer slashes dividend by 95% as it steps up effort to cut debtBayer’s struggling Roundup court strategyChina offers AI computing ‘vouchers’ to its underpowered start-upsNetanyahu allies lash out at Gantz over Washington tripThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Persis Love, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/4/2024 • 12 minutes

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Swamp Notes: Biden and Trump’s immigration duel

The issue of immigration might be Donald Trump’s biggest political boon ahead of the US election in November, but President Joe Biden went to the US-Mexico border this week to try to change the narrative. The FT’s Houston correspondent, Myles McCormick, and US political news editor, Derek Brower, join this week’s Swamp Notes to examine whose case voters find more convincing. Credit: Fox10, PBS NewsHourMentioned in this podcast:Surge in border crossings creates political upheaval in the USJoe Biden and Donald Trump head to Texas as immigration debate heats upSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/2/2024 • 12 minutes, 50 seconds

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Formula One’s road map to success

The cost of Rishi Sunak’s plan to send asylum seekers to Rwanda could exceed £580mn by the end of the decade, and Toyota’s bet on hybrid vehicles has paid off, so far. Plus, the FT’s Samuel Agini explains how Formula One is trying to reinvent itself. Credit: Formula 1; NetflixMentioned in this podcast:Rishi Sunak’s Rwanda asylum scheme could cost UK £580mn, watchdog warnsWas Toyota’s bet on hybrid cars right all along?Formula One’s growing painsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/1/2024 • 12 minutes

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McKinsey’s China problem

Uber chief executive Dara Khosrowshahi has received about $136mn in stock options after hitting a performance target, and Adani is working to push India’s military capabilities. Plus, the FT’s Stephen Foley explains why McKinsey is drawing ire from US lawmakers. Mentioned in this podcast:US Supreme Court will hear Trump presidential immunity appealMcKinsey-led think-tank advised China on policy that fed US tensionsMcKinsey website touted its advice to Chinese government ministriesAdani answers Modi's call to armsRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/29/2024 • 10 minutes, 9 seconds

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Should western troops go to Ukraine?

Vladimir Putin’s forces have rehearsed using tactical nuclear weapons at an early stage of conflict with a major world power and Emmanuel Macron, president of France, has refused to rule out sending troops to Ukraine. Plus, profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s 'hostile' policies.Mentioned in this podcast:Leaked Russian military files reveal criteria for nuclear strikeMacron says sending western troops to Ukraine cannot be ruled outGermany rebuffs Emmanuel Macron on troops in Ukraine and tells Paris to ‘supply more weapons’Oil and gas profits triple under Joe Biden even as industry decries himThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Michela Tindera, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/28/2024 • 9 minutes, 19 seconds

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Sweden set to join the Nato club

Sweden is set to become a Nato member, the UK Financial Conduct Authority is planning to name firms under investigation at a much earlier stage, and Microsoft has struck a deal with a French artificial intelligence start-up to broaden its involvement in the industry beyond OpenAI.Mentioned in this podcast:Sweden overcomes final hurdle to join Nato in historic shiftFCA plans to name firms under investigation in UK deterrence driveMicrosoft strikes deal with Mistral in push beyond OpenAIThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/27/2024 • 9 minutes, 19 seconds

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Biotech is back

Israel plans to raise debt and taxes to fund its war in Gaza and global house prices are on the rise. Plus, FT correspondent Paola Tamma discusses some of the troubles plaguing the EU’s key pandemic stimulus fund.  Mentioned in this podcast:US biotech fundraising boom ends 2-year deal droughtIs the EU’s Covid recovery fund failing?Global house prices rebound as economists predict turning point Israel plans $60bn debt raising and tax rises to fuel defence spendingThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Jess Smith, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/26/2024 • 9 minutes, 55 seconds

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Swamp Notes: Trump’s legal troubles

Former US President Donald Trump is the subject of four criminal cases and several civil suits. That means the presumptive Republican nominee will be spending a lot of time in courtrooms ahead of voting day in November. Still, it looks like all these legal liabilities might be giving him a political boost. The FT’s US legal and defence correspondent, Stefania Palma, and US managing editor, Peter Spiegel, join this week’s Swamp Notes to explain why.Mentioned in this podcast:Are US presidents above the law?Donald Trump’s legal bill and Joe Biden’s cash boost: inside the 2024 money raceSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor, and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/24/2024 • 12 minutes, 55 seconds

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Russia’s failed efforts to rebuild in Ukraine

The UK and EU will on Friday sign a deal to co-operate more closely in tackling illegal immigration and criminal gangs, and Japan’s Nikkei 225 index hit a record high after 34 years. Plus, the FT’s Alison Killing talks about Russia’s failed rebuilding of the Ukrainian city of Mariupol. Mentioned in this podcast:UK and EU agree to co-operate more closely on migrationJapan’s Nikkei 225 index eclipses record high after 34 yearsInside Mariupol: Russia’s new Potemkin villageThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/23/2024 • 12 minutes, 3 seconds

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HSBC profits nosedive

Nvidia’s net income soared nearly 800 per cent in the latest quarter compared to the same period in 2022, HSBC reported an 80 per cent drop in quarterly profit, and Boeing is replacing the executive in charge of manufacturing its 737 Max aircraft. Plus, Indonesia’s incoming president is creating concerns for the country’s democracy. Mentioned in this podcast:Nvidia declares AI ‘tipping point’ as quarterly revenues jump 265%HSBC shares fall most since 2020 after profits plummet 80%Boeing ousts head of 737 Max programmeWhat Prabowo Subianto’s presidential election win means for IndonesiaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/22/2024 • 8 minutes, 53 seconds

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Discover what’s in Capital One’s wallet

Donald Trump is losing support from small donors, US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, and Barclays updated investors on its strategy for the first time in eight years. Mentioned in this podcast:Donald Trump’s donor numbers fall by 200,000 compared with 2019Capital One agrees to buy Discover Financial for $35bnBarclays to return £10bn to shareholdersSubscribe to the FT US Election Countdown newsletterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Saffeya Ahmed, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/21/2024 • 9 minutes, 41 seconds

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Israel’s economy slumps

Ukraine withdraws from Avdiivka, lacking weaponry and ammunition, and there are questions about OpenAI’s business model.Mentioned in this podcast:Israel’s economy shrank at 20% rate after outbreak of warCan OpenAI create superintelligence before it runs out of cash? External LinkBattle for Avdiivka tests Ukraine’s new commanderThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Josh Gabert-Doyon, Manuela Saragosa, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/20/2024 • 11 minutes, 52 seconds

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What next for Russia after Navalny?

The European Union plans to hit Apple with a €500mn fine over music streaming, German companies make record investments in the US, and emerging market investors switch to ETFs that exclude China.Mentioned in this podcast:US investors in emerging markets switch to ETFs that exclude ChinaNavalny’s allies accuse Russian authorities of trying to cover up his deathEU to hit Apple with first ever fine in €500mn penalty over music streamingThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Josh Gabert-Doyon, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/19/2024 • 11 minutes, 9 seconds

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Swamp Notes: Donald Trump takes on Nato (again)

Donald Trump picked plenty of fights with Nato during his time in office. Now, even as war rages in Ukraine, candidate Trump is back at it. But is his aggressive attitude toward Nato resonating with American voters? The FT’s Lauren Fedor and Alec Russell join this week’s Swamp Notes to discuss.Mentioned in this podcast:Nato needs to prepare for Trump’s unilateralism on steroidsDonald Trump says Russia can do what it wants to Nato allies who pay too littleSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor, and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Read a transcript of this episode on FT.comCREDIT: Comedy Central, Bloomberg Television, Daily Mail Hosted on Acast. See acast.com/privacy for more information.

2/17/2024 • 12 minutes, 45 seconds

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Asset managers cool on climate group

European Commision president Ursula von der Leyen says Europe’s military needs to step up and two of the world’s biggest asset managers are quitting an investor group set up to prod companies over global warming. Plus, big food companies are jumping into new farming practices meant to store carbon underground, but there are significant hurdles. Mentioned in this podcast:Von der Leyen calls on EU to subsidise defence productionJPMorgan and State Street quit climate group as BlackRock scales backThe dubious climate gains of turning soil into a carbon sinkHedge fund stampede into cocoa futures fuels record price spikeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/16/2024 • 11 minutes, 43 seconds

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Will Germany lead Nato?

UK chancellor Jeremy Hunt is considering slashing public spending to fund pre-election tax cuts, Germany is looking to boost its defence spending at a crucial time for Europe, and Citigroup has started tracking how many calls its private bankers are making to clients. Plus, the FT’s Madison Marriage talks about her new podcast on the dangers of meditation retreats.Mentioned in this podcast:Jeremy Hunt faced with slashing UK public spending to fund tax cutsWill Germany deliver on its grand military ambitions?Citi starts tracking how often private bankers call clientsUntold: The RetreatThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/15/2024 • 11 minutes, 2 seconds

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Arm’s share price goes crazy

Investors scaled back bets that the US Federal Reserve will begin cutting interest rates in May, and Arm shares soared after the UK chip designer reported higher revenues boosted by strong demand for artificial intelligence. Plus the FT’s Felicia Schwartz explains how the relationship between US President Joe Biden and Benjamin Netayahu, prime minister of Israel, is being affected by the war in Gaza. Mentioned in this podcast:Investors scale back bets of May rate cut on strong US inflation figuresUnhedged newsletter: Is Arm really an AI stock?Unhedged podcastArm’s an AI stock now. When’s the crash?The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/14/2024 • 11 minutes, 32 seconds

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Wall Street fell out of love with equity hedge funds

US law firm Latham & Watkins is cutting off automatic access to its international databases for its Hong Kong-based lawyers, one of the oldest and best-known hedge fund strategies has suffered nearly $150bn in client withdrawals over the past five years, and the price of bitcoin touched $50,000 for the first time since 2021. Plus, the FT’s Kaye Wiggins explains how a Chinese financier is turning small businesses into a data gold mine. Mentioned in this podcast:Latham & Watkins cuts off its Hong Kong lawyers from international databasesDecline of the star stockpicker: investors pull $150bn from equity hedge fundsBitcoin price touches $50,000 after spot ETF launches spur demandThe financier turning China’s noodle joints and karaoke bars into a data gold mineThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/13/2024 • 11 minutes, 27 seconds

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Imran Khan rises again in Pakistan

EY took on $700mn in debt for its failed “Project Everest” plan, and tech companies are shedding jobs in a pivot to AI. Plus, Shein is seeking Beijing’s approval ahead of its IPO. Mentioned in this podcast:Pakistan in power vacuum after Imran Khan defies election odds from jailEY took on $700mn in debt for doomed ‘Project Everest’ spin-off planShein seeks Chinese regulators’ tacit approval for US public offeringTech companies axe 34,000 jobs since start of year in pivot to AIThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Mischa Frankl-Duval, Breen Turner, Zach St. Louis, Saffeya Ahmed, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/12/2024 • 10 minutes, 32 seconds

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Untold: The Retreat, Ep. 1 - Dear Madison

Introducing Untold: The Retreat, a new podcast from the special investigations team at the Financial Times. In the first episode of The Retreat, Madison Marriage receives an email from a desperate father named Stephen. Over the past five years, he says, his twin daughters have changed drastically. They were bright and outgoing, with exciting plans for their future. But over their early twenties, they became increasingly distressed, struggling to eat or sleep and disassociating from normal life. Stephen believes the root of his daughters’ problems is a particular network of intensive meditation retreats.For support or more information about adverse meditation experiences, take a look at the Cheetah House website.If you are in need of urgent mental health support, please contact your local emergency services or reach out to a mental health helpline, such as the 988 Suicide and Crisis Lifeline in the US or Samaritans in the UK.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/11/2024 • 42 minutes, 46 seconds

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Swamp Notes: Is it the economy, stupid?

Description: For decades, common political wisdom has held that Americans vote based on their satisfaction with the economy. But even as the US economy booms, with persistently low unemployment and wage growth outpacing inflation, President Joe Biden’s approval rating continues reaching record lows. The FT’s Rana Foroohar and James Politi join this week’s Swamp Notes to explain why. Mentioned in this podcast:What if it’s not the economy, stupid?Why Biden gets little credit for a strong US economySign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Jake Harper, Sonja Hutson, Lauren Fedor, Marc Filippino and Ethan Plotkin. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

2/10/2024 • 11 minutes, 15 seconds

FT News Briefing - Winamp (59)

Chill out. Netflix is winning the streaming wars

Ukraine’s President Volodymyr Zelenskyy dismisses his top commander, Gaza’s last refuge is Israel’s next target and OpenAI is on track to hit $2bn in revenue.  Mentioned in this podcast:Volodymyr Zelenskyy dismisses Ukraine’s ‘iron general’Visual analysis: Gaza’s last refuge becomes Israel’s next targetDisney, Fox and Warner sports streaming platform foreshadows consolidationOpenAI on track to hit $2bn revenue milestone as growth skyrocketsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Breen Turner, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/9/2024 • 11 minutes, 7 seconds

FT News Briefing - Winamp (60)

Your Uber profits have arrived

Labour leader Sir Keir Starmer is set to announce the party is abandoning its target to spend £28bn a year on green investment, Uber has reported its first annual operating profit, and the far-right winner of Dutch elections just can't seem to form a government. Mentioned in this podcast:Labour set to ditch plan to spend £28bn a year on green investmentGeert Wilders struggles to find coalition partners in the NetherlandsUber records first annual profits as market value approaches $150bnBenjamin Netanyahu rejects ‘delusional’ Hamas terms for hostage dealThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/8/2024 • 9 minutes, 54 seconds

FT News Briefing - Winamp (61)

The story behind the money going to Mexico

Standard Chartered has sounded out UK political heavyweights Sir Charles Roxburgh and Sir Sajid Javid as potential candidates for its next chair, BP reported its second-biggest annual profit in a decade, and the FT’s Michael Stott explains the dark side of money flowing from the US to Mexico. Plus, WeWork’s former CEO Adam Neumann is trying to buy the company out of bankruptcy. Mentioned in this podcast:Standard Chartered taps political heavyweights as potential new chairBP targets boost for returns as it delivers second biggest profit in a decadeThe darker side of Mexico’s $63bn remittances boomAdam Neumann seeks to buy WeWork out of bankruptcyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/7/2024 • 10 minutes, 33 seconds

FT News Briefing - Winamp (62)

Pakistan’s Imran Khan fights an election from jail

China’s national chip champions expect to make next-generation smartphone processors as early as this year, and Northern Ireland is trying to chart a path forward under a new, historic power-sharing agreement. Plus, a former Pakistan prime minister is barred from this week’s election but is using chatbots and social media to energise his party’s supporters. **Please note that a segment in today’s episode contains audio that was produced by artificial intelligence.**Mentioned in this podcast:China on cusp of next-generation chip production despite US curbsImran Khan taps AI and TikTok to fight Pakistan election from jailCash crisis waits for Northern Ireland’s restored executiveThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Saffeya Ahmed, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. CREDIT: @PTIOfficialPKRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/6/2024 • 11 minutes, 13 seconds

FT News Briefing - Winamp (63)

Turkey’s central bank chief steps down

Plans for a code on how AI models can use copyrighted materials have stalled in the UK, and US forces carried out strikes against Iran-backed militants over the weekend. Plus, the FT’s Owen Walker explains why the tides are turning against European banks. Mentioned in this podcast:Turkey central bank governor quits and points to campaign against herBNP Paribas shares fall after downgrade to profit targetDeutsche Bank pledges to boost dividend and cut jobsSantander earnings boosted by strong performance in EuropeJulius Baer’s profits tumble 52% as Signa hit triggers CEO exitTurkey’s central bank rocked by another leadership shake-upUS and UK hit Houthis in fresh air strikes against Iran-backed militiasUK shelves proposed AI copyright code in blow to creative industriesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Saffeya Ahmed, Zach St. Louis, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/5/2024 • 11 minutes, 18 seconds

FT News Briefing - Winamp (64)

Swamp Notes: How money is shaping the 2024 US election

Business leaders backed away from Donald Trump after his supporters attacked the US Capitol in 2021. Now, political donors are warming to the former president again as he runs for his party’s nomination ahead of elections later this year. The FT’s Alex Rogers and Edward Luce explain why donations are flowing in the way they are.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/3/2024 • 12 minutes, 14 seconds

FT News Briefing - Winamp (65)

Big tech continues to rock

Meta will reward shareholders with its first-ever dividend and an additional $50bn in share buybacks, US President Joe Biden has approved financial sanctions on Israelis in the West Bank, and Tesla chief executive Elon Musk is hitting back after a Delaware court struck down his $56bn pay package. Plus, the EU has agreed a deal on a €50bn financial support package for Ukraine. Mentioned in this podcast:EU agrees €50bn support package for UkraineUS to put sanctions on Israeli settlers responsible for West Bank violenceTesla shareholders will vote on moving incorporation to Texas, says Elon MuskWhat the $56bn Tesla pay deal setback means for Elon Musk and his empireFormula One’s Lewis Hamilton to join Ferrari from MercedesMeta dividend signals 'coming of age' for Mark Zuckerbergs companyCREDIT: Formula 1The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/2/2024 • 11 minutes, 27 seconds

FT News Briefing - Winamp (66)

Viktor Orbán: the EU’s chief disrupter

The US Federal Reserve held interest rates at a 23-year high, the EU’s battle with Hungarian prime minister Viktor Orbán could come to a head on Thursday, and Boeing withheld its usual financial guidance for the coming year while vowing to focus on the safety of its operations. Mentioned in this podcast:Federal Reserve holds interest rates steady as market focuses on timing of 2024 cutsViktor Orbán: what is the end game for Europe’s chief disrupter?Boeing postpones annual guidance amid 737 Max crisisThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/1/2024 • 10 minutes, 44 seconds

FT News Briefing - Winamp (67)

Palestinians pay the price for UN allegations

Microsoft reported record quarterly revenues, the IMF projects the Russian economy and the global economy will grow faster than previously expected, and the UN’s agency for Palestinian refugees is in crisis after allegations that some of its staff were involved in the October 7 attacks on Israel.Mentioned in this podcast:Cloud strength and AI excitement boost Microsoft revenueAlphabet’s advertising growth falls short of Wall Street expectationsIMF raises Russia growth outlook as war boosts economyA UN agency in Gaza is in crisis. Palestinians may pay the priceIsraeli intelligence accused UN staff of kidnap and seizing bodyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/31/2024 • 11 minutes, 34 seconds

FT News Briefing - Winamp (68)

China’s not so Evergrande

Binance has bowed to pressure from customers who want to hold their assets with an independent custodian, a Hong Kong court has ordered property giant China Evergrande to be wound up, and Brazil’s President Luiz Inácio Lula da Silva is returning to an old but controversial playbook to jump-start the country’s economy.Mentioned in this podcast:Binance bows to trader demands to keep their assets elsewhereChinese developer Evergrande ordered to be wound up by Hong Kong courtChina Evergrande liquidation to test Hong Kong’s reachLula’s playbook: Brazil bets on a return to state capitalismThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/30/2024 • 10 minutes, 20 seconds

FT News Briefing - Winamp (69)

The challenges to a ceasefire in Gaza

Brussels threatens to hit Hungary’s economy if Viktor Orbán vetoes Ukraine aid, the UN’s highest court orders Israel to limit harm to Palestinians in Gaza, Germany’s carmakers are struggling amidst the transition to electric vehicles, and EY and Bank of America are monitoring workers’ in-office attendance. Mentioned in this podcast:ICJ orders Israel to limit harm to Palestinians in GazaGerman car suppliers struggle to adjust to EV shiftBrussels threatens to hit Hungary’s economy if Viktor Orbán vetoes Ukraine aidEY starts monitoring UK staff office attendance with turnstile dataBiden says Iran-backed militants killed 3 US servicemen in drone attackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao, Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/29/2024 • 11 minutes, 54 seconds

FT News Briefing - Winamp (70)

Swamp Notes: GOP primaries and the power of incumbency

So far the Republican primaries have had very few surprises. Former President Donald Trump continues to be the favourite. On the first episode of Swamp Notes, the FT’s Lauren Fedor and Peter Spiegel unpack how Trump is winning these races as if he were an incumbent, what was in it for the other Republican candidates, and why former South Carolina Governor Nikki Haley is staying in the race.Mentioned in this podcast:Donald Trump warns Nikki Haley’s billionaire backers to halt supportNikki Haley, the woman determined to keep taking on TrumpDonald Trump wins New Hampshire primary but Nikki Haley vows to fight onDonald Trump moves closer to Republican coronation after Ron DeSantis ‘kisses the ring’Donald Trump draws on arsenal of slurs to attack rivals for Republican nominationSign up for the FT’s Swamp Notes newsletter hereRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/27/2024 • 14 minutes, 1 second

FT News Briefing - Winamp (71)

How airlines are handling the Boeing fiasco

The Federal Trade Commission has launched an inquiry into the partnerships between Big Tech cloud providers and generative AI companies, the European Central Bank is keeping rates on hold, and Boeing’s problems are having a ripple effect on the broader airline industry. Plus, take a sneak peek at a new show we’re launching called Swamp Notes! Mentioned in this podcast: Donald Trump wins New Hampshire primary but Nikki Haley vows to fight onAmerican Airlines chief says Boeing’s quality problems ‘unacceptable’Christine Lagarde says ‘disinflation process is at work’Big Tech’s AI partnerships draw inquiry from FTCFT Swamp NotesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/26/2024 • 10 minutes, 58 seconds

FT News Briefing - Winamp (72)

There’s active interest in passive funds

The US aviation regulator has blocked Boeing from expanding production of its most popular plane, the fight between Poland’s Donald Tusk and Andrzej Duda heats up, a research group forecasts 56% of total US fund assets will be passively managed by 2027, the French government presses the UK to help fill a multibillion-pound hole in nuclear projects, and Israel is creating a buffer zone within Gaza. Mentioned in this podcast:Regulator blocks expanded production of Boeing’s 737 MaxFeud between Poland’s Donald Tusk and Andrzej Duda intensifies over presidential pardonRachman Review podcastPassive eclipses active in US fund market as assets swell to $13.3tnFrench government presses the UK to help fill multi billion-pound hole in nuclear projectsIsrael demolishes buildings to create buffer zone within GazaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/25/2024 • 9 minutes, 41 seconds

FT News Briefing - Winamp (73)

Resuscitating Hong Kong’s stock exchange

Turkey’s parliament has voted in favour of Sweden joining Nato and Arab nations are about to unveil a peace plan for Israel and Hamas. Plus, the FT’s Kaye Wiggins explains whether a leadership change can help revive the Hong Kong Stock Exchange. Mentioned in this podcast:Turkish parliament votes in favour of Sweden’s accession to NatoHow China’s slowdown is deepening Hong Kong’s ‘existential crisis’Arab nations develop plan to end Israel-Hamas war and create Palestinian stateThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/24/2024 • 9 minutes, 31 seconds

FT News Briefing - Winamp (74)

Can the yield curve still predict recessions?

An inverted yield curve is sending jitters across the US economy, Japanese IT conglomerate Fujitsu is in hot water over its involvement in the UK Post Office scandal, and new details have emerged over how the SEC’s X account was hacked. Mentioned in this podcast:UK Post Office scandal exposes risks of Fujitsu’s hands-off approachYield curve adds to mystery over US economySEC says bitcoin X breach came after phone number was swappedThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva, Gavin Kallmann, and Josh Gabert-Doyon. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/23/2024 • 10 minutes, 41 seconds

FT News Briefing - Winamp (75)

What’s next for Bitcoin ETFs?

Poland secures EU concession to limit food exports from Ukraine, Ron DeSantis ends his bid for the White House, investors turn to BlackRock and Fidelity for new crypto products, the US oil and gas industry is struggling to recruit Gen Z workers, and AI dominates Davos.Mentioned in this podcast:US bitcoin ETFs pull in $871mn in first three days of tradingThe US shale magnate trying to sell oil and gas jobs to Generation ZThe top takeaways from this year’s World Economic ForumPoland secures EU concession to limit food exports from Ukraine Ron DeSantis drops out of White House race and endorses TrumpCREDIT: World Economic ForumThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Josh Gabert-Doyon, Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/22/2024 • 12 minutes, 7 seconds

FT News Briefing - Winamp (76)

What if AI knows your death date?

UK chancellor Jeremy Hunt has signalled he wants to cut taxes further in the coming months, the conflict in the Red Sea is rekindling fears over oil and inflation, and the FT’s Anjana Ahuja says scientists have developed artificial intelligence models to predict how long people will live. Mentioned in this podcast:UK chancellor signals he wants more tax cuts before electionWhy US strikes in Middle East are rekindling fears over oil and inflationCould an AI ‘death calculator’ actually be a good thing?The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/19/2024 • 10 minutes, 56 seconds

FT News Briefing - Winamp (77)

China is not out of the woods yet

A top IMF official has warned that central banks need to move cautiously on cutting rates this year, BP has appointed interim boss Murray Auchincloss as its permanent chief executive, and Rishi Sunak quelled a rightwing Conservative revolt over his flagship Rwanda asylum bill. Plus, the FT’s Joe Leahy explains why China’s population decline accelerated in 2023 as its economy grew at one of the lowest rates in decades. Mentioned in this podcast:IMF official warns central banks against fuelling inflation with rapid rate cuts Stocks drop as ECB and UK inflation puncture interest rate cut hopesBP appoints interim boss Murray Auchincloss as permanent chiefTory rebels abandon revolt over Rishi Sunak’s Rwanda billChina’s population decline accelerates as economy reaches low growth targetThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/18/2024 • 10 minutes, 6 seconds

FT News Briefing - Winamp (78)

The uphill battle to beat Trump

Wage growth is slowing in the world’s largest economies, a federal judge stopped JetBlue’s planned deal to buy Spirit Airlines, and the EU’s tax on ‘dirty’ imports could fragment global trade. Plus, the FT’s Lauren Fedor explains the uphill battle for the Republican presidential nomination that Nikki Haley and Ron DeSantis are facing. Mentioned in this podcast:Wage growth slows in world’s major economiesHow global trade could fragment after the EU’s tax on ‘dirty’ importsJetBlue’s $3.8bn bid for rival airline Spirit blocked by US judgeNikki Haley and Ron DeSantis running out of time to stop Donald TrumpThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/17/2024 • 10 minutes, 46 seconds

FT News Briefing - Winamp (79)

US-owned ship attacked off Yemen

Red Sea shipping route remains dangerous. What's behind Chinese carmaker BYD's success in the electric vehicle market? And new figures show Germany was the world’s weakest-performing major economy last year.Mentioned in this podcast:Germany was worst-performing major economy last yearChina’s electric vehicle dominance presents a challenge to the westWang Chuanfu, the driving force behind BYD’s riseThe FT News Briefing was produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Persis Love, Josh Gabert-Doyon, and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Simon Panayi. Topher Forhecz and Manuela Saragosa were executive producers. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/16/2024 • 9 minutes, 25 seconds

FT News Briefing - Winamp (80)

Taiwan defies China in election

Taiwan’s presidential election shows that voters are willing to defy China, the 2024 US presidential election kicks off today, and American banks say that American consumers are in good shape. Mentioned in this podcast:What Taiwanese voters’ defiance means for ChinaBanks say US consumers in good shape but poll shows Biden gets no creditIowa poll shows Trump far ahead of rivals in Republican raceCredit: CBS NewsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/15/2024 • 11 minutes, 3 seconds

FT News Briefing - Winamp (81)

The world’s biggest mining project finally gets off the ground

The US and the UK have carried out military strikes against Iran-backed Houthi rebels, US inflation numbers for December cool expectations for interest rate cuts in March. Plus, the FT’s Tom Wilson explains why the world’s biggest mining project took so long to get off the ground and whether it was worth the headache. Mentioned in this podcast:US and UK launch strikes against Houthi rebels in YemenBuckle up — the inflation battle is entering a new phaseWorld’s biggest mining project to start after 27 years of setbacks and scandalsNewsletter: Chris Giles on Central BanksThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Josh Gabert-Doyon Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/12/2024 • 11 minutes, 30 seconds

FT News Briefing - Winamp (82)

What ETFs mean for bitcoin

US President Joe Biden plans to send a high-level delegation to Taipei after the election in Taiwan on Saturday, the US Securities and Exchange Commission has approved the first spot bitcoin exchange traded funds, and the Iran-backed militant group known as the Houthis are stepping up its attacks in the Red Sea. Mentioned in this podcast:Joe Biden to send delegation to Taipei after Taiwan’s electionTaiwan’s pivotal vote: China casts shadow over island’s electionSEC approves first spot bitcoin ETFs in boost to crypto advocatesWho are the Houthis?Subscribe to The Rachman ReviewFollow Untold: The Retreat on Apple Podcasts, Spotify or wherever you listen to podcasts.The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/11/2024 • 11 minutes, 22 seconds

FT News Briefing - Winamp (83)

The scramble for a new EU leader

Chinese companies are resorting to chips repurposed from standard PC gaming products to develop artificial intelligence tools, and Charles Michel’s run for European parliament is causing a scramble to replace him. Plus, a new TV show is firing Brits up over a decades-old post office scandal. Mentioned in this podcast:Chinese companies resort to repurposing Nvidia gaming chips for AIHow Charles Michel’s parliament plan fires up the EU’s top job battleHow a Post Office drama galvanised Britain The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/10/2024 • 10 minutes, 35 seconds

FT News Briefing - Winamp (84)

Can Boeing get back on track?

Shares in Boeing and supplier Spirit AeroSystems tumbled after a mid-flight accident, and tens of thousands of Afghan women and girls have been able to join online study programmes despite the Taliban’s ban on female education. Mentioned in this podcast:Boeing and supplier shares fall after mid-flight Alaska Airlines accidentAfghan women and girls flock online to evade Taliban curbs on female educationBiden says he is pressing Israel to ‘significantly get out’ of GazaIsrael says it has destroyed Hamas as a fighting force in north GazaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/9/2024 • 10 minutes, 19 seconds

FT News Briefing - Winamp (85)

Football clubs are pouring billions into stadiums

A pile up of bad debt threatens to sour investors’ growing optimism about the prospects for the US’s largest banks, and European football clubs are pouring money into transforming stadiums. Plus, the FT’s Joe Miller explains why another bad bet by SoftBank could be trouble for the Japanese group. Mentioned in this podcast:SoftBank’s Gen Z social media bust: was IRL the next Facebook or a fraud?The European football clubs turning stadiums into cash cowsLargest US banks set to log sharp rise in bad loansThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/8/2024 • 11 minutes, 37 seconds

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Local Chinese banks get a lifeline

One of the world’s top gold producers fired its chief executive for serious misconduct, Chinese provinces pumped a record $31bn of capital into fragile regional banks last year, and German inflation accelerated to its fastest rate for three months in December. Plus, a study shows widespread untracked fishing is hindering global efforts to protect depleted fish stocks and marine environments. Mentioned in this podcast:Endeavour Mining CEO dismissed for serious misconductOff-radar fishing threatens efforts to preserve stocks, study warnsChina steps up aid for regional banks as economic risks mountGerman inflation rises to 3.8% in blow to rate-cut hopesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/5/2024 • 10 minutes, 20 seconds

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Convertible bonds are so hot right now

Minutes from the December Federal Reserve meeting show that officials were committed to higher-for-longer interest rates, convertible bonds have been a rare bright spot for corporate fundraising, and two bombs killed more than a hundred people in southern Iran yesterday. Plus, some Russians convicted of gruesome crimes are returning to their communities after fighting in Ukraine.  Mentioned in this podcast:Fed officials said rates could remain high ‘for some time’US companies dive into convertible debt to hold down interest costsBomb blasts at Iranian commander’s grave kill nearly 100The Russian murderers sent home as free men after fighting in UkraineThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/4/2024 • 10 minutes, 36 seconds

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BlackRock and Vanguard duke it out over ETF market

Russia has fired a second massive barrage of the new year on Ukraine’s capital and the country’s second-largest city, Benjamin Netanyahu’s rightwing allies have blasted Israel’s top court for striking down a controversial law aimed at overhauling the country's judiciary, and BlackRock’s lead in the US exchange traded fund market is being eroded by Vanguard and smaller rivals.Mentioned in this podcast:Russia pounds Ukraine in new year’s second massive air strikeBenjamin Netanyahu’s allies blast top court but wait to revive judicial overhaulVanguard and rivals gain ground on BlackRock in US ETF marketThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/3/2024 • 10 minutes, 7 seconds

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Markets, elections and AI in 2024

The FT’s Peter Spiegel, Katie Martin and Elaine Moore preview what could happen in geopolitics, markets and artificial intelligence in 2024.The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/2/2024 • 13 minutes, 28 seconds

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From “What Next”: Wait, China’s Taking Our Pandas Back?

FT News Briefing presents a special episode from Slate’s “What Next” podcast, hosted by Mary Harris. Everybody loves pandas—and China knows it. As we say goodbye to the National Zoo’s pandas, this Slate podcast looks back at 50 years of “panda diplomacy” and consider its uncertain future. Join Harris as she speaks with E. Elena Songster, author of Panda Nation: The Construction and Conservation of China’s Modern Icon and professor of environmental history of modern China at St. Mary’s College of California. FT News Briefing will return with regular episodes next week. Hosted on Acast. See acast.com/privacy for more information.

12/29/2023 • 28 minutes, 35 seconds

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Superintelligent AI: can chatbots think?

Are generative AI systems such as OpenAI’s ChatGPT really intelligent? Large language models such as GPT 4 appear to use human-level cognitive abilities when they engage in legal reasoning, write essays or solve complex problems. Hosts John Thornhill and Madhumita Murgia speak to Emily Bender, professor of computational linguistics at the University of Washington, to find out what’s really happening under the hood, and also hear from Pablo Arredondo of CaseText, which develops AI tools for lawyers; influential computer scientist Melanie Mitchell, professor at the Santa Fe Institute, and Konstantin Arkoudas, an AI expert who’s worked on Amazon’s Alexa. Free links:OpenAI set to launch store as ChatGPT reaches 100mn usersHow to keep the lid on the Pandora’s box of AIWe need a political Alan Turing to design AI safeguards‘I’ve never seen anything like this’: how OpenAI’s dramatic weekend unfoldedTech Tonic is presented by Madhumita Murgia and John Thornhill. Senior producer is Edwin Lane and the producer is Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/28/2023 • 29 minutes, 27 seconds

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Culture chat: ‘Napoleon’ with historian Simon Schama

Historian Sir Simon Schama and FT deputy arts editor and film expert Raph Abraham join Lilah to discuss the historical epic ‘Napoleon’. Ridley Scott’s new two-and-a-half-hour-long film stars Joaquin Phoenix, and documents a lot: Napoleon’s rise and fall, some of his most famous battles, and his relationship with his wife, Josephine. But how well does it represent his character? We discuss what the film got right and wrong (historically and dramatically), why Napoleon continues to loom so large in culture, and whether historical epics still satisfy us.-------We are still collecting your cultural predictions for 2024! What’s one thing you think will happen (or want to happen) in culture next year? Write us. You can email us at [emailprotected] or message Lilah on Instagram @lilahrap. -------Links (all FT links get you past the paywall): – Simon’s FT Weekend essay on Napoleon, and why so many writers and filmmakers try to depict him: https://on.ft.com/4861gbn– the FT’s official review of Napoleon by Danny Leigh: https://on.ft.com/484moPh– An essay from Janan Ganesh on why Napoleon still matters: https://on.ft.com/3uWF8Sj– Simon recommends the 2012 movie ‘Lincoln’, directed by Steven Spielberg– Raph is a fan of Pablo Larrain’s ‘Jackie,’ from 2016, and the Leonard Bernstein biopic ‘Maestro’, directed by Bradley Cooper and available on Netflix on December 20– We interviewed Pablo Larrain in 2021 about his creative process: https://on.ft.com/3oofjVO – Lilah wrote a column about learning to draw: https://on.ft.com/46NBaZt – Simon is on X @simon_schama-------Special FT subscription offers for Life and Art podcast listeners, from 50% off a digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart-------Original music by Metaphor Music. Mixing and sound design by Breen Turner. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/27/2023 • 26 minutes, 1 second

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Hot Money: The New Narcos

When a Dutch crime reporter makes an unbelievable discovery, a small-town murder case begins to look like an international assassination plot.For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+.See omnystudio.com/listener for privacy information.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/26/2023 • 29 minutes, 31 seconds

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The year of weight-loss drugs

Chancellor Jeremy Hunt raised the prospect of the Bank of England reducing interest rates in 2024 in an interview with the FT, and Novo Nordisk’s drugs for obesity could have a profound effect on healthcare, society and our relationship with food. Plus, part three or our three-part series on a changing India looks at the country’s booming fertility industry. Mentioned in this podcast:FT Person of the Year: Lars Fruergaard Jørgensen of Novo NordiskJeremy Hunt raises prospect of Bank of England rate cuts in 2024Credit: Vogue.comCredit: Jimmy Kimmel LiveThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/22/2023 • 12 minutes, 52 seconds

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This bond market rally is epic

A global rally in government debt has driven yields past many Wall Street targets for the end of 2024, and rising premiums in China are driving families to cancel health coverage. Plus, in the second of a three-part series, the FT’s Benjamin Parkin travels to southern India to see whether factories can help solve the country’s employment problems. Mentioned in this podcast:Bond market rally drives yields past Wall Street’s end-2024 targetsMillions drop out of China’s state health insurance systemThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva, Gavin Kallmann and Joanna Kao. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/21/2023 • 11 minutes, 5 seconds

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India’s digital transformation

Copper is set to finish the year as the top-performing industrial metal, and the FT’s John Paul Rathbone recently visited a Hamas tunnel and talks about his experience. Plus, in the first part of a three-part series, the FT’s John Reed goes to Varanasi to show how India’s digital transformation is going. Mentioned in this podcast:Supply squeeze helps copper prices buck tough year for base metalsInside the ‘Gaza metro’: Israel displays Hamas tunnel big enough for a carNarendra Modi responds to assassination claims The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/20/2023 • 12 minutes, 27 seconds

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US Steel gets a new owner

Activist investor Cevian Capital has taken a €1.2bn stake in UBS, and Nippon Steel has agreed to buy US Steel in a $14.9bn deal. Plus, the FT’s Josh Gabert-Doyon takes us to the English town of Widnes and discusses what the destruction of fossil fuel infrastructure means for local citizens. Mentioned in this podcast:Activist Cevian places €1.2bn bet on UBSNippon Steel agrees to buy US Steel for $14.9bnThe Fiddler’s Ferry blast that will reshape a town’s identityThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/19/2023 • 9 minutes, 37 seconds

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A Chinese spy in Europe’s midst

Corporate bankruptcies are increasing at double-digit rates in most advanced economies, and TSMC is going to play a huge role in Taiwan’s upcoming election. Plus the FT’s Henry Foy explains how a European politician spied for China. Mentioned in this podcast:UK’s biggest companies failing to close pay gap, says reportChipmaker TSMC casts long shadow over Taiwan electionChinese spies recruited European politician in operation to divide westBankruptcies soar as high rates and end of Covid aid hit businesses hardThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva, Gavin Kallmann, and Josh Gabert-Doyon. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/18/2023 • 11 minutes

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UAW strike kicks off new era for US labour

Central banks are charting different courses for interest rates in 2024, and EU leaders have agreed to officially start accession talks with Ukraine. Plus, for US union leader Shawn Fain, the historic auto workers strike is only the beginning. Mentioned in this podcast:EU leaders agree to start accession talks with UkraineStocks and bonds surge as Jay Powell comments fuel bets on interest rate cutsECB keeps rate on hold but lowers inflation forecastAndrew Bailey warns ‘still some way to go’ as BoE holds rates at 5.25%The unexpected revival of America’s trade unionsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/15/2023 • 10 minutes, 42 seconds

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The west is losing patience with Israel

The Federal Reserve on Wednesday held interest rates at a 22-year high, countries reached a deal at the COP28 climate summit to transition away from fossil fuels, and Germany reached a last-minute budget deal to avoid a financial shutdown. Plus, the FT’s John Paul Rathbone explains whether Israel can continue its pursuit of Hamas without losing western support. Mentioned in this podcast:How the COP28 deal was won but the battle for 1.5C may be lostJoe Biden’s criticism of Israel highlights mounting unease over Gaza warFederal Reserve keeps rates at 22-year high but hints at cuts to comeGermany agrees budget deal to plug €17bn hole after debt rulingThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/14/2023 • 11 minutes

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Is Signa’s downfall a canary in the coalmine?

UK Prime Minister Rishi Sunak headed off a Conservative revolt over his flagship Rwanda migration bill, US core inflation rose last month, and the FT’s Sam Jones explains the downfall of Signa, one of Europe’s most prominent property developers. Mentioned in this podcast:Rishi Sunak secures win in Rwanda asylum voteRise in US core inflation highlights stubborn price pressuresRwanda vote exposes Tory divisions despite Rishi Sunak’s winSigna fires René Benko ally for suspected ‘gross violations’ of dutiesInsurers built €3bn exposure to struggling Signa property empireThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/13/2023 • 11 minutes, 2 seconds

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Wealthy donors and campus speech

Investors poured record sums into high-yield bond exchange traded funds in November, Rishi Sunak will on Tuesday seek to face down rightwing Tory rebels by pushing ahead with his controversial Rwanda bill, and the FT’s Joshua Chaffin tells us about the wealthy donors pushing for US universities to crack down on antisemitism. Mentioned in this podcast:High-yield bond ETFs attract highest flows on record in NovemberGovernment to face down party rebels over Rwanda billThe Ivy League, Wall St donors and the furore over antisemitism on campusThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/12/2023 • 10 minutes, 49 seconds

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The Big Four’s year of layoffs

French immigration reforms put Emmanuel Macron’s leadership to the test, Pisa rankings show sharp decline in student attainment in maths and reading since 2018, India’s stock market is set to take Hong Kong’s spot among world’s largest, and Shohei Ohtani signs a record $700mn baseball contract with Los Angeles Dodgers. Mentioned in this podcast:UK students fall behind on core skills post-pandemicEY to cut a further 150 UK jobs as Big Four firms grapple with waning demandShohei Ohtani signs record $700mn baseball contract with Los Angeles DodgersIndia’s stock market set to take Hong Kong’s spot among world’s largestFrench immigration reforms put Emmanuel Macron’s leadership to the testCredit: MLB.com The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao, Sam Giovinco, Peter Barber, Michael Lello, David da Silva, Gavin Kallmann, and Zach St. Louis. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/11/2023 • 10 minutes, 46 seconds

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US oil is keeping Opec on its toes

The EU is set to pave the way for completely ending gas imports from Russia and Belarus, and a record supply of oil from the US is complicating Opec+ maths. Plus, the FT’s Jennifer Hughes explains why the price of gold and bitcoin are both booming in the same week.  Mentioned in this podcast:EU paves way for total ban on Russian gas importsOil market caught by surprise as US output surgesGold price hits all-time high as traders bet on interest rate cutsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Michela Tindera, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/8/2023 • 10 minutes, 24 seconds

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The humanitarian crisis worsens in Gaza

Moody’s Investors Service advised staff in China to work from home ahead of its cut to the outlook for the country’s sovereign credit rating, Palestinians in Gaza are running out of places to evacuate to, and oil prices have fallen to their lowest level in five months. Plus, the FT’s Christopher Miller explains what would happen on the ground in Ukraine if western aid dries up. Mentioned in this podcast:Moody’s advised staff to work from home ahead of China outlook cutJoe Biden says Republican refusal to fund Ukraine is a ‘gift’ to Vladimir PutinKyiv’s political feuds cause cracks in Ukrainian unityShattered Israel-Hamas truce leaves Gaza’s civilians with nowhere left to runRepublicans tell Joe Biden US aid to Kyiv depends on immigration curbsEU budget dispute threatens €50bn war lifeline for UkraineOil slumps to lowest in five months despite Opec+ production cutsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/7/2023 • 9 minutes, 48 seconds

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The crackdown on Ukraine’s oligarchs

Leading economists say the Federal Reserve will hold off on interest rate cuts until at least July 2024, and the US Supreme Court heard a case that could shut down Democrats’ attempts to impose a wealth tax. Plus, the FT’s Europe editor, Ben Hall, explains why Ukraine is cracking down on oligarchs and what it means for the country. Mentioned in this podcast:Economists see Fed keeping rates at 22-year high until at least July  How the US Supreme Court could thwart a prospective wealth taxUS Supreme Court appears wary of upending tax law in closely watched caseThe crackdown on Ukraine’s oligarchsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/6/2023 • 11 minutes, 3 seconds

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Hot Money: The New Narcos - Ep. 1, Murder Brokers

Hot Money is back with a brand new season. On the first episode of Hot Money: The New Narcos, a Dutch crime reporter makes an unbelievable discovery, and a small-town murder case begins to look like an international assassination plot.Subscribe to Hot Money: The New Narcos Hosted on Acast. See acast.com/privacy for more information.

12/5/2023 • 28 minutes, 59 seconds

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Venezuela votes for a land grab in Guyana

The UK will make it harder for employers to hire overseas staff in an attempt to reduce record immigration by 300,000 a year, a Venezuelan referendum lays claim to two-thirds of neighbouring Guyana, and the White House says the US is set to run out of funds to aid Ukraine by the end of the year. Plus, we get a preview of the new Hot Money season, which dives into the European cocaine trade.Mentioned in this podcast:UK government unveils measures to cut immigration by 300,000 a yearVenezuela says voters back claim to oil-rich swath of GuyanaUS funding for Ukraine set to run out by end of the year, White House warnsSubscribe to Hot Money: The New NarcosThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Edith Rousselot, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/5/2023 • 9 minutes, 35 seconds

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Wealthy Argentines flock to Uruguay

Israel has ordered Palestinians in Gaza to evacuate a large area of land in the south of the strip, South Korea has become a top 10 defence exporter since the start of the war in Ukraine, Prime Minister Narendra Modi’s Bharatiya Janata party has won a series of resounding victories in India’s state polls, and wealthy Argentines are moving to Uruguay to avoid high taxes. Mentioned in this podcast:Israel pounds southern Gaza after US warning on civilian deathsSouth Korean defence industry rides global order wave‘Leaving without leaving’: Argentines are flocking to Uruguay to avoid a high tax burdenNarendra Modi’s BJP triumphs in India state electionsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/4/2023 • 11 minutes, 23 seconds

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Introducing Hot Money: The New Narcos

Hot Money is back with a new season that begins with a mysterious murder in a small town and leads to a cocaine super cartel and a secret proxy war between democracies and dictatorships.Follow Hot Money: The New Narcos here. Hosted on Acast. See acast.com/privacy for more information.

12/1/2023 • 2 minutes, 46 seconds

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Why markets had a stellar November

Washington is aiming to halve Russia’s oil and gas revenues by the end of this decade, and markets turned things round and had a great November. Plus, the FT’s Nicholas Megaw explains how investors use AI to decode what executives say on earnings calls. Mentioned in this podcast:US aims to halve Russia’s energy revenues by 2030, says officialInvestors use AI to glean signals behind executives’ soothing wordsMarkets in 2024: Investors bet on déjà vu all over againThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/1/2023 • 11 minutes, 55 seconds

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Nato says don’t underestimate Russia

Nato’s secretary-general is warning the west not to underestimate Russia, Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn, and an audio essay by the FT’s Najmeh Bozorgmehr explores Iranians’ complicated feelings about the Israel-Gaza conflict.Mentioned in this podcast:Russia has stockpiled missiles for winter attack on Ukraine, says NatoCigna and Humana in deal talks to create US health insurance giantWhy Nato’s reassurances to Ukraine are starting to ring hollowIranians see both sides of the Israel-Gaza conflictAmerican diplomat Henry Kissinger dies aged 100The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/30/2023 • 10 minutes, 4 seconds

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Germany’s €60bn budget hole

A record number of Chinese people have defaulted since the outbreak of the coronavirus pandemic, a court ruling in Germany has opened up a huge €60bn hole in the country’s budget, and the FT’s Christine Murray explains why Mexico is benefitting from companies rethinking their foreign investments.Mentioned in this podcast:Chinese people default in record numbers as economic crisis deepens‘A house of cards’: court ruling leaves Olaf Scholz’s legacy in tattersThe city where Mexico’s nearshoring hype is becoming realityBerkshire Hathaway’s Charlie Munger dies aged 99The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/29/2023 • 11 minutes, 3 seconds

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Israel-Hamas truce extended

Qatar said mediators had secured a deal to prolong the temporary truce between Israel and Hamas by two days, Chinese fast-fashion group, Shein, has filed confidential paperwork for an initial public offering with the US securities regulator, and Tesla CEO Elon Musk is experiencing a bit of culture shock as he fights against union action in Sweden. Plus, the value of rare whiskies sold at auction has recorded the steepest fall in a decade other than during the pandemic.Mentioned in this podcast:Israel-Hamas truce extended by 2 days, says QatarChinese fast-fashion retailer Shein makes confidential filing for US IPOTesla wins interim decision against Swedish state over car number plates Premium whisky prices slump as weak global economy hurts taste for luxury The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/28/2023 • 10 minutes, 7 seconds

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COP28: Climate summit tries to kick fossil fuel habit

Turkey’s exports to Russia of goods vital for Moscow’s war machine have soared in 2023, and nations at this year’s COP28 summit will revisit a proposal to phase out fossil fuels. Plus, the FT’s Madhumita Murgia explains how one patient in need of a new liver exposed major flaws in the UK’s organ transplant system. Mentioned in this podcast:Future of fossil fuels leaves nations at odds ahead of UN climate summitTurkey’s exports of military-linked goods to Russia surgeAlgorithms are deciding who gets organ transplants. Are their decisions fair?Tech Tonic podcast: Superintelligent AIThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva, Gavin Kallmann, and Josh Gabert-Doyon. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/27/2023 • 10 minutes, 37 seconds

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What the Dutch far-right win means for the EU

Voters in the Netherlands elect Geert Wilders; UK immigration numbers reach new high; Plus, senior Carlsberg executives are detained in RussiaMentioned in this podcast:Net migration to the UK hit record 745,000 in 2022Far-right Dutch victory puts European liberal democracy on defensiveEx-Carlsberg executives detained in Russia over fraud claimsThe FT News Briefing this week was produced by Kasia Broussalian, Sonja Hutson, Fiona Symon, Marc Filippino, Josh Gabert-Doyon and me, Persis Love. Our engineers were Monica Lopez and Odinn Ingibergsson. We had help this week from Saffeya Ahmed, Joanna Kao, Sam Giovinco, David da Silva, Michael Lello, Peter Barber and Gavin Kallmann. Our executive producers this week were Manuela Saragosa and Topher Forhecz. Cheryl Brumley is the FT’s global head of audio and our theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/24/2023 • 11 minutes, 52 seconds

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Ousted OpenAI board member on AI safety concerns

Sam Altman returns and OpenAI board members are given the boot; US authorities foil a plot to kill Sikh separatist leader on US soil; plus, the UK’s Autumn Statement increases the tax burden.Mentioned in this podcast:US thwarted plot to kill Sikh separatist on American soilHunt cuts national insurance but taxes head to postwar highOpenAI says Sam Altman to return as chief executive under new board The FT News Briefing is produced by Persis Love, Josh Gabert-Doyon and Edwin Lane. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Manuela Saragosa is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/23/2023 • 11 minutes, 21 seconds

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OpenAI and Sam Altman’s superpowers

Israel and Hamas have agreed a deal to release hostages, Dutch voters head to the polls today, and Binance chief executive Changpeng Zhao has resigned after pleading guilty to a US criminal charge. Plus, the FT’s George Hammond explains why Sam Altman has so many people rallying behind him after he was ousted from OpenAI. Mentioned in this podcast:Israel approves hostage deal with HamasDutch election shapes up as tight race to replace Mark RutteBinance chief Changpeng Zhao pleads guilty in US criminal caseOpenAI directors in talks with Sam Altman on rejoining boardThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/22/2023 • 10 minutes, 40 seconds

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Argentina is in its Milei era

A majority of OpenAI employees sent a letter demanding that the board reinstate former CEO Sam Altman, Argentina is entering a new era after electing radical libertarian outsider Javier Milei as president, and the US Department of Justice is seeking more than $4bn from Binance to settle a criminal fraud investigation. Plus, the FT’s Alec Russell unpacks Indonesian president Joko Widodo’s ambitious plan to build a new capital city and turn the country into an economic superpower. Mentioned in this podcast:Majority of OpenAI staff threaten to quit unless Sam Altman is reinstatedInvestors cheer Milei victory in ArgentinaJavier Milei prepares shock therapy to cure Argentina’s sickly economyUS DoJ seeks more than $4bn from Binance to settle criminal probeIs Indonesia finally set to become an economic superpower?The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/21/2023 • 11 minutes, 19 seconds

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Milei elected president of Argentina

Radical libertarian economist, Javier Milei, has won Argentina’s presidential elections, investors are shaking up the venture capital market by raising money to buy out start-ups, and Bangladesh is struggling to keep the lights on after going all-in on liquefied natural gas. Mentioned in this podcast:Radical libertarian Javier Milei elected president of ArgentinaInvestors shake up VC market by raising money to buy out start-upsWill Bangladesh come to regret its dash for gas?Altman appears at OpenAI offices as pressure grows to reinstate himThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Josh Gabert-Doyon, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/20/2023 • 9 minutes, 53 seconds

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Life and Art: Nathan Fielder and ‘The Curse’

Introducing Life and Art, a new podcast FT Weekend. Join host Lilah Raptopoulos for two episodes each week.On Mondays, they talk about life and how to live a good one. On Fridays, Lilah hosts a roundtable that will dive deep into a piece of culture that’s in the air right now. On this episode, Lilah’s joined by FT columnist Stephen Bush and assistant arts editor Rebecca Watson to talk about the new cringe-drama-comedy show, The Curse. They discuss the show and how prestige TV is changing comedy. Why are we laughing less, and cringing more? And why is comedy so complicated right now? Click here to follow Life and Art, from FT Weekend. Hosted on Acast. See acast.com/privacy for more information.

11/18/2023 • 25 minutes, 57 seconds

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EY’s new leader has her work cut out for her

More than half of low-income UK households with mortgages have fallen behind on one or more of their bills and Alibaba disappointed investors after announcing that it ditched plans to spin off its cloud business. Plus, the FT’s Stephen Foley talks about EY’s new leader Janet Truncale and how she might steer the accounting firm.Mentioned in this podcast:Alibaba ditches plans to spin off cloud business and list supermarketEY picks Janet Truncale as the first woman to lead a Big Four firmLow-income borrowers hit hardest by Bank of England rate risesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Manuela Saragosa, Josh Gabert-Doyon, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/17/2023 • 9 minutes, 22 seconds

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Sunak grapples with ruling on flagship asylum plan

UK Prime Minister Rishi Sunak is attempting to save a plan to deport asylum seekers to Rwanda; an EU proposal will see Denmark enforcing the price cap on Russian oil by checking ships in the Baltic Sea; Plus, EY names a new CEO.Mentioned in this podcast:Sunak vows emergency legislation as Supreme Court rules against Rwanda policyEY picks Janet Truncale as first woman to lead Big Four firmDenmark could block Russian oil tankers from reaching marketsThis episode of FT News Briefing was produced by Josh Gabert-Doyon, Manuela Saragosa, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/16/2023 • 9 minutes, 41 seconds

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Biden and Xi meet in San Francisco

Joe Biden and Xi Jinping will hold a high-profile summit in San Francisco today, US inflation fell more than expected to 3.2 per cent in October, and the war in Ukraine is doing serious damage to Russia’s labour market. Mentioned in this podcast:Biden and Xi meet in bid to stabilise relations between superpowersUS stocks and bonds jump after inflation falls to 3.2%Russia’s war economy leaves businesses starved of labourAI outperforms conventional weather forecasting methods for first timeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/15/2023 • 9 minutes, 33 seconds

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The return of David Cameron

Global investment banks have criticised a blanket ban on short selling imposed by South Korean regulators, UK Prime Minister Rishi Sunak stunned Westminster on Monday by restoring former PM David Cameron to the political frontline, and the FT’s Christopher Grimes explains what the future of Hollywood might look like after months of strikes. Mentioned in this podcast:Global banks criticise Korean short selling ban as ‘phantom farce’David Cameron returns as UK foreign secretary after Suella Braverman is sackedGaza’s al-Shifa hospital ‘ceases to function’ as it runs out of fuelHollywood snaps back into action after actors reach deal to end strikesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/14/2023 • 10 minutes, 45 seconds

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The hack that halted the US Treasury market

The UK’s Takeover Panel has reported its first deficit in almost a decade, and oil prices have been cooling off at a pretty weird time. Plus, the FT’s Kate Duguid explains why a hack at China’s biggest bank put the US Treasury market on ice.  Mentioned in this podcast:UK Takeover Panel falls victim to deal droughtWall Street and Beijing fight fallout of ransomware attack on China’s biggest bankI’m going to dip my fat fingers in oil (Opinion)Iceland declares state of emergency as it braces for volcanic eruptionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/13/2023 • 9 minutes, 38 seconds

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FTNB Live: The best US cities for foreign investment

We’re bringing you a special live conversation from the FT’s Investing in America conference in Miami. Marc is joined on stage by FT US managing editor Peter Spiegel, FT energy reporter Amanda Chu, fDi Intelligence editor Jacopo Dettoni, and fDi managing director Chris Knight to discuss which city won the top spot on the FT’s ranking of best US cities for foreign investment. Hosted on Acast. See acast.com/privacy for more information.

11/11/2023 • 19 minutes, 1 second

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Paris races to clean up Seine before Olympics

Russia has added at least Rbs3.4tn ($37bn) to its budget for this year, the war between Israel and Hamas is starting to bite into Israel's economy, and Spain’s ruling Socialist party has sealed a contentious amnesty deal with Catalan separatists. Plus, Paris is rushing to make the river Seine clean enough for Olympic athletes to swim next summer. Mentioned in this podcast:Russia adds more than 3tn roubles to its budget‘I’m not sure we’ve got a safety net’: Israeli businesses buckle as war hits economyPedro Sánchez set to retain power in Spain after amnesty deal with Catalan separatistsParis bets on giant tank to clean up Seine river in time for OlympicsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/10/2023 • 10 minutes, 23 seconds

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Introducing: Life and Art, from FT Weekend

Introducing Life and Art, from FT Weekend. It's a new twice-weekly culture podcast from the Financial Times. On Monday, we talk about life, and how to live a good one, in a one-on-one conversation that explores everything from food and travel to philosophy and creativity. On Friday, we talk about “art” – in a chat show! Three FT journalists come together to discuss a new cultural release across film, TV, music and books. Hosted by Lilah Raptopoulos, together with the FT’s award-winning writers and editors, and special guests.Click here to follow Life and Art, from FT Weekend. Hosted on Acast. See acast.com/privacy for more information.

11/9/2023 • 1 minute, 23 seconds

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Arm wrestles with bad first quarter as a public company

Shares of UK chip designer Arm fell after its revenue forecast for the current quarter left Wall Street underwhelmed, the US’s top diplomat has provided Washington’s most detailed plan for the postwar future of Gaza, Portugal’s corruption scandal is spelling trouble for the government’s economic plans, and US President Joe Biden got some pretty conflicting news for his re-election campaign this week.Mentioned in this podcast:UK chip designer Arm’s shares fall after disappointing revenue forecastUS calls for Palestinian Authority to run Gaza and West Bank after the war with HamasPortugal’s economic plans in disarray after PM resignationPortuguese PM António Costa resigns as corruption crisis eruptsDemocratic wins in US state votes boost Joe Biden‘People are frustrated’: Gaza war opens rift among US DemocratsAccess 50 per cent off of a digital subscription FT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/9/2023 • 11 minutes, 24 seconds

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Israel plans for ‘indefinite’ grip over Gaza

The IMF has warned rapid wage increases in eastern Europe risk eroding the region’s competitive edge, Israel’s prime minister Benjamin Netanyahu said the country will maintain indefinite control over Gaza, and Australia’s prime minister went to China this week in a dramatic turnround in relations between the two countries. Plus, economists are worried falling pork prices in China might tip the country back into deflation.Mentioned in this podcast:Soaring wage growth risks blunting eastern Europe’s edge, IMF warnsIsrael plans ‘indefinite’ controls over Gaza, says Benjamin NetanyahuAustralia seeks reset with Xi Jinping while balancing ties with USThe quick and easy guide for countries resisting Chinese trade coercionFalling pork prices threaten to push China back into deflationRachman Review podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/8/2023 • 9 minutes, 27 seconds

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The best US cities for foreign investment

WeWork filed for bankruptcy, PwC plans to cut up to 600 jobs in the UK, and the FT’s Peter Spiegel explains who won the distinction of the best US city for foreign investment. Mentioned in this podcast:WeWork files for bankruptcy amid office market downturnWeWork: boxed-in flexible space group seeks new lease of lifePwC to cut up to 600 UK jobs as attrition rate plungesHouston overtakes Miami as best place for foreign businesses in annual FT-Nikkei rankingThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/7/2023 • 10 minutes, 35 seconds

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Private equity wrestles with higher interest rates

Donald Trump testifies in New York today, Japan’s prime minister turns to stimulus to offset the pain of inflation, private equity is getting pummelled by higher interest rates, and Berkshire Hathaway reported a record amount of cash on hand.Mentioned in this podcast:Japan’s PM Fumio Kishida bets on $113bn stimulus to tackle inflation painPrivate equity: higher rates start to pummel dealmakersWarren Buffett’s Berkshire Hathaway sells stocks as cash pile swells to record levelsDonald Trump prepares to testify in New York civil fraud trial The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Joanna Kao, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/6/2023 • 10 minutes, 50 seconds

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Sam Bankman-Fried found guilty

Israeli troops have entered Gaza City, European private equity group CVC Capital Partners has postponed plans to float until next year, and central banks are hitting pause on interest rate rises while inflation stays strong.Mentioned in this podcast:Israeli army attempts to ‘encircle’ Gaza City as Joe Biden calls for pause in fightingCVC Capital Partners postpones plans for Amsterdam listingCentral banks hold interest rates at a scary timeBoE expected to leave rates unchanged as inflation remains strongAI companies agree to government tests on their technology to assess national security risksSam Bankman-Fried convicted of fraud over FTX’s collapseThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Our engineer is Monica Lopez. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/3/2023 • 10 minutes, 16 seconds

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The battle for EV batteries in US speeds up

The Federal Reserve held interest rates steady, and people are now being allowed to cross the border from Gaza into Egypt. Plus, competition for foreign investment in electric vehicles is pitting the US southeast against the automotive heartland of the Midwest. Mentioned in this podcast:US Federal Reserve holds interest rates at 22-year highEgypt allows first evacuee departures from GazaCan America’s south-east unseat Detroit as ‘Motown’ of the EV age?Investing in America liveThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/2/2023 • 12 minutes, 46 seconds

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Governments dip into AI regulation

Sam Bankman-Fried’s fraud trial is set to wrap up today, eurozone inflation fell to its lowest level for more than two years, and Odey Asset Management is to close after allegations of sexual assault and harassment against its founder. Plus, global political leaders and tech executives will gather in the UK next week to discuss risks of artificial intelligence. Mentioned in this podcast:He said, they said: Sam Bankman-Fried jury weighs duelling accounts of FTX’s downfallEurozone inflation falls more than expected to 2.9%Odey Asset Management to close after sexual assault allegations against founderHow Sunak’s Bletchley Park summit aims to shape global AI safetyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/1/2023 • 10 minutes, 27 seconds

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Israel pushes deeper into Gaza

Israeli ground forces pushed deeper into the Gaza Strip on Monday, General Motors has reached a tentative deal with the United Auto Workers union, and the social media platform X, formerly known as Twitter, is now valued at $19bn, the company told employees. Plus, the FT’s Stefania Palma explains how Alphabet chief executive Sundar Pichai’s testimony before the US Department of Justice went on Monday. Mentioned in this podcast:The tactics behind Israel’s ground offensiveUS autoworker strike nears end as GM reaches tentative deal with UAWSundar Pichai acknowledges Google search default deals were ‘very valuable’Elon Musk’s X says it is worth $19bn one year after acquisitionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/31/2023 • 8 minutes, 48 seconds

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The return of the rice crisis

Israel has expanded its ground offensive in Gaza as the country launches a new phase of its war to destroy Hamas, and seven tech companies are dominating global stocks. Plus, the FT’s Susannah Savage explains why the world is entering a rice crisis and what can be done to fix it. Mentioned in this podcast:‘Magnificent Seven’ tech stocks drive US equity domination to new highsThe return of the rice crisisRémy Cointreau drops to three-year low as US consumers shun cognacThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/30/2023 • 9 minutes, 59 seconds

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Sam Bankman-Fried takes the stand

FTX founder Sam Bankman Fried gave a preview of his defence against fraud charges, the US is worried that Iran and its proxies will escalate attacks on American forces in the Middle East, and the FT’s Josh Franklin explains what Morgan Stanley’s leadership change means for the company. Mentioned in this podcast:Sam Bankman-Fried previews ‘advice of counsel’ defence in FTX fraud trialMorgan Stanley makes its choice: how Ted Pick won the succession raceUS moves to deter Iran ahead of Israel’s invasion of GazaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/27/2023 • 9 minutes, 20 seconds

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US House Speaker: Fourth time's the charm

Mike Johnson, a loyal ally of Donald Trump, has been elected Speaker of the House of Representatives. Plus, in the first instalment of our Investing In America series, we travel to the Port of Albany to look at how money outside the US is changing the country. Mentioned in this podcast:Donald Trump ally Mike Johnson elected US House Speaker after weeks of gridlockInvesting in America The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/26/2023 • 12 minutes, 4 seconds

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Who to turn to when the world is crumbling

Microsoft registered an unexpected rebound in growth in its Azure cloud computing platform during the third quarter, environmental campaigners have attacked a critical part of the EU’s plans to green its energy supply, and the UN's secretary-general is denouncing what he calls “clear violations” of international law” in Gaza. Plus, the FT’s Arjun Neil Alim explains why companies are turning to former diplomats for help.Mentioned in this podcast:Microsoft’s unexpected rebound in Azure cloud growth lifts sharesUN chief denounces ‘clear violations’ of international law in GazaCampaigners warn EU over funds for hydrogen infrastructureCompanies on the hunt for geopolitical advice as tensions riseSource: United Nations The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/25/2023 • 10 minutes, 7 seconds

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Commenting on Israel-Hamas is tricky for businesses

The EU’s top diplomat called on Monday for a pause in hostilities in order to allow aid deliveries into Gaza, and Argentine bonds tumbled after Sunday’s presidential election. Plus, the FT’s Anjli Raval explains why companies are struggling when it comes to weighing in on the Israel-Hamas war. Mentioned in this podcast:Argentina’s economy minister Sergio Massa seeks broad coalition after first-round election winBusiness in a bind over messaging on Israel-Hamas warEU’s top diplomat urges ‘humanitarian pause’ in Israel-Hamas warThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/24/2023 • 10 minutes, 12 seconds

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Ukraine and Israel vie for EU’s attention

Toyota says it is close to being able to mass produce next-generation solid-state batteries, and the European Union is trying to juggle support for Ukraine and Israel. Plus, start up companies in Israel are being put to the test due to the war with Hamas. Mentioned in this podcast:Why the EU needs to join the dots between Israel and Ukraine‘Start-up Nation’ goes to warToyota nears mass production of solid-state batteriesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/23/2023 • 10 minutes, 32 seconds

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Can Argentina dollarise?

The US, Britain and Germany called on their citizens to leave Lebanon, political tensions in the UK are starting to boil over about Israel's response to Hamas's attacks, and the FT’s Michael Stott tells us why a radical outsider is the frontrunner in Argentina’s presidential election. Mentioned in this podcast:US, UK and Germany tell citizens to leave Lebanon amid fears of wider conflictKeir Starmer faces growing mutiny from within Labour over Israel-Hamas stanceThe radical outsider promising to cure Argentina’s economic illsAccess 50 per cent off of a digital subscription FT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/20/2023 • 11 minutes, 15 seconds

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Biden urges Israel to take caution

Israel will let basic humanitarian aid into Gaza through Egypt, traders have been increasing their bets against the Israeli shekel, TK Netflix, and Beijing is weighing holding up US chipmaker Broadcom’s $69bn acquisition of cloud software company VMware. Mentioned in this podcast:Joe Biden warns Israel to avoid 9/11 ‘mistakes’Bets against shekel heap pressure on Israeli central bankBeijing considers delaying approval of $69bn Broadcom-VMware dealAccess 50 per cent off of a digital subscription FT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/19/2023 • 8 minutes, 50 seconds

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How will Egypt handle Gaza?

Alarm is mounting in Egypt that Gaza’s deepening humanitarian crisis will be thrust across its borders, Scotland’s first minister said the country would issue its own government bonds for the first time, and big US bank earnings have been better than expected. Mentioned in this podcast:Fear of Gaza exodus looms over EgyptScotland to issue bonds for the first time, says SNP’s Humza YousafBofA profits beat forecastsJPMorgan profits jump 35% on interest rate windfallCiti profits edge higher despite worries over consumer financesGoldman chief David Solomon calls time on high-profile DJ gigsAccess 50 per cent off of a digital subscription FT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/18/2023 • 10 minutes, 44 seconds

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How Microsoft beat the odds

Poland’s rightwing party will likely be out of power after last weekend’s election, a US-led effort to allow humanitarian aid into the Gaza Strip and provide an exit from the bombarded territory for foreign nationals faltered, and the FT’s Richard Waters explains how Microsoft beat the odds and got a major acquisition approved by regulators.Mentioned in this podcast:Polish exit polls give ex-PM Donald Tusk potential route back to powerBid to open Gaza crossing faltersHow Brad Smith used Microsoft’s $1bn law and lobbying machine to win Activision battleAccess 50 per cent off of a digital subscription FT.com/briefingsaleCLIP: The GuardianThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/17/2023 • 10 minutes, 23 seconds

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Israel prepares to invade Gaza

Israel is preparing to launch a major ground invasion of Gaza, the UK justice secretary is set to announce a controversial plan to address the chronic shortage of space in jails, and Exxon’s $60bn acquisition of a shale company could set off a wave of industry consolidation. Mentioned in this podcast:US sends second aircraft carrier as Israel prepares offensive in GazaResidents flee Gaza City as Israel tells 1.1mn to leaveBritish prisoners face jail time abroad under radical government plansBehind ExxonMobil’s contrarian $60bn oil betAccess 50 per cent off of a digital subscription FT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/16/2023 • 10 minutes, 21 seconds

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The man behind the Hamas attack

US inflation was higher than forecast in September, the EU has opened an investigation into X over the way disinformation is spreading on its platform after the attacks by Hamas against Israel, and FT’s Mehul Srivastava tells us about the Hamas military commander behind the deadly Israel incursion. Mentioned in this podcast:​​US inflation higher than expected in SeptemberEU opens probe into X over Israel-Hamas war misinformationAccess 50 per cent off of a digital subscription FT.com/briefingsaleWho is ‘The Guest’: the Palestinian mastermind behind deadly Israel incursionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, Sam Giovinco, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/13/2023 • 8 minutes, 43 seconds

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Hamas is not Israel’s only concern

Analysts forecast that four of the six big US banks will see Q3 profits fall year on year, Israel has been fighting on its northern border with Lebanon in addition to war with Hamas,and the star witness in the Sam Bankman-Fried trial testifies. Plus, shares in Birkenstock dropped more than 12 per cent on their first day of trading.Mentioned in this podcast:Rising interest rates curb lending growth for big US banksBirkenstock shares slip on first day of tradingWhat links Hamas to the ‘Axis of Resistance’ and its patron Iran?Access 50 per cent off of a digital subscription FT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/12/2023 • 9 minutes, 18 seconds

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Israel’s hostage dilemma

Sir Keir Starmer made a pitch for the votes of disillusioned former Conservative supporters, abductions of dozens of civilians present Israel with risky options to get them back, and the EU has put its development funding to the Palestinian territories under review after Hamas’s attack on Israel. Mentioned in this podcast:Keir Starmer promises ‘national renewal’ in appeal to UK votersHamas kidnappings leave Israeli forces with painful hostage dilemmaEU to review development funding for Palestinian territoriesBrussels blames commissioner for Palestinian aid freeze blunderAccess 50% off of a digital subscription FT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Samantha Giovinco, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/11/2023 • 11 minutes, 37 seconds

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Israel imposes ‘complete siege’ on Gaza

Israel imposed a “complete siege” of the Gaza Strip, the Bank of Israel said it planned to sell up to $30bn of dollar reserves to support the shekel, and EU regulators will order US biotech Illumina to sell cancer test developer Grail.Mentioned in this podcast:Israel imposes ‘complete siege’ on Gaza as Hamas threatens hostagesIsrael’s central bank to sell $30bn of foreign reserves to support shekelEU regulators to order Illumina to sell $8bn cancer treatment groupAccess 50% off of a digital subscription The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/10/2023 • 9 minutes, 36 seconds

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Israel responds to historic Hamas attack

The death toll from Hamas’s unprecedented multi-front assault on Israel passed 600 on Sunday, and Germany’s conservative opposition won two decisive victories in regional elections on Sunday. Plus, the FT’s Sarah O’Connor explains how the green transition can actually translate to more jobs. Mentioned in this podcast:Audacious Hamas attack is a pivotal moment for IsraelGerman voters turn their backs on government parties in regional electionsNet zero was never going to be an easy win for workersAccess 50 per cent off of a digital subscription FT.com/briefingsaleCLIPS: The Guardian, Associated PressThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/9/2023 • 10 minutes, 55 seconds

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Can artificial intelligence grow safely?

Economists expect that jobs growth in the US slowed again in September, and the recent sell-off in bonds might be starting to cool. Plus, artificial intelligence is cool and all, but can companies use this new tech in a way that isn’t toxic? Mentioned in this podcast:Tech companies adopt “constitutions” to keep AI systems safeWho feels the pain from the bond sell-off?US jobs growth expected to have slowed again in SeptemberListen to the FT’s Unhedged podcast The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/6/2023 • 9 minutes, 31 seconds

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Bankman-Fried’s fraud trial begins

Lawyers for the crypto tycoon Sam Bankman-Fried laid out their defence on Wednesday, Rishi Sunak axed the northern leg of the HS2 high-speed rail line to Manchester, and Fifa announced the location of the 2030 World Cup. Mentioned in this podcast:Spain, Portugal and Morocco to host 2030 football World CupSam Bankman-Fried committed ‘fraud on a massive scale’, prosecutors allegeRishi Sunak axes northern leg of HS2 in flurry of ‘radical’ decisionsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/5/2023 • 10 minutes

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McCarthy ousted as US House Speaker

Kevin McCarthy has been ousted as Speaker of the House of Representatives, the yield on 30-year US Treasuries hit a 16-year peak on Tuesday, India has told Canada to withdraw dozens of diplomats from the country and the Financial Times’ Tom Hale discusses the murky future of China’s Evergrande property group. Mentioned in this podcast:Kevin McCarthy ousted as House Speaker by Republican rebels‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woesIndia tells Canada to withdraw dozens of diplomatic staffBond sell-off intensifies as long-term US yields hit 16-year peakThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/4/2023 • 9 minutes, 52 seconds

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Rating the ESG raters

Kristalina Georgieva backs reforms to the IMF that could eventually give more power to China, regulators are calling for more transparency for ESG rating agencies, and record numbers at this year’s Oktoberfest are a bright spot for the German economy. Mentioned in this podcast:AN ESG DATAGermans shrug off economic gloom at booming OktoberfestBrussels to unfreeze Hungary funds as it seeks help for UkraineIMF head backs reforms that could give China more voting powerCLIPS: The IndependentThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/3/2023 • 8 minutes, 53 seconds

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McCarthy avoids US government shutdown

US lawmakers were able to avert a shutdown over the weekend, Slovakia’s election results are adding pressure to the EU’s unity around the war in Ukraine, and Brazil says its oil exploration and green ambitions aren’t contradictory. Clips: CNN, APMentioned in this podcast:Brazil minister says oil and green ambitions are not contradictoryCooling UK labour market claims jobs in construction and retailUS lawmakers pass short-term deal to avoid government shutdownRobert Fico wins Slovakia election with anti-Ukraine stanceThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/2/2023 • 9 minutes, 41 seconds

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Can AI help us speak to animals? Part two

A hardware revolution in recording devices and a software revolution in artificial intelligence has convinced some scientists that humans will eventually be able to ‘translate’ animal and even plant sounds into human language. But what would be the consequences of humans learning to ‘speak whale’, chat with bats or converse with elephants? The FT’s innovation editor John Thornhill and producer Persis Love explore the ethics of potential human-to-animal communication.Presented by John Thornhill, produced by Persis Love, sound design by Breen Turner and Sam Giovinco. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.Free links:Google Translate for the zoo? How humans might talk to animalsKaren Bakker, scientist and author, 1971-2023How generative AI really worksCredits: Elephant bee rumble from Lucy King; plant sounds from Lilach Hadany Hosted on Acast. See acast.com/privacy for more information.

9/30/2023 • 24 minutes, 50 seconds

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Tech IPOs lose their shimmer

European government bond prices dropped sharply as investors took fright at Italy’s larger than expected budget deficit, optimism for the IPO market seems to be fading, and the FT’s Colby Smith explains the economic impact of US student loan payments restarting. Mentioned in this podcast:European bond market hit by Italy’s plans for higher borrowingRising headwinds threaten US economy’s resilienceInstacart and Arm shares lose steam after IPO popsMillions of US borrowers brace for the return of student debt paymentsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/29/2023 • 9 minutes, 22 seconds

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What does China ‘de-risking’ actually mean?

Global dealmaking is languishing at a 10-year low, western companies are insulating their China operations, and Chinese battery groups are avoiding or delaying direct investments in the US and Europe because of geopolitics. Mentioned in this podcast:Dealmaking languishes at decade low on private equity droughtChinese battery groups invest in Morocco to serve western marketsWestern companies take slow steps towards China ‘de-risking’Vote for FT podcasts in the Lovie Awards! The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/28/2023 • 10 minutes, 8 seconds

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The FTC is primed for Amazon

The US Federal Trade Commission has accused Amazon of wielding monopolistic control over online markets, JPMorgan Chase said it settled lawsuits related to its dealings with Jeffrey Epstein’s human trafficking operation, and the FT’s Lauren Fedor explains what’s at stake with a looming US government shutdown. Plus, sterling hit a six-month low against the dollar. Mentioned in this podcast:FTC lawsuit accuses Amazon of wielding monopoly power over online retailJPMorgan settles Jeffrey Epstein lawsuits with US Virgin Islands and Jes StaleyLawmakers warn that US is heading for shutdown as budget talks stallMoody’s warns federal shutdown would be ‘negative’ for US debt ratingSterling heads for worst month since Liz Truss’s ‘mini’-BudgetUnhedged podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/27/2023 • 8 minutes, 37 seconds

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#MeToo’s mark on industry

The writers strike hitting Hollywood looks like it’s nearing a close and the FT’s Brooke Masters explores whether recent CEO departures could be a signal of a second #MeToo wave. Plus, a sexual abuse scandal has shaken up Japan’s entertainment industry.Mentioned in this podcast:Sex, lies and magical thinking about CEO behaviourJapanese boy band abuse scandal rocks entertainment industryThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/26/2023 • 8 minutes, 51 seconds

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Poland’s complicated relationship with Ukraine

Russia has succeeded in avoiding G7 sanctions on most of its oil exports, Poland is calling for less support for Ukraine, China’s answer to the World Bank wants to commit more money to climate, and the restaurant group, Big Mamma, is going global thanks to private equity. Mentioned in this podcast:Russia dodges G7 price cap sanctions on most of its oil exportsA tug of war in Poland and Slovakia‘China’s World Bank’ plans to triple climate change lending by 2030Big Mamma restaurant group sells majority stake to private equityCREDIT: DW News - Poland says it will no longer supply weapons to UkraineThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/25/2023 • 10 minutes, 22 seconds

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Can AI help us speak to animals? Part one

A hardware revolution in recording devices and a software revolution in artificial intelligence is enabling researchers to listen in to all kinds of conversations outside the human hearing range, a field known as bioacoustics. Some scientists now believe these developments will also allow us to ‘translate’ animal sounds into human language. In a new season of Tech Tonic, FT innovation editor John Thornhill and series producer Persis Love ask whether we’re moving closer to being able to ‘speak whale’ or even to chat with bats.Presented by John Thornhill, produced by Persis Love, sound design by Breen Turner and Sam Giovinco. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.Free links:Google Translate for the zoo? How humans might talk to animalsKaren Bakker, scientist and author, 1971-2023How generative AI really worksCredits: Sperm whale sounds from Project CETI; honeyhunter calls from Claire Spottiswoode Hosted on Acast. See acast.com/privacy for more information.

9/23/2023 • 29 minutes, 12 seconds

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Rupert Murdoch steps down

Rupert Murdoch is stepping down as chair of Fox and News Corp, Russia has barred the export of diesel and petrol, and the Bank of England has held interest rates at 5.25 per cent after a knife-edge vote. Plus, India has stopped issuing visas to Canadians and told Ottawa to reduce its diplomatic presence in the country.Mentioned in this podcast:Rupert Murdoch steps down as chair of Fox and News CorpRussia puts squeeze on oil market with diesel export banBank of England holds interest rates at 5.25%India stops issuing visas to Canadians as row escalatesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/22/2023 • 8 minutes, 26 seconds

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Fed signals fewer cuts in 2024

Federal Reserve officials on Wednesday signalled support for another rate rise this year and fewer cuts in 2024, share buybacks on the US stock market have dropped to the slowest pace since the early part of the Covid-19 pandemic, and the FT’s Gideon Rachman talks about his new three-part podcast series on Bidenomics. Mentioned in this podcast:Federal Reserve signals fresh rate rise this year and fewer cuts in 2024Two-year Treasury yield hits highest point since 2006 after Fed decisionCompanies ease off on share buybacks as rising interest rates push up costsThe Rachman Review podcast: BidenomicsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/21/2023 • 9 minutes, 16 seconds

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Oil prices are not a barrel of fun

Shares in grocery delivery group Instacart jumped more than 10 per cent on their first day of trading, oil prices climbed above $95 a barrel for the first time in 2023, and Canadian prime minister Justin Trudeau sparked fury in India when he said authorities were investigating whether “agents” of New Delhi were behind the June killing of a prominent Sikh activist in a Vancouver suburb.Mentioned in this podcast:Instacart shares close up 12% after public market debutIndia angered by Justin Trudeau’s claims linking New Delhi to Sikh activist’s deathOil price exceeds $95 a barrel on fears of supply shortfallTech Tonic podcast: Can AI help us talk to animals? The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/20/2023 • 13 minutes, 27 seconds

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Can Singapore remain Asia’s ‘safe haven’?

Instacart’s public listing this week is set to inch Nasdaq further ahead of the New York Stock Exchange in their closest fight for new listings in five years, and a build-up of leveraged bets has the potential to dislocate trading in the $25tn US Treasuries market. Plus, the FT’s Mercedes Ruehl explores whether an influx of Chinese migration and money to Singapore could threaten its status as a neutral safe haven. Mentioned in this podcast:Nasdaq and NYSE fight closest listings battle in five yearsInstacart prices shares at $30 as IPO market warms upHedge fund bets could spark turmoil in US Treasuries, BIS warnsCan Singapore hold on to its reputation as Asia’s ‘safe haven’?Tell us: How will the US student loan repayments restart affect you? https://sayhi.chat/lmhguiAny voice message that's left might be included in an FT podcast as part of our journalism on FT.com and/or on other FT platformsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/19/2023 • 9 minutes, 46 seconds

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A historic autoworkers strike

US auto workers are striking to protect workers against the move to electric vehicles, and UK prime minister Rishi Sunak won’t attend the climate ambition summit at the UN General Assembly this week. Plus, Instacart has raised the price range for its initial public offering following the success of Arm’s blockbuster debut. Mentioned in this podcast:Strike pits US auto union in existential struggle over shift to electric vehiclesRishi Sunak decides against attending UN General AssemblyInstacart raises IPO price range after success of Arm listingTell us: How will the US student loan repayments restart affect you? https://sayhi.chat/lmhguiAny voice message that's left might be included in an FT podcast as part of our journalism on FT.com and/or on other FT platformsCredit: CLIP WXYZ-TV Detroit | Channel 7; UAW President Shawn FainCredit: CLIP CBS DetroitCredit: CLIP UAW; Shawn FainThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/18/2023 • 9 minutes, 45 seconds

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Digital cash and culture wars

Shares in chip designer Arm jumped by 25 per cent as it began trading on the Nasdaq exchange yesterday, and the European Central Bank has raised interest rates to an all-time high. Plus, the FT’s Siddharth Venkataramakrishnan explains how digital cash got caught up in the culture wars. Mentioned in this podcast:Arm shares jump by 25% on first day of tradingECB raises interest rates to all-time highHow digital cash got caught up in the culture warsTell us: How will the US student loan repayments restart affect you?  https://sayhi.chat/lmhguiAny voice message that's left might be included in an FT podcast as part of our journalism on FT.com and/or on other FT platforms. Hosted on Acast. See acast.com/privacy for more information.

9/15/2023 • 9 minutes, 1 second

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CEO exit throws wrench into BP

Rising energy costs pushed US inflation above forecasts in August, Bernard Looney’s resignation from BP puts the oil company’s green energy transition into doubt, and China is walking back a corruption crackdown in the country’s healthcare sector. Mentioned in this podcast:US inflation rises in August as petrol prices jumpBP chief Bernard Looney resigns over past relationships with colleaguesBernard Looney’s exit throws BP’s strategy into doubtChina’s corruption crackdown rips through healthcare sectorTell us: How will the US student loan repayments restart affect you? https://sayhi.chat/lmhguiAny voice message that's left might be included in an FT podcast as part of our journalism on FT.com and/or on other FT platformsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/14/2023 • 9 minutes, 54 seconds

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IPO within Arm’s reach

BP’s chief executive Bernard Looney is resigning and SoftBank’s Arm is set to hit the public market on Thursday. Plus, we look at why Germany’s economy is stalling and how its economic woes are hurting its neighbours. Mentioned in this podcast:BP chief Bernard Looney resigns over past relationships with colleaguesArm targets valuation of up to $52bn in IPOOlaf Scholz vows to cut bureaucracy as German economic woes mountPolish zloty’s fall highlights tricky balancing act of central banksTell us how the US student loan repayments restart affect you? https://sayhi.chat/lmhguiAny voice message that's left might be included in an FT podcast as part of our journalism on FT.com and/or on other FT platformsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/13/2023 • 10 minutes, 33 seconds

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Coming soon: Can AI help us speak to animals?

Some scientists believe that rapid advances in artificial intelligence may also hold the key to decoding animal sounds, allowing us to ‘translate’ them into human language. In a new season of Tech Tonic, FT innovation editor John Thornhill and series producer Persis Love explore how the same technology that powers ChatGPT is being applied to research in animal communication. Could we one day learn to ‘speak whale’ or even chat with bats? And if so, can we trust ourselves to do so responsibly?Subscribe now to the FT's Tech Tonic podcastPresented by John Thornhill, produced by Persis Love, sound design by Breen Turner and Sam Giovinco. The executive producer is Manuela Saragosa and Cheryl Brumley is the FT’s head of audio. Hosted on Acast. See acast.com/privacy for more information.

9/12/2023 • 1 minute, 9 seconds

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Why the euro is on a losing streak

Norway’s $1.4tn sovereign wealth fund has become the biggest shareholder in UBS, a landmark antitrust trial between Google and the US government starts today, and the FT’s Mary McDougall explains why the euro is having such a tough time. Mentioned in this podcast:Norway’s $1.4tn oil fund becomes top UBS shareholder Google prepares for biggest US antitrust showdown since MicrosoftEuro suffers eight-week losing streak as economy faltersWill the ECB deliver one more rate rise?The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/12/2023 • 8 minutes, 43 seconds

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India shines at G20 summit

PwC is planning to give up tens of millions of dollars of consulting work for its US audit clients, Australia’s biggest pension fund is going big on digital infrastructure, and Venezuelan government bonds are having a moment. Plus, the FT’s John Reed explains why this year’s G20 summit was a huge win for India. Mentioned in this podcast:G20 backs bigger role for reformed World BankPwC to curtail consulting work for US audit clients to reduce conflict riskWestern nations accept ‘climbdown’ on Ukraine to salvage G20’s relevanceVenezuelan bonds rally as investors bet on detente with WashingtonCredit: Piers Morgan UncensoredThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

9/11/2023 • 10 minutes, 54 seconds

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Biden courts India at G20

India hosts the G20 summit this weekend, Germany is pushing the European Commission to postpone tariffs on electric vehicle sales between the UK and the EU, Apple shares are taking a beating, and Huawei has seen a resurgence despite sanctions from the United States.  Mentioned in this podcast:Joe Biden pushes for bigger World Bank to combat China’s rising influenceGermany backs EV tariff delay in boost to SunakUS to check on chips used in Huawei’s ‘Made in China’ smartphoneApple stock hit by China worries ahead of iPhone 15 launchThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/8/2023 • 9 minutes, 40 seconds

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EU pushes back on ‘too big to care’ tech companies

US and European corporate bond markets have started September with a bang, the EU released a list of digital services that will have to comply with the bloc’s new regulations, and the FT’s Alice Hanco*ck explains how Europe’s drought is hitting the agriculture and energy industries. Mentioned in this podcast:US and European companies rush to issue debt before rate decisionsBig Tech faces fresh legal obligations as Brussels lists services bound by new rulesRetail investors power into uraniumEurope’s water crisis: how supplies turned to ‘gold dust’The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/7/2023 • 10 minutes, 30 seconds

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Ukraine doubles down on counteroffensive

The EU’s competition commissioner Margrethe Vestager is stepping aside, and the UK has clawed back less than 2 per cent of losses owing to fraud and error on business grants during the Covid-19 pandemic. Plus, Ukraine is doubling down on its counteroffensive. Mentioned in this podcast:Didier Reynders to take over as EU competition chief*ck government ‘slow to take action’ on Covid-19 grant losses, say MPsMilitary briefing: Kyiv ignores calls for reset of its ‘sneak and peek’ tacticsTravis Kalanick’s excellent (and secret) ventureThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/6/2023 • 10 minutes

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Solving America’s shortage of accountants

Lloyds Banking Group joins HSBC and US group Citi in ordering employees back into the office, a shortage of accountants is causing problems in the US and Brazil’s former president, Jair Bolsonaro, is caught up in a scandal over expensive jewellery from his time in office. Plus, the FT’s Courtney Weaver on the FT’s latest podcast series, ‘The Russian Banker’, about a controversial Russian financier who fled to the US.Mentioned in this podcast:Shortage of young accountants leads BDO USA to double offshore workforceBrazil’s jewellery scandal adds to Jair Bolsonaro’s legal woesUK banks tighten up on work from homeThe Russian Banker, Part 1: The raidThe FT News Briefing is produced by Josh Gabert-Doyon, Manuela Saragosa, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/5/2023 • 10 minutes, 18 seconds

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Secret paper trail reveals hidden Adani investors

Global growth is set to slow next year after outperforming economists’ expectations so far in 2023, American mothers are re-entering the workforce at high rates, and the Hollywood strikes are starting to bite into California’s economy. Plus, the FT’s Dan McCrum unpacks his latest investigation into India’s Adani Group.  Mentioned in this podcast:Economists grow gloomier on 2024 as central banks delay rate cutsAdani shares slide and politicians demand action after reports on hidden investorsSecret paper trail reveals hidden Adani investorsHollywood strikes take $5bn bite out of California economyAmerican mothers re-enter the workforce at high ratesBrazil’s jewellery scandal adds to Jair Bolsonaro’s legal woesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/4/2023 • 9 minutes, 37 seconds

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The ECB is in a pickle

UBS has reported the biggest-ever quarterly profit for a bank, eurozone core inflation has edged down, and Switzerland has proposed sweeping measures to clamp down on money laundering. Mentioned in this podcast:UBS breaks record with $29bn profit after Credit Suisse deal‘Deal of the century’ — How UBS’s rescue of Credit Suisse proved a boonEurozone core inflation edges down ahead of crunch ECB decisionSwitzerland unveils money laundering clampdownFT Weekend festival promo code: FTPodcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/1/2023 • 11 minutes, 1 second

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Another coup in Africa

Military officers in oil-rich Gabon said they had seized power, US commerce secretary Gina Raimondo wrapped up a visit to China, and the billionaire founder of Apple supplier Foxconn is running for president of Taiwan. Mentioned in this podcast:Fed warned Goldman Sachs over risks and compliance oversight at fintech unitMilitary leaders seize power in oil-rich GabonUS commerce secretary hails ‘new approach’ to handling China business frictionsFoxconn founder Terry Gou launches bid for Taiwan presidencyCorrection: An earlier version of this episode said hat Terry Gou, the Taiwanese tycoon and Foxconn founder was running for president with an opposition party closely aligned with China. That was a mistake. Gou has urged opposition parties to join forces with him in the forthcoming election, but they haven’t agreed to do so.  And Taiwan’s opposition parties are not closely aligned with China, although they do favour an easing of tensions with Beijing.Looking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/31/2023 • 8 minutes, 49 seconds

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Why Europe can’t quit Russian energy

The EU is set to import record volumes of liquefied natural gas from Russia this year, asset management firm Grayscale won a US court ruling to launch an exchange traded fund tracking bitcoin, and Goldman Sachs has used a fund set up with Chinese state money to buy a series of US and UK companies.  Mentioned in this podcast:EU imports record volumes of liquefied natural gas from RussiaGrayscale scores major court win against SEC on bitcoin ETF Goldman Sachs bought UK and US companies using Chinese state fundsJob market slowdown fuels bets Fed will hold fire on rates this yearLooking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/30/2023 • 9 minutes, 24 seconds

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An unlikely alliance in Brazil

Goldman Sachs plans to sell one of its personal financial management divisions, Brazil's president, Luiz Inácio Lula da Silva, is close to sealing an unlikely alliance, and the European defence industry is struggling to keep up with demand for ammunition for the Ukraine war. Plus, European Council president Charles Michel proposes a target date for adding new members to the EU.Mentioned in this podcast:Goldman Sachs sells financial planning unit as part of consumer retreatEl Niño’s storm clouds gather over global food pricesLula nears pact with Brazilian rightwingers to boost passage of agendaBoom in the woods: inside a munitions group’s fight to boost productionEU must be ready to accept new members by 2030, Michel to proposeCredit: European Council: President Michel @ Bled Strategic Forum 2023Looking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/29/2023 • 9 minutes, 17 seconds

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In search of a new economic playbook

Chinese corporate earnings reports are forecast to log poor performance and companies are set to downgrade outlooks, and policy makers walked away from Jackson Hole acknowledging they need to adjust to the changing global economy. Plus, the FT’s Jamie Smyth explains why Ireland is still in a good position for the life science industry boom despite a higher corporate tax.Mentioned in this podcast:Chinese companies’ earnings to lay bare impact of economic slowdown‘No playbook’: policymakers face up to changing global economy at Jackson Hole‘Talent is key’: Ireland brushes off tax rise and prepares for next life sciences boomCorporate sponsors turn against Spain football chief over World Cup kissCredit: Reuters Protesters in Spain call Luis Rubiales to resignCredit: Bloomberg Television ECB's Lagarde on Global Economic Environment, InflationLooking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/28/2023 • 10 minutes, 13 seconds

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Putin breaks his silence on Prigozhin

Russia's leader Vladimir Putin on Thursday publicly said warlord Yevgeny Prigozhin was dead, the emerging markets group Brics has invited six more countries to join, and Turkey’s central bank has sharply boosted interest rates. Plus, biomedical companies are under more pressure to stop using horseshoe crabs for testing. Mentioned in this podcast:Putin says Prigozhin is dead in first Kremlin reaction to plane crashBrics leaders invite 6 nations including Saudi Arabia to join blocTurkey raises interest rates as it steps up decisive shift in economic policyUse of horseshoe crabs’ blue blood puts pharma groups under scrutinyFT Weekend festival promo code: FTPodcastRachman Review: The end of PrigozhinLooking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/25/2023 • 9 minutes, 54 seconds

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Wagner group’s Prigozhin presumed dead

Wagner mercenary group leader Yevgeny Prigozhin has reportedly died after a plane crash north-west of Moscow, Nvidia’s revenue more than doubled in the latest quarter on soaring demand, and US regulators are imposing tougher disclosure rules on private funds. Plus, the FT’s Eli Meixler unpacks the latest developments in Thailand’s government. Mentioned in this podcast:Yevgeny Prigozhin in fatal plane crash, Russian officials sayNvidia’s AI boom exceeds Wall Street’s lofty hopesUS regulators impose tougher disclosure rules on private fundsThailand’s former PM Thaksin Shinawatra jailed after return from exileLooking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/24/2023 • 8 minutes, 14 seconds

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All eyes on Jackson Hole

Markets are looking for signals from Federal Reserve chair Jerome Powell during this week’s Jackson Hole symposium, global stock markets have lost about $3tn in value this month and there has been a mixed reaction to China’s approach to monetary policy. Mentioned in this podcast:Central bankers to make ‘higher-for-longer’ rate pitch at Jackson HoleGlobal stocks head for worst month in nearly a yearChina’s rate caution shines light on $56tn banking systemCredit: Fox News Brian Kilmeade: Welcome to the biggest week for our GOP presidential contendersCredit: CBS News: Trump planning to skip GOP primary debates Looking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/23/2023 • 9 minutes, 3 seconds

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Can Arm’s listing reignite the IPO market?

Description: The sell-off in US government debt continued to hit the world’s largest bond market on Monday, and Silicon Valley start-ups are wondering whether Arm’s listing will reignite the IPO market. Plus, the FT’s foreign editor, Alec Russell, explains why a new geopolitical order is emerging. Mentioned in this podcast:US Treasury yields hit 16-year high on fears over interest rate outlookSilicon Valley start-ups revive listing plans as Arm reignites IPO marketThe à la carte world: our new geopolitical orderThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/22/2023 • 9 minutes, 6 seconds

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Drought causes headaches for Panama Canal

Some of private equity’s biggest names are handing over companies they own to the lending arms of rivals, and Iran is dealing with the consequences of ultra-cheap petrol. Plus, the FT’s Christine Murray explains how the shipping industry is dealing with a severe drought that’s slowing down traffic through the Panama Canal. Mentioned in this podcast:Private equity firms hand over assets to creditors as distress rates riseIran grapples with unintended consequences of ultra-cheap petrolSevere drought in Panama hits global shipping industryThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/21/2023 • 9 minutes, 8 seconds

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Saudi Arabia and UAE race to buy computer chips

US mortgage rates have soared to a 21-year high, US retailer earnings reports send mixed messages on consumer spending, and Saudi Arabia and the United Arab Emirates are buying up thousands of the high-performance Nvidia chips crucial for building artificial intelligence software. Mentioned in this podcast:Walmart sales rise as inflation keeps consumers hunting for bargainsTarget sales hit by Pride backlash and consumer cautionSaudi Arabia and UAE race to buy Nvidia chips to power AI ambitions‘People were losing their mind’: Russia’s bootleg Barbie viewingsFT Weekend festival promo code: FTPodcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/18/2023 • 10 minutes, 16 seconds

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Introducing: The Russian Banker

Who is Sergei Leontiev? To the US asylum system, he’s an exiled Russian banker who was persecuted by the state and forced to flee. To Russia, he’s guilty of massive fraud. On The Russian Banker, a new series from the Financial Times, reporters Courtney Weaver and Stefania Palma try to uncover the truth, and find a story that tells us about Russia today and how people in the west build stories about who’s good and who’s bad. The Russian Banker is a special series that will run on the Behind the Money podcast starting Aug. 30. Listen to The Russian Banker by subscribing to the Behind the Money podcast here. Hosted on Acast. See acast.com/privacy for more information.

8/17/2023 • 1 minute, 44 seconds

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New pain for China’s property sector

Lower gas and electricity costs drove a sharp drop in headline UK inflation in July, Fitch Ratings has downgraded WeWork, and there’s increasing anxiety in China over the real estate sector’s stability. Mentioned in this podcast:UK inflation slows to 6.8% in July as energy prices fallWeWork credit rating cut further into junk territory by FitchRetail investors complain to Chinese regulator about ZhongzhiCountry Garden crisis brings new pain to China’s property sectorLooking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/17/2023 • 8 minutes, 59 seconds

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A year of the Inflation Reduction Act

US stocks hit a five-week low as a warning of potential Fitch downgrades sent bank shares lower, Beijing is making one of its biggest top-down efforts in years to tackle the debts racked up by local governments, and a year after passage of the US Inflation Reduction Act and Chips Act the vast majority of investment is going to red states. Mentioned in this podcast:US and European stocks hit five-week lows after strong retail sales dataChina sends finance experts to tackle regions’ debtsRepublican districts dominate US clean technology investment boomPink Floyd strike a chord as scientists recreate song from brain activityThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/16/2023 • 9 minutes, 45 seconds

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A looming ESG crackdown

A surprise election result in Argentina spooked markets, iPhone manufacturer Foxconn is trying to pivot to India, and it looks like there’s a US regulatory crackdown looming for the sustainable investing world. Mentioned in this podcast:Argentina’s markets roil after shock primary election resultsiPhone maker Foxconn’s cautious pivot to India shows limits of ‘China plus one’UBS pays $1.4bn to settle US mortgage bond mis-selling caseSEC lawyers subpoena fund managers over ESG disclosuresLooking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/15/2023 • 8 minutes, 15 seconds

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The new commodity superpowers

The rouble has fallen to a 16-month low against the dollar, airlines have joined forces with farmers to lobby in Washington so that corn helps power their planes, and growing demand for minerals used in green technology is starting to shake up the geopolitics of the energy world. Mentioned in this podcast:Rouble hits 16-month low as military spending rises and exports fallUS airlines ally with farmers to seek subsidies for corn as jet fuelThe new commodity superpowersThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/14/2023 • 8 minutes, 43 seconds

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Peak social media: The future

In the final episode of this Tech Tonic season, FT correspondents weigh in on the trends that will determine the future of social media. From Meta’s Threads to artificial intelligence, we ask how platforms will look and feel in years to come. The FT’s deputy Lex editor, host Elaine Moore, speaks with social media reporter Cristina Criddle, global technology correspondent Tim Bradshaw and San Francisco-based tech reporter Hannah Murphy. Plus, we hear from Evan Henshaw-Plath, one of the creators of Twitter.Presented by Elaine Moore. Produced by Edwin Lane and Josh Gabert-Doyon, executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley. Further reading (free to read) on FT.com: Cristina Criddle: TikTok reshapes ecommerce unit in bid to crack western markets Cristina Criddle: TikTok prepares ‘Project S’ plan to break into online shoppingTim Bradshaw: Meta’s Threads is a throwback to the giddy early days of Twitter Hannah Murphy: Meta to release commercial AI model in effort to catch rivalsHannah Murphy: Linda Yaccarino’s vision for Twitter 2.0 emergesRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/12/2023 • 21 minutes, 17 seconds

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US inflation is still on the right track

Iran has transferred five US citizens from prison to house arrest, US headline inflation in July rose slightly from June, and in Mexico the influence of the military has grown dramatically. Mentioned in this podcast:Iran transfers five imprisoned Americans to house arrestUS inflation edges up to 3.2% in JulyThe militarisation of Mexico’s economyFT Weekend festival promo code: FTPodcastLooking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYSThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/11/2023 • 8 minutes, 33 seconds

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China’s economy falls into deflation

Walt Disney reported quarterly results that showed declines at its television and movie businesses, China’s economy has fallen into deflation, and President Joe Biden is banning US tech investment in China. Plus, the FT’s Owen Walker explains why more and more countries in Europe are instituting windfall taxes on banks. Mentioned in this podcast:Disney shares jump after streaming losses narrowChinese economy falls into deflation as recovery stumblesWhite House unveils ban on US investment in Chinese tech sectors Italy joins wave of windfall taxes on banks across EuropeGoogle and Universal Music negotiate deal over AI ‘deepfakes’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com  Hosted on Acast. See acast.com/privacy for more information.

8/10/2023 • 9 minutes, 10 seconds

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The weight-loss drug craze

The UK government is pushing back against an attempt by some members of the House of Lords to close loopholes in transparency legislation, US bank stocks fell after Moody’s cut the credit ratings of 10 midsized banks, and the FT’s Jamie Smyth explains the craze behind new weight-loss drugs. Mentioned in this podcast:UK government resists moves to tighten corporate transparency rulesWeak bank stocks weigh on US and European markets Novo Nordisk’s obesity drug cuts risk of strokes and heart attacksOrange juice futures hit record high after storms ravage Florida cropThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/9/2023 • 9 minutes, 10 seconds

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Why admitting Ukraine into the EU is tricky

Meta has axed a team that used artificial intelligence to create the first database of more than 600mn protein structures, and PayPal is launching a stablecoin. Plus, the FT’s Henry Foy explains why it’s so difficult for the EU to admit new members, Ukraine in particular.  Mentioned in this podcast:Meta disbands protein-folding team in shift towards commercial AIPayPal pushes deeper into crypto payments with stablecoin launchThe ‘monumental consequences’ of Ukraine joining the EUFT Weekend podcast: David Byrne on Talking Heads and ‘Here Lies Love’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/8/2023 • 9 minutes, 25 seconds

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Latin American central banks’ head start

Private equity firms are increasingly offering sweeteners such as fee discounts to secure backing from deep-pocketed investors, US banks are still relying on hundreds of billions of dollars in government financing, and Latin America’s central banks have started cutting interest rates. Mentioned in this podcast:Private equity firms offer sweeteners in struggle to lure reluctant investorsBritain’s investors shy away from UK defence companiesRegional lenders struggle to get off government life supportLatin America’s central banks declare victory in war on inflationThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/7/2023 • 9 minutes, 9 seconds

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Peak social media: Building better platforms

Can we get rid of the bad bits of social media and keep the good? Is it possible to create a more positive social media experience than the one we get from the platforms that dominate the landscape today? In this episode, Elaine Moore asks what the social media platforms of the future should look like, and whether platforms designed for smaller groups of users with shared interests are the way forward.We hear from writer and tech historian Benj Edwards about the BBS era of the early 1990s; University of Massachusetts professor Ethan Zuckerman; Sarah Gilbert, researcher at Cornell University and Reddit moderator; and Jonathan Abrams, partner at 8-Bit Capital and the creator of Friendster.Presented by Elaine Moore. Produced by Edwin Lane and Josh Gabert-Doyon, Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley. Special thanks to Hannah Murphy.Mentioned in this podcast:The Lex Newsletter: Reddit and the API apocalypseDiscord has won over gamers. Now it wants everybody elseReddit stands firm in clash with users as blackout on forums escalates Hosted on Acast. See acast.com/privacy for more information.

8/5/2023 • 26 minutes

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Bank of England continues interest rate rise campaign

Stronger than expected online sales helped Amazon beat Wall Street expectations for last quarter, and the Bank of England raised interest rates for the 14th time in a row. Plus, the FT’s Christopher Miller explains the strategy behind a series of drone attacks on Moscow.Mentioned in this podcast:Amazon’s cost-cutting and online sales lift earningsApple profits rise as services arm surpasses 1bn usersBank of England raises interest rates by 0.25 percentage pointsTreasury yields keep climbing after US increases borrowing plansFT Weekend festival promo code: FTPodcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/4/2023 • 10 minutes, 29 seconds

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A hard landing for Europe?

Investors are increasing their bets that Europe will sink into a painful economic downturn, and luxury groups are bracing for the end of the post-pandemic recovery boom. Plus, the FT’s Tokyo bureau chief Kana Inagaki explains why Nissan’s focus on regaining ground in China might be a bit of an uphill battle.  Mentioned in this podcast:Investors turn gloomy over Europe’s economic outlookLuxury sector slows after ‘bonkers’ post-pandemic spending spreeWhy Nissan’s woes in China are not just about electric vehiclesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/3/2023 • 8 minutes, 43 seconds

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Trump indicted over attempt to overturn 2020 election

US prosecutors have charged Donald Trump in connection with his attempts to overturn the results of the 2020 election, Uber reported its first operating profit, and Fitch Ratings has cut the US debt rating from triple A to double A plus. Plus, the US Federal Reserve has become a target for Republican presidential candidates. Mentioned in this podcast:Donald Trump indicted over attempt to overturn 2020 electionUber makes first operating profit after racking up $31.5bn of lossesFitch strips US of triple A rating after borrowing stand-offRon DeSantis vows to crack down on Federal Reserve’s ‘social engineering’Uniper’s chief vows to deliver a ‘good return’ for Berlin after state rescueThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/2/2023 • 10 minutes, 16 seconds

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Booming markets neutralise impact of Fed's interest rate rises

Rising stock prices and falling bond yields in the US have essentially neutralised the impact of the Federal Reserve’s interest rate rises, western oil and gas majors are expected to face renewed scrutiny of their energy transition plans, and China’s metals and mining investments overseas are on track to hit a record this year. Plus, the private equity owners of German sandal maker Birkenstock are considering an initial public offering of the company. Mentioned in this podcast:US stocks notch longest monthly winning streak in two yearsBooming markets neutralise impact of rate rises on US corporate fundraisingChina’s overseas investment in metals and mining set to hit recordOil majors to face energy transition scrutiny as war profit boost fadesBirkenstock owner eyes $8bn valuation in September IPOThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/1/2023 • 8 minutes, 52 seconds

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The economic impact of extreme heat

The Bank of Japan announced that it’s going to allow bonds to rise more freely, and China’s politburo has signalled several target measures meant to boost the country’s economy. Plus, the FT’s Attracta Mooney explains how more frequent heat waves will impact several different industries and the economy as a whole. Mentioned in this podcast:Investment flows poised for historic shift after ‘giant leap’ by Bank of JapanWhat China’s economic measures mean in practiceHow an era of extreme heat is reshaping economiesUnhedged podcastUnhedged newsletter The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/31/2023 • 9 minutes, 47 seconds

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Peak social media: The power of influencers

Social media today is less about making friends and more about following popular content creators. While those creators are starting to hold some power over the platforms themselves, they’re also looking to become less reliant on the platforms that have enabled them to find fame and fortune online. What does it mean for the future of social media platforms? Our producer Josh Gabert-Doyon travels to the VidCon convention in Anaheim, California to speak to the people at the heart of the creator economy.We hear from Kris Collins, a TikTok and YouTube star who goes by the name @KallmeKris and her agent Keith Bielory, as well as Megan Lightcap, a VC investor who specialises in the creator economy, and Lindsey Lugrin, founder of the creator start-up f*ck You Pay Me, which is pushing for pay transparency and higher remuneration in the sector.Mentioned in this podcast:Why social media is hardly social any moreYouTube Shorts takes on TikTok in battle for younger usersWhat de-influencing tells us about the state of the creator economyPresented by Elaine Moore. Produced by Edwin Lane and Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley. Special thanks to Hannah Murphy and Cristina Criddle.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/29/2023 • 26 minutes, 42 seconds

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Stricter rules for US banks

The European Central Bank has raised interest rates back to their record high, and US bank regulators have advanced plans to impose more arduous capital requirements on the country’s large lenders. Plus, the FT’s Elaine Moore says the Twitter/X rebrand doesn’t make sense, but that’s kind of the whole point. Mentioned in this podcast:ECB raises interest rates back to record highRegulators announce ‘Basel III endgame’ rules for large US banksTwitter/X: maverick rebrand leaves Musk with a cross to bearThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Tom Stokes, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/28/2023 • 9 minutes, 17 seconds

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US hits highest interest rates in 22 years

The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point, Facebook parent Meta returned to double-digit revenue growth for the first time since the end of 2021, and US federal prosecutors charged British billionaire Joe Lewis with 19 counts related to insider trading. Plus, China’s foreign minister Qin Gang vanished a month ago and was not replaced until this week.Mentioned in this podcast:Federal Reserve raises US interest rates to highest level in 22 yearsFacebook parent Meta posts strong revenue growth amid restructuringUK billionaire Joe Lewis surrenders to US authorities on insider trading chargesChina insists diplomacy ‘orderly’ after foreign minister’s shock removalMattel hails ‘Barbie’ movie success as ‘showcase’ for more brand tie-upsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/27/2023 • 9 minutes, 9 seconds

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A glimmer of hope for the global economy

Alphabet earnings beat expectations, a new report from the IMF says the future of the global economy is looking a little brighter than it did a few months ago, and the troubled regional bank PacWest has agreed to merge with Banc of California. Plus, the FT’s James Shotter explains the role Israeli businesses are playing in protesting the country’s judicial reforms. Mentioned in this podcast:Alphabet revenue beats forecasts on robust digital ad performanceIMF upgrades forecasts but warns global economy ‘not out of the woods’US regional lenders PacWest and Banc of California agree merger Israel’s protesters prepare next phase of battle for democracyLeading Israeli businesses to strike in protest at judicial reformsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/26/2023 • 8 minutes, 52 seconds

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Spain in political limbo

Credit Suisse has been fined $388mn by US and British regulators, and Spain is facing an uncertain political future as the right and left failed to secure a clear path to forming a government. Plus, Top US consultancies are struggling to attract business in China as Beijing’s national security raids scare away local clients.Mentioned in this podcast:Credit Suisse fined $388mn over Archegos collapseSpain faces uncertain political future after election deadlockWork dries up for US consultancies in China after national security raidsLVMH becomes late addition to running order of Paris Olympic sponsorsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/25/2023 • 8 minutes, 58 seconds

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A missed shot for women’s football

America’s risky corporate loan market has been hit by the biggest slew of downgrades since the depths of the Covid crisis in 2020, and European banks with large retail arms are expected to report big second-quarter profits. Plus, the FT’s sports editor Josh Noble explains why the commercial rollout of the Women’s World Cup has been so disappointing. Mentioned in this podcast:US junk loan market hit with flurry of credit rating downgradesUK banks share more of the benefits of interest rate hikes Commercial rollout of Women’s World Cup criticised as missed opportunityBombs, car chases and ‘free money’: Dutch gangs blow up German cash machinesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Tom Stokes, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/24/2023 • 8 minutes, 54 seconds

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Peak social media: The debate over young users’ mental health

There’s a growing feeling that social media is bad for us: bad for society and bad for our wellbeing. That trend has culminated in a new wave of legislation in the United States aiming to address social media’s impact on young people’s mental health. But in this episode, Elaine Moore, deputy editor of the FT’s Lex column, looks at some of the unanswered questions over whether social media really causes us harm, and what legislation will mean for the future of the social media business model. Are we in the throws of a technological panic? In this episode, the third in a series on social media, Elaine speaks to Emma Lembke, co-founder of youth advocacy group Log Off; Katie Paul, director at the Tech Transparency Project; Amy Orben, head of the Digital Mental Health Group at the University of Cambridge; and FT tech reporter Hannah Murphy.Since the publication of Katie Paul’s investigation into the trade of looted Middle Eastern antiquities on Facebook, Meta has changed its policy on the sale of historical artefacts.Presented by Elaine Moore. Produced by Edwin Lane and Josh Gabert-Doyon, Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/22/2023 • 26 minutes, 13 seconds

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Treatments for Alzheimer’s, finally

The Nasdaq Composite had its biggest one-day drop in more than four months, the winner of Thailand’s general election has been suspended from parliament, and the FT’s Clive Cookson tells us about two huge breakthroughs in the treatment of Alzheimer’s. Mentioned in this podcast:Nasdaq drops more than 2% after Netflix and Tesla results disappointThai election winner blocked from premiershipEli Lilly drug shown to slow Alzheimer’s progressionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Saffeya Ahmed, Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/21/2023 • 9 minutes, 3 seconds

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Signs of a UK inflation cool-down

A crackdown on password sharing helped Netflix add nearly 6mn subscribers, UK inflation fell to a 15-month low of 7.9 per cent in June, Ukraine’s armed forces are having a hard time with Russian mines and Spain’s Sunday election could mean the end of Pedro Sánchez’s time as prime minister. Mentioned in this podcast:Netflix’s password-sharing crackdown pays off with nearly 6mn new subscribersUK inflation falls more than expected to 7.9% in JuneCould the UK inflation crisis be at a turning point?Military briefing: the mines stalling Ukraine’s advance‘Spain first’: Vox party on brink of sharing powerRachman Review podcast: Spain's lurch to the rightThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/20/2023 • 10 minutes, 29 seconds

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Russia targets western companies

Big investment banks are turning more bearish on the dollar, and Europeans struggle with a near-record heatwave. Plus, the FT’s Anastasia Stognei explains why Russia is starting to seize assets from food and beverage companies. Mentioned in this podcast:Kremlin oligarchs circle Danone and Carlsberg’s Russian assetsWall Street banks ditch bullish dollar bets over ‘soft landing’ hopesScorching Europe struggles to adapt to near-record temperaturesCarlos Ghosn says he filed $1bn lawsuit so Nissan managers cannot ‘sleep quietlyReuters: Carlos Ghosn speaks online at Japan press conferenceThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/19/2023 • 9 minutes, 29 seconds

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China’s economic slump

Thames Water’s biggest investor slashed the value of its stake last year, Ford’s steep price cut for its electric pick-up truck rattled shareholders and BlackRock will offer retail investors more of a voice in its biggest exchange traded fund. Plus, the FT’s Thomas Hale unpacks what’s ailing China’s economy.  Mentioned in this podcast:Thames Water’s biggest investor cut value of its stake by 28%Does Xi Jinping need a plan B for China’s economy?Ford shares sink after steep price cuts for electric pick-up truckBlackRock offers a vote to retail investors in its biggest ETFBlackRock: investor votes are no revolution in shareholder democracyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/18/2023 • 8 minutes, 48 seconds

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Can Tories prevent a massive defeat?

The EU wants other polluting nations to cut emissions faster. Three of the largest US banks reported a surge in profits last week from charging more for loans as more US banks report this week. Plus the FT’s political editor, George Parker, examines how the UK conservative party might squeeze out a win during the country’s next general election.Mentioned in this podcast:‘We are on for a massive defeat’: can the Tories prevent the inevitable?Large US banks reap bumper profits on Federal Reserve rate risesEU pushes other polluting nations to cut emissions fasterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Saffeya Ahmed (suff-YUH, EH-med) Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/17/2023 • 9 minutes, 43 seconds

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Peak social media: The ads machine

Mark Zuckerberg used advertising to turn Facebook into the first global social media giant, boasting 3bn users around the world. But today there are questions about the business model that has powered it for the past 15 years, and what Zuckerberg’s new focus on building the Metaverse means for the platform that started it all. Elaine Moore speaks to veteran Silicon Valley investor Roger McNamee, one-time advisor to Zuckerberg; writer and researcher Tim Hwang, author of Subprime Attention Crisis; and Steven Levy, editor at large at Wired and author of Facebook: The Inside Story. Meta declined a request for an interview for this episode, but directed us to their Q1 2023 earnings.Presented by Elaine Moore. Produced by Edwin Lane and Josh Gabert-Doyon, Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley. Special thanks to Hannah MurphyClips: Meta, US Senate.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey that you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance of winning a pair of Bose QuietComfort earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/15/2023 • 27 minutes, 5 seconds

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ChatGPT generates US investigation

The UK government has invited Saudi Crown Prince Mohammed bin Salman to London, and US regulators are going after the company behind ChatGPT. Plus, the FT’s Beijing bureau chief, Joe Leahy, explains how China’s youth are dealing with high levels of unemployment. Mentioned in this podcast: ChatGPT maker investigated by US regulators over AI risksPrince Mohammed bin Salman invited to visit UK in autumnRachman Review: Will this year’s climate talks be a washout?China’s youth left behind as jobs crisis mountsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/14/2023 • 7 minutes, 51 seconds

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US inflation cools

US inflation fell sharply to 3 per cent in June, the $1.35tn US junk bond market has shrunk by almost $200bn since its all-time peak in late 2021, and tensions started to boil over during Nato’s two-day summit. Mentioned in this podcast:US inflation slows to 3% as interest rate rises biteUS junk bond market shrinks as rising rates put off borrowers‘We’re not Amazon’: tensions with Ukraine surface at Nato summitThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/13/2023 • 9 minutes, 53 seconds

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A big win for Microsoft’s Activision deal

Jeremy Hunt has ordered ministers to find more than £2bn to fund public sector pay rises this year, JPMorgan is trying to scoop up Silicon Valley Bank’s clients, and a US court denies a watchdog’s request to block the Microsoft-Activision mergerMentioned in this podcast:Nvidia in talks to be an anchor investor in Arm IPOJPMorgan hires dozens of start-up bankers to capitalise on SVB collapseUS judge denies FTC attempt to block Microsoft’s Activision dealBehind the Money: Frances Haugen’s lessons as a Facebook whistleblowerJPMorgan expands startup banking team abroad with ex-SVB hiresThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/12/2023 • 9 minutes, 49 seconds

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Nato torn over Ukraine’s membership bid

Hedge funds have cut their bets on a rising US stock market to the lowest level in at least a decade and pivoted to Europe, a top US banking regulator has announced tougher capital rules for a broader range of lenders, and Dutch PM Mark Rutte is quitting politics after the collapse of his coalition. Plus, the FT’s Henry Foy explains why Nato is torn over whether to admit Ukraine. Mentioned in this podcast:Hedge funds slash bets on US after rally and pivot to EuropeTop US bank watchdog outlines tougher rules for larger lendersNato’s dilemma: what to do about Ukraine’s bid to join?Erdoğan links Sweden’s Nato bid with Turkey’s EU accessionDutch PM Mark Rutte to quit politics after collapse of coalitionCorrection: In the July 10 episode of the FT News Briefing we mistakenly described the UK Chancellor’s annual speech as the Madison speech. It is the Mansion House speech. We regret the error. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/11/2023 • 9 minutes, 54 seconds

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Loan losses mount for US banks

Israel is set to start voting on controversial judicial reforms on Monday and the largest US banks are expected to report the biggest jump in loan losses since the onset of the pandemic. Plus, global manufacturers are shifting business out of China to Vietnam. Mentioned in this podcast:Benjamin Netanyahu faces fresh wave of resistance to Israeli judicial reform plansWall St to report biggest jump in loan losses since pandemicVietnam becomes vital link in supply chain as business pivots from ChinaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/10/2023 • 8 minutes, 7 seconds

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The Congo river conservation debate

Investors sold stocks and bonds across the world on Thursday as US borrowing costs touched a 16-year high, US Treasury secretary Janet Yellen is in China, and Meta said more than 30mn people had signed up to its long-awaited competitor to Twitter. Plus, the FT’s Africa editor David Pilling explains why conservation in the Congo has become contentious. Mentioned in this podcast:US borrowing costs hit 16-year high as markets roiled by jobs dataJanet Yellen to visit China in new US push to ease tensionsMeta says 30mn people have signed up to Twitter competitor ThreadsIn search of the ‘village of the elephants’, deep in the central African rainforestThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/7/2023 • 10 minutes, 1 second

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Protecting elephants in the Congo River Basin

The US and Germany are among the western allies falling behind in delivering promised heavy weapons to Ukraine, and big asset managers are flocking to Latin American bonds and currencies. Plus, the FT’s Africa editor David Pilling introduces us to some conservationists working to protect elephants from poachers in the Congo River Basin. Mentioned in this podcast:Latin America’s bonds and currencies lure yield-hungry investors In search of the ‘village of the elephants’, deep in the central African rainforestJapan Airlines gives tourists chance to reduce baggage by renting clothesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/6/2023 • 10 minutes, 8 seconds

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Tracking the gorillas of the Congo Basin

Israel’s raid on the West Bank reignites fears of escalating violence, Switzerland is looking into potential Russian sanctions violations and we continue our series on the Congo Basin with David Pilling, the FT’s Africa editor. Plus, meme stock traders shop for Bed Bath & Beyond.Mentioned in this podcast:Switzerland questions oil trader over sidestep of Russian sanctionsIn search of the ‘village of the elephants’, deep in the central African rainforestEight injured after car rams pedestrians in Tel Aviv, say policeInvestors spend $200mn on ‘worthless’ Bed Bath & Beyond sharesToday’s FT News Briefing is produced by Manuela Saragosa, Fiona Symon and Josh Gabert-Doyon. Mixing by Simon Panayi. Additional help from Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/5/2023 • 10 minutes, 48 seconds

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A deep look inside the Congo River Basin

The UK’s financial watchdog has summoned bank chief executives to address concerns that savings rates are lagging behind the surging cost of mortgages, Internet brand, Yahoo, is planning a return to the public markets, and the FT has released an investigation into sexual allegations toward celebrated architect, David Adjaye. Plus, the FT’s Africa editor, David Pilling, takes us to one of the biggest rainforests in the world. Mentioned in this podcast:UK watchdog summons bank bosses to address ‘profiteering’ claimYahoo plots return to public markets Sir David Adjaye: the celebrated architect accused of sexual misconductIn search of the ‘village of the elephants’, deep in the central African rainforestThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/4/2023 • 10 minutes, 4 seconds

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France’s George Floyd moment

Apple has been forced to make drastic cuts to production forecasts for the mixed-reality Vision Pro headset, French president cancels a trip to Germany as protests continue in Paris over the police killing of a teenager, and the Nasdaq Composite recorded its best first half of the year since 1983. Plus, the FT’s Taylor Nicole Rogers tells us what resuming student loan payments will mean for borrowers and the larger economy.Mentioned in this podcast:Apple forced to make major cuts to Vision Pro headset production plansPolice killing of teenager Nahel reopens old wounds for France’s minoritiesFrance suffers fifth night of rioting sparked by killing of teenagerNasdaq records best start to year in four decadesMillions of US borrowers brace for the return of student debt paymentsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Brian Gutierrez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’ global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/3/2023 • 10 minutes, 19 seconds

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Peak social media: Trouble at Twitter

Elon Musk took over Twitter with the promise of promoting free speech and making the loss-making platform profitable again. But his critics say he’s destroying Twitter’s culture and driving it to bankruptcy. How much danger is the company really in? In the first episode in a new series of Tech Tonic, Elaine Moore, deputy editor of the FT’s Lex column, asks whether Musk will save Twitter or destroy it.In this episode we hear from Evan Henshaw-Plath, one of the original creators of Twitter; Rumman Chowdhury, Twitter’s former head of machine learning, ethics, transparency, and accountability who was laid off by Elon Musk; and FT tech reporter Hannah Murphy.Presented by Elaine Moore. Produced by Edwin Lane and Josh Gabert-Doyon, Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley. Special thanks to Hannah MurphyClips: TED Conferences, CBS, Joe Rogan Experience Podcast, MSNBC, CNNWe're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/1/2023 • 29 minutes, 28 seconds

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The Thames Water debt debacle

The US Supreme Court has curbed universities’ ability to consider race in admissions, turmoil at the top of Thames Water has left the UK government scrambling to prepare contingency plans, and China has passed a new foreign relations law that deepens President Xi Jinping’s control over the country’s external relations. Plus, the FT’s Raphael Minder explains how Belarus's President Alexander Lukashenko ended up brokering a deal to stop the attempted coup in Russia.Mentioned in this podcast:US Supreme Court curbs consideration of race in university admissionsWhy Thames Water is under growing strainChina passes foreign relations law to strengthen Xi Jinping’s response to sanctionsAlexander Lukashenko: from Putin’s puppet to Prigozhin’s saviourThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/30/2023 • 9 minutes, 54 seconds

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Banks try to avoid ending up like SVB

Sterling suffers biggest one-day fall against the dollar in a month following UK growth fears, US banks are stepping up the sales of their loan portfolios, and Odey Asset Management continues to spiral after an FT investigation into sexual misconduct allegations at the hedge fund. Mentioned in this podcast:US banks step up sales of loan portfolios to private lendersOdey Asset Management in talks with SW Mitchell over Oliver Kelton’s fundsWall Street shares waver as central bankers warn of more rate risesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/29/2023 • 8 minutes, 37 seconds

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Japan goes all in on chips

Sierra Leone’s president, Julius Maada Bio, has won a second term in office, the US Supreme Court rejects a Republican election plan, and a New York court has ruled that FTX’s Sam Bankman-Fried cannot dismiss the criminal charges against him. Plus, a leading Japanese semiconductor equipment maker has accepted a $6.4bn buyout offer from a state-backed fund. Mentioned in this podcast:Bio secures second term as Sierra Leone leaderUS Supreme Court affirms state courts’ authority over election rulesSam Bankman-Fried fails to dismiss criminal charges related to FTXJapan steps into chip supply chain with $6.4bn JSR dealThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/28/2023 • 7 minutes, 59 seconds

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Wagner head downplays attack on Russia

The head of the Wagner militia has denied trying to overthrow the Russian government, and western banks may not be able to participate in the Shanghai IPO of Swiss chemicals group Syngenta. Plus, the Federal Reserve’s campaign to increase interest rates is doing damage to short-term bond yields.Mentioned in this podcast:Wagner chief hails march on Moscow as ‘masterclass’ but denies coup bidBets on bond renaissance frustrated by stubbornly high inflationChina’s biggest IPO in years poses $9bn question for western banksHollywood producer says champagne gifts for Netanyahu may have been ‘excessive’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/27/2023 • 9 minutes, 15 seconds

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Wagner’s 24-hour coup

Wagner troops withdrew from Russia late Saturday night after an abandoned coup attempt on Moscow, Greek prime minister Kyriako Mitsotakis won re-election in a blowout, and foreign investors viewed Turkey’s first interest rate rise in years as a ‘baby step’ towards ending the country’s economic crisis. Mentioned in this podcast:Kyriakos Mitsotakis set for return to power in Greek electionsWagner troops withdraw as Russian uprising leaves Putin weakenedInvestor scepticism remains after Turkey’s ‘baby step’ towards ending crisisThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/26/2023 • 9 minutes, 39 seconds

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The housing supply problem

Home prices in the US and UK skyrocketed during the coronavirus pandemic. In a special four-part series, we explored how they got so out of whack and what might work to bring back some balance. Mentioned in this podcast:Homesharing offers a cheaper alternative to rental accommodationTurning offices into condos: New York after the pandemicThe Fed’s waiting game: is the US economy finally starting to crack?How stubborn inflation has undermined the UK housing marketThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.  Hosted on Acast. See acast.com/privacy for more information.

6/25/2023 • 25 minutes, 39 seconds

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The UK’s ‘mortgage bomb’

The Bank of England’s 50 basis point interest rate rise is causing concern for the UK’s already-high mortgages, and Germany has signed another long-term deal to import more US liquefied natural gas. Plus, the FT’s Aanu Adeoye explains what’s at stake in Sierra Leone’s election this weekend. Mentioned in this podcast:‘We’re suffering’: soaring costs create opening for Sierra Leone’s oppositionBank of England raises interest rates by 0.5 percentage pointsMass UK house repossessions unlikely despite soaring mortgage ratesGermany locks in more US natural gas as it shuns Russian supplyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/23/2023 • 9 minutes, 54 seconds

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Modi tries to deepen US tech ties

India’s prime minister Narendra Modi is set to address the US Congress today, and US regulators are accusing Amazon of duping customers into signing up for its Prime service without their consent. Plus, Italy has stripped China’s Sinochem of its influence as the largest shareholder in the Italian tyremaker Pirelli. Mentioned in this podcast:India’s Narendra Modi embarks on US state visit to deepen defence and tech tiesWashington’s embrace of Modi carries a priceFTC alleges Amazon ‘tricked and trapped’ customers with Prime subscriptionsItaly strips China’s Sinochem of its influence as Pirelli’s largest investorThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/22/2023 • 9 minutes, 28 seconds

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The trials and tribulations of AI voice tech

Singapore’s sovereign wealth fund GIC has accelerated dealmaking in the US, and US president Joe Biden’s son has agreed to plead guilty to tax and firearm possession charges. Plus, the FT’s Madhumita Murgia visited an AI voice technology start-up to explain some of its applications and risks. Mentioned in this podcast:Singapore’s GIC accelerates US deals as China coolsHunter Biden hit with federal tax and firearm chargesCan AI make me a musical star?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/21/2023 • 11 minutes, 3 seconds

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US and China meet in an attempt to ease tensions

US Secretary of State Anthony Blinken has met with China's President Xi Xinping in an attempt to ease US-Sino tensions. Plus, the aerospace industry says that flying taxis could soon be on the horizon in cities around the world.Mentioned in this podcast:Xi Jinping sees ‘progress’ in China-US ties at meeting with Antony BlinkenWhich flying taxi will take off first?Amazon, Hilton and Starbucks to hire thousands of refugees across EuropeThe FT News Briefing was produced by Fiona Symon and Josh Gabert-Doyon. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music and Simon Panayi was the audio engineer.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/20/2023 • 10 minutes, 22 seconds

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AstraZeneca could spin off China business

AstraZeneca has drawn up plans to break out its China business, and France is challenging a German-led plan to build up Europe’s air defences. Plus, US businesses are cutting back on their investments in diversity and inclusion. Mentioned in this podcast:AstraZeneca drafts plan to spin off China business amid tensionsFrance summons allies in challenge to German-led air defence plan Cuts to investment in diversity threaten gainsHunt tells ministers to quicken adoption of AI to boost economyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/19/2023 • 8 minutes, 9 seconds

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Martin Wolf on saving democratic capitalism: epilogue

In this last episode of Martin Wolf’s series, the FT’s chief economics commentator sits down with the FT’s executive opinion editor, Jonathan Derbyshire, to give his concluding thoughts on the state of the world’s democracies. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, and his conversations in this series, they discuss what role citizens’ juries could play in rectifying some of what has gone wrong in the past couple of decades.Want more?Martin Wolf: in defence of democratic capitalismCitizens’ juries can help fix democracyFor Martin’s FT columns click hereFor the FT review of Martin’s book click here This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

6/18/2023 • 20 minutes, 20 seconds

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Martin Wolf on saving democratic capitalism: Hillary Clinton

In this fourth episode of Martin Wolf’s series, the FT’s chief economics commentator discusses the rise of populist politics with someone who was hit by its hard edge: Hillary Clinton. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what the future holds for democracy, why female leaders face such extreme misogyny and threats of violence, whether President Biden can win re-election next year, and why Clinton is pinning her hopes on a younger generation of voters.Want more?Martin Wolf: in defence of democratic capitalismCitizens’ juries can help fix democracyFor Martin’s FT columns click hereFor the FT review of Martin’s book click here This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley.Clips: CNN, ABC, CBS, OAN, Fox, BBC, CBCRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/17/2023 • 41 minutes, 42 seconds

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Central banks all over the place

UK hedge fund firm Odey Asset Management is being dismantled in the wake of sexual misconduct allegations against its founder and Saudi Arabia has spent almost $8bn on gaming companies in the past 18 months as part of a turbocharged investment spree. Plus, FT markets editor Katie Martin talks about this week’s asynchronous central bank moves. Mentioned in this podcast:ECB increases interest rates to highest level since 2001Chinese economic data fuels gloom over recoverySaudi Arabia spends billions in drive to dominate global games industryOdey Asset Management to be broken upUnhedged podcast: https://link.chtbl.com/UnhedgedThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/16/2023 • 11 minutes, 40 seconds

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Fed skips an interest rate increase

The US Federal Reserve paused its interest rate rise campaign on Wednesday after 10 straight increases, and former UK prime minister Boris Johnson has been found to have committed “multiple” contempts of parliament. Plus, Russian energy giant Gazprom has been backing militias in the Ukraine war.Mentioned in this podcast:Federal Reserve pauses rate rise campaign but signals more to comeBoris Johnson found to have committed ‘multiple’ contempts of parliament‘Stream’ and ‘Torch’: the Gazprom-backed militias fighting in UkraineBeyonce blamed for stubbornly high Swedish inflationCredit: Beyonce performs Break My Soul in StockholmThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/15/2023 • 10 minutes, 36 seconds

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The housing supply problem: Part 4

EY’s global chief executive Carmine Di Sibio says he is planning to retire next year, and the FT’s Joshua Franklin explains the impact of JPMorgan settling a lawsuit over its 15-year relationship with Jeffrey Epstein. Plus, in the fourth and final part of our housing series, we look at what the government can do to bring down prices. Mentioned in this podcast:EY chief Carmine Di Sibio to retire after failure of split planJPMorgan to pay up to $290mn to settle Epstein accusers’ lawsuitThe Fed’s waiting game: is the US economy finally starting to crack?How stubborn inflation has undermined the UK housing marketThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/14/2023 • 9 minutes, 47 seconds

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The Crispin Odey investigation

France is drumming up support for a global levy on greenhouse gas emissions from the shipping industry, and former Italian prime minister Silvio Berlusconi has died. Plus, an explosive FT investigation exposed sexual misconduct allegations against prominent financier Crispin Odey. Mentioned in this podcast:France seeks to rally support for emissions levy on shippingSilvio Berlusconi, Italian prime minister, 1936-2023How Crispin Odey evaded sexual assault allegations for decadesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/13/2023 • 10 minutes, 33 seconds

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Scotland’s Sturgeon arrested

The former first minister of Scotland, Nicola Sturgeon, was arrested on Sunday, Boris Johnson’s exit from UK parliament will have consequences for the Conservative Party. Plus, former US president Donald Trump’s most recent indictment could have implications on his 2024 run for president. Mentioned in this podcast:Nicola Sturgeon arrested in probe into SNP financesJohnson quits parliament in protest at MPs’ ‘kangaroo court’Trump indictment’s sharp details seen as ‘daunting for the defence’ The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/12/2023 • 9 minutes, 45 seconds

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Martin Wolf on saving democratic capitalism: resisting autocracy

In this third episode of Martin Wolf’s series, the renowned FT columnist and economist speaks to the journalist and historian Anne Applebaum, who has written extensively about the history of communism and the development of civil society in central and eastern Europe. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what lies behind a global rise in autocracy and what can be done to counter it.Want more?Martin Wolf: in defence of democratic capitalismFor Martin’s FT columns click hereFor the FT review of Martin’s book click here This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley. Clips: C-Span, France 24, Soviet radio, BBC, Stanford University, CBSRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/10/2023 • 43 minutes, 13 seconds

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Rishi Sunak comes to Washington

Tesla and General Motors have struck a deal to let the Detroit carmaker’s customers plug in at 12,000 of the Texas company’s roadside chargers, and Turkey eased its long-running battle to defend the lira and the currency plunged. Plus, US President Joe Biden and UK Prime Minister Rishi Sunak on Thursday agreed on an “Atlantic declaration” to strengthen economic ties between the two countries.Mentioned in this podcast:Turkish lira slumps as new economic team starts ‘intentional devaluation’Biden and Sunak unveil ‘Atlantic declaration’ to strengthen economic tiesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/9/2023 • 9 minutes, 4 seconds

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Introducing Unhedged

We want to tell about a new podcast coming soon! On Unhedged, Ethan Wu, Katie Martin and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Unhedged launches June 13, you can follow the show here! Hosted on Acast. See acast.com/privacy for more information.

