FT News Briefing

German chancellor Olaf Scholz heads to Kyiv and Moscow to try and deter Putin from attacking Ukraine, and Germans are confronting a major #MeToo moment as German publishing conglomerate Axel Springer comes under scrutiny for sexual misconduct charges against top editor Julian Reichelt. The FT’s Berlin correspondent Erika Solomon discusses her investigation of how the media company handled the accusations. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Scholz plans appeal to Putin in effort to stop attack on UkraineWomen spoke up, men cried conspiracy: inside Axel Springer’s #MeToo momentWaning stockpiles drive widespread global commodity crunchThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Miami is hot right now. In the pandemic, more people moved to Florida than to any other state by a long shot. Chief among them were the tech elite, who have made Miami—one of America’s most diverse cities—their next big conquest. But what happens when Silicon Valley falls in love with a place with such a singular culture? Will a new tech migration help Miami, or hurt it? We go to Miami with writer Joel Stein to meet the people investing in 'Miami 2.0', from A-Rod to Mayor Francis Suarez to its newest residents. We also hear from Miamians who have lived there for decades.--------------Do you want to read the Financial Times? We have special discounts for listeners here: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------To attend the first US FT Weekend Festival in the US (virtually or in person) go to http://ft.weekendfestival.com – with 10% off using the discount code FTFriends2022. It’s on May 7th at the Kennedy Center in Washington, DC. --------------Links and mentions from the episode: –Joel Stein on how Miami became the most important city in America: https://on.ft.com/3LsiMfy –Alec Russell’s Lunch with Lea Ypi (ahead of next week’s episode): https://on.ft.com/3GHmi1J –Joel Stein is on Twitter at @thejoelstein--------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. "Miami" by Will Smith. Copyright Sony Music Entertainment Hosted on Acast. See acast.com/privacy for more information.

A court struggle in China is casting a shadow over the company’s hopes for an Arm IPO after its failed $66bn sale to Nvidia, the 10-year Treasury yield on Thursday climbed to 2 per cent for the first time since August 2019, as investors ditched government debt on the latest evidence of stubbornly high inflation, and European scientists have made a big breakthrough in the decades-long effort to generate energy from nuclear fusion. Mentioned in this podcast:SoftBank’s plans for Arm IPO hit by legal battle over renegade China unitUS inflation surges to 7.5% in fastest annual rise for 40 yearsEuropean scientists in ‘landmark’ nuclear fusion breakthroughThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Dozens of biotech companies are running low on cash and face an uphill struggle to raise fresh funds, Fidelity’s little-known passive investment business Geode Capital Management surged to $1tn in assets last year. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson, explains why Peloton’s latest turmoil makes it an attractive acquisition target. Mentioned in this podcast:Bursting ‘Biotech bubble’ inflicts pain on tourist investors and innovatorsFidelity’s index fund business Geode hits $1tn in assets Turmoil at Peloton makes it opportunistic target for Nike and AmazonChipotle: burrito index reflects inflationary guac attackThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Credit Suisse investors warn they will try to block any extension of vice-chair Severin Schwan, and SoftBank is looking to list UK chip design company Arm Holdings on the Nasdaq in the US after a sale to Nvidia fell through. Plus, the FT’s Robert Wright and leading researcher Virginie Guiraudon discuss the current state of the UK-EU migrant crisis and why no solutions are forthcoming. Mentioned in this podcast:Credit Suisse shareholders take aim at vice chair following scandalsSoftBank looks to bypass UK in favour of Nasdaq Arm listingCan the UK and France resolve the cross-Channel refugee impasse?Great Britain’s migrant crisisThe UK migrant crisis and DoverThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Credit Suisse became the first Swiss bank in the country’s history to answer criminal charges on Monday, and the US is lobbying Brussels to water down the effect of EU regulations targeting Big Tech companies. Plus, we talk to the author Horatio Clare about the UK town of Dover and how people there are approaching the migrant crisis. Mentioned in this podcast:Landmark Credit Suisse money laundering trial opensUS officials lobby key European powerbroker on Big Tech regulationsLife and death on Dover’s migrant front lineThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

A week of dizzying diplomatic meetings seeking to de-escalate tensions with Russia kicks off today in Moscow and Washington, aid agencies call for unblocking of cash flows to Afghanistan as the humanitarian crisis deepens. Plus, the FT’s Anna Gross takes us inside a French refugee camp to hear the stories of the people who are seeking asylum in the UK. Mentioned in this podcast:Ukraine: EU wrestles with how to inflict sanctions ‘pain’ on RussiaAid agencies call for unblocking of cash flows to Afghanistan as humanitarian crisis deepensAfghanistan’s unnecessary plightThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This weekend, we look at the Peloton phenomenon. Is it a failing fitness cult or a lasting way to stay healthy? Lilah and San Francisco correspondent Patrick McGee explore the behavioural science behind why we don’t exercise and the tech that tricks our brains into doing it anyway. Then, management editor Andrew Hill tells us why so many bad business books exist at the airport, and what makes a good one--------------If you want to explore the FT, use this link for special discounts for listeners: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Patrick McGee on how connected fitness became the new obsession: https://on.ft.com/32YplFd–Andrew Hill: ‘Pulp non-fiction: the worst business books of 2022’: https://on.ft.com/34ao7Hz –All the winners and shortlisted books for FT and McKinsey's best business books of the year award https://ig.ft.com/sites/business-book-award/ –If you want to read more about the culture of Peloton, here’s ‘This is your brain on Peloton’, by Amanda Hess (NYT): https://www.nytimes.com/2021/03/16/arts/peloton-cody-rigsby-content.html –Anne Helen Peterson is the unofficial internet scholar on Peloton celebrity: https://annehelen.substack.com/p/towards-a-unified-theory-of-peloton --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

