The Federal Reserve held interest rates steady, and people are now being allowed to cross the border from Gaza into Egypt. Plus, competition for foreign investment in electric vehicles is pitting the US southeast against the automotive heartland of the Midwest. Mentioned in this podcast: US Federal Reserve holds interest rates at 22-year high Egypt allows first evacuee departures from Gaza Can America’s south-east unseat Detroit as ‘Motown’ of the EV age? Investing in America live The FT N...
Nov 02, 2023•13 min•Transcript available on Metacast Sam Bankman-Fried’s fraud trial is set to wrap up today, eurozone inflation fell to its lowest level for more than two years, and Odey Asset Management is to close after allegations of sexual assault and harassment against its founder. Plus, global political leaders and tech executives will gather in the UK next week to discuss risks of artificial intelligence. Mentioned in this podcast: He said, they said: Sam Bankman-Fried jury weighs duelling accounts of FTX’s downfall Eurozone inflatio...
Nov 01, 2023•10 min•Transcript available on Metacast Israeli ground forces pushed deeper into the Gaza Strip on Monday, General Motors has reached a tentative deal with the United Auto Workers union, and the social media platform X, formerly known as Twitter, is now valued at $19bn, the company told employees. Plus, the FT’s Stefania Palma explains how Alphabet chief executive Sundar Pichai’s testimony before the US Department of Justice went on Monday. Mentioned in this podcast: The tactics behind Israel’s ground offensive US autoworker str...
Oct 31, 2023•9 min•Transcript available on Metacast Israel has expanded its ground offensive in Gaza as the country launches a new phase of its war to destroy Hamas, and seven tech companies are dominating global stocks. Plus, the FT’s Susannah Savage explains why the world is entering a rice crisis and what can be done to fix it. Mentioned in this podcast: ‘Magnificent Seven’ tech stocks drive US equity domination to new highs The return of the rice crisis Rémy Cointreau drops to three-year low as US consumers shun cognac The FT News Brief...
Oct 30, 2023•10 min•Transcript available on Metacast FTX founder Sam Bankman Fried gave a preview of his defence against fraud charges, the US is worried that Iran and its proxies will escalate attacks on American forces in the Middle East, and the FT’s Josh Franklin explains what Morgan Stanley’s leadership change means for the company. Mentioned in this podcast: Sam Bankman-Fried previews ‘advice of counsel’ defence in FTX fraud trial Morgan Stanley makes its choice: how Ted Pick won the succession race US moves to deter Iran ahead of Isra...
Oct 27, 2023•9 min•Transcript available on Metacast Mike Johnson, a loyal ally of Donald Trump, has been elected Speaker of the House of Representatives. Plus, in the first instalment of our Investing In America series, we travel to the Port of Albany to look at how money outside the US is changing the country. Mentioned in this podcast: Donald Trump ally Mike Johnson elected US House Speaker after weeks of gridlock Investing in America The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino...
Oct 26, 2023•12 min•Transcript available on Metacast Microsoft registered an unexpected rebound in growth in its Azure cloud computing platform during the third quarter, environmental campaigners have attacked a critical part of the EU’s plans to green its energy supply, and the UN's secretary-general is denouncing what he calls “clear violations” of international law” in Gaza. Plus, the FT’s Arjun Neil Alim explains why companies are turning to former diplomats for help. Mentioned in this podcast: Microsoft’s unexpected rebound in Azure cloud gro...
Oct 25, 2023•10 min•Transcript available on Metacast The EU’s top diplomat called on Monday for a pause in hostilities in order to allow aid deliveries into Gaza, and Argentine bonds tumbled after Sunday’s presidential election. Plus, the FT’s Anjli Raval explains why companies are struggling when it comes to weighing in on the Israel-Hamas war. Mentioned in this podcast: Argentina’s economy minister Sergio Massa seeks broad coalition after first-round election win Business in a bind over messaging on Israel-Hamas war EU’s top diplomat urges...
Oct 24, 2023•10 min•Transcript available on Metacast Toyota says it is close to being able to mass produce next-generation solid-state batteries, and the European Union is trying to juggle support for Ukraine and Israel. Plus, start up companies in Israel are being put to the test due to the war with Hamas. Mentioned in this podcast: Why the EU needs to join the dots between Israel and Ukraine ‘Start-up Nation’ goes to war Toyota nears mass production of solid-state batteries The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kas...
Oct 23, 2023•11 min•Transcript available on Metacast The US, Britain and Germany called on their citizens to leave Lebanon, political tensions in the UK are starting to boil over about Israel's response to Hamas's attacks, and the FT’s Michael Stott tells us why a radical outsider is the frontrunner in Argentina’s presidential election. Mentioned in this podcast: US, UK and Germany tell citizens to leave Lebanon amid fears of wider conflict Keir Starmer faces growing mutiny from within Labour over Israel-Hamas stance The radical outsider pro...
