From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. Hosted on Acast. See acast.com/privacy for more information.
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A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See acast.com/privacy for more information.
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Life and Art from FT Weekend is the twice-weekly culture podcast of the Financial Times. On Monday, we talk about life, and how to live a good one in one-on-one conversations. 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. Hosted on Acast. See acast.com/privacy for more information.
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Podcast by Topher F
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Nvidia’s third-quarter revenue almost doubled from a year ago, and UK inflation accelerated in October as energy prices rose. Disgraced Archegos founder Bill Hwang is sentenced to 18 years in prison for fraud, and China has prepared powerful countermeasures to retaliate against US companies if president-elect Donald Trump reignites a trade war. Men…
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Bridgewater is joining forces with State Street’s asset management arm to offer an ETF, Ukraine has struck a military target inside Russia using US-made long-range missiles for the first time, and Walmart’s third-quarter revenue beat forecasts. Plus, Asia’s arms makers and naval shipbuilders are leading a global surge in defence stocks. Mentioned i…
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Lately, China’s economy has been in the doldrums, with the risk of a “deflationary spiral” lurking. Plus, toss in the election of Donald Trump in the US — and reaching the economic goals President Xi Jinping set more than a decade ago looks even more difficult. The FT’s China bureau chief Joe Leahy examines Beijing’s latest plans to fix the country…
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US business raises alarm over Trump’s deportation plan
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Israel says it struck a “specific component” of Iran’s nuclear programme last month, and US business leaders are warning Donald Trump’s deportation plan could create mass labour shortages. Vanguard’s retail shareholders can now vote for profit over ESG issues, and Chinese tech companies are building AI teams in Silicon Valley, despite Washington’s …
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Best of: why men’s fashion is skimpier and more queer
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You probably noticed by their clothes: this summer, men just wanted to have fun. Crop tops, short shorts and even kilts and skirts were in. Long sleeves, and long inseams, were out. Today, two FT men’s fashion experts, Robert Armstrong and Eric Platt, join us to discuss how and why this happened, and what the rise of skimpy menswear tells us about …
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President Joe Biden has authorised Ukraine to launch limited strikes into Russia using US-made long-range missiles, and the world’s largest economies are gathering in Brazil for a G20 summit overshadowed by Donald Trump. The US dollar is rallying, as markets expect that the next administration will reignite inflation. Meanwhile, the president-elect…
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Behind the Money: Wall Street, tech and energy during Trump’s second term
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Who will corporate America's winners and losers be under four more years of Donald Trump? This week, the FT’s Brooke Masters, Stephen Morris and Jamie Smyth explain what changes a second Trump administration will bring to three crucial sectors: Wall Street, tech and energy. This is an episode of the Financial Times podcast Behind the Money. If you …
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Culture chat: ‘Anora’, the unlikely film leading the Oscar race
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Today we’re talking about Anora, the new critical darling about the whirlwind romance between a Brooklyn sex worker and the hell-raising son of a Russian oligarch. The film follows the couple’s chaotic week together, their impulsive marriage, and what happens when the oligarchs hear the news and demand an annulment. It’s directed by Sean Baker, kno…
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The Democratic party is hardly monolithic. But if there’s one thing that’s kept it together over the past decade, it’s been a shared opposition to Donald Trump. Now that Trump is returning to the White House, how will the party try to win voters back? The FT’s deputy Washington bureau chief Lauren Fedor and US national editor and columnist Ed Luce …
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The Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft’s cloud computing business, and the FT’s Katie Martin explains why the post-election excitement around crypto comes down to vibes and vision. Plus, Disney’s earnings jumped 39 per cent, and Berkshire Hathaway has investors asking questi…
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Republican John Thune will be the next leader of the Senate, and the president-elect gets to work filling out his cabinet. Plus, US inflation rose to 2.6 per cent in October, as the Federal Reserve debates whether to cut interest rates next month. Plus, activist investor Effissimo Capital Management has taken a stake in struggling carmaker Nissan. …
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Donald Trump’s ‘hush money’ case has been paused, Ukraine has been building on its ‘victory plan’ for his incoming administration and SoftBank reported that it is profitable again. Plus, Wall Street has loaned billions of dollars to a niche group of tech companies based on their possession of Nvidia’s artificial intelligence chips. Mentioned in thi…
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Wall Street, tech and energy during Trump’s second term
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Who will corporate America's winners and losers be under four more years of Donald Trump? This week, the FT’s Brooke Masters, Stephen Morris and Jamie Smyth explain what changes a second Trump administration will bring to three crucial sectors: Wall Street, tech and energy. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading: Ca…