Wall Street stocks slumped on Thursday after disappointing earnings reports in the technology sector from Facebook parent Meta, Turkey and Ukraine signed a deal to deepen defence co-operation in defiance of warnings from Moscow, and Olympics sponsors are accused of ignoring the plight of China’s Uyghur Muslims. The FT’s Andrew Edgecliffe-Johnson talks about the pressure on companies and how they are responding. Mentioned in this podcast:Amazon shares surge on Prime price rise and boost from cloud divisionBeijing Olympics: the new front line in the US-China cold warErdogan visit to Ukraine tests complex ties with Putin US stocks dragged lower by downbeat tech earningsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Spotify delivered a weak outlook for first-quarter subscriber growth, investors are putting more pressure on the European Central Bank to raise interest rates, and Argentina has been plunged into a fresh crisis after a crucial political figure resigned over the country’s outline debt deal with the International Monetary FundMentioned in this podcast:Spotify warns it’s ‘too early’ to calculate impact of Joe Rogan rowEurozone inflation hits record 5.1% in JanuaryResignation of Peronist leader triggers crisis over Argentina’s $44.5bn IMF dealThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Alphabet announced a 20-for-one stock split on Tuesday, and businesses across Myanmar shut up shop yesterday, joining a nationwide “silent strike” to mark the first anniversary since a military coup. The FT’s commodities correspondent, Emiko Terazono, explains that the slowing growth of plant–based meat sales has taken executives by surprise. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Google parent Alphabet posts surge in search advertising revenueMyanmar businesses defy army nationalisation threat and join strike Has the appetite for plant-based meat already peaked?M&S and Aldi make peace in Colin and Cuthbert cake warThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The US stock market has suffered its worst start to the year since the global financial crisis, US and European allies are preparing what is being described as the most aggressive package of economic and financial sanctions ever assembled to punish Russian president Vladimir Putin, and Italian government bonds rallied as investors welcomed the re-election of Sergio Mattarella as president. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US stock markets endure worst January since global financial crisisUS and European allies ready aggressive sanctions against RussiaDraghi gains vital time for policy revamp after Italy re-elects Mattarella as presidentSony buys video game maker Bungie for $3.6bn as dealmaking acceleratesThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The world’s largest sovereign wealth fund has warned that investors face years of low returns due to permanent inflation, and splits are emerging in corporate America’s response to a supply chain crisis. Plus, the FT’s Europe editor, Ben Hall reports from the Ukraine city of Mariupol about how people view a potential Russian invasion. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:World’s largest wealth fund warns ‘permanent’ inflation will hit returnsUkrainian frontier city weighs threat of renewed Russian aggressionWinners and losers emerge from lingering US supply chain crisisTui raises €500m fund to finance new hotelsThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week, we look at two things that connect us to human history. First, How To Spend It editor Jo Ellison takes us mudlarking — sifting through low tide for treasure — to find remnants of ordinary life from hundreds of years ago. Licensed mudlark Lara Maiklem teaches us how. Then we explore the staying power of games: why do we love them? Why have we been playing some for more than 7,000 years? Our gaming critic Tom Faber joins us to discuss. --------------If you want to explore the FT, use this link for special discounts for listeners: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – This week’s How To Spend It cover story and photoshoot: ‘Tide and seek: the hidden treasures of low tide’ https://www.ft.com/content/44a1a5be-d0de-4a5a-a02b-1386e0b7c84f –Lara Maiklem’s books are called ‘Mudlarking’ and ‘A Field Guide to Mudlarking’–Last time Jo went mudlarking was with jeweller Ruth Tomlinson for this November 2021 article: ‘Why I’m throwing my jewellery into the Thames’: https://www.ft.com/content/aacc19ef-d397-4c15-b943-a029a4954ca1 –A great piece Lilah recommends on mudlarking by novelist Daniel Wallace: https://gardenandgun.com/feature/daniel-wallace-explores-the-art-of-mudlarking/ –Tom Faber on the transformative power of games: https://www.ft.com/content/c2f8b5b6-1f30-48cc-a098-71484ded9a00 –Tom also wrote a great piece this week about the Cameo app and celebrity culture: https://on.ft.com/3FIF7kF --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

Apple posted record revenue of $123.9bn in the holiday quarter, and investors had a tough time gauging the Federal Reserve’s hawkish tone, the UK’s new information watchdog says he wants the country to take the lead on holding Big Tech to account in a post-Brexit Britain free of cumbersome European data rules.Plus, the FT’s European diplomatic correspondent, Henry Foy, reports that western countries are threatening Russia with new sanctions if it invades Ukraine. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Apple’s holiday quarter revenue hits record despite supply chain worriesEU and UK plan sanctions on new Russian gas projects if Ukraine attacked‘No more Mr Nice Guy’: Fed chair signals tougher stance on inflationUK seeks leadership role in global privacy, says new watchdog headThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by David, da Silva, Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tesla reported a record net profit of $2.3bn last quarter but warned of supply chain constraints and the Federal Reserve signalled its intention to raise interest rates in March. Plus, the FT’s China correspondent, Ed White, talks about China’s vaping queen and her company's stock price which went up in smoke this week. Mentioned in this podcast:Tesla reports record profit but warns of constraints on supply chainFed signals March rate rise as it fights rampant inflationChina’s vape queen hit by Beijing investigationApple reclaims top smartphone spot in ChinaThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Google has overhauled a central piece of technology it is building to replace advertising cookies, and the owner of 7-Eleven is facing investor calls to split up. Plus, the FT’s Rome correspondent, Amy Kazmin, explains why Italy