Oct 20, 2023•11 min•Transcript available on Metacast Israel will let basic humanitarian aid into Gaza through Egypt, traders have been increasing their bets against the Israeli shekel, TK Netflix, and Beijing is weighing holding up US chipmaker Broadcom’s $69bn acquisition of cloud software company VMware. Mentioned in this podcast: Joe Biden warns Israel to avoid 9/11 ‘mistakes’ Bets against shekel heap pressure on Israeli central bank Beijing considers delaying approval of $69bn Broadcom-VMware deal Access 50 per cent off of a digital subs...
Oct 19, 2023•9 min•Transcript available on Metacast Alarm is mounting in Egypt that Gaza’s deepening humanitarian crisis will be thrust across its borders, Scotland’s first minister said the country would issue its own government bonds for the first time, and big US bank earnings have been better than expected. Mentioned in this podcast: Fear of Gaza exodus looms over Egypt Scotland to issue bonds for the first time, says SNP’s Humza Yousaf BofA profits beat forecasts JPMorgan profits jump 35% on interest rate windfall Citi profits edge hig...
Oct 18, 2023•11 min•Transcript available on Metacast Poland’s rightwing party will likely be out of power after last weekend’s election, a US-led effort to allow humanitarian aid into the Gaza Strip and provide an exit from the bombarded territory for foreign nationals faltered, and the FT’s Richard Waters explains how Microsoft beat the odds and got a major acquisition approved by regulators. Mentioned in this podcast: Polish exit polls give ex-PM Donald Tusk potential route back to power Bid to open Gaza crossing falters How Brad Smith used Micr...
Oct 17, 2023•10 min•Transcript available on Metacast Israel is preparing to launch a major ground invasion of Gaza, the UK justice secretary is set to announce a controversial plan to address the chronic shortage of space in jails, and Exxon’s $60bn acquisition of a shale company could set off a wave of industry consolidation. Mentioned in this podcast: US sends second aircraft carrier as Israel prepares offensive in Gaza Residents flee Gaza City as Israel tells 1.1mn to leave British prisoners face jail time abroad under radical government ...
Oct 16, 2023•10 min•Transcript available on Metacast US inflation was higher than forecast in September, the EU has opened an investigation into X over the way disinformation is spreading on its platform after the attacks by Hamas against Israel, and FT’s Mehul Srivastava tells us about the Hamas military commander behind the deadly Israel incursion. Mentioned in this podcast: US inflation higher than expected in September EU opens probe into X over Israel-Hamas war misinformation Access 50 per cent off of a digital subscription FT.com/br...
Oct 13, 2023•9 min•Transcript available on Metacast Analysts forecast that four of the six big US banks will see Q3 profits fall year on year, Israel has been fighting on its northern border with Lebanon in addition to war with Hamas,and the star witness in the Sam Bankman-Fried trial testifies. Plus, shares in Birkenstock dropped more than 12 per cent on their first day of trading. Mentioned in this podcast: Rising interest rates curb lending growth for big US banks Birkenstock shares slip on first day of trading What links Hamas to the ‘Axis of...
Oct 12, 2023•9 min•Transcript available on Metacast Sir Keir Starmer made a pitch for the votes of disillusioned former Conservative supporters, abductions of dozens of civilians present Israel with risky options to get them back, and the EU has put its development funding to the Palestinian territories under review after Hamas’s attack on Israel. Mentioned in this podcast: Keir Starmer promises ‘national renewal’ in appeal to UK voters Hamas kidnappings leave Israeli forces with painful hostage dilemma EU to review development funding for ...
Oct 11, 2023•12 min•Transcript available on Metacast Israel imposed a “complete siege” of the Gaza Strip, the Bank of Israel said it planned to sell up to $30bn of dollar reserves to support the shekel, and EU regulators will order US biotech Illumina to sell cancer test developer Grail. Mentioned in this podcast: Israel imposes ‘complete siege’ on Gaza as Hamas threatens hostages Israel’s central bank to sell $30bn of foreign reserves to support shekel EU regulators to order Illumina to sell $8bn cancer treatment group Access 50% off of a di...
Oct 10, 2023•10 min•Transcript available on Metacast The death toll from Hamas’s unprecedented multi-front assault on Israel passed 600 on Sunday, and Germany’s conservative opposition won two decisive victories in regional elections on Sunday. Plus, the FT’s Sarah O’Connor explains how the green transition can actually translate to more jobs. Mentioned in this podcast: Audacious Hamas attack is a pivotal moment for Israel German voters turn their backs on government parties in regional elections Net zero was never going to be an easy win fo...
Oct 09, 2023•11 min•Transcript available on Metacast Economists expect that jobs growth in the US slowed again in September, and the recent sell-off in bonds might be starting to cool. Plus, artificial intelligence is cool and all, but can companies use this new tech in a way that isn’t toxic? Mentioned in this podcast: Tech companies adopt “constitutions” to keep AI systems safe Who feels the pain from the bond sell-off? US jobs growth expected to have slowed again in September Listen to the FT’s Unhedged podcast The FT News Briefing ...
