Tesla shares leapt 22% after Elon Musk predicted an electric vehicle sales rebound, and Russia’s pitch for a US dollar alternative failed to excite Brics leaders. Plus, a major change to the open source technology model could be coming. Mentioned in this podcast: Tesla shares leap 22% after Elon Musk predicts sales rebound Vladimir Putin’s alternative to ‘weaponised’ dollar fails to excite Brics partners The bill is coming for tech’s open source free lunch The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Boeing’s machinists voted on Wednesday to reject the company’s latest offer and the US has finalised long-awaited ‘open banking’ rules, hoping it will inject more competition into the market. Plus, Deutsche Bank reported a record third-quarter profit and artificial intelligence start-up Anthropic has built a virtual agent that can perform tasks on a computer.Mentioned in this podcast:Striking Boeing machinists reject offer as stand-off nears 6 weeksUS rolls out ‘open banking’ rules to make sharing financial data easier Open banking challenges America’s cozy lenders’ club Deutsche Bank warns of rising bad loan provisions Anthropic says latest AI model can control users’ computers The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Deloitte has cut about 250 UK employees and HSBC’s chief executive has announced an overhaul of the bank. The IMF has warned global protectionism will endanger the world’s growth outlook, as a possible Donald Trump victory in the US election raises the prospect of tariff increases. Plus, South Korea has called on Russia to stop the deployment of North Korean troops to fight in Ukraine.Mentioned in this podcast:Deloitte axes 250 UK employees in performance-related cull HSBC chief Georges Elhedery unveils sweeping overhaul of lenderTariff surge would damage global growth, IMF warnsSouth Korea asks Russia to stop apparent North Korean troop deployment Go to ft.com/briefingsale for 50% off a digital standard subscriptionThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Share buybacks on mainland China’s biggest exchanges have soared to a record high this year, and Israel has attacked an Hizbollah-affiliated financial institution in Lebanon. Plus, Disney has appointed former Morgan Stanley boss James Gorman as its new chair, and a trip to America’s third-biggest shopping mall offers answers to what’s really going on in the US election. Mentioned in this podcast:Israel strikes Hizbollah-linked lender in LebanonDisney sets new timetable to replace Bob Iger as chiefFour economic truths that explain the US’s bizarre electionChinese share buybacks hit record high as Beijing steps up supportChanel dips oar into sport with Oxford-Cambridge boat race tie-upThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Trading in the world’s second-largest IPO of 2024 begins on Tuesday, but retail investors have given a lukewarm reception to Hyundai Motor India’s listing. A coalition of oil-producing African countries is seeking $5bn to fund projects on the continent, and Boeing’s largest labour union will vote on Wednesday whether to end a costly strike. Uber has explored a possible bid for Expedia, in what would be the company’s largest acquisition. Plus, Elon Musk pledges to pay $1mn per day to random registered voters who sign his petition. Mentioned in this podcast:Boeing workers to vote on ending strike in critical week for plane maker Uber explored takeover bid for Expedia African countries seek $5bn for new fossil fuel project lenderIndian investors give short shrift to Asia’s biggest IPO of 2024Elon Musk criticised for offering $1mn prizes to voters who sign petition The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The 2020 US election was one of the most contested in American history, and it culminated in an unprecedented attack on the US Capitol building by supporters of Donald Trump. FT data journalist Eva Xiao and US legal correspondent Joe Miller join this week’s Swamp Notes podcast to explain how Trump and his allies are preparing to challenge the 2024 vote, and what election officials around the country are doing to prepare.Mentioned in this podcast:How Trump allies are sowing election doubts‘There are bad actors’: Trump’s nemesis fights to protect Georgia’s voteAmerica’s dead-heat Trump-Harris electionSign 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.

Israel says it has killed Yahya Sinwar, Hamas’s leader and the architect behind the October 7 2023 attacks. Mixed quarterly earnings from chipmakers send tech stocks yo-yoing, and the European Central Bank has cut interest rates by a quarter-point, amid signs that growth and inflation are weakening. Plus, South Africa’s Government of National Unity works to resolve tensions as it passes its 100-day milestone. Mentioned in this podcast:Hamas leader Yahya Sinwar killed in Gaza, Israel says ASML shares drop sharply after warning on semiconductor recoveryNvidia shares hit record as US ‘soft landing’ hopes drive tech rebound TSMC profits jump 54% on back of AI chip boom  ECB lowers rates to 3.25%Optimism builds on South Africa’s ‘second miracle’ coalitionThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Rights groups say Israel appears to be implementing a controversial plan to force Hamas into submission by laying siege to the north of Gaza. BHP’s chief executive met government officials in South Africa last week, fuelling speculation that the miner will resurrect its failed bid for rival Anglo American. Plus, the downfall of once-hyped genetic testing company 23andMe, and Prada launches in to spacesuit design. Mentioned in this podcast:More than 100 killed in Nigeria fuel tanker explosion Israel ‘starting to implement’ north Gaza starvation plan, say rights groups BHP chief sparks fresh Anglo bid speculation after South Africa trip  Founder Anne Wojcicki races to rescue 23andMePrada launches into spacesuit design  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Shares in ASML led a tech rout on Nasdaq on Tuesday after the chipmaker warned of a slower recovery in the semiconductor market, and Goldman Sachs’ quarterly profits jumped 45 per cent to $3bn, boosted by its equity trading business. Asian battery makers are racing to develop new generations of superfast charging for electric vehicles, and a growing list of cash-strapped companies are deferring loan repayments to private credit funds.Mentioned in this podcast:ASML shares drop sharply after warning on semiconductor recovery Corporate debts mount as credit funds let borrowers defer payments Battery makers aim to ease EV anxieties with 5-minute chargeGoldman Sachs profits jump 45% to $3bn after trading boostCitigroup and BofA join other big US banks in beating gloomy forecastsThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

OpenAI is considering a largely untested company model to protect chief executive Sam Altman from outside interference, and virtually all global insurers now include at least one low-carbon transition goal within their investment plans. Millions of dollars in bets are being placed on the US presidential election following the lifting of a domestic betting ban last week. Plus, China’s deflationary pressures picked up in September with weaker than expected consumer and factory prices, and the 2024 Nobel Prize for economics has been awarded to a trio of academics for their work on global inequality. Mentioned in this podcast:OpenAI pursues public benefit structure to fend off hostile takeovers China deflation pressure mounts as investors seek more stimulus for economyUS election bets surge after court lifts ban Trio of economists wins Nobel Prize for work on wealth of nations  Rethinking the AI boom, with Daron Acemoğlu Insurers embrace climate change investments as catastrophe costs mountThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Russia has expanded the capacity of its shadow fleet of oil tankers despite western sanctions, and US bank stocks hit their highest level since before the collapse of Silicon Valley Bank on Friday, following better than expected quarterly earnings. Plus, the Eurozone’s weak economic growth and sluggish consumer prices have raised concerns about low inflation, and Argentina’s president Javier Milei is not ready to lift the country’s currency controls.Mentioned in this podcast:Russia’s shadow fleet grows despite western crackdown US bank stocks pass pre-SVB high on hopes for economic ‘soft landing’ Spectre of low inflation returns to haunt Eurozone policymakers Argentina’s Javier Milei says his ‘regime of freedom’ not ready to drop currency controlsMusk’s SpaceX catches returning booster rocket in technical milestone The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Both chambers of the US Congress are like the country they represent: narrowly divided. But while Democrats currently hold a one-seat Senate majority, Republicans are increasingly confident that they’ll take back control of the chamber after the election next month. The FT’s Washington bureau chief, James Politi, and the Cook Political Report’s Senate and Governors editor, Jessica Taylor, join this week’s Swamp Notes to explain why this year’s Congressional map looks so good for Republicans. Mentioned in this podcast:Joe Manchin will not seek US Senate re-election in blow to DemocratsDonald 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The French government has proposed a budget for next year with some €60bn worth of spending cuts and tax increases, and Hurricane Milton ploughed across Florida on Wednesday. US inflation fell to 2.4 per cent in September. Plus, we look ahead to Japan’s early elections later this month. Mentioned in this podcast:French PM unveils shock therapy in 2025 budgetUS inflation fell to 2.4% in SeptemberHurricane Milton leaves millions without power after lashing FloridaJapan’s new prime minister pledges to tackle deflation in first policy speechSpanish star Rafael Nadal calls time on glittering tennis careerCREDIT: BBCThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

HSBC’s top-paid bankers to bear the brunt of cost-cutting restructuring, and the UK Conservative party leadership race has been whittled down to two rightwingers. Plus, Germany’s economy is expected to shrink, and the US government is considering seeking the break-up of Google to end its monopoly in search. Mentioned in this podcast:US weighs Google break-up in landmark antitrust caseJenrick vs Badenoch: Meet the next Conservative leader Germany expects economy to shrink in 2024 after cutting forecast Expensive senior bankers to bear brunt of HSBC restructuring  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The head of KPMG US says the industry urgently needs to make it easier to become an accountant, and the EU is suing Hungary’s government over a new security law it says is in breach of citizens’ fundamental rights. Plus, India races to extract as much oil as possible while there remains a market for crude. Mentioned in this podcast:KPMG US head says the industry urgently needs to make it easier to become an accountant  India in rush to boost oil production before energy transition EU sues Hungary over new security law  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Big bank bosses join a growing list of prominent financiers expected to skip COP29 next month, and Spain proposes a new mechanism to help harmonise the EU’s capital and credit markets. Plus, activist investor Starboard Value has built a $1bn position in struggling drugmaker Pfizer, and tens of thousands of striking machinists are threatening Boeing’s recovery. Mentioned in this podcast:“You only go to the party if everyone is going”: finance bosses shun COP29 Spain to propose mini-coalitions to break EU capital markets stalemateActivist investor Starboard builds $1bn stake in drugmaker Pfizer   ‘They’re just mad’: Boeing strikers prepare for long haulThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A new report forecasts that Donald Trump would raise the US debt by twice as much as Kamala Harris, and Elon Musk’s SpaceX is quietly opening up a new front in a global battle over a scarce and precious resource: radio spectrum. Plus, US partners at accounting firm EY have been told their pay for 2024 will be deferred, and a year after the October 7 attacks, international criticism of the Gaza war has led many Israelis to retreat inwards. Mentioned in this podcast:Donald Trump would raise the US debt by twice as much as Kamala Harris, report finds EY to hold back some pay from US partners after tough year The year that changed Israel   The satellite spectrum battle that could shape the new space economyThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Biden administration has tried and failed to contain fighting in the Middle East over the past year - and now, the conflict is close to spiralling into all-out war. The FT’s US foreign affairs and defence correspondent Felicia Schwartz and US political news editor Derek Brower join this week’s Swamp Notes to explain what Kamala Harris and Donald Trump are telling voters they’ll do to end the conflict.  Mentioned in this podcast:Israel and Iran have just delivered the US election’s ‘October surprise’Benjamin Netanyahu’s ‘rope-a-dope’ war strategy with White HouseOil surges after Joe Biden’s comments on Israeli retaliationSign 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: USA Today Hosted on Acast. See acast.com/privacy for more information.

A strike that closed US east and Gulf coast ports will be suspended, and market reaction to escalations in the Middle East remains minimal. Plus, Italy’s government will raise more taxes from companies earning windfall profits, and luxury group LVMH will become a top sponsor of car-racing franchise Formula One.Mentioned in this podcast:US dockworkers suspend strike that threatened to cripple portsItaly seeks to raise more windfall taxes from companies The market reaction to global tensions might not follow the old scriptLVMH strikes sponsorship deal with Formula 1 Go to ft.com/briefingsale for 50% off a digital standard subscriptionCredit: CNBC, LVMHThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK house sales rise at the fastest rate in three years, mass displacement in Lebanon risks overwhelming a country battered by economic crises, and Brussels intends to postpone a controversial EU anti-deforestation law for a year following a backlash. Plus, two-thirds of all new solar and wind power projects are based in China. Mentioned in this podcast:UK house sales rise at fastest pace in three years, data shows China’s accelerating green transitionEU moves to delay anti-deforestation rules Lebanon’s broken state struggles with 1mn displaced  50% off an FT standard annual digital subscription: ft.com/briefingsaleThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Iran fires missiles at Israel, hours after the IDF launches a ground offensive in Lebanon. France’s new Prime Minister Michel Barnier announced tax rises on large companies and the wealthy, and US business groups warned of economic ‘paralysis’ after tens of thousands of dockworkers went on strike. Plus, investors are seeking to profit from the uncertainty over the outcome of the US presidential race. Mentioned in this podcast:Iran launches missile attack against Israel French premier Michel Barnier announces tax rises and spending cuts US economy faces ‘paralysis’ before election as dockworkers go on strike Investors turn to volatility trades to profit from tight US election Until 24th October, save up to 50% on a standard annual digital subscription at ft.com/briefingsale The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is 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.

