US President Donald Trump and Russian President Vladimir Putin meet in Alaska today, and Dubai is trying to hold on to its role as the financial centre of the Middle East. Plus, China is sending out a warning to foreign countries stockpiling rare earths metals, and the FT’s Katie Martin explains why she’s worried about the calm in the markets. Mentioned in this podcast:Can Dubai keep its crown as the Middle East’s finance capital?Investors are frogs in a Trumpian potChina warns foreign companies against stockpiling rare earthsPutin hails Trump’s ‘energetic and sincere’ efforts to end Ukraine warToday’s FT News Briefing was produced by Katya Kumkova, Josh Gabert-Doyon and Marc Filippino. Additional help from Kent Militzer, Michael Lello, David da Silva and Gavin Kallmann. Our 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.
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12:31
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12:31
Opec pops US shale’s balloon
Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, and UK companies in China are being buoyed by diplomatic law. Plus, the FT’s Jamie Smyth explains why the US shale boom may be over after a decade-long run. Mentioned in this podcast:UK companies in China buoyed by diplomatic thawUS oil producers say Opec ‘price war’ will halt shale boom Initial tax data allays fears of non-dom exodus from UKSign up for the FT Weekend Festival at ft.com/festival and use the promo code “FTPodcasts” for 10 per cent off.Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, and Marc Filippino. Additional help from Sam Giovinco, Michael Lello, and Gavin Kallmann. Our 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.
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10:27
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10:27
Norway’s oil fund dumps Israeli companies
The White House walks back expectations for Friday’s meeting between the US and Russian presidents, and Norway’s oil fund is pulling its money out of Israel. Plus, inflation stayed flat in the US in July, and storm-hit beach towns are struggling to shore up amid sand scarcity.Mentioned in this podcast:White House downplays expectations for Trump-Putin Alaska summitUS inflation holds steady at 2.7% in July despite Trump’s tariffsNorway oil fund sells out of a fifth of Israeli firms amid fierce criticismCan the world’s beaches survive a sand shortage?Crypto founder Do Kwon pleads guilty to US fraud chargesToday’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Michaela Seah, and Marc Filippino. Additional help from Kelly Garry, Michael Lello, and Gavin Kallmann. Our 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.
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11:07
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11:07
Why the Mexican peso is on a tear
EU leaders will hold a call with US President Donald Trump ahead of his meeting with Russian leader Vladimir Putin, and the Mexican peso has emerged as an unlikely winner from Trump’s trade war. Plus, Trump has opened the door to Nvidia selling advanced AI chips to China, and the FT’s Kathrin Hille explains what’s next for Taiwan after the country’s failed recall vote. Mentioned in this podcast:EU leaders to hold call with Trump ahead of Putin meeting over UkrainePeso soars as ‘carry trade’ reignites after tariff delaysTrump opens door to Nvidia selling advanced AI chips to China for a feeWhy Taiwanese fear China could take over from withinToday’s FT News Briefing was produced by Fiona Symon, Sonja Hutson, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. Our 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.
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11:11
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11:11
Trump tries for a Ukraine peace deal
UK employers cut back hiring over labour and tax cost fears, and Ukraine and its European allies worry about US President Donald Trump’s summit with Russian President Vladimir Putin. Plus, HSBC is weighed down by woes in the Hong Kong commercial property market, and India’s huge IT sector is scrambling to counter the threat of artificial intelligence. Mentioned in this podcast:UK employers cut back hiring over labour and tax cost fearsDonald Trump to meet Putin in Alaska as he signals Ukraine may need to cede landEuropean allies back Ukraine’s borders after Donald Trump floats land swap with RussiaHSBC flags 73% of Hong Kong commercial property loans as riskyIndia’s IT services giants race to reinvent themselves for the AI ageToday’s FT News Briefing was produced by Ethan Plotkin, Jess Smith, Sonja Hutson, Fiona Symon, and Marc Filippino. Additional help from Alex Higgins and Peter Barber. Our acting co-head of audio is Topher Forhecz. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See acast.com/privacy for more information.
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