The US, Taiwan and Japan will share real-time data from naval reconnaissance drones, India’s deadliest train accident happened despite years of investment, and an architect-developer duo in Baltimore, Maryland, are converting an historic office building into residential housing. But how much can it ease the housing shortage? Mentioned in this podcast: US to link up with Taiwan and Japan drone fleets to share real-time data India’s surging rail investment fails to avert disaster Turning off...
Jun 08, 2023•10 min•Transcript available on Metacast The UK Cabinet Office will tell central government departments to remove all surveillance equipment made by Chinese companies from sensitive sites; and the venture capital giant Sequoia Capital is splitting its China business into a separate entity amid rising tensions between Washington and Beijing. Plus, the destruction of a dam on the front lines of the war in Ukraine has flooded entire towns and forced tens of thousands of people to evacuate. Mentioned in this podcast: UK to strip Chin...
Jun 07, 2023•8 min•Transcript available on Metacast US securities regulators yesterday sued the world’s largest crypto exchange and accused Binance of a host of violations, sliding German butter prices are spreading hope of lower food inflation, and global carmakers have been caught off guard by the speed of China’s shift to electric vehicles. Mentioned in this podcast: Crypto exchange Binance sued by SEC in latest blow from US regulators Sliding German butter prices spread hope of lower food inflation China’s car market has become a ...
Jun 06, 2023•8 min•Transcript available on Metacast Saudi Arabia is cutting oil production, Turkey has a new finance minister and Apple is unveiling a mixed-reality headset today. Plus, the FT’s Kaye Wiggins explains how Asda has been able to take on enormous debt and whether its luck is about to change. Mentioned in this podcast: Virtual reality start-ups pin hopes on Apple to lure back funding Saudi Arabia seeks to boost oil price with output cut of 1mn barrels a day Asda chair defends £2.3bn deal for UK operations of sister group EG Turk...
Jun 05, 2023•11 min•Transcript available on Metacast A special live recording of the FT News Briefing at the FT Weekend Festival in Washington, DC. Our terrific colleagues played a friendly game of news trivia, and the FT’s Ethan Wu gave us a preview of his new podcast Unhedged , which comes out June 13. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s ...
Jun 04, 2023•24 min•Transcript available on Metacast In this second episode of Martin Wolf’s series, the renowned FT columnist and economist speaks to Larry Diamond, a leading contemporary scholar in the field of democracy studies and a senior fellow in global democracy at the Freeman Spogli Institute for International Studies at Stanford University. Drawing on arguments in Martin’s latest book, The Crisis of Democratic Capitalism, they discuss what’s behind a deepening global ‘democratic recession’. Links Martin Wolf: in defence of democratic cap...
Jun 03, 2023•43 min•Transcript available on Metacast Binance has lost a quarter of its market share, the US government is on the verge of passing a deal to raise the debt ceiling, and Eurozone inflation has fallen more than economists expected to hit its lowest level since Russia’s invasion of Ukraine. Plus, Ukraine’s attacks such as the Moscow drone strikes are seen as ‘magician’s sleight of hand’ that deceives the Kremlin and derails Russia’s plans. Mentioned in this podcast: Binance loses market share after regulatory clampdown Chuck Schu...
Jun 02, 2023•9 min•Transcript available on Metacast The US House of Representatives voted to raise the debt ceiling last night. Plus, in part two of our housing series, the FT’s Persis Love explores a niche solution to skyrocketing rents in the UK, called homesharing. Mentioned in this podcast: US closer to avoiding historic default as House advances debt ceiling bill Homesharing offers a cheaper alternative to rental accommodation The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Sm...
Jun 01, 2023•9 min•Transcript available on Metacast China has called for “stable and constructive” ties with the US in a meeting with Elon Musk and some Wall Street companies are building their own digital markets trading platforms to compete with crypto companies. Plus, the FT’s Nicholas Megaw explains why investment funds have become a bigger insider trading risk for US lawmakers than buying shares in a single company. Mentioned in this podcast: Wall Street ready to take on established crypto companies US Congress: how investment funds be...
May 31, 2023•9 min•Transcript available on Metacast Democrats and Republicans are confident they can pass a deal to avert a US debt default, the lira slides after Turkish president Recep Tayyip Erdoğan is re-elected, and ageing populations are causing government credit ratings to take a hit. Mentioned in this podcast: Debt ceiling fight shifts to Congress as lawmakers prepare for first votes Turkey’s lira weakens as economists warn of economic challenge Ageing populations ‘already hitting’ governments’ credit ratings The FT News Briefing is...
May 30, 2023•10 min•Transcript available on Metacast In the first of this four-part series, the renowned FT columnist and economist Martin Wolf tells the FT’s executive opinion editor Jonathan Derbyshire why he fears the marriage of liberal economics and democracy may be facing its toughest test in decades. Drawing on arguments in his latest book, The Crisis of Democratic Capitalism, Martin explains how his own life story and career have shaped his views. Want more? Martin Wolf: in defence of democratic capitalism For Martin’s FT columns click her...
