FT News Briefing – Details, episodes & analysis

Kamala Harris and Donald Trump have different approaches to the media: Trump talks a lot, and Harris talks a little. But the candidates share one thing in common: they’re both sceptical of mainstream outlets. The FT’s US managing editor, Peter Spiegel, and Los Angeles bureau chief, Christopher Grimes, join this week’s Swamp Notes to explain why. 

Mentioned in this podcast:

Kamala Harris versus the media

‘Way too much news’: US conservatives face a fragmented media map

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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 the original episode on FT.com

CREDIT: NBC News

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Turkey’s stock rally hits reverse as juicy interest rates lure savers out of the market, and the FT’s Polina Ivanova explains how Telegram is a lifeline for both Russian and Ukrainian troops and civilians. Plus, Cornell University’s Eswar Prasad says Thailand could open a window into how central bank digital currencies might be used in future.

Mentioned in this podcast:

Turkey’s blazing stock rally falters with high rates luring savers away

War unfiltered: how Telegram straddles the Ukraine fron tline

Thailand may tell us a great deal about the future of money

The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Michela Tindera, Prakriti Panwar, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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

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The US dollar sinks to its lowest level since the start of the year and Democrats are rushing to defend vice-president Kamala Harris’s economic road map. Plus, rising US-China tensions could threaten a decades-old science and technology pact.

Mentioned in this podcast:

Dollar hits 8-month low as US stocks start week higher 

Democrats on defensive after Kamala Harris’s economic plans poorly received 

China-US tensions erode co-operation on science and tech

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Marc Filippino, and Niamh Rowe. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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

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UK Prime Minister Rishi Sunak tries to revive Conservative morale with a speech in London, four Chinese generative artificial intelligence start-ups have been valued at more than $1bn in the past three months, and US shale oil companies are under the spotlight over allegations of manipulating prices. Plus, the frontrunner in Mexico’s presidential election is promising more of the same.

Mentioned in this podcast:

Rishi Sunak to warn Britain ‘at a crossroads’ as he readies Tories for election

US shale companies accused of collusion over oil price

Four start-ups lead China’s race to match OpenAI’s ChatGPT

Mexico’s presidential frontrunner defends sweeping legal reforms

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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

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Boris Johnson has commissioned an independent inquiry into the lobbying scandal involving David Cameron and Greensill Capital, and the $5bn-valued cyber security technology company, Darktrace, has set out plans to float in London. Plus, the FT’s US sports business correspondent, Sara Germano, explains why US states have suddenly embraced online sports gambling. 

UK government to announce independent probe into Cameron and Greensill

https://www.ft.com/content/ade87a61-b1e1-433a-a79f-25fc6b9a0aaf

Mike Lynch-backed Darktrace sets out plans to list in London

https://www.ft.com/content/01c49998-05d2-4ed4-b324-febfaef3a110

‘The market is going bananas’: Governors back online betting to plug black holes in state budgets

https://www.ft.com/content/bb04b14c-e215-4ae8-a655-2bf85fcb73c0?

Virgin Atlantic boss warns on long-term hit to business travel

https://www.ft.com/content/b8766e60-1a20-41ee-871d-6b97dbee71e8

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Former British prime minister David Cameron has admitted he made mistakes over his government lobbying for Greensill Capital, leading Chinese smartphone maker Xiaomi is expanding its investment in chips, and Microsoft is on the verge of acquiring the voice technology pioneer, Nuance. Plus, the FT’s US equities correspondent, Aziza Kasumov, discusses US equities investors’ concerns about US president Joe Biden’s tax proposals. 

Cameron admits mistakes as he breaks silence on Greensill

https://www.ft.com/content/da2a2686-1efa-4fd4-bee4-79cc9d9a89a2

Huawei rival Xiaomi steps up chip ambitions amid US pressure

https://www.ft.com/content/2fadf021-91c5-4553-aecd-33e4439e99ab?

