FT News Briefing

Read a transcript of this episode on FT.com https://www.ft.com/content/76ae831e-7a74-4429-8bbb-2b947a04cb44 Biden made his first comments on Afghanistan and blamed the chaos in Kabul on the country’s deposed leaders, and desperate Afghans overran the airport trying to flee. Pakistan’s international bonds came under selling pressure on Monday as emerging market investors braced themselves for the fallout from the crisis in Afghanistan, and the Taliban has pledged to create an open and inclusive government but most observers expect the swift return of repressive theocratic rule in the country. Pakistan bonds hit as investors brace for Afghanistan fallout - with Tommy Stubbington, capital market correspondent https://www.ft.com/content/1f8e5d82-152a-456e-b6c9-4e2fe8b74b68 Who are the Taliban 2.0?  - with Stephanie Findlay, South Asia correspondent https://www.ft.com/content/25bb6ed9-fdef-451f-a7a7-4a7b9e4ab852 The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/b1e7f141-e281-4bee-81e3-b11eaf9d767d Afghanistan’s president fled the country as the Taliban advanced on Kabul, and tropical storm Grace headed towards Haiti as rescue workers scrambled to reach people trapped under rubble after a massive earthquake, and as the super-infectious Delta variant spreads around the world many governments are facing the delicate question of how to get hesitant citizens to take the jab. US and allies race to evacuate staff as Taliban reaches Kabul https://www.ft.com/content/12dc9ad8-cd90-4378-86f6-64f70f4062eb Deaths mount after powerful earthquake strikes Haiti - with Gideon Long https://www.ft.com/content/9f2e5149-4c63-4412-b258-59fd7d40517a How to reach the unvaccinated: the risks of bribery and coercion - with Clive Cookson https://www.ft.com/content/9955d68a-6bd9-4530-b103-afc034243cb3 Salzburg comes alive again to the sound of music https://www.ft.com/content/b01f05aa-86ae-4d09-ba30-0a4074a98ca7 The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/80e6939d-d085-499d-ac9d-3ac6386b69c1 Airbnb reported strong quarterly earnings and said tourists from places with higher vaccination rates were “driving the travel recovery”, and ​​employees are taking sensitive computer code from their companies at three times the rate they were a year ago. Plus, the FT’s Africa editor David Pilling and McKinsey & Company partner Topsy Kola-Oyeneyin discuss the growth of financial technology start-ups in Africa.  Airbnb benefits from ‘travel recovery’ as bookings and revenue grow https://www.ft.com/content/fd8f8621-cac4-4bff-a082-9a74d1cbec15 Disney outpaces streaming rivals as it doubles subscribers in a year https://www.ft.com/content/9b705a6f-35f6-49cf-883b-0581fbf5ab48 Workers increasingly steal company data during ‘turnover tsunami, with San Francisco correspondent Hannah Murphy  https://www.ft.com/content/a7a2b5c4-1653-4364-84c1-c322c5b56745 African start-ups attract international investors — but need local ones too, with Africa editor David Pilling  https://www.ft.com/content/566fc2a5-6df4-4145-8157-99d4eb8da4c1 The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/baa5d27d-d16c-4f47-9902-abb72f02429d A top Federal Reserve official told the FT that the central bank could dial back its ultra-accommodative monetary stimulus as early as this year, and the White House has called on Opec to boost oil production in an effort to curb high petrol prices. Plus, the FT’s property correspondent, George Hammond, discusses the complicated dilemma of unpaid rent that faces businesses, their landlords, lenders and the UK government.  