May 29, 2023•47 min•Transcript available on Metacast More large US companies are taking shelter in bankruptcy court, Nvidia is on course to become the first chipmaker to be valued at more than $1tn, and Turkish voters go back to the polls to pick their next president. Mentioned in this podcast: US credit squeeze triggers rise in corporate bankruptcies Nvidia races towards $1tn club as AI frenzy drives chip stocks higher The latest on Turkish elections The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’...
May 26, 2023•9 min•Transcript available on Metacast UK gilt yields hit levels not seen since last year’s “mini” Budget crisis, and Australia’s government has referred a PwC tax leak scandal to the country’s federal police. Plus, in part one of our series on housing, the FT’s Sonja Hutson looks at why there are so few homes on the US market. Mentioned in this podcast: Gilt yields soar towards ‘mini’ Budget levels after inflation disappoints Australian government refers PwC tax leaks scandal to police The FT News Briefing is produced by Fiona...
May 25, 2023•12 min•Transcript available on Metacast A double-digit drop in German exports to China has rattled Europe’s biggest economy and the UK is set to lose a high-profile solar power investment. Plus, the FT’s Harry Dempsey explains why investors and central banks are piling into the gold market. Mentioned in this podcast: Big drop in German exports to China raises fears over EU’s industrial powerhouse UK set to lose solar investment after developer criticises lack of incentives Why investors are going gaga for gold The new gold boom: how l...
May 24, 2023•8 min•Transcript available on Metacast China’s semiconductor industry fears Japanese curbs on exports of crucial chipmaking equipment are stricter than US limits, Meta has been hit with a €1.2bn fine by the EU for privacy violations, and the Adani Group is trying to woo investors after a series of allegations from short-seller Hindenburg. Mentioned in this podcast: China fears Japan’s chipmaking curbs go further than US restrictions Facebook owner Meta hit with record €1.2bn fine over EU-US data transfers Adani seeks to woo ban...
May 23, 2023•8 min•Transcript available on Metacast Florida governor Ron DeSantis is expected to launch his campaign for US president this week, China has banned operators of key infrastructure from buying chips from US chipmaker Micron Technology, and Morgan Stanley is searching for a new CEO after James Gorman announced that he’s stepping down. Plus, the FT’s Sylvia Pfeifer explains how the war in Ukraine has put a spotlight on tech-led defence companies. Mentioned in this podcast: Ron DeSantis struggles for lift-off as campaign launch ne...
May 22, 2023•11 min•Transcript available on Metacast The US Supreme Court rules to protect big tech companies from being liable for users’ posts, and G7 countries are preparing new sanctions against Russia. Plus FT technology reporter Cristina Criddle learned that TikTok spied on her. She talks about her experience. Mentioned in this podcast: Supreme Court sides with tech giants over legal shield for content TikTok spied on me. Why? G7 host Japan seeks unity on threat from China The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Mar...
May 19, 2023•10 min•Transcript available on Metacast Ukraine’s allies worry that support from the US will lose steam during next year’s election cycle, and Japan’s stocks are reaching new highs. Plus, the European Central Bank is big on a digital currency. Europeans? Not so much. Mentioned in this podcast: Ukraine’s allies fear military support will fade in US election year Japan stock index hits 33-year high as investors warm to Tokyo story The digital euro: a solution seeking a problem? The FT News Briefing is produced by Fiona Symon, Sonja Huts...
May 18, 2023•8 min•Transcript available on Metacast The Federal Trade Commission sued to block the biotechnology company Amgen’s $28.3bn deal to acquire Horizon Therapeutics, Italy is struggling to spend €200bn in EU Covid recovery funds, and Ukraine said it repelled an unprecedented barrage of Russian missiles over Kyiv. Mentioned in this podcast: FTC warns of ‘rampant’ pharma consolidation as it targets $28bn Amgen deal Italy overhauls plans for €200bn in EU Covid recovery funds Ukraine says it repelled ‘exceptional’ barrage of Russian mi...
May 17, 2023•10 min•Transcript available on Metacast Ford plans to reduce its future investment in China, and prominent investors are upset with the record number of share buybacks. Plus, the FT’s Eleni Varvitsioti explains that Greece’s economic recovery has come at a cost to some of its citizens. Mentioned in this podcast: Ford to scale back China investments amid EV competition from local rivals Greece’s ‘greatest turnround’: from junk to investment grade Record buyback spree attracts shareholder complaints Krispy Kreme boss shrugs off UK...