is having such a hard time finding someone who can be prime minister if Mario Draghi is elected president. Mentioned in this podcast:Google changes course on cookies plans following advertising industry backlash7-Eleven owner faces investor calls to split upThe Draghi dilemma: Italian presidential election risks turbulenceThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Stocks on Wall Street ended higher on Monday after investors took advantage of a severe drop early in the session, Peloton has come under attack from an activist investor, and the United Arab Emirates said it intercepted two missiles launched by the Iran-allied Houthi rebels in Yemen. Mentioned in this podcast:US stocks reverse severe losses as buyers step inUAE intercepts ballistic missiles fired by Houthis over Abu DhabiActivist investor urges Peloton to fire chief and explore saleHow connected fitness became the new obsessionRobert Armstrong’s “Unhedged” newsletterThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Germany’s largest publishers and advertisers are demanding that the EU intervene over the Google's plan to stop the use of third-party cookies, Sony has plans to enter the electric vehicle market. Plus, the FT’s asset management correspondent, Harriet Agnew, discusses the discord at the global consumer goods conglomerate Unilever. Mentioned in this podcast:German publishers oppose Google plan to phase out third-party cookiesActivist hedge fund Trian builds stake in UnileverSony launches electric vehicle unit to ‘explore entering’ market The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This weekend, we look at our culture through new lenses. First, we go to Mexico. Lilah speaks to James Beard Award-winning chef Pati Jinich about how diplomacy is sometimes better achieved through the language of food. Then, anthropologist and FT columnist Gillian Tett looks at social phenomena through the lens of anthropology – from crypto to how tastemakers decide what is 'cool'. Gillian has a PhD in social anthropology and recently published a book called ‘Anthro-Vision’. --------------If you want to explore the FT, use this link for special discounts for listeners: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Pati’s cookbook is called ‘Treasures of the Mexican Table: Classic Recipes, Local Secrets’–Pati’s show, ‘Pati’s Mexican Table’ is on PBS, with some episodes on YouTube: https://www.youtube.com/watch?v=BETE1-6Pzrk –La Frontera is on PBS: https://www.pbs.org/show/la-frontera-pati-jinich/ –Salsa Matcha with pistachios, walnuts and pine nuts: https://patijinich.com/salsa-macha-with-pistachios-walnuts-and-pine-nuts/ –Gillian Tett’s book is called ‘Anthro-Vision’. FT review: https://www.ft.com/content/65d66cf7-f793-4531-9b82-1b54b70bbd21 – Gillian’s latest column: ‘A year on, we haven’t absorbed the lessons of the Gamestop saga’ (paywall): https://www.ft.com/content/8bbd2ef9-41fe-4dfa-8f02-28b3f3dac200    --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve has for the first time launched a period of debate of a central bank digital currency, and Luckin Coffee is planning to relist in the US after being delisted following a $300m fraud scandal. Plus, the FT’s Katie Martin explains why we should pay attention to German Bund yields turning positive this week.  Mentioned in this podcast:Fed opens debate on possible digital currencyLuckin Coffee plots relisting in US two years after $300m fraud​​Germany’s 10-year Bund yield turns positive for first time since 2019The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

 A US Senate committee will begin debating a pair of bills designed to reshape technology regulation, and US banks are gearing up for interest rate rises planned by the Federal Reserve this year. Plus, the FT’s Moscow bureau chief, Max Seddon, explains how Russia has built up its economy to protect itself from sanctions. Mentioned in this podcast:US Senate committee to debate legislation targeting Big Tech’s powerBank of America projects ‘robust’ interest income growth as loans reboundMoscow’s sanction-proofing efforts weaken western threatsHong Kong residents hire private jets to take their pets out of isolated cityThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The car industry has turned on France’s plan to force manufacturers to attach the equivalent of a public health warning to their advertising, and US telecoms companies will delay their rollout of 5G services near airports. Plus, the FT’s Chris Nuttall, explains why Microsoft’s $75bn deal for Activision Blizzard makes sense. Mentioned in this podcast:Carmakers criticise French plan for health warning on advertsAT&T and Verizon limit 5G service near US airports after airlines’ outcryActivision leverages itself into metaversePatriotic Gen Zs fuel pandemic jewellery boom in China#techFT newsletterThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK inflation is expected to rise to a 30-year high when December’s data are released this week, Meta patent applications indicate how the Silicon Valley group intends to cash in on its virtual world with hyper-targeted advertising and sponsored content, Chinese lenders have grown more cautious about lending to African nations as some have reached the limit of their borrowing capacity and the prospect of defaults loom, and the Scottish government has awarded 25 gigawatts of offshore wind project development rights. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:UK inflation set to hit 30-year high as rate rise expectations mountFacebook patents indicate how it intends to cash in on the MetaverseChina applies brakes to Africa lendingBig boost to UK offshore wind capacity from Scottish auctionThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Pension cash for British Gas workers was used to buy Israeli cyberweapon developer NSO Group, European sales of electric cars overtook diesel models for first time in December, and the FT’s Southern Africa correspondent Joseph Cotterill discusses Bain’s role in state corruption in South Africa under former president Jacob Zuma. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyStories mentioned in this podcast:British Gas pension cash used to buy Israeli spyware group NSOhttps://www.ft.com/content/8b427be6-1025-4295-a25c-16374da53b79European sales of electric cars overtake diesel models for first timehttps://www.ft.com/content/f1bdf1cf-8fc3-4b85-a4eb-7df716ebf0a9Bain & Co, tax and Jacob Zuma: a tale of ‘state capture’ in South Africahttps://www.ft.com/content/b1bb5dd0-e7ce-4e15-ac48-05d2d990f6c7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com https://www.ft.com/content/eceaec7d-34cd-43ad-96e1-a77f6809e40a Hosted on Acast. See acast.com/privacy for more information.

