Wagner group leader Prigozhin presumed dead after plane crash. Nvidia's revenue more than doubles on high demand. US regulators impose tougher disclosure rules on private funds. Thailand's former PM Thaksin Shinawatra jailed after return from exile.
Read more
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Yevgeny Prigozhin, leader of the Wagner mercenary group, presumed dead after a plane crash.
US regulators are implementing stricter disclosure rules on private funds, marking a significant move towards greater transparency in the finance industry.
Deep dives
Russian Mercenary Leader Dies in Plane Crash
Russian mercenary leader Yevgeni Pragosian, a key figure in Russian President Vladimir Putin's war in Ukraine, died in a plane crash northwest of Moscow. The crash, which has been linked to the Wagner-Mercenary group, also raised claims that the plane had been shot down.
SEC Imposes New Rules on Private Funds
The US Securities and Exchange Commission (SEC) has voted to strengthen regulations on private funds, including private equity, real estate, and hedge funds. The new rules require more standardized quarterly disclosures to investors, limit certain fees charged to investors, and impose restrictions on individualized agreements known as side letters. These changes mark a significant step in regulating traditionally opaque areas of finance.
Wagner mercenary group leader Yevgeny Prigozhin has reportedly died after a plane crash north-west of Moscow, Nvidia’s revenue more than doubled in the latest quarter on soaring demand, and US regulators are imposing tougher disclosure rules on private funds. Plus, the FT’s Eli Meixler unpacks the latest developments in Thailand’s government.
Looking for a fresh perspective on the news? Meet FT Edit - the new app from the Financial Times. FT Edit brings you eight hand-picked stories to surprise and inform you, every weekday. Try FT Edit now: https://on.ft.com/446sxYS
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, 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.