logo
episode-header-image
May 2021
9m 7s

Colonial pipeline hackers didn’t mean to...

Financial Times
About this episode

The hacker group blamed for the ransomware attack on the Colonial pipeline insisted it only wanted to make money and did not want to cause problems for society, tech stocks tumbled on Monday as investors braced for further signs of inflation, and Vice Media is joining the streaming gold rush. Plus, the FT’s management editor, Andrew Hill, explains why businesses in the UK’s services sector trying to operate in Europe are encountering post-Brexit challenges. 


This episode features the song “Black Fur” by Elder Island. The song is licensed to Metropolis Recordings.  


We regret ‘creating problems’, say hackers behind the cyber attack on a key fuel pipeline 

https://www.ft.com/content/0afb53f0-f382-442a-9a32-02824ce8bb70


US tech stocks drop ahead of inflation data

https://www.ft.com/content/9707595b-d708-4be3-917d-9ae1de04c707?


Vice Media joins streaming gold rush in new bid for profitability

https://www.ft.com/content/942bf107-3824-4611-b0f7-b4816d4ee2a5


UK’s services sector starts to count the real cost of Brexit

https://www.ft.com/content/d0c10195-0e2e-4913-af74-3b7057163e3f?


Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
Google closes in on Nvidia in the AI race
<p>Google’s parent company got close to a record $4tn market capitalisation, and more than $1tn has been wiped from the cryptocurrency market in the past six weeks. Plus, US consumers aren’t feeling too merry ahead of the holidays, and the UK prepares for its long-awaited Budget ... Show More
10m 50s
Yesterday
How Ireland became the weak spot in Europe’s defences
<p>Traders are piling into bets that Wednesday’s UK Budget will push the pound lower against the dollar, and the pharmaceutical industry saw some promising — and not so promising — clinical trial results. Plus, US tech stocks leapt on Monday and Ireland’s military neutrality has ... Show More
10m 26s
Nov 24
The scramble for a Ukraine peace deal
<p>US pressure on Ukraine and its allies to agree a peace deal with Russia ignites fresh concern in Europe, and the US has officially designated Venezuela’s “Cartel of the Suns” a terror group. Plus, Europe looks to increase investment rules to stand up to China, and a look at wh ... Show More
12m 27s
Recommended Episodes
Apr 2022
Just fine: Boris Johnson and “partygate”
<p>Police have served Britain’s prime minister, among others, with a fine for breaching the lockdown rules he instituted. He may yet again emerge unscathed, but Britain’s politics is <a href="https://www.economist.com/leaders/boris-johnson-broke-his-own-lockdown-rules/21808734?ut ... Show More
23m 38s
May 2024
The issue the political parties won't talk about
<p>After several delays, Brexit checks finally came into force this week - adding cost and delay to how small businesses can get their goods into the UK. It'll see prices pushed up on the consumer's end too.</p><p>But, you won't hear either main party discussing this in great det ... Show More
40m 29s
Sep 2023
MM125: Is the UK housing market about to crash?
<p>In our latest podcast episode, I talk to AmplifyME co-founder Piers Curran on three major topics:</p><br><p>1 - UK house prices have fallen at the fastest rate since 2009. How bad will it get and why Denmark might have the solution to Britain's broken housing market</p><br><p> ... Show More
44m 56s
Mar 2023
End run: Silicon Valley Bank
<p>An old-fashioned bank run has caused American regulators to intervene <a href="https://www.economist.com/finance-and-economics/2023/03/13/americas-government-steps-in-to-protect-depositors-at-silicon-valley-bank?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintel ... Show More
22m 14s
Aug 2023
MM124: Is Nvidia overvalued and why the expansion of the BRICS matters to the West and the rest!
<p>Nvidia reported an incredible 88% jump in revenue this week driven by the ongoing demand for AI chips. However, their shares finished the session flat. What is a fair valuation for the tech stock and can its shares continue to rise?</p><br><p>The BRICS (Brazil, Russia, India, ... Show More
44m 32s
Nov 2014
UK admits defeat on bonus cap, insider trading probe at BNP Paribas and a torrid week for RBS
Patrick Jenkins is joined by Sam Fleming, Emma Dunkley and Michael Stothard to discuss the UK decision to drop its challenge to the EU bonus cap, the latest developments at BNP Paribas, where top executives are being investigated for alleged insider trading, and a torrid week for ... Show More
10m 17s
Mar 2020
The Coronacession – plus Dark Money brought to light
Crisis? What, MORE crisis? How well is plucky Brexit Britain set up to cope up with the Coronacession? (Spoiler: badly). Investigative academic Seth Alexander Thévoz shows the breathtaking power of untraceable dark money in UK elections – and how it helped the Tories knock down t ... Show More
54m 12s
Dec 2020
Time running out for Brexit trade deal
<p>With negotiations on a Brexit trade deal between the UK and EU stalled again, and UK Prime Minister Boris Johnson warning of a no-deal outcome, can the process be salvaged? Plus, with the Brexit arrangements for Northern Ireland resolved this week in a new protocol, has the th ... Show More
27m 42s
Dec 2020
So long, and we’re keeping all the fish: Brexit
<p>Britain’s divorce from the European Union still hinges on sticky matters of fishing rights and the enforcement of fair competition, and time is rapidly <a href="https://www.economist.com/leaders/2020/12/12/a-thin-last-minute-brexit-trade-deal-is-better-than-no-deal-at-all?utm_ ... Show More
18m 49s