FT News Briefing

Netflix’s shares fell more than 8 per cent on Thursday despite as-expected earnings after the streaming giant forecast its worst revenue growth in three years, and incoming UK prime minister Andy Burnham is leaving phone calls from the country’s business community unanswered. Plus, teams from western Europe keep winning the World Cup, and that’s because they’ve invested heavily in the sport from the ground up. Mentioned in this podcast:Netflix shares slide on disappointing growth forecastsBusiness worries about how to reach Andy BurnhamInvestors say BoE should slow or stop long-dated bond salesWorld Cup shows US is ‘golden market’ for football, says Major League Soccer bossHow western Europe became a formidable football factoryWorld Cup Fever: A Soccer Journey in Nine TournamentsWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Energy companies going public are raising money at their fastest pace this century and China’s growth rate is at its lowest in decades, according to the country’s latest GDP numbers. Plus, oil traders are worried that crude supplies are running low, and the US state department is struggling under President Donald Trump, with one-fifth of the diplomatic corps gone and few ambassador posts filled.Mentioned in this podcast:Energy IPOs surge as investors hunt for ways to play AI boomChina’s economy grows at one of lowest rates in decadesOil traders warn market is close to running on empty as Hormuz shuts againRIP the US state departmentCredit: C-SPAN Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

British teenagers face a midnight curfew on social media platforms, US inflation dipped in June and Wall Street’s top banks brought in $19.3bn in revenue from equities trading. Plus European regulators are considering loosening bank regulations. Mentioned in this podcast:UK teenagers face midnight curfew on using social media platformsKevin Warsh vows Federal Reserve will be ‘resolute’ in inflation fightUS inflation fell more than expected to 3.5% in June as petrol prices tumbledWall Street banks smash records on stock trading boomBrussels to propose easing banks’ capital requirementsCredit: US House Committee on Financial ServicesWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The United Arab Emirates is trying to build a port that will bypass the Strait of Hormuz, and American small-cap companies are soaring after years of underperformance. Plus, the FT’s Michael Pooler explains how Brazil’s instant payment system ended up at the centre of a new US tariff threat.Mentioned in this podcast:US to resume Strait of Hormuz blockade and charge fees on ships, Trump saysDubai plans new port to bypass Strait of HormuzBrazil rallies to defend much-loved payment system from Donald Trump’s attackUS small caps soar as investors look beyond big techWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Wall Street banks are set to report their biggest haul from investment banking fees in four and a half years, while Citigroup boss Jane Fraser has ruthlessly rebuilt the bank to get it back to its pre-financial crisis glory. The US launched another round of strikes against Iran, and trustees at the World Economic Forum are clashing over leadership reforms.Mentioned in this podcast:Wall Street feasts on fees from SpaceX IPO and mega-mergersJane Fraser’s ruthless remake of CitigroupIran bets Trump will blink firstUS and Iran exchange fresh strikes in battle over Strait of HormuzWorld Economic Forum trustees clash over leadership reformsWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Introducing Rewiring Sport from Tech Tonic. For the next episodes in this season go to the Tech Tonic feed.For decades, sportspeople have been getting fitter, faster and reaching ever-higher levels of performance. But as the margin between winning and losing shrinks, athletes are turning to technology to make the difference.In this new season of Tech Tonic, Josh Noble explores how advanced ‘supershoes’ are helping to break marathon records, how young players are using AI to catch the eye of recruiters in the ultra-competitive world of American football, and how UFC is finding new ways to keep fighters healthier for longer.This season of Tech Tonic is hosted by Josh Noble and produced by Josh Gabert-Doyon. The senior producer is Edwin Lane and the executive producer is Topher Forhecz. Sound design by Breen Turner and Sam Giovinco. Original music by Metaphor Music. The FT’s head of audio is Flo Phillips. Clips: BBC, British Pathé, MMA World, Fight Network, @SportsRecruitsRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