This week, we’ve got two GOATs – that’s Greatests Of All Time. Legendary artist Tracey Emin is starting an art school and studio compound in Margate, England, the seaside town where she grew up. On the week of her winning the Whitechapel Art Icon Award, we speak to Emin about the legacy she’s building and examine the work that came before, from scandalous installations like “My Bed” to her more contemplative work. Then, the FT’s wine columnist Jancis Robinson teaches us about the world of wine. Robinson was the first non-winemaker to receive the title of Master of Wine from the Institute of Masters of Wine, the world’s most prestigious wine organisation.--------------Looking for a discount on an FT subscription? Use this link for special offers specifically for listeners of the show: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Louis Wise’s interview with Tracey Emin for How To Spend It: https://www.ft.com/content/ffd55216-7751-43d3-9ad8-f495cb08d7c7–Tracey Emin’s video “Why I Never Became a Dancer” (1995): https://www.artforum.com/video/tracey-emin-why-i-never-became-a-dancer-1995-49262–A free online exhibition of Emin's video works between 1995 and 2017 (Xavier Hufkens): https://www.xavierhufkens.com/exhibitions/video-works-1995-2017–Jancis Robinson’s Wine Course (Youtube, 1995): https://www.youtube.com/watch?v=jNahwe1nPHc&list=PL0smQshvSba5YYij7-R1HM-HT04woET9A –Jancis’ latest column, “Bargain Burgundy”: https://www.ft.com/content/c59f4150-b431-4202-b7f3-60fab84ac4fb   –Jancis on the truth about the wine world and diversity (no paywall): https://www.ft.com/content/3dc097fc-dbd8-4248-82e6-69d5acc1b169 --------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

Google says it will spend $1bn to purchase its office building in London, Katie Martin explains why Ken Griffin selling a $1.2bn stake in his Citadel Securities is a big deal, and FT investigation correspondent, Tom Burgis, describes a British industry that caters to global elites who want to hide their wealth and manage their reputations. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Google bets on return to office with $1bn purchase of London buildingKazakhstan: violent clampdown highlights City of London’s lucrative roleKen Griffin’s Citadel Securities sells $1.2bn stake to Sequoia and ParadigmSecurity talks with US and Nato ‘unsuccessful’, says KremlinTwitter Spaces: Russia’s Geopolitical ambitions - 12pm ET/ 5pm GMT The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Boris Johnson suffered the toughest day of his premiership on Wednesday when he faced calls to quit after he admitted attending a Number 10 “bring your own booze” party during lockdown, the commodities boom has extended to nickel which reached its highest level in a decade, environmentalist activists are targeting public relations firms, and Beyond Meat has become one of the most shorted companies on US stock market. Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Nickel hits 10-year high as electric vehicle production ramps upActivists target public relations groups for greenwashing fossil fuelsShort sellers pile into Beyond MeatBoris Johnson faces calls to resign after ‘bring your own booze’ eventThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/afd4c412-780b-407a-8b5a-10175cf319fcA US judge says that the Federal Trade Commission can go ahead with a revised case seeking to break up Facebook, and the latest US inflation report is expected to show prices rose at their fastest pace in nearly 40 years. Plus, the FT’s US markets editor, Eric Platt, explains how the Federal Reserve is expected to wind down its $9tn balance sheet after a pandemic largesse. Mentioned in this podcast:Facebook loses bid to dismiss FTC antitrust case a second timeUS inflation expected to rise at fastest pace in nearly 40 yearsFederal Reserve prepares to shrink $9tn balance sheet after pandemic largesseHot-water bottles are… hotThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/d84a12a8-97da-4331-836b-391c25c8676bThe Federal Reserve’s second-in-command has resigned after a trading scandal, companies raised more than $100bn on the bond market in the first week of this year, and Wall Street’s biggest banks are set to report record profits. Plus, the FT’s pharmaceutical correspondent, Jamie Smyth, discusses the latest controversy as the US shifts away from the ‘war on drugs’. Mentioned in this podcast:Fed’s second-in-command resigns after trading scandalCompanies raise $100bn on global debt market in brisk start to 2022Wall Street banks set to report record profits for 2021Will overdose deaths force an end to the US ‘war on drugs’?The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/51351f23-63b8-458c-9ee2-a7cbda43c287Nato has warned Moscow to abandon its belligerent foreign policy or face a military alliance steeled for conflict, frustration over corruption in Portugal is the hot button issue for voters in this month’s election, and UK financial regulators plan to take a close look at cloud computing companies. Plus, the FT’s Asia business editor, Leo Lewis, explains why investors are ready to pour money into metaverse hardware makers. West treads narrow path to common ground in Russia talkshttps://www.ft.com/content/a1311bb7-7083-4491-89d7-2912289ebe68Trust in Portugal’s elite wanes over struggle to tackle corruptionhttps://www.ft.com/content/8a7b799e-2732-4979-ab49-c5cbf8587ce7Investors gear up for ‘gold rush’ in metaverse hardwarehttps://www.ft.com/content/182bb2a7-b4e4-4d0d-8178-4cd9b4c225c4UK financial regulators to step up scrutiny of cloud computing giantshttps://www.ft.com/content/29405a47-586b-4c5a-b641-0f479b4cee1dM&S steals retail crown back from upstart online rivalshttps://www.ft.com/content/67ff963d-8883-47d6-ba69-f30721efd006The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Happy New Year! Our first episode of 2022 is dedicated to one of the world’s most powerful cultural forces: Disney. What happens when a company with that much influence just keeps growing? We visit Disneyland for a rare interview with CEO Bob Chapek, with FT reporters Chris Grimes and Anna Nicolaou. We explore where Disney Plus fits into the digital streaming wars. And Lilah speaks with a Disney expert, Sabrina Mittermeier, about how the company is reckoning with its prejudices 100 years into its history. --------------If you want a great offer on an FT subscription specifically for listeners, use this link: http://ft.com/weekendpodcast--------------Want to say hi? We love hearing from you. Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: – Chris and Anna’s profile of Bob Chapek, Disney CEO: https://www.ft.com/content/69e1cc1e-9c64-4000-b47f-a7e448107a5b – And their follow-up on the streaming wars: ​​https://www.ft.com/content/ae756fda-4c27-4732-89af-cb6903f2ab40– Dr. Sabrina Mittermeier’s book, A Culture History of the Disneyland Theme Parks: https://press.uchicago.edu/ucp/books/book/distributed/C/bo70345519.html–Follow Anna Nicolaou on Twitter @annaknicolaou–Follow Chris Grimes on Twitter @grimes_ce--------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/4418eedc-e949-4d44-a517-55e73f2076f9Outgoing Federal Reserve vice-chair has blamed “inadvertent errors” for failing to disclose the full extent of his trading activity at the start of the pandemic, the FT’s Katie Martin looks back on the first week of trading in 2022, and our Moscow and Central Asia reporter, Nastassia Astrasheuskaya, unpacks the protests in Kazakhstan and Russia’s interest in helping its neighbour maintain stability.Fed trading scandal rekindled by disclosure from top officialhttps://www.ft.com/content/3bc91644-08e2-4cee-be2c-538d855cd675Kazakh protests are a warning for other ex-Soviet autocratshttps://www.ft.com/content/560b1b28-c180-40ec-b19a-ece58f214259US tech shares swing as investors assess Fed minutes and mixed datahttps://www.ft.com/content/76bd2194-ccf4-4029-b527-6d56d6c8465cTwitter Spaces: After the Capitol Riot, what role will civil unrest play  https://twitter.com/i/spaces/1djGXPDOgrzGZ?s=20The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/31290819-a321-496e-a995-4281198ec453Minutes from the latest Federal Reserve meeting show the US central bank gearing up for more aggressive tightening, tech stocks plummeted, Hong Kong is bracing for sharply higher food prices, and one of Germany’s biggest utilities, Uniper, has been forced to seek €10bn of financing to avoid a cash crunch. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson, talks about corporate America in the year since a mob of Trump supporters stormed the US Capitol. Fed warns faster rate rises may be needed to tame soaring inflationhttps://www.ft.com/content/35766dd4-7da1-4064-9e60-79a714297c5aUniper secures €10bn of credit as gas prices surgehttps://www.ft.com/content/f8cdfafc-2ce4-4ad7-b8c4-98e6eaa6ce89Isolated Hong Kong faces higher food prices as pandemic restrictions bitehttps://www.ft.com/content/f31edc79-f7df-48d7-badf-5d074cb19afdUS companies under pressure to support voting rights pushhttps://www.ft.com/content/712d9e1a-68dc-451e-a094-0d7db570dfd7Twitter Spaces: After the Capitol Riot, what role will civil unrest play  https://twitter.com/i/spaces/1djGXPDOgrzGZAudio from the January 6th Capitol riot provided by CSPANThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/cf9a801f-d99d-4703-a1dd-2219ee91f3faChinese banks rushed to meet their annual state-imposed lending quotas last month by buying up low-risk financial instruments, a divided EU has demanded a role in next week’s negotiations with Russia over the Ukraine crisis, and travel stocks rose sharply on Tuesday. Plus, the FT’s Frankfurt correspondent, Joe Miller, explains why the German city of Mainz wants to hang onto the vaccine maker BioNTech.  Chinese banks buy up low-risk financial instruments amid concern over economyhttps://www.ft.com/content/70451eee-5163-4348-af1a-82656f7a50faTravel and leisure stocks surge as Omicron disruption fears fadehttps://www.ft.com/content/20ae6c32-2c03-45ad-af8d-b4310c5acce0EU demands seat at Ukraine talks as Russia prepares to meet US and Natohttps://www.ft.com/content/db2d642b-5068-40c3-a4c2-d3c330f3972bGerman city reaps tax windfall from BioNTech’s Covid vaccine successhttps://www.ft.com/content/5a705ebc-ce1f-4525-8406-d2875a32c473The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f1236902-0997-4028-8cd1-d50317d10abaA jury found Elizabeth Holmes guilty of conspiring to defraud investors in the failed blood testing start-up Theranos, Apple has become the first company to hit a market capitalisation of $3tn and US president Joe Biden is launching a crackdown on the country’s largest meat producers. Plus, the FT’s US economics editor Colby Smith explains why the country is struggling to measure jobs growth and the larger ramifications. Elizabeth Holmes found guilty in criminal fraud trialhttps://www.ft.com/content/8bde19f6-e8a5-4800-8882-fd799f0caac0Apple becomes first $3tn company after boost from pandemic demandhttps://www.ft.com/content/57f57303-82b9-49db-89ee-54888e1c714dBiden launches crackdown on largest US meat producershttps://www.ft.com/content/a180dc0d-0cfc-4321-91aa-c5772b4a8dc1US struggles to measure jobs growth as pandemic distorts labour market datahttps://www.ft.com/content/4f1155be-1a5f-4fd2-ba57-b15bdb273c00Mercedes breaks 1,000km barrier with electric-vehicle prototypehttps://www.ft.com/content/0017dfdf-c308-4e04-b4cb-8055568ddffeThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f0ee8a8b-fab1-4fcc-a49e-864a7b2cf62eThe