Wall Street investors look warily at gathering tax ‘storm’

https://www.ft.com/content/02f874f8-f5e3-4deb-908c-c709633821bb

Microsoft nears deal to buy voice tech pioneer Nuance for $16bn

https://www.ft.com/content/a36dd469-e521-4ce7-9351-ddc8f6b5cb42?

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Amazon looked on course to defeat a historic effort by workers to unionise an Alabama warehouse, and companies and countries around the world are weighing the Biden administration’s global corporate tax plan. Plus, the FT’s markets editor, Katie Martin, explains Goldman Sachs’ purchase of £75m of Deliveroo shares after the UK food delivery group’s disappointing initial public offering last month.  

Amazon vote count shows Alabama unionisation effort trailing

https://www.ft.com/content/df3eeb04-d03e-4048-ab81-248c7a9fce4e

Goldman Sachs bought £75m of Deliveroo shares to prop up IPO price

https://www.ft.com/content/bf75f260-33d8-42ea-85c3-6482aa1fb2ff

A grand bargain: how the radical US corporate tax plan would work

https://www.ft.com/content/b358ebca-4097-4cd6-bc7f-8e9d8f069250

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The start-up that owns the biotechnology behind the Oxford/AstraZeneca vaccine has confidentially filed for an initial public offering in the US, Indian social media group ShareChat has raised more than $500m to grow its popular short-video app Moj, and Austrian activist Max Schrems has filed a privacy complaint against Google in France. Plus, the FT’s Washington bureau chief James Politi has details on the US’s offer to the rest of the world to tax multinational companies. 

US offers new plan in global corporate tax talks

https://www.ft.com/content/847c5f77-f0af-4787-8c8e-070ac6a7c74f

Biotech start-up behind AstraZeneca vaccine files for US listing 

https://www.ft.com/content/ff260c57-66f9-474b-9643-7640dc918009

ShareChat valued at $2bn in wake of TikTok ban 

https://www.ft.com/content/3a5e44e2-b2c0-4f37-9c4a-f51c6ef46eb6?

Max Schrems accuses Google of illegally tracking Android users

https://www.ft.com/content/4617cc99-3ed2-49e1-b97f-db4f1b45b5db?

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The EU drug regulator will launch an investigation next week into whether clinical trials of Russia’s Sputnik V Covid-19 vaccine contravened ethical standards, and Japan’s national champion, Renesas Electronics, is being forced to diversify due to the pressures brought on by the chip industry. Plus, the FT’s Latin America editor, Michael Stott, explains how president Jair Bolsonaro lost his grip of Brazil. 

EU regulator to probe ethical standards of Sputnik vaccine trials

https://www.ft.com/content/50031165-1f46-446b-be9a-36d553805fec?

Chip industry pressures spur Renesas to diversify

https://www.ft.com/content/c583fe71-4556-4ef9-9367-a175a2033767

Brazil’s coronavirus nightmare: ‘Bolsonaro is more isolated than ever’

https://www.ft.com/content/55713895-2423-4259-a222-f778f9587490

Nematodes the latest casualty of post-Brexit trade glitches

https://www.ft.com/content/888658ea-9b33-454e-bac5-c9d4a59eb201?

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US Treasury secretary Janet Yellen is calling on other countries to join the US in setting a corporate global minimum tax, and bond investors who took big risks at the outset of the pandemic are enjoying big returns. Plus, the FT’s greater China correspondent, Kathrin Hille, discusses how a little-known chip company that dominates the global semiconductor industry is navigating political tensions.  

Yellen calls for global minimum corporate tax

https://www.ft.com/content/79023ff2-c629-429c-8a34-16bf68b4ea15

Investors scoop up huge returns from companies’ crisis-era bonds

https://www.ft.com/content/2de01274-bf03-4788-ab94-c26189b9baea?

TSMC: how a Taiwanese chipmaker became a linchpin of the global economy

https://www.ft.com/content/05206915-fd73-4a3a-92a5-6760ce965bd9

GameStop shares fall after it announces plan to sell $1bn in stock

https://www.ft.com/content/ddc11198-f162-484c-9131-a7a0b0346178?

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