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 m...
KKR has submitted a preliminary bid to take a majority stake in Thames Water, and HSBC set out its cost cuts in its annual earnings report yesterday. UK inflation hit a 10-month high. Plus, Germany has lost half a million manufacturing jobs since 2020. Mentioned in this podcast:German manufacturing job losses deepen fears over industrial declineUK inflation rises to 10-month high of 3% in JanuaryHSBC sets out scale of cost cuts under chief executive’s restructuring planKKR submits £4bn bid to take majority stake in Thames WaterSubscription promo: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, 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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10:19
Why Trump wants Ukraine’s minerals
The US and Russia have agreed to ‘lay the groundwork for future co-operation’ on ending the Ukraine war, and US president Donald Trump has his eyes on Ukrainian mineral deposits. Plus, developers of small modular nuclear reactors have raised at least $1.5bn in funding over the past year thanks to AI data centers.Mentioned in this podcast:US and Russia agree to ‘lay the groundwork’ for ending Ukraine warThe Ukrainian mineral riches in Donald Trump’s sightsBig Tech’s AI ambitions deliver funding boost to nuclear reactor race Subscription promo: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, 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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10:43
China pumps the brakes on Tesla’s autonomous cars
Tesla risks being caught up in the China-US trade war, while US officials head to Saudi Arabia to start peace talks over Ukraine. Indonesia reaches “Opec status” as it dominates the global nickel trade. Plus, the US-India deal signals a bonanza for US gas imports. Mentioned in this podcast:Tesla braces for delay to China licence as Trump trade tensions mount The ‘Opec’ of nickel: Indonesia’s control of a critical metal European countries clash over sending troops to UkraineSubscription promo: ft.com/briefingsaleThis episode of the FT News Briefing was produced by Josh Gabert-Doyon, Fiona Symon, Lulu Smyth, 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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11:28
Say hello to the Magnificent 47
French President Macron holds an emergency meeting in Paris with Ukraine’s allies, and a stock index featuring Europe’s largest banks is outpacing the United States’ Magnificent Seven tech giants. Plus, the activist hedge fund Elliot Management is on a mission to rejuvenate British Petroleum. Mentioned in this podcast:Europe scrambles to respond as US and Russia prepare for Ukraine peace talksHedge fund Elliott shakes BP from its strategic slumpMagnificent 7? Try the Magnificent 47 for sizeSubscription promo: ft.com/briefingsaleThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, 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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10:09
Swamp Notes: Trump ices Europe out of Ukraine peace plan
Ukraine is dominating discussions at this year’s Munich Security Conference after a call between Donald Trump and Russia’s Vladimir Putin, which ended with the US president declaring that peace talks will start “immediately”. The FT’s Moscow bureau chief Max Seddon is on to discuss, alongside Keir Giles, author of the recent book Who Will Defend Europe?Mentioned in this podcast:Donald Trump opens the door to Vladimir Putin’s grandest ambitionsEU to ease fiscal rules to boost defense spendingHow will Europe defend itself?Sign up for the FT’s Swamp Notes newsletter hereSwamp Notes is produced by Marc Filippino and Katya Kumkova. 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.
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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