Apple’s rollout of artificial intelligence services in China with Alibaba is being held up, Wells Fargo faces an uphill battle to catch up with its rivals after asset cap was lifted, and US President Donald Trump says Russian President Vladimir Putin is not ready for “immediate peace” with Ukraine. Plus, the European Commission has finally given Bulgaria the green light to join the Eurozone in 2026.

Mentioned in this podcast:

Apple and Alibaba’s AI rollout in China delayed by Trump trade war

Wells Fargo has finally shed its dunce cap

Wells Fargo asset cap lifted after ‘fake accounts’ scandal

Putin planning to retaliate for Ukraine drone attack, says Trump

Bulgaria to join Eurozone in 2026

Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s acting co-head of audio. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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