Poland secures EU concession to limit food exports from Ukraine, Ron DeSantis ends his bid for the White House, investors turn to BlackRock and Fidelity for new crypto products, the US oil and gas industry is struggling to recruit Gen Z workers, and AI dominates Davos. Mentioned in this podcast: US bitcoin ETFs pull in $871mn in first three days of trading The US shale magnate trying to sell oil and gas jobs to Generation Z The top takeaways from this year’s World Economic Forum Poland secures E...
Jan 22, 2024•12 min•Transcript available on Metacast UK chancellor Jeremy Hunt has signalled he wants to cut taxes further in the coming months, the conflict in the Red Sea is rekindling fears over oil and inflation, and the FT’s Anjana Ahuja says scientists have developed artificial intelligence models to predict how long people will live. Mentioned in this podcast: UK chancellor signals he wants more tax cuts before election Why US strikes in Middle East are rekindling fears over oil and inflation Could an AI ‘death calculator’ actually be...
Jan 19, 2024•11 min•Transcript available on Metacast A top IMF official has warned that central banks need to move cautiously on cutting rates this year, BP has appointed interim boss Murray Auchincloss as its permanent chief executive, and Rishi Sunak quelled a rightwing Conservative revolt over his flagship Rwanda asylum bill. Plus, the FT’s Joe Leahy explains why China’s population decline accelerated in 2023 as its economy grew at one of the lowest rates in decades. Mentioned in this podcast: IMF official warns central banks against fuel...
Jan 18, 2024•10 min•Transcript available on Metacast Wage growth is slowing in the world’s largest economies, a federal judge stopped JetBlue’s planned deal to buy Spirit Airlines, and the EU’s tax on ‘dirty’ imports could fragment global trade. Plus, the FT’s Lauren Fedor explains the uphill battle for the Republican presidential nomination that Nikki Haley and Ron DeSantis are facing. Mentioned in this podcast: Wage growth slows in world’s major economies How global trade could fragment after the EU’s tax on ‘dirty’ imports JetBlue’s $3.8b...
Jan 17, 2024•11 min•Transcript available on Metacast Red Sea shipping route remains dangerous. What's behind Chinese carmaker BYD's success in the electric vehicle market? And new figures show Germany was the world’s weakest-performing major economy last year. Mentioned in this podcast: Germany was worst-performing major economy last year China’s electric vehicle dominance presents a challenge to the west Wang Chuanfu, the driving force behind BYD’s rise The FT News Briefing was produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Persis Love...
Jan 16, 2024•9 min•Transcript available on Metacast Taiwan’s presidential election shows that voters are willing to defy China, the 2024 US presidential election kicks off today, and American banks say that American consumers are in good shape. Mentioned in this podcast: What Taiwanese voters’ defiance means for China Banks say US consumers in good shape but poll shows Biden gets no credit Iowa poll shows Trump far ahead of rivals in Republican race Credit: CBS News The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Brouss...
Jan 15, 2024•11 min•Transcript available on Metacast The US and the UK have carried out military strikes against Iran-backed Houthi rebels, US inflation numbers for December cool expectations for interest rate cuts in March. Plus, the FT’s Tom Wilson explains why the world’s biggest mining project took so long to get off the ground and whether it was worth the headache. Mentioned in this podcast: US and UK launch strikes against Houthi rebels in Yemen Buckle up — the inflation battle is entering a new phase World’s biggest mining project to ...
Jan 12, 2024•12 min•Transcript available on Metacast US President Joe Biden plans to send a high-level delegation to Taipei after the election in Taiwan on Saturday, the US Securities and Exchange Commission has approved the first spot bitcoin exchange traded funds, and the Iran-backed militant group known as the Houthis are stepping up its attacks in the Red Sea. Mentioned in this podcast: Joe Biden to send delegation to Taipei after Taiwan’s election Taiwan’s pivotal vote: China casts shadow over island’s election SEC approves first spot b...
Jan 11, 2024•11 min•Transcript available on Metacast Chinese companies are resorting to chips repurposed from standard PC gaming products to develop artificial intelligence tools, and Charles Michel’s run for European parliament is causing a scramble to replace him. Plus, a new TV show is firing Brits up over a decades-old post office scandal. Mentioned in this podcast: Chinese companies resort to repurposing Nvidia gaming chips for AI How Charles Michel’s parliament plan fires up the EU’s top job battle How a Post Office drama galvanised Br...
Jan 10, 2024•11 min•Transcript available on Metacast Shares in Boeing and supplier Spirit AeroSystems tumbled after a mid-flight accident, and tens of thousands of Afghan women and girls have been able to join online study programmes despite the Taliban’s ban on female education. Mentioned in this podcast: Boeing and supplier shares fall after mid-flight Alaska Airlines accident Afghan women and girls flock online to evade Taliban curbs on female education Biden says he is pressing Israel to ‘significantly get out’ of Gaza Israel says it has...
