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FT News Briefing

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Jan 25, 2022 • 11min

The Big Dip

Stocks on Wall Street ended higher on Monday after investors took advantage of a severe drop early in the session, Peloton has come under attack from an activist investor, and the United Arab Emirates said it intercepted two missiles launched by the Iran-allied Houthi rebels in Yemen. Mentioned in this podcast:US stocks reverse severe losses as buyers step inUAE intercepts ballistic missiles fired by Houthis over Abu DhabiActivist investor urges Peloton to fire chief and explore saleHow connected fitness became the new obsessionRobert Armstrong’s “Unhedged” newsletterThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Jan 24, 2022 • 9min

Discontent at Unilever

Germany’s largest publishers and advertisers are demanding that the EU intervene over the Google's plan to stop the use of third-party cookies, Sony has plans to enter the electric vehicle market. Plus, the FT’s asset management correspondent, Harriet Agnew, discusses the discord at the global consumer goods conglomerate Unilever. Mentioned in this podcast:German publishers oppose Google plan to phase out third-party cookiesActivist hedge fund Trian builds stake in UnileverSony launches electric vehicle unit to ‘explore entering’ market The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Jan 22, 2022 • 36min

FT Weekend: Pati Jinich and Gillian Tett on food, culture and power

This weekend, we look at our culture through new lenses. First, we go to Mexico. Lilah speaks to James Beard Award-winning chef Pati Jinich about how diplomacy is sometimes better achieved through the language of food. Then, anthropologist and FT columnist Gillian Tett looks at social phenomena through the lens of anthropology – from crypto to how tastemakers decide what is 'cool'. Gillian has a PhD in social anthropology and recently published a book called ‘Anthro-Vision’. --------------If you want to explore the FT, use this link for special discounts for listeners: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Pati’s cookbook is called ‘Treasures of the Mexican Table: Classic Recipes, Local Secrets’–Pati’s show, ‘Pati’s Mexican Table’ is on PBS, with some episodes on YouTube: https://www.youtube.com/watch?v=BETE1-6Pzrk –La Frontera is on PBS: https://www.pbs.org/show/la-frontera-pati-jinich/ –Salsa Matcha with pistachios, walnuts and pine nuts: https://patijinich.com/salsa-macha-with-pistachios-walnuts-and-pine-nuts/ –Gillian Tett’s book is called ‘Anthro-Vision’. FT review: https://www.ft.com/content/65d66cf7-f793-4531-9b82-1b54b70bbd21 – Gillian’s latest column: ‘A year on, we haven’t absorbed the lessons of the Gamestop saga’ (paywall): https://www.ft.com/content/8bbd2ef9-41fe-4dfa-8f02-28b3f3dac200    --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.
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Jan 21, 2022 • 9min

The bright side of Bund yields

The Federal Reserve has for the first time launched a period of debate of a central bank digital currency, and Luckin Coffee is planning to relist in the US after being delisted following a $300m fraud scandal. Plus, the FT’s Katie Martin explains why we should pay attention to German Bund yields turning positive this week.  Mentioned in this podcast:Fed opens debate on possible digital currencyLuckin Coffee plots relisting in US two years after $300m fraud​​Germany’s 10-year Bund yield turns positive for first time since 2019The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Jan 20, 2022 • 9min

Moscow’s ‘Fortress Russia’ strategy

 A US Senate committee will begin debating a pair of bills designed to reshape technology regulation, and US banks are gearing up for interest rate rises planned by the Federal Reserve this year. Plus, the FT’s Moscow bureau chief, Max Seddon, explains how Russia has built up its economy to protect itself from sanctions. Mentioned in this podcast:US Senate committee to debate legislation targeting Big Tech’s powerBank of America projects ‘robust’ interest income growth as loans reboundMoscow’s sanction-proofing efforts weaken western threatsHong Kong residents hire private jets to take their pets out of isolated cityThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Jan 19, 2022 • 10min

Microsoft and Activision’s shared virtual universe

The car industry has turned on France’s plan to force manufacturers to attach the equivalent of a public health warning to their advertising, and US telecoms companies will delay their rollout of 5G services near airports. Plus, the FT’s Chris Nuttall, explains why Microsoft’s $75bn deal for Activision Blizzard makes sense. Mentioned in this podcast:Carmakers criticise French plan for health warning on advertsAT&T and Verizon limit 5G service near US airports after airlines’ outcryActivision leverages itself into metaversePatriotic Gen Zs fuel pandemic jewellery boom in China#techFT newsletterThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Jan 18, 2022 • 8min

