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The head of instagram is packing his bags and setting up shop in london. Plus, china's impact on coal business is impacting our show to day with about a british bank that's caught in the middle of us. And then we'll talk about china's overseas lending. It's exploded over the past decade but now bajing faces its first overseas dead crisis. I mark filippino, here's the news you need to start tor day.

Instagram head Adam Mosseri is moving to London, HSBC has pledged to restore its dividend to pre-pandemic levels, and China is facing its first overseas debt crisis.

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Instagram head Adam Mosseri to temporarily relocate to London

HSBC pledges to restore dividend to pre-pandemic levels

China reckons with its first overseas debt crisis

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. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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