<description>&lt;p&gt;Strong sales at Amazon’s cloud computing division helped the Big Tech giant beat analyst estimates for revenue and profit, private capital is playing a growing role in the green energy transformation, and foreign carmakers are teaming up with Chinese technology groups to compete in the local market.&amp;nbsp;&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3xZMuWW" rel="noopener noreferrer" target="_blank"&gt;Amazon’s strong cloud sales help power revenue gains&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3UoDlPj" rel="noopener noreferrer" target="_blank"&gt;Can private equity accelerate the green transition?&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3JGAPPh" rel="noopener noreferrer" target="_blank"&gt;Jeremy Hunt warns FCA against ‘naming and shaming’ business&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/49Yd9AD" rel="noopener noreferrer" target="_blank"&gt;‘Everything has changed’: foreign auto groups embrace local technology in China&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/ba73637f-7aa5-4636-9993-7e4edf6481a4" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;br /&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

PE plays growing role in the green transition but continues to invest in fossil fuels

Strong sales at Amazon’s cloud computing division helped the Big Tech giant beat analyst estimates for revenue and profit, private capital is playing a growing role in the green energy transformation, and foreign carmakers are teaming up with Chinese technology groups to compete in the local market.&nbsp;&nbsp; Mentioned in this podcast:<a href="https://on.ft.com/3xZMuWW" rel="noopener noreferrer" target="_blank">Amazon’s strong cloud sales help power revenue gains</a><a href="https://on.ft.com/3UoDlPj" rel="noopener noreferrer" target="_blank">Can private equity accelerate the green transition?</a><a href="https://on.ft.com/3JGAPPh" rel="noopener noreferrer" target="_blank">Jeremy Hunt warns FCA against ‘naming and shaming’ business</a><a href="https://on.ft.com/49Yd9AD" rel="noopener noreferrer" target="_blank">‘Everything has changed’: foreign auto groups embrace local technology in China</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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. <a href="https://www.ft.com/content/ba73637f-7aa5-4636-9993-7e4edf6481a4" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Private equity’s green thumb

<description>&lt;p&gt;Humza Yousaf is resigning as Scotland’s first minister, and WeWork’s senior creditors are poised to take control of the reorganised co-working space provider. Plus, an Africa-focused venture capital firm has steered one of the region’s biggest fundraising efforts of the past five months.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3UCszpG" rel="noopener noreferrer" target="_blank"&gt;Humza Yousaf quits as Scotland’s first minister&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/4bgyJRT" rel="noopener noreferrer" target="_blank"&gt;WeWork agrees restructuring deal that shuts out Adam Neumann’s comeback bid&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/4bcx0Nu" rel="noopener noreferrer" target="_blank"&gt;Africa-focused fund draws early investors to tech industry&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://link.chtbl.com/lifeandart" rel="noopener noreferrer" target="_blank"&gt;FT Life &amp;amp; Art podcast&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/4869af45-503a-4c63-adec-50232ea79598" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;br /&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

The SNP leader’s decision comes less than a week after collapsing his coalition

Humza Yousaf is resigning as Scotland’s first minister, and WeWork’s senior creditors are poised to take control of the reorganised co-working space provider. Plus, an Africa-focused venture capital firm has steered one of the region’s biggest fundraising efforts of the past five months.&nbsp; Mentioned in this podcast:<a href="https://on.ft.com/3UCszpG" rel="noopener noreferrer" target="_blank">Humza Yousaf quits as Scotland’s first minister</a><a href="https://on.ft.com/4bgyJRT" rel="noopener noreferrer" target="_blank">WeWork agrees restructuring deal that shuts out Adam Neumann’s comeback bid</a><a href="https://on.ft.com/4bcx0Nu" rel="noopener noreferrer" target="_blank">Africa-focused fund draws early investors to tech industry</a><a href="https://link.chtbl.com/lifeandart" rel="noopener noreferrer" target="_blank">FT Life &amp; Art podcast</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by 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. <a href="https://www.ft.com/content/4869af45-503a-4c63-adec-50232ea79598" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Scotland’s first minister resigns

