Chinese stocks are set for their largest monthly rise since 2020, Meta frustrates app developers by charging for VR apps, and Revlon’s bankruptcy filing sheds light on what it takes to stay relevant in the beauty industry. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: Chinese stocks set for largest monthly rise since 2020 Meta sparks anger by charging for VR apps How the beauty industry left Revlon behind Statutory inquiry into Captain Tom charit...
Jun 30, 2022•8 min•Transcript available on Metacast A former White House aide testified that former President Donald Trump tried to commandeer his limousine on January 6, an independent report advises the UK to suspend use of live facial recognition over privacy concerns, and environmentalists are concerned about the impact of global timber trade disruption. Plus, access to mail-order abortion pills is shaping up to be the next legal battleground. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast...
Jun 29, 2022•10 min•Transcript available on Metacast Russia is on course to default on its debt for the first time since 1998, and Credit Suisse has become the first domestic bank to be found guilty of a corporate crime after a court found the lender failed to stop the laundering of Bulgarian drug money. UK travel chaos could widen this summer as travel unions threaten strike activity. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: Russia set for first debt default since 1998 as payment deadline pas...
Jun 28, 2022•10 min•Transcript available on Metacast Nato is to agree an overhaul of its battle plans to offer better protection to the alliance’s eastern flank, and there is some debate on how to soften the economic blow of the UK leaving the European Union. Plus, a listener wants to know: Is the UK justified in spending more on science and tech education and less on the arts? Mentioned in this podcast: Nato to agree overhaul to bolster Baltic defences against Russian threat The deafening silence over Brexit’s economic fallout A tale...
Jun 27, 2022•12 min•Transcript available on Metacast This week we speak with Michael R. Jackson, playwright of A Strange Loop , which just won the Tony award for Best Musical and Best Book. Jackson is a queer, black writer whose musical is about a queer, black writer writing a musical about a queer, black writer.. Hence the strange, but incredibly entertaining loop. Then, we learn about the dark side of Copenhagen's world-famous fine dining restaurant scene from Imogen West-Knights. Denmark seems to be turning a blind eye to abuses in its hottest ...
Jun 25, 2022•33 min•Transcript available on Metacast The EU recognizes Ukraine as an official candidate for membership, Russian businessmen look to work with Iran to skirt US sanctions, and the FT’s Hot Money podcast reveals Visa and Mastercard are the secret regulators of the porn industry. Plus, the US bans Juul e-cigarettes from being sold. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: EU leaders formally agree to grant Ukraine candidate member status Sanctions-hit Russian businessmen seek tips ...
Jun 24, 2022•14 min•Transcript available on Metacast US stocks stay fairly flat after Fed Chair Jerome Powell testifies in Congress, a Ukrainian-made drone hits an oil refinery in Russia, and the International Energy Agency says investing $25 billion annually could lead to universal electricity access in Africa by the end of the decade. Mentioned in this podcast: Jay Powell warns US recession is ‘certainly a possibility’ ‘Kamikaze’ drone strike hits oil refinery in southern Russia Africa needs $25bn a year of investment to boost energ...
Jun 23, 2022•9 min•Transcript available on Metacast The S&P 500 rose by 2.4% on Tuesday, Russia is threatening Lithuania over enforcing EU sanctions, and the global food shortage reignites the debate on using crops for biofuel. Plus, Kellogg is Read a transcript of this episode on FT.com off into three separate companies. Mentioned in this podcast: S&P 500 bounces 2.4% after sharp weekly decline Russia warns Lithuania of serious consequences over Kaliningrad rail ‘blockade’ Food vs fuel: Ukraine war sharpens debate on u...
Jun 22, 2022•10 min•Transcript available on Metacast China is the leader in initial public offering fundraising this year, Jeff Bezos’s superyacht ignites a debate about who cities are for, and New Zealand’s housing market could hold some clues for what to expect in countries starting to raise their interest rates. Mentioned in this podcast: China IPO fundraising doubles US total to top global ranks Jeff Bezos vs the bridge: Rotterdam’s dilemma over billionaire’s superyacht New Zealand’s housing price boom cools as rate rises bite The FT New...
Jun 21, 2022•11 min•Transcript available on Metacast Passively managed index funds have overtaken actively managed funds’ ownership of the US stock market for the first time and Brazil is cracking down on fake news on social media sites in the run-up to this October’s election. Plus, the FT’s Patrick McGee interviewed the chief executive of Epic games about his ambitions for the metaverse. Mentioned in this podcast: Passive fund ownership of US stocks overtakes active for first time Social media platforms crack down on fake news ahead of Bra...
