Revlon's Share Price Bounced

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Afghanistan has been able to raise some money, but there's also very little transparency over how much they're raising. After the beauty company filed for bankruptcy in June, it's share price soared. Some people say Revlon is waiting into meme stock territory - basically when a stock value goes up, even when the business is floundering. But shareholders say the share price bounce is legitimate and are asking to have a formal voice in Revlon's bankruptcy hearing.

Finland will host talks with Sweden and Turkey for talks on the Nordic countries’ Nato membership bids, and we’ll take a look at the ins and outs of Revlon’s bankruptcy. Plus, the FT’s Benjamin Parkin recently visited Afghanistan and reports back what it has been like there a year since the Taliban regained control.

Mentioned in this podcast:

Finland and Sweden hold talks with Turkey to push Nato bid

Revlon bankruptcy becomes a fight over memes

FT Series: a year under the Taliban

Behind the Money: Afghanistan one year later

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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