<description>&lt;p&gt;Financial companies scramble to rework contracts after US Federal Trade Commission rule bans non-compete agreements, the largest western banks that remain in Russia paid the Kremlin hundreds of millions of euros in taxes last year, and Turkey is in talks with the US energy supermajor ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas. Plus, the message from Big Tech companies to investors about when AI will be profitable: be patient.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3UAPwcO" rel="noopener noreferrer" target="_blank"&gt;Ban on non-compete agreements sends shockwave across Wall Street&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3QoqGdU" rel="noopener noreferrer" target="_blank"&gt;Microsoft and Alphabet enjoy AI-powered gains from cloud divisions&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3JDJguE" rel="noopener noreferrer" target="_blank"&gt;Question of pay-off from AI hangs over Big Tech earnings&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/4aVzkZs" rel="noopener noreferrer" target="_blank"&gt;Western banks in Russia paid €800mn in taxes to Kremlin last year&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3QpbXzj" rel="noopener noreferrer" target="_blank"&gt;Turkey in talks with ExxonMobil over multibillion-dollar LNG deal&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, 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.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/42248c29-eb97-4672-b7e8-de19ae752966" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;br /&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

How long can Wall Street’s AI-fueled rally continue without clear evidence of profit?

Financial companies scramble to rework contracts after US Federal Trade Commission rule bans non-compete agreements, the largest western banks that remain in Russia paid the Kremlin hundreds of millions of euros in taxes last year, and Turkey is in talks with the US energy supermajor ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas. Plus, the message from Big Tech companies to investors about when AI will be profitable: be patient.&nbsp; Mentioned in this podcast:<a href="https://on.ft.com/3UAPwcO" rel="noopener noreferrer" target="_blank">Ban on non-compete agreements sends shockwave across Wall Street</a><a href="https://on.ft.com/3QoqGdU" rel="noopener noreferrer" target="_blank">Microsoft and Alphabet enjoy AI-powered gains from cloud divisions</a><a href="https://on.ft.com/3JDJguE" rel="noopener noreferrer" target="_blank">Question of pay-off from AI hangs over Big Tech earnings</a><a href="https://on.ft.com/4aVzkZs" rel="noopener noreferrer" target="_blank">Western banks in Russia paid €800mn in taxes to Kremlin last year</a><a href="https://on.ft.com/3QpbXzj" rel="noopener noreferrer" target="_blank">Turkey in talks with ExxonMobil over multibillion-dollar LNG deal</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, 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. <a href="https://www.ft.com/content/42248c29-eb97-4672-b7e8-de19ae752966" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Big Tech investors question AI pay-off

<description>&lt;p&gt;The US Supreme Court set out to answer a big constitutional question on Thursday: can a president be charged for potential crimes committed while in office? The FT’s Washington bureau chief, James Politi, and US legal and enforcement correspondent, Stefania Palma, join this week’s Swamp Notes to explain why the answer could determine the outcome of Donald Trump’s federal trials and the future of the American presidency.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3UzjmhW" rel="noopener noreferrer" target="_blank"&gt;US Supreme Court debates limits of presidential immunity in Donald Trump appeal&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3UCayIo" rel="noopener noreferrer" target="_blank"&gt;Donald Trump prepares his final pitch on presidential immunity&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://ep.ft.com/newsletters/56a64b704f693a0300dfab7e/subscribe" rel="noopener noreferrer" target="_blank"&gt;Sign up for the FT’s Swamp Notes newsletter here&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;CREDIT: CNN&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/741282ac-1824-475d-9537-30bd039cd5da" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;br /&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Trump says he can’t be prosecuted for things he did as president. Does the Supreme Court agree? 

