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FT News

News and analysis from Financial Times reporters around the world. FT News is produced by Fiona Symon.

Published: Tue, 23 Jan 2018 06:00:00 GMT

Last Build Date: Tue, 23 Jan 2018 06:03:43 GMT

Copyright: Financial Times

US government buys three weeks in return for pledge over fate of 'Dreamers'

Tue, 23 Jan 2018 06:00:00 GMT

Democrats agreed to fund the US government until February 8 after Mitch McConnell, the top Senate Republican, pledged to introduce legislation to protect the "Dreamers" - 800,000 people brought illegally to the US as children who face deportation. Demetri Sevastopulo, Washington bureau chief, explains what must happen next in order to avoid another shutdown. Clip courtesy of Reuters. 

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Multinationals face nationalist ire of China consumers

Mon, 22 Jan 2018 16:55:22 GMT

Chinese regulators have reprimanded a string of foreign corporations, including Qantas, Zara and Marriott, for labelling Tibet and Taiwan as independent countries. Jyotsna Singh discusses Beijing’s action and the ire it stirred among Chinese consumers towards the multinationals with the FT's Emily Feng and Edward White. Music by David Sappa

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Carillion collapse sparks political furore

Thu, 18 Jan 2018 06:00:00 GMT

The collapse of Carillion, the UK construction and services group, has sent shock waves through British industry and prompted an investigation into how investors and ministers failed to spot the warning signs. Matthew Vincent discusses the political and economic fallout with the FT’s Gill Plimmer, Gemma Tetlow and Jim Pickard

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Banks vie with tech for MBA graduates

Wed, 17 Jan 2018 06:00:00 GMT

Banks are rethinking their strategy in a bid to lure MBA graduates away from rival recruiters in technology companies, new research shows, Patrick Jenkins discusses the battle to attract the best candidates with the FT's Jonathan Moules and Stéphane Rambosson from the advisory and executive search firm Vici.

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Centeno takes up key euro policy role

Tue, 16 Jan 2018 06:00:00 GMT

Mario Centeno, Portugal's finance minister, steps into a major economic policy making role in the euro area this week, taking over from Jeroen Dijsselbloem as president of the Eurogroup at a time when the focus has shifted from crisis management to strengthening institutions. Mehreen Khan talks to the FT's Jim Brunsden about Mr Dijsselbloem's achievements and the tasks facing his successor.

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US falls out with Pakistan over failure to tackle Islamist militants

Mon, 15 Jan 2018 12:31:09 GMT

The Trump administration has suspended military aid to Pakistan, saying it is frustrated over Islamabad’s inability to tackle Islamist militants on the Afghan border. What will be the consequences of the move and what does it tell us about US strategy in the region? Jyotsna Singh puts the question to the FT's Farhan Bokhari and Kiran Stacey.

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JPMorgan, Wells Fargo kick off bank earnings in the US

Sat, 13 Jan 2018 00:30:00 GMT

Two of the big US banks predict a new corporate tax cut will mean higher investment, better pay and cheaper prices for their services. The FT's Ben McLannahan and Alistair Gray discuss what fourth-quarter results from JPMorgan and Wells Fargo suggest for the rest of the sector. 

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Winners and losers from Las Vegas tech fair

Thu, 11 Jan 2018 18:41:06 GMT

What went well, and what didn't at this year's Consumer Electronics Show in Las Vegas? Ravi Mattu discusses the big themes, and the successes and the disappointments of this year's tech jamboree, with the FT's Tim Bradshaw. Music by David Sappa

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Iranian unrest rattles Rouhani regime

Wed, 03 Jan 2018 17:06:05 GMT

Widespread unrest across Iran has exposed the faultlines between the country's reformist president and the hardline clerical establishment, says the FT's Najmeh Bozorgmehr in this report from Tehran.

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Are banks ready for Mifid II?

Tue, 02 Jan 2018 15:55:04 GMT

This week sees the introduction of Mifid II, a gigantic piece of EU legislation that aims to improve transparency across the financial services sector. Patrick Jenkins talks to the FT's Hannah Murphy about the implications of the new rules for banks and investors.

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Using blockchain to lift billions out of poverty

Wed, 27 Dec 2017 05:01:00 GMT

Two unlikely partners - controversial entrepreneur Patrick Byrne and economist Hernando de Soto - have joined forces to create a registry of informal property records using blockchain technology, making the records easier to trace and harder to forge. They join the FT's John Authers to discuss their new venture. 