Jan 09, 2024•10 min•Transcript available on Metacast A pile up of bad debt threatens to sour investors’ growing optimism about the prospects for the US’s largest banks, and European football clubs are pouring money into transforming stadiums. Plus, the FT’s Joe Miller explains why another bad bet by SoftBank could be trouble for the Japanese group. Mentioned in this podcast: SoftBank’s Gen Z social media bust: was IRL the next Facebook or a fraud? The European football clubs turning stadiums into cash cows Largest US banks set to log sharp r...
Jan 08, 2024•12 min•Transcript available on Metacast One of the world’s top gold producers fired its chief executive for serious misconduct, Chinese provinces pumped a record $31bn of capital into fragile regional banks last year, and German inflation accelerated to its fastest rate for three months in December. Plus, a study shows widespread untracked fishing is hindering global efforts to protect depleted fish stocks and marine environments. Mentioned in this podcast: Endeavour Mining CEO dismissed for serious misconduct Off-radar fishing ...
Jan 05, 2024•10 min•Transcript available on Metacast Minutes from the December Federal Reserve meeting show that officials were committed to higher-for-longer interest rates, convertible bonds have been a rare bright spot for corporate fundraising, and two bombs killed more than a hundred people in southern Iran yesterday. Plus, some Russians convicted of gruesome crimes are returning to their communities after fighting in Ukraine. Mentioned in this podcast: Fed officials said rates could remain high ‘for some time’ US companies dive i...
Jan 04, 2024•11 min•Transcript available on Metacast Russia has fired a second massive barrage of the new year on Ukraine’s capital and the country’s second-largest city, Benjamin Netanyahu’s rightwing allies have blasted Israel’s top court for striking down a controversial law aimed at overhauling the country's judiciary, and BlackRock’s lead in the US exchange traded fund market is being eroded by Vanguard and smaller rivals. Mentioned in this podcast: Russia pounds Ukraine in new year’s second massive air strike Benjamin Netanyahu’s allies blas...
Jan 03, 2024•10 min•Transcript available on Metacast The FT’s Peter Spiegel, Katie Martin and Elaine Moore preview what could happen in geopolitics, markets and artificial intelligence in 2024. The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metapho...
Jan 02, 2024•13 min•Transcript available on Metacast FT News Briefing presents a special episode from Slate’s “What Next” podcast , hosted by Mary Harris. Everybody loves pandas—and China knows it. As we say goodbye to the National Zoo’s pandas, this Slate podcast looks back at 50 years of “panda diplomacy” and consider its uncertain future. Join Harris as she speaks with E. Elena Songster, author of Panda Nation: The Construction and Conservation of China’s Modern Icon and professor of environmental history of modern China...
Dec 29, 2023•29 min•Transcript available on Metacast Are generative AI systems such as OpenAI’s ChatGPT really intelligent? Large language models such as GPT 4 appear to use human-level cognitive abilities when they engage in legal reasoning, write essays or solve complex problems. Hosts John Thornhill and Madhumita Murgia speak to Emily Bender, professor of computational linguistics at the University of Washington, to find out what’s really happening under the hood, and also hear from Pablo Arredondo of CaseText, which develops AI tools for lawye...
Dec 28, 2023•29 min•Transcript available on Metacast Historian Sir Simon Schama and FT deputy arts editor and film expert Raph Abraham join Lilah to discuss the historical epic ‘Napoleon’. Ridley Scott’s new two-and-a-half-hour-long film stars Joaquin Phoenix, and documents a lot: Napoleon’s rise and fall, some of his most famous battles, and his relationship with his wife, Josephine. But how well does it represent his character? We discuss what the film got right and wrong (historically and dramatically), why Napoleon continues to loom so large i...
Dec 27, 2023•26 min•Transcript available on Metacast When a Dutch crime reporter makes an unbelievable discovery, a small-town murder case begins to look like an international assassination plot. For more from the FT, sign up for the FT Edit App. To listen to Hot Money ad free, subscribe to Pushkin+. See omnystudio.com/listener for privacy information. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information....
Dec 26, 2023•30 min•Transcript available on Metacast Chancellor Jeremy Hunt raised the prospect of the Bank of England reducing interest rates in 2024 in an interview with the FT, and Novo Nordisk’s drugs for obesity could have a profound effect on healthcare, society and our relationship with food. Plus, part three or our three-part series on a changing India looks at the country’s booming fertility industry. Mentioned in this podcast: FT Person of the Year: Lars Fruergaard Jørgensen of Novo Nordisk Jeremy Hunt raises prospect of Bank of En...
Dec 22, 2023•13 min•Transcript available on Metacast A global rally in government debt has driven yields past many Wall Street targets for the end of 2024, and rising premiums in China are driving families to cancel health coverage. Plus, in the second of a three-part series, the FT’s Benjamin Parkin travels to southern India to see whether factories can help solve the country’s employment problems. Mentioned in this podcast: Bond market rally drives yields past Wall Street’s end-2024 targets Millions drop out of China’s state health insuran...