OpenAI and Google are selling their advanced AI models to Chinese tech giants blacklisted by the Pentagon, and South Korea's SK Hynix is listing in the US on Friday in what could be the biggest share sale in America by a foreign company. Plus, the World Cup has led to match-ups with a lot of history: former colonised nations versus their colonisers. Mentioned in this podcast:OpenAI and Google sell AI models to blacklisted China groupsSK Hynix’s jumbo share sale a sign of overheated timesFrance’s diverse football factory and the struggle for national unityListen to episodes of Tech Tonic on Apple Podcasts, Pocket Casts or Spotify.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US struck Iran for the second night in a row, and the IMF warned that renewed conflict in the Middle East would drive up global inflation. Plus, US oil producers and refiners are set to post record profits from the Iran war. Mentioned in this podcast:Nato summit live news: Trump says ceasefire with Iran is overIMF warns inflation threat looms large over global economyUS oil on collision course with Trump over Iran windfallsWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US President Donald Trump threatened to remove all American troops from Europe and is reviving his calls to take over Greenland, French far-right leader Marine Le Pen said she will run for president, and Reform UK leader Nigel Farage resigned as an MP to force a by-election in which he’ll stand again. Plus, Meta is testing “super sensing” AI glasses that can record everything that you see and hear.Mentioned in this podcast:Trump threatens to remove all US troops from EuropeMarine Le Pen speaks after court ruling Nigel Farage quits as MP to force Clacton by-electionMeta tests ‘super sensing’ AI glasses that can record every moment Listen to Political Fix on Apple Podcasts, Pocket Casts or Spotify.CREDIT: BBC Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Greek shipping companies have made at least $3.8bn transporting Russian oil over the past three years, Turkey wants its booming defence sector to arm Europe, and large institutional investors are committing billions of dollars to private credit funds. Plus, the Big 4 consulting firms are struggling with their credibility in Australia after a series of scandals.Mentioned in this podcast:Greek shipping companies made almost $4bn shipping Russian oil in past three yearsErdoğan rival shuttled between trials as Nato meets in TurkeyTurkey’s defence industry is booming. Europe is in its sightsBig investors commit billions to private credit despite turmoil‘The brakes failed and they’ve crashed the car’: how the Big Four’s wheels fell off Down UnderWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The tech industry is having a renaissance in London. It's home to the main foreign outposts for giants such as Google and Meta, as well as their well-funded AI challengers including OpenAI and Anthropic. But all those companies are American. Now there's a push to launch a homegrown competitor so the UK can have more sovereignty over its tech.Mentioned in this podcast:How the DeepMind mafia brought the AI boom to LondonTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs herePrize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US economy fell short of Wall Street expectations by adding only 57,000 jobs in June, South Koreans are pouring AI stock windfalls into an overheated property market and investors in Blue Owl Capital tried to pull $4.7bn from the firm’s private credit funds in the second quarter. Plus, the FT’s sports editor Josh Noble and Berlin correspondent Laura Pitel explain how Germany’s shock exit from the World Cup pairs with wider discontent over the country’s economic woes.Mentioned in this podcast:US economy undershoots forecasts with 57,000 jobs added in JuneSouth Koreans pour AI stock windfalls into overheated property marketBlue Owl hit by $4.7bn of redemption requests as investor exodus persistsGermany’s shock World Cup exit sparks reckoningFriedrich Merz unveils €10bn tax cuts to revive German growthTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts CREDIT: FOX Sports, FOX OneThe FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

