Russia's Use of Drones and Missiles in Ukraine Is a Sign of Weakness

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Europe's largest private equity firm is preparing to go public. CBC Capital Partners manages about 133 billion euros in assets. The company itself is largely a black box, but the FT has been digging into it. Kay Wiggins: Unlike competitors like Blackstone or KKR, CBC is not publicly listed.

Netflix stemmed its subscriber losses in the third quarter and Russia is using Iranian drones in its war against Ukraine. Plus, Europe’s top private equity firm, CVC Capital Partners, is preparing to go public and the move has implications for the whole sector.

Mentioned in this podcast:

Netflix shares jump as it gains 2.4mn new subscribers

CVC’s biggest bet yet: the fiercely private buyout firm set to go public

Military briefing: Russia rolls out Iranian drones to ‘terrorise’ Ukraine

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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