Jun 20, 2022•11 min•Transcript available on Metacast Last month, Andy Warhol's "Shot Sage Blue Marilyn" sold for $195mn, making it the second most expensive piece of art to sell at auction, ever. And as prices keep going up, the art market — auction houses, gallerists, dealers, collectors — want to keep it that way. On the heels of a ‘stonking’ art season, we invite two heavy hitters into the studio to walk us through it: arts editor Jan Dalley and art market columnist Melanie Gerlis. Then, Christie's head of 20th- and 21st-century art, Alex Rotte...
Jun 18, 2022•34 min•Transcript available on Metacast Stocks fall following rate rises in the US, UK and Switzerland and Russia restricts gas flow to Germany, and Covid hospitalisations are up in Europe. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: Wall Street stocks tumble as UK and Switzerland follow Fed with rate rises Germans told to conserve energy as Russia cuts gas flows to Europe Covid hospitalisations rise in Europe as sub-variants fuel new wave The FT News Briefing is produced by Fi...
Jun 17, 2022•9 min•Transcript available on Metacast The Federal Reserve raised its benchmark policy rate by 0.75 percentage points for the first time since November 1994, and the European Central Bank says it will speed up work on a new policy tool to counter surging borrowing costs. Plus, billionaire investor Ray Dalio talks about the connections he's found between the rise and fall of markets and the rise and fall of nations. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: Fed raises rates by the most i...
Jun 16, 2022•10 min•Transcript available on Metacast The World Trade Organization is facing a credibility crisis during its first meeting since 2017, the increased value of the US dollar is hurting American companies, and Ukraine lays out a weapons shopping list ahead of its meeting with western defence ministers today. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: The WTO’s lonely struggle to defend global trade Rise in dollar to 20-year high costs US companies billions in earnings Military brief...
Jun 15, 2022•10 min•Transcript available on Metacast US stocks dipped into bear market territory, two major cryptocurrency players blocked withdrawals, and British prime minister Boris Johnson published legislation to make sweeping changes to trading rules for Northern Ireland. Plus, hundreds of Japanese companies have left Tokyo for the countryside — will it have a lasting effect? Note: We wanted to apologize to our listeners for not publishing a show on Monday, June 13. This was due to a technical error. Subscribe to the FT News Brief...
Jun 14, 2022•9 min•Transcript available on Metacast This week, we explore new scientific research behind: pigs! They have far more sentience and complexity than we give them credit for. Chief features writer Henry Mance joins to discuss how pigs and other animals think and feel, and the bigger questions around how we farm and eat them. Then, we look at a New York City architectural phenomenon: skinnyscrapers. Architecture critic Edwin Heathcote tells us about these new, super-thin towers that shoot up more than a quarter of a mile into the sky. H...
Jun 11, 2022•31 min•Transcript available on Metacast US consumer prices are set to have registered another large monthly advance, the European Central Bank has paved the way for a series of rate rises, and China is offering coronavirus vaccine insurance in an effort to win over sceptics and boost the vaccination rate. Mentioned in this podcast: ECB plans quarter-percentage point rate rise in July as ultra-loose policy ends China offers Covid vaccine insurance to win over jab sceptics The FT News Briefing is produced by Fiona Symon, Sonja Hut...
Jun 10, 2022•10 min•Transcript available on Metacast The chair of the US Securities and Exchange Commission has outlined plans to overhaul what he described as an “uneven” and unfair US equity market; pain in the US municipal debt market has started to subside after the worst start to the year in four decades. Plus, the FT’s Patricia Nilsson chats with Marc about the new FT podcast she co-hosts with global media editor Alex Barker, called “Hot Money: Porn, power and profit”. Subscribe to the FT News Briefing oan Apple Podcasts or Spotify Men...
Jun 09, 2022•10 min•Transcript available on Metacast Ukrainian president Volodymyr Zelenskyy said a stalemate in the war with Russia was ‘not an option’, and the London Metal Exchange has been hit by two lawsuits over the nickel short squeeze fiasco in March. Plus, the FT’s Rana Foroohar and Ed Luce talk about how Democrats and US president Joe Biden can change the narrative on the economy as midterm elections approach. Mentioned in this podcast: Ukraine’s Zelensky says stalemate with Russia ‘not an option’ LME hit by $450mn lawsuit from Ell...
Jun 08, 2022•9 min•Transcript available on Metacast Boris Johnson on Monday night survived a bruising no-confidence vote, and Elon Musk’s legal team has written to Twitter threatening to abort his $44bn acquisition. Plus, the FT’s Kiran Stacey reports on Big Techs’ big fight against an effort by US lawmakers to halt the practice of “self-preferencing”. Mentioned in this podcast: Weakened Johnson scrapes through after damaging confidence vote Elon Musk threatens to abandon $44bn Twitter takeover Big Tech pulls out all the stops to halt ‘self...
