FT News Briefing

Tensions are rising as China accuses the EU of jeopardizing global trade with new regulations. The recent COP26 summit resulted in agreements on emission reductions, but debates over coal usage have sparked controversy. The podcast also dives into the complexities of the Brexit deal, specifically the customs challenges between Northern Ireland and the Republic of Ireland, and discusses the potential triggers of Article 16. Meanwhile, the Premier League is closing in on a record-breaking U.S. TV rights sale amidst the shifting sports media landscape.

This fascinating discussion explores the quest to defy death, featuring a daring rock climber's wild family adventures that blend thrills with nature. It examines the possibility of extending human life to 150 or 200 years through groundbreaking scientific research and the ethical implications that arise. Insights into the luxury life extension market reveal disparities in access and motivations, while the balance of risk in adventurous lifestyles prompts questions about what living forever truly means.

Toshiba is set to restructure by splitting into three entities as it faces shareholder pressure. A Facebook whistleblower is urging the UK and EU to establish stricter regulations to combat online harm, highlighting the need to differentiate between harmful and illegal content. The conversation also touches on recent U.S. inflation trends and Elon Musk's surprising decision to sell 10% of his Tesla shares. This mix of corporate ethics and social media accountability keeps listeners engaged and informed.

U.S. consumer prices surged at the highest rate in thirty years, posing significant challenges for the Biden administration. Meanwhile, Rivian made a remarkable stock market debut, gaining 37% on its first day, driven by a deal with Amazon. In Colombia, the president controversially blamed cocaine users for damaging the Amazon rainforest, highlighting the complex ties between narco-trafficking and environmental issues. Additionally, Disney faced disappointing subscription growth, impacting its stock value.

Big investors are tightening their grip on companies over climate change, pushing for sustainable practices. General Electric plans a bold split into three separate companies to streamline operations. The trend of moving away from traditional conglomerates is evident, with firms like Toshiba following suit. Activist investors are reshaping the investment landscape, notably through divestment from fossil fuels. The challenges of balancing shareholder demands with climate responsibility are becoming increasingly complex.

Elon Musk’s Twitter poll prompts a surprising decision to consider selling 10% of his Tesla shares, causing a stir in the markets. This comes as Tesla's stock faces a nearly 5% drop. Meanwhile, the Federal Reserve prepares for changes in leadership with Randal Quarles stepping down, opening doors for potential new appointments. In corporate news, Masayoshi Son announces an ambitious $8.8 billion share buyback to counter investor pressure, raising questions about stock sustainability and strategies.

Discover the financial minefields that young footballers face as they suddenly handle large sums of money. Hear personal stories of those who fell victim to poor financial advice and risky investments. Learn why financial literacy is crucial and how unexpected career changes can impact finances dramatically. The importance of proactive financial planning for these athletes is highlighted, emphasizing the need for retirement preparation and informed decision-making.

The White House warns that OPEC+ is jeopardizing the global economic recovery by stalling oil production increases. SoftBank faces pressure for a stock buyback to stabilize its share price. Rising inflation complicates the bond market’s relationship with central banks, as they balance investor expectations with economic stability. The discussion offers insights into energy market dynamics and the evolving financial landscape influenced by fossil fuel demand and changing central bank policies.

The Federal Reserve plans to reduce its monthly bond-buying, signaling a shift in monetary policy. Meanwhile, the UK seeks Qatar as a new gas supplier amid a crisis. Argentina faces severe economic challenges, with high inflation driving young people to emigrate and complicating debt negotiations with the IMF. The nation’s hardening stance in talks raises concerns about a potential default. In a different arena, renewed talks on the Iran nuclear deal add another layer of complexity to global relations.

Major banks, such as BNY Mellon and Barclays, face criticism for softening climate commitments while continuing fossil fuel financing. Gulf states are caught between net-zero goals and the need to sustain oil revenues for funding green transitions. The podcast highlights a $130 trillion pledge from private sectors to combat climate change and discusses the pressing regulatory needs to mobilize these funds. It also delves into Gulf nations' strategies to shift towards renewable energy amid public and economic challenges.