FT News Briefing - Financial Times

Latest Episodes:

Facebook’s whistleblower goes to Europe Nov 12, 2021

Show notes

Toshiba has ruled out pursuing a deal to take the whole company private and is set to reveal a plan to split the business in three, and Facebook’s whistleblower is calling on the UK and EU to do more to control online harm. Plus, the FT’s markets editor, Katie Martin, will dive into the latest US inflation report and Elon Musk’s sale of 10 per cent of his Tesla shares.

Toshiba rules out deal to take whole group private

https://www.ft.com/content/045c6366-3c54-4462-89b4-95246122c948?

Facebook whistleblower warns UK and EU to do more to control online harm with Madhumita Murgia

https://www.ft.com/content/dcc9c9bf-2abe-4167-aaac-efc067d5a359

VIDEO: Facebook whistleblower on 'harmful but legal' content | FT interview

https://www.ft.com/video/19aaadc2-a12a-4404-81c7-384a6c63fb49

Inflation is bad, but not worse - with Katie Martin

https://www.ft.com/content/201ab9be-60f5-4ed1-88be-58639e89f4c8

Elon Musk offloads nearly $5bn in Tesla shares

https://www.ft.com/content/c88eaf9f-6d56-4cb3-9fd5-22847835f73b

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.

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Inflation bites Biden Nov 11, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/7d4a1b33-d4a4-4bff-a305-23c082be7c57

US consumer prices jumped in October at the fastest pace in three decades, and shares of electric truck startup Rivian soared on its first day of trading. Plus, the FT’s Latin America editor, Michael Stott, explains why Colombia’s president is castigating cocaine users for their role in destroying the Amazon rainforest.

US consumer prices rise at fastest pace in three decades - with Colby Smith

https://www.ft.com/content/5a5a7e5f-4207-4de1-9432-002f96de67bb

Electric vehicle start-up Rivian soars on stock market debut - with Dave Lee

https://www.ft.com/content/e2fb010f-0d29-4e80-8ad7-797973d463f7

Colombia’s president says cocaine users culpable in Amazon destruction - with Michael Stott

https://www.ft.com/content/375f07cd-4c3b-404a-b812-1b81dca7c1c7

Disney’s streaming growth disappoints in fourth quarter

https://www.ft.com/content/9d8fedd1-36db-45c8-8596-dce1905ec6f7

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Big investors get tougher with companies over climate change Nov 10, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/5656f24c-a8db-4626-bd6f-c2ab0aa4aa8c

General Electric plans to break into three separate companies after years of trying to respond to flaws in its business model exposed by the financial crisis, China’s President Xi Jinping is paving the way for his unprecedented bid for a third term in power. Plus, the FT’s investment correspondent, Attracta Mooney, explains why a growing number of asset managers are getting tougher on companies in their portfolios to address climate change.

30-day free trial of the Moral Money newsletter:

http://www.ft.com/cop26podcast

GE to split into healthcare, energy and aviation companies - with Andrew Edgecliff-Johnson

https://www.ft.com/content/fb73e702-e885-4c20-8857-ddd29dc623af

Xi lays groundwork for third term by adopting Mao and Deng’s power play - with Tom Mitchell

https://www.ft.com/content/71b165a6-052d-4d7d-9006-e2e757f40d98

Stay or sell? The $110tn investment industry gets tougher on climate - with Attracta Mooney

https://www.ft.com/content/ee08d61d-4c98-4398-9971-93036d67e91e

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Elon Musk’s Twitter followers say sell Nov 09, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/64380f52-df32-4ad7-b2b6-fec42ee95ce1

Federal Reserve governor Randal Quarles’ decision to leave the US central bank next month creates yet another opening for the Biden administration to fill amid uncertainty about the institution’s leadership, Tesla shares fell nearly 5 per cent on Monday after millions of Twitter users polled by chief executive Elon Musk concluded that he should sell 10 per cent of his stake in the electric carmaker. Plus, SoftBank founder Masayoshi Son has promised an $8.8bn share buyback programme over the next 12 months.

30-day free trial of the Moral Money newsletter:

http://www.ft.com/cop26podcast

Tesla shares slide after Musk’s Twitter poll backs stake sale - with Richard Waters

https://www.ft.com/content/2ac226d6-0eba-4f97-91c1-fb70076c20b0

Fed governor Randal Quarles to leave post next month - with James Politi

https://www.ft.com/content/6e312624-0399-4d76-85e9-80e61f1f8c91

SoftBank unveils $8.8bn share buyback following investor pressure - with Kana Inagaki

https://www.ft.com/content/ca7df7d4-7e7e-43b2-85d6-36432d0d9d66

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Why footballers stumble in their finances Nov 08, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/e9bcbc06-e603-4baf-b5d1-fd8603103bb5

French authorities have opened an investigation into the French operations of UK metals magnate Sanjeev Gupta, and President Joe Biden is moving ahead with his next bill on his ambitious legislative agenda while struggling to revive his political fortunes. Plus, the FT’s Money Clinic podcast host, Claer Barrett, talks about the financial minefields that young British footballers often fail to navigate.

