A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See acast.com/privacy for more information.
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Topher Forhecz Podcasts
From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. Hosted on Acast. See acast.com/privacy for more information.
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Podcast by Topher F
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Life and Art from FT Weekend is the twice-weekly culture podcast of the Financial Times. On Monday, we talk about life, and how to live a good one in one-on-one conversations. On Friday, we talk about ‘art’ – in a chat show. Three FT journalists come together to discuss a new cultural release across film, TV, music and books. Hosted by Lilah Raptopoulos, together with the FT’s award-winning writers and editors, and special guests. Hosted on Acast. See acast.com/privacy for more information.
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The Israeli government approved the US-brokered deal for a ceasefire and hostage release in Gaza, the US Treasury has intervened in Argentina’s currency market, and Danish offshore wind developer Ørsted plans to cut about a quarter of its workforce. Plus, the FT’s Katie Martin explains why the good vibes in the markets are really just investors run…
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Quantitative easing is under the microscope
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10:46Donald Trump has said Israel and Hamas have agreed the first step in his plan for a Gaza ceasefire, and Washington wants its companies exempt from EU climate rules. Plus, Chinese customs agents are going after a wide range of US semiconductor tech, and central bankers around the world are facing criticism for a widely used monetary tool. Mentioned …
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Elon Musk and the end of a telecom tycoon’s dream
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Carmakers are falling back in love with petrol
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Coming soon from Tech Tonic: Mission to Mars
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1:40US President Donald Trump has pledged to “plant the stars and stripes on the planet Mars”, China could send its first crewed mission to Mars within a decade, and Elon Musk wants people to actually settle on Mars, transforming the human race into an interplanetary species. In a new series of Tech Tonic, the FT’s Peggy Hollinger asks if we’re really …
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Israel and Hamas head into crunch-time negotiations in Cairo, and Japan’s prospective new prime minister will have work to do to bring her party back together. Plus, Europe is facing a flood of cheap Chinese textile imports, and investors are piling into an unproven technology to power the US artificial intelligence boom. Mentioned in this podcast:…
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Description: The US will provide Ukraine with new intelligence, the American company behind Fico homebuyer credit scores is shaking up the mortgage industry, and Tesla’s global deliveries hit a new record in the third quarter. Plus, Saudi Arabia’s Prince Mohammed bin Salman has sidelined hardliners and sought to remake Islam in a country long seen …
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Sales of Chinese electric-car maker BYD fell for the first time in 19 months in September, the US government shutdown is not likely to affect interest rates, and a fresh bout of jitters is shaking Argentina’s financial markets. Plus, a nascent solar revolution is taking hold in Africa’s largest oil-producing nation, Nigeria. Mentioned in this podca…
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The unsustainable boom in India’s Silicon Valley
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22:45India’s tech hub Bangalore has experienced huge growth of companies and employees in the past two decades. But the city’s infrastructure is not keeping up with such rapid growth. With the tech sector contributing more than $300bn to the nation’s economy, what happens to the country’s growth if Bangalore can’t solve its issues? The FT’s Mumbai burea…
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Spotify has its leadership on shuffle mode 🔀
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10:22The US government has shut down after Democrats and Republicans failed to agree on a spending deal before the October 1 deadline, and Sir Keir Starmer has tried to revive his floundering premiership by urging his Labour party to launch a “patriotic” fight against Nigel Farage’s Reform UK. Plus, US President Donald Trump is launching a direct-to-con…
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Elon Musk’s business empire has been hit by a wave of senior departures over the past year, video games maker Electronic Arts is being taken private by a Saudi Arabia-backed consortium, and Downing Street has opened the door for Labour to break its election promises and raise taxes in the Budget. Plus, the euro’s biggest rally since 2017 has furthe…
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Washington tangos with another government shutdown
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12:17The Trump administration’s financial regulator is preparing to change five decades of corporate reporting practice, and the US government is once again on the brink of a shutdown. Plus, Denmark is closing its airspace to drones after a series of incursions, and drive-throughs are the latest craze sweeping the coffee world. Mentioned in this podcast…
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Vote for the FT News Briefing in the Signal Awards!