6/8/2023 • 1 minute, 30 seconds

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The housing supply problem: Part 3

The US, Taiwan and Japan will share real-time data from naval reconnaissance drones, India’s deadliest train accident happened despite years of investment, and an architect-developer duo in Baltimore, Maryland, are converting an historic office building into residential housing. But how much can it ease the housing shortage? Mentioned in this podcast:US to link up with Taiwan and Japan drone fleets to share real-time dataIndia’s surging rail investment fails to avert disasterTurning offices into condos: New York after the pandemicThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/8/2023 • 10 minutes, 8 seconds

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Sequoia Capital to spin off its China business

The UK Cabinet Office will tell central government departments to remove all surveillance equipment made by Chinese companies from sensitive sites; and the venture capital giant Sequoia Capital is splitting its China business into a separate entity amid rising tensions between Washington and Beijing. Plus, the destruction of a dam on the front lines of the war in Ukraine has flooded entire towns and forced tens of thousands of people to evacuate. Mentioned in this podcast:UK to strip Chinese surveillance cameras from sensitive government sitesSequoia to spin off its China business Dam break gives Russia a new weapon in Ukraine WarSaudi Arabia to spend billions on shock merger of PGA Tour and LIV GolfThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/7/2023 • 8 minutes, 10 seconds

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SEC sues world’s largest crypto exchange

US securities regulators yesterday sued the world’s largest crypto exchange and accused Binance of a host of violations, sliding German butter prices are spreading hope of lower food inflation, and global carmakers have been caught off guard by the speed of China’s shift to electric vehicles. Mentioned in this podcast:Crypto exchange Binance sued by SEC in latest blow from US regulatorsSliding German butter prices spread hope of lower food inflation China’s car market has become a Darwinian battlegroundThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/6/2023 • 8 minutes, 26 seconds

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A daring high-wire act: Inside the Asda buyout

Saudi Arabia is cutting oil production, Turkey has a new finance minister and Apple is unveiling a mixed-reality headset today. Plus, the FT’s Kaye Wiggins explains how Asda has been able to take on enormous debt and whether its luck is about to change. Mentioned in this podcast:Virtual reality start-ups pin hopes on Apple to lure back fundingSaudi Arabia seeks to boost oil price with output cut of 1mn barrels a dayAsda chair defends £2.3bn deal for UK operations of sister group EGTurkey’s new finance minister pledges to return to “rational” economic policy The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/5/2023 • 11 minutes, 11 seconds

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FTNB Live! FT Weekend Fest in Washington DC

A special live recording of the FT News Briefing at the FT Weekend Festival in Washington, DC. Our terrific colleagues played a friendly game of news trivia, and the FT’s Ethan Wu gave us a preview of his new podcast Unhedged, which comes out June 13. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

6/4/2023 • 24 minutes, 12 seconds

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Martin Wolf on saving democratic capitalism: the ‘democratic recession’

In this second episode of Martin Wolf’s series, the renowned FT columnist and economist speaks to Larry Diamond, a leading contemporary scholar in the field of democracy studies and a senior fellow in global democracy at the Freeman Spogli Institute for International Studies at Stanford University. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what’s behind a deepening global ‘democratic recession’.LinksMartin Wolf: in defence of democratic capitalismFor Martin’s FT columns click hereFor the FT review of Martin’s book click here This episode is presented by Martin Wolf. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley.Clips: BBC, CNN, WIONRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/3/2023 • 43 minutes, 28 seconds

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What did the fight over the US debt ceiling cost?

Binance has lost a quarter of its market share, the US government is on the verge of passing a deal to raise the debt ceiling, and Eurozone inflation has fallen more than economists expected to hit its lowest level since Russia’s invasion of Ukraine. Plus, Ukraine’s attacks such as the Moscow drone strikes are seen as ‘magician’s sleight of hand’ that deceives the Kremlin and derails Russia’s plans. Mentioned in this podcast:Binance loses market share after regulatory clampdownChuck Schumer races to push US debt ceiling bill through Senate by end of weekEurozone inflation falls to lowest level since Russia invaded UkraineMilitary briefing: Ukraine’s daring ‘shaping operations’ stretch Russian defences Rachman Review podcast: Is the Ukraine War reaching a turning point? The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/2/2023 • 8 minutes, 50 seconds

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The housing supply problem: Part 2

The US House of Representatives voted to raise the debt ceiling last night. Plus, in part two of our housing series, the FT’s Persis Love explores a niche solution to skyrocketing rents in the UK, called homesharing. Mentioned in this podcast:US closer to avoiding historic default as House advances debt ceiling billHomesharing offers a cheaper alternative to rental accommodationThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/1/2023 • 9 minutes, 4 seconds

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Wall Street gives crypto a chance

China has called for “stable and constructive” ties with the US in a meeting with Elon Musk and some Wall Street companies are building their own digital markets trading platforms to compete with crypto companies. Plus, the FT’s Nicholas Megaw explains why investment funds have become a bigger insider trading risk for US lawmakers than buying shares in a single company. Mentioned in this podcast:Wall Street ready to take on established crypto companiesUS Congress: how investment funds became the new insider trading riskChina calls for ‘stable’ ties with US in meeting with Elon MuskNvidia hits $1tn market cap as chipmaker rides AI waveThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/31/2023 • 9 minutes, 25 seconds

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Ageing populations hit government credit ratings

Democrats and Republicans are confident they can pass a deal to avert a US debt default, the lira slides after Turkish president Recep Tayyip Erdoğan is re-elected, and ageing populations are causing government credit ratings to take a hit. Mentioned in this podcast:Debt ceiling fight shifts to Congress as lawmakers prepare for first votesTurkey’s lira weakens as economists warn of economic challengeAgeing populations ‘already hitting’ governments’ credit ratingsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/30/2023 • 10 minutes

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Martin Wolf on saving democratic capitalism

In the first of this four-part series, the renowned FT columnist and economist Martin Wolf tells the FT’s executive opinion editor Jonathan Derbyshire why he fears the marriage of liberal economics and democracy may be facing its toughest test in decades. Drawing on arguments in his latest book, The Crisis of Democratic Capitalism, Martin explains how his own life story and career have shaped his views.Want more?Martin Wolf: in defence of democratic capitalismFor Martin’s FT columns click hereFor the FT review of Martin’s book click hereThis episode is presented by Jonathan Derbyshire. The producer is Laurence Knight. The executive producer is Manuela Saragosa and the sound engineer is Breen Turner. The FT's global head of audio is Cheryl Brumley.Clips: BBC, CNN, Fox NewsRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/29/2023 • 46 minutes, 37 seconds

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Nvidia closes in on the trillion dollar club

More large US companies are taking shelter in bankruptcy court, Nvidia is on course to become the first chipmaker to be valued at more than $1tn, and Turkish voters go back to the polls to pick their next president. Mentioned in this podcast:US credit squeeze triggers rise in corporate bankruptciesNvidia races towards $1tn club as AI frenzy drives chip stocks higherThe latest on Turkish electionsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/26/2023 • 8 minutes, 39 seconds

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The housing supply problem: Part I

UK gilt yields hit levels not seen since last year’s “mini” Budget crisis, and Australia’s government has referred a PwC tax leak scandal to the country’s federal police. Plus, in part one of our series on housing, the FT’s Sonja Hutson looks at why there are so few homes on the US market. Mentioned in this podcast:Gilt yields soar towards ‘mini’ Budget levels after inflation disappointsAustralian government refers PwC tax leaks scandal to policeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/25/2023 • 12 minutes, 11 seconds

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A new gold rush

A double-digit drop in German exports to China has rattled Europe’s biggest economy and the UK is set to lose a high-profile solar power investment. Plus, the FT’s Harry Dempsey explains why investors and central banks are piling into the gold market.Mentioned in this podcast:Big drop in German exports to China raises fears over EU’s industrial powerhouseUK set to lose solar investment after developer criticises lack of incentivesWhy investors are going gaga for goldThe new gold boom: how long can it last?Apple expands US chip sourcing with multibillion-dollar Broadcom dealThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/24/2023 • 8 minutes, 26 seconds

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Adani tries to win back investors

China’s semiconductor industry fears Japanese curbs on exports of crucial chipmaking equipment are stricter than US limits, Meta has been hit with a €1.2bn fine by the EU for privacy violations, and the Adani Group is trying to woo investors after a series of allegations from short-seller Hindenburg. Mentioned in this podcast:China fears Japan’s chipmaking curbs go further than US restrictionsFacebook owner Meta hit with record €1.2bn fine over EU-US data transfersAdani seeks to woo bankers with three-day tour after short seller’s attackIndian market regulator has ‘hit a wall’ in Adani probeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/23/2023 • 8 minutes, 8 seconds

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China bans Micron’s products from key infrastructure

Florida governor Ron DeSantis is expected to launch his campaign for US president this week, China has banned operators of key infrastructure from buying chips from US chipmaker Micron Technology, and Morgan Stanley is searching for a new CEO after James Gorman announced that he’s stepping down. Plus, the FT’s Sylvia Pfeifer explains how the war in Ukraine has put a spotlight on tech-led defence companies. Mentioned in this podcast:Ron DeSantis struggles for lift-off as campaign launch nearsChina bans Micron’s products from key infrastructure over security riskMorgan Stanley chief James Gorman to step down within a yearUkraine war puts spotlight on tech-led defence companiesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/22/2023 • 10 minutes, 56 seconds

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TikTok spied on our reporter

The US Supreme Court rules to protect big tech companies from being liable for users’ posts, and G7 countries are preparing new sanctions against Russia. Plus FT technology reporter Cristina Criddle learned that TikTok spied on her. She talks about her experience.Mentioned in this podcast:Supreme Court sides with tech giants over legal shield for contentTikTok spied on me. Why?G7 host Japan seeks unity on threat from ChinaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/19/2023 • 9 minutes, 33 seconds

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Will the digital euro come online?

Ukraine’s allies worry that support from the US will lose steam during next year’s election cycle, and Japan’s stocks are reaching new highs. Plus, the European Central Bank is big on a digital currency. Europeans? Not so much.Mentioned in this podcast:Ukraine’s allies fear military support will fade in US election yearJapan stock index hits 33-year high as investors warm to Tokyo storyThe digital euro: a solution seeking a problem?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/18/2023 • 8 minutes, 14 seconds

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US sues to block drug merger

The Federal Trade Commission sued to block the biotechnology company Amgen’s $28.3bn deal to acquire Horizon Therapeutics, Italy is struggling to spend €200bn in EU Covid recovery funds, and Ukraine said it repelled an unprecedented barrage of Russian missiles over Kyiv. Mentioned in this podcast:FTC warns of ‘rampant’ pharma consolidation as it targets $28bn Amgen dealItaly overhauls plans for €200bn in EU Covid recovery fundsUkraine says it repelled ‘exceptional’ barrage of Russian missilesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/17/2023 • 9 minutes, 43 seconds

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Ford to scale back China investments

Ford plans to reduce its future investment in China, and prominent investors are upset with the record number of share buybacks. Plus, the FT’s Eleni Varvitsioti explains that Greece’s economic recovery has come at a cost to some of its citizens. Mentioned in this podcast:Ford to scale back China investments amid EV competition from local rivalsGreece’s ‘greatest turnround’: from junk to investment gradeRecord buyback spree attracts shareholder complaintsKrispy Kreme boss shrugs off UK’s tightening anti-obesity rulesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/16/2023 • 8 minutes, 4 seconds

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Turkey’s tight election

Turkish leader Recep Tayyip Erdoğan and rival Kemal Kılıçdaroğlu are locked in a tight battle for the presidency as the election count suggested rising odds of an unprecedented second round, Argentina today will announce a new round of emergency government measures, Twitter's new CEO could mend relations with advertisers who have paused spending on the social media site, and big infrastructure projects have led to soaring demand for the world’s most used natural material, sand.Mentioned in this podcast:Turkey’s opposition disputes early election lead for ErdoğanLinda Yaccarino: an advertising veteran enters the wild world of Musk’s TwitterArgentina plans emergency economic measures to avoid big devaluationSand shortages push up cost of jam jars and frackingThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/15/2023 • 8 minutes, 16 seconds

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Markets shrug off potential US debt default

Elon Musk says he’s hired a new CEO for Twitter, and Turkey heads to the polls this weekend for what analysts say is the biggest presidential election there in decades. Plus, the FT’s Katie Martin and Jennifer Hughes explain what the US debt ceiling fight is doing to Treasury markets. Mentioned in this podcast:Elon Musk says he has found a new Twitter CEOEU plans Black Sea internet cable to reduce reliance on RussiaTurkish presidential candidate İnce quits race days before voteTurkey: Erdoğan faces his greatest electoral challenge yetThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/12/2023 • 10 minutes, 24 seconds

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China makes a show of corporate raiding

Disney sharply reduced its losses from video streaming in the second quarter, US inflation dipped to its lowest level since April 2021, and the FT’s Joe Leahy explains China’s crackdown on foreign business due diligence firms, including Capvision, Bain and Mintz. Mentioned in this podcast:Disney shaves streaming losses as subscription fees riseUS inflation eases to 4.9% in April as Fed tightening takes effectChina raids multiple offices of international consultancy CapvisionSpotify ejects thousands of AI-made songs in purge of fake streamsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/11/2023 • 8 minutes, 18 seconds

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Jack Dorsey’s Bluesky takes on Twitter

Donald Trump has been found liable for the sexual abuse of a journalist in a Manhattan department store in the 1990s, Ireland plans to set up a sovereign wealth fund with its bumper budget surpluses, and China’s foreign minister has condemned EU proposals to impose sanctions on Chinese companies for supporting Russia’s war machine. Plus, the FT’s Hannah Murphy talks about one of the latest challengers to Twitter, Jack Dorsey’s Bluesky.Mentioned in this podcast:Donald Trump found liable in civil lawsuit over writer’s sexual abuseIreland to propose creation of sovereign wealth fundChina vows to retaliate against EU sanctions on its companiesJack Dorsey’s Bluesky emerges as latest challenger to Elon Musk’s TwitterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/10/2023 • 8 minutes, 16 seconds

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Is commercial property the ‘next shoe to drop’?

The Bank of England is set to raise interest rates to their highest level since 2008 this week, and investors are worried about the impact of rising rates on US commercial real estate. Plus, the FT’s James Kynge explains the decline in Chinese investment into Europe.  Mentioned in this podcast:Bank of England set to raise rates to highest level since 2008US lenders warned that commercial property is ‘next shoe to drop’Chinese investment in Europe falls as watchdogs increase scrutinyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/9/2023 • 8 minutes, 21 seconds

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US debt ceiling deadline looms

The G7-led price cap on Russian oil exports has forced the Kremlin to raise the tax burden on producers, and education companies are struggling after a warning over ChatGPT. Plus, the FT’s deputy Washington bureau chief Lauren Fedor explains what’s at stake if the US doesn’t raise its debt ceiling. Mentioned in this podcast:Russia’s energy sector hit as Kremlin forced to increase taxDebt ceiling diehard in rural Virginia vows to ‘call Democrats’ bluff’Yellen warns of ‘constitutional crisis’ over US debt ceiling impasseEducation companies’ shares fall sharply after warning over ChatGPTCredit: The debt ceiling must be raised to avoid 'economic calamity’: Janet YellenThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/8/2023 • 9 minutes, 22 seconds

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Another rough day for US regional banks

Apple said on Thursday that revenues shrank for a second straight quarter, the European Central Bank raised interest rates by a quarter of a percentage point, and US regional banks suffered severe stock declines. Mentioned in this podcast:ECB raises rates as Lagarde warns of ‘more ground to cover’Western Alliance shares recover after it denies report of potential saleWhat’s changed for regional banks this week?Apple reports weaker revenue for a second straight quarterEd Sheeran wins ‘Let’s Get It On’ copyright infringement trialEd Sheeran’s Thinking Out Loud © 2014 Asylum Records UK, a Warner Music UK CompanyMarvin Gaye’s Let’s Get It On © 2001 Motown Record Company L.P.The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/5/2023 • 8 minutes, 26 seconds

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Fed hints it might pause rate hikes

The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point, Russia accused Ukraine of attempting to assassinate President Vladimir Putin in a late-night drone attack on the Kremlin, and local elections in the UK are a major test for the largest two parties as they prepare for a general election next year. Mentioned in this podcast:Fed implements quarter-point rate rise and signals potential pauseRussia accuses Ukraine of attempting to assassinate Vladimir PutinSunak and Starmer go head to head in battle for local council seatsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/4/2023 • 9 minutes, 43 seconds

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US regional bank stocks still under pressure

The rescue of First Republic this week has failed to stop a sell-off in regional bank shares, Apple experienced a big boost in demand in India driven by a surge in refurbished iPhone sales, and European banks are hoping to scoop up some of Credit Suisse’s business now that the lender has been bought by UBS. Mentioned in this podcast:First Republic rescue fails to arrest slide in US regional bank sharesRefurbished iPhones boost Apple’s share of Indian marketDeutsche Bank plans to beef up investment bank advisory teamIcahn group’s shares tumble after attack by short seller HindenburgThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/3/2023 • 8 minutes, 57 seconds

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Jamie Dimon’s big win

Chinese initial public offerings have raised more than five times as much money as those in the US this year, and Germany’s lawmakers are set to pass immigration reforms to address a worsening skills shortage. Plus, the FT’s Brooke Masters unpacks the deal for First Republic and what’s in it for JPMorgan.Mentioned in this podcast:China dominates global IPO market as Wall Street fails to reboundJPMorgan to acquire First Republic’s deposits as US regulators step inGermany looks to immigration reform to arrest worsening skills shortageThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/2/2023 • 10 minutes, 54 seconds

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First Republic in limbo

At least three large banks have submitted bids to buy all or parts of First Republic, the US is urging South Korea not to fill China’s semiconductor shortfalls if Beijing bans Micron chips, and Iran’s statistics authorities have kept inflation data under wraps for the last two months. Plus, mining companies are willing to go to the bottom of the ocean for rare and precious resources.  Mentioned in this podcast:JPMorgan, Citizens and PNC submit bids for First RepublicUS urges South Korea not to fill China shortfalls if Beijing bans Micron chipsIran keeps inflation data under wraps‘Playing with fire’: the countdown to mining the deep seas for critical mineralsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/1/2023 • 10 minutes, 25 seconds

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Big Tech props up US stocks

Russia’s stock market has climbed to its highest level in more than a year, European commercial real estate deals hit an 11-year-low last quarter, and Big Tech continues to prop up the US stock market.Mentioned in this podcast:Russian stock market hits year high as trapped investors have nowhere else to goTraditional investors are learning it’s tricky to be pickyEuropean commercial real estate dealmaking falls to 11-year lowThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/28/2023 • 9 minutes, 23 seconds

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The Magic Kingdom goes to war

Walt Disney sued Florida governor Ron DeSantis over the state’s ‘retaliation’ for the company’s stance on ‘Don’t Say Gay’ law, UK regulators have blocked Microsoft’s $75bn acquisition of Activision Blizzard, and the FT’s Harriet Agnew explains why conservative UK pension funds are leading start-ups to look for capital in different countries. Mentioned in this podcast:US growth set to have cooled in first quarter as Fed pushed rates higherWalt Disney sues Ron DeSantis over ‘retaliation’ for ‘Don’t Say Gay’ stanceActivision blasts UK as ‘closed for business’ after regulator blocks $75bn Microsoft dealBritain’s ‘capitalism without capital’: the pension funds that shun riskThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/27/2023 • 8 minutes, 49 seconds

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Sudanese refugees pour into Chad

Google’s advertising revenue in the first quarter of 2023 nearly matched numbers from a year ago, tens of thousands of Sudanese refugees have crossed into neighbouring Chad, and First Republic Bank saw its shares plummet nearly 50 per cent yesterday. Plus, General Motors is diversifying its EV battery production.Mentioned in this podcast:Google advertising bounces back with return to revenue growthSudan crisis threatens to bring fresh turmoil to neighbouring ChadSharp sell-off in First Republic shares causes alarm in WashingtonGM teams with Samsung on $3bn EV battery plant in the USThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/26/2023 • 9 minutes, 35 seconds

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UBS’s Credit Suisse challenge

US President Joe Biden is expected to announce on Tuesday that he’s running for re-election, UBS could lose customers as a result of its takeover of Credit Suisse, and the French luxury group LVMH became the first European company to hit a $500bn market value.Mentioned in this podcast:Biden prepares to take his case for a second term to American votersHunt admits UK business taxes are too high as government pressed on strategyCredit Suisse suffered $69bn in outflows during first-quarter crisisLVMH becomes first European company to hit $500bn market valueThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/25/2023 • 9 minutes

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America's dollar stores get a makeover

Santander is trying to poach some of Credit Suisse’s most senior investment bankers, UK prime minister Rishi Sunak looks to establish calm after deputy prime minister Domic Raab resigned last week, American dollar stores have to adjust for the age of inflation and UK therapist are pushing back on US mental health platform. Mentioned in this podcast:Santander moves to hire some of Credit Suisse’s top dealmakersDominic Raab resigns as UK deputy prime minister over bullying claimsAmerica’s dollar stores get a makeover for the age of inflationTherapists sound alarm on BetterHelp’s rapid UK expansionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/24/2023 • 11 minutes, 27 seconds

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Introducing Behind the Money: Night School

There’s been a lot of big finance and economics news in 2023. Whether it's stories about rising interest rates, tech industry layoffs or bank runs, it can almost feel like you need an MBA just to make sense of it all. That’s why the Financial Times is launching a bonus series called Behind the Money: Night School. Over the next five weeks, this show will help you understand the concepts behind the biggest economic stories of this year. U.S. managing editor Peter Spiegel chats with FT journalists as they unpack the basics around things like energy markets, inflation and the rise of artificial intelligence. This series is supported by Blinkist. If you want to find out more about conversations like this, check out the Blinkist app.Behind the Money: Night School is out now. Find it by subscribing to the Behind the Money podcast wherever you listen. Hosted on Acast. See acast.com/privacy for more information.

4/22/2023 • 17 minutes, 54 seconds

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Credit Suisse bondholders sue

Regional banks across the US have largely stopped the massive outflow of deposits after the collapse of Silicon Valley Bank, investors representing $4.5bn of wiped-out Credit Suisse bonds have filed a lawsuit against Switzerland’s banking regulator, and the FT’s Brooke Masters argues the US court battle over regulator approval of an abortion pill could have a chilling effect on the country’s pharmaceutical industry. Mentioned in this podcast:Stability after SVB’s collapse comes at a price for US regional banks Credit Suisse investors sue Swiss regulator over bond wipeoutThe abortion pill case is a disaster for innovation everywhereThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/21/2023 • 8 minutes, 28 seconds

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Ukraine pleads for air defence missiles

Natural gas consumption in the EU fell almost 18 per cent in the past eight months, Ukraine will plead for urgent shipments of surface-to-air missiles at a meeting of its western allies on Friday, and Germany looks ready to legalise recreational cannabis use. Mentioned in this podcast:EU gas usage falls 18% after price shock caused by Russian supply cutsMilitary briefing: Ukraine pleads for missiles as air defence stocks run lowGermany set to legalise personal use of cannabisThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/20/2023 • 8 minutes, 55 seconds

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The TikTok divide

Rupert Murdoch’s Fox has agreed to pay $787.5mn to settle a landmark defamation case, Bank of America emerged from banking turmoil with higher first-quarter profits, China’s latest GDP numbers show the economy is rebounding from one of its worst years in decades, and lawmakers and activists from across the political spectrum have come out against efforts in western countries to ban or curb TikTokMentioned in this podcast:Bank of America plans 4,000 job cuts despite strong resultsFive takeaways from China’s first-quarter GDP dataDissenting politicians join young activists to oppose TikTok bansFT Live Event: The UK’s 2024 ElectionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/19/2023 • 10 minutes, 34 seconds

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A power struggle in Sudan

Apple and Goldman Sachs launched a new savings account with an interest rate more than 10 times the national average, a Chinese genetics company said it would press ahead with US expansion as it tries to distance itself from its former parent company, and the FT’s David Pilling explains what’s at stake in the conflict in Sudan. Mentioned in this podcast:Apple and Goldman offer US savings account with 4.15% annual interest Chinese genetics company targets US despite political tensionsSudan conflict pitches military leaders into struggle for controlSega Sammy launches €706mn offer for Angry Birds maker RovioThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/18/2023 • 11 minutes, 4 seconds

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Turkey’s voters lose faith in Erdogan

Companies have committed more than $200bn to US manufacturing projects since Congress passed sweeping subsidies last year, one of Charles Schwab’s largest investors sold its entire $1.4bn stake in the brokerage giant during last month’s banking turmoil, Turkish voters head to the polls next month and are losing faith in President Recep Tayyip Erdoğan, and Poland and Hungary halt Ukraine grain imports to placate angry farmers amid a grain glut Mentioned in this podcast:Companies have committed more than $200bn to US manufacturing projects Top Charles Schwab investor sold entire stake amid banking turmoil‘They’ve screwed the economy’: Turkey’s heartland voters tire of ErdoğanPoland and Hungary defy Brussels to halt Ukraine grain importsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/17/2023 • 8 minutes, 56 seconds

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The quantum revolution: The way the world is

In the final episode of this Tech Tonic series, we hear how radical quantum ideas are reshaping our fundamental understanding of the universe. Nobel Prize winner Anton Zeilinger tells the FT’s Madhumita Murgia about the future of teleportation and the quantum internet; quantum computing pioneer David Deutsch makes the case for the theory that we live in a multiverse; and FT innovation editor John Thornhill speaks to physicist Carlo Rovelli about relational quantum mechanics.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will get a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/15/2023 • 23 minutes, 41 seconds

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Open AI’s ‘red team’

BP has started pumping crude through a new $9bn offshore platform as it slows its transition out of fossil fuels, global equities have recovered from the banking crisis but risks remain, and experts are sounding the alarm over the latest version of Open AI’s artificial intelligence chatbot ChatGPT.Mentioned in this podcast:BP commits to Gulf of Mexico as $9bn platform comes onlineOpenAI’s red team: the experts hired to ‘break’ ChatGPTThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/14/2023 • 10 minutes, 20 seconds

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Emerging markets debt crunch

Donald Trump is suing his former lawyer Michael Cohen, an uptick in core prices in the US is keeping pressure on the Federal Reserve to push ahead with another interest rate rise in May, and a study shows 91 of the poorest countries will spend an average of more than 16 per cent of their revenue on foreign debt repayments. Mentioned in this podcast:Donald Trump sues former lawyer Michael Cohen for $500mnInflation eased to the lowest level in nearly two years in March Poorest countries’ finances under pressure from higher rates The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.  Subscribe to Behind the MoneyRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/13/2023 • 9 minutes, 55 seconds

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EY: Breaking up is hard to do

EY has scrapped plans to break up its audit and consulting businesses, the IMF has warned the global economy could be in for a “hard landing”, and the European aviation industry estimates it will cost more than €800bn to reach its net zero goals. Mentioned in this podcast:EY scraps break-up plan after months of internal dissentIMF warns of ‘hard landing’ for global economy if inflation persistsEuropean airline industry warns of €‎800bn bill to reach net zeroThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/12/2023 • 9 minutes, 42 seconds

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Rise of the Russian informer

Companies on the S&P 500 index are expected to report a 6.8 per cent decline in first-quarter earnings, Eli Lilly’s CEO told the Financial Times that Europe may miss out on new drugs if it pushes ahead with legislation reducing the time period for market exclusivity, and Russians are in a new era of fear and distrust as President Vladimir Putin’s regime encourages citizens to inform on members of their community. Mentioned in this podcast:US companies face biggest decline in profits since Covid shutdownsEli Lilly warns that EU will miss out on key drugs under planned changes to rules‘Total distrust’: rise of the Russian informersBehind the Money: Night SchoolCredit: The Telegraph: Russians spit out 'scum and traitors' like flies, Putin warns WestCredit: Tupperware Brands 1961 Tupperware CommercialThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/11/2023 • 9 minutes, 59 seconds

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The rising influence of Mrs Assad

China’s financial sector is reeling from a series of new corruption probes and the FT’s Middle East correspondent, Raya Jalabi, explains how Syrian first lady Asma al-Assad gained so much power and influence. Mentioned in this podcast:China’s financial sector rocked by expansion of anti-corruption driveSyria’s state capture: the rising influence of Mrs AssadThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/10/2023 • 9 minutes, 31 seconds

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The quantum revolution: Brain waves

Quantum computers aren’t the only form of groundbreaking technology that use quantum physics. Madhumita Murgia hears from Dr. Margot Taylor, neuroscience researcher at The Hospital for Sick Children, who’s using quantum sensors to unpick the mystery of how autism first appears in the brain And we speak to Matthew Brookes, physics professor at Nottingham university in the UK, who helped build the quantum brain scanner she’s using. Plus, John Thornhill speaks to Stuart Woods from Quantum Exponential about the potential for quantum sensors to change our understanding of the world around us, and to Jack Hidary from Sandbox AQ about how sensors and communications networks might fit into a wider quantum technology ecosystem.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley. Special thanks to The Hospital for Sick ChildrenWe're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort earbuds. Hosted on Acast. See acast.com/privacy for more information.

4/8/2023 • 22 minutes, 13 seconds

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Ukraine’s plans for Crimea

Brands keep spending on TikTok despite a threat by the US to ban the social media app, KKR is looking to buy a large stake in FGS Global, and Ukraine says it’s “ready” to talk to Russia about the Crimean peninsula if Kyiv’s counteroffensive succeeds. Plus, the FT’s Anjli Raval examines whether boomerang chief executives actually work out for their companies. Mentioned in this podcast:Brands increase TikTok ad spending despite US ban threatUkraine ‘ready’ to talk to Russia on Crimea if counteroffensive succeedsKKR set to buy stake in communications group FGS GlobalBoomerang chief executives provide comfort in times of crisisThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Chris Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/6/2023 • 8 minutes, 51 seconds

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Trump pleads not guilty

Former US president Donald Trump pleaded not guilty to 34 felony charges in court on Tuesday, Credit Suisse held its last annual general meeting, and shareholders at HSBC rail over the company’s decision to buy Silicon Valley Bank’s UK business. Mentioned in this podcast:Donald Trump pleads not guilty to criminal charges in New YorkCredit Suisse chair apologises to investors at bank’s final AGMHSBC forced to defend SVB UK deal to fractious Hong Kong shareholdersCredit Bloomberg Televsion: Credit Suisse Chairman: This Is a Sad and Historic DayThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/5/2023 • 9 minutes, 9 seconds

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EU pressures China to help end war in Ukraine

The president of the European Commission has called on Beijing to play a “constructive” role in bringing peace to Ukraine, EY has been banned from taking on any new listed audit clients in Germany for two years, and the makers of popular plagiarism detection software are launching a tool that also detects if essays are created using artificial intelligence chatbots. Plus the FT’s Polina Ivanova talks about her colleague Evan Gershkowich who has been detained by Russia.  Mentioned in this podcast:EU leaders call on China to coax Russia to halt Ukraine warEY banned by German audit watchdog over Wirecard work Universities express doubt over tool to detect AI-powered plagiarismBlinken demands release of WSJ journalist in call with Russia’s LavrovThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/4/2023 • 10 minutes, 29 seconds

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The cases against Trump

Former President Donald Trump will turn himself in to New York prosecutors on Tuesday, Saudi Arabia and other members of the Opec+ group announced surprise production cuts of more than 1mn barrels a day, and China’s President is urging an increasingly assertive stance on the world stage and this year urged cadres at a key meeting in Beijing to “dare to fight.” Mentioned in this podcast:Oil price surges after Opec+ nations make surprise output cut‘Dare to fight’: Xi Jinping unveils China’s new world orderDonald Trump’s lawyers will move to dismiss charges against himDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/3/2023 • 10 minutes, 27 seconds

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The quantum revolution: First port of call

The Port of Los Angeles is one of the world’s busiest — and most inefficient. It’s now using an early quantum computing application to help solve its logistical bottlenecks. Has it made a difference? The FT’s John Thornhill investigates. We hear from truck drivers at the Port of Los Angeles; Matt Schrap, CEO of the Harbor Trucking Association; SavantX co-founder Ed Heinbockel, who helped bring quantum computing to the port; and Alan Baratz, president of D-Wave Systems. Plus, John and FT artificial intelligence editor Madhumita Murgia discuss what optimisation at the Port of Los Angeles tells us about the future of quantum technology.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley. Special thanks to the National Quantum Computing Center for their help on this episode.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/1/2023 • 25 minutes, 20 seconds

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Oleksandr Gryban: Investing in Ukraine’s future

Donald Trump has been indicted in what is the first criminal charges against a former US president in the country’s history, Ukraine’s deputy economy minister Oleksandr Gryban speaks to Marc Filippino about investing in Ukraine’s post-war economy, and the FT has published a video of its investigation into North Korean oil smuggling networks. Mentioned in this podcast:Donald Trump indicted on criminal charges in ManhattanInside North Korea’s oil smuggling: triads, ghost ships and underground banksUkraine clinches $15.6bn IMF loan North Korea and the triads: gangsters, ghost ships and spies | FT FilmDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/31/2023 • 10 minutes, 33 seconds

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Binance hid links to China

Social media giant Meta is deliberating a company-wide ban on political advertising in Europe, crypto exchange Binance hid substantial links to China, and UBS is bringing back Sergio Ermotti to lead the bank as it integrates Credit Suisse. Plus, the FT’s Eleanor Olcott explains why China’s ecommerce giant Alibaba is splitting into six business units.  Mentioned in this podcast:Meta bosses look at political ads ban in EuropeWhy UBS brought Sergio Ermotti back as chief executiveBinance hid extensive links to China for several yearsAlibaba bets on split to survive Chinese tech’s new battlefieldsBehind the Money podcast: Inside UBS’ takeover of Credit SuisseDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/30/2023 • 11 minutes, 3 seconds

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Beijing’s big bailouts

JP Morgan CEO Jamie Dimon will testify about his bank’s relationship with Jeffrey Epstein, the Middle East is enjoying an IPO boom, China has expanded its bailout lending as its Belt and Road Initiative falters, and former FTX CEO Sam Bankman-Fried has been charged with bribery. Mentioned in this podcast:JPMorgan’s Jamie Dimon to be deposed in Epstein lawsuits Middle East on ‘radar’ of global investors as it enjoys IPO boomChina grants bailouts as Belt and Road Initiative faltersUS charges Sam Bankman-Fried with bribing Chinese officialsDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/29/2023 • 9 minutes, 48 seconds

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Israel’s PM Netanyahu agrees to postpone judicial reforms

Israeli prime minister Benjamin Netanyahu has postponed a bitterly contested judicial overhaul, the first consignment of German Leopard 2 tanks has reached Ukraine, and shares of First Citizens Bank surged nearly 50 per cent on Monday morning following news it would buy much of the failed Silicon Valley Bank. Mentioned in this podcast:Netanyahu partner says reforms that have roiled Israel to be postponed German Leopard 2 tanks arrive in UkraineFirst Citizens to buy failed Silicon Valley BankReuters: Demonstrators hold dueling protests in IsraelDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/28/2023 • 10 minutes, 7 seconds

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Money market madness

Goldman Sachs, JPMorgan Chase and Fidelity are the biggest winners from investors pouring cash into US money market funds over the past two weeks, senior EU and UK officials have stepped up discussions on potential plans for closer defence and security co-operation, the London Metal Exchange has found bags full of stones at one of its warehouses instead of the nickel they were supposed to contain in the latest drama to hit the scandal-stricken metals market, and crypto companies are heading to Hong Kong to try and capture demand from Mainland China Mentioned in this podcast:Money market funds swell by over $286bn as investors pull deposits from banksTrafigura: the 10-day unravelling of an alleged $500mn fraudLME finds bags of stones instead of nickel in metal warehouseEU and UK ramp up talks on defence cooperation  Crypto groups expand in Hong Kong in bid to tap mainland China demandDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/27/2023 • 10 minutes, 7 seconds

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The quantum revolution: ‘Spooky action’

 In this episode, Tech Tonic dives into the science at the heart of quantum computing. How do technologists use unexplained subatomic phenomena to build powerful computers?FT artificial intelligence editor Madhumita Murgia tells the story of quantum physics with the help of Sean Carroll, a theoretical physicist at Johns Hopkins University and hears from University of New South Wales professor Michelle Simmons to understand how engineers exploit weird quantum physics.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds. Hosted on Acast. See acast.com/privacy for more information.

3/25/2023 • 25 minutes, 23 seconds

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A congressional TikTok smackdown

TikTok’s CEO faced bruising questioning in US Congress over the social media app’s links to its Chinese parent company ByteDance, short seller Hindenburg Research has accused payments group Block of artificially inflating its user numbers and facilitating fraudulent transactions, and the wipeout of $17bn of Credit Suisse bonds has sparked panic among rich Asian investors who had loaded up on the risky bank debt.Mentioned in this podcast:TikTok chief faces hostile Congress in bid to fight off US banHindenburg Research shorts Jack Dorsey’s payments group BlockAsia investors ‘gobsmacked’ by $17bn Credit Suisse bond wipeoutCrypto fugitive Do Kwon arrested in Montenegro, says interior ministerCredit: Cash App Music Video Compilation (Hindenburg Research)Download the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/24/2023 • 11 minutes, 25 seconds

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The Fed passes on a pause

The US Federal Reserve pressed ahead with its monetary tightening campaign despite the recent turmoil in the banking sector and the FT’s Andrew Jack explains why the FT updated the criteria for its MBA rankings. Plus, UK inflation was unexpectedly high last month. Mentioned in this podcast:Fed presses ahead with quarter-point rate rise despite banking turmoilFT business school rankingsGlobal MBA Ranking 2023: change at the topDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/23/2023 • 9 minutes, 39 seconds

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Banking crisis complicates interest rate decisions

The IMF has struck a deal with Ukraine to provide a $15.6bn loan, some former central bankers say pausing rate increases because of the banking sector turmoil would be a mistake, shares of First Republic Bank rallied after US Treasury secretary Janet Yellen said the government stood ready to provide further support for smaller lenders, and China's leader Xi Jinping has backed Russian president Vladimir Putin’s stance on his war in Ukraine but refrained from endorsing his statements about a planned gas pipeline. Mentioned in this podcast:Ukraine clinches $15.6bn IMF loanFormer officials split on what central banks should do next Janet Yellen says US prepared to give more support to banksXi Jinping backs Vladimir Putin on Ukraine but holds out on Russian gas pipelineDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/22/2023 • 10 minutes, 30 seconds

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Will a $3bn bailout be enough for Sri Lanka?

The IMF’s board has finally backed a $3bn bailout for Sri Lanka to help relieve a ‘catastrophic’ economic and social crisis, shares in First Republic Bank tumbled 47 per cent on Monday despite a $30bn rescue deposit last week, and Credit Suisse bondholders were in uproar after the rescue deal by rival UBS wiped out $17bn of the failed Swiss bank’s bonds.Mentioned in this podcast:IMF approves $3bn bailout for Sri Lanka Wall Street chief executives try to come up with new plan for First RepublicCredit Suisse bondholders in uproar over $17bn debt wipeoutCredit Suisse AT1s: investors go loco after Coco no-noDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/21/2023 • 10 minutes, 16 seconds

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UBS agrees to buy Credit Suisse

UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators, leading central banks have taken fresh measures to improve global access to dollar liquidity, and the Biden administration is under pressure to call for an expansion of the federal guarantee on bank deposits. Plus, the FT’s Andrew Edgecliffe-Johnson explains what lessons start-ups are taking away from the collapse of Silicon Valley Bank. Mentioned in this podcast:UBS agrees to buy Credit Suisse for more than $3bnWhite House pressed to expand deposit guarantee to steady banksCentral banks announce dollar liquidity measures to ease banking crisisStart-ups learn the hard way how to manage cash after SVB’s collapseSign up for the FT’s Due Diligence newsletter: https://www.ft.com/due-diligenceDownload the FT Edit app here: ft.com/fteditRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/20/2023 • 10 minutes, 3 seconds

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The quantum revolution: The race to build a quantum computer

Tech companies including Google, Microsoft and IBM are all working on plans for a commercially viable quantum computer. They say that these machines will be able to solve climate change, help develop new pharmaceutical drugs and transform our economy. But harnessing quantum physics requires overcoming massive challenges. As researchers tinker away on uber-sensitive, ultra-cold quantum computers and investors become increasingly interested in the potential commercial applications – some people in the quantum computing world aren’t buying the hype.In this episode of Tech Tonic, FT innovation editor John Thornhill travels to the West Coast to visit Julie Love and Krysta Svore, both of Microsoft’s quantum computing programme, and tours Google’s quantum computing lab with engineer Erik Lucero. We hear from Bessemer Venture Partners’ investor David Cowan, and FT artificial intelligence editor Madhumita Murgia talks to long-time quantum computing researcher Sankar Das Sarma.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/19/2023 • 20 minutes, 51 seconds

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Wall Street banks rescue First Republic

The largest US banks have banded together to deposit $30bn into First Republic Bank in an attempt to bolster its finances, the European Central Bank has raised interest rates by half a percentage point, Emmanuel Macron failed a critical parliamentary test and chose to override lawmakers to pass his unpopular plan to raise France’s retirement age, and the FT’s Stephen Morris explains why HSBC took a chance on Silicon Valley Bank UK. Mentioned in this podcast:Wall Street banks to deposit $30bn into First RepublicECB increases rates by 0.5 percentage pointsMacron to pass pension reform by decree as protests sweep FranceWhy HSBC swooped on SVB UKDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/17/2023 • 9 minutes, 45 seconds

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Swiss central bank backs Credit Suisse

The Swiss central bank said it would provide a liquidity backstop to Credit Suisse, UK chancellor Jeremy Hunt unveiled a Budget that includes a £4bn expansion of free childcare, and Volkswagen is increasing its investments in electric vehicles.Mentioned in this podcast:Swiss central bank offers Credit Suisse liquidity backstop after share plungeJeremy Hunt’s “Budget for growth” boosts UK childcare VW ramps up investments in electric car transition with €180bn injectionDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/16/2023 • 10 minutes, 23 seconds

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The Fed’s SVB balancing act

The world’s largest private investment firms are exploring the purchase of loans from the remains of Silicon Valley Bank, the Federal Reserve is caught between high inflation and financial instability, and US regulators are facing questions over whether they missed signs of mounting problems at SVB. Plus, Australia, the US and the UK announced details of a long-term plan to supply Australia with nuclear-powered submarines.Mentioned in this podcast:Buyout titans weigh purchases from Silicon Valley Bank loan bookUS consumer prices rise 6% at tricky time for Fed amid SVB falloutRegulators face questions over missed warning signs at Silicon Valley BankAukus defence pact’s political pay-off will be a jobs bonanzaSilicon Valley Bank Webinar: Register HereDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/15/2023 • 10 minutes, 27 seconds

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SVB jitters spread to global markets

The collapse of Silicon Valley bank rattled global markets, investors continue to worry about banks, US regional banks were hit hard by a sell-off, and venture capitalists are pointing fingers at each other for their role in the bank run on SVB that precipitated its demise. Mentioned in this podcast:California bank failure shakes global financial stocksUS and European bank stocks tumble as investors fret over SVB falloutFirst Republic and other US regional banks tumble over fears of deposit flightRecriminations fly as venture capitalists contemplate Silicon Valley Bank’s collapseBiden audio credit: C-SpanDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/14/2023 • 9 minutes, 45 seconds

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SVB’s cardinal sin

The Federal Deposit Insurance Corporation is leading an auction to find a potential buyer for Silicon Valley Bank after the US government said it would help depositors in its efforts to stop contagion across the banking sector. Plus, the boom in disposable vaping devices is not just adding to health concerns but leading to tonnes of electronic waste. Mentioned in this podcast:Silicon Valley Bank: the spectacular unravelling of the tech industry’s bankerUK government tried to find buyer for SVB unit UK chancellor prepares lifeline for UK companies hit by SVB collapseThe environmental cost of single-use vapes Download the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/13/2023 • 11 minutes, 29 seconds

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The quantum revolution: Q-Day

In the cybersecurity world they call it Q-Day, the day when a quantum computer will be built that can break the encryption of the internet.John Thornhill and Madhumita Murgia speak to cybersecurity expert and former professional hacker Mark Carney about password cracking, and why quantum computers would be so good at it.Renowned mathematician Peter Shor recounts how he became the first person to discover that quantum computers could upturn the encryption that underpins much of the internet. Jack Hidary, boss of the quantum technology company Sandbox AQ, tells us how quantum computers already pose a threat today, even if it’s decades before one powerful enough to threaten encryption will be built. And cryptographer Dan Bernstein explains why protecting ourselves from the quantum threat might just be down to better maths.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/11/2023 • 26 minutes, 4 seconds

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Silicon Valley Bank rattles Wall Street

A US bank index suffered the worst one-day fall in market value since June 2020, the first France-UK summit in five years will focus on resetting relations, Mexico’s currency hit a five-year high this week despite its struggling economy, and former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison for fraud.Mentioned in this podcast:Investors dump US bank shares amid fears over value of bond portfoliosMexico’s peso hits five-year high on interest rates and US benefitsFrance and UK aim to draw a line under post-Brexit tensionsFormer Goldman Sachs banker Roger Ng sentenced to 10 years for 1MDB fraudDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/10/2023 • 10 minutes, 16 seconds

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Britain’s stuck economy

EY employees were told that the plan to spin off the consulting business needs to be reworked, and Chinese president Xi Jinping is preparing to shore up financial stability at home while trying to keep up in an intense rivalry with the US over technology. Plus the FT’s Chris Giles explains just how bad a state the British economy is in.  Mentioned in this podcast:EY split paused amid partner infighting over fate of tax expertsWhat does Xi Jinping’s tighter regulatory grip on China mean for business?Cathie Wood’s flagship Ark fund tops $300mn in fees despite lossesThe UK economy has a London problem — but it’s not what you thinkDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/9/2023 • 10 minutes, 6 seconds

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How Hindenburg shorted Adani

Jay Powell warned US lawmakers that the Federal Reserve is prepared to return to bigger interest rate rises to fight inflation, and the US gender pay gap has barely budged in the past two decades. Plus, the FT’s Ortenca Aliaj explains how Hindenburg Research may have shorted Adani stocks.Mentioned in this podcast:How did Hindenburg short Adani stock?Jay Powell warns Fed is prepared to return to bigger interest rate risesWomen still struggling to close corporate America’s gender gapCredit: C-SPAN Federal Reserve Chair Testifies on Monetary Policy and the EconomyDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/8/2023 • 10 minutes, 42 seconds

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FTX trading arm sues Grayscale

FTX affiliate Alameda has sued crypto investment company Grayscale and its owner over the structure of their large bitcoin and ethereum trusts, Chinese companies are flocking to Switzerland to raise capital, and incoming Bank of Japan governor Kazuo Ueda has hinted that ‘yield curve control’ is unlikely to survive in its existing form once he takes the helm. Mentioned in this podcast:FTX’s trading affiliate Alameda sues Grayscale over crypto investmentsChinese companies choose Switzerland over US and UK to raise money overseasDitching bond yield cap will be tricky task for new Bank of Japan governorDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/7/2023 • 10 minutes, 25 seconds

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China’s military spending to outpace economic growth

Huawei is lobbying to build the Malaysian government’s 5G network, China will aim for an economic expansion of “around 5 per cent” for 2023, Israel has been gripped by a bitter battle between supporters and opponents of proposed judicial reforms, and US President Joe Biden will soon issue his first presidential veto. Mentioned in this podcast:Huawei fights for role in Malaysia’s 5G rolloutChina’s military budget outpaces economic growth in shift to securityXi Jinping set to overhaul China’s economic policy team at watershed congressThe angry divide in Israel over the rule of law and religionJoe Biden expected to issue first presidential veto in anti-ESG voteCredit: SCMP Clips: China targets to boost gross domestic product by ‘around 5%’ in 2023  Credit: Reuters: Police in Israel use stun grenades on judicial reform protestersDownload the FT Edit app here: ft.com/fteditRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/6/2023 • 10 minutes, 22 seconds

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Introducing Tech Tonic Season 6: The Quantum Revolution

Tech companies and labs around the world are building a revolutionary new computer. Quantum computers harness the mysteries of quantum physics to perform calculations that seem impossible. The people building them say they’re going to change the world.In a new season of Tech Tonic, FT tech journalists Madhumita Murgia and John Thornhill investigate the race to build a quantum computer, the impact they could have on security, innovation and business, and the confounding physics of the quantum world.Are we really on the brink of a quantum revolution? And what will a future powered by quantum computing look like?Check out stories and up-to-the-minute news from the Technology team at ft.com/technologyPresented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

3/3/2023 • 1 minute, 42 seconds

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London Stock Exchange gets the cold shoulder

The US will launch a renewed crackdown on countries that are helping the Kremlin evade western sanctions, the world’s largest building materials group plans to move its listing from London to New York, and the FT’s Delphine Strauss explains why higher wages could undermine central banks’ battle against inflation. Mentioned in this podcast:US to launch new crackdown on Russian sanctions bustingBuildings giant CRH plans to move listing from London to New YorkGlobal economy: will higher wages prolong inflation?Download the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/3/2023 • 9 minutes, 16 seconds

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Salesforce catches a break

Salesforce reported better than expected earnings on Wednesday amid a fight with activist investors, Bridgewater Associates is set to cut about eight per cent of its workforce, and Chinese factories are on a charm offensive.Mentioned in this podcast:Salesforce earnings provide some respite amid activist fightBridgewater to cut jobs and cap flagship fund in post-Dalio overhaulChinese factories launch charm offensive for buyers after Covid isolationDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/2/2023 • 8 minutes, 36 seconds

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Goldman’s big bet

Goldman Sachs is going all in on asset management, Nigeria’s opposition parties are calling for a rerun of the presidential election over the weekend, and a London mansion tied to the Saudi royal family is up for sale and expected to fetch a record price.Mentioned in this podcast:Goldman Sachs explores ‘strategic alternatives’ for consumer businessLondon’s most expensive ever house sale lined up after Saudi loan expires Credit: CNBC Goldman CEO says asset management is the new growth engine, will learn from bungled consumer effortTinubu leads disputed Nigerian vote as opposition calls for election rerunCredit TVC News Nigeria Bola Tinubu Commends Election ProcessDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/1/2023 • 10 minutes, 7 seconds

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A big step for Brexit

Shell’s top executives explored moving the company to the US, and Britain and the EU clinched a deal on Monday to settle their dispute over Northern Ireland trading rules. Plus, the FT’s Robert Armstrong explains why the dance between investors and central banks has gotten dull.Mentioned in this podcast:Shell explored quitting Europe and moving to the USUnhedged: 2022 never endedEU and UK strike Brexit deal on Northern IrelandCredit: The Telegraph Rishi Sunak and Von der Leyen announce Northern Ireland Protocol dealDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/28/2023 • 10 minutes, 6 seconds

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The future of the World Bank

Major US employers are reporting a dramatic improvement in hiring conditions despite official data, and the FT’s Aime Williams tells us what the World Bank might look like under the leadership of Ajay Banga. Plus, the FT’s Demetri Sevastopulo explains what the Chinese spy balloon saga means more broadly for the relationship between Beijing and Washington. Mentioned in this podcast:US companies say it is easier to hire despite low jobless rateAjay Banga, World Bank nominee must swap finance for climateBeyond the balloon: the US-China spy gameDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/27/2023 • 10 minutes, 8 seconds

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Ukrainian filmmaker Nadia Parfan on art and resistance

Nadia Parfan was travelling outside Ukraine when Russia invaded on February 24. Instead of remaining abroad, Parfan returned to her homeland, fearing isolation more than physical danger. She spoke with FT Weekend host Lilah Raptopoulos about a documentary she produced in partnership with the New Yorker, called “I Did Not Want to Make A War Film”. From a coffee shop in Kyiv, Parfan spoke to Lilah about making the film, life in Ukraine for civilians away from the front lines, and art as a form of resistance.Mentioned in this podcast:FT Weekend podcastDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/24/2023 • 20 minutes, 18 seconds

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Life in a war zone

It’s been a year since Russia’s full-scale invasion of Ukraine. Ukraine MP Lesia Vasylenko describes waking up in a war zone that day and she argues that Russian war crimes must not be allowed to go unpunished.Mentioned in this podcast:Defence industry shares soar on western backing for UkraineThe Rachman Review podcastDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/23/2023 • 9 minutes, 18 seconds

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The economics of Russia’s war in Ukraine

Investors are betting the European Central Bank will raise interest rates to all-time highs, and the FT’s Ben Hall explains the impact of the war in Ukraine on the country’s economy. Mentioned in this podcast:Investors ramp up bets on ECB lifting interest rates to all-time highBehind the Money PodcastFT Live: Putin’s war on Ukraine: One year onDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/22/2023 • 9 minutes, 11 seconds

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Russia’s ‘second front’

Consumer confidence in the eurozone is up, Moscow is buying influence in Africa on the cheap, and the FT’s Henry Foy explains how the war in Ukraine shattered illusions and shifted EU foreign policy. Mentioned in this podcast:European consumer confidence hits one-year high as energy crisis easesHow Moscow bought a new sphere of influence on the cheapHow Russia’s propaganda machine is reshaping the African narrative Download the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/21/2023 • 11 minutes, 8 seconds

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Biden in Poland for Ukraine war anniversary

US President Joe Biden travels to Poland to mark one year since Moscow invaded Ukraine, the FT’s Felicia Schwartz discusses US response to the war over the past year and the FT’s John Paul Rathbone describes how the war has progressed.Mentioned in this podcast:Poland calls for security guarantees for post-war UkraineUK defence secretary: Russia’s ‘big’ Ukraine offensive advancing in ‘metres not kilometres’Germany faces repeat of 2015 refugee crisis as 1mn Ukrainians seek safetyDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/20/2023 • 10 minutes, 46 seconds

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Nigeria’s ‘democracy generation’

YouTube chief executive Susan Wojcicki is stepping down, the Pentagon is reviewing its weapons stockpiles after seeing how quickly ammunition has been used up in the war in Ukraine, and young Nigerians are the largest voting bloc in the country’s upcoming presidential election. Plus, the FT’s Clive Cookson tells us what else flies in the ‘forgotten space’ where the Chinese spy balloon was discovered. Mentioned in this podcast:YouTube chief executive Susan Wojcicki to step downUkraine war pushes US to review arms stockpilesNigeria’s ‘democracy generation’ makes its voice heard as polling day loomsSpy balloons, sky clutter and UFOs: what flies in the ‘forgotten space’?Download the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/17/2023 • 10 minutes

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The SEC’s crypto crackdown

World Bank president David Malpass will step down from his post at the end of June, US authorities have begun the year looking to further crack down on crypto companies, and Nicola Sturgeon announced her resignation as Scotland’s first minister after a backlash over her strategy for securing independence. Mentioned in this podcast:World Bank president David Malpass to step down in JuneUS crackdown turns up the heat on crypto marketNicola Sturgeon quits as Scotland’s first ministerDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/16/2023 • 9 minutes, 30 seconds

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Dispatch from northwest Syria

US inflation declined in January though less than expected, Turkey’s president faces a backlash for an amnesty programme that forgave faults in millions of buildings, and humanitarian aid is finally reaching shell-shocked Syrians after last week’s earthquake. Mentioned in this podcast:Syrians left to fend for themselves as earthquake relief fails to materialiseErdoğan under fire as shoddy Turkish building standards exposed by earthquakeUS inflation cools slightly in JanuaryDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/15/2023 • 9 minutes, 40 seconds

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US regulators go after non-competes

Nigeria’s highest court slapped a temporary ban on the plan to replace the country’s largest currency notes, and US regulators may ban non-compete clauses that stop workers from jumping to a rival company for a certain amount of time after quitting. Mentioned in this podcast:Nigeria’s top court halts botched plan to replace currency notesUS companies mount resistance to proposed ban on non-compete clausesFT Live: Putin’s war on Ukraine: One year onLina Khan on CNBCDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/14/2023 • 9 minutes, 19 seconds

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Syrian refugees in Turkey face rising hostility

The earthquake in Turkey has worsened the plight of Syrian refugees who already face rising hostility, YouTube has rolled out a revenue sharing scheme to lure new content creators away from rival TikTok, and dark horse candidate Kazuo Ueda has upset expectations for the next Bank of Japan governor.Mentioned in this podcast:‘They hate us’: quake tests cohesion between Syrian refugees and Turkish hostsYouTube Shorts takes on TikTok in battle for younger usersDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/13/2023 • 9 minutes, 36 seconds

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Credit Suisse’s big slump

China has pulled back from an internet pipeline connecting Asia with Europe, activist investor Nelson Peltz has called off his fight against Disney, and Americans are expected to wager a record $16bn on Sunday’s Super Bowl. Plus, the FT’s Owen Walker talks about Credit Suisse’s worse-than-expected earnings report and the bank’s plan to save itself. Mentioned in this podcast:China pulls back from global subsea cable project amid US tensionsNelson Peltz calls off Disney proxy fightCredit Suisse slumps to biggest annual loss since financial crisisUS gamblers expected to bet record amounts on SuperbowlSound credit: CNBC: Activist investor Nelson Peltz declares Disney proxy fight is over after Iger unveils restructuringSound Credit: Ad Age's Super Bowl ArchiveDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/10/2023 • 9 minutes, 24 seconds

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Disney to axe 7,000 jobs

Disney plans to cut 7,000 jobs to reduce costs, the UK competition regulator said Microsoft’s acquisition of video game maker Activision Blizzard would harm competition for UK gamers, and the seventh-generation leader of a European banking dynasty is taking the family’s company private. Mentioned in this podcast:Disney to axe 7,000 jobs in $5.5bn cost-cutting planUK regulator deals blow to Microsoft’s $75bn Activision dealActivision Blizzard chief: UK would lose out if it blocks Microsoft deal‘You can’t be half pregnant’: Why Rothschild is calling time on the public marketDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/9/2023 • 10 minutes, 22 seconds

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Adani scrambles to reassure investors

Federal Reserve chair Jay Powell said on Tuesday that reducing inflation would take a “significant period of time”, Turkey declared a state of emergency in areas ravaged by the region’s worst earthquake in decades, and the FT’s John Reed explains how allegations of stock manipulation at Indian conglomerate Adani present a challenge to the country’s institutions. Mentioned in this podcast:Erdoğan declares state of emergency in Turkey after deadly earthquakeDesperate victims of Turkish earthquake victims cry, pray and wait for newsThe Adani affair: the fallout for Modi’s IndiaSound credit: BBC NewsnightDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/8/2023 • 8 minutes, 56 seconds

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The jig is up for the Texas two-step

The UK Treasury and Bank of England are designing a “digital pound”, Google revealed plans on Monday to launch a chatbot to rival OpenAI’s popular ChatGPT, more than 11,000 residents of Nigeria’s oil-producing Niger Delta have filed a claim for compensation against Shell, and a ruling by a US court will make companies think twice about using bankruptcy schemes such as the Texas two-step to handle lawsuits. Mentioned in this podcast:UK to design ‘digital pound’ that could fend off a future private tech rivalGoogle reveals plans for chatbot ‘Bard’ as AI tech race heats upTalc ruling a blow to the ‘Texas two-step’ bankruptcy jigShell hit with damages claim by 11,000 Nigerians in UK High CourtBehind the Money episode about the Texas Two-StepThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/7/2023 • 8 minutes, 46 seconds

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Unhedged’s Rob Armstrong on a puzzling US economy

The US donor network led by billionaire industrialist Charles Koch has signalled it will oppose Donald Trump’s bid to secure the 2024 Republican presidential nomination, and European banks launch earnings season with healthy profits. Plus, the FT’s Robert Armstrong says the latest US jobs report is another piece in the US economic puzzle. Mentioned in this podcast:Billionaire Koch’s donor network says it opposes Trump’s re-electionUBS profits rise after Credit Suisse client defectionsDeutsche Bank delays buyback decision as annual profits hit 15-year highNo signs of US slowdown in surprisingly robust jobs marketCapture: who's looking after the children? | FT FilmUnhedged newsletterDownload the FT Edit app here: ft.com/fteditThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/6/2023 • 9 minutes, 11 seconds

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Markets’ dove-coloured glasses

Big Tech companies reported earnings lacklustre yesterday, equities markets ended Thursday higher despite central banks tightening monetary policy, and US job growth is expected to have slowed for the sixth consecutive month. Mentioned in this podcast:Apple’s revenue growth streak snapped after supply chain woesMeta shares soar on resilient revenue and share buybacksECB raises rates by 0.5 percentage points as Lagarde commits to ‘stay the course’Bank of England raises interest rates by 0.5 percentage points to 4%FT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/3/2023 • 10 minutes, 20 seconds

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Federal Reserve slows pace of rate rises

The US Federal Reserve increased its benchmark interest rate by a quarter of a percentage point on Wednesday, Adani Enterprises called off its $2.4bn equity fundraising, and banks that lost billions from the Archegos Capital Management meltdown will get back as little as 5 cents on the dollar. Plus, the FT’s Cristina Criddle looks at a new social media app launched by the founders of Instagram. Mentioned in this podcast:Federal Reserve shifts to quarter-point rate rise but warns of more to comeAdani Enterprises calls off $2.4bn share saleBanks to recoup as little as 5 cents on the dollar in Archegos restructuringInstagram founders launch Artifact to rival Twitter and tackle misinformationFT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/2/2023 • 9 minutes, 58 seconds

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Do meme 'stonks' still stink?

Hundreds of thousands of UK public sector workers set to walk out on Wednesday in co-ordinated action, the EU is set to unveil a draft plan today that loosens the rules around clean energy subsidies. Plus, the FT’s US markets editor Jennifer Hughes looked at how meme-stock companies are performing after raising capital during the pandemic meme stock frenzy.Mentioned in this podcast:EU plans to relax curbs on tax credits in response to ‘toxic’ US subsidiesMeme-stock groups have raised $5bn in 2 years since trading frenzyFT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/1/2023 • 9 minutes, 48 seconds

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Renault and Nissan reach a deal to save alliance

The International Monetary Fund says that global economic growth has proven “surprisingly resilient” in its latest forecast, Renault and Nissan reached a deal to save their 24-year-old alliance and sources tell FT that the Biden administration has stopped providing US companies with licences to export to Huawei. Plus, South Africa’s unreliable power supply has slowed economic growth. Mentioned in this podcast:IMF raises growth forecasts as gas prices fall and China reopensWashington halts licences for US companies to export to HuaweiRenault and Nissan hammer out historic deal to salvage allianceSouth African businesses turn to diesel and solar panels as Eskom crisis deepensEU to relax curbs on tax credits in response to US green subsidiesFT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/31/2023 • 11 minutes, 4 seconds

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Nelson Peltz versus Disney

India’s Adani Group has published an angry rebuttal of allegations of wrongdoing by short seller Hindenburg Research that wiped more than $50bn from its value last week, central banks prepare to lift interest rates to 15-year highs as investors’ jitters grow, and Walt Disney is bracing for a proxy battle with activist investor Nelson Peltz’s push for a board seat. Mentioned in this podcast:Adani rebuttal of short seller critique claims ‘calculated attack on India’Central banks prepare to lift interest rates to 15-year highs as investors’ jitters grow Peltz fixates on $71bn Fox deal in fight against Disney and IgerCNBC: Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisitionThe fight for Disney FT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/30/2023 • 9 minutes, 48 seconds

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Nigeria’s $11bn court challenge

UK chancellor Jeremy Hunt will on Friday take on rightwing Tory MPs by rejecting calls for big tax cuts in his Budget, Brazil and Argentina’s leftwing leaders push ahead with common currency plan despite questions over unequal benefits, and Nigeria has begun a high-stakes attempt at London’s High Court to overturn an $11bn arbitration award.Mentioned in this podcast:Jeremy Hunt to defy rightwing Tory MPs by rejecting calls for Budget tax cutsEconomists question South American currency plan Nigeria begins UK court bid to overturn $11bn arbitration awardFT Weekend podcast FT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/27/2023 • 10 minutes, 9 seconds

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Tesla sees a bumpy road ahead

Tesla reported record revenues last quarter, the Bank of Canada signalled it would pause interest rate rises, and trillions of dollars each day are gushing into a US Federal Reserve facility designed to mop up excess cash in the financial system. Mentioned in this podcast:Tesla aims to build 1.8mn cars this year but warns of challengesUS economic growth set to have slowed in fourth quarter of 2022Investors pump trillions of dollars a day into ultra-safe Fed facilityBank of Canada signals likely pause in tightening after latest interest rate riseCentral banks should sacrifice ambitions of a perfect economic landing FT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/26/2023 • 10 minutes, 30 seconds

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Microsoft cloud business holds up

Growth in Microsoft’s cloud computing business slowed further in the latest quarter but still did better than the software company and many analysts had predicted, the Qatar Investment Authority has doubled its stake in Credit Suisse, and Chris Hipkins has been sworn in as New Zealand’s next prime minister, replacing Jacinda Ardern.   Mentioned in this podcast: Qatar Investment Authority doubles stake in Credit Suisse‘Mr Fixit’ replaces Jacinda Ardern as New Zealand’s prime ministerFT podcast surveyBehind the MoneyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/25/2023 • 8 minutes, 44 seconds

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Germany’s tank dilemma

Bonds issued by China’s highly indebted real estate developers have rebounded sharply over the past two months, the EU is on the brink of effectively severing ties with its biggest external diesel supplier, and pressure is mounting on Germany to send its highly prized Leopard tanks to Ukraine. Mentioned in this podcast:China property bonds rebound on support measures from BeijingOil market braces for fresh turmoil as EU prepares to cut off Russian dieselWhy are Ukraine’s allies arguing about tanks?‘Free the leopards!’: Tank row heightens Germany’s isolation over UkraineFT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/24/2023 • 8 minutes, 20 seconds

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A Latin American common currency?

Brazil and Argentina will this week announce that they are starting preparatory work on a common currency, advisers to western banks trying to exit Russia say a law introduced by Vladimir Putin is disrupting sales and allowing deals to be hijacked, and Elon Musk faces tough choices to meet financial obligations of his Twitter takeover financed by $13bn in debt. Mentioned in this podcast:Brazil and Argentina to start preparations for a common currencyWestern banks struggle to exit Russia after Putin intervention Looming Twitter interest payment leaves Musk with unpalatable optionsFT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/23/2023 • 10 minutes, 29 seconds

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Netflix's CEO steps down

Reed Hastings is stepping down as chief executive of Netflix, central bankers are making it clear to investors that they’re going to keep raising interest rates, companies are trying to find solutions to global supply chain kinks, and the FT’s Yuan Yang explains the power of collectively remembering pandemic lockdowns in China. Mentioned in this podcast:Netflix co-founder Reed Hastings to step down as chief executiveCentral bankers pledge to ‘stay the course’ on high interest ratesCompanies race to work around choke points in world tradeChina’s collective memories of the pandemic deserve to be preservedFT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/20/2023 • 9 minutes, 26 seconds

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US expected to hit debt ceiling

The US is set to hit the debt ceiling today and Microsoft plans to cut 10,000 jobs to bring down costs. Plus, the FT’s Katie Martin reports from Davos on the tense relations between the US and Europe over America’s new expensive green subsidies law.Mentioned in this podcast:EU makes green pitch to rival US subsidy splurgeMicrosoft to cut 10,000 jobs in push to bring down costsThe US hits the debt ceiling today. What happens next?FT podcast surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/19/2023 • 10 minutes, 52 seconds

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Beijing’s new tech control strategy

Goldman Sachs’ profits plunged by two-thirds last quarter while Morgan Stanley reported a 40 per cent year-on-year drop in net income, and companies are facing a record number of shareholder proposals about abortion policies. Plus, Beijing is changing tack in its efforts to secure a firmer grip on the country’s technology companies. Mentioned in this podcast:Morgan Stanley retains edge over Goldman due to booming wealth unitChina moves to take ‘golden shares’ in Alibaba and Tencent unitsChina tech stocks stage $700bn recovery rallyShareholders bring US abortion battle to the boardroomThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/18/2023 • 10 minutes, 31 seconds

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Berlin beats back Big Tech

US Treasury secretary Janet Yellen will meet her Chinese counterpart Liu He in Zurich this week, a former Russian paramilitary soldier has promised to give evidence against the notorious Wagner group after making a dramatic escape to Norway, and scientists have unveiled a laser beam to deflect lightning strikes. Plus, as EU regulators slowly roll out their own Big Tech regulation enforcement, Berlin is already holding gatekeepers to account. Mentioned in this podcast:Yellen to meet Chinese finance minister in Zurich this weekWagner fighter seeks asylum after dramatic escape to NorwayHow Germany became Europe’s leading Big Tech trust busterScientists unveil laser beam to deflect lightning strikesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/17/2023 • 8 minutes, 47 seconds

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The FT heads to Davos

Demand for ‘buy now, pay later’ deals has surged among all age groups in the UK, US regulators are cracking down on a type of investment vehicle used by private equity groups, and we’ll chat with the FT’s chief foreign affairs commentator Gideon Rachman as he heads to Davos.Mentioned in this podcast:US regulators crackdown on ‘collateralised fund obligations’Geopolitics threatens to destroy the world Davos madeBuy now, pay later demand soars among all age groups in the UKSpecial subscription offer: ft.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/16/2023 • 8 minutes, 44 seconds

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Pakistan’s debt crisis

Annual US inflation fell in December to its lowest level in more than a year, and Sweden’s state-owned mining company LKAB has said it has discovered Europe’s largest deposit of rare earth metals. Plus, the FT’s Jonathan Wheatley and Farhan Bokhari discuss Pakistan’s financial crisis. Mentioned in this podcast:US inflation falls to lowest level in more than a yearPakistan secures more than $9bn of pledges for post-flood recoverySweden discovers biggest rare earths deposit in EUAccess 50% off a digital subscription FT.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/13/2023 • 9 minutes, 23 seconds

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Moscow’s military reshuffle

Brussels is stockpiling drugs and obliging manufacturers to guarantee supplies, and Russian forces are stepping up attacks on the Ukrainian town of Soledar. Plus, the FT’s Peggy Hollinger explains why Virgin Orbit's failed satellite launch is such a big deal for Europe. Mentioned in this podcast:Virgin Orbit scrambles to establish why first UK satellite launch failedRussian forces may have scored rare success in battle near BakhmutMilitary briefing: Ukraine’s hopes lift as western allies assess tank coalitionWar in Ukraine costs Moscow more than its record energy revenuesAccess 50% off a digital subscription FT.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/12/2023 • 9 minutes, 11 seconds

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Toyota’s EV struggle

UK staffers fired by Twitter claim their dismissals were conducted unlawfully, BioNTech has agreed to buy UK artificial intelligence start-up InstaDeep, and Toyota is confronting an “unprecedented” challenge to revive its electric vehicle sales. Plus, the FT’s Tom Wilson chats about the challenges facing Shell’s new chief executive, Wael Sawan.Mentioned in this podcast:Twitter hit with legal challenge from former UK staffToyota leasing unit warns of ‘unprecedented’ challenge to boost EV salesBioNTech buys UK AI start-up InstaDeep in £562mn dealWael Sawan, the Shell lifer taking helm to navigate energy transitionVirgin Orbit shares sink after rocket ‘anomaly’Access 50 per cent off of a digital subscription FT.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/11/2023 • 9 minutes, 30 seconds

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White House under pressure to expel Bolsonaro

The White House is facing calls from the US Congress to expel former Brazilian president Jair Bolsonaro after Sunday’s insurrection, France is set to present a draft law that will raise the country’s retirement age. Plus, the FT’s Sun Yu explains why China is restricting certain domestic companies from going public. Mentioned in this podcast:White House under pressure to expel Jair Bolsonaro after Brazil protestsBeijing blocks listings of ‘red light’ companies to steer funding to strategic sectors‘We must work longer’: Macron prepares for fight over French pensions reformAccess 50 per cent off of a digital subscription FT.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/10/2023 • 9 minutes, 19 seconds

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Bolsonaro supporters storm Brazil’s capital

Thousands of supporters of Brazil’s former rightwing president Jair Bolsonaro stormed the country’s capital, and America’s biggest banks are set to report another quarter of bumper profits. Plus, the FT’s Middle East editor Andrew England explains how Gulf nations’ sovereign wealth funds plan to invest the cash they’ve reaped from the recent boom in oil prices. Mentioned in this podcast:Supporters of Bolsonaro invade Brazil’s CongressThe new Gulf sovereign wealth fund boomThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/9/2023 • 10 minutes, 44 seconds

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Crypto bank’s ‘crisis of confidence’

The pace of US jobs growth is set to have slowed further in December, and clients pulled $8.1bn in deposits from crypto-focused US bank Silvergate late last year. Plus, the FT’s Pilita Clark comments on the slow death of the company phone number. Mentioned in this podcast:Pace of US jobs growth set to have slowed again in DecemberSilvergate shares tumble as crypto bank reveals $8.1bn fall in depositsThe strange death of the company phone numberThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/6/2023 • 10 minutes, 7 seconds

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Falling inflation in Europe

IMF deputy managing director says the Federal Reserve shouldn’t declare victory against inflation just yet, inflation in Europe is falling, and the World Health Organization has accused China of undercounting Covid deaths. Mentioned in this podcast:Fed wants ‘more evidence’ of easing inflation and backs fresh rate risesUS inflation has not ‘turned the corner yet’, top IMF official warnsFalling French inflation sparks hope of end to Europe’s price surgeChina has under-represented its number of Covid deaths, says WHOChinese celebrities’ Covid deaths subvert propaganda push to minimise outbreakLondon’s post-lockdown recovery in offices and hotels trailed European rivals  The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/5/2023 • 8 minutes, 25 seconds

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Apple and Tesla start 2023 on the wrong foot

Downing Street says Britons could struggle to access healthcare this winter, Tesla and Apple shares both fell because of production issues in China, and retail investors are pouring into risky commodities markets. Mentioned in this podcast:Downing Street admits Britons will struggle to access the NHSTesla shares slide after deliveries fall short of Wall St expectationsApple’s market value falls below $2tn as tech rout hits iPhone makerCommodities trading boom raises fear of big losses among retail investorsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/4/2023 • 9 minutes, 12 seconds

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How did 2% become the magic inflation target?

Economists say the UK will face one of the worst recessions and weakest recoveries in the G7 in the coming year, and The Netherlands may be the first country to hit the limits of growth. Plus, the FT’s Colby Smith explains how the Federal Reserve and other central banks settled on a 2 per cent inflation rate target. Mentioned in this podcast:UK faces worst and longest recession in G7, say economistsThe Netherlands may be the first country to hit the limits of growthOpinion: It is time to revisit the 2% inflation targetFT editorial board: Inflation targeting and the 2 per cent goalThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/3/2023 • 9 minutes, 32 seconds

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Bankman-Fried’s $250mn bail

FTX founder Sam Bankman-Fried’s bail is set at $250mn, Wall Street stocks slide after a round of upbeat economic data was released, and the FT’s Andrew Edgecliffe-Johnson reflects on the year in corporate news. Mentioned in this podcast:FTX founder Sam Bankman-Fried to be released on $250mn bond Big investors warm to bonds after historic 2022 sell-off boosts yieldsUS stocks sink after strong data support further monetary tighteningThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/23/2022 • 10 minutes, 30 seconds

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UK childcare in crisis

Big Tech groups are ditching offices that are part of their European headquarters to cut costs and Tesla has fallen below ExxonMobil in stock market value for the first time since 2020. Plus, the FT’s Claer Barrett explains how British families are coping with the sky-high cost of childcare. Mentioned in this podcast:US tech giants ditch European officesMoney Clinic Podcast: Childcare in crisisTesla share slide sends valuation below ExxonMobilThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/22/2022 • 9 minutes, 49 seconds

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Bank of Japan stuns markets

The Bank of Japan stunned markets with an unexpected change to its controversial yield curve control policy, and a group of FTX customers will try to secure quicker repayment for people who have money trapped with the defunct exchange. Plus, we take a look back at the biggest energy story of 2022. Mentioned in this podcast:Bank of Japan stuns markets with yield control policy changeFTX clients to vie for priority payouts in US bankruptcy caseThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/21/2022 • 9 minutes, 36 seconds

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Wirecard on trial

US regulators settled a record breaking case against the maker of video game Fortnite, a former Wirecard executive told a Munich court that the collapsed German payments company was a “sloppily done fraud”, and a boom in mainland Chinese family offices setting up in Singapore is drawing in thousands of financial professionals.Mentioned in this podcast:Epic Games pays FTC $520mn to resolve ‘Fortnite’ claimsWirecard was ‘sloppily done fraud’, chief witness tells Munich courtBooming Chinese family offices recruit top bankers in SingaporeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/20/2022 • 9 minutes, 9 seconds

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India ramps up lending to counter China

EU member states have reached a deal on the world’s first major carbon border tax, New Delhi has stepped up spending on infrastructure in neighbouring countries, the world’s largest investment banks for the first time will earn more dealmaking fees in India this year than in China, a new generation of artificial tasks is able to do more jobs that previously only humans could do.Mentioned in this podcast:Brussels agrees to world’s first carbon taxIndia’s plan to take on China as south Asia’s favourite lenderInvestors seek to profit from groundbreaking generative AI start-upsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/19/2022 • 9 minutes, 34 seconds

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Britain’s nurses launch historic strike

Global stocks tumbled after a broad group of central banks raised interest rates, and nurses in England, Wales and Northern Ireland went on strike. Plus, Argentina’s World Cup success is temporarily distracting Argentinians from economic and political turmoil. Mentioned in this podcast:US and European stocks tumble as global outlook soursMinisters reject nurses’ pay demand amid historic strikeWorld Cup: Lionel Messi mania diverts Argentina from its economic problemsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/16/2022 • 8 minutes, 55 seconds

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Fed enters a new phase

The Federal Reserve slowed the pace of its interest rate increases, western sanctions are causing a steady degradation, rather than a dramatic collapse, of Russia’s economy, and billionaire Ray Dalio is teaming up with Titanic director James Cameron to invest in a luxury submarine maker. Mentioned in this podcast:Fed implements half-point rate rise as central banks enter new phaseRussia’s wartime economy: learning to live without importsBridgewater’s Ray Dalio invests in submarines for the ultra-richThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/15/2022 • 8 minutes, 47 seconds

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Former FTX chief charged with fraud

US inflation slowed for the second month in a row, the US has formally charged former FTX chief executive, Sam Bankman-Fried, with criminal conspiracy and fraud, and US scientists have made a breakthrough in a powerful clean energy technology.Mentioned in this podcast:US accuses Sam Bankman-Fried of conspiracy and fraud after FTX collapseUS shares and bonds surge as inflation hits lowest level since December 2021How US scientists moved one step closer to dream of fusion powerThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/14/2022 • 9 minutes, 12 seconds

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Sam Bankman-Fried arrested in Bahamas

Sam Bankman-Fried, the former chief executive of bankrupt crypto exchange FTX has been arrested in the Bahamas, Goldman Sachs is considering cutting hundreds of jobs, Belgian police raided a European parliamentary office in a widening corruption scandal involving World Cup host Qatar, and Germany’s reliance on Russian gas has exposed a weakness that could derail the country’s economic success. Mentioned in this podcast:FTX founder Sam Bankman-Fried arrested in the BahamasGoldman considers hundreds of job cuts at consumer businessFresh raids as Qatar corruption scandal rocks BrusselsGermany confronts a broken business modelThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/13/2022 • 10 minutes, 58 seconds

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Spyware maker NSO hopes for a comeback

Environmental group Greenpeace has started legal proceedings against the UK government to try and block new North Sea oil and gas exploration licences, European oil companies are attracting US investors who view them as cheap compared to American energy stocks, and Pegasus spyware maker NSO Group is betting that victory by Benjamin Netanyahu will restore its fortunes.Mentioned in this podcast:UK oil and gas licensing faces legal challenge from environment groupsUS fund managers cross Atlantic to buy European oil stocksIsrael’s NSO bets its future on Netanyahu’s comebackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/12/2022 • 9 minutes, 8 seconds

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FTC hits pause button on video game deal

The US Federal Trade Commission says it will sue to block Microsoft’s $75bn acquisition of video game maker Activision Blizzard, and KLM’s chief executive has encouraged passengers to take the train rather than fly on some short-haul journeys. Plus, the FT’s John Paul Rathbone unpacks a military milestone in the Ukraine war. Mentioned in this podcast:FTC sues to block Microsoft’s $75bn acquisition of Activision BlizzardKLM chief encourages passengers to take the train to cut emissionsMilitary briefing: Ukraine drone strikes show Russia it has ‘no safe zones’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/9/2022 • 10 minutes, 29 seconds

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Political turmoil in Peru

The US bond market is signalling that investors expect the Federal Reserve to stay the course in its battle to tame inflation, Peru’s congress impeached the country’s president just after he announced he was dissolving the legislature, and German police made arrests related to an alleged rightwing plot to overthrow the government. Plus, US supply chain disruptions have eased, which is helping to bring down inflation. Mentioned in this podcast:Bond market signals bets Fed will stand firm in battle against inflationPeru’s president dissolves congress ahead of planned impeachment voteGerman police uncover alleged rightwing plot to overthrow governmentUS straightens out supply chains after months of inflationary snarlsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/8/2022 • 10 minutes, 25 seconds

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China’s next stage of the pandemic

US stocks slid and the price of Brent crude touched its lowest level since January, and China’s elderly are causing challenges for president Xi Jinping. Plus, the FT’s Alexandra Heal explains that more women in the UK are turning to sex work due to the struggling economy. Mentioned in this podcast:Brent crude oil falls below $80 for first time since JanuaryChina’s elderly vaccine refuseniks pose obstacle for Xi JinpingThe women turning to sex work to make ends meetThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/7/2022 • 9 minutes, 24 seconds

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Could the 4-day work week…work?

US stocks fell after new data showed the US services sector grew last month, PwC plans to take advantage of uncertainty at EY by poaching some of its rival’s most senior executives, and China is catching up to Europe in EV battery production. Plus, the FT’s Working It podcast host, Isabel Berwick, talks about a multi-part series on the four-day work week. Mentioned in this podcast:US stocks stumble after hotter than expected services dataPwC targets rival EY in bid to expand partnershipWorking It podcast series: Four days work for five days pay Read: The 4-day week: does it actually work?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Note: This episode incorrectly identifies Bank Benitez as the current chief executive of the company of Uncharted. He is the former chief executive. Read a transcript of this episode on FT.com  Hosted on Acast. See acast.com/privacy for more information.

12/6/2022 • 10 minutes, 7 seconds

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The struggle is real for investors in the high-rate era

EU and US officials meet today to discuss the effect Washington’s green subsidies plan is having on Europe and Opec is standing pat as the cartel awaits a price cap on Russian oil to go into effect. Plus, the FT’s Katie Martin explains how fund managers are struggling in the new era of higher interest rates. Mentioned in this podcast:Von der Leyen promises EU help for companies lured by US green subsidiesOpec+ says ready to adjust oil output as Russia embargo loomsA year of pain: investors struggle in a new era of higher ratesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/5/2022 • 10 minutes, 51 seconds

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The corporate backlash against net zero

Brussels is pushing EU member states to agree to a $60 ceiling on global purchases of Russian oil and emerging market stocks and bonds are staging a strong rebound. Plus, a push by the UN to tighten corporate rules around net-zero pledges is sending shudders through some boardrooms, and the world’s largest active volcano, Hawaii’s Mauna Loa, erupted this week after lying dormant for nearly 40 years.   Mentioned in this podcast:Brussels seeks deal on $60 global price cap for Russian oilEmerging market stocks and bonds stage powerful rebound rallyGet ready for a net zero business backlashBoon for scientists as world’s biggest active volcano roars back to lifeUSGS: Mauna Loa eruption The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/2/2022 • 10 minutes, 50 seconds

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Fed hints at less aggressive rate increase

Federal Reserve chair Jay Powell signalled the central bank will start to slow the pace of interest rate increases, French president Emanuel Emmanuel Macron is meeting with US president Joe Biden today, and Eurozone inflation finally slowed down. Plus, we get the latest on the fallout from the FTX crypto collapse. Mentioned in this podcast:Jay Powell signals Fed will slow pace of rate rises next monthEmmanuel Macron to use US visit to highlight Ukraine war’s economic toll on EUEurozone inflation falls more than expected to 10%Crypto lender BlockFi files for Chapter 11 bankruptcyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

12/1/2022 • 9 minutes, 15 seconds

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Private equity’s mystery boxes

China is enlisting the help of tech giants to reduce its dependence on foreign semiconductor technology, the Federal Reserve is divided over how much to raise interest rates, and private equity firms are selling an investment product similar to the collateralised debt obligations that fuelled the 2008 financial crisis. Mentioned in this podcast:Fed officials in danger of splitting on future rate rises, warn economistsChina enlists Alibaba and Tencent in fight against US chip sanctions Collateralised fund obligations: how private equity securitised itselfAlibaba founder Jack Ma living in Tokyo since China’s tech crackdownThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/30/2022 • 10 minutes, 8 seconds

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Why are China’s nationwide protests happening now?

Europe is importing a record amount of seaborne Russian gas, and Rolls-Royce has successfully tested hydrogen instead of conventional jet fuel to power a modern aircraft engine. Plus, the FT’s Europe-China correspondent, Yuan Yang, explains why the protests in China are supported by a rare nationwide coalition of interests. Mentioned in this podcast:Europe’s imports of Russian seaborne gas jump to record highRolls-Royce tests hydrogen-fuelled aircraft engine in aviation world firstChina’s zero-Covid protests create a rare nationwide coalition of interestsNews Clips: APThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/29/2022 • 10 minutes, 4 seconds

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China rocked by protests against ‘zero-Covid’ policies

Zero-Covid protests in Shanghai escalated on Sunday evening as police struggled to disperse large crowds who gathered in the city, and Iranian protests continue but businesses are reluctant to join. Plus, the FT’s Brussels bureau chief, Sam Fleming, discusses the EU’s latest refugee crisis. Mentioned in this podcast:China rocked by protests as zero-Covid anger spreadsChina’s zero-Covid protests create a rare nationwide coalition of interestsThe system is overwhelmed: Europe’s migrant influx‘Little readiness for general strikes’: Iranians put jobs before pro-democracy protestsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/28/2022 • 10 minutes, 17 seconds

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Martin Wolf: The geopolitical threat to globalisation

The FT’s chief economics commentator, Martin Wolf, discusses why geopolitics could be the biggest threat to globalisation. Mentioned in this podcast:Geopolitics is the biggest threat to globalisationThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/24/2022 • 10 minutes, 11 seconds

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Qatar’s bet on the World Cup

Mortgage rates in the UK on five-year fixed deals have dipped below 6 per cent for the first time in nearly two months, and US retailers are facing their first real-terms fall in revenues since the global financial crisis this holiday season. Plus, the FT’s gulf correspondent, Simeon Kerr, explains why there’s so much pressure on Qatar as the country hosts the World Cup. Mentioned in this podcast:Mortgage rates on five-year fixes tip below 6 per cent US retailers face first real-terms fall in sales since financial crisisVideo: Qatar's World Cup legacyFIFA: Saleh Al-Shehri scores for Saudi Arabia vs Argentina! The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/23/2022 • 9 minutes, 28 seconds

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Bob Iger's back at Disney. But who comes next?

Austria’s central bank chief is calling for a third-straight 0.75 percentage point interest rate rise at the European Central Bank’s next meeting, Disney executives ousted Bob Chapek as CEO and re-installed Bob Iger, and oil prices had a hectic day yesterday but remain well below their summer peak. Plus, the UK’s appetite for bacon is back. Mentioned in this podcast:ECB’s Holzmann backs 0.75 percentage point increase in DecemberOil bounces off 10-month low after Saudi Arabia denies report on Opec supply boostDisney executives staged putsch against ousted CEO Bob ChapekDanish Crown to build £100mn UK plant as bacon demand reboundsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/22/2022 • 10 minutes, 52 seconds

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Cracks in the US Treasury bond market

A report finds that large asset managers are invested in companies allegedly linked to the repression of Uyghur Muslims, and Lebanese households and businesses are installing renewables to bypass the country’s power crisis. Plus, the FT’s Kate Duguid explains why we’re starting to see cracks in the US Treasury bond market and whether there is cause for concern. Mentioned in this podcast:MSCI investors at risk of exposure to Xinjiang allegations, report saysLebanon’s failing state forces unplanned shift to solar powerThe cracks in the US Treasury bond marketThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/21/2022 • 10 minutes, 42 seconds

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The UK chancellor’s new plan

The world’s largest cryptocurrency fund has become embroiled in the turmoil swirling around the troubled sector, Jeremy Hunt announces a £55bn fiscal squeeze as UK economic outlook darkens, and negotiators at the COP27 UN climate conference in Egypt burned the midnight oil to eke out an agreement before the conference closes today.Mentioned in this podcast:World’s largest crypto fund swept into FTX stormCOP27 enters frenetic final stretchCOP27: The loss and damage debate is intensifyingJeremy Hunt unveils £55bn fiscal squeeze as UK economic outlook darkensBad Blood © 2015 Apollo A-1 LLCThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s globa l head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/18/2022 • 9 minutes, 1 second

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Crypto broker Genesis halts withdrawals

UK chancellor Jeremy Hunt is set to unveil a massive package of tax rises and spending cuts, crypto broker Genesis Trading suspended withdrawals, and Iraq is reeling from a massive corruption scandal. Mentioned in this podcast:Crypto broker Genesis Trading halts withdrawals at lending unitHunt prepares bid to repair Britain’s tarnished economic reputationIraq reels from $2.5bn tax ‘heist of the century’  FT Crossword appThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/17/2022 • 9 minutes, 36 seconds

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Twitter’s ‘collision course’ with EU

A landmark tech regulation law goes into effect in Europe, Russia targeted Ukraine’s power infrastructure in an air raid, and the Japanese Yen is rebounding from 32-year lows. Mentioned in this podcast:Yen rebounds from 32-year lows on hopes for slower Fed rate risesElon Musk’s Twitter on ‘collision course’ with EU regulatorsMilitary briefing: what’s next after KhersonThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/16/2022 • 8 minutes, 13 seconds

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Amazon set for big job cuts

Amazon is planning to cut about 10,000 jobs, Google got hit with its biggest US privacy penalty, and Beijing has a plan for China’s troubled property sector.Mentioned in this podcast:Amazon prepares for mass job cuts in latest sign of Big Tech belt-tighteningGoogle hit with its biggest US privacy penalty in $391.mn settlementChinese property stocks soar on hopes of turning point for sectorThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/15/2022 • 10 minutes, 4 seconds

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Apple’s bargain with Beijing

Digital asset exchanges are rushing to reassure clients that their funds are safe as the FTX collapse ricochets through the industry, a top Federal Reserve official says the US central bank is entering a new phase of policy tightening that will be harder to navigate, and Apple’s reliance on China leaves the business vulnerable to supply chain shocks.Mentioned in this podcast:Crypto exchanges race to soothe clients’ nerves after FTX collapseFed faces tough task deciding when to stop raising rates, official warnsApple’s bargain with BeijingThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/14/2022 • 10 minutes, 45 seconds

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FT Weekend has moved!

Wondering where FT Weekend has gone? We've stopped publishing on the FT News Briefing feed! To subscribe to our own feed wherever you listen, click here: https://link.chtbl.com/ftweekend. Hosted on Acast. See acast.com/privacy for more information.

11/12/2022 • 50 seconds

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FTX founder’s mega mea culpa

US stocks roared ahead on Thursday in their strongest day in more than two and a half years, and FTX's founder apologizes for the cryptoexchange's collapse. Plus, how a breakaway firm from PwC is testing western sanctions against Russia. Mentioned in this podcast:US stocks surge on lower than expected inflation dataSam Bankman-Fried apologises for FTX crisisAccountants in Cyprus break from PwC to retain Russia-linked clientsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/11/2022 • 9 minutes, 46 seconds

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US midterm elections: what we know so far

Binance backs out of its deal with FTX, Joe Biden and the Democrats avoided sweeping defeats but still risked losing control of Congress to the Republicans, and the FT’s Rob Armstrong explains why a potentially divided Congress could hurt investors. Mentioned in this podcast:Republican blame game begins: ‘We want a genuine conservative’Unhedged: Divided government, diminished profitsBinance ditches deal to rescue rival crypto exchange FTXThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/10/2022 • 9 minutes, 29 seconds

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Binance set to buy FTX

Americans voted in crucial midterm elections yesterday, cryptocurrency exchange Binance agreed to buy rival FTX, and TikTok has slashed its worldwide revenue targets for 2022 by at least $2bn.Mentioned in this podcast:Midterm elections 2022: what Republicans may do with a House majorityBinance rescues crypto rival FTXTikTok slashes revenue targets by at least $2bnTikTok overhauls US business following advertising slumpSwamp Notes: Memo to Dems: sanctimony won’t save the republicUzbekistan lobbies EU to lift sanctions on oligarchThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/9/2022 • 9 minutes, 39 seconds

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COP27: South Africa’s tricky shift from coal

UK prime minister Rishi Sunak says Britain and France are in the ‘final stage’ of reaching a deal over migrant crossings, and cyber experts are worried about misinformation on Twitter during the US midterms elections. Plus, the FT’s David Pilling explains why, despite $8.5bn, South Africa is having a hard time moving away from coal.   Mentioned in this podcast:UK and France in ‘final stage’ of reaching deal over Channel crossings, says SunakCyber experts warn of Twitter misinformation risk on eve of US electionSouth Africa warns $8.5bn climate package risks fuelling debt burdenThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/8/2022 • 8 minutes, 52 seconds

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TSMC's chip challenge

The European Central Bank has clashed with UniCredit over the Italian lender’s plans to return cash to shareholders and its failure to leave Russia, the world’s leading semiconductor producer, TSMC, is battling to stay ahead as world demands ever-smaller chips, the US Supreme Court’s decision to toss out constitutional abortion protections takes employer involvement in women’s health up another notch. Mentioned in this podcast:ECB and UniCredit clash over capital plans and Russia presenceTSMC battles to stay ahead as world demands ever-smaller chips Corporate abortion policies further complicate choices for female staffThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/7/2022 • 10 minutes, 57 seconds

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Climate tech to save the planet: Out of thin air

Direct air carbon capture - taking carbon dioxide straight out of the air around us - sounds like science fiction. In this episode of Tech Tonic Pilita Clark visits Iceland to meet the engineers and scientists at the forefront of this new tech. Can carbon capture scale up quick enough to have an impact on climate change, or is it just an excuse to allow fossil fuel companies and emitters to keep polluting?Check out stories and up-to-the-minute news from the Technology team at ft.com/technologyTech Tonic is presented by Pilita Clark. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/6/2022 • 24 minutes, 57 seconds

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FTNB Special: your crash course to the US midterm elections

In this special episode of the FT News Briefing, listen to our four-part series on the US midterm elections. We go around the country to learn about some of the key issues on voters' minds, from inflation to election denialism. Think of it as your crash course for the election on November 8. Mentioned in this podcast:How abortion rights are upending the US midterm elections‘The headwinds are pretty strong’: Democrats’ midterms hopes falterDemocrats fear loss in Nevada as Hispanic voters turn to RepublicansHow Arizona became ground zero for election deniersThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/5/2022 • 28 minutes, 45 seconds

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Coming soon: Will climate tech save the planet?

The climate crisis threatens the future of the planet. But don’t worry, technology will save us. At least that’s the message from startups, innovators and investors. Are they right? In a new season of Tech Tonic FT columnist and climate journalist Pilita Clark discovers the tech scene’s latest moonshot efforts to fight climate change, from sucking carbon straight out of the air to the apparent energy miracle of nuclear fusion. Will these technologies be ready in time, or are they a dangerous waste of money and resource at this most critical moment for our planet?Check out stories and up-to-the-minute news from the Technology team at ft.com/technology Tech Tonic is Presented by Pilita Clark. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

11/4/2022 • 1 minute, 31 seconds

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Germany falls out of love with China

The US labour market appears to be cooling, the Bank of England raised interest rates by 75 basis points, the biggest increase in 30 years, and Russia has rejoined a deal to allow grain exports from Ukraine through the Black Sea. Plus, the FT’s Yuan Yang explains why Germany is reconsidering its dependence on trade with China. Mentioned in this podcast:Tech groups cut jobs and pause hiring amid ‘leaner times’Bank of England raises interest rates by 0.75 percentage pointsGermany struggles with its dependency on ChinaRussia agrees to rejoin Ukraine grain exports dealSubscribe to the FT Weekend podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/4/2022 • 10 minutes, 26 seconds

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US midterms countdown: election deniers want your vote

The Federal Reserve raised interest rates by 75 basis points for the fourth time in a row and warned rates would ultimately have to rise to a higher level than previously expected. Plus, today in our US midterm elections series, we will look at “election denial” candidates who’ve campaigned on the assertion that the 2020 election results are illegitimate. Mentioned in this podcast:Fed signals slower for longer approach to future rate risesHow Arizona became ground zero for election deniersThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/3/2022 • 10 minutes, 1 second

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Elon Musk’s juggling act

The Federal Reserve is set to raise interest rates by 0.75 points for the fourth time in a row, and Pfizer raised its sales forecast for its Covid-19 vaccine by $2bn to $34bn on Tuesday. Plus, FT journalists examine whether Elon Musk will be able to run Twitter effectively in addition to several other companies. Mentioned in this podcast:Elon Musk has taken on two seriously difficult problems with TwitterTwitter Space recording: What can we expect from Twitter under Elon Musk?Pfizer lifts revenue outlook as Covid jab price rise boosts salesFed set to raise rates by 0.75 points for fourth time in a rowDemand for US workers rebounds despite Fed’s efforts to cool economyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/2/2022 • 8 minutes, 51 seconds

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Lula’s comeback, Bolsonaro’s silence

Joe Biden calls on US Congress to tax oil companies until they pump more oil, and Renault and Nissan close in on a deal to reshape their partnership. Plus, the FT’s Latin America editor, Michael Stott, discusses the presidential election in Brazil. Mentioned in this podcast:Biden to float tax penalties on oil companies reaping record profitsLula keeps investors guessing on his economic vision for BrazilRenault and Nissan close in on a deal to save longtime alliance The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

11/1/2022 • 10 minutes, 4 seconds

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Lula makes a comeback, Russia ends Ukraine grain deal

Moscow’s decision to suspend the Black Sea agreement will lead to fresh spike in prices, experts warn, Wall St bankers are under pressure to offer heavy discounts on debt issued to Elon Musk to fund his acquisition of Twitter, European and US banks are offering higher interest rates to lure cash deposits, and thousands of Chinese workers have fled the world’s largest iPhone factory because of a coronavirus outbreak and intolerable lockdown measures.Mentioned in this podcast:Lula wins Brazil presidential election in historic comebackWestern countries slam Russia’s decision to exit Black Sea grain dealMusk becomes media baron with Twitter deal amid Big Tech sell-offBanks are discovering that holding cash can be lucrative againTwitter Space: What can we expect from Twitter under Elon Musk?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/31/2022 • 10 minutes, 5 seconds

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FT Weekend: The Woman King, with producer Cathy Schulman

This is the last week you’ll hear FT Weekend on this feed! To subscribe to our own feed wherever you listen, click here: https://link.chtbl.com/ftweekend-------This week, we talk about the Hollywood blockbuster The Woman King, starring Viola Davis. It's an epic that features a group of women warriors fighting for the kingdom of Dahomey—and it's got a lot of Oscar buzz. Lilah goes behind the scenes with Academy-Award winning producer Cathy Schulman to discuss what it took to get it made. Then, we look into what happened to plant-based meat. A few years ago, it was all over the news—but the hype died down. Has it been absorbed into our diets, or was it just a fad?-------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– The Woman King is available to watch in cinemas now across the UK and US.– Cathy's handbook on advancing gender parity in Hollywood: https://bit.ly/3NgKWeA – The FT’s review of The Woman King: https://on.ft.com/3DdbKI6– A profile of director Gina Prince-Bythewood by FT film critic Danny Leigh: https://on.ft.com/3DlUArE– Emiko’s piece on how inflation will affect plant-based meat: https://on.ft.com/3sGJNDI – Emiko’s Big Read on whether the appetite for plant-based meat has peaked: https://on.ft.com/3U4cKVN -------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast-------If you want to try FT Edit (8 stories a day, hand-picked by senior editors), it’s available in the iOS app store here: https://apps.apple.com/gb/app/ft-edit/id1574510369-------Clips courtesy of Sony and Burger King.Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/29/2022 • 29 minutes, 21 seconds

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FT investigates KPMG Saudi Arabia

Big tech companies lost nearly $1tn in valuation this week, Credit Suisse announced a radical restructuring plan, and expats at KPMG’s Saudi Arabia office are blowing the whistle on working conditions there. Mentioned in this podcast:Brutal week for Big Tech with $1tn wiped off valuationsAmazon shares plummet after dismal sales forecast‘Radical surgery’: Will Credit Suisse’s gamble pay off?The plight of expat workers at KPMG Saudi ArabiaSubscribe to the FT Weekend podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/28/2022 • 10 minutes, 50 seconds

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US midterms countdown: the GOP courts Hispanic voters

The International Energy Agency says the world’s fossil fuel consumption will peak at the end of this decade, and US GDP is expected to have increased in the third quarter. Plus, the FT News Briefing’s Sonja Hutson takes us to Pennsylvania, one of the many places where Republicans are making a play for Hispanic voters. Mentioned in this podcast:US GDP expected to have rebounded in the third quarterIEA forecasts fossil fuel demand will peak this decadeDemocrats fear loss in Nevada as Hispanic voters turn to RepublicansFT Podcast listener survey The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/27/2022 • 10 minutes, 16 seconds

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Google earnings fall on lower ad sales

Alphabet reported an unexpectedly severe slowdown in its core search ads business, and the European Central Bank is going to start talks on shrinking its balance sheet. Plus, the FT’s Stefania Palma explains which US Supreme Court cases could have a major impact on businesses. Mentioned in this podcast:Alphabet shares knocked by sluggish revenue growthSolid cloud demand helps Microsoft offset PC market weaknessECB to start talks on shrinking balance sheet amid bond market turmoilFT Live event: Xi after the People’s Congress The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/26/2022 • 9 minutes, 15 seconds

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Rishi Sunak takes the reins

Chinese technology stocks sold off sharply after president Xi Jinping secured a third term as party leader. Plus, the FT’s chief features writer, Henry Mance, talks about former chancellor, and now prime minister, Rishi Sunak.Mentioned in this podcast:Rishi Sunak to become UK prime ministerChinese tech stocks tumble in US trading as Xi bolsters political powerDownload the FT Edit app The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/25/2022 • 8 minutes, 32 seconds

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Boris Johnson drops out

More FTSE-listed companies have issued profit warnings this quarter than at any time since 2008, and jet shortages are hitting airlines hard. Plus, the FT’s Eri Suguira explains why Toyota is struggling to produce fully electric vehicles. Mentioned in this podcast:Boris Johnson pulls out of Tory leadership raceToyota was a hybrid pioneer with the Prius but struggles to leap to electricAirlines hit by jet shortages in new challenge for aviationProfit warnings soar as UK companies struggle with costsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/24/2022 • 10 minutes, 30 seconds

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FT Weekend: Jane Austen, forever. Plus: trans inclusion in sports

To subscribe to FT Weekend wherever you listen, click here: https://link.chtbl.com/ftweekend-------Two hundred years after Jane Austen’s novels were published, adaptations are still going strong. This summer saw the release of Fire Island, a gay adaptation of Pride and Prejudice, and the Netflix original, Persuasion. Brooke Masters, our US investment and industries editor and a lifelong Jane Austen fan, and University of Maine literature professor Caroline Bicks, join Lilah to talk about the novelist’s enduring appeal. Then, the Boston Marathon has a new non-binary gender category. This is one of three approaches to trans inclusion that elite sports have taken so far. Lilah invites US sports business correspondent Sara Germano on to discuss.-------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– To subscribe to FT Weekend on its own feed in Apple podcasts click here: https://podcasts.apple.com/gb/podcast/ft-weekend/id1179847741– Brooke is on Twitter @brookeamasters. Sara is on Twitter @germanotes – The FT’s review of Fire Island: https://on.ft.com/3gtH11R and Netflix’s Persuasion: https://on.ft.com/3MTbB0X – A recent FT Magazine piece by Sara: ‘What next for Brittney Griner – and for women’s sport?’ https://on.ft.com/3eUMbDG– To stay up to date on the business of sports, you may like the FT newsletter Scoreboard: https://www.ft.com/scoreboard-------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast-------Clips courtesy of Paramount, SearchLight Pictures, Sony Pictures, Miramax and Universal.  -------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/22/2022 • 31 minutes, 13 seconds

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Truss is gone. Who will lead the UK?

Liz Truss resigned as UK prime minister on Thursday. We’ll look at the political fallout, impact on economic policy, and what it means for ordinary Brits. Mentioned in this podcast:Succession battle begins after Liz Truss quits as UK prime ministerHunt still has a fiscal hole to fill, but Britain’s fabric is frayingSubscribe to the FT Weekend podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/21/2022 • 11 minutes, 26 seconds

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US midterms countdown: Republicans bank on inflation

UK lawmakers plan to introduce legislation making rail strikes harder, private sector attendance at China’s Communist party congress has fallen by almost 50 per cent since Xi Jinping assumed power, and Republicans are banking on the inflation issue to win them control of the US Congress during this year’s midterm elections.  Mentioned in this podcast:Corporate China shut out of Xi Jinping’s party congressUK government to curb unions’ ability to strike on transport network‘The headwinds are pretty strong’: Democrats’ midterms hopes falterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/20/2022 • 11 minutes, 29 seconds

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Private equity giant CVC bets on going public

Netflix stemmed its subscriber losses in the third quarter and Russia is using Iranian drones in its war against Ukraine. Plus, Europe’s top private equity firm, CVC Capital Partners, is preparing to go public and the move has implications for the whole sector.Mentioned in this podcast:Netflix shares jump as it gains 2.4mn new subscribersCVC’s biggest bet yet: the fiercely private buyout firm set to go publicMilitary briefing: Russia rolls out Iranian drones to ‘terrorise’ UkraineThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/19/2022 • 9 minutes, 32 seconds

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Disney vs France

Strong US bank earnings reports pumped up Wall Street stocks and new UK chancellor Jeremy Hunt scrapped the bulk of his party’s controversial proposed tax cuts. Plus, Disney agreed to release ‘Black Panther: Wakanda Forever’ in French cinemas next month but warned that its biggest movies may go straight to streaming in 2023. Mentioned in this podcast:Wall Street stocks rally as traders turn to corporate earningsJeremy Hunt scraps tax cuts and slashes energy package in bid to calm marketsDisney warns France that future blockbusters may bypass cinemasSubscribe to the FT Weekend podcast hereTell the FT News Briefing: How are you handling the UK’s cost of living crisis?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/18/2022 • 9 minutes, 5 seconds

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Xi Jinping opens China’s Communist party congress

China’s leader Xi Jinping is set to begin his third-consecutive five-year term, and the UK’s Jeremy Hunt starts his first full week as the country’s latest chancellor of the Exchequer. Plus, the US Federal Reserve’s aggressive interest rate hikes are boosting US banks’ bottom lines. Mentioned in this podcast:US banks gain from Fed rate hikes while keeping deposit interest lowXi Jinping heralds ‘critical time’ in history as he prepares for third term in powerCan anything save Liz Truss?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/17/2022 • 9 minutes, 52 seconds

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FT Weekend: Artist Shirin Neshat on the women-led protests in Iran

This week we speak with Shirin Neshat, one of the most famous contemporary artists from Iran, about the protests in her home country. Shirin’s work focuses on the lives and struggles of Iranian women. The protests have been raging for a month, which, as Shirin says, makes them the longest-running demonstrations since the 1979 Islamic revolution. We talk about what they mean, why this time they’re different, and her art, some of which has been recently projected on buildings in London and Los Angeles. Then, we hear about a new trend in drug research. Scientists can now grow entire human mini-organs in labs. Could that lead to a world without animal testing? The FT’s Clive Cookson and Hannah Kuchler join us to discuss.-------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Shirin Neshat is on Instagram at @shirin__neshat– Shirin’s video installation Turbulent, 1998: https://www.youtube.com/watch?v=VCAssCuOGls– Some photos of Shirin’s Women of Allah series: https://www.matronsandmistresses.com/articles/2021/4/29/shirin-neshat – Baraye, by Shervin Hajipour https://www.youtube.com/watch?v=TPyHuCZzsVA – An interview with Shirin in the FT from September 2021: https://on.ft.com/3zVaVk8– How science is getting closer to a world without animal testing, by Clive, Hannah and Joe Miller: https://on.ft.com/3SPlFuA– Hannah is on Twitter @hannahkuchler, and Clive is on Twitter @clivecookson– Subscribe to the FT Weekend podcast.-------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/15/2022 • 28 minutes, 43 seconds

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Truss’s possible U-turn on tax cuts

Investors shrugged off another high US inflation report and Liz Truss could be about to rip up her ‘mini’ Budget. New US export controls force global semiconductor equipment makers to suspend sales and services to Chinese chip companies. Mentioned in this podcast:US consumer prices rise sharply despite Federal Reserve rate increasesUS stocks shrug off early declines following hot inflation reportLiz Truss in crisis talks on new tax cut U-turnWorld’s top chip equipment suppliers halt business with ChinaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/14/2022 • 9 minutes, 16 seconds

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US midterms countdown: abortion on the ballot

Emerging economies have seized price discounts to buy cheaper Russian oil, and the FT News Briefing election series will take listeners around the US to hear what’s on voters’ and candidates’ minds as they head into elections this November that will determine which party controls Congress.Mentioned in this podcast:How abortion rights are upending the US midterm electionsCrisis hit Sri Lanka snaps up cheap Russian oil The Rachman Review podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/13/2022 • 10 minutes, 21 seconds

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The UK’s gilt trip continues

Volodymyr Zelenskyy called on G7 countries to speed up supplies of air defence systems after another day of Russian missile attacks, and the biggest US banks will signal worries about the economy in third-quarter earnings reports and analysts expect them to set aside more than $4bn to cover potential losses from bad loans.Mentioned in this podcast:US banks to set aside $4bn for potential losses from bad loansBank of England warns of ‘fire sale’ risk as it widens government bond purchasesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/12/2022 • 9 minutes, 14 seconds

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US property industry braces for downturn

Britain’s largest global law firms are struggling to attract and retain staff in the US after the sterling’s drop in value, and the European Commission’s vice-president warned the Federal Reserve’s interest rate rises could lead to a global recession. Plus, the FT’s Taylor Nicole Rogers reports that higher mortgage rates are weighing on the US property industry.Mentioned in this podcast:Sterling slump threatens US expansion plans of 'magic circle' law firmsFed-led dash for higher rates risks ‘world recession’, warns EU’s top diplomatUS property sector braces for job cuts as rate rises crush home salesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/11/2022 • 9 minutes, 44 seconds

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Iranian song fuels anti-regime protests

The US and Germany are leading calls to overhaul the World Bank to better address climate change, ships carrying Ukrainian grain are stuck in a Black Sea backlog, and protesters in Iran are moved by a viral song that was inspired by their social media posts. Plus, the FT’s Rana Foroohar tells us about American farmers’ efforts to survive in a post-globalisation world. Mentioned in this podcast:Reinventing farming and food post-globalisationBacklog of ships strains Ukraine-Russia Black Sea export dealUS and Germany lead calls for climate action at World Bank meetingsIranian celebrities fan the flames of anti-regime protestsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/10/2022 • 10 minutes, 11 seconds

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FT Weekend: HBO’s 'Industry', and Esther Perel

This weekend, we discuss Industry on HBO with chief features writer Henry Mance. The show is part of a trend: like Succession and Euphoria, it depicts a pretty harsh version of the world we live in. So why do we keep getting sucked in? Then you'll hear a conversation between star psychologist Esther Perel and FT contributing editor Lucy Kellaway from the FT Weekend Festival. They discuss how remote work might change us, whether TikTok is teaching kids to be anxious, and more. Listen wherever you get your podcasts, or at ft.com/ftweekendpodcast.-------Here’s the link to leave us a message for our listener callout: https://sayhi.chat/6gci2What’s a topic people would find boring, but you think we could make interesting on the podcast? Challenge us!-------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– The entire Esther Perel and Lucy Kellaway conversation is here: https://youtu.be/BjdvwbJyyxo– Henry on Industry Season 1: Has TV finally captured the reality of the City in BBC series Industry? https://on.ft.com/3yn8MPu – Henry writing about being on Industry: https://on.ft.com/3ypgl8n – Lucy Kellaway writes about her conversation with Esther: https://on.ft.com/3ynuGlM  – Esther’s podcasts are called Where Should We Begin? And How’s Work?– Henry is on Twitter @henrymance. Lucy is on Twitter @lucykellaway. Esther is on Instagram and Twitter @estherperelofficial and @estherperel-------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial, can be found here: http://ft.com/weekendpodcast-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/8/2022 • 30 minutes, 17 seconds

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China keeps peeling off Taiwan’s allies

The pace of US job growth is expected to have cooled in September, Ukrainian forces are continuing their counteroffensive in the southern part of their country, and China keeps trying to pick off Taiwan’s allies.  Mentioned in this podcast:US jobs growth expected to have cooled in AugustRussian troops retreat from front lines in southern UkraineRussia’s invasion of Ukraine in maps — latest updatesParaguay calls for Taiwan to invest $1bn to remain alliesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/7/2022 • 9 minutes, 34 seconds

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US lashes out at Opec+’s oil cuts

Opec+ is cutting oil output to prop up prices, the FT and Nikkei ranked the most popular US cities among foreign businesses, and this week’s Rachman Review podcast focuses on the massive protests in Iran.Mentioned in this podcast:Opec+ agrees to cut output by 2mn barrels a dayMiami tops FT-Nikkei ranking of best US cities for foreign businessesRachman Review podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/6/2022 • 10 minutes, 17 seconds

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Elon Musk offers to follow through on Twitter deal

Elon Musk is offering to follow through on his deal to buy Twitter, Russians are fleeing the country after Putin announced a conscription army, and the FT’s Ed White explains why China is having trouble transitioning to a new growth model. Mentioned in this podcast:Elon Musk proposes buying Twitter for originally agreed $44bnDesperate Russians fleeing Putin’s war draft stream into KazakhstanChina after the property boom: can it rebuild the growth model?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/5/2022 • 9 minutes, 36 seconds

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The UK tax cut and pound U-turn

The UK government reversed course on a tax cut, Brazil’s president Jair Bolsonaro defied expectations in the first round of election voting, and Credit Suisse is trying to reassure investors that rumours about its financial health are overblown. Plus, the FT’s James Kynge tells us how China’s property market crash is hurting local governments. Mentioned in this podcast:Pound and gilts gain after Truss changes course on 45p tax rate cutJair Bolsonaro’s ‘beef, bible and bullets’ coalition is here to stayBrazil braced for tense presidential runoff between Lula and BolsonaroCredit Suisse CDS hit record high as shares tumbleHow big is the capital hole at Credit Suisse?China’s property crash: ‘a slow-motion financial crisis’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/4/2022 • 10 minutes, 49 seconds

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The race to reinvent the space station

Opec+ is planning to cut oil production, and Tories are in Birmingham for their annual party conference while demonstrations against the cost of living crisis spread across the UK. Plus the FT’s Peggy Hollinger tells us what the US space agency Nasa is planning to do once the International Space Station is decommissioned. Mentioned in this podcast:Kwarteng prepares to defend tax cuts as Tory rebellion mountsLiz Truss admit mistakes but sticks to controversial tax cuts plan The race to reinvent the space station Lula frontrunner as Brazil votes in bitter presidential electionThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/3/2022 • 8 minutes, 56 seconds

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FT Weekend: Jamaica Kincaid and Enuma Okoro on writing

Writer Jamaica Kincaid is one of the best known writers on race and colonialism in the US. Her writing is biting and fearless, and she’s been a keen observer of her native Antigua and the US since publishing her first essay in 1973. This week she joins Lilah together with the FT’s Enuma Okoro in a recording made at the recent FT Weekend Festival in London. Then we share some conversations we had in person with listeners during the festival.-------Here’s the link to leave us a message for our listener callout: https://sayhi.chat/6gci2We’re challenging you to challenge us with a topic that most people would think is boring, and that you want us to make interesting on the podcast!—---- Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Full recording of the conversation with Jamaica and Enuma: https://www.youtube.com/watch?v=LOB10hGIhwM&t=2s-Jamaica’s classic book A Small Place about Antigua: https://tinyurl.com/mshm32ha-A great recent essay by Jamaica Kincaid on gardening: https://www.newyorker.com/magazine/2020/09/07/the-disturbances-of-the-garden-Enuma’s essay on pleasure: https://tinyurl.com/59eda3vm-And another on how our spaces shape us: https://tinyurl.com/ycxt2uv4 -------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

10/1/2022 • 27 minutes, 29 seconds

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The next phase of Putin’s invasion

Russia plans to annex four regions of Ukraine today, turmoil in UK markets is spilling over on to global bond markets, and Germany announced a €200bn aid package to lower energy prices. Mentioned in this podcast:Russia to annex four Ukrainian regionsGlobal stocks and bond prices fall after gains in previous sessionGermany deploys ‘economic clout’ with €200bn energy aid packageThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/30/2022 • 10 minutes, 12 seconds

FT News Briefing - Winamp (446)

Brazil's high-stakes election

The UK's tax cutting plan is a political liability, the EU announced another round of Russian sanctions, and Brazil is days away from a monumental presidential election. Mentioned in this podcast:Tory MPs question Kwasi Kwarteng’s future as market turmoil continuesBrazil’s election and the search for an economic revivalJair Bolsonaro’s supporters reject bad news from Brazil election polls‘It cannot be the madness that it is today’: what’s next for Petrobras?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/29/2022 • 9 minutes, 39 seconds

FT News Briefing - Winamp (447)

The global backlash to UK tax cuts

The IMF is criticising the UK’s tax cut plan, the US is pressing EU countries to speed up and increase the financial support for Ukraine, and the head of crypto lender Celsius Network resigned on Tuesday. Plus, officials in Europe say suspicious leaks on two Russian gas pipelines in the Baltic Sea are likely the result of sabotage. Mentioned in this podcast:IMF urges UK to ‘revaluate’ tax cuts in biting attack on fiscal planUS presses EU to speed up financial aid to UkraineDenmark, Germany and Poland warn of sabotage after Nord Stream leaksMashinsky resigns as head of Celsius NetworkFt.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/28/2022 • 9 minutes, 7 seconds

FT News Briefing - Winamp (448)

Italy’s new far-right government

China’s economic output will lag behind the rest of Asia for the first time since 1990, according to new World Bank forecasts, the Bank of England failed to reassure markets as the pound continued tumbling and the US is trying to boost access to uncensored internet in Iran. Plus, the FT’s Amy Kazmin explains why Italy chose a far-right government to lead the country in Sunday’s snap election Mentioned in this podcast:China growth falls behind rest of Asia for first time since 1990Giorgia Meloni’s rightwing bloc storms to Italian election victoryElon Musk offers Iranians uncensored internet accessBank of England and Treasury seek to steady sterling after heavy fallsFT.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/27/2022 • 10 minutes, 43 seconds

FT News Briefing - Winamp (449)

UK tax plan hurts investor confidence

UK chancellor Kwasi Kwarteng has vowed to double down on his controversial tax-cutting drive despite investor jitters, at least 41 people have died in protests in Iran sparked by the death of a young woman who was arrested for allegedly violating Islamic dress code. Plus, the FT’s Polina Ivanova explains how Russia’s military conscription is affecting remote regions of the country. Mentioned in this podcast:Radical UK budget prompts backlash on Tory backbenchesInvestors warn Kwarteng that fiscal plan threatens markets’ confidence in UKDeath toll from Iranian protests climbs to 41‘Everyone will get snatched off the street’: mobilisation brings Ukraine war home to RussiansFT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/26/2022 • 9 minutes, 51 seconds

FT News Briefing - Winamp (450)

FT Weekend: How NFTs shook up the art world

NFTs were a big sensation, but the market for them has crashed. This week, we invited a crypto-sceptic, FT columnist Jemima Kelly, to answer all the questions you were afraid to ask. What are NFTs exactly? What happened with them? And have they changed the way we think about art? Jemima hosts the latest season of our FT podcast Tech Tonic, which is all about the cult of crypto.-------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Tech Tonic is available wherever you listen to your podcasts, or at www.ft.com/tech-tonic. The episode on NFT mania is here– Jemima’s most recent column, ‘Don’t believe the maximalists: bitcoin can’t be separated from crypto’: https://on.ft.com/3SaAAia – Jemima is on Twitter @jemimajoana-------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/24/2022 • 18 minutes, 45 seconds

FT News Briefing - Winamp (451)

Catch a falling yen

Several EU member states are pushing for hard-hitting measures against Russia and a UN policy memorandum argues Pakistan should suspend international debt repayments. Plus, the FT’s Katie Martin explains why the Bank of Japan would keep interest rates in negative territory and prop up the yen. Mentioned in this podcast:Poland and Baltic states push for harsher EU sanctions against RussiaFlood-hit Pakistan should suspend debt repayments, says UN policy paperJapan intervenes to prop up yen for first time since 1998ft.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/23/2022 • 10 minutes, 4 seconds

FT News Briefing - Winamp (452)

Fed signals more economic pain to come

The Federal Reserve raised its benchmark interest rate by 0.75 percentage points for the third time in a row on Wednesday, and Credit Suisse has drawn up plans to split its investment bank in three. Plus, the FT’s Hannah Murphy explains how companies, and the negotiators they hire, deal with a ransomware attack. Mentioned in this podcast:Jay Powell refuses to rule out US recession after third 0.75% rate riseThe ransomware game: test your skills in the world of hackers and negotiators Credit Suisse considers splitting investment bank in threeFT.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/22/2022 • 10 minutes, 55 seconds

FT News Briefing - Winamp (453)

Travis Kalanick’s excellent (and secret) venture

The Federal Reserve is expected to raise interest rates by 0.75 per cent today, Goldman Sachs is expanding its transaction banking business in Europe, and former Uber chief executive Travis Kalanick has tried to keep his new “dark kitchens” venture as secretive as possible. Mentioned in this podcast:Federal Reserve set to raise benchmark interest rate Goldman Sachs hunts new revenues in EU transaction banking pushTravis Kalanick expands ‘dark kitchens’ venture across Latin AmericaMicrosoft invests in Travis Kalanick’s CloudKitchens start-upFT.com/briefingsale The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/21/2022 • 8 minutes, 50 seconds

FT News Briefing - Winamp (454)

Swamp Notes: US Democrats on the offensive

Two Turkish banks have halted the use of Russia's payment system, two global energy agencies estimate it would cost $1tn to avoid the catastrophic effects of climate change, and pension funds in Europe and Australia pressured asset manager Federated Hermes to stop sponsoring a group of US officials who oppose action on climate change. Plus, Swamp Notes columnists Ed Luce and Rana Foroohar discuss what’s behind the US Democratic party’s rebound heading towards midterm elections. Mentioned in this podcast:Turkish banks suspend Russian Mir cards amid US sanctions pressureInvestment of $1tn a year needed for 2030 climate goals, report findsUnder-fire US fund manager pulls controversial sponsorship of climate scepticsJoe Biden comes out swinging as Democrats sense midterms momentum shiftBiden’s Lazarus-like opportunity The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/20/2022 • 10 minutes, 5 seconds

FT News Briefing - Winamp (455)

The collapse of Celsius Network

Markets are increasingly betting on policymakers raising borrowing costs higher and faster, an FT-IGM survey shows economists expect the US central bank will lift its benchmark policy rate above 4 per cent and hold it there beyond 2023, and the market downturn has sparked the longest tech IPO drought in more than 20 years. Plus, the FT’s Kadhim Shubber talks about his investigation into the fall of high flying cryptocurrency lender Celsius Network.Mentioned in this podcast:Central banks set to hit peak rates higher at faster paceFed to keep interest rates above 4% beyond 2023, economists predictMarket downturn brings longest tech IPO drought in decades Inside Celsius: How one of crypto’s biggest lenders ground to a haltAlex Mashinsky took control of Celsius trading strategy months before bankruptcyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/19/2022 • 9 minutes, 34 seconds

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FT Weekend: How do young Brits feel about the monarchy?

This week we discuss how young people view the late Queen Elizabeth with journalist Imogen West-Knights and our own producer Lulu Smyth. For many Millennials and Gen Zers, the first royal succession in 70 years is also the first time they’ve considered their stance on the monarchy more broadly. And it’s eliciting some mixed feelings. Then, we explore how we’re spending money on culture now. The FT’s US business editor Andrew Edgecliffe-Johnson explains all the ways our post-pandemic restlessness is colliding with growing inflation. It turns out we’re now more discerning in how we stay in and how we go out.Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:Imogen’s dispatch from Buckingham palace: https://on.ft.com/3eVMr50 The FT Weekend essay this week, ‘King Charles and the future of the monarchy’: https://on.ft.com/3qPsVcM Edge and Lilah’s conversation on Instagram live: https://www.instagram.com/reel/Ch20tSdJQ8v Imogen is on Twitter @ImogenWK. Edge is on Twitter @Edgecliffe. -------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/17/2022 • 28 minutes, 18 seconds

FT News Briefing - Winamp (457)

Inflation, the Hamptons and an $800 grocery cart

China’s local government financing vehicles are bailing out cities and provinces that are struggling for cash, and UK prime minister Liz Truss is making a last-ditch effort to convince SoftBank to list its British chip maker, Arm, in the UK. Plus, the FT’s global business columnist Rana Foroohar argues that America’s wealthiest are making bad inflation worse. Mentioned in this podcastChina’s local government financing vehicles go on land buying spreeLiz Truss prepares fresh bid to persuade SoftBank to list Arm in LondonEveryone pays the cost as the rich keep spendingVladimir Putin acknowledges Chinese “concerns” over Ukraine The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/16/2022 • 9 minutes, 38 seconds

FT News Briefing - Winamp (458)

A worsening migration crisis in the Americas

The US and EU are concerned that Russia can use Turkish banks to evade financial sanctions, Porsche tries to catch up to Ferrari with an initial public offering of its own, plus, the FT’s Latin America editor Michael Stott talks about record migration throughout the Americas. Mentioned in this podcast:US and EU step up pressure on Turkey over Russia sanctions Porsche IPO: the race to catch Ferrari Repression and poverty trigger record migration crisis in the AmericasRachman Review podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/15/2022 • 9 minutes, 21 seconds

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Wall Street shudders after seeing US inflation data

A worse than expected US inflation report triggered a Wall Street sell-off, Twitter whistleblower Peiter Zatko testified in front of a US Senate committee about alleged security lapses at the social media site, and the US is struggling to put together an alliance to address computer chip supply chain issues. Mentioned in this podcast:Rising inflation sparks fears of hard landing for US economyUS stocks slide after ‘hotter’ than expected inflation readingWhistleblower accuses Twitter of putting ‘profits over security’US struggles to mobilise its East Asian ‘Chip 4’ allianceThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/14/2022 • 9 minutes, 9 seconds

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Is a post-dollar world coming?

US inflation is expected to have eased due to falling energy prices and Ukraine has regained momentum fighting back the Russian invasion. Plus, Ruchir Sharma tells us why he thinks the dollar may not be the world’s dominant currency for much longer. Mentioned in this podcast:Pace of US consumer price growth expected to have eased in AugustA post-dollar world is comingUkraine’s defence minister warns of Russian counter-attackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/13/2022 • 9 minutes, 1 second

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King Charles and the royal finances

King Charles heads to Scotland today, UK financial markets are bracing for Liz Truss’s energy package, and Russia’s Gazprom is making record profits even though it’s shipping a fraction of the gas to Europe that it did last year. Mentioned in this podcast:King Charles seeks to fortify the UK with tour of nationsQueen Elizabeth II: inside the royal financesUK energy package will weigh on gilts and pound, analysts warnHigh gas prices help Gazprom compensate for supply cutsUkraine’s Reznikov warns on Russian counter-attackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/12/2022 • 8 minutes, 58 seconds

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FT Weekend: The legacy of Queen Elizabeth II

Queen Elizabeth II has died after a 70-year reign. This weekend, we reflect on her legacy, life and cultural impact with FT Weekend editor Alec Russell. Then, producer Lulu Smyth takes us to meet the people gathered outside Buckingham Palace.-------Links: Simon Schama, ‘Elizabeth II: an appreciation’: https://on.ft.com/3qsNI64Jo Ellison, ‘The Queen’s constancy never went out of style’: https://on.ft.com/3qpwOVF -------Special offers for FT Weekend listeners can be found here: http://ft.com/weekendpodcast-------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/10/2022 • 18 minutes, 32 seconds

FT News Briefing - Winamp (463)

Britain in mourning

Queen Elizabeth II, Britain’s longest-serving monarch, has died aged 96, Buckingham Palace has announced. The FT’s Miranda Green examines this moment, and what King Charles III’s assumption to the throne will mean for the royal family. Mentioned in this podcast:Queen Elizabeth II dies aged 96The Queen's jubilee: How Britain has changed since 1952The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/9/2022 • 9 minutes, 41 seconds

FT News Briefing - Winamp (464)

The ECB goes from dove to hawk

Chinese companies have raised six times as much money through share sales in Europe than the US this year, and European farmers expect a sky-high food prices and droughts this winter. Plus, the FT’s Frankfurt bureau chief, Martin Arnold, explains why the European Central Bank is finally getting hawkish. Mentioned in this podcast:Europe tops US on Chinese listings for first timeECB makes hawkish shift as inflation surge shreds faith in modelsFarmers and producers warn of winter food shortages in EuropeInstagram Live: Trumpism's influence in US politicsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/8/2022 • 8 minutes, 36 seconds

FT News Briefing - Winamp (465)

EU wants tax to fight ‘astronomic’ electricity bills

The EU is considering a windfall tax for energy companies, Zambia’s IMF bailout is a test for countries that have defaulted on Chinese debt, and US regulators are cracking down on bankers’ use of messaging apps. Mentioned in this podcast:EU plans windfall tax to counter ‘astronomic’ energy billsZambia’s $1.3bn IMF bailout to test how China handles defaultsWall Street’s $1bn messaging ‘nightmare’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/7/2022 • 8 minutes, 36 seconds

FT News Briefing - Winamp (466)

Russia’s double energy whammy

Liz Truss will be the next UK prime minister after winning the Tory leadership race, Opec+ agreed on Monday to cut crude supply in a bid to prop up oil prices, Russia switched off Europe’s main gas pipeline until sanctions are lifted, and Singapore has become a haven for Chinese elite who are fleeing strict coronavirus lockdowns and potential blowback from geopolitical tensions. Mentioned in this podcast:Brussels pushes for EU-wide caps on gas priceLiz Truss to be UK prime minister after winning Tory leadership raceOpec+ agrees to cut crude supply in push to lift oil pricesRussia switches off Europe’s main gas pipeline until sanctions are liftedCrazy Rich relocations: Singapore becomes a haven for Chinese eliteTwitter Space: Liz Truss will be UK prime minister. What should we expect? The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/6/2022 • 9 minutes, 44 seconds

FT News Briefing - Winamp (467)

Britain set for new prime minister

The oil producing cartel is meeting today and will consider a cut in oil supply to prop up prices, and UK Conservative Party members will vote today on a new leader to replace Boris Johnson. Plus, the FT’s Jemima Kelly tells us about the the passion of crypto believers she met for this season of the FT’s Tech Tonic podcast. Mentioned in this podcast:Liz Truss promises economic action from Day 1 of premiershipOil supply cuts on table as Opec+ meets amid crude sell-offTech Tonic: A sceptic’s guide to crypto The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/5/2022 • 10 minutes, 30 seconds

FT News Briefing - Winamp (468)

Have we hit peak TV? Plus, our debt to bees

This week, guest host Topher Forhecz is joined by Los Angeles bureau chief Chris Grimes to hear about the future of TV's streaming wars. Since the pandemic, streaming services have poured huge amounts of money into new content, but it's unclear how long this boom will last. Then, we talk to Nature Therapy columnist Jonathan Guthrie about bees. He's estimated that we owe bees nearly $160bn for their pollination services. What's at stake if we can't repay that debt? -------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.-------Links and mentions from the episode:– Chris Grimes’ piece on the peak of TV streaming: https://www.ft.com/content/0e95cf55-dda1-4f63-bb6b-bf475f974f30  – Jonathan Guthrie’s Nature Therapy column, ‘Our £135 bn debt to the humble bee’: https://www.ft.com/content/286dff35-9634-4fd7-9497-3d2de3a555a4   -------Special offers for FT Weekend listeners can be found here: http://ft.com/weekendpodcast -------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco Clip from Prime Video.  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/3/2022 • 28 minutes, 49 seconds

FT News Briefing - Winamp (469)

Cruise control: port cities push back against ships

The US releases the latest jobs numbers today and analysts expect the pace of positions added to have slowed in August, eurozone unemployment fell to an all-time low of 6.6% of the workforce, the cruise industry is recovering from the pandemic but the industry now faces resistance from politicians and climate activists, and US officials have told semiconductor maker Nvidia it will need special licences to sell high-end processors to Chinese customers. Mentioned in this podcast:US Jobs growth expected to have slowed in AugustEurozone jobless rate hits record low of 6.6% in JulyThe cruise ship conflictGrowing evidence that Covid-19 is leaving people sicker US blocks Nvidia AI chip exports to ChinaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/2/2022 • 10 minutes, 17 seconds

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Russia shuts down Nord Stream 1 pipeline

Russia has halted the flow of gas through the Nord Stream 1 pipeline to Europe for three days, and the EU has agreed to suspend a visa deal with Moscow. Plus the FT’s John Paul Rathbone explains why Ukraine’s counter-offensive in the south of the country could be a gamechanger in the war. Mentioned in this podcast:Russia shuts down Nord Stream gas pipeline to EuropeEU rips up Russia visa deal in victory for eastern member statesMilitary briefing: Ukraine makes its move with Kherson counter-offensive The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

9/1/2022 • 10 minutes, 42 seconds

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Will student debt add up to more inflation?

The world’s second-largest cinema chain incorrectly reported the identity of its largest shareholder, and ExxonMobil is contesting Vladimir Putin’s decree blocking the oil company from exiting Russia. Plus, economists are debating the impact that US president Joe Biden’s student loan forgiveness programme will have on inflation. Mentioned in this podcast: Cineworld incorrectly reported its largest shareholderExxonMobil contests Kremlin decree blocking its pullout from RussiaJoe Biden’s student debt cancellation triggers ‘inflationary fire’ fearsFT Weekend Festival: ft.com/ftwf  Discount code: FTWFxPodcast22The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/31/2022 • 10 minutes, 12 seconds

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Morgan Stanley beefs up block trade supervision

Morgan Stanley has tapped a lawyer to keep an eye on its block trading, and airlines are bracing for a chilly winter. Plus, Liz Truss, the frontrunner to be UK prime minister, has been talking tough with US officials but is likely to keep UK-US ties on track.  Mentioned in this podcast:Morgan Stanley orders internal lawyer to supervise block trading deskAirlines braced for grim winter as slowdown threatens recoveryInside Liz Truss’s not so special relationship with the USNew York Yankees and LA fund join investors in AC MilanThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/30/2022 • 8 minutes, 22 seconds

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US watchdogs take on private equity

Financial markets are bracing for a longer period of high interest rates, EU foreign ministers are set to suspend the bloc’s visa facilitation agreement with Moscow, and Alibaba is trying to manoeuvre a rebound. Plus, the FT’s Stefania Palma explains why the US antitrust officials are targeting the $10 tn private equity industry. Mentioned in this podcast:Jay Powell says Fed will ‘keep at it’ in hawkish inflation speechInvestors expect higher rates to persist after hawkish Jay Powell ends hope of Fed pivotECB officials warn of ‘sacrifice’ needed to tame surging inflationUS trustbusters: why Joe Biden is taking on private equityThe private equity club The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/29/2022 • 10 minutes, 13 seconds

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A sceptic’s guide to crypto: the ‘smart’ money

In the second episode of the latest season of Tech Tonic, FT columnist and host Jemima Kelly tries to understand why an influential Silicon Valley investment firm thinks that Web 3 is a good bet. Will blockchain technology really be the foundation of a new internet era? Is Web 3’s promise to decentralise the internet going to pose a challenge to companies such as Facebook and Twitter? The FT’s innovation editor John Thornhill interviews Chris Dixon, head of Andreessen Horowitz’s crypto fund, and Jemima talks to Molly White, author of the Web3 Is Going Just Great blog.Presented by Jemima Kelly. Special thanks to John Thornhill. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CBC, NBC, CNN.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/28/2022 • 25 minutes, 34 seconds

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FT Weekend: The art of sound design. Plus: summer hits of 2022

FT Weekend has its own podcast feed! For more content, subscribe to 'FT Weekend' wherever you listen.This weekend, we meet a British pioneer of sound design. Errol Michael Henry invites us to the Air-Edel studios in London to show us how a song gets made. Errol is one of the few black sound designers in the UK. He’s been producing music through his independent label, Intimate Records, since the 1980s. He breaks down how he creates his distinct sound, layer by layer. Then, we explore what makes the perfect summer track with music critic Arwa Haider. She and Lilah take a tour through the top hits of the season, from Beyoncé to Bad Bunny to puss* Riot.Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.Links and mentions from the episode:–Yasmin Jones-Henry’s piece in HTSI: ‘My father, the pioneer of sound design’ https://on.ft.com/3JpA2zD–Errol’s music is under the name The Sound Principle–“You Threw Our Love Away”, by The Jones Girls, sound designed by Errol: https://www.youtube.com/watch?v=D-vpFCn6Ros–“You Left Me Lonely”, by Lulu (1993), sound designed by Errol: https://www.youtube.com/watch?v=UILaejQFcJA–You also heard Intimate Records tracks “Please Come Back” by Dean Edwards and “Keep It Comin” by Julianne, both written and produced by Errol–Here’s the song Errol says is closest he’s gotten to designing something that matched what he’d imagined: https://www.youtube.com/watch?v=zFPgZv-5zbQ–Errol’s organisation is called Music Justice –Arwa Haider is on Twitter @ArwaHaider. Errol is on Twitter @ErrolMHenry, and on Instagram @thesoundprinciple. Yasmin is on Instagram @yasminrjh–Arwa’s review of Lady Gaga live: https://on.ft.com/3ANGkrV–Arwa’s music recommendations: "Renaissance" by Beyoncé, "Verano Sin Ti" by Bad Bunny, Nigerian singer-songwriter Tems, "Hold the Girl" by Rina Sawayama, "Matriarchy Now" by puss* Riot, and opera singer Julia BullockMusic clips copyright: Streamline, Interscope, Parkwood, Columbia Records, Rimas and Neon Gold. Julia Bullock clip from NPR’s Tiny Desk Concert (2020)Special offers for FT Weekend listeners can be found here. Join us at the FT Weekend festival in London on September 3rd: ft.com/ftwf. A £20 off promo code: FTWFxPodcast22Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/27/2022 • 31 minutes, 46 seconds

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Afghanistan’s economy after one year under the Taliban

Finland will host talks with Sweden and Turkey for talks on the Nordic countries’ Nato membership bids, and we’ll take a look at the ins and outs of Revlon’s bankruptcy. Plus, the FT’s Benjamin Parkin recently visited Afghanistan and reports back what it has been like there a year since the Taliban regained control. Mentioned in this podcast:Finland and Sweden hold talks with Turkey to push Nato bidRevlon bankruptcy becomes a fight over memesFT Series: a year under the TalibanBehind the Money: Afghanistan one year laterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/26/2022 • 10 minutes, 33 seconds

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Can Jay Powell stick the landing?