OpenAI has discussed giving a 5 per cent stake to the US government, UBS will start trialling everyday banking services for its American employees within months, and dealmaking hit record levels in the first half of the year. Plus, many Russians are angry that the Ukraine war is now playing out on their territory.Mentioned in this podcast:OpenAI proposes handing Trump administration 5% stakeUBS to trial US banking services in push for wealthy American clientsMega takeovers drive record $2.8tn in dealmakingPutin admits Ukrainian drones are causing ‘problems’Putin ties himself to ruling party as war fatigue bitesListen to the Rachman Review on Apple Podcasts, Pocket Casts or Spotify.Tell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nato secretary-general Mark Rutte told the FT that Europe’s rearmament drive was sustaining 195,000 US defence jobs through $300bn in arms orders, and Bending Spoons’ initial public offering will test how a page out of the private equity playbooks works in public markets. Plus, KNDS is having a hard time getting investors to back its IPO, and the FT’s Anantha Lakshmi explains why Indonesians are growing impatient with President Prabowo Subianto. Mentioned in this podcast:Europe’s rearmament drive is sustaining 195,000 US defence jobs, Nato chief saysBending Spoons tries out an odd kind of financial magic trickIndonesians sour on Prabowo Subianto as currency weakensKNDS struggles to convince investors to back IPO at €12bn-plus valuationTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US Supreme Court blocked President Donald Trump from firing Federal Reserve governor Lisa Cook, and investors are pivoting from the Magnificent Seven Big Tech stocks. Plus, foreign investors are worried the Japanese government is in danger of backsliding on corporate reforms.Mentioned in this podcast:US Supreme Court blocks Donald Trump from sacking Fed governor Lisa CookMagnificent Seven stocks shed $2.7tn in Wall Street tech rotationForeign investors fear Japan is backsliding on reformTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, and UK prime minister-in-waiting Andy Burnham will on Monday pledge to deliver “good growth in every postcode” of the UK. Plus, the US-Mexico-Canada trade agreement expires on Wednesday. Mentioned in this podcast:AI fuels record $200bn M&A boom in US power sectorAndy Burnham sets out ‘10-year mission’ to raise living standardsDonald Trump suggests he may not renew trade deal with Mexico and CanadaTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. Take the survey here: https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Bethlehem Steel was the lifeblood of Pennsylvanian town's economy, and a major contributor to American manufacturing during the 20th century. But when the local plant closed in the 1990s and the company went bankrupt in the early 2000s, Bethlehem’s economy didn’t crater. It pivoted to other industries such as transportation and healthcare. Host Sonja Hutson takes us through the rise and fall of Bethlehem Steel and introduces us to steelworker-turned-nurse, Bill Leiner. He’s a living example of how an economy can adapt and rebuild after a major disruption. Listen to all episodes of The Bethlehem Project here. The Bethlehem Project is hosted and produced by Sonja Hutson and edited by Marc Filippino. This episode was mixed by Breen Turner. Our executive producer is Topher Forhecz. The FT’s global head of audio is Flo Phillips. Special thanks to Pierre Nicholson.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The race to succeed JPMorgan Chase chief executive Jamie Dimon just got tighter, and the investment chief at insurance group Allianz is warning that the SpaceX bond sale signals markets are in ‘bubble territory’. Plus, the US Supreme Court shielded German pharmaceuticals group Bayer from thousands of lawsuits over its Roundup weedkiller.Mentioned in this podcast:Jamie Dimon promotes two potential successors at JPMorganSpaceX bond sale signals markets are in ‘bubble territory’, warns Allianz CIOBayer wins crucial US Supreme Court ruling over Roundup weedkillerTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. Take our survey: https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Anthropic accuses Alibaba of obtaining ‘illicit’ access to Claude, and concern is brewing over KNDS’s upcoming initial public offering after Germany scraps warship plans. Plus, Meta is turning to AI content moderators, and the FT’s John Plender breaks down Donald Trump’s contributions to the US national debt. Mentioned in this podcast:Anthropic accuses Alibaba of obtaining ‘illicit’ access to ClaudeMeta races to replace human moderation with AIBerlin warship U-turn hits defence sector as KNDS heads to marketTrump’s empire of debtTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. Take our survey: https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Venezuela is set to take on the largest sovereign debt restructuring in history. Plus, chip stocks led a sell-off on Wall Street, and Nvidia’s AI chips have more than doubled in price on China’s black market. Mentioned in this podcast:Venezuela to reveal $240bn debt pile in world’s largest restructuringUS chipmakers lead Wall Street slide on rising rate rise worriesNvidia’s banned AI chips double in price on China’s black