FT News Briefing

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 PalantirPutin has told military leaders to abandon rules of war, Zelenskyy saysEurozone borrowing costs surge in global bond routUS sanctions Kremlin-backed fintech A7 for allegedly assisting IranScandal and succession in the House of BolsonaroWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcastsThe 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

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 IsraelBig Tech out-lobbies European companies in BrusselsAuditor 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 podcasts@ft.comNote: The FT does not use generative AI to voice its podcastsThe 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

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 exportUS 30-year Treasury yield hits highest since 2002Vanguard warns France is ‘long-term degrading credit’ as yields riseDonald Trump says US tech bosses agreed to ‘self-regulation’ of AI risksAnthropic warns of ‘existential risks to humanity’ in IPO prospectusOpenAI axes next model citing safety issuesCredit: CNBCWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcastsThe 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

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 issuesBlair-era money is ‘not there now’, Healey warns LabourNvidia turns to insurers to spread the risk of AI buildoutNvidia launches record $150bn share buybackOil price and US Treasury yields in tightest relationship since 1990Oil raises the stakes in Argentina’s push against the Falklands Lady Gaga tells Japanese people to work for FamilyMartCredit: Oricon, Labour partyWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcastsThe 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

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 visionEU countries consider Nato-style joint responses to Russian hybrid attacksForeign investors bet Panama can shrug off social unrest and Trump threatsWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcastsThe 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

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 visitUS mortgage rates breach 7% as affordability pressures mount EU urges UK to raise tariffs on Chinese cars to avoid ‘made in Europe’ barriersSubway rival bets hot sandwiches will sell in UK’s ‘cold and rain’Credit: United Nations, White HouseWant to get in touch? Email us at podcasts@ft.comNote: The FT does not use generative AI to voice its podcastsThe 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