SoftBank will invest $500mn into OpenAI as part of a fundraising round that will give the start-up a $150bn valuation, and Chinese equities post their best day since the 2008 global financial crisis. Plus, new data suggests artificial intelligence start-ups are bringing in revenues at an unprecedented rate, and South Korean exporters are struggling to compete with a glut of goods from Chinese rivals. Mentioned in this podcast:SoftBank to invest $500mn in OpenAI AI start-ups generate money faster than past hyped tech companiesChinese stocks surge 8.5% in best day since 2008 From steel to kimchi, South Korean exporters face flood of Chinese rivalsGo to ft.com/briefingsale for 50% off a digital standard subscriptionThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In the wake of Hassan Nasrallah’s death, Hizbollah looks for a way forward, and French far-right leader Marine Le Pen goes on trial for allegedly embezzling EU funds. Peter Thiel’s venture capital firm is backing a nuclear start-up aimed at fueling artificial intelligence, and a handful of high frequency trading firms have seized market share from traditional investment banks. Mentioned in this podcast:What's next for Hizbollah?  Marine Le Pen goes on trial over EU expenses scandal Peter Thiel’s Founders Fund backs nuclear fuel start-up New titans of Wall Street: How trading firms stole a march on big banks Go to ft.com/briefingsale for 50% off a digital standard subscriptionThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Voters consistently tell pollsters that economic issues are their top electoral concern. Kamala Harris and Donald Trump have spent the past few weeks honing their economic messages — and they couldn’t be more different. The FT’s US managing editor, Peter Spiegel, and Washington bureau chief, James Politi, join to explore how each candidates’ plan would impact the country.Mentioned in this podcast:Trumponomics: the radical plan that would reshape America’s economyKamala Harris sets out pro-business economic philosophy in swing-state speechSign up for the FT’s Swamp Notes newsletter hereSign up for our free, pop-up newsletter The Best of Lunch with the FT, running until November 17Swamp 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: MSNBC, Fox News Hosted on Acast. See acast.com/privacy for more information.

UK chancellor Rachel Reeves may backtrack on a key tax plan, Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude, and Citigroup announced a $25bn deal with Apollo to lend to private equity groups and low-rated US companies. Plus, Palestinian villagers in the West Bank are experiencing heightened violence after Hamas’s devastating October 7 assault on Israel.Mentioned in this podcast:UK chancellor ready to water down planned tax raid on wealthy foreignersSaudi Arabia ready to abandon $100 crude target to take back market shareCiti turns to Apollo for $25bn private credit pushHow extremist settlers in the West Bank became the lawThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

OpenAI’s chief technology officer is leaving the company, major banks pledge to increase their support for nuclear energy, and hopes of an M&A comeback rise as global companies pursue blockbuster takeovers. Plus, a surge in female labour force participation emerges as a bright spot for Saudi Arabia. Mentioned in this podcast:OpenAI’s chief technology officer Mira Murati to leave  Big corporate predators bolster global M&A market  The Saudi factories powered by women World’s biggest banks pledge support for nuclear power The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Department of Justice has filed an antitrust lawsuit against Visa, China has unleashed a swath of stimulus measures to jump-start growth and the incoming CEO at Trafigura signals a new era for the trading house. Plus, Sri Lanka has a new leftwing president who has promised a fresh start for the country.Mentioned in this podcast:US antitrust lawsuit accuses Visa of using dominance to shut down rivals China unleashes stimulus blitz to lift growthTrafigura set to name Richard Holtum as chief executive Sri Lanka swears in leftist election winner as president amid concerns over IMF deal The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US proposed effectively banning Chinese cars, German Chancellor Olaf Scholz came out against a UniCredit takeover of Commerzbank and Israel carried out hundreds of airstrikes in Lebanon. Plus, UK Prime Minister Keir Starmer will try to turn around the Labour party’s mood during a speech at the party conference. Mentioned in this podcast:US proposes banning Chinese software and components in vehicles Israeli strikes kill more than 490 in Lebanon, says health ministry Olaf Scholz says Germany opposes a Commerzbank takeover Keir Starmer faces 2 challenges in Liverpool The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Olaf Scholz’s SPD narrowly fends off the AfD in Brandenburg’s state election, and chipmaker Qualcomm approaches Intel about a potential takeover. AI search engine Perplexity mounts an ambitious effort to break Google’s stranglehold over the $300bn digital ads industry. Plus, a strike at three dozen US ports could upend supply chains and raise prices just weeks before Election Day.Mentioned in this podcast:Germany’s SPD leads far right in Brandenburg election Perplexity in talks with top brands on ads model as it challenges Google Qualcomm approached Intel about takeover bid in recent days The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Republican presidential nominee Donald Trump and his running mate senator JD Vance have spent the past few weeks pushing a false claim that Haitian migrants in Springfield, Ohio are eating residents’ pets. The FT’s US national editor, Ed Luce, and New York correspondent, Joshua Chaffin, join this week’s Swamp Notes to discuss why misinformation is a powerful electoral strategy and whether the truth matters to voters. Mentioned in this podcast:‘It’s ugly’: Donald Trump’s Haitian pet-eating claim fractures Ohio cityTrump, Vance and American blood and soilSign 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: ABC News, CNNRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The S&P 500 hit a record high, Europe’s biggest hope for dominance in EV batteries is struggling to hang on and the Bank of England held interest rates steady. Plus, the FT’s Brooke Masters explains why customers are getting fed up with airline loyalty programmes. Mentioned in this podcast:S&P 500 hits new record after Fed makes jumbo cut to US interest rates Europe’s great battery hope Northvolt fights for survivalBank of England holds rates at 5% The fury of the frequent flyer  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

The Federal Reserve’s interest rate easing began with a half-point cut, and the UK’s financial watchdog has stepped up pressure on banks to offer more attractive interest rates on deposits. The FT’s Mehul Srivastava unravels the supply chain behind the pagers that exploded in Lebanon this week. Mentioned in this podcast:Federal Reserve cuts rates by half a point and signals era of easing has begun UK regulator pushes banks to give savers better value even as rates fallFrom Taipei to Budapest: the mysterious trail of exploding pagers London and New York cocoa prices in rare divergence as shortages bite The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

BlackRock and Microsoft are launching a $30bn data centre fund to meet the growing demands of artificial intelligence, and BP puts its onshore US wind business up for sale. Meta is making teenagers’ Instagram accounts private by default and EU competition chief Margrethe Vestager speaks to the FT about her efforts to regulate in Big Tech. Mentioned in this podcast:BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure BP puts $2bn US onshore wind business up for sale Instagram to make teenagers’ profiles private by defaultVestager warns EU against weakening merger rules   The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, 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.

The EU is preparing to provide up to €40bn in new loans for Ukraine by the end of the year, and Boeing is considering temporary furloughs as its machinists continue to strike. The company behind ChatGPT is launching a new product it claims can solve complex mathematical and scientific problems. Plus, former European Central Bank president Mario Draghi launches a master plan to boost EU competitiveness.Mentioned in this podcast:EU plans to raise up to €40bn in loans for Ukraine without US Boeing considers furloughs amid machinist strike OpenAI launches AI models it says are capable of reasoning Will Mario Draghi’s masterplan get the momentum it needs?The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Persis Love, Michela Tindera, Breen Turner, 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.

Both the Federal Reserve and the Bank of England are set to announce interest rate decisions this week. In China, venture capital finance has dried up amid political and economic pressures. Plus, Indonesian palm oil producers warn of global supply chain disruption if the EU bans imported commodities linked to deforestation.Mentioned in this podcast:Jay Powell’s big weekHow China has ‘throttled’ its private sectorIndonesia warns of ‘chaos’ from EU deforestation law  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Persis Love, Breen Turner, 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.

On this week’s special episode of Swamp Notes, four FT journalists discuss the historic first debate between Kamala Harris and Donald Trump, and answer all your most-pressing questions about the US presidential race. The FT’s US managing editor, Peter Spiegel, moderates the discussion alongside deputy Washington bureau chief, Lauren Fedor, global business columnist, Rana Foroohar, and chief foreign affairs columnist, Gideon Rachman. Mentioned in this podcast:Kamala Harris has passed a big testKamala Harris needles Donald Trump in fiery presidential debateSign 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 and the FT Live team. Hosted on Acast. See acast.com/privacy for more information.

Investors snapped up consumer staples such as Coca-Cola and Colgate-Palmolive amid concerns over a potential slowdown in the US economy. Abu Dhabi’s oil company Adnoc could offer €14.4bn for German chemical group Covestro, and the European Central Bank cut interest rates to 3.5 per cent. Plus, people in Los Angeles are encouraged to park their car obsession ahead of the 2028 Olympics, and amateur astronauts completed the first private spacewalk. Investors pile into Coca-Cola and Colgate as recession fears grow Abu Dhabi closes in on German group that helped ‘invent chemistry’ ECB cuts interest rates to 3.5% Can LA end its love affair with cars? Astronauts complete first private spacewalk  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Peter Wells, Persis Love, Michela Tindera, Breen Turner, 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.

The Italian lender UniCredit has amassed a 9 per cent stake in Commerzbank, and US inflation fell to 2.5 per cent in August. Plus, Argentines are declaring hundreds of millions of dollars of previously hidden savings in a tax amnesty and Mexico’s Senate approved a radical plan to have voters elect all its judges. Mentioned in this podcast:US inflation falls to 2.5% in AugustUniCredit’s push for European bank consolidation looks on targetJavier Milei’s tax amnesty lures Argentines to declare hidden millionsMexico’s Senate approves radical plan to elect all judges The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Michela Tindera, Breen Turner, 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.

The EU’s top court orders Apple to pay €13bn in back taxes, and the Federal Reserve halves its proposed capital requirement increase for the largest US banks. Plus, we talk to the FT’s Benjamin Parkin about the Taliban’s warming relations with a growing number of regional powers. Mentioned in this podcast:Top EU court rules Apple must pay €13bn in back taxesFederal Reserve halves proposed capital requirement rise for largest US banks  Taliban’s closer ties with UAE signal global divide over Afghan regimeThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Michela Tindera, Breen Turner, 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.

Apple launches the iPhone 16 with generative AI features, and France’s new PM needs more time to submit the country’s debt plans. Kamala Harris is under pressure to perform in tonight’s debate against Donald Trump. Plus, Intel’s plunging share price and manufacturing troubles shatter its hopes for a turnaround.Mentioned in this podcast:Apple launches iPhone 16 with AI features to roll out in coming months France asks EU for more time to submit debt planKamala Harris faces crucial debate as polls hint at slipping momentumIntel in crisis: chipmaker considers drastic change to catch AI rivals   The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Josh Gabert-Doyon, Michela Tindera, Breen Turner, 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.

Enthusiasm about artificial intelligence masks a recession in the technology sector, and a new exchange traded fund looks specifically for ‘reject’ stocks. Plus, Google heads back to court over fresh antitrust allegations, and Chinese car buyers ditch Tesla for local alternatives.Mentioned in this podcast:AI exuberance masks broad weakness in tech sector, say investors Star manager Rob Arnott launches ETF to buy up index ‘rejects’ Google’s $20bn ad tech business to play for at next antitrust showdown Elon Musk’s China dream stalls as hybrids rush past Tesla The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Josh Gabert-Doyon, Breen Turner, 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.

