FT News Briefing - Financial Times

Latest Episodes:

A new gold rush May 24, 2023

Show notes

A double-digit drop in German exports to China has rattled Europe’s biggest economy and the UK is set to lose a high-profile solar power investment. Plus, the FT’s Harry Dempsey explains why investors and central banks are piling into the gold market.

Mentioned in this podcast:

Big drop in German exports to China raises fears over EU’s industrial powerhouse

UK set to lose solar investment after developer criticises lack of incentives

Why investors are going gaga for gold

The new gold boom: how long can it last?

Apple expands US chip sourcing with multibillion-dollar Broadcom deal

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, 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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Adani tries to win back investors May 23, 2023

Show notes

China’s semiconductor industry fears Japanese curbs on exports of crucial chipmaking equipment are stricter than US limits, Meta has been hit with a €1.2bn fine by the EU for privacy violations, and the Adani Group is trying to woo investors after a series of allegations from short-seller Hindenburg.

Mentioned in this podcast:

China fears Japan’s chipmaking curbs go further than US restrictions

Facebook owner Meta hit with record €1.2bn fine over EU-US data transfers

Adani seeks to woo bankers with three-day tour after short seller’s attack

Indian market regulator has ‘hit a wall’ in Adani probe

Read a transcript of this episode on FT.com

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China bans Micron’s products from key infrastructure May 22, 2023

Show notes

Florida governor Ron DeSantis is expected to launch his campaign for US president this week, China has banned operators of key infrastructure from buying chips from US chipmaker Micron Technology, and Morgan Stanley is searching for a new CEO after James Gorman announced that he’s stepping down. Plus, the FT’s Sylvia Pfeifer explains how the war in Ukraine has put a spotlight on tech-led defence companies.

Mentioned in this podcast:

Ron DeSantis struggles for lift-off as campaign launch nears

China bans Micron’s products from key infrastructure over security risk

Morgan Stanley chief James Gorman to step down within a year

Ukraine war puts spotlight on tech-led defence companies

Read a transcript of this episode on FT.com

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TikTok spied on our reporter May 19, 2023

Show notes

The US Supreme Court rules to protect big tech companies from being liable for users’ posts, and G7 countries are preparing new sanctions against Russia. Plus FT technology reporter Cristina Criddle learned that TikTok spied on her. She talks about her experience.

Mentioned in this podcast:

Supreme Court sides with tech giants over legal shield for content

TikTok spied on me. Why?

G7 host Japan seeks unity on threat from China

Read a transcript of this episode on FT.com

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Will the digital euro come online? May 18, 2023

Show notes

Ukraine’s allies worry that support from the US will lose steam during next year’s election cycle, and Japan’s stocks are reaching new highs. Plus, the European Central Bank is big on a digital currency. Europeans? Not so much.

Mentioned in this podcast:

Ukraine’s allies fear military support will fade in US election year

Japan stock index hits 33-year high as investors warm to Tokyo story

The digital euro: a solution seeking a problem?

Read a transcript of this episode on FT.com

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US sues to block drug merger May 17, 2023

Show notes

The Federal Trade Commission sued to block the biotechnology company Amgen’s $28.3bn deal to acquire Horizon Therapeutics, Italy is struggling to spend €200bn in EU Covid recovery funds, and Ukraine said it repelled an unprecedented barrage of Russian missiles over Kyiv.

Mentioned in this podcast:

FTC warns of ‘rampant’ pharma consolidation as it targets $28bn Amgen deal

Italy overhauls plans for €200bn in EU Covid recovery funds

Ukraine says it repelled ‘exceptional’ barrage of Russian missiles

Read a transcript of this episode on FT.com

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Ford to scale back China investments May 16, 2023

Show notes

Ford plans to reduce its future investment in China, and prominent investors are upset with the record number of share buybacks. Plus, the FT’s Eleni Varvitsioti explains that Greece’s economic recovery has come at a cost to some of its citizens.

Mentioned in this podcast:

Ford to scale back China investments amid EV competition from local rivals

Greece’s ‘greatest turnround’: from junk to investment grade

Record buyback spree attracts shareholder complaints

Krispy Kreme boss shrugs off UK’s tightening anti-obesity rules

Read a transcript of this episode on FT.com

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Turkey’s tight election May 15, 2023

Show notes

Turkish leader Recep Tayyip Erdoğan and rival Kemal Kılıçdaroğlu are locked in a tight battle for the presidency as the election count suggested rising odds of an unprecedented second round, Argentina today will announce a new round of emergency government measures, Twitter's new CEO could mend relations with advertisers who have paused spending on the social media site, and big infrastructure projects have led to soaring demand for the world’s most used natural material, sand.

Mentioned in this podcast:

Turkey’s opposition disputes early election lead for Erdoğan

Linda Yaccarino: an advertising veteran enters the wild world of Musk’s Twitter

Argentina plans emergency economic measures to avoid big devaluation

Sand shortages push up cost of jam jars and fracking

Read a transcript of this episode on FT.com

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Markets shrug off potential US debt default May 12, 2023

Show notes

Elon Musk says he’s hired a new CEO for Twitter, and Turkey heads to the polls this weekend for what analysts say is the biggest presidential election there in decades. Plus, the FT’s Katie Martin and Jennifer Hughes explain what the US debt ceiling fight is doing to Treasury markets.

Mentioned in this podcast:

Elon Musk says he has found a new Twitter CEO

EU plans Black Sea internet cable to reduce reliance on Russia

Turkish presidential candidate İnce quits race days before vote

Turkey: Erdoğan faces his greatest electoral challenge yet

Read a transcript of this episode on FT.com

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China makes a show of corporate raiding May 11, 2023

Show notes

Disney sharply reduced its losses from video streaming in the second quarter, US inflation dipped to its lowest level since April 2021, and the FT’s Joe Leahy explains China’s crackdown on foreign business due diligence firms, including Capvision, Bain and Mintz.

Mentioned in this podcast:

Disney shaves streaming losses as subscription fees rise

US inflation eases to 4.9% in April as Fed tightening takes effect

China raids multiple offices of international consultancy Capvision

Spotify ejects thousands of AI-made songs in purge of fake streams

Read a transcript of this episode on FT.com

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