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Living with dementia

Thu, 21 Dec 2017 13:16:50 GMT

Sarah Neville reports on a pioneering experiment at the West Yorkshire Playhouse in the UK, which has shown the benefits of integrating people with dementia into the community and listening to their voices to gain a better understanding of the disease.

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Top company news of 2017

Thu, 21 Dec 2017 12:17:37 GMT

From US tax reform, to media mergers and activist investors, what were the big corporate themes of 2017? Daniel Thomas discusses the best stories of the year with Brooke Masters, the FT's companies editor.

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Health and austerity

Wed, 20 Dec 2017 17:10:49 GMT

European governments made big cuts to public services in response to the recession that followed the financial crisis. What impact have these cutbacks had on public health? Darren Dodd discusses the findings of a recent study on the subject with Ben Franklin, one of its authors, and the FT's Sarah Neville. 

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Can Ramaphosa rescue South Africa's ANC?

Tue, 19 Dec 2017 18:16:26 GMT

South Africa’s ruling African National Congress has elected a new leader, Cyril Ramaphosa. The former union leader campaigned on a promise to root out corruption and rescue the party that defeated apartheid but is now so tarnished it risks losing its majority in 2019 elections. Andrew England discusses Mr Ramaphosa's prospects with the FT's Africa editor David Pilling.

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Theresa May 'weakened but welcome' in Brussels

Fri, 15 Dec 2017 10:48:58 GMT

British prime minister Theresa May went to Brussels for a European summit within hours of her first big legislative defeat at home when pro-European Conservatives backed a move insisting that the UK parliament have a full vote on any Brexit deal before it can be implemented. The FT's Jim Brunsden and George Parker report from Brussels on how she was received by other European leaders and what happens next in the Brexit negotiations.

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China tech giant seeks foreign collaborators

Fri, 15 Dec 2017 06:00:00 GMT

Tencent is on a buying spree, investing in Tesla, Snap and Spotify. Ravi Mattu discusses the motivation behind the recent deals with the FT's Louise Lucas in Hong Kong. Music by David Sappa

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Unibail buys Westfield in fight against online rivals

Thu, 14 Dec 2017 14:41:04 GMT

The shift to internet shopping has hit traditional malls hard and sparked a wave of consolidation in the retail property market. In the latest development, Unibail-Rodamco, Europe’s largest property company has acquired Australia's Westfield. Daniel Thomas discusses how the big mall operators are adapting to the online challenge with the FT's Aime Williams, Arash Massoudi and Miles Johnson.

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Why the global refugee crisis requires a coordinated response

Wed, 13 Dec 2017 13:59:14 GMT

David Miliband, head of the International Rescue Committee, discusses his book Rescue: Refugees and the Political Crisis of Our Time, with the FT's Pilita Clark. The crisis is a bellwether for the fate of the global system, he says, and tackling it requires the combined efforts of governments, agencies and businesses.


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Silicon Valley suffragette

Tue, 12 Dec 2017 04:00:00 GMT

Susan Fowler's blog post about sexual harassment at Uber set off a chain reaction that has changed company culture in Silicon Valley and beyond. Lionel Barber talks to the FT's Leslie Hook and Brooke Masters about the repercussions of her decision to go public with her allegations, and why the FT has chosen her as its Person of the Year.

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Apple's $47bn tax windfall

Thu, 07 Dec 2017 06:00:00 GMT

Apple will see as much as $47bn slashed from its expected tax liability if Republicans push through their current tax plan, making it the biggest beneficiary of the legislation now working its way through Congress. Ravi Mattu discusses Apple's potential windfall with the FT's Richard Waters and Tom Braithwaite.

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David Miliband warns on dangers of Brexit

Wed, 06 Dec 2017 17:20:31 GMT

Britain has set itself on a "desperate and dangerous path" as it negotiates its exit from the European Union, David Miliband, former UK foreign secretary, has warned. Mr Miliband spoke to the FT's Pilita Clark about the role played by immigration and globalisation in influencing the way people voted, and about the tactical stance adopted by Labour leader Jeremy Corbyn towards Brexit.

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Deutsche Bank to rebrand asset management arm

Tue, 05 Dec 2017 16:49:17 GMT

Deutsche Bank has unveiled details of the flotation of its valuable asset management arm next year. The German lender will rename the division DWS and create a structure that will allow it to retain its controlling influence. Patrick Jenkins discusses the merits of the plan with Laura Noonan, the FT's investment banking correspondent. Music by Kevin MacLeod

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Uber's bid to clean up image faces courtroom test

Thu, 30 Nov 2017 18:24:18 GMT

The latest salvo in a courtroom battle between Uber and autonomous driving rival Waymo has raised questions over Uber’s business tactics as its new chief tries to overhaul it and shepherd a multibillion-dollar share sale. Ravi Mattu talks to the FT's Chloe Cornish and Leslie Hook in San Francisco about events this week and what happens next.