China applies brakes to Africa lending

UK inflation is expected to rise to a 30-year high when December’s data are released this week, Meta patent applications indicate how the Silicon Valley group intends to cash in on its virtual world with hyper-targeted advertising and sponsored content, Chinese lenders have grown more cautious about lending to African nations as some have reached the limit of their borrowing capacity and the prospect of defaults loom, and the Scottish government has awarded 25 gigawatts of offshore wind project development rights. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:UK inflation set to hit 30-year high as rate rise expectations mountFacebook patents indicate how it intends to cash in on the MetaverseChina applies brakes to Africa lendingBig boost to UK offshore wind capacity from Scottish auctionThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Jan 17, 2022 • 9min

Bain under fire for enabling South Africa corruption

Pension cash for British Gas workers was used to buy Israeli cyberweapon developer NSO Group, European sales of electric cars overtook diesel models for first time in December, and the FT’s Southern Africa correspondent Joseph Cotterill discusses Bain’s role in state corruption in South Africa under former president Jacob Zuma. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyStories mentioned in this podcast:British Gas pension cash used to buy Israeli spyware group NSOhttps://www.ft.com/content/8b427be6-1025-4295-a25c-16374da53b79European sales of electric cars overtake diesel models for first timehttps://www.ft.com/content/f1bdf1cf-8fc3-4b85-a4eb-7df716ebf0a9Bain & Co, tax and Jacob Zuma: a tale of ‘state capture’ in South Africahttps://www.ft.com/content/b1bb5dd0-e7ce-4e15-ac48-05d2d990f6c7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.comhttps://www.ft.com/content/eceaec7d-34cd-43ad-96e1-a77f6809e40a Hosted on Acast. See acast.com/privacy for more information.
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Jan 15, 2022 • 30min

FT Weekend: Tracey Emin: ‘I want to be a happy ghost’

This week, we’ve got two GOATs – that’s Greatests Of All Time. Legendary artist Tracey Emin is starting an art school and studio compound in Margate, England, the seaside town where she grew up. On the week of her winning the Whitechapel Art Icon Award, we speak to Emin about the legacy she’s building and examine the work that came before, from scandalous installations like “My Bed” to her more contemplative work. Then, the FT’s wine columnist Jancis Robinson teaches us about the world of wine. Robinson was the first non-winemaker to receive the title of Master of Wine from the Institute of Masters of Wine, the world’s most prestigious wine organisation.--------------Looking for a discount on an FT subscription? Use this link for special offers specifically for listeners of the show: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Louis Wise’s interview with Tracey Emin for How To Spend It: https://www.ft.com/content/ffd55216-7751-43d3-9ad8-f495cb08d7c7–Tracey Emin’s video “Why I Never Became a Dancer” (1995): https://www.artforum.com/video/tracey-emin-why-i-never-became-a-dancer-1995-49262–A free online exhibition of Emin's video works between 1995 and 2017 (Xavier Hufkens): https://www.xavierhufkens.com/exhibitions/video-works-1995-2017–Jancis Robinson’s Wine Course (Youtube, 1995): https://www.youtube.com/watch?v=jNahwe1nPHc&list=PL0smQshvSba5YYij7-R1HM-HT04woET9A –Jancis’ latest column, “Bargain Burgundy”: https://www.ft.com/content/c59f4150-b431-4202-b7f3-60fab84ac4fb   –Jancis on the truth about the wine world and diversity (no paywall): https://www.ft.com/content/3dc097fc-dbd8-4248-82e6-69d5acc1b169 --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.
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Jan 14, 2022 • 11min

The London-Kazakhstan connection

Google says it will spend $1bn to purchase its office building in London, Katie Martin explains why Ken Griffin selling a $1.2bn stake in his Citadel Securities is a big deal, and FT investigation correspondent, Tom Burgis, describes a British industry that caters to global elites who want to hide their wealth and manage their reputations. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Google bets on return to office with $1bn purchase of London buildingKazakhstan: violent clampdown highlights City of London’s lucrative roleKen Griffin’s Citadel Securities sells $1.2bn stake to Sequoia and ParadigmSecurity talks with US and Nato ‘unsuccessful’, says KremlinTwitter Spaces: Russia’s Geopolitical ambitions - 12pm ET/ 5pm GMT The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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