Tesla’s profits rebounded from last year’s lows, Brent crude jumped back above $100 a barrel on Wednesday after Iran’s navy said it seized two commercial ships in the Strait of Hormuz, and China’s new trade rules have concerned businesses operating in the country. Plus, the FT’s John Burn-Murdoch unpacks a survey that finds the highest-earning workers are adopting AI in their jobs far faster than others and Switzerland hit UBS with a proposed $20bn capital increase.
Mentioned in this podcast:
Tesla shares rally as profits rebound from last year’s lows
Trump’s ‘dirty ceasefire’ tested as Iran hits shipping
US allies in Gulf and Asia have requested swap lines, Scott Bessent says
China links tough new trade rules to Iran war and Panama port dispute
High earners race ahead on AI as workplace divide widens
Switzerland hits UBS with proposed $20bn capital increase
Credit: Reuters
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Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from 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.