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Calendar year inflows in to exchange traded funds surpassed their previous full-year record at the end of October, and we look at how Donald Trump’s win ushers in a new era for Elon Musk. Plus, rival groups of bondholders are vying to extend loans to the troubled UK utility Thames Water. Mentioned in this podcast: Elon Musk’s gamble on Donald Trump…
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Jancis Robinson on how to start collecting wine
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If you are someone who has or wants to have wine at your house, this episode is for you. Whether you’re looking to buy a few bottles you’ll drink in the next few months, or you’d like to start collecting and ageing wine for years to come, we’ve got you covered. FT wine editor Jancis Robinson, author of the Oxford Companion to Wine, talks us through…
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China’s $1.4tn fiscal package fails to excite
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Donald Trump’s election victory has sent shockwaves across the renewable energy industry, and China has announced fiscal stimulus to bail out local governments. Bitcoin hit $80,000 for the first time as cryptocurrency investors anticipate looser regulations under Trump, and Argentina’s legal battles could complicate President Javier Milei’s attempt…
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The Republicans swept to power in Tuesday’s election, winning the White House, the Senate, and probably the House of Representatives. Voter dissatisfaction with the economy played a big part in their success. The FT’s Washington bureau chief James Politi and global business columnist Rana Foroohar join this election week episode of Swamp Notes to e…
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Our critics’ best advice for how to discover new music
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Today, we explore how to discover new music. Despite having access to more music than ever before, many of us are still falling back on the same old stuff. The algorithms may be pushing us toward uniformity, but how do we break out of the echo chamber? FT pop critic Ludo Hunter-Tilney and music and culture writer Arwa Haider join Lilah to share adv…
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US stocks rallied after Donald Trump’s election victory, but the euphoria could be short-lived if his policies drive up inflation. Plus, German opposition leader Friedrich Merz has called for snap elections as early as January following the collapse of Olaf Scholz’s government, and Trump’s victory is set to cast a pall over the UN COP29 summit next…
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Wall Street stocks hit a record high but investors dumped bonds after Donald Trump’s historic US election victory, and the FT’s Lauren Fedor explains what to expect from his agenda. In Europe, leaders have vowed to preserve a united front and work with Trump, and export-reliant economies across the world brace for his promised tariff increases. Men…
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A divided US electorate made their choice at the polls yesterday, after candidates Kamala Harris and Donald Trump spent a combined $3.5bn in their race for the White House. Plus, Germany’s government is in talks on next year’s budget amid fears the coalition could collapse. Mentioned in this podcast: US election 2024 live results: US voters make th…
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Private equity’s experiment with worker ownership
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Private equity earned a reputation as a ruthless and lucrative business. But over the past few years, large groups have been doing something that seems like the opposite of their cutthroat image: giving equity worth hundreds of thousands of dollars to the ordinary workers at the companies they own. Antoine Gara, the FT’s US private & institutional …
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The dollar weakened on Monday as global markets reined in their bets on a victory for Donald Trump in the US presidential election, and the Financial Times’ James Politi explains what to look out for as results trickle in. Plus, Spain’s prime minister is facing political backlash over the country’s historic flooding and the Nigeria-based fintech Mo…
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Critics have been warning about the death of photography as an art form for years. Smartphones were going to lead to its demise by making everyone a photographer. Then came warnings about AI, which can create photographic images without a human actually being present at a given time and place. But, the FT’s US art critic Ariella Budick argues that …
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The $250bn in corporate taxes riding on US election
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Chinese authorities are demanding wealthy individuals and companies double-check their taxes for unpaid liabilities, and the largest US companies are facing two starkly different financial futures after the election. The UK Conservative party elects right-wing Kemi Badenoch as leader, and share prices of clean hydrogen companies have collapsed due …
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Swamp Notes: Why the polls aren’t budging
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In a campaign full of twists and turns, one thing has stayed surprisingly steady: the polls. On this final pre-election episode of Swamp Notes, the FT’s senior data journalist Oliver Roeder and deputy Washington bureau chief Lauren Fedor explain why the polls have barely budged this cycle, and how Donald Trump and Kamala Harris are motivating their…
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Apple reported solid revenue growth in the past quarter, and investors are worried about the additional borrowing set out in UK chancellor Rachel Reeves’ Budget. The US warned that North Korean troops are expected to enter combat alongside Russia’s army in the coming days, and Spain is set to become the world’s fastest-growing major advanced econom…
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Culture Chat: the bonkbuster world of ‘Rivals’
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Today we head to Rutshire, to take a crack at the frothy, riotous TV adaptation of Jilly Cooper’s 1980s romance novel, Rivals. The eight-episode series follows a cluster of posh English country-dwellers – including TV executive Lord Tony Baddingham (David Tennant) and local heartthrob Rupert Campbell-Black (Alex Hassell) — as they bonk and bust the…
