The car industry has turned on France’s plan to force manufacturers to attach the equivalent of a public health warning to their advertising, and US telecoms companies will delay their rollout of 5G services near airports. Plus, the FT’s Chris Nuttall, explains why Microsoft’s $75bn deal for Activision Blizzard makes sense. Mentioned in this podcast: Carmakers criticise French plan for health warning on adverts AT&T and Verizon limit 5G service near US airports after airlines’ outcry Activis...
Jan 19, 2022•10 min
UK inflation is expected to rise to a 30-year high when December’s data are released this week, Meta patent applications indicate how the Silicon Valley group intends to cash in on its virtual world with hyper-targeted advertising and sponsored content, Chinese lenders have grown more cautious about lending to African nations as some have reached the limit of their borrowing capacity and the prospect of defaults loom, and the Scottish government has awarded 25 gigawatts of offshore wind project ...
Jan 18, 2022•8 min
Pension cash for British Gas workers was used to buy Israeli cyberweapon developer NSO Group, European sales of electric cars overtook diesel models for first time in December, and the FT’s Southern Africa correspondent Joseph Cotterill discusses Bain’s role in state corruption in South Africa under former president Jacob Zuma. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Stories mentioned in this podcast: British Gas pension cash used to buy Israeli spyware group NSO https://w...
Jan 17, 2022•9 min
This week, we’ve got two GOATs – that’s Greatests Of All Time. Legendary artist Tracey Emin is starting an art school and studio compound in Margate, England, the seaside town where she grew up. On the week of her winning the Whitechapel Art Icon Award, we speak to Emin about the legacy she’s building and examine the work that came before, from scandalous installations like “My Bed” to her more contemplative work. Then, the FT’s wine columnist Jancis Robinson teaches us about the world of wine. ...
Jan 15, 2022•30 min
Google says it will spend $1bn to purchase its office building in London, Katie Martin explains why Ken Griffin selling a $1.2bn stake in his Citadel Securities is a big deal, and FT investigation correspondent, Tom Burgis, describes a British industry that caters to global elites who want to hide their wealth and manage their reputations. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: Google bets on return to office with $1bn purchase of London buildin...
Jan 14, 2022•11 min
Boris Johnson suffered the toughest day of his premiership on Wednesday when he faced calls to quit after he admitted attending a Number 10 “bring your own booze” party during lockdown , the commodities boom has extended to nickel which reached its highest level in a decade, environmentalist activists are targeting public relations firms, and Beyond Meat has become one of the most shorted companies on US stock market. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in th...
Jan 13, 2022•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/afd4c412-780b-407a-8b5a-10175cf319fc A US judge says that the Federal Trade Commission can go ahead with a revised case seeking to break up Facebook, and the latest US inflation report is expected to show prices rose at their fastest pace in nearly 40 years. Plus, the FT’s US markets editor, Eric Platt, explains how the Federal Reserve is expected to wind down its $9tn balance sheet after a pandemic largesse. Mentioned in thi...
Jan 12, 2022•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/d84a12a8-97da-4331-836b-391c25c8676b The Federal Reserve’s second-in-command has resigned after a trading scandal, companies raised more than $100bn on the bond market in the first week of this year, and Wall Street’s biggest banks are set to report record profits. Plus, the FT’s pharmaceutical correspondent, Jamie Smyth, discusses the latest controversy as the US shifts away from the ‘war on drugs’. Mentioned in this podcast...
Jan 11, 2022•10 min
Read a transcript of this episode on FT.com https://www.ft.com/content/51351f23-63b8-458c-9ee2-a7cbda43c287 Nato has warned Moscow to abandon its belligerent foreign policy or face a military alliance steeled for conflict, frustration over corruption in Portugal is the hot button issue for voters in this month’s election, and UK financial regulators plan to take a close look at cloud computing companies. Plus, the FT’s Asia business editor, Leo Lewis, explains why investors are ready to pour mon...
Jan 10, 2022•10 min
Happy New Year! Our first episode of 2022 is dedicated to one of the world’s most powerful cultural forces: Disney. What happens when a company with that much influence just keeps growing? We visit Disneyland for a rare interview with CEO Bob Chapek, with FT reporters Chris Grimes and Anna Nicolaou. We explore where Disney Plus fits into the digital streaming wars. And Lilah speaks with a Disney expert, Sabrina Mittermeier, about how the company is reckoning with its prejudices 100 years into it...