Federal Reserve’s Daly says tapering could start as soon as this year https://www.ft.com/content/e3320366-02f1-453e-ae42-e4af66a17eb0 White House calls on Opec to boost production to contain fuel prices, with Washington correspondent, Lauren Fedor  https://www.ft.com/content/a8a631cf-de43-47e8-8cc4-99732c39c4da Unpaid rent: the £6.4bn question facing the UK high street, with property correspondent George Hammond https://www.ft.com/content/ef6c975b-91f4-4328-8466-70b686f7309d Burger chain Wendy’s to expand into ‘dark kitchens’ after raising forecasts https://www.ft.com/content/31240e24-32e2-411f-8976-2127d16568c8 The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/b20cdab3-2e47-4bbe-bbff-39c42459d105 The rapid pace of US consumer price increases seen in recent months is set to stall in July near a 13-year high, and SoftBank will cut its investment in Chinese start-ups until the extent of Beijing’s scrutiny of the tech sector becomes clear. Plus, the FT’s private capital correspondent, Kaye Wiggins, has the latest on the battle between private equity group Carlyle and tobacco company Philip Morris International for the British medical inhaler maker, Vectura.  Rapid pace of US consumer price increases expected to moderate https://www.ft.com/content/8a2ad340-5ecf-4aa5-be35-aa7f528c8b83 Carlyle steps back from Vectura bidding war with Philip Morris https://www.ft.com/content/9b860f52-ddf7-447b-bd74-c44b25a69da7 SoftBank to cut China investments until tech sector calms https://www.ft.com/content/8b98db7c-24e9-4aa4-bc42-56338139962e Elusive Olympic bounce gives hope to Suga’s leadership rivals https://www.ft.com/content/47557c29-2225-4501-81dd-df4b41220725? The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/7822a4a7-d31a-40ce-8217-ebbafc4acb09 Oil prices continue to slide on investor concerns over the spread of the coronavirus Delta variant, especially in China, and DraftKings buys Golden Nugget Online Gaming for $1.56bn. Plus, the FT’s Washington correspondent, Lauren Fedor, explains how the US Senate is getting closer to approving president Joe Biden’s $1tn infrastructure package.  US Senate set to pass $1tn infrastructure package in bipartisan vote https://www.ft.com/content/67880a94-55c9-468c-a749-35463a08e6c5 Oil slides as Delta worries dent outlook for Asia demand https://www.ft.com/content/ba4ab9a0-4e89-4979-b794-c7e5593724a6 DraftKings buys Golden Nugget Online Gaming in $1.56bn deal https://www.ft.com/content/f857e397-adab-4b95-b308-caa59b8d2b49 Cryptocurrency exchanges target sport sponsorships https://www.ft.com/content/a93e9ad5-31d6-4048-9ca8-2f38cc6c43f4? The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/65fa9d74-d971-4536-a411-c06d86d8de64 FT calculations of 20 Chinese billionaires show that their net worth has dropped by about $80bn since late June, ByteDance, the owner of short-video app TikTok, has revived a plan to go public, and Industry bosses are predicting a worldwide construction “supercycle” set to fuel demand for building materials. Plus, the FT’s climate reporter Camilla Hodgson explains how scientists are trying to link natural disasters to global warming.  Tech crackdown erases $80bn from the wealth of China’s top tycoons https://www.ft.com/content/7e6f9a08-37be-4ab3-ae15-953533ab33b5 China’s ByteDance aims for Hong Kong IPO despite tech crackdown https://www.ft.com/content/bacca56f-1da5-4721-90bf-a61383ab7eec Construction ‘supercycle’ predicted on wave of government spending https://www.ft.com/content/41574f1e-58ae-4b17-a1ea-991a46d70932? Fires and floods: can science link extreme weather to climate change? https://www.ft.com/content/fe4e658e-0473-4f98-b995-4606aefa90bc The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/0e09d7d2-95d7-4fa1-80ff-9ff466f3cf6a Apple intends to install software on US iPhones to scan for child abuse imagery, and president Joe Biden signed an executive order on Thursday calling for half of all new vehicles sold in the US to be electric by 2030. Plus, the FT’s markets editor Katie Martin explains how Robinhood’s stock price has rebounded after its IPO fell flat last week.  