FT News in Focus

The Silicon Valley company's plan to spin off its $24bn stake in Alibaba suffered a second major setback this week when the IRS, the US tax authority, said it had serious concerns about deals similar to the one proposed by Yahoo. Aimee Keane speaks with San Francisco correspondent Hannah Kuchler about the authority's statement and what effect it could have on the potential spin-off.

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Henry Mance is joined by John Paul Rathbone, Latin America editor, to discuss what went wrong for Brazil's economy, why the chairman of airline group United Continental resigned, and how the City of London has changed during the long reign of Queen Elizabeth II.

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In an excerpt from this week's episode of Alphachat, Cardiff Garcia speaks to US markets editor Robin Wigglesworth and US economics editor Sam Fleming about the potential implications of higher interest rates.

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Henry Mance is joined by John Paul Rathbone, Latin America editor, to discuss what went wrong for Brazil's economy, why the chairman of airline group United Continental resigned, and how the City of London has changed during the long reign of Queen Elizabeth II.

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Three of China's most successful businessmen talk to the FT's Patti Waldmeir about their rags-to-riches stories, the difficulties they had to overcome and their recipe for a successful life.

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United Continental Holdings announced on Tuesday that the US airline's chief executive Jeff Smisek would resign in connection with a federal investigation linked to a key ally of New Jersey Governor Chris Christie, who is running for the White House. Aimee Keane speaks with Ed Crooks to find out how the carrier found itself entangled in the probe. Read the full story by Ed Crooks and Gina Chon here.

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Modern life forces us to do a multitude of things at once - but can we? Should we? Tim Harford, the Undercover Economist who has 150 things on his to-do list, talks to the editor of the FT Weekend Magazine about the myths, science and history of multi-tasking - and how to do it well. Music credit: Jahzzar, "Please listen carefully"

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Henry Mance looks at how Europe woke up to the refugee crisis in the Mediterranean, how we can learn to multitask better, and whether the banking industry is still just as broken as it was before the financial crisis.

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China appears set to reveal a weapon so formidable it could upset the balance of power in the Asia-Pacific region. The missile is likely to be wheeled through Beijing at a parade marking the second world war. James Kynge asks Charles Clover, FT Beijing correspondent, why defence experts see it as a potential game changer.

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Europe is facing its biggest refugee crisis in decades, with Germany assuming the greatest burden for absorbing the asylum seekers. Gideon Rachman talks to Jeevan Vasagar, FT correspondent in Berlin, and Tony Barber, FT Europe editor, about the political strains caused by the crisis.

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