logo
episode-header-image
May 2024
11m 52s

PwC’s Evergrande audit comes back to bit...

Financial Times
About this episode

UK deputy prime minister Oliver Dowden went on a secret trip to the UAE, PwC is bracing for penalties over its audit of collapsed Chinese property developer Evergrande, and traders are anticipating huge swings in Nvidia shares after the company reports earnings on Wednesday. 


Mentioned in this podcast:

UK launches charm offensive with UAE after relations sour

PwC partners brace for Chinese punishment over Evergrande audit

Traders brace for big swings in Nvidia shares

EU trade deficit with China shrinks to lowest level since 2021

Follow Untold: Power for Sale on Apple Podcasts or Spotify


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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
Today
The risk of firing a central bank governor
Investors are worried that Donald Trump’s attempted firing of a Federal Reserve governor could undermine faith in the world’s most important central bank, and FT sources say the US has said it is prepared to provide intelligence assets to any western security plan for postwar Ukr ... Show More
10m 1s
Yesterday
Germany’s pension crisis
US President Donald Trump said he was firing Federal Reserve governor Lisa Cook, shares in Ørsted plunged after the Trump administration halted one of the Danish wind farm developer’s almost-completed projects, and Elon Musk’s xAI has sued Apple and OpenAI alleging they broke ant ... Show More
10m 40s
Aug 25
Jerome Powell triggers market bets on a September rate cut
Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street’s Spac market. Mentioned in th ... Show More
11m 49s
Recommended Episodes
Aug 2023
Could a reshuffle revitalise Sunak’s government?
It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s US p ... Show More
35m 52s
May 2022
It’s definitely not a windfall tax!
We start with that huge bailout package for struggling families announced by the chancellor and the controversial taxes he raised to fund it - a £5bn windfall tax on energy companies with more to come.The FT’s economics correspondent Delphine Strauss and special guest Torsten Bel ... Show More
27m 52s
Sep 2022
Bloomberg Wall Street Week: September 23, 2022
On this edition of Wall Street Week, Kristina Hooper, Invesco Chief Global Market Strategist and Tracy Alloway, co-host of the Odd Lots podcast, wrap up a volatile week in the markets. Steve Rattner, Willett Advisors Chairman & CEO dives into why he's being cautious with equities ... Show More
32m 28s
Apr 2023
Federal Reserve Accepts Blame in Silicon Valley Bank Collapse
P.M. Edition for April 28. U.S. financial regulators released their reports on the failure of Silicon Valley Bank and Signature Bank. Financial regulation reporter Andrew Ackerman has the major takeaways. Plus, in China, raids on businesses and a tougher espionage law are giving ... Show More
16m 45s
Jun 2024
US Retail Sales Barely Increase in Sign of Consumer Strain
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith and Bloomberg News Rates Reporter Michael Mackenzie break down news that US retail sales barely rose in May and prior months were revised lower, pointing to greater f ... Show More
53m 29s
May 2022
US-China Tech Race: The great decoupling
In the final episode of this season of Tech Tonic, we ask if the growing tensions between the US and China could split the world into two competing technological spheres. It has been dubbed 'the great decoupling'. Some in the US want to see Chinese companies cut off from American ... Show More
26m 3s
Feb 2023
Northern Ireland: Rishi Sunak’s big test
A deal to resolve the bitter dispute over post-Brexit trade in Northern Ireland was due this week but the UK prime minister appears to have a fight on his hands to stop it unravelling as he faces opposition from Tory Eurosceptics and the Democratic Unionist party. Is Sunak facing ... Show More
23m 18s
Aug 2022
Pete Buttigieg, Golfers Striking Back, & Fake News Propaganda 8/4/22
Gas prices may have peaked for now, but the road to lower inflation is long. Transportation Secretary Pete Buttigieg discusses the U.S. energy economy and the giant inflation reduction act crafted by Senate Democrats. Pro golfer Phil Mickelson and ten of his co-competitors have f ... Show More
27m 46s
Sep 2022
Mini Maxi Budget
Chancellor Kwasi Kwarteng unveils the biggest package of tax cuts in 50 years, before being questioned by Chris on his thinking. We hear what the chancellor has to say, as well as Chris’s thoughts, and those of the Financial Times’ Clear Barrett and former Bank of England Chief E ... Show More
35m 56s