The EU is considering a windfall tax for energy companies, Zambia’s IMF bailout is a test for countries that have defaulted on Chinese debt, and US regulators are cracking down on bankers’ use of messaging apps. Mentioned in this podcast: EU plans windfall tax to counter ‘astronomic’ energy bills Zambia’s $1.3bn IMF bailout to test how China handles defaults Wall Street’s $1bn messaging ‘nightmare’ The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s...
Sep 07, 2022•9 min•Transcript available on Metacast Liz Truss will be the next UK prime minister after winning the Tory leadership race, Opec+ agreed on Monday to cut crude supply in a bid to prop up oil prices, Russia switched off Europe’s main gas pipeline until sanctions are lifted, and Singapore has become a haven for Chinese elite who are fleeing strict coronavirus lockdowns and potential blowback from geopolitical tensions. Mentioned in this podcast: Brussels pushes for EU-wide caps on gas price Liz Truss to be UK prime minister ...
Sep 06, 2022•10 min•Transcript available on Metacast The oil producing cartel is meeting today and will consider a cut in oil supply to prop up prices, and UK Conservative Party members will vote today on a new leader to replace Boris Johnson. Plus, the FT’s Jemima Kelly tells us about the the passion of crypto believers she met for this season of the FT’s Tech Tonic podcast. Mentioned in this podcast: Liz Truss promises economic action from Day 1 of premiership Oil supply cuts on table as Opec+ meets amid crude sell-off Tech Tonic: A scepti...
Sep 05, 2022•11 min•Transcript available on Metacast This week, guest host Topher Forhecz is joined by Los Angeles bureau chief Chris Grimes to hear about the future of TV's streaming wars. Since the pandemic, streaming services have poured huge amounts of money into new content, but it's unclear how long this boom will last. Then, we talk to Nature Therapy columnist Jonathan Guthrie about bees. He's estimated that we owe bees nearly $160bn for their pollination services. What's at stake if we can't repay that debt? ------- Want to stay in t...
Sep 03, 2022•29 min•Transcript available on Metacast The US releases the latest jobs numbers today and analysts expect the pace of positions added to have slowed in August, eurozone unemployment fell to an all-time low of 6.6% of the workforce, the cruise industry is recovering from the pandemic but the industry now faces resistance from politicians and climate activists, and US officials have told semiconductor maker Nvidia it will need special licences to sell high-end processors to Chinese customers. Mentioned in this podcast: US Jobs gro...
Sep 02, 2022•10 min•Transcript available on Metacast Russia has halted the flow of gas through the Nord Stream 1 pipeline to Europe for three days, and the EU has agreed to suspend a visa deal with Moscow. Plus the FT’s John Paul Rathbone explains why Ukraine’s counter-offensive in the south of the country could be a gamechanger in the war. Mentioned in this podcast: Russia shuts down Nord Stream gas pipeline to Europe EU rips up Russia visa deal in victory for eastern member states Military briefing: Ukraine makes its move with Kherson coun...
Sep 01, 2022•11 min•Transcript available on Metacast The world’s second-largest cinema chain incorrectly reported the identity of its largest shareholder, and ExxonMobil is contesting Vladimir Putin’s decree blocking the oil company from exiting Russia. Plus, economists are debating the impact that US president Joe Biden’s student loan forgiveness programme will have on inflation. Mentioned in this podcast: Cineworld incorrectly reported its largest shareholder ExxonMobil contests Kremlin decree blocking its pullout from Russia Joe Bid...
Aug 31, 2022•10 min•Transcript available on Metacast Morgan Stanley has tapped a lawyer to keep an eye on its block trading, and airlines are bracing for a chilly winter. Plus, Liz Truss, the frontrunner to be UK prime minister, has been talking tough with US officials but is likely to keep UK-US ties on track. Mentioned in this podcast: Morgan Stanley orders internal lawyer to supervise block trading desk Airlines braced for grim winter as slowdown threatens recovery Inside Liz Truss’s not so special relationship with the US New York ...
Aug 30, 2022•8 min•Transcript available on Metacast Financial markets are bracing for a longer period of high interest rates, EU foreign ministers are set to suspend the bloc’s visa facilitation agreement with Moscow, and Alibaba is trying to manoeuvre a rebound. Plus, the FT’s Stefania Palma explains why the US antitrust officials are targeting the $10 tn private equity industry. Mentioned in this podcast: Jay Powell says Fed will ‘keep at it’ in hawkish inflation speech Investors expect higher rates to persist after hawkish Jay Powell end...
Aug 29, 2022•10 min•Transcript available on Metacast In the second episode of the latest season of Tech Tonic, FT columnist and host Jemima Kelly tries to understand why an influential Silicon Valley investment firm thinks that Web 3 is a good bet. Will blockchain technology really be the foundation of a new internet era? Is Web 3’s promise to decentralise the internet going to pose a challenge to companies such as Facebook and Twitter? The FT’s innovation editor John Thornhill interviews Chris Dixon, head of Andreessen Horowitz’s crypto fund, and...