Apple plans to scan US iPhones for child abuse imagery, with European technology correspondent Madhumita Murgia https://www.ft.com/content/14440f81-d405-452f-97e2-a81458f5411f? Biden sets electric vehicle target in drive to cut emissions https://www.ft.com/content/7fbc2d70-5365-4d3b-97ec-cea2756de28d? Robinhood soars after retail traders flock to shares, with markets editor Katie Martin https://www.ft.com/content/a9017fe2-e24a-4224-b2fa-320be47853b7 China’s education clampdown threatens to aggravate youth unemployment https://www.ft.com/content/d2a6fab8-2cf7-49f4-9027-ee18a064715f? The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/c6ee7948-06e7-4f4c-8940-2f83d85bdf4d The value of the world’s stock of negative-yielding debt has ballooned to more than $16.5tn, SoftBank’s second Vision Fund plans to invest $100m in a new fund started by one of its former top partners, and US food delivery group DoorDash is preparing to make its first investment in Europe. Plus, the FT’s global China editor, James Kynge explains why younger Chinese people are opting out of stressful jobs.  Bond rally pushes global stock of negative-yielding debt above $16tn https://www.ft.com/content/43280fe3-b6cd-44e1-bb75-25b0962b5ba1? SoftBank to invest $100m in former partner’s fund with Miles Kruppa, venture capital correspondent https://www.ft.com/content/684613f0-b2cc-42e9-817a-204a80dd048f DoorDash in talks to invest in German grocery app Gorillas https://www.ft.com/content/9cccd541-0a44-4002-af6e-35fe7ef46445 China’s young ‘lie flat’ instead of accepting stress with James Kynge, global China editor https://www.ft.com/content/ea13fed5-5994-4b82-9001-980d1f1ecc48 The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/9221dcf1-ef98-4474-9d9f-226f08843bbf Spain has called on the EU to back measures to limit surging electricity prices and athletes from Russia are enjoying success at the Olympics despite a ban on the country. Plus, the FT’s private capital correspondent, Kaye Wiggins, explains why PepsiCo has sold off its big-name juice brands to a private equity firm.  Russia wins at Tokyo 2020 despite ban over doping programme https://www.ft.com/content/31643c45-cf35-43e0-a0d4-1c2d40e49401 Spain urges EU to act against soaring energy prices https://www.ft.com/content/7cf9a7c1-a103-4923-bb5b-bad93d32ca39 PepsiCo to sell Tropicana and Naked Juice brands to private equity firm for $3.3bn https://www.ft.com/content/859b3fc6-0942-48a9-8a7d-a0ca0ff4cc70 Year after Beirut port blast families of victims push for truth https://www.ft.com/content/6a049e18-6a5c-40ee-b6ae-cef6ae95a317? The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/219d15f1-b6fa-471c-b0ed-2a2c4163f757 Forests in the US that generate the carbon offsets bought by companies including BP and Microsoft are on fire; Goldman Sachs looks to scale back its asset management business; and the International Monetary Fund has issued a warning over using cryptocurrency as legal tender. Plus, the FT’s Philip Georgiadis explains whether the airline industry’s resurgence is here to stay.  Carbon offsets going up in smoke as company-linked forests burn with climate reporter, Camilla Hodgson https://www.ft.com/content/3f89c759-eb9a-4dfb-b768-d4af1ec5aa23? Goldman mints billions through investments it is looking to shrink https://www.ft.com/content/9fb175d7-fcf2-4d82-be0a-62ec49b6ab27 IMF warns on crypto as national currency ahead of El Salvador launch https://www.ft.com/content/c36c45d2-1100-4756-a752-07a217b2bde0? Clouds lift as confidence returns to battered airline industry with acting transport correspondent, Philip Georgiadis https://www.ft.com/content/9214f0a8-cc60-4511-be5d-4362462e1896 The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.com https://www.ft.com/content/97741491-f1aa-4107-a84d-ebd874b1259d House prices are increasing in almost every major economy in the wake of the pandemic, and the success of skateboarding in the Tokyo Olympics could have a real influence on Japan’s culture. Plus, the FT’s commodities correspondent, Emiko Terazono, explains how changing temperatures across the globe are shifting the seasons and the crops that farmers can grow.  