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FT News Briefing

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Sep 15, 2021 • 9min

China deals a blow to Blackstone’s ambitions

Read a transcript of this episode on FT.comhttps://www.ft.com/content/24c2b733-9dca-4dcf-81d2-ca90583a3ac9US consumer prices in August rose at a more moderate pace in a sign that inflationary pressures associated with the end of Covid-19 lockdowns are easing, and bank executives say consumer spending is outpacing pre-pandemic levels as shoppers shrug off the Delta variant, and Blackstone abandoned a large deal in China after Beijing’s antitrust regulators refused to sign off on it within the agreed time frame, and big Chinese cities suspended land auctions in response to rules aimed at lowering housing prices. Pace of US consumer price rises cools slightly in Augusthttps://www.ft.com/content/eaf6d095-1531-4458-a504-c110d4101469US consumers still spending despite Delta risk, banks sayhttps://www.ft.com/content/5189f544-c7ff-4564-8b46-1fb74b70dfd5Blackstone drops $3bn takeover of property developer Soho China https://www.ft.com/content/b732381e-61ea-4bab-8260-5048ff737047Chinese land auction blunder undercuts Xi’s inequality crusadehttps://www.ft.com/content/40187a8f-9776-4036-91ca-665b44cec086?Call of the great outdoors fades for advertisers during muted commutinghttps://www.ft.com/content/037b6d79-b9e9-4dc1-8224-413a7f613332The 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 14, 2021 • 10min

Diesel vs Doughnuts

Read a transcript of this episode on FT.comhttps://www.ft.com/content/63d65f6a-045d-4da8-b170-c30642cea5ccChinese police are using a new anti-fraud app installed on more than 200m mobile phones to question people who have viewed overseas financial news sites, and Brazil’s first openly gay state governor enters the country’s race for president. Plus, the FT’s Houston correspondent, Justin Jacobs, explains why new biofuels refineries are creating headaches for the food industry. China uses app to monitor access to overseas financial news sites https://www.ft.com/content/84b6b889-ae03-47f7-9cd0-bd604b21d5de Brazil governor pitches third way between Bolsonaro and Lula in 2022 elections - with Michael Stott https://www.ft.com/content/06b00d4b-9cf9-41d3-b888-50ee8613bf12‘Diesel vs doughnuts’: new biofuel refineries squeeze US food industry - with Justin Jacobs  https://www.ft.com/content/b5839a04-a06a-49c1-8622-2974cbb9a84a British hedge fund partner plots return of Trump-era social network Parler https://www.ft.com/content/261fecd4-715f-4b90-a7fa-57d7d4013788The 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 13, 2021 • 10min

Hedge funds flock to Silicon Valley

Read a transcript of this episode on FT.comhttps://www.ft.com/content/40cef59a-441b-4b97-bea8-7a3ec838bc4bBeijing wants to break up Alipay and create a separate app for the company’s highly profitable loans business, Norway’s voters will weigh in on the country’s petroleum production in what’s being called a “climate election,” and a new analysis found that Ireland is failing to keep US Big Tech companies in check. Plus, the FT’s Laurence Fletcher explains why hedge funds are muscling into Silicon Valley and making a record number of deals. FT survey: The return to the office - are you under pressure to go back?https://survey.ft.com/jfe/form/SV_4MZ2tuhkW4NghKuBeijing to break up Ant’s Alipay and force creation of separate loans apphttps://www.ft.com/content/01b7c7ca-71ad-4baa-bddf-a4d5e65c5d79Norway’s oil rises to top of election agenda as climate fears grow - with Richard Milnehttps://www.ft.com/content/70b3ec35-6558-4032-9a0c-47c40a6df5a8Ireland ‘fails’ to enforce EU law against Big Techhttps://www.ft.com/content/5b986586-0f85-47d5-8edb-3b49398e2b08Hedge funds muscle in to Silicon Valley with private deals - with Laurence Fletcherhttps://www.ft.com/content/4935b205-8344-465a-8edf-dc23ec990302The 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 11, 2021 • 28min

