FT News Briefing - Financial Times

Latest Episodes:

Wagner group’s Prigozhin presumed dead Aug 24, 2023

Show notes

Wagner mercenary group leader Yevgeny Prigozhin has reportedly died after a plane crash north-west of Moscow, Nvidia’s revenue more than doubled in the latest quarter on soaring demand, and US regulators are imposing tougher disclosure rules on private funds. Plus, the FT’s Eli Meixler unpacks the latest developments in Thailand’s government.

Mentioned in this podcast:

Yevgeny Prigozhin in fatal plane crash, Russian officials say

Nvidia’s AI boom exceeds Wall Street’s lofty hopes

US regulators impose tougher disclosure rules on private funds

Thailand’s former PM Thaksin Shinawatra jailed after return from exile

Looking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYS

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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

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All eyes on Jackson Hole Aug 23, 2023

Show notes

Markets are looking for signals from Federal Reserve chair Jerome Powell during this week’s Jackson Hole symposium, global stock markets have lost about $3tn in value this month and there has been a mixed reaction to China’s approach to monetary policy.

Mentioned in this podcast:

Central bankers to make ‘higher-for-longer’ rate pitch at Jackson Hole

Global stocks head for worst month in nearly a year

China’s rate caution shines light on $56tn banking system

Credit: Fox News Brian Kilmeade: Welcome to the biggest week for our GOP presidential contenders

Credit: CBS News: Trump planning to skip GOP primary debates

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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.

Can Arm’s listing reignite the IPO market? Aug 22, 2023

Show notes

Description:

The sell-off in US government debt continued to hit the world’s largest bond market on Monday, and Silicon Valley start-ups are wondering whether Arm’s listing will reignite the IPO market. Plus, the FT’s foreign editor, Alec Russell, explains why a new geopolitical order is emerging.

Mentioned in this podcast:

US Treasury yields hit 16-year high on fears over interest rate outlook

Silicon Valley start-ups revive listing plans as Arm reignites IPO market

The à la carte world: our new geopolitical order

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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.

Drought causes headaches for Panama Canal Aug 21, 2023

Show notes

Some of private equity’s biggest names are handing over companies they own to the lending arms of rivals, and Iran is dealing with the consequences of ultra-cheap petrol. Plus, the FT’s Christine Murray explains how the shipping industry is dealing with a severe drought that’s slowing down traffic through the Panama Canal.

Mentioned in this podcast:

Private equity firms hand over assets to creditors as distress rates rise

Iran grapples with unintended consequences of ultra-cheap petrol

Severe drought in Panama hits global shipping industry

Read a transcript of this episode on FT.com

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

Saudi Arabia and UAE race to buy computer chips Aug 18, 2023

Show notes

US mortgage rates have soared to a 21-year high, US retailer earnings reports send mixed messages on consumer spending, and Saudi Arabia and the United Arab Emirates are buying up thousands of the high-performance Nvidia chips crucial for building artificial intelligence software.

Mentioned in this podcast:

Walmart sales rise as inflation keeps consumers hunting for bargains

Target sales hit by Pride backlash and consumer caution

Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions

‘People were losing their mind’: Russia’s bootleg Barbie viewings

FT Weekend festival promo code: FTPodcast

Read a transcript of this episode on FT.com

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Introducing: The Russian Banker Aug 17, 2023

Show notes

Who is Sergei Leontiev? To the US asylum system, he’s an exiled Russian banker who was persecuted by the state and forced to flee. To Russia, he’s said to be responsible for massive fraud. On The Russian Banker, a new series from the Financial Times, reporters Courtney Weaver and Stefania Palma try to uncover the truth, and find a story that tells us about Russia today and how people in the west build stories about who’s good and who’s bad. The Russian Banker is a special series that will run on the Behind the Money podcast starting Aug. 30. Listen to The Russian Banker by subscribing to the Behind the Money podcast here.

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New pain for China’s property sector Aug 17, 2023

Show notes

Lower gas and electricity costs drove a sharp drop in headline UK inflation in July, Fitch Ratings has downgraded WeWork, and there’s increasing anxiety in China over the real estate sector’s stability.

Mentioned in this podcast:

UK inflation slows to 6.8% in July as energy prices fall

WeWork credit rating cut further into junk territory by Fitch

Retail investors complain to Chinese regulator about Zhongzhi

Country Garden crisis brings new pain to China’s property sector

Read a transcript of this episode on FT.com

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A year of the Inflation Reduction Act Aug 16, 2023

Show notes

US stocks hit a five-week low as a warning of potential Fitch downgrades sent bank shares lower, Beijing is making one of its biggest top-down efforts in years to tackle the debts racked up by local governments, and a year after passage of the US Inflation Reduction Act and Chips Act the vast majority of investment is going to red states.

Mentioned in this podcast:

US and European stocks hit five-week lows after strong retail sales data

China sends finance experts to tackle regions’ debts

Republican districts dominate US clean technology investment boom

Pink Floyd strike a chord as scientists recreate song from brain activity

Read a transcript of this episode on FT.com

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A looming ESG crackdown Aug 15, 2023

Show notes

A surprise election result in Argentina spooked markets, iPhone manufacturer Foxconn is trying to pivot to India, and it looks like there’s a US regulatory crackdown looming for the sustainable investing world.

Mentioned in this podcast:

Argentina’s markets roil after shock primary election results

iPhone maker Foxconn’s cautious pivot to India shows limits of ‘China plus one’

UBS pays $1.4bn to settle US mortgage bond mis-selling case

SEC lawyers subpoena fund managers over ESG disclosures

Looking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYS

Read a transcript of this episode on FT.com

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

The new commodity superpowers Aug 14, 2023

Show notes

The rouble has fallen to a 16-month low against the dollar, airlines have joined forces with farmers to lobby in Washington so that corn helps power their planes, and growing demand for minerals used in green technology is starting to shake up the geopolitics of the energy world.

Mentioned in this podcast:

Rouble hits 16-month low as military spending rises and exports fall

US airlines ally with farmers to seek subsidies for corn as jet fuel

The new commodity superpowers

Read a transcript of this episode on FT.com

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