Hedge funds have lined up the biggest bet against Italian bonds since the global financial crisis, Japan is looking to rebuild its nuclear energy capacity, and Blackstone has joined the bidding to buy Pink Floyd’s music. Plus, the FT’s Colby Smith looks at how the Federal Reserve handled inflation in the past and whether chair Jerome Powell can engineer a soft landing this time around. Mentioned in this podcast:Japan set for new nuclear plans in post-f*ckushima shift Powell to face tough crowd in Jackson Hole Can the Fed take inflation without causing a recession?Another brick in the Wall Street as Blackstone eyes Pink Floyd catalogueLet us know how Joe Biden’s student loan forgiveness programme might affect you: https://telbee.io/channel/akqt6c_h_vlzm47bnoijfw/The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com  Hosted on Acast. See acast.com/privacy for more information.

8/25/2022 • 9 minutes, 6 seconds

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Six months of war in Ukraine

Today marks six months since Russia launched its full-scale invasion of Ukraine, a Twitter whistleblower says the company hid security flaws and fake accounts, and the waters off the coast of Somalia are no longer high risk for shipping  Mentioned in this podcast:They dig, and dig and dig: Russia entrenched in Ukraine six months into warTwitter covered up security flaws and fake accounts, says whistleblowerShipping industry says piracy off coast of Somalia is no longer a threatThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/24/2022 • 9 minutes, 48 seconds

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The student who rode Bed Bath & Beyond to the moon

Ben & Jerry’s lost a legal dispute with its parent company over sales in Israel and investors are sceptical about this summer’s equities rally. Plus, the FT’s Madison Darbyshire talks about how a 20-year-old American college student made $110mn betting on a meme stock. Mentioned in this podcast:How a 20-year-old student made $110mn riding the meme stock wave Investors fret over durability of summer rally in US marketsBen & Jerry’s loses attempt to block ice cream sales in West BankThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/23/2022 • 10 minutes, 11 seconds

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Droughts grip large parts of the globe

Apple employees are pushing back against the iPhone maker’s call for workers to return to the office next month, and major droughts across the globe are having a significant impact on everything from agriculture to tech. Plus, the FT’s Sam Agini explains what a potential deal for Manchester United would mean for the football club.     Mentioned in this podcast:Group of Apple employees pushes back against return-to-office orderClimate graphic of the week: Record lows for rivers across China, US and Europe sap economiesJim Ratcliffe declares interest in buying Manchester UnitedScoreboard newsletter The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/22/2022 • 8 minutes, 34 seconds

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A sceptic’s guide to crypto: boom and bust

A new season of Tech Tonic asks whether crypto and its supporting technology - the blockchain - have a future following a market crash. In the first episode of this five-part series, FT columnist and host Jemima Kelly casts a sceptical eye on what led to the boom in digital assets and their subsequent collapse. She assesses the damage with the FT’s digital assets correspondent Scott Chipolina, and hears from big-time bitcoin investor Michael Saylor, Dogecoin co-creator Jackson Palmer, and crypto YouTuber, Wajahat Mughal.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technology The FT’s Cryptofinance Hub is at https://www.ft.com/cryptofinance Scott Chipolina’s reporting can be found at https://www.ft.com/scott-chipolina For a special discounted FT subscription go to https://www.ft.com/techtonicsalePresented by Jemima Kelly. Special thanks to Scott Chipolina. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC, Saturday Night LiveRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/21/2022 • 27 minutes, 7 seconds

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FT Weekend: Ukraine’s digital war. Plus: how computers changed chess

FT Weekend has its own podcast feed! For more content, including our special Food & Drink mini-series, search 'FT Weekend' where you listen to podcasts and subscribe there.This weekend, we go to Ukraine. FT columnist Gillian Tett introduces us to the tech entrepreneurs and engineers who have built strong links with Silicon Valley and western tech companies over the past few decades. These connections are helping them fight what she calls an ‘open source war’ against Russia. Then, data journalist Oliver Roeder invites us into the elite world of professional chess. Now that computers are magnitudes better than humans, the game has dramatically changed.--------------Want to stay in touch? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – Gillian’s piece, ‘Inside Ukraine’s open-source war’: https://on.ft.com/3QE08n5 – Oliver Roeder’s article, ‘Enter the inner sanctum of elite chess:’ https://on.ft.com/3Cd47CG – Oliver’s book is called Seven Games: A Human History– Gillian is on Twitter @gilliantett. Oliver is on Twitter @ollie.—-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastWant to join us at the FT Weekend festival in London on September 3rd? Buy a ticket at ft.com/ftwf. And here’s a special £20 off promo code, specifically for FT Weekend listeners: FTWFxPodcast22--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/20/2022 • 28 minutes, 44 seconds

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FT Business Book of the Year longlist

Middle East states are expected to bring in $1.3tn in additional oil revenues, big US retailers posted quarterly earnings this week and results were mixed, scientists have discovered a way to destroy harmful “forever chemicals”. Plus, we’ll look at the longlist for this year’s FT Business Book of the Year award. Mentioned in this podcast:Middle East states set for $1.3tn oil windfall, IMF saysWalmart and Home Depot ease fears of recession even as inflation persistsTarget’s profit tumbles on price cuts and efforts to clear inventoryBusiness Book of the Year 2022 — the longlistThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/19/2022 • 10 minutes, 30 seconds

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Missteps at Missfresh

Federal Reserve officials discussed the need to keep interest rates at levels that restrict the economy “for some time” in a bid to contain inflation, Short-term UK borrowing costs surged to the highest level since 2008, and Tencent posts its first quarterly revenue fall. Plus, the collapse of Chinese food delivery app, Miss Fresh, could be a cautionary tale for other tech giants in China. Mentioned in this podcast:Fed officials signal restrictive rates may be needed ‘for some time’UK bonds sell off as hot inflation lifts expectations for BoE rate risesTencent hurt by slowing Chinese economy and stalled game approvalsWhat the collapse of Missfresh means for China’s tech sectorJapan’s latest alcohol advice: please drink moreThe FT News Briefing is produced by Sonja Hutson, Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/18/2022 • 9 minutes, 19 seconds

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WeWork 2.0?

Amazon has accused the FTC of harassing top executives as part of an antitrust investigation, hedge fund Elliott Management has dumped almost all of its shares in SoftBank, and Harvard will offer tuition-free MBA programs to low-income students. Plus, the man who blew up WeWork, Adam Neumann, has a new real estate venture that’s attracted a major investment from Silicon Valley royalty. Mentioned in this podcast:Amazon accuses FTC of harassing executives including Jeff Bezos and Andy JassyHedge fund Elliott dumps SoftBank stake after souring on Masayoshi SonAndreessen Horowitz backs WeWork co-founder’s property ventureThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/17/2022 • 10 minutes, 19 seconds

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Private equity: from cutthroats to frenemies

Elections officials in Kenya announced a winner in last week’s presidential election but the result is being challenged, Iran denies involvement in the stabbing of controversial author Salman Rushdie, and China cut a crucial lending rate for the first time since January. Plus, we look at how the private equity industry evolved from a group of mercenary dealmakers to co-operative rivals. Mentioned in this podcast:William Ruto wins Kenya’s presidential electionIran denies linked to Rushdie attack China cuts lending rate as economic data disappoint and Covid cases riseThe private equity clubThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/16/2022 • 10 minutes, 1 second

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Will oil prices keep falling?

Saudi Arabia has agreed to renew a three billion dollar deposit at Pakistan’s Central Bank, Saudi Aramco reported record profits, and an expected US tax on stock buybacks isn’t expected to have a big impact on earnings. Plus, Mexico’s president wants beer makers in the north to cut back due to the region’s drought. Mentioned in this podcast:Saudi Arabia renews $3bn deposit to PakistanSaudi Aramco hits fresh profit record as high energy prices deliver windfallMeet the new taxesMexico president calls time on brewing as drought intensifiesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/15/2022 • 8 minutes, 13 seconds

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FT Weekend: Chef Mashama Bailey on reclaiming African-American food

For more FT Weekend content, including our special Food & Drink mini-series, search 'FT Weekend' where you listen to podcasts and subscribe there.This week Lilah goes to Savannah, Georgia, to visit chef Mashama Bailey. Mashama recently won Outstanding Chef at the James Beard Awards. Since 2014, she has been chef and partner at The Grey, a restaurant located in a formerly segregated bus station. And she has been redefining American food by reclaiming its African-American roots. But because so much of this history hasn't been documented, how do you find and preserve it, and also expand on it? Mashama explains her creative process. We also speak with Stephen Satterfield, host of the Netflix docuseries High on the Hog. Stephen is the founder of Whetstone Media, which is dedicated to tracing food stories back to their roots of origin.Want to say hi? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.Links and mentions from the episode: Lilah’s written piece on Mashama in the FT Magazine: https://on.ft.com/3I8v4br Mashama and her business partner John O Morisano’s memoir about The Grey is called Black, White, and the GreyStephen is the founder of Whetstone Magazine and Whetstone Media. You can learn more at https://www.whetstonemagazine.com/Whetstone Radio Collective has a suite of podcasts: https://podcasts.apple.com/us/channel/whetstone-radio/id6442689915Dr Jessica B Harris’s seminal book on African-American food history is called High on the Hog: a Culinary Journey from Africa to AmericaLilah also recommends Bryant Terry's 2021 cookbook Black Food, and the work of Michael W Twitty. Michael is on Instagram at @thecookinggene and has an excellent Masterclass session on tracing your roots through foodMashama is on Instagram at @mashamabailey. Stephen is at @isawstephenSpecial offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastCome join us at the FT Weekend festival in London on September 3rd! Buy a ticket at ft.com/ftwf. Here’s a special £20 off promo code: FTWFxPodcast22Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/13/2022 • 31 minutes, 52 seconds

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Ben & Jerry’s bitter battle with Unilever

US lawmakers are set to pass a $700bn spending bill, activity on European corporate bond markets has slowed to a near standstill and US initial public offerings have ground to a halt. Plus, Ben & Jerry’s is in a legal battle with parent company Unilever over sales in the disputed West Bank and East Jerusalem. Mentioned in this podcast:Corporate lawyers take it easy as US IPO market dries upUnilever stops paying Ben & Jerry’s board members in Israel disputeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/12/2022 • 10 minutes, 38 seconds

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US inflation finally takes a breather

US stocks rallied after the latest US inflation report showed price rises slowed in July, Disney beat analyst expectations and added 15mn subscribers to its Disney+ streaming service, and social media companies want livestreams to be the future of shopping. Mentioned in this podcast:Disney’s streaming business defies industry gloomUS inflation eased slightly in July on lower petrol pricesUS stocks and bonds rally after lower than forecast inflation dataSocial media’s big bet: the shopping revolution will be livestreamedUnhedged: Markets, Finance and strong opinions  The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/11/2022 • 9 minutes, 24 seconds

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Corporate America fumes at Biden’s economic package

Taiwanese national security officials want to force Apple supplier Foxconn to unwind an $800mn investment in a Chinese chip company, and corporate America is fuming over president Joe Biden’s economic package. Plus, we have a military update on the war in Ukraine, and how tennis legend Serena Williams plans to spend her retirement. Mentioned in this podcast:Taiwan security officials want Foxconn to drop stake in Chinese chipmakerCorporate America fumes over Biden’s tax and climate packageSerena Williams to retire from tennis after US OpenThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/10/2022 • 9 minutes, 34 seconds

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Why Ireland’s economy is red hot

China’s extended military drills around Taiwan are stoking fears of a drawn-out period of heightened tension and investors are split over whether the recent US tech rally will continue. Plus, the FT’s Jude Webber explains how taxes from the tech sector are helping Ireland’s economy against a recession. Mentioned in this podcast:US pledges further $1bn in military aid for UkraineChina extends military drills around TaiwanTech sector tax windfall shores up Ireland’s economy against recessionInvestors divided over how long Big Tech rally will lastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/9/2022 • 9 minutes, 15 seconds

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Apple under scrutiny for mishandling misconduct claims

Investors are selling stakes in private equity and venture capital funds at the fastest pace on record so far this year, and earnings at companies such as Uber and Lyft are surging. Plus, the FT’s Patrick McGee reports that more than a dozen employees, past and present, say Apple’s HR team mishandled claims of harassment and misconduct.The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/8/2022 • 10 minutes, 14 seconds

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FT Weekend: Author Elif Batuman. Plus, our obsession with feedback

This week, we talk to the author Elif Batuman about her new novel ‘Either / Or’. The book is set in the 1990s, and follows Elif’s fictionalised alter ego, Selin, as she navigates life as a Harvard student. Elif reflects on looking back at the ’90s from a contemporary perspective and talks about what we’ve learnt since. Then, we hear about feedback from deputy FT Magazine editor Esther Bintliff. We live in a culture obsessed with feedback. But what kind of feedback is actually effective? --------------Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – Either/Or by Elif Batuman is available in all good bookstores. – Esther’s piece on feedback, https://www.ft.com/content/a681ac3c-73b8-459b-843c-0d796f15020e – Bradley Whitford describing the three-step reaction on WTF with Marc Maron http://www.wtfpod.com/podcast/episode-909-bradley-whitford– If you want to hear Kim Scott talking about Radical Candour at Inbound Bold Talks, 2016: https://www.youtube.com/watch?v=yj9GLeNCgm4 – Elif Batuman is on Twitter @BananaKarenina. Esther is on Twitter @estherbintliff. —-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastWant to join us at the FT Weekend festival in London on September 3rd? Buy a ticket at ft.com/ftwf. And here’s a special £20 off promo code, specifically for FT Weekend listeners: FTWFxPodcast22--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Silicon Valley clip in this episode is courtesy of HBO. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/6/2022 • 35 minutes, 3 seconds

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New US unemployment claims hit six-month high

US new unemployment claims have reached a six-month high as the labour market cools, the Bank of England raised interest rates by 0.5 percentage points, and European banks are adjusting to higher interest rates. Mentioned in this podcast:US jobless claims hit six-month high as labour demand coolsBank of England raises interest rates by 0.5 percentage pointsEurope’s lenders prepare for life outside negative territoryThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/5/2022 • 8 minutes, 55 seconds

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SoftBank moves to sell down its stake in Alibaba

SoftBank has raised as much as $22bn in cash from deals that would sharply reduce its stake in Alibaba over the coming years, Iran and western powers resume talks this week over the floundering 2015 nuclear accords, and as political polarisation reaches into the workplace companies must manage conflicts among employees while striving for sensitivity and diversity. Mentioned in this podcast:Softbank raises $22b in moves to sell down Alibaba stakeIran to resume nuclear talks with discussion over EU proposalsPolitics in the workplace:how should we deal with opposing views?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/4/2022 • 9 minutes, 8 seconds

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‘Generation Moonshot’ investors

China has blocked imports from hundreds of Taiwanese food producers in response to the visit of US House Speaker Nancy Pelosi to Taipei, a flurry of executive departures from SoftBank stokes uncertainty over who will take over from Masayoshi Son, and Behind The Money host Michela Tindera joins the Briefing to talk about the latest BTM episode that explores “Generation Moonshot” investors.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:China suspends 2,000 food products from Taiwan as Pelosi visitsSoftBank’s succession turmoil raises risksGeneration moonshot: why young investors are not ready to give up on riskThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/3/2022 • 9 minutes, 43 seconds

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China wrestles with an overseas debt crisis

Instagram head Adam Mosseri is moving to London, HSBC has pledged to restore its dividend to pre-pandemic levels, and China is facing its first overseas debt crisis. Mentioned in this podcast:Instagram head Adam Mosseri to temporarily relocate to LondonHSBC pledges to restore dividend to pre-pandemic levelsChina reckons with its first overseas debt crisisThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/2/2022 • 9 minutes, 55 seconds

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Beijing fears social unrest from property crisis

The Bank of England is set to consider its biggest rate rise in more than 25 years, the EU and UK are easing up on Russian oil restrictions to keep gas prices from spiking, and some investors are getting back in the crypto market after a crash earlier this year. Plus, China is trying to come up with a $148bn bailout fund to help complete stalled property developments amid concerns about social unrest.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Bank of England considers biggest rate rise for more than 25 yearsWest eases oil restrictions as inflation and energy fears growCrypto prices rise as traders dip back into digital asset marketChina’s central bank seeks to mobilise $148bn bailout for real estate projectsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

8/1/2022 • 9 minutes, 10 seconds

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FT Weekend: A new weight-loss drug works. Is that good?

This week, we hear about a new 'miracle' weight-loss drug called Wegovy. It has unprecedented clinical results and endorsem*nts from celebrities such as Queen Latifah. But critics say it deals with the symptom but not the cause. Then, we’re joined by Lauren Indvik, the FT's fashion editor. She explains how to efficiently pinpoint your personal style, and build a wardrobe that saves money, time and carbon emissions. Plus, she answers listener questions.--------------Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – Hannah Kuchler’s piece, ‘A new ‘miracle’ weight loss drug really works – raising huge questions’: https://on.ft.com/3vpSBQh  – Lauren Indvik’s dispatch from the Paris runway, ‘A return to decadence at Paris couture’: https://on.ft.com/3BoXNrl – Hannah Kuchler is on Twitter @hannahkuchler. Lauren is on Twitter @laureni.  —-----------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastWant to join us at the FT Weekend festival in London on September 3rd? Buy a ticket at ft.com/ftwf. And here’s a special £20 off promo code, specifically for FT Weekend listeners: FTWFxPodcast22--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/30/2022 • 29 minutes, 14 seconds

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Is the US in a recession?

The US economy has shrunk for two consecutive quarters, many energy companies are posting record profits but French EDF recorded a record loss, and US markets are reacting unpredictably to tech earnings reports. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US economy shrinks for second consecutive quarterFrench energy group EDF records €5.3bn loss ahead of renationalisationFacebook parent Meta reports first decline in revenueSpotify adds more subscribers than forecast in second quarterGoogle parent Alphabet’s revenue growth falls to slowest pace in 2 yearsMicrosoft reassures investors with confident full-year forecastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/29/2022 • 8 minutes, 56 seconds

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Fed hikes rates, but next steps are uncertain

US interest rates are going up by 0.75% for the second month in a row, the drama surrounding Elon Musk’s halted Twitter takeover debacle is hurting the social media company’s advertising business and employee morale, and European gas prices are rising as Russia cuts gas flows to the continent. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed raises rates by 0.75 points for second month in a rowTwitter ‘rudderless’ as Musk saga hurts advertising businessGas crisis raises recession risk for inflation-hit eurozone economyEuropean gas price rise accelerates as Russia cuts flowsAustralia’s oversupply of avocados forces farmers to look to Asia and UK for sales The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/28/2022 • 8 minutes, 58 seconds

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A new CEO for Credit Suisse

Walmart profit warnings shine a light on disparities in US consumer behaviour, the International Monetary Fund slashes its global growth forecast, and Argentines are scrambling to exchange their pesos for dollars on the black market. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Credit Suisse set to name Ulrich Körner as chief executiveWalmart issues profit warning as soaring inflation hits customersUS consumers are bending but not breaking as prices soar. Can it last?Argentines turn to black market dollars as crisis worsensThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/27/2022 • 9 minutes, 29 seconds

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Anglo-French merger would challenge Elon Musk’s SpaceX

US Big Tech companies are set to release quarterly earnings this week, German business confidence hits a two-year low, and French satellite operator Eutelsat has confirmed it is in discussions to acquire smaller British rival OneWeb in an all-share deal. Plus, cities are especially vulnerable to this summer’s record hot temperatures.  An early version of this podcast stated the UK left the European Space Agency when actually, the UK remains a full member of ESA which is a non-EU organisation. We regret the error and have removed it from the podcast.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Eutelsat shares tumble after confirming OneWeb deal talksGerman recession looms as business confidence slumps to two-year lowCan cities adapt to an era of extreme heat? The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/26/2022 • 9 minutes, 16 seconds

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European banks set to benefit from rising interest rates

The dollar’s surge to its highest level in 20 years is taking a toll on the corporate earnings of US companies with overseas operations, European bank earnings reports are expected to benefit from rising interest rates, and Ukraine’s Finance Minister Sergii Marchenko spoke to the FT about the challenges of managing his war-torn country’s finances.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed to implement second 0.75 point rate rise amid uncertainty over next stepsThe strong dollar wipes billions off US corporate earningsUkraine set to request delay in foreign debt repaymentsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/25/2022 • 10 minutes, 37 seconds

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FT Weekend: Why are tennis players fixing matches?

This week, we look at the dark side of professional tennis, where underpaid players are selling matches just to break even. Ranked around 200th in the world, a player named Nicolás Kicker was found guilty of match-fixing in 2018. His story reveals a lot of systemic problems within the sport. Then, we hear about the phenomenon of 'vice signalling' from columnist Stephen Bush. It’s similar to 'virtue signalling,' but instead of publicly gesturing towards altruism the vice signaller panders by promising cruelty. Think Donald Trump’s border wall, or Boris Johnson’s threats to deport asylum seekers to Rwanda.--------------Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – William Ralston’s piece ‘The fixer, the cheat and the corruption crisis in global tennis’: https://on.ft.com/3v9nW9L – Nicolas Kicker fixing a match at the 2015 Barranquilla Challenger: ​​https://www.youtube.com/watch?v=vcF9hq668Ow – Stephen Bush’s piece ‘How ‘vice-signalling’ swallowed electoral politics’: https://on.ft.com/3BqNtzd   – Stephen Bush’s piece ‘Failed Rwanda asylum flight puts all of the UK on a rocky course’: https://on.ft.com/3BccmhW – Christopher Grimes’ column ‘Disney chief’s ‘Don’t Say Gay’ drama is a crisis of his own making’: https://on.ft.com/3IYQ98D —-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastWant to join us at the FT Weekend festival in London on September 3rd? Buy a ticket at ft.com/ftwf. And here’s a special £20 off promo code, specifically for FT Weekend listeners: FTWFxPodcast22--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco. Hosted on Acast. See acast.com/privacy for more information.

7/23/2022 • 29 minutes, 45 seconds

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ECB raises rates amid Italian turmoil

Italian Prime Minister Mario Draghi resigns, the European Central Bank raises interest rates for the first time in more than a decade, Russia and Ukraine reach a deal to end a month-long grain blockade, and the FT’s Katie Martin explains why markets might rally when they see signs of a recession in corporate earnings reports. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Italy president calls snap elections after Draghi quits as PMDeal on table for release of millions of tonnes of grain from Ukraine portsECB raises rates for first time in more than a decadeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/22/2022 • 10 minutes, 17 seconds

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Tesla shines despite production disruptions

Tesla withstood disruption to China production and the high costs of scaling up new plants in Texas and Germany, Ukraine is getting some debt relief from western creditors, and Sri Lanka is just one of a number of developing economies facing growing pressure from soaring energy costs and a stronger US dollar. Plus Italian prime minister Mario Draghi’s government is on the brink of collapse, and Liz Truss will go head-to-head with Rishi Sunak in the race to become Britain’s next prime minister. Mentioned in this podcast: Tesla profits jump despite production disruptionsDraghi on brink after coalition partners withdraw backingUkraine secures preliminary deal to suspend debt repaymentsWhat Sri Lanka reveals about the risks in emerging marketsRishi Sunak to face Liz Truss in battle to become UK Prime MinisterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/21/2022 • 10 minutes, 8 seconds

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Netflix rallies despite subscriber losses

Netflix loses 1mn subscribers, small and midsize venture capital firms in China are struggling to raise funds as foreign investors flee risk, and former Brazilian President Luiz Inácio Lula da Silva is running to be the country’s head of state again, in what could be an extraordinary political comeback. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Netflix loses 1mn subscribers but defections are fewer than feared‘Exponentially’ risky China leaves venture capital funds starved of cashFT interview: Brazil’s Lula on the prospects of an extraordinary comebackJudge grants Twitter fast-track trial to decide fate of $44bn Musk dealThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/20/2022 • 9 minutes, 52 seconds

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SoftBank halts plan for Arm IPO in London

Japanese tech investor SoftBank has put on hold plans for an initial public offering of Arm because of the political turmoil in the UK, a luxury shoe brand popularised by Sex and the City has won a trademark lawsuit after more than two decades, and the FT’s Martin Wolf breaks down what the battle to become the next British prime minister means for the country’s economy. Mentioned in this podcast:SoftBank halts work on Arm’s London IPO following political turmoilTory leadership election tracker: Four candidates remain in race to be PMManolo Blahnik wins 22-year legal fight over China trademarkTwitter Space: Inside SCOTUS’ lurch to the right - and Justice Clarence Thomas. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/19/2022 • 9 minutes, 1 second

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Sri Lanka picks a new leader

The leader of Sri Lanka’s biggest opposition party has urged the IMF to provide support to ease the country’s humanitarian crisis and cushion the blow of reforms, once high-flying financial technology companies are seeing their valuations crash to earth, and the FT’s Swamp Notes columnists Ed Luce and Rana Faroohar join Marc Filippino to talk about the changing economic geography of the US. Mentioned in this podcast:Sri Lanka opposition leader calls on IMF for ‘humane’ treatment, wants fresh electionsHalf a trillion dollars wiped from once high-flying fintechs Swamp Notes: The new geography of workThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/18/2022 • 10 minutes, 49 seconds

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Martin Wolf on how to change one's mind

This week, Lilah talks to Martin Wolf about having the confidence to change your mind. Martin is our chief economics commentator and one of the most influential economics journalists in the world. He reflects on how he forms a worldview, and how his opinions have shifted over the past half-century. Then, we hear about the 'gentle parenting' craze on Instagram from Washington correspondent Courtney Weaver. There are no punishments, no bribes, and it encourages your child to have big feelings. But is it asking too much of parents?--------------We’re collecting your questions about feedback for an upcoming episode! Are you looking for advice on how to give or receive difficult feedback? Send your questions to us at [emailprotected]. Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: –Martin’s upcoming book is called The Crisis of Democratic Capitalism: https://www.penguin.co.uk/books/305263/the-crisis-of-democratic-capitalism-by-wolf-martin/9780241303412–Martin’s most recent column, ‘Inflation is a political challenge as well as an economic one’: https://on.ft.com/3ciWO1m–Martin’s economics book picks for the summer: https://on.ft.com/3yHzuSo –Courtney Weaver’s piece, ‘Inside gentle parenting’: https://on.ft.com/3APRpZS —-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/16/2022 • 29 minutes, 12 seconds

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Italian political drama weighs on markets

Italian prime minister Mario Draghi offered to resign, which caused problems for Italian stocks and for the euro. Plus, two of the biggest US banks had worse earnings reports than analysts expected. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Mario Draghi offers to resign as Italy’s prime ministerJPMorgan and Morgan Stanley profit miss casts pall over Wall StreetRising recession fears and broad shift into haven assets have boosted the greenbackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/15/2022 • 8 minutes, 49 seconds

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Will rising interest rates actually lower prices?

US consumer prices rose more than forecast in June, hitting an annual pace of 9.1 per cent, and investors are shunning 20-year US government bonds. Plus, a clash of cultures and geostrategic interests sank a German-Chinese joint venture competing in the new space race.This episode states Canada raised its interest rates by a 'full basis point' when we mean 'full percentage point'. We regret the errorMentioned in this podcast:US inflation hit 9.1% in June putting further pressure on FedUkraine and Russia making progress on grain talks, says UNThe corporate feud over satellites that pitted the west against ChinaFT Live Event: Britain after Boris Johnson ft.com/afterjohnsonThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/14/2022 • 10 minutes, 26 seconds

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Biden in the Middle East

US president Joe Biden is set to meet with Saudi Crown Prince Mohammed bin Salman, the biggest US banks report earnings this week and are expected to show bumper profits from lending, and EU officials fear criminal groups are smuggling weapons out of Ukraine and on to Europe’s black markets. Mentioned in this podcast:US banks set for lending earnings boost as Fed lifts ratesJoe Biden seeks reset on Saudi Arabia as oil tensions flareNato and EU sound alarm over risk of Ukraine weapons smugglingFT Global Survey: www.ft.com/2022surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/13/2022 • 8 minutes, 43 seconds

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What we know about the Abe murder

Former UK chancellor Rishi Sunak and foreign secretary Liz Truss have emerged as the favourites to replace prime minister Boris Johnson, and more details have been revealed in the murder of Japan’s former prime minister, Shinzo Abe. Plus, Nikkei Asia’s Marwaan Macan-Markar explains how Sri Lanka’s economic and political crises could foreshadow similar issues in other debt-ridden countries.  Mentioned in this podcast:Sunak to stand firm on taxes until he has ‘gripped inflation’Sri Lanka prime minister confirms besieged president Rajapaksa to resignKilling of Shinzo Abe shines spotlight on politicians’ links with MooniesDid you move to work remotely? Email [emailprotected] with your story. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/12/2022 • 10 minutes, 6 seconds

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Crypto collapse hits black Americans hard

Twitter is mounting legal action against Elon Musk as he tries to terminate the deal to buy the social media company, black Americans’ higher exposure to cryptocurrencies has left them more vulnerable to the financial downturn, Cairo’s storied houseboats have been removed as part of bigger changes that many fear will destroy heritage and green space in the Egyptian capital.Mentioned in this podcast:Experts say Musk faces uphill battle for victory in Twitter legal fightTwitter hires Wachtell legal firm to sue Elon Musk for ending $44bn acquisitionCrypto collapse reverberates widely among black American investorsCairo houseboats adrift in storm over developmentThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/11/2022 • 9 minutes, 25 seconds

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FT Weekend: Our summer books and films special

This week is our summer books and films spectacular, full of recommendations of things to read and watch. First, Lilah is joined by literary editors Fred Studemann and Laura Battle to explore the FT's Summer Books special. They suggest a range of light summer reads, sharp non-fiction, deep dives, thrillers and classics to take on your summer holiday, and talk trends in book publishing. Then, deputy arts editor Raphael Abraham recommends the top films to look out for this summer. After watching 24 films in less than a week at the Cannes film festival, he's filtered the new releases down to a must-see list.--------------Tell us about your own favourite new books and films! We’ll share them alongside the episode on our social platforms. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: Here’s Laura’s list of the best fiction summer reads: ​​https://on.ft.com/3AvtuPg. The whole summer books special is at http://ft.com/summerbooks.Books mentioned:–Audiobooks: Bad Actors by Mick Herron and Ulysses by James Joyce–Novels that span centuries: To Paradise by Hanya Yanagihara and Sea of Tranquility by Emily St John Mandel–Beach read: You Made a Fool of Death with your Beauty by Akwaeke Emezi–Fun non-fiction: Circus of Dreams by John Walsh–Empire books: Legacy of Violence by Caroline Elkin and In the Shadow of the Gods by Dominic Lieven–BRussian influence: Putin’s People by Catherine Belton and Butler to the World by Oliver Bullough–AI simulation: The Anomaly by Hervé Le TellierStories mentioned: –Marriage in all its divine tedium: https://on.ft.com/3KXOBfm–Edward Luce on whether America is headed for another civil war: https://on.ft.com/3yJ43az–Fred’s BookTok column: https://on.ft.com/3GEC5AdFilms to watch this summer, from Raph:–Aftersun: https://on.ft.com/3uUt9lJ–Nitram: https://on.ft.com/3auhgvs–Hit the Road–McEnroe–Three Thousand Years of Longing: https://on.ft.com/3nMshLK–Elvis: https://on.ft.com/3P1Uaeu—-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcast--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/9/2022 • 31 minutes, 35 seconds

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Britain after Boris

The FT’s UK chief political commentator Robert Shrimsley and FT columnist Stephen Bush discuss what’s next for the country after Boris Johnson’s resignation. Plus, as the fears of recession grow, commodity prices are falling. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Boris Johnson bows to pressure and quits after days of turmoilTwitter Space: Boris Johnson has announced his resignation. So what’s next? Commodities slump as recession fears stamp out fierce rallyUnhedged newsletter The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/8/2022 • 11 minutes, 6 seconds

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Marxism degrees are having a moment in China

Pressure mounts on UK prime minister Boris Johnson to resign, but the pound holds steady. Plus the Chinese government is pushing for more students to study Marxism. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Cabinet ministers call on Boris Johnson to quit as UK prime ministerPound traders look past UK political turmoilSupreme Court ruling casts doubt on powers of US regulatorsChina’s Marxism majors prosper amid labour market woesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/7/2022 • 9 minutes, 47 seconds

FT News Briefing - Winamp (521)

The race for electric vehicle supremacy

Two high-profile UK ministers resigned on Tuesday, oil prices had its biggest one-day drop since March, and a Chinese electric car company outsold Tesla in the first half of the year. Plus, Chinese electric vehicle battery companies are on a fundraising blitz. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Boris Johnson on the brink after chancellor and health secretary quit UK cabinetWarren Buffett-backed Chinese group BYD overtakes Tesla in global electric vehicle salesChina taps markets for $10bn to cement clean tech supremacyChurch of England taps debt markets with ‘Cranmer’ bondsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/6/2022 • 9 minutes, 9 seconds

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Martin Wolf: are we heading for a global recession?

European power prices hit record high as Russia curtails gas supplies, foreign investors have dumped a record $33bn of Indian shares since October, and the FT’s chief economics commentator Martin Wolf discusses the global economy.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:European power prices hit record high as Russia curtail gas suppliesForeign investors dump record $33bn of Indian stocks since OctoberPolicy errors of the 1970s echo in our times The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/5/2022 • 9 minutes, 49 seconds

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FT Weekend: How to live forever

This week, we return to one of our favourite episodes, to ask the question: what does it mean to defy death? Rock climber Leo Houlding tells us about his terrifying family holidays, scaling vertical cliff-faces with his two young kids. We also explore radical life extension with science writer Anjana Ahuja. How close are we scientifically to extending the human lifespan to 150 or 200? What are the implications when we get there? And do we really want to live forever? Links from the episode: — Leo Houlding’s extreme family holiday in Wyoming’s wild west: https://www.ft.com/content/0bcba30a-bb46-4bc1-8a7d-9166dc43a5e8  — Anjana Ahuja on whether we can live forever: https://www.ft.com/content/60d9271c-ae0a-4d44-8b11-956cd2e484a9 — Inside the life extension market, with Tiffanie Darke: https://www.ft.com/content/867e647b-c0e8-4aeb-9777-fedff7ec3476 Want to say hi? Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. If you want a great discount on an FT subscription or a $1/£1/€1 month-long trial, we’ve got you: http://ft.com/weekendpodcast Mixing and sound design by Breen Turner, with original music by Metaphor music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/2/2022 • 28 minutes, 56 seconds

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China’s middle class dreams of leaving

The US Supreme Court cut back the Environmental Protection Agency’s ability to regulate greenhouse gas emissions, US stocks lost $9 trillion in the first half of 2022, and frustration with China’s zero-Covid policy is pushing its middle class to try to leave the country. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US Supreme Court curbs EPA’s power to regulate greenhouse gas emissionsUS stocks on course for worst first-half slump in more than 50 yearsCovid in China: Xi’s fraying relationship with the middle classThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

7/1/2022 • 9 minutes, 32 seconds

FT News Briefing - Winamp (525)

How the beauty industry left Revlon behind

Chinese stocks are set for their largest monthly rise since 2020, Meta frustrates app developers by charging for VR apps, and Revlon’s bankruptcy filing sheds light on what it takes to stay relevant in the beauty industry. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Chinese stocks set for largest monthly rise since 2020Meta sparks anger by charging for VR appsHow the beauty industry left Revlon behindStatutory inquiry into Captain Tom charity launchedThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/30/2022 • 8 minutes, 7 seconds

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A new legal battleground in US abortion wars

A former White House aide testified that former President Donald Trump tried to commandeer his limousine on January 6, an independent report advises the UK to suspend use of live facial recognition over privacy concerns, and environmentalists are concerned about the impact of global timber trade disruption. Plus, access to mail-order abortion pills is shaping up to be the next legal battleground.  Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:UK should immediately ban use of live facial recognition, warns report Ukraine war hits global timber trade and adds to risks for forestsAbortion pills in demand after reversal of Roe vs Wade The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/29/2022 • 9 minutes, 50 seconds

FT News Briefing - Winamp (527)

Russia heading for first default in decades

Russia is on course to default on its debt for the first time since 1998, and Credit Suisse has become the first domestic bank to be found guilty of a corporate crime after a court found the lender failed to stop the laundering of Bulgarian drug money. UK travel chaos could widen this summer as travel unions threaten strike activity. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Russia set for first debt default since 1998 as payment deadline passesCredit Suisse found guilty over Bulgarian drug money failingsIs Britain headed for a summer of strikes?US company spending on private jets for personal use hits 10-year highThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/28/2022 • 9 minutes, 35 seconds

FT News Briefing - Winamp (528)

Listener question: Should the UK cut arts funding?

 Nato is to agree an overhaul of its battle plans to offer better protection to the alliance’s eastern flank, and there is some debate on how to soften the economic blow of the UK leaving the European Union. Plus, a listener wants to know: Is the UK justified in spending more on science and tech education and less on the arts? Mentioned in this podcast:Nato to agree overhaul to bolster Baltic defences against Russian threatThe deafening silence over Brexit’s economic falloutA tale of two cultures: must Britain choose between science and the arts?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/27/2022 • 12 minutes, 20 seconds

FT News Briefing - Winamp (529)

FT Weekend: A Strange Loop, the Tony-winning queer black best new musical

This week we speak with Michael R. Jackson, playwright of A Strange Loop, which just won the Tony award for Best Musical and Best Book. Jackson is a queer, black writer whose musical is about a queer, black writer writing a musical about a queer, black writer.. Hence the strange, but incredibly entertaining loop. Then, we learn about the dark side of Copenhagen's world-famous fine dining restaurant scene from Imogen West-Knights. Denmark seems to be turning a blind eye to abuses in its hottest – and extremely lucrative – hospitality industry.  --------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Imogen’s article ‘Fine dining faces its dark truths in Copenhagen’: https://on.ft.com/3NlO6Mq .  – Lilah’s article ‘How far does a chef have to go to be truly good?’: https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699. – Michael’s musical A Strange Loop is on Broadway at the Lyceum Theatre.– Imogen is on Twitter @ImogenWK, and Michael is @TheLivingMJ.—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. --------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/25/2022 • 33 minutes, 24 seconds

FT News Briefing - Winamp (530)

Ukraine in the EU?

The EU recognizes Ukraine as an official candidate for membership, Russian businessmen look to work with Iran to skirt US sanctions, and the FT’s Hot Money podcast reveals Visa and Mastercard are the secret regulators of the p*rn industry. Plus, the US bans Juul e-cigarettes from being sold. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU leaders formally agree to grant Ukraine candidate member statusSanctions-hit Russian businessmen seek tips from Iranp*rnhub owner MindGeek loses top two executivesSubscribe to the Hot Money podcastEU press conference audio courtesy of the European CouncilThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/24/2022 • 14 minutes, 8 seconds

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Can all of Africa get access to electricity?

 US stocks stay fairly flat after Fed Chair Jerome Powell testifies in Congress, a Ukrainian-made drone hits an oil refinery in Russia, and the International Energy Agency says investing $25 billion annually could lead to universal electricity access in Africa by the end of the decade. Mentioned in this podcast:Jay Powell warns US recession is ‘certainly a possibility’‘Kamikaze’ drone strike hits oil refinery in southern RussiaAfrica needs $25bn a year of investment to boost energy provision, says IEA chiefThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/23/2022 • 8 minutes, 43 seconds

FT News Briefing - Winamp (532)

Schrödinger’s dead cat bounce

 The S&P 500 rose by 2.4% on Tuesday, Russia is threatening Lithuania over enforcing EU sanctions, and the global food shortage reignites the debate on using crops for biofuel. Plus, Kellogg is Read a transcript of this episode on FT.com off into three separate companies. Mentioned in this podcast: S&P 500 bounces 2.4% after sharp weekly declineRussia warns Lithuania of serious consequences over Kaliningrad rail ‘blockade’Food vs fuel: Ukraine war sharpens debate on use of crops for energyKellogg’s to split into three separate food businessesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/22/2022 • 9 minutes, 47 seconds

FT News Briefing - Winamp (533)

Jeff Bezos vs the bridge

China is the leader in initial public offering fundraising this year, Jeff Bezos’s superyacht ignites a debate about who cities are for, and New Zealand’s housing market could hold some clues for what to expect in countries starting to raise their interest rates. Mentioned in this podcast:China IPO fundraising doubles US total to top global ranksJeff Bezos vs the bridge: Rotterdam’s dilemma over billionaire’s superyachtNew Zealand’s housing price boom cools as rate rises biteThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/21/2022 • 10 minutes, 35 seconds

FT News Briefing - Winamp (534)

Tim Sweeney on Epic's metaverse

Passively managed index funds have overtaken actively managed funds’ ownership of the US stock market for the first time and Brazil is cracking down on fake news on social media sites in the run-up to this October’s election. Plus, the FT’s Patrick McGee interviewed the chief executive of Epic games about his ambitions for the metaverse. Mentioned in this podcast:Passive fund ownership of US stocks overtakes active for first timeSocial media platforms crack down on fake news ahead of Brazil electionTim Sweeney: Epic will fight Apple and Google to keep the metaverse openTravis Scott concert audio courtesy of Travis Scott YouTube channel The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/20/2022 • 10 minutes, 51 seconds

FT News Briefing - Winamp (535)

FT Weekend: What Warhol’s Marilyn tells us about the art market

Last month, Andy Warhol's "Shot Sage Blue Marilyn" sold for $195mn, making it the second most expensive piece of art to sell at auction, ever. And as prices keep going up, the art market — auction houses, gallerists, dealers, collectors — want to keep it that way. On the heels of a ‘stonking’ art season, we invite two heavy hitters into the studio to walk us through it: arts editor Jan Dalley and art market columnist Melanie Gerlis. Then, Christie's head of 20th- and 21st-century art, Alex Rotter, pulls back the curtain on these record-breaking sales. --------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Melanie’s article ‘Art Basel’s Swiss fair defies gloomy economy with soaring sales’: https://on.ft.com/3QtSagn – Melanie’s auction season roundup: https://on.ft.com/38jn363 – Columnist John Gapper on how ‘The art market cannot get enough Andy Warhol Marilyns’: https://on.ft.com/3O3GeAm – Jan’s most recent art column, on whether we should send art back to Russia: https://on.ft.com/3OeLzF2 – Robert Armstrong’s profile of Larry Gagosian: https://on.ft.com/3IfT0sD – Melanie’s books are called The Art Fair Story and Art as an Investment? – Melanie is on Twitter @mgerlis, and Alex is on Instagram @rottweilernyc.—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. --------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/18/2022 • 34 minutes, 2 seconds

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Switzerland’s historic rate rise rattles markets

Stocks fall following rate rises in the US, UK and Switzerland and Russia restricts gas flow to Germany, and Covid hospitalisations are up in Europe.  Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Wall Street stocks tumble as UK and Switzerland follow Fed with rate risesGermans told to conserve energy as Russia cuts gas flows to EuropeCovid hospitalisations rise in Europe as sub-variants fuel new waveThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/17/2022 • 9 minutes, 11 seconds

FT News Briefing - Winamp (537)

The biggest US rate rise in almost 30 years

The Federal Reserve raised its benchmark policy rate by 0.75 percentage points for the first time since November 1994, and the European Central Bank says it will speed up work on a new policy tool to counter surging borrowing costs. Plus, billionaire investor Ray Dalio talks about the connections he's found between the rise and fall of markets and the rise and fall of nations.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed raises rates by the most in decades to tame scorching inflationECB to design new bond-buying plan to tackle market turmoilThe Rachman Review with Ray Dalio The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/16/2022 • 10 minutes

FT News Briefing - Winamp (538)

A make-or-break meeting for the WTO

The World Trade Organization is facing a credibility crisis during its first meeting since 2017, the increased value of the US dollar is hurting American companies, and Ukraine lays out a weapons shopping list ahead of its meeting with western defence ministers today.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:The WTO’s lonely struggle to defend global tradeRise in dollar to 20-year high costs US companies billions in earnings Military briefing: which weapons has Ukraine received and how many more does it need?Apple scores deal for Major League Soccer streaming rights worth $2.5bnThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/15/2022 • 9 minutes, 55 seconds

FT News Briefing - Winamp (539)

Bad news bears (market)

US stocks dipped into bear market territory, two major cryptocurrency players blocked withdrawals, and British prime minister Boris Johnson published legislation to make sweeping changes to trading rules for Northern Ireland. Plus, hundreds of Japanese companies have left Tokyo for the countryside —  will it have a lasting effect?Note: We wanted to apologize to our listeners for not publishing a show on Monday, June 13. This was due to a technical error.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US stocks trade in bear market territory as sell-off acceleratesBitcoin tumbles after crypto lender Celsius blocks all redemptionsWhat does Northern Ireland protocol bill do and why is it contentious?The great Tokyo exodusThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/14/2022 • 8 minutes, 59 seconds

FT News Briefing - Winamp (540)

FT Weekend: The rich interior lives of pigs

This week, we explore new scientific research behind: pigs! They have far more sentience and complexity than we give them credit for. Chief features writer Henry Mance joins to discuss how pigs and other animals think and feel, and the bigger questions around how we farm and eat them. Then, we look at a New York City architectural phenomenon: skinnyscrapers. Architecture critic Edwin Heathcote tells us about these new, super-thin towers that shoot up more than a quarter of a mile into the sky. How does a city’s architecture reflect its identity?--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Henry Mance’s article: ‘What cutting-edge science tells us about pigs’: https://on.ft.com/3MEe6Cz  – Henry’s book is called How To Love Animals: In A Human-Shaped World– Edwin Heathcote on 111 W 57th and Manhattan’s skinnyscrapers: https://on.ft.com/3aMIehZ – Henry Mance is on Twitter @henrymance, and Edwin is at @edwinheathcote.—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. --------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/11/2022 • 30 minutes, 59 seconds

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ECB to raise interest rates for first time since 2011

US consumer prices are set to have registered another large monthly advance, the European Central Bank has paved the way for a series of rate rises, and China is offering coronavirus vaccine insurance in an effort to win over sceptics and boost the vaccination rate. Mentioned in this podcast:ECB plans quarter-percentage point rate rise in July as ultra-loose policy endsChina offers Covid vaccine insurance to win over jab scepticsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/10/2022 • 10 minutes, 22 seconds

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SEC chair reviews ‘uneven’ US equities market

The chair of the US Securities and Exchange Commission has outlined plans to overhaul what he described as an “uneven” and unfair US equity market; pain in the US municipal debt market has started to subside after the worst start to the year in four decades. Plus, the FT’s Patricia Nilsson chats with Marc about the new FT podcast she co-hosts with global media editor Alex Barker, called “Hot Money: p*rn, power and profit”. Subscribe to the FT News Briefing oan Apple Podcasts or SpotifyMentioned in this podcast:SEC chief launches review of ‘uneven’ US equities marketBleeding stops in US muni bonds as investors seek slowdown protectionFT Podcast: Hot MoneyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/9/2022 • 9 minutes, 45 seconds

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Ukraine’s president: ‘Stalemate is not an option’

Ukrainian president Volodymyr Zelenskyy said a stalemate in the war with Russia was ‘not an option’, and the London Metal Exchange has been hit by two lawsuits over the nickel short squeeze fiasco in March. Plus, the FT’s Rana Foroohar and Ed Luce talk about how Democrats and US president Joe Biden can change the narrative on the economy as midterm elections approach. Mentioned in this podcast:Ukraine’s Zelensky says stalemate with Russia ‘not an option’LME hit by $450mn lawsuit from Elliott Management over nickel market chaosSign up for the Swamp Notes newsletter here The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. Th e FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/8/2022 • 8 minutes, 45 seconds

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Boris Johnson’s bruising no-confidence vote

Boris Johnson on Monday night survived a bruising no-confidence vote, and Elon Musk’s legal team has written to Twitter threatening to abort his $44bn acquisition. Plus, the FT’s Kiran Stacey reports on Big Techs’ big fight against an effort by US lawmakers to halt the practice of “self-preferencing”. Mentioned in this podcast:Weakened Johnson scrapes through after damaging confidence voteElon Musk threatens to abandon $44bn Twitter takeoverBig Tech pulls out all the stops to halt ‘self-preferencing’ antitrust billThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/7/2022 • 10 minutes, 13 seconds

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The war on ‘woke’ capitalism

ECB governing council members are expected to support a proposal to create a new bond-buying programme if needed to counter borrowing costs for member states spiralling out of control, and in the US more investors are rebelling against high executive pay at leading companies and some are targeting individual board directors, while rightwing populists and industry sceptics mount a backlash against what they call “woke capitalism.” Mentioned in this podcast:ECB to firm up plans to ward off bond market stressUS investors rebel against high executive payThe war on ‘woke capitalism’The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/6/2022 • 8 minutes, 47 seconds

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Behind the Money: Tether’s path to the spotlight

Behind the Money, our in-depth business podcast, has just relaunched! We wanted to share one of our most recent episodes. Follow the show on Apple Podcasts, Spotify, Stitcher or Acast.On this episode, we’re diving back into the world of stablecoins for part 2 of 2 in our miniseries on crypto. This time, it’s a story filled with troubled companies and a real life fire that sends a business up in smoke. With the help of FT reporters Kadhim Shubber and Siddharth Venkataramakrishnan, we dig into the professional histories of two executives who sit atop two of crypto’s most important businesses: stablecoin issuer Tether and exchange Bitfinex. Clips courtesy CSPANFor further reading: Tether’s CEO: from IT sales to calling the shots in crypto landTether: the former plastic surgeon behind the crypto reserve currencyThe week that shook cryptoOn Twitter, follow FT reporters Kadhim Shubber (@Kadhim), Siddharth Venkataramakrishnan (@SVR13) and Ethan Wu (@EthanYWu) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/5/2022 • 26 minutes, 2 seconds

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FT Weekend: Tina Brown and Simon Schama on the royal family

This weekend, we're marking the Queen's Platinum Jubilee with a spirited discussion on what’s next for the Windsors. Tina Brown, author The Palace Papers, speaks with historian Simon Schama and HTSI editor Jo Ellison about the state of the royal family. As Britain celebrates 70 years of Elizabeth II on the crown, what will the royal family look like over the next decade? We bring you this conversation from the recent US FT Weekend festival stage.--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – FT interview with Tina Brown, by Andrew Edgecliffe-Johnson: ‘Nobody is remotely real around royals’ https://on.ft.com/3v19UqW – Tina’s new book is called The Palace Papers: Inside the House of Windsor--the Truth and the Turmoil– Jo is on Twitter @jellison and Instagram @jellison22. Tina is On Twitter @TinaBrownLM. Simon is on Twitter @simon_schama.– You can watch the full interview with Tina, Jo and Simon by buying an on-demand pass to the FT Weekend festival: https://usftweekendfestival.live.ft.com/page/2064102/program  A few more great FT Weekend pieces on the Jubilee:– Simon Okotie: ‘Why, after all, I will celebrate the Jubilee’ https://on.ft.com/3xfTj3I – Sarfraz Manzoor: ‘A constant Queen for a changing realm’ https://on.ft.com/3zhkooK – Nilanjana Roy: ‘Elizabeth in India: the steel beneath the hats’ https://on.ft.com/38L5P1G —-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. If you have an iPhone and want to try FT Edit (eight pieces of journalism a day, handpicked by senior editors, for much less than an FT subscription), search ‘FT Edit’ in the App Store.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/4/2022 • 26 minutes, 13 seconds

FT News Briefing - Winamp (548)

Can Africa grow without fossil fuels?

Global investors are returning to China’s stock markets after a widespread sell-off earlier this year, and Opec and its allies on Thursday agreed to accelerate oil production in July and August. Plus, the FT’s David Pilling explains whether African countries can move away from fossil fuels and toward greener economies. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Investors return to Chinese stocks after Covid and geopolitics triggered sharp sell-offOpec agrees to accelerate oil production following US pressureCan Africa grow without fossil fuels?The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/3/2022 • 10 minutes, 36 seconds

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Russian business hit by tech sanctions

Export controls placed on supply of chips and hardware over Moscow's invasion of Ukraine dent the prospects for Russia's economy, and the US will provide Kyiv with longer-range rocket systems.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:‘Everything is gone’: Russian business hit hard by tech sanctionsWhat is America’s end-game for the war in Ukraine?US to provide Ukraine with longer-range rocket systemsPrice of a UK pint up more than 70% since financial crisisHave you changed your money habits recently in response to bad news about the economy? Send us a voice memo with your name, where you’re from and what you’re doing to [emailprotected] FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/2/2022 • 8 minutes, 21 seconds

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Hungary’s Viktor Orbán and his ‘superbank’

The head of EY’s US business quit the Big Four accounting firm after a power struggle with its global boss, and German police raided DWS and Deutsche Bank offices over allegations DWS misrepresented green investments. Plus, Hungary’s autocratic prime minister is trying to build a superbank to increase his financial control over the country. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EY’s US boss quit after clashing with global chief of Big Four firmGerman police raid DWS and Deutsche Bank over greenwashing allegationsThe Bank of Viktor OrbánThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

6/1/2022 • 9 minutes, 27 seconds

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Race at work since George Floyd

US chipmaker Qualcomm wants to build a stake in Arm alongside rivals, and how does commodities trader Glencore rescue its reputation after pleading guilty to multiple counts of bribery and market manipulation? Plus, Federica Cocco explains whether businesses are sticking to their diversity promises two years after the police murder of George Floyd. Mentioned in this podcast:Qualcomm eager to invest in Arm alongside rivals in upcoming IPO‘Bribery built into the corporate culture’: can Glencore rescue its reputation?Race at work: how hard are companies really trying?Have you changed your money habits recently in response to bad news about the economy? Send us a voice memo with your name, where you’re from and what you’re doing to [emailprotected] FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/31/2022 • 10 minutes, 37 seconds

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What’s the crypto vibe?

The FT podcast “Behind the Money” digs into whether the tide has really turned in cryptocurrencies, and whether crypto fans will have to deal with this new “vibe” for the long haul. Mentioned in this podcast:Behind the Money: A crypto vibe shift? The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/30/2022 • 9 minutes, 44 seconds

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FT Weekend: The story of a stolen cookbook. Plus, Elizabeth Strout

In the 1930s, Alice Urbach wrote a beloved cookbook in Vienna. But during the Holocaust it was stolen: Aryanized, peppered with Nazi ideology and republished under someone else's name. The publisher refused to change it back for more than 85 years. Alice got her intellectual rights restored by her granddaughter Karina Urbach, a historian, who joins us to tell the story. Afterwards, we bring you a conversation with Elizabeth Strout, Pulitzer Prize winning novelist, from our recent US FT Weekend festival. She’s in conversation with FT Globetrotter editor Rebecca Rose.--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –FT review of ‘Alice’s Book: How the Nazis stole my Grandmother’s Cookbook’, by Katrina Urbach https://on.ft.com/3z0D8bQ–A recent piece by Elizabeth Strout for the FT Weekend Magazine, on Judith Joy Ross’s photography: https://on.ft.com/3JdFF4U –Watch the whole FT Weekend Festival on demand here (paid): https://usftweekendfestival.live.ft.com/page/2064102/program —-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. If you have an iPhone and want to try FT Edit (eight pieces of journalism a day, handpicked by senior editors, for much less than an FT subscription), search ‘FT Edit’ in the App Store.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/28/2022 • 28 minutes, 49 seconds

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Guerilla. Economist. Colombia’s next president?

China has offered “a few hundred million dollars” in lending to Sri Lanka to help alleviate a shortage of essential goods, Wall Street investors got spooked by an earnings warning from Snap, and the FT traced a massive European bank sell-off to one fund manager. Plus, Colombia looks ready to elect a former guerilla turned economist as its next president. Mentioned in this podcast:China will help us weather financial crisis, says Sri Lanka’s prime ministerUS stocks fall on fears of slowing growthCapital Group’s European bank sell-off was driven by single fund managerHow the Colombia election could change Latin AmericaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/27/2022 • 10 minutes, 45 seconds

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Investing’s cults of personality

Hedge funds are trying to reposition themselves in the middle of this year’s heavy tech stock sell-off, and the director of the UN’s World Food Programme, David Beasley, explains how the war in Ukraine is causing a global food shortage. Plus, the FT’s Christian Davies tells the wild story of the guy behind the Luna cryptocurrency and its incredible downfall. Mentioned in this podcast:Gabe Plotkin’s Melvin Capital to wind down fundsThe mauling of Tiger Global$40bn crypto collapse turns South Korea against the ‘Lunatic’ leaderThe Rachman ReviewThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/26/2022 • 8 minutes, 58 seconds

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America’s hiring headache

Australia’s new prime minister met with world leaders to discuss climate change and Hungary’s prime minister declared an economic state of emergency. Plus, the FT’s Colby Smith visits the city of Atlanta to find how restaurant owners are managing to find staff in a red hot labour market.Mentioned in this podcast:Orbán declares state of emergency over crisis caused by Ukraine warAnthony Albanese sworn in as Australia’s prime minister​​America’s red-hot labour market: inflation undercuts jobs recoveryThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/25/2022 • 9 minutes, 25 seconds

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The end of globalisation at Davos

Three decades of globalisation risks are going into reverse, according to company executives and investors as world leaders meet in Davos for the first time since the coronavirus pandemic began, and Toshiba set a deadline of May 30 for additional bidders in what could be Japan’s largest private equity deal. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Business leaders warn that three-decade era of globalisation is endingToshiba reveals takeover interest as battle heats upThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/24/2022 • 9 minutes, 3 seconds

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Can Boeing’s move towards the Pentagon solve its problems?

Saudi Arabia has signalled it will stand by Russia as a member of the Opec+ group of oil producers, the former head of Russia’s second-biggest oil group has warned that an EU ban on Moscow’s crude would be “the most negative scenario” for all parties. Plus, the FT’s Peggy Hollinger discusses Boeing’s decision to move its headquarters to be near the Pentagon and DC and why many stakeholders are unhappy. Mentioned in this podcast:Boeing needs a stronger vision to bounce back from crisisSaudi Arabia signals support for Russia’s role in Opec+ Lukoil’s ex-chief warns against EU ban on ‘irreplaceable’ Russian oilThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/23/2022 • 9 minutes, 22 seconds

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FT Weekend: Why US abortion rights are under attack

It’s about to become much harder to find safe abortion care in America, in a country where some states already make it almost impossible. This week, we make sense of what’s happening and how we got here. Lilah speaks with Rhiannon Hamam, a Texas public defender and host of the popular show 5-4 (“a podcast about how much the Supreme Court sucks”) to make sense of Roe vs Wade, the seminal law that is expected to be overturned. Then, we pass the mic to three people providing abortion services in three states that will face some of the biggest changes: Wisconsin, Alabama and Illinois. They tell us what they’re seeing, and how they’re preparing for a post-Roe world.--------------Links and mentions from the episode: – You heard this week from Rhiannon Hamam, co-host of the podcast 5-4. Listen everywhere, or here: https://www.fivefourpod.com. Rhiannon is on Twitter at https://twitter.com/AywaRhiannon – Dr. Kristin Lyerly is an obstetrician and gynaecologist in Sheboygan, Wisconsin. She's on Twitter at https://twitter.com/kristinlyerly?lang=en– Robin Marty is author of ‘The New Handbook for a Post-Roe America’ and operation director of the West Alabama Women’s Center in Tuscaloosa. She recently wrote an op-ed for the FT: https://on.ft.com/3wr0HZK. You can find her on Twitter at https://twitter.com/robinmarty – Marie Khan is director of programs for the Midwest Access Coalition, a practical abortion fund. You can learn more about them at https://midwestaccesscoalition.org/ – Key coverage of the war in Ukraine is free to read: https://www.ft.com/freetoread--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. If you have an iPhone and want to try FT Edit, search ‘FT Edit’ in the app store.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner.Archival clip courtesy of CBS.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/21/2022 • 32 minutes, 45 seconds

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US tensions with Latin America are a boon for China

Canada is banning Chinese telecom giant Huawei from its 5G network, US plans to host the Summit of Americas are in disarray as Latin American heads of state refuse to attend. Plus, the California-based asset manager Pimco is trying to adapt to an era of rising interest rates and passive investing.Mentioned in this podcast:Canada to ban Chinese telecoms Huawei and ZTE from 5G networksUS summit struggles in Latin America are a boon to ChinaPimco: navigating the end of the bond bull marketThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.comCorrection: An earlier version of this podcast featured a guest mistaking Samsung for Huawei. This reference has been removed.  Hosted on Acast. See acast.com/privacy for more information.

5/20/2022 • 10 minutes, 57 seconds

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Why Ukraine and Russia are fighting over a teeny island

Wall Street stocks fell hard on Wednesday after the retailer Target warned that inflation and supply chain disruptions would hit profit margins, and we explain why a tiny island in the Black Sea is so important in the war in Ukraine. Plus, the FT’s Jude Webber explains why the United Kingdom wants to alter the Northern Ireland protocol from its Brexit trade agreement.  Mentioned in this podcast:UK will legislate to ‘fix’ N Ireland trade problems, says TrussMilitary briefing: why Russia and Ukraine are fighting over Snake IslandUS women’s football team agrees equal pay in milestone agreementThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.An early version of this episode misstated that the US men's national soccer team did not qualify for the 2022 World Cup. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/19/2022 • 8 minutes, 33 seconds

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Salary advancements: a double-edged sword?

Cash holdings among global fund managers have risen to their highest level since 9/11, China’s economic data show how badly the country is suffering from its Covid lockdowns. Plus, the FT’s employment columnist Sarah O’Connor says inflation hurts some workers more than others and salary advancement schemes aimed at helping struggling workers may not be a panacea. Mentioned in this podcast:Big investors increase cash holdings to highest levels since 9/11 attackBeware the promise of salary advance schemesChina’s economic activity plummets as Covid lockdowns hit growthThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/18/2022 • 8 minutes, 18 seconds

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Musk toys with Twitter deal at lower price

Elon Musk acknowledged on Monday that he would pay a lower price for Twitter, hedge fund Tiger Global has significantly cut back its shareholdings and dumped stakes in tech companies, wheat prices jumped after India banned exports, and McDonald’s will sell its business in Russia. Mentioned in this podcast:Elon Musk says different price for Twitter deal ‘not out of the question’Tiger Global slashes bets on tech groups after stock market sell-offWheat prices rise almost 6% as India export ban shakes marketsMcDonald’s to sell its Russian business over Ukraine warThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/17/2022 • 9 minutes, 22 seconds

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Behind the Money is back!

Behind the Money is back with all-new episodes! From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. The podcast returns May 25. You can follow the show now! Hosted on Acast. See acast.com/privacy for more information.

5/16/2022 • 1 minute, 21 seconds

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Francesca McDonagh heads to Credit Suisse

Brussels is set to cut its growth forecasts further and boost its inflation outlook, and Sweden will jettison 200 years of military non-alignment and apply to join Nato alongside its neighbour Finland. Plus, the FT’s Owen Walker talks about Credit Suisse’s high profile new hire, Francesca McDonagh.Mentioned in this podcast:Europe growth and inflation outlooks worsen as energy crisis hitsSweden and Finland to make Nato applications on ‘historic’ day for NordicsFrancesca McDonagh: banker with ‘steel in her spine’ heads to Credit SuisseGoldman Sachs says senior staff can take as much time off as they wantThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/16/2022 • 9 minutes, 54 seconds

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FT Weekend: How Shakespeare gave actor Michael Patrick Thornton his life back

This weekend, Lilah talks to actor Michael Patrick Thornton, who appears in the buzzy new Broadway production of Macbeth. When Michael was 24, he had a series of spinal cord strokes. Reciting Shakespeare's sonnets taught him how to breathe and speak again, and continue his career. Michael is at present the only actor on Broadway who uses a wheelchair. We ask him about the power of language and his role in the play (which also stars Daniel Craig and Ruth Negga). Then, we learn about Britain's top forensic artist from journalist Will Coldwell, and the techniques she uses to catch criminals — which include a jar of strawberry jam.--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Will’s profile of Melissa Dring, ‘To catch a criminal: what a forensic artist knows about the mind’: https://on.ft.com/3rw0lht – Michael Patrick Thornton’s theatre company, The Gift: https://thegifttheatre.org/ – Macbeth – starring Daniel Craig, Ruth Negga and Michael – is on Broadway’s Longacre Theatre until July 10– Michael is on Twitter @ThorntonMPT, and Will is on Twitter at @Will_Coldwell– Select coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. If you have an iPhone and want to try FT Edit (eight pieces of journalism a day, handpicked by senior editors, for much less than an FT subscription), search ‘FT Edit’ in the App Store.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/14/2022 • 33 minutes, 5 seconds

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Stablecoins aren’t so stable after all

Norway’s oil fund has slammed “corporate greed” and excessive executive pay, some former Ukrainian officials believe their forces could push Russian troops out before the end of the year, and Jay Powell was confirmed for a second term as chair of the Federal Reserve. Plus, the FT’s Katie Martin explains how cryptocurrencies’ latest meltdown could spill into normal markets like stocks and bonds. Mentioned in this podcast:Norwegian oil fund denounces ‘corporate greed’ over executive payMilitary briefing: can Ukraine push the Russian army from the country?What happens in crypto may not stay in crypto this time aroundCrypto industry shaken as Tether’s dollar peg snapsPowell confirmed by Senate for second term as Fed chairThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/13/2022 • 9 minutes, 31 seconds

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Ping An calls for HSBC break-up

Description: Turkish authorities have raised the pressure on the country’s banks to limit corporate clients’ purchases of foreign currency, US consumer prices rose at an annual pace of 8.3 per cent last month, and the EU will have to spend close to €200bn in the next five years to secure energy independence from Russia. Plus, the FT’s Tabby Kinder explains why HSBC’s biggest shareholder is pressuring the bank to split up. Mentioned in this podcast:Turkey dials up the pressure on banks as lira slidesUS inflation stays at 40-year high defying expectations of bigger dropEU warns of €195bn cost to free bloc from Russian energyPeter Ma: China’s shy insurance tycoon bursts into the limelightSaudi Aramco overtakes Apple as the world’s most valuable companyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/12/2022 • 9 minutes, 47 seconds

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Musk would let Trump back on Twitter

Tesla CEO Elon Musk has said he would reverse Twitter’s ban on Donald Trump, and all but one of the global investment banks in China finally managed to eke out a profit last year. Plus, a look at the new president of the Philippines, Ferdinand “Bongbong” Marcos Jr.  Mentioned in this podcast:Musk says he would reverse Trump’s Twitter ban, calling it ‘foolish’ and ‘morally wrong’Global investment banks in China finally turn a profitThe Marcos revival: how late Philippine dictator’s son went from exile to election favouriteThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/11/2022 • 9 minutes, 37 seconds

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Sinn Féin’s historic victory

Volkswagen chief Herbert Diess has called for the EU to pursue a negotiated settlement to the Ukraine War for the sake of Europe’s economy, Goldman Sachs has paused new Spac offerings, and an historic election victory by Northern Ireland’s Sinn Féin Party has overturned more than a century of unionist dominance in the region.Mentioned in this podcast:Emerging markets hit by ‘toxic’ mix of rising rates and slower growthVW chief’s call for settlement to end war draws outrage from KyivGoldman Sachs pauses work on new Spacs after SEC takes tougher stanceSinn Féin wins historic victory in Northern IrelandThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/10/2022 • 9 minutes, 26 seconds

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The cost of China’s zero-Covid lockdown

Xi Jinping’s renewed commitment to zero-Covid policy rattles investors in China, Africa’s top Covid vaccine plant faces an uncertain future after production halt, and plant-based meat maker Impossible Foods claims a rival, Motif, has infringed its patent on a beef-replica product.Subscribe to the FT News Briefing oan Apple Podcasts or SpotifyMentioned in this podcast:Defence companies face supply snags as demand for US weapons risesXi Jinping’s renewed commitment to zero-Covid rattles markets in ChinaAfrica’s top Covid vaccine plant faces uncertain future after production haltedPlant-based meat groups in court battle over taste of their productsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/9/2022 • 10 minutes, 4 seconds

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US-China Tech Race: The great decoupling

In the final episode of this season of Tech Tonic, we ask if the growing tensions between the US and China could split the world into two competing technological spheres. It has been dubbed 'the great decoupling'. Some in the US want to see Chinese companies cut off from American investment, while hawkish factions in China have been fighting for a more self-sufficient and nationalistic tech sector. But what would decoupling really look like? And is it even possible? Presented by James Kynge, this episode features interviews with Lillian Li (author of Chinese Characteristics newsletter), Paul Triolo (senior vice-president of Albright Stonebridge Group), Roger Robinson Jr (president and founder of RWR Advisory) and Kevin Rudd (former prime minister of Australia and president of the Asia Society)Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Tom Griggs. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC Check out stories and up-to-the-minute news from the FT’s technology team at  ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months. Hosted on Acast. See acast.com/privacy for more information.

5/8/2022 • 26 minutes, 3 seconds

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FT Weekend: 'Everything Everywhere All at Once' with Daniels

This week, Lilah interviews Everything Everywhere All at Once directors Daniel Kwan and Daniel Scheinert, also known as Daniels. Their film, starring Michelle Yeoh and Jamie Lee Curtis, has received rave reviews for successfully combining genres from indie comedy to sci-fi to kung fu. Then our colleagues Leo Lewis and Eri Sugiura join us from Tokyo to explain Japan's succession crisis. Small and medium-sized companies employ 80 per cent of people in the country, but many owners’ children do not want to inherit the family business. --------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Everything Everywhere All At Once is out now in the US. It will be released in the UK on Friday 13th May. The trailer is here: https://www.youtube.com/watch?v=wxN1T1uxQ2g – You can follow Daniels on Twitter @daniels. –Leo and Eri’s FT Magazine piece, ‘The pervasive succession crisis threatening Japan’s economy’: https://www.ft.com/content/dc5c19f7-5f4b-4bf5-809a-f46859fb5c39  –Leo Lewis’ piece on Japan’s ageing population and the plunging yen: https://www.ft.com/content/c18281da-3036-4b50-9757-334ad3a82620 –Eri Sugiura on Kyoto’s empty house tax, a story she broke in February about how Japan is dealing with a declining population https://www.ft.com/content/9b87824b-f9a2-4098-8f59-345e174ec736 – Leo is on Twitter at @Urbandirt, and Eri is at @SugiuraEri. –Select coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.  Hosted on Acast. See acast.com/privacy for more information.

5/7/2022 • 32 minutes, 20 seconds

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London’s push to control the British Virgin Islands

Wall Street stocks suffered steep declines on Thursday with the Nasdaq’s biggest fall since 2020 and the Bank of England has warned that the UK economy will slide into recession this year. Plus, the FT’s Latin America editor, Michael Stott, explains why the British Virgin Islands is rejecting a push for direct rule from London. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Nasdaq tumbles 5% in sharpest fall since 2020British Virgin Islands premier rejects direct rule from LondonBank of England warns of UK recession this year as it lifts interest rateThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/6/2022 • 9 minutes, 50 seconds

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Markets sing after Federal Reserve raises rates

The US Federal Reserve raised its benchmark policy rate by half a percentage point for the first time since 2000, the European Union is trying to ban almost all imports of Russian oil, and the FT’s Ben Hall explains why Russia is making nominal military progress in Ukraine. Mentioned in this podcast:Hungary holds up EU plan to ban imports of Russian oilFed implements first half-point interest rate rise since 2000Military briefing: ‘anaemic’ Russian advance heralds long attrition warThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/5/2022 • 11 minutes, 2 seconds

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Draghi urges EU to abandon unanimity requirement

BP recorded its highest quarterly earnings in more than a decade, Italy’s prime minister, Mario Draghi, called on Brussels to abandon the requirement for unanimity on foreign policy decisions, and Biogen’s chief executive will step down following the disastrous launch of the company’s Alzheimer’s drug. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:BP’s bumper earnings stoke new calls for windfall taxMario Draghi calls for an end to EU unanimity on foreign policy decisionsBiogen chief steps down after Alzheimer’s drug flops Tiger Global slumps more than 40% in first four months of 2022The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/4/2022 • 8 minutes, 27 seconds

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Federal Reserve poised to raise rates a half-percent

Amazon workers at a warehouse in New York have rejected efforts to form a union, the US Federal Reserve is poised to make its first half-percentage point rise since 2000, and Danish turbine maker Vestas reported bigger than expected losses and confirmed the impact of the war in Ukraine on the industry.  Mentioned in this podcast:Amazon union dealt a setback as it loses vote at second NY warehouseFed reaches for its ‘hatchet’ as it attacks galloping inflationVestas warns war in Ukraine will add to wind industry slowdownShipping heavyweight Japan tables carbon tax proposal for the industryThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/3/2022 • 9 minutes, 19 seconds

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Italy’s tough new approach to Russia

Italy’s tough new approach to Russia marks one of the biggest foreign policy shifts in Europe in years, Germany has called for a phased-in ban on Russian oil imports into the EU, and investors have written to the boards of leading food companies to show shareholder concern about nutrition and obesity.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU steps up action on Russian oil sanctions Revulsion at Ukraine War ends Rome’s old amity with Moscow Investors push Nestlé and Kraft Heinz to set new health targetsArcelorMittal successfully tests use of green hydrogen at Canadian plantThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

5/2/2022 • 8 minutes, 55 seconds

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US-China Tech Race: brave new world

In this episode of Tech Tonic, how a mysterious death in Belgrade prompted Serbia to embrace Chinese surveillance technology, raising concerns among Serbian human rights and privacy activists. They’ve been fighting back against the Serbian government’s use of Huawei facial recognition tech in public spaces. But Serbia is just one of many countries around the world that’s adopted this cutting-edge Chinese mass monitoring equipment. What does it tell us about the spread of Chinese influence around the world?Presented by James Kynge, this episode features interviews with Danilo Krivokapic (director, Share Foundation), Andrej Petrovski (director of tech, Share Foundation), Stefan Vladisavljev (programme co-ordinator, Belgrade Fund for Political Excellence), Wang Huiyao (director, Beijing Center for Globalisation) and Wawa Wang (director, Just Finance).Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Special thanks to Marton Dunai and Bojan Radic. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.Read James Kynge, Valerie Hopkins, Helen Warrell and Kathrin Hille’s previous reporting on Chinese surveillance tech in the Balkans: https://www.ft.com/content/76fdac7c-7076-47a4-bcb0-7e75af0aadabNews clips credits: PBS, CNBC, CGNT, DW, Moconomy, BBCCheck out stories and up-to-the-minute news from the FT’s technology team at  ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months. Hosted on Acast. See acast.com/privacy for more information.

5/1/2022 • 27 minutes, 54 seconds

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FT Weekend: Morality in the Twitter era. Plus: China’s language revolution

This weekend, we think about morality in the age of social media. According to writer Dan Brooks, we're great at pointing out where good is missing, but we’ve forgotten how to be good people. Then, Yale professor Jing Tsu tells us the story of how China standardised its complex language of 80,000 characters into something that could fit on a keyboard. It wasn’t easy, but it helped make the country the global digital superpower that it is today.--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Dan Brooks’ FT Magazine piece, ‘What we need now that social media has fully weaponized morality’: https://on.ft.com/3LyIE9c –The dreaded tweet that inspired Dan’s piece: https://twitter.com/mimismartypants/status/1498332885362823170 –Jing’s book is called Kingdom of Characters. The FT’s review is here: https://on.ft.com/3nJqzey –Jing’s 2020 piece for the FT, ‘Why sci-fi could be the secret weapon in China’s soft-power arsenal’: https://on.ft.com/3y2WbBF –Dan Brooks is on Twitter @dangerbrooks, and Jing Tsu is at @tsu_jing. –Tech Tonic Season 3, about the US/China tech race, is available now. Listen wherever you get your podcasts, or at https://www.ft.com/tech-tonic –Select coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.--------------Original music by Metaphor Music. Mixing and sound design by Tommy Bazarian.  Hosted on Acast. See acast.com/privacy for more information.

4/30/2022 • 30 minutes, 43 seconds

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Yen sinks as dollar rises to 20-year high

The US dollar surged to its highest level in two decades on Thursday, the US economy contracted unexpectedly in the first quarter, Twitter admits an ‘error’ in audience figures for the past three years, and Amazon shares fell after the company said it expects revenue growth to remain sluggish. Mentioned in this podcast:Falling sales and high costs weigh down Amazon earningsUS economy contracts for first time since mid-2020Dollar surges to highest level in 20 yearsTwitter admits overstating audience figures for 3 years The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/29/2022 • 10 minutes, 21 seconds

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Putin’s economic war on Europe

EU leaders accused Moscow of “blackmail” over gas exports, and Spotify tries to distance itself from Netflix after reporting decent quarterly earnings. Plus, the FT’s Owen Walker explains how Credit Suisse shakes up its top executives to shake off mega scandals.  Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:European gas prices soar after Gazprom halts supplies to Poland and BulgariaSpotify chief distances music streaming group from NetflixCredit Suisse overhauls top executive teamThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/28/2022 • 9 minutes, 49 seconds

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China’s moves in the South Pacific

US tech stocks fell to their lowest level in more than a year, the Brexit trade deal has caused a “steep decline” in UK trade with the EU, Chinese businesses have scoured the globe for important strips of land including islands in the South Pacific. Mentioned in this podcast:Alphabet earnings decline as online advertising momentum slowsUK-EU trade relationships tumble after BrexitThe Chinese companies trying to buy strategic islandsUS steps up efforts to court Solomon Islands after China security dealPodcast surveyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/27/2022 • 9 minutes, 46 seconds

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Twitter CEO Elon Musk?

EU member states are looking at whether to impose a ceiling on what they would pay for Russian oil as a way to hit Kremlin revenues, Twitter’s board has accepted a roughly $44bn offer to sell the company to Elon Musk that would result in the world’s richest man seizing control of the influential social media platform, and French President Emmanuel Macron faces much tougher challenges in his second term in office. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU weighs cap on price paid for Russian oil as way to hit Kremlin revenuesTwitter accepts Elon Musk’s $44bn takeover offerMacron faces a complex economic juggling actThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/26/2022 • 8 minutes, 57 seconds

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Emmanuel Macron elected to second term as French president

Emmanuel Macron has been elected for a second term as president of France, the EU will force Big Tech to police content online more aggressively after approving a major piece of legislation, and Sri Lanka is working with the major multilateral agencies on ways to salvage the country from the current economic meltdown Mentioned in this podcast:EU approves groundbreaking new rules to police Big Tech Emmanuel Macron set to be re-elected in FranceUN asks Sri Lanka to negotiate ‘debt-for-nature’ swaps to ease economic meltdownThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/25/2022 • 11 minutes, 9 seconds

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US-China Tech Race: Shock and Awe

In the latest episode of this Tech Tonic season about US-China tech rivalry, the FT’s US-China correspondent Demetri Sevastopulo tells the inside story of his scoop on China’s secret hypersonic weapon test and how it changed geopolitics. We hear about the new space race between China and the US, including powerful satellite-destroying missiles and the pursuit of commercial space capabilities. Could China and the US ever co-operate on space exploration or are we seeing the dawn of a new space race?Presented by James Kynge, the FT’s global China editor, this episode features interviews with US congressman Mike Gallagher; Todd Harrison, director of the Aerospace Security Project at the Center for Strategic and International Studies; and Robert Zubrin, president of the Mars Society.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months.Hosted by James Kynge. Interview with congressman Mike Gallagher conducted by Demetri Sevastopulo. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/24/2022 • 28 minutes, 40 seconds

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FT Weekend: The good life, with chefs Daniel Humm and Alice Waters

This weekend we’re returning to the first-ever episode of the FT Weekend podcast, from September. Lilah talks to Eleven Madison Park’s Daniel Humm and Chez Panisse’s legendary Alice Waters to discover how the world’s top chefs are finding purpose beyond their restaurants. Humm created a buzz in May when he announced that his world-famous restaurant would be going entirely plant-based. Has that risk paid off? And what does it mean to do good as a chef? Plus: the FT’s design critic Edwin Heathcote gives us a tour of the world’s most vengeful architecture, and reporter Madison Darbyshire shares tips for how to furnish your home with old things. Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. —----------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.Links from the episode Lilah’s piece on chefs: https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699  Edwin on the architecture of spite: https://www.ft.com/content/1161fbbe-5ae1-4328-bf59-dcd8b1d6564f Madison’s masterclass in flea-market chic: https://www.ft.com/content/6c8bf8a2-ddee-11e9-9743-db5a370481bc  Sound design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

4/23/2022 • 26 minutes, 11 seconds

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Introducing: the FT Climate Game

Elon Musk unveiled a $46.5bn financing package to fund his takeover bid for Twitter, Netflix lost close to 40 per cent of its market value after revealing that its once-blistering subscriber growth had gone into reverse, Fed Chair Jay Powell signalled the Fed could raise rates by a half point in May, the FT’s Climate Game allows players to try and save the planet from the worst effects of climate change. Mentioned in this podcast:Elon Musk unveils $46.5bn financing package to fund Twitter bidNo, you did not see the Netflix mess coming Powell signals Fed is prepared to raise rates by a half-point in MayBill Ackman sells entire Netflix stake at roughly $400mn lossThe climate game: can you reach net zero by 2050?FT Podcast SurveyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/22/2022 • 11 minutes, 41 seconds

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Algeria struggles to meet Europe’s rising demand for gas

FT correspondents provide insight on the latest developments in Ukraine, why Algeria cannot supply more energy to meet Europe’s demand, and US airlines respond to a judge’s decision to strike down a mask mandate for transport. Mentioned in this podcast:Mexico nationalises lithium in populist president’s push to extend state controlAlgeria struggles to meet rising demand for its gas after Russian invasion of UkraineCovid travel mask ruling threatens to tie CDC’s hands on future pandemicsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/21/2022 • 8 minutes, 34 seconds

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Who will back Elon Musk?

Elon Musk’s $43bn bid to take Twitter private is struggling to draw interest from private equity groups, Netflix shares tumbled on Tuesday after its first quarter earnings report, and the International Monetary Fund has cut its global growth forecast. Plus, the journalist Neri Zilber explains how Israel is handling an influx of immigrants leaving their countries because of the war in Ukraine.  Mentioned in this podcast:Big buyout groups rule out writing equity cheque for Musk’s $43bn Twitter bidNetflix sheds subscribers for the first time in a decadeIMF cuts global growth forecast to 3.6% as Ukraine war hits neighbours hardUkraine conflict sparks biggest influx of immigrants to Israel in decadesPodcast surveyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/20/2022 • 9 minutes, 44 seconds

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US Treasury ‘real yields’ about to eclipse inflation expectations

Bank of America gave a bullish revenue outlook as the second-largest US lender reported better than expected earnings, and Mexico’s opposition politicians helped defeat a radical energy reform bill backed by President López Obrador. Plus, the FT’s Eric Platt explains why real yields on US treasury bonds are nearing positive territory and what it means for other financial markets. Mentioned in this podcast:Fed policy tightening sends US ‘real yields’ to brink of positive territoryBofA offers rosy revenue outlook as lending rebound boosts resultsMexican president’s radical energy reform defeated in congressThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/19/2022 • 10 minutes, 22 seconds

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A year after Greensill Capital’s collapse

Many people with lingering symptoms of Covid-19 struggle to work or have been forced to leave the workforce entirely. Plus, the FT’s capital markets correspondent, Robert Smith, talks about the lessons learned from the collapse of Greensill Capital a year later. Mentioned in this podcast:Long Covid: the invisible public health crisis fuelling labour shortagesThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/18/2022 • 10 minutes, 49 seconds

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US-China Tech Race: Chips with Everything

Our latest season of Tech Tonic continues, with a deep dive into the semiconductor industry and Taiwan’s unique position as a bastion of computer-chip talent. James Kynge, the FT’s global China editor, looks into the unintended consequences of the race for semiconductor dominance. We hear from Chad Duffy, a Taipei-based cybersecurity expert who helped uncover a major hack on Taiwanese semiconductor manufacturers. James talks to Dan Wang, an analyst with the Shanghai-based Gavekal Dragonomics, about China’s chip strategy, and Stephen Orlins, a rare dissenting voice in Washington who questions the efficacy of a US blacklist of Chinese tech companies desperate for US-designed chips. Plus, Annie Ting-Fang and Lauly Li, who cover the semiconductor industry for Nikkei Asia, give us the inside track on how China has been scooping up Taiwanese semiconductor engineers.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technologyFor a special discounted FT subscription go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months.Presented by James Kynge. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC Hosted on Acast. See acast.com/privacy for more information.

4/17/2022 • 25 minutes, 58 seconds

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FT Weekend: The story behind one of reggae’s most sampled songs

This week, we bring our classic Life of a Song series to your ears, with the dramatic story behind 'Bam Bam', Sister Nancy's reggae dancehall classic. Despite being one of the most sampled reggae tracks of all time, it didn't make Sister Nancy a penny for more than 30 years, Alice Kemp-Habib tells us. Then, undercover economist Tim Harford teaches us how to think about failure. What can we learn from an early 2000s Broadway flop that went on to win a Tony award?--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Life of a Song, ‘Bam Bam – said to be the most sampled reggae track of all time’: https://ig.ft.com/life-of-a-song/bam-bam.html –To learn more about reggae and dancehall music, Alice recommends Inna de Yard: Soul of Jamaica (2019) directed by Peter Webber. Here’s the Spotify playlist –Tim’s podcast is called Cautionary Tales. Listen wherever you get your podcasts, or at https://www.pushkin.fm/show/cautionary-tales/ –Tim’s latest Undercover Economist column for FT Magazine, ‘The lesson humble sea urchins offer about resilience’: https://on.ft.com/3Ectq6S –Volumes 1 and 2 of The Life of A Song: The fascinating stories behind 50 of the world’s best loved songs are available in bookshops. A paperback of both volumes together will be out in August.–Alice is on Twitter at ​​@Alice_Khabib. Tim is on Twitter at @TimHarford.–Key coverage of the war in Ukraine is free to read at https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC! To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 50% off.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner.Clips from:”Bam Bam," courtesy Observer Music”Le’ts Go to Zion," courtesy Studio One Records”Zungguzungguguzungguzeng," courtesy Greensleeves Records“Revolution," courtesy VP Records“Tear Off Mi Garment," courtesy UMG Recordings“Scenes From an Italian Restaurant,” courtesy BMG Music Entertainment Hosted on Acast. See acast.com/privacy for more information.

4/16/2022 • 33 minutes, 20 seconds

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Is the US headed for a recession?

US president Joe Biden announced yesterday he would send $800mn in additional military aid to Ukraine, the FT’s John Paul Rathbone outlines Russia’s changing military strategy, and our US financial commentator, Robert Armstrong, unpacks the debate over whether the US economy is heading into a recession. Mentioned in this podcast:Recession whispers grow louderRecession whispers, part 2Military briefing: Ukraine and Russia prepare for defining Donbas battleUS to provide $800mn in new military aid to UkraineThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/14/2022 • 10 minutes, 5 seconds

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Volkswagen’s U-turn

Stockpiles of some of the world’s most important industrial metals have dropped to critically low levels, US banks start reporting quarterly earnings today and Boris Johnson has become the first British prime minister to commit a criminal offence. Plus, the FT’s Frankfurt correspondent, Joe Miller, explains why Volkwagen is pivoting its strategy away from growth and toward profit. Mentioned in this podcast:Metal stockpiles shrink as energy prices hit productionUS banks set for big hit to revenues as dealmaking dries upVW to scrap dozens of models to focus on profitabilityThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/13/2022 • 8 minutes, 49 seconds

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The rise of conservative shareholder activism

Investors are bracing for another tough report on US inflation, Putin’s war in Ukraine has sparked an exodus of educated professionals from Russia and could worsen the country’s population decline, and conservative shareholder activists in the US have filed a record number of proposals this year as they try to counter what they call “woke-ism” in corporate America. Mentioned in this podcast:Ukraine war threatens to deepen Russia’s demographic crisisPolitical proxies: conservative activists file record shareholder proposalsEpic Games secures $2 bn in funding from Lego and Sony to build gaming metaverseThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/12/2022 • 9 minutes, 45 seconds

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A French presidential election rematch

Incumbent Emmanuel Macron and far-right candidate Marine Le Pen will advance to the final round of voting after yesterday’s first round of the French presidential election, and Stefania Palma explains the big themes that have emerged from the 1MDB scandal. Plus, the FT’s Asia financial correspondent, Tabby Kinder, explains why China is changing its audit secrecy rules. Mentioned in this podcast:Emmanuel Macron to face Marine Le Pen in French election run-offEx-Goldman banker Roger Ng found guilty in 1MDB fraud trialChina changes audit secrecy rules in bid to stop US delistingsImran Khan ousted as Pakistan’s leader in vote of no confidenceThe French election webinar: Race to the Finish The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/11/2022 • 9 minutes, 50 seconds

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US-China Tech Race: Spies and Lies (Part Two)

In the second episode of this season of Tech Tonic, James Kynge, the FT’s Global China Editor, asks how significant Chinese intellectual property theft has been to the country’s rise as a global tech superpower.We hear from an FBI agent based in Silicon Valley whose job is to prevent the theft of trade secrets, and ask whether China’s ‘talent programmes’, under which Beijing funds scientists and engineers around the world, are actually spy recruitment networks or whether they are genuine attempts to lure home professionals and plug China’s talent gap. Experts are warning the growing distrust between the US and China could put the future of scientific and technological exchange at risk.Featuring interviews with Nick Shenkin, FBI special agent and director of the Strategic Technology Task Force for the FBI's San Francisco field office; an interview between the FT’s Demetri Sevastopulo and Michael Orlando, acting director of the US National Counterintelligence and Security Center; Rui Ma, China tech analyst and creator of the Tech Buzz China podcast; Wang Huiyao, founder and president of Center for China and Globalization in Beijing; Winston Ma, author and adjunct professor at the NYU law school; and Gisela Kusakawa, assistant director at the Anti-Racial Profiling Project at Asian Americans Advancing Justice.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technologyFor a special, discounted FT subscription, go to https://www.ft.com/techtonicsaleAnd check out FT Edit, the new iPhone app that shares the best of FT journalism, hand-picked by senior editors to inform, explain and surprise. It’s free for the first month and 99p a month for the next six months.Presented by James Kynge. Interview with Michael Orlando conducted by Demetri Sevastopulo. Edwin Lane is senior producer. Josh Gabert-Doyon is producer. Manuela Saragosa is executive producer. Sound design is by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: NBC, Global News, Micron, The Oregonian Hosted on Acast. See acast.com/privacy for more information.

4/10/2022 • 30 minutes, 37 seconds

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FT Weekend: How Cameo is changing celebrity. Plus: designing your home

This weekend, we delve into the world of celebrity via the app Cameo. What does it mean that we can now pay celebrities to send us personalised video greetings? And how has our interaction with famous people shifted over the last decade? Lilah talks to gaming critic Tom Faber about the ethics and absurdities of fame in 2022. Then, interior design columnist Luke Edward Hall gives us his top tips on making your home really feel like yours.--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Tom Faber on Cameo: https://on.ft.com/3FIF7kF –Luke Edward Hall on the magic of your own murals: https://on.ft.com/3jjN4UY –Luke’s five design principals: https://on.ft.com/2OZGXcH –Luke Edward Hall is on Instagram at @lukeedwardhall, and Tom Faber is on Twitter at @_TomFaber–Key coverage of the war in Ukraine is free to read: https://www.ft.com/freetoread—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast. If you have an iPhone and want to try FT Edit, search ‘FT Edit’ in the app store.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC. To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 10% off.--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

4/9/2022 • 26 minutes, 5 seconds

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Will sanctions create a backlash against the dollar?

French bank shares and bonds were rattled this week after the recent poll showed stronger results for right-wing French presidential candidate, Marine Le Pen.Aluminium producer Rusal became the first Russian company to publicly call for an investigation into the alleged war crimes in the Ukrainian town of Bucha, and FT markets editor, Katie Martin, discusses whether sanctions against Russia might affect the global dominance of the US dollar. Mentioned in this podcast:Le Pen’s poll surge rattles French bonds and bank stocksRussian aluminium producer Rusal calls for Bucha war crimes investigationFinancial warfare: will there be a backlash against the dollar?FTNB: Russia’s war on Ukraine boosts China’s financial ambitionsKetanji Brown Jackson confirmed for US Supreme Court seatThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/8/2022 • 8 minutes, 12 seconds

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Did AutoX risk safety to look good for investors?

The US has imposed its most severe level of sanctions on Russia’s Sberbank and Alfa-Bank, and Brazil might have finally settled on a chief executive for Petrobras. Plus, the FT’s China correspondent, Eleanor Olcott, spoke to staff at a Chinese autonomous vehicle company who say AutoX conducted risky test drives in a push for better data and investment.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US imposes ‘severe’ sanctions on Russian banks after Bucha atrocitiesPetrobras faces fresh turmoil as Brazilian government’s pick for chief withdrawsWhy Chinese driverless car company AutoX disengaged its safety featuresApple App Store: FT EditThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/7/2022 • 8 minutes, 54 seconds

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Shanghai lockdown forces bankers to camp in offices

US and eurozone government debt sold off on Tuesday as traders weighed the prospect of stronger sanctions against Russia and comments from a top policymaker at the Federal Reserve signalling more aggressive action, President Joe Biden announces US, UK and Australia co-operation on hypersonic weapons, and in China’s financial hub, Shanghai, there are signs of growing public anger at the government’s stringent zero-Covid lockdown measures. Mentioned in this podcast:Government debt hit as traders weigh prospect of further Russia sanctionsBiden to announce US, UK and Australia co-operation on hypersonic weaponsShanghai extends Covid lockdown measures despite economic concernsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/6/2022 • 9 minutes, 43 seconds

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Atrocities prompt more calls to ban Russian energy

The venerable venture capital firm, Sequoia Capital, has announced a change in leadership, Elon Musk has bought a nearly-10 per cent stake in Twitter, French president Emmanual Macron has called for a ban on Russian oil and coal. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU moves closer to boycott of Russian energyTwitter/Elon Musk: social media star becomes social media ownerHuawei faces dilemma over Russia links that risk further US sanctionsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/5/2022 • 9 minutes, 32 seconds

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EU prepares new sanctions after reports of Russian atrocities

EU prepares more sanctions against Russia after apparent atrocities near Kyiv, French president Emmanuel Macron has warned his supporters not to assume that he will win a second term in this month’s election, and international auditors are resigning from China’s heavily indebted property developers.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU prepares more sanctions against Russia after apparent atrocities near KyivBig Four under growing pressure as Chinese developers delay auditsFrance votes: Macron’s frontrunner status conceals deep rifts in societyLimited offer: 50 per cent off a digital subscription to FT.com The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/4/2022 • 9 minutes, 36 seconds

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FT Weekend: Poet Maria Stepanova. Plus, Inside the FT newsroom

This week, guest host Marc Filippino discusses the FT's war coverage in Ukraine with our Editor, Roula Khalaf. How does a news organisation make decisions during wartime? Then Marc talks with Maria Stepanova, author of In Memory of Memory, which was short-listed for the Booker Prize last year. Maria tells us why so many intellectuals are leaving Russia and what it’s like to be Russian and against the war.—-------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC. To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 10% off.--------------Links and mentions from the episode: –Key coverage of the war in Ukraine is free to read: https://www.ft.com/content/77ab8dcf-cb02-4e57-aff0-85c8a84f5a1f  -In late March the FT published an exchange on NATO’s red lines between our Chief Economics Commentator Martin Wolf and Chief Foreign Affairs Commentator Gideon Rachman: https://www.ft.com/content/7640ea89-cc1f-4e41-a64f-95e88de19454–Maria Stepanova, ‘The War of Putin’s Imagination’: https://www.ft.com/content/c2797437-5d3f-466a-bc63-2a1725aa57a5–Maria’s International Booker Prize shortlisted novel is called ‘In Memory of Memory.’ Here’s a quick review we ran when it first appeared in English: https://www.ft.com/content/bad0513d-f67c-4e0e-9b2d-962040fa6422–This weekend’s FT Magazine cover story, ‘21 days in Ukraine: a diary’: https://www.ft.com/content/391232c8-b05c-480f-a189-4e9e21d1bd4a#comments-anchor –You can also keep up with FT coverage by following @financialtimes on Instagram and Twitter. –Marc Fillipino is on Twitter at @mfilippino and hosts the FT News Briefing. You can listen at the following link, or by searching for ‘FT News Briefing’ wherever you get your podcasts: https://www.ft.com/ft-news-briefing --------------Original music by Metaphor Music. Mixing and sound design by Garrett Tiedemann.   Hosted on Acast. See acast.com/privacy for more information.

4/2/2022 • 30 minutes, 42 seconds

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Biden’s move to lower oil prices

The White House announced a “historic release” of about 180mn barrels of oil from the US emergency stockpile in an attempt to cool oil prices, and the two-year Treasury yield this week rose above the 10-year Treasuries for the first time since 2019. FT markets editor, Katie Martin, explains what this signals for the US economy.Mentioned in this podcast:US orders biggest ever release from Strategic Petroleum ReserveUS yield curve inverts in possible recession signal US bonds: don’t fret about inversion yet Limited offer: 50 per cent off a digital subscription to FT.com The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

4/1/2022 • 8 minutes, 53 seconds

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Russia squeezes Germany over gas

SoftBank will slow down further investments amid a scramble for cash, journalist and “Putin’s People” author Catherine Belton talks about the impact sanctions are having on Russian oligarchs. Plus, the FT’s Frankfurt bureau chief, Martin Arnold, talks about Russia’s threat to halt gas shipments to Germany and what that could do to the German economy. Mentioned in this podcast:Softbank to slow investments after crash in tech holdingsGermany takes step towards gas rationing over payments standoff with Russia Journalist Catherine Belton on Rachman Review podcast Limited offer: 50 per cent off a digital subscription to FT.com The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/31/2022 • 10 minutes, 30 seconds

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The global impact of Putin’s war

Russia has decided to “dramatically” scale back its military activities in the Kyiv area, and Barclays faces a £450mn hit after the bank mistakenly issued $15bn-worth more of financial products in the US than it had permission to do so. Plus, the FT’s chief economics commentator, Martin Wolf, explains how the war in Ukraine is further disrupting the global economy. Mentioned in this podcast:Russia says it will ‘dramatically reduce’ military activity around KyivThe VXX plot thickens with Barclays’ £450m structured notes lossPutin’s war demands a concerted global economic responseLimited offer: 50 per cent off a digital subscription to FT.com The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/30/2022 • 9 minutes, 13 seconds

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Can the Kremlin track me?

Russia’s biggest internet company has embedded code into apps found on mobile devices that allows information about millions of users to be sent to servers located in the country, the yen dropped to a seven-year low on Monday as the Bank of Japan bucked the global trend for tighter monetary policy, and China’s patchy vaccination campaign has left half of its elderly population exposed to a higher risk of severe Covid-19. Mentioned in this podcast:Russian tech giant’s data harvesting raises security concernsYen hits 7-year low after Bank of Japan sticks to stimulusChina’s patchy vaccine campaign leaves half of older citizens at riskLimited offer: 50 per cent off a digital subscription to FT.com The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/29/2022 • 9 minutes, 30 seconds

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Introducing Tech Tonic: The US/China Tech Race

A new six-part series of Tech Tonic brings you stories from the frontlines of the battle between the US and China for global technological supremacy. At stake is the future of technologies that will shape all our lives, from the way the internet is used to the way we govern our societies. Join the FT’s Global China Editor James Kynge as he charts China’s dramatic transformation into a global tech superpower, sparking rivalry with the US over who controls our technological future. Hosted on Acast. See acast.com/privacy for more information.

3/28/2022 • 1 minute, 36 seconds

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The US-China technology rivalry heats up

HSBC has repeatedly edited its analysts’ research publications to remove references to a “war” in Ukraine, the US has denied that it is seeking to overturn Vladimir Putin’s regime, Plus, the FT’s Global China Editor explores how the bitter hi-tech war between the US and China is playing out. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US denies it is seeking regime change in MoscowHSBC cut mentions of Ukraine ‘war’ from analyst reportsTech Tonic: Season 3Limited offer: 50 per cent off a digital subscription FT.com The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/28/2022 • 8 minutes, 49 seconds

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FT Weekend: Art in times of war, plus Anish Kapoor

This weekend, guest host Taylor Nicole Rogers talks to Ukrainian filmmaker Iryna Tsylik, director of the documentary The Earth is Blue as an Orange. It won a major directing award at Sundance in 2020 and has now become one of the films being used to explain the current war in Ukraine around the world. The film was shot in 2017 in a disputed area of eastern Ukraine, and focuses on a family making home movies during the conflict. Iryna reflects on the power of art now that she’s had to flee her own home. Then we hear from Louis Wise, who recently interviewed the sculptor Anish Kapoor about his grand plans for this year's Venice Biennale. --------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. You can also keep up with FT coverage by following @financialtimes on Instagram and Twitter.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC. To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 10% off.--------------Links and mentions from the episode: –Key coverage of the war in Ukraine is free to read: https://www.ft.com/content/77ab8dcf-cb02-4e57-aff0-85c8a84f5a1f  –Iryna Tsylik’s documentary, ‘The Earth is Blue as an Orange’ https://www.sundance.org/projects/the-earth-is-blue-as-an-orange – Iryna writes public updates using her Facebook account here: https://www.facebook.com/ira.tsilyk  –Louis Wise on Anish Kapoor: https://www.ft.com/content/6a371cb7-9042-4f6f-8cc3-5a7f0f8444ad –Louis is on Instagram @louisquinze  –Jan Dalley, ‘Is it right to cancel Russian artists?’ https://www.ft.com/content/c5b1a01a-dc5b-41a6-a941-2480d2123fe9 --------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Tommy Bazarian. Hosted on Acast. See acast.com/privacy for more information.

3/26/2022 • 29 minutes, 39 seconds

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Bargain hunting for bonds in Russia and Ukraine

The US is finalising a plan to supply the EU with up to 15bn additional cubic metres of liquefied natural gas by the end of 2022, Russian shares rose as the Moscow exchange partially reopened, hedge funds search for bargains in Russian and Ukrainian bonds, and Toshiba shareholders vote down management’s plan to split the famous industrial conglomerate in two.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US to boost supplies of liquefied natural gas to EURussian shares rise as Moscow stock market reopensHedge funds search for bargains in Russian and Ukrainian bondsToshiba shareholders reject management plan to split the company War in Ukraine: free to read Twitterspaces discussion: A look inside Putin’s inner circlesThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/25/2022 • 11 minutes, 23 seconds

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Ukraine’s army of volunteers

Oil exports from a crucial pipeline on Russia’s Black Sea coast were fully halted on Wednesday, Vladimir Putin said Russia will begin to invoice European gas buyers in roubles, and writer Tim Judah talks about Ukraine’s many volunteer armies, and the FT revealed that Archegos Capital Management quietly amassed a stake in Deutsche Bank after its founder Bill Hwang forged ties with the German lender’s leaders before the family office imploded last year.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Major Russian pipeline fully halts exports, sending crude higherRussia to switch gas invoicing to roubles for European buyersAt the gateway to Kyiv: Ukrainians dig in to resist Russia’s onslaughtScoop: Archegos quietly built stake in Deutsche BankWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/24/2022 • 8 minutes, 13 seconds

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Dispatch from Kyiv

Writer Tim Judah talks about life in Kyiv as Russian forces advance on suburbs of Ukraine’s capital, and the FT’s Money Clinic host Claer Barrett talks about gold as a safe haven in times of uncertainty. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Body bags, burning buildings and buzz cuts for soldiers: how Kyiv is survivingMoney Clinic with Claer Barrett: Is Gold the Safest Place to Invest? War in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/23/2022 • 10 minutes, 55 seconds

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Why some Western companies are staying in Russia

Moscow reopens markets, Pakistanis face crippling inflation and their prime minister Imran Khan faces a no confidence vote, Nestlé justifies staying in Russia as criticism mounts.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Russia’s local bonds drop as Moscow takes first steps towards reopening marketsUS government bond market suffering worst month since Trump electedNestlé justifies staying in Russia as criticism mountsPakistan: Imran Khan and the politics of inflationWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/22/2022 • 11 minutes, 3 seconds

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Panicked Russian consumers stock up on staples

Germany said it sealed a long-term agreement with Qatar for liquefied natural gas supplies, prices on many products in Russia have shot up as sanctions blow a hole in Russia’s economy, EU lawmakers are set to finalise new rules for leading technology companies despite heavy lobbying by Big Tech, and a key player in the chip industry warns of a two-year shortage of critical equipment.   Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Germany says its clinched long term gas deal with QatarPrice surges and panic buying: Russia’s war empties shelves and walletsHow Big Tech lost the antitrust battle in EuropeChipmakers face two year shortage of critical equipment War in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/21/2022 • 10 minutes, 14 seconds

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FT Weekend: How Russia weaponizes disinformation

This weekend, we discuss the power of disinformation, and how Russia has been using it in Ukraine. We are joined by Natalia Antelava, who has reported in Ukraine and Eastern Europe for years. Natalia is editor-in-chief of the popular news website called Coda Story, which focuses on global digital crises, and has been closely covering Putin’s disinformation machine in Ukraine and beyond. We step back and examine the narratives Russia has used since 2014 to confuse, distort, and spread lies.--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. —--------Links and mentions from the episode: –Key coverage of the war in Ukraine is free to read: https://www.ft.com/content/77ab8dcf-cb02-4e57-aff0-85c8a84f5a1f  –Coda Story, Natalia’s news website: https://www.codastory.com/-Coda’s Disinformation Matters newsletter: https://www.codastory.com/newsletters/disinfo-matters-newsletters/– Natalia is on Twitter @antelava. You can also keep up with FT coverage by following @financialtimes on Instagram and Twitter.--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC. To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 10% off.—------Original music by Metaphor Music. Mixing and sound design by Breen TurnerClips this week from Euronews, CNN and the BBC Hosted on Acast. See acast.com/privacy for more information.

3/19/2022 • 33 minutes, 2 seconds

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The Great Nickel Pickle

The US secretary of state has poured cold water on hopes of a diplomatic settlement to the war in Ukraine, saying there were no signs Vladimir Putin was “prepared to stop” Russia’s invasion of its neighbour, JPMorgan has processed interest payments sent by the Russian government for two of the country’s bonds, and the London Metal Exchange suspended electronic trading in nickel on Wednesday, just after it reopened for business following a week-long shutdown.Mentioned in this podcast:US pours cold water on hopes of a Ukraine settlementRussia edges closer to averting default as JPMorgan processes bond paymentLondon Metal Exchange suffers fresh glitch during nickel tradingWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/18/2022 • 8 minutes, 56 seconds

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The Federal Reserve finally raises rates

The Federal Reserve has lifted its benchmark interest rate by a quarter of a percentage point, Europe’s largest energy traders have called on central banks for help to avert a cash crunch, and the FT’s Tom Mitchell discusses the rising cost of Beijing’s loyalty to Moscow. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Fed announces first rate rise since 2018 amid surging inflationChina makes rare intervention to bolster confidence after market routThe rising cost of China’s friendship with Russia Energy traders call for ‘emergency’ central bank interventionWar in Ukraine: free to read Twitter Space: China’s involvement in the war in Ukraine The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/17/2022 • 10 minutes, 3 seconds

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EU and UK impose new sanctions on Russian oligarchs

Oil prices fell and share indices in Hong Kong and China dropped amid investor jitters over potential lockdowns and their economic impact, German prosecutors have charged a key player in the Wirecard fraud scandal, the UK and EU have levelled new sanctions on Russian oligarchs. Mentioned in this podcast:EU and UK hit Roman Abramovich and other oligarchs with new sanctionsPakistan presses ahead with Russian-built gas pipelineChina shares fall sharply on concerns over Covid outbreak and Ukraine warFormer Wirecard chief executive charged with fraudWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/16/2022 • 9 minutes, 19 seconds

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Biden turns to autocrats for oil

US stocks dip lower on concerns over this week’s Federal Reserve meeting, a star witness in the 1MDB corruption trial has wrapped up testimony in a Brooklyn courthouse, and US president Joe Biden is courting Venezuela and re-engaging with Saudi Arabia to overcome his oil sanctions against Moscow.  Mentioned in this podcast:US government bond prices drop ahead of Federal Reserve meetingTim Leissner’s testimony in 1MDB trial shines light on vast fraudHaving frozen out Putin, Biden is warming to other autocratsGermany to buy US F-35 jets in first big deal since defence budget boostWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/15/2022 • 9 minutes, 34 seconds

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Russian banks hobbled by sanctions

US officials say Moscow has asked Beijing for military equipment to support its invasion of Ukraine, Ukraine’s army celebrates its Turkish drones but Ankara plays down weapons sales to appease Moscow, Russia has ratcheted up the chances that it will default on its debt with a threat to pay international bondholders in roubles rather than dollars, and sanctions are forcing Russian banks to abandon global ambitions and focus on survival. Mentioned in this podcast:US claims Russia has asked China for military help in invasion of UkraineRussia threatens to make external debt payments in roublesTurkey is trying to carve out role as a mediator between Kyiv and MoscowRussia’s banks turn from global ambitions to survivalWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/14/2022 • 10 minutes, 14 seconds

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FT Weekend: Understanding Ukraine’s identity. Plus, the Oscars

This weekend, we speak with Ukrainian journalist Olga Tokariuk, who is currently in western Ukraine. Olga reflects on how Ukrainians forged the resolve they are showing now in the fight against Russia. She shares how Ukraine’s identity has shifted and strengthened over the past 30 years since its independence, especially in the seven years since the Maidan revolution. Then, FT film critic Danny Leigh joins us to discuss this year's Oscars nominees, from ‘Power of the Dog’ to ‘Don't Look Up’. With a drop in viewership over the years, it seems the Academy is scrambling to make us care. But should we? Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC. To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 10% off.--------------Links and mentions from the episode: –Key coverage of the war in Ukraine is free to read: https://www.ft.com/content/77ab8dcf-cb02-4e57-aff0-85c8a84f5a1f  –Olga is on Twitter @olgatokariuk. You can also keep up with FT coverage by following @financialtimes on Instagram and Twitter.–Mary Elise Sarotte on Ukraine’s history since 1991: https://www.ft.com/content/742f15fc-675a-4622-b022-cbec444651cf –Danny’s roundup of this year’s Oscars nominees: https://www.ft.com/content/d9000eb2-11ec-40af-aa8f-2e5f654bde4e –Danny’s review of Power of the Dog:  https://www.ft.com/content/8f2af17e-cad5-4fc6-9ea7-68e5402dda5d –Lilah made a Hark list of some of our favorite moments from the show so far, which you can listen to here https://short.harkaudio.com/3pwwAMH--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Hannis Brown. Hosted on Acast. See acast.com/privacy for more information.

3/12/2022 • 35 minutes, 21 seconds

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Poland welcomes Ukrainian refugees

US consumer price growth approached 8 per cent last month ahead of a surge in energy prices following Russia’s invasion of Ukraine, and the war in Ukraine is causing energy bills to skyrocket in the UK. Plus, the FT’s central European correspondent, James Shotter, talks about his reporting on the flood of Ukrainian refugees into Poland and how Poles are responding. Mentioned in this podcast:Tears of relief on Polish border as flow of refugees inches to safetyUS inflation reaches 7.9% in February hitting new 40-year highECB scales back stimulus plan as Ukraine war drives up inflation expectationsWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/11/2022 • 9 minutes, 31 seconds

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Ukraine war boosts Macron’s re-election chances

EU leaders prepare to meet in Versailles today for a summit aimed at a unified response to the war in Ukraine, and Citigroup is having a hard time selling its retail bank in Russia. Plus, the FT’s Paris bureau chief Victor Mallet explains how the Ukraine war is boosting Emmanuel Macron’s re-election chances. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:EU struggles to deepen unity on defence and energyCitigroup ‘running out of options’ in push to sell Russian bankA home run’: Ukraine war boosts Emmanuel Macron’s re-election chancesWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/10/2022 • 9 minutes, 5 seconds

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The stalled green transition

The US and UK banned Russian oil and gas imports on Tuesday to punish Moscow for invading Ukraine, the stalled green revolution, and Russians are fleeing the country.  Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Biden bans US imports of Russian oil and gas in attempt to punish PutinCurbs on Russian exports raise risk of oil shock and recession in EuropeWill the Ukraine war derail the green energy transition?War in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/9/2022 • 9 minutes, 58 seconds

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Russia’s war on Ukraine boosts China’s financial ambitions

Oil and natural gas prices see-sawed as global stocks fell on Monday after a US push to ban Russian crude faced German resistance, the US Treasury warns banks to be on high alert for sanctions evasion, sanctions on Russia could aid Beijing’s efforts to internationalise the renminbi, and Levi Strauss said it is halting its business in Russia.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Markets rattled by push for Russian oil ban How the Ukraine war could boost China’s global finance ambitionsUS warns banks to be on high alert for Russia sanctions evasionLevi Strauss halts business in RussiaWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/8/2022 • 10 minutes, 47 seconds

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Russia’s war on Ukraine adds more turmoil to global shipping

Russia’s invasion of Ukraine is fueling the ‘fastest growing refugee crisis in Europe since second world war,’ according to the UNHCR; the White House has reversed its position and now is talking with European partners about a ban on Russian oil, and sanctions on Russia have unleashed a renewed wave of disruption for strained global supply chains. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Ukraine invasion fuels ‘fastest growing refugee crisis in Europe since second world war’US in ‘active discussions’ over Russian oil import ban as Moscow targets Ukraine urban centres  Russia demands US guarantees over revival of Iran nuclear accordWorld’s biggest shipping groups suspend Russian cargo bookings Ukraine crisis batters Sri Lanka’s tea and tourism recovery strategyWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/7/2022 • 8 minutes, 23 seconds

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FT Weekend: The stories we tell, with Elif Shafak

This week we bring you one of the most popular episodes from our archive: a conversation with Elif Shafak, the most widely read woman novelist in Turkey. She and Lilah discuss national identity, the generational pain of conflict, and writing in countries that don't have freedom of speech. This conversation feels especially poignant today, as the war in Ukraine becomes even more devastating. This episode also features columnist Enuma Okoro on loving our cities, and economist Tim Harford on feeling less pressure to get everything done.We’ll be back with a new episode, on the cultural side of the war in Ukraine, next week.--------------We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast--------------Links from the episode:––Key coverage of the war in Ukraine is free to read: https://www.ft.com/freetoread. You can also keep up with FT coverage by following @financialtimes on Instagram and Twitter.—Enuma Okoro’s love letter to New York City: https://www.ft.com/content/e2507d84-9a12-4755-a9c7-41c9ea116947  —Lilah’s piece about visiting Armenia: https://www.ft.com/content/2e2f38b0-e7a1-11e8-8a85-04b8afea6ea3 —Review of Elif Shafak’s novel, The Island of Missing Trees: https://www.ft.com/content/1a064a06-bd19-43c7-8237-38931853d0e2 —Tim Harford on to-do lists: https://www.ft.com/content/06ffe40d-fdcc-4be8-b536-810cedce7ed1 —Oliver Burkeman on how not to waste your life (paywall): https://www.ft.com/content/dd0d477b-c1f7-4d74-af68-c1ef1692566c--------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC. To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 10% off.--------------Sound design and mixing is by Breen Turner, with original music by Metaphor Music.  Hosted on Acast. See acast.com/privacy for more information.

3/5/2022 • 30 minutes, 43 seconds

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Commodities prices soar over Russia supply fears

Western brands flee Russia, global commodities soar as Putin intensifies his attack on Ukraine, and the US announces new sanctions on Russian oligarchs and their families. Plus, Accenture, McKinsey and Boston Consulting Group are the latest companies to flee or suspend operations in Russia. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US announces new sanctions on Russian oligarchs and their familiesCommodity prices soar to highest level since 2008 over Russia supply fearsWestern brands flee Russia in unravelling of ‘capitalistic diplomacy’War in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/4/2022 • 10 minutes, 4 seconds

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War in Ukraine sparks Germany’s defence policy transformation

As the brutality of Moscow’s invasion intensifies, the idea of targeting oil and gas exports for sanctions is no longer off the table, and Federal Reserve chair Jay Powell confirmed to US lawmakers that he is backing a quarter point rate rise later this month despite the uncertainties caused by Russia’s invasion. Plus, the FT’s Frankfurt correspondent, Joe Miller, talks about the dramatic change in Germany’s foreign and defence policy as a result of Russia’s war on Ukraine, and how that’s changed the corporate landscape. Mentioned in this podcast:Should the west place an embargo on Russian oil and gas supplies?Powell backs quarter-point rate rise in March despite Ukraine war effectsGermany’s defence industry transformed by Scholz’s €100bn response to Ukraine crisisTwitter Space: How the war in Ukraine is impacting the global economy The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/3/2022 • 9 minutes, 30 seconds

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China shifts stance on Ukraine

The controversial Nord Stream 2 pipeline company that was to bring Russian gas to Europe is reportedly insolvent, China has signalled it is ready to play a role in finding a ceasefire, and crypto exchanges are under pressure to block transactions with Russia as western politicians fear that cryptocurrencies will undermine the effectiveness of financial sanctions.Mentioned in this podcast:Nord Stream 2 pipeline becomes insolvent, says Swiss officialNord Stream 2 pipeline becomes insolvent, says Swiss officialBeijing shifts public position after call between Chinese and Ukrainian foreign ministersCrypto exchanges resist calls for Russia bans after sanctionsWar in Ukraine: free to readThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/2/2022 • 10 minutes, 20 seconds

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The squeeze on Russia continues

The International Energy Agency will hold an emergency meeting to discuss whether to release oil from strategic stocks to offset rising energy prices caused by Russia’s invasion of Ukraine, Russian financial markets have descended into turmoil after western sanctions over the weekend struck the country’s financial system, and gulf states are staying neutral when it comes to the war in Ukraine. Mentioned in this podcast:IEA to discuss releasing oil stocks on Tuesday to stabilise pricesRussia doubles interest rates as sanctions send rouble plungingGulf states’ neutrality on Ukraine reflects deeper Russian tiesWar in Ukraine: free to read The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

3/1/2022 • 9 minutes, 49 seconds

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BP to sell its stake in Russia’s state oil company Rosneft

BP plans to divest its stake in Russia’s state-oil company Rosneft, Norway’s $1.3tn oil fund plans to sell out of Russia and US and Western allies to impose sanctions on Russia’s central bank and cut some lenders from Swift. Plus, shares in cybersecurity companies rise as companies around the world fear more Russian cyberattacks. Mentioned in this podcast:BP to divest stake in Russian state-oil company RosneftWest to impose sanctions on Russian central bank and cut some lenders from SwiftA global financial pariah’: how central bank sanctions could hobble RussiaWar in Ukraine risks scrambling the logic of cyber securityThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/28/2022 • 10 minutes, 33 seconds

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FT Weekend: The international mystery of the ‘Hum’

Russia has invaded Ukraine. We begin this episode with a visit from FT Weekend editor Alec Russell, a week after he joined us to discuss his years covering the fall of communism in eastern Europe. How can we make sense of this? Then, we go searching for the Hum, a mysterious noise that has plagued the residents of Halifax, West Yorkshire. It’s an uncomfortable, low-frequency sound that has also been heard in towns across the world, from New Mexico to Ontario to Scotland. The FT's Imogen West-Knights tells us that it's mostly heard by middle-aged women. So is it a real noise, an imaginary illness, or both? --------------Special offers for Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial are here: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------The first US FT Weekend Festival is on Saturday, May 7 in Washington, DC. To attend virtually or in person, buy tickets at http://ft.weekendfestival.com – use the discount code FTFriends2022 for 10% off.--------------Links and mentions from the episode: –Imogen West Knights on the mystery of the hum: https://on.ft.com/3pe43ve –The FT’s key coverage on the war in Ukraine is free to read: http://ft.com/freetoread – Here’s the piece Alec mentioned, ‘The road to war: how Putin wrote the requiem for peace’, by Mary Sarotte: https://on.ft.com/3HqSO8F – Alec’s lunch with Lea Ypi: https://on.ft.com/3GHmi1J –Alec is on Twitter at @AlecuRussell, and Imogen is on Twitter @ImogenWK –Rob Armstrong’s profile of Larry Gagosian: https://on.ft.com/3ImMiBr --------------Original music by Metaphor Music. Mixing, sound design and sleuthing by Breen Turner.  Hosted on Acast. See acast.com/privacy for more information.

2/26/2022 • 38 minutes, 2 seconds

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War in Ukraine shocks markets

Western countries are punishing Russia after Vladimir Putin ordered an invasion from Ukraine, and UK prime minister Boris Johnson wants to punish Russia by removing it from the Swift international payments system. Plus, the FT’s Katie Martin explains how markets reacted on the first day of the war in Ukraine. Mentioned in this podcast:Putin shatters peace in Europe as Russia storms UkraineWorld leaders divided on whether to eject Russia from Swift payment systemEuropean gas prices soar and oil tops $105 after Russia attacks UkraineRussia-Ukraine webinar: What Next?  The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/25/2022 • 9 minutes, 47 seconds

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Putin orders start of ‘military operation’ in Ukraine

The FT’s Max Seddon, reports from Moscow about Vladimir Putin’s order to launch a full-scale invasion into Ukraine, and the FT’s economics editor, Chris Giles, explains what a Russian invasion might do to the global economy. Mentioned in this podcasVladimir Putin orders start of ‘military operation’ in eastern UkraineUkraine crisis: Sanctions and high energy prices pose threat to global economyRussia-Ukraine webinar: What Next?  The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/24/2022 • 10 minutes, 18 seconds

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Russia’s move on Ukraine triggers western sanctions

Western powers impose sanctions on Russia as Biden says Ukraine ‘invasion’ has begun, and Russian assets are set to bear the brunt of the Ukraine conflict. Plus, the FT’s Berlin bureau chief, Guy Chazan, explains what freezing the Nord Stream 2 pipeline project means for Germany. Mentioned in this podcast:Biden imposes wave of sanctions on Russia for Ukraine ‘invasion’Russian stocks sell off on mounting sanctions risksPutin backs separatist claims to whole Donbas region of UkraineThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/23/2022 • 10 minutes, 50 seconds

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Putin Moves Into Ukraine

Russia sends troops into Ukraine after recognizing two separatist regions there. Then, Russia could be facing sanctions for its actions over Ukraine. How could that affect gas companies and consumers? Finally, Peloton discovered rust on some of its exercise bikes, it sent them to consumers anyway without telling them. We have more on its plan to conceal the rust, known as “Project Tinman.” Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Carl Icahn launches board fight at McDonald’s over treatment of pigsPutin recognises two separatist regions in eastern UkraineThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/22/2022 • 9 minutes, 17 seconds

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Is corporate America becoming more inclusive?

The Olympics wrapped up in Beijing yesterday, capping two weeks of competition and controversy. Banks pledged in the run up to the Glasgow climate summit to fund a UN-backed ETF. But, the money never arrived and the fund is close to failing. Plus, Taylor Nicole Rogers on what steps companies can take to have a more diverse workforce.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Are companies walking their diversity talk?Companies urged to honour racial justice pledgesClimate ETF on brink of failure months after UN summit launchAlpine resorts freeze out British ski instructors after BrexitBeijing Winter Olympics close after fortnight of competition and controversyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/21/2022 • 7 minutes, 21 seconds

FT News Briefing - Winamp (643)

FT Weekend: Lea Ypi talks capitalism and freedom

This weekend, FT Weekend editor Alec Russell brings us to Albania for Lunch with the FT. He sits down with writer Lea Ypi, whose memoir ‘Free’ documents her childhood there, both under communism and after its fall. Ypi, a political theorist at the London School of Economics asks: does capitalism make us free? Plus: European tech correspondent Madhumita Murgia explores how science fiction shapes our attitudes towards the future, and how that translates across different cultures. --------------Do you want to read the Financial Times? We have special discounts for listeners here: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Exciting news! Lea Ypi will be speaking at the first FT Weekend Festival to be hosted in the US. To attend (virtually or in person) go to http://ft.weekendfestival.com – with 10% off using the discount code FTFriends2022. It’s on Saturday May 7th at the Kennedy Center in Washington, DC. --------------Links and mentions from the episode: –Alec Russell’s Lunch with Lea Ypi: https://on.ft.com/3GHmi1J –FT review of Lea Ypi’s memoir Free: https://www.ft.com/content/b5455f0f-33a9-480e-9027-6884cc25faa4 –Madhu on how science fiction shapes our attitudes to the future: https://www.ft.com/content/2f35be37-9da8-4cf6-89b2-8488b36c5a63 –Madhu recommends the book Exhalation by Ted Chiang–Chen Qiufan’s latest book is caled AI2041: Ten Visions for ur Future, co-authored with Kai-Fu Lee  – This weekend’s Lunch with the FT, with Estonian Prime Minister Kaja Kallas: https://www.ft.com/content/098ba985-1284-46c6-9abe-f626fa9e47f0– Lunch with the Financial Times, edited by Lionel Barber, a selection of classic lunches: https://www.penguin.co.uk/books/309/309448/lunch-with-the-ft/9780241400685.html Alec is on Twitter at @AlecuRussell, and Madhu is at @madhumita29."Long Live Enver Hoxha!" copyright Believe Music and UMPG Publishing. "Astroboy" Copyright Tezuka Productions Co. Clip: AP Archive--------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner.  Hosted on Acast. See acast.com/privacy for more information.

2/19/2022 • 33 minutes, 20 seconds

FT News Briefing - Winamp (644)

Siberia’s DIY cryptocurrency miners

Sequoia Capital plans to move deeper into cryptocurrency markets and has earmarked at least $500mn for investments in cryptocurrency assets, and a global financial regulator says that policymakers must act quickly to craft rules for digital asset markets. Plus, the FT’s Moscow correspondent, Polina Ivanova, reports that Siberia has become home to a cottage industry of DIY cryptomining fuelled by cheap electricity. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Sequoia earmarks $500mn for push into cryptocurrency marketsGlobal financial watchdog calls for ‘urgent’ action to contain crypto risksIn Siberia, a crypto boom made of ingenuity, defiance and DIYThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/18/2022 • 10 minutes, 32 seconds

FT News Briefing - Winamp (645)

Blackstone’s dip into the rent-to-buy market

The Federal Reserve’s latest meeting minutes show it would be willing to tighten monetary policy quickly if US inflation does not come under control, and the EU’s top court has opened the way for Brussels to withhold funding from member states for violations of the rule of law. Plus, the FT’s Mark Vandevelde explains how Blackstone’s rent-to-buy business is working out. Mentioned in this podcast:Fed prepared to tighten policy more aggressively if inflation persistsBlackstone’s new real estate play: the rent-to-buy marketEU court ruling opens way for Brussels to act against Hungary and PolandThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/17/2022 • 8 minutes, 18 seconds

FT News Briefing - Winamp (646)

Soaring oil prices put US shale in a bind

 US and European shares rallied on Tuesday after Russia said it had begun pulling back some troops, and former Google chief executive, Eric Schmidt, is creating a $125mn fund to address problems with artificial intelligence. Plus, the FT’s US energy editor, Derek Brower, explains that US shale companies are feeling pressured to produce less oil despite rising prices. Mentioned in this podcast:US stocks rise after Russia says some troops returning to baseOil’s climb towards $100 a barrel tempts US shale companies to shed restraintEric Schmidt creates $125mn fund for ‘hard problems’ in AI researchThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/16/2022 • 8 minutes, 5 seconds

FT News Briefing - Winamp (647)

Emerging markets: high risk, no reward?

The FT’s Gideon Rachman discusses the messaging wars between the US and Moscow over Ukraine, Central America and Mexico is benefiting from a bumper year in remittances from migrant workers in the US. Plus, the FT’s Jonathan Wheatley explains why investors might be getting more nervous about sinking their money into emerging markets. Mentioned in this podcast:Putin, US intelligence and the global fight for the Ukraine narrativeRemittances made to Central America from the US have reached record levelEmerging markets: all risk and few rewards?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/15/2022 • 9 minutes, 38 seconds

FT News Briefing - Winamp (648)

The FT investigates Axel Springer’s #MeToo moment

German chancellor Olaf Scholz heads to Kyiv and Moscow to try and deter Putin from attacking Ukraine, and Germans are confronting a major #MeToo moment as German publishing conglomerate Axel Springer comes under scrutiny for sexual misconduct charges against top editor Julian Reichelt. The FT’s Berlin correspondent Erika Solomon discusses her investigation of how the media company handled the accusations. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Scholz plans appeal to Putin in effort to stop attack on UkraineWomen spoke up, men cried conspiracy: inside Axel Springer’s #MeToo momentWaning stockpiles drive widespread global commodity crunchThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/14/2022 • 9 minutes, 20 seconds

FT News Briefing - Winamp (649)

FT Weekend: Will Silicon Valley ruin Miami?

Miami is hot right now. In the pandemic, more people moved to Florida than to any other state by a long shot. Chief among them were the tech elite, who have made Miami—one of America’s most diverse cities—their next big conquest. But what happens when Silicon Valley falls in love with a place with such a singular culture? Will a new tech migration help Miami, or hurt it? We go to Miami with writer Joel Stein to meet the people investing in 'Miami 2.0', from A-Rod to Mayor Francis Suarez to its newest residents. We also hear from Miamians who have lived there for decades.--------------Do you want to read the Financial Times? We have special discounts for listeners here: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------To attend the first US FT Weekend Festival in the US (virtually or in person) go to http://ft.weekendfestival.com – with 10% off using the discount code FTFriends2022. It’s on May 7th at the Kennedy Center in Washington, DC. --------------Links and mentions from the episode: –Joel Stein on how Miami became the most important city in America: https://on.ft.com/3LsiMfy –Alec Russell’s Lunch with Lea Ypi (ahead of next week’s episode): https://on.ft.com/3GHmi1J –Joel Stein is on Twitter at @thejoelstein--------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. "Miami" by Will Smith. Copyright Sony Music Entertainment Hosted on Acast. See acast.com/privacy for more information.

2/12/2022 • 26 minutes, 24 seconds

FT News Briefing - Winamp (650)

Inflation prompts investors to ditch Treasuries

A court struggle in China is casting a shadow over the company’s hopes for an Arm IPO after its failed $66bn sale to Nvidia, the 10-year Treasury yield on Thursday climbed to 2 per cent for the first time since August 2019, as investors ditched government debt on the latest evidence of stubbornly high inflation, and European scientists have made a big breakthrough in the decades-long effort to generate energy from nuclear fusion. Mentioned in this podcast:SoftBank’s plans for Arm IPO hit by legal battle over renegade China unitUS inflation surges to 7.5% in fastest annual rise for 40 yearsEuropean scientists in ‘landmark’ nuclear fusion breakthroughThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/11/2022 • 8 minutes, 45 seconds

FT News Briefing - Winamp (651)

Peloton’s turmoil could be appealing

Dozens of biotech companies are running low on cash and face an uphill struggle to raise fresh funds, Fidelity’s little-known passive investment business Geode Capital Management surged to $1tn in assets last year. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson, explains why Peloton’s latest turmoil makes it an attractive acquisition target. Mentioned in this podcast:Bursting ‘Biotech bubble’ inflicts pain on tourist investors and innovatorsFidelity’s index fund business Geode hits $1tn in assets Turmoil at Peloton makes it opportunistic target for Nike and AmazonChipotle: burrito index reflects inflationary guac attackThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/10/2022 • 9 minutes, 35 seconds

FT News Briefing - Winamp (652)

London and Paris at impasse over migrants

Credit Suisse investors warn they will try to block any extension of vice-chair Severin Schwan, and SoftBank is looking to list UK chip design company Arm Holdings on the Nasdaq in the US after a sale to Nvidia fell through. Plus, the FT’s Robert Wright and leading researcher Virginie Guiraudon discuss the current state of the UK-EU migrant crisis and why no solutions are forthcoming. Mentioned in this podcast:Credit Suisse shareholders take aim at vice chair following scandalsSoftBank looks to bypass UK in favour of Nasdaq Arm listingCan the UK and France resolve the cross-Channel refugee impasse?Great Britain’s migrant crisisThe UK migrant crisis and DoverThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/9/2022 • 11 minutes, 15 seconds

FT News Briefing - Winamp (653)

Horatio Clare on the UK migrant crisis and Dover

Credit Suisse became the first Swiss bank in the country’s history to answer criminal charges on Monday, and the US is lobbying Brussels to water down the effect of EU regulations targeting Big Tech companies. Plus, we talk to the author Horatio Clare about the UK town of Dover and how people there are approaching the migrant crisis. Mentioned in this podcast:Landmark Credit Suisse money laundering trial opensUS officials lobby key European powerbroker on Big Tech regulationsLife and death on Dover’s migrant front lineThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/8/2022 • 11 minutes, 40 seconds

FT News Briefing - Winamp (654)

Great Britain’s migrant crisis

A week of dizzying diplomatic meetings seeking to de-escalate tensions with Russia kicks off today in Moscow and Washington, aid agencies call for unblocking of cash flows to Afghanistan as the humanitarian crisis deepens. Plus, the FT’s Anna Gross takes us inside a French refugee camp to hear the stories of the people who are seeking asylum in the UK. Mentioned in this podcast:Ukraine: EU wrestles with how to inflict sanctions ‘pain’ on RussiaAid agencies call for unblocking of cash flows to Afghanistan as humanitarian crisis deepensAfghanistan’s unnecessary plightThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/7/2022 • 9 minutes, 32 seconds

FT News Briefing - Winamp (655)

FT Weekend: Does Peloton trick us into working out?

This weekend, we look at the Peloton phenomenon. Is it a failing fitness cult or a lasting way to stay healthy? Lilah and San Francisco correspondent Patrick McGee explore the behavioural science behind why we don’t exercise and the tech that tricks our brains into doing it anyway. Then, management editor Andrew Hill tells us why so many bad business books exist at the airport, and what makes a good one--------------If you want to explore the FT, use this link for special discounts for listeners: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Patrick McGee on how connected fitness became the new obsession: https://on.ft.com/32YplFd–Andrew Hill: ‘Pulp non-fiction: the worst business books of 2022’: https://on.ft.com/34ao7Hz –All the winners and shortlisted books for FT and McKinsey's best business books of the year award https://ig.ft.com/sites/business-book-award/ –If you want to read more about the culture of Peloton, here’s ‘This is your brain on Peloton’, by Amanda Hess (NYT): https://www.nytimes.com/2021/03/16/arts/peloton-cody-rigsby-content.html –Anne Helen Peterson is the unofficial internet scholar on Peloton celebrity: https://annehelen.substack.com/p/towards-a-unified-theory-of-peloton --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

2/5/2022 • 30 minutes, 47 seconds

FT News Briefing - Winamp (656)

Facebook's fall hits markets

Wall Street stocks slumped on Thursday after disappointing earnings reports in the technology sector from Facebook parent Meta, Turkey and Ukraine signed a deal to deepen defence co-operation in defiance of warnings from Moscow, and Olympics sponsors are accused of ignoring the plight of China’s Uyghur Muslims. The FT’s Andrew Edgecliffe-Johnson talks about the pressure on companies and how they are responding. Mentioned in this podcast:Amazon shares surge on Prime price rise and boost from cloud divisionBeijing Olympics: the new front line in the US-China cold warErdogan visit to Ukraine tests complex ties with Putin US stocks dragged lower by downbeat tech earningsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/4/2022 • 9 minutes, 47 seconds

FT News Briefing - Winamp (657)

Spotify responds to the Joe Rogan fiasco

Spotify delivered a weak outlook for first-quarter subscriber growth, investors are putting more pressure on the European Central Bank to raise interest rates, and Argentina has been plunged into a fresh crisis after a crucial political figure resigned over the country’s outline debt deal with the International Monetary FundMentioned in this podcast:Spotify warns it’s ‘too early’ to calculate impact of Joe Rogan rowEurozone inflation hits record 5.1% in JanuaryResignation of Peronist leader triggers crisis over Argentina’s $44.5bn IMF dealThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/3/2022 • 10 minutes, 36 seconds

FT News Briefing - Winamp (658)

Has plant-based meat peaked?