Aug 28, 2022•26 min•Transcript available on Metacast FT Weekend has its own podcast feed! For more content, subscribe to ' FT Weekend ' wherever you listen. This weekend, we meet a British pioneer of sound design. Errol Michael Henry invites us to the Air-Edel studios in London to show us how a song gets made. Errol is one of the few black sound designers in the UK. He’s been producing music through his independent label, Intimate Records, since the 1980s. He breaks down how he creates his distinct sound, layer by layer. Then, we explore what make...
Aug 27, 2022•32 min•Transcript available on Metacast Finland will host talks with Sweden and Turkey for talks on the Nordic countries’ Nato membership bids, and we’ll take a look at the ins and outs of Revlon’s bankruptcy. Plus, the FT’s Benjamin Parkin recently visited Afghanistan and reports back what it has been like there a year since the Taliban regained control. Mentioned in this podcast: Finland and Sweden hold talks with Turkey to push Nato bid Revlon bankruptcy becomes a fight over memes FT Series: a year under the Taliban Behi...
Aug 26, 2022•11 min•Transcript available on Metacast Hedge funds have lined up the biggest bet against Italian bonds since the global financial crisis, Japan is looking to rebuild its nuclear energy capacity, and Blackstone has joined the bidding to buy Pink Floyd’s music. Plus, the FT’s Colby Smith looks at how the Federal Reserve handled inflation in the past and whether chair Jerome Powell can engineer a soft landing this time around. Mentioned in this podcast: Japan set for new nuclear plans in post-Fukushima shift Powell to face ...
Aug 25, 2022•9 min•Transcript available on Metacast Today marks six months since Russia launched its full-scale invasion of Ukraine, a Twitter whistleblower says the company hid security flaws and fake accounts, and the waters off the coast of Somalia are no longer high risk for shipping Mentioned in this podcast: They dig, and dig and dig: Russia entrenched in Ukraine six months into war Twitter covered up security flaws and fake accounts, says whistleblower Shipping industry says piracy off coast of Somalia is no longer a threat The...
Aug 24, 2022•10 min•Transcript available on Metacast Ben & Jerry’s lost a legal dispute with its parent company over sales in Israel and investors are sceptical about this summer’s equities rally. Plus, the FT’s Madison Darbyshire talks about how a 20-year-old American college student made $110mn betting on a meme stock. Mentioned in this podcast: How a 20-year-old student made $110mn riding the meme stock wave Investors fret over durability of summer rally in US markets Ben & Jerry’s loses attempt to block ice cream sales in ...
Aug 23, 2022•10 min•Transcript available on Metacast Apple employees are pushing back against the iPhone maker’s call for workers to return to the office next month, and major droughts across the globe are having a significant impact on everything from agriculture to tech. Plus, the FT’s Sam Agini explains what a potential deal for Manchester United would mean for the football club. Mentioned in this podcast: Group of Apple employees pushes back against return-to-office order Climate graphic of the week: Record lows ...
Aug 22, 2022•9 min•Transcript available on Metacast A new season of Tech Tonic asks whether crypto and its supporting technology - the blockchain - have a future following a market crash. In the first episode of this five-part series, FT columnist and host Jemima Kelly casts a sceptical eye on what led to the boom in digital assets and their subsequent collapse. She assesses the damage with the FT’s digital assets correspondent Scott Chipolina, and hears from big-time bitcoin investor Michael Saylor, Dogecoin co-creator Jackson Palmer, and crypto...
Aug 21, 2022•27 min•Transcript available on Metacast FT Weekend has its own podcast feed! For more content, including our special Food & Drink mini-series, search ' FT Weekend ' where you listen to podcasts and subscribe there. This weekend, we go to Ukraine. FT columnist Gillian Tett introduces us to the tech entrepreneurs and engineers who have built strong links with Silicon Valley and western tech companies over the past few decades. These connections are helping them fight what she calls an ‘open source war’ against Russia. Then, data jou...
Aug 20, 2022•29 min•Transcript available on Metacast Middle East states are expected to bring in $1.3tn in additional oil revenues, big US retailers posted quarterly earnings this week and results were mixed, scientists have discovered a way to destroy harmful “forever chemicals”. Plus, we’ll look at the longlist for this year’s FT Business Book of the Year award. Mentioned in this podcast: Middle East states set for $1.3tn oil windfall, IMF says Walmart and Home Depot ease fears of recession even as inflation persists Target’s profit t...
Aug 19, 2022•11 min•Transcript available on Metacast Federal Reserve officials discussed the need to keep interest rates at levels that restrict the economy “for some time” in a bid to contain inflation, Short-term UK borrowing costs surged to the highest level since 2008, and Tencent posts its first quarterly revenue fall. Plus, the collapse of Chinese food delivery app, Miss Fresh, could be a cautionary tale for other tech giants in China. Mentioned in this podcast: Fed officials signal restrictive rates may be needed ‘for some time’ UK bo...