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LSE's Rolet stands down after damaging power struggle

Wed, 29 Nov 2017 19:13:55 GMT

The abrupt departure of London Stock Exchange boss Xavier Rolet more than a year earlier than expected leaves a pressing need for a new chief to rebuild bridges with shareholders and heal rifts in the board. Patrick Jenkins discusses what led to Mr Rolet's departure and what happens next with the FT's Philip Stafford

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UK banks pass 'worst case Brexit' stress tests

Tue, 28 Nov 2017 15:28:32 GMT

UK banks are well placed to weather even a worst case Brexit scenario, but what if something else goes wrong? Patrick Jenkins, FT financial editor, discusses the Bank of England's stress tests and what they means for future dividends and profitability with Caroline Binham, financial regulation correspondent, Martin Arnold, banking editor, and Isabelle Jenkins head of banking at PWC. Music by Kevin MacLeod

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Islamist flare-up bolsters power of Pakistan army

Tue, 28 Nov 2017 11:44:07 GMT

A three-week siege of the Pakistani capital by Islamist protesters has humiliated the country's civilian government and left the army in its strongest position for years, the FT's Kiran Stacey tells Jyotsna Singh.

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UK economic outlook worsens

Thu, 23 Nov 2017 17:55:11 GMT

Britons are about to become poorer, according to the latest forecasts by the UK’s Office for Budget Responsibility. Siona Jenkins asks Chris Giles, FT economics editor, to explain why, and whether the policies announced by Philip Hammond, the chancellor, in his Budget are the right ones.

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India's Mughal history sparks Hindu nationalist ire

Thu, 23 Nov 2017 06:00:58 GMT

Disagreements over Indian history have delayed the release of one of Bollywood's most eagerly awaited releases and caused some to question whether the Taj Mahal should continue to be celebrated as an architectural masterpiece. Jyotsna Singh discusses Hindu nationalism's growing sway over the country's culture and politics with the FT's Kiran Stacey. Music credits: Official Trailer and 'Ghoomar' song from the film Padmavati by Bhansali Productions.

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China counts the cost of coal and steel layoffs

Wed, 22 Nov 2017 11:06:44 GMT

China is cutting millions of jobs in the coal and steel sectors in a long-delayed restructuring that aims to scale back unprofitable state-owned enterprises and upgrade the country's manufacturing sector. The FT's Emily Feng talks to Jyotsna Singh about the social and political cost of the lay-offs.

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London loses key EU agencies to Paris and Amsterdam

Tue, 21 Nov 2017 19:16:19 GMT

In the first tangible sign of the impact of Brexit, Paris and Amsterdam have been chosen as the new homes for two prized EU agencies. The FT's Jim Brunsden tells Rochelle Toplensky how the decisions were reached.

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GE loses its crown

Thu, 16 Nov 2017 06:00:00 GMT

After nearly 40 years at the top, General Electric has lost its position as the largest US manufacturer by market capitalisation, following a dramatic slide in its share price this week. Ursula Milton discusses the future of this American industrial titan with the FT's Ed Crooks.

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Zimbabwe army moves to end rule of ageing Mugabe

Wed, 15 Nov 2017 16:47:58 GMT

Zimbabwe’s army has seized power in a dramatic move that effectively ends the regime of  president Robert Mugabe after nearly 40 years in power. Orla Ryan discusses what happens next with the FT's David Pilling and Andrew England.

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Brussels forecasts UK growth will lag EU as Brexit talks resume

Thu, 09 Nov 2017 16:46:14 GMT

With the sixth round of Brexit negotiations starting, the European Commission has released economic forecasts that show Britain's growth being outstripped by an accelerating eurozone. Alex Barker and Jim Brunsden report from Brussels.

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Wall Street concerns over Brexit grow

Tue, 07 Nov 2017 18:37:30 GMT

Kathryn McGuinness, policy chair of the Corporation of London, tells Patrick Jenkins, the FT's financial editor, about her recent visit to Wall Street, where she found mounting concerns about Brexit and the regulatory uncertainty that shows no sign of being resolved. Music by Kevin MacLeod

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Saudi Crown Prince launches corruption crackdown

Mon, 06 Nov 2017 18:53:35 GMT

Saudi Arabia has shocked the world with a wave of arrests of princes, tycoons and former ministers as part of an anti-corruption drive initiated by the Crown Prince Mohammed bin Salman. Siona Jenkins discusses the lightning crackdown with Simeon Kerr, Anjli Raval and Arash Massoudi

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Saving the Ganges

Fri, 03 Nov 2017 06:00:00 GMT

The Ganges is one of the world’s most revered watercourses, a lifeline to millions of Indians, but it is also the most polluted river in the world. Jyotsna Singh talks to the FT’s Victor Mallet about efforts to clean up the river and about his latest book, 'River Of Life, River Of Death'.