Alphabet announced a 20-for-one stock split on Tuesday, and businesses across Myanmar shut up shop yesterday, joining a nationwide “silent strike” to mark the first anniversary since a military coup. The FT’s commodities correspondent, Emiko Terazono, explains that the slowing growth of plant–based meat sales has taken executives by surprise. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Google parent Alphabet posts surge in search advertising revenueMyanmar businesses defy army nationalisation threat and join strike Has the appetite for plant-based meat already peaked?M&S and Aldi make peace in Colin and Cuthbert cake warThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/2/2022 • 8 minutes, 48 seconds

FT News Briefing - Winamp (659)

January stocks hit the skids

The US stock market has suffered its worst start to the year since the global financial crisis, US and European allies are preparing what is being described as the most aggressive package of economic and financial sanctions ever assembled to punish Russian president Vladimir Putin, and Italian government bonds rallied as investors welcomed the re-election of Sergio Mattarella as president. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US stock markets endure worst January since global financial crisisUS and European allies ready aggressive sanctions against RussiaDraghi gains vital time for policy revamp after Italy re-elects Mattarella as presidentSony buys video game maker Bungie for $3.6bn as dealmaking acceleratesThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

2/1/2022 • 9 minutes, 49 seconds

FT News Briefing - Winamp (660)

Ukrainian city braces itself for war

The world’s largest sovereign wealth fund has warned that investors face years of low returns due to permanent inflation, and splits are emerging in corporate America’s response to a supply chain crisis. Plus, the FT’s Europe editor, Ben Hall reports from the Ukraine city of Mariupol about how people view a potential Russian invasion. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:World’s largest wealth fund warns ‘permanent’ inflation will hit returnsUkrainian frontier city weighs threat of renewed Russian aggressionWinners and losers emerge from lingering US supply chain crisisTui raises €500m fund to finance new hotelsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/31/2022 • 10 minutes, 41 seconds

FT News Briefing - Winamp (661)

FT Weekend: Treasure hunting on the Thames, with Jo Ellison

This week, we look at two things that connect us to human history. First, How To Spend It editor Jo Ellison takes us mudlarking — sifting through low tide for treasure — to find remnants of ordinary life from hundreds of years ago. Licensed mudlark Lara Maiklem teaches us how. Then we explore the staying power of games: why do we love them? Why have we been playing some for more than 7,000 years? Our gaming critic Tom Faber joins us to discuss. --------------If you want to explore the FT, use this link for special discounts for listeners: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – This week’s How To Spend It cover story and photoshoot: ‘Tide and seek: the hidden treasures of low tide’ https://www.ft.com/content/44a1a5be-d0de-4a5a-a02b-1386e0b7c84f –Lara Maiklem’s books are called ‘Mudlarking’ and ‘A Field Guide to Mudlarking’–Last time Jo went mudlarking was with jeweller Ruth Tomlinson for this November 2021 article: ‘Why I’m throwing my jewellery into the Thames’: https://www.ft.com/content/aacc19ef-d397-4c15-b943-a029a4954ca1 –A great piece Lilah recommends on mudlarking by novelist Daniel Wallace: https://gardenandgun.com/feature/daniel-wallace-explores-the-art-of-mudlarking/ –Tom Faber on the transformative power of games: https://www.ft.com/content/c2f8b5b6-1f30-48cc-a098-71484ded9a00 –Tom also wrote a great piece this week about the Cameo app and celebrity culture: https://on.ft.com/3FIF7kF --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

1/29/2022 • 27 minutes, 9 seconds

FT News Briefing - Winamp (662)

Russian gas projects face sanctions

Apple posted record revenue of $123.9bn in the holiday quarter, and investors had a tough time gauging the Federal Reserve’s hawkish tone, the UK’s new information watchdog says he wants the country to take the lead on holding Big Tech to account in a post-Brexit Britain free of cumbersome European data rules.Plus, the FT’s European diplomatic correspondent, Henry Foy, reports that western countries are threatening Russia with new sanctions if it invades Ukraine. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Apple’s holiday quarter revenue hits record despite supply chain worriesEU and UK plan sanctions on new Russian gas projects if Ukraine attacked‘No more Mr Nice Guy’: Fed chair signals tougher stance on inflationUK seeks leadership role in global privacy, says new watchdog headThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by David, da Silva, Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/28/2022 • 9 minutes, 50 seconds

FT News Briefing - Winamp (663)

The Fed plans to be ‘humble and nimble’ and hawkish

Tesla reported a record net profit of $2.3bn last quarter but warned of supply chain constraints and the Federal Reserve signalled its intention to raise interest rates in March. Plus, the FT’s China correspondent, Ed White, talks about China’s vaping queen and her company's stock price which went up in smoke this week. Mentioned in this podcast:Tesla reports record profit but warns of constraints on supply chainFed signals March rate rise as it fights rampant inflationChina’s vape queen hit by Beijing investigationApple reclaims top smartphone spot in ChinaThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/27/2022 • 10 minutes, 28 seconds

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The Draghi dilemma

Google has overhauled a central piece of technology it is building to replace advertising cookies, and the owner of 7-Eleven is facing investor calls to split up. Plus, the FT’s Rome correspondent, Amy Kazmin, explains why Italy is having such a hard time finding someone who can be prime minister if Mario Draghi is elected president. Mentioned in this podcast:Google changes course on cookies plans following advertising industry backlash7-Eleven owner faces investor calls to split upThe Draghi dilemma: Italian presidential election risks turbulenceThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/26/2022 • 10 minutes, 35 seconds

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The Big Dip

Stocks on Wall Street ended higher on Monday after investors took advantage of a severe drop early in the session, Peloton has come under attack from an activist investor, and the United Arab Emirates said it intercepted two missiles launched by the Iran-allied Houthi rebels in Yemen. Mentioned in this podcast:US stocks reverse severe losses as buyers step inUAE intercepts ballistic missiles fired by Houthis over Abu DhabiActivist investor urges Peloton to fire chief and explore saleHow connected fitness became the new obsessionRobert Armstrong’s “Unhedged” newsletterThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/25/2022 • 11 minutes, 6 seconds

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Discontent at Unilever

Germany’s largest publishers and advertisers are demanding that the EU intervene over the Google's plan to stop the use of third-party cookies, Sony has plans to enter the electric vehicle market. Plus, the FT’s asset management correspondent, Harriet Agnew, discusses the discord at the global consumer goods conglomerate Unilever. Mentioned in this podcast:German publishers oppose Google plan to phase out third-party cookiesActivist hedge fund Trian builds stake in UnileverSony launches electric vehicle unit to ‘explore entering’ market The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/24/2022 • 8 minutes, 41 seconds

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FT Weekend: Pati Jinich and Gillian Tett on food, culture and power

This weekend, we look at our culture through new lenses. First, we go to Mexico. Lilah speaks to James Beard Award-winning chef Pati Jinich about how diplomacy is sometimes better achieved through the language of food. Then, anthropologist and FT columnist Gillian Tett looks at social phenomena through the lens of anthropology – from crypto to how tastemakers decide what is 'cool'. Gillian has a PhD in social anthropology and recently published a book called ‘Anthro-Vision’. --------------If you want to explore the FT, use this link for special discounts for listeners: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Pati’s cookbook is called ‘Treasures of the Mexican Table: Classic Recipes, Local Secrets’–Pati’s show, ‘Pati’s Mexican Table’ is on PBS, with some episodes on YouTube: https://www.youtube.com/watch?v=BETE1-6Pzrk –La Frontera is on PBS: https://www.pbs.org/show/la-frontera-pati-jinich/ –Salsa Matcha with pistachios, walnuts and pine nuts: https://patijinich.com/salsa-macha-with-pistachios-walnuts-and-pine-nuts/ –Gillian Tett’s book is called ‘Anthro-Vision’. FT review: https://www.ft.com/content/65d66cf7-f793-4531-9b82-1b54b70bbd21 – Gillian’s latest column: ‘A year on, we haven’t absorbed the lessons of the Gamestop saga’ (paywall): https://www.ft.com/content/8bbd2ef9-41fe-4dfa-8f02-28b3f3dac200    --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

1/22/2022 • 35 minutes, 33 seconds

FT News Briefing - Winamp (668)

The bright side of Bund yields

The Federal Reserve has for the first time launched a period of debate of a central bank digital currency, and Luckin Coffee is planning to relist in the US after being delisted following a $300m fraud scandal. Plus, the FT’s Katie Martin explains why we should pay attention to German Bund yields turning positive this week.  Mentioned in this podcast:Fed opens debate on possible digital currencyLuckin Coffee plots relisting in US two years after $300m fraud​​Germany’s 10-year Bund yield turns positive for first time since 2019The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/21/2022 • 9 minutes, 14 seconds

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Moscow’s ‘Fortress Russia’ strategy

 A US Senate committee will begin debating a pair of bills designed to reshape technology regulation, and US banks are gearing up for interest rate rises planned by the Federal Reserve this year. Plus, the FT’s Moscow bureau chief, Max Seddon, explains how Russia has built up its economy to protect itself from sanctions. Mentioned in this podcast:US Senate committee to debate legislation targeting Big Tech’s powerBank of America projects ‘robust’ interest income growth as loans reboundMoscow’s sanction-proofing efforts weaken western threatsHong Kong residents hire private jets to take their pets out of isolated cityThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/20/2022 • 9 minutes, 19 seconds

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Microsoft and Activision’s shared virtual universe

The car industry has turned on France’s plan to force manufacturers to attach the equivalent of a public health warning to their advertising, and US telecoms companies will delay their rollout of 5G services near airports. Plus, the FT’s Chris Nuttall, explains why Microsoft’s $75bn deal for Activision Blizzard makes sense. Mentioned in this podcast:Carmakers criticise French plan for health warning on advertsAT&T and Verizon limit 5G service near US airports after airlines’ outcryActivision leverages itself into metaversePatriotic Gen Zs fuel pandemic jewellery boom in China#techFT newsletterThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/19/2022 • 10 minutes, 6 seconds

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China applies brakes to Africa lending

UK inflation is expected to rise to a 30-year high when December’s data are released this week, Meta patent applications indicate how the Silicon Valley group intends to cash in on its virtual world with hyper-targeted advertising and sponsored content, Chinese lenders have grown more cautious about lending to African nations as some have reached the limit of their borrowing capacity and the prospect of defaults loom, and the Scottish government has awarded 25 gigawatts of offshore wind project development rights. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:UK inflation set to hit 30-year high as rate rise expectations mountFacebook patents indicate how it intends to cash in on the MetaverseChina applies brakes to Africa lendingBig boost to UK offshore wind capacity from Scottish auctionThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/18/2022 • 8 minutes, 8 seconds

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Bain under fire for enabling South Africa corruption

Pension cash for British Gas workers was used to buy Israeli cyberweapon developer NSO Group, European sales of electric cars overtook diesel models for first time in December, and the FT’s Southern Africa correspondent Joseph Cotterill discusses Bain’s role in state corruption in South Africa under former president Jacob Zuma. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyStories mentioned in this podcast:British Gas pension cash used to buy Israeli spyware group NSOhttps://www.ft.com/content/8b427be6-1025-4295-a25c-16374da53b79European sales of electric cars overtake diesel models for first timehttps://www.ft.com/content/f1bdf1cf-8fc3-4b85-a4eb-7df716ebf0a9Bain & Co, tax and Jacob Zuma: a tale of ‘state capture’ in South Africahttps://www.ft.com/content/b1bb5dd0-e7ce-4e15-ac48-05d2d990f6c7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.comhttps://www.ft.com/content/eceaec7d-34cd-43ad-96e1-a77f6809e40a Hosted on Acast. See acast.com/privacy for more information.

1/17/2022 • 9 minutes, 15 seconds

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FT Weekend: Tracey Emin: ‘I want to be a happy ghost’

This week, we’ve got two GOATs – that’s Greatests Of All Time. Legendary artist Tracey Emin is starting an art school and studio compound in Margate, England, the seaside town where she grew up. On the week of her winning the Whitechapel Art Icon Award, we speak to Emin about the legacy she’s building and examine the work that came before, from scandalous installations like “My Bed” to her more contemplative work. Then, the FT’s wine columnist Jancis Robinson teaches us about the world of wine. Robinson was the first non-winemaker to receive the title of Master of Wine from the Institute of Masters of Wine, the world’s most prestigious wine organisation.--------------Looking for a discount on an FT subscription? Use this link for special offers specifically for listeners of the show: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Louis Wise’s interview with Tracey Emin for How To Spend It: https://www.ft.com/content/ffd55216-7751-43d3-9ad8-f495cb08d7c7–Tracey Emin’s video “Why I Never Became a Dancer” (1995): https://www.artforum.com/video/tracey-emin-why-i-never-became-a-dancer-1995-49262–A free online exhibition of Emin's video works between 1995 and 2017 (Xavier Hufkens): https://www.xavierhufkens.com/exhibitions/video-works-1995-2017–Jancis Robinson’s Wine Course (Youtube, 1995): https://www.youtube.com/watch?v=jNahwe1nPHc&list=PL0smQshvSba5YYij7-R1HM-HT04woET9A –Jancis’ latest column, “Bargain Burgundy”: https://www.ft.com/content/c59f4150-b431-4202-b7f3-60fab84ac4fb   –Jancis on the truth about the wine world and diversity (no paywall): https://www.ft.com/content/3dc097fc-dbd8-4248-82e6-69d5acc1b169 --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

1/15/2022 • 29 minutes, 51 seconds

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The London-Kazakhstan connection

Google says it will spend $1bn to purchase its office building in London, Katie Martin explains why Ken Griffin selling a $1.2bn stake in his Citadel Securities is a big deal, and FT investigation correspondent, Tom Burgis, describes a British industry that caters to global elites who want to hide their wealth and manage their reputations. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Google bets on return to office with $1bn purchase of London buildingKazakhstan: violent clampdown highlights City of London’s lucrative roleKen Griffin’s Citadel Securities sells $1.2bn stake to Sequoia and ParadigmSecurity talks with US and Nato ‘unsuccessful’, says KremlinTwitter Spaces: Russia’s Geopolitical ambitions - 12pm ET/ 5pm GMT The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/14/2022 • 10 minutes, 37 seconds

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Environmental activists target top PR firms

Boris Johnson suffered the toughest day of his premiership on Wednesday when he faced calls to quit after he admitted attending a Number 10 “bring your own booze” party during lockdown, the commodities boom has extended to nickel which reached its highest level in a decade, environmentalist activists are targeting public relations firms, and Beyond Meat has become one of the most shorted companies on US stock market. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Nickel hits 10-year high as electric vehicle production ramps upActivists target public relations groups for greenwashing fossil fuelsShort sellers pile into Beyond MeatBoris Johnson faces calls to resign after ‘bring your own booze’ eventThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

1/13/2022 • 9 minutes, 11 seconds

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The Fed’s Big Shrink

Read a transcript of this episode on FT.comhttps://www.ft.com/content/afd4c412-780b-407a-8b5a-10175cf319fcA US judge says that the Federal Trade Commission can go ahead with a revised case seeking to break up Facebook, and the latest US inflation report is expected to show prices rose at their fastest pace in nearly 40 years. Plus, the FT’s US markets editor, Eric Platt, explains how the Federal Reserve is expected to wind down its $9tn balance sheet after a pandemic largesse. Mentioned in this podcast:Facebook loses bid to dismiss FTC antitrust case a second timeUS inflation expected to rise at fastest pace in nearly 40 yearsFederal Reserve prepares to shrink $9tn balance sheet after pandemic largesseHot-water bottles are… hotThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

1/12/2022 • 9 minutes, 22 seconds

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US shifts from the ‘war on drugs’

Read a transcript of this episode on FT.comhttps://www.ft.com/content/d84a12a8-97da-4331-836b-391c25c8676bThe Federal Reserve’s second-in-command has resigned after a trading scandal, companies raised more than $100bn on the bond market in the first week of this year, and Wall Street’s biggest banks are set to report record profits. Plus, the FT’s pharmaceutical correspondent, Jamie Smyth, discusses the latest controversy as the US shifts away from the ‘war on drugs’. Mentioned in this podcast:Fed’s second-in-command resigns after trading scandalCompanies raise $100bn on global debt market in brisk start to 2022Wall Street banks set to report record profits for 2021Will overdose deaths force an end to the US ‘war on drugs’?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

1/11/2022 • 9 minutes, 40 seconds

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Investors gear up for ‘gold rush’ in metaverse hardware

Read a transcript of this episode on FT.comhttps://www.ft.com/content/51351f23-63b8-458c-9ee2-a7cbda43c287Nato has warned Moscow to abandon its belligerent foreign policy or face a military alliance steeled for conflict, frustration over corruption in Portugal is the hot button issue for voters in this month’s election, and UK financial regulators plan to take a close look at cloud computing companies. Plus, the FT’s Asia business editor, Leo Lewis, explains why investors are ready to pour money into metaverse hardware makers. West treads narrow path to common ground in Russia talkshttps://www.ft.com/content/a1311bb7-7083-4491-89d7-2912289ebe68Trust in Portugal’s elite wanes over struggle to tackle corruptionhttps://www.ft.com/content/8a7b799e-2732-4979-ab49-c5cbf8587ce7Investors gear up for ‘gold rush’ in metaverse hardwarehttps://www.ft.com/content/182bb2a7-b4e4-4d0d-8178-4cd9b4c225c4UK financial regulators to step up scrutiny of cloud computing giantshttps://www.ft.com/content/29405a47-586b-4c5a-b641-0f479b4cee1dM&S steals retail crown back from upstart online rivalshttps://www.ft.com/content/67ff963d-8883-47d6-ba69-f30721efd006The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

1/10/2022 • 9 minutes, 52 seconds

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FT Weekend -- Happily ever after? Disney in the 21st century

Happy New Year! Our first episode of 2022 is dedicated to one of the world’s most powerful cultural forces: Disney. What happens when a company with that much influence just keeps growing? We visit Disneyland for a rare interview with CEO Bob Chapek, with FT reporters Chris Grimes and Anna Nicolaou. We explore where Disney Plus fits into the digital streaming wars. And Lilah speaks with a Disney expert, Sabrina Mittermeier, about how the company is reckoning with its prejudices 100 years into its history. --------------If you want a great offer on an FT subscription specifically for listeners, use this link: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Chris and Anna’s profile of Bob Chapek, Disney CEO: https://www.ft.com/content/69e1cc1e-9c64-4000-b47f-a7e448107a5b – And their follow-up on the streaming wars: ​​https://www.ft.com/content/ae756fda-4c27-4732-89af-cb6903f2ab40– Dr. Sabrina Mittermeier’s book, A Culture History of the Disneyland Theme Parks: https://press.uchicago.edu/ucp/books/book/distributed/C/bo70345519.html–Follow Anna Nicolaou on Twitter @annaknicolaou–Follow Chris Grimes on Twitter @grimes_ce--------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

1/8/2022 • 27 minutes, 12 seconds

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‘Spec-tech is getting wrecked’

Read a transcript of this episode on FT.comhttps://www.ft.com/content/4418eedc-e949-4d44-a517-55e73f2076f9Outgoing Federal Reserve vice-chair has blamed “inadvertent errors” for failing to disclose the full extent of his trading activity at the start of the pandemic, the FT’s Katie Martin looks back on the first week of trading in 2022, and our Moscow and Central Asia reporter, Nastassia Astrasheuskaya, unpacks the protests in Kazakhstan and Russia’s interest in helping its neighbour maintain stability.Fed trading scandal rekindled by disclosure from top officialhttps://www.ft.com/content/3bc91644-08e2-4cee-be2c-538d855cd675Kazakh protests are a warning for other ex-Soviet autocratshttps://www.ft.com/content/560b1b28-c180-40ec-b19a-ece58f214259US tech shares swing as investors assess Fed minutes and mixed datahttps://www.ft.com/content/76bd2194-ccf4-4029-b527-6d56d6c8465cTwitter Spaces: After the Capitol Riot, what role will civil unrest play  https://twitter.com/i/spaces/1djGXPDOgrzGZ?s=20The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

1/7/2022 • 9 minutes, 5 seconds

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Corporate America after the Capitol insurrection

Read a transcript of this episode on FT.comhttps://www.ft.com/content/31290819-a321-496e-a995-4281198ec453Minutes from the latest Federal Reserve meeting show the US central bank gearing up for more aggressive tightening, tech stocks plummeted, Hong Kong is bracing for sharply higher food prices, and one of Germany’s biggest utilities, Uniper, has been forced to seek €10bn of financing to avoid a cash crunch. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson, talks about corporate America in the year since a mob of Trump supporters stormed the US Capitol. Fed warns faster rate rises may be needed to tame soaring inflationhttps://www.ft.com/content/35766dd4-7da1-4064-9e60-79a714297c5aUniper secures €10bn of credit as gas prices surgehttps://www.ft.com/content/f8cdfafc-2ce4-4ad7-b8c4-98e6eaa6ce89Isolated Hong Kong faces higher food prices as pandemic restrictions bitehttps://www.ft.com/content/f31edc79-f7df-48d7-badf-5d074cb19afdUS companies under pressure to support voting rights pushhttps://www.ft.com/content/712d9e1a-68dc-451e-a094-0d7db570dfd7Twitter Spaces: After the Capitol Riot, what role will civil unrest play  https://twitter.com/i/spaces/1djGXPDOgrzGZAudio from the January 6th Capitol riot provided by CSPANThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

1/6/2022 • 9 minutes, 55 seconds

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The small German city hosting BioNTech

Read a transcript of this episode on FT.comhttps://www.ft.com/content/cf9a801f-d99d-4703-a1dd-2219ee91f3faChinese banks rushed to meet their annual state-imposed lending quotas last month by buying up low-risk financial instruments, a divided EU has demanded a role in next week’s negotiations with Russia over the Ukraine crisis, and travel stocks rose sharply on Tuesday. Plus, the FT’s Frankfurt correspondent, Joe Miller, explains why the German city of Mainz wants to hang onto the vaccine maker BioNTech.  Chinese banks buy up low-risk financial instruments amid concern over economyhttps://www.ft.com/content/70451eee-5163-4348-af1a-82656f7a50faTravel and leisure stocks surge as Omicron disruption fears fadehttps://www.ft.com/content/20ae6c32-2c03-45ad-af8d-b4310c5acce0EU demands seat at Ukraine talks as Russia prepares to meet US and Natohttps://www.ft.com/content/db2d642b-5068-40c3-a4c2-d3c330f3972bGerman city reaps tax windfall from BioNTech’s Covid vaccine successhttps://www.ft.com/content/5a705ebc-ce1f-4525-8406-d2875a32c473The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

1/5/2022 • 8 minutes, 52 seconds

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The pandemic is messing with US labour market data

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f1236902-0997-4028-8cd1-d50317d10abaA jury found Elizabeth Holmes guilty of conspiring to defraud investors in the failed blood testing start-up Theranos, Apple has become the first company to hit a market capitalisation of $3tn and US president Joe Biden is launching a crackdown on the country’s largest meat producers. Plus, the FT’s US economics editor Colby Smith explains why the country is struggling to measure jobs growth and the larger ramifications. Elizabeth Holmes found guilty in criminal fraud trialhttps://www.ft.com/content/8bde19f6-e8a5-4800-8882-fd799f0caac0Apple becomes first $3tn company after boost from pandemic demandhttps://www.ft.com/content/57f57303-82b9-49db-89ee-54888e1c714dBiden launches crackdown on largest US meat producershttps://www.ft.com/content/a180dc0d-0cfc-4321-91aa-c5772b4a8dc1US struggles to measure jobs growth as pandemic distorts labour market datahttps://www.ft.com/content/4f1155be-1a5f-4fd2-ba57-b15bdb273c00Mercedes breaks 1,000km barrier with electric-vehicle prototypehttps://www.ft.com/content/0017dfdf-c308-4e04-b4cb-8055568ddffeThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

1/4/2022 • 9 minutes, 50 seconds

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Forecasting the world in 2022

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f0ee8a8b-fab1-4fcc-a49e-864a7b2cf62eThe US chief medical adviser has warned of an “unprecedented” surge in Covid-19 cases, and Tesla smashed its own production and delivery records in the final months of last year. Plus, the FT’s chief leader writer, Neil Buckley shares some of the FT’s predictions when it comes to 2022’s top stories. Omicron drives Covid infections in US to record highshttps://www.ft.com/content/a75a74a9-a017-4c5a-9cc9-fd9c76bac51fTesla dodges supply woes to deliver record number of new vehicleshttps://www.ft.com/content/ad6d68b0-0171-4f24-9076-d778babf6fedForecasting the world in 2022https://www.ft.com/content/8909b60f-01aa-4c16-b448-178e46ecb3c9The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

1/3/2022 • 9 minutes, 42 seconds

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Who made up the metaverse?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/693b3337-ce80-4150-866a-01e1c3730fadUS financial conditions are near the most accommodative on record even as the Federal Reserve has begun stepping up its exit from coronavirus crisis-era stimulus measures, and soaring US stock markets are masking a strong tide that is pulling down the share prices of hundreds of companies, and the FT’s European technology correspondent, Madhumita Murgia, discusses science fiction’s influence on technology and social attitudes towards technology, particularly artificial intelligence. US financial conditions remain easy even as Fed pulls back on stimulus https://www.ft.com/content/2c73b1f4-b8c1-415b-8df0-237eff180cb0US stock market advance masks treacherous undercurrentshttps://www.ft.com/content/d248d1af-261e-47c8-9a5f-0d264cb9f83bInto the metaverse: how sci-fi shapes our attitudes to the futurehttps://www.ft.com/content/2f35be37-9da8-4cf6-89b2-8488b36c5a63$10bn James Webb Space Telescope scheduled for Christmas Day launchhttps://www.ft.com/content/ebc84a97-961a-4ac0-bba1-678580d11a71The clips from the Metaverse story were from the 1984 movie The Terminator, the 1968 movie called 2001: A Space Odyssey, and the Japanese cartoon Astro Boy. The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/23/2021 • 11 minutes, 4 seconds

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America’s segregated banking

Read a transcript of this episode on FT.comhttps://www.ft.com/content/ee47c8a9-9e84-4e31-bcf0-2314be0b406fUS stock exchanges are increasing their efforts to attract new companies to fill the gap left by a decline in Chinese listings, and Turkey’s lira jumped sharply after President Recep Tayyip Erdogan announced a new savings scheme. Plus, the FT’s US banking correspondent, Imani Moise, explains why black Americans struggle to get cheap bank loans. US Exchanges look elsewhere in Asia to replace lost Chinese listingshttps://www.ft.com/content/4800e080-816c-415c-8269-5268ab81b91aTurkey’s currency surges after Erdogan unveils lira savings scheme - with Laura Pitel https://www.ft.com/content/5301a1ce-2658-4452-860c-4c19fbcaa037Race and finance: America’s segregated banking sector - with Imani Moise https://www.ft.com/content/e63cbe88-6d46-4119-9067-e10a926c61c2Chinese investors pick luxury watches over houseshttps://www.ft.com/content/a9a34f94-9a49-4938-ae9e-ec4e6d2f4838The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/22/2021 • 10 minutes, 41 seconds

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Chile veers left

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5e8d9be2-8efa-4339-b80a-53ffe0664ec1US retailers’ supply chain problems are being exacerbated by computer programs known as “Grinch bots” that are buying up the most sought-after holiday gifts in split-second online swoops, Chinese artificial intelligence company SenseTime is relaunching its initial public offering in Hong Kong with the help of investment from state-backed entities after being blacklisted by the US, and in Chile a former student protest leader has won the final round of the presidential election as the Latin American country took a decisive shift to the left after several years of civil unrest.SenseTime’s IPO rescued by Chinese state-backed funds - with Ryan McMorrow https://www.ft.com/content/71709423-0fe2-4028-b208-68cbd0b2bd30‘Grinch bots’ buy up online goods during holiday shopping seasonhttps://www.ft.com/content/11e81aaa-9c7e-4099-b3c8-54f8adc9e5caChile election won by former student protest leader Gabriel Boric - with Michael Stott https://www.ft.com/content/fa9ba840-5d66-45e6-bf7a-2b8b4f6d9386The fight for the future of Chile https://www.ft.com/content/70981218-05a4-4685-86e0-a19b7cae7ff9The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/21/2021 • 8 minutes, 39 seconds

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The melody of a yield curve

Read a transcript of this episode on FT.comhttps://www.ft.com/content/b08546bc-7eee-4c25-9e5c-db458728e4c2US president Joe Biden suffered a blow to his efforts to pass his signature $1.75tn social spending bill when Joe Manchin, the pivotal Democratic senator from West Virginia, explicitly rejected the package, European countries are tightening restrictions to reduce the spread of Omicron after the Netherlands reimposed a strict nationwide lockdown on Saturday, and FT capital markets correspondent Tommy Stubbington explains why the yield curve is so important to investors using a musical interpretation of the all-important chart. European countries impose travel curbs to slow Omicron’s spreadhttps://www.ft.com/content/3316b665-9bfa-4e7e-ae68-c46601950cefMillions to lose child benefit as Biden social spending bill is delayed - with Taylor Nicole Rogers https://www.ft.com/content/9f4f23ca-304f-4738-807f-17a24ca6e82cJoe Manchin says he will vote against Biden spending billhttps://www.ft.com/content/a979165a-fd1c-4b85-8604-28085e2c0c9bThe yield curve: why investors are watching closely - with Tommy Stubbington https://ig.ft.com/the-yield-curve-explained/VIDEO: Sonification: turning the yield curve into musichttps://www.ft.com/content/80269930-40c3-11e9-b896-fe36ec32aeceThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/20/2021 • 8 minutes, 24 seconds

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FT Weekend—Predictions for 2022: Britney, flip phones and the metaverse

It's the final FT Weekend episode of 2021, and we are marking the end of one unpredictable year and the start of another. What do you think will happen in 2022? Matt Vella, FT Weekend Magazine editor, joins Lilah to discuss listeners’ cultural predictions. A lot of them had an air of nostalgia: Will Britney make a documentary about her life? Will flip phones make a comeback? Then, our pop critic Ludovic Hunter-Tilney teaches us the art of the perfect holiday playlist. --------------If you want a great offer on an FT subscription specifically for listeners (and not a bad Christmas gift!) use this link: http://ft.com/weekendpodcast--------------Thank you for listening to the show this year. We’ll be back on January 8! What culture will you be reading, watching, listening to during the holidays? Say hi and let us know! Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Two books by the late, great bell hooks: The Will to Change, and All About Love–The FT’s Christmas roundup-(the complete guide to eating, drinking, giving and self-caring your way to a very merry holiday this year): https://www.ft.com/content/3d6c80dd-dbc3-4e0e-939f-b917aa401dfc Here are Ludo’s reviews of his favourite albums of the year (all free to read):–The Weather Station: Ignorance https://www.ft.com/content/57aef341-cce1-4816-9939-3c71a3fe5edf –Nation of Language: A Way Forward https://www.ft.com/content/ed7f3da8-d033-4ca0-90c7-1b7e4b425a19 –Pharoah Sanders, Floating Points and the London Symphony Orchestra: Promises https://www.ft.com/content/c00c0655-013d-4d3b-8c7c-bf7dea47c1fc --------------Thank you to everyone who shared your notes, including: Andrei Berghianu from Romania, Olga Sihmane from Stockholm, Ashley Harris from Brooklyn, Lily Bland, Roger Ralph, Manish Prayaga, Helen Beedham, April from Los Angeles and so many more.--------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner.  Hosted on Acast. See acast.com/privacy for more information.

12/18/2021 • 28 minutes, 54 seconds

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The Bank of England’s surprise rate rise

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5355f6b9-ad94-401e-bedd-557a9e75b15fResidents of America’s biggest cities are struggling to book vaccine appointments because of the rising wave of the Omicron coronavirus variant, and TPG is joining the wave of private equity groups that are going public. Plus, the FT’s markets editor, Katie Martin, explains why investors were so taken aback by the Bank of England’s rate rise yesterday. Americans rush for vaccine boosters ahead of Omicron wave - Kiran Stacey https://www.ft.com/content/ed003f92-98fc-41e5-9884-565ddfe05196France to block entry to UK tourists as Omicron surgeshttps://www.ft.com/content/9e84e155-2963-4d29-8331-cace0d022fa5TPG joins wave of private equity groups going public https://www.ft.com/content/8fd93e65-9cc5-4156-9489-214b7a8c44d2Bank of England raises key interest rate to 0.25% - with Katie Martinhttps://www.ft.com/content/eb35ea37-fb8b-43a7-9d30-d985c58e62d7Uefa picks US bank to lead €7bn football financing packagehttps://www.ft.com/content/25a79b68-ba14-466a-bffd-fcda2a1103a7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/17/2021 • 9 minutes, 15 seconds

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The Fed expects three interest rate rises for next year

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5418e790-754e-4421-a7d2-99fd610466c3Federal Reserve officials expect to raise interest rates three times next year, and investors are piling into inflation-linked assets in a bet that consumer prices will continue to soar. Plus, the FT’s law courts correspondent, Jane Croft, tells the tale of a money laundering conviction that started with garbage bags stuffed with cash. Fed officials expect three rate rises next year in hawkish pivot on inflationhttps://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05Investors pour billions of dollars into inflation-linked assets - with Kate Duguidhttps://www.ft.com/content/76122770-a4ac-4cee-a045-fc1a298c1d5eNatWest fined £265m for money laundering failures - with Jane Croft https://www.ft.com/content/f080cc09-62bc-4898-9814-ee7759d80cd7M&S sues discounter Aldi over ‘copycat’ Christmas gin https://www.ft.com/content/ffccedd3-db95-4e5e-8641-d0cb9caeff81The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/16/2021 • 9 minutes, 18 seconds

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The queen of the bull market faces her toughest test

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9db04e62-720a-47b6-89a8-3fc0f383b489The US Federal Reserve is expected to announce a swift scaling back of its enormous stimulus programme and boost its expectations for interest rate increases next year, and the UK’s Advertising Standards Authority has taken the crypto industry to task for “widespread” problems with misleading and irresponsible ads. Plus, Ark Invest’s CEO, Cathie Wood, is known as the queen of the bull market. But the FT’s asset management editor, Harriet Agnew, explains that Wood’s concentrated bets on disruptive companies have left the pioneering ETF manager vulnerable. Fed poised to announce acceleration of stimulus taper - with Colby Smith https://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05UK advertising regulator issues rebukes to crypto industryhttps://www.ft.com/content/b48040e5-d510-4ac8-9e6c-6af568e587adCathie Wood’s Ark: a tech-driven bull market on steroids - with Harriet Agnew https://www.ft.com/content/67289726-85d3-47e2-9f1c-942f5f95d37dRentokil to buy US extermination specialist Terminix in $6.7bn dealhttps://www.ft.com/content/9182feea-3dd5-406b-8b70-d3e1e7090227The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/15/2021 • 9 minutes, 7 seconds

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The battle inside JPMorgan over A-Rod’s millions

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6c90116a-d978-4b3c-9fba-0b57b2a42aecThe US Department of Labor is investigating Apple over claims that it retaliated against an employee who complained of workplace harassment and unsafe working conditions, European gas futures rose 10 per cent on Monday after German foreign minister Annalena Baerbock said the Nord Stream 2 pipeline could not be permitted in its current form because it did not comply with EU law; and a senior banker at JPMorgan Chase is battling the bank and her colleagues who she says have been trying to poach her billionaire and multimillionaire clients. Apple faces probe over whether it retaliated against whistleblowerhttps://www.ft.com/content/973aae8d-21d9-4e84-8912-ead071c7935dEuropean gas prices rise after German concerns over Nord Stream 2 - with Guy Chazan https://www.ft.com/content/15a057f2-7647-496d-bcc6-6c4bcb836db6A baseball star in the ‘shark tank’: inside JPMorgan’s client poaching row - with Joshua Franklinhttps://www.ft.com/content/3b7ae6dc-b213-4463-b980-3b0401087187Harley-Davidson to spin off electric motorcycle divisionhttps://www.ft.com/content/0d290d5d-2f71-4991-928c-cc4518466f66The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/14/2021 • 9 minutes

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Fast fashion’s new superpower: Shein

Read a transcript of this episode on FT.comhttps://www.ft.com/content/99bcfb02-6de4-4658-9d7f-c210db884fdfThe cost of flying cargo around the world has reached record levels, and workers are demanding that gig economy companies explain their algorithms. Plus, the FT’s retail correspondent, Jonathan Eley, explains how the Chinese company Shein became one of the world’s biggest fast fashion companies and recently surpassed Zara to become the top fast fashion brand in the U.S.Air freight costs soar to record highhttps://www.ft.com/content/15b44fc9-5f86-4b28-ae05-a3233db13977Workers demand gig economy companies explain their algorithms - with Madhumita Murgia https://www.ft.com/content/95e7f150-b0f9-4602-8e5d-76a138b59851Shein: the Chinese company storming the world of fast fashion - with Jonathan Eley https://www.ft.com/content/ed0c9a35-7616-4b02-ac59-aac0ac154324Widening CEO-employee pay gap challenges ‘stakeholder capitalism’https://www.ft.com/content/7c9be0d8-d75b-45f3-8602-932ac25652b1The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/13/2021 • 10 minutes, 2 seconds

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FT Weekend: A trip to our secret book vault. Plus: the best books of 2021

This weekend, we’re going behind the scenes of the FT’s legendary Books of the Year roundup. Literary editor Frederick Studemann and deputy books editor Laura Battle take us into a secret room in the basem*nt of the FT, where all the books sent in for review are kept behind lock and key. You’ll leave this episode with a lot on your reading list, including recommendations from editor Roula Khalaf, FT weekend editor Alec Russell, chief economics commentator Martin Wolf and more.--------------If you want a $1 trial or 50% off a digital subscription, go to http://ft.com/weekendpodcast--------------Want to say hi? Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------We want your cultural predictions, wishes, or questions for 2022! Share them with Lilah and FT Magazine editor Matt Vella by Sunday, December 12. Open your phone’s voice memo app, get close to the mic and say your name, location and your thoughts, then email it to [emailprotected]. You can write to us, too. But you’ll sound great on tape, we promise.--------------Links and mentions from the episode: –Roula Khalaf recommends Empire of Pain by Patrick Radden Keefe–Pilita Clark recommends The Hydrogen Revolution by Marco Alvira and How to Blow Up a Pipeline by Andreas Malm. Her whole climate list: https://on.ft.com/3DFcYLr –Alec Russell recommends Sentient by Jackie Higgins and Free by Lea Ypi–Edwin Heathcote recommends Public House: A Cultural and Social History of the London Pub. His whole architecture and design list: https://www.ft.com/content/37545da9-7142-408b-a0bb-e458079ebd53  –One of Edwin’s favorite books of the past few years is Sandfuture by Justin Beal. Here’s his review (free to read): https://www.ft.com/content/91a35024-4e41-4325-81ca-2373321ae4ff –Fred Studemann recommends Notes from Deep Time by Helen Gordon, The Passenger by Ulrich Boschwitz and Just the Plague by Lyudmila Ulitskaya–Laura Battle recommends Crossroads by Jonathan Franzen, Small Things Like These by Claire Keegan, and the audiobook of Harlem Shuffle by Colson Whitehead. Her whole fiction list: https://www.ft.com/content/7a881a03-2462-459e-930c-f526e4e54449 –Martin Wolf’s economics list: https://www.ft.com/content/25ca2b59-8047-4f9b-bf99-e7f7c15d8d51 –Explore the whole Books of the Year package: https://www.ft.com/booksof2021Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

12/11/2021 • 25 minutes, 22 seconds

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The markets shrug off Omicron

Read a transcript of this episode on FT.comhttps://www.ft.com/content/699883ef-69b7-425f-a149-915268ccac82US consumer prices for November are expected to have increased at the fastest pace in nearly 40 years, and workers at a Starbucks in Buffalo, New York, have voted to become the coffee shop chain’s first unionised store in the US. Plus, FT markets editor, Katie Martin, explains why investors are shrugging off the Omicron variant of the coronavirus. US consumer prices expected to log biggest annual gain since 1982 - with Colby Smith https://www.ft.com/content/f355feab-e9f0-4dfc-bcd7-1759983dfb16Markets: variant, what variant? - with Katie Martin https://www.ft.com/content/c9a674a8-a961-4f7b-be1f-7a6922526296Starbucks workers approve first US union at Buffalo store - with Taylor Nicole Rogers https://www.ft.com/content/99653893-e23a-47ef-be04-6076b7a6e5b3Sackler name to be removed from Metropolitan Museum of Art gallerieshttps://www.ft.com/content/2a898811-ddce-40fc-a736-f538ec31d58dThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/10/2021 • 10 minutes, 52 seconds

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Evergrande’s endgame

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f448826b-f40b-49be-824d-5795493cee5fThe Big Four accounting firms have recorded their strongest financial performance since the collapse of Enron, and Apple is tolerating a loose interpretation of its new privacy rules allowing app developers to collect data from its 1bn iPhone users for targeted advertising. Plus, the FT’s Beijing Bureau chief, Tom Mitchell, explains how the Chinese government might orchestrate the slow-motion collapse of indebted property developer Evergrande. Big Four post strongest performance since Enron as advisory business booms - with Michael O’Dwyerhttps://www.ft.com/content/95a0c80b-1262-42c3-ac5b-bb693e06d3c4Apple reaches quiet truce over iPhone privacy changes - with Patrick McGeehttps://www.ft.com/content/69396795-f6e1-4624-95d8-121e4e5d7839Beijing seeks to orchestrate slow-motion collapse for Evergrande - with Thomas Hale https://www.ft.com/content/21acda99-ee35-4f6d-8cfa-017d55e1bb10The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/9/2021 • 9 minutes, 49 seconds

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Biden-Putin spar over Ukraine

Read a transcript of this episode on FT.comhttps://www.ft.com/content/4f159e0e-06fa-4610-8768-4807a47b6fbeChina is preparing a blacklist that could tightly restrict the main channel technology start-ups use to attract international capital, and the US is pressuring Germany to block Russia’s Nord Stream 2 gas in the event that Vladimir Putin invades Ukraine. Plus, the FT’s hedge fund correspondent, Laurence Fletcher, talks about Elliott Management, one of the most “fearsome” activist hedge funds. China to tighten rules for tech companies seeking foreign moneyhttps://www.ft.com/content/7689489c-cdad-4596-a7c6-0774ed68bf5aUS demands halt to Nord Stream 2 if Russia invades Ukraine -with Max Seddon https://www.ft.com/content/d1ed75b0-338f-42f8-836b-f94cb00670caActivist investor Elliott attacks SSE over renewable energy plans -with Laurence Fletcher https://www.ft.com/content/68faf5d2-ae6a-4391-aa64-3ca8ace45715Chinese marriages fall to 13-year low as demographic crisis brewshttps://www.ft.com/content/f0fe5b5e-6a0f-4b39-b457-db07294c696fThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/8/2021 • 8 minutes, 31 seconds

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Researchers struggle to access Facebook data

Read a transcript of this episode on FT.comhttps://www.ft.com/content/0c162b9e-4c9a-40bf-ab48-a6d5f9830f6eA sustained rally in the price of carbon allowances could prompt UK government intervention, Germany’s new government is prioritising climate goals, and the FT’s European technology correspondent, Madhumita Murgia, reports on academics’ struggles to access Facebook data that they need in order to find out more about the social effect of the company’s platforms.Carbon price surge triggers UK market mechanismhttps://www.ft.com/content/4b4631ac-92fa-47da-9d81-1c01aa185cd0Olaf Scholz plots a way round Germany’s debt rules - with Guy Chazan https://www.ft.com/content/7f035d83-a85f-4a42-b81c-0d61af37e4faInvestigating Facebook: a fractious relationship with academia - with Madhumita Murgia https://www.ft.com/content/1f409239-9e4a-4988-b6fa-cad4dbe7c344Ghosn brands Nissan ‘visionless’ as electric vehicle plan falls flat https://www.ft.com/content/b7dd2398-a338-4fef-ad54-b1272e916651The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

12/7/2021 • 8 minutes, 58 seconds

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The Tesla-financial complex

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6842cbfd-af06-459d-80cb-e62f68db910cSeveral of Toshiba’s biggest shareholders accuse the conglomerate of failing to fully pursue talks with private equity buyers and plan to vote against a company proposal to split into three separate businesses, European auto suppliers say half a million jobs would be at risk under EU plans to effectively ban combustion-engine cars by 2035, and Tesla’s outsized influence in financial markets may not be due to its market capitalization but what FT global finance correspondent Robin Wigglesworth calls the “Tesla-financial complex.”  Toshiba shareholders accuse conglomerate of overlooking privatisation bidshttps://www.ft.com/content/f284fdaf-a900-4af4-920c-5c42091b19dbEuropean auto suppliers warn shift to electric would put 500,000 jobs at risk - with Joe Miller https://www.ft.com/content/1e0040c9-aab2-4881-828b-e992f23a9f3eThe ‘Tesla-financial complex’: how carmaker gained influence over the markets - with Robin Wigglesworth https://www.ft.com/content/17f0cd1f-e751-4ddb-b13c-ea4e685b55c0Singapore suspends crypto exchange over spat with K-pop group BTShttps://www.ft.com/content/eea3a969-0dbd-4894-a049-1f566ef1660eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/6/2021 • 10 minutes, 23 seconds

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Weekend: Seeing Princess Diana, with ‘Spencer’ director Pablo Larraín

Do we need another Princess Diana film? Maybe we do, actually. This weekend, we’re talking about new ways to see old things. Lilah speaks with director Pablo Larraín, who our film critic calls ‘one of the most consistently interesting directors in cinema today’. He explains the creative process behind his new film Spencer, starring Kristen Stewart as Diana. Then, we ask the question: what is up with the House of Lords? The FT’s political editor George Parker explains why one of the world’s most prominent democracies has an entirely unelected house of legislature, with some seats passed down hereditarily to eldest sons.---------------------We want your cultural predictions, wishes, or questions for 2022! Share them with Lilah and FT Magazine editor Matt Vella by December 12. Here’s what to do: Open the voice memo app on your phone. Get close to the mic and say your name, where you’re from and your prediction, then email it to [emailprotected]. You can write to us, too. But you’re going to sound great on tape, we promise.---------------------Go to http://ft.com/weekendpodcast for a special discount on an FT subscription!---------------------Links from the episode: –Film critic Danny Leigh’s interview with Pablo Larraín: https://www.ft.com/content/87efb3c2-82ee-11ea-b6e9-a94cffd1d9bf–Spencer review: https://www.ft.com/content/e05684d2-9161-4fdd-94cf-7d8f4576ffaa –George Parker on the House of Lords: https://www.ft.com/content/d5aebb99-0316-41a9-b19a-505713e4fb41–Last year’s predictions — forecasting the world in 2021: https://www.ft.com/content/cbfe6821-c70b-4e4d-977b-979bfe929fd3 Hosted on Acast. See acast.com/privacy for more information.

12/4/2021 • 27 minutes, 41 seconds

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Brazil’s bullish finance minister

Read a transcript of this episode on FT.comhttps://www.ft.com/content/e596c61d-a93c-48e6-8a16-c3b67d1f3f17Saudi Arabia has agreed to keep increasing monthly crude oil production following a charm offensive by Biden administration officials, the US is delaying a deal to remove Trump-era tariffs on UK steel and aluminium, and Brazil’s economy has entered a technical recession but its finance minister remains bullish about his economy. Plus, FT Weekend deputy editor, Esther Bintliff, talks about the magazine’s 2021 list of the 25 most influential women. Opec+ sticks with oil supply increase after US overture to Saudi Arabiahttps://www.ft.com/content/ef94213b-4b7f-44de-903e-1b48d35213abBrexit fears hold back US-UK trade dealhttps://www.ft.com/content/608e5634-9894-449d-9a09-4f903f0e7169Brazil’s finance minister vows ‘fight to the end’ to save reformshttps://www.ft.com/content/933c9809-4055-4c3b-b14a-00700630e5bbThe FT’s 25 most influential women of 2021https://www.ft.com/womenof2021The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/3/2021 • 9 minutes, 47 seconds

FT News Briefing - Winamp (703)

Iran’s looming water crisis

Read a transcript of this episode on FT.comhttps://www.ft.com/content/79f693ec-50d9-42d0-94af-b8b5d9d8d931The US-based Women’s Tennis Association says it will suspend its tournaments in China over Beijing’s handling of tennis star Peng Shuai and her sexual assault allegations; the rapid growth of multi-manager hedge funds has unleashed a fierce battle for talent and driven compensation for top traders sky-high; a local dispute in France over an offshore wind farm has spiralled into a polarising national election issue; and Iran’s historic city of Isfahan has been the site of big protests over a shortage of water.  WTA suspends tennis tournaments in China over Peng Shuai casehttps://www.ft.com/content/c827fb41-e5fe-49cf-a31c-aa99b4a56d2eHedge funds wage pandemic battle for talent https://www.ft.com/content/241505c0-daf8-4ea7-b727-b0ba774c00faFrance: the battle over wind power stirs up the electionhttps://www.ft.com/content/29cb5f2b-9b09-49bf-b306-c3a782191f6cIranian water protests a ‘wake-up call’ for regimehttps://www.ft.com/content/1f484ccb-794c-4122-bd29-be15e75fe0bbThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/2/2021 • 9 minutes, 20 seconds

FT News Briefing - Winamp (704)

Stock market fragility

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5810c0fd-5325-4b58-93d6-4790d00956adJay Powell signalled his support for a quicker withdrawal of the Federal Reserve’s massive asset purchase programme, and the world’s biggest clothing retailer, Inditex, has named the 37-year-old daughter of its founder as the company’s new chair. Plus, Robin Wigglesworth, the FT’s global finance correspondent, explains why markets might be more fragile than many people think. Powell signals support for quicker ‘taper’ of Fed’s bond buying schemehttps://www.ft.com/content/181021d7-9dc4-4a55-a8e9-d5ae26e8e5c1Markets are more fragile than investors thinkhttps://www.ft.com/content/c25bd7df-0f13-4bb1-94b3-e36ed8fb2b97Inditex shares fall after it appoints founder’s daughter as chairhttps://www.ft.com/content/57283cb1-20d8-43a7-85aa-6ca59a49099cMorrisons ditches soya for insects in chicken feed to hatch carbon neutral eggshttps://www.ft.com/content/ce180ed3-67c5-4e47-91e3-32049866cae1The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

12/1/2021 • 10 minutes, 20 seconds

FT News Briefing - Winamp (705)

Jack Dorsey exits Twitter

Read a transcript of this episode on FT.comhttps://www.ft.com/content/b6aa92ea-4a07-4423-acbe-deacad5313a5Twitter co-founder Jack Dorsey stepped down as the company’s chief executive on Monday, and an activist investor has called on commodities giant Glencore to spin off its thermal coal business. Plus, the FT’s global pharmaceutical correspondent, Hannah Kuchler, explains how Pfizer came to dominate the market for Covid jabs and what the concerns are about the company’s market power. Activist calls on Glencore to spin off coal assetshttps://www.ft.com/content/6f5a8c43-76d4-4843-a15e-47bc767ec6d8Jack Dorsey resigns as Twitter chief executivehttps://www.ft.com/content/bf45fd08-51d1-41bb-82cd-b3157a5da055The inside story of the Pfizer vaccine: ‘a once-in-an-epoch windfall’https://www.ft.com/content/0cea5e3f-d4c4-4ee2-961a-3aa150f388ecThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/30/2021 • 9 minutes, 19 seconds

FT News Briefing - Winamp (706)

Nations race to contain the Omicron variant

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f39ef841-2756-40c4-9da5-487316beac2eCountries are imposing new lockdowns and travel restrictions to try and contain the new Omicron coronavirus variant, and the UK’s competition regulator is expected to try and reverse Meta’s acquisition of online gif platform Giphy. Plus, the FT’s Tehran correspondent, Najmeh Bozorgmehr, offers a view from Iran as the country prepares to sit down with Western powers in Vienna this week for talks intended at reviving the moribund nuclear accord. Nations race to contain Omicron variant as more cases detectedhttps://www.ft.com/content/2da44fcf-99f7-43a8-b4b0-c3c1d4782cf3UK regulator expected to block Meta’s $400m Giphy dealhttps://www.ft.com/content/662c8e3f-4909-4bec-9131-c0237bb4897dIran’s Raisi under pressure to deliver as patience frayshttps://www.ft.com/content/6ea22507-55c2-47d1-95c0-111ef1496163Ghislaine Maxwell trial set to shed light on Epstein misdeedshttps://www.ft.com/content/58d5b0f8-c711-4bc8-b51a-6ce00bbeeeeeThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

11/29/2021 • 7 minutes, 55 seconds

FT News Briefing - Winamp (707)

FT Weekend: Eat, drink and be merry

What do you think of when you hear the words ‘British food’? This week, to celebrate the FT Weekend Magazine’s food and drink holiday special, we’re digging in. Food critic Tim Hayward praises modern British cuisine and challenges his compatriots to be proud of their food culture. Our team visits one of the last standing eel and pie shops in London to explore how culinary traditions survive. Then, Lilah learns a great holiday co*cktail from one of Brooklyn’s best mixologists, Shannon Mustipher, author of Tiki: Modern Tropical co*cktails and the first African-American bartender to write a co*cktail recipe book in 100 years. If you want a great discount on an FT subscription or a $1 month-long trial, go here: http://ft.com/weekendpodcast --------------------------Links from the episode:— Tim Hayward on how Britain overcame its culinary cringe: https://www.ft.com/content/5e718d4e-140f-4991-9dd1-2779d64732c5— Tim in this weekend’s Magazine Food and Drink Special, about the merry hell of Christmas: https://www.ft.com/content/fb718958-a556-42bb-9ac9-33b394f8fc52 — The 25 best hotel bars in the world, including Lilah’s recommendation: https://www.ft.com/content/a51b0215-344e-4aa0-b3b4-c5a78ddd8299— Shannon Mustipher’s book, Tiki: Modern Tropical co*cktails: https://www.rizzoliusa.com/book/9780789335548/— You can explore the whole magazine issue here: https://www.ft.com/magazineShannon’s co*cktail: Tha God’s Honest Truth, inspired by El Diablo1.75 oz Casa Dragones Tequila Blanco, 1 oz Ginger Beer (with low sugar content, like Fever-Tree), .75 oz Hisbiscus Syrup, .75 lemon Juice. Combine all but ginger beer in a shaker with ice. Shake and strain into a chilled Collins glass. Tip off with ginger beer, garnish with a lime wheel, then serve.Sorrel (Hisbiscus) Syrup500 ml water, 500 ml sugar, 2 -3 cinnamon sticks, 5 whole cloves. In a saucepan, toast the cinnamon and cloves for 2 minutes, until aromas are released. Add the water and bring to a soft boil (don’t over-boil). Add the sugar, reduce to a low simmer and whisk briskly to dissolve. Add ¾ cup dried hibiscus and simmer for 30-45 minutes, until desired flavor extraction is achieved. To serve: Strain out the solids and chill prior to use.--------------------------Want to say hi? Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. Mixing and sound design by Breen Turner, with original music by Metaphor music. Hosted on Acast. See acast.com/privacy for more information.

11/27/2021 • 26 minutes, 42 seconds

FT News Briefing - Winamp (708)

Biden’s strategic political reserve

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5074f2b1-fd14-490a-9234-3027d565adc9President Joe Biden has authorised the release of 50m barrels of oil “over the coming months” from the US strategic petroleum reserve in a move co-ordinated with China, India, Japan, South Korea and the UK to drive down fuel prices and FT Video journalist and producer Donell Newkirk discusses his FT documentary on the evolution of the music industry. US to release 50m barrels of oil from reserves - with Derek Brower https://www.ft.com/content/4e7f2590-1a4f-4792-9e64-eafabdef6534How to make money in the music business - with Donell Newkirk https://www.ft.com/video/cae8ce65-9639-4c9d-978c-b5759d0774f5Radiohead’s interactive ‘exhibition’ pushes music and games into new territoryhttps://www.ft.com/content/eb18c19a-d568-4436-991c-d4e302a3cdc0The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

11/24/2021 • 10 minutes, 24 seconds

FT News Briefing - Winamp (709)

China’s game-changing hypersonic technology

Read a transcript of this episode on FT.comhttps://www.ft.com/content/e83a0e51-9195-4c95-8f0b-263f97794302Joe Biden has nominated Jay Powell to serve a second term as chair of the Federal Reserve, opting for continuity as the US economy grapples with persistently high inflation and a patchy labour market recovery; China’s hypersonic weapons test in July included a technological advance that enabled it to fire a missile as it approached its target travelling at least five times the speed of sound, a capability no country has previously demonstrated and one that caught Pentagon scientists off guard. Joe Biden nominates Jay Powell for second term as Fed chairhttps://www.ft.com/content/9e9540a2-2ba8-4e0e-84d8-a1945c20453aChinese hypersonic weapon fired a missile over South China Sea, Pentagon struggles to understand how Beijing mastered technologyhttps://www.ft.com/content/a127f6de-f7b1-459e-b7ae-c14ed6a9198cUber to sell cannabis to customers in Canadahttps://www.ft.com/content/22855150-d04c-4f43-adb1-f066c170555aThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

11/23/2021 • 11 minutes, 33 seconds

FT News Briefing - Winamp (710)

The growing problem of space junk

Read a transcript of this episode on FT.comhttps://www.ft.com/content/db10452c-ddf2-445a-a28f-34253506c142Saudi Arabia has an ambitious goal to increase domestic military production as part of Crown Prince Mohammed’s plan to diversify the oil-dependent economy, video game maker Electronic Arts and football governing body Fifa are in a bitter dispute over the value of the Fifa name that could end their lucrative sports licensing partnership, and the FT’s international business editor Peggy Hollinger says Russia’s destruction last week of one of its old satellites adds to the risk of debris colliding with spacecraft. EA and Fifa’s 30-year video game union at risk in battle over name - with Murad Ahmedhttps://www.ft.com/content/433c3af7-6ea1-4c7f-ab94-94a431aec2d4Russian satellite debris is a wake-up call for emerging space industry - with Peggy Hollinger https://www.ft.com/content/c27d6560-8641-4f0c-926b-8278de737206The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/22/2021 • 10 minutes, 19 seconds

FT News Briefing - Winamp (711)

FT Weekend: The art of conversation, with Ruby Wax

FT Weekend is a weekly Saturday show that brings the best of our Life & Arts journalism into audio form. You can follow it on its own feed at 'FT Weekend'. This week, we talk about conversation. Columnist Enuma Okoro explores what makes certain conversations feel good. Lilah and US Managing Editor Peter Spiegel chase the mystery of who actually wrote the US constitution along with esteemed historian William Ewald. And Ruby Wax, the iconic celebrity interviewer of the 90s, tells us how she got stars good and bad—from the Spice Girls to Bill Cosby—to open up and show us who they really are.Links from the episode: — The FT’s best books of 2021 (paywall): https://www.ft.com/booksof2021— Enuma Okoro on the art of conversation: https://www.ft.com/content/7ea1d669-a490-418e-a4a0-5aa04175657a — Watch Lilah’s full conversation with Ruby Wax: https://www.youtube.com/watch?v=E317YWBFyws — Watch a lecture by UPenn law and philosophy professor William Ewald, on forgotten founding father James Wilson: https://vimeo.com/521928817— Ewald’s published articles about Wilson: https://scholarship.law.upenn.edu/do/search/?q=author_lname%3A%22Ewald%22%20AND%20author_fname%3A%22William%22 Want to say hi? Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. If you want a great discount on an FT subscription or a $1/£1/€1 month-long trial, we’ve got you: http://ft.com/weekendpodcast Mixing and sound design by Breen Turner, with original music by Metaphor music. ‘Yankee Doodle’ was performed by Carrie Rehkopf. Clips of Ruby Wax are from BBC. Hosted on Acast. See acast.com/privacy for more information.

11/20/2021 • 33 minutes, 35 seconds

FT News Briefing - Winamp (712)

Euro drama in currency markets

Read a transcript of this episode on FT.comhttps://www.ft.com/content/896cc408-68c4-4fd1-960b-85bb18843384Ford and General Motors said on Thursday that they are improving links with semiconductor manufacturers to improve their supply of electronic chips as the car industry confronts a shortage. Some foreign companies are still investing in Turkey despite the country’s ailing economy. Plus, the FT’s markets editor, Katie Martin, explains why the euro is losing value against the US dollar and why it could potentially make inflation worse. Ford and GM pursue ties with semiconductor groups to boost chip supplyhttps://www.ft.com/content/06252ac7-5b10-45d8-834f-c7180722bda0Euro hit by bets ECB monetary policy will diverge from major peers - with Katie Martin https://www.ft.com/content/f09a8ba8-c196-46d0-8fe7-15d6ae64364fTurkey defies warnings and cuts interest rateshttps://www.ft.com/content/2db0434d-2851-4485-850d-06cfca32ff22FT News Briefing wins Gold and a People’s Lovie Awards:https://winners.lovieawards.com/?_ga=2.160925368.480629916.1637093197-697055072.1634666649#!p=118The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/19/2021 • 10 minutes, 21 seconds

FT News Briefing - Winamp (713)

EV market capitalisations go bonkers

Read a transcript of this episode on FT.comhttps://www.ft.com/content/eb7eaf32-597e-403a-bb3c-71290113ad92US President Joe Biden has called on the Federal Trade Commission to investigate whether the country’s biggest oil companies are engaged in “potentially illegal conduct”, the euro fell to its lowest level in 16 months this week as currency markets bet on divergence between the ECB and other major central banks. Plus, the market capitalisation of electric vehicle upstart Rivian has surpassed that of VW and FT global motor industry correspondent Peter Campbell explains why investors are piling into EV shares. Joe Biden demands probe of ‘potentially illegal conduct’ in oil sector - with Lauren Fedor https://www.ft.com/content/66df689f-8a8e-4adb-a57a-664142c8be46Euro hit by bets ECB monetary policy will diverge from major peershttps://www.ft.com/content/f09a8ba8-c196-46d0-8fe7-15d6ae64364fEV maker Rivian eclipses Volkswagen in value while Lucid overtakes Ford - with Peter Campbell https://www.ft.com/content/a0575122-404d-4d11-b54b-f1af77733a4eStaples Center in Los Angeles to be renamed Crypto.com Arena - with Sara Germanohttps://www.ft.com/content/0e4af0d3-0ae9-48c5-8aee-9a1a9a5721a4The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/18/2021 • 9 minutes, 12 seconds

FT News Briefing - Winamp (714)

On trial in the Vatican

Read a transcript of this episode on FT.comhttps://www.ft.com/content/e08f700a-75e9-427d-b360-2a7c99c3fb24Joe Biden and Xi Jinping have agreed to hold talks aimed at reducing tensions as US anxiety grows over China’s expanding nuclear arsenal and its recent test of a hypersonic weapon, Germany’s energy regulator said it had “temporarily suspended” certification of the Kremlin-backed Nord Stream 2 pipeline, and today a high stakes trial involving the Holy See’s investments in a London property development is set to resume in a court in the Vatican. US and China agree to hold talks on nuclear arsenalshttps://www.ft.com/content/6e8ad43b-0bb8-4d03-b768-dcb534589841Germany suspends certification of Nord Stream 2 pipeline - with Erika Solomonhttps://www.ft.com/content/a5141b69-0655-48b2-a53a-76d841b02702Vatican cardinal goes on trial in landmark financial corruption case - with Miles Johnson https://www.ft.com/content/9ead42bd-d6bb-4b02-b160-00cfd0e400f3UK ad watchdog investigates ‘meme coin’ Floki Inu’s London marketing blitzhttps://www.ft.com/content/741bc6ac-74cc-405b-a9f3-93d2a98bfecaThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/17/2021 • 10 minutes, 3 seconds

FT News Briefing - Winamp (715)

Shell shifts HQ to the UK

Read a transcript of this episode on FT.comhttps://www.ft.com/content/fe1805b2-ef2f-48b4-9ca3-37e8c5f82e11The use of brand new “virgin” plastics by some of the world’s largest brands has peaked and is on track to fall significantly by 2025, US coal prices have jumped to their highest level in more than 12 years. Plus, the FT’s business columnist, Helen Thomas, explains why Royal Dutch Shell is leaving Amsterdam for the UK. Global brands’ use of ‘virgin’ plastics on track for significant drop by 2025https://www.ft.com/content/c4a4e31d-dbe2-4a54-b059-88d175bef5f2​​US coal prices jump to highest level since 2009https://www.ft.com/content/180e4544-6448-48d2-a347-5f9d27b43d61Dutch government scrambles to keep Shell in Netherlandshttps://www.ft.com/content/6339b89b-af46-480f-b34e-8c7fb6ae1e60Oatly shares tumble as plant-milk maker warns on revenueshttps://www.ft.com/content/a17345bc-9306-44ca-8e6c-26fc071166ccThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/16/2021 • 9 minutes, 46 seconds

FT News Briefing - Winamp (716)

Brexit drama 2.0

Read a transcript of this episode on FT.comhttps://www.ft.com/content/42928696-226a-4d50-9a49-4ee16f8b107fBeijing has accused the EU of risking damage to world supply chains by throwing up regulatory and trade hurdles to foreign businesses, and the COP26 UN climate summit in Glasgow led to an agreement among 197 countries on new rules for limiting greenhouse gas emissions. Plus, the FT’s EU correspondent, Andy Bounds, explains Article 16 and why the Brexit deal could unravel over Northern Ireland. China accuses the EU of threatening global tradehttps://www.ft.com/content/9c9dbc9e-1d33-4e41-9c79-b0df51cd678eCOP26 agrees new climate rules but India and China weaken coal pledge - with Emiliya Mychasuk https://www.ft.com/content/c891d4af-f80b-48f0-8b6f-a8763655c936Northern Ireland Brexit deadlock: what is Article 16 and what happens if it is triggered? - with Andy Bounds https://www.ft.com/content/b09a58c0-27fb-4453-a6a0-1f2cd74b9ea2Premier League closes in on record sale of US TV rightshttps://www.ft.com/content/1cb410ac-983d-43da-bd1e-e4faa808d157The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/15/2021 • 10 minutes, 43 seconds

FT News Briefing - Winamp (717)

FT Weekend: How to live forever

FT Weekend is a weekly Saturday show that brings the best of our weekend journalism into audio form, with everything from culture and food and the arts, to nuanced questions and big ideas. In this episode, we ask the question: what does it mean to defy death? Rock climber Leo Houlding tells us about his terrifying family holidays, scaling vertical cliff-faces with his two young kids. We also explore radical life extension with science writer Anjana Ahuja. How close are we scientifically to extending the human lifespan to 150 or 200? What are the implications when we get there? And do we really want to live forever? PLUS: inside the luxury life extension market, with How to Spend it writer Tiffanie Darke. Links from the episode: — Leo Houlding’s extreme family holiday in Wyoming’s wild west: https://www.ft.com/content/0bcba30a-bb46-4bc1-8a7d-9166dc43a5e8  — Anjana Ahuja on whether we can live forever: https://www.ft.com/content/60d9271c-ae0a-4d44-8b11-956cd2e484a9 — Inside the life extension market, with Tiffanie Darke: https://www.ft.com/content/867e647b-c0e8-4aeb-9777-fedff7ec3476 Want to say hi? Email us at [emailprotected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. If you want a great discount on an FT subscription or a $1/£1/€1 month-long trial, we’ve got you: http://ft.com/weekendpodcast Mixing and sound design by Breen Turner, with original music by Metaphor music. Hosted on Acast. See acast.com/privacy for more information.

11/13/2021 • 28 minutes, 18 seconds

FT News Briefing - Winamp (718)

Facebook’s whistleblower goes to Europe

Toshiba has ruled out pursuing a deal to take the whole company private and is set to reveal a plan to split the business in three, and Facebook’s whistleblower is calling on the UK and EU to do more to control online harm. Plus, the FT’s markets editor, Katie Martin, will dive into the latest US inflation report and Elon Musk’s sale of 10 per cent of his Tesla shares. Toshiba rules out deal to take whole group privatehttps://www.ft.com/content/045c6366-3c54-4462-89b4-95246122c948?Facebook whistleblower warns UK and EU to do more to control online harm with Madhumita Murgia https://www.ft.com/content/dcc9c9bf-2abe-4167-aaac-efc067d5a359VIDEO: Facebook whistleblower on 'harmful but legal' content | FT interviewhttps://www.ft.com/video/19aaadc2-a12a-4404-81c7-384a6c63fb49Inflation is bad, but not worse - with Katie Martin https://www.ft.com/content/201ab9be-60f5-4ed1-88be-58639e89f4c8Elon Musk offloads nearly $5bn in Tesla shareshttps://www.ft.com/content/c88eaf9f-6d56-4cb3-9fd5-22847835f73bThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/12/2021 • 9 minutes, 32 seconds

FT News Briefing - Winamp (719)

Inflation bites Biden

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7d4a1b33-d4a4-4bff-a305-23c082be7c57US consumer prices jumped in October at the fastest pace in three decades, and shares of electric truck startup Rivian soared on its first day of trading. Plus, the FT’s Latin America editor, Michael Stott, explains why Colombia’s president is castigating cocaine users for their role in destroying the Amazon rainforest. US consumer prices rise at fastest pace in three decades - with Colby Smithhttps://www.ft.com/content/5a5a7e5f-4207-4de1-9432-002f96de67bbElectric vehicle start-up Rivian soars on stock market debut - with Dave Leehttps://www.ft.com/content/e2fb010f-0d29-4e80-8ad7-797973d463f7Colombia’s president says cocaine users culpable in Amazon destruction - with Michael Stotthttps://www.ft.com/content/375f07cd-4c3b-404a-b812-1b81dca7c1c7Disney’s streaming growth disappoints in fourth quarterhttps://www.ft.com/content/9d8fedd1-36db-45c8-8596-dce1905ec6f7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/11/2021 • 9 minutes, 36 seconds

FT News Briefing - Winamp (720)

Big investors get tougher with companies over climate change

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5656f24c-a8db-4626-bd6f-c2ab0aa4aa8cGeneral Electric plans to break into three separate companies after years of trying to respond to flaws in its business model exposed by the financial crisis, China’s President Xi Jinping is paving the way for his unprecedented bid for a third term in power. Plus, the FT’s investment correspondent, Attracta Mooney, explains why a growing number of asset managers are getting tougher on companies in their portfolios to address climate change. 30-day free trial of the Moral Money newsletter: http://www.ft.com/cop26podcastGE to split into healthcare, energy and aviation companies - with Andrew Edgecliff-Johnsonhttps://www.ft.com/content/fb73e702-e885-4c20-8857-ddd29dc623afXi lays groundwork for third term by adopting Mao and Deng’s power play - with Tom Mitchell https://www.ft.com/content/71b165a6-052d-4d7d-9006-e2e757f40d98Stay or sell? The $110tn investment industry gets tougher on climate - with Attracta Mooney https://www.ft.com/content/ee08d61d-4c98-4398-9971-93036d67e91eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/10/2021 • 10 minutes, 35 seconds

FT News Briefing - Winamp (721)

Elon Musk’s Twitter followers say sell

Read a transcript of this episode on FT.comhttps://www.ft.com/content/64380f52-df32-4ad7-b2b6-fec42ee95ce1Federal Reserve governor Randal Quarles’ decision to leave the US central bank next month creates yet another opening for the Biden administration to fill amid uncertainty about the institution’s leadership, Tesla shares fell nearly 5 per cent on Monday after millions of Twitter users polled by chief executive Elon Musk concluded that he should sell 10 per cent of his stake in the electric carmaker. Plus, SoftBank founder Masayoshi Son has promised an $8.8bn share buyback programme over the next 12 months. 30-day free trial of the Moral Money newsletter: http://www.ft.com/cop26podcastTesla shares slide after Musk’s Twitter poll backs stake sale - with Richard Waters https://www.ft.com/content/2ac226d6-0eba-4f97-91c1-fb70076c20b0Fed governor Randal Quarles to leave post next month - with James Politi https://www.ft.com/content/6e312624-0399-4d76-85e9-80e61f1f8c91SoftBank unveils $8.8bn share buyback following investor pressure - with Kana Inagaki https://www.ft.com/content/ca7df7d4-7e7e-43b2-85d6-36432d0d9d66The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/9/2021 • 9 minutes, 59 seconds

FT News Briefing - Winamp (722)

Why footballers stumble in their finances

Read a transcript of this episode on FT.comhttps://www.ft.com/content/e9bcbc06-e603-4baf-b5d1-fd8603103bb5French authorities have opened an investigation into the French operations of UK metals magnate Sanjeev Gupta, and President Joe Biden is moving ahead with his next bill on his ambitious legislative agenda while struggling to revive his political fortunes. Plus, the FT’s Money Clinic podcast host, Claer Barrett, talks about the financial minefields that young British footballers often fail to navigate. 30-day free trial of the Moral Money newsletter: http://www.ft.com/cop26podcastFrench prosecutors investigate Sanjeev Gupta’s business empirehttps://www.ft.com/content/b9debac5-bf40-4392-ab9f-2bdb70dcae28Biden seeks course out of doldrums after US legislative victory - with Lauren Fedor https://www.ft.com/content/fa0282fd-e8dc-43f1-8222-39e1efdc262eThe financial secrets of footballers, part one - with Claer Barrett https://www.ft.com/content/962ee94e-1b6d-4631-a6ab-08ff3abea724The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/8/2021 • 9 minutes, 25 seconds

FT News Briefing - Winamp (723)

Bond investors and central banks

Read a transcript of this episode on FT.comhttps://www.ft.com/content/d6716d79-4cbd-4955-b07b-64740a4a6d5bThe White House has said Opec+ risks imperilling the global economic recovery by refusing to speed up oil production increases, and SoftBank founder Masayoshi Son is facing pressure to announce a new stock buyback programme next week. Plus, the FT’s markets editor, Katie Martin, explains how inflation has complicated the relationship between markets and central banks. 30-day free trial of the Moral Money newsletterhttp://www.ft.com/cop26podcastWhite House says Opec risks imperilling economic recovery - with Derek Brower https://www.ft.com/content/4a2fc7b2-c963-4418-9997-d1bf203c3a35SoftBank under pressure from investors to prop up share price​​https://www.ft.com/content/d5fe83e9-f663-4cdb-90b6-6663683c6ba1Global bonds rally strongly after Bank of England leaves investors ‘wrongfooted’ - with Katie Martin https://www.ft.com/content/a9c896fc-34a4-44a9-9499-085c3f5c40ecThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

11/5/2021 • 10 minutes

FT News Briefing - Winamp (724)

Argentina vs the IMF

Read a transcript of this episode on FT.comhttps://www.ft.com/content/22e5487a-3e75-46db-abf0-c8e5e5fd7ad4The Federal Reserve said it would begin scaling back its massive $120bn monthly bond-buying programme this month, the British government has approached Qatar with the intention of the Gulf state becoming a gas “supplier of last resort”, and Iran will resume stalled talks on November 29 with global powers aimed at reviving the country’s ailing nuclear deal. Plus, the FT’s Latin America editor, Michael Stott, explains why Argentina is having a hard time coming to an agreement with the IMF during debt negotiations. 30-day free trial of the Moral Money newsletter: http://www.ft.com/cop26podcastFed to start winding back $120bn-a-month stimulus programme - with Colby Smith https://www.ft.com/content/d10c157f-5530-48a0-9c5f-afed19057d8aIran talks over nuclear deal to restart on Novemberhttps://www.ft.com/content/aa012e45-e2b6-4a65-840d-591450260e0fArgentina hardens stance against IMF as debt renegotiations bog down - with Michael Stott https://www.ft.com/content/814e0898-30d5-4b4f-b468-dddfd447af7cThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/4/2021 • 9 minutes, 6 seconds

FT News Briefing - Winamp (725)

Financing the fight against climate change

Read a transcript of this episode on FT.comhttps://www.ft.com/content/44757917-71f4-4699-8bde-49ebd15feebeBanks have watered down climate pledges and continued to finance the fossil fuel industry in the six years since the Paris accord was signed, and Gulf states are making net zero carbon emission pledges but say they need to keep oil flowing to fund their green energy transitions. Plus, the FT’s US editor-at-large, Gillian Tett, explains how private institutions are stepping up to fund the fight against climate change. 30-day free trial of the Moral Money newsletter: http://www.ft.com/cop26podcast Banks face accusations of greenwashing as global warming fears mounthttps://www.ft.com/content/0ea3267c-d61f-4120-a976-0b81b60836c5Climate finance: where does all the money go?https://www.ft.com/content/d9e832b7-525b-470b-89db-6275853315ddGulf states push for net zero but warn ‘we can’t just switch off the tap’https://www.ft.com/content/fbc33e10-fc4f-481e-8516-52a6bcf9dec3The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/3/2021 • 11 minutes, 19 seconds

FT News Briefing - Winamp (726)

Apple’s privacy policy wreaks havoc on rivals

Read a transcript of this episode on FT.comhttps://www.ft.com/content/d5d05648-ea0e-4c8a-ac0f-daad0d8ce5fbWorld leaders warned of severe consequences of nations failing to strike deals to limit global warming at the opening session of the Glasgow COP26 UN climate conference, and Barclays’ chief executive Jes Staley is stepping down following a regulatory investigation into the way he described his relationship with disgraced financier and sex offender Jeffrey Epstein. Plus, the FT’s chief business columnist explains why Apple’s new privacy policy demonstrates the power it has over its rivals. FT COP26 live blog: https://www.ft.com/content/e9f81272-3986-44de-9715-e83ec9be2bd2COP26: A moment of truthhttps://www.ft.com/content/71e84776-862f-476d-a795-be6f85d8e25dBarclays chief Jes Staley to step down following Epstein investigationhttps://www.ft.com/content/9b778298-e1ab-4c5c-b03f-f73ecaee0117Apple has too much power over its rivalshttps://www.ft.com/content/94d9f964-10d8-4ff3-9781-821f3fc9ee3aThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/2/2021 • 10 minutes, 41 seconds

FT News Briefing - Winamp (727)

COP26: a climate gathering like no other

Read a transcript of this episode on FT.comhttps://www.ft.com/content/24a0e0ed-749d-4b6e-adbd-1f3c3a6cadb3The FT’s clean energy and environment correspondent, Leslie Hook, has a curtain raiser on COP26, the most important climate summit since the 2015 Paris agreement. Plus, the FT’s US financial commentator Rob Armstrong and US editor- at-large and Moral Money newsletter founder Gillian Tett go head-to-head in a debate over whether investing in environmental, social and governance causes can really change the world. COP26 summit is a pivotal moment for the planet - with Leslie Hook https://www.ft.com/content/6ad9c521-b5ae-4876-be89-97d978485d48The ESG investing industry is dangerous - with Robert Armstronghttps://www.ft.com/content/ec02fd5d-e8bd-45bd-b015-a5799ae820cfGillian Tett explains ESG's importance - with Gillian Tett https://www.ft.com/video/eba8dff7-ae9e-47db-b054-c8ed52ad8e79The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

11/1/2021 • 10 minutes, 40 seconds

FT News Briefing - Winamp (728)

Introducing Working It: Can wellness apps fix us and beat staff burnout?

This is the podcast about doing work differently. Join host Isabel Berwick every Wednesday for expert analysis and watercooler chat about ahead-of-the-curve workplace trends, the big ideas shaping work today — and the old habits we need to leave behind. Subscribe on Apple https://podcasts.apple.com/gb/podcast/working-it/id1591925469On Spotify https://open.spotify.com/show/5vNDHxEOc1pI1acJS7He5eOr wherever you get your podcasts.The wellness industry is a trillion-dollar business, and the pandemic has turbo-charged it. One of the biggest trends has been the rise in employers buying their staff access to meditation and fitness apps. But does this ‘quick fix’ approach work? And are there better ways to boost wellbeing ? Isabel talks to Lorna Borenstein, chief executive of Grokker, a corporate wellness app about the reasons why she set up the platform and how clients and her own staff use it. It’s all part of a culture of taking care of employees - a topic Lorna has explored more deeply in her book It’s Personal, offering advice to other managers on how to help staff feel better [tl;dr: talk less, listen more].We also speak to FT colleague Emma Jacobs, about the corporate care culture. She is a little more skeptical. We would love to hear from you - email us at [emailprotected]. You can also follow @isabelberwick on Twitter and Instagram or reach out via email: [emailprotected]. Thanks. Mentioned in the podcast and other interesting reading:Emma Jacobs’ prophetic pre-pandemic guide to workplace wellness by app: https://www.ft.com/content/d1d58aae-437c-11ea-abea-0c7a29cd66feFT series, Burnout: https://www.ft.com/burnoutDeloitte report [2020] on employee mental health showing £5 benefit for every £1 spent: https://www2.deloitte.com/uk/en/pages/consulting/articles/mental-health-and-employers-refreshing-the-case-for-investment.html  Video, Emma Jacobs on how to detox from your smartphone: https://www-ft-com.newman.richmond.edu/video/b4115321-b915-3a42-9814-ad0be4c0e7f5?playlist-name=section-0b83bc44-4a55-4958-882e-73ba6b2b0aa6&playlist-offset=206Presented by Isabel Berwick. Editorial direction from Renée Kaplan. Assistant producer is Persis Love. Sound design is by Breen Turner, with original music from Metaphor Music. Produced by Novel. Hosted on Acast. See acast.com/privacy for more information.

10/30/2021 • 17 minutes, 31 seconds

FT News Briefing - Winamp (729)

Special episode: a trip to the NYSE trading floor

Read a transcript of this episode on FT.comhttps://www.ft.com/content/e66c93b1-996c-48ea-9a13-597410ec7e47Facebook is changing its name to Meta, and the European Central Bank is proving a tough read for bond investors, and what are those ads appearing in London’s transit system advertising a new “meme” coin Floki Inu? Plus, the New York Stock Exchange has the last open outcry trading floor. We’ll take you there to meet some of the people who work there, and find out what humans bring to market quality. Facebook changes name to Meta in corporate rebranding https://www.ft.com/content/b20fd8ea-2dda-45ad-aa15-1ed7a7e5e46fHow coronavirus turned the business of trading at banks on its headhttps://www.ft.com/content/8066154d-83c4-49a6-97d4-4c3c65684136ECB keeps buying bonds and leaves rates unchanged despite rising inflationhttps://www.ft.com/content/c1246d03-0902-4766-95c9-866324f22c99‘Meme’ coin seeks to tap crypto craze with London ad barragehttps://www.ft.com/content/b4da6160-a632-423b-8d8b-ca86489f1d22The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/29/2021 • 11 minutes, 43 seconds

FT News Briefing - Winamp (730)

The risks of private capital

Read a transcript of this episode on FT.comhttps://www.ft.com/content/c0ee2974-0e6d-43b4-ae05-6c4be9aea94fActivist hedge fund Third Point is pressuring Royal Dutch Shell to break itself up, and Israel’s coalition government is trying to find its footing in a post-Netanyahu era. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains what makes him wary of private markets. Activist fund Third Point calls for break-up of Shell - with Derek Brower https://www.ft.com/content/b4fc6926-e991-43ca-9ac8-3b1478c23dd5Israel breaks out of its global isolationhttps://www.ft.com/content/a67207a6-e2ec-41f3-a29d-f28d202468aaMoody’s warns of ‘systemic risks’ in private credit industry https://www.ft.com/content/862d0efb-09e5-4d92-b8aa-7856a59adb20The dangerous private capital party - with Robin Wigglesworth https://www.ft.com/content/0db2f539-8860-461b-9435-35e971581629The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/28/2021 • 9 minutes, 54 seconds

FT News Briefing - Winamp (731)

Poland versus the EU

Read a transcript of this episode on FT.comhttps://www.ft.com/content/8bb01ecf-622f-462f-b090-6cf5fa69a2ecTrading app Robinhood’s third-quarter earnings flopped, Google’s parent company Alphabet smashes expectations, and UK chancellor Rishi Sunak is expected to commit to fiscal discipline when he announces his budget today. Plus, the FT’s eastern European correspondent, James Shotter, explains how Poland has become one of the biggest thorns in the EU’s side. Robinhood disappoints as crypto activity fades - with Madison Darbyshirehttps://www.ft.com/content/b891e200-da57-4dcb-bda4-e0bcc6de228eAlphabet and Microsoft smash estimates with $110bn revenue haulhttps://www.ft.com/content/273aeecb-57a8-40f8-a2ba-8a21a635b289Sunak to commit to fiscal discipline in Budget - with Chris Giles https://www.ft.com/content/3fe18137-a4cf-4bd1-9985-1669b808016bHow Poland became Europe’s biggest rebel - with James Shotter https://www.ft.com/content/d59e9054-95ba-4093-b1cf-3ead1bae0982The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/27/2021 • 9 minutes, 49 seconds

FT News Briefing - Winamp (732)

Dirty green jobs, and the $1tn carmaker

Read a transcript of this episode on FT.comhttps://www.ft.com/content/910fcfd8-05e8-43c3-8a30-dc8388964302Tesla has become the first carmaker to be valued at $1tn, and internal documents from inside Facebook continue to reveal troubling company practices. Plus, FT workplace columnist Sarah O’Connor explains that “green jobs” aren’t always safe for workers. Tesla soars past $1tn in market valuehttps://www.ft.com/content/4eb7504e-94ef-4f99-937d-807aa159b282Not all green jobs are safe and cleanhttps://www.ft.com/content/111f9600-f440-47fb-882f-4a5e3c96fae2Four revelations from the Facebook Papershttps://www.ft.com/content/80550e88-eee8-475e-aada-d3d4618a3ff6The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/26/2021 • 10 minutes, 9 seconds

FT News Briefing - Winamp (733)

The South Korean ‘wave’ has gone global

Read a transcript of this episode on FT.comhttps://www.ft.com/content/08263cf5-1d37-4296-a43f-4bf006e5a03aPoland’s prime minister has accused the EU of making demands with a “gun to our head,” Russian mercenaries are wreaking havoc in the Central African Republic. Plus, the FT’s Ed White discusses the global popularity of South Korea’s entertainment industry, and why China’s recent crackdowns might threaten its success. Poland’s prime minister accuses EU of making demands with ‘gun to our head’https://www.ft.com/content/ac57409d-20c9-4d65-9a5d-6661277cd9afRussian mercenaries leave trail of destruction in the Central African Republichttps://www.ft.com/content/020de965-429e-4fb9-9eed-f7e4370514b3South Korean companies face own ‘Squid Game’ in Xi Jinping’s Chinahttps://www.ft.com/content/c0d19bf4-4e5b-4f61-8905-d1abc9d2664cThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/25/2021 • 10 minutes, 59 seconds

FT News Briefing - Winamp (734)

Turkey’s Central Bank of Erdogan

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7be2e128-c34c-45fb-991a-1d6f16ba3cd9The US Federal Reserve has adopted new rules banning its policymakers and senior staff from buying individual shares and a number of other investments; Donald Trump announced plans to launch a media technology business that is set to go public after it merged with a Spac on Thursday. Plus, Turkey’s central bank has defied warnings from the business world and opposition parties by slashing its main interest rate despite rising inflation and an ailing currency; short-seller Hindenburg Research has set its sights on Tether and launched a $1m “bounty” programme for information on the stablecoin company at the centre of the global cryptocurrency market. US Federal Reserve bans officials from trading shares in wake of scandalhttps://www.ft.com/content/0b99a7a9-21be-4e67-a135-14bba49d6216Trump to launch social media platform to compete with Twitter and Facebookhttps://www.ft.com/content/0c989fd1-2e1a-4509-a478-02bb494f40deTurkish lira tumbles as central bank slashes interest ratehttps://www.ft.com/content/53d3e970-c71e-42d5-b38b-6e8ca2d32c35Short-seller Hindenburg sets $1m ‘bounty’ for details on Tether’s reserveshttps://www.ft.com/content/5b62d83d-c5f0-4586-b68c-b6facaba83a4The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and MichaelBruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/22/2021 • 11 minutes, 4 seconds

FT News Briefing - Winamp (735)

More Saudi women join the workforce

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9c52937f-8f75-4d9d-8a62-8479a818ef45The ECB is pushing banks to add hundreds of extra staff and billions of extra capital to their post-Brexit operations, and Turkey could be ‘grey-listed’ today by a global financial watchdog. Plus, the FT’s Middle East editor, Andrew England, explains that Saudi Arabia is turning to women to boost employment. VOTE: The FT News Briefing has been nominated for the Lovie Awards news & politics podcast category!  https://vote.lovieawards.com/PublicVoting#/2021/podcasts/general-series/news-politicsECB pushes banks to beef up their post-Brexit planshttps://www.ft.com/content/39591ec1-98ca-4b47-9aa7-2cb184127d9fTurkey faces threat of ‘grey-listing’ by global finance watchdoghttps://www.ft.com/content/74ff270e-6f1d-489f-802b-cd9b36c86fa3Saudi attitudes to women in the workplace change as job market gets kickstarthttps://www.ft.com/content/55ec5e7a-a520-4969-ab90-f5b528c6c3f9The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/21/2021 • 10 minutes

FT News Briefing - Winamp (736)

The crash landing of Austria’s chancellor

Read a transcript of this episode on FT.comhttps://www.ft.com/content/a263a468-2f91-490c-896c-a232866afb4eChina has told McDonald’s to expand a digital renminbi payments system at restaurants across the country before the Beijing Winter Olympics; and about a quarter of all US infrastructure is at risk of serious flooding, which could hit prices in the $4tn municipal bond market. Plus, the FT’s Sam Jones discusses the scandal that led to the spectacular downfall of former Austrian chancellor Sebastian Kurz and what could be next for the country. VOTE: The FT News Briefing has been nominated for the Lovie Awards news & politics podcast category!  https://vote.lovieawards.com/PublicVoting#/2021/podcasts/general-series/news-politicsBeijing presses McDonald's to expand e-currency system before Olympicshttps://www.ft.com/content/1f4274f4-b914-4534-89c0-62b9b7763f2bFlooding could leave billions of US municipal debt under waterhttps://www.ft.com/content/da0ac736-7c38-4f93-baaf-e315a51faf22Rise and fall: the scandal that toppled Austria’s Sebastian Kurzhttps://www.ft.com/content/fc574b47-195c-4e7f-a442-12b6c8f0c97dWeWork to make belated arrival on stock market after Spac mergerhttps://www.ft.com/content/258121b8-299e-4993-91d9-cb2a18d387f4The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/20/2021 • 10 minutes, 19 seconds

FT News Briefing - Winamp (737)

Japan refocuses on semiconductors

Read a transcript of this episode on FT.comhttps://www.ft.com/content/ad0b0068-1100-49b9-bc88-2055e1936efcA bitcoin-linked ETF is on track to debut on the New York Stock Exchange on Tuesday, marking the first time regular investors will be able to gain exposure to cryptocurrencies through a big Wall Street bourse; China’s hypersonic missile test stuns the US military and intelligence community; and the FT’s Tokyo bureau chief, Kana Inagaki, spoke to Japan’s minister for economic security about the country’s new semiconductor strategy. Bitcoin exchange traded funds prepare for US debuthttps://www.ft.com/content/d7601039-e98e-47c8-97af-79f96c2c3d94China tests new space capability with hypersonic missilehttps://www.ft.com/content/ba0a3cde-719b-4040-93cb-a486e1f843fbJapan plans long-term strategy to build semiconductor resiliencehttps://www.ft.com/content/f59173b6-211c-4446-aa57-5c9b78d602c2The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/19/2021 • 9 minutes, 2 seconds

FT News Briefing - Winamp (738)

We answer a listener question about population growth

Read a transcript of this episode on FT.comhttps://www.ft.com/content/2d52df0d-ba41-45e3-9a0f-bb72a22f7d7cThe rising cost of fuel is threatening airlines’ recovery from the pandemic. Plus, a listener asked us if economic growth is tied to population growth. The FT’s statistical journalist, Federica Cocco, has been exploring this very question and says the answer is more complex than it may seem. Fuel price spike threatens airlines’ recovery from pandemichttps://www.ft.com/content/cb53e204-362d-4dd1-b84d-9e697b92e692Do you have a financial or economic question you want us to answer? Email Marc at [emailprotected]. The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/18/2021 • 10 minutes, 19 seconds

FT News Briefing - Winamp (739)

S&P stink bomb, LinkedIn loves Ted Lasso

Read a transcript of this episode on FT.comhttps://www.ft.com/content/50168b7b-c72d-4443-965f-4a26d79f6a40Fumio Kishida talks to the FT in his first interview as Japan’s new prime minister, an academic paper suggests that entry into the S&P 500 could be influenced by whether companies buy other services from the index’s parent company S&P Global. Plus, the FT’s Pilita Clark explains that Ted Lasso has been a surprise hit on the networking site LinkedIn because of the leadership lessons in the comedy series.Prime minister Fumio Kishida pledges to steer Japan away from Abenomicshttps://www.ft.com/content/ffa6754f-3c12-4729-921d-aa2acc5e96eeEntry into S&P 500 could be influenced by ratings sales, research suggestshttps://www.ft.com/content/bf66d606-b2a2-4f79-a93e-908e7bb9425aTed Lasso’s leadership lessonshttps://www.ft.com/content/238bca26-c48e-4d36-b00a-6e30eee28250The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

10/15/2021 • 10 minutes, 57 seconds

FT News Briefing - Winamp (740)

Women still battle for start-up finance

Read a transcript of this episode on FT.comhttps://www.ft.com/content/d8781394-95a8-4411-9f19-69ddbb7e3200UK ministers trying to fund the government’s ‘levelling up’ agenda are looking to relax rules shielding tens of millions of retirement savers from high charges, Latin American tech start-ups are attracting more investment than south-east Asia. Plus, the FT’s business columnist, Helen Thomas, explains why women entrepreneurs are locked out of venture capital circles that are dominated by men.  Pension savers face risk of higher fees as Sunak seeks billions for ‘levelling up’https://www.ft.com/content/a8cad0f1-fd85-40ed-aa19-e71728f10825How Latin America became tech’s next big frontier - with Michael Stott https://www.ft.com/content/5440b1cf-3523-4a4d-96bc-07a2c2132069Start-up finance is a closed shop for women - with Helen Thomas https://www.ft.com/content/60caa57e-d40d-4d6f-974a-1d14a3798d27China/inflation: soy sauce price rise serves up global warninghttps://www.ft.com/content/9f8f6fea-467e-4bd8-aad2-77baf831dbddThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/14/2021 • 8 minutes, 59 seconds

FT News Briefing - Winamp (741)

US solar project gives clean energy proponents a beacon of hope

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9a0a8048-a6e1-4557-8b0a-37fb5bf67e84The global economy is entering a phase of inflationary risk, the IMF warned on Tuesday, as it called on central banks to be “very, very vigilant” and take early action to tighten monetary policy should price pressures prove persistent; resurgent consumer demand in the US is feeding hopes of a strong holiday shopping season but that demand is further straining supply chains and many large retailers are stocking up on merchandise much earlier than usual; and a huge solar array on Colorado’s southern High Plains will officially launch this week, giving green energy proponents a new beacon for their cause.IMF warns of need to be ‘very, very vigilant’ over rising inflation risks - with Colby Smith https://www.ft.com/content/f73d584f-fb2a-4a2f-ab8a-fa759031fa59Georgieva keeps job but close decision leaves cloud over IMF - with Colby Smith https://www.ft.com/content/f0db92e6-38f4-44e6-ba54-831b8b526dcfUS Christmas retail crush comes early as supply chains buckle - with Andrew Edgecliffe-Johnson https://www.ft.com/content/600b73e9-df2b-4748-8201-6ae8bb1213bfSolar-powered steel mill blazes trail for green energy transition - with Derek Brower https://www.ft.com/content/f6693948-2c3d-4508-96cf-c374ef0fa6adThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

10/13/2021 • 9 minutes, 31 seconds

FT News Briefing - Winamp (742)

How Elon Musk’s new rocket could transform the space race

Read a transcript of this episode on FT.comhttps://www.ft.com/content/ee0421e8-e101-4b0b-811e-0125c6be2449Henry Kravis and George Roberts stepped down from KKR on Monday after nearly half a century in charge of one of the most formidable financial enterprises that Wall Street has ever known, the price of US crude oil hit a fresh seven-year high on Monday on fears that fuel demand was recovering faster from last year’s economic slowdown than producers could bring supply to the market, and Elon Musk hopes that Space X’s Starship will help take humans to Mars while rivals fear it will dominate US deep space exploration.US oil benchmark hits another seven-year high amid supply fearshttps://www.ft.com/content/fbd93abc-beae-49b1-a9dc-b648aaccdb55Henry Kravis and George Roberts step down as KKR chiefs - with Antoine Garahttps://www.ft.com/content/242ff7f2-4f31-4fc1-9f73-fe5db25260a1SpaceX: how Elon Musk’s new rocket could transform the space race - with Richard Waters https://www.ft.com/content/25e2292b-a910-41c8-9c55-09096895f673Three economists share Nobel Prize for pioneering ‘natural experiments’ https://www.ft.com/content/529519b0-d799-4217-9aa6-975db28ab478The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

10/12/2021 • 9 minutes, 19 seconds

FT News Briefing - Winamp (743)

IMF leadership scandal clouds annual meetings

Read a transcript of this episode on FT.comhttps://www.ft.com/content/4ce62a29-5401-4fa1-8af4-20e892e50fe8Divisions between the US and Europe over whether Kristalina Georgieva should remain in her post as IMF chief are set to overshadow the fund’s flagship annual meetings this week, and the Chinese company BYD is one of the world’s biggest electric vehicles battery makers and also makes its own EVs which it hopes to market globally; and our Science Editor, Clive Cookson, talks about new research into personalised treatments for depression using electrical brain implants, or neural electronics, that also could be used for other conditions.Divisions over Georgieva’s fate to overshadow IMF annual meeting - with Colby Smith https://www.ft.com/content/a0cfb7d5-ad32-4aa1-9e08-952accde5b44Battery technology gives China an opening in electric vehicles - with Henry Sanderson https://www.ft.com/content/fcbc860b-51cd-40d8-b65f-db97ce9adc57Electrical brain implants: a new way to treat depression? - with Clive Cookson https://www.ft.com/content/b255322b-eb91-4898-aa79-e29d51794b73The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

10/11/2021 • 10 minutes, 47 seconds

FT News Briefing - Winamp (744)

Introducing Behind the Money, Inside ESG: The tiny fund that took on a US giant and won

The story of how a tiny, unknown hedge fund took on a giant of corporate America over climate change - and won. Charlie Penner of Engine No 1 talks about the very public proxy campaign he launched against Exxon Mobil, forcing the oil major to prepare for a future free of fossil fuels. In the third episode of our special five-part series on sustainable or ESG investing, produced in partnership with the FT’s Moral Money team, Derek Brower, US energy editor, and Attracta Mooney, the FT’s investment correspondent, reflect on whether the battle between Engine No 1 and Exxon marks the beginning of a new kind of activist investor.Engine No 1, the giant-killing hedge fund, has big plansDWS probes spark fears of greenwashing claims across investment industryCheck out stories and up-to-the-minute news from the Moral Money team here. Get 30 days of the premium Moral Money newsletter free, together with complimentary access to FT.com for the same period, visit www.ft.com/insideesgReview clips: The Sun, Channel 4 News, Euronews, PBS Newshour, GMA, CNN, CNBC, ExxonMobil Hosted on Acast. See acast.com/privacy for more information.

10/9/2021 • 20 minutes, 55 seconds

FT News Briefing - Winamp (745)

Ireland signs on to landmark global corporate tax deal

Read a transcript of this episode on FT.comhttps://www.ft.com/content/fca004be-9f93-4681-bdd1-931ba5c2f50fIreland has finally abandoned its cherished 12.5 per cent corporate tax rate and signed up to a minimum 15 per cent global rate that will cost the country about €2bn in lost revenues; it was a volatile week for energy markets; and stagflation has returned as a risk for investors and cast a shadow over the recovery from the Covid-19 pandemic. Plus, the FT’s deputy head of Lex, Elaine Moore, digs into the allegation that Facebook presents misleading user numbers. Stagflation risk returns for investors as gas prices surgehttps://www.ft.com/content/1e68148c-7f61-4bb4-af68-aa2c7d898111OECD close to final global compact on corporate taxhttps://www.ft.com/content/3e3e6a7d-67d5-437d-a7b2-29c52ce9c78fIreland signs up to global corporate tax dealhttps://www.ft.com/content/2a2f69aa-f61a-4f4e-934f-293665019229Facebook: whistleblower allegations of misleading audience size should be taken seriouslyhttps://www.ft.com/content/3efd0b49-0dc3-41c5-b4b5-1f553d7bbc23The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/8/2021 • 11 minutes, 7 seconds

FT News Briefing - Winamp (746)

Panama, Paradise, Pandora. What’s changed in the world of tax avoidance?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/411bb70a-8fe9-41ef-bd58-e4798b12c2a2Vladimir Putin hinted that Russia’s state-backed monopoly pipeline exporter, Gazprom, may increase supplies to help Europe avoid a full-blown energy crisis, and US energy secretary Jennifer Granholm has raised the prospect of releasing crude oil from the government’s strategic petroleum reserve as the Biden administration confronts a politically perilous surge in the price of gasoline; General Motors plans to double its revenues by 2030 as the company steers towards electric vehicles, and the latest data leak detailing the financial affairs of the global elite makes clear how much progress has been made since the world began clamping down in earnest in 2008 — and how much remains to be done.Gas markets whipsaw after Russia offers to stabilise energy priceshttps://www.ft.com/content/e06c3b5d-153d-4c86-8c49-0d5447d58e76General Motors aims to double sales by 2030 with boost from electric vehicleshttps://www.ft.com/content/d02e8cc3-29a1-4634-bfb6-b658b1b4f4a4From Panama to the Pandora papers: what’s changed in offshore taxhttps://www.ft.com/content/1fe7a5a1-7515-4226-8906-b9c1eaecc455JAB seeks to raise $5bn fund to invest in petcare https://www.ft.com/content/93a23966-1b26-4e7b-aa0c-9ff2654e9990The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/7/2021 • 8 minutes, 33 seconds

FT News Briefing - Winamp (747)

Africa’s green superpower

Read a transcript of this episode on FT.comhttps://www.ft.com/content/eb1b2bc3-1edf-444b-ac44-8e3a79cd8887Private equity firms are offering the highest premiums for listed companies in more than two decades, and the Facebook whistleblower told Congress on Tuesday the company repeatedly chose to maximise online engagement instead of minimising harm to users. Plus, the FT’s Africa editor, David Pilling, explains Gabon’s effort to reposition itself as a “green superpower” and gain recognition for preserving its tropical forests. Private equity pays record premiums for public companieshttps://www.ft.com/content/69c28c74-e957-4009-912a-aee1c452995dFacebook chose to maximise engagement at users’ expense, whistleblower sayshttps://www.ft.com/content/41b657c8-d716-436b-a06d-19859f0f6ce4Africa’s green superpower: why Gabon wants markets to help tackle climate changehttps://www.ft.com/content/4f0579ac-409f-41d2-bf40-410d5a2ee46bBehind the Money Podcast: The tiny fund that took on a US giant and wonhttps://www.ft.com/behind-the-moneyThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

10/6/2021 • 9 minutes, 29 seconds

FT News Briefing - Winamp (748)

Oil prices hit 7-year high

Read a transcript of this episode on FT.comhttps://www.ft.com/content/bc24e812-a089-43e1-bc7a-289916c97229US oil prices rose to the highest level in seven years on Monday after Opec and its allies declined to accelerate plans to increase crude production, and shares of big tech companies slid on Monday, with stocks such as Apple, Microsoft, Facebook and Amazon dragging the S&P 500 to its lowest close since late July. Plus, the former Facebook employee who leaked explosive internal documents will testify before US lawmakers today and is expected to urge members of Congress to regulate the social media platform much more tightly.Tech stock slide drags Wall Street lowerhttps://www.ft.com/content/1fba7824-ad14-46bd-a379-404e6b18abc0US oil hits 7-year high after Opec+ resists calls to accelerate productionhttps://www.ft.com/content/ccd6f6d6-6045-4f0c-8638-9b0e01fee1c5Five problems the Facebook whistleblower wants to fixhttps://www.ft.com/content/2dbf79af-6dc5-4c98-90f0-af396c13e3adWarren calls on SEC to probe trading by Federal Reserve officials - with Colby Smith https://www.ft.com/content/9111b7c5-53c5-4d6f-9b6d-ca3533057908The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/5/2021 • 10 minutes, 4 seconds

FT News Briefing - Winamp (749)

DIY gene editing

Read a transcript of this episode on FT.comhttps://www.ft.com/content/fc9fe04c-96ad-4127-ac98-2fbf579c36b6The International Monetary Fund’s board will meet this week to examine allegations that managing director Kristalina Georgieva manipulated data to favour China while she worked at the World Bank; Deutsche Bank severed relationships with “a very small number” of wealthy clients with criminal records after the arrest of disgraced financier Jeffrey Epstein; Plus, the FT’s Alphaville editor, Izabella Kaminska, talks about how the availability of gene-editing tools such as Crispr has led to an explosion of unchecked DIY experiments and dangers associated with biohacking. War of words escalates over China bias claims against IMF chiefhttps://www.ft.com/content/7fbface9-9e1c-41c4-84e9-1eb7fbb2023eDeutsche Bank dropped risky clients after Epstein scandalhttps://www.ft.com/content/28744ecd-e798-4516-b9bb-6257b37f2377Bioterror: the dangers of garage scientists manipulating DNAhttps://www.ft.com/content/9ac7f1c0-1468-4dc7-88dd-1370ead42371The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/4/2021 • 10 minutes, 52 seconds

FT News Briefing - Winamp (750)

Facebook under fire for burying research into mental health impact

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5f0402b7-812a-4314-aba1-cee242f9e161US senators are pressuring Facebook to release all its internal research into how its products affect users after a series of revelations about the harm some its platforms cause to vulnerable groups including children. FT European technology correspondent Madhumita Murgia argues that it’s time for Facebook to turn off its digital advertising firehose. FT markets editor Katie Martin deciphers the message from this week’s bond market activity. And FT science editor Clive Cookson discusses how artificial intelligence can improve weather forecasting .Facebook pressed to release research on how its platforms affect users https://www.ft.com/content/b0e387f4-4a2f-49d3-9852-f8cf7dcc211cTime to turn off Facebook’s digital fire hose https://www.ft.com/content/d5dcfece-4e3c-4937-81ac-20dc736c4c27Global bond market set for worst month since early 2021 https://www.ft.com/content/42e62e77-f830-4e5a-895f-7837a72847b0DeepMind and UK’s Met Office use AI to improve weather forecasts https://www.ft.com/content/602235aa-7039-472a-80cf-55fa3519ea06The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

10/1/2021 • 11 minutes, 21 seconds

FT News Briefing - Winamp (751)

Huawei tries to reinvent itself

As sanctions derail its traditional business, China’s Huawei is scrambling to reinvent itself by shifting into areas less dependent on foreign chip supplies. China’s Belt and Road Initiative has left scores of lower and middle-income countries saddled with “hidden debts” totalling $385bn. Hong Kong’s stock market is on track for its worst quarter for new listings since the earliest days of the Covid-19 pandemic. And Japan’s new Prime Minister, Fumio Kishida, is seen as unlikely to veer from his predecessor’s economic policies.Hong Kong faces worst quarter for stock listings since pandemichttps://www.ft.com/content/40436534-cd31-4959-a7c1-95065e281046?‘Hidden debt’ on China’s Belt and Road tops $385bn, says new study, with Ed White https://www.ft.com/content/297beae8-7243-4d93-9fac-09e515e82972The necessary reinvention of Huawei, with Kathrin Hille https://www.ft.com/content/9e98a0db-8d0a-4f78-90d3-25bfebcf3ac9Japan’s ruling party appoints ‘Mr status quo’ Fumio Kishida as next leader, with Kana Inagaki https://www.ft.com/content/9c3b578f-2dd5-4913-acc9-4252c80214e1The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/30/2021 • 10 minutes, 24 seconds

FT News Briefing - Winamp (752)

Inflation, inflation, inflation

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6cd13eb2-0ab7-40a5-816f-43e963a3ce05The government bond sell-off that began last week on the prospect of higher interest rates ricocheted into the $51tn US stock market on Tuesday, weighing heavily on technology stocks, and Treasury secretary Janet Yellen warned that the US risks running out of money by October 18. Plus, the FT’s Ryan McMorrow chats about China’s latest crackdown on cryptocurrency trading and whether exchanges are cooperating.   Janet Yellen warns US risks running out of money by October 18https://www.ft.com/content/dc589573-0284-409e-a3df-9a4b102569acUS stocks suffer biggest loss since May as bond sell-off hits tech sectorhttps://www.ft.com/content/7541c364-736b-488b-a793-7ba5cf517f49Oil prices rise above $80 a barrel for first time in three yearshttps://www.ft.com/content/14d4980b-8163-4359-bc4a-fb2b7f7d2c27Cryptocurrency exchanges start cutting off Chinese usershttps://www.ft.com/content/9c42c660-7e80-47c2-8b3b-3398c6a22eafThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/29/2021 • 9 minutes, 31 seconds

FT News Briefing - Winamp (753)

Two Federal Reserve officials step down amid ethics questions

Read a transcript of this episode on FT.comhttps://www.ft.com/content/1505ec37-b798-4016-8f80-d959bd6eac9cTwo senior Federal Reserve officials whose trading activity prompted the US central bank to launch an ethics review on Monday announced they will resign, and today Fed chair Jay Powell will join other central bank chiefs at a European Central Bank forum. Plus, where does Germany go after its razor-thin election? The FT’s Europe editor, Ben Hall, explains that it could be a while before there is a clear picture for the country’s government. Regional Fed chiefs step down after securities trading controversyhttps://www.ft.com/content/b899a77f-9853-4d20-ad84-21848b7e7ce2ECB official and OECD warn of rising inflation riskshttps://www.ft.com/content/55300c7b-ab06-40c4-a5f4-ed02ddb31374Germany’s ‘kingmaker’ parties to start talks after narrow SPD election winhttps://www.ft.com/content/fe539f99-8311-4ad7-96c0-ebc30ed9c1a0Hollywood agency CAA acquiring rival ICM to create movie powerhousehttps://www.ft.com/content/fd6a3976-540e-49e7-bf1d-2ac272573033?Join FT journalists on October 4 for a subscriber-only webinar on the outcome of Germany’s historic election and its implications for Germany, Europe and the rest of the world. Register free at ft.com/germanwebinarThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/28/2021 • 10 minutes, 8 seconds

FT News Briefing - Winamp (754)

Wall Street embraces the ‘Forever CEO’

Read a transcript of this episode on FT.comhttps://www.ft.com/content/c2d3fe11-799d-4f66-be2c-806dda7a9f87At least two Chinese cities are seizing presale revenues from indebted property developer Evergrande in order to block potential misuse of funds, and the SPAC bubble appears to be deflating as investors pull cash out of special purpose acquisition vehicles at increasingly higher rates; more than 150 US economists and researchers have weighed in on how women will be affected economically if US states add new restrictions on abortion access, polls in Germany closed last night with the two leading parties neck and neck, and the FT’s US banking editor Joshua Franklin discusses shrinking CEO tenure among US finance companies and the “Forever CEOs” who are bucking that trend. Join FT journalists on October 4 for a subscriber-only webinar on the outcome of Germany’s historic election and its implications for Germany, Europe and the rest of the world. Register free at ft.com/germanwebinarChinese cities seize Evergrande presales to block potential misuse of fundshttps://www.ft.com/content/595c3f50-755d-4dcc-afc3-4c993e50a936Soaring Spac redemptions signal their fall from favourhttps://www.ft.com/content/1a9be04e-a298-49bb-a3d8-2efee22bca01Lack of abortion access will set US women back, economists warn - with Claire Bushey https://www.ft.com/content/61251b31-0041-461c-bd33-aacf2f13fe10In era of quick-fire bosses, Wall Street embraces the ‘Forever CEO’ - with Joshua Franklinhttps://www.ft.com/content/4814a8ca-57a2-43f1-a6da-f126a4254f6dGerman election likely to extend Merkel’s long goodbyehttps://www.ft.com/content/f30df070-5415-4bd7-b4b4-0bdd4dff3b3cThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

9/27/2021 • 10 minutes, 9 seconds

FT News Briefing - Winamp (755)

FT Weekend: How has lockdown changed us? Plus: a night on the Orient Express

Introducing our new FT Weekend podcast. New episodes every Saturday. This is the last episode of the FT Weekend which will be published in this feed, so if you want to keep listening, subscribe now by searching ‘FT Weekend’ in your podcast app of choice.In our third episode, we explore the question of how we’ve changed. Host Lilah Raptopoulos talks to the writer Imogen West-Knights about the phenomenon of treat brain: how the pandemic spurred our desire to excessively indulge. Then, columnist Janan Ganesh describes why lockdown decidedly did not change him — and why he’s worried if it changed you. Plus: Maria Shollenbarger sweeps us away on the world’s most glamorous train.Links from the episode:—Imogen West-Knights describes Treat Brain: https://www.ft.com/content/3ed08931-80b0-43a0-9bba-6c4bcc1b3e70 —Janan Ganesh on the lockdown epiphany that wasn’t: https://www.ft.com/content/bf7c501e-12a5-4737-b297-15eba91b26a0 —Maria Shollenbarger aboard the Orient Express: https://www.ft.com/content/9f776436-8205-48cc-a879-7a053f388671 —Lilah’s Instagram Live with Esther Perel: https://www.instagram.com/tv/CULKKCcJXdq/ We want to hear from you! Follow us on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. What are you reading, watching, eating, doing, that is making you happy? We want your recommendations, and may use them in a future episode. Write us, or record and send us a voice note at [emailprotected] design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

9/25/2021 • 28 minutes, 41 seconds

FT News Briefing - Winamp (756)

Germany’s unusually unpredictable election

Read a transcript of this episode on FT.comhttps://www.ft.com/content/74160c71-c5b0-435c-9c09-1c5e9572bb1cGerman voters head to the poll this weekend and the FT’s Berlin correspondent, Erika Solomon, previews this momentous election. Turkey’s central bank unexpectedly cut its benchmark interest rate on Thursday despite accelerating inflation that had already turned borrowing costs negative in real terms. A German foreign policy advisor lashed out at the US about the new Aukus security pact. And US Treasury prices dropped and yields rose on Thursday as traders reacted to the prospect of higher interest rates. Government bond yields rise as investors look to rate rises - with Kate Duguid https://www.ft.com/content/41481456-0bc1-4c54-8e54-05e2ab4042ebTurkey cuts interest rate to send lira tumbling as inflation soars - Ayla Jean Yackley https://www.ft.com/content/ad0f061a-7494-4ff3-be30-c5e8436cfaa9Aukus security pact is ‘insult to a Nato partner’, says Merkel adviserhttps://www.ft.com/content/dfc4f860-c178-4c2a-a46c-c5f4e5595b1aGermany’s election: a new era of uncertain coalition politics - with Erika Solomon https://www.ft.com/content/1fb608e3-1b57-4361-894e-7dc1d1a5abfdThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

9/24/2021 • 8 minutes, 44 seconds

FT News Briefing - Winamp (757)

Federal Reserve eyes 2022 rate rise

Read a transcript of this episode on FT.comhttps://www.ft.com/content/a3b42914-2e0e-4246-bc45-1ea9b19b690bThe Federal Reserve has given its strongest signal yet that it will start tapering its bond buying stimulus programme this year and more central bank officials see a first interest rate rise in 2022; Japan’s SoftBank has followed Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala in backing a new $2.5bn private equity fund set up by former US Treasury secretary Steven Mnuchin just eight months after he left office; and the FT’s James Kynge explains that the unravelling of China’s Evergrande property developer shows deep flaws in the country’s growth strategy. More Fed officials see first interest rate rise in 2022https://www.ft.com/content/719c11ec-fb24-40b3-a661-518aa3bc6028SoftBank backs Steven Mnuchin’s $2.5bn private equity fund https://www.ft.com/content/24da1d88-8e63-4868-849f-3e3ecff1c39aValued at $41bn in 2020, the spectacular unravelling of the Chinese property group Evergrande exposes deep flaws in Beijing’s growth strategyhttps://www.ft.com/content/ea1b79bf-cbe3-41d9-91da-0a1ba692309fRachman Review: Biden and the world https://www.ft.com/rachman-reviewThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/23/2021 • 10 minutes, 36 seconds

FT News Briefing - Winamp (758)

Gulf states caught between US and China

Read a transcript of this episode on FT.comhttps://www.ft.com/content/bde35a2f-ae3f-4fc5-920f-a6bca45d9eb3Poland and Hungary could lose billions of euros in EU regional aid as the European Commission prepares to wield powers linking the funds to human rights standards in member states, and the ride-hailing group Uber says it is on course to report its first-ever profitable quarter, on an adjusted basis, after more than a decade of burning through billions of dollars in cash, and Gulf states are struggling to balance relations between Washington and Beijing. Behind the Money, Inside ESG: is the $1.7tn wave of sustainable investing hope or hype?https://www.ft.com/behind-the-moneyPoland and Hungary face threat to EU regional aid over human rights concernshttps://www.ft.com/content/3ca265c0-d1d1-4acf-bc9e-b208dab98293Uber on course to post first profitable quarterhttps://www.ft.com/content/ee8c9dfa-b59e-4415-b380-1cdf2f15976c‘More of China, less of America’: how superpower fight is squeezing the Gulfhttps://www.ft.com/content/4f82b560-4744-4c53-bf4b-7a37d3afeb13The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/22/2021 • 10 minutes

FT News Briefing - Winamp (759)

Evergrande’s troubles loom over global markets

Read a transcript of this episode on FT.comhttps://www.ft.com/content/dd3aef66-5189-4b85-873a-e82c80be3c2dGlobal financial markets are jittery about the possible default of indebted Chinese property developer Evergrande but the FT’s markets editor Katie Martin explains why it is unlikely to be another Lehman Brothers; foreign investors, especially from China and Japan, have become major buyers of US Treasuries and could prop up the market if the Fed withdraws; and Coinbase backed down from launching a new lending product after US regulators threatened to sue. Wall Street stocks sell off as Evergrande crisis intensifieshttps://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134Foreign investors help prop up Treasury market as Fed considers retreat https://www.ft.com/content/47551bfb-8ca3-4e73-b34b-0ad19905ae15Shell agrees $9.5bn sale of Permian Basin oil business to ConocoPhillipshttps://www.ft.com/content/33e48318-91ab-47e4-88f3-72986b0a85f6Coinbase abandons lending product after SEC pushbackhttps://www.ft.com/content/bd09f8bf-e65b-4870-affe-55b5346af3e1Rusal strikes deal to supply Budweiser with ultra low-carbon canshttps://www.ft.com/content/ff76ebe5-ca61-417c-b191-1a2c152a935eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

9/21/2021 • 9 minutes, 53 seconds

FT News Briefing - Winamp (760)

China’s digital dictatorship

Read a transcript of this episode on FT.comhttps://www.ft.com/content/efcae358-e439-4135-9600-55b23dcd7dc8Australia’s nuclear submarine deal with the US and UK is set to provide a political boost for Scott Morrison’s conservative government, and UK business and energy secretary Kwasi Kwarteng is due to meet energy suppliers on Monday amid fears that dozens of companies could go bust in the coming weeks due to record high gas and electricity prices, and Beijing has pushed through reams of regulations and policies designed to shore up China’s data security, reinforcing the control it exercises over huge volumes of data used in governing the country, boosting the economy and ordering people’s lives.Australia and France intensify war of words over cancelled submarine deal https://www.ft.com/content/55173c4e-79a4-4a65-8294-3fc666026a0bMorrison’s submarine deal drives wedge between Australian oppositionhttps://www.ft.com/content/e7e40eae-0011-4d0a-8a59-b5d5625c7389UK energy groups ask for government ‘bad bank’ to weather gas crisis - with David Sheppard https://www.ft.com/content/684e4ef1-87a9-4bdf-96f4-956df4e0a1e2China and Big Tech: Xi’s blueprint for a digital dictatorship - with James Kynge https://www.ft.com/content/9ef38be2-9b4d-49a4-a812-97ad6d70ea6fThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/20/2021 • 10 minutes, 57 seconds

FT News Briefing - Winamp (761)

FT Weekend: The stories we tell, with Elif Shafak

Introducing our new FT Weekend podcast. New episodes every Saturday. We will soon stop publishing FT Weekend on this feed, so you if want to keep listening, subscribe now before you forget! Search FT Weekend in your podcast app of choice.In this episode, Life & Arts columnist Enuma Okoro explores what our cities tell us about ourselves. Then Lilah speaks with Elif Shafak—the most widely read woman novelist in Turkey—about writing in countries without freedom of speech, and her new book, The Island of Missing Trees. Plus: our prolific Undercover Economist Tim Harford makes a case for letting go of your to-do list.You can subscribe to the FT Weekend podcast by searching for 'FT Weekend' wherever you listen. We're on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. Email us at [emailprotected] from the episode:—Enuma Okoro’s love letter to New York City: https://www.ft.com/content/e2507d84-9a12-4755-a9c7-41c9ea116947  —Lilah’s piece about visiting Armenia: https://www.ft.com/content/2e2f38b0-e7a1-11e8-8a85-04b8afea6ea3 —Review of Elif Shafak’s novel, The Island of Missing Trees: https://www.ft.com/content/1a064a06-bd19-43c7-8237-38931853d0e2 —Tim Harford on to-do lists: https://www.ft.com/content/06ffe40d-fdcc-4be8-b536-810cedce7ed1 —Oliver Burkeman on how not to waste your life (paywall): https://www.ft.com/content/dd0d477b-c1f7-4d74-af68-c1ef1692566cSound design and mixing is by Breen Turner, with original music by Metaphor Music.  Hosted on Acast. See acast.com/privacy for more information.

9/18/2021 • 30 minutes, 34 seconds

FT News Briefing - Winamp (762)

Laos welcomes cryptocurrency miners

Read a transcript of this episode on FT.comhttps://www.ft.com/content/8e3784f8-5605-40aa-a8b5-3d0e5bdae9a9An unpublished internal model seen by the FT shows that the European Central Bank expects to hit its elusive 2 per cent inflation target by 2025, and Myanmar’s shadow government is fighting back against the military junta. Plus, the FT’s markets editor, Katie Martin, explains why Laos is allowing cryptocurrency mining. Unpublished ECB inflation estimate raises prospect of earlier rate risehttps://www.ft.com/content/0ee1336d-1c7c-43b5-a8ed-f141f31fb70eLaos pushes into crypto as it authorises mining and tradinghttps://www.ft.com/content/3a820200-0128-42b3-be6c-f5abd6381efaMyanmar violence mounts after shadow government embraces ‘war’https://www.ft.com/content/492bd2b6-e5c9-4d9e-81ea-b95f6c14aef9MassMutual fined $4m over meme-stock trading by ‘Roaring Kitty’https://www.ft.com/content/7ce3b9a4-1f86-4e49-a3cf-6b5a445fef0eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/17/2021 • 9 minutes, 12 seconds

FT News Briefing - Winamp (763)

Alexa, pass the scalpel?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/91b4abd2-1ef7-4069-ac25-a4759a2ddfb8Washington has launched a security partnership with London and Canberra which will support Australia’s plan to build a fleet of nuclear-powered submarines and strengthen the allies’ ability to counter China, and Canada holds an election next week with prime minister Justin Trudeau facing unexpected competition, and Amazon plans to become just as ubiquitous in healthcare as it is in other markets by producing the tools and platforms to underpin an industry on the cusp of dramatic modernisation.US builds bulwark against China with UK-Australia security pacthttps://www.ft.com/content/565160c7-b5e0-4750-858a-37224bf3db0cThe Rachman Review: Is Trudeau’s popularity wearing thin?https://www.ft.com/rachman-review The next Big Tech battle: Amazon’s bet on healthcare begins to take shapehttps://www.ft.com/content/fa7ff4c3-4694-4409-9ca6-bfadf3a53a62Didi loses 30% of daily users after Beijing crackdown following IPOhttps://www.ft.com/content/13a768b0-1000-4cad-8a03-36a1e66f460bThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/16/2021 • 9 minutes, 14 seconds

FT News Briefing - Winamp (764)

China deals a blow to Blackstone’s ambitions

Read a transcript of this episode on FT.comhttps://www.ft.com/content/24c2b733-9dca-4dcf-81d2-ca90583a3ac9US consumer prices in August rose at a more moderate pace in a sign that inflationary pressures associated with the end of Covid-19 lockdowns are easing, and bank executives say consumer spending is outpacing pre-pandemic levels as shoppers shrug off the Delta variant, and Blackstone abandoned a large deal in China after Beijing’s antitrust regulators refused to sign off on it within the agreed time frame, and big Chinese cities suspended land auctions in response to rules aimed at lowering housing prices. Pace of US consumer price rises cools slightly in Augusthttps://www.ft.com/content/eaf6d095-1531-4458-a504-c110d4101469US consumers still spending despite Delta risk, banks sayhttps://www.ft.com/content/5189f544-c7ff-4564-8b46-1fb74b70dfd5Blackstone drops $3bn takeover of property developer Soho China https://www.ft.com/content/b732381e-61ea-4bab-8260-5048ff737047Chinese land auction blunder undercuts Xi’s inequality crusadehttps://www.ft.com/content/40187a8f-9776-4036-91ca-665b44cec086?Call of the great outdoors fades for advertisers during muted commutinghttps://www.ft.com/content/037b6d79-b9e9-4dc1-8224-413a7f613332The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/15/2021 • 9 minutes, 12 seconds

FT News Briefing - Winamp (765)

Diesel vs Doughnuts

Read a transcript of this episode on FT.comhttps://www.ft.com/content/63d65f6a-045d-4da8-b170-c30642cea5ccChinese police are using a new anti-fraud app installed on more than 200m mobile phones to question people who have viewed overseas financial news sites, and Brazil’s first openly gay state governor enters the country’s race for president. Plus, the FT’s Houston correspondent, Justin Jacobs, explains why new biofuels refineries are creating headaches for the food industry. China uses app to monitor access to overseas financial news sites https://www.ft.com/content/84b6b889-ae03-47f7-9cd0-bd604b21d5de Brazil governor pitches third way between Bolsonaro and Lula in 2022 elections - with Michael Stott https://www.ft.com/content/06b00d4b-9cf9-41d3-b888-50ee8613bf12‘Diesel vs doughnuts’: new biofuel refineries squeeze US food industry - with Justin Jacobs  https://www.ft.com/content/b5839a04-a06a-49c1-8622-2974cbb9a84a British hedge fund partner plots return of Trump-era social network Parler https://www.ft.com/content/261fecd4-715f-4b90-a7fa-57d7d4013788The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/14/2021 • 9 minutes, 34 seconds

FT News Briefing - Winamp (766)

Hedge funds flock to Silicon Valley

Read a transcript of this episode on FT.comhttps://www.ft.com/content/40cef59a-441b-4b97-bea8-7a3ec838bc4bBeijing wants to break up Alipay and create a separate app for the company’s highly profitable loans business, Norway’s voters will weigh in on the country’s petroleum production in what’s being called a “climate election,” and a new analysis found that Ireland is failing to keep US Big Tech companies in check. Plus, the FT’s Laurence Fletcher explains why hedge funds are muscling into Silicon Valley and making a record number of deals. FT survey: The return to the office - are you under pressure to go back?https://survey.ft.com/jfe/form/SV_4MZ2tuhkW4NghKuBeijing to break up Ant’s Alipay and force creation of separate loans apphttps://www.ft.com/content/01b7c7ca-71ad-4baa-bddf-a4d5e65c5d79Norway’s oil rises to top of election agenda as climate fears grow - with Richard Milnehttps://www.ft.com/content/70b3ec35-6558-4032-9a0c-47c40a6df5a8Ireland ‘fails’ to enforce EU law against Big Techhttps://www.ft.com/content/5b986586-0f85-47d5-8edb-3b49398e2b08Hedge funds muscle in to Silicon Valley with private deals - with Laurence Fletcherhttps://www.ft.com/content/4935b205-8344-465a-8edf-dc23ec990302The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/13/2021 • 9 minutes, 58 seconds

FT News Briefing - Winamp (767)

Introducing the FT Weekend podcast: 9/11 and the passing of time

Twenty years after the Twin Towers were brought down, FT Weekend podcast host Lilah Raptopoulos explores where 9/11 sits in our memories. The FT’s New York correspondent Joshua Chaffin introduces us to billionaire developer Larry Silverstein, who bought the World Trade Center in July of 2001 and had to rebuild on the site of a tragedy. How do spaces change in meaning over time? The FT’s former Kabul correspondent Jon Boone introduces us to the “New Afghanistan” generation, what they were promised, and what was lost. Plus: we hear from a woman who fled the Taliban and is now waiting in limbo in Albania, suddenly a refugee.  You can subscribe to the FT Weekend podcast by searching for 'FT Weekend' wherever you listen.We’re on Twitter at @FTWeekendpod. Lilah is on Twitter and Instagram @lilahrap. Links from the episode: Josh Chaffin on Larry Silverstein: https://www.ft.com/content/f38a5067-58d1-491f-902f-568abcdd8a84#comments-anchorJon Boone on The Last Days of the New Afghanistan: https://www.ft.com/content/4a276093-cf85-4da7-9093-6af6443bb53aSound design and mixing is by Breen Turner, with original music by Metaphor Music.  Hosted on Acast. See acast.com/privacy for more information.

