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FT News Briefing

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Sep 27, 2021 • 10min

Wall Street embraces the ‘Forever CEO’

Read a transcript of this episode on FT.comhttps://www.ft.com/content/c2d3fe11-799d-4f66-be2c-806dda7a9f87At least two Chinese cities are seizing presale revenues from indebted property developer Evergrande in order to block potential misuse of funds, and the SPAC bubble appears to be deflating as investors pull cash out of special purpose acquisition vehicles at increasingly higher rates; more than 150 US economists and researchers have weighed in on how women will be affected economically if US states add new restrictions on abortion access, polls in Germany closed last night with the two leading parties neck and neck, and the FT’s US banking editor Joshua Franklin discusses shrinking CEO tenure among US finance companies and the “Forever CEOs” who are bucking that trend. Join FT journalists on October 4 for a subscriber-only webinar on the outcome of Germany’s historic election and its implications for Germany, Europe and the rest of the world. Register free at ft.com/germanwebinarChinese cities seize Evergrande presales to block potential misuse of fundshttps://www.ft.com/content/595c3f50-755d-4dcc-afc3-4c993e50a936Soaring Spac redemptions signal their fall from favourhttps://www.ft.com/content/1a9be04e-a298-49bb-a3d8-2efee22bca01Lack of abortion access will set US women back, economists warn - with Claire Bushey https://www.ft.com/content/61251b31-0041-461c-bd33-aacf2f13fe10In era of quick-fire bosses, Wall Street embraces the ‘Forever CEO’ - with Joshua Franklinhttps://www.ft.com/content/4814a8ca-57a2-43f1-a6da-f126a4254f6dGerman election likely to extend Merkel’s long goodbyehttps://www.ft.com/content/f30df070-5415-4bd7-b4b4-0bdd4dff3b3cThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
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Sep 25, 2021 • 29min

FT Weekend: How has lockdown changed us? Plus: a night on the Orient Express

Introducing our new FT Weekend podcast. New episodes every Saturday. This is the last episode of the FT Weekend which will be published in this feed, so if you want to keep listening, subscribe now by searching ‘FT Weekend’ in your podcast app of choice.In our third episode, we explore the question of how we’ve changed. Host Lilah Raptopoulos talks to the writer Imogen West-Knights about the phenomenon of treat brain: how the pandemic spurred our desire to excessively indulge. Then, columnist Janan Ganesh describes why lockdown decidedly did not change him — and why he’s worried if it changed you. Plus: Maria Shollenbarger sweeps us away on the world’s most glamorous train.Links from the episode:—Imogen West-Knights describes Treat Brain: https://www.ft.com/content/3ed08931-80b0-43a0-9bba-6c4bcc1b3e70 —Janan Ganesh on the lockdown epiphany that wasn’t: https://www.ft.com/content/bf7c501e-12a5-4737-b297-15eba91b26a0 —Maria Shollenbarger aboard the Orient Express: https://www.ft.com/content/9f776436-8205-48cc-a879-7a053f388671 —Lilah’s Instagram Live with Esther Perel: https://www.instagram.com/tv/CULKKCcJXdq/ We want to hear from you! Follow us on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. What are you reading, watching, eating, doing, that is making you happy? We want your recommendations, and may use them in a future episode. Write us, or record and send us a voice note at ftweekendpodcast@ft.com.Sound design and mixing is by Breen Turner, with original music by Metaphor Music. Hosted on Acast. See acast.com/privacy for more information.
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Sep 24, 2021 • 9min

Germany’s unusually unpredictable election

Read a transcript of this episode on FT.comhttps://www.ft.com/content/74160c71-c5b0-435c-9c09-1c5e9572bb1cGerman voters head to the poll this weekend and the FT’s Berlin correspondent, Erika Solomon, previews this momentous election. Turkey’s central bank unexpectedly cut its benchmark interest rate on Thursday despite accelerating inflation that had already turned borrowing costs negative in real terms. A German foreign policy advisor lashed out at the US about the new Aukus security pact. And US Treasury prices dropped and yields rose on Thursday as traders reacted to the prospect of higher interest rates. Government bond yields rise as investors look to rate rises - with Kate Duguid https://www.ft.com/content/41481456-0bc1-4c54-8e54-05e2ab4042ebTurkey cuts interest rate to send lira tumbling as inflation soars - Ayla Jean Yackley https://www.ft.com/content/ad0f061a-7494-4ff3-be30-c5e8436cfaa9Aukus security pact is ‘insult to a Nato partner’, says Merkel adviserhttps://www.ft.com/content/dfc4f860-c178-4c2a-a46c-c5f4e5595b1aGermany’s election: a new era of uncertain coalition politics - with Erika Solomon https://www.ft.com/content/1fb608e3-1b57-4361-894e-7dc1d1a5abfdThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
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Sep 23, 2021 • 11min