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Can music damage your health?

Thu, 02 Nov 2017 17:37:27 GMT

The answer, according to a study commissioned by the charity Help Musicians UK, has found that the answer is yes, if you are a professional musician working in unsympathetic conditions. Dr George Musgrave, one of the study's authors, talks to Darren Dodd about the findings.

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South Africa's widening corruption scandal

Thu, 26 Oct 2017 18:01:19 GMT

Several multinationals have become embroiled in a scandal over allegations that South Africa's president Jacob Zuma has allowed a prominent business family to use its friendship with him to control state appointments and the award of big government contracts. Andrew England discusses the repercussions of the scandal with the FT's David Pilling and Joseph Cotterill

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Will Abe amend Japan's pacifist constitution?

Wed, 25 Oct 2017 05:00:00 GMT

Shinzo Abe has won a third term as Japan’s prime minister in an unexpectedly decisive victory. The supermajority won by his Liberal Democratic party gives him a platform from which to consolidate the economic policy named after him, Abenomics, but it also gives him a mandate to amend the country’s pacifist constitution. Sarah Witt discusses the implications of this with the FT's Robin Harding and Emiko Terazono.

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Ex-HSBC forex trader guilty of fraud

Tue, 24 Oct 2017 16:21:43 GMT

The US jury rejected Mark Johnson’s defence that ‘pre-hedging’ was standard industry practice, Caroline Binham, the FT's financial regulation correspondent tells Martin Arnold, banking editor. Music by Kevin MacLeod

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Pollution levels in Delhi prompt Diwali exodus

Wed, 18 Oct 2017 10:49:17 GMT

The annual ritual of setting off firecrackers, added to smoke caused by farmers burning stubble at harvest time, causes choking levels of smog in India's capital city during the Diwali festival. Those who can opt to escape the city, Amy Kazmin, the FT's South Asia bureau chief, tells Jyotsna Singh

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Activist hedge fund seeks Credit Suisse break-up

Wed, 18 Oct 2017 04:00:49 GMT

Credit Suisse has come under attack from an activist shareholder RBR that is trying to win support for a plan to break up the Swiss banking group. Patrick Jenkins discusses whether there is any merit in the plan with the FT's Laura Noonan and Attracta Mooney and with David Herro of Harris Associates and Davide Serra of Algebris. Music by Kevin MacLeod.

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Saudi Arabia reconsiders Aramco share sale

Mon, 16 Oct 2017 16:41:09 GMT

Saudi Arabia is reconsidering plans for an international listing of shares in its state oil company Saudi Aramco, in favour of a private share sale. John Murray Brown asks the FT’s oil and gas correspondent Anjli Raval, and Alan Livsey, a Lex writer, why the change of plan?.

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Why mental health at work matters

Thu, 12 Oct 2017 05:00:00 GMT

There is a clear business case for doing something about mental health in the workplace, because if employers don’t, they can have a real problem with absenteeism. But it's a problem companies do not always handle well. Emma Jacobs discusses what can be done to improve this, with Jaan Madan of Mental Health First Aid England and Nigel Jones, chair of the City of London Mental Health Alliance.

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Refugee deal paves way for German coalition

Wed, 11 Oct 2017 05:00:00 GMT

A concession by Angela Merkel on curbing the number of refugees allowed into Germany has paved the way for German coalition talks that could bring together her CDU-CSU bloc with the Greens and liberal Free Democrats. Carol Major discusses the deal and what kind of coalition is likely to emerge with Guy Chazan, the FT's Berlin correspondent.

