FT News Briefing

Tesla withstood disruption to China production and the high costs of scaling up new plants in Texas and Germany, Ukraine is getting some debt relief from western creditors, and Sri Lanka is just one of a number of developing economies facing growing pressure from soaring energy costs and a stronger US dollar. Plus Italian prime minister Mario Draghi’s government is on the brink of collapse, and Liz Truss will go head-to-head with Rishi Sunak in the race to become Britain’s next prime minister.Mentioned in this podcast:Tesla profits jump despite production disruptionsDraghi on brink after coalition partners withdraw backingUkraine secures preliminary deal to suspend debt repaymentsWhat Sri Lanka reveals about the risks in emerging marketsRishi Sunak to face Liz Truss in battle to become UK Prime MinisterThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

Netflix loses 1mn subscribers, small and midsize venture capital firms in China are struggling to raise funds as foreign investors flee risk, and former Brazilian President Luiz Inácio Lula da Silva is running to be the country’s head of state again, in what could be an extraordinary political comeback.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Netflix loses 1mn subscribers but defections are fewer than feared‘Exponentially’ risky China leaves venture capital funds starved of cashFT interview: Brazil’s Lula on the prospects of an extraordinary comebackJudge grants Twitter fast-track trial to decide fate of $44bn Musk dealThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

Japanese tech investor SoftBank has put on hold plans for an initial public offering of Arm because of the political turmoil in the UK, a luxury shoe brand popularised by Sex and the City has won a trademark lawsuit after more than two decades, and the FT’s Martin Wolf breaks down what the battle to become the next British prime minister means for the country’s economy.Mentioned in this podcast:SoftBank halts work on Arm’s London IPO following political turmoilTory leadership election tracker: Four candidates remain in race to be PMManolo Blahnik wins 22-year legal fight over China trademarkTwitter Space: Inside SCOTUS’ lurch to the right - and Justice Clarence Thomas. The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

The leader of Sri Lanka’s biggest opposition party has urged the IMF to provide support to ease the country’s humanitarian crisis and cushion the blow of reforms, once high-flying financial technology companies are seeing their valuations crash to earth, and the FT’s Swamp Notes columnists Ed Luce and Rana Faroohar join Marc Filippino to talk about the changing economic geography of the US.Mentioned in this podcast:Sri Lanka opposition leader calls on IMF for ‘humane’ treatment, wants fresh electionsHalf a trillion dollars wiped from once high-flying fintechsSwamp Notes: The new geography of workThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

This week, Lilah talks to Martin Wolf about having the confidence to change your mind. Martin is our chief economics commentator and one of the most influential economics journalists in the world. He reflects on how he forms a worldview, and how his opinions have shifted over the past half-century. Then, we hear about the 'gentle parenting' craze on Instagram from Washington correspondent Courtney Weaver. There are no punishments, no bribes, and it encourages your child to have big feelings. But is it asking too much of parents?--------------We’re collecting your questions about feedback for an upcoming episode! Are you looking for advice on how to give or receive difficult feedback? Send your questions to us at ftweekendpodcast@ft.com.Want to stay in touch? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode:–Martin’s upcoming book is called The Crisis of Democratic Capitalis...

Italian prime minister Mario Draghi offered to resign, which caused problems for Italian stocks and for the euro. Plus, two of the biggest US banks had worse earnings reports than analysts expected.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Mario Draghi offers to resign as Italy’s prime ministerJPMorgan and Morgan Stanley profit miss casts pall over Wall StreetRising recession fears and broad shift into haven assets have boosted the greenbackThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

US consumer prices rose more than forecast in June, hitting an annual pace of 9.1 per cent, and investors are shunning 20-year US government bonds. Plus,a clash of cultures and geostrategic interests sank a German-Chinese joint venture competing in the new space race.This episode states Canada raised its interest rates by a 'full basis point' when we mean 'full percentage point'. We regret the errorMentioned in this podcast:US inflation hit 9.1% in June putting further pressure on FedUkraine and Russia making progress on grain talks, says UNThe corporate feud over satellites that pitted the west against ChinaFT Live Event: Britain after Boris Johnson ft.com/afterjohnsonThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of au...

US president Joe Biden is set to meet with Saudi Crown Prince Mohammed bin Salman, the biggest US banks report earnings this week and are expected to show bumper profits from lending, and EU officials fear criminal groups are smuggling weapons out of Ukraine and on to Europe’s black markets.Mentioned in this podcast:US banks set for lending earnings boost as Fed lifts ratesJoe Biden seeks reset on Saudi Arabia as oil tensions flareNato and EU sound alarm over risk of Ukraine weapons smugglingFT Global Survey: www.ft.com/2022surveyThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

Former UK chancellor Rishi Sunak and foreign secretary Liz Truss have emerged as the favourites to replace prime minister Boris Johnson, and more details have been revealed in the murder of Japan’s former prime minister, Shinzo Abe. Plus, Nikkei Asia’s Marwaan Macan-Markar explains how Sri Lanka’s economic and political crises could foreshadow similar issues in other debt-ridden countries.Mentioned in this podcast:Sunak to stand firm on taxes until he has ‘gripped inflation’Sri Lanka prime minister confirms besieged president Rajapaksa to resignKilling of Shinzo Abe shines spotlight on politicians’ links with MooniesDid you move to work remotely? Email marc.filippino@ft.com with your story.The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

Twitter is mounting legal action against Elon Musk as he tries to terminate the deal to buy the social media company, black Americans’ higher exposure to cryptocurrencies has left them more vulnerable to the financial downturn, Cairo’s storied houseboats have been removed as part of bigger changes that many fear will destroy heritage and green space in the Egyptian capital.Mentioned in this podcast:Experts say Musk faces uphill battle for victory in Twitter legal fightTwitter hires Wachtell legal firm to sue Elon Musk for ending $44bn acquisitionCrypto collapse reverberates widely among black American investorsCairo houseboats adrift in storm over developmentThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.