Democrats and Republicans have taken a protectionist turn on trade policy over the past few years. They say it’s to protect national security, but that argument doesn’t always hold up. Just look at this week’s announcement from vice-president Kamala Harris that she doesn’t support the purchase of US Steel by Japan’s Nippon Steel. The FT’s economics editor, Sam Fleming, and Washington bureau chief, James Politi, join this week’s Swamp Notes to explain why both parties are leaning into “Made in America”.Mentioned in this podcast:How national security has transformed economic policyJoe Biden set to block Nippon Steel’s takeover of US SteelSign up for the FT’s Swamp Notes newsletter hereRegister for our live subscriber webinar now at ft.com/uswebinarSwamp 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.

President Emmanuel Macron has named the EU’s former Brexit negotiator Michel Barnier as France’s next prime minister. Plus, Europe’s sustainable investment funds double down on defence stocks, and Ukraine ​President Volodymyr Zelenskyy carries out his biggest wartime cabinet reshuffle yet.Mentioned in this podcast:Europe’s ESG funds more than double defence holdings amid Ukraine war Michel Barnier promises respect for ‘all political forces’ as French PM Zelenskyy seeks ‘new energy’ with Ukraine’s biggest wartime cabinet reshuffle The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Saffeya Ahmed, Michela Tindera, Breen Turner, 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.

Volkswagen calls for drastic measures to bolster profits, and President Joe Biden wants to block a Japanese company’s acquisition of US Steel. Plus, damning findings about the Grenfell Tower fire surface, and Egypt’s journey from gas bonanza to power blackouts Mentioned in this podcast:Joe Biden set to block Nippon Steel’s takeover of US Steel Volkswagen warns staff it has ‘a year, maybe two’ to adapt to lower demand ‘Incompetence, dishonesty and greed’: Key findings of Grenfell report Egypt’s journey from gas bonanza to power blackouts CREDIT: APThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Breen Turner, 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.

Big tech groups including Nvidia led a broad US stock market sell-off on Tuesday, and Huawei’s AI chips are dealing with some bugs. Plus, US homebuilders are facing their biggest credit crunch in more than a decade, and foreign investors are backing out of Indian equities. Mentioned in this podcast:US homebuilders face credit crunch as banks cut lending Huawei’s bug-ridden software hampers China’s efforts to replace Nvidia in AI Global stocks slide as investors fret over US slowdown Foreign investors pull out of frothy Indian equity market The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Peter Wells, Breen Turner, 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.

The UK blocks some arms shipments to Israel, audit firms are fighting against new oversight rules in the US, and the same technology that brought us Covid-19 vaccines could also be used to fight cancer. Plus, the Oasis revival tour is so popular it triggered a UK investigation into Ticketmaster. Mentioned in this podcast:UK to halt exports of some arms to Israel citing possible law breaches External LinkThe Covid-era tech that could reinvent cancer careAccountancy firms fight back against audit reformsUK government to probe ‘dynamic’ pricing behind Oasis ticket price surgeThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Breen Turner, 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.

Germany's far-right makes significant inroads in state elections, and Israel’s largest union calls for a general strike. Plus, so-called ‘greedlation’ becomes a campaign issue for the Democrats, and Hong Kong wants workers to smile more.Mentioned in this podcast: Alternative for Germany wins its first regional electionHostage deaths build pressure on Netanyahu for Hamas dealGreedflation and groceriesHong Kong service workers told to smile more to attract tourists The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from, Breen Turner, 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.

Kamala Harris and Donald Trump have different approaches to the media: Trump talks a lot, and Harris talks a little. But the candidates share one thing in common: they’re both sceptical of mainstream outlets. The FT’s US managing editor, Peter Spiegel, and Los Angeles bureau chief, Christopher Grimes, join this week’s Swamp Notes to explain why. Mentioned in this podcast:Kamala Harris versus the media‘Way too much news’: US conservatives face a fragmented media mapSign up for the FT’s Swamp Notes newsletter hereRegister for our live subscriber webinar now at ft.com/uswebinarSwamp 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 the original episode on FT.com CREDIT: NBC News Hosted on Acast. See acast.com/privacy for more information.

Turkey’s stock rally hits reverse as juicy interest rates lure savers out of the market, and the FT’s Polina Ivanova explains how Telegram is a lifeline for both Russian and Ukrainian troops and civilians. Plus, Cornell University’s Eswar Prasad says Thailand could open a window into how central bank digital currencies might be used in future.Mentioned in this podcast:Turkey’s blazing stock rally falters with high rates luring savers awayWar unfiltered: how Telegram straddles the Ukraine fron tlineThailand may tell us a great deal about the future of moneyThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Prakriti Panwar, Breen Turner, 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.

Nvidia’s record-breaking earnings still somehow disappointed investors, China’s use of the renminbi in cross-border trading is at a record high, and Berkshire Hathaway becomes the first publicly traded US company outside of tech to be valued at $1tn. Plus, Ford’s big plans to boost profits continue to fall short.Mentioned in this podcast:Nvidia revenue more than doubles as demand for AI chips remains strongChina’s international use of renminbi surges to record highs Warren Buffett’s Berkshire Hathaway surges past $1tn market value Ford shares have stalled: can CEO Jim Farley steer out of its rut? The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

The Japanese operator of 7-Eleven is discussing ways to defend itself against a takeover bid by Canada’s Alimentation Couche-Tard, Chinese export controls on crucial semiconductor materials are starting to hit supply chains, and the fintech company Klarna plans to axe almost half of its staff in favour of artificial intelligence. Plus, Nasa is turning to Elon Musk’s SpaceX after Boeing’s Starliner, which was meant to bring two US astronauts home, suffered technical problems.Mentioned in this podcast:7-Eleven’s Japanese owner explores protected status to thwart foreign bidChina’s export curbs on semiconductor materials stoke chip output fearsKlarna aims to halve workforce with AI-driven gainsHow will Nasa return two US astronauts stranded in space?The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

French authorities detain Telegram’s chief executive as part of a content moderation investigation, which has reignited the debate about free speech online. Plus, oil prices reached a two-week high as Libya says it is shutting down oil production, and Grenada triggers a first-of-its-kind ‘hurricane clause’ to pause its debt repayments.Mentioned in this podcast:Oil hits 2-week high after Libya says it will shut down crude exports Grenada triggers ‘hurricane clause’ to suspend bond paymentsTelegram says detained founder Pavel Durov has ‘nothing to hide’  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

Israel’s military launched a wave of air strikes in southern Lebanon on Sunday, small-dollar donations surged to Kamala Harris’s campaign after she replaced Joe Biden on the Democratic ticket, and the world’s largest aerospace and defence companies are set to rake in record levels of cash over the next three years. Plus, computer programming might be the first job function to be transformed by the latest wave of AI technology.Mentioned in this podcast:Top defence contractors set to rake in record cashIsrael launches strikes in LebanonKamala Harris spends 10 times as much as Trump on digital ad blitzKamala Harris raised four times as much cash as Donald Trump in JulyAI-powered coding pulls in almost $1bn of funding to claim ‘killer app’ statusThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Molly Nugent, Breen Turner, 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.

Democrats from across the US gathered in Chicago for their presidential convention this week, promising to move past the Donald Trump-era of American politics. But if their newly-minted nominee, vice-president Kamala Harris, wins November’s election, she’ll have her work cut out to keep her party together. The FT’s deputy Washington bureau chief, Lauren Fedor, and US political news editor, Derek Brower, join this week’s Swamp Notes from Chicago to explain what the future of the party might look like.Mentioned in this podcast:Five key points from Kamala Harris’s acceptance speechKamala Harris vows to ‘strengthen, not abdicate’ US global leadershipKamala Harris’s underwhelming economic agendaSign 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: PBS NewsHourRegister now for the FT Weekend Festival, and claim £24 off your pass using promo code FTPodcast at: ft.com/festival Hosted on Acast. See acast.com/privacy for more information.

Kamala Harris made a bid for national unity at a rapturous Democratic National Convention. Plus, all eyes are on Jackson Hole today, where the Fed will reveal how it will lower US interest rates without triggering a recession. Meanwhile, investors are hedging their bets on these cuts coming soon, sending gold soaring. Mentioned in this podcast:Kamala Harris pitches unity message as she makes her case to American voters Gold goes for it Gold hits record highs as investors bet on rate cuts Cooling US jobs market looms over central bankers at Jackson HoleThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Ethan Plotkin, Breen Turner, 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.

PwC faces a six-month business ban in China, and Mexico’s Supreme Court judges go on strike. Plus, a potential takeover of 7-Eleven may set the tone for a new era of Japanese acquisitions. Mentioned in this podcast:PwC expects six-month ban in China over Evergrande audit Mexico’s judges to strike over López Obrador’s plan to fire themAfter 7-Eleven, Japan’s M&A scene may never be the same again The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

China’s flagship fund to buy up unsold housing is off to a limp start, and Saudi Arabia’s Public Investment Fund is to prioritise domestic spending. Plus, a growing number of Americans are suffering from tip fatigue. Mentioned in this podcast:China’s landmark property rescue plan limps off the starting line The US tipping system is teeteringSaudi wealth fund brings era of easy money to an endThe FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

The US dollar sinks to its lowest level since the start of the year and Democrats are rushing to defend vice-president Kamala Harris’s economic road map. Plus, rising US-China tensions could threaten a decades-old science and technology pact.Mentioned in this podcast:Dollar hits 8-month low as US stocks start week higher Democrats on defensive after Kamala Harris’s economic plans poorly received China-US tensions erode co-operation on science and techThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Marc Filippino, and Niamh Rowe. Additional help from Breen Turner, 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.

Start-ups, legacy groups and policymakers are working out how to operate in areas of rising weather risks, and start-up failures shot up 60% in the past year. Plus, top international fashion brands are shifting orders away from Bangladesh because of recent political turmoil. Mentioned in this podcast:FT series: the Uninsurable WorldGlobal fashion brands cut Bangladesh orders after turmoilStart-up failures jump by 60% as founders face hangover from boom years The Democratic National Convention hits ChicagoThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Molly Nugent, Andrew Edgecliffe-Johnson, Breen Turner, 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.

Latino voters were once considered a reliable bet for Democrats. But with each passing election, Republicans are making more inroads with them. The FT’s Houston correspondent, Myles McCormick, and Republican political strategist, Mike Madrid, join this week’s Swamp Notes to unpack this shift. Mentioned in this podcast:The Latino swing voters who could decide the US electionSign 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: Harris for PresidentRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A huge US-based oilfield services company is expanding its Russian business, investors are piling into US treasuries, and US retail sales saw their biggest jump in a year and a half in July. Plus, a decade-long dispute between Coca-Cola and federal tax authorities has escalated to the point that the company could owe $16bn in back payments.Mentioned in this podcast:US oil services group SLB expands in Russia as competitors withdraw Investors return to bonds as recession fears stalk marketsStrong US retail sales raise hopes of ‘soft landing’How a $16bn tax stand-off stays unseen in Coca-Cola’s earningsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

Peace talks aimed at ending the war in Gaza start up again today, US inflation fell to 2.9 per cent in July, and Ukrainian forces are looking to hold on to newly-seized Russian territory. Plus, Germany’s chief prosecutor has issued an arrest warrant for a Ukrainian man suspected of blowing up the Nord Stream gas pipelines. Mentioned in this podcast:US inflation falls to 2.9% in JulyUkrainian forces seek to hold Russian positions after capturing hundreds of troopsThe competing theories of the Nord Stream explosionsGermany issues arrest warrant for Ukrainian over Nord Stream gas pipeline attacksUS-Israel talks take on fresh urgency as Middle East on edgeStonehenge rock was shifted 400 miles from Scotland, scientists find`AQThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

US stocks and Treasuries rallied as traders assessed lower than expected wholesale inflation data, and investors hope that abundant electricity in northern Sweden can power a new wave of industrialisation. Meanwhile, the world’s biggest publicly listed coal producer is dropping plans to ditch the commodity. Mentioned in this podcast:US stocks climb as soft inflation data spurs Treasury rallyCan Sweden deliver its much hyped green energy boom?‘Cash is king’: Why Glencore kept faith with coalThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Katie McMurran,Molly Nugent, Breen Turner, 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.

