FT News Briefing - Financial Times

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Swamp Notes: Biden and Trump’s immigration duel Mar 02, 2024

Show notes

The issue of immigration might be Donald Trump’s biggest political boon ahead of the US election in November, but President Joe Biden went to the US-Mexico border this week to try to change the narrative. The FT’s Houston correspondent, Myles McCormick, and US political news editor, Derek Brower, join this week’s Swamp Notes to examine whose case voters find more convincing. Credit: Fox10, PBS NewsHour

Mentioned in this podcast:

Surge in border crossings creates political upheaval in the US

Joe Biden and Donald Trump head to Texas as immigration debate heats up

Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.

Read a transcript of this episode on FT.com

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Formula One’s road map to success Mar 01, 2024

Show notes

The cost of Rishi Sunak’s plan to send asylum seekers to Rwanda could exceed £580mn by the end of the decade, and Toyota’s bet on hybrid vehicles has paid off, so far. Plus, the FT’s Samuel Agini explains how Formula One is trying to reinvent itself. Credit: Formula 1; Netflix

Mentioned in this podcast:

Rishi Sunak’s Rwanda asylum scheme could cost UK £580mn, watchdog warns

Was Toyota’s bet on hybrid cars right all along?

Formula One’s growing pains

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 Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

McKinsey’s China problem Feb 29, 2024

Show notes

Uber chief executive Dara Khosrowshahi has received about $136mn in stock options after hitting a performance target, and Adani is working to push India’s military capabilities. Plus, the FT’s Stephen Foley explains why McKinsey is drawing ire from US lawmakers.

Mentioned in this podcast:

US Supreme Court will hear Trump presidential immunity appeal

McKinsey-led think-tank advised China on policy that fed US tensions

McKinsey website touted its advice to Chinese government ministries

Adani answers Modi's call to arms

Read a transcript of this episode on FT.com

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Should western troops go to Ukraine? Feb 28, 2024

Show notes

Vladimir Putin’s forces have rehearsed using tactical nuclear weapons at an early stage of conflict with a major world power and Emmanuel Macron, president of France, has refused to rule out sending troops to Ukraine. Plus, profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s 'hostile' policies.

Mentioned in this podcast:

Leaked Russian military files reveal criteria for nuclear strike

Macron says sending western troops to Ukraine cannot be ruled out

Germany rebuffs Emmanuel Macron on troops in Ukraine and tells Paris to ‘supply more weapons’

Oil and gas profits triple under Joe Biden even as industry decries him

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Michela Tindera, 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 Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Sweden set to join the Nato club Feb 27, 2024

Show notes

Sweden is set to become a Nato member, the UK Financial Conduct Authority is planning to name firms under investigation at a much earlier stage, and Microsoft has struck a deal with a French artificial intelligence start-up to broaden its involvement in the industry beyond OpenAI.

Mentioned in this podcast:

Sweden overcomes final hurdle to join Nato in historic shift

FCA plans to name firms under investigation in UK deterrence drive

Microsoft strikes deal with Mistral in push beyond OpenAI

Read a transcript of this episode on FT.com

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Biotech is back Feb 26, 2024

Show notes

Israel plans to raise debt and taxes to fund its war in Gaza and global house prices are on the rise. Plus, FT correspondent Paola Tamma discusses some of the troubles plaguing the EU’s key pandemic stimulus fund.

Mentioned in this podcast:

US biotech fundraising boom ends 2-year deal drought

Is the EU’s Covid recovery fund failing?

Global house prices rebound as economists predict turning point

Israel plans $60bn debt raising and tax rises to fuel defence spending

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, Jess Smith, 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 Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Swamp Notes: Trump’s legal troubles Feb 24, 2024

Show notes

Former US President Donald Trump is the subject of four criminal cases and several civil suits. That means the presumptive Republican nominee will be spending a lot of time in courtrooms ahead of voting day in November. Still, it looks like all these legal liabilities might be giving him a political boost. The FT’s US legal and defence correspondent, Stefania Palma, and US managing editor, Peter Spiegel, join this week’s Swamp Notes to explain why.

Mentioned in this podcast:

Are US presidents above the law?

Donald Trump’s legal bill and Joe Biden’s cash boost: inside the 2024 money race

Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor, and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Russia’s failed efforts to rebuild in Ukraine Feb 23, 2024

Show notes

The UK and EU will on Friday sign a deal to co-operate more closely in tackling illegal immigration and criminal gangs, and Japan’s Nikkei 225 index hit a record high after 34 years. Plus, the FT’s Alison Killing talks about Russia’s failed rebuilding of the Ukrainian city of Mariupol.

Mentioned in this podcast:

UK and EU agree to co-operate more closely on migration

Japan’s Nikkei 225 index eclipses record high after 34 years

Inside Mariupol: Russia’s new Potemkin village

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Zach St. Louis, 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 Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

HSBC profits nosedive Feb 22, 2024

Show notes

Nvidia’s net income soared nearly 800 per cent in the latest quarter compared to the same period in 2022, HSBC reported an 80 per cent drop in quarterly profit, and Boeing is replacing the executive in charge of manufacturing its 737 Max aircraft. Plus, Indonesia’s incoming president is creating concerns for the country’s democracy.

Mentioned in this podcast:

Nvidia declares AI ‘tipping point’ as quarterly revenues jump 265%

HSBC shares fall most since 2020 after profits plummet 80%

Boeing ousts head of 737 Max programme

What Prabowo Subianto’s presidential election win means for Indonesia

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Discover what’s in Capital One’s wallet Feb 21, 2024

Show notes

Donald Trump is losing support from small donors, US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, and Barclays updated investors on its strategy for the first time in eight years.

Mentioned in this podcast:

Donald Trump’s donor numbers fall by 200,000 compared with 2019

Capital One agrees to buy Discover Financial for $35bn

Barclays to return £10bn to shareholders

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Saffeya Ahmed, 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 Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

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