9/11/2021 • 28 minutes, 23 seconds

FT News Briefing - Winamp (768)

The SEC vs Coinbase

Read a transcript of this episode on FT.comhttps://www.ft.com/content/0b052bc2-c481-49c7-a645-c83e90f45ff1A poll shows leading economists believe the Federal Reserve will raise interest rates in 2022 due to inflationary pressures, the ECB says it will move to “a moderately lower pace” in its €1.85tn pandemic emergency purchase programme, and one of China’s largest property developers, Evergrande, faces the risk of default. Plus, the FT’s US Legal and Enforcement Correspondent, Stefania Palma, explains why regulators around the world are keeping an eye on the clash between the Securities and Exchange Commission and the cryptocurrency exchange, Coinbase.Economists forecast quicker return to US interest rate rises than Fed projectionshttps://www.ft.com/content/0a7a4edd-b656-4d6a-b608-454241d0288eECB to slow bond-buying as Europe’s economy improveshttps://www.ft.com/content/e8a78a9f-8e81-403a-a1be-9ad8e6199e72SEC puts crypto industry on notice with Coinbase movehttps://www.ft.com/content/66eca8c0-2d3a-4578-bd92-e604e2af054fEvergrande liquidity crisis: why the property developer faces risk of defaulthttps://www.ft.com/content/6d127e05-2208-4226-9cd1-ef2f7463cdf0The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/10/2021 • 10 minutes, 10 seconds

FT News Briefing - Winamp (769)

The world’s biggest direct carbon capture plant

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7344543b-aefa-4715-8494-7c92e1e531f2A court heard opening arguments in the case against the founder of the failed blood-testing technology start-up Theranos, Janet Yellen has warned that the US Treasury could run out of cash next month, and PayPal has acquired the Tokyo-based buy now, pay later company, Paidy. Plus, the FT’s environment and clean energy correspondent, Leslie Hook, explains how the world’s largest CO2 direct capture plant works. ‘Failure is not a crime,’ Theranos founder’s lawyers tell juryhttps://www.ft.com/content/b7462815-f022-4e11-a3fd-a7845b1191a2Janet Yellen warns US Treasury risks running out of cash in Octoberhttps://www.ft.com/content/4433d8ef-7d18-4c07-ba08-7f05fcbdb0b8PayPal to acquire buy now, pay later provider Paidy for $2.7bnhttps://www.ft.com/content/cdeccd3c-fe41-4228-ad11-9efc6f5c9d2dWorld’s biggest ‘direct air capture’ plant starts pulling in CO2https://www.ft.com/content/8a942e30-0428-4567-8a6c-dc704ba3460aEY will invest $2bn to improve audits after series of scandalshttps://www.ft.com/content/737dd635-dba2-49d7-bcdd-34f467b218ea?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/9/2021 • 9 minutes, 51 seconds

FT News Briefing - Winamp (770)

Is Xi Jinping moving China into a new era of Maoism?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7a545b87-55eb-4dbd-b9a0-c80def4bdcf8Pfizer’s chief scientific officer Philip Dormitzer denied that the company should have developed a more potent Covid-19 vaccine, and the Taliban has announced Afghanistan’s first government since the US left the country, and James Bullard, president of the St Louis Fed pushed back on concerns that the US labour market recovery is faltering. Plus, the FT’s Beijing bureau chief, Tom Mitchell, explains whether China is heading into a new political era under president Xi Jinping. Top Pfizer scientist defends booster push and vaccine potencyhttps://www.ft.com/content/3ee3efaa-766c-42c9-baf7-9825d3e78edfTaliban announces government as it faces growing crises and isolationhttps://www.ft.com/content/9cc0e2ca-19ab-4614-a168-76f1e4c1875bTop Fed official pushes for quick ‘taper’ despite weak US jobs growthhttps://www.ft.com/content/7c2fc0ce-e7c0-4083-92e8-e81d9235ab45The Chinese control revolution: the Maoist echoes of Xi’s power playhttps://www.ft.com/content/bacf9b6a-326b-4aa9-a8f6-2456921e61ecThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/8/2021 • 10 minutes, 43 seconds

FT News Briefing - Winamp (771)

Why developing countries are so keen on cryptocurrencies

Read a transcript of this episode on FT.comhttps://www.ft.com/content/768cdb61-a131-42de-b8d6-42c3c757cb82Prime minister Boris Johnson will announce a tax rise of more than £10bn a year today, and the military junta that overthrew Guinea’s president is urging mining companies to keep operating.  Plus, the FT’s emerging markets correspondent, Jonathan Wheatley, explains why developing countries have provided fertile ground for cryptocurrencies to take hold. Johnson set to unveil £10bn tax rise to fund NHS, social carehttps://www.ft.com/content/47120539-1930-4065-ae93-de84dc51378cGuinea coup leaders urge mining companies to keep operatinghttps://www.ft.com/content/6ff3fe38-66f1-4d76-995a-457936305dd2Cryptocurrencies: developing countries provide fertile groundhttps://www.ft.com/content/1ea829ed-5dde-4f6e-be11-99392bdc0788‘Shang-Chi’ smashes Labor Day records with $90m in ticket saleshttps://www.ft.com/content/731d8697-a894-4f81-aae6-0a27f3cf85edThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

9/7/2021 • 9 minutes, 44 seconds

FT News Briefing - Winamp (772)

Bridgepoint’s hidden executive pay

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6b286858-b05a-4211-8e04-315b4e8bac38A frantic summer of dealmaking has put 2021 on track to break records, and Japan’s future is uncertain after prime minister Yoshihide Suga abruptly announced his departure. Plus, the FT’s private capital correspondent explains how a prominent British private equity firm went public this summer but has kept its executive pay opaque Global dealmaking set to break records after frenzied summerhttps://www.ft.com/content/4b955a75-55a4-4e13-b785-638b88bbfb0bYoshihide Suga’s exit sets off fight to reshape Japanese politicshttps://www.ft.com/content/fff52074-ee42-43c3-a96f-d1332005d802Bridgepoint went public. Executive rewards stayed private.https://www.ft.com/content/25649306-ac8a-4183-894a-7df1eb798acfBrewDog launches venture with Japan’s Asahi to boost saleshttps://www.ft.com/content/964b92ae-18d7-41a0-b8f1-138baa54870eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

9/6/2021 • 10 minutes, 35 seconds

FT News Briefing - Winamp (773)

Introducing FT Weekend: The good life, with chefs Daniel Humm and Alice Waters

In this first-ever episode of the FT Weekend podcast, host Lilah Raptopoulos talks to Eleven Madison Park’s Daniel Humm and Chez Panisse’s legendary Alice Waters to discover how the world’s top chefs are finding purpose beyond their restaurants. Humm created a buzz in May when he announced that his world-famous restaurant would be going entirely plant-based. Has that risk paid off? And what does it mean to do good as a chef?Plus: the FT’s design critic Edwin Heathcote gives us a tour of the world’s most revengeful architecture, and reporter Madison Darbyshire shares tips for how to furnish your home with old things.You can subscribe to FT Weekend podcast by searching for FT Weekend wherever you listen.We’re on Twitter at @FTWeekendpod. Lilah is on Twitter and Instagram @lilahrap. Links from the episode:Lilah’s piece on chefs (paywall) - https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699 Edwin on the architecture of spite (paywall) - https://www.ft.com/content/1161fbbe-5ae1-4328-bf59-dcd8b1d6564f Madison’s masterclass in flea-market chic - https://www.ft.com/content/6c8bf8a2-ddee-11e9-9743-db5a370481bc Sound design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

9/4/2021 • 26 minutes, 47 seconds

FT News Briefing - Winamp (774)

US corporate debt binge, FT Weekend podcast preview

Read a transcript of this episode on FT.comhttps://www.ft.com/content/0b603fa8-7afc-46f3-bae6-46b89a0def8fBankers and investors are bracing for a bumper month of debt issuance in the US, and Germany’s Dax is welcoming 10 new companies to its index. Plus, the FT’s Lilah Raptopoulos talks about the launch of her new show, the FT Weekend podcast. Banks and investors gear up for US corporate debt bingehttps://www.ft.com/content/dff0ebdf-1d64-4e9a-9261-6957455d856dGermany’s Dax undergoes makeover as it expands from 30 to 40https://www.ft.com/content/297a35a8-df37-4091-a283-1914cdbd3e8aFT Weekend podcast https://www.ft.com/ftweekendpodcastUK staycations and return to offices boost retail footfall in Augusthttps://www.ft.com/content/15d4a2d0-eaa5-4cf8-bd04-fcb7a34c04b7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/3/2021 • 9 minutes, 58 seconds

FT News Briefing - Winamp (775)

Banking on cannabis

Read a transcript of this episode on FT.comhttps://www.ft.com/content/385a236d-c829-47e8-b3a3-c0c3ef2d5387YouTube has netted 50m paying subscribers for its music streaming services, and the dearth of truckers has become so severe in the US that some fleet owners are petitioning officials to let more foreign operators into the country. Plus, the FT’s US banking editor Josh Franklin explains that top American banks have avoided cannabis companies so a niche finance sector has sprouted up to service this growing industry. YouTube’s music services amass 50m paying subscribers  https://www.ft.com/content/ae722400-561c-431a-85eb-e09e1f6b0bb2US truck driving shortage, with the FT’s Steff Chavezhttps://www.ft.com/content/a7283077-69de-4bb2-9d0a-1c68090d719fBanking on cannabis: the new network of lenders for a semi-legal industry - with Joshua Franklin, US banking editorhttps://www.ft.com/content/28d8375a-3bd9-4fba-b1b7-a2e5e8b4fcdbThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/2/2021 • 8 minutes, 38 seconds

FT News Briefing - Winamp (776)

Biden defends US pullout of Afghanistan

Read a transcript of this episode on FT.comhttps://www.ft.com/content/53441ca2-a824-4f2c-8a76-c10ebde4840bBrussels is drafting a proposal for a €600m package to help Afghanistan’s neighbours host refugees fleeing the Taliban, and luxury brands are uncertain about their future in China after President Xi Jinping’s call for wealth distribution. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains why investors could become more excited about emerging markets. EU plans €600m package for Afghanistan’s neighbours to avert refugee crisishttps://www.ft.com/content/c3688ac7-f7e0-473c-98ea-91735e3278d5Xi Jinping’s call for wealth redistribution threatens luxury groups’ China boomhttps://www.ft.com/content/4cf59a34-cd03-48a1-b5d0-0c71922ef9b3Investors eye emerging market upswing after China shockhttps://www.ft.com/content/4546f956-c48e-4530-9eaa-e567fa2856e1Trial of Theranos founder Elizabeth Holmes begins in Californiahttps://www.ft.com/content/3be72070-bc6a-4181-8ae4-a729758511ceThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

9/1/2021 • 8 minutes, 33 seconds

FT News Briefing - Winamp (777)

The fight between US service staff and QR codes

Read a transcript of this episode on FT.comhttps://www.ft.com/content/86c5ce53-69cb-4bf2-b79e-7e67f1b71cfaQR codes have replaced service staff in the pandemic and experts worry that means many jobs lost during the coronavirus pandemic will not return, and Germany’s inflation has risen to its highest level since 2008. Plus, the FT’s US banking correspondent, Imani Moise, explains how Bank of America is fighting a worker shortage by retraining its own employees. QR codes replace service staff as pandemic spurs automation in US - with Taylor Nicole Rogers, labour and equality correspondenthttps://www.ft.com/content/05754eb3-38a5-488d-af96-5f5a1a7955c1Bank of America fights war for tech talent by retraining own employees - with Imani Moise, US banking correspondenthttps://www.ft.com/content/1edee6e4-6b67-4866-a0c6-23b15fa56debGerman inflation surges to 13-year high of 3.4%https://www.ft.com/content/55cbd2a2-adc9-406f-ad45-daf90d79d221Inflation puts pressure on America’s fast-expanding dollar storeshttps://www.ft.com/content/5853dd3a-0c22-4d2b-a263-ec51bf1a0c29The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/31/2021 • 9 minutes, 34 seconds

FT News Briefing - Winamp (778)

Trailer: Introducing the FT Weekend podcast

We'd like to introduce you to our new show: FT Weekend. Turn off your email alerts and settle in. Every Saturday, from September 4, join host Lilah Raptopoulos for inspiring conversations, in-depth storytelling, a bit of escapism and a lot of fun. Brought to you by the award-winning Life & Arts journalists at the Financial Times.You can subscribe in your podcast feed of choice by searching for FT Weekend.Sound design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

8/30/2021 • 4 minutes, 2 seconds

FT News Briefing - Winamp (779)

How community banks were small business saviours during the pandemic

Read a transcript of this episode on FT.comhttps://www.ft.com/content/e03bcc3e-c418-47e6-9037-0f0030529af0The US tomorrow will withdraw all of its troops from Afghanistan and the country faces a potential economic catastrophe. The International Monetary Fund’s chief economist warns that emerging market economies can’t afford another ‘taper tantrum.’ Plus, FT contributing editor, Brendan Greeley, explains how US community banks played an instrumental role in keeping small businesses alive during the pandemic. IMF’s Gopinath says emerging economies can’t afford ‘taper tantrum’ reduxhttps://www.ft.com/content/873ca2e8-63d2-40dd-842d-5409169166faHow US community banks became ‘irreplaceable’ in the pandemichttps://www.ft.com/content/4face0c6-c1fb-47af-972b-8749e92b4bafWearables company Whoop valued at $3.6bn after SoftBank investmenthttps://www.ft.com/content/f3dde553-0aa1-4137-bc50-093b1003fa71The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/30/2021 • 9 minutes

FT News Briefing - Winamp (780)

Life under the Taliban: ‘Herat is now like a ghost city’

Read a transcript of this episode on FT.comhttps://www.ft.com/content/3e727154-099c-4af8-b3a0-5aa2742bcdcaUS military officials are blaming Isis for an attack near Kabul airport yesterday that killed at least 13 service members and an unknown number of civilians, and the Federal Reserve is preparing for today’s virtual Jackson Hole economic symposium under the cloud of the Delta variant, and Brussels has warned that it could sever a data-sharing agreement with the UK. Plus, the FT’s Najmeh Bozorgmehr reports on life in Afghanistan’s third-largest city, Herat, now that the Taliban are in control. At least 13 US troops among those killed in Kabul bombings, with Aime Williams in Washingtonhttps://www.ft.com/content/817bfbaa-e62a-4cc9-b503-54d0a53dfc52Life under the Taliban: ‘Herat is now like a ghost city’, with Tehran correspondent Najmeh Bozorgmehrhttps://www.ft.com/content/d30d1991-252e-4060-aa98-b5831e3f470cFed prepares for virtual Jackson Hole meeting under cloud of Delta, with US economics editor Colby Smith https://www.ft.com/content/806b507c-3c07-4e93-bc59-763dfeed0e32?EU takes aim at UK plan to rewrite data laws, with EU technology correspondent, Madhumita Murgia https://www.ft.com/content/f344f7ea-2829-46d2-8943-26b73c5804daThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/27/2021 • 9 minutes, 46 seconds

FT News Briefing - Winamp (781)

OnlyFans reverses its controversial p*rn ban

Read a transcript of this episode on FT.comhttps://www.ft.com/content/a2aabbbe-070f-48f1-92f2-5ed1ec85cf2bTurkey’s military has begun withdrawing its troops from Kabul airport while the country’s president Recep Tayyip Erdogan said his country can’t handle more migrants, and global regulators are imposing heavy fines on financial institutions for failing to stop anti-money laundering. Plus, the FT’s consumer industries reporter, Patricia Nilsson, explains OnlyFans’ ban on sexually explicit content, and its sudden reversal. Turkey begins evacuation of troops from Kabul airporthttps://www.ft.com/content/22046156-b4de-4b4c-abb5-1ae388f763c9Erdogan rules out Turkish role as EU ‘warehouse’ for Afghan refugeeshttps://www.ft.com/content/09abc27e-607c-4d83-8e39-84eaa179565e?Anti-money laundering fines surge as watchdogs impose tougher penaltieshttps://www.ft.com/content/7144ff53-5a17-477b-ab75-4f4a88b94fd2OnlyFans reverses controversial p*rn ban, with consumer industries reporter Patricia Nilsson https://www.ft.com/content/5468f11b-cb98-4f72-8fb2-63b9623b7b2bGerman election wide open as Merkel successor loses poll leadhttps://www.ft.com/content/a1f73855-8b68-4b7a-b0ec-5b9df6c77578Germany poll tracker: the race to succeed Angela Merkelhttps://www.ft.com/content/5885e964-6d54-46ba-be63-8fb7009075f2The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/26/2021 • 10 minutes, 18 seconds

FT News Briefing - Winamp (782)

Lawsuit seeks accountability for Beirut port blast

Read a transcript of this episode on FT.comhttps://www.ft.com/content/03108ae2-9645-4849-a165-52eee0272790US President Joe Biden is defying international pressure and sticking by his plan to withdraw American troops from Afghanistan by the end of the month, and the UK will roll out new regulations to protect children’s data online. Plus, the FT’s legal correspondent, Kate Beioley, talks about the lawsuit that Lebanese lawyers have filed against a UK-registered chemicals company over the 2020 Beirut port blast. Biden refuses to extend evacuation as Taliban blocks Afghans from airport, with US trade correspondent Aime Williamshttps://www.ft.com/content/a42b6570-d037-41c9-9e35-a0e6779a2e87UK targets social media, gaming and videos with new Children’s Codehttps://www.ft.com/content/705e0468-bfcf-4f5d-b777-c25785d950cb?Lebanese lawyers sue UK-registered company over Beirut port blast, with legal correspondent, Kate Beioleyhttps://www.ft.com/content/57e43122-04e5-4cc2-8fea-9ba910da5673BBQ stocks: Wall Street feels the thrill of the grillhttps://www.ft.com/content/6a2946b6-2124-4185-8cfa-f493a1f1d1a2?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/25/2021 • 8 minutes, 7 seconds

FT News Briefing - Winamp (783)

G7 tries to salvage Afghanistan crisis

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f23d324d-b17e-4f6a-bacd-dad8fed54493At an emergency G7 meeting US president Joe Biden will hear calls from western allies to negotiate with the Taliban for an extension to the US-led evacuation from Afghanistan while facing the humiliating prospect that the Islamist militants may veto the idea, and a US pandemic assistance programme is set to end early next month, leaving millions of gig workers without the support they’ve come to rely on. Biden squeezed between allies and Taliban on Afghan deadline - with George Parker, political editorhttps://www.ft.com/content/38838e4f-c55c-4504-9f5b-b7b7f8d904f8Taliban finances swelled by proceeds of Afghanistan’s shadow economy - with Stephanie Findley, South Asia correspondenthttps://www.ft.com/content/25b48967-2d8c-4acd-8699-e0cbdf164cb8US gig workers carry on the fight for rights as jobless aid comes to an end - with Amanda Chuhttps://www.ft.com/content/09b8b6aa-c545-4499-a615-d256cfa4e62eSHOWNOTES LIVE FT WEBINAR: Join FT correspondents and guests to discuss The Fall of Afghanistan: What Next? on Wednesday 25 August. Sign up for an FT subscriber webinar at ft.com/afghan-webinarThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/24/2021 • 9 minutes, 52 seconds

FT News Briefing - Winamp (784)

Boris Johnson to host Afghanistan crisis talks

Read a transcript of this episode on FT.comhttps://www.ft.com/content/94500fca-aef3-4ab6-82d5-08005ee49c49UK prime minister Boris Johnson will on Tuesday host crisis talks on Afghanistan with world leaders as Britain presses the US to extend the evacuation timetable amid chaos and deaths at Kabul airport, US cinema owners meeting in Las Vegas this week hope a slate of blockbusters will draw the curtain on Covid slump, and the spread of non-disclosure agreements, or NDA’s, is bad for companies as well as workers. UK prime minister acknowledges China and Russia as crucial to limiting chaos while US hints at extending pullout deadlinehttps://www.ft.com/content/3073164b-43c5-45ec-bda5-f62f7107a747Cinemas hope slate of blockbusters draws the curtain on Covid slump - with Christopher Grimes, Los Angeles correspondenthttps://www.ft.com/content/a44b5c22-0b44-4c34-8f67-5540db152182FEATURE: The NDA Boom is bad for both workers and employers - with Sarah O’Connor, employment columnisthttps://www.ft.com/content/463c917d-c8b5-418d-b8f7-d582747091beFemale board members at FTSE 100 companies paid 40% less than menhttps://www.ft.com/content/96b90579-b7cd-44a8-ba7e-cad6be5c6faaThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/23/2021 • 9 minutes, 22 seconds

FT News Briefing - Winamp (785)

Auto industry chip shortage worsens

Read a transcript of this episode on FT.comhttps://www.ft.com/content/243efeb3-032a-4282-b83a-24f566ea1161The chip shortage hobbling the auto industry has worsened as a wave of coronavirus cases spreads across south-east Asia with three of the world’s largest automakers announcing new disruptions on their assembly lines, Europe remains scarred by the memory of the Syrian refugee crisis and the bloc’s message about Afghan refugees is different, and FT Management Editor Andrew Hill shares highlights from this year’s longlist for the FT & McKinsey Business Book of the Year Award. Chip shortage deepens supply problems at global carmakers - with Tokyo Correspondent Kana Inagaki https://www.ft.com/content/89bd676c-fc10-4a69-9b03-dc50ed3f441dIn Europe, Afghan refugees raise spectre of 2015 asylum crisis - with Berlin Bureau Chief Guy Chazanhttps://www.ft.com/content/15549b1b-81c9-452f-9876-e90dc6c61ce0FT and McKinsey Business Book of the year Longlist - with Management Editor Andrew Hill https://www.ft.com/content/2529e4d9-0ca2-4bec-bc14-8d6626651408 The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/20/2021 • 9 minutes, 23 seconds

FT News Briefing - Winamp (786)

Afghanistan’s ‘dire’ financial outlook

Read a transcript of this episode on FT.comhttps://www.ft.com/content/b1c4e938-b959-4767-aba9-2aedc1f44005The former head of Afghanistan’s central bank has warned that the country is facing “dire” financial prospects and an acute shortage of dollars and higher inflation will fuel the flow of migrants out of the country; the Taliban’s takeover hands China and Russia an opportunity to project their power after Washington’s chaotic withdrawal; and a majority of Federal Reserve officials believe the US central bank could start withdrawing a massive pandemic stimulus programme later this year, according to a record of their latest meeting.Afghanistan faces ‘dire’ financial outlook, warns former central bank chief - with Jonathan Wheatley, emerging markets correspondenthttps://www.ft.com/content/65f61fb1-9462-4e25-990a-702812860b76China and Russia poised to step into the Afghanistan gap - with James Kynge, global China editorhttps://www.ft.com/content/7ceb9e3b-bd6e-43fe-bb86-80353249e6acMost Fed officials reckon stimulus could start winding down this year - with Colby Smith, US economics editorhttps://www.ft.com/content/29be3f70-3f3e-4bfd-b26e-01833337587cUK government intervenes in £2.6bn Ultra Electronics takeover by Cobham https://www.ft.com/content/55b3e146-87cb-469b-a128-5865cb1abe87The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/19/2021 • 11 minutes, 7 seconds

FT News Briefing - Winamp (787)

The Taliban’s first official press conference since taking Kabul

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9950c2c0-f75c-4098-aa1f-01e3ffc38644In the Islamist group’s first official press conference since it took Kabul, Taliban spokesperson Zabihullah Mujahid said the militants would not seek revenge against government officials or the Afghan soldiers it has fought for the past two decades, and WhatsApp has shut down a complaints helpline set up by the Taliban after the messaging app came under pressure to block the group from using its services, and the British the aerospace and defence group, Ultra Electronics, is set to become the latest UK engineering specialist to fall into foreign ownership. Islamist group urges citizens to return to daily lives even as government workers report harassment - with Stephanie Findlay, South Asia correspondent https://www.ft.com/content/7f03429a-8d61-43df-9cd8-c9d9e9ba18c8WhatsApp shuts down Taliban helpline in Kabul https://www.ft.com/content/d8e29de8-aebb-4f10-a91e-89d454d4a9f7Cobham agrees to buy rival UK defence group Ultra Electronics for £2.6bn - with Sylvia Pfeifer, industry correspondenthttps://www.ft.com/content/87fe2b9f-a551-49ca-9624-c29f3e5fa9c4BHP to shift main stock market listing from London to Sydneyhttps://www.ft.com/content/47e226aa-315c-48e3-aef3-44f83075dcc3The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

8/18/2021 • 8 minutes, 47 seconds

FT News Briefing - Winamp (788)

How will the Taliban 2.0 rule?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/76ae831e-7a74-4429-8bbb-2b947a04cb44Biden made his first comments on Afghanistan and blamed the chaos in Kabul on the country’s deposed leaders, and desperate Afghans overran the airport trying to flee. Pakistan’s international bonds came under selling pressure on Monday as emerging market investors braced themselves for the fallout from the crisis in Afghanistan, and the Taliban has pledged to create an open and inclusive government but most observers expect the swift return of repressive theocratic rule in the country.Pakistan bonds hit as investors brace for Afghanistan fallout - with Tommy Stubbington, capital market correspondenthttps://www.ft.com/content/1f8e5d82-152a-456e-b6c9-4e2fe8b74b68Who are the Taliban 2.0?  - with Stephanie Findlay, South Asia correspondenthttps://www.ft.com/content/25bb6ed9-fdef-451f-a7a7-4a7b9e4ab852The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/17/2021 • 8 minutes, 36 seconds

FT News Briefing - Winamp (789)

Afghanistan’s President flees his country

Read a transcript of this episode on FT.comhttps://www.ft.com/content/b1e7f141-e281-4bee-81e3-b11eaf9d767dAfghanistan’s president fled the country as the Taliban advanced on Kabul, and tropical storm Grace headed towards Haiti as rescue workers scrambled to reach people trapped under rubble after a massive earthquake, and as the super-infectious Delta variant spreads around the world many governments are facing the delicate question of how to get hesitant citizens to take the jab.US and allies race to evacuate staff as Taliban reaches Kabulhttps://www.ft.com/content/12dc9ad8-cd90-4378-86f6-64f70f4062ebDeaths mount after powerful earthquake strikes Haiti - with Gideon Longhttps://www.ft.com/content/9f2e5149-4c63-4412-b258-59fd7d40517aHow to reach the unvaccinated: the risks of bribery and coercion - with Clive Cooksonhttps://www.ft.com/content/9955d68a-6bd9-4530-b103-afc034243cb3Salzburg comes alive again to the sound of music https://www.ft.com/content/b01f05aa-86ae-4d09-ba30-0a4074a98ca7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/16/2021 • 8 minutes, 24 seconds

FT News Briefing - Winamp (790)

Financial technology start-ups in Africa

Read a transcript of this episode on FT.comhttps://www.ft.com/content/80e6939d-d085-499d-ac9d-3ac6386b69c1Airbnb reported strong quarterly earnings and said tourists from places with higher vaccination rates were “driving the travel recovery”, and ​​employees are taking sensitive computer code from their companies at three times the rate they were a year ago. Plus, the FT’s Africa editor David Pilling and McKinsey & Company partner Topsy Kola-Oyeneyin discuss the growth of financial technology start-ups in Africa. Airbnb benefits from ‘travel recovery’ as bookings and revenue growhttps://www.ft.com/content/fd8f8621-cac4-4bff-a082-9a74d1cbec15Disney outpaces streaming rivals as it doubles subscribers in a yearhttps://www.ft.com/content/9b705a6f-35f6-49cf-883b-0581fbf5ab48Workers increasingly steal company data during ‘turnover tsunami, with San Francisco correspondent Hannah Murphy https://www.ft.com/content/a7a2b5c4-1653-4364-84c1-c322c5b56745African start-ups attract international investors — but need local ones too, with Africa editor David Pilling https://www.ft.com/content/566fc2a5-6df4-4145-8157-99d4eb8da4c1The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/13/2021 • 8 minutes, 38 seconds

FT News Briefing - Winamp (791)

The debt-laden UK high street

Read a transcript of this episode on FT.comhttps://www.ft.com/content/baa5d27d-d16c-4f47-9902-abb72f02429dA top Federal Reserve official told the FT that the central bank could dial back its ultra-accommodative monetary stimulus as early as this year, and the White House has called on Opec to boost oil production in an effort to curb high petrol prices. Plus, the FT’s property correspondent, George Hammond, discusses the complicated dilemma of unpaid rent that faces businesses, their landlords, lenders and the UK government. Federal Reserve’s Daly says tapering could start as soon as this yearhttps://www.ft.com/content/e3320366-02f1-453e-ae42-e4af66a17eb0White House calls on Opec to boost production to contain fuel prices, with Washington correspondent, Lauren Fedor https://www.ft.com/content/a8a631cf-de43-47e8-8cc4-99732c39c4daUnpaid rent: the £6.4bn question facing the UK high street, with property correspondent George Hammondhttps://www.ft.com/content/ef6c975b-91f4-4328-8466-70b686f7309dBurger chain Wendy’s to expand into ‘dark kitchens’ after raising forecastshttps://www.ft.com/content/31240e24-32e2-411f-8976-2127d16568c8The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/12/2021 • 9 minutes, 27 seconds

FT News Briefing - Winamp (792)

Philip Morris battles to buy a medical inhaler company

Read a transcript of this episode on FT.comhttps://www.ft.com/content/b20cdab3-2e47-4bbe-bbff-39c42459d105The rapid pace of US consumer price increases seen in recent months is set to stall in July near a 13-year high, and SoftBank will cut its investment in Chinese start-ups until the extent of Beijing’s scrutiny of the tech sector becomes clear. Plus, the FT’s private capital correspondent, Kaye Wiggins, has the latest on the battle between private equity group Carlyle and tobacco company Philip Morris International for the British medical inhaler maker, Vectura. Rapid pace of US consumer price increases expected to moderatehttps://www.ft.com/content/8a2ad340-5ecf-4aa5-be35-aa7f528c8b83Carlyle steps back from Vectura bidding war with Philip Morrishttps://www.ft.com/content/9b860f52-ddf7-447b-bd74-c44b25a69da7SoftBank to cut China investments until tech sector calmshttps://www.ft.com/content/8b98db7c-24e9-4aa4-bc42-56338139962eElusive Olympic bounce gives hope to Suga’s leadership rivalshttps://www.ft.com/content/47557c29-2225-4501-81dd-df4b41220725?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/11/2021 • 10 minutes, 20 seconds

FT News Briefing - Winamp (793)

US Senate on the cusp of approving Biden’s $1tn infrastructure package

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7822a4a7-d31a-40ce-8217-ebbafc4acb09Oil prices continue to slide on investor concerns over the spread of the coronavirus Delta variant, especially in China, and DraftKings buys Golden Nugget Online Gaming for $1.56bn. Plus, the FT’s Washington correspondent, Lauren Fedor, explains how the US Senate is getting closer to approving president Joe Biden’s $1tn infrastructure package. US Senate set to pass $1tn infrastructure package in bipartisan votehttps://www.ft.com/content/67880a94-55c9-468c-a749-35463a08e6c5Oil slides as Delta worries dent outlook for Asia demandhttps://www.ft.com/content/ba4ab9a0-4e89-4979-b794-c7e5593724a6DraftKings buys Golden Nugget Online Gaming in $1.56bn dealhttps://www.ft.com/content/f857e397-adab-4b95-b308-caa59b8d2b49Cryptocurrency exchanges target sport sponsorshipshttps://www.ft.com/content/a93e9ad5-31d6-4048-9ca8-2f38cc6c43f4?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/10/2021 • 8 minutes, 52 seconds

FT News Briefing - Winamp (794)

Can science link extreme weather to climate change?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/65fa9d74-d971-4536-a411-c06d86d8de64FT calculations of 20 Chinese billionaires show that their net worth has dropped by about $80bn since late June, ByteDance, the owner of short-video app TikTok, has revived a plan to go public, and Industry bosses are predicting a worldwide construction “supercycle” set to fuel demand for building materials. Plus, the FT’s climate reporter Camilla Hodgson explains how scientists are trying to link natural disasters to global warming. Tech crackdown erases $80bn from the wealth of China’s top tycoonshttps://www.ft.com/content/7e6f9a08-37be-4ab3-ae15-953533ab33b5China’s ByteDance aims for Hong Kong IPO despite tech crackdownhttps://www.ft.com/content/bacca56f-1da5-4721-90bf-a61383ab7eecConstruction ‘supercycle’ predicted on wave of government spendinghttps://www.ft.com/content/41574f1e-58ae-4b17-a1ea-991a46d70932?Fires and floods: can science link extreme weather to climate change?https://www.ft.com/content/fe4e658e-0473-4f98-b995-4606aefa90bcThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/9/2021 • 8 minutes, 23 seconds

FT News Briefing - Winamp (795)

Robinhood’s wild stock market debut

Read a transcript of this episode on FT.comhttps://www.ft.com/content/0e09d7d2-95d7-4fa1-80ff-9ff466f3cf6aApple intends to install software on US iPhones to scan for child abuse imagery, and president Joe Biden signed an executive order on Thursday calling for half of all new vehicles sold in the US to be electric by 2030. Plus, the FT’s markets editor Katie Martin explains how Robinhood’s stock price has rebounded after its IPO fell flat last week. Apple plans to scan US iPhones for child abuse imagery, with European technology correspondent Madhumita Murgiahttps://www.ft.com/content/14440f81-d405-452f-97e2-a81458f5411f?Biden sets electric vehicle target in drive to cut emissionshttps://www.ft.com/content/7fbc2d70-5365-4d3b-97ec-cea2756de28d?Robinhood soars after retail traders flock to shares, with markets editor Katie Martinhttps://www.ft.com/content/a9017fe2-e24a-4224-b2fa-320be47853b7China’s education clampdown threatens to aggravate youth unemploymenthttps://www.ft.com/content/d2a6fab8-2cf7-49f4-9027-ee18a064715f?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/6/2021 • 10 minutes, 35 seconds

FT News Briefing - Winamp (796)

Why China’s youth ‘lie flat’ instead of enduring stress

Read a transcript of this episode on FT.comhttps://www.ft.com/content/c6ee7948-06e7-4f4c-8940-2f83d85bdf4dThe value of the world’s stock of negative-yielding debt has ballooned to more than $16.5tn, SoftBank’s second Vision Fund plans to invest $100m in a new fund started by one of its former top partners, and US food delivery group DoorDash is preparing to make its first investment in Europe. Plus, the FT’s global China editor, James Kynge explains why younger Chinese people are opting out of stressful jobs. Bond rally pushes global stock of negative-yielding debt above $16tnhttps://www.ft.com/content/43280fe3-b6cd-44e1-bb75-25b0962b5ba1?SoftBank to invest $100m in former partner’s fund with Miles Kruppa, venture capital correspondenthttps://www.ft.com/content/684613f0-b2cc-42e9-817a-204a80dd048fDoorDash in talks to invest in German grocery app Gorillashttps://www.ft.com/content/9cccd541-0a44-4002-af6e-35fe7ef46445China’s young ‘lie flat’ instead of accepting stress with James Kynge, global China editorhttps://www.ft.com/content/ea13fed5-5994-4b82-9001-980d1f1ecc48The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/5/2021 • 9 minutes, 39 seconds

FT News Briefing - Winamp (797)

PepsiCo’s juicy private equity deal

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9221dcf1-ef98-4474-9d9f-226f08843bbfSpain has called on the EU to back measures to limit surging electricity prices and athletes from Russia are enjoying success at the Olympics despite a ban on the country. Plus, the FT’s private capital correspondent, Kaye Wiggins, explains why PepsiCo has sold off its big-name juice brands to a private equity firm. Russia wins at Tokyo 2020 despite ban over doping programmehttps://www.ft.com/content/31643c45-cf35-43e0-a0d4-1c2d40e49401Spain urges EU to act against soaring energy priceshttps://www.ft.com/content/7cf9a7c1-a103-4923-bb5b-bad93d32ca39PepsiCo to sell Tropicana and Naked Juice brands to private equity firm for $3.3bnhttps://www.ft.com/content/859b3fc6-0942-48a9-8a7d-a0ca0ff4cc70Year after Beirut port blast families of victims push for truthhttps://www.ft.com/content/6a049e18-6a5c-40ee-b6ae-cef6ae95a317?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/4/2021 • 10 minutes, 22 seconds

FT News Briefing - Winamp (798)

Optimism soars on the airline industry’s recovery

Read a transcript of this episode on FT.comhttps://www.ft.com/content/219d15f1-b6fa-471c-b0ed-2a2c4163f757Forests in the US that generate the carbon offsets bought by companies including BP and Microsoft are on fire; Goldman Sachs looks to scale back its asset management business; and the International Monetary Fund has issued a warning over using cryptocurrency as legal tender. Plus, the FT’s Philip Georgiadis explains whether the airline industry’s resurgence is here to stay. Carbon offsets going up in smoke as company-linked forests burn with climate reporter, Camilla Hodgsonhttps://www.ft.com/content/3f89c759-eb9a-4dfb-b768-d4af1ec5aa23?Goldman mints billions through investments it is looking to shrinkhttps://www.ft.com/content/9fb175d7-fcf2-4d82-be0a-62ec49b6ab27IMF warns on crypto as national currency ahead of El Salvador launchhttps://www.ft.com/content/c36c45d2-1100-4756-a752-07a217b2bde0?Clouds lift as confidence returns to battered airline industry with acting transport correspondent, Philip Georgiadishttps://www.ft.com/content/9214f0a8-cc60-4511-be5d-4362462e1896The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/3/2021 • 10 minutes, 10 seconds

FT News Briefing - Winamp (799)

How climate change is steering the future of food

Read a transcript of this episode on FT.comhttps://www.ft.com/content/97741491-f1aa-4107-a84d-ebd874b1259dHouse prices are increasing in almost every major economy in the wake of the pandemic, and the success of skateboarding in the Tokyo Olympics could have a real influence on Japan’s culture. Plus, the FT’s commodities correspondent, Emiko Terazono, explains how changing temperatures across the globe are shifting the seasons and the crops that farmers can grow. Pandemic fuels broadest global house price boom in two decadeshttps://www.ft.com/content/491a245d-4af7-4cad-b860-6ba51b86b45f?What growing avocados in Sicily tells us about climate change and the future of food, with commodities correspondent, Emiko Terazono. https://www.ft.com/content/977fac14-49e0-4497-a435-6581e5792201Olympics skateboard success sets up fight for sport’s future in Japan, with Asia business editor Leo Lewishttps://www.ft.com/content/d62e6d01-5181-4075-a171-25b542ab818fThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

8/2/2021 • 10 minutes, 42 seconds

FT News Briefing - Winamp (800)

Amazon misses revenue targets in latest quarter

Amazon shares slumped in after-hours trading after the ecommerce giant missed Wall Street’s revenue targets, Robinhood shares stumbled out of the gate on Thursday, and China’s securities regulator has sought to ease concerns among international investors and banks. Plus, the FT’s labor and equality correspondent, Taylor Nicole Rogers, explains how some teenagers gained the upper hand in a hot US summer jobs marketAmazon’s online sales growth slows as lockdowns ease, with San Francisco correspondent, Dave Lee https://www.ft.com/content/fbc5d16e-2917-4048-a9b4-0f3cc0d6da2eBeijing seeks to ease fears on Wall Street after tech crackdown, with markets editor, Katie Martin https://www.ft.com/content/d3d30930-b098-40f0-a628-448c0b532b6dRobinhood shares slide in debut as investors give broker cold shoulderhttps://www.ft.com/content/ff5131d0-1332-4242-96b4-21d59cff9ba6Teens gain the upper hand in hot US summer jobs market, with labour and equality correspondent Taylor Nicole Rogers https://www.ft.com/content/ee8db328-b690-4aa6-8562-e94cedbcdb2fThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/30/2021 • 10 minutes, 56 seconds

FT News Briefing - Winamp (801)

Fed signals taper decision closer, India’s tech IPO boom

The Federal Reserve signalled it was moving closer to the moment when it will withdraw its support for the US economic recovery by tapering the central bank’s asset purchases, and the international lawyer Philippe Sands explains why he wants to create an international definition for the crime of ecocide. Plus, the FT’s Stephanie Findlay explains why Indian tech companies are going through an IPO boom. The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Fed signals taper decision closer as ‘progress’ made on economyhttps://www.ft.com/content/6b5992d3-967e-4a63-b159-a398654d6199The Rachman Review podcasthttps://www.ft.com/rachman-reviewIndia tech IPO boom to provide crucial test of investor appetitehttps://www.ft.com/content/f6b35707-e7c5-4d30-8d11-5b8146183ca5?Tesla co-founder’s battery recycling start-up raises $700mhttps://www.ft.com/content/771498b8-9457-462f-aee0-e32db14eea49? Hosted on Acast. See acast.com/privacy for more information.

7/29/2021 • 9 minutes, 46 seconds

FT News Briefing - Winamp (802)

Investors are spooked by China’s regulatory crackdowns

Apple’s profit nearly doubled in the latest quarter as iPhone sales surged, and a former oil trader at Glencore has pleaded guilty in the US over his part in a scheme to bribe government officials in Nigeria. Plus, the FT’s US investment editor, Michael Mackenzie, explains why China’s crackdown is burning investors. Tech blowout: Apple profit nearly doubles as iPhone sales surgehttps://www.ft.com/content/18cfeb9a-8596-4d23-badd-df9a62d510abFormer Glencore trader pleads guilty to role in Nigeria bribery scheme, with natural resources editor Neil Humehttps://www.ft.com/content/392b610f-43c6-4496-bb16-977e1f31f015?Beijing’s threat to VIEs triggers Wall St panic over Chinese stocks, with US investment editor Michael Mackenzie https://www.ft.com/content/38ba7bb9-9a7e-4817-80cf-324bc9a4527b?US law firms up ante on bonuses in war to win staffhttps://www.ft.com/content/046d42d1-ec0b-4649-af6a-592430b5668c?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/28/2021 • 10 minutes, 59 seconds

FT News Briefing - Winamp (803)

The $30bn insurance broker deal that never came to be

The UK government will consider loosening travel restrictions for travellers from the EU and the US, Intel will change the way it names its most advanced technology and Japanese athletes are raking in the golds at the Tokyo Olympics. Plus, Ian Smith, the FT’s insurance correspondent, explains how pressure from the US Department of Justice caused the $30bn merger between Aon and Willis Towers Watson to collapse. UK to consider relaxing travel restrictions from EU and UShttps://www.ft.com/content/8f7b59c7-89b5-4ca5-a0a4-7f1355fab3e0?Intel to drop names based on transistor size for advanced chip tech with west coast editor Richard Watershttps://www.ft.com/content/1afe75ed-7867-447d-abb8-6eea3598b029Aon’s $30bn acquisition of Willis Towers Watson collapses, with insurance correspondent Ian Smith https://www.ft.com/content/a6471af0-764d-49e7-87a0-dd2a2c110fd9Tokyo Olympics Alternative medals table, with Asia business editor Leo Lewishttps://ig.ft.com/tokyo-olympics-alternative-medal-table/The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/27/2021 • 9 minutes, 42 seconds

FT News Briefing - Winamp (804)

The stock winners and losers half way through the year

The international community is responding to the military’s protest crackdown in a variety of ways, and a look at why Nasdaq is separating its existing marketplace for private company shares into a new unit. Plus, the FT’s markets editor, Katie Martin, talks about the performance of the FT’s annual stock picking contest, thus far. US places sanctions on head of Cuban military over protest crackdownhttps://www.ft.com/content/11d34723-0e79-4718-a9d3-7884ab96e306Nasdaq: private market exchange is the next frontier, with US Lex editor Sujeet Indap https://www.ft.com/content/630ac956-c521-4973-9d14-b707fe16c5a3?FT stockpicking contest: winners and losers at the half way mark, with markets editor Katie Martin https://www.ft.com/content/1625ef6f-83d5-4a0d-8bbf-7a61b06a963b?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/26/2021 • 10 minutes, 29 seconds

FT News Briefing - Winamp (805)

Introducing Tech Tonic: You Can’t Always Get What you Quant

As a News Briefing special we present Tech Tonic episode 3, our FT audio deep dive into how AI is gaining a new edge in markets. If you enjoyed this episode, click here to subscribe to Tech Tonic.From picking the best stocks to listening in on earnings calls, AI-powered systems are changing finance. But how big are the rewards, really? And what are the risks? In this episode Robin Wigglesworth tells us how AI has been used in investing, what happens when programs must adapt to new risks and what the robots could learn from watching children play. Hosted by John Thornhill, innovation editor at the Financial Times, and featuring Luke Ellis (chief executive of Man Group), Ewan Kirk (founder of Cantab Capital Partners and chairman of Deeptech Labs), Andrew Ng (founder of DeepLearning.AI and co-founder of Google Brain), and Alison Gopnik (professor of psychology and affiliate professor of philosophy at the University of California, Berkeley).Alice Fordham is senior producer. Josh Gabert Doyon is assistant producer. Oluwakemi Aladesuyi and Liam Nolan are the development producers. Sound design and mixing by Breen Turner. Cheryl Brumley is the executive producer for this series. Original scoring composed by Metaphor Music. Review clips: Alphabet, Netflix, Amazon, Man Group. Hosted on Acast. See acast.com/privacy for more information.

7/23/2021 • 30 minutes

FT News Briefing - Winamp (806)

US housing prices spark officials’ concern

Washington and Berlin have reached a deal to resolve their longstanding dispute over the Nord Stream 2 pipeline, and Brussels has insisted it will not renegotiate the EU’s Brexit deal with the UK after London inflamed tensions by launching a bold push to overhaul Northern Ireland trade rules. Plus, rising housing expenses are quickly emerging as a pivotal indicator for officials at the Federal Reserve, within the Biden administration and among private economists.EU rejects British plan to rip up Brexit deal with George Parker, political editorhttps://www.ft.com/content/13ad8840-a83c-4871-a877-47b7001d839bUS and Germany reach truce over Nord Stream 2 pipeline with Aime Williams, US trade correspondent  https://www.ft.com/content/49210a4e-17ed-4a2e-a986-4efcadc7f342US housing inflation: the sleeping giant that might tip the Fed’s hand with James Politi, Washington bureau chiefhttps://www.ft.com/content/efdf1845-6138-4af7-8d2b-c20df9fed218The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/22/2021 • 9 minutes, 59 seconds

FT News Briefing - Winamp (807)

Netflix gambles on gaming and podcasting

Netflix gained 1.5m subscribers in the second quarter but lost 430,000 subscribers in the US and Canada, and UBS has launched a portfolio that invests solely in women-led hedge funds. Plus, the FT’s metals and mining correspondent, Henry Sanderson, talks about how the London Metals Exchange and the US-based CME Group are vying to capture rapid growth in demand for commodities tied to the electric car industry with new lithium futures contracts.Netflix bleeds subscribers in US and Canada with no sign of recovery with Tim Bradshaw, global tech correspondenthttps://www.ft.com/content/97ccbdab-6547-4d1b-bb3f-f251931901c2UBS launches portfolio to invest in women-led hedge fundshttps://spark.ft.com/editor/dab5a2b3-c083-411b-b2d1-969d6bcf862bLME launches lithium contract as CME rivalry intensifies with Henry Sanderson, metal and mining correspondenthttps://www.ft.com/content/5ff0aaa5-a501-42a5-85f4-76537cd6c990French app Yuka brings people power to the supermarket aislehttps://spark.ft.com/editor/850d9f5c-b4ab-42d5-a53d-d25b3ae99c77?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/21/2021 • 9 minutes, 42 seconds

FT News Briefing - Winamp (808)

US businesses in Hong Kong between a rock and a hard place

Fears over the coronavirus on Monday contributed to European stocks’ worst session of 2021 Description: The threat of the Delta coronavirus variant hit global equity markets on Monday, and the online brokerage Robinhood is seeking a valuation of up to $35bn in its upcoming initial public offering. Plus, the FT’s South China correspondent Primrose Riordan reports that American companies are upset by the Biden Administration’s business advisory warning about the risks of operating in Hong Kong. Global markets shaken by fears over Delta variant with Mamta Badkar, US breaking news editorhttps://www.ft.com/content/5b2248be-8f0e-4235-ba2e-2187c96f16a6Robinhood seeks valuation of up to $35bn in IPO with Madison Darbyshire, US investment reporter https://www.ft.com/content/ae0c41a2-0f68-4331-984a-3fd9cf8b6fc2Companies in Hong Kong fear being crushed between China and US with Primrose Riordan, south China correspondenthttps://www.ft.com/content/0d56006e-2820-40b6-9643-4180146ea45f?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/20/2021 • 8 minutes, 43 seconds

FT News Briefing - Winamp (809)

The search for a Covid supershot

Opec and its allies have reached a deal to raise oil production in response to soaring prices, and China just launched the world’s largest carbon trading market. Plus, the FT’s global health editor, Sarah Neville, reports on scientists’ pursuit of a “supershot” vaccine to protect against all coronaviruses.Opec+ reaches deal to raise oil productionhttps://www.ft.com/content/b517d13d-dc7b-4610-b468-7ded0b46d8f7China’s carbon market scheme too limited, say analysts, with Beijing correspondent, Christian Shepherd https://www.ft.com/content/3bcc2380-8544-4146-ba71-83944caff48dThe hunt for a coronavirus super shot, with global health editor, Sarah Nevillehttps://www.ft.com/content/7e96fa85-2392-467c-8960-0c9444180030The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

7/19/2021 • 9 minutes, 38 seconds

FT News Briefing - Winamp (810)

Pilita Clark’s picks for summer reading about the environment

US retail banks cut their branch networks and trimmed headcount in the first half of the year, and Brussels' historic attempt to tackle climate change faces a wall of opposition from governments in the bloc. Plus, the FT’s business columnist, PIlita Clark, talks about her favourite summer reads about the environment. US banks close more than 250 branches in bet on digital future with Imani Moise, US banking correspondent https://www.ft.com/content/26764d8b-9c5f-420a-901c-eaed97dda412EU climate change plans on collision course over rising cost of emissionshttps://www.ft.com/content/883a676c-7370-4e42-9b3a-dcf7e898e7bd?Summer books of 2021: Environment, with Pilita Clark, business columnist https://www.ft.com/content/27aa0926-6894-4102-89dc-e006e226cd0dManchester City’s parent company raises $650m in one of football’s biggest ever debt dealshttps://www.ft.com/content/c8cdc3f6-b7b9-45a9-8a87-f6e7bb5af92aThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/16/2021 • 10 minutes, 14 seconds

FT News Briefing - Winamp (811)

Artist Damien Hirst issues his own ‘Currency’

The chair of the Federal Reserve, Jay Powell, sought to ease concerns in Congress about the Federal Reserve’s response to surging inflation, the assassination of Haiti’s president Jovenel Moïse last week has plunged the poorest nation in the Americas deeper into chaos, and British artist Damien Hirst yesterday launched his NFT-based project, entitled “The Currency”, that calls into question notions of worth and value and presents his buyers with a choice.Jay Powell says Fed ready to intervene if US inflation spirals out of controlhttps://www.ft.com/content/37d57052-c2a5-4a44-8b27-9d205a2a1c50Haiti’s ‘descent into hell’ looms closer after death of president with Michael Stott, Latin America Editorhttps://www.ft.com/content/81b683b8-b352-4ea6-9ce1-e0ed280245e1Damien Hirst launches his own NFT ‘Currency’ by Jan Dalley, Arts Editorhttps://www.ft.com/content/9a29c9e1-5990-4fc9-b021-20e4aef5f6fdThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/15/2021 • 8 minutes, 32 seconds

FT News Briefing - Winamp (812)

The index of everything

Visa and Mastercard have left open key gateways between Binance and the financial system despite rising regulatory scrutiny of the cryptocurrency, the pace of US consumer price increases accelerated unexpectedly in June. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains why investors might be interested in an “everything index” and how close we are to getting one. Visa and Mastercard stick with Binance as regulatory scrutiny rises https://www.ft.com/content/8f2e2528-e289-4233-ba29-1bebf3b1dbdcSticker shock: what is driving US inflation higher? With Colby Smith, US economics editorhttps://www.ft.com/content/aadaa577-b286-443f-b173-256dfc4af6a5The quest for the investment Holy Grail — an index of everything with Robin Wigglesworth, global finance correspondenthttps://www.ft.com/content/9a9056e1-b35e-4ea7-b9f7-7668c07469edVanguard makes first acquisition with Just Invest dealhttps://www.ft.com/content/fdcdeb98-d3d8-4f95-aa5a-32fb54daea53The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

7/14/2021 • 9 minutes, 49 seconds

FT News Briefing - Winamp (813)

The European Central Bank focuses on climate change

David Cameron was paid a salary of more than $1m by Greensill Capital, the finance company whose dramatic collapse exposed the former UK prime minister’s extensive lobbying efforts, and US banks will face tough questions about the prospects for their lending operations this week when they report second-quarter earnings, flattered by smaller-than-expected credit losses during the pandemic. Plus, Martin Arnold, the FT’s Frankfurt bureau chief, interviewed Christine Lagarde, European Central Bank president, about the bank’s plans to prioritise climate change in its policy decisions. Greensill Capital paid Cameron salary of more than $1m a yearhttps://www.ft.com/content/536867f4-2dd3-42a1-9b29-54ed92693635?US banks enter earnings season with eyes on loan growth, with Imani Moise, US Banking Correspondenthttps://www.ft.com/content/8738c327-ceab-4d00-8c24-fbc44c81a0c4ECB faces row over how to implement new strategy, Lagarde warns, with Martin Arnold, Frankfurt Bureau Chief  https://www.ft.com/content/11e953df-536b-43aa-9c21-65b8dd79c797Jump in coffee bean prices set to filter through to your morning brewhttps://www.ft.com/content/d4146bb5-896b-4f1f-b5f8-930cb2bfb729The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/13/2021 • 9 minutes, 53 seconds

FT News Briefing - Winamp (814)

EU’s Andreas Schwab responds to White House criticism of EU tech regulation

The rapid spread of the Delta coronavirus variant is causing concern about Europe’s economic recovery, and the number of start-ups valued above $1bn grew rapidly in the second quarter. Plus, the FT’s EU correspondent, Javier Espinoza, interviews the influential European Union lawmaker who is steering the EU’s flagship tech regulation through Parliament and wants to target the top US tech companies. Delta variant surge casts doubt over Europe’s economic reboundhttps://www.ft.com/content/1f9c18cf-706c-4d9c-9764-d3c088bdc1a2EU should focus on top 5 tech companies, says leading MEP, by Javier Espinoza https://www.ft.com/content/49f3d7f2-30d5-4336-87ad-eea0ee0ecc7bBillion dollar ‘unicorns’ hit record numbers as valuations surge, by Miles Kruppa https://www.ft.com/content/ccfc6bbd-56b6-4cef-b89d-4f88ceb7b126Richard Branson touches the edge of spacehttps://www.ft.com/content/bf3130f4-5f62-4f9d-941a-d1db98dc0233? Hosted on Acast. See acast.com/privacy for more information.

7/12/2021 • 9 minutes, 38 seconds

FT News Briefing - Winamp (815)

Martin Wolf's summer reading list

The UK’s advertising watchdog says it will clamp down on misleading marketing for crypto investments, and stock markets dropped on Thursday on rising concerns about prospects for the global economy. Plus, the FT’s chief economics commentator, Martin Wolf, picks his top economics summer reads. UK advertising watchdog to crack down on misleading crypto marketinghttps://www.ft.com/content/19ad9810-402d-4529-89b5-732521829548?Markets enjoy blessed relief now the heavy storms have passed with Katie Martin, Markets Editorhttps://www.ft.com/content/80717968-7714-4ed8-b73b-029f9b1e9590Treasuries rally and stocks drop on rising economic concernshttps://www.ft.com/content/e549f4b1-f2f8-4213-8f04-679f89286c31Summer books of 2021: Economics with Martin Wolf, Chief Economics Commentatorhttps://www.ft.com/content/239f31cb-57a3-43d3-ab3d-d18d068f4994Japan bans spectators at Olympics events in and around Tokyohttps://www.ft.com/content/af205e68-51e3-4165-b211-d22f9c3c86c8The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

7/9/2021 • 11 minutes, 26 seconds

FT News Briefing - Winamp (816)

A wave of private equity buyouts in the UK prompts concern

Former president Donald Trump is suing Facebook, Twitter and Google’s YouTube, as well as their respective chief executives, in lawsuits alleging “unlawful censorship” of Americans, the new Delta variant of coronavirus is driving up infection rates in countries across the globe, and South Africa’s president has been arrested. Plus, the FT’s private capital correspondent, Kaye Wiggins, explains why private equity firms have been targeting UK companies and how the British public is reacting. Trump sues Facebook, YouTube and Twitter over ‘censorship’https://www.ft.com/content/86c98f3b-7d25-42b9-abf6-68b4b0839c66Delta variant drives Spain’s Covid-19 rate to highest in mainland Europehttps://www.ft.com/content/06334a7b-30cc-40bf-942b-e3bcd2efb305LGIM warns against private equity buying Morrisons for ‘wrong reasons’https://www.ft.com/content/9d1a6019-6571-478c-8b1f-f267bb582f0dThe Rachman Review podcast: South Africa’s pivotal momenthttps://www.ft.com/rachman-review Hosted on Acast. See acast.com/privacy for more information.

7/8/2021 • 9 minutes, 56 seconds

FT News Briefing - Winamp (817)

What did Didi’s bankers know before the IPO?

Didi lost a fifth of its market value after Chinese regulators announced an investigation into the ride-hailing app that last week raised more than $4bn in a New York IPO, the Opec impasse highlights growing tensions between Saudi Arabia and the United Arab Emirates, the Pentagon cancels a highly sensitive $10bn cloud contract awarded to Microsoft, and a new report that says Viktor Orban’s government is failing to ensure the transparent use of EU funds and their independent oversight, which will embolden calls to withhold payments to Hungary.Didi caught as China and US battle over datahttps://www.ft.com/content/00403ae5-7565-413e-907d-ad46549375baPentagon cancels $10bn cloud contract awarded to Microsofthttps://www.ft.com/content/7ac0e691-665f-4328-8b29-ee4883068e80Opec impasse sees UAE ‘flexing its muscles’ against Saudi Arabiahttps://www.ft.com/content/baca384d-c477-4a8b-bdcd-b174317af387Orban government not ‘reliable steward’ of EU funds, report sayshttps://www.ft.com/content/4d79583c-f5a1-40be-93dc-cae27e6c713f? Hosted on Acast. See acast.com/privacy for more information.

7/7/2021 • 8 minutes, 55 seconds

FT News Briefing - Winamp (818)

China’s widening tech crackdown

KKR is expanding its operations to target more takeovers in the UK, ransomware hackers hit more than 1,000 companies in what appears to be one of the largest supply chain attacks to date, and oil prices jumped to the highest level in three years on Monday after oil producers abandoned a decision over increasing oil production. Plus, the FT’s deputy Beijing bureau chief looks at why Chinese regulators are going after Chinese tech companies that recently listed in the US. KKR steps up pursuit of UK companies amid buyout frenzyhttps://www.ft.com/content/e5cc18cf-081d-4b68-b469-ca77935a615e?Oil hits three-year high after Opec+ abandons meetinghttps://www.ft.com/content/c9746fbc-7a90-4c9a-9a52-30b44475aa9aRussia-linked hackers target IT supply chain with ransomwarehttps://www.ft.com/content/a8e7c9a2-5819-424f-b087-c6f2e8f0c7a1China targets more tech groups after Didi crackdownhttps://www.ft.com/content/771f6d40-ecd2-4855-8193-d0550f1d2e3dClubhouse discussion on Jeff Bezos’s departure from Amazonhttps://www.clubhouse.com/event/PrDXYYvL Hosted on Acast. See acast.com/privacy for more information.

7/6/2021 • 8 minutes, 55 seconds

FT News Briefing - Winamp (819)

Introducing Tech Tonic: Trust me, I’m a robot

As a News Briefing special we present Tech Tonic, our FT audio deep dive into the promises and perils of artificial intelligence.  If you enjoyed this episode, click here to subscribe to Tech Tonic. Tech Tonic S2 E2: Trust me, I’m a robotWhat does it mean for AI to augment human perception? In this episode the FT’s Madhumita Murgia takes us to a small village in rural India where AI is being used to help doctors better diagnose tuberculosis and looks at a healthcare system where it is helping patients who doctors may have overlooked.Alice Fordham is senior producer. Josh Gabert Doyon is assistant producer. Oluwakemi Aladesuyi and Liam Nolan are the development producers. Sound design and mixing by Sean McGarrity. Cheryl Brumley is the executive producer for this series. You heard the song Down in the Coalmine by The Ian Campbell Folk Group, as well as original scoring composed by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.

7/5/2021 • 24 minutes, 36 seconds

FT News Briefing - Winamp (820)

What the Apple Daily closure means for the free press in Hong Kong

The world’s leading economies have signed up to a plan that looks to force multinational companies to pay a global minimum corporate tax rate of 15 per cent, economists believe that the Federal Reserve will raise interest rates by the end of 20-23, and Robinhood is targeting a valuation of $40bn or more ahead of its public offering. Plus, the FT’s Nicolle Liu explains what the closure of the Apple Daily newspaper means for the media landscape in Hong Kong. World’s leading economies agree global minimum corporate tax ratehttps://www.ft.com/content/d0311794-abcf-4a2a-a8a4-bcabfc4f71faRobinhood targets $40bn valuation ahead of IPOhttps://www.ft.com/content/7421d913-0f77-4458-9032-59ba32c846f1?Economists predict at least two US interest rate rises by end of 2023https://www.ft.com/content/de778e1b-3876-4999-942e-186c2a692a1aApple Daily’s death leaves a shadow over free press in Hong Konghttps://www.ft.com/content/c7aa2919-dce1-4196-8d4a-ad9f57c59c4e Hosted on Acast. See acast.com/privacy for more information.

7/2/2021 • 10 minutes, 59 seconds

FT News Briefing - Winamp (821)

How English Channel ports avoided a Brexit meltdown

Private equity firms have broken a 40-year record with $500bn in deals that helped to propel global mergers and acquisitions activity to an all-time high, and the dominant Chinese ride-hailing company, Didi Chuxing, became the largest Chinese company since Alibaba to list in the US, and nightmarish fears of traffic jams and clogged ports after Brexit never materialised thanks to several factors.  Private equity breaks 40-year record with $500bn dealshttps://www.ft.com/content/cd9571a3-726c-4995-9954-23a8dcf12b19?Didi shares rise on New York trading debut https://www.ft.com/content/dd7ea7fa-96c4-420c-94be-5730a284cc04How Britain’s Channel ports avoided Brexit meltdownhttps://www.ft.com/content/1001c054-0cf9-4f30-a62a-c9ac91e58223Tim Berners-Lee’s web NFT sells for $5.4m https://www.ft.com/content/0e45c25b-f66b-44d1-b662-0e7b095664f9 Hosted on Acast. See acast.com/privacy for more information.

7/1/2021 • 9 minutes, 31 seconds

FT News Briefing - Winamp (822)

Inside the secretive private equity firm behind the £6.8bn Asda buyout

Today the UK will set out a plan for a simpler, more “nimble” post-Brexit system of state subsidies, and the Japanese conglomerate Hitachi is anticipating a wave of infrastructure spending as it bets on the US market to drive its next phase of growth. Plus, the FT’s private capital correspondent, Kaye Wiggins, investigates the low-profile investors behind the £6.8bn buyout of UK supermarket chain Asda.UK unveils post-Brexit state aid scheme to support industryhttps://www.ft.com/content/4206d16f-772f-4257-bdca-ca19ca049402Hitachi targets strong US growth under Biden’s infrastructure planhttps://www.ft.com/content/e9a43c04-7d89-4f71-a77a-060cc12930ccInside the secretive private equity firm behind the £6.8bn Asda buyouthttps://www.ft.com/content/ce7092f9-645a-46bd-8007-611c99fd8907Zaoui brothers join Europe’s emerging Spac movementhttps://www.ft.com/content/ae2a02ae-2af7-4a61-9c40-cf41927c3b3a? Hosted on Acast. See acast.com/privacy for more information.

6/30/2021 • 9 minutes, 47 seconds

FT News Briefing - Winamp (823)

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

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 Facebookhttps://www.ft.com/content/bedb65dd-53c9-4e31-b3d7-c85a40fdb104Reflation trade unwind wrongfoots several big-name hedge fundshttps://www.ft.com/content/4fc62da9-da68-4d1f-a2aa-c8a575d11920?Binance customers frozen out of withdrawals through key UK payments networkhttps://www.ft.com/content/2d427ed7-f9e4-46cf-a4c4-46429b19df5d?FT interview: Armin Laschet on Merkel, the Greens and fiscal ruleshttps://www.ft.com/content/e3c3e517-2c5b-49d6-a566-0f6bd896f8feOlaf Scholz treads fine line on German thrift versus pandemic spendinghttps://www.ft.com/content/1d6d8876-2b21-4550-ba85-443d5c20919b? Hosted on Acast. See acast.com/privacy for more information.

6/29/2021 • 10 minutes, 59 seconds

FT News Briefing - Winamp (824)

The Amazon wage effect

The UK’s financial watchdog has ordered crypto exchange Binance to stop all regulated activities in Britain, and Denmark’s media industry is pioneering a new bargaining tactic to try and make Google and Facebook pay for news. Plus, the FT’s Andrew Edgecliffe-Johnson reports that some US companies blame Amazon’s aggressive hiring practices for the current labor shortage. Financial watchdog bans crypto exchange Binance from UKhttps://www.ft.com/content/8bc0e5e0-2705-496d-a265-acccaffaee87Danish media club together to make US tech giants pay for newshttps://www.ft.com/content/c83d6b7f-ed19-4a90-a719-3bf4aedccdff?Amazon effect’ sets the tone for US workers’ remunerationhttps://www.ft.com/content/9e8b9727-7955-44c4-955a-73375a7a20efUBS to let most staff mix working from home and office permanentlyhttps://www.ft.com/content/1601e314-6d6d-4014-94df-f2858ee64e8e? Hosted on Acast. See acast.com/privacy for more information.

6/28/2021 • 8 minutes, 55 seconds

FT News Briefing - Winamp (825)

Biden strikes infrastructure deal, Bitcoin’s plunge

US President Joe Biden has secured a deal on an infrastructure package worth about $1tn to spend on upgrading roads, bridges and broadband networks over the next eight years, and the US Federal Reserve loosened restrictions on dividends and buybacks by America’s biggest banks as it released an analysis showing the lenders could suffer almost $500bn in losses and still easily meet capital requirements, and the price of bitcoin briefly dropped below $30,000 in volatile trading after a sweeping regulatory crackdown. Biden agrees slimmed-down $1tn infrastructure deal with senatorshttps://www.ft.com/content/b262ed46-152d-42bd-9a6d-b70d679bb282?Fed gives passing grade to biggest US banks in stress tests https://wwwk.ft.com/content/78f53986-fefa-4208-b4ea-674052a9ca3fBitcoin sinks below $30,000 for first time since January:https://www.ft.com/content/a53a6342-f1e3-4cfe-aab0-642434da428cAndreessen Horowitz increases crypto bets with new $2.2bn fundhttps://www.ft.com/content/36413e3e-7915-45c7-b4ce-ccbeac972c94? Hosted on Acast. See acast.com/privacy for more information.

6/25/2021 • 10 minutes, 3 seconds

FT News Briefing - Winamp (826)

Meme ‘stonks’ and the market

Read a transcript of this episode on FT.comhttps://www.ft.com/content/eb36b605-47d9-465a-91f8-d47a4af45faeTech groups in Taiwan are accused of locking up migrant workers as coronavirus hits the sector, and the rapid rise in prices for raw materials has reversed a decades-long decline in the cost of solar energy. Plus, our global finance correspondent, Robin Wigglesworth, explains how financial memefication is evolving from a niche corner to grow deep roots in stock marketsTech groups in Taiwan accused of locking up migrant workershttps://www.ft.com/content/4269650e-7660-4b80-b294-f81b4368784cSolar power investors burnt by rise in raw materials costshttps://www.ft.com/content/2f8dd951-a1b1-410a-89dd-14728c56235dHow meme lords fuelled a boom in the ‘stonk market’https://www.ft.com/content/e3304649-7348-424e-b354-e8da1c819364 Hosted on Acast. See acast.com/privacy for more information.

6/24/2021 • 10 minutes, 29 seconds

FT News Briefing - Winamp (827)

Why Instagram is getting filtered out

House prices have set records in the US and parts of Europe, and the artificial intelligence-based drug-discovery platform Insilico has raised more than $255m from investors. Plus, the deputy head of the FT’s Lex column, Elaine Moore, explains why Instagram is struggling to stay relevant in today's social media landscape. House prices climb to record levels in US and Europehttps://www.ft.com/content/3082fe00-cdb7-4eb9-ab2d-2309b9848114AI drug discovery start-up Insilico raises more than $255m https://www.ft.com/content/704ced9a-dffd-49a1-a58f-46fc6dca0cd2Too many influencers, not enough eyeballs: will boredom kill Instagram? https://www.ft.com/content/9c00219a-229a-4b82-a7c3-63000b558053More than 5m people become millionaires despite pandemic https://www.ft.com/content/86b99144-ba71-441d-b297-ddcdc94ea7f2? Hosted on Acast. See acast.com/privacy for more information.

6/23/2021 • 10 minutes, 8 seconds

FT News Briefing - Winamp (828)

US student athletes’ Supreme Court victory

The head of the US Food and Drug Administration is under fire after approving a controversial Alzheimer’s drug, a Covid outbreak at a Chinese port has further disrupted global shipping, and the Tokyo Olympics will have limited spectators when the games begin next month. Plus, the FT’s US sports business correspondent, Sara Germano, explains the US Supreme Court ruling in favour of student athletes who sued the National Collegiate Athletic Association. US medicines watchdog accused of cozy ties with Big Pharmahttps://www.ft.com/content/4013ea99-0413-40f5-b93c-f3de001ccf12?Covid outbreak at Chinese port exacerbates global supply chain delayshttps://www.ft.com/content/c3c55dca-2ee7-488a-ad68-9286822b881c?Olympic venues to cap number of spectators at 10,000https://www.ft.com/content/eafb2809-2103-4d6e-97d7-da760095718aStudent athletes win US Supreme Court showdown against NCAAhttps://www.ft.com/content/9c00913e-afe8-4dc8-8881-38d93d713d49? Hosted on Acast. See acast.com/privacy for more information.

6/22/2021 • 9 minutes, 49 seconds

FT News Briefing - Winamp (829)

How artificial intelligence is reshaping the world

Reflation trade has been pummelled after the Federal Reserve unexpectedly signalled a shift in its stance on inflation, and, European Central Bank executive Fabio Panetta says the introduction of a digital euro would boost consumers’ privacy. Plus, the FT’s innovation editor, John Thornhill, talks about the new season of the Tech Tonic podcast and its main focus, artificial intelligence. Reflation trades pummelled as Fed shift resets marketshttps://www.ft.com/content/2fa0c907-f597-49b2-a08d-35249d1d5a9fDigital euro will protect consumer privacy, ECB executive pledgeshttps://www.ft.com/content/e59e5d61-043a-4293-8692-f8267e5984c2?Tech Tonic Season 2https://www.ft.com/tech-tonicToday's Clubhouse discussion on artificial intelligence https://www.clubhouse.com/join/FinancialTimes/MLICXXgQ/PAwJ017M Hosted on Acast. See acast.com/privacy for more information.

6/21/2021 • 11 minutes, 7 seconds

FT News Briefing - Winamp (830)

Black Americans’ unease with official embrace of Juneteenth

The premium above super-safe US Treasuries that investors demand to buy risky corporate debt has dropped to its lowest level in more than a decade, and tensions between Hong Kong and Taiwan threaten one of the region’s most important trade and investment relationships. Plus, the FT’s race and equalities correspondent, Taylor Nicole Rogers, explains why some black Americans take a dim view of America’s newfound embrace of the Juneteenth holiday. Bond spreads collapse as investors rush into risky corporate debthttps://wwww.ft.com/content/ed39b06a-a9e1-4e6c-9fa1-f386d06d6410?Hong Kong-Taiwan spat threatens cross-Strait businesshttps://www.ft.com/content/7e3845c2-7fc7-4199-8fc2-8c7cc66111abCompanies’ embrace of Juneteenth holiday rings hollow to somehttps://www.ft.com/content/512973a1-0adf-4f6b-91f5-e2fc33a6bb3eRonaldo’s co*ke moment signals shifting balance of power in sporthttps://www.ft.com/content/e11ec659-d386-47f5-b284-c6951fa45870 Hosted on Acast. See acast.com/privacy for more information.

6/18/2021 • 10 minutes, 48 seconds

FT News Briefing - Winamp (831)

Federal Reserve signals first rate rise in 2023

Federal Reserve officials expect to start raising US interest rates in 2023, Toshiba’s latest corporate crisis is a scandal over efforts to thwart activist shareholders, and the appointment of 32-year-old Big Tech critic, Lina Khan, as chair of the US Federal Trade Commission signals tougher antitrust enforcement. Fed signals first rate rise will come in 2023https://www.ft.com/content/0bf83e29-5ee2-415e-9e03-0edb38218bf3Big Tech critic Lina Khan to lead US competition regulatorhttps://www.ft.com/content/bee1b959-b2aa-4ee1-8391-d5b5832ededdToshiba board’s chair rebuffs calls to quit over governance scandalhttps://www.ft.com/content/e4535a1a-f55b-4713-b6cc-f7dccce64f77Podcaster turned tech investor raises $140m fundhttps://www.ft.com/editor/eac67acc-6b52-4479-90bf-eeae3efe0041? Hosted on Acast. See acast.com/privacy for more information.

6/17/2021 • 9 minutes, 41 seconds

FT News Briefing - Winamp (832)

Web founder Tim Berners-Lee auctions off original source code

The Tokyo Olympic Games will need a public bailout of about $800m if spectators are banned, and the end of the interminable EU and US struggle over aircraft subsidies marks a major truce in what seemed an intractable trade conflict. Plus, the FT’s global technology correspondent, Tim Bradshaw, spoke to world wide web founder Tim Berners-Lee about his decision to auction off the original source code as digital art. Tokyo Olympics will need bailout if games go ahead without spectatorshttps://www.ft.com/3cd58c64-039e-4147-a744-af676de1691d?Airbus/Boeing deal explained: what is in it and what happens nexthttps://www.ft.com/content/1e04dfe1-9651-4b9e-90d9-fdbd82b45253Web inventor Berners-Lee to auction original code as NFThttps://www.ft.com/content/a77ad1bf-fae0-478b-aa05-a07790314ebc? Hosted on Acast. See acast.com/privacy for more information.

6/16/2021 • 10 minutes, 35 seconds

FT News Briefing - Winamp (833)

When Biden meets Putin

The world’s longest undersea electric cable, between the UK and Norway, is set to be switched on this week, the US Federal Reserve could begin discussions this week about shrinking its $120bn monthly asset purchase scheme, and Nato leaders issue a warning about China’s military ambitions. Plus, the FT’s Europe editor, Ben Hall, previews US president Joe Biden’s first meeting with Russian president Vladimir Putin. UK and Norway complete world’s longest subsea electricity cable https://www.ft.com/content/399c1c37-3f7a-4770-af13-66741df01135?Fed to discuss slowing stimulus as recovery strengthenhttps://www.ft.com/content/9d100381-3f86-4540-91c8-4477b4cef127Nato warns China’s military ambitions threaten international orderhttps://www.ft.com/content/f454033a-9975-4efd-92eb-9cf63306af7f?Biden, Putin and the new era of information warfarehttps://www.ft.com/content/51fc3b07-78a5-4461-823c-c9d22baeb063?Morgan Stanley chief urges employees to return to office https://www.ft.com/content/ffd6033f-e8fc-4289-85b2-42bc4ddddd16? Hosted on Acast. See acast.com/privacy for more information.

6/15/2021 • 10 minutes, 18 seconds

FT News Briefing - Winamp (834)

China’s proliferating smart city technology

Israel’s parliament has voted in a new government, ending rightwing stalwart and five-time premier Benjamin Netanyahu’s 12-year grip on power, South Korean shipbuilders and sea freight companies will seek to raise billions of dollars via stock market listings in the second half of 2021 as the industries enjoy a global trade rebound, leaders of the G7 countries back a western rival to China’s Belt and Road Initiative to help developing countries tackle climate change. Plus, the FT’s global China editor, James Kynge, reports on how China’s smart city surveillance technology is being used around the world, and the growing backlash. End of era in Israel as Netanyahu is oustedhttps://www.ft.com/content/f0824e22-2e42-4d80-b0fa-574c6b12b9ddG7 set to agree ‘green belt and road’ plan to counter China’s influencehttps://www.ft.com/content/f33b43e6-0cea-486b-a3cf-628a31c09693Exporting Chinese surveillance: the security risks of ‘smart cities’https://www.ft.com/content/76fdac7c-7076-47a4-bcb0-7e75af0aadabKorean shippers to raise billions of dollars as global trade reboundshttps://www.ft.com/content/eab4b7b5-7590-477f-bd7e-e919501a54b4 Hosted on Acast. See acast.com/privacy for more information.

6/14/2021 • 10 minutes, 5 seconds

FT News Briefing - Winamp (835)

Inflation rises but worries fade, global taxation deal

Leaders of the G7 economies convening in the UK will announce a pledge to provide 1bn coronavirus doses to poorer countries as part of plan to “vaccinate the world” by the end of 2022, US government bonds shrug off leap in inflation, global regulators are calling for cryptocurrencies to carry the toughest bank capital rules of any asset, and iconic British department store group Selfridges has been put up for sale with an estimated £4bn price tag after receiving an approach from a potential buyer.G7 leaders to pledge to donate 1bn Covid 19 doses to poorer countrieshttps://www.ft.com/content/000e6968-8ae4-4f00-9cb5-324b98aa779bUS bond rally eases pressure on emerging market hedge fundshttps://www.ft.com/content/c1058fd7-47cf-4bcc-9d8c-d5bf8887c715Global banking regulator urges toughest capital rules for cryptohttps://www.ft.com/content/3fe7be31-179a-47dd-9a61-8f4ea42b9c62?Selfridges up for sale with £4bn price taghttps://www.ft.com/content/134c756c-e220-44ec-a82c-afc0099bf9b1 Hosted on Acast. See acast.com/privacy for more information.

6/11/2021 • 10 minutes, 7 seconds

FT News Briefing - Winamp (836)

The true cost of zero commission trading

Today’s report on US consumer prices is expected to show that prices further accelerated in May, US president Joe Biden will use this week’s G7 summit to encourage allies to join Washington’s tougher stance towards Beijing, and Olympic sponsors worry if being associated with the games will damage their brand. Plus, the FT’s Eva Szalay interviews a market insider who says popular trading platforms that offer “zero commission” trades are not being entirely honest with customers. Will hot US inflation data unsettle markets?https://www.ft.com/content/7377a5d6-73e8-442e-96e8-ea2535286c08Joe Biden rallies allies to take tougher stance on Chinahttps://www.ft.com/content/203d664a-c834-48d7-805d-c49d44aa2a9aJapanese sponsors think twice about being associated with Tokyo Olympicshttps://www.ft.com/content/2e8b9ce5-95e0-4114-884b-f05de926ccdeRetail trading frenzy reflects ‘broken’ US equity markets, says XTX’s Gerkohttps://www.ft.com/content/d813fe90-29ba-4c98-ac57-c2919a7970b1Sign up for today’s Future of News event here: https://futurenews.live.ft.com/ Hosted on Acast. See acast.com/privacy for more information.

6/10/2021 • 9 minutes, 3 seconds

FT News Briefing - Winamp (837)

The FBI’s hi-tech sting, the day the internet broke

Joe Biden’s plan to overhaul the international tax system will face a difficult passage through the US Congress as Republicans threaten to vote down a prospective deal, and millions of internet users lost access to major sites yesterday due to a configuration error at a Silicon Valley internet infrastructure provider, Fastly. Plus, more than 800 people around the world have been arrested in a coordinated police sting that lured drug dealers, mafia members and other criminals onto an encrypted communications platform secretly run by the FBI. Cloud glitch brings down thousands of websitesft.com/content/0d5b9430-750b-44b7-b238-6e2160c3c591Hundreds arrested worldwide in Trojan Shield organised crime stinghttps://www.ft.com/content/47c271c1-0be3-4a5c-9ca6-b231ed0f7fef?Indian tycoons surpass Chinese tech moguls in global rich listhttps://www.ft.com/content/2026fa04-fc22-4e20-ad0e-3d76a1ddf028? Hosted on Acast. See acast.com/privacy for more information.

6/9/2021 • 9 minutes, 43 seconds

FT News Briefing - Winamp (838)

Abu Dhabi’s creative pivot away from oil

US officials say they have recovered $2.3m worth of ransom payments made to hackers who shut down the Colonial pipeline last month, investors pile into Biogen after the US Food and Drug Administration approves the company’s Alzheimer’s treatment, and Mexico’s president Andrés Manuel López Obrador loses his congressional supermajority. Plus, the FT’s Gulf correspondent, Simeon Kerr, explains why Abu Dhabi is shifting away from oil and investing more into arts, media and culture. US says it has recovered majority of Colonial pipeline ransomhttps://www.ft.com/content/43dab2dc-a7aa-4102-9779-d1b6ced2985bAlzheimer’s drug from Biogen wins US approvalhttps://www.ft.com/content/6f48610b-ec86-4deb-a89c-fc0a0f332bb0Mexico’s president loses congressional supermajority in electionshttps://www.ft.com/content/36e737a9-ae48-4ff8-8e6c-88f54344b372Abu Dhabi plans $6bn culture spend to diversify from oilhttps://www.ft.com/content/c0ae0344-280b-40f0-a67f-7edc24033caf?Jeff Bezos to go to space after stepping down at Amazonhttps://www.ft.com/content/defbe912-ceb9-4017-a215-16d214484597 Hosted on Acast. See acast.com/privacy for more information.

6/8/2021 • 9 minutes, 30 seconds

FT News Briefing - Winamp (839)

The potential disruption of decentralised finance

One of the world’s largest electronics contract manufacturers warns the global chip shortage could last until mid-2022, the G7 advanced economies have struck what they have termed a “historic agreement” on taxing multinationals, and China is taking measures to cool the renminbi rally. Plus, the FT’s venture capital reporter, Miles Kruppa, talks about cryptocurrency startups that aim to disrupt and decentralise finance. Chip shortage to last until at least mid-2022, warns manufacturerhttps://www.ft.com/content/04858089-fbe7-44f1-b096-8e705c664f8e?G7 strikes historic agreement on taxing multinationalshttps://www.ft.com/content/a308bbff-5926-47a1-9202-6263e667511eChina boosts measures to cool renminbi rallyhttps://www.ft.com/content/4ab2d4a7-4a73-4d39-bfba-f97dd91de54bSilicon Valley bets on crypto projects to disrupt financehttps://www.ft.com/content/0f179c8d-aa60-41d4-96d7-5d53e78c3514 Hosted on Acast. See acast.com/privacy for more information.

6/7/2021 • 9 minutes, 42 seconds

FT News Briefing - Winamp (840)

Are we in a new era of inflation?

The Biden administration is banning Americans from investing in dozens of Chinese defence and surveillance technology companies, and US job creation is expected to have accelerated sharply in May which could signal an easing of labour shortages. Plus, the FT’s economics editor, Chris Giles, examines whether this current rise in prices is temporary, or whether inflation is back for an extended stay.Washington to bar US investors from 59 Chinese companieshttps://www.ft.com/content/91e6fb2a-6385-49b3-83aa-8044374805c4Economists see accelerating US job growth in May payrolls datahttps://www.ft.com/content/f38da494-2d09-4d8e-b39f-c531ee48ef3a?FT Series Inflation: a new era?https://www.ft.com/content/b6dfb1dc-eb86-4bad-87b0-d800b79195d3United hopes to revive supersonic era almost 20 years after Concordehttps://www.ft.com/content/903b47e9-86b3-4e68-a5e4-414b142cc7b0 Hosted on Acast. See acast.com/privacy for more information.

6/4/2021 • 9 minutes, 50 seconds

FT News Briefing - Winamp (841)

AMC butters up retail investors, Naomi Osaka shakes up sports media

A wave of high-profile ransomware assaults over the past two months has convulsed the insurance market, US cinema chain AMC is offering popcorn to its retail investor base and its share price surged so fast trading was briefly halted, and the FT’s sports business correspondent Sara Germano talks about covering Naomi Osaka’s pushback on media coverage.  Cyber insurers recoil as ransomware attacks ‘skyrocket’ https://www.ft.com/content/4f91c4e7-973b-4c1a-91c2-7742c3aa9922?Cinema chain AMC surges after luring DIY traders with free popcorn https://www.ft.com/content/2cc442a9-28da-4bcd-88a2-fda1404f0ef6Naomi Osaka shows a shift in sport’s balance of powerhttps://www.ft.com/content/7a380a76-9bd7-4d8e-8cc9-5544c6f51b68Making chocolate can give Ghana a taste of prosperity https://www.ft.com/content/dbd20f9f-b9f7-4bf4-86dd-1a8c84069f01? Hosted on Acast. See acast.com/privacy for more information.

6/3/2021 • 8 minutes, 49 seconds

FT News Briefing - Winamp (842)

Djibouti is trying to become the Singapore of Africa

Former Apollo Global Management chief executive, Leon Black, has been hit with a lawsuit claiming that he raped and harassed a young Russian model, Opec and its allies caused oil markets to jump by sticking with their plan to only gradually release more barrels into the oil market, and Germany’s Green Party is struggling to maintain momentum as a September election approaches. Plus, Djibouti is one of Africa’s fastest growing economies. The FT’s east and central Africa correspondent, Andres Schipani, explains what is happening there.Ex-Apollo CEO Leon Black raped and harassed Russian model, lawsuit allegeshttps://www.ft.com/content/72244917-3208-43ab-b076-513c9fc058eeOil prices rally as Opec+ producers agree slow supply increasehttps://www.ft.com/content/e74a09b0-9ce3-46f0-95b9-5fa7f0792dceGermany’s Greens lose their lustre as election heats uphttps://www.ft.com/content/5c477906-c15c-4de9-bcf7-6cdbe5eb413d?Djibouti’s port dream to become the ‘Singapore of Africa’https://www.ft.com/content/15aefce3-2e6b-4e1a-b480-bfc066f7d8dd Hosted on Acast. See acast.com/privacy for more information.

6/2/2021 • 11 minutes

FT News Briefing - Winamp (843)

How Covid-19 finally caught up with Taiwan

The surge in pet ownership during the pandemic has helped propel the group behind pet insurer Bought By Many to a valuation of more than $2bn, and a director at the company behind the video game Final Fantasy says 5G could disrupt the reign of the console. Plus, the FT’s greater China correspondent, Kathrin Hille, tells us how Taiwan is dealing with the latest wave of Covid-19 and how it’s affecting chipmakers  Lockdown pet boom helps insurer to $2bn valuationhttps://www.ft.com/content/019cce7c-21e7-462c-b8ab-573a35218d7a‘Final Fantasy’ producer says 5G will end games console’s long reignhttps://www.ft.com/content/0fa963d8-1de8-4390-b3db-8e9908510605Taiwan imposes strict social curbs to stem its worst Covid outbreakhttps://www.ft.com/content/85604b0b-e7aa-4e26-a547-b3d27b262e6bCovid-stricken Brazil to host Copa America football tournamenthttps://www.ft.com/content/c3658bcf-695b-4e3e-9625-41b170e8248c Hosted on Acast. See acast.com/privacy for more information.

6/1/2021 • 8 minutes, 38 seconds

FT News Briefing - Winamp (844)

US regulation on cryptocurrencies could be coming

American retailers are rushing to secure inventory ahead of the year end holiday season, US financial authorities are preparing to take a more active role in regulating the $1.5tn cryptocurrency market, and Russia released $500m in credit to Belarus as western countries target Minsk with sanctions. Plus, the FT’s Unhedged columnist Robert Armstrong explains why he thinks bitcoin might be better thought of as an equity call option than a currency. US retailers rush to secure holiday season stockhttps://www.ft.com/content/3a7c02ba-89b0-45d1-8f02-d5eb3c002848Russia releases $500m loan to Belarus as west imposes sanctionshttps://www.ft.com/content/5953320d-c342-457a-af40-50424d159ffdUS regulators signal bigger role in cryptocurrencies markethttps://www.ft.com/content/a2c13ce0-6e66-4751-aa65-6c668d303101?Bitcoin as a call optionhttps://www.ft.com/content/ed884387-73a3-4e5a-b1db-8f122cd54887Nestlé document says majority of its food portfolio is unhealthy https://www.ft.com/content/4c98d410-38b1-4be8-95b2-d029e054f492? Hosted on Acast. See acast.com/privacy for more information.

5/31/2021 • 11 minutes, 4 seconds

FT News Briefing - Winamp (845)

European stocks are getting their moment in the sun

 The market for special purpose acquisition companies has become an unexpected casualty of the Archegos Capital Management scandal, and the activist investors who won a stunning proxy battle against ExxonMobil this week said the supermajor would need to cut oil production. Plus, the FT’s markets editor, Katie Market, explains why European stocks are rallying while US equities lose some steam.  Archegos fallout hits market for blank cheque companieshttps://www.ft.com/content/ee15fbca-8ef7-4b6f-bb87-30378805dd29Hedge fund that beat ExxonMobil says it will have to cut oil outputhttps://www.ft.com/content/52645b30-c378-49e3-8609-4f537284889aInvestors bet eurozone stock rally will gather steam as economy reboundshttps://www.ft.com/content/159bbd29-7bb7-448f-9603-c42a57c90ea3? Hosted on Acast. See acast.com/privacy for more information.

5/28/2021 • 10 minutes, 48 seconds

FT News Briefing - Winamp (846)

Big oil companies face backlash on both sides of the Atlantic

Tesla is set to pay for chips in advance to overcome the global chip shortage, and Amazon locks in its $8.45bn acquisition of MGM. Plus, the FT’s US energy editor, Derek Brower, explains what a court case against Royal Dutch Shell and a historic proxy vote at ExxonMobil means for the oil industry and the environment.  Climate activists hail breakthrough victories over Exxon and Shell https://www.ft.com/content/fa9946b9-371b-46ff-b127-05849a1de2da?Amazon-MGM: Will MGM be Amazon’s ticket to the big leagues?https://www.ft.com/content/97d2edb8-355c-4af0-9f00-8b0a65d818f1Tesla set to pay for chips in advance in bid to overcome shortagehttps://www.ft.com/content/49459668-7eab-4589-8338-059e06b9fd8a?Iran bans bitcoin mining as power cuts grip country https://www.ft.com/content/be0c8a04-9a58-4926-83f3-b99141c4f721? Hosted on Acast. See acast.com/privacy for more information.

5/27/2021 • 9 minutes, 42 seconds

FT News Briefing - Winamp (847)

Can oil dependent countries adjust as the world shifts from fossil fuels?

England’s National Health Service is preparing to scrape the medical histories of 55m patients into a database it will share with third parties, and dozens of American companies that suspended political contributions after the US Capitol attack are sitting on $28m in unspent cash. Plus, the FT’s senior energy correspondent, Anjli Raval, explains how fossil fuel-dependent economies are vulnerable as the world shifts away from oil and gas in order to hit 2050 emissions targets. England’s NHS plans to share patient records with third partieshttps://www.ft.com/content/9fee812f-6975-49ce-915c-aeb25d3dd748?US companies amass political funding cash pile after Capitol riothttps://www.ft.com/content/7151951f-5f1c-49fc-95f0-190ed00a4631Climate change: oil producers face costly transitionshttps://www.ft.com/editor/27b4b7f1-9b08-4406-8119-03a73fb6ce19?Cost of breakfast up by a third since start of pandemic https://www.ft.com/content/007bd0a0-f149-427d-937c-ec5b0ef4374d Hosted on Acast. See acast.com/privacy for more information.

5/26/2021 • 8 minutes, 49 seconds

FT News Briefing - Winamp (848)

Can economic reform create a more level playing field for Black Americans?

Deutsche Bank is relocating 100 bankers from London to offices in the EU and Asia as Germany’s largest lender accelerates a corporate restructuring following Brexit, and France’s President, Emmanuel Macron, is caught between financial prudence and political reality as the French economy recovers with a presidential election looming on the horizon. And the US economy is recovering but unemployment among Black Americans is still much higher compared to other communities.  Deutsche accelerates overhaul of corporate bank after Brexithttps://www.ft.com/content/891b2482-e15e-4c2f-8e51-9a4271599dc0Macron weighs economics versus politics in French reopeninghttps://www.ft.com/content/5fea422b-15a0-48a3-8a52-0113ece7db17Economic reform crucial to improving the lives of black Americanshttps://www.ft.com/content/377a163d-fdbf-4f11-bb4a-e26465f8c2aaEuropean groups pump money into Swedish ‘green steel’ start-up https://www.ft.com/content/ee91775f-0310-4e1b-b162-ffdf6e066757? Hosted on Acast. See acast.com/privacy for more information.

5/25/2021 • 9 minutes, 27 seconds

FT News Briefing - Winamp (849)

Epic vs Apple legal battle wraps up

Today is the final day of the courtroom battle between Apple and Fortnite developer Epic games, which has accused Apple of abusing its position by forcing developers to distribute apps exclusively through the App Store. ExxonMobil faces a pivotal moment this week as shareholders have their say on what critics call an inadequate response to seismic shifts brought on by climate change. The chief executive of AstraZeneca, Pascal Soriot, insists that his company’s Covid-19 has a future, and for the first time, the European bloc is allowed to arm governments in conflict zones, with money from a new €5bn fund known as the European Peace Facility. Tim Cook grilled over App Store fees as Epic battle reaches climax https://www.ft.com/content/86f8fa47-9a38-496a-9a34-e2fa58e9db2bExxonMobile climate battle reaches boardroom this week https://www.ft.com/content/1ce31524-3c21-4978-b6b8-2e6a13f50288?AstraZeneca chief says ‘vaccine has a future’ after setbackshttps://www.ft.com/content/02c543e0-45a6-4189-94cf-30a5c3d5499d“We need arms:’ Europe’s risky move to project its influence in conflict zoneshttps://www.ft.com/content/dd29eb4d-1fc0-4123-ada1-290c4c63d966? Hosted on Acast. See acast.com/privacy for more information.

5/24/2021 • 8 minutes, 9 seconds

FT News Briefing - Winamp (850)

Quantitative easing and rising stock prices

Israel and Hamas have agreed to a ceasefire that would end an 11-day conflict that has claimed the lives of at least 230 Palestinians and 12 Israelis. And WeWork’s losses almost quadrupled to $2.1bn in the first quarter of this year as the co-working company haemorrhaged more than a quarter of its members and shelled out hundreds of millions of dollars to restructure its property portfolio, and the FT’s Rob Armstrong talks about quantitative easing and stock prices. Israel and Hamas agree a ceasefire after 11 days of fightinghttps://www.ft.com/content/8aa0bee9-85e7-4cdf-82d5-e23475312f1cWeWork loses $2.1bn and a quarter of its members as lockdowns bitehttps://www.ft.com/content/60ea2f72-586f-4f3e-b153-3455b93539b8Rob Armstrong Unhedged: QE and stock prices https://www.ft.com/content/2db4a985-e053-4322-91b3-6c9793fd1c6c Hosted on Acast. See acast.com/privacy for more information.

5/21/2021 • 9 minutes, 41 seconds

FT News Briefing - Winamp (851)

Fears of regulation lead to cryptocurrency chaos

US companies have urged South Korea’s president to free Samsung’s jailed chairman and argue the billionaire executive could boost American efforts to shake off the country’s dependence on computer chips produced overseas. Swedish oat milk producer Oatly raised $1.4bn in its initial public offering on Wednesday,Plus, the FT’s Trading Room editor, Philip Stafford, explains how a warning from Chinese regulators led to a chaotic day for cryptocurrency traders.US companies lobby South Korea to free jailed Samsung bosshttps://www.ft.com/content/26d77bfe-b55a-4edb-bc57-7370b6c6a670?Entrepreneur behind Oatly’s rapid expansion faces US market testhttps://www.ft.com/content/e37d6985-5c48-46f4-8b02-a67c1a6dfd01Bitcoin gyrates on fears of regulatory crackdownhttps://www.ft.com/content/c4c29bb3-c8ee-454c-a2dd-eac9f644007fJapanese pensioners with US stimulus cheques descend on Tokyo banks https://www.ft.com/content/102e0104-ca6f-4d59-be1b-90860426d5a5? Hosted on Acast. See acast.com/privacy for more information.

5/20/2021 • 8 minutes, 52 seconds

FT News Briefing - Winamp (852)

JPMorgan’s executive shuffle puts two women in line to replace Jamie Dimon

JPMorgan Chase has shuffled several top executives, and has elevated two women who could be successors to chief executive Jaime Dimon, and the eurozone economy looks like it is recovering from the coronavirus pandemic. Plus, the FT’s Greater China correspondent, Kathrin Hille, explains why the world’s largest contract electronics maker, Foxconn, plans to be more integral to the auto industry.JPMorgan elevates potential successors to Jamie Dimonhttps://www.ft.com/content/9e31d7a7-4911-493b-919d-31e04d756438Eurozone shows signs of bouncing back from double-dip recessionhttps://www.ft.com/content/c5de006b-6bdf-493d-a9bc-2f6a1871ba66?Foxconn the carmaker? Disruption in the era of electric vehicleshttps://www.ft.com/content/b229250d-5d9e-4bb1-bb91-e57888233a98 Hosted on Acast. See acast.com/privacy for more information.

5/19/2021 • 9 minutes, 35 seconds

FT News Briefing - Winamp (853)

Biden tells Netanyahu he supports a ceasefire in the Israel-Gaza conflict

US President Joe Biden yesterday expressed support for a Israel-Gaza ceasefire in a call with Israel’s Prime Minister Netanyahu, and today EU foreign ministers will meet to discuss the conflict, and a biotech company developing medicines that mimic the painkilling effects of cannabis is set to list in London this week. Plus, the FT’s South China correspondent, Primrose Riordan, explains why activists are calling BlackRock “inconsistent” in its ESG commitments. Biden backs ceasefire in Israel-Palestinian conflicthttps://www.ft.com/content/d388d8b4-94ce-49d1-b8ab-df171286fdadEuropeans hamstrung by rifts on Gaza conflicthttps://www.ft.com/content/6c42bcb1-7013-4b74-8526-35ef7fae6f5d?Start-up focused on painkilling effects of cannabis to list in Londonhttps://www.ft.com/content/2952b9c9-f14a-4300-b1ac-d6c6bf5f8c8f?BlackRock accused of ESG inconsistency over Indonesia palm oilhttps://www.ft.com/content/479b9dd2-c738-4310-8b1e-afdfbd3921b0 Hosted on Acast. See acast.com/privacy for more information.

5/18/2021 • 9 minutes, 14 seconds

FT News Briefing - Winamp (854)

The growing market for emotional recognition technology

AT&T is nearing a deal to combine its content unit WarnerMedia with rival Discovery to create a media giant to compete in streaming, the insurance group Axa said one of its Asian business units was the victim of a “targeted ransomware attack”, and the EU plans to throw its weight behind a push to expand vaccine manufacturing in Africa. Plus, the FT’s European technology correspondent, Madhumita Murgia, explains why companies see potential in emotional recognition technology. AT&T nears deal to create $150bn streaming giant with Discoveryhttps://www.ft.com/content/5aeba5f9-2e00-4cba-b9c7-e0431aad798bAxa’s Asian operations hit in ransomware attackhttps://www.ft.com/content/4443da60-6d90-4d27-b300-b0896425f99f?EU to back expansion of vaccine production capacity in Africahttps://www.ft.com/content/d2a47c7e-0b00-4e31-92ab-cd3ff0b9070bEmotion recognition: can AI detect human feelings from a face?https://www.ft.com/content/c0b03d1d-f72f-48a8-b342-b4a926109452? Hosted on Acast. See acast.com/privacy for more information.

5/17/2021 • 9 minutes, 23 seconds

FT News Briefing - Winamp (855)

Why Elon Musk is focusing on bitcoin’s fossil fuel issues

Airbnb’s first-quarter revenues showed a strong recovery in travel in the US as pandemic restrictions eased, and Netflix tries to adjust as it moves from streaming industry disruptor to defensive incumbent. Plus, Elon Musk rocked the cryptocurrency market when he announced Tesla will no longer accept bitcoin as payment. The FT’s markets editor, Katie Martin, explains why the electric carmarker’s CEO made the reversal. Airbnb says customers paying higher prices as travel demand riseshttps://www.ft.com/content/f7512415-46b2-4378-8356-2d1e2a8a760e?Netflix outpaced by the old media companies it sought to dethronehttps://www.ft.com/content/48c06611-1c17-4941-96cc-b085dfe05cdfElon Musk wakes up to bitcoin’s fossil fuel issues https://www.ft.com/content/b917ec4f-8b57-45dc-82ba-960d82ad7974 Hosted on Acast. See acast.com/privacy for more information.

5/14/2021 • 8 minutes, 55 seconds

FT News Briefing - Winamp (856)

Consumer price data stokes inflation fears, US labour shortage

US stocks suffered their worst losses in months and government bonds also fell after government data showed the US inflation rate jumped to a 13-year high, and the Colonial pipeline has resumed operations following last week’s ransomware attack. Plus, the FT’s Taylor Nicole Rogers discusses a labour shortage in the US that is making it hard for employers to find enough workers as the economy opens up. Wall Street ends lower as inflation debate intensifieshttps://www.ft.com/content/fd3abbb8-955a-46b3-bc45-9a4fb7b95265Colonial pipeline resumes operations following ransomware attackhttps://www.ft.com/content/b6ac99ea-d7c6-49dd-b7d7-1284ce2e85c0?US employers struggle to find willing workers after pandemic yearft.com/content/52ecab21-c90d-4ee7-be7f-612da5355c77 Hosted on Acast. See acast.com/privacy for more information.

5/13/2021 • 8 minutes, 31 seconds

FT News Briefing - Winamp (857)

US companies announce record share buybacks, Covid hits India’s middle class

Companies are dusting off share buyback plans after a blockbuster earnings season, and shareholders are rebelling against executive pay proposals. Plus, the FT’s New Delhi reporter, Jyotsna Singh, explains how India’s second surge is devastating the country’s middle class. Companies prepare share buyback bonanza as outlook clearshttps://www.ft.com/content/d7adb226-e9a6-4cd8-9049-35d55c211ca4US investors revolt against executive pay in record numbershttps://www.ft.com/content/50e73d21-3de5-4196-b124-7281ec7af828Covid batters India’s aspiring middle classeshttps://www.ft.com/content/28e9c827-1131-4412-bafa-5e88eb211fc4? Hosted on Acast. See acast.com/privacy for more information.

5/12/2021 • 8 minutes, 46 seconds

FT News Briefing - Winamp (858)

Colonial pipeline hackers didn’t mean to create problems, UK services’ Brexit struggles

The hacker group blamed for the ransomware attack on the Colonial pipeline insisted it only wanted to make money and did not want to cause problems for society, tech stocks tumbled on Monday as investors braced for further signs of inflation, and Vice Media is joining the streaming gold rush. Plus, the FT’s management editor, Andrew Hill, explains why businesses in the UK’s services sector trying to operate in Europe are encountering post-Brexit challenges. This episode features the song “Black Fur” by Elder Island. The song is licensed to Metropolis Recordings.  We regret ‘creating problems’, say hackers behind the cyber attack on a key fuel pipeline https://www.ft.com/content/0afb53f0-f382-442a-9a32-02824ce8bb70US tech stocks drop ahead of inflation datahttps://www.ft.com/content/9707595b-d708-4be3-917d-9ae1de04c707?Vice Media joins streaming gold rush in new bid for profitabilityhttps://www.ft.com/content/942bf107-3824-4611-b0f7-b4816d4ee2a5UK’s services sector starts to count the real cost of Brexithttps://www.ft.com/content/d0c10195-0e2e-4913-af74-3b7057163e3f? Hosted on Acast. See acast.com/privacy for more information.

5/11/2021 • 9 minutes, 7 seconds

FT News Briefing - Winamp (859)

US issues emergency powers to keep fuel flowing, CEO diversity promises

The US government enacted emergency powers on Sunday in a bid to keep fuel supplies flowing after a cyberattack shut down a key pipeline, and European and US banks are split on whether to bring staff back to the office. Plus, the FT’s race and equalities correspondent, Taylor Nicole Rogers, looks at how much US corporations have lived up to diversity promises they made after the police murder of George Floyd. US and Europe split on bringing bankers back to the officehttps://www.ft.com/547a4dc2-e11b-4e8f-b526-cbf135ba7b4d?Are CEOs living up to the pledges they made after George Floyd’s murder?https://www.ft.com/content/67e79b20-bc41-4cb0-992f-a28e3eaa5695 Hosted on Acast. See acast.com/privacy for more information.

5/10/2021 • 10 minutes, 23 seconds

FT News Briefing - Winamp (860)

Merkel opposes US move to waive vaccine IP, the drive behind the commodity supercycle

Angela Merkel has expressed opposition to the Biden administration’s proposal to suspend intellectual property rights for Covid-19 vaccines, and Norway’s Telenor has written off its entire $782m investment in Myanmar but will remain in the country. Plus, the FT’s markets editor, Katie Martin, explains what is behind the commodities super cycle and what it could mean for inflation. Angela Merkel rejects US move to waive patents on vaccines https://www.ft.com/content/76a05a85-b83c-4e36-b04d-7f44f63e57b0Telenor writes off $782m Myanmar business following couphttps://www.ft.com/content/ba1f8db9-e2d1-4e45-80be-1f6f6fe1344bBroad commodities price boom amplifies ‘supercycle’ talk https://www.ft.com/content/1332da37-bf45-409f-9500-2fdac344d1ddWhy we should all give up meathttps://www.ft.com/content/1293516c-c17a-4a29-b969-55b6e6849b16 Hosted on Acast. See acast.com/privacy for more information.

5/7/2021 • 10 minutes, 24 seconds

FT News Briefing - Winamp (861)

US to support temporary suspension of Covid-19 vaccine patents, India’s coronavirus crisis is affecting global shipping

Stocks of major vaccine makers were rattled on Wednesday after the US decided to support a plan to temporarily suspend the intellectual property rights for Covid-19 jabs, and India’s coronavirus crisis is hitting the international shipping industry. Plus, the FT’s leisure industries correspondent, Alice Hanco*ck, talks about the European tourism industry’s hopes of emerging from the pandemic with a different kind of tourism. US backs plan to suspend Covid vaccine patents during pandemichttps://www.ft.com/content/eca86f43-7127-4213-948d-3cc8d652805eIndia’s Covid surge rocks global shipping industryhttps://www.ft.com/content/cf40d764-6ab6-4638-bea6-594cc3cd5d53?Archegos prepares for insolvency as banks seek compensation for $10bn losseshttps://www.ft.com/content/8062ef53-790f-4470-99d5-265335a72334Pandemic offers Europe’s tourism industry the chance of an upgradehttps://www.ft.com/content/5f3328f4-b12e-4e5b-8dd2-bacfb73d40a6? Hosted on Acast. See acast.com/privacy for more information.

5/6/2021 • 8 minutes, 20 seconds

FT News Briefing - Winamp (862)

Yellen says US interest rates may have to rise, European central banks lag in gender equality

Treasury secretary Janet Yellen said on Tuesday that US interest rates may need to rise so that the economy does not overheat, and US states and companies are offering all kinds of incentives to entice people to get vaccinated against coronavirus. Plus, there are very few women in top roles in European central banking and economics. Two of them spoke to the FT about their experiences and “hidden barriers” to gender equality in their field.Yellen says rates may have to rise to prevent ‘overheating’https://www.ft.com/content/049f4a79-abff-4a6c-a7c1-13409e8f63aeWomen central bankers want action on ‘hidden barriers’ to equalityhttps://www.ft.com/content/0d1d2d4d-8bb8-42ce-b263-9863a1f377edBeers and cash among incentives used to entice the ‘vaccine hesitant”https://www.ft.com/content/138f58a1-b472-452a-9daa-db0f5c885079 Hosted on Acast. See acast.com/privacy for more information.

5/5/2021 • 10 minutes, 53 seconds

FT News Briefing - Winamp (863)

US banks move to reduce deposits, the Spac bubble deflates

A wave of cash flooding bank balance sheets has prompted some US lenders to advise corporate clients to move money out of deposits, and Apollo has bought Verizon’s media assets including Yahoo for $5bn. Plus, the FT’s mergers & acquisitions reporter, Ortenca Aliaj, explains why the Spac boom has deflated. Apollo buys Verizon media assets including Yahoo for $5bnhttps://www.ft.com/content/ef0992ec-1d4f-4030-95a9-d950e47338e1Cash-rich US banks move to reduce corporate depositshttps://www.ft.com/content/a5e165f7-a524-4b5b-9939-de689b6a1687A reckoning for Spacs: will regulators deflate the boom?https://www.ft.com/content/99de2333-e53a-4084-8780-2ba9766c70b7? Hosted on Acast. See acast.com/privacy for more information.

5/4/2021 • 10 minutes, 35 seconds

FT News Briefing - Winamp (864)

Epic Games vs Apple, Serbs worry about pollution from Chinese investment

The trial between Epic Games and Apple is set to kick off today, and the controversial Dakota Access Pipeline is back in federal court. Plus, the FT’s southeast Europe correspondent, Valerie Hopkins, explains the love-hate relationships that Serbians have with Chinese investment in their country. ‘Fortnite’ maker goes to war over ‘Apple tax’https://www.ft.com/content/293780f7-d2f8-4f3f-aa52-752c74e2d34dWhy some tribes want to keep a controversial US pipeline openhttps://www.ft.com/content/7950dc72-2cf9-4960-9d28-7109ab7d4b85Serbs fret over environmental costs of Chinese investmenthttps://www.ft.com/content/b6b7bce4-f970-4eb6-ab26-0fadc552d148 Hosted on Acast. See acast.com/privacy for more information.

5/3/2021 • 10 minutes

FT News Briefing - Winamp (865)

Amazon caps big week of tech earnings, Bafin’s Binance probe

Amazon reported its second straight quarter of $100bn-plus sales, comfortably beating Wall Street’s targets, and the FT’s Elaine Moore looks at Apple’s results, which were boosted by iPhone sales. Also, the US government this summer will start sending monthly child allowances in an experimental effort to reduce child poverty. Plus, the FT’s markets editor explains how the big cryptocurrency exchange, Binance, landed itself in trouble with German regulators. Amazon reaps rewards of pandemic shift onlinehttps://www.ft.com/content/a2b05040-3164-46f3-8bd5-399e6214ea74Apple: supercharged iPhone sales signpost $3tn valuationhttps://www.ft.com/content/eee8bca7-e7fb-4506-a0e2-579fa707de81US embarks on first national child allowance experimenthttps://www.ft.com/content/cc2a0d8c-123e-4d36-b01a-55cd8a23a166Regulators to examine crypto exchange Binance’s foray into equitieshttps://www.ft.com/content/cfbd084f-a118-4090-8301-2e45eceac304 Hosted on Acast. See acast.com/privacy for more information.

4/30/2021 • 11 minutes, 7 seconds

FT News Briefing - Winamp (866)

Fed says no change to monetary policy, Credit Suisse’s new chair aims for turnround

The Federal Reserve upgraded its view of the US economic recovery, but kept interest rates close to zero, Brussels has insisted it is putting in place tough new processes to ensure the EU’s unprecedented recovery fund is not frittered away and global health expert Abraar Karan talks about the current surge in coronavirus cases in India. Plus, the FT’s banking editor, Stephen Morris, explains how Credit Suisse got itself into so much trouble and whether it can dig itself out.  Fed paints rosier picture of US economic recoveryhttps://www.ft.com/content/296ae4e6-5e4e-44fc-8636-67e2ad38eee4Brussels vows to apply tough rules to recovery spendinghttps://www.ft.com/content/1b345e2a-e442-42df-b9ae-4e0bfe68dcbe?Credit Suisse: plotting a comeback after ‘costly mistakes’ took it to the brinkhttps://www.ft.com/content/2cac83f5-9631-45ae-8080-586a6bc90d55 Hosted on Acast. See acast.com/privacy for more information.

4/29/2021 • 9 minutes, 40 seconds

FT News Briefing - Winamp (867)

Google’s big Q1, how to craft a New Deal for the young

Google reported record first quarter earnings, and stock market listings around the world are running at their fastest pace this year.  Plus, FT columnist Sarah O’Connor explains why millennials and Gen Z have been hit so hard by the pandemic, and what can be done to help them. Google ad boom sends profits to new recordhttps://www.ft.com/content/c686458c-e544-4c50-990d-954b91d955edGlobal IPOs run at fastest pace since 1995https://www.ft.com/content/857c1286-d35e-404a-ae7c-8d04b7508810‘We are drowning in insecurity’: young people and life after the pandemichttps://www.ft.com/content/77d586cc-4f3f-4701-a104-d09136c93d44All over the world, the economic cost of the pandemic has been borne disproportionately by the young. This week the FT is hosting a series of live panel debates in which FT writers make the case for specific policies that would make the economy work better for young people – covering housing, pensions, jobs, education and the environment. Join us and share your own policy ideas, comments and questions to be part of the conversationRegister free today at newdeal.live.ft.com. Hosted on Acast. See acast.com/privacy for more information.

4/28/2021 • 11 minutes, 29 seconds

FT News Briefing - Winamp (868)

US donates AstraZeneca vaccine doses, the rise of OnlyFans

The US will share up to 60m doses of AstraZeneca’s Covid-19 vaccine with other countries, and Total has declared force majeure on its multibillion-dollar LNG development in Mozambique. Plus, the FT’s consumer industries reporter, Patricia Nilsson, talks about the celebrity and sex worker subscription site, OnlyFans, which has exploded in popularity over the past year. This episode features the song “Savage” by Meghan Thee Stallion, featuring Beyoncé. The song is licensed to 300 Entertainment. US plans to share 60m doses of AstraZeneca’s Covid vaccine https://www.ft.com/content/db461dd7-b132-4f08-a94e-b23a6764bdb3Total declares force majeure on $20bn LNG project in Mozambiquehttps://www.ft.com/content/841a63a7-e89a-45c8-b6b3-22b50e59b14cOnlyFans feels the lockdown love as transactions hit £1.7bnhttps://www.ft.com/content/6d4562f8-166f-4a89-a3cb-db97123a6cf0Asahi shifts to no-alcohol beer after $20bn M&A splurge https://www.ft.com/content/abe2c9cb-c573-41bd-8ac1-42cf653fb3e5? Hosted on Acast. See acast.com/privacy for more information.

4/27/2021 • 10 minutes

FT News Briefing - Winamp (869)

US offshore wind energy, the rise of Germany’s Green Party

Chinese companies have raised a record $11bn on the New York Stock Exchange and Nasdaq this year, vaccine makers have warned about the risks of giving up patent rights to their Covid-19 vaccines, the White House is expected to greenlight a wind power project off the Massachusetts coast. And Germany’s Green Party has a leader who symbolizes the image of a party that is riding a wave of popularity and could be swept into government this September.  China stock sales in US surge to record despite delisting threat Vaccine makers say IP waiver could hand technology to China and Russia US offshore wind projects test strength of Joe Biden’s green jobs promise Germany’s ‘muesli eaters’ show new hunger for power Hosted on Acast. See acast.com/privacy for more information.

4/26/2021 • 10 minutes, 38 seconds

FT News Briefing - Winamp (870)

The data invisibility of Asian Americans

Joe Biden plans to announce a set of tax increases on the wealthiest Americans, and there has been a rally in the price of lumber due to demand from the housing market. Plus, the FT’s data journalist, Christine Zhang, explains how statistics can fail Asian American communities.Biden prepares to announce string of tax rises for richest Americanshttps://www.ft.com/content/a43d966e-b7d9-4ee1-bb77-2a6561dfda12Lumber party: economic bounce fuels US wood price rallyhttps://www.ft.com/content/202dada4-b188-4112-9689-6fec2924efb0The data invisibility of Asian Americanshttps://www.ft.com/content/119b6ffb-bc5e-4632-bc0a-199be9cfb7e7 Hosted on Acast. See acast.com/privacy for more information.

4/23/2021 • 12 minutes, 13 seconds

FT News Briefing - Winamp (871)

US to propose big emissions cut by 2030, Huarong tests Beijing’s backing

US President Joe Biden is set to announce his country’s steepest ever emissions cuts, Russia plans to pull out of the International Space Station by 2025, and Turkey’s opposition is asking where US$128bn in foreign exchange reserves has gone. Plus, the FT’s Shanghai correspondent, Tom Hale, explains why the corruption at Huarong Asset Management is creating headaches for Beijing. US to propose emissions cut of up to 50% by end of decadehttps://www.ft.com/content/32f5e2cd-4689-4434-9da0-d97d46673eaf?Huarong debacle tests Beijing’s resolve to bail out state groupshttps://www.ft.com/content/2aabfd64-6527-442f-b6fb-36c3804dcfc7Russia to pull out of International Space Station in 2025https://www.ft.com/content/a1518565-e643-42ae-a650-02e9c3bdd657Turks chase missing billions in foreign exchange reserveshttps://www.ft.com/content/dee218ba-c102-4a2f-8042-e8c8601991cd? Hosted on Acast. See acast.com/privacy for more information.

4/22/2021 • 8 minutes, 59 seconds

FT News Briefing - Winamp (872)

Football clubs back out of Super League, Derek Chauvin found guilty in murder of George Floyd

A jury in Minneapolis found former police officer Derek Chauvin guilty on three charges in the killing of George Floyd, TikTok is accused of illegally collecting personal data on millions of children in the UK and Europe. Plus, the FT’s sports editor, Murad Ahmed, has the latest in the European football upheaval and the decision by leading English clubs to back out of plans for a new Super League. Leaked Super League plans reveal goal of US-style football financeshttps://www.ft.com/content/e80299a4-8012-447a-8512-c24e149304b1Defund the police: how a protest slogan triggered a policy debatehttps://www.ft.com/content/76a8080c-cca9-48cd-be81-891a75676adfTikTok sued on behalf of millions of European children over data concernshttps://www.ft.com/content/02bb235f-f6f3-42be-a921-bc2c86b86271? Hosted on Acast. See acast.com/privacy for more information.

4/21/2021 • 9 minutes, 25 seconds

FT News Briefing - Winamp (873)

Johnson & Johnson Covid vaccine could weigh on other programmes, Cuba’s future in a post-Castro era

The concerns that led to a halt in Johnson & Johnson’s Covid vaccine rollout could damage confidence in the company’s longer-term vaccines programme, and Apple will allow the social media app Parler to return to its app store. Plus, Miguel Diaz-Canel has been confirmed as the new head of Cuba’s Communist party. The FT’s Latin America editor, Michael Stott, discusses the island’s future in the post-Castro era. Johnson & Johnson’s Covid setback risks damaging its vaccine programmehttps://www.ft.com/content/0d085dde-cc02-4bad-8bbb-e2ad498e1ebf?Apple says Parler can return to App Storehttps://www.ft.com/content/98c83613-18e9-427d-b41c-76176dcedf94?Exit of Cuba’s last Castro brings curtain down on revolutionary erahttps://www.ft.com/content/ac9e2bb1-2830-400e-921d-470f1f6f45e8?UK regulator gives green light to delivery drone trials https://www.ft.com/content/66487d88-a6b3-4e46-9b8a-00e38e93d3af? Hosted on Acast. See acast.com/privacy for more information.

4/20/2021 • 8 minutes, 32 seconds

FT News Briefing - Winamp (874)

A tournament to compete with the Champions League, is Clubhouse worth $4bn?

Consumers around the world have stockpiled an extra $5.4tn of savings since the coronavirus pandemic began, and many of Europe’s wealthiest football clubs have agreed to join a breakaway “Super League” competition. Plus, the FT’s Lex columnist Elaine Moore discusses whether the audio chat app, Clubhouse, has staying power. Global savers’ $5.4tn stockpile offers hope for post-Covid spendinghttps://www.ft.com/content/8cbfe40d-1ce1-4dc6-bcb2-1314b77b9443?Top European football clubs sign up to breakaway Super Leaguehttps://www.ft.com/content/4cbef20a-7599-4580-82aa-2af383bd0f5aReach for the stars: what Clubhouse can learn from TikTokhttps://www.ft.com/content/84b3879b-f3bb-4138-a688-e3ed4179d45bHSBC top brass forced to hot desk as HQ scraps executive floorhttps://www.ft.com/content/4984410c-e6fe-41d6-9d66-67ee54188f38? Hosted on Acast. See acast.com/privacy for more information.

4/19/2021 • 10 minutes, 31 seconds

FT News Briefing - Winamp (875)

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 datahttps://www.ft.com/content/c1ee361d-6ee6-4697-ba8a-865542bb4704Biden imposes tough new sanctions on Moscowhttps://www.ft.com/content/b2bf1be3-a10c-4963-9deb-8a6b319e9363Dubai strikes deal with Cruise to roll out self-driving taxishttps://www.ft.com/content/33f3f86b-2558-4344-98b0-5c3cd529e93fFlying cars finally prepare for take-offhttps://www.ft.com/content/3ca1338d-3c31-4c70-ac09-12a0870212e3? Hosted on Acast. See acast.com/privacy for more information.

4/16/2021 • 9 minutes, 45 seconds

FT News Briefing - Winamp (876)

US bank profits surge, Deutsche Bank recovers, Suez Canal officials seize ship

Three of the largest US banks beat profits expectations on Wednesday on the back of a strengthening US economy, and Egyptian authorities have seized the container ship that blocked the Suez Canal as they seek compensation of more than $900m from the Ever Given’s owners. Plus, the FT’s deputy editor, Patrick Jenkins, discusses Deutsche Bank’s turnaround after years as the “sick bank of Europe.” Boom on Wall Street powers US bank profitshttps://www.ft.com/content/5cc8f198-345f-4a21-997f-acc841c7b39bDeutsche Bank dodges bullets and goes mainstreamhttps://www.ft.com/content/0c478d11-6ed2-4c68-870d-3d0e97f76745?Ever Given seized as Egyptian authorities seek $900m compensationhttps://www.ft.com/content/25b347bc-4c03-464a-b6c3-ed72bacc12e2?Ponzi mastermind Bernard Madoff dies aged 82https://www.ft.com/content/e88fdde2-440a-4a77-8a20-d2116309d84a Hosted on Acast. See acast.com/privacy for more information.

4/15/2021 • 9 minutes, 46 seconds

FT News Briefing - Winamp (877)

Eurozone’s economy proves resilient, Toshiba buyout battle

Coinbase prepares to be the first leading cryptocurrency exchange to list on a US stock market, and the eurozone economy is showing signs of adapting to coronavirus lockdowns. Plus, the FT’s private capital correspondent, Kaye Wiggins, discusses the corporate drama surrounding the private equity bidding for Japan’s Toshiba. Coinbase listing set to capitalise on crypto bull runhttps://www.ft.com/content/06d98c02-f5da-45e8-a0f5-20e3bfd64879Eurozone’s economy shows signs of adapting to lockdownshttps://www.ft.com/content/b756bab9-43a7-49c6-a3de-c98e891a0aea?Resignation of Nobuaki Kurumatani comes as KKR also prepares to mount offer for Japanese conglomeratehttps://www.ft.com/content/65a3b3b0-c68e-4312-a29b-d0b90d8cf011LVMH benefits from demand for luxury goods in US and Chinahttps://www.ft.com/content/9c892b85-9ae2-4ef9-8e42-9a09baf3492b Hosted on Acast. See acast.com/privacy for more information.

4/14/2021 • 8 minutes, 33 seconds

FT News Briefing - Winamp (878)

UK to launch probe into Cameron and Greensill, US states turn to online betting for tax revenue

Boris Johnson has commissioned an independent inquiry into the lobbying scandal involving David Cameron and Greensill Capital, and the $5bn-valued cyber security technology company, Darktrace, has set out plans to float in London. Plus, the FT’s US sports business correspondent, Sara Germano, explains why US states have suddenly embraced online sports gambling. UK government to announce independent probe into Cameron and Greensillhttps://www.ft.com/content/ade87a61-b1e1-433a-a79f-25fc6b9a0aafMike Lynch-backed Darktrace sets out plans to list in Londonhttps://www.ft.com/content/01c49998-05d2-4ed4-b324-febfaef3a110‘The market is going bananas’: Governors back online betting to plug black holes in state budgetshttps://www.ft.com/content/bb04b14c-e215-4ae8-a655-2bf85fcb73c0?Virgin Atlantic boss warns on long-term hit to business travelhttps://www.ft.com/content/b8766e60-1a20-41ee-871d-6b97dbee71e8 Hosted on Acast. See acast.com/privacy for more information.

4/13/2021 • 10 minutes, 12 seconds

FT News Briefing - Winamp (879)

David Cameron breaks Greensill silence, investors brace for corporate tax hikes

Former British prime minister David Cameron has admitted he made mistakes over his government lobbying for Greensill Capital, leading Chinese smartphone maker Xiaomi is expanding its investment in chips, and Microsoft is on the verge of acquiring the voice technology pioneer, Nuance. Plus, the FT’s US equities correspondent, Aziza Kasumov, discusses US equities investors’ concerns about US president Joe Biden’s tax proposals. Cameron admits mistakes as he breaks silence on Greensillhttps://www.ft.com/content/da2a2686-1efa-4fd4-bee4-79cc9d9a89a2Huawei rival Xiaomi steps up chip ambitions amid US pressurehttps://www.ft.com/content/2fadf021-91c5-4553-aecd-33e4439e99ab?Wall Street investors look warily at gathering tax ‘storm’https://www.ft.com/content/02f874f8-f5e3-4deb-908c-c709633821bbMicrosoft nears deal to buy voice tech pioneer Nuance for $16bnhttps://www.ft.com/content/a36dd469-e521-4ce7-9351-ddc8f6b5cb42? Hosted on Acast. See acast.com/privacy for more information.

4/12/2021 • 10 minutes, 28 seconds

FT News Briefing - Winamp (880)

Amazon on course to defeat union effort, Goldman’s Deliveroo move

Amazon looked on course to defeat a historic effort by workers to unionise an Alabama warehouse, and companies and countries around the world are weighing the Biden administration’s global corporate tax plan. Plus, the FT’s markets editor, Katie Martin, explains Goldman Sachs’ purchase of £75m of Deliveroo shares after the UK food delivery group’s disappointing initial public offering last month.  Amazon vote count shows Alabama unionisation effort trailinghttps://www.ft.com/content/df3eeb04-d03e-4048-ab81-248c7a9fce4eGoldman Sachs bought £75m of Deliveroo shares to prop up IPO pricehttps://www.ft.com/content/bf75f260-33d8-42ea-85c3-6482aa1fb2ffA grand bargain: how the radical US corporate tax plan would workhttps://www.ft.com/content/b358ebca-4097-4cd6-bc7f-8e9d8f069250 Hosted on Acast. See acast.com/privacy for more information.

4/9/2021 • 10 minutes, 58 seconds

FT News Briefing - Winamp (881)

US corporate tax offer to the world, ShareChat valued at $2.1bn, Vaccitech IPO

The start-up that owns the biotechnology behind the Oxford/AstraZeneca vaccine has confidentially filed for an initial public offering in the US, Indian social media group ShareChat has raised more than $500m to grow its popular short-video app Moj, and Austrian activist Max Schrems has filed a privacy complaint against Google in France. Plus, the FT’s Washington bureau chief James Politi has details on the US’s offer to the rest of the world to tax multinational companies. US offers new plan in global corporate tax talkshttps://www.ft.com/content/847c5f77-f0af-4787-8c8e-070ac6a7c74fBiotech start-up behind AstraZeneca vaccine files for US listing https://www.ft.com/content/ff260c57-66f9-474b-9643-7640dc918009ShareChat valued at $2bn in wake of TikTok ban https://www.ft.com/content/3a5e44e2-b2c0-4f37-9c4a-f51c6ef46eb6?Max Schrems accuses Google of illegally tracking Android users https://www.ft.com/content/4617cc99-3ed2-49e1-b97f-db4f1b45b5db? Hosted on Acast. See acast.com/privacy for more information.

4/8/2021 • 8 minutes, 45 seconds

FT News Briefing - Winamp (882)

EMA to probe Sputnik vaccine, Renesas Electronics, Brazil crises

The EU drug regulator will launch an investigation next week into whether clinical trials of Russia’s Sputnik V Covid-19 vaccine contravened ethical standards, and Japan’s national champion, Renesas Electronics, is being forced to diversify due to the pressures brought on by the chip industry. Plus, the FT’s Latin America editor, Michael Stott, explains how president Jair Bolsonaro lost his grip of Brazil. EU regulator to probe ethical standards of Sputnik vaccine trialshttps://www.ft.com/content/50031165-1f46-446b-be9a-36d553805fec?Chip industry pressures spur Renesas to diversifyhttps://www.ft.com/content/c583fe71-4556-4ef9-9367-a175a2033767Brazil’s coronavirus nightmare: ‘Bolsonaro is more isolated than ever’https://www.ft.com/content/55713895-2423-4259-a222-f778f9587490Nematodes the latest casualty of post-Brexit trade glitcheshttps://www.ft.com/content/888658ea-9b33-454e-bac5-c9d4a59eb201? Hosted on Acast. See acast.com/privacy for more information.

4/7/2021 • 9 minutes, 52 seconds

FT News Briefing - Winamp (883)

Janet Yellen proposes global corporate minimum tax, the Taiwanese company at the heart of the global economy

US Treasury secretary Janet Yellen is calling on other countries to join the US in setting a corporate global minimum tax, and bond investors who took big risks at the outset of the pandemic are enjoying big returns. Plus, the FT’s greater China correspondent, Kathrin Hille, discusses how a little-known chip company that dominates the global semiconductor industry is navigating political tensions.  Yellen calls for global minimum corporate taxhttps://www.ft.com/content/79023ff2-c629-429c-8a34-16bf68b4ea15Investors scoop up huge returns from companies’ crisis-era bondshttps://www.ft.com/content/2de01274-bf03-4788-ab94-c26189b9baea?TSMC: how a Taiwanese chipmaker became a linchpin of the global economyhttps://www.ft.com/content/05206915-fd73-4a3a-92a5-6760ce965bd9GameStop shares fall after it announces plan to sell $1bn in stockhttps://www.ft.com/content/ddc11198-f162-484c-9131-a7a0b0346178? Hosted on Acast. See acast.com/privacy for more information.

4/6/2021 • 10 minutes, 20 seconds

FT News Briefing - Winamp (884)

Computer chip shortage, corporate America caught between US and China

The boom in Bitcoin mining is having an unintended consequence: it has driven up the cost of computer chips. Plus, the FT’s US-China correspondent, Demetri Sevastopulo, explains how China’s repressive treatment of its Uyghur Muslims is affecting Western brands who do business in the country.  Bitcoin mining boom adds to chip price inflationhttps://www.ft.com/content/d5c121c8-aefc-48d5-a3bf-6e581ccb5762Western brands caught between US and China over human rightshttps://www.ft.com/content/a0be4094-2aba-4275-a3ca-ec5e58cc5032? Hosted on Acast. See acast.com/privacy for more information.

4/5/2021 • 8 minutes, 46 seconds

FT News Briefing - Winamp (885)

Biden’s $2tn infrastructure plan, Deliveroo’s IPO flop, Black Americans in finance

Wall Street touched a record high Wednesday as the White House released details of President Joe Biden’s multi trillion-dollar US stimulus plan, and the food delivery app, Deliveroo, closed down 26 per cent in its first day on the public market. Plus, the FT’s US labour and equalities correspondent, Taylor Nicole Rogers, explains why there are fewer black Americans in financial leadership positions than there were a decade ago. Tech stocks power Wall St to record ahead of Biden stimulus speechhttps://www.ft.com/content/d7a93cb5-f9f1-485a-8b39-1e7a12a97790Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898dShare of Black employees in senior US finance roles falls despite diversity effortshttps://www.ft.com/content/887d064a-bd5e-4ce6-9671-9057e12bd5c7 Hosted on Acast. See acast.com/privacy for more information.

4/1/2021 • 10 minutes, 27 seconds

FT News Briefing - Winamp (886)

IMF head issues warning, Russia’s Arctic trade route, Amlo’s progress

 The head of the IMF has warned that the world should be ready for an emerging market debt crisis as the global economy emerges from the coronavirus pandemic, and Russia is using the Suez Canal incident to promote its own Arctic shipping route. Plus, the FT’s Mexico and Central America correspondent, Jude Webber, explains why Mexico’s citizens are willing to give president Andrés Manuel López Obrador a second chance.  Prepare for emerging markets debt crisis, warns IMF headhttps://www.ft.com/content/487c30f4-7f21-4787-b519-dde52264d141?Russia seizes on Suez blockage to promote merits of Arctic routehttps://www.ft.com/content/47b4cca2-b673-4763-95b4-555bd03a948a‘In love with bad ideas’: López Obrador takes Mexico back to the futurehttps://www.ft.com/content/b2537ad5-d72e-4b72-885b-01ceb543c253Germany and Canada could host NFL games in 2022 seasonhttps://www.ft.com/content/12b7a706-cf5e-4623-997c-be0d04d68f27? Hosted on Acast. See acast.com/privacy for more information.

3/31/2021 • 8 minutes, 8 seconds

FT News Briefing - Winamp (887)

Biden’s Taiwan shift, US companies see inflation, Archegos hits big banks

The Biden administration is sticking with a Trump administration policy that will make it easier for US diplomats to meet with Taiwanese officials, and US companies say they are feeling the bite of inflation. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains why banks might be more careful with hedge fund leverage after the meltdown of Archegos Capital Management. US to make it easier for diplomats to meet Taiwanese officialshttps://www.ft.com/content/05d67774-fdf7-41ae-b17e-a8f2fe8e9f6f?US companies sound inflation alarm https://www.ft.com/content/f0bbed31-bea8-4542-b953-096762d2e59fArchegos poses hard questions for Wall Streethttps://www.ft.com/content/89b560ec-212c-4e82-b52e-c3e1408a9e6b  Volvo Cars revamps parental leave as it aims to increase female manager https://www.ft.com/content/aea0105b-b432-4f5c-8425-9fe78bddb5f8? Hosted on Acast. See acast.com/privacy for more information.

3/30/2021 • 10 minutes, 26 seconds

FT News Briefing - Winamp (888)

Mysterious trades, Suez Canal ripples, Amazon union vote

The private investment firm Archegos Capital was behind billions of dollars worth of share sales that captivated Wall Street on Friday, the head of the Suez Canal Authority has warned that there is no timeline for freeing the 220,000-tonne container ship that has blocked one of the main arteries of global trade, and Amazon workers in Bessemer wrap up a potentially historic unionization vote. Traders brace after fire sale of stocks linked to Archegos https://www.ft.com/content/2542af81-9e93-4d05-a0b9-26c0f6aab6f3Suez Canal head warns stricken cargo ship may need unloading https://www.ft.com/content/d452362c-b38d-4786-a2fb-14254df49decThe ultimate David and Goliath story: the fight to open a union at Amazon https://www.ft.com/content/a7ee3ec0-f59d-4188-899f-34ceecf7f026? Hosted on Acast. See acast.com/privacy for more information.

3/29/2021 • 10 minutes, 31 seconds

FT News Briefing - Winamp (889)

EU leaders clash over vaccines, UK debt, Ant Group fees

European leaders clash over vaccine distribution at a marathon virtual summit, holders of UK government bonds are suffering the worst quarter in at least two decades as Britain’s economic prospects brighten, Jack Ma’s Ant Group demands bigger fees to rebuild valuation after pulled IPO, and comfort foods like doughnuts and mac and cheese proved popular during the pandemic. EU leaders clash over vaccine distribution in tense summit https://www.ft.com/content/486a65fe-0608-4230-b9d5-c990f10d5be8Investors in UK government bonds suffer worst quarter for two decadeshttps://www.ft.com/content/0ea28218-7296-4b09-9cae-4b84a27a9e0cJack Ma’s Ant demands bigger fees to rebuild valuation after pulled IPOhttps://www.ft.com/content/e6d0dffe-a691-484e-9c3e-434d1553a3d6Pandemic comfort food offers too much solacehttps://www.ft.com/content/74497d5f-4bf4-4031-b424-b70a4547d23c? Hosted on Acast. See acast.com/privacy for more information.

3/26/2021 • 10 minutes, 4 seconds

FT News Briefing - Winamp (890)

EU-UK vaccine tensions, grounded ship blocks Suez canal

British and European officials on Wednesday issued a joint statement saying they’d discussed developing a “reciprocally beneficial relationship” to tackle Covid-19, after a top official in Brussels accused the UK of “vaccine nationalism”; a grounded container ship has blocked traffic in one of the world’s most critical shipping passages; and the rush to produce hydroelectric power in the Himalayas is adding to a crisis already exacerbated by climate change. UK and EU move to calm tensions over access to vaccineshttps://www.ft.com/content/da800a0d-cd27-48d1-a06f-d0c49599c5d2Suez Canal blocked after huge container ship runs agroundhttps://www.ft.com/content/eec9f3a6-2817-45f5-b007-a290f3e530c6Facebook says Chinese hackers tried to spy on Uyghur dissidentshttps://www.ft.com/content/70b94c78-474a-475a-b242-924f6b11929fCrisis in the Himalayas: climate change and unsustainable developmenthttps://www.ft.com/content/387f5b4d-69cd-45f6-b0fc-69d659381109Nationwide to allow all office-based employees to ‘work anywhere’https://www.ft.com/content/b4692568-0f60-4a32-9f86-fad222f319ff? Hosted on Acast. See acast.com/privacy for more information.

3/25/2021 • 9 minutes, 34 seconds

FT News Briefing - Winamp (891)

EU-China diplomatic row imperils market access deal

The escalation of a diplomatic row between the EU and China could imperil a market-access deal meant to be the cornerstone of future relations between Brussels and Beijing, Facebook’s CEO prepares for a grilling by US lawmakers over misinformation, and the Wall Street asset management group BlackRock has pushed for more diversity but now faces criticism for lack of an inclusive workplace. Sanctions row threatens EU-China investment dealhttps://www.ft.com/content/6b236a71-512e-4561-a73c-b1d69b7f486b?Facebook: the billion dollar bot problemhttps://www.ft.com/content/5242c34f-f7fc-4005-9b49-49674cedeb71BlackRock under pressure to live up to its promises on diversityhttps://www.ft.com/content/6476e681-4154-43a6-93e4-f5c86ae30dd9The battle for the pub at the end of the world https://www.ft.com/content/01fd588f-ad0a-4fe2-a370-78d1169fcd28 Hosted on Acast. See acast.com/privacy for more information.

3/24/2021 • 9 minutes, 46 seconds

FT News Briefing - Winamp (892)

Turkey investors shaken by central bank governor firing

Investor confidence in Turkey is shaken by the shock dismissal of the head of the central bank and the appointment of a new central banker with unorthodox ideas on how to tackle the country’s economic challenges, the increased production of the Covid-19 vaccine is creating shortages of other medicines, and Goldman Sachs bows to workplace complaints by junior bankers. Turkey’s lira tumbles after Erdogan sacks central bank chiefhttps://www.ft.com/content/6be3efd1-a8e9-47a8-abac-966db2d3cf93Push to make Covid vaccines causes US drug shortageshttps://www.ft.com/content/b3ac261e-2675-4679-9356-53aa6d812ad7David Solomon commits to Saturdays off for Goldman Sachs bankershttps://www.ft.com/content/58ca979f-3110-4613-8f85-81d8704cd4ad Hosted on Acast. See acast.com/privacy for more information.

3/23/2021 • 9 minutes, 19 seconds

FT News Briefing - Winamp (893)

Global equities surge, Broadway woes, India tries to tackle job shortage with new hiring rules

Investors have injected almost $170bn into global stocks over the past month, Broadway’s theatre workers are still waiting for curtains to lift, and India’s job shortage prompts the northern state of Haryana to adopt new rules that require companies to hire residents from that state.  Investors inject almost $170bn into global stocks in 4 week https://www.ft.com/content/88ab1525-02d3-4cf7-83ef-cfc00322d2b3?Outlook darkens for Europe’s virus-stricken economy https://www.ft.com/content/e818cea3-998f-4eef-ac0f-8f11894ac9afA year without Broadway https://www.ft.com/content/e79fa5e2-146a-4112-99d6-410f5d40778fHiring quotas the latest headache for companies investing in Indiahttps://www.ft.com/content/e09ccb12-57bc-414d-9318-8ed48dfffe6fBerlin theatres stage comeback with Covid-compliant initiativehttps://www.ft.com/content/a728eafd-e595-46d8-a568-2fdee4fde01d Hosted on Acast. See acast.com/privacy for more information.

3/22/2021 • 10 minutes, 24 seconds

FT News Briefing - Winamp (894)

EU countries to restart AstraZeneca use, Biden's hardline on China, airline lift-off

Europe’s biggest countries are set to resume using the Oxford/AstraZeneca coronavirus vaccine after the EU drugs regulator said the jab was safe, and the US is taking a tough stance as members from the Biden administration meet with Chinese officials in Alaska. Plus, the FT’s markets editor, Katie Martin, explains why investors are reboarding airline stocks. EU drugs regulator backs ‘safe and effective’ AstraZeneca vaccinehttps://www.ft.com/content/c83944d5-ad26-415f-bf34-1eba428beeb9US signals tough stance ahead of first meeting with Chinahttps://www.ft.com/content/b8af8a5b-591d-4721-8a6c-4da5481f3348?Airlines tap stock and bond markets as they prepare for surge in bookingshttps://www.ft.com/content/2a4d69a9-3f3d-4e0e-8e82-6794bca1888a Hosted on Acast. See acast.com/privacy for more information.

3/19/2021 • 10 minutes, 31 seconds

FT News Briefing - Winamp (895)

Fed upgrades growth forecast, how Stripe became Silicon Valley’s most valuable company

Federal Reserve officials sharply upgraded their growth forecasts for the world’s largest economy, and Microsoft is investigating a recent cyber attack and whether security companies that it works with leaked details about vulnerabilities in its software. Plus, the FT’s global tech correspondent, Tim Bradshaw, explains how Stripe became Silicon Valley’s most valuable private company. Fed sharply upgrades US growth forecast to 6.5% for 2021https://www.ft.com/content/3d7704d3-a312-4294-95bc-90233f469ccdMicrosoft investigating security groups for leaks to hackershttps://www.ft.com/content/171e9ea6-96d7-4ffa-ad9f-6ed6a7ddb118?How Stripe became Silicon Valley’s most prized assethttps://www.ft.com/content/9bfda026-df9d-42e4-8679-c26a072e0522 Hosted on Acast. See acast.com/privacy for more information.

3/18/2021 • 9 minutes, 3 seconds

FT News Briefing - Winamp (896)

EU to propose Covid-19 travel certificate, EU and US drift apart economically

Brussels is to propose the creation of a Covid-19 certificate to allow EU citizens to travel inside the bloc, and the UK’s Financial Conduct Authority is bringing money laundering charges against NatWest. Plus, the FT’s Frankfurt bureau chief, Martin Arnold, explains how the economies of the US and EU are drifting apart. Brussels to propose Covid certificate to allow EU-wide travelhttps://www.ft.com/content/ed6e9de4-f48e-4d74-97d1-ee80ab8f1a2fFCA brings money laundering charges against NatWesthttps://www.ft.com/content/df2aea12-265e-4a71-aead-bef65eb78ec7Mind the economic gap: Europe and the US are drifting further aparthttps://www.ft.com/content/0e9396cf-13b2-4034-ab09-c2366c264f91 Hosted on Acast. See acast.com/privacy for more information.

3/17/2021 • 9 minutes, 58 seconds

FT News Briefing - Winamp (897)

China’s tech giants test way around Apple’s new privacy rules, US airline CEO optimism

US airlines are optimistic about the industry after more people flew in the US this past weekend than any time since the start of the pandemic, and companies are turning to tree planting to appeal to eco-conscious consumers. Plus, the FT’s Patrick McGee explains why some of China’s biggest technology companies  are testing a tool to bypass Apple’s new privacy rules.  China’s tech giants test way around Apple’s new privacy ruleshttps://www.ft.com/content/520ccdae-202f-45f9-a516-5cbe08361c34US airline chiefs express optimism after busy spring travel weekendhttps://www.ft.com/content/08f16182-a8ef-495a-a249-90b68f096e36Saplings fly off the shelves as consumer brands turn greenhttps://www.ft.com/content/522e9f1e-711d-40c0-b265-2998c9194fd3? Hosted on Acast. See acast.com/privacy for more information.

3/16/2021 • 9 minutes, 20 seconds

FT News Briefing - Winamp (898)

Stripe valuation soars to $95bn, businesses in the pandemic, private data use in the pandemic

The payments provider, Stripe, is now worth $95bn after its latest round of fundraising, and more than 4.4m Americans have created businesses during the pandemic. Plus, the FT’s innovation editor, John Thornhill, gives highlights from the latest episode of his Tech Tonic podcast, which looks at two countries where citizens have been comfortable with how their government used some of their private data during the pandemic. Stripe valuation soars to $95bn after latest fundraisinghttps://www.ft.com/content/b9949a88-6c09-4de5-92e7-73994bb2b62fThe Covid entrepreneurs: Americans start millions of new businesseshttps://www.ft.com/content/400ae372-0cb2-48bb-8767-7986848ed9a6 Hosted on Acast. See acast.com/privacy for more information.

3/15/2021 • 10 minutes, 24 seconds

FT News Briefing - Winamp (899)

Australia vaccine funding, Sinopharm’s global push, ECB accelerates stimulus

Canberra is contemplating investing in a A$1bn biopharmaceutical plant to reduce its dependence on imports of critical medicines, China’s state-backed pharmaceutical group, Sinopharm, wants more governments to buy its Covid-19 vaccine, and Spain is set to become the first EU country to amend its laws to give some gig economy workers employee rights. Plus, the FT’s markets editor, Katie Martin, explains why the European Central Bank will accelerate its bond buying programme.  Australia considers funding vaccine maker to curb reliance on importshttps://www.ft.com/content/483e6275-6d27-433c-9cbc-6918f2c916c6?edit=trueSpain to grant gig delivery workers employee rightshttps://www.ft.com/content/73be294b-a43d-4387-aced-7b5cb0d91007?Sinopharm faces battle to turn Covid vaccine into a global successhttps://www.ft.com/content/99c7a9de-fc11-45ab-890b-f6733ccb4186ECB pledges to step up pace of stimulus to counter market sell-offhttps://www.ft.com/content/bd7ccf1d-3b07-4f13-9a14-68692ef84e95Rise of the retail army: the amateur traders transforming marketshttps://www.ft.com/content/7a91e3ea-b9ec-4611-9a03-a8dd3b8bddb5 Hosted on Acast. See acast.com/privacy for more information.

3/12/2021 • 10 minutes, 49 seconds

FT News Briefing - Winamp (900)

Martin Wolf looks back at the pandemic one year later

President Joe Biden is eyeing a multi-trillion-dollar infrastructure package for the US. Plus, the FT’s chief economics commentator, Martin Wolf, examines how well governments and economic policymakers have handled the economic crisis stemming from the coronavirus pandemic.  Hosted on Acast. See acast.com/privacy for more information.

3/11/2021 • 9 minutes, 40 seconds

FT News Briefing - Winamp (901)

US congress to vote on $1.9tn stimulus bill, scaling up green hydrogen, Coupang’s IPO

The OECD said on Tuesday that president Joe Biden’s $1.9tn US stimulus programme will boost the global economic recovery, the pandemic is being blamed for lower birth rates across Europe, and the IPO of South Korean ecommerce group, Coupang, is being clouded by worker deaths. Plus, the FT’s energy correspondent, Nathalie Thomas, explains the current surge of interest in green hydrogen as an alternative to fossil fuels. Biden stimulus will boost global recovery, says OECDhttps://www.ft.com/content/7f7d4b7d-028a-41a6-b11e-8320173ae4bcCovid pandemic blamed for falling birth rates across much of Europehttps://www.ft.com/content/bc825399-345c-47b8-82e7-6473a1c9a861?Coupang’s New York listing clouded by worker deathshttps://www.ft.com/content/a90749a2-5f5d-4789-8215-fd4168a50813The race to scale up green hydrogenhttps://www.ft.com/content/7eac54ee-f1d1-4ebc-9573-b52f87d00240Curaleaf bets on more liberal Europe with $300m deal for cannabis producer https://www.ft.com/content/8dffd932-0ecb-444f-9cc0-079466c7b997? Hosted on Acast. See acast.com/privacy for more information.

3/10/2021 • 10 minutes, 22 seconds

FT News Briefing - Winamp (902)

Tech stocks drag Wall Street lower, Greensill files for administration, Apollo merges with Athene

Stocks declined on Monday with shares of technology companies leading Wall Street lower, and the stricken supply chain financier, Greensill Capital, files for administration. Plus, the FT’s private capital correspondent, Mark Vandevelde, breaks down the $29bn merger between Apollo Global Capital and Athene Holding. Wall Street dragged lower by tech stocks and pandemic beneficiarieshttps://www.ft.com/content/e4420f17-c0ac-4cd4-807d-4549f5de9bfa?Apollo to merge with Athene creating $29bn conglomeratehttps://www.ft.com/content/e9ba5f23-9777-4730-a59b-d0c4d1fb510cGreensill files for administration and warns of GFG ‘defaults’https://www.ft.com/content/db5bc46a-57cc-4c7d-a6fe-47f5a59412d4 Hosted on Acast. See acast.com/privacy for more information.

3/9/2021 • 10 minutes, 57 seconds

FT News Briefing - Winamp (903)

ECB probes Greensill fallout, commercial property muddles through, TikTok in Myanmar

The European Central Bank has asked lenders for details of their exposure to Greensill Capital and its key client GFG Alliance, US president Joe Biden will hold a summit with Japan, India, and Australia to find ways to counter China’s influence, and TikTok is removing videos uploaded by Myanmar soldiers. Plus, the FT’s New York correspondent, Josh Chaffin, explains why lenders have been lenient towards commercial property owners during the pandemic. ECB quizzes banks over exposure to Greensill and Guptahttps://www.ft.com/content/68ea9df2-aa69-4a0b-9462-d3ed6491cee6?Joe Biden enlists ‘Quad’ allies to counter Chinahttps://www.ft.com/content/a481167f-c362-4bd9-a9e9-7fd5944e5ea4TikTok on alert after it becomes outlet for Myanmar soldiershttps://www.ft.com/content/73847311-2aec-4555-ada0-56833da6bdf4Property and the pandemic: the great reckoning that never seems to arrivehttps://www.ft.com/content/084f94e8-84a8-4966-a38b-fcb0b5e6171e Hosted on Acast. See acast.com/privacy for more information.

3/8/2021 • 9 minutes, 53 seconds

FT News Briefing - Winamp (904)

Powell’s comments send markets lower, oil rises on Opec+ moves, UK’s listing shake-up

 Federal Reserve chair Jay Powell triggered a sudden sell-off in long-term US Treasury debt and equities Thursday, and Opec and Russia have decided against unleashing a flood of crude on to the market. Plus, the FT’s markets editor, Katie Martin, explains how the UK is going about attracting new companies to the London stock exchange. Powell inflation comments send US stocks and bonds lower https://www.ft.com/content/1feb5449-76f0-4f67-85b2-ab03f05d5a65Oil jumps as Opec and allies decide against big rise in outputhttps://www.ft.com/content/771ebf3a-cff0-4ff3-ab9a-0bbd01a33f55UK looks at new rules to attract companies to London stock exchange https://www.ft.com/content/a9e9de26-7f44-41e1-9dd6-3721a52c7d9c Hosted on Acast. See acast.com/privacy for more information.

3/5/2021 • 10 minutes, 50 seconds

FT News Briefing - Winamp (905)

The fall of Greensill Capital

Democratic leaders have reached a compromise on a deal that would limit who is eligible for $1,400 stimulus cheques. Plus, the FT’s capital markets correspondent Robert Smith unpacks the rapidly unfolding saga behind Greensill Capital and why the supply chain financier is on the verge of filing for insolvency. Hosted on Acast. See acast.com/privacy for more information.

3/4/2021 • 10 minutes, 22 seconds

FT News Briefing - Winamp (906)

Biden’s vaccine deal, more Ant troubles, Germany’s vaccine woes

President Joe Biden announced on Tuesday that the US would have enough doses of coronavirus vaccines for every adult by the end of May, global energy-related carbon emissions have rebounded from coronavirus lockdown levels, and Ant Group has shared just a fraction of its consumer data with China’s central bank, defying Beijing. Plus, the FT’s Berlin bureau chief, Guy Chazan, explains why Germany’s vaccine rollout has gone slower than expected.  Biden says US will have enough jabs to vaccinate all adults by end of Mayhttps://www.ft.com/content/89442c1b-8295-4682-9f09-c040b9017882?Global carbon emissions rebound to pre-lockdown levelshttps://www.ft.com/content/600ad91f-79d4-451c-97c1-ab9a0daf4d3eJack Ma’s Ant defies pressure from Beijing to share more customer data https://www.ft.com/content/1651bc67-4112-4ce5-bf7a-d4ad7039e7c7Germany loses Covid crown as vaccine campaign faltershttps://www.ft.com/content/33f8ffd6-066b-449c-bf7e-edd51d661b19 Hosted on Acast. See acast.com/privacy for more information.

