FT News Briefing

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 [email protected]

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 [email protected]

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 [email protected].

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

UK Prime Minister Andy Burnham’s government is searching for a British alternative to Palantir, and Russian President Vladimir Putin has instructed his military leaders to abandon the rules of war, according to intelligence intercepted by Kyiv. Plus, Eurozone borrowing costs surged, and Brazil’s election pits the leftwing incumbent against a rightwing former president’s son.

Mentioned in this podcast:

Andy Burnham searches for UK alternative to Palantir

Putin has told military leaders to abandon rules of war, Zelenskyy says

Eurozone borrowing costs surge in global bond rout

US sanctions Kremlin-backed fintech A7 for allegedly assisting Iran

Scandal and succession in the House of Bolsonaro

Want to get in touch? Email us at [email protected]

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.

One pilot of a flight from Dubai to Tel Aviv stabbed the other and attempted to crash the aircraft. An FT analysis reveals US Big Tech companies have an outsized influence in Brussels. Plus, RSM, one of the world’s largest accounting firms, is exploring a possible initial public offering, and Nike is struggling to compete in China.

Mentioned in this podcast:

What we know about the Flydubai flight to Israel

Big Tech out-lobbies European companies in Brussels

Auditor RSM explores IPO to ward off private equity-backed rivals

How Nike fell off the pace in China

Want to get in touch? Email us at [email protected]

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.

UK businesses react to Prime Minister Andy Burnham’s speech to the Labour conference, US and French bonds are in hot water, and could an American ban on diesel exports backfire? Plus, US President Donald Trump has dismissed calls for stricter AI regulation, in a show of dominance over tech executives who he summoned to the White House.

Mentioned in this podcast:

UK bosses left in dark by Burnham and Healey’s emphasis on ‘cost of business’

Donald Trump held crunch talks on diesel export

US 30-year Treasury yield hits highest since 2002

Vanguard warns France is ‘long-term degrading credit’ as yields rise

Donald Trump says US tech bosses agreed to ‘self-regulation’ of AI risks

Anthropic warns of ‘existential risks to humanity’ in IPO prospectus

OpenAI axes next model citing safety issues

Credit: CNBC

Want to get in touch? Email us at [email protected]

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.

UK chancellor John Healey has told the Labour Party conference that the economic conditions enjoyed by New Labour are “simply not there now”, Nvidia has held talks with insurance companies about shouldering the risks of lending against its chips, and oil prices and US Treasuries are locked in their tightest relationship since the first Gulf war in 1990. Plus, an oil field project in the Falkland Islands has put even more pressure on its relationship with neighboring Argentina, and Japanese convenience store chain FamilyMart has enlisted global pop megastar Lady Gaga to help offset the country’s acute labour shortage.

Mentioned in this podcast:

Burnham to set out plan to break ‘politics as usual’ by tackling UK’s biggest issues

Blair-era money is ‘not there now’, Healey warns Labour

Nvidia turns to insurers to spread the risk of AI buildout

Nvidia launches record $150bn share buyback

Oil price and US Treasury yields in tightest relationship since 1990

Oil raises the stakes in Argentina’s push against the Falklands

Lady Gaga tells Japanese people to work for FamilyMart

Credit: Oricon, Labour party

Want to get in touch? Email us at [email protected]

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.

UK Prime Minister Andy Burnham returns to the Labour conference to sell his vision, EU countries are considering a Nato-style joint response to Russia’s hybrid war, and foreign investors have been buying up Panama’s debt despite social unrest and threats from US President Donald Trump.

Mentioned in this podcast:

‘Hope again’: Burnham returns to Labour conference to sell his vision

EU countries consider Nato-style joint responses to Russian hybrid attacks

Foreign investors bet Panama can shrug off social unrest and Trump threats

Want to get in touch? Email us at [email protected]

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 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.

Xi Jinping said the US and China should avoid being drawn into a “conflict” in remarks at the White House, and Brussels has warned Britain needs to raise tariffs on Chinese cars if it wants to avoid barriers that would hit crucial exports. Plus, dozens of foreign officials walked out of the UN General Assembly as Israeli Prime Minister Benjamin Netanyahu began his address, and the FT’s Kate Duguid explains what the bond market sell-off means for US mortgage rates and the health of the economy.

Mentioned in this podcast:

Xi Jinping says US and China must ‘coexist in peace’ in historic White House visit

US mortgage rates breach 7% as affordability pressures mount

EU urges UK to raise tariffs on Chinese cars to avoid ‘made in Europe’ barriers

Subway rival bets hot sandwiches will sell in UK’s ‘cold and rain’

Credit: United Nations, White House

Want to get in touch? Email us at [email protected]

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 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.

US Treasury yields soared on Wednesday, Iran’s President Masoud Pezeshkian said Tehran was prepared to negotiate with the US, and the FT’s Sam Fleming explains why the UK budget is in a tight spot. Plus, billions of dollars of Rosneft’s foreign earnings were funnelled through a Kremlin-backed money-laundering network, and Syria’s search for justice for Assad-era crimes could spark more unrest.

Mentioned in this podcast:

US Treasury yields soar most since ‘liberation day’ tariffs shook markets

Treasury open to smaller fiscal headroom to reduce tax hikes

The FT’s Budget dashboard: the data confronting Chancellor John Healey

Rosneft billions fed Kremlin-backed money laundering network

Syria: a dangerous search for justice

Crime and punishment in the Middle East

Credit: PBS

Want to get in touch? Email us at [email protected]

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 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.