Dec 21, 2023•11 min•Transcript available on Metacast Copper is set to finish the year as the top-performing industrial metal, and the FT’s John Paul Rathbone recently visited a Hamas tunnel and talks about his experience. Plus, in the first part of a three-part series, the FT’s John Reed goes to Varanasi to show how India’s digital transformation is going. Mentioned in this podcast: Supply squeeze helps copper prices buck tough year for base metals Inside the ‘Gaza metro’: Israel displays Hamas tunnel big enough for a car Narendra Modi respo...
Dec 20, 2023•12 min•Transcript available on Metacast Activist investor Cevian Capital has taken a €1.2bn stake in UBS, and Nippon Steel has agreed to buy US Steel in a $14.9bn deal. Plus, the FT’s Josh Gabert-Doyon takes us to the English town of Widnes and discusses what the destruction of fossil fuel infrastructure means for local citizens. Mentioned in this podcast: Activist Cevian places €1.2bn bet on UBS Nippon Steel agrees to buy US Steel for $14.9bn The Fiddler’s Ferry blast that will reshape a town’s identity The FT News Briefing is ...
Dec 19, 2023•10 min•Transcript available on Metacast Corporate bankruptcies are increasing at double-digit rates in most advanced economies, and TSMC is going to play a huge role in Taiwan’s upcoming election. Plus the FT’s Henry Foy explains how a European politician spied for China. Mentioned in this podcast: UK’s biggest companies failing to close pay gap, says report Chipmaker TSMC casts long shadow over Taiwan election Chinese spies recruited European politician in operation to divide west Bankruptcies soar as high rates and end of Covi...
Dec 18, 2023•11 min•Transcript available on Metacast Central banks are charting different courses for interest rates in 2024, and EU leaders have agreed to officially start accession talks with Ukraine. Plus, for US union leader Shawn Fain, the historic auto workers strike is only the beginning. Mentioned in this podcast: EU leaders agree to start accession talks with Ukraine Stocks and bonds surge as Jay Powell comments fuel bets on interest rate cuts ECB keeps rate on hold but lowers inflation forecast Andrew Bailey warns ‘still some way t...
Dec 15, 2023•11 min•Transcript available on Metacast The Federal Reserve on Wednesday held interest rates at a 22-year high, countries reached a deal at the COP28 climate summit to transition away from fossil fuels, and Germany reached a last-minute budget deal to avoid a financial shutdown. Plus, the FT’s John Paul Rathbone explains whether Israel can continue its pursuit of Hamas without losing western support. Mentioned in this podcast: How the COP28 deal was won but the battle for 1.5C may be lost Joe Biden’s criticism of Israel highligh...
Dec 14, 2023•11 min•Transcript available on Metacast UK Prime Minister Rishi Sunak headed off a Conservative revolt over his flagship Rwanda migration bill, US core inflation rose last month, and the FT’s Sam Jones explains the downfall of Signa, one of Europe’s most prominent property developers. Mentioned in this podcast: Rishi Sunak secures win in Rwanda asylum vote Rise in US core inflation highlights stubborn price pressures Rwanda vote exposes Tory divisions despite Rishi Sunak’s win Signa fires René Benko ally for suspected ‘gross vio...
Dec 13, 2023•11 min•Transcript available on Metacast Investors poured record sums into high-yield bond exchange traded funds in November, Rishi Sunak will on Tuesday seek to face down rightwing Tory rebels by pushing ahead with his controversial Rwanda bill, and the FT’s Joshua Chaffin tells us about the wealthy donors pushing for US universities to crack down on antisemitism. Mentioned in this podcast: High-yield bond ETFs attract highest flows on record in November Government to face down party rebels over Rwanda bill The Ivy League, Wall ...
Dec 12, 2023•11 min•Transcript available on Metacast French immigration reforms put Emmanuel Macron’s leadership to the test, Pisa rankings show sharp decline in student attainment in maths and reading since 2018, India’s stock market is set to take Hong Kong’s spot among world’s largest, and Shohei Ohtani signs a record $700mn baseball contract with Los Angeles Dodgers. Mentioned in this podcast: UK students fall behind on core skills post-pandemic EY to cut a further 150 UK jobs as Big Four firms grapple with waning demand Shohei Ohtani si...
Dec 11, 2023•11 min•Transcript available on Metacast The EU is set to pave the way for completely ending gas imports from Russia and Belarus, and a record supply of oil from the US is complicating Opec+ maths. Plus, the FT’s Jennifer Hughes explains why the price of gold and bitcoin are both booming in the same week. Mentioned in this podcast: EU paves way for total ban on Russian gas imports Oil market caught by surprise as US output surges Gold price hits all-time high as traders bet on interest rate cuts The FT News Briefing is...
Dec 08, 2023•10 min•Transcript available on Metacast