30-day free trial of the Moral Money newsletter:

http://www.ft.com/cop26podcast

French prosecutors investigate Sanjeev Gupta’s business empire

https://www.ft.com/content/b9debac5-bf40-4392-ab9f-2bdb70dcae28

Biden seeks course out of doldrums after US legislative victory - with Lauren Fedor

https://www.ft.com/content/fa0282fd-e8dc-43f1-8222-39e1efdc262e

The financial secrets of footballers, part one - with Claer Barrett

https://www.ft.com/content/962ee94e-1b6d-4631-a6ab-08ff3abea724

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Bond investors and central banks Nov 05, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/d6716d79-4cbd-4955-b07b-64740a4a6d5b

The White House has said Opec+ risks imperilling the global economic recovery by refusing to speed up oil production increases, and SoftBank founder Masayoshi Son is facing pressure to announce a new stock buyback programme next week. Plus, the FT’s markets editor, Katie Martin, explains how inflation has complicated the relationship between markets and central banks.

30-day free trial of the Moral Money newsletter

http://www.ft.com/cop26podcast

White House says Opec risks imperilling economic recovery - with Derek Brower

https://www.ft.com/content/4a2fc7b2-c963-4418-9997-d1bf203c3a35

SoftBank under pressure from investors to prop up share price

https://www.ft.com/content/d5fe83e9-f663-4cdb-90b6-6663683c6ba1

Global bonds rally strongly after Bank of England leaves investors ‘wrongfooted’ - with Katie Martin

https://www.ft.com/content/a9c896fc-34a4-44a9-9499-085c3f5c40ec

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Argentina vs the IMF Nov 04, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/22e5487a-3e75-46db-abf0-c8e5e5fd7ad4

The Federal Reserve said it would begin scaling back its massive $120bn monthly bond-buying programme this month, the British government has approached Qatar with the intention of the Gulf state becoming a gas “supplier of last resort”, and Iran will resume stalled talks on November 29 with global powers aimed at reviving the country’s ailing nuclear deal. Plus, the FT’s Latin America editor, Michael Stott, explains why Argentina is having a hard time coming to an agreement with the IMF during debt negotiations.

30-day free trial of the Moral Money newsletter:

http://www.ft.com/cop26podcast

Fed to start winding back $120bn-a-month stimulus programme - with Colby Smith

https://www.ft.com/content/d10c157f-5530-48a0-9c5f-afed19057d8a

Iran talks over nuclear deal to restart on November

https://www.ft.com/content/aa012e45-e2b6-4a65-840d-591450260e0f

Argentina hardens stance against IMF as debt renegotiations bog down - with Michael Stott

https://www.ft.com/content/814e0898-30d5-4b4f-b468-dddfd447af7c

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Financing the fight against climate change Nov 03, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/44757917-71f4-4699-8bde-49ebd15feebe

Banks have watered down climate pledges and continued to finance the fossil fuel industry in the six years since the Paris accord was signed, and Gulf states are making net zero carbon emission pledges but say they need to keep oil flowing to fund their green energy transitions. Plus, the FT’s US editor-at-large, Gillian Tett, explains how private institutions are stepping up to fund the fight against climate change.

30-day free trial of the Moral Money newsletter:

http://www.ft.com/cop26podcast

Banks face accusations of greenwashing as global warming fears mount

https://www.ft.com/content/0ea3267c-d61f-4120-a976-0b81b60836c5

Climate finance: where does all the money go?

https://www.ft.com/content/d9e832b7-525b-470b-89db-6275853315dd

Gulf states push for net zero but warn ‘we can’t just switch off the tap’

https://www.ft.com/content/fbc33e10-fc4f-481e-8516-52a6bcf9dec3

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Apple’s privacy policy wreaks havoc on rivals Nov 02, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/d5d05648-ea0e-4c8a-ac0f-daad0d8ce5fb

World leaders warned of severe consequences of nations failing to strike deals to limit global warming at the opening session of the Glasgow COP26 UN climate conference, and Barclays’ chief executive Jes Staley is stepping down following a regulatory investigation into the way he described his relationship with disgraced financier and sex offender Jeffrey Epstein. Plus, the FT’s chief business columnist explains why Apple’s new privacy policy demonstrates the power it has over its rivals.

FT COP26 live blog:

https://www.ft.com/content/e9f81272-3986-44de-9715-e83ec9be2bd2

COP26: A moment of truth

https://www.ft.com/content/71e84776-862f-476d-a795-be6f85d8e25d

Barclays chief Jes Staley to step down following Epstein investigation

https://www.ft.com/content/9b778298-e1ab-4c5c-b03f-f73ecaee0117

Apple has too much power over its rivals

https://www.ft.com/content/94d9f964-10d8-4ff3-9781-821f3fc9ee3a

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COP26: a climate gathering like no other Nov 01, 2021

Show notes

Read a transcript of this episode on FT.com

https://www.ft.com/content/24a0e0ed-749d-4b6e-adbd-1f3c3a6cadb3

The FT’s clean energy and environment correspondent, Leslie Hook, has a curtain raiser on COP26, the most important climate summit since the 2015 Paris agreement. Plus, the FT’s US financial commentator Rob Armstrong and US editor- at-large and Moral Money newsletter founder Gillian Tett go head-to-head in a debate over whether investing in environmental, social and governance causes can really change the world.

COP26 summit is a pivotal moment for the planet - with Leslie Hook

https://www.ft.com/content/6ad9c521-b5ae-4876-be89-97d978485d48

The ESG investing industry is dangerous - with Robert Armstrong

https://www.ft.com/content/ec02fd5d-e8bd-45bd-b015-a5799ae820cf

Gillian Tett explains ESG's importance - with Gillian Tett

https://www.ft.com/video/eba8dff7-ae9e-47db-b054-c8ed52ad8e79

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