marketTell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Michela Tindera, Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Keir Starmer has resigned as British prime minister, private equity executives are borrowing against their future share of profits, and former US Federal Reserve chair Alan Greenspan died at the age of 100. Plus, the FT’s Andean correspondent Joe Daniels traveled to a rural part of Colombia to find out what’s driving the country’s new cocaine boom.Mentioned in this podcast:Political Fix: Exit Starmer, enter BurnhamBuyout bosses turn to carried interest loans as payouts stallWhat lies behind the new boom in Colombian cocaineAlan Greenspan dies aged 100CREDIT: Keir Starmer YouTube page Tell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. https://www.feedback.ft.com/c/a/6f9bJBvxsxaEBSIB5esBISOver 18s only. Find full T&Cs here Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Michela Tindera, Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK Prime Minister Keir Starmer could be on his way out of Westminster, and the US and Iran held high-stakes talks in Switzerland to officially end the war. Venture capital funds are rushing into defense tech startups on the back of the world’s wars, and the FT’s Claire Jones explains why Wall Street sees more volatility ahead from changes to Federal Reserve communications.Mentioned in this podcast:Keir Starmer on brink of quitting as UK prime ministerWhat Andy Burnham’s Westminster past reveals about himUS and Iran hold crunch talks in SwitzerlandWars trigger $12bn venture capital rush into defence techKevin Warsh’s push to axe Fed guidance may lift US borrowing costs, investors warnTake our survey! Tell us your thoughts to enter a prize draw for a chance to win a pair of Bose QuietComfort Headphones worth £229. Over 18s only. Find full T&Cs here. Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email [email protected] upon entry. For more information on your rights and how we use your data, please read our Privacy Policy.Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Labour’s Andy Burnham has won the crucial Makerfield by-election in the UK, a resurgence in the dollar is reversing bets on the currencies of big emerging markets and major commodity producers, insurers are trying to define “war” as a type of risk, and the Bank of England held interest rates at 3.75 per cent yesterday. Plus, the FT’s Saffeya Ahmed explains how this World Cup is a complicated one for Iran’s diaspora as its national team competes on American soil.  Mentioned in this podcast:Makerfield by-election result: Andy Burnham wins crucial poll‘Hawkish shift’ in US rates upends global currency betsInsurers seek to define ‘war’ as risk rises of global power clashesBank of England holds interest rates at 3.75%Iranian football team told to return to Mexico after opening World Cup gameFor Iran’s diaspora, a tough World Cup call: To support the national team or protest – or both?Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Michela Tindera, Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve has dropped its bias towards lowering rates in the central bank’s first meeting chaired by Kevin Warsh, President Donald Trump said the US would release frozen Iranian funds, and UK inflation held unexpectedly steady last month. Plus, Chinese tech giant Huawei is making a huge comeback after being written off seven years ago. Mentioned in this podcast:Federal Reserve drops bias for rate cuts as Kevin Warsh era beginsDonald Trump to release Iran’s frozen funds and ease sanctions when ‘they behave’Huawei’s big comeback tests limits of US chip controlsUK inflation unexpectedly holds steady at 2.8% in MayFive things to know about the high-stakes Makerfield by-electionCREDIT: C-SPANWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

US Senator Elizabeth Warren discusses SpaceX’s initial public offering and what she sees as its potential risk to investors. Plus, traders are betting on AI to underpin the strength of the US dollar, and the FT’s Alice Hancock explains why ship traffic in the Strait of Hormuz may take weeks to reach pre-conflict levels.Mentioned in this podcast:SpaceX leapfrogs Amazon to become world’s fifth-most valuable companyShipping groups hit by Middle East conflict-induced fuel shortagesInvestors pile into bullish dollar bets as ‘US exceptionalism’ trade returnsOil falls on US-Iran deal but Hormuz backlog may last weeksWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Michela Tindera, Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In our extended interview, US Senator Elizabeth Warren discusses SpaceX’s initial public offering and what she sees as its potential risk to investors.Mentioned in this podcast:SpaceX