Introducing the FT Weekend podcast: 9/11 and the passing of time

Twenty years after the Twin Towers were brought down, FT Weekend podcast host Lilah Raptopoulos explores where 9/11 sits in our memories. The FT’s New York correspondent Joshua Chaffin introduces us to billionaire developer Larry Silverstein, who bought the World Trade Center in July of 2001 and had to rebuild on the site of a tragedy. How do spaces change in meaning over time? The FT’s former Kabul correspondent Jon Boone introduces us to the “New Afghanistan” generation, what they were promised, and what was lost. Plus: we hear from a woman who fled the Taliban and is now waiting in limbo in Albania, suddenly a refugee.  You can subscribe to the FT Weekend podcast by searching for 'FT Weekend' wherever you listen.We’re on Twitter at @FTWeekendpod. Lilah is on Twitter and Instagram @lilahrap. Links from the episode: Josh Chaffin on Larry Silverstein: https://www.ft.com/content/f38a5067-58d1-491f-902f-568abcdd8a84#comments-anchorJon Boone on The Last Days of the New Afghanistan: https://www.ft.com/content/4a276093-cf85-4da7-9093-6af6443bb53aSound 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 10, 2021 • 10min

The SEC vs Coinbase

Read a transcript of this episode on FT.comhttps://www.ft.com/content/0b052bc2-c481-49c7-a645-c83e90f45ff1A poll shows leading economists believe the Federal Reserve will raise interest rates in 2022 due to inflationary pressures, the ECB says it will move to “a moderately lower pace” in its €1.85tn pandemic emergency purchase programme, and one of China’s largest property developers, Evergrande, faces the risk of default. Plus, the FT’s US Legal and Enforcement Correspondent, Stefania Palma, explains why regulators around the world are keeping an eye on the clash between the Securities and Exchange Commission and the cryptocurrency exchange, Coinbase.Economists forecast quicker return to US interest rate rises than Fed projectionshttps://www.ft.com/content/0a7a4edd-b656-4d6a-b608-454241d0288eECB to slow bond-buying as Europe’s economy improveshttps://www.ft.com/content/e8a78a9f-8e81-403a-a1be-9ad8e6199e72SEC puts crypto industry on notice with Coinbase movehttps://www.ft.com/content/66eca8c0-2d3a-4578-bd92-e604e2af054fEvergrande liquidity crisis: why the property developer faces risk of defaulthttps://www.ft.com/content/6d127e05-2208-4226-9cd1-ef2f7463cdf0The 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 9, 2021 • 10min

The world’s biggest direct carbon capture plant

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7344543b-aefa-4715-8494-7c92e1e531f2A court heard opening arguments in the case against the founder of the failed blood-testing technology start-up Theranos, Janet Yellen has warned that the US Treasury could run out of cash next month, and PayPal has acquired the Tokyo-based buy now, pay later company, Paidy. Plus, the FT’s environment and clean energy correspondent, Leslie Hook, explains how the world’s largest CO2 direct capture plant works. ‘Failure is not a crime,’ Theranos founder’s lawyers tell juryhttps://www.ft.com/content/b7462815-f022-4e11-a3fd-a7845b1191a2Janet Yellen warns US Treasury risks running out of cash in Octoberhttps://www.ft.com/content/4433d8ef-7d18-4c07-ba08-7f05fcbdb0b8PayPal to acquire buy now, pay later provider Paidy for $2.7bnhttps://www.ft.com/content/cdeccd3c-fe41-4228-ad11-9efc6f5c9d2dWorld’s biggest ‘direct air capture’ plant starts pulling in CO2https://www.ft.com/content/8a942e30-0428-4567-8a6c-dc704ba3460aEY will invest $2bn to improve audits after series of scandalshttps://www.ft.com/content/737dd635-dba2-49d7-bcdd-34f467b218ea?The 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 8, 2021 • 11min

Is Xi Jinping moving China into a new era of Maoism?