Pandemic fuels broadest global house price boom in two decades https://www.ft.com/content/491a245d-4af7-4cad-b860-6ba51b86b45f? What growing avocados in Sicily tells us about climate change and the future of food, with commodities correspondent, Emiko Terazono.  https://www.ft.com/content/977fac14-49e0-4497-a435-6581e5792201 Olympics skateboard success sets up fight for sport’s future in Japan, with Asia business editor Leo Lewis https://www.ft.com/content/d62e6d01-5181-4075-a171-25b542ab818f The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

Amazon shares slumped in after-hours trading after the ecommerce giant missed Wall Street’s revenue targets, Robinhood shares stumbled out of the gate on Thursday, and China’s securities regulator has sought to ease concerns among international investors and banks. Plus, the FT’s labor and equality correspondent, Taylor Nicole Rogers, explains how some teenagers gained the upper hand in a hot US summer jobs market Amazon’s online sales growth slows as lockdowns ease, with San Francisco correspondent, Dave Lee  https://www.ft.com/content/fbc5d16e-2917-4048-a9b4-0f3cc0d6da2e Beijing seeks to ease fears on Wall Street after tech crackdown, with markets editor, Katie Martin  https://www.ft.com/content/d3d30930-b098-40f0-a628-448c0b532b6d Robinhood shares slide in debut as investors give broker cold shoulder https://www.ft.com/content/ff5131d0-1332-4242-96b4-21d59cff9ba6 Teens gain the upper hand in hot US summer jobs market, with labour and equality correspondent Taylor Nicole Rogers  https://www.ft.com/content/ee8db328-b690-4aa6-8562-e94cedbcdb2f The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.

The Federal Reserve signalled it was moving closer to the moment when it will withdraw its support for the US economic recovery by tapering the central bank’s asset purchases, and the international lawyer Philippe Sands explains why he wants to create an international definition for the crime of ecocide. Plus, the FT’s Stephanie Findlay explains why Indian tech companies are going through an IPO boom.  The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Fed signals taper decision closer as ‘progress’ made on economy https://www.ft.com/content/6b5992d3-967e-4a63-b159-a398654d6199 The Rachman Review podcast https://www.ft.com/rachman-review India tech IPO boom to provide crucial test of investor appetite https://www.ft.com/content/f6b35707-e7c5-4d30-8d11-5b8146183ca5? Tesla co-founder’s battery recycling start-up raises $700m https://www.ft.com/content/771498b8-9457-462f-aee0-e32db14eea49?  See acast.com/privacy for privacy and opt-out information.

Apple’s profit nearly doubled in the latest quarter as iPhone sales surged, and a former oil trader at Glencore has pleaded guilty in the US over his part in a scheme to bribe government officials in Nigeria. Plus, the FT’s US investment editor, Michael Mackenzie, explains why China’s crackdown is burning investors.  Tech blowout: Apple profit nearly doubles as iPhone sales surge https://www.ft.com/content/18cfeb9a-8596-4d23-badd-df9a62d510ab Former Glencore trader pleads guilty to role in Nigeria bribery scheme, with natural resources editor Neil Hume https://www.ft.com/content/392b610f-43c6-4496-bb16-977e1f31f015? Beijing’s threat to VIEs triggers Wall St panic over Chinese stocks, with US investment editor Michael Mackenzie  https://www.ft.com/content/38ba7bb9-9a7e-4817-80cf-324bc9a4527b? US law firms up ante on bonuses in war to win staff https://www.ft.com/content/046d42d1-ec0b-4649-af6a-592430b5668c? The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   See acast.com/privacy for privacy and opt-out information.