3/3/2021 • 8 minutes, 40 seconds

FT News Briefing - Winamp (907)

Dems warn against loosening bank capital requirements, Rupert Murdoch at 90

Two senior Democratic lawmakers have warned the Federal Reserve that it would be a “grave error” to extend looser capital requirements for US banks. ExxonMobil appointed two new board directors on Monday to placate activist shareholders and the former French president Nicolas Sarkozy was sentenced to three years in prison on Monday. Plus, the FT’s global media editor Alex Barker looks back on Rupert Murdoch’s media empire and what succession looks like for the mogul. Democratic senators call for tougher capital requirements for US bankshttps://www.ft.com/conent/44792b80-c331-44e3-b02c-41a151f4cb6c?Exxon adds two board directors in wake of activist pressure https://www.ft.com/content/be866c6f-bbff-4500-927b-49e02b7b9023Nicolas Sarkozy sentenced to jail for corruptionhttps://www.ft.com/content/1f2fe078-34f7-4665-afd7-a829082c7874Rupert Murdoch at 90: Fox, succession and ‘one more big play’https://www.ft.com/content/d9719c27-5e95-49c3-a534-2796196c6af7 Hosted on Acast. See acast.com/privacy for more information.

3/2/2021 • 8 minutes, 37 seconds

FT News Briefing - Winamp (908)

Sunak previews UK budget, von der Leyen warns of more pandemics, Lucid takes on Tesla

Chancellor Rishi Sunak is set to announce the UK’s budget on Monday and it includes a £5bn “restart” grant scheme, European Commission president Ursula von der Leyen warns that Europe could face an “era of pandemics,” and Japanese officials are preparing revisions to the country’s corporate governance code in an effort to change an inward looking corporate culture. Plus, the FT’s Patrick McGee explains how Lucid Motors will challenge Tesla in the electric vehicle market. Sunak to give £5bn boost to Covid-hit companies in Budgethttps://www.ft.com/content/9c6e7088-5577-4b17-adc1-502bffd33a76Europe must prepare for ‘era of pandemics’, von der Leyen sayshttps://www.ft.com/content/fba558ff-94a5-4c6c-b848-c8fd91b13c16?Japan prepares to shake up corporate codehttps://www.ft.com/content/a8de1297-52b1-4ee7-aa24-b4e966790dbaLucid takes on Tesla as electric vehicle competition hots uphttps://www.ft.com/content/8e01e59e-5b89-46c2-a798-6945fa2f255dNote: This episode has been updated to reflect that the Sputnik V vaccine was developed in Russia. Hosted on Acast. See acast.com/privacy for more information.

3/1/2021 • 9 minutes, 13 seconds

FT News Briefing - Winamp (909)

Bond sell-off roils markets, ex-Petrobras chief hits back, Ghana’s first Covax vaccines

The yield on the benchmark 10-year Treasury exceeded 1.5 per cent for the first time in a year and the outgoing head of Petrobras warns Brazil’s President Jair Bolsonaro against state controlled fuel prices. Plus, the FT’s Africa editor, David Pilling, discusses the Covax vaccine rollout in low-income countries. Wall Street stocks sell off as government bond rout accelerateshttps://www.ft.com/content/ea46ee81-89a2-4f23-aeff-2a099c02432cOusted Petrobras chief hits back at Bolsonaro https://www.ft.com/content/1cd6c9fb-3201-4815-9f4f-61a4f0881856?Africa will pay more for Russian Covid vaccine than ‘western’ jabshttps://www.ft.com/content/ffe40c7d-c418-4a93-a202-5ee996434de7 Hosted on Acast. See acast.com/privacy for more information.

2/26/2021 • 10 minutes, 48 seconds

FT News Briefing - Winamp (910)

GameStop returns, Myanmar banks, Texas power politics

GameStop’s share price doubled in the final 90 minutes of trading on Wednesday, partners at the consultancy McKinsey have voted to remove Kevin Sneader from his post as global managing partner, and Myanmar’s banking system has ground almost to a halt as employees joined protests against the military coup. Plus, climatologist Michael Mann explains why wind power is not to blame for power failures in Texas during the recent cold snap.GameStop shares double in final 90 minutes of trading dayhttps://www.ft.com/content/50eaa1b5-d244-4b3e-b460-736828c049cdMyanmar protesters join general strike in defiance of threats of violencehttps://www.ft.com/content/5f61da58-e618-42a8-b13c-300567248ff1Blaming Texas electricity failure on windhttps://www.ft.com/content/adc21f2b-ccf7-4b8b-8604-53cae556a7ddSports gear maker Under Armour halves sponsorship commitments https://www.ft.com/content/f97405a1-4187-4186-833c-c8c4f07bfcbf Hosted on Acast. See acast.com/privacy for more information.

2/25/2021 • 10 minutes, 5 seconds

FT News Briefing - Winamp (911)

Powell signals hope for ‘more normal conditions’, US Russia sanctions, HSBC’s pivot east

 Federal Reserve chairman Jay Powell spoke to Congress on Tuesday and indicated the central bank would maintain its ultra-loose monetary policy, the Biden administration is planning a broad package of measures to punish Moscow for the SolarWinds hack, and holiday bookings in the UK surged after Prime Minister Boris Johnson announced a plan for easing the coronavirus lockdown. Plus, the FT’s banking editor, Stephen Morris, explains why the global bank HSBC is pivoting back to its roots in Asia.Powell signals ‘hope for return to more normal conditions’https://www.ft.com/content/7f4a37e4-1930-4f9c-86e5-5e6fd9fbba5aUS considers sanctions against Russia over SolarWinds hackhttps://www.ft.com/content/d7d67ea7-8423-4b9c-819d-761fa4a10fa0?Holiday bookings surge after UK unveils plans for lockdown easinghttps://www.ft.com/content/055ba761-3610-4d61-97a3-4a3719af066dHSBC shifts ‘heart of business’ to Asia in latest strategy revamphttps://www.ft.com/content/eb321081-434e-43f4-b9e7-13354afdfc5f Hosted on Acast. See acast.com/privacy for more information.

2/24/2021 • 10 minutes, 30 seconds

FT News Briefing - Winamp (912)

Tech stocks fall on inflation fears, Brazil’s oil intervention, Big Tech goes green

The Nasdaq Composite closed 2.5 per cent lower on Monday as rising inflation expectations undercut arguments for tech stocks’ high valuations, Brazilian markets were rattled after president Jair Bolsonaro removed the head of Petrobras, and American rapper Jay-Z signs a big champagne deal with LVMH. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains how Big Tech companies became one of the world’s largest supporters of green energy. Global stocks fall on nerves over inflation outlookhttps://www.ft.com/content/cab2caee-60c9-40cb-a115-099287ab8bf4Brazilian markets rattled by Bolsonaro’s removal of Petrobras chiefhttps://www.ft.com/content/68b0c6cf-7d78-4e0e-9025-bfaca7e098e2LVMH signs champagne deal with rap star Jay-Zhttps://www.ft.com/content/840826e8-a70e-4f1d-82a4-1b83895eced5How tech went big on green energyhttps://www.ft.com/content/0c69d4a4-2626-418d-813c-7337b8d5110d? Hosted on Acast. See acast.com/privacy for more information.

2/23/2021 • 9 minutes, 33 seconds

FT News Briefing - Winamp (913)

Johnson’s plan to lift lockdown, McKinsey leadership vote, UK probes Big Tech

UK prime minister, Boris Johnson, is set to lay out a road map for lifting England’s lockdown, HSBC is accelerating its “pivot to Asia”, and McKinsey’s 650 senior partners have begun voting on whether Kevin Sneader should serve a second term at the helm of the business consultancy. Plus, the UK’s competition watchdog is planning new probes on Big Tech companies. The FT’s Brussels correspondent, Javier Espinoza talks to Andrea Coscelli, the head of the UK’s Competition and Markets Authority. Schools in England to reopen on March 8 under easing of lockdownhttps://www.ft.com/content/3a0434e5-8cac-4922-8f0f-062db0604115HSBC intensifies pivot to Asia with job moves and US exithttps://www.ft.com/content/38c3670c-3b0f-41e6-874e-0f9eee553744UK competition watchdog warns Big Tech of coming antitrust probeshttps://www.ft.com/content/da5c30a8-6fab-4131-b6bd-f8f05dcf5a46?McKinsey senior echelons vote in referendum on Sneader leadershiphttps://www.ft.com/content/f001f3ef-e296-4eb6-b711-5f7cb773e314 Hosted on Acast. See acast.com/privacy for more information.

2/22/2021 • 10 minutes, 2 seconds

FT News Briefing - Winamp (914)

Macron’s FT interview, GameStop hearing, oil rises and US Treasuries tumble

In an exclusive interview with the FT, French president Emmanuel Macron urges wealthy countries to help poorer ones access coronavirus vaccines, and US lawmakers grill key players in the GameStop trading saga. Plus the FT’s markets editor Katie Martin explains why a sell off in US government bonds could threaten Wall Street’s record run. US bond sell-off stirs warnings over stock market strengthhttps://www.ft.com/content/00c99cd2-7f9a-4a37-bb20-ce8d96f2527fRobinhood chief apologises over GameStop affairhttps://www.ft.com/content/69c0b5b0-9d49-4d0e-8f32-fe9428bff5b1Oil ‘supercycle’ predictions divide veteran tradeshttps://www.ft.com/content/f87ce114-f437-4c3f-bb73-fa38ca78146b Hosted on Acast. See acast.com/privacy for more information.

2/19/2021 • 11 minutes, 22 seconds

FT News Briefing - Winamp (915)

Facebook bans content sharing in Australia, Texas battles cold, China’s digital currency

Facebook has defied Australia’s push to make Big Tech pay for news by banning the sharing of content on its platform in the country, the oil and gas industry in Texas has buckled under the strain of a blast of Arctic weather, and three North Korean computer programmers have been charged over a cyber-hack spree. Plus, the FT’s global China editor, James Kynge, explains how Beijing’s digital currency is doubling as a surveillance tool for the state.News Corp agrees deal with Google on payments for its journalism https://www.ft.com/content/cec5d055-c2d1-4d5f-a392-a6343beb0b01Oil and gas industry in Texas buckles under strain of Arctic blasthttps://www.ft.com/content/9b7cdaf2-f43b-49c3-b8b8-b4840f95ebbdVirtual control: the agenda behind China’s new digital currencyhttps://www.ft.com/content/7511809e-827e-4526-81ad-ae83f405f623 Hosted on Acast. See acast.com/privacy for more information.

2/18/2021 • 10 minutes, 47 seconds

FT News Briefing - Winamp (916)

China’s rare earth mineral exports, Hong Kong stock trading, Amsterdam Spacs

China is exploring limits on exports of rare earth minerals that are crucial for the manufacture of American F-35 fighter jets, and stock trading volumes in Hong Kong have soared to four times those on London’s main exchange. The FT’s markets reporter, Nikou Asgari, explains why Amsterdam is becoming the European capital for Spacs. Plus, Chicago’s storied Second City comedy club may have a buyer. China targets rare earth export curbs to hobble US defence industryhttps://www.ft.com/content/d3ed83f4-19bc-4d16-b510-415749c032c1European bankers set sights on Amsterdam as regional Spac capitalhttps://www.ft.com/content/240293a8-20ed-4cf3-a5ec-63dc1c2d9076?Hong Kong stock trading volumes jump to 4 times those of LSEhttps://www.ft.com/content/c324674c-c91e-427e-82c5-87a7e9a53bab Hosted on Acast. See acast.com/privacy for more information.

2/17/2021 • 9 minutes, 19 seconds

FT News Briefing - Winamp (917)

Biden’s stimulus push, Texas blackouts, warehouse automation

President Joe Biden heads to Wisconsin to sell his stimulus plan, and the cold snap in Texas tests the state’s freewheeling electricity model. The pandemic’s online shopping surge has led to more warehouse automation, but that is making some human jobs tougher. Plus, Russian discount retailer Fix Price is planning a London stock market listing that could value the company at more than $6bn.Biden steps up stimulus pitch in bid to seal deal with Congresshttps://www.ft.com/content/1c172f12-87c0-4fda-82f2-40954d36b3f8Texas starts blackouts as frigid weather sends power prices surginghttps://www.ft.com/content/4d07eedc-b3ec-417e-8cb1-5895178c9f9bWhy I was wrong to be optimistic about robotshttps://www.ft.com/content/087fce16-3924-4348-8390-235b435c53b2Russian discount retailer aims to raise $1bn in London IPOhttps://www.ft.com/content/f8f68d4a-42b3-4c75-80ec-545b7d47831f Hosted on Acast. See acast.com/privacy for more information.

2/16/2021 • 9 minutes, 49 seconds

FT News Briefing - Winamp (918)

EU to allow UK data flow, commodities boom, China's box office

Brussels is set to allow data to continue to flow freely from the EU to the UK. In Argentina, the country’s powerful vice president wants to postpone a crucial $44bn debt deal with the IMF until the pandemic has eased. Commodities such as oil and copper may be entering a new ‘supercycle’ of higher prices. Plus, in China, at least, people are still going out to the movies.  Brussels to allow data to continue to flow to UKhttps://www.ft.com/content/43ed5e0a-7b0a-40db-800f-6f3b9c58b9a8Argentina’s powerful vice-president pushes for delay to IMF debt dealhttps://www.ft.com/content/78b08f12-7b78-4ecd-8e64-a717f8a43e09Investors set for commodities ‘bull run’ as prices rise in tandemhttps://www.ft.com/content/27086ad8-bc84-4e2e-9195-91880fa6916fChina’s box office roars while Hollywood remains on mutehttps://www.ft.com/content/573340cb-30b9-421e-8fec-51c8348a6bbb Hosted on Acast. See acast.com/privacy for more information.

2/15/2021 • 8 minutes, 52 seconds

FT News Briefing - Winamp (919)

Europe’s IPO boom, Bitcoin hits new record, China’s corn spree

Europe’s IPO market is off to its strongest start in five years thanks to a flurry of tech and ecommerce listings, Disney continues to attract subscribers to its streaming service, and China’s massive corn purchases have sent the price of the crop soaring. And the FT’s markets editor, Katie Martin, shares her thoughts on Elon Musk’s excitement over cryptocurrencies and whether it will spur wider adoption of digital currencies.  European IPOs mark best start to year since 2015 with €8bn haulhttps://www.ft.com/content/171ea5f4-b3f4-4e76-bb13-2480879d1bd0?Elon Musk’s effect on crypto world shows how irrational markets arehttps://www.ft.com/content/92ab487d-1990-42b9-b7d3-ba9d54d9bd22Disney Plus added 8m subscribers over Christmas https://www.ft.com/content/49581411-5650-4448-8325-ce12f85ee86bChina’s record purchase of corn a ‘watershed moment’ for grain markethttps://www.ft.com/content/94b04a3e-6169-4b07-8218-413138c641a1? Hosted on Acast. See acast.com/privacy for more information.

2/12/2021 • 10 minutes, 45 seconds

FT News Briefing - Winamp (920)

Amsterdam becomes Europe’s trading hub, AstraZeneca vaccine to help poor countries, Italy’s recovery fund

Amsterdam surpassed London as Europe’s largest share trading centre last month, Federal Reserve chairman Jay Powell has pledged to keep monetary policy loose to support the struggling US labour market, and the World Health Organization recommended the use of the Oxford/AstraZeneca vaccine for all adults. Plus, Italy will receive €200bn from the EU’s coronavirus recovery fund to help revive its economy. The FT’s Brussels bureau chief, Sam Fleming, explains what is at stake for Italy and the EU.Amsterdam ousts London as Europe’s top share trading hubhttps://www.ft.com/content/3dad4ef3-59e8-437e-8f63-f629a5b7d0aaPowell stresses patience in pledge to keep monetary policy loosehttps://www.ft.com/content/7ed63e7f-5389-42e8-beed-15b5d450c589WHO recommends use of Oxford/AstraZeneca vaccine for all adults https://www.ft.com/content/be33aa38-5eff-4069-b104-ba7bdb735c72 ‘We expect Italy to do its homework’: Draghi and the EU recovery fundhttps://www.ft.com/content/7c2007d9-6ce9-4895-ac5c-cd17e3bf69b2 Hosted on Acast. See acast.com/privacy for more information.

2/11/2021 • 8 minutes, 20 seconds

FT News Briefing - Winamp (921)

Twitter warns of slowing growth, investors tell Amazon to stop meddling in union vote, US-China investment flows

Twitter’s user growth fell short of expectations for the second quarter in a row, more than 70 investors call on Amazon to stop interfering with a unionisation effort, and Huawei asks a US court to overturn the Federal Communication Commission ruling that labels the telecoms company a security threat. Plus, the FT’s global China editor, James Kynge, explains how US-China investment continues despite political tension.Twitter warns of slowing user growth as pandemic surge fades https://www.ft.com/content/ff84e6c2-a937-4b88-bd8c-df8bcaa1ee7eHuawei challenges its designation as a threat to US securityhttps://www.ft.com/content/b7c2294d-9207-4fae-8fed-d63a80c99618Amazon must not interfere with US union effort, say investorshttps://www.ft.com/content/c7f24fbb-bb4e-489e-8a30-37708700e816US-China investment flows belie geopolitical tensionshttps://www.ft.com/content/b3dcc262-a153-4624-bc1d-156179d6e914 Hosted on Acast. See acast.com/privacy for more information.

2/10/2021 • 10 minutes, 19 seconds

FT News Briefing - Winamp (922)

EU wants Big Tech to pay for news, Tesla’s bitcoin investment, SoftBank Vision Fund makes big gains

EU lawmakers want to force Big Tech companies to pay for news, echoing a similar move in Australia, Tesla’s $1.5bn investment in bitcoin sends the cryptocurrency to record highs, and oil hits $60 a barrel for the first time in a year. Plus, the FT’s Tokyo correspondent, Kana Inagaki, explains what drove SoftBank’s Vision Fund to have its best quarter in four years. EU ready to follow Australia’s lead on making Big Tech pay for newshttps://www.ft.com/content/4c40c890-afd3-40a3-9582-78a66c37a8afTesla sends bitcoin to record high with $1.5bn investmenthttps://www.ft.com/content/5e83f15e-ea2c-4d2f-8ae8-bf72fc5effd0Oil hits $60 for first time in a year as supply cuts outweigh lockdownshttps://www.ft.com/content/3032d80d-89b0-4020-922e-f4fa15435b5dSoftBank’s Vision Fund posts best quarter since launch in 2017https://www.ft.com/content/c2f107a7-734d-450a-bf46-eb68a65ceaf4 Hosted on Acast. See acast.com/privacy for more information.

2/9/2021 • 8 minutes, 15 seconds

FT News Briefing - Winamp (923)

TikTok ecommerce push, Cuba invites private business, a new green world order

TikTok plans to expand into ecommerce in the US to compete with Facebook, Cuba has announced it will open most of the economy to private business, and Mercedes-Benz says by 2030 it will make as much from its electric cars as it does from its luxury combustion engine models. Plus, the FT’s environment and clean energy correspondent, Leslie Hook, looks at the global shift to renewable energy and how it could change the geopolitical landscape.TikTok takes on Facebook with US ecommerce pushhttps://www.ft.com/content/629c1c17-3daa-46af-8177-1814baaa2bed?Cuba lifts ban on most private business https://www.ft.com/content/3956b50f-621a-4289-90c3-247a2762fae2Mercedes’ electric profits to match those for combustion models by end of decadehttps://www.ft.com/content/6021706c-4f00-4547-9082-20e1d1d2d540?How the race for renewable energy is reshaping global politics https://www.ft.com/content/a37d0ddf-8fb1-4b47-9fba-7ebde29fc510 Hosted on Acast. See acast.com/privacy for more information.

2/8/2021 • 9 minutes, 9 seconds

FT News Briefing - Winamp (924)

Carmakers’ chip woes, UK directors face liability rules, Japan’s job-creating robots

German carmakers are considering their own semiconductor stockpiles to avoid supply chain troubles, the UK government could soon hold directors personally liable for the accuracy of their companies’ financial statements, and CVC Capital Partners eyes a minority stake in one of the NBA’s most valuable teams. Plus, the FT’s Asia business editor, Leo Lewis, explains how robots in Japan are boosting employment.  Carmakers consider supply chain overhaul to avert more chip criseswww.ft.com/content/3ecd3ccd-18d1-45a0-afb6-84719bdadf52UK directors face tough new liability rules under major audit reformhttps://www.ft.com/content/d4dd13a9-903e-4ff7-9fc3-d30ffdf764beJapan’s love of robots is paying offhttps://www.ft.com/content/72268b41-9731-4ee9-a32d-a9b463e362c1 Hosted on Acast. See acast.com/privacy for more information.

2/5/2021 • 9 minutes, 17 seconds

FT News Briefing - Winamp (925)

Nvidia-Arm antitrust probes, Australia takes on Google, discount retailers thrive

The EU and the UK are set to open probes into Nvidia’s $40bn acquisition of chip designer Arm, Microsoft looks to capitalise on Google’s threat to shut its search engine in Australia, and Mario Draghi accepts the mandate to form Italy’s next government. Plus, the FT’s retail correspondent, Jonathan Eley, explains how bargain retail is surging during the pandemic. UK and EU to open in-depth probes into Nvidia’s $40bn acquisition of Armwww.ft.com/content/a3adccc9-678e-44ef-bdb5-e847ecb7de8cAustralia media law push undeterred by Google search exit threatwww.ft.com/content/5d656fa3-9278-4528-9edf-514ddfd29c1d?Mario Draghi accepts mandate to form new Italian governmenthttps://www.ft.com/content/9022639f-9b88-40fe-9875-1d4a282ac5e4Bagging bargains: the unexpected rise of the discount megastorehttps://www.ft.com/content/554984ba-c010-4956-9125-6a7fc6806295 Hosted on Acast. See acast.com/privacy for more information.

2/4/2021 • 10 minutes, 19 seconds

FT News Briefing - Winamp (926)

Bezos to step aside, Draghi set for Rome, Myanmar’s Aung San Suu Kyi house arrest

Amazon chief executive Jeff Bezos will step aside later this year to become executive chairman of the ecommerce group, Italy’s president is expected to ask former European Central Bank president, Mario Draghi, to begin talks to form a new Italian government of national unity, and the price of silver retreated on Tuesday after a surge last week. Plus, the FT’s John Reed, explains what the military coup in Myanmar means for the country. Amazon’s Jeff Bezos to step aside as chief executive this yearhttps://www.ft.com/content/b100100e-48d9-4b06-86e0-ed81dd9eee92Mario Draghi set to form new Italian governmenthttps://www.ft.com/content/36a84f52-7287-4062-a150-24f58d9b053aSilver price retreats rapidly in blow to new retail buyershttps://www.ft.com/content/77e6fef6-37ff-4f8e-abd6-4c2d65ac120cMyanmar coup blindsides the Westhttps://www.ft.com/content/cee63a22-4796-48bb-bcc3-0e3c95114ee0 Hosted on Acast. See acast.com/privacy for more information.

2/3/2021 • 11 minutes, 22 seconds

FT News Briefing - Winamp (927)

US threatens Myanmar sanctions, Robinhood raises $2.4bn, Kuaishou’s IPO

Joe Biden has threatened to impose sanctions on Myanmar after the military seized power in a coup, and Robinhood raises another $2.4bn to shore up finances strained by turbulent trading. Plus, the FT’ Beijing bureau chief, Ryan McMorrow, explains the popularity of TikTok’s big rival in China, Kuaishou, which goes public this week. US threatens sanctions on Myanmar after military coupft.com/content/1934605c-ecf1-4e7b-aac7-45ad8031b879?Robinhood raises $2.4bn in second cash injection in four dayshttps://www.ft.com/content/790324e0-8526-4d9e-9717-a4430e1be034Robinhood’s bid to ‘democratise trading’ checked by Wall Street realties www.ft.com/content/9e69faf0-09c4-42ca-8c5f-78dc9568c18fKuaishou IPO boosts biggest rival to China’s TikTok’s https://www.ft.com/content/2b7a8bec-7f01-45b8-ac9f-1fe3f1cbd1f4Wheels Up set to go public via Spac mergerhttps://www.ft.com/content/ec08b822-e022-41d1-8252-0a04b2772031 Hosted on Acast. See acast.com/privacy for more information.

2/2/2021 • 9 minutes, 29 seconds

FT News Briefing - Winamp (928)

Reddit traders eye silver, Republicans float smaller relief bill, Mance talks to Bellingcat founder

Reddit traders have targeted silver markets after piling into GameStop shares last week, and Republicans in the US Senate float a stimulus deal a third the size of president Joe Biden’s plan. Plus, the FT’s chief features writer, Henry Mance, spoke with the founder of the internet investigative group Bellingcat and shines a light on the trailblazing group. Reddit traders switch sights to silver after equities attackft.com/content/d46e8623-09af-4a1f-b7e5-207616388b0f?GameStop mania: why Reddit traders are unlikely to face prosecutionhttps://www.ft.com/content/8caa3c75-944a-468e-8a68-9deeec8b67d8Republican senators float compromise $600bn stimulus dealhttps://www.ft.com/content/20859a91-cadc-42c2-b97b-a994efd65ec1Bellingcat’s Eliot Higgins: ‘We’re on the precipice of the misinformation age’https://www.ft.com/content/0f31590f-74cf-4cfa-b0d6-92e8f27d6d34 Hosted on Acast. See acast.com/privacy for more information.

2/1/2021 • 10 minutes, 23 seconds

FT News Briefing - Winamp (929)

EU vaccine shortage, Reddit traders challenge establishment, North Korea defector

The EU’s Covid-19 vaccination plan is nearing a crisis point after several regions suspended inoculations over the shortage of jabs, and amateur day traders are challenging the financial establishment. Plus, the FT’s Seoul correspondent, Ed White, tells us how a North Korean defector is exposing the effect that sanctions are having on Kim Jong Un's regime"Shortfall in jabs pushes EU vaccine drive to crisis pointhttps://www.ft.com/content/1b2afe60-b5e6-456d-98e0-313fe664d0b9Occupy Wall Street spirit returns as traders upset the eliteshttps://www.ft.com/content/bcfb2252-f752-4177-a860-07dc66b0b9e8North Korea defection exposes pressure on NK Diplomates https://www.ft.com/content/7330790c-9630-44a5-9fa7-b446aa94e872 Hosted on Acast. See acast.com/privacy for more information.

1/29/2021 • 10 minutes, 2 seconds

FT News Briefing - Winamp (930)

Day traders wreak havoc on hedge fund bets, Wall Street dips, BlackRock’s progress on sustainability

The Biden administration says it is “monitoring the situation” as shares in companies including GameStop, AMC and BlackBerry surged in trading on Wednesday. Meanwhile, Wall Street’s big indexes dropped after Federal Reserve chairman Jay Powell described a weakening in the recovery of the US economy, and China’s Covid-19 vaccine makers are having no problem meeting demand. Plus, the FT’s investment correspondent, Attracta Mooney, has been following BlackRock’s sustainability efforts and reports on how well the world’s largest asset manager is keeping its promises. ‘Short squeeze’ spreads as day traders hunt next GameStophttps://www.ft.com/content/acc1dbfe-80a4-4b63-90dd-05f27f21ceb2Wall Street notches its worst day since Octoberhttps://www.ft.com/content/570f7453-fb9b-4c73-845e-a33178f4942eLex Letter from Seoul: China’s vaccines and efficacy rateshttps://www.ft.com/content/768f7e3a-0a10-47a5-9f0d-ea1927ebb4ecBlackRock’s sustainability ‘report card’ one year from Fink’s annual letterhttps://www.ft.com/content/d7e83ba0-c90b-46c0-9233-ad06187606c1Walmart turns to robot-staffed warehouses to handle online ordershttps://www.ft.com/content/1b1b11c8-200c-4f7c-a431-6460f90bb95d? Hosted on Acast. See acast.com/privacy for more information.

1/28/2021 • 10 minutes

FT News Briefing - Winamp (931)

EU vaccine export tensions, a serious look at stock prices, India’s farmers

Facing a shortfall in vaccine supplies and slow pace of vaccinations, the EU is debating how to restrict exports of coronavirus vaccines, India’s farmers are angry about agricultural reforms that could erode the state-run model and boost private agribusiness, and the plant-based food company Beyond Meat partners with Pepsico. Plus, a serious look at silly prices in the stock market with the FT’s markets editor, Katie Martin. Germany presses Brussels for powers to block vaccine exportshttps://www.ft.com/content/ed0059c9-1ea5-4ba9-a1ff-88004b59e71dInvestor anxiety mounts over prospect of stock market ‘bubble’https://www.ft.com/content/a790c796-f0c4-4cf9-8c7a-3b52daff89e4IMF expects US, China to recover most strongly from the virus economic hithttps://www.ft.com/content/341577c5-92f2-4bd3-a235-331d0db5dbbdFarmers flood into New Delhi to vent anger over agriculture reformshttps://www.ft.com/content/0312fd46-b47e-4c55-b007-c56f5e6f24beNarendra Modi’s ‘noble’ wait for a Covid jab makes him camera shyhttps://www.ft.com/content/c86afc76-f49b-432d-b2c0-5aa3655903bd Hosted on Acast. See acast.com/privacy for more information.

1/27/2021 • 9 minutes, 51 seconds

FT News Briefing - Winamp (932)

Spac mania, Apollo’s Leon Black steps down, what’s fuelling the Russia protests

Companies have launched a $400bn fundraising blitz in the first three weeks of 2021 as government and central bank stimulus cascades across capital markets. Leon Black is to retire as chief executive of Apollo Global Management; the announcement came as Apollo revealed the conclusion of a review into Mr Black’s relationship with the late paedophile Jeffrey Epstein. Plus, Henry Foy on what’s fuelling Russia’s Navalny protests and Tom Mitchell on Zoom’s warning for other companies in China. Companies raise $400bn over three weeks in blistering start to 2021https://www.ft.com/content/45770ddb-29e0-41c2-a97a-60ce13810ff2Leon Black steps down as chief executive of Apollohttps://www.ft.com/content/97fdc05b-d3cd-45b7-b155-5f4ab525c59aZoom spy claims a warning for multinationals in Chinahttps://www.ft.com/content/75ca2308-a192-4118-8283-fa8147ec39ceSan Francisco 49ers lift stake in Leeds Unitedhttps://www.ft.com/content/da10082e-5723-4783-8820-76f58d98d1af Hosted on Acast. See acast.com/privacy for more information.

1/26/2021 • 9 minutes, 54 seconds

FT News Briefing - Winamp (933)

US takes a hard line on Russia, Congress weighs stimulus, the way forward for Waymo

The US has signalled a more confrontational stance toward Russia after Moscow cracked down on protesters over the weekend. In Congress, Democrats have said they want a deal on President Biden’s $1.9tn stimulus plan before taking up Donald Trump’s impeachment trial in the Senate. The WHO warns richer countries that they face a hit to their own recoveries if they fail to help the developing world roll out vaccines, and the technology for self-driving cars continues to be a grind. US demands release of Navalny after Russia cracks down on protestershttps://www.ft.com/content/3bacc3d7-b1ea-41ef-a949-0f60db7b8243What effect will Biden Stimulus have on Fed policyhttps://www.ft.com/content/e54712dd-bb35-43e4-8533-f1ae28fec054Vaccine delays in poorer nations threaten advanced economieshttps://www.ft.com/content/53c668bc-1066-4d8c-8c8d-5d29ba34a06eRolling out driverless cars is “extraordinary grind,” says Waymo bosshttps://www.ft.com/content/6b1b11ea-b50b-4dd5-802d-475c9731e89a Hosted on Acast. See acast.com/privacy for more information.

1/25/2021 • 10 minutes, 14 seconds

FT News Briefing - Winamp (934)

Next steps for US returning to the Paris climate accord, ECB bond-buying shift, global art market outlook

President Joe Biden has moved to have the US rejoin the Paris climate accord, but becoming a leader in lowering carbon emissions will not be so easy. Then, a look at how the European Central Bank is bracing for the latest phase of the pandemic-induced economic crisis. Plus, the FT’s art market columnist, Melanie Gerlis, explains how auction houses and galleries are surviving and adapting to the pandemic. The US will rejoin the Paris climate accord — what happens now?ft.com/content/81dd2826-55b6-44c2-b981-88717ec70314?ECB details bond-buying shift as it holds rates and stimulus steadyhttps://www.ft.com/content/14821fa0-0e3e-4a95-8414-53a257ee9142Art market: Predictions for 2021https://www.ft.com/content/86c27d1c-ff65-40a2-b6b2-d4add0209ffa Hosted on Acast. See acast.com/privacy for more information.

1/22/2021 • 10 minutes, 2 seconds

FT News Briefing - Winamp (935)

Business sends Biden a message, Vestager warns against patchwork tech regulation across Europe

Company leaders have warned they will fight Biden Administration moves to raise corporate taxes and tighten regulation, and earnings reports show that big US banks had a strong end to 2020 thanks to trading. Plus, the FT’s Javier Espinoza continues his conversation with the European Commission’s competition and digital policy chief, Margrethe Vestager, about the future of big tech regulation. Business to Biden: prepare for a fight over tax and minimum wagehttps://www.ft.com/content/7027014e-9478-4320-97ee-a1c8144b4638Vestager warns Big Tech to cooperate or face patchwork of laws across EUhttps://www.ft.com/content/2bd619a2-dee0-492a-b397-73a0ba00e369Morgan Stanley posts record profit as trading boomshttps://www.ft.com/content/0f44d1b7-d79f-4c2a-b45e-d4c2d0ce4637 Hosted on Acast. See acast.com/privacy for more information.

1/21/2021 • 11 minutes, 22 seconds

FT News Briefing - Winamp (936)

Biden inauguration, Yellen urges Congress to ‘act big’ on stimulus, top EU official on tech regulation goals

Joe Biden faces a long list of challenges after he is sworn in as the 46th US president today, Mr Biden’s nominee to serve as Treasury secretary, Janet Yellen, told Congress to “go big” on stimulus during her Senate confirmation hearing on Tuesday, and a US court has struck down the pro-coal power sector rules set by the outgoing president, Donald Trump. Plus, the FT’s Javier Espinoza speaks with Margrethe Vestager, the EU’s executive vice-president in charge of digital policy, about the future of tech regulation. Joe Biden’s challenge: big, early victories in a toxic political climate https://www.ft.com/content/fa01bc64-a80c-4c32-abad-f8eb778c4fe6US court strikes down Trump’s pro-coal power sector ruleshttps://www.ft.com/content/fed06dac-7c84-47be-a137-0480518a9e98Vestager warns Big Tech to cooperate or face patchwork of laws across EUhttps://www.ft.com/content/2bd619a2-dee0-492a-b397-73a0ba00e369Netflix signals stock buybacks to come as subscribers hit 200mhttps://www.ft.com/content/ae6f0ad5-a685-4eab-86f5-a65e8c7021ef Hosted on Acast. See acast.com/privacy for more information.

1/20/2021 • 10 minutes, 46 seconds

FT News Briefing - Winamp (937)

China-Europe shipping costs, Navalny jailed, Brookfield chief says real estate is undervalued

The cost of shipping goods from China to Europe has more than tripled in the past eight weeks as the pandemic disrupts global trade, Russian opposition activist Alexei Navalny has been sent to prison just a day after returning to his home country despite international demands to release him, and Italian prime minister Guissepe Conte faces a crunch confidence vote by lawmakers today. Plus, the FT’s US investment editor, Michael MacKenzie, explains why the chief executive of Brookfield Asset management thinks the markets have undervalued real estate.   Tripling of China-Europe shipping costs threatens to hit goods supply ft.com/content/ad5e1a80-cecf-4b18-9035-ee50be9adfc6?Russia jails opposition activist Alexei Navalny for 30 dayshttps://www.ft.com/content/9c42f190-5ec2-4ad7-8bc6-f9e449200a9fItalian coalition parties back PM Conte after resignationshttps://www.ft.com/content/4cf07e94-d7ad-408c-bf08-1093318c8b48Markets are underestimating the lure of the office, says Brookfield chief https://www.ft.com/content/0316678b-664a-42f8-900a-5c5b5076e29e? Hosted on Acast. See acast.com/privacy for more information.

1/19/2021 • 9 minutes, 29 seconds

FT News Briefing - Winamp (938)

Pompeo’s policy blitz, Merkel’s heir apparent, tech boom reshapes cities

Thousands of National Guard troops are being deployed to Washington to safeguard the capital for the inauguration of Joe Biden. The president-elect is already planning which executive orders he will sign, but there is still time for President Trump’s secretary of state to leave his mark on foreign policy. Germany’s ruling party, the Christian Democratic Union, has a new leader to replace Angela Merkel. Plus, the FT’s Tim Bradshaw reports that the pandemic tech boom is leaving cities with better logistics networks.  Washington fortified for Biden’s inauguration amid fears of more violencehttps://www.ft.com/content/94db9b9b-243b-4ce8-9e10-452fadc523ecPompeo tries to pin Biden down with parting foreign policy blitzhttps://www.ft.com/content/2b4e9369-8da5-4d12-b720-59b68a2136e6Angela Merkel’s heir apparent: Armin Laschet’s rise to the summit of German politicshttps://www.ft.com/content/371d6d1b-d95e-4d69-a3b3-b89ae71c03d7The pandemic tech boom is reshaping our cities  https://www.ft.com/content/40c3a928-6faf-4746-903d-3a114aac3878Indonesia deploys social media influencers in vaccine drivehttps://www.ft.com/content/adb9d6c6-ab89-4fe4-aae9-4b226e5f879f Hosted on Acast. See acast.com/privacy for more information.

1/18/2021 • 9 minutes, 38 seconds

FT News Briefing - Winamp (939)

Biden’s economic rescue plan, US banks report earnings, and the election for Merkel’s successor

Joe Biden plans to ask Congress for a $1.9tn economic rescue package, Federal Reserve chairman Jay Powell assures markets that asset purchases will continue, four big US banks report quarterly earnings, and far-right groups find alternative internet platforms to rally for further unrest. Plus, the FT’s Guy Chazan on who is vying to replace Angela Merkel as leader of Germany’s ruling party. Biden to push $1.9tn stimulus for pandemic-battered US economyhttps://www.ft.com/content/05e07e0d-1f2a-45da-bafb-367f4100c26aPowell moves to stamp out market fear of exit from loose policyhttps://www.ft.com/content/21d89f6d-be8f-48dc-9085-1e9baabcbdbeTop US banks set for $10bn round of buybackshttps://www.ft.com/content/c2b155a3-8901-4011-be32-fde3f4bad740Far-right turns to alternative platforms to stoke further unresthttps://www.ft.com/content/f5c4679b-20c5-4b68-bb6d-958f17385183?After Merkel: the battle for the soul of the Christian Democratic Unionhttps://www.ft.com/content/ce034f34-cbc6-4ea9-8c16-41fc939fc0fe Hosted on Acast. See acast.com/privacy for more information.

1/15/2021 • 9 minutes, 39 seconds

FT News Briefing - Winamp (940)

US House impeaches Trump again, Jack Ma vs Xi Jinping, NYC cuts ties with the Trump Organization

Donald Trump has become the first US president in history to be impeached twice, New York City cuts business ties with the Trump Organization, and the City of London has a post-pandemic recovery plan. Plus, the FT’s Beijing bureau chief, Tom Mitchell, explains what the clash between Jack Ma and Beijing means for China’s private sector. Donald Trump is impeached for second timehttps://www.ft.com/content/fc81c3df-f6c0-47c2-8efc-5a14d511f7e7New York City is latest to cut ties with Trump businesseshttps://www.ft.com/content/11b92247-b405-4e03-808d-2b802c63ff38Jack Ma vs Xi Jinping: the future of private business in Chinahttps://www.ft.com/content/751c2500-f50d-47c9-8f04-a28ad62285fd?segmentId=6bf9295a-189d-71c6-18fb-d469f27d3523City of London sets out five year post-pandemic recovery planft.com/content/91c887fc-29ef-472f-8e3f-22cb7d21573a? Hosted on Acast. See acast.com/privacy for more information.

1/14/2021 • 9 minutes, 58 seconds

FT News Briefing - Winamp (941)

WhatsApp battles privacy concerns, China tech worker concerns, Microsoft Teams

Facebook-owned WhatsApp is scrambling to stave off privacy concerns following a recent update to its terms of service; greenhouse gas emissions in the US rose less in 2020 than in any year since the second world war; China’s fast-growing tech industry is in the spotlight for harsh working conditions. Plus, the FT’s Richard Waters reports on the growth of Microsoft Teams and what it could mean for the future of online work.What’sApp fights back as users flee to Signal and Telegram https://www.ft.com/content/ee1b716d-4ed2-4b26-8da1-40c98db7b9b6?US emissions rise the least since second world war during pandemic ft.com/content/1b1dfaf0-4dfb-4788-9270-f880242b2a56?Pinduoduo hit by new allegations over working practiceshttps://www.ft.com/content/cc7aa0f0-ca28-4bf1-a3a1-823cc5e6fad1Microsoft looks to make 2021 the year of Teamshttps://www.ft.com/content/1bbe1b15-dde6-4a3b-9728-8991818b6c92 Hosted on Acast. See acast.com/privacy for more information.

1/13/2021 • 10 minutes, 31 seconds

FT News Briefing - Winamp (942)

US businesses pull political donations, SolarWinds hack developments, Turkey’s quest for power

U-S corporations are reviewing their political donations after the attack on the Capitol building, and research has found the huge global cyber espionage campaign discovered last month was carried out using tools similar to those developed by known Russian hacking group, Turla. Plus, the FT’s Turkey correspondent, Laura Pitel, explains how Recep Tayyip Erdogan’s aggressive foreign policy moves have left Ankara isolated from the west. Corporate American pulls political donations after assault on Capitol https://www.ft.com/content/be344816-3fab-42e2-99ed-38309d06a435SolarWinds cyber attack linked to tools used by Russian hacking grouphttps://www.ft.com/content/e1b247d5-ef53-4e82-afc3-9e3c2d7c5e2cErdogan’s great game: Soldiers, spies and Turkey’s quest for powerhttps://www.ft.com/content/8052b8aa-62b9-40c9-a40c-d7187d5cd98a? Hosted on Acast. See acast.com/privacy for more information.

1/12/2021 • 10 minutes, 25 seconds

FT News Briefing - Winamp (943)

Big Tech blocks Trump, urban renter exodus worries some MBS investors, CES goes virtual

Technology companies are blocking President Donald Trump from their platforms, renters fleeing U-S cities are straining the market for  mortgage-backed securities, and Europe tries to enforce its investment deal with China. Plus, the Consumer Electronics Show kicks off, virtually.Twitter vs Trump: has Big Tech gone too far?ft.com/content/6df12c33-e7a3-482b-92da-8c3549789a6b?Fading allure of urban life leaves dent on US mortgage bonds ft.com/content/67cb87c0-ef93-410f-90bc-60ffaf42af5e?EU and China agree new investment treatyhttps://www.ft.com/content/6a429460-4bfb-42d4-9191-73ba97dde130CES enters the pandemic era, taking a turn for the practicalhttps://www.ft.com/content/5c6b159c-da65-439f-8831-708cc0930aae Hosted on Acast. See acast.com/privacy for more information.

1/11/2021 • 10 minutes, 34 seconds

FT News Briefing - Winamp (944)

Trump concedes election, stock markets ignore political chaos, Boeing’s 737 Max settlement

President Trump concedes power for the first time and calls for an orderly transition: the FT’s US managing editor Peter Spiegel looks at how Joe Biden can unite a divided nation; global markets have continued rising despite the chaos in Washington; Boeing agrees to pay $2.5bn to resolve a criminal charge stemming from the 737 Max crashes; and counter-culture icon Neil Young cashes in on the music streaming boom. Democratic leaders call on Pence to force Trump from White House https://www.ft.com/content/cecab0e3-ddb6-40fa-a78b-1d98fb3f7759Boeing to pay $2.5bn to resolve criminal case over 737 Max crashes https://www.ft.com/content/1e64a9ea-4659-4513-b82f-0a4b5e7cae1cBlue sweep of Congress will add pressure to weak dollar, analysts sayhttps://www.ft.com/content/9e58d2fb-37c5-432e-b4c6-dcf862d43b7dNeil Young joins music rights gold rush after striking Hipgnosis dealhttps://www.ft.com/content/dd67a2ab-d6e1-4334-ae45-ef1bf65f1e82Review clip: Silver Fiddle Music, Hipgnosis Hosted on Acast. See acast.com/privacy for more information.

1/8/2021 • 9 minutes, 47 seconds

FT News Briefing - Winamp (945)

How a mob of Trump supporters interrupted the transfer of power

Congressional leaders reconvened on Wednesday night to certify Joe Biden’s victory in November’s presidential election, defying pro-Trump rioters who attempted to scupper the process by storming the Capitol earlier in the day. The FT’s US managing editor, Peter Spiegel, reports on a frantic day in Washington. Further reading:Angry mobs of Trump supporters interrupt transfer of powerhttps://www.ft.com/content/9a37c259-f7c8-4cca-9a00-83e7e5b9287d‘Blue wave’ trade back on after Georgia Senate pollhttps://www.ft.com/content/15c8d75b-07dd-4382-8b98-bcc8fa0c900aNew York Stock Exchange reverse course again on China delistingshttps://www.ft.com/content/83cd59a9-05ba-4639-8ee4-2cb6c04e89e2 Hosted on Acast. See acast.com/privacy for more information.

1/7/2021 • 10 minutes, 54 seconds

FT News Briefing - Winamp (946)

Saudi Arabia’s oil cut pledge, Qatar and Saudi Arabia end dispute, businesses tied to rebelling Republicans

Saudi Arabia pledged to cut an extra 1m barrels a day of oil output in February and March, and also has agreed to end its dispute with Qatar. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson, explains why businesses are making their voices heard when it comes to the Republican rebellion against the outcome of the presidential election. Saudis pledge to cut oil output despite Russian increasesft.com/content/c5468924-5383-4717-81c8-5d0658748f31?Saudi Arabia and allies to restore ties with Qatarhttps://www.ft.com/content/ad2eb477-b8f8-4dae-9e4c-a441759fc897Diehard Trump Republicans on collision course with US businessft.com/content/9fe61a5e-b57a-4a99-8985-ad7867a500b0? Hosted on Acast. See acast.com/privacy for more information.

1/6/2021 • 10 minutes, 18 seconds

FT News Briefing - Winamp (947)

Covid-19 shakes US equities, OECD warns against post-pandemic austerity

US equities had their worst day since October as spiking coronavirus cases and lockdowns shook investors, nearly €6bn of EU share dealing shifted away from London in the first trading day after Brexit, and China’s currency has rallied to its highest level in more than two years. Plus, the FT’s economics editor, Chris Giles, explains why the OECD’s top economist wants governments to rethink their constraints on public spending. EU shares trading flees London on First day after full Brexithttps://www.ft.com/content/a434b756-afe0-454d-9d70-ef2d42ea8d55Wall Street suffers worst day since October on virus advance https://www.ft.com/content/82e8a6ee-78a3-4ed1-aa13-bf6a67e58d97Renminbi rallies past 6.5 per dollar for first time since 2018https://www.ft.com/content/c91a70d8-001c-4924-9bfa-9b5c21099112OECD warns governments to rethink constraints on public spendinghttps://www.ft.com/content/7c721361-37a4-4a44-9117-6043afee0f6b Hosted on Acast. See acast.com/privacy for more information.

1/5/2021 • 8 minutes, 36 seconds

FT News Briefing - Winamp (948)

Business after Brexit, extended lockdowns in Europe, Bitcoin’s rise

Businesses face a wave of new bureaucracy and checks at ports now that the UK is officially outside of the EU’s single market and customs union, European countries debate more restrictions aimed at containing the spread of coronavirus, and law firms ditch their UK trophy offices. Plus, the FT’s deputy markets news editor, Ian Smith, tells us about Bitcoin’s latest milestone. European countries set to extend lockdowns as Covid cases surgehttps://www.ft.com/content/3292fc38-7945-4d7e-b8ed-582146ebe782Bitcoin tops $34,000 as record-breaking rally resumeshttps://www.ft.com/content/314f6c8a-ff7f-4a52-b5d1-98eb36a7bf40Law firms ditch trophy office moves as pandemic reshapes Cityft.com/content/e4f4e5f1-72b7-458a-a7bd-eb361cdc970b?Payne’s Politics: Brexit has arrivedhttps://www.ft.com/content/4006f4bc-508e-4f5d-bd76-f6db05ef10f1 Hosted on Acast. See acast.com/privacy for more information.

1/4/2021 • 9 minutes, 44 seconds

FT News Briefing - Winamp (949)

Brexit watch, China-Australia tensions, 2020 corporate winners and losers

Britain and the EU were finalising a historic post-Brexit agreement on Wednesday night.  Plus, Beijing’s market regulator has announced an antitrust investigation into Alibaba, China’s ban on Australian coal exports is hurting its companies, and the FT’s US business editor, Andrew Edgecliffe-Johnson, looks at 2020’s corporate winners and losers as well as who might rebound in 2021. Britain and EU poised to announce Christmas Eve Brexit dealft.com/content/4993212f-25c8-479e-83d6-f7db3731d1be?China launches antitrust investigation into Alibabaft.com/content/bdcc073f-3b70-4411-92d7-ee36973a8b7aPolitics come first’ as ban on Australian coal worsens China’s power cutshttps://www.ft.com/content/e83fffeb-3ef2-4b67-8989-6d17f153d8d4Prospering in the pandemic: the top 100 companieshttps://www.ft.com/content/844ed28c-8074-4856-bde0-20f3bf4cd8f0 Hosted on Acast. See acast.com/privacy for more information.

12/24/2020 • 10 minutes, 56 seconds

FT News Briefing - Winamp (950)

France reopens border with UK, DoJ sues Walmart, an investigation into p*rnhub’s secretive owner

France is set to reopen its borders with the UK to truck drivers who test negative for Covid-19, Boris Johnson and European Commission president Ursula von der Leyen aim for a Brexit trade deal by tonight, the US government sues Walmart for links to the opioid epidemic, and the botched launch of the video game Cyberpunk 2077 has prompted a shift by Sony. Plus, the FT’s consumer industries reporter, Patricia Nilsson, reveals how the dominant player in online p*rn operates its business.  France to reopen border with UKft.com/content/e2d2e680-752a-44a5-b014-60cd837532e7Johnson and Von der Leyen intensify ‘hotline talks in Brexit deal push ft.com/content/3576910f-6c51-4ad0-8ad1-75fb51641747US sues Walmart alleging role in country’s opioid crisisft.com/content/2d9484ee-64a7-4bb6-8287-587f94c34b43?Cyberpunk 2077 debacle prompts shift by Sony ft.com/content/8af5618d-ca83-43f9-9f51-56b75ff9f181MindGeek: the secretive owner of p*rnhub and RedTubeft.com/content/b50dc0a4-54a3-4ef6-88e0-3187511a67a2 Hosted on Acast. See acast.com/privacy for more information.

12/23/2020 • 10 minutes, 58 seconds

FT News Briefing - Winamp (951)

Investors unsettled by new coronavirus strain, UK coronavirus strain explained, SoftBank launches Spac

Global stock markets slipped and the price of oil declined on fears over the new strain of coronavirus sweeping through parts of Britain. The FT’s science editor, Clive Cookson, explains what scientists know about the strain and how it will affect efforts to beat the pandemic. Plus, SoftBank has filed to raise up to $604m from investors for its first blank-cheque listing, and upscale sportswear company Lululemon is making a push into overseas markets.Global stocks slip as new Covid strain unsettles investorshttps://www.ft.com/content/58ce50e1-fb49-4743-8f82-0a7a5ff1e896What we know about the new coronavirus strainhttps://www.ft.com/content/a8cf7f88-7bfc-46c5-bb25-a914266f0377SoftBank launches Spac, says it may buy one of its own investmentsft.com/content/65fd4a73-f277-415f-83b5-a3a68a5d4e27Lululemon plans overseas expansion as yogawear boomsft.com/content/c3ae04c5-ea00-452b-a33f-6a02adb5ca34? Hosted on Acast. See acast.com/privacy for more information.

12/22/2020 • 9 minutes, 27 seconds

FT News Briefing - Winamp (952)

EU travel bans, US stimulus, the City after Brexit

Several EU countries have banned travel from the UK as scientists identify a new strain of Covid that is 70 percent more transmissable, in the US, lawmakers reached a deal on Sunday night over a new round of stimulus, and shopping sites delivering from China are rushing to build their own global freight networks. Plus, our Brexit editor asks whether the UK’s stock market can ever get its mojo back.Scientists alarmed at spread of Covid mutant https://www.ft.com/content/a0bef737-c763-447a-b1f3-0649dc5989a0US lawmakers reach deal on $900bn stimulus packagehttps://www.ft.com/content/6c953f0e-b229-42c1-959e-ef62196ef4d6Shopping sites in China are building their own global freight networkshttps://www.ft.com/content/8af9c8f3-7ab3-4316-b014-c00e7d8ec83dCan the UK stock market get its mojo back?https://www.ft.com/content/ca6e6558-c55a-478b-a35d-81958d0c2890 Hosted on Acast. See acast.com/privacy for more information.

12/21/2020 • 8 minutes, 26 seconds

FT News Briefing - Winamp (953)

Google hit with another antitrust case, Brexit fears lead to stockpiling, Fed stress tests

Dozens of states and territories have launched the first US antitrust challenge to Google’s core search engine, and a surge of stockpiling by UK companies before the end of the Brexit transition period on January 1 has triggered road congestion in southern England and France. Plus, the FT’s Laura Noonan explains what we can expect out of the Federal Reserve’s stress test today and what they will tell us about US banks’s ability to handle the panemic. Google accused of abusing search monopoly as antitrust cases mounthttps://www.ft.com/content/709849fc-4148-4687-9924-0c61f0447f2dBrexit trade talks hit by fresh dispute over state aidft.com/content/2f508f4d-22e2-4deb-8d42-77a7c31fc53cBrexit stockpiling triggers cross-Channel freight crunchhttps://www.ft.com/content/77443600-8b40-47af-a807-60612ef2d928Global regulators to examine banks’ lending caution during pandemichttps://www.ft.com/content/6a09e064-9b94-4080-b696-5d347067eb4e Hosted on Acast. See acast.com/privacy for more information.

12/18/2020 • 10 minutes, 38 seconds

FT News Briefing - Winamp (954)

Fed to extend debt purchases, US small businesses struggle, Robinhood hit with legal complaint

The US central bank  says it will keep buying at least $120bn of debt a month until “substantial further progress has been made” in the recovery, US regulators have hit Luckin Coffee with a $180m penalty in an accounting fraud settlement, and Massachusetts launches legal action against the online trading app Robinhood. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains why there is an uneven recovery in the US corporate landscape. Fed to extend debt purchases to boost flagging US economyhttps://www.ft.com/content/74b6530e-9d69-43f0-a5d7-3cb363ed5398America’s two-track economy: the small business credit crunchhttps://www.ft.com/content/1ae439b1-75e7-4b55-876c-66533ac37db8Massachusetts takes legal action against Robinhoodhttps://www.ft.com/content/0e451231-fa4c-4686-bf2f-a5e107f337b9Luckin Coffee to pay $180m in accounting fraud settlement ft.com/content/4db3b074-829f-4f1c-a256-11c7e28a31d1 Hosted on Acast. See acast.com/privacy for more information.

12/17/2020 • 8 minutes, 34 seconds

FT News Briefing - Winamp (955)

Spanish companies vie for EU recovery aid, UK nuclear plans

Spanish blue-chips have positioned themselves for tens of billions of euros in EU coronavirus aid, the UK is drawing up plans to turn London into a rival to Singapore as a hub for shipping companies, and online brokers are scrambling to hold on to customers acquired during a surge in account openings amid the pandemic. Plus, the FT’s energy correspondent, Nathalie Thomas, explains what a possible new nuclear power plant in England means for the UK’s clean energy goalsSpanish companies jostle for EU recovery fund billionsft.com/content/e56d8c25-a978-424d-be77-752292e72059?UK draws up plans to rival Singapore with post-Brexit shipping regimeft.com/content/251ec582-1a9d-4af2-8b8c-4caa5cecd18bInvestment platforms scramble to retain new customersft.com/content/899c6908-25fc-4b71-9cc4-0224926306fa?UK enters formal EDF talks over £20bn Sizewell C nuclear planthttps://www.ft.com/content/ff25b5b5-5eec-4c81-a9b2-6ef5cad4d9b0 Hosted on Acast. See acast.com/privacy for more information.

12/16/2020 • 10 minutes, 8 seconds

FT News Briefing - Winamp (956)

SolarWinds software hijacked, Electoral College confirms Biden, Federal Reserve meeting preview

Presidential electors confirmed Joe Biden as the winner of the 2020 US election, and the Federal Reserve is poised to issue new guidance extending its emergency bond-buying programme. Plus, the FT’s Hannah Murphy explains what the US is doing in response to an infiltration by “nation-state” hackers into secure IT systems. US orders emergency action after huge cyber security breachhttps://www.ft.com/content/3a635e09-221c-49af-a582-97bc4e803747Electoral College set to confirm Joe Biden as next US presidenthttps://www.ft.com/content/fb5e17ae-7a15-4a88-b871-1db4036186feFederal reserve poised to extend crisis bond-buying programmehttps://www.ft.com/content/28db9e0a-9b6b-4e95-99e6-615ffcbdbaf8 Hosted on Acast. See acast.com/privacy for more information.

12/15/2020 • 9 minutes, 10 seconds

FT News Briefing - Winamp (957)

Brexit talks get reenergized, US Covid-19 vaccine rollout, eurozone banks’ dividends

US doctors could administer the first authorised coronavirus shot as soon as today, an EY anti-fraud team warned in 2018 that “red-flag indicators” at Wirecard pointed to potential accounting manipulation, and Europe’s top financial regulators are set to approve lender payouts within strict limits. Plus, Boris Johnson and Ursula von der Leyen agreed to extend negotiations for a UK-EU trade agreement. The FT’s Brexit editor, David Bond, explains how that might play out over the next few weeks. Join us this Tuesday 15 December at 3pm GMT, for an essential webinar, hosted by expert FT journalists, to understand in 50 minutes what a Deal or a No Deal means for you and your business. Regardless of the outcome, learn how all the key areas may be impacted. Register free today at: https://webinars.on24.com/ftdigitaldialogues/brexitbriefingEU and UK still ‘far apart’ but Brexit deal hopes risehttps://www.ft.com/content/6a6d5960-3e44-48c8-b33a-ee583b314ee3Doctors set to give first authorised US doses of Covid-19 vaccinehttps://www.ft.com/content/c06fed50-715c-4d2b-995c-b37a52254081EY fraud unit found ‘red-flag indicators’ Wirecard in 2018ft.com/content/3c0a0999-b434-4cad-9d9e-80cb85bf9cfd?Eurozone banks set to restart dividend payments under strict limits https://www.ft.com/content/2ffeb47f-cb88-478e-9819-f22ccd8b9668? Hosted on Acast. See acast.com/privacy for more information.

12/14/2020 • 10 minutes, 48 seconds

FT News Briefing - Winamp (958)

Johnson says prepare for no-deal Brexit, Airbnb IPO, EU’s threat to Big Tech

Boris Johnson has warned Britain to prepare for a no-deal Brexit, and Airbnb shares more than doubled on their first day of trading on Thursday. Plus, the FT’s Brussels correspondent, Javier Espinoza, explains why the EU is giving Big Tech companies an ultimatum when it comes to policing the internet. Correction: A previous version of this episode referred to Netscape as Microsoft's browser when it was in fact a rival. Internet Explorer is Microsoft's browser.Boris Johnson warns Britain to prepare for no-deal Brexithttps://www.ft.com/content/c112b53b-9dc7-462d-b50a-523ce1d42b23Airbnb soars on debut in latest IPO bouncehttps://www.ft.com/content/a1c5cc26-b224-470a-84fe-8a6575fd33dcEU to tell Big Tech to police internet or face large fineshttps://www.ft.com/content/72371610-4820-44c0-a955-4a19e430d343 Hosted on Acast. See acast.com/privacy for more information.

12/11/2020 • 10 minutes, 29 seconds

FT News Briefing - Winamp (959)

Deadline set for Brexit talks, Facebook hit with antitrust lawsuits, DoorDash floats

Boris Johnson and the EU have set a Sunday deadline for a “firm decision” on the fate of their future-relationship negotiations, the US Federal Trade Commission and 46 states have brought antitrust cases against Facebook, and DoorDash reached a market value close to $60bn in its public trading debut. Plus the FT’s global media editor, Alex Barker, looks at whether Disney’s push into streaming is enough to save the business. Sunday deadline set for ‘firm decision’ on Brexit talksft.com/content/fb655185-c89e-4a1b-948f-fbe97176c891US sues Facebook for ‘years-long’ abuse of monopoly power ft.com/content/5c03ac0f-7122-4c31-97a5-ecab3928a038DoorDash shares open up 80% amid IPO frenzyft.com/content/c9f8f03f-6b82-4828-84e2-7ac25966b7d1Disney faces digital dilemma despite streaming successft.com/content/cf22ac6b-c065-4657-bbe6-6689c625461d Hosted on Acast. See acast.com/privacy for more information.

12/10/2020 • 9 minutes, 25 seconds

FT News Briefing - Winamp (960)

Shell’s clean energy departures, Starbucks' bullish goals, US anti-money laundering overhaul

Starbucks chief executive Kevin Johnson says the company will continue to grow despite the pandemic, Congress looks to approve the first overhaul of US anti-money laundering laws in decades, and Japan has launched a stimulus package to help speed up the country’s recovery from Covid-19. Plus, the FT’s senior energy correspondent, Anjli Raval, discusses the recent executive exodus at Royal Dutch Shell. Shell executives quit amid discord over green pushft.com/content/053663f1-0320-4b83-be31-fefbc49b0efc?As thousands of small coffee shops shut, Starbucks’ boss is bullishft.com/content/ab959c91-7ef2-44d7-bf8c-d03718ae5393US to shift burden from banks in overhaul of money laundering lawsft.com/content/498493c4-a138-4e5d-b926-a86ae317b8f4Suga launches $294bn stimulus to boost Japan’s coronavirus recoveryft.com/content/2c927471-849c-4635-8844-31b12b91b613 Hosted on Acast. See acast.com/privacy for more information.

12/9/2020 • 10 minutes, 15 seconds

FT News Briefing - Winamp (961)

Johnson and Von der Leyen to meet on Brexit, Uber abandons plans for its own self-driving car, China’s overseas lending

Boris Johnson is to travel to Brussels for make-or-break talks on a UK-EU trade deal, Uber will swap its self-driving car operations for a minority stake in Aurora, and China has drastically curtailed the overseas lending programme of its two largest policy banks. Plus, the FT’s Guy Chazan explains why there is so much at stake for Europe and German chancellor Angela Merkel during this week’s EU summit. Johnson to go to Brussels in search of way out of Brexit stalematehttps://www.ft.com/content/0317430c-015c-4848-8689-8ec4066dad52?Uber abandons effort to develop own self-driving vehiclehttps://www.ft.com/content/e55ce767-0ede-4096-aa3b-1d26671f3772?China curtails overseas lending in face of geopolitical backlashft.com/content/1cb3e33b-e2c2-4743-ae41-d3fffffa4259?Angela Merkel faces final challenge at EU summithttps://www.ft.com/content/58866070-51df-4386-be3f-58738a23996c? Hosted on Acast. See acast.com/privacy for more information.

12/8/2020 • 10 minutes, 42 seconds

FT News Briefing - Winamp (962)

Brexit trade talks on a knife-edge, Brussels urged to heed climate science, Covid vaccines in India

Britain’s trade talks with the EU were on “a knife-edge” on Sunday, Brussels has been urged to stick to climate science when drawing up rules on sustainable finance, and doses of the coronavirus vaccine developed by AstraZeneca and the University of Oxford could be available for purchase in India as soon as March. Plus, the FT’s Brussels bureau chief, Sam Fleming explains how the UK’s departure from the EU will affect Europe. UK trade talks with EU on knife edge, says Irish premierhttps://www.ft.com/content/af0a4b76-66ad-4166-b743-e190327fe42eBrussels urged to heed climate science in sustainable finance ruleshttps://www.ft.com/content/3b017b2b-e8a5-4ea0-b7d0-c96337e33e5fCovid vaccines will be available for private purchase in Indiaft.com/content/224b13fb-1d7d-4250-a6c6-1535b30496bc?edit=true Hosted on Acast. See acast.com/privacy for more information.

12/7/2020 • 8 minutes, 28 seconds

FT News Briefing - Winamp (963)

Brussels’s EU budget warning, Macron complicates Brexit deal, the ‘everything’ market rally

EU budget commissioner Johannes Hanes has warned Poland and Hungary that Brussels could cut them out of its recovery fund, British officials accused France of making new Brexit demands at the eleventh hour on Thursday, and Boeing clinched its first firm order for the 737 Max since the aircraft was grounded 20 months ago. Plus, the FT’s global financial correspondent, Robin Wigglesworth, explains what has been fuelling the rally in global equities and whether it can be stopped.Brussels warns Poland and Hungary they cannot stop EU recovery fundft.com/content/50d9731d-c5cd-4fa7-9626-7a0f2f2d62d8Tough Macron stance leaves Brexit deal hanging in balance ft.com/content/7a679982-abef-4f9a-8a55-e06588e7b770Boeing clinches first firm order for 737 Max since aircraft’s groundinghttps://www.ft.com/content/2c32696e-56fc-43a5-b3d4-49daa169bcbdThe ‘everything rally’: vaccines prompt wave of market exuberanceft.com/content/d785632d-d9a0-45ae-ae57-7b98bb2fb8d6 Hosted on Acast. See acast.com/privacy for more information.

12/4/2020 • 10 minutes

FT News Briefing - Winamp (964)

Democrats support US stimulus plan, China invests in US tech, reaction to UK vaccine approval

Top Democrats have expressed support for a $908bn stimulus plan offered by a bipartisan group of US senators, the UK has become the first country to approve a Covid-19 vaccine, and Chinese state-backed funds are still scouring the US for investments in critical technologies despite stiffer restrictions on such deals. Plus, the FT’s West Africa correspondent, Neil Munshi, explains why Nigeria’s richest residents are investing heavily in Africa’s biggest economy.  Top Democrats signal willingness to compromise on stimulushttps://www.ft.com/content/8787eb59-642e-4a93-af5b-59f13afa3e6dUK set for Covid vaccinations ‘next week’ after regulatory approvalhttps://www.ft.com/content/c60f49c1-34c8-4cd0-b295-87f35c70bc04Chinese state-backed funds invest in US tech despite Washington curbsft.com/content/745abeca-561d-484d-acd9-ad1caedf9e9eNigeria’s richest plough money into Africa’s biggest economyhttps://www.ft.com/content/c5b98699-a5bb-49b2-8436-4a7edf314b87 Hosted on Acast. See acast.com/privacy for more information.

12/3/2020 • 10 minutes, 51 seconds

FT News Briefing - Winamp (965)

Airbnb IPO pricing, EU squeezes UK in Brexit talks, Brazil's economy during the pandemic

Airbnb disclosed on Tuesday that it could raise as much as $2.5bn in its initial public offering, and Brussels is still holding back on granting Britain a whole collection of Brexit rights and regulatory waivers. Plus, the FT’s Latin America editor, Michael Stott, explains why Jair Bolsonaro’s monthly subsidy to Brazilians is a double-edged sword. Airbnb looks to raise up to $2.5bn in IPOft.com/content/c5450812-c45d-4833-a99f-22a390e5d3e4EU keeps UK guessing on post-Brexit rightsft.com/content/e7c12053-c9d7-42c8-965f-731257cde644? Hosted on Acast. See acast.com/privacy for more information.

12/2/2020 • 9 minutes, 26 seconds

FT News Briefing - Winamp (966)

Understanding eurozone inflation, Zoom sales up, Mnuchin and Powell testify before US Congress

The cost of many popular goods and services in the eurozone is rising far faster than the bloc’s overall depressed level of inflation, the video conferencing company Zoom continued to ride the boom in working and learning from home, and Eurozone finance ministers have struck an agreement to revamp the bloc’s bailout fund. Plus, the FT’s James Politi explains what is in store as Federal Reserve chair Jay Powell and US Treasury secretary Steven Mnuchin appear before the US Congress. Eurozone consumers hit by rising goods costs despite negative inflationhttps://www.ft.com/content/e8a10dff-ca00-4bd0-8909-a62b51e498af?Zoom sales up fourfold as pandemic keeps workers at homehttps://www.ft.com/content/3f388aac-9e41-4ce4-bc30-187bad688d8a?Eurozone finance ministers strike deal over bailout reform https://www.ft.com/content/827f3d0c-ff1d-417e-bdc9-afd55be003b0Jay Powell frets over US economy despite good news on a vaccineft.com/content/0b526c01-67e2-411c-ad8c-5ab362515047 Hosted on Acast. See acast.com/privacy for more information.

12/1/2020 • 9 minutes

FT News Briefing - Winamp (967)

EU pitches post-Trump alliance with US, Covid-19 vaccine rollout, Lam’s cash problem

The EU will call on the US to seize a “once-in-a-generation” opportunity to forge a new global alliance, the first coronavirus vaccine is on track for international deployment within weeks, and Hong Kong’s leader has said she is being forced to receive her salary in cash because of US sanctions. Plus, the FT’s Helen Warrell explains how the UK is trying to position itself as a global leader in defence. EU pitches new post-Trump alliance with US in face of China challengehttps://www.ft.com/content/e8e5cf90-7448-459e-8b9f-6f34f03ab77aInternational rollout of Covid-19 vaccine on track for next monthhttps://www.ft.com/content/093d5005-ea9f-4c87-8db3-bae0e93d5102Hong Kong’s leader has ‘piles of cash’ at home after US sanctions https://www.ft.com/content/0f9f0e98-faac-4ecd-8896-8cda3746a920 Hosted on Acast. See acast.com/privacy for more information.

11/30/2020 • 10 minutes, 48 seconds

FT News Briefing - Winamp (968)

Is AI finally closing in on human intelligence?

The company OpenAI has developed an extremely powerful machine-learning system that can rapidly generate text with minimal human input. The system is known as GPT-3 and it does everything from crafting an email to writing advanced fiction. However, the FT’s innovation editor, John Thornhill, explains, there are barriers and even a dark side to this tool. Hosted on Acast. See acast.com/privacy for more information.

11/27/2020 • 9 minutes, 40 seconds

FT News Briefing - Winamp (969)

Brexit financial services woes, Salesforce eyes Slack, Facebook’s ad troubles

Europe’s financial sector has reached “peak uncertainty” as regulators and banks rush to stave off the harshest effects of Brexit, cloud software company Salesforce is in talks to buy Slack, and Facebook allowed several thousand adverts and posts that violated UK law earlier this year. Plus, the FT’s economics editor, Chris Giles, explains why UK chancellor Rishi Sunak is warning of an ‘economic emergency’.Europe's finance sector braced for 'peak uncertainty' ahead of January Salesforce in talks to buy Slack in huge cloud software dealFacebook allowed thousands of illegal ads in UK until they were reported Sunak warns of ‘economic emergency’ as borrowing hits record £394bn  Hosted on Acast. See acast.com/privacy for more information.

11/26/2020 • 8 minutes, 58 seconds

FT News Briefing - Winamp (970)

Markets rise on White House transition, France taxes US tech giants, bank dividends

US stocks surged to new highs on Tuesday, alongside global equities, as the path for a smooth transition of power in the US cleared, French tax authorities have begun demanding millions of euros in extra tax from US tech giants, and an ECB executive says that eurozone banks could be allowed to pay dividends again if their balance sheets are in order. Plus, the FT’s Robin Harding explains why Japanese stamps are getting in the way of the country’s digitisation efforts. US stocks set record high as investors look to new administrationhttps://www.ft.com/content/433048a5-c489-4ddd-aebd-d56fb8f3edfcUS tech companies get digital tax demands from French authoritiesft.com/content/2cfe3d07-7e69-4f57-b634-8b6002f967cb ECB to lift ban on bank dividends next year if balance sheets strong enoughft.com/content/62c9e91e-ce88-41cb-aa23-de67687cdeef?edit=trueJapan to ditch ‘hanko’ seal in drive to digitise bureaucracyhttps://www.ft.com/content/e05b0e61-1aa6-4e96-822b-538f1a33d806 Hosted on Acast. See acast.com/privacy for more information.

11/25/2020 • 9 minutes, 58 seconds

FT News Briefing - Winamp (971)

Yellen likely choice for US Treasury, Peru’s century bonds, Oxford-AstraZeneca vaccine

US president-elect Joe Biden is poised to choose former Federal Reserve chair Janet Yellen as his Treasury secretary, Peru joins a select group of countries that has issued century bonds, and the number of US air travellers has ticked up ahead of US Thanksgiving. Plus, the FT’s Donato Paolo Mancini explains how the vaccine produced by Oxford University and AstraZeneca will play into the larger fight against the pandemic. Joe Biden poised to pick Janet Yellen as Treasury secretary https://www.ft.com/content/1351b4db-9181-4afe-875f-acf9d5a6799aPeru joins elite club of nations selling century bonds https://www.ft.com/content/2676b8b3-dcf7-4200-9031-cc0f4f6a504e?shareType=nongiftUS air travel rises despite Thanksgiving pandemic warnings https://www.ft.com/content/ec2de8b7-30e9-403c-9016-ddb41796c9e8Oxford-AstraZeneca vaccine results raise hopes for Covid fighthttps://www.ft.com/content/2da97a56-23df-4345-9157-6dc8ec322c69 Hosted on Acast. See acast.com/privacy for more information.

11/24/2020 • 10 minutes, 3 seconds

FT News Briefing - Winamp (972)

Europe eases lockdowns for holidays, G20 on Covid-19 vaccines, China’s crackdown on misconduct

European policymakers are preparing to relax Covid-19 lockdowns and “save Christmas”, G20 leaders pledged to “spare no effort” to ensure global access to Covid-19 vaccines, and Beijing has warned it will show “zero tolerance” for financial misconduct after several high-profile bond defaults by state-owned companies. Plus, the FT’s Peggy Hollinger explains how investors are handling Brexit. European nations plan cautious easing of lockdowns for Christmashttps://www.ft.com/content/5068cfce-a2fa-4d85-9078-d1a1cd89c316G20 leaders pledge to ensure global access to Covid vaccineshttps://www.ft.com/content/5f5e5a8c-1b94-438f-8f10-212126883e6cBeijing promises crackdown on misconduct after bond defaultsft.com/content/21af2731-0042-458c-9651-365459fa1e74? Hosted on Acast. See acast.com/privacy for more information.

11/23/2020 • 8 minutes, 16 seconds

FT News Briefing - Winamp (973)

WHO cautions against remdesivir, wildfires and wine, Venezuelan oil as a stranded asset

The World Health Organization has recommended that doctors do not prescribe Gilead's remdesivir to patients in hospital with coronavirus, US Treasury secretary Steven Mnuchin has decided against extending several of the Federal Reserve’s emergency lending facilities, and online wine retailer, Naked Wines, has said that worsening wildfires are becoming a challenge for the industry. Plus, the FT’s Michael Stott explains why Venezuelan oil could become the world’s biggest stranded asset. WHO recommends against prescribing remdesivir to Covid patients ft.com/content/cc8d2fc7-f7e9-441e-a33c-94b8f82ce110?US Treasury says no to extending some of Fed’s crisis-fighting toolhttps://www.ft.com/content/e4b3a063-db44-4e6c-b998-74a29d70b136?Wildfires pose threat to industry, warns Naked Wineshttps://www.ft.com/content/55daaf65-b233-47b8-b24a-b38b1b93f0f0Venezuelan oil could become world’s biggest stranded asset, say experts https://www.ft.com/content/cafbd3c7-2434-4f23-8da8-1f7052efdc8e Hosted on Acast. See acast.com/privacy for more information.

11/20/2020 • 10 minutes, 49 seconds

FT News Briefing - Winamp (974)

EU auditor: Brussels too slow to tame Big Tech, FAA clears Boeing 737 Max, Johnson’s green economy

A new report from the EU’s external auditor has found Brussels failed to tame Big Tech because it moved too slowly, the US Federal Aviation Administration issues an order on Wednesday allowing Boeing’s 737 Max to fly again, and Wall Street analysts expect the arrival of a coronavirus vaccine will send the dollar sinking next year. Plus, the FT’s environment correspondent, Leslie Hook, explains why critics say Boris Johnson’s plan for a green economy falls short. EU has been too slow to tame Big Tech, says bloc’s auditor ft.com/content/abb8ebe1-99e1-4547-8c42-df265bf5125c?US regulator clears Boeing’s 737 Max to fly againhttps://www.ft.com/content/43bb3ab1-598d-4ee3-a83b-ea0c22f08d4aVaccine arrival expected to trigger dollar slump in 2021ft.com/content/d2a226b8-574a-4d1c-9205-fa076ed97055?Boris Johnson’s green plan a ‘far cry’ from hitting net zero targetsft.com/content/dbd944e6-48a2-42d7-829e-ae1d64616bfc Hosted on Acast. See acast.com/privacy for more information.

11/19/2020 • 10 minutes, 49 seconds

FT News Briefing - Winamp (975)

G20 nears funding boost for low-income countries, Amazon online pharmacy, FSB report

Saudi Arabia’s finance minister says the world’s richest countries are close to unlocking additional IMF funds for low-income nations, Amazon has launched an online delivery service offering big discounts for prescription medicine in the US, and Unilever is aiming to increase its annual sales of plant-based meat and dairy alternatives to €1bn in five to seven years. Plus, the FT’s US markets reporter, Colby Smith, explains why the Financial Stability Board is pinning hedge funds with some of the blame for the US Treasury market chaos in March. G20 nearing IMF funding boost for developing nations, Saudi minister says ft.com/content/f211194f-5c19-4ab1-b47f-a4d6caa88f36?Amazon launches online pharmacy in challenge to traditional retailershttps://www.ft.com/content/f45c4956-108f-4b69-b115-c73cfc55f0e3Unilever aims for €1bn sales from plant-based products by 2027ft.com/content/0a1e5e3d-a34d-44bb-a350-75f3e8700673?Hedge funds under scrutiny over role in March bond market ructionshttps://www.ft.com/content/5bab4156-54fd-41ab-b067-794c3050c8cd Hosted on Acast. See acast.com/privacy for more information.

11/18/2020 • 9 minutes, 7 seconds

FT News Briefing - Winamp (976)

Biden’s coronavirus warning, Airbnb readies for IPO, Saudi Aramco bonds

US president-elect Joe Biden has warned that the country’s ability to handle Covid-19 could be hampered if Donald Trump does not allow a smooth transition of power, AirBnB published the prospectus for its long-awaited stock market listing on Monday, and the secretary general of the Basel committee of regulators has argued that shareholder payouts should remain on hold until the long-term impact of the pandemic is clear. Plus, the FT’s senior energy correspondent, Anjli Raval explains why Saudi Aramco is heading to the international bond market. Biden warns ‘more people may die’ if Trump refuses to co-ordinateft.com/content/ee58360a-eca8-47aa-ac86-3665e918539aAirbnb woos investors with return to profit ahead of IPO ft.com/content/5f8aa041-3d1b-43f4-94fb-57a0639bfc76?Bank regulator calls for dividends to remain on holdft.com/content/cd06ce1a-65cd-4543-8f80-cf1d577f0c68?edit=trueSaudi Aramco to sell billions of dollars in international bondshttps://www.ft.com/content/c10dcb3b-89cf-4fc4-a1b2-bd434f79258b Lawsuit tracker: Trump’s battle faces tough test this week https://www.ft.com/content/20b114b5-5419-493b-9923-a918a2527931 Hosted on Acast. See acast.com/privacy for more information.

11/17/2020 • 10 minutes, 15 seconds

FT News Briefing - Winamp (977)

UK’s weak household spending, Asia-Pacific trade deal, Biden’s Brexit impact

A Financial Times analysis has found the UK’s weakness in international economic league tables during the coronavirus crisis reflects stretched household finances and potentially wasteful public spending, leaders from 15 Asia-Pacific countries have signed one of the biggest trade deals in history, and US banks are concerned over one of their most profitable business segments as consumers pay down their credit cards. Plus, the FT’s Arthur Beesley explains how US president-elect Joe Biden’s Irish roots could affect Ireland’s Brexit outlook. UK’s poor GDP performance rooted in weak household spendingft.com/content/c5d72dea-50bc-4f1f-98d3-bc758aafa905?US surge in coronavirus cases darkens outlook for economyhttps://www.ft.com/content/f3a4f31b-85bc-450f-ac7a-f7dbbad3f6dcAsia-Pacific countries sign one of the largest free trade deals in history  https://www.ft.com/content/2dff91bd-ceeb-4567-9f9f-c50b7876adceBank credit card profits in question as US consumers pay down debt https://www.ft.com/content/fe591579-2202-45f1-8c83-a7e7dd1200c4 Hosted on Acast. See acast.com/privacy for more information.

11/16/2020 • 10 minutes, 35 seconds

FT News Briefing - Winamp (978)

Palantir sales growth cheers Wall Street, Poland threatens EU budget, Denmark mink culling

Data analytics company, Palantir, beat Wall Street forecasts in its first quarterly earnings since going public, the US Senate is preparing to vote on Judy Shelton, Donald Trump’s nominee to the Federal Reserve board, and Poland’s prime minister warns that his country’s parliament could shoot down the EU’s next seven-year budget. Plus, the FT’s Nordic and Baltic correspondent, Richard Milne, explains why Denmark is backtracking on its order to kill millions of mink. Palantir sales growth cheers Wall Street in debut earningshttps://www.ft.com/content/9fdbf565-8be3-4972-8f8f-4cad3dda5101Senate prepares to vote on Trump’s Fed board nominee Judy Sheltonhttps://www.ft.com/content/4c146684-b364-4966-849a-acfcd7bd9dedPoland threatens EU budget over linking funding to rule of lawhttps://www.ft.com/content/d8dfda2c-a811-4749-9bf2-3a0dde626fed?Denmark’s mink farmers count cost of botched cullhttps://www.ft.com/content/9e518316-6422-41f3-8873-8a75754b2eef Hosted on Acast. See acast.com/privacy for more information.

11/13/2020 • 10 minutes, 41 seconds

FT News Briefing - Winamp (979)

Key aide to Boris Johnson quits, ECB set to expand help, TikTok deadline, Turkish lira

Boris Johnson’s director of communications resigned on Wednesday night following a bitter Downing Street power struggle, the European Central Bank will keep financing costs exceptionally favourable in the eurozone until the economy recovers from the pandemic, and TikTok wrestles with its US divestment deadline. Plus, the FT’s Laura Pitel explains how Turkey hopes to boost its economy despite an overhaul of the country’s economic management. Key Johnson aide quits in Downing St power strugglehttps://www.ft.com/content/2c431395-021b-471d-878c-3ab342304745ECB set to expand bond-buying and cheap loans, Lagarde signalshttps://www.ft.com/content/3fc692fe-a79d-447f-9dec-42c171dc9a53?TikTok challenges Trump order ahead of US divestment deadlinehttps://www.ft.com/content/218bccaf-6b74-475c-a374-9a0a89ca3d29Turkey’s Erdogan vows to win ‘trust’ of investors after lira plungehttps://www.ft.com/content/fc0be85d-eba8-4172-9d38-d8b6f5fa0e8e Hosted on Acast. See acast.com/privacy for more information.

11/12/2020 • 10 minutes, 59 seconds

FT News Briefing - Winamp (980)

Trump’s resistance, Lyft weighs delivery business, EU hits Amazon with antitrust charges

Republicans have grown more assertive in giving cover to Donald Trump’s false claims that the US presidential election was stolen from him, Lyft has said it was in the “early days” of building a delivery business to take on Uber Eats and others, SoftBank is considering moving its Vision Fund unit to Abu Dhabi, and the European Union is hitting Amazon with antitrust charges. Plus, the FT’s Leila Abboud explains why European small shopkeepers are frustrated with the latest set of coronavirus lockdowns. As Joe Biden’s margin of victory grows, so does Republican resistance https://www.ft.com/content/d0c09d30-6f1c-4978-bbb7-44e1f93e9a39Lyft weighs getting into delivery business as it works to bounce back ft.com/content/b340f34e-d16a-4388-99cf-eacb00df8389SoftBank’s Vision Fund unit considers move to Abu Dhabi from UKhttps://www.ft.com/content/22eddefb-adab-4188-9de7-33533f6d571eEU accuses Amazon of breaching antitrust ruleshttps://www.ft.com/content/4908995d-5ba4-4e14-a863-bcb8858e8bd2Europe’s shopkeepers on the warpath over lockdownshttps://www.ft.com/content/3fc8ba69-9a2c-4f19-ac79-ce310c8d6507 Hosted on Acast. See acast.com/privacy for more information.

11/11/2020 • 10 minutes, 51 seconds

FT News Briefing - Winamp (981)

Covid vaccine lifts stocks, Nikola’s legal bills pile up, India takes aim at Google

A breakthrough in the race to find a vaccine for Covid-19 fuelled a broad global equity rally on Monday. The FT’s Joe Miller explains what this means for managing the pandemic. Plus, India’s competition watchdog has ordered an in-depth investigation into the tight links between Google’s mobile app store and its payment service, and electric truck start-up Nikola has acknowledged for the first time that it is under investigation by the US Department of Justice in the wake of fraud allegations. Pfizer and BioNTech’s Covid-19 vaccine found to be 90% effective https://www.ft.com/content/9bde4bff-acf0-4c2a-a0d0-5ed597186496Nikola reveals escalating legal bill after fraud claimshttps://www.ft.com/content/51c9de3f-7e08-4740-8a50-4f301d8ca9aeIndia’s competition watchdog orders Google investigationhttps://www.ft.com/content/f0709021-0fdb-4f0a-a85e-c807ab364ebe Hosted on Acast. See acast.com/privacy for more information.

11/10/2020 • 8 minutes, 23 seconds

FT News Briefing - Winamp (982)

Biden looks to unite Democrats, future of UK-US trade, Westfield threatens tenants

President-elect Joe Biden will face a power struggle between liberal and progressive Democrats, and how will a Biden administration handle a trade deal between the US and the UK? The FT’s Sebastian Payne and Aime Williams explain how the internal market bill plays an important role. Plus, shopping centre landlord Westfield is threatening tenants with legal action over unpaid rents. Biden faces power struggle between Democratic progressives and moderateshttps://www.ft.com/content/e922ddea-6665-4231-89a3-ffdbfd0fc009Westfield threatens chains including Pret over rent arrearshttps://www.ft.com/content/40596f51-cef7-41b7-a36f-cddebb870be5Lords defeat of Brexit bill will put government on track for Biden clashhttps://www.ft.com/content/874ef7b6-91f9-4f5e-b2ae-5a3def68e250 Hosted on Acast. See acast.com/privacy for more information.

11/9/2020 • 10 minutes, 49 seconds

FT News Briefing - Winamp (983)

Biden edges towards victory, Bank of England stimulus, Uber earnings miss

Joe Biden edged closer to a presidential victory on Thursday night while Donald Trump claimed without evidence that the Democrats were trying to “steal” the election. Plus, the Federal Reserve kept monetary policy steady, the Bank of England took more robust measures as the UK entered a second coronavirus lockdown, and Uber missed Wall Street’s expectations on earnings in the third quarter despite reporting an uptick in its ride-sharing business. Donald Trump calls for vote counting to stop as US awaits resulthttps://www.ft.com/content/b922453a-166c-446f-a50e-6727309b8375Federal Reserve keeps monetary policy steady as Covid cases risehttps://www.ft.com/content/3b577f14-c638-4536-aeb0-f63508e7e295Bank of England launches £150bn stimulus to boost consumer spendinghttps://www.ft.com/content/18ade542-d2a9-438a-ba5c-37b51475993bUber and Lyft in driving seat to remake US labour lawshttps://www.ft.com/content/78e619f4-fabe-4077-a51a-491e24492263Uber claws back business as lockdowns ease but misses Wall Street targethttps://www.ft.com/content/933458fc-4bd8-407f-be0f-6467e83b6173 Hosted on Acast. See acast.com/privacy for more information.

11/6/2020 • 9 minutes, 36 seconds

FT News Briefing - Winamp (984)

Biden holds lead over Trump, US leaves Paris climate agreement

Joe Biden won Wisconsin and Michigan on Wednesday in two critical victories that boosted his chances of winning the presidential election while the Trump campaign launched lawsuits to delay vote counting. Meanwhile, investors are now changing course after Democrats missed an opportunity for a blue wave. Plus, the FT’s environment correspondent, Leslie Hook, explains how the outcome of the election is crucial for global efforts to tackle climate change. Biden boosted by Wisconsin and Michigan wins as count drags onhttps://www.ft.com/content/874f4401-aa3f-46c0-b4ca-2d06066c1f7eInvestors hold their poise in face of knife-edge US election resulthttps://www.ft.com/content/732afbb8-af6f-4bfa-9cd2-e7dab82873afUS formally withdraws from Paris climate agreementhttps://www.ft.com/content/54f600e0-183f-41fd-8d4b-69ab4403e331 Hosted on Acast. See acast.com/privacy for more information.

11/5/2020 • 9 minutes, 42 seconds

FT News Briefing - Winamp (985)

US ballot count continues, Ant IPO stalls

The US presidential election appeared to be headed towards prolonged uncertainty as critical battlegrounds continued to count mail-in ballots. The FT’s Peter Spiegel reports on the early morning results, and Andrew Edgecliffe-Johnson explains what it means for business. Plus, China has suspended the $37bn listing of Ant Group, which had been set to become the world’s largest IPO. Our Asia capital markets correspondent, Hudson Lockett, explains what happened. Follow the FT’s US election coveragehttps://www.ft.com/us-presidential-election-2020Trump’s corporate trouble: CEOs keep their distance from the party of businesshttps://www.ft.com/content/f74f00db-decc-4fb2-8c86-e95dd0b0d42eChina halts $37bn Ant Group IPO, citing ‘major issues’https://www.ft.com/content/c1ee03d4-f22e-4514-af46-2f8423a6842e Hosted on Acast. See acast.com/privacy for more information.

11/4/2020 • 10 minutes, 11 seconds

FT News Briefing - Winamp (986)

US election day voting, investors eye the candidates, Nvidia-Arm China deal in trouble

US election day begins as Americans brace themselves for what could be a drawn-out result, Nvidia’s $40bn deal for the UK-based chip designer Arm is facing fresh problems in China, and Volkswagen will be within only “a gram or so” of tough new EU carbon emission limits. Plus, the FT’s US capital markets correspondent, Richard Henderson, explains which policies from Mr Trump and Joe Biden are most appealing to investors. Democrats fight back as Trump pledges to challenge result in courthttps://www.ft.com/content/fd0ed792-2945-48a1-a896-efd0ecc7586fTrump vs Biden: 4 policy plans US stock investors are watchinghttps://www.ft.com/content/4930af61-c51a-4782-a1cd-a0cd1a9a0cde?shareType=nongiftBattle at Arm China threatens $40bn Nvidia dealft.com/content/49889c43-70b8-45d7-b0b0-44e98d3bf89f?Volkswagen within ‘a gram’ of compliance with EU carbon targetsft.com/content/b8751714-fe99-4cd6-9935-2fb4ad9929f4? Hosted on Acast. See acast.com/privacy for more information.

11/3/2020 • 10 minutes, 20 seconds

FT News Briefing - Winamp (987)

Eurozone economic forecast sinks, UK businesses plea support, aerospace and Brexit

Fresh lockdowns in Europe announced have triggered a flurry of downgrades to economic growth forecasts, and UK business leaders have called for more financial help from the government to support crisis-hit companies. Plus, the FT’s Peggy Hollinger explains how Brexit will affect an already hard hit aerospace industry.  Eurozone economic forecasts slashed as fresh lockdowns imposedhttps://www.ft.com/content/3269f590-1cac-411f-8320-110c91c1f12eBusiness seeks state support as it faces England lockdownhttps://www.ft.com/content/adfebb62-2f01-4c4a-bdc6-8bf8ff621850 Hosted on Acast. See acast.com/privacy for more information.

11/2/2020 • 11 minutes

FT News Briefing - Winamp (988)

Big tech earnings, US economic data, early voters pour in for US presidential election

Big tech companies reported mixed earnings for the most recent quarter, and Donald Trump is pointing to strong third-quarter GDP days before the US presidential election. Plus, the FT’s Washington Bureau chief Demetri Sevastopulo explains how early votes could affect election day. Google ad sales bounce back sharply from pandemic slumphttps://www.ft.com/content/07c22dcb-9747-4bd3-a01c-bb51d6e9e9bbDonald Trump touts economy to boost re-election bidhttps://www.ft.com/content/dbe15063-8955-42e2-a757-b8d9b4bd9c60Early voting surge points to huge turnout in US electionhttps://www.ft.com/content/8d8fa717-8923-4223-af75-bd6d31d25d9a Hosted on Acast. See acast.com/privacy for more information.

10/30/2020 • 10 minutes, 56 seconds

FT News Briefing - Winamp (989)

European lockdowns worry investors, China’s Five-Year plan

Stocks in Europe and the US dropped on Wednesday as Germany and France re-entered lockdowns to slow the spread of coronavirus. The FT’s Michael Peel explains how the European Commission is handling the latest wave of the virus. Plus, investors worry about its spread in Europe and the US, and China’s leadership discusses the country’s next Five-Year Plan.  Germany and France impose fresh curbs to slow Covid-19 spreadhttps://www.ft.com/content/cc928df5-8c4f-4b16-b5e8-78547069c9d5US stocks close down 3.5% as Covid concern mountshttps://www.ft.com/content/617f7ad3-6831-4e47-b66a-3efccd1972a6Chinese leadership meets to set policy direction for next 5 yearshttps://www.ft.com/content/91b74acd-15fc-402a-9644-3c662d3ba04c Hosted on Acast. See acast.com/privacy for more information.

10/29/2020 • 10 minutes, 30 seconds

FT News Briefing - Winamp (990)

Apple search, LVMH and Tiffany talk, social media testimony

Apple is stepping up efforts to develop its own search technology, Boris Johnson’s plan to flout international law over Brexit is set to be blocked by the House of Lords, LVMH is in talks to renegotiate its $16.6bn takeover of US jeweller Tiffany. Plus, the FT’s Kiran Stacey will explain why US Senators are going after big social media groups ahead of the US presidential election. Apple developing alternative to Google searchft.com/content/fd311801-e863-41fe-82cf-3d98c4c47e26Boris Johnson faces Brexit defeat at key momentft.com/content/807e1c15-7632-4a42-adc7-562ffc57e232?Zuckerberg backs reform of legal protections for social mediahttps://www.ft.com/content/9e9b8a33-74af-4a42-9c6f-1e24958de46c? Hosted on Acast. See acast.com/privacy for more information.

10/28/2020 • 11 minutes, 3 seconds

FT News Briefing - Winamp (991)

US stocks drop on Monday on coronavirus fears, European banks, Alibaba’s push into grocery delivery

US stocks on Monday notched their biggest one-day drop in a month on fears that rising coronavirus infections will dampen business activity, and European banks get a lift from equities revenue. Plus, the FT’s China corporate tech reporter, Ryan McMorrow, explains how Alibaba is making a push into a crowded grocery delivery field. Alibaba to pay $3.6bn to take control of Chinese supermarket chain Sun Arthttps://www.ft.com/content/fb6dee7d-704e-444e-aa7f-32969296fb51US stocks have worst day in a month as virus cases hit a recordhttps://www.ft.com/content/770938ee-c511-4332-968c-c290dd89cc33Barclays recovers as bad debt charges fallhttps://www.ft.com/content/8374dd0e-87c1-4b58-8c29-5cc4f45d3960UBS pledges to boost payouts as pandemic impact diminisheshttps://www.ft.com/content/10005024-87dc-41b8-abc4-728261b34bf0 Hosted on Acast. See acast.com/privacy for more information.

10/27/2020 • 10 minutes, 42 seconds

FT News Briefing - Winamp (992)

EU member states hesitate on recovery fund loans, upbeat Oxford vaccine trials, Brexit borders

Pandemic-struck EU member states are worried about debt and are hesitant to reach for recovery fund loans, and a Covid-19 vaccine trial out of the University of Oxford and AstraZeneca has shown promise in a recent trial. Plus, the FT’s Peter Foster and Judith Evans explain what kind of complications will occur at the UK border after the Brexit transition period ends. Italy and Spain introduce new pandemic measuresft.com/content/8d14f560-427c-451f-90df-8b464901d190EU capitals hesitate over recover fund loansft.com/content/1621a33b-b05e-4b2d-b6d1-862a0455c1b9?Astrazeneca Oxford Covid vaccine trials offer hope for the elderly ft.com/content/b15446e5-66f7-4e6a-947a-1b638769ff79?British sausage makers face EU freeze after Brexithttps://www.ft.com/content/a6b205e4-6171-4995-80d8-3f19b42d340aPrivate jets take off as wealthy flyers seek to avoid virushttps://www.ft.com/content/17282807-ab86-4333-b6c2-b8128f87fd4f Hosted on Acast. See acast.com/privacy for more information.

10/26/2020 • 10 minutes, 17 seconds

FT News Briefing - Winamp (993)

Final US presidential debate, FDA approves remdesivir, Intel data hit by pandemic

Donald Trump and his Democratic challenger, Joe Biden, clashed over issues from the pandemic to foreign policy in their final presidential election debate. Then, the FT’s Demetri Sevastopulo will explain why local races in Texas and around the US could dictate the political make-up of the country for years to come. Plus, Gilead has received the first US regulatory approval for a Covid-19 drug, and Intel reported a decline in data centre revenues and said its earnings fell by nearly a quarter from a year ago due to the pandemic.Donald Trump and Joe Biden clash over coronavirus in final debatehttps://www.ft.com/content/bef48683-9bde-4ac2-8906-797779593b22Gilead secures FDA approval for remdesivir https://www.ft.com/content/07a321de-109b-46aa-99bc-f884e0ed7703 Hosted on Acast. See acast.com/privacy for more information.

10/23/2020 • 10 minutes, 42 seconds

FT News Briefing - Winamp (994)

US intelligence election warning, Apollo hit by Leon Black’s Epstein ties, report from Lagos

The US director of national intelligence has warned that Iran and Russia are attempting to influence American voters before the November 3 US election, Tesla delivered a fifth straight quarterly profit in the three months to the end of September, and one of the biggest US public pension funds has frozen new investments with Apollo Global Management over concerns regarding Leon Black’s connections to Jeffrey Epstein. Plus, the FT’s West Africa bureau chief,Neil Munshi, reports on the violent crackdown by security forces on peaceful demonstrators in Lagos. US official warns of Iranian and Russian election interferenceft.com/content/82d92abf-2dd2-4fb6-8d0a-1f12f7aedcb4Tesla delivers its fifth straight quarterly profit https://www.ft.com/content/e782cac4-cbdf-4d39-986e-8b7b7971de1dApollo investor halts new commitments over Leon Black’s Epstein ties https://www.ft.com/content/7aa15cae-0baf-488b-8713-c4dc29bf193cViolent crackdown on Nigerian protests prompts outragehttps://www.ft.com/content/1e06b3c1-f453-4e7e-b71b-b0dba31faaa3 Hosted on Acast. See acast.com/privacy for more information.

10/22/2020 • 10 minutes, 43 seconds

FT News Briefing - Winamp (995)

Snap Inc rises on advertising, US Department of Justice takes on Google, big tech regulation

Snap posted record revenues and attracted the highest-ever number of advertisers to its platform in the third quarter, and the US Department of Justice has accused Google of suppressing competition in internet search. Plus, the FT’s west coast editor, Richard Waters, explains how the US and Europe are handling the regulation of big tech in very different ways. Netflix subscriber growth slows as lockdown boost fadeshttps://www.ft.com/content/de870037-4859-4660-87c8-b6bba656bd02Snap reaps the benefits of Facebook boycott falloutft.com/content/cb762955-10bb-4d1e-bfb3-87c4ecf9d915?US election: Facebook’s political balancing acthttps://www.ft.com/content/ebbf9be3-307b-4fdd-a582-069099e3096cNick Clegg: Europe should tear down digital walls not build new oneshttps://www.ft.com/content/98cf847c-96f9-4558-9a30-7d72ea4e79c2 Hosted on Acast. See acast.com/privacy for more information.

10/21/2020 • 9 minutes, 56 seconds

FT News Briefing - Winamp (996)

Stimulus uncertainty, Conoco-Concho deal, China’s semiconductor push

US stocks slid on Monday as a deadline on US stimulus talks looms and coronavirus cases continue to rise, and ConocoPhillips is betting on a post-pandemic oil recovery with its plans to buy Concho Resources for $9.7bn. Plus, the FT’s greater China correspondent, Kathrin Hille, explains why Chinese companies of all stripes are rushing into the country’s semiconductor industry. US stocks slide as stimulus deadline loomshttps://www.ft.com/content/6c0fd8ae-618e-42e9-8537-b6f6a4558ac2ConocoPhillips to buy rival Concho in $9.7bn dealhttps://www.ft.com/content/1da54146-244a-4e42-a90d-415298db3866Chinese groups go from fish to chips in new ‘Great Leap Forward’ https://www.ft.com/content/46edd2b2-1734-47da-8e77-21854ca5b212 Hosted on Acast. See acast.com/privacy for more information.

10/20/2020 • 9 minutes, 57 seconds

FT News Briefing - Winamp (997)

European double-dip recession concerns, Sunak dangles lockdown money, Brexit market

Economists worry rising coronavirus infections and fresh government restrictions will cut short the region’s recent recovery, and UK chancellor Rishi Sunak is preparing to release tens of millions of pounds to end a coronavirus restriction deadlock with leaders in Greater Manchester. Plus, investors are keeping a close eye on sterling as the Brexit transition period nears the end. The FT’s Katie Martin will take a look at Brexit’s impact on sterling and the markets. Europe’s economy is sliding towards a double-dip recessionhttps://www.ft.com/content/700355e2-362c-4f9f-a24e-ddc9f6ea9cb0Sunak ready to release ‘tens of millions’ to secure Manchester Covid deal https://www.ft.com/content/68e8e775-e69c-492c-bef2-a1c2863f5167 Hosted on Acast. See acast.com/privacy for more information.

10/19/2020 • 10 minutes, 45 seconds

FT News Briefing - Winamp (998)

Remdesivir and Covid-19 deaths, Johnson set to force no deal, suburbanites in US election

The World Health Organization has found the Covid-19 treatment remdesivir does little to prevent deaths and Boris Johnson could push Brexit talks into crisis on Friday. Plus, the FT’s Washington bureau chief Demetri Sevastopulo explains why suburban women might be the key to victory when it comes to the US presidential election. Remdesivir has little effect on Covid-19 mortality, WHO study sayshttps://www.ft.com/content/ee9b611f-2b4b-4572-afe1-b0b804d17a94Summit ‘atmospherics not good’ as Brussels seen as dragging its feet on trade deal https://www.ft.com/content/252d3ea4-0ddf-498b-b993-59c13b0de004 Hosted on Acast. See acast.com/privacy for more information.

10/16/2020 • 10 minutes, 12 seconds

FT News Briefing - Winamp (999)

Investors unimpressed by US bank earnings, Paris and The Hague team up on EU tech, Amazon logistics

France and the Netherlands jointly issued a call for the bloc’s competition authorities to take pre-emptive measures against big tech companies, and investors have been unimpressed by recent US bank earnings despite lower loan loss provisions. Plus, the FT’s Dave Lee explains whether Amazon will be able to handle the logistical hurdles thrown its way this holiday season. Falling interest rates drag on Bank of America and Wells Fargo profitshttps://www.ft.com/content/8b8a4bec-6d28-462e-a18f-73b4856e1fc7Amazon braces for winter of demand with relentless expansionhttps://www.ft.com/content/9cd8038e-b38c-40d6-b2db-8f6e01cd166a?France and Netherlands join forces to back EU move against tech giantsft.com/content/4a9ed79e-c8c8-4b47-8055-1cd029541c32 Hosted on Acast. See acast.com/privacy for more information.

10/15/2020 • 9 minutes, 3 seconds

FT News Briefing - Winamp (1000)

WTO Boeing-Airbus ruling, IMF’s warning, short-sellers target pandemic winners

The EU has been given the green light to hit almost $4bn of US goods with punitive tariffs in retaliation for illegal state aid to Boeing, and the IMF said the coronavirus crisis will wreak “lasting damage” on people’s living standards across the world. Plus, some hedge funds are betting that the best days for the stock market’s coronavirus winners are in the past.EU given green light to hit US with tariffs in Airbus-Boeing rulinghttps://www.ft.com/content/3198d2ef-c3bb-44b9-a1e0-b27d9c1483dePandemic will cause ‘lasting damage’ to living standards, IMF warnshttps://www.ft.com/content/8b286455-d9ed-42a9-b933-5a1d3f4f08b2Hedge fund short sellers target pandemic winners ft.com/content/0a14e904-5fac-41bd-a9b4-a8a588db15c5?Apple enters the 5G market with new line of iPhoneshttps://www.ft.com/content/eac7ed4b-5fb4-4f0e-944d-f5f61300bd12 Hosted on Acast. See acast.com/privacy for more information.

10/14/2020 • 8 minutes, 45 seconds

FT News Briefing - Winamp (1001)

US equities taking election polling to heart, US banks kick off earnings season, UK lockdowns

US stocks built on last week’s rally with investors assessing US presidential election polls that show a strong lead for former vice-president Joe Biden, and unemployment looks set to hit the UK’s youth the hardest with the country’s economy facing a sharp slowdown. Plus, the FT’s US finance editor, Rob Armstrong, explains why US banks might suddenly be hoping for a Democratic wave and what their most recent earnings could look like. Wall Street rallies as angst over contested US election waneshttps://www.ft.com/content/1dcbbed2-6d9e-4898-98bf-00e98a19eb5bFive things to watch in US bank earnings seasonhttps://www.ft.com/content/2604ab01-c562-4601-a8d6-921825a9e4aeUK’s youth count the cost of the Covid pandemicft.com/content/1220ba66-de09-4507-8616-ef112cd2c109?Samuel Brittan, economics editor, 1933-2020https://www.ft.com/content/b763bf06-3fc2-4e95-9fe6-a17acf3d8f3b Hosted on Acast. See acast.com/privacy for more information.

10/13/2020 • 9 minutes, 38 seconds

FT News Briefing - Winamp (1002)

EU targets Big Tech with ‘hit list’, EM countries call for ambitious debt relief, EU countries on Brexit progress

EU regulators are drawing up a “hit list” of up to 20 large internet companies that will be subject to new and far more stringent rules, and government ministers of poor and indebted nations plead for more ambitious debt relief programmes. Plus, FT’s Brexit editor David Bond speaks with Sam Fleming and Victor Mallet about how European countries are viewing the progress of Brexit talks. EU targets Big Tech with ‘hit list’ facing tougher rulesft.com/content/c8c5d5dc-cb99-4b1f-a8dd-5957b57a7783?Emerging economies plead for more ambitious debt relief programmesft.com/content/edb18d34-844b-43b5-a78a-fec73f1d0583? Hosted on Acast. See acast.com/privacy for more information.

10/12/2020 • 9 minutes, 25 seconds

FT News Briefing - Winamp (1003)

A new cold war, whiskey in days

Tensions between Washington and Beijing reflect a shift in how America views Asia’s superpower. We'll look at how both Joe Biden and Donald Trump are handling China in the presidential campaign. Plus, why a Silicon Valley start-up has decided to disrupt whiskey. How the US elite became hawks on Xi’s Chinahttps://www.ft.com/content/75ce186e-41f7-4a9c-bff9-0f502c81e456Silicon Valley start-up launches ‘Nespresso machine’ for whiskyhttps://www.ft.com/content/3926e3bf-352b-4c47-8acb-d9b47dfa11cb Hosted on Acast. See acast.com/privacy for more information.

10/9/2020 • 10 minutes, 4 seconds

FT News Briefing - Winamp (1004)

Lilly Covid drug, Vatican derivatives, UK mining corruption probe

Eli Lilly, a US drugmaker, has applied for an emergency authorisation of its Covid-19 antibody in the US. According to documents seen by the Financial Times, the Vatican invested donations for the needy in derivatives that bet on the creditworthiness of Hertz. And the FBI picks up the case of two men found dead in a hotel room in Missouri; British prosecutors had seen the men as potential witnesses in a corruption probe into the multibillion-dollar mining house, Eurasian Natural Resources Corporation. Lilly seeks emergency approval for Covid drughttps://www.ft.com/content/dc7d2abf-1cd2-40db-b040-27b3d9031e8bVatican used charity funds to buy Hertz credit derivativeshttps://www.ft.com/content/f966e8b4-945a-45d0-8391-a305b3d8f7f5Silent witnesses: what do three corpses have to do with a corruption case?https://www.ft.com/content/7dc13ec9-721c-41a7-8423-daeb9a743e9a Hosted on Acast. See acast.com/privacy for more information.

10/8/2020 • 11 minutes, 9 seconds

FT News Briefing - Winamp (1005)

US stimulus talks end, Macy’s buys stake in Swedish fintech

Donald Trump abruptly broke off talks with congressional Democrats on a new fiscal stimulus package until after next month’s presidential election, and economists estimate the coronavirus pandemic has put millions more workers across the developed world out of jobs than official unemployment statistics suggest. Plus, why US department store chain Macy’s is set to take a stake in Europe’s highest valued private fintech. Trump calls off stimulus talkshttps://www.ft.com/content/9f130c9c-fb1e-4d05-8864-1c8ac08c54bbHidden joblessness threatens economic recovery in US and Europehttps://www.ft.com/content/ec3d88dc-0dc1-4f6e-adf7-37e8f4316a22Macy’s takes stake in Klarna as part of payment partnershiphttps://www.ft.com/content/c2a26072-8c45-4ce3-9249-bd5b856bbe1c Hosted on Acast. See acast.com/privacy for more information.

10/7/2020 • 10 minutes

FT News Briefing - Winamp (1006)

Trump returns to White House, a fight over lithium batteries

Donald Trump returned to the White House on Monday evening after three days of hospital treatment for coronavirus, although his doctor warned that the president was not yet “out of the woods”. Plus, the IMF is instructing rich countries to spend on infrastructure, and a court case over trade secrets between two South Korean companies could affect the future of electric cars in the United States. Donald Trump returns to White House after three days in hospitalhttps://www.ft.com/content/4909a63c-8f7d-4621-9fba-73b5dac2ee5cIMF calls on rich nations to boost public investmenthttps://www.ft.com/content/fc7ad858-0fdd-401e-bce5-796a8353ba30Stakes are high in bitter battle over battery secretshttps://www.ft.com/content/98678ea4-7eba-4873-8815-47b0efe7c9df Hosted on Acast. See acast.com/privacy for more information.

10/6/2020 • 11 minutes, 57 seconds

FT News Briefing - Winamp (1007)

Trump’s Covid-19 case prompts questions, financial services in a post-Brexit world

Donald Trump’s doctors said the president could be discharged from hospital today, after a weekend of mixed messages from the White House concerning Mr Trump’s health. Plus, the FT’s Brexit editor, David Bond, talks with the FT trading room editor Philip Stafford about what financial services will look like after Brexit.  Trump’s doctor says he could be out of hospital on Mondayhttps://www.ft.com/content/f331c9b9-6f2b-4cd5-831c-00cc10929940Brexit and the City: Brussels’ new battle to rival London in financehttps://www.ft.com/content/dd7e6828-f603-47bf-bdd7-61e9dcb5f9acBrussels’ next financial policy chief warns of Brexit frictionshttps://www.ft.com/content/d80ccc42-9156-4f9f-a103-6a8faa33014b Hosted on Acast. See acast.com/privacy for more information.

10/5/2020 • 11 minutes, 2 seconds

FT News Briefing - Winamp (1008)

Trump tests positive for Covid-19, EU sues UK over internal market bill, Trump & Biden compete over Ohio

Donald Trump and his wife Melania have tested positive for Covid-19 and will start quarantine barely a month before the US presidential election, US personal income dropped by 2.7 per cent in August after the lapse of emergency unemployment benefits, and Brussels is suing the UK over plans to violate last year’s Brexit withdrawal agreement. Plus, the FT’s Washington bureau chief Demetri Sevastopulo explains why Ohio might be the key to the US presidential election. US personal income falls after lapse of Covid benefits https://www.ft.com/content/314c74e3-984c-4bde-bb03-8a05622be305Brussels launches legal action against UK over Brexit deal breachhttps://www.ft.com/content/8389cc9c-3ced-47f1-a85e-710ad20468a2The battle for Ohio: Trump tries to retain edge with working classhttps://www.ft.com/content/8d3e2e6f-3f40-4d1c-905f-b2dd416d055dBiden vs Trump: who is leading the 2020 US election polls?https://ig.ft.com/us-election-2020/Playboy returns to public markets through Spac dealhttps://www.ft.com/content/d79065d3-b6d4-4991-9033-d48dcc383c68 Hosted on Acast. See acast.com/privacy for more information.

10/2/2020 • 10 minutes, 55 seconds

FT News Briefing - Winamp (1009)

Moderna CEO: no vaccine before US election, digitising Japan’s economy, west’s gold investment

Moderna Therapeutics’s chief executive told the Financial Times that the company would not have a vaccine ready before the US election, and Japan adjusts for a digital economy. Plus, the FT’s metals and mining correspondent, Henry Sanderson, explains how western investors’ interest in gold is driving up its price. Moderna chief says its vaccine won’t be ready before US electionhttps://www.ft.com/content/9b242ecc-3dce-4534-9171-cdf624468a2aJapan’s digital leap forward — and about time toohttps://www.ft.com/content/5b8c7ee3-2981-4446-92af-6a8499302210The new gold rush: western investors offset soft eastern demand https://www.ft.com/content/8a53dbaf-8210-4c60-8753-e3018fa1b1e1 Hosted on Acast. See acast.com/privacy for more information.

10/1/2020 • 10 minutes, 12 seconds

FT News Briefing - Winamp (1010)

US presidential debate recap, EY’s Wirecard warning, JPMorgan spoofing settlement

The first presidential debate quickly turned chaotic, and JPMorgan Chase will have to pay $920m in the largest ever spoofing settlement. Plus, the FT’s Olaf Storbeck uncovers that EY was made aware of potential wrongdoing at Wirecard as far back as 2016. Joe Biden and Donald Trump clash in ill-mannered presidential debatehttps://www.ft.com/content/c77fa4ff-3278-4258-9033-8b62adcdbba5EY whistleblower warned of Wirecard fraud four years before collapse ft.com/content/3b9afceb-eaeb-4dc6-8a5e-b9bc0b16959d?JPMorgan to pay $920m in largest-ever spoofing settlementhttps://www.ft.com/content/f2c918c2-2659-4513-8851-cc40379d4840 Hosted on Acast. See acast.com/privacy for more information.

9/30/2020 • 10 minutes, 55 seconds

FT News Briefing - Winamp (1011)

Monday’s global equity market rebound, US voter suppression, 60/40 portfolio

European stocks lead a global rally on Monday driven by investors scooping up shares in beaten-down sectors, and Donald Trump is beating back allegations of tax avoidance and voter suppression ahead of tonight’s US presidential debate. Plus, the FT’s Michael MacKenzie will explain why investors are rethinking the traditional 60/40 portfolio. Financials lead global equity market reboundhttps://www.ft.com/content/f189b5b1-1e08-4ff1-9994-f1c89d9c1a79Biden portrays Trump as tax dodger after new revelationshttps://www.ft.com/content/68c6f5a0-2080-4f60-8dec-9043a590c838Investors wonder if the 60/40 portfolio has a futurehttps://www.ft.com/content/fdb793a4-712e-477f-9a81-7f67aefda21a Hosted on Acast. See acast.com/privacy for more information.

9/29/2020 • 10 minutes, 38 seconds

FT News Briefing - Winamp (1012)

Argentina bonds back in hot water, Swiss immigration vote, Scottish independence

Argentina’s newly restructured dollar bonds have slumped in value less than a month after a deal was finalised to postpone debt payments, and Swiss voters have defeated a nationalist initiative to tear up their free-movement agreement with Brussels. Plus, the FT’s Mure Dickie explains how Scotland’s push for independence is influencing Brexit talks. Argentina bonds ‘back in hot water’ just weeks after restructuring dealft.com/content/fd786d9b-18b4-4ed3-a531-6af3d2eb5c24?Nicola Sturgeon revives plans for second Scottish independence vote https://www.ft.com/content/0f0ecf40-f30a-482e-9902-d74276bdc43fSwiss voters reject nationalist proposal to curb immigrationft.com/content/5a642ce6-1a76-460c-9857-b880b0fb7bc0 Hosted on Acast. See acast.com/privacy for more information.

9/28/2020 • 9 minutes, 55 seconds

FT News Briefing - Winamp (1013)

US Supreme Court nomination, Trump will not commit to a peaceful transition of power

The FT’s DC bureau chief Demetri Sevastopulo explains the politics behind Donald Trump’s soon to be revealed Supreme Court justice nominee. Plus, why Donald Trump will not commit to a peaceful transition of power and a preview of next week’s first presidential debate between Trump and Democratic nominee Joe Biden How Trump’s Supreme Court pick could reshape law on abortion and gunshttps://www.ft.com/content/de654768-67f5-482d-893b-24107b45113bDonald Trump steps up fight over Supreme Court nomineehttps://www.ft.com/content/a08b21d4-3745-4aa2-83de-04a06013d026 Hosted on Acast. See acast.com/privacy for more information.

9/25/2020 • 10 minutes, 40 seconds

FT News Briefing - Winamp (1014)

EU to crack down on sweetheart corporate tax deals, TikTok injunction, Turkey central bank

Brussels steps up its campaign against sweetheart corporate tax deals in the EU, TikTok has asked a federal judge to prevent the Trump administration from blocking downloads of the video-sharing app, and the pandemic caused workers around the globe to lose more than $3.5tn of income. Plus, Turkey’s lira is struggling despite the government’s best efforts to lift the currency. The FT’s Laura Pitel explains if the country’s central bank can do anything about it. Brussels ready to clamp down on sweetheart corporate tax dealsft.com/content/7c156756-57a1-4554-af78-d795a41d13f9?edit=trueTikTok requests injunction against ban deadlinehttps://www.ft.com/content/e8c5cb67-f16b-4790-8617-f142f4dc013aPandemic knocks a tenth off incomes of workers worldwidehttps://www.ft.com/content/fabd4737-fa29-45ca-ad62-1b04c71d7b6aLira sinks even as Turkey spends billions of dollars to prop it uphttps://www.ft.com/content/737b5d1a-64d0-4e2d-8ca1-e7bcd4ff4487 Hosted on Acast. See acast.com/privacy for more information.

9/24/2020 • 9 minutes, 15 seconds

FT News Briefing - Winamp (1015)

Advertisers call truce with Facebook, coronavirus job toll, BoE on negative rates in near future

Facebook, YouTube and Twitter have reached a deal with big advertisers on harmful content, the Covid-19 pandemic will destroy at least 100m jobs worldwide this year and the Bank of England rules out negative interest rates in the near future. Plus, the FT’s Brussels bureau chief, Sam Fleming, explains how the European Union is preparing its financial centers once the UK leaves the bloc. Advertisers strike deal with Facebook and YouTube on harmful contentft.com/content/d7957f86-760b-468b-88ec-aead6a558902?Andrew Bailey rules out UK negative rates in near futurehttps://www.ft.com/content/ecc4a23d-f175-41e9-8f07-852dbe03d062Brexit and the City: Brussels’ new battle to rival London in financehttps://www.ft.com/content/dd7e6828-f603-47bf-bdd7-61e9dcb5f9ac Hosted on Acast. See acast.com/privacy for more information.

9/23/2020 • 9 minutes, 7 seconds

FT News Briefing - Winamp (1016)

Stocks dive on Monday, Tiffany gets speedy trial, Tesla’s annual stockholder meeting

Global stocks suffered a heavy hit on Monday in a rush of nerves about potential new Covid-19 lockdowns, and LVMH’s attempt to walk away from its $16.6bn takeover of Tiffany will go to trial in January. Plus, the FT’s Richard Waters will explain what is in store for Tesla’s Battery Day today and whether the car company can fight off the competition. Global stocks sink on fears of new Covid lockdownshttps://www.ft.com/content/7da536fa-1e96-461c-8172-4aa6c5a8fa8eTiffany gets speedy trial over LVMH’s bid to ditch takeover dealft.com/content/e7b7f86b-28c7-4cec-a282-7e8dee63e425?Beyond the market hype: Tesla tries to expand its lead in batterieshttps://www.ft.com/content/2e5731a1-c7ac-4f3e-ba0a-d9bae5b7fa67 Hosted on Acast. See acast.com/privacy for more information.

9/22/2020 • 8 minutes, 48 seconds

FT News Briefing - Winamp (1017)

UK weighs new lockdown, ECB measures bond buying program, Trump on Chinese tech

Rishi Sunak is set to extend the Treasury’s UK-wide programme of business support loans ahead of what’s expected to be a challenging winter for Covid-19, the European Central Bank has launched a sweeping review of its main pandemic crisis-fighting tool, and Donald Trump has said that the new Oracle-ByteDance partnership will finance a “patriotic” education fund. Plus, the FT’s US energy editor Derek Brower will explain whether the poisoning of Russian activist Alexei Navalny will affect the completion of the Nord Stream 2 pipeline. Sunak to extend business support loans as Covid-19 spread worsens ft.com/content/dfdff1fd-503a-4231-812f-40be4cc4c2b7?ECB to review flagship bond-buying tool in fighting Covid crisishttps://www.ft.com/content/8ff55eff-ed3a-49db-b26a-2f49fa7822d4Doubts surround ‘education fund’ at heart of US TikTok dealhttps://www.ft.com/content/4a9bb9aa-45e3-43b2-9759-3313751ffc8bEU gas groups exposed as pipeline politics threaten Nord Stream 2https://www.ft.com/content/2c713b40-ae7f-47a7-b050-e91ca0879c8f Hosted on Acast. See acast.com/privacy for more information.

9/21/2020 • 10 minutes, 32 seconds

FT News Briefing - Winamp (1018)

ByteDance pledges TikTok IPO, Mulvaney on Brexit, Biden tries to win with Latino voters

ByteDance has agreed to list TikTok on a US stock market at some point after its proposed partnership deal with American software group Oracle, and Donald Trump ’s special envoy to Northern Ireland has warned against creating a “hard border by accident”. Plus, the FT’s Demetri Sevastopulo explains why Democratic US presidential nominee Joe Biden is struggling with Latino voters. ByteDance proposes US IPO for TikTok to woo White Househttps://www.ft.com/content/8d2c74d6-d742-4fa9-b7cf-5af9bb85af6bTrump’s Northern Ireland envoy issues border warningft.com/content/e71b7301-4b35-4a13-bee2-f9446b438e05Biden struggles to close enthusiasm gap with Latino votersft.com/content/a8d65f78-6656-4ed5-a908-695a8be54f48 Hosted on Acast. See acast.com/privacy for more information.

9/18/2020 • 10 minutes, 44 seconds

FT News Briefing - Winamp (1019)

Fed eyes low rates until 2023, Trump calls for stimulus, Snowflake IPO

The Federal Reserve projects no interest rate increases until at least the end of 2023, and US President Donald Trump has urged Senate Republicans to increase the size of their stimulus proposal. Plus, the FT’s Miles Kruppa explains the excitement behind cloud computing company Snowflake's initial public offering. Fed signals rock-bottom rates until at least end of 2023https://www.ft.com/content/827302da-4257-4bbc-a0fa-9bc98f65d661Trump nudges Republicans to increase economic stimulus offerhttps://www.ft.com/content/e7228443-36ad-4fe9-aa2c-2d0ddefda12bSnowflake doubles in first trades after largest-ever software IPOhttps://www.ft.com/content/eb8e37c9-b4a5-4b4c-a3cf-2eeac98a8f2b Hosted on Acast. See acast.com/privacy for more information.

9/17/2020 • 7 minutes, 46 seconds

FT News Briefing - Winamp (1020)

TikTok set to become standalone US company, central banks preview, Nikola fights off fraud claims

ByteDance will place TikTok’s global business in a new US-headquartered company with Oracle investing as a minority shareholder, FedEx delivered a forecast-beating fiscal first quarter on the back of strong demand for international shipping, and investors will look to the Federal Reserve’s policy-setting committee today for more detail on the central bank’s new inflation policy. Plus, the FT’s motor industry correspondent, Peter Campbell, explains how truckmaker start-up Nikola is defending itself after a short seller’s report claimed the business was an “intricate fraud”.TikTok set to become a standalone US company to satisfy White Househttps://www.ft.com/content/58eb7c26-2154-477f-af19-19157ae29261FedEx results deliver as pandemic drives ecommerce boomhttps://www.ft.com/content/86e2dc79-e662-3d6f-8252-4ff5fe979fdd#post-54430US Justice Department inquires into Nikola fraud claimshttps://www.ft.com/content/a45a6638-167b-4e27-a9fd-576e7229f959Germany to take in 2,750 migrants from Greek campshttps://www.ft.com/content/50be2fb8-215e-4780-8ece-3163e9ed0819 Hosted on Acast. See acast.com/privacy for more information.

9/16/2020 • 9 minutes, 37 seconds

FT News Briefing - Winamp (1021)

White House reviews TikTok deal, Nvidia’s Arm Holdings deal, VW on ‘Dieselgate’

The Trump administration will review the “technical partnership” deal struck between Oracle and ByteDance before deciding whether to approve the agreement, Nvidia’s $40bn agreed purchase of Arm Holdings gives the US company control over a technology that powers everything from mobile devices to data centres, and a Volkswagen executive claims scandals such as “Dieselgate” could no longer pass undetected at Volkswagen. Plus, the FT’s venture capital correspondent, Miles Kruppa, explains what the Trump Administration is considering as it reviews the partnership agreement between ByteDance and Oracle.  Trump administration to review Oracle’s TikTok deal this weekhttps://www.ft.com/content/0ccd4a25-381f-46a7-a9e6-ee12ecf1aa88Nvidia secures control of key global tech with $40bn Arm dealhttps://www.ft.com/content/5bc5d0dc-24cd-407f-9fde-0d38c157d833Dieselgate could not happen again, VW executive claimshttps://www.ft.com/content/777cee39-f811-47d5-9841-5952f9a8bab7?Carlos Ghosn’s deputy goes on trial in Japanhttps://www.ft.com/content/03d8a98b-07b1-4d33-b837-64f065446448? Hosted on Acast. See acast.com/privacy for more information.

9/15/2020 • 9 minutes, 46 seconds

FT News Briefing - Winamp (1022)

SoftBank take-private talks, Netflix to outspend on content, economic stimulus in Germany vs France

SoftBank executives have revived discussions about taking the technology group private, and Netflix is expected to outspend all its major rivals on entertainment content this year. Plus, the FT’s Europe editor, Ben Hall, explains why France and Germany took different approaches to Covid-19 stimulus and why France’s might be considered more of a gamble.  SoftBank executives revive talks on taking Japanese group privateft.com/content/a83648a9-62fe-41d2-88e4-870fb2665b60?Netflix to take crown for spending on films and televisionft.com/content/7d66dd4c-440c-44d3-a234-39346fb69a91?France launches €100bn coronavirus recovery planft.com/content/0921c871-17b5-4e2e-bdea-aab78c2d0090Germany’s ‘ka-boom’ stimulus marks a surprising changehttps://www.ft.com/content/29ddcad4-aa2c-11ea-a766-7c300513fe47Oracle wins bidding war for TikTok’s US operationshttps://www.ft.com/content/4860ec09-212b-45c2-9cc3-27f731816130? Hosted on Acast. See acast.com/privacy for more information.

9/14/2020 • 10 minutes, 42 seconds

FT News Briefing - Winamp (1023)

Brussels threatens UK with legal action, Citi’s new CEO, Japan PM favourite

Brussels has threatened legal action over the UK Brexit treaty breach, and Citigroup will become the first big Wall Street Bank to be run by a female chief executive after appointing Jane Fraser as Mike Corbat’s successor. Plus, the FT’s Tokyo Bureau chief, Robin Harding, will give us a glimpse of what Japan might look like under prime ministerial frontrunner Yoshihide Suga. Citi becomes first big Wall Street bank to be run by female CEO https://www.ft.com/content/029264f1-f9a6-44c4-aa3e-86c7d50e3b55Suganomics’ from A to Z: policies of Japan’s PM frontrunnerhttps://www.ft.com/content/4741f081-cc97-4a46-bdcf-50cdb6336808Russian hackers are targeting both US parties, Microsoft sayshttps://www.ft.com/content/29476d87-0eab-4d2b-b3a6-58e3536807ef Hosted on Acast. See acast.com/privacy for more information.

9/11/2020 • 9 minutes, 44 seconds

FT News Briefing - Winamp (1024)

Wall Street keeps investing in China, ECB to discuss strong euro, LVMH vs Tiffany

Some of Wall Street’s most powerful financial institutions are striking deals in China even as relations sour between Beijing and the US, and the European Central Bank will address the strong euro situation...without using its most effective tool. Plus, the FT’s James Fontanella-Khan on why LVMH says it can no longer complete a $16.6bn deal with US jewelry company, Tiffany. Wall Street brushes off political tensions to dig deeper into Chinahttps://www.ft.com/content/01f92c8b-11dc-431c-adaf-c299e3964ff1?ECB will struggle to rein in the euro, say investorshttps://www.ft.com/content/5d935f19-9891-48bb-bfbf-482818de8b63LVMH says it cannot complete Tiffany takeover after France intervenes https://www.ft.com/content/a3dcc777-ab12-4ee9-a147-54de1ac0f7e7The FT’s New Economic Reality event  https://nersciencemarkets.live.ft.com/home?segmentId=dc611fd0-c193-49f1-dc6a-217255a89d6c&utm_campaign=FEEAK Hosted on Acast. See acast.com/privacy for more information.

9/10/2020 • 9 minutes, 56 seconds

FT News Briefing - Winamp (1025)

Apple countersues Epic Games, Slack revenue growth slowdown, Brexit friction

Workplace messaging app Slack forecast a sharp revenue slowdown in the current quarter from the loss of customers due to the economic downturn, Apple has countersued Epic Games and accused it of masquerading as a “modern corporate Robin Hood”, and a look at SoftBank’s role as the “Nasdaq whale”. Plus, the FT’s Peter Foster explains how the UK is in danger of jeopardizing its Brexit withdrawal agreement with the EU.  Hosted on Acast. See acast.com/privacy for more information.

9/9/2020 • 8 minutes, 46 seconds

FT News Briefing - Winamp (1026)

How the world has changed six months into the coronavirus pandemic

It has been about six months since coronavirus shook the west. We’ll talk to the FT’s Gillian Tett and Hannah Kuchler about how the pandemic has changed the global economy and the medical industry community in such a short amount of time.  Hosted on Acast. See acast.com/privacy for more information.

9/8/2020 • 10 minutes

FT News Briefing - Winamp (1027)

US tech stocks volatility, Apple’s commits to free speech and human rights policy, US space weapons

The technology stocks that have powered US equities to record highs this summer went into sharp reverse on Thursday, and Apple has for the first time published a human rights policy that commits to respecting “freedom of information and expression”. Plus, the FT’s Katrina Manson will explain why the US military is eyeing a new generation of space weapons. US shares slide 3.5% as tech stocks go into sharp reversehttps://www.ft.com/content/acbd4efd-e8ef-4d16-bf0c-83fc4df83601Apple commits to freedom of speech after criticism of China censorshipft.com/content/a88f5d3d-0102-4616-8b3f-cb0661ba305d?US military officials eye new generation of space weaponshttps://www.ft.com/content/d44aa332-f564-4b4a-89b7-1685e4579e72 Hosted on Acast. See acast.com/privacy for more information.

9/4/2020 • 8 minutes, 38 seconds

FT News Briefing - Winamp (1028)

ECB worries about strong euro, DHL warns of vaccine delivery issues, KKR eyes Japan

The euro’s rise has top policymakers at the European Central Bank worried, German logistics giant Deutsche Post DHL has warned that two-thirds of the world’s population is unlikely to have easy access to any Covid-19 vaccine that needs to be kept frozen, and KKR is doubling down on its operations in Japan. Plus, the FT’s Demetri Sevastopulo explains why US president Donald Trump is toning down his rhetoric on US-China trade issues. Rising euro has ECB worried about falling pricesft.com/content/c986281c-7154-48ac-939d-50e46d64c0ee? DHL warns of Covid-19 vaccine delivery problemsft.com/content/52d40ce8-4f6b-4068-8c48-b98fa0f7740b? KKR homes in on Japan as cash-strapped companies offload assetsft.com/content/d59ea8fd-549c-4b0f-b558-e34f53b18f7d?Why Trump no longer talks about the trade deficit with Chinaft.com/content/081e6d25-8d67-4caa-918a-2765a66f0052? Hosted on Acast. See acast.com/privacy for more information.

9/3/2020 • 9 minutes, 2 seconds

FT News Briefing - Winamp (1029)

Investors brace for choppiness ahead of US election, Scottish independence, weak US dollar

Traders ratchet up bets on a particularly turbulent US presidential election and a potentially messy aftermath, Nicola Sturgeon revives plans for a possible second Scottish independence referendum, and black former McDonald’s franchisees are suing the fast-food group over discrimination allegations. Plus, the FT’s economics editor, Chris Giles, explains how a weak US dollar is affecting the global economy. Investors gird for choppy markets as race for White House heats up ft.com/content/9ed5be3b-ecfb-4485-a8ff-4b80ee40de5bNicola Sturgeon revives plans for second Scottish independence votehttps://www.ft.com/content/0f0ecf40-f30a-482e-9902-d74276bdc43fMcDonald’s accused of discriminating against black franchiseeshttps://www.ft.com/content/86b89841-4428-4031-9b6d-6341bf6f7cadGlobal economy unlikely to benefit from falling dollarhttps://www.ft.com/content/83c16626-f617-4bb3-872e-fd6723a36c11Google and Apple build contact tracing app https://www.ft.com/content/0ed38c49-fafe-4e7b-bd57-44c705ba52f7 Hosted on Acast. See acast.com/privacy for more information.

9/2/2020 • 9 minutes, 28 seconds

FT News Briefing - Winamp (1030)

Argentina debt holders greenlight restructuring, Lebanon’s new PM, European contact tracing woes

Argentina has succeeded in restructuring almost all of its $65bn debt with private creditors, global equities enjoy their best August since 1986, and Lebanon appoints Mustapha Adib as the country’s next prime minister as French president Emmanuel Macron visits Beirut. Plus, the FT’s Donato Paolo Mancini explains why Europe’s contact tracing efforts are struggling. Argentina clinches near-unanimous backing for debt restructuringft.com/content/e3e8b783-9455-46f3-946f-15c31a29778bGlobal equities complete hottest August since 1986ft.com/content/b37fc114-57e2-4f5e-b4b4-e373dbcd58ccLebanon picks PM as Macron meets celebrated singer Fairuzhttps://www.ft.com/content/eea244c3-39f7-4827-876f-46e1e28c7d8bEurope’s fractured contact tracing linked to post-holiday Covid-19 surge ft.com/content/86a818bb-a5d7-495c-98c8-6209f019ca71?United Airlines scraps change fees for domestic ticketshttps://www.ft.com/content/a686e554-1e9e-424d-9b6e-0df841f68bb6 Hosted on Acast. See acast.com/privacy for more information.

9/1/2020 • 8 minutes, 30 seconds

FT News Briefing - Winamp (1031)

EU’s raw materials warning, Abe replacement, why Wirecard’s auditors failed

The European Commission plans to warn member states that the EU is overly reliant on importing critical raw materials, and Japan is getting ready to pick a new prime minister after Shinzo Abe announced he is resigning.  Plus, the FT’s tax and accountancy correspondent, Tabby Kinder, explains why - despite auditors’ promises to change after the Wirecard scandal -  things in the industry might stay the same. EU sounds alarm on critical raw materials shortagesft.com/content/8f153358-810e-42b3-a529-a5a6d0f2077f?Japan set for new PM in weeks as Shinzo Abe’s party plans speedy votehttps://www.ft.com/content/343dac7a-8260-46cc-a0b2-a4e37ba595e0PwC pledges to review fraud detection after Wirecard scandal shakes industryhttps://www.ft.com/content/c7dfdff2-e834-434d-aa0c-7876dc04a9a5 Hosted on Acast. See acast.com/privacy for more information.

8/31/2020 • 9 minutes, 35 seconds

FT News Briefing - Winamp (1032)

Walmart joins Microsoft in TikTok bid, Fed moves on inflation policy, US athletes sit out games

Walmart is partnering with Microsoft in its bid for the US operations of TikTok, and the Federal Reserve is adopting a new strategy for monetary policy that will be more tolerant of temporary increases in inflation. Plus, the FT’s Sara Germano explains how walkouts by professional US athletes are influencing the conversation about police brutality and racial injustice. Walmart enters race for TikTok US with Microsoft partnershiphttps://www.ft.com/content/70551adb-7a6e-47a1-a6d1-070efaa957fdFed to tolerate higher inflation in policy shifthttps://www.ft.com/content/e1e59faa-5005-4e1c-9d54-b1a8d4de9586Black athletes boycott US sports leagues as protests escalate after Blake shootinghttps://www.ft.com/content/c7bb647a-e5fb-4644-8446-9afb69a8e363 Hosted on Acast. See acast.com/privacy for more information.

8/28/2020 • 8 minutes, 53 seconds

FT News Briefing - Winamp (1033)

WHO skips Wuhan, Phil Hogan resigns, Hurricane Laura, Jackson Hole preview

Western governments are concerned that a World Health Organization team investigating the origins of coronavirus did not visit Wuhan, EU trade commissioner Phil Hogan has resigned after a Covid-19 misstep, and Hurricane Laura is expected to wreak havoc on US oil refinery hubs near the Gulf of Mexico. Plus, the FT’s James Politi previews what this year’s all-virtual Jackson Hole central bankers’ symposium will look like. Fears over virus probe rise after WHO team fails to visit Wuhanft.com/content/f9dea077-66fb-4734-9d1d-076dc93568e1?EU trade commissioner set to resign after furore over Irish dinnerhttps://www.ft.com/content/f53a2bbc-97d6-484d-92e0-7907759cdd93Hurricane Laura threatens to bring ‘unsurvivable’ surge to US Gulfhttps://www.ft.com/content/86d7cac1-210e-49a9-a3ab-9b7b7bb5d8dfCentral bankers face virus hit to global economy at crisis forumhttps://www.ft.com/content/269eec67-1145-41b8-b97c-f43b293017fdLearn more about the FTWeekend Festival here: https://ftweekend.live.ft.com/ Hosted on Acast. See acast.com/privacy for more information.