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RBS moves to clear legacy issues from 2008 crisis

Tue, 10 Oct 2017 16:09:38 GMT

The UK's Royal Bank of Scotland was the biggest bailout of the financial crisis back in 2008 and 70 per cent of the bank remains in government hands. Patrick Jenkins talks to Ewen Stevenson, RBS finance director, about progress made to improve the bank's balance sheet and the prospects for a return to private ownership. Music by Kevin Macleod

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Richard Thaler wins Nobel Economics prize

Mon, 09 Oct 2017 16:23:23 GMT

Richard Thaler has been awarded the Nobel Prize for Economics for his work on incorporating insights from psychology into economic theory and policy making. Adam Samson discusses Professor Thaler’s contribution to economic thinking with the FT’s Gemma Tetlow

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Uber board truce paves way for SoftBank deal

Thu, 05 Oct 2017 05:00:00 GMT

Uber’s board has approved a sweeping governance overhaul that will tip the balance away from founding investors and open the way for an investment from SoftBank that could be worth $10bn. Chris Nuttall discusses the compromise, and what it means for new chief executive Dara Khosrowshahi, with Leslie Hook, FT correspondent in San Francisco.

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What are Catalonia's options now?

Tue, 03 Oct 2017 16:45:05 GMT

Carles Puigdemont, Catalan president, steered his Spanish secessionist movement to a significant victory in Sunday's referendum, but now faces difficult choices, as Michael Stothard, FT correspondent in Madrid, tells James Wilson.

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How to win the battle against Malaria

Mon, 02 Oct 2017 05:00:00 GMT

Death rates have fallen dramatically but scientists now need to focus on the diseases's heartlands to win the fight against malaria, Janet Hemingway, outgoing director of the Liverpool School for Tropical Medicine tells Andrew Jack and Clive Cookson.

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China business schools on the rise

Wed, 27 Sep 2017 23:00:00 GMT

Devon Nixon, great nephew of Richard Nixon, the former president, studied for an MBA at the China Europe International Business School in Shanghai. He reflects on his time there and on the rise of China's entrepreneurial economy in conversation with the FT's Jonathan Moules. Music by David Sappa Read more in the FT's special report on Educating the next Chinese business leaders at

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Kurds seize initiative in independence vote

Wed, 27 Sep 2017 10:59:53 GMT

Iraqi Kurds voted in favour of independence this week in a non-binding referendum that angered Baghdad and provoked a furious reaction from neighbouring Turkey. Daniel Dombey discusses what the Kurds hoped to gain and why President Recep Tayyip Erdogan accused them of treachery with the FT's Erika Solomon in Irbil and Mehul Srivastava in Istanbul.

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Japan's digital cash initiative

Wed, 27 Sep 2017 09:29:45 GMT

Japan's banks are getting together to launch a digital currency, the J Coin to try to wean customers away from cash and at the same time keep track of consumer data. Yasuhiro Sato, president and chief executive officer of Mizuho Financial Group, told Martin Arnold, the FT's banking editor, about the initiative. Music by Kevin MacLeod

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Merger seeks to reinforce Europe's steel sector

Thu, 21 Sep 2017 12:24:00 GMT

Germany’s ThyssenKrupp and India’s Tata Steel are to merge their European operations in a bid to create savings and reduce capacity in the continent’s oversupplied steel market. Matthew Vincent discusses the deal with Patrick McGee, Frankfurt correspondent, and Jonathan Eley, deputy head of the Lex column.

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What's behind India's economic slowdown?

Wed, 20 Sep 2017 16:28:35 GMT

Two years ago India was being hailed as the bright spot in a gloomy global economy. But its much touted economic boom is now faltering. The FT’s South Asia bureau chief Amy Kazmin, asked India’s former central bank governor, Raghuram Rajan, for his view on what’s causing the slowdown.

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Is bitcoin a fraud?

Tue, 19 Sep 2017 17:58:51 GMT

The value of bitcoin fell sharply last week after Jamie Dimon, head of JPMorgan Chase, suggested the digital currency craze would suffer the same fate as the tulip mania of the 17th century. Patrick Jenkins discusses whether he is right with the FT's Laura Noonan and Izabella Kaminska. Music by Kevin MacLeod

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A business supplier's perspective on Brexit

Mon, 18 Sep 2017 16:44:59 GMT

Brenntag, a Germany-based multinational, supplies chemicals to companies all over the world. Andy Bounds asked its British chief executive Steve Holland how he expected Brexit to affect the business.

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Ivanka's role in the White House

Thu, 14 Sep 2017 18:00:00 GMT

Ivanka Trump is one of the most powerful first children in White House history. With an official role in the West Wing, many suspect her of having an outsized influence on her father's decision making. But what does her job as first daughter and assistant to the president look like in practice? The FT's Courtney Weaver tells Andrew Edgecliffe-Johnson. Read the full story at

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Journalist's murder ignites debate in India

Mon, 11 Sep 2017 07:55:07 GMT

The killing of outspoken journalist Gauri Lankesh has stunned the media industry in India. Jyotsna Singh asks Amy Kazmin, the FT's South Asia bureau chief, why the murder has sparked concerns of deterioration in the country's civil discourse.

