FT News Briefing

Oil executives expressed their appetite for investing in the Middle East despite the war, the conflict has blown a near-£12bn hole in Britain’s public finances, and big investors are “bottom fishing” among beaten-down assets, including Italian bonds and corporate debt. Plus, China is building data centres at rapid speed across Inner Mongolia and a measure of credit risk at Elon Musk’s SpaceX rose to a record high.

Mentioned in this podcast:
Oil majors look beyond Middle East war to access region’s vast reserves
Iran war blows near-£12bn hole in Britain’s public finances
Big investors ‘bottom fish’ in Eurozone bond markets after France sell-off
China races to build AI data centres across energy-rich hinterland
SpaceX credit risk jumps on worries over its borrowing spree

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, and Josh Gabert-Doyon. Our editor is Marc Filippino. 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.

Paramount Skydance is tackling a huge pile of debt following its takeover of Warner Bros Discovery, oil tanker captains are being paid rates equivalent to $100,000 a month for travelling through the Strait of Hormuz, and the UK’s tax authorities probed Manchester City in 2018. Plus, the battle for control of the $265bn Tata Group hinges on India’s motorbike billionaire, and Brussels is considering taxing big US tech companies through a broad levy on large corporations.

Mentioned in this podcast:
Debt in the spotlight as Paramount closes $111bn deal for Warner Bros
Ships’ captains paid $100,000 a month to transit Strait of Hormuz
HMRC opened probe into Man City’s tax affairs in 2018
India’s motorbike billionaire steering tussle at Tata
Brussels looks to capture Big Tech through tax on large corporations
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, and Josh Gabert-Doyon. Our editor is Marc Filippino. 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.

A sharp rise in US government borrowing costs this year is bleeding into the corporate debt market and Hong Kong’s de facto central bank questioned HSBC on why its new AI hub would be established in Singapore. Plus, Brazil’s currency, stocks and bonds jumped after rightwing presidential candidate Flávio Bolsonaro won a first-round victory, and insurers are preparing for multimillion-dollar claims stemming from AI agents going “rogue”.

Mentioned in this podcast:
Surge in borrowing costs hits corporate America
Brazil’s markets surge as investors bet on Flávio Bolsonaro election win
France: between the bond market and the barricades
Insurance claims to test Altman and Amodei liability for ‘rogue’ AI
Hong Kong quizzes HSBC over Singapore AI hub decision
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, and Josh Gabert-Doyon. Our editor is Marc Filippino. 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.

Tory leader Kemi Badenoch will solidify her role at the head of the party during this week’s conference, and corporate dealmaking was on the decline last quarter after the collapse of mega-deals. Plus, Estonia is moving troops to its border with Russia and Israel’s prime minister Benjamin Netanyahu’s government supports aggressive settler expansion in the run-up to the country’s elections.

Mentioned in this podcast:
Dealmaking slowdown threatens early end to M&A boom
Estonia shifts troops closer to Russia in ‘active defence’ push
Israelis rush to get new settlements past ‘starting line’ before election

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, and Josh Gabert-Doyon. Our editor is Marc Filippino. 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.

We're bringing you a recent episode from our fellow FT podcast, Unhedged.

Over the summer, the FT held a revamped version of its stock picking game – think fantasy football for the global equity markets. Some 13,000 people took part – a shocking number considering how unfashionable active fund management has become in the real world. Katie Martin and Rob Armstrong invite their FT Money colleague Nathan Brooker, who runs the competition, to discuss the psychology of stock picking, and whether it has a future in real life. Plus, Nathan shorts holiday spoilers, Katie shorts pesky kids, and Rob throws active investors some love.

The FT’s next stock picking game launches on Monday October 5. Entry is free to all FT subscribers aged 18 or over. Registrations will remain open for a number of weeks after the launch date. To participate, go to: https://stockpickinggame.ft.com

For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.

You can email Robert Armstrong and Katie Martin at unhedged@ft.com.
Hosted on Acast. See acast.com/privacy for more information.