US chief medical adviser has warned of an “unprecedented” surge in Covid-19 cases, and Tesla smashed its own production and delivery records in the final months of last year. Plus, the FT’s chief leader writer, Neil Buckley shares some of the FT’s predictions when it comes to 2022’s top stories. Omicron drives Covid infections in US to record highshttps://www.ft.com/content/a75a74a9-a017-4c5a-9cc9-fd9c76bac51fTesla dodges supply woes to deliver record number of new vehicleshttps://www.ft.com/content/ad6d68b0-0171-4f24-9076-d778babf6fedForecasting the world in 2022https://www.ft.com/content/8909b60f-01aa-4c16-b448-178e46ecb3c9The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/693b3337-ce80-4150-866a-01e1c3730fadUS financial conditions are near the most accommodative on record even as the Federal Reserve has begun stepping up its exit from coronavirus crisis-era stimulus measures, and soaring US stock markets are masking a strong tide that is pulling down the share prices of hundreds of companies, and the FT’s European technology correspondent, Madhumita Murgia, discusses science fiction’s influence on technology and social attitudes towards technology, particularly artificial intelligence. US financial conditions remain easy even as Fed pulls back on stimulus https://www.ft.com/content/2c73b1f4-b8c1-415b-8df0-237eff180cb0US stock market advance masks treacherous undercurrentshttps://www.ft.com/content/d248d1af-261e-47c8-9a5f-0d264cb9f83bInto the metaverse: how sci-fi shapes our attitudes to the futurehttps://www.ft.com/content/2f35be37-9da8-4cf6-89b2-8488b36c5a63$10bn James Webb Space Telescope scheduled for Christmas Day launchhttps://www.ft.com/content/ebc84a97-961a-4ac0-bba1-678580d11a71The clips from the Metaverse story were from the 1984 movie The Terminator, the 1968 movie called 2001: A Space Odyssey, and the Japanese cartoon Astro Boy. The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/ee47c8a9-9e84-4e31-bcf0-2314be0b406fUS stock exchanges are increasing their efforts to attract new companies to fill the gap left by a decline in Chinese listings, and Turkey’s lira jumped sharply after President Recep Tayyip Erdogan announced a new savings scheme. Plus, the FT’s US banking correspondent, Imani Moise, explains why black Americans struggle to get cheap bank loans. US Exchanges look elsewhere in Asia to replace lost Chinese listingshttps://www.ft.com/content/4800e080-816c-415c-8269-5268ab81b91aTurkey’s currency surges after Erdogan unveils lira savings scheme - with Laura Pitel https://www.ft.com/content/5301a1ce-2658-4452-860c-4c19fbcaa037Race and finance: America’s segregated banking sector - with Imani Moise https://www.ft.com/content/e63cbe88-6d46-4119-9067-e10a926c61c2Chinese investors pick luxury watches over houseshttps://www.ft.com/content/a9a34f94-9a49-4938-ae9e-ec4e6d2f4838The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5e8d9be2-8efa-4339-b80a-53ffe0664ec1US retailers’ supply chain problems are being exacerbated by computer programs known as “Grinch bots” that are buying up the most sought-after holiday gifts in split-second online swoops, Chinese artificial intelligence company SenseTime is relaunching its initial public offering in Hong Kong with the help of investment from state-backed entities after being blacklisted by the US, and in Chile a former student protest leader has won the final round of the presidential election as the Latin American country took a decisive shift to the left after several years of civil unrest.SenseTime’s IPO rescued by Chinese state-backed funds - with Ryan McMorrow https://www.ft.com/content/71709423-0fe2-4028-b208-68cbd0b2bd30‘Grinch bots’ buy up online goods during holiday shopping seasonhttps://www.ft.com/content/11e81aaa-9c7e-4099-b3c8-54f8adc9e5caChile election won by former student protest leader Gabriel Boric - with Michael Stott https://www.ft.com/content/fa9ba840-5d66-45e6-bf7a-2b8b4f6d9386The fight for the future of Chile https://www.ft.com/content/70981218-05a4-4685-86e0-a19b7cae7ff9The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/b08546bc-7eee-4c25-9e5c-db458728e4c2US president Joe Biden suffered a blow to his efforts to pass his signature $1.75tn social spending bill when Joe Manchin, the pivotal Democratic senator from West Virginia, explicitly rejected the package, European countries are tightening restrictions to reduce the spread of Omicron after the Netherlands reimposed a strict nationwide lockdown on Saturday, and FT capital markets correspondent Tommy Stubbington explains why the yield curve is so important to investors using a musical interpretation of the all-important chart. European countries impose travel curbs to slow Omicron’s spreadhttps://www.ft.com/content/3316b665-9bfa-4e7e-ae68-c46601950cefMillions to lose child benefit as Biden social spending bill is delayed - with Taylor Nicole Rogers https://www.ft.com/content/9f4f23ca-304f-4738-807f-17a24ca6e82cJoe Manchin says he will vote against Biden spending billhttps://www.ft.com/content/a979165a-fd1c-4b85-8604-28085e2c0c9bThe yield curve: why investors are watching closely - with Tommy Stubbington https://ig.ft.com/the-yield-curve-explained/VIDEO: Sonification: turning the yield curve into musichttps://www.ft.com/content/80269930-40c3-11e9-b896-fe36ec32aeceThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

