Sales of Chinese electric-car maker BYD fell for the first time in 19 months in September, the US government shutdown is not likely to affect interest rates, and a fresh bout of jitters is shaking Argentina’s financial markets. Plus, a nascent solar revolution is taking hold in Africa’s largest oil-producing nation, Nigeria. Mentioned in this podcast:BYD monthly sales fall for first time since early 2024US government shutdown unlikely to prompt deeper Fed cutsArgentine assets hit by fresh selling amid worries over US bailoutSolar shines in the rush for power in Africa’s largest petrostateThe FT News Briefing has been nominated for Signal’s listener’s choice award for best Daily Podcast. Vote for us here! Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Gary, Michael Lello 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.
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10:36
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10:36
Spotify has its leadership on shuffle mode 🔀
The US government has shut down after Democrats and Republicans failed to agree on a spending deal before the October 1 deadline, and Sir Keir Starmer has tried to revive his floundering premiership by urging his Labour party to launch a “patriotic” fight against Nigel Farage’s Reform UK. Plus, US President Donald Trump is launching a direct-to-consumer drug sales programme, and Spotify is appointing co-CEOs to replace Daniel Ek. Mentioned in this podcast:Donald Trump announces direct-to-consumer ‘TrumpRx’ drug sales programmeWhat happens if the US government shuts down?Starmer urges Labour to launch ‘patriotic’ fight against ReformSpotify CEO Daniel Ek to step down as music streamer splits roleListen to Political Fix here: https://podfollow.com/975569919 The FT News Briefing has been nominated for Signal’s listener’s choice award for best Daily Podcast. Vote for us here! Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry, Michael Lello 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.
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10:22
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10:22
Game on for the biggest leveraged buyout
Elon Musk’s business empire has been hit by a wave of senior departures over the past year, video games maker Electronic Arts is being taken private by a Saudi Arabia-backed consortium, and Downing Street has opened the door for Labour to break its election promises and raise taxes in the Budget. Plus, the euro’s biggest rally since 2017 has further to run, Wall Street banks are predicting. Mentioned in this podcast:Elon Musk hit by exodus of senior staff over burnout and politicsVideo games maker Electronic Arts strikes $55bn deal to go privateLabour refuses to rule out manifesto-breaking tax risesEuro’s rally has further to run, Wall Street banks predictThe FT News Briefing has been nominated for Signal’s listener’s choice award for best Daily Podcast. Vote for us here! Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kent Militzer, Michael Lello 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.
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9:55
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9:55
Washington tangos with another government shutdown
The Trump administration’s financial regulator is preparing to change five decades of corporate reporting practice, and the US government is once again on the brink of a shutdown. Plus, Denmark is closing its airspace to drones after a series of incursions, and drive-throughs are the latest craze sweeping the coffee world. Mentioned in this podcast:Let the market decide how often companies reportTrump to meet lawmakers with government shutdown days awayDenmark bans civil drones for a week after sightings over military basesThe rise of drive-through US coffee chains with a need for speedWhy Japan is sprucing up its shabby officesToday’s FT News Briefing was produced by Ethan Plotkin, Victoria Craig, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Alexander Higgins and 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.
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12:17
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12:17
Vote for the FT News Briefing in the Signal Awards!
The FT News Briefing has been nominated for Signal’s listener’s choice award for best Daily Podcast. And we need your help in order to win. Please vote for us by clicking the link. Also vote for our other FT podcasts who have been nominated for a Signal award, Behind the Money and Tech Tonic. We promise the whole process will take less than five minutes.Vote for the FT News Briefing Vote for Behind the Money Vote for Tech Tonic 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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