leapfrogs Amazon to become world’s fifth-most valuable companyhttps://www.banking.senate.gov/newsroom/minority/warren-calls-on-sec-to-delay-spacex-ipoWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Global equities rallied and oil prices fell after an agreement to reopen the Strait of Hormuz, and hedge funds are betting against the debt and equity of some of Europe’s largest carmakers. Plus, a Russian online sabotage network was behind a series of arson attacks on Sir Keir Starmer’s family home and other targets linked to the UK prime minister.Mentioned in this podcast:Stocks surge as US-Iran deal ignites global rallyHedge funds bet against European carmakers on Chinese competition fearsArson targeting Keir Starmer properties originated in RussiaWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Michela Tindera, Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The leaders of the US and Iran will sign an agreement on Friday to reopen the Strait of Hormuz, and the annual G7 summit kicks off today. SpaceX’s blockbuster IPO tells us a lot about Wall Street’s appetite for tech listings, and the New York Knicks won the NBA championship for the first time since 1973. Mentioned in this podcast:Trump says Iran and US agree deal to open Strait of Hormuz and extend ceasefireEmmanuel Macron and Donald Trump test their bruised bromance at G7 summitWall Street digests record fundraising haul as AI race intensifiesSpaceX’s surge on debut makes Elon Musk world’s first trillionaireNew York Knicks’ winning streak should rub off on its owner tooRegister for FT Weekend Festival hereWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Alex Higgins and Kelly Garry. Additional help from Peter Barber, Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

With a week to go until Makerfield heads to the polls in what may turn out to be the most consequential by-election in British history, host Lucy Fisher, northern England correspondent Jen Williams and deputy political editor Jim Pickard are on the ground hearing from voters in the seat. Polls and bookmakers confidently predict an Andy Burnham victory but they discuss whether that narrative is too neat and what issues are really shaping voters’ choices. The result could determine not just who represents Makerfield, but also the future of the country if Burnham wins and successfully challenges Sir Keir Starmer for the premiership. Plus, they weigh up the shock resignation of defence secretary John Healey who has blasted Starmer’s government for being “unwilling” to commit sufficient resources to protecting the country.Follow: Lucy @LOS_Fisher or @lucyfisher.ft.com; Jen @JenWilliams_FT or @jenwilliamsft.bskyb.social; Jim on @PickardJE or @pickardje.bskyb.socialWant more?  John Healey: the ex-trade unionist who privately battled the TreasuryAndy Burnham rules out cash for Waspi women after Labour backlash‘Pure racism’: East Belfast reels from riots led by masked young menKeir Starmer weakened by John Healey’s scathing resignation  The joke that deepened Keir Starmer and Andy Burnham’s toxic riftSign up here for Stephen Bush’s morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free.Political Fix was presented by Lucy Fisher and produced by Persis Love and Nisha Patel. Manuela Saragosa is the executive producer. Original music and sound engineering by Breen Turner. The FT’s global head of audio is Flo Phillips.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

SpaceX has raised $75bn in a record-breaking initial public offering, and the European Central Bank became the first central bank in the G7 to increase borrowing costs in response to the Middle East energy shock. Plus, the World Cup could have a lot of empty seats. Mentioned in this podcast:Elon Musk’s SpaceX raises $75bn in world’s biggest IPOECB raises interest rates for first time since 2023Fifa faces empty seats as 180,000 World Cup tickets hit resale marketCredit: New York City Mayor’s Office, European Central BankWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

France and Germany are discussing proposals for a radical overhaul of the EU’s 15-year-old diplomatic service, and the most recent US inflation report is putting pressure on President Donald Trump to extend the ceasefire with Iran. Plus, can Australia fix its housing crisis? Mentioned in this podcast:EU countries weigh ‘tearing apart’ bloc’s diplomatic serviceUS and Iran exchange strikes after downing of American helicopterDonald Trump suggests he may not renew trade deal with Mexico and CanadaAustralia tries to fix its housing crisis. Will it work?Register for FT Weekend Fest hereWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US has launched new strikes on Iran, Ireland’s burning through its corporate tax bonanza, and the European Central Bank is trying to rein in fintech Revolut’s “self-guided missiles” in the region. Plus, the FT’s George Hammond breaks down whether public market investors believe Elon Musk’s SpaceX can reach its ambitious goals ahead of its initial public offering. Mentioned in this podcast:Ireland told to rein in spending of corporate tax windfallECB moved to rein in Revolut’s ‘self-guided missiles’ in EuropeSpaceX’s $1.78tn IPO asks investors to buy Musk’s moonshotsWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