Federal Reserve eyes 2022 rate rise

Read a transcript of this episode on FT.comhttps://www.ft.com/content/a3b42914-2e0e-4246-bc45-1ea9b19b690bThe Federal Reserve has given its strongest signal yet that it will start tapering its bond buying stimulus programme this year and more central bank officials see a first interest rate rise in 2022; Japan’s SoftBank has followed Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala in backing a new $2.5bn private equity fund set up by former US Treasury secretary Steven Mnuchin just eight months after he left office; and the FT’s James Kynge explains that the unravelling of China’s Evergrande property developer shows deep flaws in the country’s growth strategy. More Fed officials see first interest rate rise in 2022https://www.ft.com/content/719c11ec-fb24-40b3-a661-518aa3bc6028SoftBank backs Steven Mnuchin’s $2.5bn private equity fund https://www.ft.com/content/24da1d88-8e63-4868-849f-3e3ecff1c39aValued at $41bn in 2020, the spectacular unravelling of the Chinese property group Evergrande exposes deep flaws in Beijing’s growth strategyhttps://www.ft.com/content/ea1b79bf-cbe3-41d9-91da-0a1ba692309fRachman Review: Biden and the world https://www.ft.com/rachman-reviewThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.
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Sep 22, 2021 • 10min

Gulf states caught between US and China

Read a transcript of this episode on FT.comhttps://www.ft.com/content/bde35a2f-ae3f-4fc5-920f-a6bca45d9eb3Poland and Hungary could lose billions of euros in EU regional aid as the European Commission prepares to wield powers linking the funds to human rights standards in member states, and the ride-hailing group Uber says it is on course to report its first-ever profitable quarter, on an adjusted basis, after more than a decade of burning through billions of dollars in cash, and Gulf states are struggling to balance relations between Washington and Beijing. Behind the Money, Inside ESG: is the $1.7tn wave of sustainable investing hope or hype?https://www.ft.com/behind-the-moneyPoland and Hungary face threat to EU regional aid over human rights concernshttps://www.ft.com/content/3ca265c0-d1d1-4acf-bc9e-b208dab98293Uber on course to post first profitable quarterhttps://www.ft.com/content/ee8c9dfa-b59e-4415-b380-1cdf2f15976c‘More of China, less of America’: how superpower fight is squeezing the Gulfhttps://www.ft.com/content/4f82b560-4744-4c53-bf4b-7a37d3afeb13The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.
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Sep 21, 2021 • 10min

Evergrande’s troubles loom over global markets

Read a transcript of this episode on FT.comhttps://www.ft.com/content/dd3aef66-5189-4b85-873a-e82c80be3c2dGlobal financial markets are jittery about the possible default of indebted Chinese property developer Evergrande but the FT’s markets editor Katie Martin explains why it is unlikely to be another Lehman Brothers; foreign investors, especially from China and Japan, have become major buyers of US Treasuries and could prop up the market if the Fed withdraws; and Coinbase backed down from launching a new lending product after US regulators threatened to sue. Wall Street stocks sell off as Evergrande crisis intensifieshttps://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134Foreign investors help prop up Treasury market as Fed considers retreat https://www.ft.com/content/47551bfb-8ca3-4e73-b34b-0ad19905ae15Shell agrees $9.5bn sale of Permian Basin oil business to ConocoPhillipshttps://www.ft.com/content/33e48318-91ab-47e4-88f3-72986b0a85f6Coinbase abandons lending product after SEC pushbackhttps://www.ft.com/content/bd09f8bf-e65b-4870-affe-55b5346af3e1Rusal strikes deal to supply Budweiser with ultra low-carbon canshttps://www.ft.com/content/ff76ebe5-ca61-417c-b191-1a2c152a935eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
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Sep 20, 2021 • 11min

