FT News Briefing

US and Chinese experts meet to discuss mitigating AI risks despite an ongoing tech rivalry, and US megadonors are largely backing Republicans in this midterm election season. Plus, Prime Minister Mark Carney strikes out on his pitch for a “unique alliance” between Canada and the EU, and the Dangote Petroleum Refinery is expected to be Africa’s biggest IPO.

Mentioned in this podcast:
Can the US and China work together on AI risk?
US billionaires line up to bankroll Republicans’ election push
EU rebuffs Mark Carney’s ‘unique alliance’ with Canada
The $1.6bn IPO that could draw millions of Nigerians to the stock market

Want to get in touch? Email us at podcasts@ft.com

Note: The FT does not use generative AI to voice its podcasts

The FT News Briefing is produced by Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Josh Gabert-Doyon. Our show is mixed by Sam Giovinco and Kelly Garry. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. 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.

Tech stocks fell yesterday as markets reacted to ongoing talk of an AI apocalypse, industrial America is contending with a fresh wave of supply chain inflation, and foreign investors are now buying more US stocks than government bonds. Plus, China has implemented sweeping new controls on overseas travel for Chinese citizens.

Mentioned in this podcast:
US manufacturers hit by fresh burst of supply chain cost inflation
Ten-year Treasury yield hits 5% for first time since 2023
Foreign investors prefer US stocks to Treasuries as debt worries grow
Why delaying an AI doomsday would benefit investors too
China tightens control of overseas travel in sweeping new law

Want to get in touch? Email us at podcasts@ft.com

Note: The FT does not use generative AI to voice its podcasts

The FT News Briefing is produced by Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Josh Gabert-Doyon. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. 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 Treasury secretary Scott Bessent’s interventions in the American bond market haven’t worked so far, but could interest rate decisions from the Federal Reserve and Bank of Japan this week change things? Plus, Russia hit a Ukrainian train line moments after foreign dignitaries transited it, and the FT’s Zehra Munir explains how protesters cancelled a data centre project in Virginia.

Mentioned in this podcast:
Warsh and Trump on collision course as investors expect Fed to raise rates
Scott Bessent fails to break ‘fever’ in US bond market
Russia strikes Ukrainian train line moments after foreign dignitaries pass
The civil war in Data Centre Alley

Subscribe to the FT: ft.com/briefingsale

Want to get in touch? Email us at podcasts@ft.com

Note: The FT does not use generative AI to voice its podcasts

The FT News Briefing is produced by Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Josh Gabert-Doyon. Our show is mixed by Sam Giovinco and Kelly Garry. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. 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 long-term borrowing costs surged to their highest level in more than two decades, and Gulf foreign ministers plan to meet their Iranian counterpart to negotiate a deal temporarily managing shipping through the Strait of Hormuz. Plus, Brics – the developing world’s answer to the G7 – meets this weekend during a unique moment of opportunity to remake the global order.

Mentioned in this podcast:
Global bond sell-off reignites as oil jumps to $107
Iran and Gulf states to meet in push for Hormuz deal
Houthis capture Red Sea port in blow to Saudis
Virgin Media O2 owners target £600mn in cost cuts
Time for the Brics

Want to get in touch? Email us at podcasts@ft.com

Note: The FT does not use generative AI to voice its podcasts

The FT News Briefing is produced by Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Josh Gabert-Doyon. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. 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 government bond yields jumped to their highest level in almost three years, and the Japanese yen has strengthened this week. Plus, the IMF ditched a top candidate for chief economist at the last minute, and AI is writing the playbook for venture capital.

Mentioned in this podcast:

US Treasury yields jump as plans for $6bn buybacks disappoint investors
‘I am the house now’: Bessent warns currency traders not to bet against yen
IMF ditched top candidate for chief economist job over Trump tariff remarks
Moonshot capitalism: AI rewrites the venture capital playbook
The Dorchester hotel to sell Qatari sheikh’s car over unpaid £460,000 bill

Want to get in touch? Email us at podcasts@ft.com

Note: The FT does not use generative AI to voice its podcasts

The FT News Briefing is produced by Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Josh Gabert-Doyon. Our show is mixed by Sam Giovinco and Kelly Garry. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.

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