Read a transcript of this episode on FT.comhttps://www.ft.com/content/7a545b87-55eb-4dbd-b9a0-c80def4bdcf8Pfizer’s chief scientific officer Philip Dormitzer denied that the company should have developed a more potent Covid-19 vaccine, and the Taliban has announced Afghanistan’s first government since the US left the country, and James Bullard, president of the St Louis Fed pushed back on concerns that the US labour market recovery is faltering. Plus, the FT’s Beijing bureau chief, Tom Mitchell, explains whether China is heading into a new political era under president Xi Jinping. Top Pfizer scientist defends booster push and vaccine potencyhttps://www.ft.com/content/3ee3efaa-766c-42c9-baf7-9825d3e78edfTaliban announces government as it faces growing crises and isolationhttps://www.ft.com/content/9cc0e2ca-19ab-4614-a168-76f1e4c1875bTop Fed official pushes for quick ‘taper’ despite weak US jobs growthhttps://www.ft.com/content/7c2fc0ce-e7c0-4083-92e8-e81d9235ab45The Chinese control revolution: the Maoist echoes of Xi’s power playhttps://www.ft.com/content/bacf9b6a-326b-4aa9-a8f6-2456921e61ecThe 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 7, 2021 • 10min

Why developing countries are so keen on cryptocurrencies

Read a transcript of this episode on FT.comhttps://www.ft.com/content/768cdb61-a131-42de-b8d6-42c3c757cb82Prime minister Boris Johnson will announce a tax rise of more than £10bn a year today, and the military junta that overthrew Guinea’s president is urging mining companies to keep operating.  Plus, the FT’s emerging markets correspondent, Jonathan Wheatley, explains why developing countries have provided fertile ground for cryptocurrencies to take hold. Johnson set to unveil £10bn tax rise to fund NHS, social carehttps://www.ft.com/content/47120539-1930-4065-ae93-de84dc51378cGuinea coup leaders urge mining companies to keep operatinghttps://www.ft.com/content/6ff3fe38-66f1-4d76-995a-457936305dd2Cryptocurrencies: developing countries provide fertile groundhttps://www.ft.com/content/1ea829ed-5dde-4f6e-be11-99392bdc0788‘Shang-Chi’ smashes Labor Day records with $90m in ticket saleshttps://www.ft.com/content/731d8697-a894-4f81-aae6-0a27f3cf85edThe 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 6, 2021 • 11min

Bridgepoint’s hidden executive pay

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6b286858-b05a-4211-8e04-315b4e8bac38A frantic summer of dealmaking has put 2021 on track to break records, and Japan’s future is uncertain after prime minister Yoshihide Suga abruptly announced his departure. Plus, the FT’s private capital correspondent explains how a prominent British private equity firm went public this summer but has kept its executive pay opaque Global dealmaking set to break records after frenzied summerhttps://www.ft.com/content/4b955a75-55a4-4e13-b785-638b88bbfb0bYoshihide Suga’s exit sets off fight to reshape Japanese politicshttps://www.ft.com/content/fff52074-ee42-43c3-a96f-d1332005d802Bridgepoint went public. Executive rewards stayed private.https://www.ft.com/content/25649306-ac8a-4183-894a-7df1eb798acfBrewDog launches venture with Japan’s Asahi to boost saleshttps://www.ft.com/content/964b92ae-18d7-41a0-b8f1-138baa54870eThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. 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 4, 2021 • 27min

Introducing FT Weekend: The good life, with chefs Daniel Humm and Alice Waters

In this first-ever episode of the FT Weekend podcast, host Lilah Raptopoulos talks to Eleven Madison Park’s Daniel Humm and Chez Panisse’s legendary Alice Waters to discover how the world’s top chefs are finding purpose beyond their restaurants. Humm created a buzz in May when he announced that his world-famous restaurant would be going entirely plant-based. Has that risk paid off? And what does it mean to do good as a chef?Plus: the FT’s design critic Edwin Heathcote gives us a tour of the world’s most revengeful architecture, and reporter Madison Darbyshire shares tips for how to furnish your home with old things.You can subscribe to FT Weekend podcast by searching for FT Weekend wherever you listen.We’re on Twitter at @FTWeekendpod. Lilah is on Twitter and Instagram @lilahrap. Links from the episode:Lilah’s piece on chefs (paywall) - https://www.ft.com/content/246cdc2a-f135-4d3d-9d74-e524e9217699 Edwin on the architecture of spite (paywall) - https://www.ft.com/content/1161fbbe-5ae1-4328-bf59-dcd8b1d6564f Madison’s masterclass in flea-market chic - https://www.ft.com/content/6c8bf8a2-ddee-11e9-9743-db5a370481bc 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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