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UK Labour’s Budget borrows big, taxes more
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Microsoft’s quarterly revenue rose 16% on strong cloud computing demand, the UK’s Labour party reveals bold tax increases and borrowing, and the US economy grew at an annualised rate of 2.8% in the third quarter. Plus, critics cry foul over a proof of citizenship law in Arizona. Mentioned in this podcast: Microsoft’s revenue beats estimates on stro…
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On November 5, voters in the US will head to the polls to decide who should be the next president: Donald Trump or Kamala Harris. But over the past several months, people from around the world have been placing millions of dollars on who will win that race. As interest in betting on US politics reaches a new high, the FT’s Oliver Roeder and Sam Lea…
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Alphabet’s profit jumped 34 per cent in the third quarter, and Israel’s parliament approved legislation on Monday that will ban a UN agency for Palestinian refugees from operating within Israeli territory. The US and Taiwan are preparing to negotiate a new tax agreement, and mobile chip designer Arm may try to rival Nvidia. Mentioned in this podcas…
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PwC’s business in Asia contracted sharply in the past year, Boeing announced a $19bn share sale to help avoid a credit rating downgrade, and Volkswagen plans a massive restructuring that includes shutting at least three German plants. Plus, fears of violence have left some US election boards struggling to hire poll workers. Mentioned in this podcas…
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Historian Simon Schama wants to make truth sexy again
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Historian Sir Simon Schama is one of the most influential public intellectuals of our time. So when he replied to our invitation to come on the show ahead of the US presidential election by saying he wanted to talk about “the unprecedented collapse of truth”, we immediately said yes. It’s been a disorienting presidential campaign. For many American…
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Iran has signalled that it will pursue a measured response to Israel’s latest strikes, and Georgia’s opposition has called for protests after the ruling Georgian Dream party claims victory. Plus, the possibility of Donald Trump’s trade war has hit the shares of export-sensitive European companies, and large investment funds are being forced to offl…
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Swamp Notes LIVE: A look back at the economy and the election
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With the election just over a week away, Swamp Notes visited the University of Michigan to recap the final FT-Michigan Ross poll. Swamp Notes host Sonja Hutson is joined by the FT’s US managing editor Peter Spiegel, and Erik Gordon and Francine Lafontaine of the University of Michigan’s Ross School of Business to examine the poll results and explai…
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Halloween Chat: ‘Beetlejuice’ and the lost art of soft horror
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Today we are pulling on our striped demon ghost suits for a special Halloween episode: a deep-dive on Tim Burton’s 1988 classic, Beetlejuice. It persists in our cultural memory, remade as an animated series, a theme park ride, a musical, and as of last month, a legacy sequel, Beetlejuice Beetlejuice. We talk about why it’s endured with such ferocit…
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Will Russia lead on an alternative to the dollar?
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Tesla shares leapt 22% after Elon Musk predicted an electric vehicle sales rebound, and Russia’s pitch for a US dollar alternative failed to excite Brics leaders. Plus, a major change to the open source technology model could be coming. Mentioned in this podcast: Tesla shares leap 22% after Elon Musk predicts sales rebound Vladimir Putin’s alternat…
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Boeing’s machinists voted on Wednesday to reject the company’s latest offer and the US has finalised long-awaited ‘open banking’ rules, hoping it will inject more competition into the market. Plus, Deutsche Bank reported a record third-quarter profit and artificial intelligence start-up Anthropic has built a virtual agent that can perform tasks on …
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Deloitte has cut about 250 UK employees and HSBC’s chief executive has announced an overhaul of the bank. The IMF has warned global protectionism will endanger the world’s growth outlook, as a possible Donald Trump victory in the US election raises the prospect of tariff increases. Plus, South Korea has called on Russia to stop the deployment of No…
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An activist tried to take on Pfizer. Then things got messy
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Activist investors tend to rely on an element of surprise to catch their target company off guard: quietly building up a stake and swooping in with a slide deck full of strategic changes at just the right moment. That’s not what happened at the beginning of a recent campaign led by the hedge fund Starboard Value against pharmaceutical giant Pfizer.…
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Three big economic ideas that explain the US election
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Share buybacks on mainland China’s biggest exchanges have soared to a record high this year, and Israel has attacked an Hizbollah-affiliated financial institution in Lebanon. Plus, Disney has appointed former Morgan Stanley boss James Gorman as its new chair, and a trip to America’s third-biggest shopping mall offers answers to what’s really going …
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Chef Victoria Blamey is giving the tasting menu new life
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In recent years, critics and jaded diners have deemed the multi-course tasting menu dead. It’s gotten repetitive, the argument goes, with chefs serving luxury courses like caviar at the expense of any point of view. But recently, our host Lilah Raptopoulos had a meal that felt extremely alive, at Victoria Blamey’s restaurant Blanca, in Brooklyn. Vi…
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