China’s digital dictatorship

Read a transcript of this episode on FT.comhttps://www.ft.com/content/efcae358-e439-4135-9600-55b23dcd7dc8Australia’s nuclear submarine deal with the US and UK is set to provide a political boost for Scott Morrison’s conservative government, and UK business and energy secretary Kwasi Kwarteng is due to meet energy suppliers on Monday amid fears that dozens of companies could go bust in the coming weeks due to record high gas and electricity prices, and Beijing has pushed through reams of regulations and policies designed to shore up China’s data security, reinforcing the control it exercises over huge volumes of data used in governing the country, boosting the economy and ordering people’s lives.Australia and France intensify war of words over cancelled submarine deal https://www.ft.com/content/55173c4e-79a4-4a65-8294-3fc666026a0bMorrison’s submarine deal drives wedge between Australian oppositionhttps://www.ft.com/content/e7e40eae-0011-4d0a-8a59-b5d5625c7389UK energy groups ask for government ‘bad bank’ to weather gas crisis - with David Sheppard https://www.ft.com/content/684e4ef1-87a9-4bdf-96f4-956df4e0a1e2China and Big Tech: Xi’s blueprint for a digital dictatorship - with James Kynge https://www.ft.com/content/9ef38be2-9b4d-49a4-a812-97ad6d70ea6fThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.
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Sep 18, 2021 • 31min

FT Weekend: The stories we tell, with Elif Shafak

Introducing our new FT Weekend podcast. New episodes every Saturday. We will soon stop publishing FT Weekend on this feed, so you if want to keep listening, subscribe now before you forget! Search FT Weekend in your podcast app of choice.In this episode, Life & Arts columnist Enuma Okoro explores what our cities tell us about ourselves. Then Lilah speaks with Elif Shafak—the most widely read woman novelist in Turkey—about writing in countries without freedom of speech, and her new book, The Island of Missing Trees. Plus: our prolific Undercover Economist Tim Harford makes a case for letting go of your to-do list.You can subscribe to the FT Weekend podcast by searching for 'FT Weekend' wherever you listen. We're on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. Email us at ftweekendpodcast@ft.com.Links from the episode:—Enuma Okoro’s love letter to New York City: https://www.ft.com/content/e2507d84-9a12-4755-a9c7-41c9ea116947  —Lilah’s piece about visiting Armenia: https://www.ft.com/content/2e2f38b0-e7a1-11e8-8a85-04b8afea6ea3 —Review of Elif Shafak’s novel, The Island of Missing Trees: https://www.ft.com/content/1a064a06-bd19-43c7-8237-38931853d0e2 —Tim Harford on to-do lists: https://www.ft.com/content/06ffe40d-fdcc-4be8-b536-810cedce7ed1 —Oliver Burkeman on how not to waste your life (paywall): https://www.ft.com/content/dd0d477b-c1f7-4d74-af68-c1ef1692566cSound design and mixing is by Breen Turner, with original music by Metaphor Music.  Hosted on Acast. See acast.com/privacy for more information.
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Sep 17, 2021 • 9min

Laos welcomes cryptocurrency miners

Read a transcript of this episode on FT.comhttps://www.ft.com/content/8e3784f8-5605-40aa-a8b5-3d0e5bdae9a9An unpublished internal model seen by the FT shows that the European Central Bank expects to hit its elusive 2 per cent inflation target by 2025, and Myanmar’s shadow government is fighting back against the military junta. Plus, the FT’s markets editor, Katie Martin, explains why Laos is allowing cryptocurrency mining. Unpublished ECB inflation estimate raises prospect of earlier rate risehttps://www.ft.com/content/0ee1336d-1c7c-43b5-a8ed-f141f31fb70eLaos pushes into crypto as it authorises mining and tradinghttps://www.ft.com/content/3a820200-0128-42b3-be6c-f5abd6381efaMyanmar violence mounts after shadow government embraces ‘war’https://www.ft.com/content/492bd2b6-e5c9-4d9e-81ea-b95f6c14aef9MassMutual fined $4m over meme-stock trading by ‘Roaring Kitty’https://www.ft.com/content/7ce3b9a4-1f86-4e49-a3cf-6b5a445fef0eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.
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Sep 16, 2021 • 9min

Alexa, pass the scalpel?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/91b4abd2-1ef7-4069-ac25-a4759a2ddfb8Washington has launched a security partnership with London and Canberra which will support Australia’s plan to build a fleet of nuclear-powered submarines and strengthen the allies’ ability to counter China, and Canada holds an election next week with prime minister Justin Trudeau facing unexpected competition, and Amazon plans to become just as ubiquitous in healthcare as it is in other markets by producing the tools and platforms to underpin an industry on the cusp of dramatic modernisation.US builds bulwark against China with UK-Australia security pacthttps://www.ft.com/content/565160c7-b5e0-4750-858a-37224bf3db0cThe Rachman Review: Is Trudeau’s popularity wearing thin?https://www.ft.com/rachman-review The next Big Tech battle: Amazon’s bet on healthcare begins to take shapehttps://www.ft.com/content/fa7ff4c3-4694-4409-9ca6-bfadf3a53a62Didi loses 30% of daily users after Beijing crackdown following IPOhttps://www.ft.com/content/13a768b0-1000-4cad-8a03-36a1e66f460bThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

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