OpenAI filed to go public, Wall Street stocks rebounded on Monday, and top BP investors and former executives are concerned the UK oil major may lose momentum in its restructuring plan. Plus, Israel’s strikes on Lebanon are putting the US between a rock and a hard place.Mentioned in this podcast:OpenAI files to go public in blockbuster listingWall Street stocks rebound after AI-led routBP investors push for clarity over ousting of chairIsrael attacks Beirut days after Trump’s showdown with NetanyahuDonald Trump and Benjamin Netanyahu replay 1982 Beirut stand-offSam Bankman-Fried seeks Trump pardonUnhedged podcastWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Iran and Israel trade fire testing a two-month ceasefire, and Chinese President Xi Jinping arrives in Pyongyang for his first trip to North Korea in seven years. Plus, software buyout deals have collapsed to the lowest levels since the Covid-19 pandemic, and the head of the OECD has warned governments around the world not to go it alone in taxing large multinationals.Mentioned in this podcast:Israel launches retaliatory air strikes on IranTrump says Netanyahu will have ‘no choice’ but to accept a deal with IranSoftware buyout deals collapse to lowest level since pandemic after AI routXi Jinping heads to North Korea for first trip in 7 yearsOECD chief urges governments not to go it alone on digital taxationWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

SpaceX will go public next week with the largest retail allocation ever attempted in a megacap IPO, and India’s viral Cockroach Janta Party is challenging Prime Minister Narendra Modi. Plus, the FT’s Ciara Nugent explains the safety concerns swirling around World Cup host city Guadalajara as the tournament approaches.Mentioned in this podcast:Elon Musk’s SpaceX lines up retail investors for record IPO allocationIndia’s viral ‘cockroach party’ challenges Narendra ModiIndia’s ‘cockroach’ party founder plans protests over exam furoreThe Mexican cartel stronghold preparing to host the World CupWorld Cup sparks betting battle between bookmakers and prediction marketsWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Saudi Arabia’s wealth fund is swapping foreign CEOs for local ones and Reed Hastings officially steps down from the board of Netflix. Plus, FT-Nikkei names Boston as the best US city for foreign investment. Mentioned in this podcast:​​Saudi wealth fund replaces foreign CEOs with localsNetflix’s Reed Hastings: an icon of good leadership and bad governanceBoston tops FT-Nikkei ranking as global companies seek skilled workersAmericans lead AI data centre backlash, global poll findsWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

President Donald Trump has signed an executive order that creates a “voluntary framework” for the US to gain early access to cutting-edge AI models, and the conviction of short seller Andrew Left may change how investors take positions. Plus, gold has overtaken US Treasuries as the world’s top reserve asset, and we’ll look at how Deutsche Bank moved past its reputation as the sick bank of Europe. Mentioned in this podcast:Donald Trump signs watered-down AI vetting order after Maga infightingShort seller Andrew Left found guilty of securities fraudGold replaces US Treasuries as world’s top reserve asset, ECB saysHow Deutsche Bank learned to stop chasing AmericaShipping tycoon prefers $200,000 fee to cross Strait of Hormuz to ‘this hassle’Want to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. It was edited and hosted by Marc Filippino. Our show is mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US is in talks to expand nuclear weapons deployments in Europe, and Anthropic might make its powerful cyber security tool Mythos available outside the US and the UK. Plus, Iran suspended peace talks with Washington, and the FT’s Oliver Barnes explains the significance of Berkshire Hathaway’s first major acquisition since Warren Buffett’s retirement. Mentioned in this podcast:US in talks to expand nuclear weapons deployments in EuropeAnthropic offers EU access to MythosEU pushes for ‘tech sovereignty’ to cut reliance on USIran suspends peace talks and threatens ‘closure’ of Strait of HormuzBerkshire buys homebuilder Taylor Morrison for $8.5bn in Abel’s first big dealWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was produced by Katya Kumkova and Saffeya Ahmed. It was edited and hosted by Marc Filippino. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Intel wants to challenge rivals with a new AI chip, young people are sceptical of artificial intelligence, the inflation shock from the US-Israeli war on Iran is set to fall short of the 2022 price surge, and the EU is worried as China builds an industrial base in Morocco. Plus, Colombians went to the polls yesterday to vote for their next president. Mentioned in this podcast:Intel targets Nvidia with new AI chip by year end‘More harmful than helpful’: young people sour on AIIran war inflation shock set to fall short of 2022 surgeEU frets as China builds an industrial base in MoroccoColombia vote to deliver verdict on leftist experimentWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted by Victoria Craig. It was produced by Katya Kumkova and Saffeya Ahmed. Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Washington is nearing a deal to extend its ceasefire with Iran by 60 days, and investors are rushing to gain exposure to SpaceX in a “speculative frenzy” ahead of its expected IPO. Plus, Benjamin Netanyahu has directed the Israeli military to take control of at least 70 per cent of Gaza, and Robinhood is launching a feature that will enable clients to use AI chatbots for share trading. Mentioned in this podcast:Washington nearing deal to extend Iran ceasefire, US officials sayInvestors race to get exposure to SpaceX ahead of IPOBenjamin Netanyahu orders Israeli forces to take control of 70% of GazaRobinhood to let investors use AI chatbots for share tradingWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted by Sonja Hutson and produced by Katya Kumkova. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Oil prices fell sharply after Iranian state television broadcast details of a peace proposal, mass drone production has turned the war effort around for Ukraine, and the European Central Bank warned US President Donald Trump risks triggering a financial crisis. Plus, AI opens the door for smaller, well-funded challengers to take market share from Big Four consultancies. Mentioned in this podcast:Oil falls as Iranian state television reports details of peace proposalRussian banks to arm themselves against Ukrainian dronesUkraine is turning the tablesTrump risks triggering financial crisis with Iran war, warns ECBHow AI threatens the giants of consultingWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Katya Kumkova. Our show was mixed by Sam Giovinco. Additional help from David da Silva. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Iran accused the US of “flagrant” violations of their ceasefire, BP has ousted its chair Albert Manifold following “serious concerns” over his behaviour, and two top European central bankers laid the groundwork for a likely interest rate rise in June. Plus, dealmaking in the mid-cap part of the UK market has sprung to life. Mentioned in this podcast:Iran accuses US of ‘flagrant’ ceasefire violations as back-channel talks continueBP removes chair Albert Manifold over ‘serious concerns’ about his conductTop ECB policymakers lay groundwork for June rate riseMerger spirits could lift the UK’s languishing mid-capsWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Sonja Hutson and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In more than two-thirds of the world, the average number of children born to each woman has fallen below the “replacement rate”. Employment, home ownership and education are still big factors. But increasingly, so are mobile phones.Mentioned in this podcast:Why birth rates are falling everywhere all at onceCredit: The Columbus DispatchWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted by Victoria Craig, and produced by Marc Filippino. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The FT News Briefing presents a special episode from Slate's "What Next" podcast. As wealth disparity continues to grow, politicians in New York and California have suggested raising revenue through taxes aimed at their wealthiest residents. But the proposals have set off an upper-class uproar – and now, it’s a stand-off between the country’s billionaires and its most progressive politicos. Guest:  Stephanie Ruhle, anchor of MS NOW’s The 11th Hour with Stephanie Ruhle.Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.You can listen to past episodes of What Next, or follow Slate on YouTube. Hosted on Acast. See acast.com/privacy for more information.

