Tesla said its quarterly profit fell by more than a quarter, Sequoia Capital’s chief operating officer resigned over comments made by partner Shaun Maguire that she regarded as Islamophobic, and UK inflation unexpectedly held steady at 3.8 per cent in September. Plus, the Trump administration has been quietly suppressing climate change data.

Mentioned in this podcast:

Tesla profits drop more than a quarter despite record sales

Sequoia COO quit over Shaun Maguire’s comments about Mamdani

UK inflation unexpectedly holds steady at 3.8% in September

The costs of Trump’s campaign to censor climate science

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Today’s FT News Briefing was produced by Fiona Symon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Michela Tindera and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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Netflix shares fell as a dispute with Brazilian tax authorities cut into its profits, Unilever said it has delayed the spin-off of its €15bn ice cream division because of the US government shutdown and gold had its worst day in more than a decade yesterday. Plus, critics are questioning whether South Africa’s Black empowerment policies are really paying off.

Mentioned in this podcast:

Netflix shares drop as Brazil tax dispute hits profits

Unilever’s €15bn ice cream spin-off delayed by US government shutdown

Gold tumbles 6% in biggest sell-off since 2013

South Africans question future of Black empowerment policies

Save 40% on a standard annual digital subscription: ft.com/briefingsale

Today’s FT News Briefing was produced by Fiona Symon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Michela Tindera and David da Silva. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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

US President Donald Trump urged his Ukrainian counterpart to accept Russia’s war terms during Friday’s volatile White House meeting, and five-year plans still have a place in Chinese politics despite massive changes to its economic system. Plus, global hedge funds are listing in Hong Kong again after an extended slowdown, and the battle for control of rare earth metals is turbocharging stock prices in this sector.

Mentioned in this podcast:

Trump urged Zelenskyy to accept Putin’s terms or be ‘destroyed’ by Russia

China pushes high-tech in 5-year plan as US tensions rise

Why China still loves its five-year plans

Hedge funds return to Hong Kong listings

Rare earths shares soar as US and China battle over export controls

Save 40% on a standard annual digital subscription: ft.com/briefingsale

Today’s FT News Briefing was produced by Ethan Plotkin, Jess Smith, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Peter Barber. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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Shares in US regional banks fell on Thursday after two lenders disclosed that they were exposed to alleged fraud by borrowers, and the UK economy grew 0.1 per cent in August. Plus, Japan is having a hard time keeping up with demand for matcha.

Mentioned in this podcast:

US regional bank shares sink on credit worries after fraud disclosures

UK economy grew 0.1% in August

Japan buckles under matcha mania

Today’s FT News Briefing was produced by Michela Tindera, Josh Gabert-Doyon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann and Michael Lello. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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

Big investors are cutting back their exposure to riskier corporate debt, the IMF doled out some advice to the US and the UK, and China’s economy remained mired in deflation last month. Plus, Turkey’s business community is being rattled by an anti-corruption drive that has swept up hundreds of companies.

Mentioned in this podcast:

Big investors scale back risky bond exposure after storming rally

IMF warns US must tackle its yawning deficit

IMF urges UK to stick with two official economic forecasts every year

China’s consumer prices fall as deflationary pressures persist

Crackdown or capital grab? Turkey state fund controls 1,000 businesses

Email Marc your questions about US politics: Marc.filippino@ft.com

Today’s FT News Briefing was produced by Lucy Baldwin, Fiona Symon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kent Militzer. Additional help from Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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The leaders of Goldman Sachs, JPMorgan Chase and Citi warned that investor exuberance risked driving financial markets into bubble territory, and US investors are hunting for private data as the federal government shutdown is blocking the release of crucial reports. Plus, silver hit a record on Tuesday, and investors are facing a growing concern that European defence start-ups are oversaturating the market.

Mentioned in this podcast:

Banks caution over bubble as they report bumper profits

US government shutdown leaves traders ‘flying blind’ on jobs data

Silver price hits record amid scramble in London market

Investors confront top of European defence start-up ‘hype cycle’

Today’s FT News Briefing was produced by Ethan Plotkin, Fiona Symon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann and Michael Lello. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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

US stock markets rebounded on Monday, and the Netherlands has taken control of a Chinese-owned semiconductor company. Plus, US President Donald Trump visited Jerusalem on Monday to celebrate the release of Israel’s hostages, and Europe’s lagging IPO market is starting to pick back up.

Mentioned in this podcast:

US stocks rebound after Donald Trump takes softer tone on China

Dutch government takes control of Chinese-owned chipmaker Nexperia

Trump arrives in Egypt after hailing ‘historic dawn of a new Middle East’

European IPO markets show signs of revival

Economics Nobel Prize awarded for explaining innovation-driven growth

Today’s FT News Briefing was produced by Ethan Plotkin and Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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US President Donald Trump has threatened new “large scale” export controls on China, and Wall Street’s investment banks just wrapped up a record-breaking quarter. Plus, dozens of European lawmakers are earning income from side hustles connected to their legislative responsibilities, and OpenAI’s ownership structure is making it harder for the company to raise money.

Mentioned in this podcast:

China blames Trump and US for escalating trade war

Wall Street investment banking revenues poised to top $9bn

Scores of MEPs hold side jobs in sectors where they steer EU laws

Who owns OpenAI? blockbuster deals complicate investor payouts

Check out ‘Toxic Legacy’ from the FT’s Untold podcast

Today’s FT News Briefing was produced by Ethan Plotkin, Josh Gabert-Doyon, Sonja Hutson, and Marc Filippino. Our show was mixed by Alex Higgins. Additional help from Peter Barber. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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