Russia has trained its navy to hit European targets with nuclear-capable missiles, and 40 per cent of the biggest US manufacturing investments announced in the first year of Joe Biden’s flagship industrial and climate policies have been delayed or paused. Plus, we ask the FT’s Tom Hale if there could be a light at the end of the tunnel for China’s economy.Mentioned in this podcast:Russian navy trained to target sites inside Europe with nuclear-capable missilesChina deflation fears ease as consumer prices riseDelays hit 40% of Biden’s major IRA manufacturing projects Life and Art podcast: Why museums should keep their mummies and shrunken headsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

More Americans trust Kamala Harris to handle the US economy than Donald Trump, European traders this summer are using only a fraction of Ukraine’s vast natural gas storage, and boycotts of western food and drinks brands in Muslim countries are hitting the revenues of multinationals. Plus, we look into why mid-tier US accounting firms are under increasing pressure to overhaul their networks. Mentioned in this podcast:Widespread boycotts in Muslim countries hammer western brandsUS accounting firms rethink global networksBosses cut flying day trips as travel settles into permanent ‘new normal’Kamala Harris is more trusted than Donald Trump on the US economyEuropean gas traders shun Ukraine storage after Russian attacksThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Molly Nugent, Siona Jenkins, Breen Turner, 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.

Kamala Harris has supercharged Democratic party voters’ enthusiasm in the weeks since President Joe Biden stepped down as the nominee. Can Tim Walz, a little-known Midwestern governor with an everyman appeal and a progressive agenda, help maintain that excitement as her vice-presidential pick? The FT’s global business columnist, Rana Foroohar, and Washington bureau chief, James Politi, join this week’s Swamp Notes to discuss what Walz adds to the ticket. Mentioned in this podcast:Kamala Harris champions personal freedoms at first rally with Tim WalzWhy Tim Walz was Kamala Harris’s choice for vice-presidentSign 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.

The stock market sell-off earlier this week may have been a bit of an overreaction, and overall consumer spending has been struggling recently. Plus, the FT’s Christopher Miller explains what Ukraine’s surprise counteroffensive in Russia means. Mentioned in this podcast:Everyone calm down  US consumer spending slowdown weighs on travel and leisure groups Battles rage in Russia as Kyiv advances in war’s largest counter-incursion The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Jess Smith, Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Google and Meta struck a secret ads deal to target teenagers, and the FT reports that the UK’s biggest private pension fund dumped £80mn of Israeli assets. Plus, the FT’s Benjamin Parkin updates us on the situation in Bangladesh.Mentioned in this podcast:Google and Meta struck secret ads deal to target teenagers UK’s biggest private pension fund dumps £80mn of Israeli assets How the world’s longest-serving female leader was toppled  The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Wall Street stocks rebounded yesterday as the markets stabilised from a global rout, Disney is raising its streaming prices and Chinese bonds are causing a lot of anxiety for the country’s lawmakers. Plus, the FT’s Sara Germano talks about the effort to make track and field more popular outside the Olympics. Mentioned in this podcast:Wall Street stages partial rebound after Japanese stocks surge Chinese yields hit record lows as investors defy central bank warnings Kamala Harris chooses Tim Walz as running mate in US presidential election Disney to lift streaming prices by as much as 25% in October Can athletics win a big audience outside the Olympics? The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Jess Smith, Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Major stock indices were significantly down around the world yesterday. Plus, the FT’s Lucy Fisher explains why the far right is rioting in England and what the government is doing about it. Mentioned in this podcast:US stocks finish sharply lower to close out global market rout Why global investors find it so easy to sell Japan Why are the far right rioting in England? The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK chancellor Rachel Reeves begins a three-day visit to New York and Toronto on Monday in an attempt to sell Britain as “a stable place to do business,” asset managers fret as high-yield savings and caution over market volatility have left up to $1.5tn out of the market, commodity bulls’ dash for the exit sends prices tumbling.Mentioned in this podcast:UK chancellor to court investors in visit to New YorkEU capitals set to back tariffs on Chinese electric cars, trade chief saysCommodity bulls’ dash for the exit sends prices tumblingThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Jess Smith, Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Only two political parties — the Republicans and the Democrats — have controlled the White House since 1853. However, candidates from other parties still run in presidential elections. The FT’s Washington reporter, Steff Chávez, and US business and politics correspondent, Alex Rogers, join this week’s Swamp Notes to explain how third-party candidates could impact the 2024 US presidential race. Mentioned in this podcast:Robert Kennedy Jr launches independent bid for US presidentRobert Kennedy Jr taps nostalgia in bid to upset Donald Trump and Joe BidenSign up for the FT’s Swamp Notes newsletter hereElection 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 and Manuela Saragosa. Hosted on Acast. See acast.com/privacy for more information.

Investors were not happy with Amazon’s earnings report and Russia agreed to a historic prisoner swap with western countries. Plus, the FT’s Tommy Stubbington discusses how markets might react to a week of important central bank interest rate decisions.  Mentioned in this podcast:Amazon earnings jump on cloud computing strength but margins narrowA momentous week for central banks US journalist Evan Gershkovich released in Russia prisoner swap The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Ethan Plotkin, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

An interest rate cut could be on the table for the Federal Reserve’s next meeting, conflict in the Middle East is intensifying, and the Nasdaq composite jumped 2.7% on Wednesday. Plus, the FT’s Barney Jopson explains the recent wave of backlash against tourists. Mentioned in this podcast:Powell says September rate cut ‘on the table’ after Fed notes ‘some further progress’ on inflation  Assassinated: the arch-enemies of Israel killed in twin strikes The cost of Europe’s backlash against tourists  CREDIT: The Telegraph The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Microsoft’s AI-fuelled cloud growth fell slightly short of investors’ expectations, the cost of a luxury office space in Miami smashed records, and London’s stock market has fallen behind in mining company listings. Plus, the FT’s Humza Jilani explains how Pakistan’s banks are benefitting from mounting government debt.Mentioned in this podcast:Microsoft shares fall as cloud growth fails to impress Wall Street Cost of Miami office space hits record highPakistan’s banks enjoy soaring profits on interest from mounting government debt London loses its historic grip on global mining sector listings The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Britain’s new finance minister blamed the previous Conservative government for a £22bn fiscal hole, and Venezuela’s President Nicolás Maduro is facing international pressure to back up his claim of winning re-election. Plus, the FT’s Andy Bounds explains the EU’s trade strategy to deal with a potential second Trump presidency. Mentioned in this podcast:Reeves announces ‘incredibly tough choices’ to plug £22bn fiscal hole Pressure mounts on Venezuela’s Nicolás Maduro over contested presidential vote EU prepares two-step trade plan to tackle Donald Trump The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Losses in big tech stocks as investors punish companies over earning reports. The Bank of England may vote to reduce interest rates this week. Fallout after a Hizbollah attack on the Golan Heights.Mentioned in this podcast:US markets suffer worst day since 2022 as Tesla and AI stocks fallBoE rate decision hangs on a knife edge as divided policymakers prepare to meetHizbollah drone footage highlights Israeli security vulnerabilitiesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

If Kamala Harris wins the Democratic nomination next month, she would be only the second woman or person of colour that either major US party has ever nominated for president. On this week’s Swamp Notes, the FT’s US national columnist and editor, Edward Luce, and deputy Washington bureau chief, Lauren Fedor, explain why Harris probably won’t lean into her race or gender on the campaign trail. Mentioned in this podcast:Kamala Harris memes resonate with Gen Z votersHarris vs. Trump: America’s sudden gender electionSign 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: Fox News Hosted on Acast. See acast.com/privacy for more information.

Elon Musk is looking to inject $5bn into an AI start-up, and Venezuela’s election on Sunday will decide whether Nicolás Maduro will stay in office for more than a decade. Plus, the FT’s Simon Kuper explains how big infrastructure updates in Paris might shake up the cultural and political boundaries of the city.Mentioned in this podcast:Elon Musk to seek Tesla board approval for $5bn injection into xAI start-up Venezuela’s opposition bets Maduro has miscalculated this time Paris, the Olympics and the reinvention of a city The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Biden says it’s time to ‘pass on the torch’, China and the Philippines struck a deal to reduce tensions in the South China Sea, and the Nasdaq composite fell 3.6 per cent yesterday. Plus, the FT’s Chris Kay explains how young investors are gambling on Indian stocks.Mentioned in this podcast:The flashpoints that threaten a détente between China and the Philippines Beijing and Manila strike deal to reduce tensions in South China Sea US stocks sink after Big Tech earnings disappoint   The young investors gambling on Indian stocks Credit: ABC NEWS The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Denise Guerra, Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tesla’s net income fell by 45 per cent, investors think Donald Trump will be back in the White House, and the director of the US Secret Service resigned after an operational failure. Plus, the FT’s Jennifer Hughes talks about investors betting on politics in prediction markets. Mentioned in this podcast:Tesla misses profit estimates as electric vehicle deliveries slowPrediction markets tipped for new growth as US trader interest mounts US Secret Service head resigns over Donald Trump assassination attempt Markets reassess ‘Trump trades’ after Joe Biden withdraws from race The Unhedged podcast The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Jake Harper, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Congress interrogated its Secret Service chief yesterday, and Kamala Harris is gearing up her prospective presidential campaign. Plus, the FT’s Christian Davies explains how Samsung’s labour crisis is complicating its efforts to capitalise on a booming market for semiconductors.  Mentioned in this podcast:US Secret Service chief says Donald Trump shooting worst ‘failure’ in decades What do we know about Kamala Harris’s chances against Donald Trump? Samsung’s ‘chip crisis’: AI ambitions hit by unprecedented worker unrest Luxury brands roll out 50% discounts as Chinese shoppers rein in spending The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US President Joe Biden has abandoned his re-election bid following overwhelming pressure from fellow Democrats, and India’s prime minister Narendra Modi faces an early test to his third term in office. Plus, the UK’s new chancellor, Rachel Reeves, will present a fiscal statement to parliament later this month. Mentioned in this podcast:Joe Biden drops out of 2024 US presidential election race and endorses Kamala HarrisLabour’s moment to blame, borrow and taxIndia’s Narendra Modi faces budget demands from ‘kingmaker’ allies The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Republicans gathered in Milwaukee, Wisconsin, for their convention this week, just days after their party leader was nearly assassinated. The presidential nominee, Donald Trump, started off with a message of unity. However, it’s unclear if that message will stick. The FT’s deputy Washington bureau chief Lauren Fedor and US political news editor Derek Brower discuss this new layer for the Republican party.  Mentioned in this podcast:Donald Trump pledges tax cuts, trade wars and border crackdownJD Vance proclaims ‘America first’ as Republicans embrace economic populismSign 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 George Drake Jr and Pierre Nicholson.Read a transcript of this episode on FT.com CREDIT: Associated Press, ABC News Hosted on Acast. See acast.com/privacy for more information.

Donald Trump formally accepted the Republican party nomination for president. HSBC’s new chief executive, Georges Elhedery, will face a unique set of challenges while transitioning into the role, and the European Central Bank decided to keep interest rates unchanged yesterday. Plus, the FT’s Clive Cookson talks about the revival of the space race. Credit: NASA, BBC, NDTV, Global NewsMentioned in this podcast:Donald Trump recounts near death by gunman in speech to Republican conventionCan HSBC’s new chief finish what Noel Quinn started? ECB keeps interest rate at 3.75% What do we gain from going back to the Moon?  The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Ethan Plotkin, Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Chip stocks dipped yesterday after Trump’s comments rattled investors, the EU spoke up against Viktor Orbán’s recent travels, and a bid to force Amazon to recognise a union failed in the UK. Plus, the FT’s Madhumita Murgia explains what Yandex’s move into Europe signifies. Mentioned in this podcast:Chip stocks tumble as Trump comments rattle investors Donald Trump has ‘well-founded plans’ for Russia-Ukraine peace talks, Viktor Orbán claims Amazon beats back union bid for UK recognition Yandex founder to build AI business in Europe after Russia exit The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The UK Labour government will present its plans for the upcoming year in the King’s Speech, and Morgan Stanley experienced a slowdown in growth despite a 40 per cent profit increase. Plus, the FT’s Aanu Adeoye explains the Nigerian president’s plans to revive the country’s economy.Mentioned in this podcast:Starmer plans to introduce AI bill in King’s SpeechWill shock therapy revive Nigeria’s economy — or sink it further?  Morgan Stanley’s wealth business stumbles even as profits jump The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Donald Trump announced Ohio senator JD Vance as his vice-presidential nominee yesterday, and a US judge dismissed a criminal case over the former president’s handling of classified documents. Plus, the FT’s Mehul Srivastava explains why the Gaza pier built by the US hasn’t been as effective as intended. Mentioned in this podcast:Donald Trump picks Ohio senator JD Vance as 2024 running mate Judge dismisses classified documents case against Donald TrumpHow the US’s $230mn Gaza pier became a ‘colossal failure’ The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Congress launches a probe into ‘inexcusable’ security failings following the Pennsylvania rally shooting, and workers at an Amazon warehouse in the UK await results from a union ballot. Plus, the UK’s home building ambitions might be a bit of a slog. Credit: AP Mentioned in this podcast:Trump calls for unity in face of ‘evil’ after surviving assassination attemptDonald Trump injured in attempted assassination at Pennsylvania rallyHousebuilders warn construction lag could weigh on Labour housing Amazon launches anti-union charm offensive ahead of UK workers’ voteSurvey link: http://ft.com/FTsurvey2024Survey terms & conditions: http://www.ft.com/globalsurvey/termsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

As president, Donald Trump appointed three conservative justices to the Supreme Court and hundreds of conservative judges to benches across the judicial branch. These justices and judges have handed down several controversial decisions that have reshaped important aspects of American life. The FT’s US legal and enforcement correspondent, Stefania Palma, and professor of presidential studies at the University of Virginia, Barbara Perry, join this week’s Swamp Notes to discuss where the conservative legal movement is going next. Mentioned in this podcast:US Supreme Court deals blow to agencies’ rulemaking authorityUS Supreme Court says Donald Trump immune for ‘official acts’ as presidentSign 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.

