This week we’re revisiting an episode from earlier this year about the London Stock Exchange’s decline. The exchange once held the top spot in global financial markets, but that’s changed completely in recent years. The FT’s Harriet Agnew and Katie Martin explain how a yacht floating off the Canary Islands 30 years ago played a critical role in changing the stock market.

Clips from CBS, Thames News

- - - - - - - - - - - - - - - - - - - - - - - - - -

For further reading:

Britain’s ‘capitalism without capital’: the pension funds that shun risk

‘There are no domestic equity investors’: why companies are fleeing London’s stock market

Why Europe’s stock markets are failing to challenge the US

- - - - - - - - - - - - - - - - - - - - - - - - - -

On X, follow Harriet Agnew (@HarrietAgnew), Katie Martin (@katie_martin_fx) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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

Introducing Life and Art, from FT Weekend. It's a new twice-weekly culture podcast from the Financial Times. On Monday, we talk about life, and how to live a good one, in a one-on-one conversation that explores everything from food and travel to philosophy and creativity. On Friday, we talk about “art” – in a chat show! Three FT journalists come together to discuss a new cultural release across film, TV, music and books. Hosted by Lilah Raptopoulos, together with the FT’s award-winning writers and editors, and special guests.

Click here to follow Life and Art, from FT Weekend.

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

In its early days Citigroup styled itself as a “financial supermarket”, a one-stop shop for all kinds of banking services around the world. But that plan has backfired in recent years. Stepping up to the challenge of repairing the bank is chief executive Jane Fraser, who announced her restructuring plan in September. The FT’s US banking correspondent Stephen Gandel and US banking editor Joshua Franklin discuss whether Fraser can turn the bank around, and if not, what happens to Citi. 

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

‘Get off the train’: Citi’s Jane Fraser sends tough message on big overhaul

Jane Fraser: the woman trying to turn Citi around 

Citi: Fraser the Razor needs sharper edge in her battle with The Blob 

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On X, follow Stephen Gandel, (@stephengandel), Joshua Franklin (@FTJFranklin) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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

 In a new series of Tech Tonic, FT journalists Madhumita Murgia and John Thornhill look at the concerns around the rise of artificial intelligence. Will superintelligent AI bring existential risk, or a new renaissance? Would it be ethical to build conscious AI? How intelligent are these machines anyway? The new season of Tech Tonic from the Financial Times, drops mid-November.

Presented by Madhumita Murgia and John Thornhill. Senior producer is Edwin Lane and producer Josh Gabert-Doyon. Executive produced by Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley.

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

In the US, nearly half a million people have gone on strike this year demanding better pay, working conditions and job security. With the FT’s US labour and equality correspondent Taylor Nicole Rogers, we’re zooming in on the strategies that three major labour movements have used in recent months to try and secure new contracts, and whether their efforts could signal a new era of power for unions in America. 

Clips from Associated Press

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

US carworkers suspend strike after reaching tentative deal with GM

How ‘true believer’ Shawn Fain reignited pro-union fervour in Detroit

Hollywood strikes take $5bn bite out of California economy

Teamsters boss vows tougher line in US labour talks

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On X, follow Taylor Nicole Rogers (@TaylorNRogers) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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

In October two US oil and gas giants announced massive deals: Chevron bought Hess, and ExxonMobil acquired Pioneer Natural Resources. These deals expand each company’s operations and secure their access to more oil for decades to come. But recent forecasts say global demand for fossil fuels will soon reach its peak. The FT’s Myles McCormick looks at why these companies are betting oil demand will stick around and whether that bet will pay off. 

Clips from Yahoo Finance, Reuters, CNBC, Bloomberg 

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

Oil megadeals usher in an age of energy uncertainty

Dealmakers see Chevron-Hess tie-up as the start of oil ‘arms race’

The race to be last man standing in Big Oil 

‘Jewel in the crown’: Chevron follows Exxon to Guyana’s oil riches

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On X, follow Myles McCormick (@mylesmccormick_) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. 

Read a transcript of this episode on FT.com

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

In the 1990s, Microsoft was seen as a tech industry bully. Once viewed as combative and ruthless in the eyes of regulators, the company underwent an image makeover in the decades since. Now, the FT’s Richard Waters explains how Microsoft’s transformation pushed their $75bn acquisition of video game publisher Activision Blizzard over the line earlier this month. 

Clips from Activision Blizzard

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

How Brad Smith used Microsoft’s $1bn law and lobbying machine to win Activision battle

The newfound influence of the UK’s competition watchdog

US v Microsoft: who really won? 

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On X, follow Richard Waters (@RichardWaters) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. 

Read a transcript of this episode on FT.com

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

It has been more than two years since GameStop’s stock caught fire on social media, at one point rising 135% in one day. The new film Dumb Money chronicles how the GameStop saga played out. The FT’s Ethan Wu sits down with the movie’s writers, Rebecca Angelo and Lauren Schuker Blum, to get a behind-the-scenes look at everything that went into the film. 

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

Well, actually: Our ‘Dumb Money’ movie review

Dumb Money film review —GameStop short-selling comedy hedges its bets

GameStop: from YouTube to Wall Street to Hollywood in Dumb Money

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On Twitter, follow Ethan Wu (@ethanywu) & listen to Unhedged here! 

Read a transcript of this episode on FT.com

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

This week, we have a bonus episode for you, live from the FT Due Diligence Forum in London. FT chief features writer Henry Mance sits down with author Michael Lewis to discuss his new book, Going Infinite: The Rise and Fall of a New Tycoon, an all-access account of Sam Bankman-Fried before his crypto exchange FTX collapsed. This conversation was recorded on October 11 2023. 

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

What Michael Lewis got wrong about FTX

Michael Lewis on how Sam Bankman-Fried and FTX fell — book review

How to beat Sam Bankman-Fried at trading when you’ve already lost

The SBF trial is a reminder that crypto is a rotten business

Many people longed to believe in Sam Bankman-Fried

Read a transcript of this episode on FT.com

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

In its latest fight to curb the power of Big Tech, the US Federal Trade Commission has sued Amazon. The regulator says the e-commerce giant has become such a big monopoly that its practices are hurting consumers and the third-party sellers that rely on its services. The FT’s San Francisco correspondent Camilla Hodgson explains what this case could mean for the company’s future.

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

Amazon’s most prominent antitrust critic makes her case

What Lina Khan’s antitrust case could mean for Amazon

Amazon & the FTC

Amazon offers concessions over third-party sales to appease UK antitrust watchdog

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On Twitter, follow Camilla Hodgson (@CamillaHodgson) and Topher Forhecz (@ForheczT)

Read a transcript of this episode on FT.com

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