FT News Briefing - Financial Times

Latest Episodes:

Moscow’s military reshuffle Jan 12, 2023

Show notes

Brussels is stockpiling drugs and obliging manufacturers to guarantee supplies, and Russian forces are stepping up attacks on the Ukrainian town of Soledar. Plus, the FT’s Peggy Hollinger explains why Virgin Orbit's failed satellite launch is such a big deal for Europe.

Mentioned in this podcast:

Virgin Orbit scrambles to establish why first UK satellite launch failed

Russian forces may have scored rare success in battle near Bakhmut

Military briefing: Ukraine’s hopes lift as western allies assess tank coalition

War in Ukraine costs Moscow more than its record energy revenues

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by 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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Toyota’s EV struggle Jan 11, 2023

Show notes

UK staffers fired by Twitter claim their dismissals were conducted unlawfully, BioNTech has agreed to buy UK artificial intelligence start-up InstaDeep, and Toyota is confronting an “unprecedented” challenge to revive its electric vehicle sales. Plus, the FT’s Tom Wilson chats about the challenges facing Shell’s new chief executive, Wael Sawan.

Mentioned in this podcast:

Twitter hit with legal challenge from former UK staff

Toyota leasing unit warns of ‘unprecedented’ challenge to boost EV sales

BioNTech buys UK AI start-up InstaDeep in £562mn deal

Wael Sawan, the Shell lifer taking helm to navigate energy transition

Virgin Orbit shares sink after rocket ‘anomaly’

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Read a transcript of this episode on FT.com

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White House under pressure to expel Bolsonaro Jan 10, 2023

Show notes

The White House is facing calls from the US Congress to expel former Brazilian president Jair Bolsonaro after Sunday’s insurrection, France is set to present a draft law that will raise the country’s retirement age. Plus, the FT’s Sun Yu explains why China is restricting certain domestic companies from going public.

Mentioned in this podcast:

White House under pressure to expel Jair Bolsonaro after Brazil protests

Beijing blocks listings of ‘red light’ companies to steer funding to strategic sectors

‘We must work longer’: Macron prepares for fight over French pensions reform

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Read a transcript of this episode on FT.com

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Bolsonaro supporters storm Brazil’s capital Jan 09, 2023

Show notes

Thousands of supporters of Brazil’s former rightwing president Jair Bolsonaro stormed the country’s capital, and America’s biggest banks are set to report another quarter of bumper profits. Plus, the FT’s Middle East editor Andrew England explains how Gulf nations’ sovereign wealth funds plan to invest the cash they’ve reaped from the recent boom in oil prices.

Mentioned in this podcast:

Supporters of Bolsonaro invade Brazil’s Congress

The new Gulf sovereign wealth fund boom

Read a transcript of this episode on FT.com

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Crypto bank’s ‘crisis of confidence’ Jan 06, 2023

Show notes

The pace of US jobs growth is set to have slowed further in December, and clients pulled $8.1bn in deposits from crypto-focused US bank Silvergate late last year. Plus, the FT’s Pilita Clark comments on the slow death of the company phone number.

Mentioned in this podcast:

Pace of US jobs growth set to have slowed again in December

Silvergate shares tumble as crypto bank reveals $8.1bn fall in deposits

The strange death of the company phone number

Read a transcript of this episode on FT.com

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Falling inflation in Europe Jan 05, 2023

Show notes

IMF deputy managing director says the Federal Reserve shouldn’t declare victory against inflation just yet, inflation in Europe is falling, and the World Health Organization has accused China of undercounting Covid deaths.

Mentioned in this podcast:

Fed wants ‘more evidence’ of easing inflation and backs fresh rate rises

US inflation has not ‘turned the corner yet’, top IMF official warns

Falling French inflation sparks hope of end to Europe’s price surge

China has under-represented its number of Covid deaths, says WHO

Chinese celebrities’ Covid deaths subvert propaganda push to minimise outbreak

London’s post-lockdown recovery in offices and hotels trailed European rivals

Read a transcript of this episode on FT.com

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Apple and Tesla start 2023 on the wrong foot Jan 04, 2023

Show notes

Downing Street says Britons could struggle to access healthcare this winter, Tesla and Apple shares both fell because of production issues in China, and retail investors are pouring into risky commodities markets.

Mentioned in this podcast:

Downing Street admits Britons will struggle to access the NHS

Tesla shares slide after deliveries fall short of Wall St expectations

Apple’s market value falls below $2tn as tech rout hits iPhone maker

Commodities trading boom raises fear of big losses among retail investors

Read a transcript of this episode on FT.com

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How did 2% become the magic inflation target? Jan 03, 2023

Show notes

Economists say the UK will face one of the worst recessions and weakest recoveries in the G7 in the coming year, and The Netherlands may be the first country to hit the limits of growth. Plus, the FT’s Colby Smith explains how the Federal Reserve and other central banks settled on a 2 per cent inflation rate target.

Mentioned in this podcast:

UK faces worst and longest recession in G7, say economists

The Netherlands may be the first country to hit the limits of growth

Opinion: It is time to revisit the 2% inflation target

FT editorial board: Inflation targeting and the 2 per cent goal

Read a transcript of this episode on FT.com

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Bankman-Fried’s $250mn bail Dec 23, 2022

Show notes

FTX founder Sam Bankman-Fried’s bail is set at $250mn, Wall Street stocks slide after a round of upbeat economic data was released, and the FT’s Andrew Edgecliffe-Johnson reflects on the year in corporate news.

Mentioned in this podcast:

FTX founder Sam Bankman-Fried to be released on $250mn bond

Big investors warm to bonds after historic 2022 sell-off boosts yields

US stocks sink after strong data support further monetary tightening

Read a transcript of this episode on FT.com

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UK childcare in crisis Dec 22, 2022

Show notes

Big Tech groups are ditching offices that are part of their European headquarters to cut costs and Tesla has fallen below ExxonMobil in stock market value for the first time since 2020. Plus, the FT’s Claer Barrett explains how British families are coping with the sky-high cost of childcare.

Mentioned in this podcast:

US tech giants ditch European offices

Money Clinic Podcast: Childcare in crisis

Tesla share slide sends valuation below ExxonMobil

Read a transcript of this episode on FT.com

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