US inflation fell to 3 per cent, and China’s Communist party leaders will meet next week to discuss the country’s economy. Plus, the FT’s Brooke Masters talks about the risks that come with deregulation. Mentioned in this podcast:US inflation falls to 3% in June China plays down hopes for ‘strong medicine’ at top economic policy meeting US businesses may soon find that deregulation comes with risks Survey link: http://ft.com/FTsurvey2024Survey terms & conditions: http://www.ft.com/globalsurvey/termsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Archegos founder Bill Hwang found guilty of fraud, investors are selling off risky US junk bonds, and women’s tennis is getting big investments from Saudi Arabia and private equity firms. Plus, the FT’s Ryan McMorrow explains how Amazon is fighting back against rivals like Temu and Shein. Mentioned in this podcast:Archegos founder Bill Hwang found guilty over fund’s collapse Investors shun riskier junk bonds as bankruptcy filings jump Saudi wealth bolsters WTA’s ambitions for women’s tennis Amazon set to take on Temu and Shein with new discount section Survey link: http://ft.com/FTsurvey2024Survey terms & conditions: http://www.ft.com/globalsurvey/termsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A Russian missile that destroyed a children’s hospital in Kyiv used western technology, investment banking is picking back up, and Shein is injecting €200mn in cash to tackle fashion waste. Plus, the FT’s Najmeh Bozorgmehr explains if Iran’s new pro-reform president can make a difference. Mentioned in this podcast:Type of Russian missile that struck Kyiv children’s hospital uses western components Masoud Pezeshkian: the heart surgeon who became Iran’s president-elect Shein to launch €200mn fund to tackle fashion waste as it awaits IPO approval Survey link: http://ft.com/FTsurvey2024Survey terms & conditions: http://www.ft.com/globalsurvey/termsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nato leaders are meeting for its 75th anniversary summit amid tensions within their countries, and Europe’s battery industry is feeling the impact of the global slowdown in electric car sales. Plus, the FT’s Sara Germano explains the reasons behind Nike’s worst single-day performance on the stock market since 1980.Mentioned in this podcast:Nato allies to pledge €40bn for Ukraine amid domestic turmoil Europe’s battery industry hit by EV slowdown and Chinese competition Downturn of the Swoosh: how Nike took its eye off the ball  Air Jordan commercialSurvey link: http://ft.com/FTsurvey2024Survey terms & conditions: http://www.ft.com/globalsurvey/termsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

France’s anti far-right alliance is on track to halt the rise of Marine Le Pen’s Rassemblement National, Labour’s landslide win is set to enhance the attractiveness of UK markets, and scientists said that this year was on track to become the warmest on record. Plus, the Chinese province closest to Taiwan seeks greater ties, but businesses aren’t biting. Credit: Washington Post, CNN, AFPMentioned in this podcast:Leftwing surge thwarts far right in French election, polls suggestUK stands out for its stability after election landslide, say investorsInvestors shy away from China’s ‘Taiwan Town’ as tensions riseWorld on track for hottest year as seas reach record levels for 15 months in a rowThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Rightwing populist party Reform UK makes inroads. Viktor Orbán set to hold meeting with Vladimir Putin to discuss Ukraine peace.Mentioned in this podcast:UK general election liveViktor Orbán to meet Vladimir Putin after Kyiv tripThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

SoftBank is looking to invest in AI despite pressure to offer a share buyback, Shell is pausing construction on one of its biggest energy transition projects, and the Labour party is expected to win the UK election by a landslide. Plus, the FT’s Anna Nicolaou explains how YouTube is trying to negotiate a deal with record labels over music created by AI. Mentioned in this podcast:SoftBank to prioritise AI deals over share buybacks despite pressure from Elliott Shell pauses construction at one of Europe’s biggest biofuels plants YouTube in talks with record labels over AI music deal Labour set for landslide win in UK general election Joe Biden set for talks with senior Democrats as crisis deepens  The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The EU is planning to impose duties on substandard Chinese goods, Panama’s president wants to close the Darién gap, and Joe Biden is under pressure to explain his fitness to run for office. Plus, the FT’s Attracta Mooney explains how Denmark is implementing the world’s first carbon tax on agriculture.Mentioned in this podcast:EU takes aim at China’s Temu and Shein with proposed import duty Denmark to charge farmers €100 a cow in first carbon tax on agriculture Panama will close notorious Darién Gap to migrants, president vows Joe Biden to meet Democratic governors amid concern over his fitness for race The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Western banks have cut their workforces in China, the US Supreme Court ruled that former president Donald Trump cannot be prosecuted for his ‘official’ actions, and Amazon has turned its first international profit in four years. Plus, the FT’s Leo Lewis explains how online competitors are affecting Japan’s regional banks.Mentioned in this podcast:Global investment banks’ China expansion goes into retreat US Supreme Court says Donald Trump immune for ‘official acts’ as presidentAmazon’s international unit on track to swing into annual profit Threat of deposit exodus haunts Japan’s regional banksThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Marine Le Pen’s far-right party has battered President Emmanuel Macron’s centrist alliance in the first round of snap parliamentary elections, US stock markets performing better than expected at the midyear point, and Morgan Stanley will join Goldman and JPMorgan in scrapping UK bonus caps.Mentioned in this podcast:French voters turn out in record numbers Wall Street’s last remaining bears struggle to convince optimistic clientsMorgan Stanley to join Goldman and JPMorgan in scrapping UK bonus capThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Martin Wolf is worried about the threat autocrats pose to liberal democracies. Across the world, billions of citizens are being asked to cast their vote in elections taking place in more than 50 countries, but in many places, populist, illiberal and far-right parties are either growing in support or consolidating gains they have already made. In this episode, Martin spells out his concerns to the FT’s executive opinion editor, Jonathan Derbyshire, and they discuss what Martin has gleaned from his conversations with Robert Kagan, Fiona Hill, Anne Applebaum and Raghuram Rajan. Did they ease his concerns in any way?Links: Martin Wolf column: Fascism has changed, but it is not deadFor Martin’s other FT columns click hereThis episode is presented by Martin Wolf. The producer is Sandra Kanthal. Production help from Sonja Hutson. The executive producer is Manuela Saragosa and the sound engineer is Nigel Appleton. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Joe Biden went into Thursday night’s CNN presidential debate hoping to assuage concerns over his mental acuity and fitness for office. But his performance only heightened those concerns — and may even force Democrats to reconsider their standard-bearer. The FT’s deputy Washington bureau chief, Lauren Fedor, and Washington reporter, Steff Chavez, join this week’s Swamp Notes podcast to explain why.Mentioned in this podcast:Democrats panic as Biden stumbles in bad-tempered debate with TrumpThe big moments from the Biden-Trump debateSign 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 and Breen Turner. CREDIT: CNN Presidential Debate, NBC News, ABC NewsRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US is inviting foreign ministers from Israel and Arab countries to the Nato summit next month, EY’s new global chief executive confirmed that the firm will not split in two, and Thames Water is on the brink of a financial collapse. Plus, the FT’s Lucy Fisher explains why immigration is an important issue in the UK elections. Mentioned in this podcast:US invites Arab and Israeli ministers to Nato anniversary summit New EY chief rules out reviving plan to split Big Four firm in two Neither politicians nor the public think straight on immigration Thames Water warns ageing assets pose ‘risk to public safety’ The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

JPMorgan is adding India's sovereign debt to its emerging markets index, and violent protests in Kenya stopped its president from signing a bill that would raise taxes. Plus, the FT’s Harry Dempsey explains why the US wants to lift sanctions on a billionaire to gain access to minerals in Africa. Mentioned in this podcast:India braced for billions of dollars of inflows as bonds added to JPMorgan index Kenya’s president drops tax rises after deadly protests Billionaire under sanctions could get $300mn in controversial US-Congo deal The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Shares of electric vehicle start-up Rivian surged in extended trading after Volkswagen announced a plan to invest up to $5bn, global investment in clean energy is set to hit $2tn and the EU charged Microsoft for violating antitrust laws yesterday. Plus, the FT’s Emma Agyemang explains why a deadlock in the US Senate is threatening to upend a global tax treaty.Mentioned in this podcast:Rivian shares soar on Volkswagen plan to invest up to $5bnClean tech investment set to hit $2tn in 2024 EU charges Microsoft with antitrust violations over Teams Global tax truce frays over fears of US Senate deadlock Do you have questions about the US election? Drop us a voice note here and we may play your question on Swamp Notes! The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Chinese executives are trying to avoid US tariffs by relocating manufacturing, a growing number of wealthy foreigners in the UK are planning on leaving the country, and Brazilian financial markets have been performing poorly. Plus, the FT’s Tim Bradshaw explains whether Nvidia is on a crash course similar to some of the dotcom darlings from the 2000s tech bubble. Mentioned in this podcast:Chinese companies seek assurances from Malaysia over US tariffs Can Nvidia stay at the heart of the new AI economy?Wealthy foreigners step up plans to leave UK as taxes increaseBrazilian markets hit by investor worries over Lula’s spending plans The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The EU has devised a legal workaround to sidestep Hungary’s veto on buying weapons for Ukraine, investment vehicles that scoop up risky loans are being launched at a record rate in Europe this year, and agencies representing TikTok’s biggest advertisers are drawing up contingency plans as the US prepares to ban the popular video app. Plus, Amazon and Microsoft are scaling up infrastructure investments for artificial intelligence in India. Mentioned in this podcast:EU devises legal loophole to bypass Hungary veto on support for UkraineEuropean CLO issuance hits record rate as investors chase yields India pulls in tech giants for its AI ambitionsTikTok advertisers prepare contingency plans as US ban loomsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Across the world, billions of citizens are being asked to cast their vote in elections taking place in more than 50 countries, and in many places, populist, illiberal and far-right parties are either growing in support or consolidating gains they have already made. Fiona Hill, who served as senior director for European and Russian affairs on the National Security Council in the Trump White House from 2017 to 2019, tells Martin Wolf about the parallels she sees between Donald Trump and Vladimir Putin, why she believes the US Congress has failed and how she will not be breathing a sigh of relief if President Joe Biden wins in the November polls. Links: Martin Wolf column: Fascism has changed, but it is not deadFor Martin’s other FT columns click hereClips: The Times, The Sunday Times, CSpanThis episode is presented by Martin Wolf. The producer is Sandra Kanthal. Production help from Sonja Hutson. The executive producer is Manuela Saragosa and the sound engineer is Nigel Appleton. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Americans have inflation and foreign policy on their minds this election. That means that President Joe Biden’s ambitious climate achievements aren’t resonating with voters – especially young voters – the way his administration expected. The FT’s US climate reporter, Aime Williams, and Washington bureau chief, James Politi, join this week’s Swamp Notes podcast to explain why. Mentioned in this podcast:How Joe Biden’s climate push fell flat with Gen Z votersWhy Americans are not buying more EVsSign 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: ESPN Hosted on Acast. See acast.com/privacy for more information.