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0:44The FT News Briefing has been nominated for Signal’s listener’s choice award for best Daily Podcast. And we need your help in order to win. Please vote for us by clicking the link. Also vote for our other FT podcasts who have been nominated for a Signal award, Behind the Money and Tech Tonic. We promise the whole process will take less than five mi…
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Ukraine’s new war chest: frozen Russian funds?
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11:55Oracle, private equity group Silver Lake and Abu Dhabi’s MGX will control roughly 45 per cent of TikTok USA, Germany’s chancellor has called for Europe to use frozen Russian assets to create new loan to finance Ukraine’s war effort, and a landmark trial finds former French president Nicolas Sarkozy guilty of criminal conspiracy. Plus, can a US bail…
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Vote for Behind the Money in the Signal Awards!
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0:35Behind the Money has been nominated for a Signal Award in the Money & Finance category! It's a Listener Choice award, which means we need your help. Vote for us to win here. We appreciate your support! And while you're at it, vote for some other FT podcasts that have also been nominated. The FT News Briefing podcast was nominated for best daily pod…
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BNP Paribas has relaxed a policy that blocked it from financing “controversial weapons”, US debt investors have raised the alarm over lax lending standards in credit markets, and Italy is considering a freeze in its retirement age of 67. Plus, Singapore and Hong Kong want to become major players in the gold market. Mentioned in this podcast: BNP Pa…
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A subprime auto lender collapsed. Wall Street has questions
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19:55The recent collapse of Tricolor Holdings, a subprime auto lender in Texas, has left a trail of losses and questions from Wall Street to low-income immigrant communities throughout the American south-west. The FT’s US banking correspondent Akila Quinio, and Amelia Pollard, US investment correspondent, explain what they’ve found. Clip from Fifth Thir…
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The boss of Eli Lilly has branded the UK “probably the worst country in Europe” for drug prices, US President Donald Trump hit out at the UN at a speech at the global body’s General Assembly, and the Federal Reserve has scope to cut interest rates another three times, the OECD has said. Plus, the biggest US-listed companies keep talking about artif…
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Nvidia said it planned to invest up to $100bn in OpenAI to support a massive build-out of artificial intelligence data centres, Oracle’s Safra Catz is stepping down as chief executive and the US is considering a “large and forceful” intervention to support Argentina through a bout of severe market volatility. Plus, shares in Indian IT companies fel…
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Big Tech is losing a battle with Brussels
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12:25US companies may have to pay billions in new fees to hire foreign workers, and US tech groups are losing a political battle in Brussels to gain access to the EU’s financial data market. Plus, the UK joined Canada and Australia in recognising a Palestinian state on Sunday, and a Chinese retail giant is facing some growing pains on its European expan…
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Deutsche Bank chief executive Christian Sewing is set to be named as a defendant in legal proceedings, UK Prime Minister Sir Keir Starmer and US President Donald Trump did their best to present a united front, and the Bank of England kept interest rates steady. Plus, Nvidia has agreed to invest $5bn in its struggling rival Intel. Mentioned in this …
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The Federal Reserve has cut interest rates for the first time this year and China is banning its tech companies from buying AI chips made by Nvidia. Plus, how did the Swiss National Bank become one of the world’s top investors in US tech? Mentioned in this podcast: Federal Reserve cuts rates by quarter point and signals more to come China bans tech…
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Is there a future for the ‘Amazon of Africa’?
