FT News Briefing - podcast cover

FT News Briefing

Financial Timesft.com
A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

Hosted on Acast. See acast.com/privacy for more information.

Episodes

Culture chat: ‘Napoleon’ with historian Simon Schama

Historian Sir Simon Schama and FT deputy arts editor and film expert Raph Abraham join Lilah to discuss the historical epic ‘Napoleon’. Ridley Scott’s new two-and-a-half-hour-long film stars Joaquin Phoenix, and documents a lot: Napoleon’s rise and fall, some of his most famous battles, and his relationship with his wife, Josephine. But how well does it represent his character? We discuss what the film got right and wrong (historically and dramatically), why Napoleon continues to loom so large i...

Dec 27, 202326 min

Hot Money: The New Narcos

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

Dec 26, 202330 min

The year of weight-loss drugs

Chancellor Jeremy Hunt raised the prospect of the Bank of England reducing interest rates in 2024 in an interview with the FT, and Novo Nordisk’s drugs for obesity could have a profound effect on healthcare, society and our relationship with food. Plus, part three or our three-part series on a changing India looks at the country’s booming fertility industry.  Mentioned in this podcast: FT Person of the Year: Lars Fruergaard Jørgensen of Novo Nordisk Jeremy Hunt raises prospect of Bank of En...

Dec 22, 202313 min

This bond market rally is epic

A global rally in government debt has driven yields past many Wall Street targets for the end of 2024, and rising premiums in China are driving families to cancel health coverage. Plus, in the second of a three-part series, the FT’s Benjamin Parkin travels to southern India to see whether factories can help solve the country’s employment problems.  Mentioned in this podcast: Bond market rally drives yields past Wall Street’s end-2024 targets Millions drop out of China’s state health insuran...

Dec 21, 202311 min

India’s digital transformation

Copper is set to finish the year as the top-performing industrial metal, and the FT’s John Paul Rathbone recently visited a Hamas tunnel and talks about his experience. Plus, in the first part of a three-part series, the FT’s John Reed goes to Varanasi to show how India’s digital transformation is going.  Mentioned in this podcast: Supply squeeze helps copper prices buck tough year for base metals Inside the ‘Gaza metro’: Israel displays Hamas tunnel big enough for a car Narendra Modi respo...

Dec 20, 202312 min

US Steel gets a new owner

Activist investor Cevian Capital has taken a €1.2bn stake in UBS, and Nippon Steel has agreed to buy US Steel in a $14.9bn deal. Plus, the FT’s Josh Gabert-Doyon takes us to the English town of Widnes and discusses what the destruction of fossil fuel infrastructure means for local citizens.  Mentioned in this podcast: Activist Cevian places €1.2bn bet on UBS Nippon Steel agrees to buy US Steel for $14.9bn The Fiddler’s Ferry blast that will reshape a town’s identity The FT News Briefing is ...

Dec 19, 202310 min

A Chinese spy in Europe’s midst

Corporate bankruptcies are increasing at double-digit rates in most advanced economies, and TSMC is going to play a huge role in Taiwan’s upcoming election. Plus the FT’s Henry Foy explains how a European politician spied for China.  Mentioned in this podcast: UK’s biggest companies failing to close pay gap, says report Chipmaker TSMC casts long shadow over Taiwan election Chinese spies recruited European politician in operation to divide west Bankruptcies soar as high rates and end of Covi...

Dec 18, 202311 min

UAW strike kicks off new era for US labour

Central banks are charting different courses for interest rates in 2024, and EU leaders have agreed to officially start accession talks with Ukraine. Plus, for US union leader Shawn Fain, the historic auto workers strike is only the beginning.  Mentioned in this podcast: EU leaders agree to start accession talks with Ukraine Stocks and bonds surge as Jay Powell comments fuel bets on interest rate cuts ECB keeps rate on hold but lowers inflation forecast Andrew Bailey warns ‘still some way t...

Dec 15, 202311 min

The west is losing patience with Israel

The Federal Reserve on Wednesday held interest rates at a 22-year high, countries reached a deal at the COP28 climate summit to transition away from fossil fuels, and Germany reached a last-minute budget deal to avoid a financial shutdown. Plus, the FT’s John Paul Rathbone explains whether Israel can continue its pursuit of Hamas without losing western support.  Mentioned in this podcast: How the COP28 deal was won but the battle for 1.5C may be lost Joe Biden’s criticism of Israel highligh...

Dec 14, 202311 min

Is Signa’s downfall a canary in the coalmine?

UK Prime Minister Rishi Sunak headed off a Conservative revolt over his flagship Rwanda migration bill, US core inflation rose last month, and the FT’s Sam Jones explains the downfall of Signa, one of Europe’s most prominent property developers.  Mentioned in this podcast: Rishi Sunak secures win in Rwanda asylum vote Rise in US core inflation highlights stubborn price pressures Rwanda vote exposes Tory divisions despite Rishi Sunak’s win Signa fires René Benko ally for suspected ‘gross vio...