Credit agencies have misrated more than $100bn of commercial real estate debt, new election polls suggest the UK could be in for a seismic political shift, and the Philippines has been secretly reinforcing a dilapidated warship marooned on a South China Sea reef. Plus, drilling for naturally occurring hydrogen gas was deemed unfeasible, but prospectors now think differently.Mentioned in this podcast:Poll predicts Rishi Sunak to lose seat in Tory wipeoutWhy we can’t be sure of the size of the Labour swingHow a cigarette sparked a slow-burn search for buried ‘gold’ hydrogenPhilippines secretly reinforces ship at centre of South China Sea disputeRatings agencies give high marks to bonds financing defaulted propertiesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Josh Gabert-Doyon, Ethan Plotkin, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Hamas-backed militants orchestrate bank heists, the ECB raises alarm over Eurozone debt, Malaysia courts Chinese investment, and Softbank debuts “EmotionCancelling” AI.Mentioned in this podcast:Premier Li Qiang’s visit has Malaysia wanting more from China pivot Armed gangs stage bank heists in GazaThis episode of FT News Briefing was produced by Josh Gabert-Doyon, Fiona Symon, Persis Love, Mischa Frankl-Duval. Additional help from Sonja Hutson, Kasia Broussalian and Marc Filippino. Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nvidia capitalises on investor excitement over artificial intelligence, Japan’s TDK is claiming a breakthrough in materials used in its small solid-state batteries, and Silicon Valley companies are screening their staff for Chinese spying. Plus, the FT’s Saffeya Ahmed unpacks Shein’s tumultuous journey to go public. Mentioned in this podcast:Nvidia vaults past Apple and Microsoft to become world’s most valuable companyApple supplier TDK claims solid-state battery breakthroughBehind the Money: The wrinkle in Shein’s IPO plansShein switches focus to London after New York IPO stallsSilicon Valley steps up employee screening over Chinese espionage threatThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Kyra Assibey-Bonsu, Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

French business leaders are warming up to France’s far-right and Dubai is trying to optimise a cluster of unique, abandoned islands. Plus, the FT’s Cristina Criddle explains why OpenAI is expanding its global affairs unit. Mentioned in this podcast:French businesses court Marine Le Pen after taking fright at left’s policiesOpenAI expands lobbying team to influence regulationBill Gross seeks to set record by selling stamp collection for up to $20mnThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Major defence companies are recruiting workers at the fastest rate since the end of the cold war, global leaders were able to reach a consensus on major issues during the G7 summit, and big Chinese companies are turning to the convertible bond market. Plus, investors are flocking to the local currency bonds of one-time emerging market pariahs. Mentioned in this podcast:Chinese companies rush to tap US convertible bond marketFrontier emerging markets lure investors back with high yieldsG7 threatens China with further sanctions over Russia war supportGlobal defence groups hiring at fastest rate in decades amid record ordersThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Denise Guerra, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Across the world, billions of citizens are being asked to cast their vote in elections taking place in more than 50 countries and in many places, populist, illiberal and far-right parties are either growing in support or consolidating gains they have already made. But India, the world’s biggest democracy, bucked the trend with Narendra Modi’s relatively weak election victory in June. In the third of this five-part series, the FT’s renowned economics commentator, Martin Wolf, and Raghuram Rajan, former governor of the Reserve Bank of India, discuss the Indian election results and inherent weaknesses of authoritarian styles of government.Links: Martin Wolf column: Fascism has changed, but it is not deadFor Martin’s other FT columns click hereThis episode is presented by Martin Wolf. The producer is Sandra Kanthal. Production help from Sonja Hutson. The executive producer is Manuela Saragosa and the sound engineer is Nigel Appleton. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Margaret Thatcher’s election in 1979 foreshadowed Ronald Reagan’s a year later, and the Brexit vote in 2016 took place just months before Donald Trump’s stunning presidential victory. The FT’s Whitehall editor, Lucy Fisher, and US politics news editor, Derek Brower, join this week’s Swamp Notes to explain why British and American politics often rhyme, and what the phenomenon could mean for upcoming elections in both countries. Mentioned in this podcast:Parallel US and UK elections could bring dangersNigel Farage’s Reform UK overtakes Conservatives in new opinion pollFrom the Political Fix podcast: “the Tories’ ‘kitchen sink’ manifesto”Sign 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.

Chinese electric vehicle makers look like they will survive the latest tariffs the EU announced this week, and UK Labour leader Sir Keir Starmer laid out his party’s manifesto. Plus, Toyota is caught up in a scandal. Will it matter during next week’s shareholder meeting?Mentioned in this podcast:Japan’s top carmakers caught in widening testing scandalWhat the EU’s tariffs on electric vehicles mean for ChinaKeir Starmer sets out plans to raise £8.6bn in tax at Labour manifesto launchThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Ethan Plotkin, Michela Tindera, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve held borrowing costs at a 23-year high yesterday, and Terraform Labs has agreed to pay $4.47bn in a case brought by the US Securities and Exchange Commission. Plus, tech companies launch a fight against a proposed California law to introduce a ‘kill switch’ on AI models.  Mentioned in this podcast:Fed officials signal just one interest rate cut before end of 2024Silicon Valley in uproar over Californian AI safety billUS inflation falls to 3.3% in May in boost to marketsTerraform Labs to pay $4.5bn in SEC fraud caseThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Shari Redstone has ended talks with Skydance Media over a deal to control Paramount, the number of central banks seeking to increase their exposure to the US dollar has increased sharply this year, the EU plans to put hefty tariffs on Chinese electric vehicles, and the UK Tories' manifesto lays out billions in tax cuts. Plus, the FT’s Christine Murray explains why Mexico's peso slid after president-elect Claudia Sheinbaum proposed reforms.Mentioned in this podcast:EU to impose multi-billion euro tariffs on Chinese electric carsGlobal central banks plan to increase dollar reserves, survey suggestsRishi Sunak pledges £17bn in tax cuts to revive Tory election bidMexico’s president-elect vows to press ahead with controversial judicial overhaulShari Redstone ends talks with Skydance Media over deal to control ParamountThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Victoria Mortimer, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Apple on Monday said it has partnered with OpenAI to integrate ChatGPT into its devices, and private equity groups are snapping up US accounting firms. Plus, President Emmanuel Macron stunned France on Sunday when he called snap parliamentary elections. The FT’s Leila Abboud unpacks what happens next for the country. Mentioned in this podcast:Apple partners with OpenAI as it rolls out new artificial intelligence systemPrivate equity groups poised to own one in three top US accounting firmsEmmanuel Macron gambles on snap French election after Marine Le Pen victory in EU voteWhy Emmanuel Macron went all in against Marine Le PenThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Far right parties make significant gains in the European Union elections, opposition politician Benny Gantz has resigned from Israel’s emergency government, and Iranian authorities have disqualified prominent moderates as candidates in the snap presidential election. Plus, global investors are turning their backs on sustainability-focused stock funds.Mentioned in this podcast:Far-right parties make significant gains in European parliament electionsInvestors pull cash from ESG funds as performance lagsIran promotes hardliners as presidential candidatesBenny Gantz resigns from Israel government over GazaThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Denise Guerra, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prarkiti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Across the world, billions of citizens are being asked to cast their vote in elections taking place in more than 50 countries, making this a pivotal year for democracy. But these polls come as populist, illiberal and far-right parties are either growing in support or consolidating gains they have already made. In the second of this five-part series, the FT’s renowned economics commentator, Martin Wolf, speaks to the author and journalist Anne Applebaum, who’s witnessed first hand some of the seismic shifts that have taken place in America and Europe. They talk about how the newly elected Polish government is trying to veer the country away from the illiberal path taken by the previous administration, and spell out what’s at stake for the world if Donald Trump wins a second term as US president.Links: Martin Wolf column: Fascism has changed, but it is not deadFor Martin’s other FT columns click hereClip: The GuardianThis episode is presented by Martin Wolf. The producer is Sandra Kanthal. Production help from Sonja Hutson. The executive producer is Manuela Saragosa and the sound engineer is Nigel Appleton. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Few of Silicon Valley’s biggest names supported Donald Trump in 2016 or 2020. Now, some of them are holding multimillion- dollar fundraisers for him. The FT’s US business and politics correspondent, Alex Rogers, and tech correspondent, Hannah Murphy, join this week’s Swamp Notes to explain why Big Tech is abandoning Joe Biden. Mentioned in this podcast:Donald Trump fundraiser latest sign of support in Silicon ValleySilicon Valley elite warms to Donald TrumpBiden camp hits out at Elon Musk and ‘sucker’ Donald TrumpSign 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. Original music by Hannis Brown. Do you have questions about the US election? Drop us a voice note here and we may play your question on the show!  Hosted on Acast. See acast.com/privacy for more information.

The European Central Bank has cut interest rates for the first time in nearly five years, and the European Commission will recommend the start of EU accession talks with Ukraine this month.Plus, the FT’s Katie Martin explains how optimistic we should be about a revival of the London Stock Exchange. Mentioned in this podcast:ECB cuts interest rates for first time in five yearsA cautious revival of the London IPO marketUkraine ready for EU membership talks, Brussels saysThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Jess Smith, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nvidia’s market value briefly rose past $3tn to overtake Apple as the world’s second-most valuable company, South Africa’s African National Congress party is considering the formation of a national unity government with rival parties, and UK Prime Minister Rishi Sunak was accused on Wednesday by Sir Keir Starmer of “resorting to lies” over Labour’s tax plans. Plus, a US appeals court has tossed out new rules that would have forced private equity and hedge funds to be more transparent.Mentioned in this podcast:Nvidia’s market value powers past $3tn in AI-fuelled rallyKeir Starmer accuses Rishi Sunak of ‘lying’ over Labour £2,000 tax claimANC considers national unity government in South AfricaNew SEC rules on private funds thrown out by US appeals courtThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prarkiti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Gazprom is unlikely to recover gas sales lost as a result of Vladimir Putin’s full-scale invasion of Ukraine for at least a decade, India’s Prime Minister Narendra Modi is set to win a historic third term, job openings, vacancies and quits data provided more evidence of a cooling labour market in the US, and Rishi Sunak’s government has begun the process of awarding JPMorgan Chase boss Jamie Dimon a knighthood. Plus, Opec+ might be losing ground in its fight to prop up oil prices. Mentioned in this podcast:Gazprom badly hurt by Ukraine war, says company-commissioned reportNarendra Modi set to lose parliamentary majority in shock Indian election resultIndia election strips Narendra Modi of his ‘aura of invincibility’Opec+ is running out of roadUS labour market cools in April, relieving pressure on the Fed Jamie Dimon considered for UK knighthood by Sunak government The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prarkiti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US President Joe Biden is moving to sharply tighten immigration rules at the southern border with Mexico, Indian markets hit record highs after exit polls forecast a landslide election win for Prime Minister Narendra Modi, food delivery apps put new focus on profits despite slower growth following the coronavirus pandemic, and a new podcast from the Financial Times explores the fallout since Qatargate. Mentioned in this podcast:Food delivery apps rack up $20bn in losses in fierce battle for dinersIndian markets hit record highs as exit polls forecast Modi victorySunak and Starmer set to clash in first UK election leaders’ debateUntold: Power for Sale. Subscribe or listen on: Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts.The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, 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.

Russia and China are deadlocked over a deal to build a gas pipeline connecting the two countries, far-right parties in Europe are gaining ground with younger voters, technical trouble could hamper Tesla’s upcoming shareholder election, and disagreement at OpenAI over safety and leadership has led to top level resignations.Mentioned in this podcast:Russia-China gas pipeline deal stalls over Beijing’s price demandsInternal divisions linger at OpenAI after November’s attempted coupTesla’s many international retail investors unable to cast AGM voteHow the far right is winning over young EuropeansThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Jess Smith, Denise Guerra, Breen Turner, 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.