The blockbuster listings of SpaceX, Anthropic and OpenAI are set to prompt an unprecedented wave of buying and selling, and a court in Ankara has ruled to remove the leadership of Turkey’s biggest opposition party. Plus, we’ll look at why US President Donald Trump is turning up the pressure on Cuba. Mentioned in this podcast:‘Fast entry’ SpaceX, OpenAI and Anthropic IPOs to ignite Wall Street trading frenzyTurkey court removes leader of opposition as Erdoğan tightens gripDonald Trump turns up the heat on CubaUS charges Cuba’s former president Raúl Castro with murderWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova and Saffeya Ahmed. Our show was mixed by Sam Giovinco. Additional help from Michael Lello. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Nvidia will return more than $80bn to shareholders, and Donald Trump attracted ire this week with the creation of a $1.8bn “anti-weaponisation fund”. Plus, OpenAI is getting ready to go public, and Africa’s Ebola outbreak has health officials worried about pandemic preparedness. Mentioned in this podcast:Nvidia to return more than $80bn to shareholders as it reaps rewards of AI boomChina banned Nvidia’s gaming chip during Jensen Huang’s visitHow will Trump deploy his $1.8bn ‘anti-weaponisation’ fund’?OpenAI readies IPO filing to list as soon as SeptemberDR Congo races to halt spread of EbolaLethal Ebola virus outbreak triggers urgent international quest for vaccineWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from David da Silva. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

EU governments are discussing whether former leaders could represent the bloc in potential negotiations with Russia’s Vladimir Putin, and rising fuel prices have triggered deadly protests across Africa. Plus, we look back at US Federal Reserve chair Jay Powell’s legacy as head of the central bank.Mentioned in this podcast:EU mulls Angela Merkel or Mario Draghi as possible Vladimir Putin whispererProtests spread in Africa as fuel crisis deepensPowell, Trump and the battle for the Federal ReserveWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Correction: This show has been modified from its original version. We said the Trump administration opened a lawsuit against Federal Reserve chair Jay Powell. The administration threatened a lawsuit. Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova, Saffeya Ahmed, and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A California court threw out Elon Musk’s case against Sam Altman and OpenAI, the global bond sell-off rages on, and a $420bn power behemoth was born after NextEra Energy struck a deal with its rival Dominion Energy. Plus, the FT’s Raya Jalabi travels to Christian villages in southern Lebanon where residents fear they’re under an indefinite occupation by Israeli forces. Mentioned in this podcast:Elon Musk’s case against OpenAI dismissed after just two hours of jury deliberationsGlobal bonds tumble on fears of inflation shock from Iran warBonds extend sell-off on inflation fearsNextEra strikes megadeal with Dominion to create $420bn US utilityIsrael seizes 1,000 sq km under Benjamin Netanyahu’s war strategyThe Christian villages under Israeli occupation in LebanonWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Katya Kumkova and Saffeya Ahmed. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The cost for companies to circumvent shipping through the Strait of Hormuz is reaching record levels, and the world is bracing for an energy cliff edge this summer as the US-Iran war continues. But the war hasn’t deterred investment firms from betting on the Middle East, and we have an update on the UK’s political turmoil.Mentioned in this podcast:Sweeping the strait: the companies gearing up to clear the Gulf of minesGulf freight rates jump as shipping companies turn to trucks to move cargoWhat life is like on the stranded ships of the GulfIran energy crisis enters new phase as peak summer season loomsInvestment firms look beyond Iran war to expand in Middle EastLabour reopens Brexit debateIs being prime minister now an impossible job?Political Fix podcastWant to get in touch? Email us at [email protected]: The FT does not use generative AI to voice its podcasts Today’s FT News Briefing was hosted by Victoria Craig, and produced by Katya Kumkova and Saffeya Ahmed. Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Democrats are looking for a bit of a rebrand after losing the White House and both houses of Congress in 2024. They have an opportunity this November to test out some new types of candidates. In a critical swing district in Pennsylvania, the party establishment has coalesced around a progressive, blue-collar candidate named Bob Brooks. The other frontrunner in the race, Ryan Crosswell, represents a very different vision for winning over swing voters. He’s a former Republican and former federal prosecutor who’s more centrist. Host Sonja Hutson travels to Bethlehem, Pennsylvania, to interview the candidates and ask party activists where they fall in the electability debate. Listen to all episodes of The Bethlehem Project here. Mentioned in this podcast:Dousing the DC ‘dumpster fire’: Democrats battle over party’s futureThe Bethlehem Project is hosted and produced by Sonja Hutson and edited by Marc Filippino. The show was mixed by Sam Giovinco. Lauren Fedor contributed reporting. Our executive producer is Topher Forhecz. Special thanks to Pierre Nicholson.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.