Dec 13, 202311 min

Wealthy donors and campus speech

Investors poured record sums into high-yield bond exchange traded funds in November, Rishi Sunak will on Tuesday seek to face down rightwing Tory rebels by pushing ahead with his controversial Rwanda bill, and the FT’s Joshua Chaffin tells us about the wealthy donors pushing for US universities to crack down on antisemitism.  Mentioned in this podcast: High-yield bond ETFs attract highest flows on record in November Government to face down party rebels over Rwanda bill The Ivy League, Wall ...

Dec 12, 202311 min

The Big Four’s year of layoffs

French immigration reforms put Emmanuel Macron’s leadership to the test, Pisa rankings show sharp decline in student attainment in maths and reading since 2018, India’s stock market is set to take Hong Kong’s spot among world’s largest, and Shohei Ohtani signs a record $700mn baseball contract with Los Angeles Dodgers.  Mentioned in this podcast: UK students fall behind on core skills post-pandemic EY to cut a further 150 UK jobs as Big Four firms grapple with waning demand Shohei Ohtani si...

Dec 11, 202311 min

US oil is keeping Opec on its toes

The EU is set to pave the way for completely ending gas imports from Russia and Belarus, and a record supply of oil from the US is complicating Opec+ maths. Plus, the FT’s Jennifer Hughes explains why the price of gold and bitcoin are both booming in the same week.   Mentioned in this podcast: EU paves way for total ban on Russian gas imports Oil market caught by surprise as US output surges Gold price hits all-time high as traders bet on interest rate cuts The FT News Briefing is...

Dec 08, 202310 min

The humanitarian crisis worsens in Gaza

Moody’s Investors Service advised staff in China to work from home ahead of its cut to the outlook for the country’s sovereign credit rating, Palestinians in Gaza are running out of places to evacuate to, and oil prices have fallen to their lowest level in five months. Plus, the FT’s Christopher Miller explains what would happen on the ground in Ukraine if western aid dries up.  Mentioned in this podcast: Moody’s advised staff to work from home ahead of China outlook cut Joe Biden says Repu...

Dec 07, 202310 min

The crackdown on Ukraine’s oligarchs

Leading economists say the Federal Reserve will hold off on interest rate cuts until at least July 2024, and the US Supreme Court heard a case that could shut down Democrats’ attempts to impose a wealth tax. Plus, the FT’s Europe editor, Ben Hall, explains why Ukraine is cracking down on oligarchs and what it means for the country.  Mentioned in this podcast: Economists see Fed keeping rates at 22-year high until at least July   How the US Supreme Court could thwart a prospective ...

Dec 06, 202311 min

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

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

Dec 05, 202329 min

Venezuela votes for a land grab in Guyana

The UK will make it harder for employers to hire overseas staff in an attempt to reduce record immigration by 300,000 a year, a Venezuelan referendum lays claim to two-thirds of neighbouring Guyana, and the White House says the US is set to run out of funds to aid Ukraine by the end of the year. Plus, we get a preview of the new Hot Money season, which dives into the European cocaine trade. Mentioned in this podcast: UK government unveils measures to cut immigration by 300,000 a year Venezuela s...

Dec 05, 202310 min

Wealthy Argentines flock to Uruguay

Israel has ordered Palestinians in Gaza to evacuate a large area of land in the south of the strip, South Korea has become a top 10 defence exporter since the start of the war in Ukraine, Prime Minister Narendra Modi’s Bharatiya Janata party has won a series of resounding victories in India’s state polls, and wealthy Argentines are moving to Uruguay to avoid high taxes.  Mentioned in this podcast: Israel pounds southern Gaza after US warning on civilian deaths South Korean defence industry ...

Dec 04, 202311 min

Introducing Hot Money: The New Narcos

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

Dec 01, 20233 min

Why markets had a stellar November

Washington is aiming to halve Russia’s oil and gas revenues by the end of this decade, and markets turned things round and had a great November. Plus, the FT’s Nicholas Megaw explains how investors use AI to decode what executives say on earnings calls.  Mentioned in this podcast: US aims to halve Russia’s energy revenues by 2030, says official Investors use AI to glean signals behind executives’ soothing words Markets in 2024: Investors bet on déjà vu all over again The FT News Briefing is...

Dec 01, 202312 min

Nato says don’t underestimate Russia

Nato’s secretary-general is warning the west not to underestimate Russia, Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn, and an audio essay by the FT’s Najmeh Bozorgmehr explores Iranians’ complicated feelings about the Israel-Gaza conflict. Mentioned in this podcast: Russia has stockpiled missiles for winter attack on Ukraine, says Nato Cigna and Humana in deal talks to create US health insurance giant Why Nato’s reassurances to Ukra...