Across the world, billions of citizens are being asked to cast their vote in elections taking place in more than 50 countries, making this a pivotal year for democracy. But these polls come as populist, illiberal and far-right parties are either growing in support or consolidating gains they have already made. In the first of this five-part series, the FT’s renowned economics commentator Martin Wolf tells executive opinion editor Jonathan Derbyshire why he worries about the consequences for the future of democratic institutions. Martin then speaks to Robert Kagan, a neoconservative scholar and a senior fellow at the Brookings Institution in Washington, about what a victory, or defeat, for Donald Trump might mean for the future of US democracy.Links:Martin Wolf column: Fascism has changed, but it is not deadFor Martin’s other FT columns click hereClip: CNBCThis episode is presented by Jonathan Derbyshire and Martin Wolf. The producer is Sandra Kanthal. Production help from Sonja Hutson. The executive producer is Manuela Saragosa and the sound engineer is Nigel Appleton. The FT's global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Former US president Donald Trump was found guilty on 34 felony charges of falsifying business records on Thursday, a first for any current or former American president. However, with the Republican nomination all but secured, the conviction may do little to knock Trump’s reelection campaign off course. The FT’s US managing editor, Peter Spiegel, and US legal correspondent, Joe Miller, join this week’s Swamp Notes to explain why. Mentioned in this podcast:Donald Trump found guilty on all counts in ‘hush money’ trialTrump’s guilty verdict puts America’s political system on trialDonald Trump is a convicted felon. Will Americans still vote for him?Sign 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. Original music by Hannis Brown. Hosted on Acast. See acast.com/privacy for more information.

Donald Trump has been found guilty of conspiring to buy the silence of a porn actor and Saudi Arabia is selling roughly $12bn worth of shares in its national oil company Saudi Aramco. Plus, European oil majors are left at a disadvantage in several areas when it comes to M&A. Mentioned in this podcast:Donald Trump found guilty on all counts in ‘hush money’ trialSaudi Arabia to sell $12bn worth of Aramco sharesWhy the European oil megamerger has not gushed forthThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Ethan Plotkin, Breen Turner, 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.

Europe has only a fraction of the air defence capabilities needed to protect its eastern flank, BHP’s £39bn takeover bid for Anglo American has collapsed, and Israel bonds are a hot commodity in US municipalities. Plus, the FT’s Brooke Masters explains why private equity firms are pivoting towards profit sharing. Mentioned in this podcast:Nato has just 5% of air defences needed to protect eastern flankIsrael’s borrowing spree reaches Palm Beach as US municipalities pile inBHP’s £39bn pursuit of Anglo American collapsesHigher rates have changed the game for private equityThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

Hess shareholders approved a controversial takeover bid from Chevron, and South Africans vote today in the most contested election since the end of apartheid,Plus, the FT’s James Kynge argues that China is winning the tech war with the US. Mentioned in this podcast:South Africa’s ‘lost leader’ faces the end gameGeorgia adopts Russian-inspired ‘foreign agents’ lawTech Tonic podcastThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

This episode features a truncated version of a recent Behind the Money podcast as it travels to Omaha, Nebraska for Berkshire Hathaway’s annual shareholder meeting. At this year’s event, there’s a lingering question over what will happen once Warren Buffett is no longer at the helm. Buffett has a successor in mind, and we explore the challenges they could face when taking over America’s “last great” conglomerate.Mentioned in this podcast:Behind the Money podcastBerkshire after Buffett: prized energy business faces upheavalThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Michela Tindera, Breen Turner, 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.

The European Central Bank looks almost certain to be one of the first major central banks to cut rates, a tense dispute over Guyana is casting a shadow over Chevron’s bid to takeover Hess, and Thames Water pumped 14.2bn litres of sewage into the river Thames last year. Plus, the nuclear power industry is seeking to lure back thousands of retired engineers. Mentioned in this podcast:ECB is ready to start cutting interest rates, says chief economistBlow to $53bn Chevron-Hess deal as investors advised to abstainNuclear industry brings back ‘silver tsunami’ of retireesThames Water pumped 14bn litres of sewage into Thames in central London in 2023 The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, Breen Turner, 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.

American voters still say the economy is their most important electoral issue, and a growing number are less than pleased with Joe Biden’s economic management. The FT’s deputy Washington bureau chief, Lauren Fedor, and the vice-president of North Star Opinion Research, Jon McHenry, join this week’s Swamp Notes to break down the results of the most recent FT-Michigan Ross poll. Mentioned in this podcast:Support for Joe Biden’s economic policies wanes amid inflation fears, FT poll findsFT-Michigan Ross poll: Biden’s election hopes fall as prices rise againSign 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. Original music by Hannis Brown. CLIPS: @atrupar on X Hosted on Acast. See acast.com/privacy for more information.

Elon Musk’s xAI has secured new backing from three Silicon Valley venture capital giants, women in Ukraine have increasingly stepped into roles men used to perform before Russia’s full-scale invasion, and the FT’s Soumaya Keynes explains why the UK’s Labour party benefits from being boring. Mentioned in this podcast:Elon Musk’s xAI secures new backing from Andreessen Horowitz, Sequoia and TribeUkrainian women wanted in factories as men drafted into armyHow large might Labour’s ‘dullness dividend’ be?Introducing The Economics Show with Soumaya KeynesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

Rishi Sunak has taken a huge gamble by announcing a July 4 election, record sales of artificial intelligence chips sent Nvidia’s revenue soaring 262 per cent in the past quarter Adani Group passed off low-quality coal as far more expensive cleaner fuel in transactions with an Indian state power utility, according to evidence seen by the Financial Times, and the first batch of genetically engineered non-biting mosquitoes will be released in Djibouti on Thursday.Mentioned in this podcast:Rishi Sunak calls July 4 UK electionNvidia’s revenue beats high expectations as AI chip demand climbsFederal Reserve officials were open to further US rate rises to quell inflationAdani suspected of fraud by selling low-grade coal as high-value fuelDjibouti looks to genetically engineered mosquitoes to quell urban malaria wave The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

UK deputy prime minister Oliver Dowden went on a secret trip to the UAE, PwC is bracing for penalties over its audit of collapsed Chinese property developer Evergrande, and traders are anticipating huge swings in Nvidia shares after the company reports earnings on Wednesday. Mentioned in this podcast:UK launches charm offensive with UAE after relations sourPwC partners brace for Chinese punishment over Evergrande auditTraders brace for big swings in Nvidia sharesEU trade deficit with China shrinks to lowest level since 2021Follow Untold: Power for Sale on Apple Podcasts or SpotifyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

The death of Iranian President Ebrahim Raisi has dealt a shocking blow to the Islamic regime, and the public mood in advanced countries remains low as the cost of living crisis keeps households under pressure. Plus, the decision by the chief prosecutor of the International Criminal Court to apply for arrest warrants against Benjamin Netanyahu and Yoav Gallant is a huge setback for Israel. Mentioned in this podcast:The Rachman Review podcastA crushing blow for Israel and a massive gamble by the ICCPresident Ebrahim Raisi’s death deals blow to Iranian regimeConsumer confidence still below pre-pandemic levels despite economic reboundThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

A helicopter carrying Iranian President Ebrahim Raisi crashed on Sunday, Niger is on the verge of becoming a regional oil major, and western countries are trying to replace a UN body that monitors compliance with international sanctions on North Korea. Mentioned in this podcast:Helicopter carrying Iran’s president crashesBorder dispute hinders Niger’s China-built oil pipelineRussia has stopped UN from monitoring North Korea sanctions. Who is watching Kim?The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, Breen Turner, 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.

A special live recording of the FT News Briefing at the FT Weekend Festival in Washington, DC on May 4, 2024. Our wonderful colleagues played a friendly game of news trivia. How does your knowledge stack up? The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

Joe Biden once criticised Donald Trump’s trade war with China, but things look a lot different in an election year. The FT’s US climate reporter, Aime Williams, and US financial editor, Brooke Masters, join Swamp Notes to explain why the president announced such sweeping tariffs on Chinese goods this week, and how it could help him win votes. Mentioned in this podcast:Why Washington’s new tariffs on Chinese clean tech goods matterJoe Biden and Donald Trump battle to prove who can be toughest on ChinaSign 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. Original music by Hannis Brown. Read a transcript of this episode on FT.com CREDIT: CBS News Hosted on Acast. See acast.com/privacy for more information.

The US Supreme Court rejects an existential legal challenge to the country’s top consumer finance watchdog, a $10bn US property fund is running low on liquidity as investors demand their money back, and Russia and China agree to tighten military ties and deepen their economic partnership after talks in Beijing. Plus, central banks around the world are impatiently waiting for the Federal Reserve to cut interest rates.   Mentioned in this podcast:US Supreme Court rejects challenge to top consumer finance agencyVladimir Putin and Xi Jinping vow to co-operate against ‘destructive and hostile’ USDangers of dollar nationalism hang over the world economyCan the strong dollar be tamed?Starwood’s $10bn property fund taps credit line as investors pull moneyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Manuela Saragosa, Breen Turner, 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.

The US inflation report sent stocks to record highs and Slovak Prime Minister Robert Fico was shot on Wednesday. Plus, the FT’s John Reed explains why India’s Prime Minister Narendra Modi is so popular. Mentioned in this podcast:US inflation falls to 3.4% in AprilSlovak premier Robert Fico shot and injuredNarendra Modi launches candidacy in India’s marathon electionHow to understand Modi’s IndiaCREDIT: Sansad TVThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Breen Turner, Jyotsna Singh, 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.

The Biden administration is encouraging Arab states to participate in a multinational force that could deploy in Gaza once the war ends, Anglo American plans to thwart BHP’s £34bn takeover bid by breaking itself up, and the US is sharply raising tariffs on Chinese imports from electric vehicles to solar cells. Plus, Singapore’s new prime minister has his work cut out. Mentioned in this podcast:US encouraging Arab states to join multinational postwar force in GazaAnglo American plans break-up to thwart £34bn BHP bidUS sharply raises tariffs on Chinese EVs and semiconductor importsLawrence Wong, Singapore’s next PM faces an ever trickier balancing actThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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.

The carmaker behind Fiat and Peugeot is in talks to invest in Indonesian nickel, the meme-stock movement came back to life, and Chinese authorities have kicked off plans to sell $140bn of long-dated bonds to stimulate the economy. Plus, what Russia’s new defence minister means for the country’s war effortMentioned in this podcast:GameStop soars in meme stock flashback as ‘Roaring Kitty’ reappearsWho is Andrei Belousov, Russia’s new defence minister? Stellantis in talks with Vale to invest in Indonesian nickel smelterChina fires starting gun on $140bn debt sale to boost economyThe 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.

UK Prime Minister Rishi Sunak tries to revive Conservative morale with a speech in London, four Chinese generative artificial intelligence start-ups have been valued at more than $1bn in the past three months, and US shale oil companies are under the spotlight over allegations of manipulating prices. Plus, the frontrunner in Mexico’s presidential election is promising more of the same.Mentioned in this podcast:Rishi Sunak to warn Britain ‘at a crossroads’ as he readies Tories for electionUS shale companies accused of collusion over oil priceFour start-ups lead China’s race to match OpenAI’s ChatGPTMexico’s presidential frontrunner defends sweeping legal reformsThe 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.

The US Federal Reserve is fiercely independent, but that doesn’t mean politicians always treat it that way. The FT’s US national editor, Edward Luce, and acting US economics editor, Claire Jones, join this week’s Swamp Notes to explain how the central bank’s policy could affect the economy and therefore have an impact on the election result. Plus, why a second term for Donald Trump could put pressure on the Fed to play politics.Mentioned in this podcast:Trump’s dot plot for the FedJay Powell’s dilemma: the US economy is too strong to cut ratesGlobal inflation and interest rates tracker: see how your country comparesSign 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. Original music by Hannis Brown. CREDIT: US Federal Reserve Hosted on Acast. See acast.com/privacy for more information.

Anglo American’s crucial South African shareholders are open to a takeover offer from BHP, Nippon Steel has vowed to push ahead with its $14.9bn acquisition of US Steel, and China’s President Xi Jinping has hailed Hungary as one of Beijing’s most important strategic partners. Plus, most pandemic corporate winners have turned into post-pandemic losers. Mentioned in this podcast:Anglo American’s South Africa investors open to improved BHP bidNippon Steel predicts ‘calmer discussions’ with unions after US presidential electionXi Jinping upgrades China’s ties with Hungary to ‘all-weather’ partnership Pandemic-era winners suffer $1.5tn fall in market valueThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Josh Gabert-Doyon, Mischa Frankl-Duval, Sam Giovinco, Peter Barber, Michael Lello, 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.