Aug 18, 2022•9 min•Transcript available on Metacast Amazon has accused the FTC of harassing top executives as part of an antitrust investigation, hedge fund Elliott Management has dumped almost all of its shares in SoftBank, and Harvard will offer tuition-free MBA programs to low-income students. Plus, the man who blew up WeWork, Adam Neumann, has a new real estate venture that’s attracted a major investment from Silicon Valley royalty. Mentioned in this podcast: Amazon accuses FTC of harassing executives including Jeff Bezos and Andy Jassy...
Aug 17, 2022•10 min•Transcript available on Metacast Elections officials in Kenya announced a winner in last week’s presidential election but the result is being challenged , Iran denies involvement in the stabbing of controversial author Salman Rushdie, and China cut a crucial lending rate for the first time since January. Plus, we look at how the private equity industry evolved from a group of mercenary dealmakers to co-operative rivals. Mentioned in this podcast: William Ruto wins Kenya’s presidential election Iran denies linked to R...
Aug 16, 2022•10 min•Transcript available on Metacast Saudi Arabia has agreed to renew a three billion dollar deposit at Pakistan’s Central Bank, Saudi Aramco reported record profits, and an expected US tax on stock buybacks isn’t expected to have a big impact on earnings. Plus, Mexico’s president wants beer makers in the north to cut back due to the region’s drought. Mentioned in this podcast: Saudi Arabia renews $3bn deposit to Pakistan Saudi Aramco hits fresh profit record as high energy prices deliver windfall Meet the new taxes Mexico pr...
Aug 15, 2022•8 min•Transcript available on Metacast For more FT Weekend content, including our special Food & Drink mini-series, search 'FT Weekend' where you listen to podcasts and subscribe there. This week Lilah goes to Savannah, Georgia, to visit chef Mashama Bailey. Mashama recently won Outstanding Chef at the James Beard Awards. Since 2014, she has been chef and partner at The Grey, a restaurant located in a formerly segregated bus station. And she has been redefining American food by reclaiming its African-American roots. But because s...
Aug 13, 2022•32 min•Transcript available on Metacast US lawmakers are set to pass a $700bn spending bill, activity on European corporate bond markets has slowed to a near standstill and US initial public offerings have ground to a halt. Plus, Ben & Jerry’s is in a legal battle with parent company Unilever over sales in the disputed West Bank and East Jerusalem. Mentioned in this podcast: Corporate lawyers take it easy as US IPO market dries up Unilever stops paying Ben & Jerry’s board members in Israel dispute The FT News Briefing is...
Aug 12, 2022•11 min•Transcript available on Metacast US stocks rallied after the latest US inflation report showed price rises slowed in July, Disney beat analyst expectations and added 15mn subscribers to its Disney+ streaming service, and social media companies want livestreams to be the future of shopping. Mentioned in this podcast: Disney’s streaming business defies industry gloom US inflation eased slightly in July on lower petrol prices US stocks and bonds rally after lower than forecast inflation data Social media’s big bet: the ...
Aug 11, 2022•9 min•Transcript available on Metacast Taiwanese national security officials want to force Apple supplier Foxconn to unwind an $800mn investment in a Chinese chip company, and corporate America is fuming over president Joe Biden’s economic package. Plus, we have a military update on the war in Ukraine, and how tennis legend Serena Williams plans to spend her retirement. Mentioned in this podcast: Taiwan security officials want Foxconn to drop stake in Chinese chipmaker Corporate America fumes over Biden’s tax and climate packag...
Aug 10, 2022•10 min•Transcript available on Metacast China’s extended military drills around Taiwan are stoking fears of a drawn-out period of heightened tension and investors are split over whether the recent US tech rally will continue. Plus, the FT’s Jude Webber explains how taxes from the tech sector are helping Ireland’s economy against a recession. Mentioned in this podcast: US pledges further $1bn in military aid for Ukraine China extends military drills around Taiwan Tech sector tax windfall shores up Ireland’s economy against recess...
Aug 09, 2022•9 min•Transcript available on Metacast Investors are selling stakes in private equity and venture capital funds at the fastest pace on record so far this year, and earnings at companies such as Uber and Lyft are surging. Plus, the FT’s Patrick McGee reports that more than a dozen employees, past and present, say Apple’s HR team mishandled claims of harassment and misconduct. 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...
Aug 08, 2022•10 min•Transcript available on Metacast This week, we talk to the author Elif Batuman about her new novel ‘Either / Or’. The book is set in the 1990s, and follows Elif’s fictionalised alter ego, Selin, as she navigates life as a Harvard student. Elif reflects on looking back at the ’90s from a contemporary perspective and talks about what we’ve learnt since. Then, we hear about feedback from deputy FT Magazine editor Esther Bintliff. We live in a culture obsessed with feedback. But wha...
Aug 06, 2022•35 min•Transcript available on Metacast 