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24:04Ecommerce start-up Jumia was supposed to become the “Amazon of Africa”. Its prospects seemed promising after raising close to $800mn prior to its IPO in 2019 — more than any African start-up. But in the years since, things haven’t gone the way investors probably hoped. The FT’s west and central Africa correspondent Aanu Adeoye explains Jumia’s plan…
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Trump shifts power from shareholders to bosses
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10:05The UK and US are set to announce deeper co-operation on digital assets such as cryptocurrencies, a UN commission concluded that Israel has committed genocide against Palestinians in Gaza, and Mario Draghi has warned that the EU’s economic competitiveness is on the retreat due to “inaction” by Brussels. Plus, Donald Trump’s administration is shifti…
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Lisa Cook can remain a Federal Reserve governor for now, the US and China seem to be making progress in their trade talks, and the US and UK promised to boost financial ties ahead of a state visit by President Donald Trump. Plus, Gen Z is toppling governments across Asia. Mentioned in this podcast: Lisa Cook can stay at Fed ahead of rates decision,…
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Borrowing costs for the French government are outpacing some French corporations, and the threats to Turkey’s leading opposition party may be part of a wider push to change the country’s democracy. Plus, Chinese export controls on Germanium are forcing defence firms to seek new suppliers, and the failure of a little-known US car lender may spell tr…
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Charlie Kirk’s killing leads to calls for retribution
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12:00Brazil’s supreme court has voted to convict former president Jair Bolsonaro for plotting a coup d’état, conservative activist Charlie Kirk’s killing led to calls on the right for retribution, and US inflation data confirm the Fed’s dual-mandate conundrum. Plus, shares in bitcoin-hoarding companies have tumbled in recent weeks as investors grow incr…
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Conservative political activist Charlie Kirk was shot dead, military analysts are worried about Nato’s response to a Russian drone attack, and US drugmaker Merck has scrapped a £1bn London research centre. Plus, investors have raised a record amount this year off “Bowie bonds”. Mentioned in this podcast: Donald Trump ally Charlie Kirk shot dead in …
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US annual jobs numbers get a revision, and Israel is intensifying its fight against Hamas. Plus, there’s a brand new copper mining conglomerate, and South Korean companies have been cutting corners to bring workers to the US. Mentioned in this podcast: US hiring growth revised down by 911,000 jobs in year to March Israel launches attack on Hamas in…
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How the diamond industry lost its sparkle
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23:32The natural diamond industry is facing an existential threat: lab-grown diamonds. They’re chemically and physically identical to natural stones, and they're just a fraction of the price. Eleanor Olcott, the FT’s China technology correspondent, travelled to the epicentre of lab-grown diamond production in the central Chinese province of Henan to see…
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Rupert Murdoch has resolved the bitter dispute over his sprawling media empire, France is once again without a prime minister, and US bank PNC has agreed to buy smaller peer FirstBank. Plus, North Cyprus is betting big on casinos to boost its economy. Mentioned in this podcast: Murdoch seals $3.3bn succession deal to hand empire to eldest son Macro…
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The French government is on the brink of another collapse, and Japan’s prime minister quits after just a year in office. Plus, China may open its domestic bond market to Russian companies for the first time since 2022, and US economic data is complicating the Federal Reserve’s upcoming decision on interest rates. Mentioned in this podcast: French P…
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Bond investors are counting on US tariff revenues
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12:20US President Donald Trump’s nominee to join the Federal Reserve has vowed to uphold central bank independence, bond traders are banking on revenue from Trump’s tariffs to bolster US public finances, and Nasdaq is trying to combat a number of suspected “pump and dump” scams. Plus, the “Amazon of Africa”, Jumia, is still trying to prove that it can b…
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Lloyds Banking Group will put thousands of its staff at risk of dismissal, and Indonesians are angered over the widening inequality in their country. Plus, MEPs in the European parliament are unhappy with the EU-US trade deal, and the FT’s John Foley explains what artificial intelligence has to do with the outcome of Google’s antitrust case. Mentio…
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Earlier this summer, energy supermajor Chevron secured access to one of the most valuable oilfields in the world. It was the culmination of a months-long battle that pitted America’s second-largest oil company against the largest, ExxonMobil. The FT’s US energy editor, Jamie Smyth, looks at what Chevron aims to do next, and how it plans to take on …
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A sell-off in government bonds spilled into the equity market as stocks fell on Tuesday, and Eurozone inflation ticked up to 2.1 per cent in August. Plus, European banks are intensifying their calls for regulators to remove obstacles to cross-border banking services in the EU. Mentioned in this podcast: European banks push for lower cross-border hu…
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Russia suspected of GPS interference on EU official's flight
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11:00Israeli banks pressed to give back war profits to customers, Russia denies GPS jamming of an European commission jet, and Chinese manufacturer Xiaomi takes on Tesla and Apple. Plus the trial of a former Brazilian president is coming to a close. Mentioned in this podcast: Ursula von der Leyen’s plane hit by suspected Russian GPS interference Israeli…
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The world’s newest petrostate heads to the polls
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11:18The leaders of China and India met on Sunday amid trade tensions with the US, and Guyanese voters head to the polls today to chart a future for the world’s newest petrostate. Plus, the UK secures its largest ever warship deal with Norway, and AstraZeneca’s China division has recovered from a major scandal by pledging billions in new investment. Men…
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Coming soon from Tech Tonic: Will AI ruin music?