Shares in Arm drop after it reports lacklustre revenue projections, Singapore is studying proposals to shake up its struggling stock market, EU countries have agreed to use an estimated €3bn in profits from Russia’s frozen state assets to buy weapons for Ukraine, and a newly expanded pipeline in Canada breathes life into the oil industry. Plus, hedge fund manager Sir Paul Marshall has lost a legal battle with the South African government over shipwrecked treasure. Mentioned in this podcast:Arm shares drop as revenue forecast falls short despite AI boomSingapore battles to revive struggling stock marketEU agrees to arm Ukraine using profits from Russian state assetsCanada’s oil industry cuts reliance on US market as pipeline expandsHedge fund boss Paul Marshall loses case over silver salvaged from shipwreckThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, 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.

Reddit's first-quarter earnings as a listed company surpass expectations, Israel threatened to expand its military operation in Rafah, and TikTok filed a lawsuit against the US government to block a potential ban of the social media app. Plus, global trade growth is set to more than double this year as inflation eases and a booming US economy helps drive activity.Mentioned in this podcast:US revokes licences for supply of chips to China’s HuaweiTikTok challenges divest-or-ban bill in US courtIsrael threatens to expand Rafah operation as US struggles to revive talksGlobal trade growth set to more than double this yearUS revokes licences for supply of chips to China’s HuaweiReddit soars 16% after beating Wall Street estimates in first post-IPO quarterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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.

SoftBank is leading an investment of more than $1bn into a UK self-driving car start-up, and poppy and marijuana farming money is disappearing from rural areas as traffickers shift to synthetic drugs. Plus, the FT’s Anna Nicolaou explains the rival bids to buy Paramount. Mentioned in this podcast:SoftBank leads $1bn funding for UK artificial intelligence group WayveEl Chapo’s opium heartland bereft as Mexico cartels embrace fentanylShari Redstone, a media scion weighing the future of her ravaged empireJames Cameron and Ari Emanuel back Skydance bid for ParamountBrussels seeks to ban Russian funding of European politiciansThe 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.

Warren Buffett said Greg Abel should have the final decision on investments at Berkshire Hathaway, the US and Europe disagree on how to manage Russia’s frozen assets, and Chinese President Xi Jinping visits Europe. Plus, college students in the US are calling for their universities to divest from Israel, but it’s not that simple. Mentioned in this podcast:Bonhomie and hardball: Xi Jinping visits Europe to avert trade warThe clash over whether to commandeer Russia’s frozen assetsDivestment is not as easy as it may seemBerkshire Hathaway’s cash pile hits record as Buffett cuts stake in AppleBuffett lays out expansive role for successor Greg Abel at poignant Berkshire AGMThe 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.

Student-led protests against Israel’s war in Gaza have spread across the US in recent weeks, with demonstrators building tent encampments on university grounds, and even storming university buildings. The FT’s Washington bureau chief, James Politi, and FT New York correspondent, Joshua Chaffin, join this week’s Swamp Notes to explain why the protests could hurt President Joe Biden’s re-election chances.Mentioned in this podcast:New York police storm Columbia University and arrest pro-Palestinian protestersPolice raid UCLA protest camp as clashes over Gaza spread across USSign up for the FT’s Election Countdown newsletter hereSign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor, Kasia Broussalian 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. Original music by Hannis Brown. CREDIT: NBC News New York, X/@JaunMaBenitez, X/@AnthonyCabassa_, PBS NewsHour Hosted on Acast. See acast.com/privacy for more information.

Apple’s revenue fell 4 per cent in the first three months of 2024, Japan apparently intervened several times this week to support the yen, and US regulators have accused the former boss of the largest US shale oil producer of trying to collude with the Opec cartel. Plus, Europe solved its Russian gas problems in the short term, but created long-term problems.Mentioned in this podcast:Apple’s revenue weighed down by falling China salesJapanese government spent $35bn to prop up yen, BoJ figures suggestJapan is haunted by a return to emerging-economy statusFTC accuses ex-Pioneer boss of seeking to collude with Opec How Europe solved its Russian gas problemThe 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.

The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, and cruise operator Viking Holdings rose on its market debut. Plus the FT’s Owen Walker explains what the exit of HSBC chief executive Noel Quinn means for the bank’s China strategy. Mentioned in this podcast:Federal Reserve signals that interest rates will remain higher for longerCruise line Viking rises after launching year’s second-largest US IPOWhat triggered Noel Quinn’s shock exit from HSBCThe 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.

Strong sales at Amazon’s cloud computing division helped the Big Tech giant beat analyst estimates for revenue and profit, private capital is playing a growing role in the green energy transformation, and foreign carmakers are teaming up with Chinese technology groups to compete in the local market.  Mentioned in this podcast:Amazon’s strong cloud sales help power revenue gainsCan private equity accelerate the green transition?Jeremy Hunt warns FCA against ‘naming and shaming’ business‘Everything has changed’: foreign auto groups embrace local technology in ChinaThe 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.

Humza Yousaf is resigning as Scotland’s first minister, and WeWork’s senior creditors are poised to take control of the reorganised co-working space provider. Plus, an Africa-focused venture capital firm has steered one of the region’s biggest fundraising efforts of the past five months. Mentioned in this podcast:Humza Yousaf quits as Scotland’s first ministerWeWork agrees restructuring deal that shuts out Adam Neumann’s comeback bidAfrica-focused fund draws early investors to tech industryFT Life & Art podcastThe 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.

Financial companies scramble to rework contracts after US Federal Trade Commission rule bans non-compete agreements, the largest western banks that remain in Russia paid the Kremlin hundreds of millions of euros in taxes last year, and Turkey is in talks with the US energy supermajor ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas. Plus, the message from Big Tech companies to investors about when AI will be profitable: be patient. Mentioned in this podcast:Ban on non-compete agreements sends shockwave across Wall StreetMicrosoft and Alphabet enjoy AI-powered gains from cloud divisionsQuestion of pay-off from AI hangs over Big Tech earningsWestern banks in Russia paid €800mn in taxes to Kremlin last yearTurkey in talks with ExxonMobil over multibillion-dollar LNG dealThe 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.

The US Supreme Court set out to answer a big constitutional question on Thursday: can a president be charged for potential crimes committed while in office? The FT’s Washington bureau chief, James Politi, and US legal and enforcement correspondent, Stefania Palma, join this week’s Swamp Notes to explain why the answer could determine the outcome of Donald Trump’s federal trials and the future of the American presidency.Mentioned in this podcast:US Supreme Court debates limits of presidential immunity in Donald Trump appealDonald Trump prepares his final pitch on presidential immunitySign 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: CNN Hosted on Acast. See acast.com/privacy for more information.

Microsoft beat expectations for revenue and cloud sales, Alphabet shares rise by double-digits after first-quarter earnings beat expectations, markets are no longer fully confident of a US interest rate cut before September, and the EU is turning to draconian tactics to curb migration. Plus, a merger between mining giants BHP and Anglo American could get investors excited about the industry again. Mentioned in this podcast:Alphabet shares surge past $2tn after search giant unveils first ever dividendMicrosoft’s revenue and cloud sales beat expectationsBiden dealt blow as investors scale back bets on pre-election rate cutWhy is BHP bidding for Anglo American?BHP proposes £31bn takeover of Anglo American in mining mega-dealHow Europe is paying other countries to police its bordersThe 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.

Meta’s revenues jumped by more than a quarter in the first three months of the year, Brussels raided the offices of a Chinese security equipment supplier, and earnings from Boeing reflected a slowdown of 737 Max production and compensation to customers. Plus, weapon shipments are heading to Ukraine after President Joe Biden signed a highly anticipated $95bn foreign aid bill. Mentioned in this podcast:Meta shares fall as it predicts higher expenditure on AIEU conducts ‘dawn raid’ on Chinese security equipment supplierPentagon rushes $1bn in weapons to Kyiv after Biden signs aid billJoe Biden tells Volodymyr Zelenskyy US weapons will arrive ‘quickly’Boeing burns through $4bn in first quarter after door plug blowoutThe 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.

Tesla reported a 9 per cent decline in first-quarter revenue, Spotify kicked off a more mature era for its business after years of freer spending, and the US Federal Trade Commission banned non-compete clauses for employees. Plus, international investors have rushed into Egypt’s debt after the most populous Arab nation secured a $55bn bailout.Mentioned in this podcast:Tesla revenue declines in first quarter as vehicle sales slowSpotify hits record quarterly profit as it enters ‘new phase’US FTC bans non-compete agreementsDemand for Egyptian debt surges after $55bn bailout and investment packageLatin American cocoa farmers rush to expand planting as prices spikeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, Katya Kumkova, 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.

The New York Stock Exchange is polling market participants on the merits of trading stocks around the clock, ByteDance ready to ‘move to the courts’ after the US pushes ahead with a bill demanding the Chinese parent sell its viral app in the country, and traders have built up bets that the Federal Reserve could actually raise interest rates. Plus, Goldman Sachs has relocated its head of financial institutions group for Europe from London to Paris.Mentioned in this podcast:Goldman Sachs moves senior banker to Paris in post-Brexit revampTikTok gears up for legal fight in US to prevent banInvestors price in growing chance of further Fed rate risesNew York Stock Exchange tests views on round-the-clock tradingThe 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.

Tesla shareholders are bracing for the carmaker’s worst earnings performance in seven years, oil markets have remained steady as Middle East tensions rise, and China’s first-quarter GDP shows the effects of President Xi Jinping’s bet on manufacturing. Mentioned in this podcast:Tesla shareholders braced for worst results in 7 yearsWhy oil prices remain steady even as Middle East tensions escalateCovid vaccine makers to clash in London over mRNA patent disputeChina warns west of ‘survival of the fittest’ as manufacturing boosts economyParisians struggle to cash in on Olympic Games rentalsThe 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.

Both Donald Trump and Joe Biden made campaign stops last week in Pennsylvania, whose 19 electoral votes could decide the outcome of the 2024 election. But in a state with such a range of demographic groups, how can each find a message that will stick? The FT’s deputy Washington bureau chief, Lauren Fedor, and US political editor Derek Brower join to discuss. Mentioned in this podcast:Joe Biden’s speech to steel workers underscores union’s burgeoning influenceJoe Biden calls for tripling of tariffs on Chinese steelJosh Shapiro warns Joe Biden gas stance could hurt election hopesSign 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: The Independent, The Times and the Sunday Times Hosted on Acast. See acast.com/privacy for more information.

Netflix profits surged during the first quarter, global markets had a rocky week due to worries over US inflation, and India’s prime minister is getting a big boost from the business class in his re-election campaign. Mentioned in this podcast:Netflix profits surge on strong subscriber growthThe great bet on rate cuts is offEuropean stocks suffer worst day in nine monthsUS to grow at double the rate of G7 peers this year, says IMFJay Powell says US inflation ‘taking longer than expected’ to hit targetBusinesses bank on Narendra Modi election win to ease India’s bottlenecksLuxury automakers hit by Korea’s new neon green licence plate rule for company carsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, 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.

Iran is exporting more oil than at any time for the past six years, EU leaders are debating whether to unify the bloc’s fragmented capital markets, and the IMF warns that the US’s massive fiscal deficit poses significant risks to global markets. Plus, artificial intelligence needs an abundance of electricity to run, but the world is struggling to generate it.Mentioned in this podcast:Iran oil exports hit 6-year high as west prepares sanctionsMajority of EU states object to capital markets reform pushUS deficit poses ‘significant risks’ to global economy, warns IMFBooming AI demand threatens global electricity supplyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Cara Shillenn, 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.

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 IMFUkraine’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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 [email protected] 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 Hancock 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.

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 chiefUK 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 Fuck 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 [email protected]. 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.

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.

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.

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.

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.

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.

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 [email protected]. 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.

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.

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.

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.

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.

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.

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 [email protected]. 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.

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.

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.

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.

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.

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.

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 [email protected]. 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.

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.

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.

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.

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.