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 collapse Fed faces tough task deciding when to stop raising ra...
Nov 14, 2022•11 min•Transcript available on Metacast 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....
Nov 12, 2022•50 sec•Transcript available on Metacast 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 data Sam Bankman-Fried apologises for FTX crisis Accountants in Cyprus break from PwC to retain Russia-linked clients The FT News Briefing is produced by Fiona Symon, Sonja Hutson ...
Nov 11, 2022•10 min•Transcript available on Metacast 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 profits Binance ditches deal to rescue rival crypto exchange FTX The FT News Briefing is produced by Fiona Symon,...
Nov 10, 2022•9 min•Transcript available on Metacast 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 majority Binance rescues crypto rival FTX TikTok slashes revenue targets by at least $2bn TikTok overhauls US business following advertising slump Swamp Notes: Memo to Dems: sanctimony won’t save the republic Uzbekistan...
Nov 09, 2022•10 min•Transcript available on Metacast 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 Sunak Cyber experts warn of Twitter misinfo...
Nov 08, 2022•9 min•Transcript available on Metacast 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 w orld 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 presenc...
Nov 07, 2022•11 min•Transcript available on Metacast 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/technology ...
Nov 06, 2022•25 min•Transcript available on Metacast 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 falter Democrats fear loss in Nevada as Hispanic voters...
Nov 05, 2022•29 min•Transcript available on Metacast 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 was...
Nov 04, 2022•2 min•Transcript available on Metacast 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 points Germany str...
Nov 04, 2022•10 min•Transcript available on Metacast 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 rises How Arizona became ground zero for election denie...
Nov 03, 2022•10 min•Transcript available on Metacast 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 Twitter Twitter Space recording: What can we expect from Twitter under Elon Musk? Pfizer lif...
Nov 02, 2022•9 min•Transcript available on Metacast 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 profits Lula keeps investors guessing on his economic vision for Brazil Renault and Nissan close in on a deal to save longtime alliance The FT News Bri...
Nov 01, 2022•10 min•Transcript available on Metacast 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 Braz...
Oct 31, 2022•10 min•Transcript available on Metacast 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,...
Oct 29, 2022•29 min•Transcript available on Metacast 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 valuations Amazon shares plummet after dismal sales forecast ‘Radical surgery’: Will Credit Suisse’s gamble pay off? The plight of expat workers at KPMG Saudi Arabia Subscribe to the FT Weekend podcast The FT News ...
Oct 28, 2022•11 min•Transcript available on Metacast 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 quarter IEA forecasts fossil fuel demand will peak this decade Democrats fear loss in Nevada as His...
Oct 27, 2022•10 min•Transcript available on Metacast 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 growth Solid cloud demand helps Microsoft offset PC market weakness ECB to start talks on shrinking balance sheet amid bond market turmoil FT Liv...
Oct 26, 2022•9 min•Transcript available on Metacast 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 minister Chinese tech stocks tumble in US trading as Xi bolsters political power Download the FT Edit app The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s edit...
Oct 25, 2022•9 min•Transcript available on Metacast 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 race Toyota was a hybrid pioneer with the Prius but struggles to leap to electric Airlines hit by jet shortages in new challenge for aviation Profit warnings soar as UK companies strugg...
Oct 24, 2022•11 min•Transcript available on Metacast 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...
Oct 22, 2022•31 min•Transcript available on Metacast 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 minister Hunt still has a fiscal hole to fill, but Britain’s fabric is fraying Subscribe to the FT Weekend podcast The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Pete...
Oct 21, 2022•11 min•Transcript available on Metacast 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 congress UK government to curb unions’ ability to strike on transport network ‘The headw...
Oct 20, 2022•11 min•Transcript available on Metacast 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 subscribers CVC’s biggest bet yet: the fiercely private buyout firm set to go public Military briefing: Russia rolls out Iranian drones to ‘terrorise’ Ukraine The FT New...
Oct 19, 2022•10 min•Transcript available on Metacast 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 earnings Jeremy Hunt scraps tax cuts and slashes energy package in bid to calm markets...
Oct 18, 2022•9 min•Transcript available on Metacast 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 low Xi Jinping heralds ‘critical time’ in history as he prepares for third term in power Can anything save Liz Truss? ...
Oct 17, 2022•10 min•Transcript available on Metacast 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 Ang...
Oct 15, 2022•29 min•Transcript available on Metacast 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 increases US stocks shrug off early declines following hot inflation report Liz Truss in crisis talks on new tax cut U-turn World’s top chip equipment suppliers halt bu...
Oct 14, 2022•9 min•Transcript available on Metacast 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 elections Crisis hit Sri Lanka snaps up cheap Russian oil The Rachman Review podcast The FT News Briefing is produced by Fiona S...
Oct 13, 2022•10 min•Transcript available on Metacast 
