• UK Budget spooks bond markets
    Nov 1 2024

    Apple reported solid revenue growth in the past quarter, and investors are worried about the additional borrowing set out in UK chancellor Rachel Reeves’ Budget. The US warned that North Korean troops are expected to enter combat alongside Russia’s army in the coming days, and Spain is set to become the world’s fastest-growing major advanced economy this year.


    Mentioned in this podcast:

    Apple’s revenue beats Wall Street expectations on higher iPhone sales

    UK borrowing costs hit highest level this year after Budget

    Ukraine and US warn Kyiv’s troops could face North Korean forces ‘in days’

    Spanish growth soars as Eurozone stumbles


    The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    9 mins
  • UK Labour’s Budget borrows big, taxes more
    Oct 31 2024

    Microsoft’s quarterly revenue rose 16% on strong cloud computing demand, the UK’s Labour party reveals bold tax increases and borrowing, and the US economy grew at an annualised rate of 2.8% in the third quarter. Plus, critics cry foul over a proof of citizenship law in Arizona.


    Mentioned in this podcast:

    Microsoft’s revenue beats estimates on strong cloud demand from AI boom

    Rachel Reeves announces £40bn tax increase in UK Budget

    Arizona’s proof of citizenship complicates voting in US swing state

    US GDP rose at a 2.8% rate in third quarter on strong consumer spending

    Play the FT’s Budget game: https://ig.ft.com/chancellor-game/


    The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Katya Kumkova, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    13 mins
  • Arm enters the AI race
    Oct 30 2024

    Alphabet’s profit jumped 34 per cent in the third quarter, and Israel’s parliament approved legislation on Monday that will ban a UN agency for Palestinian refugees from operating within Israeli territory. The US and Taiwan are preparing to negotiate a new tax agreement, and mobile chip designer Arm may try to rival Nvidia.


    Mentioned in this podcast:

    Google’s profits beat expectations on strong cloud computing growth

    Israeli parliament passes law banning UN Palestinian refugee agency

    US and Taiwan set for talks to end double taxation for companies

    The rise and rise of Arm

    Giant African rats join crackdown against illegal wildlife trade


    The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    12 mins
  • Boeing races to avoid credit downgrade
    Oct 29 2024

    PwC’s business in Asia contracted sharply in the past year, Boeing announced a $19bn share sale to help avoid a credit rating downgrade, and Volkswagen plans a massive restructuring that includes shutting at least three German plants. Plus, fears of violence have left some US election boards struggling to hire poll workers.


    Mentioned in this podcast:

    PwC loses market share in Asia

    Boeing launches $19bn share sale to bolster finances and avoid downgrade

    Volkswagen plans to close at least 3 German plants and cut thousands of jobs

    US polling places struggle to find workers after surge in threats


    The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    10 mins
  • Georgia’s disputed election
    Oct 28 2024

    Iran has signalled that it will pursue a measured response to Israel’s latest strikes, and Georgia’s opposition has called for protests after the ruling Georgian Dream party claims victory. Plus, the possibility of Donald Trump’s trade war has hit the shares of export-sensitive European companies, and large investment funds are being forced to offload their shares in tech companies, or risk breaking US tax rules.


    Mentioned in this podcast:

    Iran’s supreme leader signals measured response to Israel’s attack

    Vladimir Putin’s battle to keep Georgia in Russia’s orbit

    Georgia’s opposition calls for protests as election outcome is disputed

    European stocks hit by ‘Trump effect’ as odds tilt towards Republican win

    Tech boom forces US funds to dump shares to avoid breach of tax rules

    The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    11 mins
  • Swamp Notes LIVE: A look back at the economy and the election
    Oct 26 2024

    With the election just over a week away, Swamp Notes visited the University of Michigan to recap the final FT-Michigan Ross poll. Swamp Notes host Sonja Hutson is joined by the FT’s US managing editor Peter Spiegel, and Erik Gordon and Francine Lafontaine of the University of Michigan’s Ross School of Business to examine the poll results and explain why the economy remains top-of-mind for voters.


    Mentioned in this podcast:

    Donald Trump takes lead over Kamala Harris on US economy in final FT poll

    Sign up for the FT’s Swamp Notes newsletter here


    Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    33 mins
  • Will Russia lead on an alternative to the dollar?
    Oct 25 2024

    Tesla shares leapt 22% after Elon Musk predicted an electric vehicle sales rebound, and Russia’s pitch for a US dollar alternative failed to excite Brics leaders. Plus, a major change to the open source technology model could be coming.


    Mentioned in this podcast:

    Tesla shares leap 22% after Elon Musk predicts sales rebound

    Vladimir Putin’s alternative to ‘weaponised’ dollar fails to excite Brics partners

    The bill is coming for tech’s open source free lunch


    The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    9 mins
  • AI that can control your computer
    Oct 24 2024

    Boeing’s machinists voted on Wednesday to reject the company’s latest offer and the US has finalised long-awaited ‘open banking’ rules, hoping it will inject more competition into the market. Plus, Deutsche Bank reported a record third-quarter profit and artificial intelligence start-up Anthropic has built a virtual agent that can perform tasks on a computer.


    Mentioned in this podcast:

    Striking Boeing machinists reject offer as stand-off nears 6 weeks

    US rolls out ‘open banking’ rules to make sharing financial data easier

    Open banking challenges America’s cozy lenders’ club

    Deutsche Bank warns of rising bad loan provisions

    Anthropic says latest AI model can control users’ computers


    The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


    Read a transcript of this episode on FT.com


    Hosted on Acast. See acast.com/privacy for more information.

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    11 mins