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Stanley Fischer resigns as Fed vice-chairman

Wed, 06 Sep 2017 22:31:31 GMT

Stanley Fischer submitted his resignation from the Federal Reserve on Wednesday, months before his term as vice-chairman was due to end. The FT's John Authers and Sam Fleming discuss how the departure of the monetary policy hawk gives President Donald Trump the opportunity to recast the direction of the US central bank.

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Rape case puts focus on role of gurus in India

Wed, 30 Aug 2017 05:00:00 GMT

A popular Indian guru has been sentenced to 20 years for raping two of his followers. The verdict prompted a wave of protests and was embarrassing for Narendra Modi, the prime minister, who had previously expressed praise for Ram Rahim Singh. Jyotsna Singh discusses the case and why it aroused such heated emotions with Amy Kazmin, the FT's South Asia bureau chief.

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Wall Street bankers sell shares as Trump rally reverses

Tue, 29 Aug 2017 15:37:39 GMT

Wall Street analysts have been urging investors to buy stocks in the big US banks this year, but it seems that top Wall Street executives are doing the opposite. Patrick Jenkins asks the FT's Ben McLannahan and Laura Noonan why top Wall Street executives have been selling their own banks' shares. Music by Kevin MacLeod

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WPP slump unnerves investors

Wed, 23 Aug 2017 17:43:19 GMT

Shares in WPP fell sharply after the world’s largest advertising group issued its second sales warning this year. What does WPP's decline tell us about the state of the industry and the wider global economy? John Murray Brown puts the question to Alan Livsey and Aliya Ram.

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India and China in Bhutan standoff

Wed, 23 Aug 2017 05:00:00 GMT

The two Asian giants have been engaged in a diplomatic standoff since China started building a road on disputed territory in the Himalayan kingdom of Bhutan two months ago. The FT's Amy Kazmin and Emily Feng tell Jyotsna Singh how the dispute flared up and what happens next.

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FBI warns banks on use of encrypted messaging

Tue, 22 Aug 2017 16:26:32 GMT

The Federal Bureau of Investigation is worried that bank traders are turning to encrypted apps to hide illicit communications from internal compliance programmes and regulators. Patrick Jenkins discusses the problem and some potential solutions with Oliver Blower, chief executive of VoxSmart, and Caroline Binham, FT financial regulation correspondent. Music by Kevin MacLeod.

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France restyles itself as a startup nation

Sun, 20 Aug 2017 15:14:57 GMT

The coming of age of the French startup scene has coincided with the rise of one of its biggest proponents: Emmanuel Macron, who was elected president in May. Zosia Wasik and Harriet Agnew report from Station F, a giant startup campus in Paris that is luring companies and investors from around the world.

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Business leaders give up on Trump

Thu, 17 Aug 2017 16:49:58 GMT

US business leaders have fallen out with Donald Trump, abandoning two high profile industry panels because of his ambivalent response to the far-right marches in Virginia last weekend. Ben Hall discusses what prompted them finally to give up on the president, with the FT's Brooke Masters and Sujeet Indap

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Kenyatta's uneasy victory in Kenya

Wed, 16 Aug 2017 05:00:00 GMT

President Uhuru Kenyatta has been declared the winner of last week’s elections in Kenya. But supporters of Raila Odinga, the veteran opposition leader, do not trust the result. Andrew England discusses what happens next with John Aglionby, the FT's Nairobi correspondent.

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Gulf boycott of Qatar spreads to banks

Tue, 15 Aug 2017 16:13:14 GMT

Companies with business ties to Arab Gulf states have found themselves in an uncomfortable position as a result of a trade boycott of Qatar by four regional Arab states, including Saudi Arabia and the UAE. Now it appears that global banks are feeling the impact. Caroline Binham asks the FT's Gulf correspondent Simeon Kerr what's going on. Music by Kevin MacLeod.

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Google stumbles into US culture wars

Wed, 09 Aug 2017 18:02:19 GMT

Google has been caught up in a media storm after one of its engineers sent out a memo criticising aspects of the company’s equal opportunities policies. Chris Nuttall discusses the case and its wider implications with Aliya Ram and Richard Waters.

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Credit crisis fines hit $150 billion

Tue, 08 Aug 2017 17:58:55 GMT

Financial institutions have paid more than $150bn in fines in the US relating to the credit crisis a decade ago. Ben McLannahan discusses the rising settlements bill and where the money has gone with Kara Scannell, the FT's senior US financial correspondent. Music by Kevin MacLeod

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What's behind the Arab Gulf blockade of Qatar?

