FT News Briefing

Japan's new prime minister outlines a reform agenda aimed at income inequality. A controversial study suggests that a company's entry into the S&P 500 might be influenced by its relationships with S&P Global. Meanwhile, the leadership lessons from 'Ted Lasso' gain traction, illustrating empathetic management styles that inspire positivity and connection during challenging times. The podcast sheds light on leadership qualities like humility and recognition while highlighting the stark contrast with ineffective bosses.

Women entrepreneurs continue to face significant barriers in securing start-up financing, remaining largely excluded from the male-dominated venture capital landscape. In contrast, Latin American tech startups are booming, attracting over $6.5 billion as the region embraces digital innovation. This growth is transforming nations like Brazil and Mexico, highlighting a stark contrast in funding opportunities. Discussions also delve into initiatives aimed at bridging the financial gap for women entrepreneurs, spotlighting the urgent need for equity in funding access.

The podcast dives into the IMF's warning about persistent inflation risks and the need for central banks to act. It highlights a groundbreaking solar project in Pueblo, Colorado, designed to provide sustainable energy for a local steel mill, addressing economic issues like poverty. Additionally, it discusses the early onset of the holiday shopping season in the U.S., driven by resurgent consumer demand and strained supply chains, reshaping retailer strategies and consumer expectations.

Discover how soaring oil prices mirror the resurgence of demand against limited supply. Delve into the leadership changes at KKR and their influence in corporate America. Unpack Elon Musk's ambitions with SpaceX and its Starship project, aiming to revolutionize space travel. Explore the competitive dynamics of the space race, where Musk leads the pack amid increasing fears from rivals. Plus, learn about the groundbreaking work of this year's Nobel Prize-winning economists.

Tensions are rising as divisions between the US and Europe spiral over the future of the IMF's chief, Kristalina Georgieva. Meanwhile, Chinese electric vehicle maker BYD is soaring with innovative battery tech and expansion plans. In an exciting breakthrough, researchers are testing deep brain stimulation to tackle severe depression, potentially transforming mental health treatment. Each of these topics uncovers pivotal moments at the intersection of global finance, technology, and healthcare.

Charlie Penner, Head of Active Engagement for Engine No. 1, discusses his hedge fund's groundbreaking proxy campaign against ExxonMobil. He highlights how a small fund effectively challenged the oil giant's climate stance, marking a significant shift in activist investing. The conversation dives into Exxon's evolving strategies and the increasing role of smaller investors in driving sustainability initiatives. As Engine No. 1 pushes for climate-aware board members, the podcast explores the new era of activism in the corporate world.

Ireland's historic shift to a 15% corporate tax rate marks a significant loss in revenue and aligns with a global agreement. Energy market instability has exacerbated concerns of returning stagflation, impacting economic recovery. Meanwhile, insights from a Facebook whistleblower raise serious doubts about the accuracy of the platform's user metrics, sparking fears about declining engagement among younger audiences. The ripple effects of these developments are felt across markets and investor confidence.

Geopolitical tensions are driving a precarious energy crisis, with Russia offering to stabilize gas supplies for Europe. General Motors is pivoting towards electric vehicles, aiming to double its revenue by 2030. The Pandora Papers reveal ongoing issues with tax avoidance, drawing parallels with earlier disclosures like the Panama and Paradise Papers. Privacy remains a concern in discussions about financial secrecy and tax reform. Meanwhile, JAB Holding is making waves in the pet sector, responding to evolving consumer trends.

Explore Gabon's ambitious journey to become a 'green superpower' by leveraging its vast tropical forests. The conversation shifts to the rising premiums in private equity, signaling potential market bubbles reminiscent of past crises. Additionally, a whistleblower reveals troubling choices made by a major social media platform, prioritizing engagement over user safety. Dive into the implications of these economic and environmental developments as Gabon strives for sustainability amid climate change challenges.

Oil prices have soared to a seven-year high as OPEC maintains production levels despite a global energy crisis. Meanwhile, tech stocks took a hit, with major players like Apple and Facebook dragging down the market. A whistleblower from Facebook is set to testify before Congress, potentially leading to tighter regulations on the platform. Discussions also highlight Senator Warren's calls for investigations into the Federal Reserve's trading practices, reflecting growing concerns over corporate accountability and regulatory oversight.