Jan 08, 2022•27 min
Read a transcript of this episode on FT.com https://www.ft.com/content/4418eedc-e949-4d44-a517-55e73f2076f9 Outgoing Federal Reserve vice-chair has blamed “inadvertent errors” for failing to disclose the full extent of his trading activity at the start of the pandemic, the FT’s Katie Martin looks back on the first week of trading in 2022, and our Moscow and Central Asia reporter, Nastassia Astrasheuskaya, unpacks the protests in Kazakhstan and Russia’s interest in helping its neighbour maintain ...
Jan 07, 2022•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/31290819-a321-496e-a995-4281198ec453 Minutes from the latest Federal Reserve meeting show the US central bank gearing up for more aggressive tightening, tech stocks plummeted, Hong Kong is bracing for sharply higher food prices, and one of Germany’s biggest utilities, Uniper, has been forced to seek €10bn of financing to avoid a cash crunch. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson, talks about corporate A...
Jan 06, 2022•10 min
Read a transcript of this episode on FT.com https://www.ft.com/content/cf9a801f-d99d-4703-a1dd-2219ee91f3fa Chinese banks rushed to meet their annual state-imposed lending quotas last month by buying up low-risk financial instruments, a divided EU has demanded a role in next week’s negotiations with Russia over the Ukraine crisis, and travel stocks rose sharply on Tuesday. Plus, the FT’s Frankfurt correspondent, Joe Miller, explains why the German city of Mainz wants to hang onto the vaccine mak...
Jan 05, 2022•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/f1236902-0997-4028-8cd1-d50317d10aba A jury found Elizabeth Holmes guilty of conspiring to defraud investors in the failed blood testing start-up Theranos, Apple has become the first company to hit a market capitalisation of $3tn and US president Joe Biden is launching a crackdown on the country’s largest meat producers. Plus, the FT’s US economics editor Colby Smith explains why the country is struggling to measure jobs grow...
Jan 04, 2022•10 min
Read a transcript of this episode on FT.com https://www.ft.com/content/f0ee8a8b-fab1-4fcc-a49e-864a7b2cf62e The US chief medical adviser has warned of an “unprecedented” surge in Covid-19 cases, and Tesla smashed its own production and delivery records in the final months of last year. Plus, the FT’s chief leader writer, Neil Buckley shares some of the FT’s predictions when it comes to 2022’s top stories. Omicron drives Covid infections in US to record highs https://www.ft.com/content/a75a74a9-a...
Jan 03, 2022•10 min
Read a transcript of this episode on FT.com https://www.ft.com/content/693b3337-ce80-4150-866a-01e1c3730fad US financial conditions are near the most accommodative on record even as the Federal Reserve has begun stepping up its exit from coronavirus crisis-era stimulus measures, and soaring US stock markets are masking a strong tide that is pulling down the share prices of hundreds of companies, and the FT’s European technology correspondent, Madhumita Murgia, discusses science fiction’s influen...
Dec 23, 2021•11 min
Read a transcript of this episode on FT.com https://www.ft.com/content/ee47c8a9-9e84-4e31-bcf0-2314be0b406f US stock exchanges are increasing their efforts to attract new companies to fill the gap left by a decline in Chinese listings, and Turkey’s lira jumped sharply after President Recep Tayyip Erdogan announced a new savings scheme. Plus, the FT’s US banking correspondent, Imani Moise, explains why black Americans struggle to get cheap bank loans. US Exchanges look elsewhere in Asia to replac...
Dec 22, 2021•11 min
Read a transcript of this episode on FT.com https://www.ft.com/content/5e8d9be2-8efa-4339-b80a-53ffe0664ec1 US retailers’ supply chain problems are being exacerbated by computer programs known as “Grinch bots” that are buying up the most sought-after holiday gifts in split-second online swoops, Chinese artificial intelligence company SenseTime is relaunching its initial public offering in Hong Kong with the help of investment from state-backed entities after being blacklisted by the US, and in C...
Dec 21, 2021•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/b08546bc-7eee-4c25-9e5c-db458728e4c2 US president Joe Biden suffered a blow to his efforts to pass his signature $1.75tn social spending bill when Joe Manchin, the pivotal Democratic senator from West Virginia, explicitly rejected the package, European countries are tightening restrictions to reduce the spread of Omicron after the Netherlands reimposed a strict nationwide lockdown on Saturday, and FT capital markets correspon...
Dec 20, 2021•8 min
It's the final FT Weekend episode of 2021, and we are marking the end of one unpredictable year and the start of another. What do you think will happen in 2022? Matt Vella, FT Weekend Magazine editor, joins Lilah to discuss listeners’ cultural predictions. A lot of them had an air of nostalgia: Will Britney make a documentary about her life? Will flip phones make a comeback? Then, our pop critic Ludovic Hunter-Tilney teaches us the art of the perfect holiday playlist. -------------- If you want ...