It's the final FT Weekend episode of 2021, and we are marking the end of one unpredictable year and the start of another. What do you think will happen in 2022? Matt Vella, FT Weekend Magazine editor, joins Lilah to discuss listeners’ cultural predictions. A lot of them had an air of nostalgia: Will Britney make a documentary about her life? Will flip phones make a comeback? Then, our pop critic Ludovic Hunter-Tilney teaches us the art of the perfect holiday playlist. --------------If you want a great offer on an FT subscription specifically for listeners (and not a bad Christmas gift!) use this link: http://ft.com/weekendpodcast--------------Thank you for listening to the show this year. We’ll be back on January 8! What culture will you be reading, watching, listening to during the holidays? Say hi and let us know! Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap. --------------Links and mentions from the episode: –Two books by the late, great bell hooks: The Will to Change, and All About Love–The FT’s Christmas roundup-(the complete guide to eating, drinking, giving and self-caring your way to a very merry holiday this year): https://www.ft.com/content/3d6c80dd-dbc3-4e0e-939f-b917aa401dfc Here are Ludo’s reviews of his favourite albums of the year (all free to read):–The Weather Station: Ignorance https://www.ft.com/content/57aef341-cce1-4816-9939-3c71a3fe5edf –Nation of Language: A Way Forward https://www.ft.com/content/ed7f3da8-d033-4ca0-90c7-1b7e4b425a19 –Pharoah Sanders, Floating Points and the London Symphony Orchestra: Promises https://www.ft.com/content/c00c0655-013d-4d3b-8c7c-bf7dea47c1fc --------------Thank you to everyone who shared your notes, including: Andrei Berghianu from Romania, Olga Sihmane from Stockholm, Ashley Harris from Brooklyn, Lily Bland, Roger Ralph, Manish Prayaga, Helen Beedham, April from Los Angeles and so many more.--------------Original music by Metaphor Music. Mixing and sound design is by Breen Turner.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5355f6b9-ad94-401e-bedd-557a9e75b15fResidents of America’s biggest cities are struggling to book vaccine appointments because of the rising wave of the Omicron coronavirus variant, and TPG is joining the wave of private equity groups that are going public. Plus, the FT’s markets editor, Katie Martin, explains why investors were so taken aback by the Bank of England’s rate rise yesterday. Americans rush for vaccine boosters ahead of Omicron wave - Kiran Stacey https://www.ft.com/content/ed003f92-98fc-41e5-9884-565ddfe05196France to block entry to UK tourists as Omicron surgeshttps://www.ft.com/content/9e84e155-2963-4d29-8331-cace0d022fa5TPG joins wave of private equity groups going public https://www.ft.com/content/8fd93e65-9cc5-4156-9489-214b7a8c44d2Bank of England raises key interest rate to 0.25% - with Katie Martinhttps://www.ft.com/content/eb35ea37-fb8b-43a7-9d30-d985c58e62d7Uefa picks US bank to lead €7bn football financing packagehttps://www.ft.com/content/25a79b68-ba14-466a-bffd-fcda2a1103a7The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/5418e790-754e-4421-a7d2-99fd610466c3Federal Reserve officials expect to raise interest rates three times next year, and investors are piling into inflation-linked assets in a bet that consumer prices will continue to soar. Plus, the FT’s law courts correspondent, Jane Croft, tells the tale of a money laundering conviction that started with garbage bags stuffed with cash. Fed officials expect three rate rises next year in hawkish pivot on inflationhttps://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05Investors pour billions of dollars into inflation-linked assets - with Kate Duguidhttps://www.ft.com/content/76122770-a4ac-4cee-a045-fc1a298c1d5eNatWest fined £265m for money laundering failures - with Jane Croft https://www.ft.com/content/f080cc09-62bc-4898-9814-ee7759d80cd7M&S sues discounter Aldi over ‘copycat’ Christmas gin https://www.ft.com/content/ffccedd3-db95-4e5e-8641-d0cb9caeff81The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9db04e62-720a-47b6-89a8-3fc0f383b489The US Federal Reserve is expected to announce a swift scaling back of its enormous stimulus programme and boost its expectations for interest rate increases next year, and the UK’s Advertising Standards Authority has taken the crypto industry to task for “widespread” problems with misleading and irresponsible ads. Plus, Ark Invest’s CEO, Cathie Wood, is known as the queen of the bull market. But the FT’s asset management editor, Harriet Agnew, explains that Wood’s concentrated bets on disruptive companies have left the pioneering ETF manager vulnerable. Fed poised to announce acceleration of stimulus taper - with Colby Smith https://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05UK advertising regulator issues rebukes to crypto industryhttps://www.ft.com/content/b48040e5-d510-4ac8-9e6c-6af568e587adCathie Wood’s Ark: a tech-driven bull market on steroids - with Harriet Agnew https://www.ft.com/content/67289726-85d3-47e2-9f1c-942f5f95d37dRentokil to buy US extermination specialist Terminix in $6.7bn dealhttps://www.ft.com/content/9182feea-3dd5-406b-8b70-d3e1e7090227The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/6c90116a-d978-4b3c-9fba-0b57b2a42aecThe US Department of Labor is investigating Apple over claims that it retaliated against an employee who complained of workplace harassment and unsafe working conditions, European gas futures rose 10 per cent on Monday after German foreign minister Annalena Baerbock said the Nord Stream 2 pipeline could not be permitted in its current form because it did not comply with EU law; and a senior banker at JPMorgan Chase is battling the bank and her colleagues who she says have been trying to poach her billionaire and multimillionaire clients. Apple faces probe over whether it retaliated against whistleblowerhttps://www.ft.com/content/973aae8d-21d9-4e84-8912-ead071c7935dEuropean gas prices rise after German concerns over Nord Stream 2 - with Guy Chazan https://www.ft.com/content/15a057f2-7647-496d-bcc6-6c4bcb836db6A