Oct 06, 2023•10 min•Transcript available on Metacast Lawyers for the crypto tycoon Sam Bankman-Fried laid out their defence on Wednesday, Rishi Sunak axed the northern leg of the HS2 high-speed rail line to Manchester, and Fifa announced the location of the 2030 World Cup. Mentioned in this podcast: Spain, Portugal and Morocco to host 2030 football World Cup Sam Bankman-Fried committed ‘fraud on a massive scale’, prosecutors allege Rishi Sunak axes northern leg of HS2 in flurry of ‘radical’ decisions The FT News Briefing is produced by Fiona...
Oct 05, 2023•10 min•Transcript available on Metacast Kevin McCarthy has been ousted as Speaker of the House of Representatives, the yield on 30-year US Treasuries hit a 16-year peak on Tuesday, India has told Canada to withdraw dozens of diplomats from the country and the Financial Times’ Tom Hale discusses the murky future of China’s Evergrande property group. Mentioned in this podcast: Kevin McCarthy ousted as House Speaker by Republican rebels ‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woes India tells C...
Oct 04, 2023•10 min•Transcript available on Metacast Kristalina Georgieva backs reforms to the IMF that could eventually give more power to China, regulators are calling for more transparency for ESG rating agencies, and record numbers at this year’s Oktoberfest are a bright spot for the German economy. Mentioned in this podcast: AN ESG DATA Germans shrug off economic gloom at booming Oktoberfest Brussels to unfreeze Hungary funds as it seeks help for Ukraine IMF head backs reforms that could give China more voting power CLIPS: The Independe...
Oct 03, 2023•9 min•Transcript available on Metacast US lawmakers were able to avert a shutdown over the weekend, Slovakia’s election results are adding pressure to the EU’s unity around the war in Ukraine, and Brazil says its oil exploration and green ambitions aren’t contradictory. Clips: CNN, AP Mentioned in this podcast: Brazil minister says oil and green ambitions are not contradictory Cooling UK labour market claims jobs in construction and retail US lawmakers pass short-term deal to avoid government shutdown Robert Fico wins Slovakia ...
Oct 02, 2023•10 min•Transcript available on Metacast A hardware revolution in recording devices and a software revolution in artificial intelligence has convinced some scientists that humans will eventually be able to ‘translate’ animal and even plant sounds into human language. But what would be the consequences of humans learning to ‘speak whale’, chat with bats or converse with elephants? The FT’s innovation editor John Thornhill and producer Persis Love explore the ethics of potential human-to-animal communication. Presented by John Thornhill,...
Sep 30, 2023•25 min•Transcript available on Metacast European government bond prices dropped sharply as investors took fright at Italy’s larger than expected budget deficit, optimism for the IPO market seems to be fading, and the FT’s Colby Smith explains the economic impact of US student loan payments restarting. Mentioned in this podcast: European bond market hit by Italy’s plans for higher borrowing Rising headwinds threaten US economy’s resilience Instacart and Arm shares lose steam after IPO pops Millions of US borrowers brace for the r...
Sep 29, 2023•9 min•Transcript available on Metacast Global dealmaking is languishing at a 10-year low, western companies are insulating their China operations, and Chinese battery groups are avoiding or delaying direct investments in the US and Europe because of geopolitics. Mentioned in this podcast: Dealmaking languishes at decade low on private equity drought Chinese battery groups invest in Morocco to serve western markets Western companies take slow steps towards China ‘de-risking’ Vote for FT podcasts in the Lovie Awards ! The F...
Sep 28, 2023•10 min•Transcript available on Metacast The US Federal Trade Commission has accused Amazon of wielding monopolistic control over online markets, JPMorgan Chase said it settled lawsuits related to its dealings with Jeffrey Epstein’s human trafficking operation, and the FT’s Lauren Fedor explains what’s at stake with a looming US government shutdown. Plus, sterling hit a six-month low against the dollar. Mentioned in this podcast: FTC lawsuit accuses Amazon of wielding monopoly power over online retail JPMorgan settles Jeffrey Eps...
Sep 27, 2023•9 min•Transcript available on Metacast The writers strike hitting Hollywood looks like it’s nearing a close and the FT’s Brooke Masters explores whether recent CEO departures could be a signal of a second #MeToo wave. Plus, a sexual abuse scandal has shaken up Japan’s entertainment industry. Mentioned in this podcast: Sex, lies and magical thinking about CEO behaviour Japanese boy band abuse scandal rocks entertainment industry The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additi...
Sep 26, 2023•9 min•Transcript available on Metacast Russia has succeeded in avoiding G7 sanctions on most of its oil exports, Poland is calling for less support for Ukraine, China’s answer to the World Bank wants to commit more money to climate, and the restaurant group, Big Mamma, is going global thanks to private equity. Mentioned in this podcast: Russia dodges G7 price cap sanctions on most of its oil exports A tug of war in Poland and Slovakia ‘China’s World Bank’ plans to triple climate change lending by 2030 Big Mamma restaurant group...
Sep 25, 2023•10 min•Transcript available on Metacast