logo
episode-header-image
May 2023
9m 43s

US sues to block drug merger

Financial Times
About this episode

The Federal Trade Commission sued to block the biotechnology company Amgen’s $28.3bn deal to acquire Horizon Therapeutics, Italy is struggling to spend €200bn in EU Covid recovery funds, and Ukraine said it repelled an unprecedented barrage of Russian missiles over Kyiv. 


Mentioned in this podcast:

FTC warns of ‘rampant’ pharma consolidation as it targets $28bn Amgen deal

Italy overhauls plans for €200bn in EU Covid recovery funds

Ukraine says it repelled ‘exceptional’ barrage of Russian missiles


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 


Read a transcript of this episode on FT.com


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

Up next
Jul 31
JPMorgan walks into another football firestorm
Amazon reported accelerated cloud growth in the quarter to the end of June, and JPMorgan has walked into another football firestorm as it works on a plan with Fifa. Plus, Citadel bought Situational Awareness equity holdings after the hedge fund suffered steep AI losses, and DR Co ... Show More
13m 12s
Jul 30
Fed holds rates as inflation fears grow
Meta and Microsoft reported quarterly earnings as investors raised concerns about AI spending, and the US Federal Reserve held interest rates steady. The Bank of Japan is also expected to leave rates unchanged at its meeting on Friday, and UK oil and gas companies are looking awa ... Show More
12m 40s
Jul 29
The Big Tech earnings dilemma
Ukraine is shifting its long-range drone campaign to focus on critical Russian infrastructure, and Big Tech companies are facing an AI dilemma as they report quarterly earnings. Plus, Google DeepMind is leaving behind its Nobel-winning AlphaFold project for new ventures, and PwC ... Show More
12m 22s
Recommended Episodes
Apr 2023
Disney Sues DeSantis, Meta's Good Quarter, and the Case Against TikTok with Senator Michael Bennet
The UK moves to block the Microsoft-Activision deal, Peter Thiel announces a change to his political giving, and First Republic Bank shows we're not out the woods yet. Also, Disney escalates its fight with Florida, and Big Tech has a good quarter. Plus, Senator Michael Bennet (D- ... Show More
58m 50s
Dec 2023
Wall Street CEOs Anger, Sunak Loses Minister & Egypt's Growing Leverage
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ... Show More
17m 10s
Sep 2025
RFK Jr. Grilled, Europeans Pledge Troops to Ukraine, DC Sues Trump Admin
Health and Human Services Secretary Robert F. Kennedy Jr. has defended his actions on vaccines in a contentious Senate hearing. European leaders have finalized a commitment to provide post-war security guarantees for Ukraine, including troops. And, the Attorney General for the Di ... Show More
13m 33s