The US Supreme Court set out to answer a big constitutional question on Thursday: can a president be charged for potential crimes committed while in office? The FT’s Washington bureau chief, James Politi, and US legal and enforcement correspondent, Stefania Palma, join this week’s Swamp Notes to explain why the answer could determine the outcome of Donald Trump’s federal trials and the future of the American presidency. Mentioned in this podcast:<a href="https://on.ft.com/3UzjmhW" rel="noopener noreferrer" target="_blank">US Supreme Court debates limits of presidential immunity in Donald Trump appeal</a><a href="https://on.ft.com/3UCayIo" rel="noopener noreferrer" target="_blank">Donald Trump prepares his final pitch on presidential immunity</a><a href="https://ep.ft.com/newsletters/56a64b704f693a0300dfab7e/subscribe" rel="noopener noreferrer" target="_blank">Sign up for the FT’s Swamp Notes newsletter here</a> Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.&nbsp; CREDIT: CNN <a href="https://www.ft.com/content/741282ac-1824-475d-9537-30bd039cd5da" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Swamp Notes: The Supreme Court weighs presidential power

<description>&lt;p&gt;Microsoft beat expectations for revenue and cloud sales, Alphabet shares rise by double-digits after first-quarter earnings beat expectations, markets are no longer fully confident of a US interest rate cut before September, and the EU is turning to draconian tactics to curb migration. Plus, a merger between mining giants BHP and Anglo American could get investors excited about the industry again.&amp;nbsp;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Mentioned in this podcast:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/44iGvZ9" rel="noopener noreferrer" target="_blank"&gt;Alphabet shares surge past $2tn after search giant unveils first ever dividend&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3UeLF42" rel="noopener noreferrer" target="_blank"&gt;Microsoft’s revenue and cloud sales beat expectations&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/4dbrNHD" rel="noopener noreferrer" target="_blank"&gt;Biden dealt blow as investors scale back bets on pre-election rate cut&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3vXr6B6" rel="noopener noreferrer" target="_blank"&gt;Why is BHP bidding for Anglo American?&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/3UixFWO" rel="noopener noreferrer" target="_blank"&gt;BHP proposes £31bn takeover of Anglo American in mining mega-deal&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://on.ft.com/4dgIWQ0" rel="noopener noreferrer" target="_blank"&gt;How Europe is paying other countries to police its borders&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, 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.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/de4bf159-8ade-4161-8285-bb57cde5790c" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;br /&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

BHP proposes £31bn takeover of Anglo American

Microsoft beat expectations for revenue and cloud sales, Alphabet shares rise by double-digits after first-quarter earnings beat expectations, markets are no longer fully confident of a US interest rate cut before September, and the EU is turning to draconian tactics to curb migration. Plus, a merger between mining giants BHP and Anglo American could get investors excited about the industry again.&nbsp; Mentioned in this podcast:<a href="https://on.ft.com/44iGvZ9" rel="noopener noreferrer" target="_blank">Alphabet shares surge past $2tn after search giant unveils first ever dividend</a><a href="https://on.ft.com/3UeLF42" rel="noopener noreferrer" target="_blank">Microsoft’s revenue and cloud sales beat expectations</a><a href="https://on.ft.com/4dbrNHD" rel="noopener noreferrer" target="_blank">Biden dealt blow as investors scale back bets on pre-election rate cut</a><a href="https://on.ft.com/3vXr6B6" rel="noopener noreferrer" target="_blank">Why is BHP bidding for Anglo American?</a><a href="https://on.ft.com/3UixFWO" rel="noopener noreferrer" target="_blank">BHP proposes £31bn takeover of Anglo American in mining mega-deal</a><a href="https://on.ft.com/4dgIWQ0" rel="noopener noreferrer" target="_blank">How Europe is paying other countries to police its borders</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, 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. <a href="https://www.ft.com/content/de4bf159-8ade-4161-8285-bb57cde5790c" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

A mining industry mega-deal

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

FT News Briefing

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