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1:53AI music generators - platforms that use artificial intelligence to create new, original music from scratch - can make songs that are almost indistinguishable from human creations. For some musicians, they’re the next frontier in music-making technology. But for others, they represent a grave threat, flooding the world with low-grade AI music, stea…
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Some World Trade Organization members are preparing to unveil a new grouping to boost “trade openness”, and the FT’s Katie Martin unpacks the lack of market moves after Nvidia’s outlook. Plus, a four-month “ninja stealth rally” has driven Tokyo’s equity market to record highs. Mentioned in this podcast: Singapore, UAE and other small nations to lau…
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Nvidia’s earnings report signalled solid growth, cryptocurrencies are taking a hold of Venezuela’s economy, and more than half of the UK’s biggest listed companies chose external candidates as their new chief executive. Plus, SoftBank’s Masayoshi Son has become an unofficial diplomat between Washington and Tokyo. Mentioned in this podcast: Nvidia r…
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This week we're sharing an episode from, Unhedged, another podcast from the FT network. The annual meeting of central bankers in Jackson Hole, Wyoming, is supposed to be an intellectual retreat. Instead, it was overshadowed by personal and political attacks on US Federal Reserve board member Lisa Cook. Today on the show, Katie Martin talks to US ec…
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The risk of firing a central bank governor
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10:01Investors are worried that Donald Trump’s attempted firing of a Federal Reserve governor could undermine faith in the world’s most important central bank, and FT sources say the US has said it is prepared to provide intelligence assets to any western security plan for postwar Ukraine. Plus, French assets were hit on Tuesday as investors reacted to …
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US President Donald Trump said he was firing Federal Reserve governor Lisa Cook, shares in Ørsted plunged after the Trump administration halted one of the Danish wind farm developer’s almost-completed projects, and Elon Musk’s xAI has sued Apple and OpenAI alleging they broke antitrust rules. Plus, Germany’s government is encouraging young people t…
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Jerome Powell triggers market bets on a September rate cut
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11:49Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street’s Spac market. Mentioned in this podcast: Jay Powell paves the way for Federal Reserve interest rate…
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The return of ‘pump and dump’ stock scams
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11:04EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post. Plus, investors lost billions of dollars in July in what could be pump and dump stock scams. Mentioned in this podcast: EU speeds up plans for digital euro after US passes stablecoin…
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Chinese regulators are pushing back against US AI chips, Target shares fell more than 6 per cent after the retail group picked an insider to be its new chief executive, and UK inflation accelerated more than expected to 3.8 per cent in July. Plus, China is making a big push for vehicle battery swapping. Mentioned in this podcast: Beijing turns agai…
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What to expect from Jay Powell’s Jackson Hole speech
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11:19US tech stocks sold off on Tuesday, and Federal Reserve chair Jay Powell will be between a rock and a hard place when he delivers his speech at the Jackson Hole Economic Policy Symposium this Friday. Plus, Ozempic-maker Novo Nordisk has fallen behind its rivals. Does it have a plan to catch up? Mentioned in this podcast: Jay Powell to deliver Jacks…
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Palantir shares have soared this year, making the data analytics company one of the most valuable listed US tech groups. The FT’s Tabby Kinder explains how a paradigm shift in Silicon Valley helped propel Palantir to new heights and why many think it will be among the biggest winners of more US federal spending on national security, immigration and…
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