Dec 18, 2021•29 min
Read a transcript of this episode on FT.com https://www.ft.com/content/5355f6b9-ad94-401e-bedd-557a9e75b15f Residents of America’s biggest cities are struggling to book vaccine appointments because of the rising wave of the Omicron coronavirus variant, and TPG is joining the wave of private equity groups that are going public. Plus, the FT’s markets editor, Katie Martin, explains why investors were so taken aback by the Bank of England’s rate rise yesterday. Americans rush for vaccine boosters a...
Dec 17, 2021•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/5418e790-754e-4421-a7d2-99fd610466c3 Federal Reserve officials expect to raise interest rates three times next year, and investors are piling into inflation-linked assets in a bet that consumer prices will continue to soar. Plus, the FT’s law courts correspondent, Jane Croft, tells the tale of a money laundering conviction that started with garbage bags stuffed with cash. Fed officials expect three rate rises next year in haw...
Dec 16, 2021•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/9db04e62-720a-47b6-89a8-3fc0f383b489 The US Federal Reserve is expected to announce a swift scaling back of its enormous stimulus programme and boost its expectations for interest rate increases next year, and the UK’s Advertising Standards Authority has taken the crypto industry to task for “widespread” problems with misleading and irresponsible ads. Plus, Ark Invest’s CEO, Cathie Wood, is known as the queen of the bull mark...
Dec 15, 2021•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/6c90116a-d978-4b3c-9fba-0b57b2a42aec The US Department of Labor is investigating Ap p le over claims that it retaliated against an employee who complained of workplace harassment and unsafe working conditions, European gas futures rose 10 per cent on Monday after German foreign minister Annalena Baerbock said the Nord Stream 2 pipeline could not be permitted in its current form because it did not comply with EU law; and a sen...
Dec 14, 2021•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/99bcfb02-6de4-4658-9d7f-c210db884fdf The cost of flying cargo around the world has reached record levels, and workers are demanding that gig economy companies explain their algorithms. Plus, the FT’s retail correspondent, Jonathan Eley, explains how the Chinese company Shein became one of the world’s biggest fast fashion companies and recently surpassed Zara to become the top fast fashion brand in the U.S. Air freight costs s...
Dec 13, 2021•10 min
This weekend, we’re going behind the scenes of the FT’s legendary Books of the Year roundup. Literary editor Frederick Studemann and deputy books editor Laura Battle take us into a secret room in the basement of the FT, where all the books sent in for review are kept behind lock and key. You’ll leave this episode with a lot on your reading list, including recommendations from editor Roula Khalaf, FT weekend editor Alec Russell, chief economics commentator Martin Wolf and more. -------------- If ...
Dec 11, 2021•25 min
Read a transcript of this episode on FT.com https://www.ft.com/content/699883ef-69b7-425f-a149-915268ccac82 US consumer prices for November are expected to have increased at the fastest pace in nearly 40 years, and workers at a Starbucks in Buffalo, New York, have voted to become the coffee shop chain’s first unionised store in the US. Plus, FT markets editor, Katie Martin, explains why investors are shrugging off the Omicron variant of the coronavirus. US consumer prices expected to log biggest...
Dec 10, 2021•11 min
Read a transcript of this episode on FT.com https://www.ft.com/content/f448826b-f40b-49be-824d-5795493cee5f The Big Four accounting firms have recorded their strongest financial performance since the collapse of Enron, and Apple is tolerating a loose interpretation of its new privacy rules allowing app developers to collect data from its 1bn iPhone users for targeted advertising. Plus, the FT’s Beijing Bureau chief, Tom Mitchell, explains how the Chinese government might orchestrate the slow-mot...
Dec 09, 2021•10 min
Read a transcript of this episode on FT.com https://www.ft.com/content/4f159e0e-06fa-4610-8768-4807a47b6fbe China is preparing a blacklist that could tightly restrict the main channel technology start-ups use to attract international capital, and the US is pressuring Germany to block Russia’s Nord Stream 2 gas in the event that Vladimir Putin invades Ukraine. Plus, the FT’s hedge fund correspondent, Laurence Fletcher, talks about Elliott Management, one of the most “fearsome” activist hedge fund...
Dec 08, 2021•9 min
Read a transcript of this episode on FT.com https://www.ft.com/content/0c162b9e-4c9a-40bf-ab48-a6d5f9830f6e A sustained rally in the price of carbon allowances could prompt UK government intervention, Germany’s new government is prioritising climate goals, and the FT’s European technology correspondent, Madhumita Murgia, reports on academics’ struggles to access Facebook data that they need in order to find out more about the social effect of the company’s platforms. Carbon price surge triggers ...
Dec 07, 2021•9 min