Fri, 04 Aug 2017 05:00:00 GMT

The tiny, but enormously wealthy, Arab gulf state of Qatar has been blockaded by its neighbours for three months over accusations that it backs terrorism. It denies the charges and this week took its complaint to the World Trade Organisation. Jonathan Wheatley discusses what's behind the dispute and the likely repercussions for the region with the FT's Simeon Kerr.

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Tales from a devastated Syrian city

Thu, 03 Aug 2017 07:17:42 GMT

Homs, a city in the centre of Syria, was the first epicentre of armed rebellion against President Bashar al-Assad. It endured a three year siege before falling back into government hands this year. The FT's Erika Solomon talked to two of its Christian residents, one who fled the city and one who stayed. Music credits: Khebez Dawle; Samih Choikeir and Lena Chemamyan

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Brexit pushes up costs for Europe's banks

Tue, 01 Aug 2017 17:47:32 GMT

Brexit will push up costs for Europe's banks by as much as 4 per cent and their capital requirements will rise by up to 30 per cent, according to the most detailed assessment yet of what Britain’s departure from the EU means for the sector. Martin Arnold discusses the findings with Matthew Austen of consultants Oliver Wyman, who compiled the report, and the FT's Emma Dunkley. Music by Kevin MacLeod

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Is Europe's car industry in trouble?

Thu, 27 Jul 2017 17:09:04 GMT

The German car industry is facing another potential scandal after the EU said it was launching a probe into possible collusion to bypass environmental standards. David Oakley discusses the probe and its impact with Patrick McGee and Peter Campbell.

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Workplace perk for women stirs controversy in India

Wed, 26 Jul 2017 05:00:00 GMT

A Mumbai media company has offered an optional day off each month for its female workforce and has urged others to follow suit. Amy Kazmin and Jyotsna Singh discuss whether the move to offer 'period leave' will benefit women or reinforce ugly gender stereotypes.

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Transatlantic gap in bankers' pay revealed

Tue, 25 Jul 2017 16:25:05 GMT

US bank chief executives are paid twice as much as their European competitors, new research has revealed. The FT's Laura Noonan discusses the findings with John Roe, head of ISS analytics. Music by Kevin MacLeod

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Alzheimers research puts focus on prevention

Thu, 20 Jul 2017 11:38:11 GMT

New research has identified nine primary causes of dementia and Alzheimers in later age, giving us a much better idea about how to prevent the disease, the FT's Clive Cookson tells Andrew Jack

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Winnie the Pooh falls foul of Chinese censors

Wed, 19 Jul 2017 12:36:15 GMT

Winnie the Pooh briefly became a taboo character on Chinese social media this week. Josh Noble discusses what was behind this latest example of internet censorship in China with the FT's Yuan Yang in Beijing.

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JPMorgan chief attacks Washington gridlock

Tue, 18 Jul 2017 16:45:23 GMT

Jamie Dimon, JPMorgan's chief executive, has been outspoken about the current Washington grldlock, saying it was "almost an embarrassment" being an American citizen. Patrick Jenkins discusses the remarks with Martin Arnold, FT banking editor. Music by Kevin MacLeod

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Giant iceberg breaks free in Antarctic

Fri, 14 Jul 2017 17:11:33 GMT

A vast iceberg nearly the size of the US state of Delaware has broken away from Antarctica in a move likely to alter the frozen landscape forever. Clive Cookson discusses the implications with the FT's Pilita Clark

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Why did Morgan Stanley miscalculate on Snap?

Thu, 13 Jul 2017 10:21:09 GMT

Morgan Stanley, the investment bank that led Snap’s $3.4bn public offering has downgraded the stock less than five months after listing it on the New York Stock Exchange. Daniel Thomas asks the FT's Hannah Kuchler what's behind the downgrade and what it means for the tech IPO market. Music by David Sappa

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Loss of Mosul deals blow to Isis in Iraq

Tue, 11 Jul 2017 05:00:00 GMT

Iraq has Isis on the run in Mosul after eight months of brutal street-to-street battles. Siona Jenkins asks the FT's Erika Solomon whether this spells the end for the Islamist group's hopes of creating an Islamist state in the region. Music by David Sappa

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EU and Japan seal free trade agreement

Thu, 06 Jul 2017 16:02:01 GMT

EU-Japan free trade pact signals a direct challenge to Donald Trump's policy of protectionism. The FT's Robin Harding and Daniel Dombey give their assessment of the significance of the deal to James Wilson.

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Brexit and skilled European workers: will they stay or leave?