8/27/2020 • 9 minutes, 11 seconds

FT News Briefing - Winamp (1034)

Covid-19 vaccine makers seek protections, US homebuilder stocks rise, Ant IPO

European vaccine makers want EU exemptions that would protect them if there are problems with new Covid-19 vaccines, and low interest rates have helped US homebuilder stocks surge to record highs. Plus, the FT’s James Fontanella-Khan explains why Ant Group chose to list its potentially record setting IPO outside the US. Covid-19 vaccine makers lobby EU for legal protectionhttps://www.ft.com/content/12f7da5b-92c8-4050-bcea-e726b75eef4d?Low rates help propel US homebuilder stocks to record highshttps://www.ft.com/content/9b54ab06-2d57-44a1-85c2-47c114589c22Ant Group reveals $2.6bn profit as it files for blockbuster IPOhttps://www.ft.com/content/b5f6fed2-2dcf-48dc-9097-a49bff5532dc Hosted on Acast. See acast.com/privacy for more information.

8/26/2020 • 8 minutes, 17 seconds

FT News Briefing - Winamp (1035)

India to cut Huawei gear from network, insurers bet on pandemic, US vaccine row

India is phasing out equipment from Huawei and other Chinese companies for its telecoms networks due to an escalating border dispute, investors have quietly poured billions of dollars into insurance companies this year betting on pandemic-driven returns, and there is a brewing debate over who will get first access to a coronavirus vaccine in the US. Plus, the FT’s Washington bureau chief, Demetri Sevastopulo explains how the Republican Party will handle Donald Trump’s legacy. India moves to cut Huawei gear from telecoms networkft.com/content/55642551-f6e8-4f9d-b5ba-a12d2fc26ef9?edit=trueInsurers bet that pandemic will usher in era of higher returnsft.com/content/eda1cdd1-3c0a-4fe5-b41e-173a85da79d8US braced for political row over who gets first Covid-19 vaccines ft.com/content/13f40024-46d9-49d5-a1d9-4f5a68e674aa?US election: a divided Republican party questions Trump legacyft.com/content/1521cb7b-44fe-47f3-bdac-92372a8ef129Note: This episode has been updated. Wisconsin police shot and wounded Jacob Blake on Sunday. Hosted on Acast. See acast.com/privacy for more information.

8/25/2020 • 10 minutes, 46 seconds

FT News Briefing - Winamp (1036)

Trump considers fast-tracking vaccine, dividends fall in pandemic, Neiman Marcus bankruptcy fallout

The Trump administration is considering fast tracking a UK Covid-19vaccine for use in America ahead of the presidential election, and new research shows global dividends have suffered the worst quarterly fall in a decade. Plus, the US editor of the FT’s Lex column, Sujeet Indap, explains why a hedge fund manager is in hot water over the Neiman Marcus bankruptcy case. Trump considers fast-tracking UK Covid-19 vaccine before US electionhttps://www.ft.com/content/b053f55b-2a8b-436c-8154-0e93dcdb3c1aGlobal dividends suffer worst quarterly fall since 2009ft.com/content/a136da68-4cc8-489f-9265-a719b11f75e6?Hedge fund manager admits ‘grave mistake’ in Neiman Marcus battlehttps://www.ft.com/content/084ba24b-a96b-4888-9bd4-c80001c0be07 Hosted on Acast. See acast.com/privacy for more information.

8/24/2020 • 9 minutes, 44 seconds

FT News Briefing - Winamp (1037)

Huawei’s war, Chinese banks in Hong Kong, and the future of office workers

Huawei employees are becoming increasingly worried about lay-offs after the US announced “death sentence” sanctions, Hong Kong investment bankers employed by Chinese groups are on track to outnumber those in the territory from Wall Street and international banks, and working remotely could lead companies to outsource employees’ jobs. Huawei employees worry about lay-offs after tougher US sanctionshttps://www.ft.com/content/1fccedf5-bf88-45fe-9a39-2ac378571693Chinese banks’ Hong Kong ranks on track to outnumber global rivalshttps://www.ft.com/content/abbbfcec-736c-47ba-b106-b1bdafebd099If you can do your job anywhere, can anyone do your job?https://www.ft.com/content/fe5a7907-14b9-4e61-9938-ec3dd9d06831Uber and Lyft win reprieve to keep operating in Californiahttps://www.ft.com/content/6b28cb8a-da35-4f02-87cd-780984e6a3ad Hosted on Acast. See acast.com/privacy for more information.

8/21/2020 • 9 minutes, 29 seconds

FT News Briefing - Winamp (1038)

Apple hits $2tn, Germany fears zombie companies, Biden goes green

Apple has hit a $2tn market capitalisation just two years after it became the world’s first trillion-dollar company, concern is growing in Germany that a rule introduced as part of the country’s emergency response to coronavirus is fuelling the creation of thousands of so-called zombie groups that could end up sapping the economy for years to come. Plus, as Joe Biden prepares to accept the Democratic nomination for president, he’s putting green energy at the centre of his campaign. Apple market value hits $2tnhttps://www.ft.com/content/ef09a97a-fcea-44d7-a5c0-5dc67becf286Germany haunted by spectre of zombie companieshttps://www.ft.com/content/5d5d1bc1-61a3-46a9-915c-1a1e6f2e5fd2Biden gambles on placing climate change at heart of US energy policyhttps://www.ft.com/content/2ac477e7-34a4-4c0e-b9f4-018cef47d67dAirbnb files for initial public offeringhttps://www.ft.com/content/a35a84b1-8177-40de-99d5-ca04d375cd3b Hosted on Acast. See acast.com/privacy for more information.

8/20/2020 • 9 minutes, 46 seconds

FT News Briefing - Winamp (1039)

Oracle considers TikTok, Putin and Belarus, and the rise of “blank-cheque companies”

Oracle has entered the race to acquire TikTok, EU leaders lined up to urge the Vladimir Putin to help steer Belarus out of its political crisis, and the US postmaster-general has reversed course on a series of controversial cost-cutting measures after Democrats claimed that they would hinder postal voting in the presidential election. Plus, a look at why special purpose acquisition companies are on the increase. Oracle enters race to buy TikTok’s US operationshttps://www.ft.com/content/272cfc69-b268-45ac-88d6-d55821f27e78Putin warns western leaders over ‘meddling’ in Belarushttps://www.ft.com/content/f96fdf91-6826-4af2-923d-ff14947fcd15US postal service delays cutbacks over election fearshttps://www.ft.com/content/2fb59ebf-4e84-4ce6-ab8d-6f1a7dc1a058Can Spacs shake off their bad reputation?https://www.ft.com/content/6eb655a2-21f5-4313-b287-964a63dd88b3 Hosted on Acast. See acast.com/privacy for more information.

8/19/2020 • 10 minutes, 11 seconds

FT News Briefing - Winamp (1040)

Belarus protests intensify, Robinhood raises more funds, drilling in the Arctic

Alexander Lukashenko, the strongman president of Belarus, fought for his political future on Monday as protesters called on him to “resign”, stock-trading app Robinhood raised new equity that values the company  at more than $11bn, and the Trump administration has moved to open part of the Arctic wildlife refuge for oil drilling. Plus, the FT’s Anna Gross on the human and economic toll of climate change. ‘Resign!’ Belarus president booed by striking workershttps://www.ft.com/content/2b5d2e59-d50a-4a21-9708-605b1ddf90b1Retail trading app Robinhood’s value tops $11bn on new fundraisinghttps://www.ft.com/content/b208cbbe-579c-4cbf-9358-01ae02b4381bTrump moves to allow oil drilling in Arctic wildlife refugehttps://www.ft.com/content/58b4228f-15ce-40d2-b9bf-688357045b29Rise in coastal flooding poses threat to global economyhttps://www.ft.com/content/6f8fe212-b2e6-49f4-b6b5-c8143ac5392f Hosted on Acast. See acast.com/privacy for more information.

8/18/2020 • 9 minutes, 11 seconds

FT News Briefing - Winamp (1041)

Democrats probe post office, Italy’s economy shows signs of life, chocolate sales slump

Senior Democrats have called the US postmaster general to testify before Congress amid election fears, pharmaceutical group CureVac has ruled out selling a vaccine at cost, and Italy's businesses enjoy a better than expected rebound from coronavirus. Plus, the FT’s Emiko Terazono on why the decline of travel is bad for the chocolate industry. Further reading:Democrats call postal chief to testify in US mail voting rowhttps://www.ft.com/content/c0128915-ad28-4699-9d5b-9b0a65acaf2bCureVac vows ‘ethical margin’ on price of Covid-19 vaccinehttps://www.ft.com/content/83a418eb-96ae-4b71-b640-6873f315921fItaly’s businesses enjoy ‘better than expected’ virus reboundhttps://www.ft.com/content/73a36f20-bbd4-4d99-a1e9-685788cb9cd9Choc waves: how coronavirus shook the cocoa markethttps://www.ft.com/content/37aa0ac8-e879-4dc2-b751-3eb862b12276 Hosted on Acast. See acast.com/privacy for more information.

8/17/2020 • 9 minutes, 3 seconds

FT News Briefing - Winamp (1042)

Israel and UAE peace deal, Trump vows to block postal vote funds, China treads cautiously

Israel and the United Arab Emirates have reached a historic peace deal, Donald Trump has threatened to deprive the US post office of money needed for postal voting in November’s presidential race, and Wells Fargo’s chief compliance officer, Mike Roemer, is leaving after two years of attempting to overhaul the bank’s internal oversight operations.  Plus, the FT’s Christian Shepherd explains why China is treading cautiously in the face of US sanctions. Israel and United Arab Emirates strike historic peace accordhttps://www.ft.com/content/2712a625-e2d4-41f3-9ef1-536d0700cbb8Donald Trump vows to block funding for US postal votinghttps://www.ft.com/content/29dedf1b-a86e-4158-a41b-21bfe88585afWells Fargo’s chief compliance officer quits in risk overhaulhttps://www.ft.com/content/ffeb7a3b-6908-4ea5-a848-841bad14297bChina treads cautiously in the face of US sanctionshttps://www.ft.com/content/4084b0fb-6dc0-4090-a778-3e15694cfa1d Hosted on Acast. See acast.com/privacy for more information.

8/14/2020 • 9 minutes, 27 seconds

FT News Briefing - Winamp (1043)

SME’s lose big, UK GDP woes, remembering Sumner Redstone

Small and medium-sized US companies suffered a wipeout in profits in the second quarter amid the Covid-19 crisis, Lyft reported a 61 per cent drop in revenue in the same quarter but says it is seeing signs of a recovery, and Cisco warned of an even bigger drop-off in sales than it has experienced so far during the crisis. Plus, the FT’s Gavin Jackson reports on the UK’s latest GDP data. Then, we look back at the life of media mogul Sumner Redstone.Lyft clings to signs of recovery after pandemic dents revenuehttps://www.ft.com/content/938ea146-2699-4c2d-8511-e634d2d003f8?edit=trueCisco sales warning raises spectre of broad IT spending declinehttps://www.ft.com/content/f737c60e-d632-4eda-9e41-b181c3b5ca04?Coronavirus makes for a brutal quarter for smaller US companieshttps://www.ft.com/content/83d0c41f-be54-48e3-89fe-e78cda5f319cUK economy suffers worst slump in Europe in second quarterhttps://www.ft.com/content/c8b172e2-8f70-4118-9e81-423e9a4b6839Sumner Redstone, media mogul, 1923-2020https://www.ft.com/content/2414b9e4-5ef3-4e46-a760-9592f162e914 Hosted on Acast. See acast.com/privacy for more information.

8/13/2020 • 8 minutes, 58 seconds

FT News Briefing - Winamp (1044)

Biden chooses Kamala Harris as VP candidate, questions on Kodak loan, Russia’s Covid-19 vaccine

Democrat Joe Biden has named Kamala Harris as his vice-presidential running mate, an Eastman Kodak board member donated $116m in company shares to an Orthodox Jewish congregation just before the stock price collapsed, and McDonald’s is suing its former chief executive, Steve Easterbrook, over sexual conduct allegations. Plus, Russia has become the first country to grant regulatory approval to a vaccine against Covid-19. The FT’s Henry Foy explains what this means for the global race to treat coronavirus. Joe Biden names Kamala Harris as his running matehttps://www.ft.com/content/6b975742-3200-4a5c-902c-e6303f55da03McDonald’s gets tough with former chief over fresh sexual conduct claimshttps://www.ft.com/content/99718ee2-152f-4749-b8d7-db8065a20a39Kodak board member donated $116m in shares to charityhttps://www.ft.com/content/6e7494c4-56cd-4121-8027-ecfc9586958cRussia to start mass use of its Covid-19 vaccine in coming weekshttps://www.ft.com/content/219b973f-c50a-4071-994f-cc4592d43e1b Hosted on Acast. See acast.com/privacy for more information.

8/12/2020 • 10 minutes, 30 seconds

FT News Briefing - Winamp (1045)

Uber and Lyft told to reclassify drivers, Goldman vs Fed, Sweden’s pandemic

A judge in California has ordered Uber and Lyft to reclassify their drivers as employees, and the Federal Reserve has turned down Goldman Sachs’ request for less onerous treatment after the results of its annual stress test. Plus, the FT’s Richard Milne explains why any labelling of Sweden’s approach to coronavirus might be an oversimplification. Uber and Lyft told to treat drivers as employees in Californiahttps://www.ft.com/content/051a319c-e599-4975-90ea-40211b6a1417Fed denies Goldman’s appeal against stress test resultshttps://www.ft.com/content/ba208f8d-a388-4fe5-a01b-2cb030bb9a03Sweden’s pandemic no longer stands outhttps://www.ft.com/content/7acfc5b8-d96f-455b-9f36-b70dc850428f? Hosted on Acast. See acast.com/privacy for more information.

8/11/2020 • 10 minutes, 1 second

FT News Briefing - Winamp (1046)

Deals resurgence, aid to Beirut, internal pushback at Nike

A series of blockbuster deals has led a resurgence in M&A activity since the start of July, and international donors agreed to fund €250m in emergency aid for Beirut after a chemical explosion devastated Lebanon’s capital. Plus, the FT’s US sports business correspondent, Sara Germano, explains why a group of employees at Nike have asked management to publicly acknowledge the company’s own internal shortcomings on equality before promoting the ideal to consumers. Megadeals lead M&A revival as big companies bulk upft.com/content/59378fea-79a9-4684-ae03-a41798a6245c?Future of Lebanon and entire region at stake, warns Macronhttps://www.ft.com/content/c44ff8e3-1715-499f-8d0e-6774a3d6b8aaBlack employees at Nike object to company’s new adhttps://www.ft.com/content/e8b4a2e3-e0cf-467a-890b-b64db664778a Hosted on Acast. See acast.com/privacy for more information.

8/10/2020 • 10 minutes, 43 seconds

FT News Briefing - Winamp (1047)

Uber Eats fails to offset ride-sharing collapse, Quicken Loans IPO, Microsoft bids for all of TikTok

A surge in Uber’s food delivery business was unable to offset a 75 per cent drop in global ride-sharing, Quicken Loans stock jumped 20 per cent in its first day of trading on Thursday, and an FT analysis of data made public by  the Trump administration makes it difficult to discern whether the US Paycheck Protection Program was effective at saving jobs. Plus, the FT’s deputy Beijing bureau chief, Yuan Yang, explains why Microsoft’s position in China might give it an advantage in its takeover talks for TikTok. Appetite for Uber Eats fails to offset ride-sharing collapsehttps://www.ft.com/content/0f0cd5f1-f88d-44e1-8b6a-7b50e48118aaQuicken Loans IPO: mortgage pioneer cashes in a big winhttps://www.ft.com/content/4f7e583a-3327-42fd-80cc-81bde2339a9bHow many jobs were saved by the US small business bailout?https://www.ft.com/content/fd288b21-3391-4881-95a3-6b860c007ec0TikTok deal tests Microsoft’s decades of China experiencehttps://www.ft.com/content/b02d5324-07e6-48ac-b658-b8c400d9b4fc Hosted on Acast. See acast.com/privacy for more information.

8/7/2020 • 9 minutes, 40 seconds

FT News Briefing - Winamp (1048)

US lawmakers probe loan to Kodak, Zynga earnings, Biden spending

US lawmakers have launched an investigation into a $765m loan by the US government to Eastman Kodak, and two companies, Zynga and Etsy, reported strong quarterly earnings amid the pandemic. Plus, the FT’s Washington correspondent, Lauren Fedor, has some updates on how the campaign of presumptive Democratic presidential nominee Joe Biden is doing. House Democrats probe $765m government loan to Kodakft.com/content/e4ab02ba-f8f7-4ca9-b881-9400ee612e18?Zynga earnings boosted by lockdown gaming habitshttps://www.ft.com/content/dfee19e3-1084-4d53-b522-99b6595281e7?Joe Biden aims to outspend Donald Trump on TV ads ahead of US electionhttps://www.ft.com/content/012896c0-71ee-4081-a3a5-8b1ca864b214 Hosted on Acast. See acast.com/privacy for more information.

8/6/2020 • 9 minutes, 36 seconds

FT News Briefing - Winamp (1049)

Beirut explosion, ETF gold spree, UK tax authority takes on General Electric

Dozens are dead and thousands injured after an explosion rocked Beirut, an income hit at Disney’s theme park has caused a knock on the company’s profits in the latest quarter, and an exchange traded fund holds more gold than some central banks. Plus, the FT’s Tabby Kinder explains why the UK tax authority, HM Revenue & Customs, is going after General Electric on fraud allegations.Beirut rocked by massive explosionhttps://www.ft.com/content/efb1426f-a80f-4b38-99c1-67a7a0823c4aETF becomes one of world’s biggest gold owners as investors flock inft.com/content/5316a714-6aa9-4919-ab29-96fab47cf2d4Disney plans a digital debut for ‘Mulan’https://www.ft.com/content/e39b07a9-edde-4dd3-9356-31bb11cd39e2Why the UK tax authority is accusing General Electric of a $1bn fraud https://www.ft.com/content/02a6fa1b-8b62-4e1e-9100-fe620c8ec96c Hosted on Acast. See acast.com/privacy for more information.

8/5/2020 • 8 minutes, 55 seconds

FT News Briefing - Winamp (1050)

Trump reverses on TikTok, WTO candidates on judicial system, oil earnings

US President Donald Trump reversed course and dropped his opposition to Microsoft’s bid for TikTok, two leading candidates to head the World Trade Organization say US legal criticisms over dispute resolution are valid, and foreign aid groups combatting the coronavirus pandemic in North Korea have been forced to borrow money from its government. Plus, the FT's senior energy correspondent, Anjli Raval, tells us how oil companies are surviving the pandemic shock. Register for the Energy Source talk, “Profit and Power in the Energy Industry” https://live.ft.com/Events/2020/Profit-and-Power-in-the-Energy-Industry?segmentId=b52e1504-1d03-48a4-76bc-38fb50ada64b&utm_us=JJYAAPTrump drops opposition to Microsoft bid for TikTokhttp://ft.com/content/a1162b60-977d-400c-9758-edc4aa006f72?Leading WTO candidates back US bid for dispute system reforms  ft.com/content/f4830e2b-df7b-474a-8104-6336992ca193Aid groups borrow money from N. Korea in coronavirus fightft.com/content/057ec3d5-77ba-4db3-a1cc-1b2e60617094?edit=trueShell and Total escape underlying losses on strong oil tradinghttps://www.ft.com/content/5df3596c-6b42-4270-85c4-c10834e80975 Hosted on Acast. See acast.com/privacy for more information.

8/4/2020 • 8 minutes, 27 seconds

FT News Briefing - Winamp (1051)

US vows action on Chinese tech, William Spriggs on US labour market

The Trump administration has vowed to “take action” against Chinese software companies that it perceives as a risk to security. Plus, William Spriggs, a professor of economics at Howard University and chief economist of the AFL-CIO, explains how the pandemic is changing the US labour market. US to widen action against Chinese tech groups beyond TikTokhttps://www.ft.com/content/2eb1859f-ea08-4c7e-9bdd-a6712389a389The Rachman Review: US economist William Spriggs on scars of the pandemichttps://www.ft.com/content/f80f8629-a84f-4ed8-abc2-bcf12cc92095 Hosted on Acast. See acast.com/privacy for more information.

8/3/2020 • 11 minutes, 1 second

FT News Briefing - Winamp (1052)

US big tech companies report colossal earnings, US GDP down, companies cling to share buybacks

Facebook, Amazon, and Apple all reported stellar revenue increases in the latest quarter. The FT’s Richard Waters will explain what that means in the context of Wednesday’s US congressional big tech antitrust hearings. Then, FT US markets reporter Colby Smith will explain investor reaction to the worst contraction in the US economy in postwar history. Plus, corporate America is still clinging on to share buybacks despite the global recession.  Register for the Energy Source talk, “Profit and Power in the Energy Industry” https://live.ft.com/Events/2020/Profit-and-Power-in-the-Energy-Industry?segmentId=b52e1504-1d03-48a4-76bc-38fb50ada64b&utm_us=JJYAAPApple revenues defy expectations despite store closureshttps://www.ft.com/content/20d1ef26-2bf4-4900-85b2-08ef7c6d1ae1US economy suffers sharpest postwar contraction in second quarterhttps://www.ft.com/content/3ff15dc7-be90-4676-8121-5a868016c4bbUS companies cling to share buybacks despite collapse in profitsft.com/content/1c924be0-5bc0-4eba-a088-b98b13080c04? Hosted on Acast. See acast.com/privacy for more information.

7/31/2020 • 10 minutes, 21 seconds

FT News Briefing - Winamp (1053)

Big tech hearings, Qualcomm-Huawei deal, 1MDB scandal

American lawmakers grill the chief executives of four US tech groups over unfair competition accusations, Qualcomm shares soared to a record high after the California chipmaker announced a royalty deal with Huawei on Wednesday, and the Federal Reserve extends measures to deal with the risk of an international shortage of dollars. Plus the FT’s opinion and analysis editor, Brooke Masters, explains how Goldman Sachs walked away from the 1MDB scandal relatively unscathed. Big Tech bosses told they have ‘too much power’https://www.ft.com/content/7c291a12-b87c-42a6-bd35-be961693c3e7Qualcomm shares surge on Huawei deal and 5G progresshttps://www.ft.com/content/0d266436-3377-49bb-867b-266939240685Fed warns virus resurgence threatens economic recoveryhttps://www.ft.com/content/938a5387-778d-4f9e-8aed-53d2a332c7af Goldman has done it again with its Malaysia dealhttps://www.ft.com/content/03d5f3c8-3d0c-4afb-b3c5-3c5ed1c7cfe6 Hosted on Acast. See acast.com/privacy for more information.

7/30/2020 • 10 minutes, 22 seconds

FT News Briefing - Winamp (1054)

Big tech antitrust hearings, Moderna prices vaccine, Fed extends emergency lending

Moderna is pitching its coronavirus vaccine at about $50 to $60 per course, the Federal Reserve has announced that it will extend emergency lending facilities, the European Central Bank has called on eurozone banks to continue to freeze dividend payments and Europe is bracing for another surge in coronavirus cases. Plus, the heads of Amazon, Apple, Alphabet and Facebook are set to appear together before Congress for the first time. The FT’s Lauren Fedor will explain what might come out of this hearing.Big tech goes to Washington https://www.ft.com/content/3e26d31f-9cff-4b3b-a971-02e16996c190Moderna pitches virus vaccine at around $50-$60 per coursehttps://www.ft.com/content/405c0d07-d15a-4f5b-8a77-3c2fbd5d4c1cEurope battles to contain surge in Covid-19 casesft.com/content/bcddc297-b7f2-444d-908f-54e8ce6f4f98? Hosted on Acast. See acast.com/privacy for more information.

7/29/2020 • 7 minutes, 35 seconds

FT News Briefing - Winamp (1055)

Investors fear US virus toll, MLB virus scare, European bank earnings

Senate Republicans unveiled a White House-backed plan for $1tn in new stimulus that would cut emergency unemployment benefits by two-thirds, the dollar weakened to a two-year low on Monday as coronavirus flare-ups weighed on investor confidence and Major League Baseball contends with a fresh coronavirus outbreak. Plus, the FT’s banking editor, Stephen Morris, will explain what lies ahead for European banks when it comes to loan losses and dividends. Republicans unveil $1tn stimulus plan cutting jobless benefitshttps://www.ft.com/content/3c6d86e9-93b4-41af-9803-046940cedf99?Dollar sinks to two-year low on concern over US virus tollhttps://www.ft.com/content/9d9fa97c-154f-46fb-affd-51f45a0de08aUS baseball league postpones games after outbreak hits Miami team https://www.ft.com/content/12b00810-5b8c-4df0-b22d-cabe898770a3Banks across Europe braced for further heavy loan-loss chargeshttps://www.ft.com/content/d42d735a-9aa3-454e-955a-3e0b22eda03d Hosted on Acast. See acast.com/privacy for more information.

7/28/2020 • 10 minutes, 24 seconds

FT News Briefing - Winamp (1056)

Republicans to unveil US stimulus offer, coronavirus curbs European travel, Brexit talks

Republicans are set to unveil their proposals for a fresh round of stimulus today, US oil companies have increased production following the price crash earlier in the year, and a surge in coronavirus cases have forced countries to curb European travel. Plus, the FT’s political editor, George Parker, will have an update on the progress  of future relationship talks between the UK and EU. Republicans prepare to unveil latest US stimulus offerft.com/content/3ced1ea5-6070-46ee-a946-dc18ad212bf7US oil production wells up after Covid price crashhttps://www.ft.com/content/9552bb8b-c23a-458d-b476-bbbbe4163bd2Infection surges force countries to curb European travelhttps://www.ft.com/content/584ee262-d539-40ca-b145-e42865f2bc6bMichel Barnier warns ‘no progress’ made on key issues in Brexit talkshttps://www.ft.com/content/14e6c44f-5573-46c1-8f4c-224747562c42 Hosted on Acast. See acast.com/privacy for more information.

7/27/2020 • 10 minutes, 28 seconds

FT News Briefing - Winamp (1057)

Goldman seeks capital relief, Intel delays launch of next generation chips, US jobs recovery stalls

Goldman Sachs is pointing to its strong second quarter results in a pitch to the Federal Reserve for relief on its capital requirements, Intel shares dropped after the company said it was pushing back the launch of its next generation of chips, and as US lawmakers wrangle over the next economic stimulus package the US jobs recovery appears to be stalling. Plus, the search for oil can cost hundreds of millions of dollars. The FT’s senior energy correspondent, Anjli Raval, explains why the industry is scaling back. Goldman touts ‘countercyclical’ trading in pitch for capital reliefft.com/content/91b19416-6f3b-4e67-a309-857a61c6d494?US labour market recovery appears to stall amid stimulus talkshttps://www.ft.com/content/c9290574-ceef-4638-baf1-d27323992129Intel warns of delays to next generation chipsft.com/content/29e02e4f-df7f-49d7-8f94-00a5af481909?The last frontier: oil industry scales back explorationhttps://www.ft.com/content/85afd43a-cb3d-4e82-88b7-1f3a77dc2acb Hosted on Acast. See acast.com/privacy for more information.

7/24/2020 • 8 minutes, 33 seconds

FT News Briefing - Winamp (1058)

Tesla profit milestone, US vs China, ex-Wirecard CEO rearrested

Tesla reported its fourth consecutive quarterly net profit on Wednesday, the fissure between the US and China continues to deepen with Washington ordering Beijing to shut its consulate in Houston over spying concerns, a group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese parent company, ByteDance, and Wirecard’s former chief executive has been rearrested and accused of committing a long-running fraud. Hosted on Acast. See acast.com/privacy for more information.

7/23/2020 • 8 minutes, 56 seconds

FT News Briefing - Winamp (1059)

UK-US trade talks, Trump warns of virus worsening, Latin American debt concerns

The British government has abandoned hopes of reaching a US-UK trade deal ahead of this autumn’s American presidential election, and Donald Trump told reporters the pandemic in the US will “get worse before it gets better”. Plus, the FT’s Latin America editor, Michael Stott, will explain why the region might be headed for another debt crisis. Hosted on Acast. See acast.com/privacy for more information.

7/22/2020 • 8 minutes, 50 seconds

FT News Briefing - Winamp (1060)

EU leaders close in on recovery fund deal, Testing crunch warning, US economic rebound halted

EU leaders are closing in on a deal for a landmark coronavirus recovery package, the largest laboratory company in the US, Quest Diagnostics, has warned it will be impossible to increase coronavirus testing capacity in the event of a second wave in the autumn, and European banks are facing as much as €800bn in loan losses over the next three years as a result of the coronavirus crisis. Plus, the FT’s James Politi will explain why the US economic recovery from coronavirus was so short-lived and whether it will gather pace again.  Hosted on Acast. See acast.com/privacy for more information.

7/21/2020 • 10 minutes, 14 seconds

FT News Briefing - Winamp (1061)

Deadlock on EU recovery fund, Argentina’s plea to creditors, TikTok trouble

EU leaders spent the weekend locked in marathon summit talks over Europe’s proposed €750bn response to the coronavirus pandemic, and Albert Fernández, Argentina’s president, has made an impassioned appeal for the world to accept that he cannot budge from his final offer to restructure $65bn of foreign debt. Plus, the US is considering an effective ban on TikTok, the popular social media platform. The FT’s Beijing Bureau chief, Yuan Yang, will explain.  Hosted on Acast. See acast.com/privacy for more information.

7/20/2020 • 10 minutes, 19 seconds

FT News Briefing - Winamp (1062)

US considers blacklist for TikTok, Netflix pandemic surge wanes, FBI investigates Twitter hack

The US is considering putting TikTok on a blacklist that would effectively prevent Americans from using the popular video app, Netflix warns investors that its pandemic related growth spurt is waning, and the FBI and New York state launch investigations into Wednesday’s unprecedented hack of Twitter. Plus, the FT’s Dan Dombey explains how Spain is still struggling with its coronavirus recovery, and why so much of the country’s future hinges on the proposed EU recovery fund.  Hosted on Acast. See acast.com/privacy for more information.

7/17/2020 • 9 minutes, 51 seconds

FT News Briefing - Winamp (1063)

Twitter accounts hacked, US vs Nord Stream 2, Apple victorious in EU battle over Irish back taxes

Twitter experienced an unprecedented hack on Wednesday when bitcoin scammers sent a series of tweets from hundreds of accounts, Opec and Russia move to start unwinding the record oil supply cuts agreed earlier this year, and the US has threatened to impose sanctions on any companies helping Russia to build the Nord Stream 2 gas pipeline. Plus, the EU’s second-highest court rejected a European Commission order for Apple to pay back more than 14 billion euros in taxes to Ireland. The FT’s Javier Espinoza will have more on what this means for the EU as it tries to crack down on low-tax countries.  Hosted on Acast. See acast.com/privacy for more information.

7/16/2020 • 8 minutes, 27 seconds

FT News Briefing - Winamp (1064)

US steps up sanctioning powers against China, Moderna vaccine early results, US banks braced for loan losses

President Donald Trump signed legislation on Tuesday that gives his administration more power to impose sanctions on Chinese officials, the Trump administration reversed its rule that international students would have to return home if they are attending universities with online-only classes, Moderna’s potential Covid-19 vaccine produced immune responses in patients in the early stage trial, and technology groups are refusing a data sharing proposal with Hong Kong regulators. Plus, the FT’s US banking editor, Laura Noonan, examines why three of America’s biggest banks set aside a combined $28bn for current and future loan losses.  Hosted on Acast. See acast.com/privacy for more information.

7/15/2020 • 7 minutes, 50 seconds

FT News Briefing - Winamp (1065)

EU to go after low-tax countries, California rolls back reopening plans, European summer tourism

Brussels is planning to pursue low-tax member states over their advantageous corporate tax regimes, California is rolling back its reopening effort due to a surge in Covid-19 cases, and US technology groups and a group of state attorneys-general are joining the battle against a Trump administration rule that requires foreign students to return home if universities move to online-only courses. Plus, the FT’s leisure industries reporter Alice Hanco*ck will explain what is becoming of the businesses reliant on European summer tourism in light of the pandemic. Hosted on Acast. See acast.com/privacy for more information.

7/14/2020 • 8 minutes, 21 seconds

FT News Briefing - Winamp (1066)

UK to curb Huawei’s 5G role, WeWork says it’s on track for profits in 2021, OCC warning

Boris Johnson is set to unveil plans this week to phase Huawei out of the UK’s 5G mobile phone networks, WeWork’s executive chairman tells the Financial Times that the company is on track to have positive cash flow in 2021, and the new head of the US Office of the Comptroller of the Currency warns banks about using coronavirus as cover to shut branches or to win permanent concessions from regulators. Plus, the FT’s US banking editor, Laura Noonan, tells us what to expect when Wall Street banks report quarterly earnings this week. Hosted on Acast. See acast.com/privacy for more information.

7/13/2020 • 9 minutes, 39 seconds

FT News Briefing - Winamp (1067)

Banks and the Hong Kong autonomy act, Wirecard’s Jan Marsalek, Boohoo scrutiny

US and European banks in Hong Kong are conducting emergency audits of their clients to identify officials and corporates that could face possible US sanctions over the new national security law, the FT reports that Wirecard executive Jan Marsalek touted secret documents about the use of a Russian chemical weapon in the UK as he bragged of ties to intelligence services to ingratiate himself with London traders, and coronavirus has spurred a global bicycle shortage. Plus, the FT’s consumer industries reporter Patricia Nilsson will explain how allegations of worker mistreatment brought on an investigation of online retailer Boohoo.   Hosted on Acast. See acast.com/privacy for more information.

7/10/2020 • 9 minutes, 30 seconds

FT News Briefing - Winamp (1068)

Interview with Christine Lagarde, UK business reacts to Sunak’s plan, US hits 3m Covid-19 cases

In an interview with the FT, European Central Bank president Christine Lagarde said that “women are the first victims” of events such as a pandemic and discussed the steps towards recovery. Plus, UK business leaders say that millions of jobs in some of the hardest hit sectors are still at risk despite chancellor Rishi Sunak’s £30bn jobs plan, and the US hits 3m confirmed coronavirus cases.  Hosted on Acast. See acast.com/privacy for more information.

7/9/2020 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1069)

Trump withdrawing from WHO, Italian mafia bonds, US offshore wind power

The US has begun the process of leaving the World Health Organization, the FT reports that international investors bought bonds backed by the crime proceeds of Italy’s most powerful mafia group, and US investment in offshore wind power is predicted to rise to a level that nearly matches spending on offshore oil drilling this decade. Plus, the FT’s Claire Bushey will explain how coronavirus has triggered a conversation on the treatment and compensation of low-wage workers. Hosted on Acast. See acast.com/privacy for more information.

7/8/2020 • 9 minutes, 27 seconds

FT News Briefing - Winamp (1070)

Social media groups block HK authorities, PPP loans, day trading dangers

Facebook, Google and Twitter have all said they would temporarily block Hong Kong’s authorities from accessing user data despite threats from the government, the US claims its small business bailout programme has kept 51.1 million people in work during the pandemic, and foreign students at US universities and schools will no longer be eligible to stay in the country if their courses move fully online due to coronavirus. Plus, the FT’s Eric Platt will report on the dangers associated with day trading. Hosted on Acast. See acast.com/privacy for more information.

7/7/2020 • 11 minutes, 2 seconds

FT News Briefing - Winamp (1071)

Repairing the social and economic damage brought by the pandemic

Covid-19 has been a global shock. But will it be a transformative one? In this special edition of the FT News Briefing, the FT’s chief economics commentator, Martin Wolf, explains why the global free market era might soon be coming to an end for western democracies, and why he thinks politics, society and the economy should now revolve around the idea of citizenship. Read Martin Wolf’s essay at FT.com/BigRead.  Hosted on Acast. See acast.com/privacy for more information.

7/6/2020 • 9 minutes, 27 seconds

FT News Briefing - Winamp (1072)

UK wants final say on Virgin-O2 deal, retail goes digital in pandemic, US jobs

The UK’s Competition and Markets Authority is set to ask Brussels for full control over the review of the proposed £31bn merger between Virgin Media and O2, US consumers are expected to spend $710bn online in 2020, and American Airlines says it could have over 20,000 front-line employees more than it needs this autumn to operate its reduced flying schedule. Plus, the unemployment rate for black Americans remained higher in June than for all other groups. Economist Valerie Wilson explains why black workers are being disproportionately affected by coronavirus and what policy measures might help. Hosted on Acast. See acast.com/privacy for more information.

7/3/2020 • 8 minutes, 46 seconds

FT News Briefing - Winamp (1073)

July 4 virus spread concerns, EU looks into Google Fitbit deal, Hong Kong under new national security law

US public health experts are warning of a heightened risk of coronavirus transmission during US Independence Day celebrations, EU regulators are asking more questions about Google’s proposed $2.1bn takeover of fitness tracker Fitbit, and the FT’s  James Kynge explains how China’s national security law affects both Hong Kongers and foreigners living in the territory. Plus, the FT’s Judith Evans explains why consumers are changing their attitudes towards single-use plastic in the pandemic. Hosted on Acast. See acast.com/privacy for more information.

7/2/2020 • 10 minutes, 29 seconds

FT News Briefing - Winamp (1074)

Dealmaking down, UK business warns on Brexit trade talks, Wirecard’s real business

Coronavirus has brought an end to one of the longest waves in mergers and acquisitions history, more than 100 UK company chiefs, entrepreneurs and business groups have written to Boris Johnson warning about the economic damage of a no-deal Brexit, and the FT has revealed that German payments company Wirecard relied on a small number of customers for the majority of its genuine sales according to an internal document. Plus, the FT’s Hannah Murphy looks at whether the advertising revolt against social media and hate speech policy will have a lasting effect.  Hosted on Acast. See acast.com/privacy for more information.

7/1/2020 • 9 minutes, 13 seconds

FT News Briefing - Winamp (1075)

Wall Street banks net record fees, Johnson channels FDR, remdesivir cost

Wall Street investment banks brought in a record amount of fees for fundraisings in the first six months of 2020 amid coronavirus, UK prime minister Boris Johnson plans to announce £5bn of infrastructure projects today, and Gilead Sciences has said it will charge governments $2,340 for a 5-day course of its coronavirus treatment, remdesivir. Plus, the FT’s Primrose Riordan explains why investors, economists, and analysts are growing concerned over China’s national security law in Hong Kong.  Hosted on Acast. See acast.com/privacy for more information.

6/30/2020 • 9 minutes, 35 seconds

FT News Briefing - Winamp (1076)

Chesapeake files for bankruptcy, Facebook ad boycott, Singapore’s new corporate structure

American shale pioneer Chesapeake Energy has filed for Chapter 11 bankruptcy, and dozens of brands are cancelling advertising on Facebook over the social media company’s handling of hate speech.  Plus, Singapore is luring hedge funds and investors away from other low tax jurisdictions with a new corporate structure. The FT’s Stefania Palma explains how the country is trying to make itself Asia’s leading financial centre. Hosted on Acast. See acast.com/privacy for more information.

6/29/2020 • 10 minutes, 11 seconds

FT News Briefing - Winamp (1077)

Wirecard insolvency, Brussels to probe German regulator, Federal Reserve bans buybacks

Wirecard filed for insolvency on Thursday, days after the German payments group revealed a multiyear fraud that led to the arrest of its former chief executive. The FT’s Dan McCrum has been following Wirecard for the past five years and will upack the company’s current position. Plus, the Federal Reserve has capped dividends and banned share buybacks by big US banks in an attempt to strengthen the financial system in the pandemic. Hosted on Acast. See acast.com/privacy for more information.

6/26/2020 • 11 minutes, 11 seconds

FT News Briefing - Winamp (1078)

New Covid-19 cases hit US record, airlines tap debt markets, Bayer settlement

Global markets dropped on Wednesday as rising Covid-19 cases  fuelled fears that the virus could derail an economic recovery, US airlines increased the size of their debt and equity fundraisings this week to nearly $10bn after receiving a warm welcome from investors, and Bayer will pay up to $10.9bn to settle a wave of lawsuits over the potential carcinogenic effects of its herbicide product Roundup. Plus, the FT’s currencies correspondent, Eva Szalay, explains why analysts at Bank of America say the British pound is an emerging-market currency in all but name. Hosted on Acast. See acast.com/privacy for more information.

6/25/2020 • 9 minutes, 15 seconds

FT News Briefing - Winamp (1079)

Ex-Wirecard CEO arrested, Trump scales back environmental rules, the new bond monarch

Wirecard’s founder Markus Braun was arrested on suspicion of false accounting and market manipulation, and the Trump administration has eased Obama-era environmental rules during the pandemic. Plus, the FT’s global finance correspondent, Robin Wigglesworth, will explain why some investors say the Federal Reserve and other central banks have in practice nationalised the bond market with their coronavirus measures. Hosted on Acast. See acast.com/privacy for more information.

6/24/2020 • 10 minutes, 12 seconds

FT News Briefing - Winamp (1080)

Trump expands US immigration restrictions, Apple pivots away from Intel, inside Wirecard

Donald Trump is set to extend a suspension of immigration into the US imposed in response to the coronavirus pandemic, and Apple is planning to transition away from Intel chips to an in-house design for processors. Plus, last week Wirecard warned that €1.9bn was missing from its accounts. It confirms reporting by the Financial Times, which has been investigating fraud suspicions at the German payments group. The FT’s investigations editor, Paul Murphy, will unpack the difficulties in reporting the story and the eventual downfall of the company. Hosted on Acast. See acast.com/privacy for more information.

6/23/2020 • 10 minutes, 10 seconds

FT News Briefing - Winamp (1081)

Brexit optimism, coronavirus hits Senegal oil projects, targeting black unemployment in the US

Boris Johnson will hammer out a new plan with senior ministers this week aimed at unblocking talks on Britain’s future relationship with the EU, and the delay of oil and gas projects in Senegal signals the aftershocks from the coronavirus crisis are even hurting economies that have avoided the worst of the pandemic itself. Plus, some economists have suggested the Federal Reserve could target the black unemployment rate in its monetary policy as a means of addressing income inequality in the US. One such advocate, Janelle Jones of the Groundwork Collaborative, unpacks her proposal. Hosted on Acast. See acast.com/privacy for more information.

6/22/2020 • 9 minutes, 27 seconds

FT News Briefing - Winamp (1082)

The inside story of a disgraced drugmaker

Executives from drugmaker Insys were the first from the pharmaceutical sector to be handed prison time for their role in America’s opioid epidemic earlier this year. The FT and the PBS series Frontline have investigated why the warning signs around the company were ignored for so long. FT pharmaceutical correspondent Hannah Kuchler tells Marc Filippino what they uncovered.Read the story at ft.com/insys.The PBS Frontline documentary, Opioids, Inc. is available for streaming online at PBS.org beginning Friday June 19, and will premiere on American PBS stations on Tuesday, June 23. For more information visit: https://www.pbs.org/wgbh/frontline/film/opioids-inc/. Hosted on Acast. See acast.com/privacy for more information.

6/19/2020 • 12 minutes, 10 seconds

FT News Briefing - Winamp (1083)

US backs out of tech tax talks, PE’s spending spree, Hertz halts share sale

The US has suspended talks with European countries on a new global tax framework for technology companies, private equity groups in the US have been on a spending spree despite worldwide lockdowns due to the pandemic, and the bankrupt car rental company Hertz halted its controversial $500m share sale. Plus, the FT’s Seoul bureau chief Edward White explains how Donald Trump’s transactional approach to foreign policy is affecting America’s relationships with Asian countries. Hosted on Acast. See acast.com/privacy for more information.

6/18/2020 • 9 minutes, 31 seconds

FT News Briefing - Winamp (1084)

Global stocks stay optimistic on central banks, Royalty Pharma IPO, US police reform

Wall Street rallied on expectations of new aid for the US economy from the federal government and central bank, while Royalty Pharma pulled off the biggest US listing of 2020. Plus, protesters are calling to defund police departments in the wake of George Floyd’s death. Alex Vitale, a sociology professor at Brooklyn College, explains what this might look like in practice. Hosted on Acast. See acast.com/privacy for more information.

6/17/2020 • 10 minutes, 35 seconds

FT News Briefing - Winamp (1085)

LGBTQ rights at work, EU unemployment, oil’s transition to cleaner energy

The US Supreme Court ruled on Monday that LGBTQ workers are protected by federal civil rights laws in a landmark anti-discrimination decision, and Europe’s young workers are among the hardest hit by a frozen labour market. Plus, the FT’s senior energy correspondent, Anjli Raval, explains why coronavirus has big oil companies, such as BP, pivoting towards clean energy. Hosted on Acast. See acast.com/privacy for more information.

6/16/2020 • 10 minutes, 53 seconds

FT News Briefing - Winamp (1086)

SoftBank financing, White House on unemployment benefits, French industry

SoftBank has quietly poured more than $500m into Credit Suisse investment funds that in turn made big bets on the debt of struggling start-ups backed by the Vision Fund, the White House is opposed to extending coronavirus-related federal unemployment payments because it believes the measure created a “disincentive” to work, and China is bracing for a second wave of coronavirus. Plus, the FT’s David Keohane reports on France’s efforts to save its aerospace industry. Hosted on Acast. See acast.com/privacy for more information.

6/15/2020 • 9 minutes, 24 seconds

FT News Briefing - Winamp (1087)

Investors fear new Covid-19 wave, UK in border check U-turn, HSBC pressure

Investors in US and European equities were rattled on Thursday after the Federal Reserve’s dire assessment of the US economy and fresh concerns of an uptick in coronavirus cases, and the British government has abandoned its plan to introduce full border checks with the EU on January 1. Plus, the FT’s banking editor, Stephen Morris, unpacks the pressure HSBC is under after backing China’s Hong Kong national security law.  Hosted on Acast. See acast.com/privacy for more information.

6/12/2020 • 9 minutes, 49 seconds

FT News Briefing - Winamp (1088)

Fed predicts no rate increase until 2022, Brazil vs Covid-19, Bumper CEO stock awards

First, the FT’s Colby Smith explains why the Federal Reserve is predicting that it would keep interest rates close to zero until at least the end of 2022. Then, the FT’s Brazil bureau chief Bryan Harris examines how the country is handling the coronavirus pandemic. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson explains how company leaders have been awarded generous stock options that could more than make up for their temporary pandemic-related pay cuts. Hosted on Acast. See acast.com/privacy for more information.

6/11/2020 • 10 minutes, 43 seconds

FT News Briefing - Winamp (1089)

Brexit and the EU’s recovery, Vroom’s strong IPO, Fed’s forecast

EU member states are urging Brussels to account for the shock of a hard Brexit in its coronavirus recovery plans, a former Goldman Sachs banker has avoided prison time for his role in a global insider trading ring, and US online car sales company Vroom more than doubled its price on the first day of trading as investors showed strong demand for newly listed stocks.  Plus, the Federal Reserve is releasing its first economic forecast in six months. The FT’s James Politi explains what the US central bank could signal about the next stage of their recession response. Hosted on Acast. See acast.com/privacy for more information.

6/10/2020 • 9 minutes, 5 seconds

FT News Briefing - Winamp (1090)

US stocks surge despite gloomy forecast, US police reform bill, oil industry’s cautious optimism

The US stock market has erased all of its losses from 2020, the World Bank has forecast that emerging economies will shrink for the first time in 60 years, and US Congressional Democrats have responded to protests against police brutality by proposing a bill to reform police practices. Plus, the FT’s Anjli Raval will explain the cautiously optimistic moves from the oil market.  Hosted on Acast. See acast.com/privacy for more information.

6/9/2020 • 10 minutes, 44 seconds

FT News Briefing - Winamp (1091)

Black Lives Matter protests go global, doubts over US jobs data

US civil rights groups have received a surge of corporate donations since Minneapolis police killed George Floyd, the head of Fidelity International has warned that asset managers will struggle to provide enough cash to keep businesses afloat, and global trade is under threat with up to 400,000 crew stranded either at sea or at home due to Covid-19. Plus, the FT’s James Politi explains why the US Bureau of Labor Statistics is having a hard time pinning down the country’s actual unemployment rate.  Hosted on Acast. See acast.com/privacy for more information.

6/8/2020 • 9 minutes, 21 seconds

FT News Briefing - Winamp (1092)

Grantham sells stocks, ECB buys bonds, ESG vows in a pandemic

Veteran market strategist Jeremy Grantham has cut back his holdings in global stocks. The FT’s Andrew Edgecliffe-Johnson recounts his conversation with the Boston fund manager. And, Frankfurt bureau chief Martin Arnold walks through the latest moves from the European Central Bank. Plus, the FT’s Attracta Mooney explains why wealth managers believe that investment with a sustainable focus will likely grow beyond the coronavirus pandemic. Hosted on Acast. See acast.com/privacy for more information.

6/5/2020 • 11 minutes, 36 seconds

FT News Briefing - Winamp (1093)

Pentagon chief breaks with Trump, hydroxychloroquine, Warner Music IPO

US defence secretary Mark Esper breaks with Donald Trump on sending the army to clamp down on protests, and his predecessor James Mattis joins the president’s critics. The  FT’s Katrina Manson explains why the rift is so significant. Plus, a study casts doubt on whether taking hydroxychloroquine is an effective treatment for Covid-19, and Warner Music scored the biggest US IPO of 2020 on Wednesday. Hosted on Acast. See acast.com/privacy for more information.

6/4/2020 • 8 minutes, 52 seconds

FT News Briefing - Winamp (1094)

Companies react to protests, fear of Covid spike, Zoom’s surge

Many companies and chief executives have expressed solidarity with protests over the police killings of George Floyd and other black men and women. The FT’s Andrew Edgecliffe-Johnson explains what is different this time round. Plus, public health experts fear the demonstrations will hasten the spread of Covid-19, and Zoom has emerged as one of the biggest corporate winners from the pandemic. Hosted on Acast. See acast.com/privacy for more information.

6/3/2020 • 9 minutes, 56 seconds

FT News Briefing - Winamp (1095)

Trump vows to deploy military to US streets

President Donald Trump threatened to send US soldiers on to American streets to tackle the most widespread unrest the country has seen in decades, following the killing of George Floyd by police. Meanwhile, Mark Zuckerberg is facing a backlash within Facebook over his stance on controversial posts by the US president related to the protests. Hosted on Acast. See acast.com/privacy for more information.

6/2/2020 • 9 minutes, 44 seconds

FT News Briefing - Winamp (1096)

US protestors demonstrate against police violence, EU recovery, US pensions

Protests swept across US cities over the weekend as demonstrators responded to the death of George Floyd, another black man who died by police brutality. The FT’s Claire Bushey and Lauren Fedor explain what has been happening at the local and federal levels. Plus, the European Union budget commissioner is calling on member states to back new taxes to help fund the coronavirus recovery, and how seven US public pension plans risk running out of money by 2028. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or go to https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

6/1/2020 • 8 minutes, 54 seconds

FT News Briefing - Winamp (1097)

Trump’s social media order, UK opens door to Hong Kong residents, AstraZeneca’s transformation

Donald Trump said he had ordered a wide-ranging review of the law that grants social media companies immunity from legal action for content on their platforms, and the UK government has opened a path to citizenship for more than 300,000 Hong Kong residents in response to China's security crackdown. Plus, the FT’s industry editor, Peggy Hollinger, unpacks the turnround that propelled pharmaceutical group AstraZeneca to the industry’s front ranks.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or go to https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/29/2020 • 10 minutes, 49 seconds

FT News Briefing - Winamp (1098)

Pressure on Hong Kong finance, Boeing’s resumes 737 Max production, EU’s €750bn plan

Boeing said it will resume production of the troubled 737 Max, just hours after announcing plans to dismiss  more than 12,000 US workers. Meanwhile, Brussels has unveiled a plan to borrow €750bn to bankroll recovery efforts after the coronavirus crisis. Now it faces a critical few weeks for corralling member states to back the plan. Plus, the US will no longer consider Hong Kong autonomous from China. The FT’s US managing editor, Peter Spiegel, explains what this could mean for the global financial hub. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or go to https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/28/2020 • 8 minutes, 57 seconds

FT News Briefing - Winamp (1099)

Investors eye recovery, $1tn in corporate borrowing, SpaceX test flight

Hopes of a quick economic recovery gave global stocks a lift on Tuesday. The FT’s Philip Stafford explains whether that optimism can be sustained. Then, a look at the highly rated companies, including ­Disney, Apple and ExxonMobil, that have borrowed a trillion dollars in the first five months of this year. Plus, Elon Musk’s SpaceX will send two Nasa astronauts to space today. The FT’s West Coast Editor, Richard Waters, will explain what this means for commercial ambitions in the final frontier. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or go to https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/27/2020 • 10 minutes, 10 seconds

FT News Briefing - Winamp (1100)

Japan’s birth rate, contact tracing in India

Japanese couples are putting off parenthood over coronavirus concerns. The FT’s Tokyo correspondent, Kana Inagaki, explains what this means for a country already suffering from population decline. Plus, countries around the world are aiming to roll out contact-tracing apps as they seek to reopen economies. The FT’s South Asia correspondent, Stephanie Findlay, reports on India’s mandatory system.   Update: India’s contact-tracing policy has been loosened since our interview with Stephanie Findlay was recorded. Since then, India has issued clarifications saying that the Aarogya Setu app is not mandatory for plane travel, but passengers will have to fill out a declaration form when boarding a plane.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or follow this link: https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/26/2020 • 8 minutes, 35 seconds

FT News Briefing - Winamp (1101)

Beijing’s legal force on Hong Kong, US retail, the future of higher education

The Chinese government is preparing to impose national security legislation on Hong Kong, and sales surged at the US retailers deemed “essential” by local authorities in the first quarter. Plus, the business of higher education is under threat because of coronavirus. The FT’s Andrew Jack explains.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or follow this link: https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/22/2020 • 11 minutes, 16 seconds

FT News Briefing - Winamp (1102)

CDC director warns of second coronavirus flare-up, threat to mortgage-backed bonds

Robert Redfield, the director of the Centers for Disease Control and Prevention warns that the rapid spread of coronavirus in the southern hemisphere suggests it is likely to flare up in the US later this year. Then, the biggest shopping mall in America has fallen behind on mortgage payments that help underpin the $500bn mortgage-backed bond market. Plus, the FT’s Stephanie Findlay will explain how India’s pharma and chemical groups are jostling to take business from China.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or follow this link: https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/21/2020 • 10 minutes, 34 seconds

FT News Briefing - Winamp (1103)

Facebook unveils online shopping venture, EU recovery fund, SoftBank’s future

Facebook has unveiled a shopping service that puts it in direct competition with Amazon and eBay, and a €500bn EU recovery fund put forward by Germany and France is facing some resistance. Plus, SoftBank announced a record $13bn annual loss earlier this week. The FT’s Tokyo correspondent, Kana Inagaki, explains what is next for founder Masayoshi Son. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or follow this link: https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/20/2020 • 10 minutes, 5 seconds

FT News Briefing - Winamp (1104)

Moderna vaccine trial pleases investors, EBITDAC backlash, Huawei sanctions

Positive results from the first US Covid-19 trial raised investors’ hopes of an economic rebound, Chinese self-driving car start-ups have been accelerating pilot projects as US rivals sit idle, and bond investors have hit out at the growing trend of companies reporting “earnings before coronavirus”. Plus, the FT’s Kiran Stacey explains what the latest US sanctions against Huawei mean for the Chinese telecoms company’s survival. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid or follow this link: https://www.ft.com/newsletter-signup/coronavirus?segmentId=9f398053-342f-c623-b5b3-1506d651696f. Hosted on Acast. See acast.com/privacy for more information.

5/19/2020 • 10 minutes, 47 seconds

FT News Briefing - Winamp (1105)

Powell on US recovery, Nomura to boost private market focus, Taiwan travel scheme

Federal Reserve chair Jay Powell has warned that the US economy may not “fully recover” until the end of 2021, Japan’s oldest brokerage firm, Nomura, is poised to unveil a new strategic focus on private markets, and the Taiwanese government and Stanford University are preparing a quarantine and testing regime for foreign travellers. Plus, the FT’s June Yoon explains how the hopeful era for South Korea’s film industry has been disrupted by the pandemic. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/18/2020 • 10 minutes, 7 seconds

FT News Briefing - Winamp (1106)

The race for a vaccine, the story behind EBITDAC, BoE’s Bailey

The hunt for a coronavirus vaccine is central to global efforts to restart economies. The FT’s US coronavirus correspondent, David Crow, explains how nationalism could slow the fight against the pandemic. Plus, some companies are presenting a new customised metric they are calling ebitdac: earnings before interest, tax, depreciation, amortisation — and coronavirus. The FT’s markets reporter, Nikou Asgari, looks into whether it will stick. Then, the governor of the Bank of England, Andrew Bailey on the central bank’s response to the crisis.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid.You can watch the full Andrew Bailey interview from The FT’s Global Boardroom event here. Hosted on Acast. See acast.com/privacy for more information.

5/15/2020 • 9 minutes, 45 seconds

FT News Briefing - Winamp (1107)

Jay Powell calls for more fiscal stimulus, BMW’s dividend plan, CLO vulnerability

Federal Reserve chair Jay Powell said on Wednesday that additional fiscal stimulus may be “worth it” to shield the US economy from long-term economic damage due to the pandemic, meanwhile, OECD secretary-general Angel Gurría warned that rising debt levels would “come back to haunt us”. Plus, BMW is facing criticism for plans to make a dividend payout to shareholders despite requesting subsidies from the German government. Then, collateralised loan obligations, or CLOs, have boomed over the past decade. The FT’s capital markets correspondent, Rob Smith, explains why they could be vulnerable during the recession.  To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. You can watch the full Angel Gurría interview from The FT’s Global Boardroom event here. Hosted on Acast. See acast.com/privacy for more information.

5/14/2020 • 8 minutes, 43 seconds

FT News Briefing - Winamp (1108)

Global economic outlook worsening, dealmaking in the pandemic, looming EM debt crisis

The global economic outlook is still worsening, according to IMF managing director Kristalina Georgieva. Plus, the FT’s corporate finance and deals editor, Arash Massoudi, reports on the latest deal to collapse amid the pandemic and the FT’s Colby Smith explains why the looming emerging markets debt crisis is expected to be messy.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/13/2020 • 10 minutes

FT News Briefing - Winamp (1109)

Flaw in mass testing, BP chief weighs in on oil, rental car groups under pressure

The head of an Italian biotech company that sells Covid-19 diagnostic and antibody tests told the FT that demand far exceeded supply as countries put mass testing at the centre of plans to ease lockdowns, BP’s new chief executive, Bernard Looney, said the coronavirus hit to crude consumption was likely to endure beyond the pandemic, and, as coronavirus takes a devastating toll on senior living homes, investors are being forced to recognise they are more than mere landlords. Plus, the FT’s motor industry correspondent, Peter Campbell, explains why fewer bookings is not the only reason rental car companies are hurting. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/12/2020 • 10 minutes, 27 seconds

FT News Briefing - Winamp (1110)

UK airlines seek government aid, WeWork rent, renewable energy defies market turmoil

UK airlines demanded “urgent additional government support” on Sunday warning that Boris Johnson’s plans to introduce a 14-day quarantine for people arriving in the UK by air will exacerbate the crisis facing the sector. Plus, US businesses resuming operations after coronavirus lockdowns are confronting uncertain legal terrain over whether they are required to pay workers for time spent on health checks, and WeWork’s move to skip rent payments and renegotiate hundreds of its leases is rippling into the commercial mortgage market. Then, renewable energy is one of the few sectors that has managed to weather the devastating effects of coronavirus, with new deals and new records being struck, even while the rest of the world has been grappling with the pandemic. The FT’s environment and clean energy correspondent, Leslie Hook, explains. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid.--You might also be interested in a three-day digital conference hosted by the Financial Times. On 12-14 May, the FT will gather the most senior global decision makers and leading minds in policy, business, tech and finance for three days of online conversations with our top journalists – it's also free to join. Find out more at: https://globalboardroom.ft.com/. Hosted on Acast. See acast.com/privacy for more information.

5/11/2020 • 8 minutes, 55 seconds

FT News Briefing - Winamp (1111)

Food delivery boosts Uber sales, US jobs preview, the fashion industry under lockdown

Uber reported stronger than expected first-quarter revenues on Thursday thanks to a surge in food delivery;  India’s richest man, Mukesh Ambani, has sold a stake in his digital services group Reliance Jio for a third time in three weeks. Plus, we will look at what to expect from the US jobs report for April. Then, without runways or retail, how is the fashion industry faring under lockdown? The FT’s fashion editor, Lauren Indvik, will explain.  To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid.--You might also be interested in a three-day digital conference hosted by the Financial Times. On 12-14 May, the FT will gather the most senior global decision makers and leading minds in policy, business, tech and finance for three days of online conversations with our top journalists – it's also free to join. Find out more at: https://globalboardroom.ft.com/  Hosted on Acast. See acast.com/privacy for more information.

5/8/2020 • 10 minutes, 37 seconds

FT News Briefing - Winamp (1112)

US-China trade, ECB to resist pressure from German court, Airbnb’s outlook

Donald Trump is weighing up more aggressive economic measures against China, The European Central Bank is expected to resist recent pressure from Germany’s constitutional court over its bond-buying programme, and first-quarter results from Lyft showed promising signals for the company’s target of profitability until the disruption of the coronavirus pandemic. Plus, Airbnb was expected to make its stock market debut this year. The FT’s San Francisco correspondent, Dave Lee, will tell us how it is thinking about the future as the travel industry deals with the upheaval from the virus.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/7/2020 • 8 minutes, 11 seconds

FT News Briefing - Winamp (1113)

Disney’s $1.4bn hit, Beyond Meat boost, ECB called to justify bond-buying programme

Disney estimates that the coronavirus crisis wiped as much as $1.4bn from its quarterly operating profit, while Beyond Meat gears up for the price of its plant-based burgers to compete directly with real beef at the supermarket, and Germany’s constitutional court has called on the European Central Bank to justify its bond-buying programme. Plus, the FT’s global business columnist, Rana Foroohar, argues that economists will have to abandon their traditional way of thinking to deal with problems posed by the pandemic. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/6/2020 • 10 minutes, 44 seconds

FT News Briefing - Winamp (1114)

Aviation industry under pressure, Argentina’s debt deadline, why Silicon Valley is surviving the ad crash

The aviation industry took another hit from the coronavirus crisis on Monday as GE cut 10,000 aerospace jobs, and Argentina debt holders doubled down on their opposition to the government’s plan to restructure its debt. Plus, as the coronavirus pandemic rages on, advertising costs are being cut from many corporate budgets. The FT’s Tim Bradshaw explains why Silicon Valley is surviving the ad crash. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/5/2020 • 9 minutes, 48 seconds

FT News Briefing - Winamp (1115)

Banks get ready for bad loans, losses at Berkshire Hathaway, BlackRock’s influence

US and European banks are on track to book more than $50bn of charges on souring loans in the first quarter. Plus, the FT’s Eric Platt reports on Berkshire Hathaway’s annual general meeting, where Warren Buffett was the star of the show, and the FT’s deputy editor, Patrick Jenkins, explains how BlackRock’s small consultancy division came to have a growing influence on a number of governments. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/4/2020 • 8 minutes, 37 seconds

FT News Briefing - Winamp (1116)

Amazon Covid-19 costs, Boeing taps bond market, UK recruits fruit pickers

Amazon has warned that coronavirus measures could cost at least $4bn in the next quarter and wipe out any gain from a jump in sales during the pandemic, and Boeing has tapped the bond market for $25bn to help weather a cash drain this year. Plus, the FT’s Judith Evans reports on a crisis building in the UK fruit farming industry. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

5/1/2020 • 9 minutes, 47 seconds

FT News Briefing - Winamp (1117)

Fed’s ‘medium-term’ warning, Microsoft growth, Barclays loan provisions

The Federal Reserve has warned of lasting “medium-term” economic fallout from the coronavirus pandemic. The FT’s James Politi unpacks the central bank’s outlook. Plus, the White House praised Gilead’s remdesivir as a coronavirus treatment drug after the release of the findings from a new study, and Microsoft posted strong results in the latest quarter thanks to a jump in its cloud-related business. Then, the FT’s Stephen Morris reports on how Barclays fared in the first quarter as the bank announced  a sharp increase in provisions for bad loans.To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

4/30/2020 • 10 minutes, 11 seconds

FT News Briefing - Winamp (1118)

Alphabet’s signs of recovery, Trump’s meat plant order, measuring inflation

Google’s internet search business stabilised in April after a sharp downturn at the end of last month, Fitch has downgraded Italy’s credit rating to a single notch above junk, and US President Donald Trump orders meat-processing plants to remain open in the wake of coronavirus-related closures. Plus, the FT’s economics correspondent, Delphine Strauss, explains why statisticians  are having such a hard time measuring inflation during the global pandemic. Hosted on Acast. See acast.com/privacy for more information.

4/29/2020 • 10 minutes, 14 seconds

FT News Briefing - Winamp (1119)

European bank earnings, coronavirus threat to call centres

US oil prices fell sharply on Monday after the world’s largest oil-backed exchange traded fund began offloading all of its short-term contracts, and investors in European banks are braced for significant loan-loss provisions as the sector reports quarterly earnings this week. Plus, the FT’s John Reed will explain why the Philippines’ coronavirus lockdown is causing pain for the country’s vast outsourcing sector. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

4/28/2020 • 9 minutes, 44 seconds

FT News Briefing - Winamp (1120)

Covid-19 death toll, gap between financial markets and economy, Berlin’s reopening

An FT analysis found that the death toll from coronavirus may be almost 60 per cent higher than reported in official counts, and analysts are scrambling for explanations on the divergence between the flying stock market and the grim global economic picture. Plus, the FT’s Berlin bureau chief, Guy Chazan, explains how Berlin is fairing since the city’s shops reopened last week. To get free access to the FT’s Coronavirus Business Update newsletter for 30 days, visit ft.com/newsbriefingcovid. Hosted on Acast. See acast.com/privacy for more information.

4/27/2020 • 10 minutes, 27 seconds

FT News Briefing - Winamp (1121)

Germany backs EU recovery fund, Gilead drug flops, Rana Foroohar on US austerity

Germany is prepared to make a substantial financial contribution to help relaunch eurozone economies after the coronavirus pandemic, and the World Health Organization accidentally published documents yesterday showing that a potential antiviral drug for the coronavirus flopped in its first randomised clinical trial. Plus, the FT’s global business columnist, Rana Foroohar, argues that the economic ramifications of the coronavirus crisis will produce a new age of US austerity.   Hosted on Acast. See acast.com/privacy for more information.

4/24/2020 • 9 minutes, 20 seconds

FT News Briefing - Winamp (1122)

ECB to accept ‘fallen angel’ bonds as collateral, Covid-19 legal protections

The European Central Bank has changed its rules to accept bonds that lose their investment grade credit rating during the coronavirus crisis as collateral, oil prices rebounded on Wednesday after Donald Trump stoked Middle East tensions, and US business groups are calling on the federal government to shield companies from litigation if workers are exposed to the virus. Plus, the FT’s Moscow bureau chief, Henry Foy, explains why Vladimir Putin’s regime is leaning on tycoons to help the state in troubled times.  Hosted on Acast. See acast.com/privacy for more information.

4/23/2020 • 10 minutes, 27 seconds

FT News Briefing - Winamp (1123)

Oil market turmoil, Netflix adds 16m subscribers, future of aerospace

Global oil markets remained under intense pressure on Tuesday with the price of US crude oil for June delivery nearly halving and Brent dropping below $20 per barrel for the first time in 18 years. Meanwhile, the White House and congressional leaders agreed to a new coronavirus stimulus package which includes funds to replenish the small business rescue fund, and Netflix has emerged as one of the few corporate winners of the pandemic after adding more than twice as many subscribers as it had forecast last quarter. Plus, the FT’s industry editor, Peggy Hollinger, explains how the aerospace industry is being forced to adapt to a dramatic decline in air travel due to coronavirus. Hosted on Acast. See acast.com/privacy for more information.

4/22/2020 • 10 minutes, 24 seconds

FT News Briefing - Winamp (1124)

US oil prices plummet, Singapore oil trader scandal

Yesterday, US oil prices crashed into negative territory for the first time in history. The FT’s US energy editor, Derek Brower, explains why and what is next for producers. Then, the FT’s natural resources editor, Neil Hume, explains how Singapore oil trader Hin Leong Trading suffered $800m in losses that were not reflected in its financial statements. Plus, the Trump administration is facing backlash over the terms of its small business loan programme, and more than 1m people were enrolled in the UK’s flagship staff furlough scheme during its first day in operation.  Hosted on Acast. See acast.com/privacy for more information.

4/21/2020 • 10 minutes, 36 seconds

FT News Briefing - Winamp (1125)

Small business aid deal, ECB bad bank idea, emerging market debt

The Trump administration is closing in on a deal with Congress to provide another $300bn to coronavirus-hit small businesses. Then, the FT’s US economics editor, Brendan Greeley, explains how state budgets are coping without their normal tax revenue. Plus, the European Central Bank has held high-level talks about creating a eurozone bad bank for non-performing loans, and investors have pushed back on pleas by the G20 group of big economies to allow emerging markets to pause their debt repayments. Hosted on Acast. See acast.com/privacy for more information.

4/20/2020 • 8 minutes, 39 seconds

FT News Briefing - Winamp (1126)

Trump’s reopening plan, coronavirus drug report, Macron on EU solidarity

President Donald Trump backed away from threats to force a quick reopening of the US economy by unveiling guidelines for states, and US stock market futures rose 3 per cent late on Thursday after a report suggested a Gilead coronavirus drug had shown positive results in a clinical trial. Then, in an interview with the FT, French president Emmanuel Macron warned of the collapse of the EU as a “political project” unless richer states help economies such as Italy recover from the coronavirus pandemic. Plus, the FT’s Middle East editor, Andrew England, explains how Gulf sovereign wealth funds are mobilising to buy assets whose valuations have been hit hard by the outbreak.  Hosted on Acast. See acast.com/privacy for more information.

4/17/2020 • 11 minutes, 37 seconds

FT News Briefing - Winamp (1127)

Eurozone debt, US economic data, China cuts key lending rate

The coronavirus crisis is propelling Eurozone government debt towards 100 per cent of gross domestic product, three major US banks reported a total $12.8bn of charges in the first quarter for loan losses and warned there could be more to come, and data from all corners of the US economy published on Wednesday suggest the hit from coronavirus lockdowns has been deeper than feared. Plus, the FT’s Hudson Lockett explains why China’s central bank cut one of its most important lending rates to a record low. Hosted on Acast. See acast.com/privacy for more information.

4/16/2020 • 10 minutes, 7 seconds

FT News Briefing - Winamp (1128)

Airline aid, banks braced for credit loss, grim IMF outlook

The US Treasury Department has reached an agreement with US airlines that paves the way for a $25bn bailout for the industry. Plus, JPMorgan Chase and Wells Fargo increased loan-loss provisions by $10bn from last year to prepare for the impact of the pandemic. Then, the IMF said on Tuesday that the coronavirus crisis will leave lasting scars on the global economy. The FT’s economics editor, Chris Giles, explains how the damage could continue long after lockdowns are lifted. Hosted on Acast. See acast.com/privacy for more information.

4/15/2020 • 10 minutes, 35 seconds

FT News Briefing - Winamp (1129)

VC funding in China, Amazon jobs, oil under pressure

New figures show that venture capital funding in China rebounded in March after the country’s coronavirus outbreak, and Amazon has announced plans to hire 75,000 extra workers after hiring 100,000 new staff to handle coronavirus-induced demand. Plus, Anjli Raval explains why oil traders have doubts about the US-backed Opec deal to cut supply, and Rana Forhoohar argues that WeWork’s struggles illustrate what is to come in real estate markets in a post-coronavirus world. You can find Rana’s columns at FT.com/rana-foroohar Hosted on Acast. See acast.com/privacy for more information.

4/14/2020 • 10 minutes, 29 seconds

FT News Briefing - Winamp (1130)

Inside Wuhan’s liberation, Japan on lockdown

The coronavirus’ place of origin, Wuhan, has emerged from the world’s largest mass quarantine. Meanwhile, Japan is gambling that it can control the spread of coronavirus without a full lockdown. The FT’s correspondents on the ground in China and Japan, Don Weinland and Robin Harding, look at the differing stages these two places are at when it comes to the pandemic and the road ahead. Hosted on Acast. See acast.com/privacy for more information.

4/13/2020 • 9 minutes, 2 seconds

FT News Briefing - Winamp (1131)

Wall St worries, Europe funding, Singapore relapse

Wall Street banks are warning investors to brace for a new wave of stock market declines despite the recent relief rally, and eurozone finance ministers will reconvene today to work toward a deal on emergency lending to tackle the Covid-19 outbreak. The FT’s Mehreen Khan will explain the dispute between the Netherlands and Italy over the terms. Plus, Stefania Palma in Singapore explains how the country is handling its third wave of coronavirus infections. Hosted on Acast. See acast.com/privacy for more information.

4/9/2020 • 9 minutes, 53 seconds

FT News Briefing - Winamp (1132)

US stimulus, WeWork v SoftBank, Carnival bonds

The Trump administration is in talks with Congress to secure an additional $250bn to fund loans for small businesses hit by the coronavirus pandemic, and a special committee of WeWork board members issued a legal challenge on Tuesday over SoftBank’s withdrawal from a $3bn deal. Plus, the FT’s capital market’s correspondent Rob Smith explains how Carnival Corporation managed to persuade investors to put their money into the ailing cruise company.  Hosted on Acast. See acast.com/privacy for more information.

4/8/2020 • 10 minutes, 25 seconds

FT News Briefing - Winamp (1133)

Investors gain hope, Italy isolated, Rana Foroohar

US stocks and global equities surged on Monday as investors took heart from signs that the coronavirus outbreak may be stabilising in some of the worst-affected countries. Plus, with a death count of more than 16,000 people and its economy on course to suffer the deepest recession in its modern history, Italy is wrestling with a lack of assistance from its European neighbours. The FT’s Miles Johnson explains that Italians are feeling betrayed by how some countries are responding to their plight..  Plus, the FT’s global business columnist, Rana Foroohar argues that private and public - but mostly private - sectors need to invest in broadband improvements as lockdowns cause internet usage to rise. Hosted on Acast. See acast.com/privacy for more information.

4/7/2020 • 10 minutes, 24 seconds

FT News Briefing - Winamp (1134)

Covid-19 on emerging markets, possible oil tariffs

Emerging markets are scrambling to keep their economies afloat as the coronavirus pandemic deepens. The FT’s David Pilling will have more. Plus, America’s biggest banks will defend their plans to continue paying dividends in submissions to regulators today, and oil producers push back against the price war between Saudi Arabia and Russia. Hosted on Acast. See acast.com/privacy for more information.

4/6/2020 • 10 minutes, 35 seconds

FT News Briefing - Winamp (1135)

Oil price war, vaccines, banks on stimulus

Oil soared nearly 50 per cent at one point on Thursday in its biggest ever one-day rally after US president Donald Trump stoked hopes of a supply cut deal, German biotech groups are urging regulators to ease restrictions when it comes to testing a coronavirus vaccine, and bankers are raising doubts about whether the US government’s small business loan programme will begin today, as scheduled. Plus, banks were admonished over their role in causing the 2008 financial crisis. The FT’s David Crow explains how banks can rehabilitate themselves in the coronavirus crisis by distributing unprecedented amounts of stimulus. Hosted on Acast. See acast.com/privacy for more information.

4/3/2020 • 9 minutes, 38 seconds

FT News Briefing - Winamp (1136)

EU rescue fund, coronavirus hits rents

France is pushing for a common EU fund to help Europe through the coronavirus crisis. The FT’s Paris bureau chief, Victor Mallet, explains what the plan entails. Then, the rapid spread of the outbreak has pushed commercial landlords and their tenants to breaking point. FT property reporter George Hammond unpacks the brewing conflict between landlords and the tenants that are unable to pay rent. Plus, Amazon has said it is urgently investigating claims of “subhuman” conditions at a Philippines call centre, and SoftBank has pulled out of a $3bn purchase of WeWork stock.   Hosted on Acast. See acast.com/privacy for more information.

4/2/2020 • 11 minutes, 11 seconds

FT News Briefing - Winamp (1137)

Gillian Tett on Fed dollar scheme, Covid-19 testing

The FT’s Gillian Tett unpacks the Federal Reserve’s latest move to meet the global demand for dollars, and science editor Clive Cookson explains how different countries are handling coronavirus testing and how the private sector could step in. Plus, Donald Trump is set to suspend some tariffs for 90 days as he tries blunt the economic damage from the pandemic, the UK’s six biggest banks have bowed to pressure from Britain’s top financial regulator to suspend dividend payments, and as coronavirus reaches the developing world, a record 85 countries have approached the IMF for short-term relief in recent weeks. Hosted on Acast. See acast.com/privacy for more information.

4/1/2020 • 10 minutes, 6 seconds

FT News Briefing - Winamp (1138)

Amazon during Covid-19, Rana on corporate interests

Amazon has pitched itself as an essential business to provide those sheltering in place with needed products. The FT’s Dave Lee reports on how the e-commerce group could emerge as a hero if deliveries remain on track, but only if it does so without pushing employees to take excessive health risks. Meanwhile, insurers are tightening the terms of their business coverage to make sure anything related to the pandemic is explicitly excluded. Plus, Rana Foroohar argues that 50 years of US policy in favour of private sector interests have come home to roost as the economy copes with coronavirus. Hosted on Acast. See acast.com/privacy for more information.

3/31/2020 • 10 minutes, 43 seconds

FT News Briefing - Winamp (1139)

The ventilator challenge, stimulus questions

Manufacturers are working to produce the ventilators needed to help severely ill coronavirus patients breathe. The question is whether those inexperienced in the field can overcome the logistical and regulatory hurdles in time to deliver the life-saving machines. Plus, US companies have questions about how to access the $454bn of government funds set aside in the $2tn stimulus legislation, and Italy’s shadow workers are left out of the country’s safety net. Hosted on Acast. See acast.com/privacy for more information.

3/30/2020 • 8 minutes, 42 seconds

FT News Briefing - Winamp (1140)

Market relief rally, ECB flexes, WeWork cash burn

US stocks were up for a third straight day after the Senate agreed to a $2.2tn stimulus package Wednesday. The bill comes as a report on Thursday showed that a record 3.3m Americans filed for unemployment last week from the coronavirus shutdown. Plus, the European Central Bank is giving itself a tremendous amount of flexibility in its plan to buy €750bn in additional bonds to contain the fallout from the virus. And, WeWork burnt through $1.4bn last quarter, almost all the cash injection its principal backer SoftBank had most recently provided.  Hosted on Acast. See acast.com/privacy for more information.

3/27/2020 • 10 minutes

FT News Briefing - Winamp (1141)

Stimulus haggle, James Kynge on China, US oil talks

The US Senate has approved fiscal stimulus legislation worth $2tn after a week of intense negotiations, Ford suffers the biggest credit rating downgrade since 2005, and the FT’s James Kynge tells us how China could become an example of growth while the rest of the world deals with the coronavirus crisis. Plus, the US has raised the pressure on Saudi Arabia to end its oil price war with Russia as the shale industry faces a collapse. Hosted on Acast. See acast.com/privacy for more information.

3/26/2020 • 10 minutes, 29 seconds

FT News Briefing - Winamp (1142)

Dash for cash, shutdown debate, Softbank talks

As traditional capital markets seize up, businesses are turning to emergency sources of funding. An FT analysis shows that more than 130 companies drew at least $124bn from their lenders in the past three weeks. Plus, Europe is facing a dilemma over whether to allow certain businesses to operate or shut the economy entirely to slow the spread of the coronavirus, and SoftBank explored an attempt to take the conglomerate private before deciding to sell some of its assets this week. Hosted on Acast. See acast.com/privacy for more information.

3/25/2020 • 7 minutes, 27 seconds

FT News Briefing - Winamp (1143)

Wall Street awaits fiscal stimulus deal from Washington

The Federal Reserve announced a plan to buy corporate debt and unlimited amounts of government debt on Monday. But investors on Wall Street continue to wait for fiscal stimulus from the US government.  Plus, The FT’s global business columnist, Rana Foroohar, argues that, when a bailout plan is agreed, small businesses and individuals should be first in line for the help. Hosted on Acast. See acast.com/privacy for more information.

3/24/2020 • 8 minutes, 59 seconds

FT News Briefing - Winamp (1144)

US stimulus setback, tracking Covid-19 indicators

US lawmakers argue over a fiscal stimulus legislation worth nearly $2tn to help America weather the coronavirus pandemic. Plus, it could be weeks before official data reveals the full impact of the outbreak on the global economy. FT data journalists have compiled a set of alternative measures of economic activity, from restaurant bookings to traffic patterns, to give an early indication of what to expect. And, Occidental Petroleum chief executive Vicki Hollub looks set to keep her job as the embattled oil producer finalises a truce with activist investor Carl Icahn. Hosted on Acast. See acast.com/privacy for more information.

3/23/2020 • 8 minutes, 28 seconds

FT News Briefing - Winamp (1145)

Friday, March 20

Republicans in the US Senate have introduced legislation to inject more than $1tn of fiscal stimulus into the economy as it grapples with the coronavirus outbreak. Sir Paul Tucker, the former deputy governor of the Bank of England and current chair of the Systemic Risk Council, says it’s time for policymakers and bankers to prepare for a wartime setting if conditions deteriorate. Plus, the only US drugmaker that makes a potential treatment for the coronavirus raised the price nearly 100 per cent in January as the outbreak wreaked havoc in China. Hosted on Acast. See acast.com/privacy for more information.

3/20/2020 • 10 minutes, 56 seconds

FT News Briefing - Winamp (1146)

Thursday, March 19

The European Central Bank will buy an additional €750bn in bonds in response to the economic and financial upheaval caused by the coronavirus pandemic. Gillian Tett and Anjli Raval explain the dramatic market swings in markets that preceded the ECB’s emergency move. Plus, we will look at the bottlenecks in the healthcare supply chain as demand grows for testing and critical care equipment. Hosted on Acast. See acast.com/privacy for more information.

3/19/2020 • 10 minutes, 39 seconds

FT News Briefing - Winamp (1147)

Wednesday, March 18

Western governments pledged trillions of dollars in stimulus measures to limit the economic fallout from the coronavirus pandemic on Tuesday. The FT’s global business columnist Rana Foroohar explains what it could mean for Wall Street and Main Street. Plus, Impossible Foods raises $500m in a round that will help the US-plant based burger group to see through the economic upheaval caused by the current crisis, and Joe Biden solidifies his status as the frontrunner to take on Donald Trump in November. Hosted on Acast. See acast.com/privacy for more information.

3/18/2020 • 7 minutes, 56 seconds

FT News Briefing - Winamp (1148)

Tuesday, March 17

Governments in all large western economies took drastic measures to limit public movement on Monday in an urgent effort to arrest the spreading coronavirus pandemic while US stocks plunged despite a set of emergency measures laid out by the Federal Reserve on Sunday. Plus, an analysis by the Financial Times finds that the UK and the US have key weaknesses in their healthcare systems which could trigger a collapse if put to the test by the outbreak.  Hosted on Acast. See acast.com/privacy for more information.

3/17/2020 • 9 minutes, 4 seconds

FT News Briefing - Winamp (1149)

Monday, March 16

The Federal Reserve cut interest rates to zero and joined forces with other central banks in a bid to prevent a severe economic downturn caused by the coronavirus outbreak. The FT’s Gillian Tett unpacks the sweeping measures. Plus, the rapid spread of the coronavirus and the ensuing travel restrictions have led to one of the worst months on record for the airport industry, and French industrials group Air Liquide is asking would-be buyers of its hand sanitiser unit to offer a higher sum in the wake of the outbreak. Hosted on Acast. See acast.com/privacy for more information.

3/16/2020 • 8 minutes, 18 seconds

FT News Briefing - Winamp (1150)

Friday, March 13

US stocks fell almost 10 per cent in their worst day since the 1987 market crash despite emergency action by the Federal Reserve. Meanwhile, following the US ban on travellers from Europe, airlines are demanding immediate government action to alleviate the industry’s deepening crisis. Plus, companies took on vast amounts of debt in the era of low interest rates. The FT’s US business editor, Andrew Edgecliffe-Johnson, explains the risk this debt poses now. We want to hear from you. Please go to FT.com/briefingsurvey, and fill out our survey for a chance to win a pair of Bose headphones.  Hosted on Acast. See acast.com/privacy for more information.

3/13/2020 • 9 minutes, 2 seconds

FT News Briefing - Winamp (1151)

Thursday, March 12

The Trump administration will suspend non-US citizens travelling from Europe for the next 30 days to reduce the spread of the coronavirus in America. This announcement came on the same day the World Health Organization labelled the coronavirus outbreak a pandemic for the first time, and the blue-chip Dow Jones Industrial Average tipped into bear market territory. Plus, Boeing lost close to a fifth of its market value on after news that it had tapped the full amount of a $13.8bn loan to deal with the financial effects of the coronavirus. Then, we will look at what to expect from Christine Lagarde and the European Central Bank today, now that the Federal Reserve and the Bank of England have made emergency rate cuts. We want to hear from you. Please go to FT.com/briefingsurvey, and fill out our survey for a chance to win a pair of Bose headphones. Hosted on Acast. See acast.com/privacy for more information.

3/12/2020 • 10 minutes, 28 seconds

FT News Briefing - Winamp (1152)

Wednesday, March 11

Joe Biden cemented his lead as the frontrunner in the Democratic presidential race, winning several states including the battleground of Michigan. Plus, airlines cancel flights, withdraw earnings guidance and implement austerity measures to cope with the travel slump caused by the coronavirus outbreak, and the head of the International Energy Agency warns Russia and Saudi Arabia risk hurting efforts to stop the spread of coronavirus if they insist on continuing an oil price war. Then, the FT’s Chris Giles explains how the UK budget, to be unveiled today, is expected to set some money aside to deal with the outbreak. We want to hear from you. Please go to FT.com/briefingsurvey, and fill out our survey for a chance to win a pair of Bose headphones. Hosted on Acast. See acast.com/privacy for more information.

3/11/2020 • 9 minutes, 43 seconds

FT News Briefing - Winamp (1153)

Tuesday, March 10

A crash in the price of oil rocked financial markets that were already reeling from the effects of the coronavirus. Meanwhile, Italy extended its quarantine to the entire country, two of the world’s largest medical research foundations are teaming up with a Mastercard-backed charity to commit $125m in “seed funding” to develop treatments for Covid-19, and US president Donald Trump says his administration will propose a relief package today to reduce the negative economic effects of the outbreak. Plus, EU leaders have vowed to work with Turkey to prevent renewed tensions at their shared border and revive a 2016 migration deal. And, the FT’s Derek Brower will explain how the oil price war has left US shale producers hanging on for survival. Hosted on Acast. See acast.com/privacy for more information.

3/10/2020 • 10 minutes, 5 seconds

FT News Briefing - Winamp (1154)

Monday, March 9

Saudi Arabia has launched an aggressive oil price war after Russia refused to join production cuts with Opec, Italy locks down a huge swath of its wealthy northern area that is home to 16m people in order to contain the spread of coronavirus, and Citigroup confirmed that it is severing nearly two-thirds of the platforms it uses for currency trading as part of an effort to cut costs. Plus, Turkey is threatening to allow migrants to flow into Europe unless it gets more funding from the European Union. The FT’s Mehreen Khan and Laura Pitel explain the human tug-of-war.  We want to hear from you! Please go to FT.com/briefingsurvey, and fill out our survey for a chance to win a pair of Bose QuietComfort Noise Cancelling headphones.  Hosted on Acast. See acast.com/privacy for more information.

3/9/2020 • 11 minutes, 6 seconds

FT News Briefing - Winamp (1155)

Friday, March 6

US stocks dropped as Treasury yields touched records lows on Thursday and bank share price falls led the way, struggling Chinese ride-hailing group Didi Chuxing is suffering a further blow due to the coronavirus, and ExxonMobil says it will avoid a “beauty match” on carbon emissions as rivals set out targets. Plus, the world’s biggest oil traders slashed global demand forecasts with growth falling to the weakest levels since the financial crisis. The FT’s Anjli Raval explains how this adds pressure on Opec to cut output. Hosted on Acast. See acast.com/privacy for more information.

3/6/2020 • 9 minutes, 57 seconds

FT News Briefing - Winamp (1156)

Thursday, March 5

US stocks recovered more than 4 per cent on Wednesday, a day after the Federal Reserve cut interest rates by 50 basis points and spooked investors, Rupert Murdoch’s youngest son, James, is making a seven-figure investment in start-ups aimed at combating fake news, and the US is ready to invest $5bn in Ethiopia in an effort to counter China’s influence in one of Africa’s fastest-growing economies. Plus, banks are gearing up in the event that the coronavirus outbreak forces traders to work offsite. The FT’s Laura Noonan explains why it is not as simple as bringing home your laptop. Hosted on Acast. See acast.com/privacy for more information.

3/5/2020 • 10 minutes, 26 seconds

FT News Briefing - Winamp (1157)

Wednesday, March 4

Joe Biden emerged as a major contender in Super Tuesday voting, despite Bernie Sanders winning in California. Meanwhile, the Federal Reserve failed to ease recession fears on Tuesday when it made an emergency interest rate cut. The FT’s Gillian Tett explains why. Plus, Tesla short sellers have reaped $2.8bn as US stocks tumbled, and Airbus is reviewing its 2020 delivery targets as the global spread of coronavirus hits demand from airlines. Hosted on Acast. See acast.com/privacy for more information.

3/4/2020 • 8 minutes, 36 seconds

FT News Briefing - Winamp (1158)

Tuesday, March 3

US stocks ended a seven-day losing streak on Monday on expectations that central banks will soften the economic impact of the coronavirus outbreak and driverless car company Waymo raises $2.3bn from a group of outside investors. Plus, the FT’s George Parker explains the expectations of both the United Kingdom and the European Union as their trade talks begin.  Hosted on Acast. See acast.com/privacy for more information.

3/3/2020 • 9 minutes, 13 seconds

FT News Briefing - Winamp (1159)

Monday, March 2

Disruptions caused by the coronavirus are driving the global economy closer to a recession and triggering calls for fiscal and monetary intervention, activist hedge fund Elliott Management is pushing for big changes at Twitter after taking a $1bn stake, and the US state of Wyoming is in talks to buy millions of acres of land from Occidental Petroleum. Plus, if Bernie Sanders is elected US president, his policies have the potential to radically change the US financial system. The FT’s Robert Armstrong explains how Wall Street is weighing up the idea of a socialist in the White House.  Hosted on Acast. See acast.com/privacy for more information.

3/2/2020 • 9 minutes, 25 seconds

FT News Briefing - Winamp (1160)

Friday, February 28

US equities closed in correction territory on Thursday on coronavirus concerns, while Saudi Arabia is asking its Opec allies to agree to a substantial cut in oil production to deal with crippling demand. Plus, a report from Beijing on how China is trying to get its factories back to work, and the FT’s Gillian Tett unpacks how the outbreak is affecting the global economy.   Hosted on Acast. See acast.com/privacy for more information.

2/28/2020 • 9 minutes, 49 seconds

FT News Briefing - Winamp (1161)

Thursday, February 27

Donald Trump sought to defuse criticism of his handling of the coronavirus and predicted stock markets would be booming again, while investors are betting that central banks will respond to the financial fallout from the outbreak with stimulus, and Microsoft has warned that supply chain disruption due to the virus will cause the company to miss its revenue guidance for its Windows and Surface products. Plus, Walmart is exploring the sale of a stake in the UK supermarket chain Asda.  Hosted on Acast. See acast.com/privacy for more information.

2/27/2020 • 9 minutes, 14 seconds

FT News Briefing - Winamp (1162)

Wednesday, February 26

A fresh wave of selling pressure rippled across global markets on Tuesday as public health officials warned Americans to prepare for the spread of the coronavirus, Bob Iger has stepped down as chief executive of Walt Disney a year after extending his contract, and Virgin Galactic shares fall after the space tourism company reports that losses widened in the fourth quarter. Plus, there has been a wave of leadership change at European banks in the past few months. The FT’s David Crow explains why the lenders are scrambling to find a new generation of chief executives.  Hosted on Acast. See acast.com/privacy for more information.

2/26/2020 • 12 minutes, 3 seconds

FT News Briefing - Winamp (1163)

Tuesday, February 25

Global stocks had their worst day in two years on Monday as new coronavirus cases outside China dashed hopes that the outbreak had been contained, US energy stocks are now underperforming the main US stock market index by the biggest margin since 1941, disgraced film producer Harvey Weinstein was found guilty by a jury in New York of sex crimes including rape, and HP announced a $16bn buyback plan as it claims to be engaging with printer rival Xerox in deal talks. Hosted on Acast. See acast.com/privacy for more information.

2/25/2020 • 10 minutes, 18 seconds

FT News Briefing - Winamp (1164)

Monday, February 24

Barclays is preparing to start a search for a new chief executive to replace Jes Staley, European buyout firm CVC Capital Partners is plotting an ambitious reshaping of one of the world’s most popular sports - rugby, and Italy has imposed a strict quarantine across at least 10 towns to contain the largest outbreak of coronavirus outside of Asia.  Plus, the FT’s Benjamin Parkin previews Donald Trump’s visit to India. Hosted on Acast. See acast.com/privacy for more information.

2/24/2020 • 9 minutes, 41 seconds

FT News Briefing - Winamp (1165)

Friday, February 21

EU leaders are deadlocked over how to finance the bloc’s next multi-annual budget, a judge handed down a 40 year sentence to Roger Stone on Thursday, saying the Republican political operative was prosecuted for covering up for President Donald Trump, and the luxury industry faces its biggest threat since the 2008 financial crisis with the coronavirus outbreak. Plus, wealthy Arab states have been pouring money into football as part of their effort to diversify the oil-dependent economies. But that money has caught the attention of one of football’s main governing bodies. The FT’s sports correspondent, Murad Ahmed, explains.  Hosted on Acast. See acast.com/privacy for more information.

2/21/2020 • 10 minutes

FT News Briefing - Winamp (1166)

Thursday, February 20

UBS names Ralph Hamers from ING as its next chief executive, Boeing asks for a $100m a year tax break from Washington state to be suspended in order to avert retaliatory tariffs this summer, and the UN has teamed up with a New York start-up to develop technology that will attempt to gauge how people living in war zones feel about peace negotiations. Plus, billionaire Michael Bloomberg has made up for his late entry into the Democratic presidential race with an advertising spending spree of nearly half a billion dollars. The FT’s Brooke Fox and Anna Nicolaou report on the strategy that has caught the other campaigns off-guard. Hosted on Acast. See acast.com/privacy for more information.

2/20/2020 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1167)

Wednesday, February 19

The EU’s richest states have dug in their heels over the region’s budget as European Council president Charles Michel seeks to ease the blow of spending cuts on poorer countries, Donald Trump extended clemency to several high-profile white-collar criminals on Tuesday, including former Illinois governor Rod Blagojevich and financier Michael Milken, and US asset manager Franklin Templeton has agreed to buy rival Legg Mason for $6.5bn including debt. Plus, the FT’s David Crow reports on HSBC’s radical plan to downsize.  Hosted on Acast. See acast.com/privacy for more information.

2/19/2020 • 9 minutes, 12 seconds

FT News Briefing - Winamp (1168)

Tuesday, February 18

Apple has warned that disruption in China from the coronavirus will cause its revenues to fall short in the current quarter, Amazon founder Jeff Bezos has announced a $10bn fund to help fight climate change following intense criticism over the e-commerce group’s own environmental impact, and a start-up touted as the “Uber of dry cleaning” collapsed into administration on Friday, wiping out all of its investors, including British businessman Michael Spencer. Plus, the EU has rejected Facebook’s latest vision of how online content should be regulated. The FT’s Javier Espinoza reports on chief executive Mark Zuckerberg’s day in Brussels.  Hosted on Acast. See acast.com/privacy for more information.

2/18/2020 • 8 minutes, 36 seconds

FT News Briefing - Winamp (1169)

Monday, February 17

The head of SoftBank’s $100bn Vision Fund has lined up billions of dollars of outside investment for a new hedge fund-style vehicle, Goldman Sachs and a research boutique have constructed a “synthetic” way for investors to bet more cheaply against Chinese stocks, and Samsung has begun flying electronic components for its latest Galaxy phones from China to its factories in Vietnam as it grapples with sweeping supply chain disruptions caused by coronavirus. Plus, parts of the Middle East and Africa have some of the world’s youngest populations as well as its highest rates of youth unemployment. The FT’s Adrienne Klasa reports on the demographic pressures experts warn will only increase. Hosted on Acast. See acast.com/privacy for more information.

2/17/2020 • 9 minutes, 4 seconds

FT News Briefing - Winamp (1170)

Friday, February 14

US attorney-general William Barr publicly rebuked Donald Trump, saying the president’s tweets about ongoing criminal cases had made it “impossible” to do his job, while the US Senate voted to limit Mr Trump’s military authority in Iran. Plus, US prosecutors accuse Huawei of stealing technology from several American companies and Amazon wins its request to temporarily block a $10bn US defence contract awarded to Microsoft. Plus, Sajid Javid abruptly quit as UK chancellor on Thursday after a brutal power struggle with prime minister Boris Johnson. The FT’s Robert Shrimsley explains what happened.  Hosted on Acast. See acast.com/privacy for more information.

2/14/2020 • 10 minutes, 22 seconds

FT News Briefing - Winamp (1171)

Thursday, February 13

Democrats in the US House of Representatives call on attorney-general William Barr to testify over claims of political influence in a case involving a friend of the president, Berkshire Hathaway vice-chairman Charlie Munger shares his pessimistic view of the future, and Europe’s largest telecoms conference has been forced to cancel this year’s event over fears of the spread of coronavirus. Plus, the US Department of Justice is backing Qualcomm as the chipmaker appeals against an antitrust fine from the Federal Trade Commission. The FT’s Kadhim Shubber explains how this complicates the relationship between the US regulators.   Hosted on Acast. See acast.com/privacy for more information.

2/13/2020 • 10 minutes, 27 seconds

FT News Briefing - Winamp (1172)

Wednesday, February 12

US senator Bernie Sanders declared victory in the New Hampshire Democratic presidential primary on Tuesday night, ride-sharing service Lyft disappointed investors who were looking for signs of an end to the losses, and electric scooter companies operating in Germany are braced for a setback on the streets as authorities push for a regulatory crackdown. Plus, the FT’s Hannah Kuchler explains why investors are bidding up companies that are working to alleviate the effects of the coronavirus. Hosted on Acast. See acast.com/privacy for more information.

2/12/2020 • 9 minutes, 7 seconds

FT News Briefing - Winamp (1173)

Tuesday, February 11

A federal judge is poised to approve T-Mobile’s takeover of Sprint, according to sources briefed on the matter, Donald Trump has put forward a budget proposal that slashes key planks of the US social safety net while preserving his tax cut, and the woman who was long seen as Angela Merkel’s successor, Annegret Kramp-Karrenbauer, said she would not run for German chancellor. Plus, nearly 150m Americans were compromised in the 2017 Equifax data breach. The FT’s Kadhim Shubber reports on why the US has blamed China. Hosted on Acast. See acast.com/privacy for more information.

2/11/2020 • 9 minutes, 25 seconds

FT News Briefing - Winamp (1174)

Monday, February 10

Google has been accused of unfairly promoting its own holiday rental search by more than 30 of its rivals, France’s Covéa is in exclusive talks to buy the Agnelli-owned PartnerRe for $9bn, and the result of Ireland’s general election was tied three ways on Sunday night. Plus, the FT’s San Francisco correspondent, Dave Lee, explains a new pilot programme from Airbnb after a series of shootings at its rentals. Hosted on Acast. See acast.com/privacy for more information.

2/10/2020 • 9 minutes, 54 seconds

FT News Briefing - Winamp (1175)

Friday, February 7

Uber shares traded higher after hours on Thursday after the ride-hailing company promised profitability in the final quarter of this year, officials in London and Washington told the FT that Donald Trump vented in “apoplectic” fury at Boris Johnson over Britain’s decision to allow China’s Huawei a role in its 5G mobile networks, and activist hedge fund Elliott Management has built a stake worth $2.5bn in SoftBank Group and is pressing for changes. Plus, the FT’s Tom Hanco*ck has been quarantined after reporting on the coronavirus in Wuhan. He explains how a crackdown on information about the virus in Wuhan allowed the disease to spread more widely.  Hosted on Acast. See acast.com/privacy for more information.

2/7/2020 • 9 minutes, 1 second

FT News Briefing - Winamp (1176)

Thursday, February 6

Donald Trump was acquitted on impeachment charges by the Senate on Wednesday, HSBC has decided to hold off on naming a permanent chief executive until after it unveils a strategy shake-up, and Chinese energy executives are projecting a 25 per cent fall in the country’s oil consumption this month due the effects of the coronavirus on demand. Plus, the FT’s Anna Nicolaou explains Spotify’s push into podcasts and what it means for the streaming giant’s music business. Hosted on Acast. See acast.com/privacy for more information.

2/6/2020 • 10 minutes, 15 seconds

FT News Briefing - Winamp (1177)

Wednesday, February 5

US president Donald Trump claimed “incredible results in boosting the US economy in a State of the Union address to Congress and Pete Buttigieg took a narrow lead in the Iowa Democratic presidential caucuses based on partial results.Plus, sources tell the FT that New York Stock Exchange owner Intercontinental Exchange had held takeover talks with eBay, a top US executive at SoftBank’s $100bn Vision Fund is leaving after expressing concerns about “issues” at the technology conglomerate and Ford shares fell almost 10 per cent on Tuesday as it delivered a disappointing 2020 outlook.  Hosted on Acast. See acast.com/privacy for more information.

2/5/2020 • 10 minutes, 12 seconds

FT News Briefing - Winamp (1178)

Tuesday, February 4

Opec and its allies are preparing emergency cuts to oil production after the economic fallout of the coronavirus pushed the price of crude into a bear market on Monday, the pace of revenue growth at Google parent Alphabet slowed more sharply than expected in the final quarter of last year, and the German government has drafted a bill to clamp down on anti-competitive behaviour from the likes of Google and Amazon. Plus, results out of the Iowa caucus were delayed Monday night as the state Democratic party cited “quality control” issues. The FT’s Lauren Fedor reports.  Hosted on Acast. See acast.com/privacy for more information.

2/4/2020 • 7 minutes, 23 seconds

FT News Briefing - Winamp (1179)

Monday, February 3

UK prime minister Boris Johnson is expected to set out his vision for future relations with the EU in a speech today, Beijing is poised to pump extra cash into China’s financial system as part of a way to shield the economy from the effects of the deadly coronavirus outbreak, and American voters in Iowa will kick off the US Democratic presidential primary race. Plus, the FT’s Patrick McGee explains why Germany fears being left behind by Silicon Valley and Big Tech. Hosted on Acast. See acast.com/privacy for more information.

2/3/2020 • 9 minutes, 54 seconds

FT News Briefing - Winamp (1180)

Friday, January 31

IBM has named Arvind Krishna as the new chief executive to take over from Ginni Rometty, Amazon’s one-day shipping delivered a bumper holiday sales season, and the World Health Organization has declared an international emergency over the new coronavirus epidemic. Plus, as the UK prepares to leave the European Union tonight, the FT’s George Parker says the British population is split between a state of vindication and of sadness. Hosted on Acast. See acast.com/privacy for more information.

1/31/2020 • 8 minutes, 54 seconds

FT News Briefing - Winamp (1181)

Thursday, January 30

Shares in Facebook dropped by more than 7 per cent on Wednesday after the company posted the slowest pace of growth since 2012. Plus scientists race to develop a vaccine for the deadly coronavirus, the Federal Reserve leaves its main policy rate unchanged, and Tesla and Microsoft post better than expected quarterly revenues. Then, Claire Bushey reports on Boeing’s first annual loss in more than 20 years. Hosted on Acast. See acast.com/privacy for more information.

1/30/2020 • 8 minutes, 13 seconds

FT News Briefing - Winamp (1182)

Wednesday, January 29

Apple recorded new records for both revenue and income for the holiday sales period, Starbucks has closed more than half of its 4,300 outlets in China over the coronavirus, Senate Republican leaders put pressure on colleagues to block witnesses in Donald Trump’s impeachment trial, and Mr Trump unveiled his long-delayed Middle East peace plan. Plus, Goldman Sachs chief executive David Solomon is taking a gamble on consumer banking. The FT’s Laura Noonan reports on the bank’s overhaul, and what has led to its first-ever investor day.  Hosted on Acast. See acast.com/privacy for more information.

1/29/2020 • 10 minutes, 28 seconds

FT News Briefing - Winamp (1183)

Tuesday, January 28

Airbus is on the brink of settling a bribery and corruption probe with regulators in the UK, France and the US, Boris Johnson feels increasing heat over Huawei’s role in the UK mobile phone network, and Donald Trump’s lawyers tried to shift the focus of his Senate impeachment trial away from revelations from former national security adviser John Bolton. Plus, global equity markets and oil prices fell sharply on Monday over concerns that the Coronavirus would slow China’s economic growth. The FT’s Tom Hanco*ck reports from Wuhan, the city at the centre of the outbreak. Hosted on Acast. See acast.com/privacy for more information.

1/28/2020 • 9 minutes, 8 seconds

FT News Briefing - Winamp (1184)

Monday, January 27

An internal probe showed that Deutsche Bank paid $1.1m to secure the wealth management business of a senior Saudi royal, Beijing has warned that the spread of the deadly coronavirus is expected to accelerate, and the Trump administration has warned that it would “react” with possible punitive measures against the EU for a carbon tax plan. Plus, more than three years after the Brexit referendum, the UK will leave the EU this week. The FT’s George Parker breaks down how the relationship might look after the separation.   Hosted on Acast. See acast.com/privacy for more information.

1/27/2020 • 9 minutes, 32 seconds

FT News Briefing - Winamp (1185)

Friday, January 24

A powerful rebound in Intel’s data centre division drove a stronger than expected recovery in the final quarter of 2019, former Wells Fargo chief executive John Stumpf has agreed to pay $17.5m as part of a settlement with US regulators over the bank’s fake accounts scandal, and the European Central Bank begins its first strategic review in 16 years. Plus, the founder of the opioid maker Insys has been sentenced to five-and-a-half years in prison. The FT’s Hannah Kuchler explains what this means for other US pharmaceutical executives.  Hosted on Acast. See acast.com/privacy for more information.

1/24/2020 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1186)

Thursday, January 23

Chinese authorities have shut down Wuhan transport networks in its efforts to contain the outbreak of a deadly Sars-like virus. Plus, the stock market value of Tesla topped $100bn for the first time on Wednesday, and Boeing’s new chief executive, David Calhoun, insists the 737 Max will fly again. Plus, the FT’s Tim Bradshaw takes a look at the competitive market for food delivery apps, and which companies are fighting to take your order.   Hosted on Acast. See acast.com/privacy for more information.

1/23/2020 • 10 minutes, 38 seconds

FT News Briefing - Winamp (1187)

Wednesday, January 22

The US Senate rejected Democratic bids to subpoena documents on the first day of the impeachment trial of Donald Trump, a slowdown in the US continues to weigh on Netflix’s subscriber growth, and the UK is set to go ahead with plans to introduce a new digital tax against US companies despite the threat of tariffs. Plus, Saudi Crown Prince Mohammed bin Salman has been implicated in a hack involving Jeff Bezos’s phone, Boeing has told customers and suppliers that the 737 Max will now stay grounded until the middle of 2020, and US health officials have confirmed the first US case of the Sars-like coronavirus. Hosted on Acast. See acast.com/privacy for more information.

1/22/2020 • 9 minutes, 31 seconds

FT News Briefing - Winamp (1188)

Tuesday, January 21

The US Senate impeachment trial of Donald Trump begins today. Republican Senate majority leader Mitch McConnell proposed rules on Monday evening that outraged Democrats. Plus, lawyers for Huawei’s Meng Wanzhou told a Canadian courtroom that the US extradition case against the executive amounted to “fiction”, France signals a breakthrough in talks to resolve a spat over digital taxes with the US, and the UK could be fined or lose preferential access to the European market if it violates the terms of a future relationship deal with the EU. Hosted on Acast. See acast.com/privacy for more information.

1/21/2020 • 9 minutes, 32 seconds

FT News Briefing - Winamp (1189)

Monday, January 20

US government-funded technology companies have recorded an increase in the use of circumvention software in Iran in recent weeks, the UK’s pledge to diverge from EU rules after Brexit has provoked alarm in Brussels, and a successful emergency escape simulation puts SpaceX on track for a launch with Nasa astronauts. Plus, the FT’s Andrew Edgecliffe-Johnson explains how climate change and Big Tech will drive the agenda at this year’s World Economic Forum annual meeting in Davos. Hosted on Acast. See acast.com/privacy for more information.

1/20/2020 • 8 minutes, 56 seconds

FT News Briefing - Winamp (1190)

Friday, January 17

Investors catapulted Alphabet’s stock market value above $1tn for the first time on Thursday, Comcast’s NBCUniversal unveils a new streaming service that will be free to many customers, and Italy’s collapsing birth rate raises alarm bells. Plus, a non-partisan government watchdog said the White House violated the law by withholding US military aid to Ukraine last year. The FT’s Kadhim Shubber explains what this means for Donald Trump’s impeachment trial. Hosted on Acast. See acast.com/privacy for more information.

1/17/2020 • 8 minutes, 24 seconds

FT News Briefing - Winamp (1191)

Thursday, January 16

The US and China have signed an agreement to pause the trade war that has weighed on the global economy for nearly two years, flying taxi start-up Joby Aviation secures $590m in a new funding round led by Toyota, and legal costs from the 1MDB bribery scandal hit Goldman Sachs earnings. Plus, the FT’s Lionel Barber shares the highlights from his exclusive interview with German chancellor Angela Merkel. Hosted on Acast. See acast.com/privacy for more information.

1/16/2020 • 8 minutes, 42 seconds

FT News Briefing - Winamp (1192)

Wednesday, January 15

The US House of Representatives will vote today on sending articles of impeachment against President Donald Trump to the Senate, Boeing has ceded the crown as the world’s biggest plane maker to rival Airbus, and investment in UK-based tech start-ups exceeded £10bn for the first time last year. Plus, JPMorgan Chase kicked off the Wall Street earnings season by posting a record profit. The FT’s Rob Armstrong will unpack the figures.  Hosted on Acast. See acast.com/privacy for more information.

1/15/2020 • 8 minutes, 13 seconds

FT News Briefing - Winamp (1193)

Tuesday, January 14

The UK government is trying to claw back some of the £10m paid to trade organisations to prepare for a no-deal Brexit, US officials have presented the UK with new intelligence challenging the claim that Britain would be able to mitigate the risks of adopting Huawei technology in its 5G network, and the US Treasury department has dropped the designation of China as a currency manipulator. Plus, tonight, six Democratic hopefuls will take part in the final US presidential primary debate before the crucial Iowa caucuses. The FT’s Lauren Fedor reports on how the candidates are doing in the 2020 race for the White House. Hosted on Acast. See acast.com/privacy for more information.

1/14/2020 • 9 minutes, 56 seconds

FT News Briefing - Winamp (1194)

Monday, January 13

Nissan executives have accelerated secret contingency planning for a potential split from Renault, the head of MI5 says he has “no reason to think” that the UK’s intelligence-sharing relationship with the US would be hit if Britain adopted Huawei technology in its 5G mobile phone network, and JAB Holdings-owned Panera Bread is set to reduce the proportion of meat-based items on its menu by a third. Plus, the crisis at Boeing has deepened after the release of damning internal messages. The FT’s Claire Bushey reports on what it means for the company as the new chief executive, David Calhoun, begins today.  Hosted on Acast. See acast.com/privacy for more information.

1/13/2020 • 8 minutes, 25 seconds

FT News Briefing - Winamp (1195)

Friday, January 10

The US House of Representatives votes in favour of limiting president Donald Trump’s military powers against Iran, Western intelligence officials believe a plane that crashed in Iran killing 176 people was mistakenly brought down by an Iranian missile, and Britain is preparing to activate a new post-Brexit sanctions regime. Plus, the FT’s Patrick McGee breaks down both the outlandish and realistic ideas that came out of this year’s Consumer Electronics Show in Las Vegas. Hosted on Acast. See acast.com/privacy for more information.

1/10/2020 • 9 minutes, 16 seconds

FT News Briefing - Winamp (1196)

Thursday, January 9

Donald Trump backs away from military action against Iran, European Commission president Ursula von der Leyen visits London in her first meeting with UK prime minister Boris Johnson, and Jeffrey Katzenberg and Meg Whitman promote their new mobile video start-up, Quibi. Plus, the FT’s Chloe Cornish reports on Carlos Ghosn’s first press conference since his escape from Japan.   Hosted on Acast. See acast.com/privacy for more information.

1/9/2020 • 10 minutes

FT News Briefing - Winamp (1197)

Wednesday, January 8

Iran fires more than a dozen missiles at bases in Iraq hosting American troops in retaliation for the US killing of Qassem Soleimani. Plus, Bank of England governor Mark Carney says central banks are running low on ammunition to fight a recession, Venezuelan opposition leader Juan Guaidó reclaims his post as the head of congress, Boeing recommends simulator training for 737 Max pilots, and US Senate majority leader Mitch McConnell says Republicans have the votes to move ahead with Donald Trump’s impeachment trial. Then, Josh Chaffin reports on the Green Beret ex-con who allegedly helped Carlos Ghosn escape Japan. Hosted on Acast. See acast.com/privacy for more information.

1/8/2020 • 9 minutes, 42 seconds

FT News Briefing - Winamp (1198)

Tuesday, January 7

The top US military official denied that America would be pulling troops out of Iraq, blaming a leaked “draft” letter indicating otherwise. Plus, Donald Trump’s former national security adviser, John Bolton, said he is willing to testify in the president’s Senate impeachment trial if subpoenaed, and disgraced movie mogul Harvey Weinstein faces new sexual assault charges in Los Angeles as he prepares for the start of a criminal trial in Manhattan.  Hosted on Acast. See acast.com/privacy for more information.

1/7/2020 • 7 minutes, 45 seconds

FT News Briefing - Winamp (1199)

Monday, January 6

France warns the US about the repercussions of imposing tariffs in response to the digital services tax on the likes of Google and Amazon, Boris Johnson is expected to pressure the European Commission to fast-track Brexit-related trade talks, and Spain is one step closer to its first coalition government in modern times after a parliamentary vote on Sunday. Plus, the FT’s Katrina Manson reports on the fallout from the US assassination of Qassem Soleimani. Hosted on Acast. See acast.com/privacy for more information.

1/6/2020 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1200)

Friday, January 3

US regulators unveil long-awaited restrictions on some flavoured e-cigarettes, Bernie Sanders notched up the biggest quarterly money haul so far of any Democratic US presidential candidate and Brussels is preparing a fresh push to create an EU-wide tax on plastic waste. Plus, the FT’s David Sheppard highlights what investors will be watching in the oil markets in 2020.  Hosted on Acast. See acast.com/privacy for more information.

1/3/2020 • 10 minutes, 2 seconds

FT News Briefing - Winamp (1201)

Thursday, January 2

Lebanon pressed for Carlos Ghosn’s return one week before the former Nissan chairman escaped from Tokyo and Google Health has created a system that can identify breast cancer more accurately than radiologists. Plus, the FT’s Robin Harding explains why employees are gaining more power in Japan’s changing labour market.   Hosted on Acast. See acast.com/privacy for more information.

1/2/2020 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1202)

Tuesday, December 31

Private equity groups spent more on deals this year than at any time since the financial crisis, investors gear up for the final day of share trading in 2019, and former Nissan chief Carlos Ghosn leaves Japan, where he was on house arrest, for Beirut. Plus, the FT’s companies editor, Tom Braithwaite, breaks down the year in IPOs. Hosted on Acast. See acast.com/privacy for more information.

12/31/2019 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1203)

Monday, December 30

Fraudsters are milking companies of tens of billions of dollars a year with fake responses to online ads, new documents reveal that WeWork will have to pay $17m for some executives’ golden parachutes, and the number of small businesses being created in France has surged this year. Plus, why Warren Buffett says companies cannot be moral arbiters. Hosted on Acast. See acast.com/privacy for more information.

12/30/2019 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1204)

Friday, December 20

Andrew Bailey has been selected as the new governor of the Bank of England, Democrats and Republicans trade barbs over tactics in the delay to President Trump’s Senate impeachment trial and Uber’s former chief executive, Travis Kalanick, has sold the majority of his stake in the company. Plus the FT’s US markets editor, Jennifer Ablan, explains why investors have piled into some of the riskiest US debt as the year draws to a close. Hosted on Acast. See acast.com/privacy for more information.

12/20/2019 • 6 minutes, 57 seconds

FT News Briefing - Winamp (1205)

Thursday, December 19

The Bank of England admits that high-speed traders have been able to listen in on market-sensitive press conferences, the man who came to be a symbol of corporate corruption is granted an early release from his 25-year sentence, and the challenge faced by European carmakers from electric vehicles sees Fiat Chrysler and PSA strike a deal to create the fourth-largest automaker in the world. Plus, the US House of Representatives voted to impeach president Donald Trump. The FT’s US managing editor, Peter Spiegel, explains what this means for the upcoming Senate trial.   Hosted on Acast. See acast.com/privacy for more information.

12/19/2019 • 9 minutes, 4 seconds

FT News Briefing - Winamp (1206)

Wednesday, December 18

FedEx cuts its annual earnings guidance for the second time in three months, a new report shows that Royal Dutch Shell paid no corporate income tax in the UK in 2018 and Sterling surrendered its post-election gains on Tuesday after Boris Johnson signalled he will try to push legislation that could cause a “cliff-edge” Brexit next year. Plus, like other countries in central Europe, Poland is facing a labour shortage. The FT’s James Shotter explains how some Polish manufacturers are replacing these workers.  Hosted on Acast. See acast.com/privacy for more information.

12/18/2019 • 8 minutes, 13 seconds

FT News Briefing - Winamp (1207)

Tuesday, December 17

Global stocks hit fresh record highs on Monday as the US and China hit pause on the long-running trade war, while Mexico and the US resolve a row over the enforcement of labour provisions in the USMCA trade pact, Netflix reveals how quickly it is growing outside of the US and Boeing plans to temporarily suspend production of the 737 Max in January. Plus, the FT’s Kiran Stacey explains why US technology companies are pushing back on a call from the Trump administration to cut Huawei out of their supply chains.  Hosted on Acast. See acast.com/privacy for more information.

12/17/2019 • 8 minutes, 19 seconds

FT News Briefing - Winamp (1208)

Monday, December 16

A deal to implement the new USMCA trade agreement was under threat after Mexico said it did not agree to certain provisions, Apple will face a shareholder vote next year calling for the iPhone maker to publicly commit to respecting freedom of expression as a human right and Boris Johnson plans to pour billions of pounds into the midlands and north of England after his election win. Plus, the FT’s Leslie Hook explains why UN climate delegates in Madrid could not reach a deal on the last article of the Paris climate accord. Hosted on Acast. See acast.com/privacy for more information.

12/16/2019 • 9 minutes, 50 seconds

FT News Briefing - Winamp (1209)

Friday, December 13

Boris Johnson declared a powerful mandate for Brexit after a crushing UK election victory. The FT’s Sebastian Payne breaks down the results. Plus, the US House of Representatives judiciary committee pushes a critical vote on the impeachment process into Friday, and the US and China were closing in on a limited trade deal on Thursday night.Follow live updates on the UK election at FT.com/ukelection. Hosted on Acast. See acast.com/privacy for more information.

12/13/2019 • 9 minutes, 48 seconds

FT News Briefing - Winamp (1210)

Thursday, December 12

The Federal Reserve leaves its policy rate unchanged and indicates that it has no plans to make changes through 2020, and the climate summit in Madrid could stall over the question of how to create a global carbon trading market. Plus, new findings show the US Federal Aviation Administration failed to ground Boeing’s fleet of 737 Max aircraft even after its analysis showed the plane was more accident-prone than most aircraft, Israel faces its third election in a year, and Harvey Weinstein reaches a tentative $45m settlement with a group of women who accused him of sexual assault. Then, the FT’s Michael Peel explains how Myanmar’s Aung San Suu Kyi went from human rights icon to a leader defending allegations of genocide.  Hosted on Acast. See acast.com/privacy for more information.

12/12/2019 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1211)

Wednesday, December 11

UK prime minister Boris Johnson makes a final plea to voters in the “most important election in a lifetime”, Saudi Arabia renews its push for a $2tn valuation for Saudi Aramco, Democrats in the US House of Representatives unveil two articles of impeachment against president Donald Trump and trade negotiators from the US, Canada and Mexico sign changes to the USMCA trade pact. Plus, the FT’s Alan Beattie explains why European countries are turning to green trade policy and why some critics say it has more to do with protectionism than the planet. Hosted on Acast. See acast.com/privacy for more information.

12/11/2019 • 8 minutes, 59 seconds

FT News Briefing - Winamp (1212)

Tuesday, December 10

Donald Trump says “a lot of strides” have been made on the USMCA trade deal, Morgan Stanley is cutting around 1,500 jobs worldwide, Amazon claims it was denied a $10bn US defence contract because of pressure from the president and SoftBank has agreed to sell its nearly 50 per cent stake in Wag back to the dog walking company. Plus, Paul Volcker has died at the age of 92. The FT’s Gillian Tett looks back on the life and legacy of the former Federal Reserve board chairman.    Hosted on Acast. See acast.com/privacy for more information.

12/10/2019 • 9 minutes, 57 seconds

FT News Briefing - Winamp (1213)

Monday, December 9

Beijing orders all government offices and public institutions to remove foreign computer equipment and software within three years, the FBI is treating a US naval base shooting as an apparent terrorist attack, even though the White House is not and UK officials are questioning Boris Johnson’s claims that Britain will make a clean break with the EU in December in 2020. Plus, the FT’s Laura Hughes lays out Northern Ireland’s role in the UK general election in the days leading up to the vote.  Hosted on Acast. See acast.com/privacy for more information.

12/9/2019 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1214)

Friday, December 6

Dark money has made it way into political advertising in the UK general election, buyout group CVC Capital Partners holds talks with Fifa and Real Madrid about creating new global football tournaments and Speaker of the US House of Representatives, Uber releases its first-ever safety report and Nancy Pelosi, instructs fellow Democrats to draw up articles of impeachment against Donald Trump. Plus, the FT’s Anjli Raval breaks down Saudi Aramco’s $25.6bn IPO as Opec leaders meet in Vienna.  Hosted on Acast. See acast.com/privacy for more information.

12/6/2019 • 9 minutes, 50 seconds

FT News Briefing - Winamp (1215)

Thursday, December 5

Former World Bank president Robert Zoellick delivers a public rebuke of Donald Trump’s China policy, Boris Johnson vows not to involve Huawei in Britain’s 5G telecommunications networks if it compromises the country’s ability to work with security allies and the owners of the New York Mets are in talks to sell up to 80 per cent of the baseball club to hedge fund manager Steven Cohen. Plus, Saudi Arabia is pushing Opec to announce a deeper oil production cut. Hosted on Acast. See acast.com/privacy for more information.

12/5/2019 • 7 minutes, 2 seconds

FT News Briefing - Winamp (1216)

Wednesday, December 4

Google co-founders Larry Page and Sergey Brin step back from their day-to-day roles at Alphabet, US senator Kamala Harris drops out of the 2020 presidential race and the 70th-anniversary summit of Nato begins on a fractious note.  Plus, US House Democrats have accused Donald Trump of abusing his office for political gain. The FT’s Peter Spiegel unpacks the report that will pave the way for articles of impeachment and a trial in the Senate.  Hosted on Acast. See acast.com/privacy for more information.

12/4/2019 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1217)

Tuesday, December 3

The Trump administration is on a tariff blitz, proposing levies on goods from France, the EU, Brazil and Argentina. In the UK, the Conservative party braces for what could be the most perilous week of the election campaign, and Sweden backs away from negative rates despite a weakening economy. Hosted on Acast. See acast.com/privacy for more information.

12/3/2019 • 8 minutes, 42 seconds

FT News Briefing - Winamp (1218)

Monday, December 2

The Federal Reserve is considering letting inflation run above its 2 per cent target, UK politicians play a blame game after Friday’s tragedy at London Bridge and the EU’s ambitious new commission is likely to be overshadowed by a festering row over the budget. Plus, we will look at what Brussels is doing to retool industrial policy.  Hosted on Acast. See acast.com/privacy for more information.

12/2/2019 • 8 minutes, 57 seconds

FT News Briefing - Winamp (1219)

Friday, November 29

US political parties develop new technology that will access voters through the phone contacts of their supporters, OECD data shows the European Union is hit hard by the global trade slowdown and premium economy class overtakes business on several airline carriers as the most profitable seats. Plus, the latest on Japan South Korea tensions. The FT’s Edward White explains why South Korean forced labour victims are being lobbied to drop their claims for reparations. Hosted on Acast. See acast.com/privacy for more information.

11/29/2019 • 9 minutes, 1 second

FT News Briefing - Winamp (1220)

Thursday, November 28

US President Donald Trump signs two bills supporting Hong Kong’s pro-democracy protesters, Christine Lagarde pushes for climate change to be part of a strategic review of the European Central Bank’s purpose and assets under management at Fisher Investments hit a record high of $115bn at the end of October despite lewd remarks by its founder, Ken Fisher. Plus, India’s growth numbers are due out Friday. The FT’s Benjamin Parkin explains what is behind the country’s deepening economic slowdown. Hosted on Acast. See acast.com/privacy for more information.

11/28/2019 • 9 minutes, 32 seconds

FT News Briefing - Winamp (1221)

Wednesday, November 27

Xerox said it would take its proposal for a $33bn takeover of HP directly to the personal computer maker’s shareholders, Nasdaq’s listings business is on course to eclipse that of bitter rival the New York Stock Exchange this year and Manchester City’s owner has agreed to sell a $500m stake to private equity firm Silver Lake in a deal that breaks a record in sports valuations. Plus, the FT’s Leslie Hook explains why China’s commitment to renewable energy has lagged in recent years, and why it’s causing alarm ahead of the annual UN climate talks. Hosted on Acast. See acast.com/privacy for more information.

11/27/2019 • 9 minutes, 47 seconds

FT News Briefing - Winamp (1222)

Tuesday, November 26

Companies unleash a wave of global takeovers, agreeing to more than $70bn in deals, famed investor Bill Gross warns that US stock and bond markets are set for a tougher time in 2020, a judge rules that Donald Trump cannot stop his most senior advisers testifying to Congress and revised official data show that Mexico’s economy has entered a technical recession. Plus, Uber has been stripped of its London licence. The FT’s Tim Bradshaw explains what it means for the ride-sharing company.  Hosted on Acast. See acast.com/privacy for more information.

11/26/2019 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1223)

Monday, November 25

Pro-democracy candidates take more than half of seats in Hong Kong’s local council elections amid record voter turnout, UK prime minister Boris Johnson launches a low-risk Conservative manifesto and Michael Bloomberg officially announces he is running for US president. Plus, LVMH is set to buy Tiffany & Co for $16.7bn. The FT’s Eric Platt breaks down the latest offer. Hosted on Acast. See acast.com/privacy for more information.

11/25/2019 • 8 minutes, 27 seconds

FT News Briefing - Winamp (1224)

Friday, November 22

Politicians and privacy campaigners call for Google’s $2.1bn deal for Fitbit to be blocked, Israeli prime minister Benjamin Netanyahu will be hit by prosecutors on bribery, fraud and breach of trust charges, and a subsidiary of China’s largest construction group has suspended work on one of the nation’s tallest skyscrapers. Plus, the FT’s Eric Platt explains why Charles Schwab is ready to put down $25bn to acquire TD Ameritrade.  Hosted on Acast. See acast.com/privacy for more information.

11/22/2019 • 8 minutes, 47 seconds

FT News Briefing - Winamp (1225)

Thursday, November 21

The US ambassador to the EU, Gordon Sondland, turns against Donald Trump in an explosive impeachment testimony, Saudi Arabia marginalises global banks in the final stage of Saudi Aramco’s flotation process and GM sues rival Fiat Chrysler, claiming FCA bribed officials of the UAW union during bargaining talks with GM. Plus, the FT’s Alistair Gray explains why Walmart is thriving once again.  Hosted on Acast. See acast.com/privacy for more information.

11/21/2019 • 10 minutes, 10 seconds

FT News Briefing - Winamp (1226)

Wednesday, November 20

Boris Johnson narrowly beats rival Jeremy Corbyn in a high-stakes televised duel, Lieutenant Colonel Alexander Vindman, a current White House official, testifies that Donald Trump made an ‘improper” demand in a July 25 phone call with the Ukrainian president, and the US National Transportation Safety Board says the main cause of a fatal accident involving a self-driving Uber was the back-up driver’s “failure” to monitor the road. Plus, the FT’s Anna Gross breaks down why the Brazilian president’s decision to allow sugarcane cultivation has become another roadblock in the way for a landmark trade deal between the EU and South America. Hosted on Acast. See acast.com/privacy for more information.

11/20/2019 • 10 minutes, 1 second

FT News Briefing - Winamp (1227)

Tuesday, November 19

Alibaba is set to raise up to $13.4bn in a secondary listing in Hong Kong even as violence in the financial centre intensifies. Many see the IPO as a critical test of confidence in both Hong Kong and Beijing. Next, Coty buys a controlling stake in Kylie Jenner’s cosmetics company and UK prime minister Boris Johnson shelves a proposed cut to corporation tax at the CBI’s annual conference on Monday.  Plus, Facebook declared that it had shut down 5.4bn fake accounts in the first nine months of this year. The FT’s Lex deputy editor, Elaine Moore, dives into the social network’s fake accounts problem.  Hosted on Acast. See acast.com/privacy for more information.

11/19/2019 • 9 minutes, 41 seconds

FT News Briefing - Winamp (1228)

Monday, November 18

Saudi Aramco scales back the initial public offering of its state oil giant, Nancy Pelosi, the Speaker of the US House of Representatives, says she will “make sure” President Donald Trump does not “intimidate” the whistleblower who sparked the impeachment inquiry, UK prime minister Boris Johnson is expected to pledge to reduce business rates and provide a series of tax breaks worth about £1bn a year and HP’s board of directors unanimously rejects a $22-a-share bid from rival Xerox. Plus, the FT’s Archie Hall explains why some yield-starved investors are piling into income share agreements with students looking to finance higher education.   Hosted on Acast. See acast.com/privacy for more information.

11/18/2019 • 9 minutes, 29 seconds

FT News Briefing - Winamp (1229)

Friday, November 15

The US and China are struggling to complete a ‘phase one’ deal to halt their trade war, former Goldman Sachs chief executive Lloyd Blankfein takes aim at US Democratic presidential candidate Elizabeth Warren, saying that “maybe tribalism is just in her DNA” and Amazon’s Jeff Bezos is fighting back against the Trump administration award of the $10bn Jedi military contract to Microsoft. Plus, the FT’s Madhumita Murgia reports on Google’s plan to lock down advertisers’ access to personal user data. Hosted on Acast. See acast.com/privacy for more information.

11/15/2019 • 9 minutes, 52 seconds

FT News Briefing - Winamp (1230)

Thursday, November 14

WeWork said its losses more than doubled to $1.3bn in the third quarter of 2019, researchers say a smartphone app developed by the Home Office for EU citizens has serious vulnerabilities, Google is talking to US banks about offering checking accounts to its customers and outgoing European Council president Donald Tusk takes aim at Brexiters “longing for the Empire”. Plus, the FT’s Peter Spiegel analyses the first day of public impeachment hearings on the Trump administration’s dealings with Ukraine. Hosted on Acast. See acast.com/privacy for more information.

11/14/2019 • 9 minutes, 45 seconds

FT News Briefing - Winamp (1231)

Wednesday, November 13

Some popular UK health websites are sharing people’s sensitive data to ad-targeting giants such as Google, Amazon and Facebook, and US president Donald Trump threatens to escalate the trade war with China if no truce is reached. Plus,Tesla has plans to bring its first European production site to Berlin and Spain’s Socialist party strikes a deal with the radical leftwing Podemos party in what could be the country’s first modern coalition government. Plus, Germany is on the brink of a recession, but the country’s services business and consumer spending are thriving. The FT’s Martin Arnold explains. Hosted on Acast. See acast.com/privacy for more information.

11/13/2019 • 8 minutes, 28 seconds

FT News Briefing - Winamp (1232)

Tuesday, November 12

Sources tell the FT that US private equity firm Cerberus has lost faith in Deutsche Bank’s chairman Paul Achleitner and is pushing for him to be replaced, WeWork has held talks with T-Mobile US boss John Legere to become its new chief executive and KKR woos Walgreens with a $70bn buyout proposal. Plus, the FT’s political editor George Parker unpacks how the UK elections have unravelled and what to expect next.  Hosted on Acast. See acast.com/privacy for more information.

11/12/2019 • 8 minutes, 13 seconds

FT News Briefing - Winamp (1233)

Monday, November 11

Christine Lagarde is expected to face calls for an overhaul of how the European Central Bank decides monetary policy, Apple has piled on more than $400bn of market capitalisation so far this year, Bolivia’s socialist President Evo Morales has stepped down after almost 14 years in power and elections in Spain failed to break the country’s political impasse. Plus, the FT’s Anna Nicolaou explains why teens and media executives, alike, are taking note of TikTok.  Hosted on Acast. See acast.com/privacy for more information.

11/11/2019 • 9 minutes, 6 seconds

FT News Briefing - Winamp (1234)

Introducing FT Politics: UK Election Countdown

We have another FT podcast to share. With FT Politics: UK Election Countdown, you can keep up with the twists and turns of the December 12 poll.The first week of the election did not go to plan for the Conservatives, as their campaign was beset by gaffes and mistakes. Can Boris Johnson get back on track? Is Labour pleased with how its campaign is going? Plus, the politics team delves into the new fiscal rules pledged by both parties and what the spending splurge means.You can find FT Politics: UK Election Countdown wherever you listen to podcasts. Hosted on Acast. See acast.com/privacy for more information.

11/9/2019 • 31 minutes, 42 seconds

FT News Briefing - Winamp (1235)

Friday, November 8

Bankers for Saudi Aramco’s initial public offering have dangled the possibility of bonus payouts that could take the company’s annual dividend past $100bn and Disney’s costs climb as it gets ready to debut its new streaming service. Meanwhile, billionaire and former mayor of New York City Michael Bloomberg has taken his first official steps to run for the Democratic presidential nomination in 2020, US stocks closed at record highs on Thursday following reports that Washington and Beijing agreed to remove some trade tariffs in phases and the Bank of England has given its clearest signal yet that it will be prepared to cut interest rates if the UK economy slows further. Plus, Spain will head to the polls on Sunday for the fourth time in as many years. The FT’s Daniel Dombey explains the political deadlock, and what to expect from the upcoming election.  Hosted on Acast. See acast.com/privacy for more information.

11/8/2019 • 8 minutes, 39 seconds

FT News Briefing - Winamp (1236)

Thursday, November 7

Airbnb is being valued at up to $42bn by investors buying indirect stakes ahead of an IPO next year and the US Department of Justice has charged two former Twitter employees with using the platform to spy for the Saudi government. Meanwhile, SoftBank founder Masayoshi Son admits turning a “blind eye” to governance lapses at WeWork, Uber shares hit a new low on Wednesday following the end of the early investors’ lock-up period and Xerox launches a bid to acquire its much larger rival HP for more than $30bn, including debt. Plus, the French government has pledged to “take back control” of its immigration policy. The FT’s Victor Mallet explains why the crackdown is coming now. Hosted on Acast. See acast.com/privacy for more information.

11/7/2019 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1237)

Wednesday, November 6

Donald Trump’s envoy to the EU acknowledges Ukraine aid was linked to a probe into Joe Biden, Ikea and H&M resist retail disruption by investing hundreds of millions of euros into venture capital investments and Germany’s finance minister, Olaf Scholz, offers hope of a breakthrough in plans to create a full eurozone banking union. Plus, an FT investigation shows that air pollution on the London Underground is as much as 10 times above health guidelines. Hosted on Acast. See acast.com/privacy for more information.

11/6/2019 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1238)

Tuesday, November 5

Uber’s rising revenue fails to stem a large loss in the third quarter and SoftBank tightens governance at companies it backs following the near collapse of WeWork. Meanwhile, Trump administration officials debate whether to remove some existing tariffs on Chinese goods to seal a partial deal, UK MPs vote in favor of Lindsay Hoyle as the next Speaker of the House of Commons, and a second senior executive leaves McDonald’s after the chief executive was fired over a relationship with an employee. Plus, are Americans better off financially than they were four years ago? A new FT-Peterson poll has some interesting answers. Hosted on Acast. See acast.com/privacy for more information.

11/5/2019 • 8 minutes, 48 seconds

FT News Briefing - Winamp (1239)

Monday, November 4

The whistleblower who sparked the impeachment inquiry into Donald Trump agrees to answer questions by House Republicans, Saudi Aramco launches its long-awaited IPO, regulators call on Deutsche Bank’s Christian Sewing to give up his dual role as chief executive and investment bank head, and McDonald’s sacks its chief executive over a relationship the fast-food giant said is a violation of company policy. Plus, Facebook, Google and other big technology companies are facing several US investigations into their corporate power. The FT’s Kiran Stacey looks at which investigations the industry should worry about. Hosted on Acast. See acast.com/privacy for more information.

11/4/2019 • 9 minutes, 18 seconds

FT News Briefing - Winamp (1240)

Friday, November 1

The US House of Representatives votes to begin a new public phase in the impeachment inquiry into Donald Trump, Adam Neumann’s former chief of staff accuses WeWork and its co-founder of discriminating against women, Shares in Pinterest fall after the company reported third-quarter revenues below expectations and Altria writes down the value of its investment in Juul by $4.5bn. Plus, the FT’s David Crow explains why European banks have run out of options to protect profits.   Hosted on Acast. See acast.com/privacy for more information.

11/1/2019 • 9 minutes, 14 seconds

FT News Briefing - Winamp (1241)

Thursday, October 31

The US Department of Justice strikes a deal with the Malaysian financier at the centre of the 1MDB scandal, Apple posts quarterly earnings showing strong accessory sales even as smartphone and Mac sales declined, and new documents reveal that Boeing pushed to limit expensive pilot training for its 737 Max jet. Plus, the Federal Reserve cut interest rates for the third time this year. The FT’s Jennifer Ablan explains what this signals about the central bank’s outlook for the US economy. Hosted on Acast. See acast.com/privacy for more information.

10/31/2019 • 7 minutes, 48 seconds

FT News Briefing - Winamp (1242)

Wednesday, October 30

British MPs set a general election for December 12, the owner of French carmaker Peugeot is in merger talks with rival Fiat Chrysler Automobiles to create a company worth more than $47bn, and US senators lash out at Boeing chief executive Dennis Muilenburg in his first appearance before Congress since the two fatal crashes of its 737 max jet. Plus, the FT’s Mehul Srivastava reports on a WhatsApp hack that led to the targeting of 100 journalists and dissidents. Hosted on Acast. See acast.com/privacy for more information.