baseball star in the ‘shark tank’: inside JPMorgan’s client poaching row - with Joshua Franklinhttps://www.ft.com/content/3b7ae6dc-b213-4463-b980-3b0401087187Harley-Davidson to spin off electric motorcycle divisionhttps://www.ft.com/content/0d290d5d-2f71-4991-928c-cc4518466f66The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/99bcfb02-6de4-4658-9d7f-c210db884fdfThe cost of flying cargo around the world has reached record levels, and workers are demanding that gig economy companies explain their algorithms. Plus, the FT’s retail correspondent, Jonathan Eley, explains how the Chinese company Shein became one of the world’s biggest fast fashion companies and recently surpassed Zara to become the top fast fashion brand in the U.S.Air freight costs soar to record highhttps://www.ft.com/content/15b44fc9-5f86-4b28-ae05-a3233db13977Workers demand gig economy companies explain their algorithms - with Madhumita Murgia https://www.ft.com/content/95e7f150-b0f9-4602-8e5d-76a138b59851Shein: the Chinese company storming the world of fast fashion - with Jonathan Eley https://www.ft.com/content/ed0c9a35-7616-4b02-ac59-aac0ac154324Widening CEO-employee pay gap challenges ‘stakeholder capitalism’https://www.ft.com/content/7c9be0d8-d75b-45f3-8602-932ac25652b1The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

This weekend, we’re going behind the scenes of the FT’s legendary Books of the Year roundup. Literary editor Frederick Studemann and deputy books editor Laura Battle take us into a secret room in the basement of the FT, where all the books sent in for review are kept behind lock and key. You’ll leave this episode with a lot on your reading list, including recommendations from editor Roula Khalaf, FT weekend editor Alec Russell, chief economics commentator Martin Wolf and more.--------------If you want a $1 trial or 50% off a digital subscription, go to http://ft.com/weekendpodcast--------------Want to say hi? Email us at [email protected]. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------We want your cultural predictions, wishes, or questions for 2022! Share them with Lilah and FT Magazine editor Matt Vella by Sunday, December 12. Open your phone’s voice memo app, get close to the mic and say your name, location and your thoughts, then email it to [email protected]. You can write to us, too. But you’ll sound great on tape, we promise.--------------Links and mentions from the episode: –Roula Khalaf recommends Empire of Pain by Patrick Radden Keefe–Pilita Clark recommends The Hydrogen Revolution by Marco Alvira and How to Blow Up a Pipeline by Andreas Malm. Her whole climate list: https://on.ft.com/3DFcYLr –Alec Russell recommends Sentient by Jackie Higgins and Free by Lea Ypi–Edwin Heathcote recommends Public House: A Cultural and Social History of the London Pub. His whole architecture and design list: https://www.ft.com/content/37545da9-7142-408b-a0bb-e458079ebd53  –One of Edwin’s favorite books of the past few years is Sandfuture by Justin Beal. Here’s his review (free to read): https://www.ft.com/content/91a35024-4e41-4325-81ca-2373321ae4ff –Fred Studemann recommends Notes from Deep Time by Helen Gordon, The Passenger by Ulrich Boschwitz and Just the Plague by Lyudmila Ulitskaya–Laura Battle recommends Crossroads by Jonathan Franzen, Small Things Like These by Claire Keegan, and the audiobook of Harlem Shuffle by Colson Whitehead. Her whole fiction list: https://www.ft.com/content/7a881a03-2462-459e-930c-f526e4e54449 –Martin Wolf’s economics list: https://www.ft.com/content/25ca2b59-8047-4f9b-bf99-e7f7c15d8d51 –Explore the whole Books of the Year package: https://www.ft.com/booksof2021Original music by Metaphor Music. Mixing and sound design is by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/699883ef-69b7-425f-a149-915268ccac82US consumer prices for November are expected to have increased at the fastest pace in nearly 40 years, and workers at a Starbucks in Buffalo, New York, have voted to become the coffee shop chain’s first unionised store in the US. Plus, FT markets editor, Katie Martin, explains why investors are shrugging off the Omicron variant of the coronavirus. US consumer prices expected to log biggest annual gain since 1982 - with Colby Smith https://www.ft.com/content/f355feab-e9f0-4dfc-bcd7-1759983dfb16Markets: variant, what variant? - with Katie Martin https://www.ft.com/content/c9a674a8-a961-4f7b-be1f-7a6922526296Starbucks workers approve first US union at Buffalo store - with Taylor Nicole Rogers https://www.ft.com/content/99653893-e23a-47ef-be04-6076b7a6e5b3Sackler name to be removed from Metropolitan Museum of Art gallerieshttps://www.ft.com/content/2a898811-ddce-40fc-a736-f538ec31d58dThe FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/f448826b-f40b-49be-824d-5795493cee5fThe Big Four accounting firms have recorded their strongest financial performance since the collapse of Enron, and Apple is tolerating a loose interpretation of its new privacy rules allowing app developers to collect data from its 1bn iPhone users for targeted advertising. Plus, the FT’s Beijing Bureau chief, Tom Mitchell, explains how the Chinese government might orchestrate the slow-motion collapse of indebted property developer Evergrande. Big Four post strongest performance since Enron as advisory business booms - with Michael O’Dwyerhttps://www.ft.com/content/95a0c80b-1262-42c3-ac5b-bb693e06d3c4Apple reaches quiet truce over iPhone privacy changes - with Patrick McGeehttps://www.ft.com/content/69396795-f6e1-4624-95d8-121e4e5d7839Beijing seeks to orchestrate slow-motion collapse for Evergrande - with Thomas Hale https://www.ft.com/content/21acda99-ee35-4f6d-8cfa-017d55e1bb10The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.