Wed, 05 Jul 2017 15:03:12 GMT

Recent surveys and economic data suggest that the UK is becoming a less attractive place for the many European professionals who work there. But while many say they plan to leave, will they really go? The FT's Naomi Rovnick and Federica Cocco discuss the findings.

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Payout bonanza awaits US banking investors

Tue, 04 Jul 2017 18:38:18 GMT

Chris Kotowski of Oppenheimer tells the FT about the results of US stress tests and the $100bn windfall in dividends and share buybacks that investors can now expect.

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MBAs lean towards start-up expertise

Mon, 03 Jul 2017 16:05:54 GMT

Listen to Jonathan Moules and Laurent Ortmans analyse the FT’s new ranking of business schools that shows a growing preference for entrepreneurship among students.

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German lawmakers back gay marriage

Fri, 30 Jun 2017 16:03:34 GMT

Despite clearing a way for the move, Chancellor Angela Merkel actually voted against same-sex marriage, which reflects a lack of popular support for gay rights in Germany, Hugo Greenhalgh tells Siona Jenkins

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Cyber attack hits global businesses

Wed, 28 Jun 2017 16:00:34 GMT

The latest hacking appears smaller in scale than WannaCry but has companies asking themselves whether they did enough to upgrade their security after the first breach, the FT's Sam Jones and Aliya Ram tell Siona Jenkins.

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Google fined record €2.4bn over abuse of search dominance

Tue, 27 Jun 2017 16:34:29 GMT

The EU has acted tough on the tech group for breaching competition rules but the decision is not an indication of a European crusade against US technology companies, the FT's Rochelle Toplensky tells Jyotsna Singh

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India risks chaos with tax reform

Mon, 26 Jun 2017 16:37:00 GMT

India’s most ambitious tax reform since its independence from Britain - the new goods and services tax that takes effect on July 1 - may cause havoc in the short term, the FT’s Kiran Stacey tells Victor Mallet.

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A year after Brexit, voters' fears and hopes remain

Fri, 23 Jun 2017 12:09:06 GMT

Following a highly divisive campaign, the people of Britain cast a historic vote to leave the EU in June last year. The FT's Zosia Wasik has been gauging the mood on Brexit a year on.

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Succession shake-up in Saudi Arabia

Thu, 22 Jun 2017 16:46:25 GMT

The elevation of Mohammed bin Salman to crown prince of Saudi Arabia has come during the worst crisis facing the Gulf region in decades. Siona Jenkins spoke to the FT’s deputy editor Roula Khalaf and energy correspondent Anjli Raval to understand how the heir apparent is likely to influence domestic and regional policies.

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Uber's chief executive resigns

Wed, 21 Jun 2017 16:30:53 GMT

The maverick chief executive of the ride-hailing app Uber has stepped down. The FT's Andrew Hill tells Ravi Mattu about management lessons from the episode for start-ups as well as big companies.

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Catastrophic forest fires in Portugal raise wider concerns

Mon, 19 Jun 2017 16:50:29 GMT

Portugal's devastating forest fire is forcing the authorities to question whether land use or the wider issue of climate change may have contributed to the disaster. Peter Wise, the FT's Lisbon correspondent, explains the human and economic cost of the catastrophe, and says it could prompt a change in the way the country's forests are managed.

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Anbang chairman's detention raises business concerns

Fri, 16 Jun 2017 17:34:34 GMT

The dramatic rise of Anbang's owner Wu Xiaohui, arrested by China's anti-graft authorities this week, had baffled industry experts. James Kynge talks to the FT's Lucy Hornby in Beijing about Mr Wu's detention and its implications for business

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Irish PM Leo Varadkar unveils new cabinet

Thu, 15 Jun 2017 19:22:16 GMT

Ireland has a new prime minister who this week named his cabinet. Vincent Boland, the FT's Dublin correspondent, discusses with John Murray Brown the significance of the appointment of Leo Varadkar, an openly gay politician who is the son of an Indian immigrant father and at 38 the youngest ever Irish leader.

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GE management shake-up

Tue, 13 Jun 2017 18:18:36 GMT

The US giant replaces its veteran chief executive, Jeff Immelt , with insider John Flannery as it faces declining share prices. The FT's Andrew Parker dissects the development with Ed Crooks and Andrew Hill

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Oldest human remains found in Morocco

Mon, 12 Jun 2017 09:23:59 GMT

A revolutionary discovery of fossils in Morocco suggests humans that lived 300,000 years ago may have looked like us, though they may not have thought like us, the FT's Clive Cookson tells Andrew Jack

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