10/30/2019 • 10 minutes, 30 seconds

FT News Briefing - Winamp (1243)

Tuesday, October 29

Alphabet revenues were hit by rising costs in the third quarter despite a strong performance by Google’s ad business, and UK prime minister Boris Johnson will push ahead with another attempt to set a December general election. Plus, the FT reports that TikTok parent company ByteDance is planning to go public in Hong Kong next year, Beyond Meat posts its first quarterly profit since going public and the US House of Representatives will vote to formalise its impeachment inquiry. Then, Sir Richard Branson’s Virgin Galactic made its trading debut on Monday, becoming the first space tourism company to launch on to public markets.  Hosted on Acast. See acast.com/privacy for more information.

10/29/2019 • 9 minutes, 7 seconds

FT News Briefing - Winamp (1244)

Monday, October 28

Alberto Fernández defeats Mauricio Macri to become the next president of Argentina, Lloyds Banking Group failed to pass on the wills of thousands of deceased customers to their families and President Donald Trump announces that Isis Leader, Abu Bakr al-Baghdadi, was killed by US special forces. Plus, the FT’s San Francisco correspondent Patrick McGee explains how Uber is trying to become the west’s first super-app. Hosted on Acast. See acast.com/privacy for more information.

10/28/2019 • 8 minutes, 9 seconds

FT News Briefing - Winamp (1245)

Friday, October 25

Amazon shares dropped as much as 9 per cent in after-hours trading on Thursday after the company reported lower profits than a year ago, Boris Johnson makes a fresh push for a UK general election, the European Central Bank keeps rates on hold at president Mario Draghi’s last policy meeting and Paris overtakes Berlin in tech start-up activity. Plus, leftwing populists are poised to retake power in Argentine elections on Sunday. The FT’s Colby Smith explains what this could mean for the country’s debtholders. Hosted on Acast. See acast.com/privacy for more information.

10/25/2019 • 8 minutes, 50 seconds

FT News Briefing - Winamp (1246)

Thursday, October 24

Tesla shares soar 20 per cent in after-hours trade after posting a net profit in the third quarter, and Donald Trump says he will remove sanctions imposed on Turkey a day ahead of a Nato defence ministers meeting. Plus, WeWork plans to axe 4,000 jobs, European Council president Donald Tusk is trying to persuade leaders to back a Brexit delay and Boris Johnson’s government and party are split on whether to push for a general election. Then, the FT’s Washington correspondent, Kiran Stacey, unpacks Mark Zuckerberg’s defence of the Libra digital currency project. Hosted on Acast. See acast.com/privacy for more information.

10/24/2019 • 9 minutes, 33 seconds

FT News Briefing - Winamp (1247)

Wednesday, October 23

British MPs back Boris Johnson’s Brexit deal in principle, but derail his attempt to take the UK out of the EU by October 31, and US commerce secretary Wilbur Ross floats new talks with the EU as an alternative to imposing car tariffs next month. Plus, the top US diplomat in Kiev says Donald Trump withheld Ukraine aid over a request to investigate political rivals, Turkey and Russia agree to the removal of Kurdish fighters from a buffer zone in north-east Syria, the Chinese government is drawing up a plan to replace Hong Kong leader Carrie Lam, and Snapchat’s parent company says it expects to hit its target of turning a profit by the end of the year. Then, FT industry editor Peggy Hollinger tells us what Boeing has to do to regain trust as it tries to get its 737 Max plane back in the air.  Hosted on Acast. See acast.com/privacy for more information.

10/23/2019 • 9 minutes, 11 seconds

FT News Briefing - Winamp (1248)

Tuesday, October 22

Justin Trudeau’s Liberal party was set for a minority government win in Canada’s general election, SoftBank floats a $9.5bn proposal to take control of WeWork, Israeli prime minister Benjamin Netanyahu abandons attempts to build a governing coalition, researchers at IBM claim that Google is wrong to say it is the first to achieve “quantum supremacy” and three drug distributors, as well as two pharmaceutical companies, sketch out a $48bn proposal to settle lawsuits related to the US opioid epidemic.    Hosted on Acast. See acast.com/privacy for more information.

10/22/2019 • 7 minutes, 43 seconds

FT News Briefing - Winamp (1249)

Monday, October 21

Boris Johnson makes a new attempt to win parliament’s backing for his Brexit deal on Monday, UK officials say a Russian cyberattack unit “masqueraded” as Iranian hackers to lead attacks against 35 countries and Standard Chartered chief executive Bill Winters is planning to accept a voluntary pay cut in response to a dispute over his pension allowance. Plus, Canadians will go to the polls in a general election today. FT contributor Jason Kirby reports on what is at stake for prime minister Justin Trudeau.  Hosted on Acast. See acast.com/privacy for more information.

10/21/2019 • 9 minutes, 2 seconds

FT News Briefing - Winamp (1250)

Friday, October 18

Boris Johnson attempts to secure parliamentary support for his Brexit deal, Saudi Aramco postpones the launch of its long-awaited initial public offering and Facebook reveals a project to prevent minors from being exploited on its platforms. Plus, Turkey agrees to pause its military incursion in Syria as the US pledges to ease sanctions, and Mick Mulvaney, acting White House chief of staff, makes an admission regarding Donald Trump’s July phone call to Ukraine. With Lauren Fedor, FT Washington correspondent.  Hosted on Acast. See acast.com/privacy for more information.

10/18/2019 • 9 minutes, 27 seconds

FT News Briefing - Winamp (1251)

Thursday, October 17

Brexit negotiators wrangle over the terms of a deal ahead of the start of Thursday’s EU summit, Netflix missed its forecast for new subscribers for the second straight quarter, thousands of Hong Kong’s wealthy residents are opening bank accounts in Singapore and other financial centres as they try to protect themselves against the territory’s unrest, IBM came up short of Wall Street’s revenue expectations in the latest quarter, the US House of Representatives voted to condemn president Donald Trump over his move to withdraw troops from Syria and American shoppers curbed their spending last month according to weak Commerce Department data. Hosted on Acast. See acast.com/privacy for more information.

10/17/2019 • 7 minutes, 5 seconds

FT News Briefing - Winamp (1252)

Wednesday, October 16

The US House of Representatives passed an act voicing strong support for Hong Kong pro-democracy protesters, and Boris Johnson was on Tuesday night locked in a race against time to secure a Brexit deal. Plus, the IMF slashes global growth forecasts, Rudy Giuliani refuses to comply with a congressional subpoena that is part of the impeachment inquiry investigating Donald Trump, and the price of WeWork’s bonds dropped to new lows on Tuesday. Then, the FT’s Laura Noonan tells us why some bankers are still optimistic about the IPO market, even after WeWork’s failed attempt to go public. Hosted on Acast. See acast.com/privacy for more information.

10/16/2019 • 9 minutes, 1 second

FT News Briefing - Winamp (1253)

Tuesday, October 15

Donald Trump imposes sanctions against Turkish officials, hopes fade for a Brexit deal at a European summit this week, Facebook admits doubts about its digital currency, Libra, as regulatory hurdles loom and African swine fever drives up European pork prices. Plus, the FT’s James Politi explains why the US-China trade truce reached last week is still fragile. Hosted on Acast. See acast.com/privacy for more information.

10/15/2019 • 8 minutes, 5 seconds

FT News Briefing - Winamp (1254)

Monday, October 14

UK prime minister Boris Johnson gears up for what could be a historic week for Brexit ahead of the EU leaders’ summit, US banks enter the earnings season with the Federal Reserve in rate-cutting mode and the FT’s Andrew Edgecliffe-Johnson explains how in Levi Strauss’s rebirth as a public company, it still manages to meet its ‘profits through principles’ mission. Hosted on Acast. See acast.com/privacy for more information.

10/14/2019 • 9 minutes, 51 seconds

FT News Briefing - Winamp (1255)

Friday, October 11

Sterling had its biggest day since March on Thursday amid hopes for a Brexit deal, James Murdoch’s new holding company has agreed to buy a minority stake in Vice Media and the US and China are aiming to reach a trade war truce as early as this week. Plus, the FT’s Frankfurt bureau chief Martin Arnold explains how the European Central Bank’s divide over quantitative easing is affecting the global economy.  Hosted on Acast. See acast.com/privacy for more information.

10/11/2019 • 9 minutes, 47 seconds

FT News Briefing - Winamp (1256)

Thursday, October 10

US senators will propose sanctions on Turkey after President Recep Tayyip Erdogan launched an offensive in north-east Syria, EU leaders issue an ultimatum to UK prime minister Boris Johnson ahead of crucial Brexit talks with his Irish counterpart Leo Varadkar and leaked documents show the European Central Bank decided to restart its bond-buying programme last month over the objections of its own officials. Plus, the FT’s Kadhim Shubber explains what options are still on the table for US Congressional Democrats after the White House said it would not cooperate in an impeachment inquiry. Hosted on Acast. See acast.com/privacy for more information.

10/10/2019 • 9 minutes, 24 seconds

FT News Briefing - Winamp (1257)

Wednesday, October 9

US stocks staged a late-session sell-off on Tuesday after the Trump administration ratcheted up pressure on China ahead of trade talks after it imposed visa restrictions on individuals, at least 50 conservative UK MPs threaten to revolt against a general election manifesto that pledges to pursue a no-deal Brexit, and the White House has declared that it will not co-operate with the inquiry into an impeachment of Donald Trump. Plus, the FT’s Kiran Stacey explains how the US standoff with China now sees it encouraging investment in Huawei rivals in Europe. Hosted on Acast. See acast.com/privacy for more information.

10/9/2019 • 10 minutes, 10 seconds

FT News Briefing - Winamp (1258)

Tuesday, October 8

Hong Kong Exchanges and Clearing says it will not proceed with its £32bn offer for the London Stock Exchange Group, the president of the World Bank warns that global growth could fall short of the 2.6 per cent rate it predicted in June and fallout from the protracted strike by General Motors workers has seen the total number of temporary suspensions mount to almost 60,000. Plus, Donald Trump clears Turkey to launch an operation against US-backed Kurds in Syria. The FT’s Laura Pitel explains what this means for the region. Hosted on Acast. See acast.com/privacy for more information.

10/8/2019 • 8 minutes, 58 seconds

FT News Briefing - Winamp (1259)

Monday, October 7

HSBC embarks on a cost-cutting drive that threatens up to 10,000 jobs, 2020 presidential hopeful Joe Biden accuses US president Donald Trump of spreading “flat-out lies”, and a post-Brexit trade deal with the US could “severely limit” Britain’s ability to negotiate an equivalent agreement with the EU, according to a leaked government paper. Plus, the FT’s Sarah Neville explains how Novo Nordisk tries to balance rising prices when it comes to insulin products with giving back to the diabetic community.  Hosted on Acast. See acast.com/privacy for more information.

10/7/2019 • 9 minutes, 23 seconds

FT News Briefing - Winamp (1260)

Friday, October 4

Donald Trump urges China to investigate former US vice president Joe Biden and the FT’s Washington bureau chief Demetri Sevastopulo explains how Mr Biden is handling the Ukrainegate fallout. Plus, the UK and the US agree to a deal where police and intelligence agencies are to be given expedited access to the electronic communications of terror and crime suspects, and PayPal is on the verge of quitting Facebook’s Libra cryptocurrency project. Hosted on Acast. See acast.com/privacy for more information.

10/4/2019 • 8 minutes, 45 seconds

FT News Briefing - Winamp (1261)

Thursday, October 3

Global stocks fell heavily on Wednesday, with the UK market having its worst day in more than three years, while the Trump administration will move to impose tariffs on a wide range of imports from the EU later this month after prevailing in a WTO case over illegal aircraft subsidies, and Donald Trump says he will co-operate with congressional subpoenas related to the impeachment inquiry engulfing his presidency. Plus, the FT’s Sebastian Payne dissects Boris Johnson’s UK Conservative party conference speech and the prime minister’s new Brexit plan. Hosted on Acast. See acast.com/privacy for more information.

10/3/2019 • 9 minutes, 5 seconds

FT News Briefing - Winamp (1262)

Wednesday, October 2

The US manufacturing sector contracted for the second consecutive month in September, falling to its lowest level since the recession, Charles Schwab escalates a war among stock-trading platforms by scrapping its fees, and a US appeals court rules that states can set their own standards over so-called “net neutrality”. Plus, the FT’s Sam Jones explains the deepening Credit Suisse spy scandal. Hosted on Acast. See acast.com/privacy for more information.

10/2/2019 • 9 minutes, 23 seconds

FT News Briefing - Winamp (1263)

Tuesday, October 1

US Republican Senate majority leader Mitch McConnell said he would hold a trial in the Senate if the House of Representatives voted to impeach President Donald Trump, European central bankers put pressure on politicians to put limits on the mortgage market as house prices heat up, and WeWork has formally withdrawn its plan for an initial public offering. Plus, the FT’s Anjli Raval explains how oil companies such as Royal Dutch Shell are facing a dilemma as they try to move toward clean energy. Hosted on Acast. See acast.com/privacy for more information.

10/1/2019 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1264)

Monday, September 30

Global dealmaking eases to the slowest pace in more than two years and more than 400,000 German car owners sign up to a landmark collective lawsuit against Volkswagen over emissions test cheating. Plus, the FT’s George Parker reports from the UK Conservative party conference in Manchester and we hear from a protester in Hong Kong, five years after the territory’s last major pro-democracy campaign. Hosted on Acast. See acast.com/privacy for more information.

9/30/2019 • 8 minutes, 35 seconds

FT News Briefing - Winamp (1265)

Friday, September 27

The White House faced accusations of a cover-up on Thursday after the publication of a whistleblower complaint, Peloton traded below the company’s float price after the fitness equipment company went public on Thursday and Hollywood talent agency owner Endeavor shelved its plans to list. Plus, the FT’s Mehreen Khan explains what a decision by Europe’s highest court means for search engines and the “right to be forgotten” online. Hosted on Acast. See acast.com/privacy for more information.

9/27/2019 • 9 minutes, 53 seconds

FT News Briefing - Winamp (1266)

Thursday, September 26

A memo from the White House reveals that US president Donald Trump asked Ukraine president Volodymyr Zelensky to investigate former vice-president Joe Biden and his son and UK prime minister Boris Johnson paves the way for an acrimonious “people versus parliament” general election. Plus, fitness equipment start-up Peloton will seek an $8.2bn valuation when its shares begin trading on Thursday and Germany’s representative on the European Central Bank’s executive board quits over loose monetary policy. Hosted on Acast. See acast.com/privacy for more information.

9/26/2019 • 8 minutes, 27 seconds

FT News Briefing - Winamp (1267)

Wednesday, September 25

House Democrats have launched impeachment proceedings against US president Donald Trump and Adam Neumann has been pushed out as chief executive of WeWork following the dramatic collapse of its initial public offering. Plus, the FT’s chief foreign affairs commentator, Gideon Rachman, sets out what is next for Boris Johnson and British politics following the Supreme Court’s rebuke of the prime minister’s suspension of parliament.  Hosted on Acast. See acast.com/privacy for more information.

9/25/2019 • 9 minutes, 53 seconds

FT News Briefing - Winamp (1268)

Tuesday, September 24

UK prime minister Boris Johnson calls for a new deal with Iran, Netflix sees its shares erase all gains for 2019 while Barclays analysts question if its valuation was too high, and Thomas Cook’s management faces a UK government-backed inquiry after the collapse of the travel group. Plus, the FT’s car industry correspondent Peter Campbell explains what a recent settlement with the Securities and Exchange Commission means for Carlos Ghosn and Nissan. Hosted on Acast. See acast.com/privacy for more information.

9/24/2019 • 9 minutes, 5 seconds

FT News Briefing - Winamp (1269)

Monday, September 23

SoftBank moves to oust Adam Neumann as the chief executive of WeWork, US president Donald Trump and Indian prime minister Narendra Modi perform a double act at a rally of nearly 50,000 Indian-Americans in Texas and Jeremy Corbyn calls rumours he could soon step down as Labour leader “wishful thinking” during the party’s annual conference. Plus, world leaders will gather in New York City this week for the UN General Assembly and the UN climate summit. The FT’s Gillian Tett tells us what to expect.Sign up for the FT's Moral Money email newsletter at ft.com/moralmoney. Hosted on Acast. See acast.com/privacy for more information.

9/23/2019 • 8 minutes, 11 seconds

FT News Briefing - Winamp (1270)

Friday, September 20

Saudi Arabia is pressuring wealthy families to buy in to the initial public offering of state oil giant Saudi Aramco, the Federal Reserve intervened in the US money markets for the third day in a row on Thursday and promised it would so again today, Sterling climbed back over the $1.25 mark on Thursday after European Commission president Jean-Claude Juncker said a Brexit deal was possible, and companies are racing to burnish their green credentials ahead of today’s global climate protest. Plus, the FT’s Anna Nicolaou tells us why Netflix is starting to look vulnerable. Hosted on Acast. See acast.com/privacy for more information.

9/20/2019 • 9 minutes, 45 seconds

FT News Briefing - Winamp (1271)

Thursday, September 19

Canadian prime minister Justin Trudeau apologises for wearing brownface makeup at a private school party after Time magazine published a yearbook photo from 2001, Cisco chief executive Chuck Robbins dismisses fears of a breakdown in global supply chains, saying he expects Washington and Beijing to reach a deal ending their trade war, KPMG UK plans to cut hundreds of staff in a wave of cost-cutting, and shares in FedEx tumbled on Wednesday, a day after the company reported its weakest sales growth in a decade. Plus, the Federal Reserve cut US interest rates by a quarter point on Wednesday. Our US economics editor, Brendan Greeley, unpacks the move. Hosted on Acast. See acast.com/privacy for more information.

9/19/2019 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1272)

Wednesday, September 18

The Federal Reserve Bank of New York announces plans to inject another $75bn into the US financial system to alleviate funding pressures in short-term lending markets, researchers find that smart TVs are leaking sensitive user data to companies including Netflix and Google and Israeli prime minister Benjamin Netanyahu fails to clinch an outright majority for his Likud party in Tuesday’s general election. Plus, the FT’s chief economics commentator, Martin Wolf, says economies are not delivering for most citizens. He tells us what corporations can do to fix the damage. FT.com is free to read today for #FTOpenDay. You can read all of the stories linked below without hitting the paywall. Take a look at the stories we covered in today’s briefing: Fed plans second intervention to ease funding squeezehttps://www.ft.com/content/2c11a972-d941-11e9-8f9b-77216ebe1f17Benjamin Netanyahu left vulnerable by inconclusive Israel electionhttps://www.ft.com/content/828ac962-d984-11e9-8f9b-77216ebe1f17Smart TVs sending sensitive data to Netflix and Facebookhttp://ft.com/content/23ab2f68-d957-11e9-8f9b-77216ebe1f17Martin Wolf: why rentier capitalism is damaging liberal democracyhttps://www.ft.com/content/5a8ab27e-d470-11e9-8367-807ebd53ab77Marc's suggested reads: WeWork’s Adam Neumann admits to being ‘humbled’ https://www.ft.com/content/7d543f5a-d94d-11e9-8f9b-77216ebe1f17 My daughter, the footballer: sexism and the beautiful gamehttps://www.ft.com/content/16f35962-e288-11e6-9645-c9357a75844aGlobal cities begin to shrink as inner areas empty outhttps://www.ft.com/content/c88b4c54-b925-11e9-96bd-8e884d3ea203Russia’s role in producing the taxman of the futurehttps://www.ft.com/content/38967766-aec8-11e9-8030-530adfa879c2 Hosted on Acast. See acast.com/privacy for more information.

9/18/2019 • 10 minutes, 24 seconds

FT News Briefing - Winamp (1273)

Tuesday, September 17

WeWork postponed its initial public offering on Monday night after struggling to drum up investor interest, US president Donald Trump says he has struck an “initial” deal on tariff barriers with Japan, EU chiefs say that UK prime minister Boris Johnson brought no fresh proposals to the table during Monday’s Brexit talks in Luxembourg and billionaire philanthropist Bill Gates says the world is “nowhere near” hitting the United Nations’ Sustainable Development Goals. Plus, the FT’s Peter Wells explains how the attack on Saudi Arabia’s major crude processing plant over the weekend will have an effect on the global economy. Hosted on Acast. See acast.com/privacy for more information.

9/17/2019 • 9 minutes, 29 seconds

FT News Briefing - Winamp (1274)

Monday, September 16

Saudi Arabia faces weeks without full crude production capacity after an attack on the world’s most important oil facility, China’s formerly acquisitive companies have become net sellers of global assets this year for the first time in a decade, thousands of General Motors workers are set to strike after talks broke down over pay and healthcare benefits at the company’s US factories and Brexit secretary Steve Barclay said that Britain could stay in a standstill transition deal with the EU until the end of 2022. Plus, the FT’s Mehul Srivastava tells us what is at stake Israel’s second election of the year. Hosted on Acast. See acast.com/privacy for more information.

9/16/2019 • 8 minutes, 26 seconds

FT News Briefing - Winamp (1275)

Friday, September 13

WeWork’s executives, investors and advisers are discussing curbing the voting power of co-founder Adam Neumann, Speaker of the UK House of Commons John Bercow warns prime minister Boris Johnson that he will allow parliament to do whatever it takes to avoid a no-deal Brexit, British Airways cancels flights on September 27 because of a planned pilot strike, dentistry company SmileDirectClub sees price shares tumble in its public market debut and Hong Kong Exchanges and Clearing is prepared to sweeten the terms of its £32bn offer for the London Stock Exchange Group. Plus, the FT’s Frankfurt editor Martin Arnold explains how the European Central Bank’s historic package of rate cuts and economic stimulus will affect the eurozone economy. Hosted on Acast. See acast.com/privacy for more information.

9/13/2019 • 9 minutes, 3 seconds

FT News Briefing - Winamp (1276)

Thursday, September 12

Purdue Pharma and its controlling Sackler family members strike a preliminary deal with several US states and local governments to resolve legal claims stemming from the opioid crisis, the FT reports that the Pentagon is compiling a list of companies with ties to the Chinese military and the UK government releases the controversial “Operation Yellowhammer” document that outlines the potential damage from a no-deal Brexit. Plus, the FT’s Philip Stafford explains why investors have given a cold shoulder to Hong Kong Exchanges and Clearing's £32bn bid for the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.

9/12/2019 • 9 minutes, 28 seconds

FT News Briefing - Winamp (1277)

Wednesday, September 11

Apple unveils the iPhone 11 and undercuts streaming rivals Netflix and Disney with a $4.99-a-month price tag for its TV+ service, and Uber cuts more than 400 engineering and product jobs in the second round of lay-offs since its May stock market listing. Plus, exercise start-up Peloton is eyeing a valuation of up to $8.2bn in its initial public offering and Margrethe Vestager holds on to a beefed-up competition role in the new European Commission. Also, the FT’s US managing editor, Peter Spiegel, unpacks the firing of US national security adviser John Bolton. Hosted on Acast. See acast.com/privacy for more information.

9/11/2019 • 9 minutes, 20 seconds

FT News Briefing - Winamp (1278)

Tuesday, September 10

Softbank, the biggest outside shareholder in WeWork, is urging the lossmaking property group to shelve its hotly anticipated initial public offering, attorneys-general from 50 US states and territories launch an investigation into Google’s dominance in online search and advertising and UK prime minister Boris Johnson loses a second attempt to hold a snap election to break Britain’s Brexit impasse. Plus, the FT’s Nicholas Megaw explains how the mis-selling of payment protection insurance caused a £50bn British banking scandal. Hosted on Acast. See acast.com/privacy for more information.

9/10/2019 • 9 minutes, 21 seconds

FT News Briefing - Winamp (1279)

Monday, September 9

A study found that nearly 40 per cent of worldwide foreign direct investment is used as a vehicle for financial engineering to minimise companies’ tax liabilities, and British Airways cancelled about 50 mostly UK-bound flights on Sunday as the airline braces for a two-day pilot strike. Plus, exports from China fell in August as the country’s trade dispute with the US took a heavier than expected toll on the manufacturing sector and Saudi Arabia has removed energy minister Khalid al-Falih, one of the most powerful figures in the global oil industry. Also, the FT’s Jim Pickard previews the week ahead in UK politics and what it could mean for Brexit.  Hosted on Acast. See acast.com/privacy for more information.

9/9/2019 • 8 minutes, 37 seconds

FT News Briefing - Winamp (1280)

Friday, September 6

UK Labour MPs appear set to reject Boris Johnson’s push for a snap election and US Treasury secretary Steven Mnuchin moves to return Fannie Mae and Freddie Mac to private ownership. Plus, WeWork expects to be valued at less than half of the $47bn figure reached in its last round of funding from Japan’s SoftBank and news that the US and China will resume trade negotiations sent Wall Street equities higher on Thursday. Also, the FT’s Shanghai correspondent, Tom Hanco*ck, explains why China’s tech groups, including Alibaba, have poured money into physical retail and how that bet worked out for them.   Hosted on Acast. See acast.com/privacy for more information.

9/6/2019 • 9 minutes, 53 seconds

FT News Briefing - Winamp (1281)

Thursday, September 5

Boris Johnson suffered two major defeats on Wednesday as MPs backed legislation to stop a no-deal Brexit and then blocked the prime minister’s attempt to call an election to regain the initiative on Brexit. Plus, workplace chat app Slack posted strong revenue growth and predicted bigger losses during its debut results since going public, Hong Kong’s chief executive Carrie Lam withdrew the controversial extradition bill that sparked three months of protests, Apple returned to the bond market for the first time since 2017 and YouTube and its parent company, Google, agreed to pay $170m to US regulators after being accused of violating children’s privacy. Also, the FT’s Madhumita Murgia explains how Google has been accused of secretly feeding personal data to advertisers. Hosted on Acast. See acast.com/privacy for more information.

9/5/2019 • 9 minutes, 14 seconds

FT News Briefing - Winamp (1282)

Wednesday, September 4

UK Conservative rebels inflict a Commons defeat on prime minister Boris Johnson’s Brexit policy, leaving Britain on the brink of a general election. Plus, Italy’s Five Star Movement votes heavily in favour of a coalition with a centre-left rival, Walmart introduces new restrictions on sales of ammunition a month after a mass shooting occurred at one of its stores, and the US manufacturing sector contracts for the first time since 2016 amid global trade tensions and fears of slowing domestic growth. Hosted on Acast. See acast.com/privacy for more information.

9/4/2019 • 7 minutes, 59 seconds

FT News Briefing - Winamp (1283)

Tuesday, September 3

UK prime minister Boris Johnson threatens to call an October 14 general election if rebel Tory MPs join forces with Labour today, Germany’s export-dependent economy is suffering from a Brexit shock as a potential recession looms and the long-running merger talks between Allen & Overy and O’Melveny & Myers collapse. Plus, the FT’s Hannah Kuchler goes into the history of Verily, the health organisation spun out of Google’s secretive research facility.  Hosted on Acast. See acast.com/privacy for more information.

9/3/2019 • 8 minutes, 33 seconds

FT News Briefing - Winamp (1284)

Monday, September 2

In a Labor Day special episode, as Philip Morris International enters into merger talks with Altria, we take a look at the evolution of the tobacco industry.  Plus, the World Bank estimates that in 2019, some 270m migrants globally will send a combined $689bn back home. We take a look at remittances and the way they are affecting economies. Hosted on Acast. See acast.com/privacy for more information.

9/2/2019 • 10 minutes, 8 seconds

FT News Briefing - Winamp (1285)

Friday, August 30

US companies are unlikely to heed Donald Trump’s call to ditch their investments in China, Argentina’s request for more time to pay $101bn of debts meets a cool reception from the country’s creditors, and UK prime minister Boris Johnson is sending his chief Brexit negotiator to meet with EU counterparts to hammer out a revised exit deal. Plus, the FT’s James Politi walks us through the legacy Christine Lagarde leaves at the IMF and what it might say about her future as the incoming president of the European Central Bank. Hosted on Acast. See acast.com/privacy for more information.

8/30/2019 • 8 minutes, 46 seconds

FT News Briefing - Winamp (1286)

Thursday, August 29

Italy appears to be heading towards a new government after the far-right is sidelined and two parties say they have reached a tentative coalition deal, Apple apologises for listening to the audio of recorded Siri conversations and Japan’s biggest internet auction site has banned trading in ivory. Plus, the FT’s Jim Pickard explains UK prime minister Boris Johnson’s move to suspend parliament and what happens next.  Hosted on Acast. See acast.com/privacy for more information.

8/29/2019 • 7 minutes, 38 seconds

FT News Briefing - Winamp (1287)

Wednesday, August 28

Opioid maker Purdue Pharma and members of the controlling Sackler family have offered to settle thousands of lawsuits against the company for $10bn-$12bn, Phillip Morris International is in talks to merge with Altria in a deal that would create the world’s largest tobacco group, UK opposition parties agree to pursue legislation to prevent a no-deal Brexit, the Federal Reserve is forced to re-assert that “political considerations play absolutely no role” in policymaking and Amazon and Microsoft go unchallenged in a $10bn Pentagon cloud computing contract. Plus, the FT’s global finance correspondent Robin Wigglesworth explains why investors are concerned that the world economy is succumbing to “Japanification”. Hosted on Acast. See acast.com/privacy for more information.

8/28/2019 • 9 minutes, 36 seconds

FT News Briefing - Winamp (1288)

Tuesday, August 27

Drugmakers could decide to settle thousands of claims against them over the opioid crisis after a $572m court order against Johnson & Johnson, President Trump says China is seeking talks on a deal to end the ongoing trade war between the two countries and New York-based hedge fund manager, Autonomy Capital, saw its fund lose more than 16 per cent in the first two weeks of August as a result of Argentina’s financial market meltdown. Plus, the FT’s Brazil bureau chief Bryan Harris talks about a backlash against Brazilian business over the Amazon rainforest fires. Hosted on Acast. See acast.com/privacy for more information.

8/27/2019 • 10 minutes, 4 seconds

FT News Briefing - Winamp (1289)

Monday, August 26

In a Summer Bank Holiday special episode, we look at Wall Street’s pressure on private prisons and why some of the top global cities are shrinking.  Hosted on Acast. See acast.com/privacy for more information.

8/26/2019 • 9 minutes, 11 seconds

FT News Briefing - Winamp (1290)

Friday, August 23

A harbinger of a recession, the yield on the two-year Treasury bill rose above that of the benchmark 10-year note again on Thursday as the world’s central bankers convened in Jackson Hole, Wyoming. Plus, intensifying regulatory scrutiny of Facebook’s Libra digital currency has spooked some of the project’s early backers, and Brazil’s environment minister says the solution to illegal logging in the Amazon is to “monetise” it. Then, the FT’s Victor Mallet previews what might come out of this weekend’s G7 summit. Hosted on Acast. See acast.com/privacy for more information.

8/23/2019 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1291)

Thursday, August 22

European Commission officials tell the FT they are planning news rules that will give EU citizens explicit rights over the use of their facial recognition data, the IMF backs the scrapping of a longstanding age restriction, clearing the way for Kristalina Georgieva to take the top spot, President Emmanuel Macron of France scraps the tradition of a joint final communiqué at the G7 summit and minutes from the Federal Reserve’s July meeting reveal a split among officials over the July interest rate cut. Plus, the FT’s US economics editor, Brendan Greeley, tells us what the world’s monetary policymakers will be discussing in Jackson Hole, Wyoming this weekend. Hosted on Acast. See acast.com/privacy for more information.

8/22/2019 • 7 minutes, 46 seconds

FT News Briefing - Winamp (1292)

Wednesday, August 21

US president Donald Trump considers tax cuts to stimulate the economy and Italian prime minister Giuseppe Conte resigns. Also, US regulators rewrite the Volcker rule, Facebook launches a new privacy tool pilot and Walmart sues Tesla over solar panel fires. Plus, the FT’s Seb Payne unpacks the stand-off between Boris Johnson and European Council president Donald Tusk over Britain’s withdrawal agreement from the EU. Hosted on Acast. See acast.com/privacy for more information.

8/21/2019 • 8 minutes, 37 seconds

FT News Briefing - Winamp (1293)

Tuesday, August 20

Apple commits more than $6bn for original shows and movies ahead of the launch of its new video streaming service and UK prime minister Boris Johnson intensifies his efforts to jettison the Irish border backstop from the Brexit withdrawal agreement. Also, Facebook and Twitter move to curb Chinese state-backed disinformation campaigns that target pro-democracy Hong Kong protesters, the Trump administration gives Huawei a temporary reprieve, the US trade commission head says it would be difficult to break up Facebook and court papers reveal that Jeffrey Epstein signed a will two days before he died. Plus, the FT’s Richard Henderson explains why the group of top US executives comprising the Business Roundtable are ditching “shareholder primacy”. Hosted on Acast. See acast.com/privacy for more information.

8/20/2019 • 8 minutes, 27 seconds

FT News Briefing - Winamp (1294)

Monday, August 19

A body advising the European Central Bank warns that European banks and other financial institutions need to speed up their preparations for the phasing out of a key interest rate benchmark, top White House economic advisor Larry Kudlow says there is no recession coming, Donald Trump casts doubt on any Huawei reprieve and Hong Kong protesters rally in defiance of Beijing. Plus, the FT’s Madhumita Murgia explains how facial recognition software is creeping into security cameras in parts of London. Hosted on Acast. See acast.com/privacy for more information.

8/19/2019 • 9 minutes, 4 seconds

FT News Briefing - Winamp (1295)

Friday, August 16

Gibraltar releases an Iranian tanker after a court sets aside a last-minute legal bid from the US to seize the vessel and Walmart raises its outlook for the US market while government data show unexpectedly strong retail sales for July in the country. Plus, the yield on 30-year US government bonds falls below 2 per cent for the first time on Thursday, China’s paramilitary police converge in a stadium near the Hong Kong border and Israel bars two US congresswomen from entering the country. Also, the FT’s Patrick McGee tests out the Apple Card, which will be rolled out to US users later this month. Hosted on Acast. See acast.com/privacy for more information.

8/16/2019 • 7 minutes, 53 seconds

FT News Briefing - Winamp (1296)

Thursday, August 15

US equities fell 3 per cent on Wednesday on fears of slowing global growth, while bond markets signalled the chances of a mounting recession and WeWork unveiled its prospectus for a $3bn-$4bn initial public offering. Plus, UK Labour party leader Jeremy Corbyn sets out a proposal for a temporary government that would help delay Brexit, Canada’s ethics watchdog says Justin Trudeau violated conflict-of-interest law and PayPal targets growing demand from India’s mobile users. Hosted on Acast. See acast.com/privacy for more information.

8/15/2019 • 9 minutes, 20 seconds

FT News Briefing - Winamp (1297)

Wednesday, August 14

US stocks and China’s currency rallied sharply on Tuesday after Washington announced a delay to some additional tariffs on Chinese imports, hundreds of flights out of Hong Kong are cancelled for the second day in a row after protesters clash with police, CBS and Viacom agree on an all-stock merger and Facebook has halted the “human review” of recorded voice messages. Plus, the FT’s Tim Bradshaw explains plans that SoftBank’s Masayoshi Son has in store for the group’s second Vision Fund. Hosted on Acast. See acast.com/privacy for more information.

8/14/2019 • 9 minutes, 13 seconds

FT News Briefing - Winamp (1298)

Tuesday, August 13

Investors see the odds of an Argentine debt default soaring after opposition candidate Alberto Fernández’s victory in primary elections, the US yield curve flattened to levels not seen since before the financial crisis and consulting group KPMG ousted the head of its UK financial services unit after an investigation into his conduct involving messages sent on WhatsApp. Plus, the FT’s senior energy correspondent, Anjli Raval, unpacks Saudi Aramco’s first-ever earnings call in the lead up to its expected initial public offering. Hosted on Acast. See acast.com/privacy for more information.

8/13/2019 • 10 minutes, 10 seconds

FT News Briefing - Winamp (1299)

Monday, August 12

Global investment banks are shedding almost 30,000 jobs as the outlook for the sector deteriorates, BlackRock buys an $870m stake in Authentic Brands, which owns the brand rights to Marilyn Monroe and Elvis Presley and British workers travelling to the EU will be unable to carry out even basic business tasks after a no-deal Brexit unless they navigate a complex web of work permits. Plus, money manager and accused sex trafficker Jeffrey Epstein was found dead in a New York jail cell on Saturday. The FT’s Kadhim Shubber explains what this might mean for the alleged victims. Hosted on Acast. See acast.com/privacy for more information.

8/12/2019 • 9 minutes, 21 seconds

FT News Briefing - Winamp (1300)

Friday, August 9

Uber posts a $5.2 billion loss as costs from its initial public offering hit earnings, Italy’s prime minister Giuseppe Conte asks for parliament to be recalled so he can hold a vote of confidence and US stocks notched their biggest jump in two months on Thursday after upbeat Chinese data soothed investors’ nerves. Also, Broadcom agrees a deal to acquire Symantec’s enterprise security business for $10.7bn, Kraft Heinz takes another $1.2bn in writedowns, UK prime minister Boris Johnson eyes an election in the days after Brexit and sources tell the FT that at least nine senior figures have been removed from their posts at Turkey’s central bank. Plus, the FT’s US mergers and acquisitions correspondent, Eric Platt, tells us about WeWork’s corporate structure revamp as it prepares to go public. Hosted on Acast. See acast.com/privacy for more information.

8/9/2019 • 10 minutes, 48 seconds

FT News Briefing - Winamp (1301)

Thursday, August 8

US stocks closed in positive territory on Wednesday as investors pushed back against deepening concerns over global growth, and the Trump administration is cracking down on Huawei and other Chinese companies seen as security threats. Plus, Broadcom revives talks with Symantec, Russia’s state-owned oil company becomes the last major supplier of petrol to Venezuela, US secretary of state Mike Pompeo said America would be ready to sign a new trade deal with the UK after it leaves the EU and Lyft raises its 2019 financial forecasts. Also, the FT’s Richard Waters tells us about the San Francisco-based research group pursuing the Holy Grail of artificial intelligence. Hosted on Acast. See acast.com/privacy for more information.

8/8/2019 • 11 minutes, 5 seconds

FT News Briefing - Winamp (1302)

Wednesday, August 7

Disney shares fall as the company misses earnings estimates in its most recent quarter, Facebook sues two app developers for advertising fraud and Match Group raises earnings guidance for 2019 after a strong boost to Tinder subscribers in the second quarter. Plus, the FT’s US economics editor, Brendan Greely, explains why the Trump administration has few tools to weaken the dollar. Hosted on Acast. See acast.com/privacy for more information.

8/7/2019 • 8 minutes, 40 seconds

FT News Briefing - Winamp (1303)

Tuesday, August 6

US Treasury labels China a currency manipulator, Hong Kong’s first general strike in more than 50 years brings the city to a standstill, US president Donald Trump condemns white supremacy after two separate mass shootings and luxury department store chain Barneys New York prepares to file for bankruptcy.  Hosted on Acast. See acast.com/privacy for more information.

8/6/2019 • 8 minutes

FT News Briefing - Winamp (1304)

Monday, August 5

At least 29 people were killed in two separate shootings in the US over the weekend, Washington identifies Chinese tankers carrying Iranian oil and US retailers warn that new tariffs threaten to accelerate lay-offs across the industry. Plus, the FT’s Michael Stott explains the political standoff fuelling an economic collapse in Venezuela. Hosted on Acast. See acast.com/privacy for more information.

8/5/2019 • 9 minutes, 50 seconds

FT News Briefing - Winamp (1305)

Friday, August 2

US President Donald Trump says the US will place a 10 per cent tariff on $300bn of additional Chinese goods, growth in corporate share buybacks starts to cool, Pinterest shares surge after the social media network raises its full year forecasts and Bank of England forecasts show a one-in-three chance that the UK economy will shrink at the start of next year.  Plus, George Parker recaps Boris Johnson’s first week as Prime Minister of the UK and the possibility of a no-deal Brexit. Hosted on Acast. See acast.com/privacy for more information.

8/2/2019 • 8 minutes, 6 seconds

FT News Briefing - Winamp (1306)

Thursday, August 1

The Federal Reserve cuts US interest rates by a quarter point, the Trump administration imposes sanctions on Iran’s foreign minister, UniCredit and Ford launch investigations into whether their data were caught up in the Capital One security breach and Qualcomm warns of “continued weakness in China”. Plus, Mexico narrowly avoided a recession in the second quarter. The FT’s Jude Webber explains what it means for the country’s president Andrés Manuel López Obrador and his promise to spur growth.   Hosted on Acast. See acast.com/privacy for more information.

8/1/2019 • 9 minutes, 57 seconds

FT News Briefing - Winamp (1307)

Wednesday, July 31

The Federal Reserve is expected to announce the first cut in US interest rates since the global financial crisis, Apple delivers upbeat guidance for the rest of 2019 despite shrinking iPhone sales and new data shows that investors have flooded into Saudi stocks this year. Plus, Chris Giles, the FT’s economics editor, explains how Russia is using technology to record and tax real-time transactions. Hosted on Acast. See acast.com/privacy for more information.

7/31/2019 • 10 minutes, 4 seconds

FT News Briefing - Winamp (1308)

Tuesday, July 30

Uber eliminates 400 marketing jobs in a corporate reorganisation, Citigroup plans to axe hundreds of jobs in its global markets division and new data reveal more than 2,000 Chinese-made security cameras deemed a threat to national security remain in place in US government buildings. Plus, Pfizer reaches a deal to combine its Upjohn unit with generics drugmaker Mylan, Beyond Meat announces a stock sale and Sterling tumbles to its lowest level in two and a half years on Monday as market fears of a no-deal Brexit grow. Hosted on Acast. See acast.com/privacy for more information.

7/30/2019 • 9 minutes, 27 seconds

FT News Briefing - Winamp (1309)

Monday, July 29

The UK chancellor of the exchequer, Sajid Javid, plans to announce more than £1bn in increased funding for a no-deal Brexit, Deutsche Bank investigates whether confidential client data was compromised after it failed to deactivate dozens of accounts of fired staff, US President Donald Trump moves to replace Dan Coats as US director of national intelligence and some foreign car manufacturers in China are operating at a fraction of their potential output. Plus, the FT’s Arash Massoudi explains what the London Stock Exchange is looking to achieve with a potential takeover of financial market data provider Refinitiv. Hosted on Acast. See acast.com/privacy for more information.

7/29/2019 • 9 minutes, 12 seconds

FT News Briefing - Winamp (1310)

Friday, July 26

A rebound in Google’s advertising business propels revenues higher, Amazon’s move to one-day shipping reinvigorated revenue growth in the second quarter while costs increased, the European Union's chief Brexit negotiator calls UK prime minister Boris Johnson’s terms for talks on Brexit “unacceptable” and the European Central Bank signals that it will cut rates and embark on a fresh round of asset purchases. Plus, the FT’s Jude Webber explains why Latin America’s missing middle economy is affecting its contribution to global growth. Hosted on Acast. See acast.com/privacy for more information.

7/26/2019 • 10 minutes, 14 seconds

FT News Briefing - Winamp (1311)

Thursday, July 25

Former special counsel Robert Mueller warns of Russian interference in the 2020 US election during a day of hearings in Washington, Facebook reveals that the US Federal Trade Commission has launched a formal antitrust investigation into the company, Tesla posts deeper than expected losses as its profit margins fall and UK prime minister Boris Johnson vows to deliver Brexit in 99 days.  Hosted on Acast. See acast.com/privacy for more information.

7/25/2019 • 8 minutes, 19 seconds

FT News Briefing - Winamp (1312)

Wednesday, July 24

Boris Johnson wins the UK Conservative party leadership race to become prime minister, the US Department of Justice announces a broad investigation into Big Tech’s market power, American officials are preparing a trip to China before the end of July in a bid to reignite trade talks, Snapchat’s parent company exceeds revenue estimates and boosts user numbers in the second quarter and WeWork aims to publicly list its shares as early as September. Hosted on Acast. See acast.com/privacy for more information.

7/24/2019 • 6 minutes, 53 seconds

FT News Briefing - Winamp (1313)

Tuesday, July 23

The White House and Democratic leaders reach an agreement to raise the US’s $22tn borrowing limit which takes it beyond the next election, Donald Trump promises major US technology companies that his administration will process their application to supply Huawei quickly, Washington issues sanctions against one of China’s largest state-backed oil companies for transporting Iranian crude oil and Starbucks takes a stake in Eatsa, a San Francisco-based restaurant tech company. Plus, Boris Johnson is widely expected to become the leader of the UK Conservative party on Tuesday. The FT’s political editor George Parker previews what is ahead for Britain with Boris Johnson as prime minister. Hosted on Acast. See acast.com/privacy for more information.

7/23/2019 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1314)

Monday, July 22

Hong Kong protesters escalate demonstrations by targeting Chinese government offices,  UK defence minister Tobias Ellwood rejects claims that the government could have stopped Iranian forces from capturing a British-flagged tanker, early exit polls indicate that Ukraine President Volodymyr Zelensky’s party of neophyte politicians have won Sunday’s snap parliamentary election and Prime Minister Shinzo Abe’s ruling coalition wins a clear majority in Japan’s upper house. Plus, the FT’s Gideon Long explains how Colombia is positioning itself as a major producer of cannabis as medical marijuana becomes more popular. Hosted on Acast. See acast.com/privacy for more information.

7/22/2019 • 9 minutes, 33 seconds

FT News Briefing - Winamp (1315)

Friday, July 19

President Donald Trump says the US navy has shot down an Iranian drone after it threatened an American warship, Boeing says it will take a $4.9bn after-tax charge in the second quarter related to the grounding of the 737 Max jet and the Federal Reserve Bank of New York president stokes expectations of an aggressive half-point cut in US interest rates this month. Plus, WeWork founder Adam Neumann has sold his shares, Microsoft’s cloud business fuels growth as the software company tops earnings forecasts and 2019 is shaping to be a record-setting year for private equity deals. Hosted on Acast. See acast.com/privacy for more information.

7/19/2019 • 8 minutes, 20 seconds

FT News Briefing - Winamp (1316)

Thursday, July 18

Netflix falls short of its own forecasts for new subscribers, G7 finance ministers struggle to reach a compromise on how to tax Big Tech and US President Donald Trump expels Turkey from the US-led F-35 fighter jet programme. Plus, the FT’s Gregory Meyer explains how signs of a slowing US economy are starting to show up on the nation’s railways. Hosted on Acast. See acast.com/privacy for more information.

7/18/2019 • 7 minutes

FT News Briefing - Winamp (1317)

Wednesday, July 17

Lower rates squeeze US bank lending margins, Ursula von der Leyen narrowly secures parliamentary backing for her appointment as European Commission president and United Airlines raises its outlook for the full year despite the financial impact of the grounding of the carrier’s 737 Max fleet. Plus, the FT’s Kiran Stacey reports on Big Tech’s day in Washington. Hosted on Acast. See acast.com/privacy for more information.

7/17/2019 • 7 minutes, 6 seconds

FT News Briefing - Winamp (1318)

Tuesday, July 16

Democratic congresswomen call Donald Trump’s attacks a “distraction” after the US president doubles down on his statement, US Treasury secretary Steven Mnuchin says Facebook has “a lot of work to do” before the Trump administration will let it proceed with its planned cryptocurrency and money manager Jeffrey Epstein discloses his assets in a court filing after being charged with the sex trafficking of underage girls. Plus, the FT’s Ahmed Al Omran explains how Saudi Arabia is reviving its efforts to  draw dissidents home. Hosted on Acast. See acast.com/privacy for more information.

7/16/2019 • 9 minutes, 41 seconds

FT News Briefing - Winamp (1319)

Monday, July 15

The acting IMF chief, David Lipton, backs new monetary stimulus by the world’s top central banks, Warner Music buys First Night Records and equity investors brace for the second successive drop in US quarterly profits. Plus, US banks are set to report second-quarter results this week. The FT’s Robert Armstrong explains what investors will be watching.  Hosted on Acast. See acast.com/privacy for more information.

7/15/2019 • 7 minutes, 10 seconds

FT News Briefing - Winamp (1320)

Friday, July 12

President Donald Trump issues an executive order to collect all information in US government databases about who is an American citizen, Boeing says the head of its 737 programme will retire at the end of this year and we take a look at China’s economy ahead of the release of its second-quarter growth figures. Plus, Hannah Kuchler explains why some drugmakers are braced for an opioid crisis reckoning. Hosted on Acast. See acast.com/privacy for more information.

7/12/2019 • 7 minutes, 54 seconds

FT News Briefing - Winamp (1321)

Thursday, July 11

The Trump administration launches an investigation into French plans to bring in a special tax targeting big tech companies and Amazon Music becomes the fastest-growing streaming service. Plus, Federal Reserve chairman Jay Powell cemented the case for an interest rate cut in his testimony to US Congress. The FT’s James Politi explains. Hosted on Acast. See acast.com/privacy for more information.

7/11/2019 • 8 minutes, 45 seconds

FT News Briefing - Winamp (1322)

Wednesday, July 10

Mexico’s finance minister, Carlos Urzúa, resigns over differences with President Andrés Manuel López Obrador, Levi Strauss shares slip after IPO costs weigh on its second quarter earnings and Boris Johnson dodges questions about Brexit and US relations in a UK Conservative party leadership debate. Plus, the FT’s Joe Rennison tells us about a new menace popping up in the leveraged loan market. Hosted on Acast. See acast.com/privacy for more information.

7/10/2019 • 10 minutes, 18 seconds

FT News Briefing - Winamp (1323)

Tuesday, July 9

Chinese venture capital investment in US biotech falls as Washington tightens scrutiny of funding from overseas, German chemicals group BASF cuts its full-year forecast and warns that second-quarter profits would almost halve and Deutsche Bank begins the culling of 18,000 jobs, with whole teams of equity traders being dismissed. Plus, the FT’s US legal and enforcement correspondent, Kadhim Shubber, explains the sex trafficking charges against money manager Jeffrey Epstein.  Hosted on Acast. See acast.com/privacy for more information.

7/9/2019 • 10 minutes, 24 seconds

FT News Briefing - Winamp (1324)

Monday, July 8

Iran says it will breach the curbs on uranium enrichment levels set under the 2015 nuclear agreement with major powers, Greece’s traditional centre-right party is set to regain power after a sweeping general election victory and a survey of fund managers shows that investors are buckling up for a global recession. Plus, Deutsche Bank has unveiled plans to overhaul the struggling German lender. The FT’s European banking correspondent, Stephen Morris, breaks down the details. Hosted on Acast. See acast.com/privacy for more information.

7/8/2019 • 9 minutes, 20 seconds

FT News Briefing - Winamp (1325)

Friday, July 5

British Marines and Gibraltar police seize a tanker suspected of carrying Iranian oil to Syria, the Womens’ World Cup reaches its finale, but will the expected winners take up their invitation to the White House? Who are the main contenders to replace Christine Lagarde as IMF chief? Plus, chief features writer Henry Mance on the pressure US space agency Nasa is under to put astronauts back on the moon by 2024 Hosted on Acast. See acast.com/privacy for more information.

7/5/2019 • 11 minutes, 8 seconds

FT News Briefing - Winamp (1326)

Thursday, July 4

US stocks closed at record highs on Wednesday alongside a bond rally as investors anticipated looser monetary policies from central banks, Huawei founder Ren Zhengfei predicts the next battle with the US will be over the Chinese telecom company’s push into the internet of things and Boeing pledges to commit $100m to help address the needs of families affected by two deadly crashes of its 737 Max jet. Plus, the FT’s Frankfurt bureau chief, Claire Jones, explains what Christine Lagarde is set to inherit at the European Central Bank.  Hosted on Acast. See acast.com/privacy for more information.

7/4/2019 • 8 minutes, 58 seconds

FT News Briefing - Winamp (1327)

Wednesday, July 3

European leaders agree to back Christine Lagarde as president of the European Central Bank and Ursula von der Leyen as president of the European Commission, Tesla reports record production and delivery figures for its latest quarter, the Trump administration abandons its efforts to include a citizenship question in the 2020 census and President Donald Trump says he will nominate Fed critic Judy Shelton and St Louis Fed official Christopher Waller to the board of the Federal Reserve. Plus, the FT’s Richard Henderson explains a radical shift taking place in capital markets.  Hosted on Acast. See acast.com/privacy for more information.

7/3/2019 • 9 minutes, 45 seconds

FT News Briefing - Winamp (1328)

Tuesday, July 2

Hong Kong leader Carrie Lam condemns protesters who stormed and occupied the Legislative Council, the US economic expansion becomes the longest in recent history and Iran’s oil minister warns that the future of Opec is in jeopardy from the growing influence of Russia and Saudi Arabia. Plus, some questions about office provider WeWork as it prepares to hit the public markets this year. The FT’s US business editor, Andrew Edgecliffe-Johnson, spoke with founder Adam Neumann about the group’s $47bn valuation and his plans for the company’s future.  Hosted on Acast. See acast.com/privacy for more information.

7/2/2019 • 10 minutes, 15 seconds

FT News Briefing - Winamp (1329)

Monday, July 1

US president Donald Trump signals that nuclear talks with North Korea will resume, after meeting with Kim Jong Un on Sunday, the US and China ease trade tensions at the G20 summit, but commentators wonder how long the effects will last, Angela Merkel’s compromise plan to fill the EU’s top positions runs into a wall of opposition and HSBC launches a lobbying effort to convince the Chinese government that it is not responsible for the arrest of Huawei’s finance director.  Hosted on Acast. See acast.com/privacy for more information.

7/1/2019 • 8 minutes, 11 seconds

FT News Briefing - Winamp (1330)

Friday, June 28

The Federal Reserve singles out Credit Suisse in its annual stress tests, Nike reports higher sales and profit margins in its latest quarter, designer Jony Ive will leave Apple at the end of this year and Russian president Vladimir Putin says liberalism has ‘become obsolete’. Plus, the FT’s US managing editor, Peter Spiegel, previews the G20 summit in Osaka, Japan. Hosted on Acast. See acast.com/privacy for more information.

6/28/2019 • 9 minutes, 49 seconds

FT News Briefing - Winamp (1331)

Thursday, June 27

Boeing faces another setback in its attempt to get the 737 Max back in the air, activist investor Carl Icahn is preparing a campaign to oust four of Occidental Petroleum’s board members and private equity deal-making hits its highest level since the lead-up to the global financial crisis. Plus, the FT’s corporate finance and deals editor, Arash Massoudi, explains what led to AbbVie’s $63bn acquisition of Botox-maker Allergan. Hosted on Acast. See acast.com/privacy for more information.

6/27/2019 • 9 minutes, 7 seconds

FT News Briefing - Winamp (1332)

Wednesday, June 26

Fed chairman Jay Powell warns that risks to global growth have increased in recent weeks, AbbVie investors give the US drugmaker a resounding thumbs down on its bid to buy Botox-maker Allergan and FedEx warns that a slower global economy and trade uncertainty will continue to drag on its business in 2020. Plus, the FT’s banking editor, David Crow, explains how a host of digital upstarts could challenge HSBC’s dominance in Hong Kong.  Hosted on Acast. See acast.com/privacy for more information.

6/26/2019 • 9 minutes, 47 seconds

FT News Briefing - Winamp (1333)

Tuesday, June 25

Boris Jonson’s tax cut proposals could cost as much as £20bn a year, according to a new report; Instagram’s Adam Mosseri tells the FT that “window-shopping” will become a core part of the photo-sharing app’s future; and US President Donald Trump signs an executive order to hit Iran with new sanctions.  Plus, the FT’s Turkey correspondent, Laura Pitel, explains what’s next for Turkey and President Recep Tayyip Erdogan following the opposition’s triumph in Istanbul’s repeat mayoral election. Hosted on Acast. See acast.com/privacy for more information.

6/25/2019 • 11 minutes, 2 seconds

FT News Briefing - Winamp (1334)

Monday, June 24

Washington plans to impose fresh sanctions on Tehran and warns that Iran should not mistake US “prudence for weakness”, Ericsson’s head of US business says the UK’s plan to shut Huawei out of parts of its 5G network makes little technical sense and the US Federal Reserve quizzes Deutsche Bank over its “bad bank” plans. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains why the world’s top 500 companies are set to miss the climate goals outlined in the 2015 Paris agreement. Hosted on Acast. See acast.com/privacy for more information.

6/24/2019 • 9 minutes, 43 seconds

FT News Briefing - Winamp (1335)

Friday, June 21

President Donald Trump played down the significance of Iran shooting down a US drone over the Gulf, saying he found it “hard to believe” the move was intentional; Slack lands on Wall Street with a $20bn valuation and Boris Johnson will face Jeremy Hunt in the UK Conservative party leadership race. Plus, Judith Evans, the FT’s property correspondent, explains why the global real estate boom could be drawing to a close. Hosted on Acast. See acast.com/privacy for more information.

6/21/2019 • 8 minutes, 44 seconds

FT News Briefing - Winamp (1336)

Thursday, June 20

Pressure mounts on the US and China to ease trade tensions at next week’s G20 summit, Deutsche Bank is under criminal investigation in the US in connection with alleged failures to comply with anti-money laundering laws and Nissan agrees on a truce with Renault in their governance dispute ahead of the Japanese carmaker’s pivotal shareholder meeting next week. Plus, the Federal Reserve held US interest rates steady, but put investors on notice for a future cut. The FT’s US markets editor, Robin Wigglesworth, explains.   Hosted on Acast. See acast.com/privacy for more information.

6/20/2019 • 8 minutes, 24 seconds

FT News Briefing - Winamp (1337)

Wednesday, June 19

Facebook’s plan to launch a new global digital currency raises questions from banks and regulators, the FT reports that several of Renault and Nissan’s joint business functions are being quietly unwound and the latest round of voting by Conservative MPs trims the UK party’s leadership race down to five candidates. Plus, the FT’s West Coast Editor Richard Waters explains what Slack has in store for investors as the cloud-based communications platform prepares to go public on Thursday. Hosted on Acast. See acast.com/privacy for more information.

6/19/2019 • 10 minutes, 36 seconds

FT News Briefing - Winamp (1338)

Tuesday, June 18

Qatar’s sovereign wealth fund is looking to ramp up its investment plans in North America and Asia, the biggest European private equity groups are rushing to raise new mega funds and Pfizer agrees to pay $11.4bn for Array BioPharma in an effort to boost its cancer treatment portfolio. Plus, the FT’s Washington bureau chief Demetri Sevastopulo explains what Iran’s threat to breach nuclear deal terms means for its relationship with the US, as President Donald Trump orders 1,000 more troops to the Middle East. Hosted on Acast. See acast.com/privacy for more information.

6/18/2019 • 8 minutes, 56 seconds

FT News Briefing - Winamp (1339)

Monday, June 17

Sources tell the FT that Deutsche Bank is preparing a deep overhaul of its trading operations as it shifts away from investment banking, the US Chamber of Commerce calls for the Trump administration to end its trade war with China and Hong Kong protesters demand the resignation of chief executive Carrie Lam over a controversial extradition bill. Plus, the FT’s Robin Wigglesworth explains how some hedge funds are using artificial intelligence to copy the best parts of human traders with none of the frailties. Hosted on Acast. See acast.com/privacy for more information.

6/17/2019 • 9 minutes, 2 seconds

FT News Briefing - Winamp (1340)

Friday, June 14

Crude oil prices surge as tensions rise in the Middle East, Brussels says Russian sources mounted a “sustained” disinformation effort to influence last month’s EU parliament elections and the focus in the UK leadership stakes moves to the second round after Boris Johnson emerged well ahead in the first party vote in the contest to become Britain’s next prime minister. Plus, the FT’s Siona Jenkins explains why 2019 will be a pivotal year for women’s football. Hosted on Acast. See acast.com/privacy for more information.

6/14/2019 • 9 minutes, 14 seconds

FT News Briefing - Winamp (1341)

Thursday, June 13

Hong Kong’s chief executive has vowed to push ahead with an extradition bill that has sparked violence in the territory, UK party leadership frontrunner Boris Johnson says Britain would only leave the EU without a deal as “a last resort” and US President Donald Trump says Poland will build a facility to host 1,000 American troops. Plus, FT capital markets reporter Joe Rennison explains why US homeowners are rushing to refinance their mortgages. Hosted on Acast. See acast.com/privacy for more information.

6/13/2019 • 8 minutes, 43 seconds

FT News Briefing - Winamp (1342)

Wednesday, June 12

Elon Musk predicts a “record quarter” for Tesla, Royal Dutch Shell scales back its ride-hailing plans in London and the British government is eyeing new powers to enable it to block companies from listing on the London Stock Exchange on national security grounds. Plus, the FT’s retail correspondent Jonathan Eley explains the rift between Arcadia and its creditors, and how today’s meeting between them might play out. Hosted on Acast. See acast.com/privacy for more information.

6/12/2019 • 9 minutes, 53 seconds

FT News Briefing - Winamp (1343)

Tuesday, June 11

New powers given to Europe’s banking watchdog to fight the flow of dirty money are falling short, talks to create the US’s first national data privacy law have ground to a halt and Nissan’s CEO wants to make peace with its French partner, Renault. Plus, the FT’s natural resources reporter Gregory Meyer explains how the unprecedented amounts of rain are affecting the US farming industry.   Hosted on Acast. See acast.com/privacy for more information.

6/11/2019 • 9 minutes, 26 seconds

FT News Briefing - Winamp (1344)

Monday, June 10

United Technologies and Raytheon agree to an all-share merger to create a $120bn aerospace and defence giant, French carmaker Renault tells Japanese partner Nissan that it will block its plan to change its corporate governance and Deutsche Bank finds “serious” failings in payments screening. Plus, FT UK political correspondent Laura Hughes talks about the 11 candidates vying for 10 Downing St now that Theresa May has stepped down as Conservative party leader. Hosted on Acast. See acast.com/privacy for more information.

6/10/2019 • 9 minutes

FT News Briefing - Winamp (1345)

Friday, June 7

Beyond Meat expects sales to double in 2019, Mexico and the US continue talks over tariffs that Donald Trump indicated could start next week, and Mario Draghi prepares to cut rates and embark on a fresh round of bond purchases before he leaves the European Central Bank in October. Plus, we take a look at the business of broadcast news. At the FT’s Future of News conference in New York, our news editor Matt Garrahan talks to Susan Zirinsky, president of CBS News, Noah Oppenheim, president of NBC News, and James Goldston, president of ABC News. Hosted on Acast. See acast.com/privacy for more information.

6/7/2019 • 11 minutes, 11 seconds

FT News Briefing - Winamp (1346)

Thursday, June 6

Fiat Chrysler has withdrawn its proposal for a €33bn merger with Renault, International Monetary Fund chief Chrstine Lagarde warns that the rising tariffs between the US and China are “self-inflicted wounds” on the global recovery, and YouTube bans supremacist content from its website as it steps up its crackdown on hate speech. Plus, FT reporter Camilla Hodgson talks about people-finding websites and why information on them keeps reappearing. Hosted on Acast. See acast.com/privacy for more information.

6/6/2019 • 9 minutes, 14 seconds

FT News Briefing - Winamp (1347)

Wednesday, June 5

Donald Trump’s pick for the World Bank’s new president, David Malpass, laments the global trade slowdown, Donald Trump predicts that US tariffs against Mexico will go ahead next week and the board of French car company Renault stalls a decision regarding a €33bn merger with Fiat Chrysler. Plus, the FT’s US economics editor Sam Fleming explains why the Federal Reserve is considering the need for a rate cut. Hosted on Acast. See acast.com/privacy for more information.

6/5/2019 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1348)

Tuesday, June 4

The biggest names in tech come under pressure as US regulators prepare for antitrust probes, Apple turns towards services and privacy at its annual developers conference and US president Donald Trump turns to the political part of his UK trip after a state banquet with the Queen. Plus, the FT’s trade editor James Politi take us behind the sharp rise in trade tensions between the US and Mexico, and what lies ahead. Hosted on Acast. See acast.com/privacy for more information.

6/4/2019 • 8 minutes, 49 seconds

FT News Briefing - Winamp (1349)

Monday, June 3

Donald Trump embarks on his first state visit to the UK by testing the countries’ special relationship, Blackstone strikes the largest private real estate deal in history and US technology companies are re-examining their supply chains to identify Chinese groups that may be targeted in the US-China trade war. Plus, the FT’s Global Technology correspondent Tim Bradshaw previews what’s likely to come out of Apple’s Worldwide Developers Conference this week. Hosted on Acast. See acast.com/privacy for more information.

6/3/2019 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1350)

Friday, May 31

Uber says it has seen an easing of the fierce competition that blew out its losses in the first quarter, President Donald Trump will threaten to curb intel sharing will Britain if it allows Huawei to build part of the country’s 5G mobile network, and from Canada Goose to Gap it has been a bad week for retailers.  Plus, the FT’s North American correspondent Patti Waldmeir explains why the return of service of Boeing’s 737 Max jet could depend on pilot training. Hosted on Acast. See acast.com/privacy for more information.

5/31/2019 • 10 minutes, 2 seconds

FT News Briefing - Winamp (1351)

Thursday, May 30

Prime Minister Benjamin Netanyahu plunges Israel into repeat elections instead of allowing his rival a chance to form the next government, Democrats are split on whether to pursue the impeachment of US president Donald Trump after special counsel Robert Mueller’s public statement and two female partners at KPMG have left the accounting firm in the UK over its handling of bullying claims against a senior male partner. Plus, the FT’s UK political editor George Parker explains why more Conservatives are now taking a hard line on a no-deal Brexit and what it means for the upcoming leadership race.   Hosted on Acast. See acast.com/privacy for more information.

5/30/2019 • 9 minutes, 21 seconds

FT News Briefing - Winamp (1352)

Wednesday, May 29

In an interview with the FT, the UK health secretary and pro-business Conservative leadership candidate blasts rival Boris Johnson, Spain’s Prime Minister Pedro Sanchez and his French counterpart Emmanuel Macron are joining forces to block a German conservative from taking the European Commission presidency, and the mounting US-China trade war has led investors to raise bets that the Federal Reserve will cut interest rates as the economy slows. Plus, the FT’s corporate finance and deals editor Arash Massoudi explains the significance of the talks between Fiat Chrysler and Renault and the seismic shift it would cause in the automaking industry. Hosted on Acast. See acast.com/privacy for more information.

5/29/2019 • 9 minutes

FT News Briefing - Winamp (1353)

Tuesday, May 28

The success of the Brexit party in European elections ramps up pressure on Britain to leave the EU without a deal, Aviva is preparing a big shake-up of its UK business and Disney’s live action remake of the 1992 animated classic ‘Aladdin’ grabbed the top spot at the US box office over the holiday weekend. Plus, the FT’s pharma correspondent Hannah Kuchler reports that technology companies are betting that their insights into human behaviour can help opioid addicts recover. Hosted on Acast. See acast.com/privacy for more information.

5/28/2019 • 8 minutes, 54 seconds

FT News Briefing - Winamp (1354)

Monday, May 27

An alliance of pro-EU parties largely held their ground in Sunday’s European elections, Fiat Chrysler and Renault are in talks that could extend to a full merger, and the most valuable unicorn in the world, ByteDance, wants to make smartphones. Plus, the FT’s Brazil correspondent Andres Schipani tells how the country has changed since Jair Bolsonaro became president. Hosted on Acast. See acast.com/privacy for more information.

5/27/2019 • 9 minutes, 4 seconds

FT News Briefing - Winamp (1355)

Friday, May 24

Donald Trump says that Huawei could be included in a trade deal with Beijing, Facebook says it took down a record 2.2bn fake accounts in the first three months of this year and JPMorgan Chase drops its client Purdue Pharma, the OxyContin maker, which has been accused in thousands of lawsuits of fuelling the US opioid crisis. Plus, the FT’s Eric Platt explains how three Wall St banks, Morgan Stanley, Goldman Sachs and JPMorgan Chase, dominate advising on tech IPOs, and why that grip might be under threat after Uber’s listing. Hosted on Acast. See acast.com/privacy for more information.

5/24/2019 • 9 minutes, 25 seconds

FT News Briefing - Winamp (1356)

Thursday, May 23

Conservative MPs expect UK Prime Minister Theresa May to resign or be forced out of office within days, sources tell the FT that Tyson Foods, the largest US meat packer, is in talks over a multi-billion dollar investment in Kazakhstan beef production as a back door into China and a US judge rejects President Donald Trump’s efforts to quash subpoenas of his bank records. Hosted on Acast. See acast.com/privacy for more information.

5/23/2019 • 8 minutes, 29 seconds

FT News Briefing - Winamp (1357)

Wednesday, May 22

UK Prime Minister Theresa May offers Labour a deal that includes the possibility of a second EU referendum, Europe’s aviation safety agency sets out strict conditions before it will allow Boeing’s 737 Max aircraft back into the skies and shares in three of the US’s biggest department store chains, Nordstrom, Kohl’s and JC Penney, fell on Tuesday after the companies reported quarterly results short of forecasts. Plus the FT’s Shanghai correspondent Tom Hanco*ck explains why Chinese film producers are facing a funding crunch. Hosted on Acast. See acast.com/privacy for more information.

5/22/2019 • 9 minutes, 32 seconds

FT News Briefing - Winamp (1358)

Tuesday, May 21

Federal Reserve chair Jay Powell tempers fears over a corporate debt meltdown, Hungarian Prime Minister Viktor Orban steps up the campaign for the country’s Fidesz party in the days leading up to the European parliamentary elections and the UK’s financial watchdog says the number of crypto and forex fraud claims has more than tripled in the past financial year.   Hosted on Acast. See acast.com/privacy for more information.

5/21/2019 • 9 minutes, 47 seconds

FT News Briefing - Winamp (1359)

Monday, May 20

US intelligence chiefs have held a series of classified briefings with American companies and other groups to warn them of the dangers of doing business in China, a small group of US farm operators have received more than half the money from a federal bailout designed to offset the cost of US trade battles and India exit polls point to a clear election victory for prime minister Narendra Modi. Plus, the FT’s Brussels bureau chief, Alex Barker, explains why Europe’s centrist parties might be in trouble in this week’s parliament elections. Hosted on Acast. See acast.com/privacy for more information.

5/20/2019 • 8 minutes, 59 seconds

FT News Briefing - Winamp (1360)

Friday, May 17

Shares in the image sharing platform Pinterest tumble as much as 19 percent after the company’s first earnings report since going public, Starbucks’ China rival Luckin Coffee raises $561m in its IPO gaining a valuation of $4bn and UK Prime Minister Theresa May tells her MPs she will set out a timetable for her resignation and the election of a new leader. Plus, the FT’s Australia and Pacific correspondent Jamie Smyth explains why there’s so much bad blood in Australia and what it means for Saturday’s Federal election. Hosted on Acast. See acast.com/privacy for more information.

5/17/2019 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1361)

Thursday, May 16

US President Donald Trump issues an executive order effectively banning telecoms companies from using equipment manufactured by China’s Huawei, Cisco systems is slashing its manufacturing in China in anticipation of higher import tariffs levied in the US and office space group WeWork tries to rein in losses before a possible IPO. Plus, the FT’s Paris Bureau Chief Victor Mallet explains what the European Parliament could have in store for France’s president Emmanuel Macron and why his vision for a united Europe might be in jeopardy.   Hosted on Acast. See acast.com/privacy for more information.

5/16/2019 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1362)

Wednesday, May 15

Intel reveals a vulnerability in its chips that could let hackers steal data, Wall Street recovers as trade war fears ease, a dispute between the US and Mexico sours the market for fruits and vegetables, and UK Prime Minister Theresa May challenges Labour Party leader Jeremy Corbyn to make up his mind on her Brexit compromise plan. Plus, the FT’s Buenos Aires correspondent, Benedict Mander, explains how the IMF’s $56bn bailout is playing out in Argentina. Hosted on Acast. See acast.com/privacy for more information.

5/15/2019 • 10 minutes, 22 seconds

FT News Briefing - Winamp (1363)

Tuesday, May 14

The heightened trade war with China hands US stocks their biggest one-day drop in months, Uber shares lose more than a tenth of their value in the ride-hailing app’s second day of trading and a California court orders Bayer to pay more than $2bn in damages to a pair of cancer patients who claimed that their non-Hodgkin’s lymphoma was caused by the German group’s weedkiller, RoundUp. Plus, the FT’s pharmaceutical and biotech reporter, Hannah Kuchler, explains why a lawsuit backed by 44 US states alleges that some generic drugmakers, including Teva and Pfizer, have been fixing prices of more than 100 drugs. Hosted on Acast. See acast.com/privacy for more information.

5/14/2019 • 9 minutes, 29 seconds

FT News Briefing - Winamp (1364)

Monday, May 13

Donald Trump’s top economic adviser, Larry Kudlow, raises the prospect of a face-to-face encounter between the US president and China’s Xi Jinping, three influential advisory groups encourage Volkswagen shareholders to vote against the stewardship of all but one member of the German automaker’s board at the annual meeting on Tuesday and Boeing expects “far reaching” changes to the way aircraft are certified safe across the global aviation industry. Plus, the FT’s private equity correspondent in London Javier Espinoza explains why private equity firms have shunned the UK for Europe. Hosted on Acast. See acast.com/privacy for more information.

5/13/2019 • 9 minutes, 25 seconds

FT News Briefing - Winamp (1365)

Friday, May 10

US President Donald Trump breaks the silence on escalating tensions with North Korea, US-China trade talks kick off in DC and a London-based boutique advisory firm stands to make $27m in fees for its work on Barbados’s $7bn debt restructuring. Plus, the FT’s Shannon Bond sets the stage for Uber’s New York Stock Exchange debut. Hosted on Acast. See acast.com/privacy for more information.

5/10/2019 • 8 minutes, 28 seconds

FT News Briefing - Winamp (1366)

Thursday, May 9

The US has imposed new sanctions on Iran’s metal sectors after Iran said it would cease to comply with parts of the 2015 nuclear deal, Disney writes down $353m from its stake in Vice Media and Tokyo prosecutors relied on a laptop acquired in Lebanon to help build a case against former Nissan boss Carlos Ghosn. Plus, the FT’s US managing editor Peter Spiegel explains what happened on Wednesday regarding the White House, the Mueller report and the US attorney general being held in contempt of Congress. Hosted on Acast. See acast.com/privacy for more information.

5/9/2019 • 8 minutes, 30 seconds

FT News Briefing - Winamp (1367)

Wednesday, May 8

Global equities suffered one of their biggest declines of the year on fears about a US-China trade war, Lyft shares slip even further below their $72 IPO price after the company said warns about slowing revenue growth and Google unveils plans for a smart display that would use facial recognition to make personalised recommendations. Plus, the FT’s Gregory Meyer tells us about the super weeds that are causing new trouble for Bayer and its blockbuster herbicide, Roundup. Hosted on Acast. See acast.com/privacy for more information.

5/8/2019 • 9 minutes, 9 seconds

FT News Briefing - Winamp (1368)

Tuesday, May 7

Senior US officials accuse China of backtracking on its pledges in negotiations to end the trade war, Anadarko Petroleum’s board of directors backs Occidental Petroleum’s $55bn bid, and former Goldman Sachs banker Roger Ng is released under house arrest on $20m bail by a US court over the 1MDB case. Plus, the FT’s Alistair Gray explains the serious accounting problems that have forced Kraft Heinz to restate nearly three years of earnings. Hosted on Acast. See acast.com/privacy for more information.

5/7/2019 • 9 minutes, 37 seconds

FT News Briefing - Winamp (1369)

Monday, May 6

US president Donald Trump threatens to raise tariffs on all Chinese imports to 25 per cent, Occidental Petroleum adds more cash to the structure of its $55bn offer to buy Anadarko Petroleum and the European Union prepares to launch a formal antitrust investigation into Apple. Plus, the FT’s economics editor Chris Giles explains why the global economy looks stronger than the “delicate moment” the IMF had expected this spring. Hosted on Acast. See acast.com/privacy for more information.

5/6/2019 • 8 minutes, 15 seconds

FT News Briefing - Winamp (1370)

Friday, May 3

Investors flock back to a complex debt-derivatives product blamed for amplifying losses in the financial crisis, thousands of US screenwriters take on their private equity-backed agents, and the billionaire founder of drugmaker Insys is among those found guilty of bribing doctors to prescribe an addictive painkiller. Plus, the FT’s banking editor David Crow explains what is next for Barclays after activist investor Edward Bramson suffered a heavy defeat in his bid for a seat on the investment bank’s board. Hosted on Acast. See acast.com/privacy for more information.

5/3/2019 • 8 minutes, 2 seconds

FT News Briefing - Winamp (1371)

Thursday, May 2

The Federal Reserve rules out immediate rate moves, vegan start-up Beyond Meat raises $240.6m from an initial public offering, and US attorney-general William Barr hits back at criticism of his handling of Robert Mueller’s Russia investigation. Plus, the FT’s political editor George Parker explains why Boris Johnson looms large over the Brexit endgame. Hosted on Acast. See acast.com/privacy for more information.

5/2/2019 • 9 minutes, 42 seconds

FT News Briefing - Winamp (1372)

Wednesday, May 1

Apple forecasts an improvement in depressed iPhone sales, Donald Trump drops a central demand from trade negotiations with China in order to end a long-running tariff dispute and Crown Prince Naruhito becomes Japan’s first modern monarch. Plus, the FT’s Gideon Long explains what Juan Guaidó’s call for an uprising in Venezuela means for the country and Nicolás Maduro.   Hosted on Acast. See acast.com/privacy for more information.

5/1/2019 • 8 minutes, 10 seconds

FT News Briefing - Winamp (1373)

Tuesday, April 30

Google’s advertising revenue slows more than expected, The We Company joins the list of highly valued private companies eyeing a public listing and a group of shipping industry executives call for a speed limit on commercial vessels to cut emissions. Plus, the FT’s US industry and energy editor Ed Crooks explains what Occidental Petroleum’s $55bn bid for Anadarko Petroleum means for the companies and the US oil and gas industry. Hosted on Acast. See acast.com/privacy for more information.

4/30/2019 • 8 minutes, 52 seconds

FT News Briefing - Winamp (1374)

Monday, April 29

Spain’s socialist party has won big in the country’s third general election in four years, US and UK airlines are bracing for a profit hit in the wake of the grounding of Boeing’s 737 Max jet and Deutsche Bank chairman Paul Achleitner says the investment bank doesn’t need a fundamental strategic overhaul. Plus, the FT’s Mark Vandevelde talks about his latest profile of Colony Capital chief executive Tom Barrack and the real estate investor’s performance record. Hosted on Acast. See acast.com/privacy for more information.

4/29/2019 • 7 minutes, 5 seconds

FT News Briefing - Winamp (1375)

Friday, April 26

Uber lowers the price range at which it will pitch shares to investors, Amazon wants to cut shipping times to one day for its Prime members and the collapse of merger talks puts Deutsche Bank and Commerzbank in uncomfortable positions. Plus, the FT’s Ian Mount explains why a polarised Spain could face months of coalition talks following a general election this weekend. Hosted on Acast. See acast.com/privacy for more information.

4/26/2019 • 7 minutes, 48 seconds

FT News Briefing - Winamp (1376)

Thursday, April 25

Electric car company Tesla reveals that it plunged back into the red after a $702m net loss this quarter, Facebook sets aside $3bn for what would be the largest civil fine ever imposed by the Federal Trade Commission and Amazon looks to international markets as it tries to continue to grow. Plus, the FT’s banking editor in London, David Crow, explains why European banks are bracing for more pain. Hosted on Acast. See acast.com/privacy for more information.

4/25/2019 • 9 minutes, 8 seconds

FT News Briefing - Winamp (1377)

Wednesday, April 24

The S&P 500 and Nasdaq Composite set new records, Twitter chief executive Jack Dorsey meets with US president Donald Trump and European industrial chief Carl-Henric Svanberg pledges to bring back jobs from China. Plus, the FT’s Kadhim Shubber explains why Democrats are split when it comes to the possibility of impeaching the president. Hosted on Acast. See acast.com/privacy for more information.

4/24/2019 • 9 minutes, 14 seconds

FT News Briefing - Winamp (1378)

Tuesday, April 23

Democrats order Don McGahn, the former White House counsel, to appear before Congress, Elon Musk says Tesla will produce driverless taxis by 2020, Barclays is expected to cut bonuses for its investment bankers and Theresa May resumes cross-party negotiations on Brexit after the Easter break. Plus, the FT’s Ed Crooks explains the US decision to end sanctions waivers on Iranian oil imports. Hosted on Acast. See acast.com/privacy for more information.

4/23/2019 • 10 minutes, 27 seconds

FT News Briefing - Winamp (1379)

Monday, April 22

Comedian Volodymyr Zelensky is set to become Ukraine’s next president, London climate protesters demand to talk with mayor Sadiq Khan, and China delays the roll out of a controversial measure that would restrict foreign companies from taking certain data out of the country. Plus, FT reporter Adam Samson explains why Turkey’s currency  has come under such scrutiny lately. Hosted on Acast. See acast.com/privacy for more information.

4/22/2019 • 7 minutes, 57 seconds

FT News Briefing - Winamp (1380)

Thursday, April 18

Huawei promises a $600 5G smart phone, Pinterest and Zoom price shares in their initial public offerings ahead of market debuts on Thursday and Uber’s self-driving car unit eyes a $7.3bn valuation. Plus, US soyabean exports to China rise for the first time in nine months. The FT’s Gregory  Meyer explains what that means for trade between the two countries. Hosted on Acast. See acast.com/privacy for more information.

4/18/2019 • 7 minutes, 10 seconds

FT News Briefing - Winamp (1381)

Wednesday, April 17

Apple and chipmaker Qualcomm sign a peace deal to end all litigation between the two companies, Netflix’s subscriber outlook disappoints and Boeing faces an investor backlash. Plus, the FT’s Richard Henderson tells us why BlackRock chief executive Larry Fink says markets are poised for a ‘melt-up’. Hosted on Acast. See acast.com/privacy for more information.

4/17/2019 • 8 minutes, 58 seconds

FT News Briefing - Winamp (1382)

Tuesday, April 16

Notre-Dame cathedral in Paris is ravaged by fire, an environmental activist protest brings London to a standstill, Goldman Sachs delays an eagerly anticipated strategic update as its core businesses struggle and new analysis reveals a widening pay gap between US chief executives and their employees. Plus, the FT’s media correspondent Anna Nicolaou explains how Netflix is changing the way TV production is paid for. Hosted on Acast. See acast.com/privacy for more information.

4/16/2019 • 9 minutes, 3 seconds

FT News Briefing - Winamp (1383)

Monday, April 15

Germany's telecoms regulator says Huawei can stay in the 5G network race, the European Central Bank faces stimulus pressure over a falling inflation outlook and the FT reports that Purdue Pharma, the makers of Oxycontin, tried to buy Reckitt Benckiser's addiction treatment business. Plus, the FT's Camilla Hodgson sets up the $30bn legal battle between Apple and Qualcomm that will play out in a San Diego court on Monday. Hosted on Acast. See acast.com/privacy for more information.

4/15/2019 • 7 minutes, 49 seconds

FT News Briefing - Winamp (1384)

Friday, April 12

The US sets out its case against WikiLeaks founder Julian Assange, Uber reveals its pitch to investors ahead of its highly anticipated initial public offering and Brussels paves the way for the start of trade talks with Washington. Plus, Wall Street banks will report their first-quarter results over the next week. The FT’s Rob Armstrong explains what investors will be looking out for. Hosted on Acast. See acast.com/privacy for more information.

4/12/2019 • 6 minutes, 39 seconds

FT News Briefing - Winamp (1385)

Thursday, April 11

Brexit’s date has been moved to the end of October, Lyft shares hit a new low as Uber’s IPO looms and the Federal Reserve puts markets on notice. Plus, the FT’s South Asia bureau chief Amy Kazmin explains what is at stake in India’s general election, which kicks off today. Hosted on Acast. See acast.com/privacy for more information.

4/11/2019 • 9 minutes, 38 seconds

FT News Briefing - Winamp (1386)

Wednesday, April 10

Prime Minister Theresa May heads to Brussels to ask fellow European leaders for an extension on Britain leaving the EU, the FT reports that AT&T has had talks about selling HBO Europe to pay down its $170bn debt load and shares in Levi Strauss jump after the denim maker reports its first quarterly earnings results in more than three decades. Plus, the FT’s Shannon Bond talks about the hurdles Uber is facing as it prepares its highly-anticipated initial public offering. Hosted on Acast. See acast.com/privacy for more information.

4/10/2019 • 8 minutes, 7 seconds

FT News Briefing - Winamp (1387)

Tuesday, April 9

A proposal by the Federal Reserve could force large foreign banks in the US to hold more liquid assets, Novartis CEO Vas Narasimhan says the Swiss drugmaker is limiting its spending on takeovers and the scrapbooking website Pinterest files to go public with the intention of raising $1.3bn from investors. Plus, we talk to the FT’s Israel correspondent Mehul Srivastiva about today’s parliamentary elections. Hosted on Acast. See acast.com/privacy for more information.

4/9/2019 • 7 minutes, 33 seconds

FT News Briefing - Winamp (1388)

Monday, April 8

Warren Buffett, the largest shareholder at Wells Fargo, calls on the US bank to look outside Wall Street for a new chief executive, Saudi Aramco attracts nearly $30 billion for an upcoming international bond sale and Kirstjen Nielsen, the US secretary of homeland security, resigns from her post. Plus, the FT’s political editor George Parker talks about the upcoming week in British politics ahead of the EU's emergency Brexit summit. Hosted on Acast. See acast.com/privacy for more information.

4/8/2019 • 8 minutes, 28 seconds

FT News Briefing - Winamp (1389)

Friday, April 5

Talks between Prime Minister Theresa May and Labour leader Jeremy Corbyn have slowed ahead of a crucial European Union summit, a federal judge says the Securities and Exchange Commission and Elon Musk, Tesla chief executive, must resolve a Twitter dispute outside of court and the price of oil tops $70 a barrel for the first time since November. Plus, the FT’s James Politi tells us why the US and China have pushed back the timing of a possible trade deal.   Hosted on Acast. See acast.com/privacy for more information.

4/5/2019 • 9 minutes, 1 second

FT News Briefing - Winamp (1390)

Thursday, April 4

Theresa May and Labour leader Jeremy Corbyn kick off negotiations on the future of Brexit, UniCredit prepares a rival multibillion-euro bid to take control of Commerzbank and Facebook user data has been exposed via Amazon cloud computing servers. Hosted on Acast. See acast.com/privacy for more information.

4/4/2019 • 7 minutes, 17 seconds

FT News Briefing - Winamp (1391)

Wednesday, April 3

Theresa May agrees to talk with Labour leader Jeremy Corbyn about a softer Brexit deal. Next, despite pressure from both Democrats and Republicans US drug prices continue to soar. Then, the world’s top energy organisation is under fire for a plan critics are calling “too fossil friendly”.   Hosted on Acast. See acast.com/privacy for more information.

4/3/2019 • 8 minutes, 17 seconds

FT News Briefing - Winamp (1392)

Tuesday, April 2

British MPs have rejected every single proposal to find a way forward for Brexit. So how can the UK break the deadlock? And the long-awaited initial public offering of ride-hailing app Lyft shifts into reverse on only its second day of trading. Hosted on Acast. See acast.com/privacy for more information.

4/2/2019 • 8 minutes, 25 seconds

FT News Briefing - Winamp (1393)

Monday, April 1

With Theresa May's Brexit plan in left in tatters on Friday, the British government spent the weekend trying to find a way out of the impasse. Today, MPs will likely try to take control of the House of Commons agenda again in an attempt to find a majority for a different way of leaving the European Union. We look ahead at the week in Westminster. Hosted on Acast. See acast.com/privacy for more information.

4/1/2019 • 5 minutes, 34 seconds

FT News Briefing - Winamp (1394)

Friday, March 29

Swedbank feels the heat over money laundering accusations, Turkey burns through a third of its foreign currency reserves in an effort to contain the weakness of the lira, and, German businesses brace for no-deal Brexit Hosted on Acast. See acast.com/privacy for more information.

3/29/2019 • 10 minutes, 10 seconds

FT News Briefing - Winamp (1395)

Thursday, March 28

We report on a series of votes in parliament to gauge MPs views on different Brexit scenarios. Another Nordic bank is caught up in a money-laundering scandal.  Plus, Gideon Rachman and colleagues discuss whether Israel's long serving prime minister can overcome corruption allegations and renewed violence from Gaza to win a fifth term in office Hosted on Acast. See acast.com/privacy for more information.

3/28/2019 • 10 minutes, 4 seconds

FT News Briefing - Winamp (1396)

Wednesday, March 27

Renault and Nissan patch up their alliance and plan a further acquisition to bulk up the business, a leading Eurosceptic says he has decided after all to back Theresa May’s deal on Brexit, and we learn more about former Uber chief Travis Kalanick’s new global venture. Plus, why European investors are becoming concerned about rising levels of banker pay. Hosted on Acast. See acast.com/privacy for more information.

3/27/2019 • 8 minutes, 14 seconds

FT News Briefing - Winamp (1397)

Tuesday, March 26

Members of UK Parliament vote to seize control of the Brexit process, Apple brings out Hollywood’s biggest names to unveil a renewed push into digital services and McDonald’s makes another investment in its restaurant technology. Plus, the FT’s motor industry correspondent Peter Campbell explains why Volvo’s chief executive is warning about self-driving cars. Hosted on Acast. See acast.com/privacy for more information.

3/26/2019 • 9 minutes, 10 seconds

FT News Briefing - Winamp (1398)

Monday, March 25

Theresa May fends off a challenge to her leadership ahead of a high-stakes week for Brexit, Robert Mueller’s report on Russian meddling in the 2016 election finds no collusion and Uber is expected to sign a $3.1bn deal for a Dubai-rival. Plus, the FT’s global technology correspondent Tim Bradshaw explains what to expect from Apple’s big bet on television. Hosted on Acast. See acast.com/privacy for more information.

3/25/2019 • 9 minutes, 37 seconds

FT News Briefing - Winamp (1399)

Friday, March 22

EU leaders give Theresa May a short Brexit extension, Spotify enters high-stakes licensing talks with music rights owners and US stocks get a boost from the technology sector. Plus, the FT’s Robin Wigglesworth reports from the floor of the New York Stock Exchange as the American jeans maker Levi Strauss goes public. Hosted on Acast. See acast.com/privacy for more information.

3/22/2019 • 8 minutes, 53 seconds

FT News Briefing - Winamp (1400)

Thursday, March 21

UK Prime Minister Theresa May makes a big gamble that risks a no-deal Brexit, the Federal Reserve signals it will hold rates steady all year as economic growth slows, Levi Strauss returns to the stock market with a $6.6bn valuation and retailer Williams Sonoma delivers an unusually rosy outlook for the year.  Hosted on Acast. See acast.com/privacy for more information.

3/21/2019 • 10 minutes, 33 seconds

FT News Briefing - Winamp (1401)

Wednesday, March 20

EU leaders tell the UK government there are no guarantees Brexit can be delayed, Google overhauls how it displays certain search results in Europe to avoid more trouble, another round of US-China trade talks are scheduled for next week in Beijing and FedEx shows the effects of a weakening global economy. Plus, the FT’s Kadhim Shubber explains the latest in the fight between Tesla chief executive Elon Musk and the US Securities and Exchange Commission.    Hosted on Acast. See acast.com/privacy for more information.

3/20/2019 • 9 minutes, 41 seconds

FT News Briefing - Winamp (1402)

Tuesday, March 19

The Speaker of the House of Commons delivers a fresh blow to Prime Minister Theresa May's Brexit deal hopes, the $43bn Worldpay deal piles pressure on rivals for more tie-ups and US farmers are being cut out of the Japanese market. Plus, the FT's Shannon Bond explains how ride-hailing company Lyft plans to pitch investors before its upcoming IPO.  Hosted on Acast. See acast.com/privacy for more information.

3/19/2019 • 9 minutes, 4 seconds

FT News Briefing - Winamp (1403)

Monday, March 18

UK Prime Minister Theresa May pins Brexit deal hopes on last-minute talks with the Democratic Unionist Party, French President Emmanuel Macron is under renewed pressure after looters smashed scores of shops and set fire to a restaurant in Paris and adverse weather and deadly bacteria cause Italian olive oil prices to surge. Plus, the FT’s Olaf Storbeck explains the merger talks between Deutsche Bank and Commerzbank. Hosted on Acast. See acast.com/privacy for more information.

3/18/2019 • 9 minutes, 53 seconds

FT News Briefing - Winamp (1404)

Friday, March 15

Two top Facebook executives are set to leave the social network, Google faces yet another fine from Brussels and the US Senate votes to block President Donald Trump’s declaration of an emergency at the Mexican border. Plus, the FT's editorial director and UK political commentator Robert Shrimsley will wrap up this big week in Brexit, and tell us what to expect in the coming weeks. Hosted on Acast. See acast.com/privacy for more information.

3/15/2019 • 9 minutes, 26 seconds

FT News Briefing - Winamp (1405)

Thursday, March 14

British MPs have to decide on a way forward on Brexit, the US bows to international pressure on the safety of the Boeing 737 Max plane and former Trump campaign chair Paul Manafort faces indictments in New York that could forestall a presidential pardon on his federal sentence. Plus, the FT’s Brussel's reporter Rochelle Toplensky explains why Spotify filed an antitrust complaint against Apple. Hosted on Acast. See acast.com/privacy for more information.

3/14/2019 • 9 minutes, 13 seconds

FT News Briefing - Winamp (1406)

Wednesday, March 13

Prime Minister Theresa May's latest Brexit deal fails in parliament, Royal Dutch Shell says it’s aiming to become the largest electricity company in the world by the 2030s and the FBI charges prominent financiers and celebrities for using cash bribes to bypass the admissions process at prominent American colleges. Plus, the FT’s Anjli Raval explains how BP lobbied against US methane rules despite its green public stance. Hosted on Acast. See acast.com/privacy for more information.

3/13/2019 • 10 minutes, 28 seconds

FT News Briefing - Winamp (1407)

Tuesday, March 12

UK Prime Minister Theresa May secures a revised Brexit deal ahead of a crucial Commons vote, easyJet is stockpiling parts for its aircraft in Europe in case of a no-deal Brexit, US executives and officials threaten to stay away from Russia’s economic forum and US President Donald Trump’s proposed budget sets up another potential government shutdown. Plus, the FT’s Patti Waldmeir explains what two recent 737 Max 8 aircraft crashes mean for Boeing. Hosted on Acast. See acast.com/privacy for more information.

3/12/2019 • 9 minutes, 55 seconds

FT News Briefing - Winamp (1408)

Monday, March 11

The Bank of England tightens liquidity buffers before Brexit, top UBS executives accuse the bank of using maternity leave as a reason for cutting women's bonuses and Renault, Nissan and Mitsubishi plan to establish a new leadership structure for their alliance. Plus, the FT’s George Parker explains what to expect this week on Brexit. Hosted on Acast. See acast.com/privacy for more information.

3/11/2019 • 9 minutes, 7 seconds

FT News Briefing - Winamp (1409)

Friday, March 8

Donald Trump’s former campaign manager Paul Manafort is sentenced to nearly 4 years in prison, Airbus all but rules out paying back millions in outstanding loans for development of the A380 superjumbo, Facebook’s pivots to privacy raises questions about its business model and a new report shows the gender wealth gap could take two centuries to close. Plus, the FT’s Richard Waters explains how the business software apps many of us use every day are helping tech stocks make a comeback. Hosted on Acast. See acast.com/privacy for more information.

3/8/2019 • 10 minutes, 8 seconds

FT News Briefing - Winamp (1410)

Thursday, March 7

New research shows China’s economy is 12 per cent smaller than official figures say it is, US financial regulators move to relax Obama-era financial rules and wealthy investors looking to settle in the UK will face stricter regulations if they want a so-called golden visa. Then the FT’s Aime Williams explains the scandal plaguing Canadian prime minister Justin Trudeau.   Hosted on Acast. See acast.com/privacy for more information.

3/7/2019 • 8 minutes, 10 seconds

FT News Briefing - Winamp (1411)

Wednesday, March 6

Italy prepares to sign on to China’s contentious Belt and Road Initiative, JPMorgan Chase says it will no longer provide banking services to private prisons and former New York City mayor Michael Bloomberg decides not to run for US president in 2020. Plus, the FT’s Kiran Stacey deciphers the move by Chinese tech company Huawei to sue the US government. Hosted on Acast. See acast.com/privacy for more information.

3/6/2019 • 8 minutes, 22 seconds

FT News Briefing - Winamp (1412)

Tuesday, March 5

Cloud software giant Salesforce issues a disappointing earnings forecast for the current quarter, French President Emmanuel Macron calls for a new European 'renaissance' and the UK’s department for international trade cancels its regular meetings with business leaders after media leaks. Plus, the FT’s Aliya Ram explains new research that shows two-fifths of Europe’s artificial intelligence start-ups don’t actually use any artificial intelligence programs in their products. Hosted on Acast. See acast.com/privacy for more information.

3/5/2019 • 7 minutes, 57 seconds

FT News Briefing - Winamp (1413)

Monday, March 4

The US discusses emergency aid for Venezuela if Nicolas Maduro’s regime falls, Huawei chief financial officer Meng Wanzhou sues Canadian border officers over her arrest and the head of the US oil refinery trade group attacks the idea of a carbon tax. Plus, the FT’s Mehul Srivastava explains the accusations of bribery against Israeli Prime Minister Benjamin Netanyahu - and what affect his possible indictment might have on Israel’s upcoming election. Hosted on Acast. See acast.com/privacy for more information.

3/4/2019 • 10 minutes, 2 seconds

FT News Briefing - Winamp (1414)

Friday, March 1

Tesla chief executive Elon Musk announces a price cut to $35,000 for the Model 3, retailer Gap reveals plans to split itself in two, HBO’s Richard Plepler quits in the wake of the AT&T takeover, and Israel’s attorney general intends to indict prime minister Benjamin Netanyahu on corruption charges. Then the FT’s Hannah Kuchler tells us about the US biotech startup that’s raising money for research into ending genetic diseases. Hosted on Acast. See acast.com/privacy for more information.

3/1/2019 • 8 minutes, 21 seconds

FT News Briefing - Winamp (1415)

Thursday, February 28

The world’s largest sovereign wealth fund cuts its €1bn stake in Volkswagen almost in half, the UK Labour party formally comes out in favour of a second Brexit referendum and Russian hackers step up their campaign to disrupt the EU’s next elections. Plus, the FT’s Kadhim Shubber explains the biggest takeaways from the testimony of US President Donald Trump’s former lawyer, Michael Cohen. Hosted on Acast. See acast.com/privacy for more information.

2/28/2019 • 9 minutes, 34 seconds

FT News Briefing - Winamp (1416)

Wednesday, February 27

The FT uncovers that several Chinese officials committed plagiarism in their university theses, WW - the company formerly known as Weight Watchers - reports a drop in subscribers and profit forecasts and JPMorgan Chase president Daniel Pinto warns of a fall in trading revenue. Plus, the FT’s Sam Fleming explains the big takeaways from Federal Reserve Chairman Jay Powell’s testimony before the US Congress. Hosted on Acast. See acast.com/privacy for more information.

2/27/2019 • 9 minutes, 30 seconds

FT News Briefing - Winamp (1417)

Tuesday, February 26

The UK’s opposition leader Jeremy Corbyn opens the door to a new referendum on Brexit, US vice-president Mike Pence travels to Latin America to support opposition leader Juan Guaidó and Tesla chief Elon Musk lands in legal trouble again after tweeting potentially-market moving information. Plus, the FT’s Anna Nicolaou explains what this year’s Academy Awards signal about broader business trends in the film industry. Hosted on Acast. See acast.com/privacy for more information.

2/26/2019 • 9 minutes, 20 seconds

FT News Briefing - Winamp (1418)

Monday, February 25

US President Donald Trump delays the increase in tariffs on imported Chinese goods, UK Prime Minister Theresa May delays her Brexit deal vote in Parliament and ExxonMobil tries to prevent an investor proposal that would set targets for the company’s greenhouse gas emissions. Plus, the FT’s Gideon Long brings us the latest from the Venezuelan/Colombian border. Hosted on Acast. See acast.com/privacy for more information.

2/25/2019 • 9 minutes, 29 seconds

FT News Briefing - Winamp (1419)

Friday, February 22

Eurosceptic MPs warn they’ll try to end the UK government if Prime Minister Theresa May delays Brexit, Kraft Heinz shares dive after the food group reveals an SEC subpoena over its accounting policies and the Big Four accounting firms’ stranglehold over major car companies is under threat. Plus, the FT’s Sam Fleming explains how Federal Reserve policymakers are rethinking their economic strategy.   Hosted on Acast. See acast.com/privacy for more information.

2/22/2019 • 8 minutes, 50 seconds

FT News Briefing - Winamp (1420)

Thursday, February 21

Food giant Kraft Heinz is looking to gobble up its competitors, Volkswagen chief executive Herbert Diess says US tariffs are the biggest worry for the industry and the Federal Reserve minutes of its latest meeting reassure investors. Plus, the FT’s Nathalie Thomas explains why environmentalists and energy businesses are confused by the UK government’s approach to hydrofracking. Hosted on Acast. See acast.com/privacy for more information.

2/21/2019 • 9 minutes, 16 seconds

FT News Briefing - Winamp (1421)

Wednesday, February 20

A former North Korean diplomat gives US President Donald Trump a warning, the consulting firm McKinsey reaches a $15m settlement over allegations of conflicts of interest and Prime Minister Theresa May once again heads to Brussels to try to rescue her Brexit plan. Plus, the FT’s Jude Webber explains why the Mexican fight against drug cartels is far from over. Hosted on Acast. See acast.com/privacy for more information.

2/20/2019 • 8 minutes, 25 seconds

FT News Briefing - Winamp (1422)

Tuesday, February 19

US President Donald Trump threatens the Venezuelan military over its support for Nicolas Maduro, more splits among pro-EU politicians over Brexit and property developers play the Chinese market by buying up the debts of their rivals. Plus, the FT’s Emiko Terazono explains why fears of climate change may soon bring more regulations to the agricultural sector. Hosted on Acast. See acast.com/privacy for more information.

2/19/2019 • 8 minutes, 55 seconds

FT News Briefing - Winamp (1423)

Monday, February 18

The US push to ban Chinese company Huawei from allies' telecoms networks is dealt a blow by British intelligence conclusions, UK MPs propose a regulator to police content on social media sites and tensions grow between Berlin and London over a key Saudi defense contract. Plus, the FT's Michael Peel explains the big takeaways from this weekend's Munich Security conference.  Hosted on Acast. See acast.com/privacy for more information.

2/18/2019 • 8 minutes, 42 seconds

FT News Briefing - Winamp (1424)

Friday, February 15

The US government will be funded, but the president plans to declare a national emergency in order to build his wall along the US-Mexico border, US chipmaker Nvidia provides a better than expected outlook despite slower China demand and Prime Minister Theresa May suffers yet another defeat on her Brexit plans in the House of Commons. Plus, as Amazon announces it won't build its second headquarters in New York City, the FT's Lindsay Fortado, a Queens resident, takes us to the neighbourhood to hear how the locals feel about the decision. Hosted on Acast. See acast.com/privacy for more information.

2/15/2019 • 8 minutes, 22 seconds

FT News Briefing - Winamp (1425)

Thursday, February 14

Top shareholders in Deutsche Bank demand deeper cuts to its US investment bank arm, Delta and EasyJet join forces with Italy’s state-backed railway company to bid for Alitalia and Airbus is set to announce the end of an era for the world’s largest passenger jet. Plus, the FT’s Victor Mallet explains the flare in tensions between the French and Japanese nationalists in the Renault and Nissan car alliance after Carlos Ghosn’s arrest. Hosted on Acast. See acast.com/privacy for more information.

2/14/2019 • 8 minutes, 40 seconds

FT News Briefing - Winamp (1426)

Wednesday, February 13

Chief Brexit negotiator Olly Robbins has suggested that Theresa May is bluffing over Britain's EU exit, Donald Trump opens the door to extending trade talks with China and more than 7m Americans are now 90 days behind on their car payments. Plus, the FT’s Madhumita Murgia explains what researchers are doing to try to mitigate the bias in data and computer algorithms. Hosted on Acast. See acast.com/privacy for more information.

2/13/2019 • 9 minutes, 43 seconds

FT News Briefing - Winamp (1427)

Tuesday, February 12

Virgin looks to expand in the US, Theresa May is expected to ask MPs for more time to overhaul her Brexit deal and Merck releases trial data showing its drug Keytruda can help cut patients' risk of dying from kidney cancer in half. Plus, the FT's Ian Mount tells us what to expect as the Spanish Supreme Court trial of 12 Catalan separatists begins today in Madrid.  Hosted on Acast. See acast.com/privacy for more information.

2/12/2019 • 7 minutes, 59 seconds

FT News Briefing - Winamp (1428)

Monday, February 11

The IMF's new chief economist backs the Fed on interest rates, Japanese business takes a hit from the Chinese slowdown and trade disputes and US companies sound the alarm over mounting Brexit risks. Plus, the FT's Madhumita Murgia explains how an investigation into Facebook's data collection might change how big tech companies are regulated around the world. Hosted on Acast. See acast.com/privacy for more information.

2/11/2019 • 8 minutes, 30 seconds

FT News Briefing - Winamp (1429)

Friday, February 8

US legislators move forward with a bill to prosecute Opec member countries for fixing oil prices, US President Trump rules out another meeting with Chinese President Xi before tariffs are set to increase in March and Amazon chief executive Jeff Bezos accuses National Enquirer-owner American Media of extortion. Plus, the FT's Chris Giles explains why the Bank of England is the latest central bank to make a dovish U-turn. Hosted on Acast. See acast.com/privacy for more information.

2/8/2019 • 9 minutes, 49 seconds

FT News Briefing - Winamp (1430)

Thursday, February 7

The British government admits it cannot guarantee trade deals between the UK and other non-EU countries will be ready before Brexit, two more executives leave Facebook's PR team and Middle Eastern investors retreat from western property deals. Plus, the FT's James Politi gives us the background on US President Donald Trump's nominee for World Bank president, David Malpass. Hosted on Acast. See acast.com/privacy for more information.

2/7/2019 • 8 minutes, 1 second

FT News Briefing - Winamp (1431)

Wednesday, February 6

Snap stems its user declines and claws back losses, Apple gets a new boss for its retail stores and the US becomes the biggest supplier of oil to the UK for the first time since the Suez crisis. Plus, the FT’s Gregory Meyer explains how US soyabean farmers have been caught in the middle of the trade war with China, and what grain processor Archer Daniels Midland predicts for the year ahead.  Hosted on Acast. See acast.com/privacy for more information.

2/6/2019 • 9 minutes, 50 seconds

FT News Briefing - Winamp (1432)

Tuesday, February 5

Alphabet spending spree spooks investors, Theresa May heads to Belfast to find a solution for the Irish backstop and a new study finds that some venture capitalists lose out by ignoring women. Plus, the FT's Robin Wigglesworth takes us through investing legend Bill Gross's career, after news that Mr Gross would retire from Janus Henderson.  Hosted on Acast. See acast.com/privacy for more information.

2/5/2019 • 8 minutes, 58 seconds

FT News Briefing - Winamp (1433)

Monday, February 4

Prime Minister Theresa May says she is still committed to renegotiating her Brexit deal, delivery company Hermes strikes a deal with a trade union in what could be the first of its kind in the gig economy and US first quarter earnings are set for their first decline in three years. Plus, the FT's Miles Johnson explains the trouble facing Italy's economy. Hosted on Acast. See acast.com/privacy for more information.

2/4/2019 • 7 minutes, 35 seconds

FT News Briefing - Winamp (1434)

Friday, February 1

Amazon delivers record profits but sees a slower growth ahead, US-China trade talks wrap up without a solid deal and new research from the UK's Low Pay Commission shows that a raise in the minimum wage hasn't resulted in the widespread adoption of automation some had expected. Plus, the FT's Ed Crooks explains how GE is making its way out of crisis mode. Hosted on Acast. See acast.com/privacy for more information.

2/1/2019 • 8 minutes, 58 seconds

FT News Briefing - Winamp (1435)

Thursday, January 31

Tesla loses its finance chief and issues a warning for the coming year, Facebook beats forecasts for revenue and earnings and cosmetics group Avon faces another round of lay-offs. Plus, the FT's Michael Mackenzie explains the big takeaways from the Federal Reserve's first policy-setting meeting of 2019. Hosted on Acast. See acast.com/privacy for more information.

1/31/2019 • 7 minutes, 38 seconds

FT News Briefing - Winamp (1436)

Wednesday, January 30

Parliament votes to send Theresa May's Brexit deal back to Brussels, Apple tries to strike an upbeat tone despite the continued fall in iPhone sales while luxury goods group LVMH is not feeling the pain from the Chinese slowdown just yet. Plus, the FT's Andres Schipani takes us to Brazil, where a recent dam collapse at an iron ore mining facility has killed at least 84 people. Hosted on Acast. See acast.com/privacy for more information.

1/30/2019 • 10 minutes, 17 seconds

FT News Briefing - Winamp (1437)

Tuesday, January 29

New signs that China's flagging economy is taking its toll on global business, the US unveils criminal charges against Huawei and Theresa May bids to amend the so-called Irish backstop in her Brexit deal. Plus, the FT's Tim Bradshaw tells us what to look for as Apple releases its latest results today. Hosted on Acast. See acast.com/privacy for more information.

1/29/2019 • 8 minutes, 44 seconds

FT News Briefing - Winamp (1438)

Monday, January 28

The US lifts sanctions on the businesses once controlled by Russian oligarch Oleg Deripaska, Beijing's envoy to the EU accuses the countries of discrimination against Huawei and Venezuelan opposition leader Juan Guaidó urges Theresa May not to send money to President Nicolás Maduro. Plus, the FT's Laura Pitel on how Turkey is allowing people to essentially buy citizenship in an attempt to right the economy. Hosted on Acast. See acast.com/privacy for more information.

1/28/2019 • 8 minutes, 22 seconds

FT News Briefing - Winamp (1439)

Friday, January 25

Intel falls victim to weakening demand for iPhones, Starbucks doubles down with new coffee shop openings in China and George Soros gives a searing speech in Davos attacking Chinese President Xi Jinping. Plus, the FT's Chris Giles takes us along on his ride with a truck driver through the Eurotunnel to see exactly how Brexit might affect trade. Hosted on Acast. See acast.com/privacy for more information.

1/25/2019 • 9 minutes, 28 seconds

FT News Briefing - Winamp (1440)

Thursday, January 24

China blocks Microsoft's Bing search engine, Ford struggles with the global overhaul of its business and billionaire Ken Griffin purchases the most expensive home ever sold in the US. Plus, the FT's JP Rathbone tells us why world leaders are not recognising Nicolas Maduro as the legitimate president of Venezuela.  Hosted on Acast. See acast.com/privacy for more information.

1/24/2019 • 7 minutes, 22 seconds

FT News Briefing - Winamp (1441)

Wednesday, January 23

The Trump administration turns down an offer from China for preparatory trade talks, IBM records annual revenue growth for the first time since 2011 and pressure mounts on Tory Eurosceptics and the Democratic Unionist party to back Theresa May's Brexit deal. Plus, the FT's Lindsay Fortado tells us why two activist hedge funds have taken an interest in eBay. Hosted on Acast. See acast.com/privacy for more information.

1/23/2019 • 7 minutes, 45 seconds

FT News Briefing - Winamp (1442)

Tuesday, January 22

Billionaire hedge fund manager Ken Griffin's vote of confidence in London’s high end property market, a new candidate for the Democratic presidential nomination, China’s slowing growth rate, and what’s happening at the World Economic Forum in Davos this week. Hosted on Acast. See acast.com/privacy for more information.

1/22/2019 • 10 minutes, 28 seconds

FT News Briefing - Winamp (1443)

Monday, January 21

Theresa May is set to address the British parliament less than a week after suffering a historic defeat on her Brexit deal, the US government shutdown heads into a fifth week as US president Donald Trump makes an offer to Democrats and FT reporters crunch the numbers on pay rises at US banks. Plus, why the race to find a successor for Jim Yong Kim at the World Bank might signal a change in direction for the organisation.  Hosted on Acast. See acast.com/privacy for more information.

1/21/2019 • 10 minutes, 38 seconds

FT News Briefing - Winamp (1444)

Friday, January 18

The standoff over the US government shutdown escalates, Paul Manafort's law firm Skadden pays US authorities $4.6m for failing to declare its work on Ukraine, and the latest Netflix results underwhelm investors. Plus, the FT's Robert Wright tells us about the thousands of immigrants in the UK accused of cheating on an English test—and the impact on their lives. Hosted on Acast. See acast.com/privacy for more information.

1/18/2019 • 8 minutes, 55 seconds

FT News Briefing - Winamp (1445)

Thursday, January 17

British Prime Minister Theresa May makes another push at Brexit after again narrowly surviving a vote of no-confidence, US lawmakers warn that Huawei's solar equipment could threaten the entire American electricity grid and the creator of the world's first index mutual fund Jack Bogle has died. Plus, the FT's Laura Noonan and Rob Armstrong on what to take away from US bank earnings reports this week. Hosted on Acast. See acast.com/privacy for more information.

1/17/2019 • 9 minutes, 42 seconds

FT News Briefing - Winamp (1446)

Wednesday, January 16

What's next for Brexit after Theresa May's deal fails in the House of Commons, leading European banker Andrea Orcel will not join Santander Bank as its new boss and Emmanuel Macron begins his nationwide debate. Plus, the FT's Josh Chaffin explains why the US Senate moved to block the Trump administration from lifting sanctions on a Russian oligarch.  Hosted on Acast. See acast.com/privacy for more information.

1/16/2019 • 10 minutes, 52 seconds

FT News Briefing - Winamp (1447)

Tuesday, January 15

Fresh fears of a Chinese slowdown cause a sell-off on Wall Street, the White House says Ivanka Trump will help find the new World Bank president and finally, it looks like today's the day: we'll see whether or not Theresa May's Brexit deal survives in the House of Commons. Plus, the FT's Sujeet Indap on the latest hedge fund deal to buy into local news. Hosted on Acast. See acast.com/privacy for more information.

1/15/2019 • 8 minutes, 33 seconds

FT News Briefing - Winamp (1448)

Monday, January 14

Visa and MasterCard face regulatory roadblocks while trying to do business in China, Emmanuel Macron calls for a national debate to soothe the gilets jaunes protestors and the US government shutdown puts a clamp on Wall Street dealmakers. Then the FT's Jim Pickard lays out the week ahead for Brexit. Hosted on Acast. See acast.com/privacy for more information.

1/14/2019 • 8 minutes, 58 seconds

FT News Briefing - Winamp (1449)

Friday, January 11

Federal Reserve chair Jay Powell warns that the US government shutdown could hurt the economy, Anheuser-Busch InBev returns to the debt markets and French carmaker Renault finds no evidence of wrongdoing in its investigation into Carlos Ghosn so far. Plus, why Ford is set to cut thousands of European jobs.  Hosted on Acast. See acast.com/privacy for more information.

1/11/2019 • 8 minutes, 31 seconds

FT News Briefing - Winamp (1450)

Thursday, January 10

British MPs try to take back control of the Brexit process, Ford and Volkswagen forge a possible new technology alliance and US stocks see their longest winning streak since September. Plus, Sam Fleming explains everything we need to know about the Fed's latest thinking on interest rates. Hosted on Acast. See acast.com/privacy for more information.

1/10/2019 • 8 minutes, 23 seconds

FT News Briefing - Winamp (1451)

Wednesday, January 9

World Bank President Jim Yong Kim is headed to private equity, Theresa May's Brexit deal faces another defeat in the House of Commons, and the EU imposes new sanctions on Iran. Plus, the FT's Jude Webber takes us to the US/Mexico border to look at the reality of the situation there after Donald Trump uses his first address to the nation to declare it a ‘crisis’. Hosted on Acast. See acast.com/privacy for more information.

1/9/2019 • 7 minutes, 26 seconds

FT News Briefing - Winamp (1452)

Tuesday, January 8

SoftBank rolls back the size of its planned investment in WeWork, some hedge funds managed to avoid a tough 2018, and a no-deal Brexit might mean days long waits for trucks at the Port of Dover. Plus, the FT's Robert Armstrong tells us where the next financial crisis might start. Hosted on Acast. See acast.com/privacy for more information.

1/8/2019 • 8 minutes, 2 seconds

FT News Briefing - Winamp (1453)

Monday, January 7

Theresa May battles to convince critics of her Brexit deal, Trump tries to sell Democrats a "border barrier" as the US government shutdown heads into its third week and China approves $125bn of rail projects to counteract a slowdown in its economy. Plus, the FT's world trade editor James Politi tells us what we can expect as the US and China begin trade talks today. Hosted on Acast. See acast.com/privacy for more information.

1/7/2019 • 8 minutes, 18 seconds

FT News Briefing - Winamp (1454)

Friday, January 4

Traders expect the Federal Reserve to pause future rate rises, Bristol-Myers Squibb's $90bn takeover of Celgene signals a big year for pharma M&A and agricultural researchers discover a genetic breakthrough in crop growth. Then, why EU officials are looking to toughen scrutiny of potential security risks with Chinese technology companies.  Hosted on Acast. See acast.com/privacy for more information.

1/4/2019 • 9 minutes, 7 seconds

FT News Briefing - Winamp (1455)

Thursday, January 3

Apple cuts sales forecast on China weakness, Tesla shares tumble as car deliveries disappoint and hackers steal documents relating to the September 11 terror attacks. Then, we'll take a look at one year into the EU's Mifid II market transparency rules.   Hosted on Acast. See acast.com/privacy for more information.

1/3/2019 • 9 minutes, 2 seconds

FT News Briefing - Winamp (1456)

Wednesday, January 2

Democrats hatch a plan to end the US government shutdown, Jair Bolsonaro is sworn in as president of Brazil and UK business leaders fear a deteriorating British economy. Then, how a new crop of money-saving apps and services could disrupt some traditional asset managers.  Hosted on Acast. See acast.com/privacy for more information.

1/2/2019 • 9 minutes

FT News Briefing - Winamp (1457)

Tuesday, January 1

What's next for Goldman Sachs, Uber's plans to go public and the future of SoftBank's Vision Fund. FT companies editor Tom Braithwaite takes us through three of the big stories he'll be following in 2019. Hosted on Acast. See acast.com/privacy for more information.

1/1/2019 • 7 minutes, 54 seconds

FT News Briefing - Winamp (1458)

Monday, December 31

The past year has been a bruising and unpredictable one for investors. The FT's Nicole Bullock looks back at the highs and the lows of 2018 in markets.  Hosted on Acast. See acast.com/privacy for more information.

12/31/2018 • 13 minutes, 17 seconds

FT News Briefing - Winamp (1459)

Friday, December 21

The S&P 500 is on course for its worst December since 1931, the military is called in to deal with chaos at London's Gatwick airport and Malaysia targets Goldman Sachs for reparations over the 1MDB scandal. Plus, the FT's Aime Williams explains why the US is pulling troops out of Syria—and how that move has caused disarray in the Trump administration. Hosted on Acast. See acast.com/privacy for more information.

12/21/2018 • 10 minutes, 52 seconds

FT News Briefing - Winamp (1460)

Thursday, December 20

US regulator takes Facebook to court, Altria set to take a stake in ecigarette company Juul Labs, and AB InBev forms a tie-up to bring cannabis-infused drinks to market. Then, the FT's Mike Mackenzie explains the decision from the Federal Reserve that sent US equities falling on Wednesday afternoon. Hosted on Acast. See acast.com/privacy for more information.

12/20/2018 • 8 minutes, 21 seconds

FT News Briefing - Winamp (1461)

Wednesday, December 19

FedEx cuts back its full year outlook, Citi faces a loss of up to $180m on an Asian hedge fund trade and oil prices slide on supply and global growth concerns. Then, the FT's Eric Platt explains why market volatility is worrying credit investors.  Hosted on Acast. See acast.com/privacy for more information.

12/19/2018 • 8 minutes, 29 seconds

FT News Briefing - Winamp (1462)

Tuesday, December 18

CBS denies former chief executive Les Moonves a $120m payout, US stocks sink deeper into correction territory and Theresa May undergoes another test of confidence. Plus, the FT's Emily Feng takes us to China, where evidence is mounting of forced labour in its detention camps. Hosted on Acast. See acast.com/privacy for more information.

12/18/2018 • 9 minutes, 56 seconds

FT News Briefing - Winamp (1463)

Monday, December 17

Renault asks Nissan to hold an extraordinary general meeting, Qatar pledges to make substantial international investments and investors pressure ExxonMobil to keep emissions down. Plus, the FT's Laura Noonan tells us why investment bank bonuses look like they may be lower this year. Hosted on Acast. See acast.com/privacy for more information.

12/17/2018 • 8 minutes, 33 seconds

FT News Briefing - Winamp (1464)

Friday, December 14

UK Prime Minister Theresa May attempts to save her Brexit deal, Wall Street has another wobbly day and the US Senate votes over Yemen in defiance of senior Trump administration officials. Plus, Leslie Hook takes us to Poland, where ministers from around the world are scrambling to reach a climate agreement before annual talks end this weekend.   Hosted on Acast. See acast.com/privacy for more information.

12/14/2018 • 8 minutes, 34 seconds

FT News Briefing - Winamp (1465)

Thursday, December 13

UK Prime Minister Theresa May survives a vote of no confidence, Wall Street equities rise on optimism of US-China trade relations and Tencent Music Entertainment debuts on the New York Stock Exchange. Then, what to expect from Mario Draghi when the European Central Bank governing council meets today. Hosted on Acast. See acast.com/privacy for more information.

12/13/2018 • 9 minutes, 38 seconds

FT News Briefing - Winamp (1466)

Wednesday, December 12

A choppy day of trading on Wall Street, new threats to Theresa May's premiership and fresh disclosures from EY and PwC over workplace bullying and sexual harassment. Then, the FT's Richard Waters brings us up to speed on the attempt to extradite Huawei's chief financial officer, Meng Wanzhou. Hosted on Acast. See acast.com/privacy for more information.

12/12/2018 • 10 minutes, 1 second

FT News Briefing - Winamp (1467)

Tuesday, December 11

Wall Street recovers after an ugly start to trading on Monday, what is at stake for Theresa May and Brexit after the UK prime minister postpones a key parliamentary vote and KPMG discloses how many UK partners have left after bullying and sexual harassment. Plus, the FT's Harriet Agnew takes us to France, where President Emmanuel Macron responds to weeks of protests against his leadership.   Hosted on Acast. See acast.com/privacy for more information.

12/11/2018 • 8 minutes, 21 seconds

FT News Briefing - Winamp (1468)

Monday, December 10

Huawei’s Meng reportedly seeks bail by citing health fears, Deloitte opens up about sexual harassment and Brexit faces an uncertain but monumental week. Plus, what to expect if Prime Minister Theresa May's Brexit deal fails in parliament. Hosted on Acast. See acast.com/privacy for more information.

12/10/2018 • 7 minutes, 43 seconds

FT News Briefing - Winamp (1469)

Friday, December 7

Global financial markets have a turbulent day, the arrest of Huawei's finance chief causes an international fallout and Theresa May's Brexit deal has a bad week. Plus, the EU's options if the UK prime minister's deal fails in parliament.    Hosted on Acast. See acast.com/privacy for more information.

12/7/2018 • 10 minutes, 2 seconds

FT News Briefing - Winamp (1470)

Thursday, December 6

Huawei's finance chief is arrested in Canada, Britain's top 100 public companies are likely to miss a government-backed diversity target, and Takeda shareholders back its £46bn takeover of Shire. Plus, on the 40th anniversary of the Spanish constitution's ratification, why so many want to change it.  Hosted on Acast. See acast.com/privacy for more information.

12/6/2018 • 8 minutes, 43 seconds

FT News Briefing - Winamp (1471)

Wednesday, December 5

Wall Street tumbles on trade and growth fears, Thomson Reuters to cut 3,200 jobs and the world's largest container shipping company pledges to cut net carbon emissions to zero. Plus, the FT's Henry Mance walks us through a dramatic day in the UK parliament.   Hosted on Acast. See acast.com/privacy for more information.

12/5/2018 • 10 minutes, 25 seconds

FT News Briefing - Winamp (1472)

Tuesday, December 4

Brussels plans for a 'stronger international role' for the single currency in the face of Trump policies, London's Crossrail project seeks a third bailout for the year and a new report says a group of hackers called the London Blue is targeting chief financial officers. Plus, why Qatar is leaving Opec, and what it means for the oil price cartel. Hosted on Acast. See acast.com/privacy for more information.

12/4/2018 • 8 minutes, 22 seconds

FT News Briefing - Winamp (1473)

Monday, December 3

Shell sets targets to decrease its carbon footprint, Nexstar clinches an agreement to buy Tribune Media and the prospects for Britain's manufacturers dim amid uncertainty over Brexit and the global economy. Plus, the FT's James Politi takes us to Buenos Aires, where US President Donald Trump and Chinese President Xi Jinping reached a fragile truce in the US-China trade war on Saturday. Hosted on Acast. See acast.com/privacy for more information.

12/3/2018 • 8 minutes, 23 seconds

FT News Briefing - Winamp (1474)

Friday, November 30

The Fed is on pace to raise rates in December, why Twitter shares are down, and Michael Cohen pleads guilty in deal with special prosecutor Robert Mueller. Plus, the FT's Olaf Storbeck reports from Frankfurt, where Deutsche Bank's offices were raided by government officials on Thursday morning.  Hosted on Acast. See acast.com/privacy for more information.

11/30/2018 • 8 minutes, 51 seconds

FT News Briefing - Winamp (1475)

Thursday, November 29

Turmoil at Deutsche Bank, US concerns over Huawei 5G technology and what Fed chair Jay Powell said on Wednesday to ease investor worries. Plus, the FT's Peter Campbell takes a look at the health of the car industry.  Hosted on Acast. See acast.com/privacy for more information.

11/29/2018 • 8 minutes, 41 seconds

FT News Briefing - Winamp (1476)

Wednesday, November 28

The EU is set to release an ambitious new climate change road map, Microsoft briefly overtakes Apple as the most valuable company in the world and GlaxoSmithKline nears a deal to sell its nutrition business to Unilever. Plus, what to watch for as leaders from 20 of the most powerful countries in the world meet for a dramatic G20 summit in Buenos Aires on Friday. Hosted on Acast. See acast.com/privacy for more information.

11/28/2018 • 7 minutes, 19 seconds

FT News Briefing - Winamp (1477)

Tuesday, November 27

United Technologies reveals a plan to split into three, Donald Trump puts pressure on Theresa May's Brexit deal, GM plans to shut down seven plants worldwide and Nasa lands a spacecraft on Mars. Plus, the FT's Jude Webber takes us to the US-Mexico border, where US troops are firing tear gas at a group of asylum-seeking migrants. Hosted on Acast. See acast.com/privacy for more information.

11/27/2018 • 7 minutes, 40 seconds

FT News Briefing - Winamp (1478)

Monday, November 26

Prime Minister Theresa May begins a campaign to sell the Brexit deal, new questions emerge about Goldman Sachs and 1MDB and Russia and Ukraine face off at a Crimea maritime checkpoint. Plus, why protests have broken out across Paris. Hosted on Acast. See acast.com/privacy for more information.

11/26/2018 • 8 minutes, 15 seconds

FT News Briefing - Winamp (1479)

Friday, November 23

What's in the draft Brexit declaration agreed between Theresa May and Jean-Claude Juncker, the fallout from Italian fashion house Dolce & Gabbana's cultural blunder in China, a diplomatic rift between Britain and the UAE and introducing the FT’s annual seasonal appeal. Hosted on Acast. See acast.com/privacy for more information.

11/23/2018 • 9 minutes, 41 seconds

FT News Briefing - Winamp (1480)

Thursday, November 22

Theresa May and Jean-Claude Juncker finalise Britain's exit package from the EU, US retailers’ hopes for a Thanksgiving weekend bonanza and a potential weakening of the G7 line on protectionism. Plus, the highest paid executive you've probably never heard of. Hosted on Acast. See acast.com/privacy for more information.

11/22/2018 • 8 minutes, 21 seconds

FT News Briefing - Winamp (1481)

Wednesday, November 21

The S&P 500 loses its gains for the year, Donald Trump defends Saudi Arabia's Mohammed bin Salman, and Danske Bank faces more fallout over their €200bn money laundering scandal. Plus, we take a look at the future of the global car alliance between Nissan, Renault and Mitsubishi following the arrest of Carlos Ghosn. Hosted on Acast. See acast.com/privacy for more information.

11/21/2018 • 7 minutes, 48 seconds

FT News Briefing - Winamp (1482)

Tuesday, November 20

France has new demands that could slow Brexit talks, Nissan's chairman is arrested and Apple and semiconductor companies lead a sell-off in US trading. Plus, Anjli Raval, the FT's senior energy correspondent, explains what is behind the latest swing down in oil prices. Hosted on Acast. See acast.com/privacy for more information.

11/20/2018 • 9 minutes, 4 seconds

FT News Briefing - Winamp (1483)

Monday, November 19

Tim Cook talks about regulating big tech, tensions between the US and China heat up and Prime Minister Theresa May faces an uncertain path forward on a Brexit deal. Plus, the FT's Michael Peel tells us why critics say some countries are using Interpol for political purposes. Hosted on Acast. See acast.com/privacy for more information.

11/19/2018 • 9 minutes, 31 seconds

FT News Briefing - Winamp (1484)

Friday, November 16

UK Prime Minister Theresa May's government is in chaos, Facebook denies its knowledge of a smear campaign, and wildfires continue to devastate California. Plus, Katrina Manson takes us to a base in the US where scientists are working to develop technology that will completely transform how we fight wars. Hosted on Acast. See acast.com/privacy for more information.

11/16/2018 • 10 minutes, 7 seconds

FT News Briefing - Winamp (1485)

Thursday, November 15

Uber's revenue growth slows, the inventor of American blue jeans returns to Wall Street, and US natural gas supply is short for a cold winter. Plus, the FT's editorial director Robert Shrimsley tells us what we can expect next for Prime Minister Theresa May's Brexit deal. Hosted on Acast. See acast.com/privacy for more information.

11/15/2018 • 8 minutes, 37 seconds

FT News Briefing - Winamp (1486)

Wednesday, November 14

Italy defies the EU spending rules, US crude oil breaks a losing streak record, and German chancellor Angela Merkel calls for the creation of a unified European Army. Plus, the FT's Westminster bureau chief George Parker gives us the latest on a Brexit deal from the halls of the House of Commons. Hosted on Acast. See acast.com/privacy for more information.

11/14/2018 • 8 minutes, 33 seconds

FT News Briefing - Winamp (1487)

Tuesday, November 13

iPhone sales could be reaching a peak, California wildfires are also affecting power companies and insurers, and the Brexit negotiations could be reaching an 'end game'. Plus, FT banking editor Laura Noonan explains how international banks are finally making a move out of the UK to various locations around Europe. Hosted on Acast. See acast.com/privacy for more information.

11/13/2018 • 7 minutes, 41 seconds

FT News Briefing - Winamp (1488)

Monday, November 12

Two of the worlds biggest oil producers are at odds, the clock on a Brexit deal is running out, and Europe considers new regulations on big tech. Plus, why countries are dropping out of a UN pact to give refugees more protections. Hosted on Acast. See acast.com/privacy for more information.

11/12/2018 • 8 minutes, 12 seconds

FT News Briefing - Winamp (1489)

Friday, November 9

The Federal Reserve clears the way for a US rate rise next month, European IPOs hit a rough patch and Poland overturns a ban on a nationalist march. Plus, US and Chinese security officials meet today in Washington — we'll tell you what to expect.  Hosted on Acast. See acast.com/privacy for more information.

11/9/2018 • 8 minutes, 7 seconds

FT News Briefing - Winamp (1490)

Thursday, November 8

Chipmaker Qualcomm warns investors that slower Chinese demand and a feud with Apple over its chips will weigh on the December quarter results, the EU calls for regulators to investigate data brokers and Goldman Sachs promotes its most diverse class of partners. Plus, why the investigation into US President Donald Trump's 2016 presidential campaign's ties to Russia might be in danger. Hosted on Acast. See acast.com/privacy for more information.

11/8/2018 • 7 minutes, 23 seconds

FT News Briefing - Winamp (1491)

Wednesday, November 7

Democrats take control of the House of Representatives, Republicans clinch a number of closely-watched seats and investors focus on what is next on trade. Plus, Lionel Barber on what the new balance of power in Washington means for the rest of Donald Trump's first term. Hosted on Acast. See acast.com/privacy for more information.

11/7/2018 • 9 minutes, 17 seconds

FT News Briefing - Winamp (1492)

Tuesday, November 6

Theresa May set to warn pro-Brexit ministers time is running out for a deal with the EU, private equity groups scale back their UK investments and Apple and Amazon shares take a hit. Plus, as Americans go to the polls, the FT's Patti Waldmeir takes us to the Midwest to see what Donald Trump supporters have on their minds. Hosted on Acast. See acast.com/privacy for more information.

11/6/2018 • 9 minutes, 16 seconds

FT News Briefing - Winamp (1493)

Monday, November 5

Europe prepares for new US sanctions on Iran, UK prime minister Theresa May promises "frictionless" trade with the EU and one of the US's largest financial technology firms, Credit Karma, makes a move overseas. Plus, we'll take you to Kansas City, where voters are preparing to vote for or against President Donald Trump — even though his name won't be on any ballot. Hosted on Acast. See acast.com/privacy for more information.

11/5/2018 • 8 minutes, 49 seconds

FT News Briefing - Winamp (1494)

Friday, November 2

What sent Apple's shares down on Thursday, the Bank of England warns on a no-deal Brexit and Donald Trump's threat to migrants headed for the US border. Plus, we go to San Francisco to hear from workers who walked out in protest of Google's handling of harassment and discrimination.  Hosted on Acast. See acast.com/privacy for more information.

11/2/2018 • 8 minutes, 20 seconds

FT News Briefing - Winamp (1495)

Thursday, November 1

Global stocks rebound after their worst month since 2012, a possible Brexit deal on the way and why London is banning polluting cars on one of its streets. Plus, the trouble at General Electric - and the company's plans to turn things around.  Hosted on Acast. See acast.com/privacy for more information.

11/1/2018 • 8 minutes, 17 seconds

FT News Briefing - Winamp (1496)

Wednesday, October 31

The US indicts 10 Chinese intelligence officers for espionage, the UK’s plans to let business leaders become diplomats and how Asia's new coal plants will knock global emissions targets off course. Plus, what we learnt from Facebook’s third-quarter results. Hosted on Acast. See acast.com/privacy for more information.

10/31/2018 • 7 minutes, 53 seconds

FT News Briefing - Winamp (1497)

Tuesday, October 30

Wall Street takes a wild ride on trade and tech fears, why the US is sending 5,200 troops to its border with Mexico and understanding the UK's proposed 'digital services tax'. Plus, the end of the Merkel era, and what to expect from Facebook’s third quarter earnings. Hosted on Acast. See acast.com/privacy for more information.

10/30/2018 • 8 minutes, 28 seconds

FT News Briefing - Winamp (1498)

Monday, October 29

New allegations of illegal employment practices in Apple’s supply chain, what state election results from Hesse, Germany could mean for Angela Merkel's coalition government and IBM's $34bn takeover of open-source software pioneer Red Hat. Plus, what to expect from the UK Budget. Hosted on Acast. See acast.com/privacy for more information.

10/29/2018 • 8 minutes, 33 seconds

FT News Briefing - Winamp (1499)

Friday, October 26

Disappointing growth projections from Amazon and Snap, the unmasking of a billionaire retailer accused of harassment and how the White House is responding to a group of migrants headed for the US border. Plus, ahead of Brazil’s second round of voting on Sunday, we take a look at the expected presidential winner—and why some fear he might mean the end of Brazilian democracy. Hosted on Acast. See acast.com/privacy for more information.

10/26/2018 • 9 minutes, 24 seconds

FT News Briefing - Winamp (1500)

Thursday, October 25

The Nasdaq has its worst day since 2011, better-than-expected results from Ford and Tesla and why the US is warning the UK not to get into the nuclear power business with China. Plus, we’ll take you to the scene outside CNN’s New York offices after the discovery of a live explosive device. Hosted on Acast. See acast.com/privacy for more information.

10/25/2018 • 7 minutes, 12 seconds

FT News Briefing - Winamp (1501)

Wednesday, October 24

Trump to meet Putin next month in Paris, US and Turkish presidents take aim at Saudi Arabia over the killing of Jamal Khashoggi and why earnings at US industrial groups might be of concern to some central bankers. Plus, what to expect from Tesla's third-quarter results. Hosted on Acast. See acast.com/privacy for more information.

10/24/2018 • 7 minutes, 50 seconds

FT News Briefing - Winamp (1502)

Tuesday, October 23

An unexpected windfall for the UK budget, HSBC’s step back into US lending and what is causing some investors to tread cautiously. Plus, how many mobile apps are sending your personal data to other companies. Hosted on Acast. See acast.com/privacy for more information.

10/23/2018 • 8 minutes, 11 seconds

FT News Briefing - Winamp (1503)

Monday, October 22

Moscow attacks President Trump's nuclear treaty decision, a tie-up to create one of the world’s largest auto components makers and Riyadh's battle to salvage the crown prince’s summit. Plus, what next for Italy's budget. Hosted on Acast. See acast.com/privacy for more information.

10/22/2018 • 8 minutes, 5 seconds

FT News Briefing - Winamp (1504)

Friday, October 19

Tougher talk from the US on Saudi Arabia, Uber’s move from drivers to waiters and why Wall Street traded lower on Thursday. Plus, a report from day two of the EU summit. Hosted on Acast. See acast.com/privacy for more information.

10/19/2018 • 7 minutes, 16 seconds

FT News Briefing - Winamp (1505)

Thursday, October 18

The latest from the EU summit in Brussels, how the Federal Reserve is defying President Donald Trump and why some worry the US president is letting Saudi Arabia off the hook. Plus, a look at Europe's shadow population. Hosted on Acast. See acast.com/privacy for more information.

10/18/2018 • 7 minutes, 42 seconds

FT News Briefing - Winamp (1506)

Wednesday, October 17

A potential extension for the Brexit transition period, upbeat Netflix earnings, how Uber is preparing for an IPO and just how big the market for cannabis will be in Canada. Plus, what BlackRock earnings tell us about the health of global markets. Hosted on Acast. See acast.com/privacy for more information.

10/17/2018 • 7 minutes, 22 seconds

FT News Briefing - Winamp (1507)

Tuesday, October 16

The US response to Riyadh, Italy’s bold budget plans and Theresa May’s day of wrangling before heading to Brussels. Plus, what investors will be watching for when Netflix releases third quarter results later today. Hosted on Acast. See acast.com/privacy for more information.

10/16/2018 • 7 minutes, 2 seconds

FT News Briefing - Winamp (1508)

Monday, October 15

Another bump on the road to Brexit, why Angela Merkel’s grand coalition may be in trouble and why a $20bn drug market is up for grabs. Plus, Jamie Dimon pulls out of Saudi Arabia's "Davos in the Desert" over missing journalist. Hosted on Acast. See acast.com/privacy for more information.

10/15/2018 • 8 minutes, 33 seconds

FT News Briefing - Winamp (1509)

Coming soon

A daily rundown of the global business news you need to know for the coming day. FT News Briefing starts Monday, October 15.  Hosted on Acast. See acast.com/privacy for more information.

10/12/2018 • 1 minute, 22 seconds

FT News Briefing - Winamp (2024)
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