May 16, 2023•8 min•Transcript available on Metacast Turkish leader Recep Tayyip Erdoğan and rival Kemal Kılıçdaroğlu are locked in a tight battle for the presidency as the election count suggested rising odds of an unprecedented second round, Argentina today will announce a new round of emergency government measures, Twitter's new CEO could mend relations with advertisers who have paused spending on the social media site, and big infrastructure projects have led to soaring demand for the world’s most used natural material, sand. Mentioned in this...
May 15, 2023•8 min•Transcript available on Metacast Elon Musk says he’s hired a new CEO for Twitter, and Turkey heads to the polls this weekend for what analysts say is the biggest presidential election there in decades. Plus, the FT’s Katie Martin and Jennifer Hughes explain what the US debt ceiling fight is doing to Treasury markets. Mentioned in this podcast: Elon Musk says he has found a new Twitter CEO EU plans Black Sea internet cable to reduce reliance on Russia Turkish presidential candidate İnce quits race days before vote Turkey: ...
May 12, 2023•10 min•Transcript available on Metacast Disney sharply reduced its losses from video streaming in the second quarter, US inflation dipped to its lowest level since April 2021, and the FT’s Joe Leahy explains China’s crackdown on foreign business due diligence firms, including Capvision, Bain and Mintz. Mentioned in this podcast: Disney shaves streaming losses as subscription fees rise US inflation eases to 4.9% in April as Fed tightening takes effect China raids multiple offices of international consultancy Capvision Spotify eje...
May 11, 2023•8 min•Transcript available on Metacast Donald Trump has been found liable for the sexual abuse of a journalist in a Manhattan department store in the 1990s, Ireland plans to set up a sovereign wealth fund with its bumper budget surpluses, and China’s foreign minister has condemned EU proposals to impose sanctions on Chinese companies for supporting Russia’s war machine. Plus, the FT’s Hannah Murphy talks about one of the latest challengers to Twitter, Jack Dorsey’s Bluesky. Mentioned in this podcast: Donald Trump found liable in civi...
May 10, 2023•8 min•Transcript available on Metacast The Bank of England is set to raise interest rates to their highest level since 2008 this week, and investors are worried about the impact of rising rates on US commercial real estate. Plus, the FT’s James Kynge explains the decline in Chinese investment into Europe. Mentioned in this podcast: Bank of England set to raise rates to highest level since 2008 US lenders warned that commercial property is ‘next shoe to drop’ Chinese investment in Europe falls as watchdogs increase scrutin...
May 09, 2023•8 min•Transcript available on Metacast The G7-led price cap on Russian oil exports has forced the Kremlin to raise the tax burden on producers, and education companies are struggling after a warning over ChatGPT. Plus, the FT’s deputy Washington bureau chief Lauren Fedor explains what’s at stake if the US doesn’t raise its debt ceiling. Mentioned in this podcast: Russia’s energy sector hit as Kremlin forced to increase tax Debt ceiling diehard in rural Virginia vows to ‘call Democrats’ bluff’ Yellen warns of ‘constitutional cri...
May 08, 2023•9 min•Transcript available on Metacast Apple said on Thursday that revenues shrank for a second straight quarter, the European Central Bank raised interest rates by a quarter of a percentage point, and US regional banks suffered severe stock declines. Mentioned in this podcast: ECB raises rates as Lagarde warns of ‘more ground to cover’ Western Alliance shares recover after it denies report of potential sale What’s changed for regional banks this week? Apple reports weaker revenue for a second straight quarter Ed Sheeran wins ‘...
May 05, 2023•8 min•Transcript available on Metacast The US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point, Russia accused Ukraine of attempting to assassinate President Vladimir Putin in a late-night drone attack on the Kremlin, and local elections in the UK are a major test for the largest two parties as they prepare for a general election next year. Mentioned in this podcast: Fed implements quarter-point rate rise and signals potential pause Russia accuses Ukraine of attempting to assassinate Vladimi...
May 04, 2023•10 min•Transcript available on Metacast The rescue of First Republic this week has failed to stop a sell-off in regional bank shares, Apple experienced a big boost in demand in India driven by a surge in refurbished iPhone sales, and European banks are hoping to scoop up some of Credit Suisse’s business now that the lender has been bought by UBS. Mentioned in this podcast: First Republic rescue fails to arrest slide in US regional bank shares Refurbished iPhones boost Apple’s share of Indian market Deutsche Bank plans to beef up...
May 03, 2023•9 min•Transcript available on Metacast Chinese initial public offerings have raised more than five times as much money as those in the US this year, and Germany’s lawmakers are set to pass immigration reforms to address a worsening skills shortage. Plus, the FT’s Brooke Masters unpacks the deal for First Republic and what’s in it for JPMorgan. Mentioned in this podcast: China dominates global IPO market as Wall Street fails to rebound JPMorgan to acquire First Republic’s deposits as US regulators step in Germany looks to immigration ...
May 02, 2023•11 min•Transcript available on Metacast 