Jun 07, 2022•10 min•Transcript available on Metacast ECB governing council members are expected to support a proposal to create a new bond-buying programme if needed to counter borrowing costs for member states spiralling out of control, and in the US more investors are rebelling against high executive pay at leading companies and some are targeting individual board directors, while rightwing populists and industry sceptics mount a backlash against what they call “woke capitalism.” Mentioned in this podcast: ECB to firm up plans to ward off ...
Jun 06, 2022•9 min•Transcript available on Metacast Behind the Money, our in-depth business podcast, has just relaunched! We wanted to share one of our most recent episodes. Follow the show on Apple Podcasts , Spotify , Stitcher or Acast . On this episode, we’re diving back into the world of stablecoins for part 2 of 2 in our miniseries on crypto. This time, it’s a story filled with troubled companies and a real life fire that sends a business up in smoke. With the help of FT reporters Kadhim Shubber and Siddharth Ve...
Jun 05, 2022•26 min•Transcript available on Metacast This weekend, we're marking the Queen's Platinum Jubilee with a spirited discussion on what’s next for the Windsors. Tina Brown, author The Palace Papers , speaks with historian Simon Schama and HTSI editor Jo Ellison about the state of the royal family. As Britain celebrates 70 years of Elizabeth II on the crown, what will the royal family look like over the next decade? We bring you this conversation from the recent US FT Weekend festival stage. -------------- Want to say hi? We love hearing f...
Jun 04, 2022•26 min•Transcript available on Metacast Global investors are returning to China’s stock markets after a widespread sell-off earlier this year, and Opec and its allies on Thursday agreed to accelerate oil production in July and August. Plus, the FT’s David Pilling explains whether African countries can move away from fossil fuels and toward greener economies. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: Investors return to Chinese stocks after Covid and geopolitics triggered sharp sell...
Jun 03, 2022•11 min•Transcript available on Metacast Export controls placed on supply of chips and hardware over Moscow's invasion of Ukraine dent the prospects for Russia's economy, and the US will provide Kyiv with longer-range rocket systems. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: ‘Everything is gone’: Russian business hit hard by tech sanctions What is America’s end-game for the war in Ukraine? US to provide Ukraine with longer-range rocket systems Price of a UK pint up more than 70% since fin...
Jun 02, 2022•8 min•Transcript available on Metacast The head of EY’s US business quit the Big Four accounting firm after a power struggle with its global boss, and German police raided DWS and Deutsche Bank offices over allegations DWS misrepresented green investments. Plus, Hungary’s autocratic prime minister is trying to build a superbank to increase his financial control over the country. Subscribe to the FT News Briefing on Apple Podcasts or Spotify Mentioned in this podcast: EY’s US boss quit after clashing with global chief of Big Fou...
Jun 01, 2022•9 min•Transcript available on Metacast US chipmaker Qualcomm wants to build a stake in Arm alongside rivals, and how does commodities trader Glencore rescue its reputation after pleading guilty to multiple counts of bribery and market manipulation? Plus, Federica Cocco explains whether businesses are sticking to their diversity promises two years after the police murder of George Floyd. Mentioned in this podcast: Qualcomm eager to invest in Arm alongside rivals in upcoming IPO ‘Bribery built into the corporate culture’: can Gle...
May 31, 2022•11 min•Transcript available on Metacast The FT podcast “Behind the Money” digs into whether the tide has really turned in cryptocurrencies, and whether crypto fans will have to deal with this new “vibe” for the long haul. Mentioned in this podcast: Behind the Money: A crypto vibe shift? The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music...
May 30, 2022•10 min•Transcript available on Metacast In the 1930s, Alice Urbach wrote a beloved cookbook in Vienna. But during the Holocaust it was stolen: Aryanized, peppered with Nazi ideology and republished under someone else's name. The publisher refused to change it back for more than 85 years. Alice got her intellectual rights restored by her granddaughter Karina Urbach, a historian, who joins us to tell the story. Afterwards, we bring you a conversation with Elizabeth Strout, Pulitzer Prize winning novelist, from our recent US FT Wee...
May 28, 2022•29 min•Transcript available on Metacast China has offered “a few hundred million dollars” in lending to Sri Lanka to help alleviate a shortage of essential goods, Wall Street investors got spooked by an earnings warning from Snap, and the FT traced a massive European bank sell-off to one fund manager. Plus, Colombia looks ready to elect a former guerilla turned economist as its next president. Mentioned in this podcast: China will help us weather financial crisis, says Sri Lanka’s prime minister US stocks fall on fears of slowin...
May 27, 2022•11 min•Transcript available on Metacast