Nov 30, 202310 min

Germany’s €60bn budget hole

A record number of Chinese people have defaulted since the outbreak of the coronavirus pandemic, a court ruling in Germany has opened up a huge €60bn hole in the country’s budget, and the FT’s Christine Murray explains why Mexico is benefitting from companies rethinking their foreign investments. Mentioned in this podcast: Chinese people default in record numbers as economic crisis deepens ‘A house of cards’: court ruling leaves Olaf Scholz’s legacy in tatters The city where Mexico’s nearshoring...

Nov 29, 202311 min

Israel-Hamas truce extended

Qatar said mediators had secured a deal to prolong the temporary truce between Israel and Hamas by two days, Chinese fast-fashion group, Shein, has filed confidential paperwork for an initial public offering with the US securities regulator, and Tesla CEO Elon Musk is experiencing a bit of culture shock as he fights against union action in Sweden. Plus, the value of rare whiskies sold at auction has recorded the steepest fall in a decade other than during the pandemic. Mentioned in this podcast:...

Nov 28, 202310 min

COP28: Climate summit tries to kick fossil fuel habit

Turkey’s exports to Russia of goods vital for Moscow’s war machine have soared in 2023, and nations at this year’s COP28 summit will revisit a proposal to phase out fossil fuels. Plus, the FT’s Madhumita Murgia explains how one patient in need of a new liver exposed major flaws in the UK’s organ transplant system.  Mentioned in this podcast: Future of fossil fuels leaves nations at odds ahead of UN climate summit Turkey’s exports of military-linked goods to Russia surge Algorithms are decid...

Nov 27, 202311 min

What the Dutch far-right win means for the EU

Voters in the Netherlands elect Geert Wilders; UK immigration numbers reach new high; Plus, senior Carlsberg executives are detained in Russia. Mentioned in this podcast: Net migration to the UK hit record 745,000 in 2022 Far-right Dutch victory puts European liberal democracy on defensive Ex-Carlsberg executives detained in Russia over fraud claims The FT News Briefing this week was produced by Kasia Broussalian, Sonja Hutson, Fiona Symon, Marc Filippino, Josh Gabert-Doyon and me, Persis Love. ...

Nov 24, 202312 min

Ousted OpenAI board member on AI safety concerns

Sam Altman returns and OpenAI board members are given the boot; US authorities foil a plot to kill Sikh separatist leader on US soil; plus, the UK’s Autumn Statement increases the tax burden. Mentioned in this podcast: US thwarted plot to kill Sikh separatist on American soil Hunt cuts national insurance but taxes head to postwar high OpenAI 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. Additi...

Nov 23, 202311 min

OpenAI and Sam Altman’s superpowers

Israel and Hamas have agreed a deal to release hostages, Dutch voters head to the polls today, and Binance chief executive Changpeng Zhao has resigned after pleading guilty to a US criminal charge. Plus, the FT’s George Hammond explains why Sam Altman has so many people rallying behind him after he was ousted from OpenAI.  Mentioned in this podcast: Israel approves hostage deal with Hamas Dutch election shapes up as tight race to replace Mark Rutte Binance chief Changpeng Zhao pleads g...

Nov 22, 202311 min

Argentina is in its Milei era

A majority of OpenAI employees sent a letter demanding that the board reinstate former CEO Sam Altman, Argentina is entering a new era after electing radical libertarian outsider Javier Milei as president, and the US Department of Justice is seeking more than $4bn from Binance to settle a criminal fraud investigation. Plus, the FT’s Alec Russell unpacks Indonesian president Joko Widodo’s ambitious plan to build a new capital city and turn the country into an economic superpower.  Mentioned ...

Nov 21, 202311 min

Milei elected president of Argentina

Radical libertarian economist, Javier Milei, has won Argentina’s presidential elections, investors are shaking up the venture capital market by raising money to buy out start-ups, and Bangladesh is struggling to keep the lights on after going all-in on liquefied natural gas.  Mentioned in this podcast: Radical libertarian Javier Milei elected president of Argentina Investors shake up VC market by raising money to buy out start-ups Will Bangladesh come to regret its dash for gas? Altman appe...

Nov 20, 202310 min

Life and Art: Nathan Fielder and ‘The Curse’

Introducing Life and Art , a new podcast FT Weekend. Join host Lilah Raptopoulos for two episodes each week. On Mondays, they talk about life and how to live a good one. On Fridays, Lilah hosts a roundtable that will dive deep into a piece of culture that’s in the air right now. On this episode, Lilah’s joined by FT columnist Stephen Bush and assistant arts editor Rebecca Watson to talk about the new cringe-drama-comedy show, The Curse. They discuss the show and how prestige TV is changing comed...

Nov 18, 202326 min
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