President Donald Trump said Lebanon and Israel had agreed to a 10-day ceasefire, the US Treasury’s status as the world’s lowest-cost dollar borrower is facing a fresh challenge, and Netflix’s chair and founder is stepping down. Plus, Iran secretly acquired a Chinese spy satellite that has helped it target US military bases across the Middle East during the war, and shares in the world’s biggest chocolate maker aren’t looking so sweet.

Mentioned in this podcast:

Israel and Lebanon agree 10-day ceasefire, Trump says

US’s status as lowest-cost dollar borrower challenged as investors shun Trump risk

Netflix founder Reed Hastings to step down from board

Iran used Chinese spy satellite to target US bases

Shares at world’s biggest chocolate maker Barry Callebaut plunge as cocoa prices collapse

Credit: BBC

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed, Victoria Craig, and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, David da Silva, and Michela Tindera. Our executive producer is Topher Forhecz. Cheryl Brumley 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.

Gulf monarchies raised almost $10bn in private sales of bonds this month, oil shortages are coming if the Strait of Hormuz stays closed, and US President Donald Trump has renewed his threat to fire Federal Reserve chair Jay Powell. Plus, a second China shock is hitting the global economy, and Allbirds is pivoting from wool sneakers to AI.

Mentioned in this podcast:

Gulf states turn to private deals in $10bn wartime borrowing spree

Oil shortages are coming, and with them some difficult questions

Trump threatens to fire Jay Powell and refuses to halt criminal probe

China shock 2.0: the flood of high-tech goods that will change the world

Allbirds is turning into an AI compute provider, because of course it is

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Victoria Craig, and produced by Saffeya Ahmed, Fiona Simon and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. Our executive producer is Topher Forhecz. Cheryl Brumley 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.

Ships are altering course as the US Navy’s blockade of the Strait of Hormuz continues into its third day, and PwC plans to overhaul its global consulting business. Plus, insurers are turning to catastrophe bonds to cover data centres, and AI chatbots aren’t a substitute for doctors when it comes to medical diagnoses.

Mentioned in this podcast:

Strait of Hormuz tankers stop or turn around amid US blockade

Iran war could slow global growth to weakest since pandemic, IMF warns

US pushing Iran to agree 20-year moratorium on nuclear activity

PwC plans overhaul of global consulting business

Insurers turn to catastrophe bonds to offload data centre risks

AI chatbots misdiagnose in over 80% of early medical cases, study finds

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed and Victoria Craig. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann and Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley 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.