Denmark and the Netherlands lead surge in bookings but company still cuts 25% of workforce

Patrick Jenkins and guests discuss HSBC's cost-cutting drive, what to expect from next week's US bank results, and the departure of Vernon Hill from Metro Bank. With special guest Jordi Gual, chairman of Spain's CaixaBank

Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Laura Noonan, US banking editor, and Nicholas Megaw, retail banking correspondent. Producer: Fiona Symon

See acast.com/privacy for privacy and opt-out information.

Rami Makhlouf’s complaints against his cousin show strains in power structure

In America, lawsuits are the way we make up new rules in a crisis

London will host seven international art fairs during October, including Frieze London and Frieze Masters, and there will be three more in European cities. FT Arts editor Jan Dalley, dealer and gallerist Thomas Dane, FT Collecting columnist Georgina Adam and Stephanie Dieckvoss, director of Art 13, a new event launching in March 2013, discuss the global appetite for this kind of showcase and the dangers of “fairtigue”  

See acast.com/privacy for privacy and opt-out information.

The coolification of Phil Collins is among pop's most curious turnarounds. Richard Clayton explains what the song owes to gangsta rap, "gated reverb" - and a drumming gorilla. Credit: Rhino, Atlantic, Def Jam  

See acast.com/privacy for privacy and opt-out information.

David Honigmann follows Led Zeppelin's 'Stairway' from its origins in a Welsh cottage to 'Wayne's World', the White House and bedrooms everywhere  

See acast.com/privacy for privacy and opt-out information.

Olga Zoutendijk’s appointment as chair of ABN Amro is a landmark, and the bank is better for it

John Ratcliffe testifies at confirmation hearing held under social distancing rules

Revised terms draw support from some creditors in key test before government debt crunch

Former prime minister intervenes with warning that both Tories and Labour ‘pose a risk’ to country, Conservative manifesto in the spotlight, Lib Dems change tune with calls to avert Johnson majority, Sterling rallies as Tories extend lead.

As relations deteriorate over the coronavirus, Washington considers curbing supply chains and investment flows

Chamonix’s cable car back in business after two months, albeit with strict social-distancing measures

ECB chief Mario Draghi this week surprised the markets by suggesting that the European central bank could introduce more stimulus to support the global economy. His signal, at an ECB forum in Sintra, Portugal, caused a furious reaction from Donald Trump. Katie Martin discusses the US president’s intervention and the remarks that prompted this with Claire Jones and Chris Giles.

Contributors: Josh Noble, weekend news editor, Katie Martin, capital markets editor, Claire Jones, Frankfurt bureau chief and Chris Giles, economics editor. Producer: Fiona Symon

See acast.com/privacy for privacy and opt-out information.

Many of us own a keyboard, which sounds more or less like a piano, but is not quite the same. Thomas Hale, Alphaville reporter, thought he’d like to buy the real thing, so he went looking in London. He tells James Pickford what he found. Read Thomas's article here

Contributors: James Pickford, deputy editor of FT Money, and Thomas Hale, Alphaville reporter. Producer: Fiona Symon.

See acast.com/privacy for privacy and opt-out information.

Victory for Iran's hardliners in this month’s parliamentary elections has come at the cost of a despondent population suffering under the weight of renewed US sanctions. With the future of the nuclear deal in doubt and isolationist leaders in the ascendant, Andrew England, Middle East editor, and Najmeh Bozorgmehr, Tehran correspondent, discuss what happens next.

Contributors: Andrew England, Middle East editor, and Najmeh Bozorgmehr, Tehran correspondent. Producers: Fiona Symon and Mehrnosh Khalaj.

See acast.com/privacy for privacy and opt-out information.

Introducing the FT News Briefing. It is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.

Monday, March 16

The Federal Reserve cut interest rates to zero and joined forces with other central banks in a bid to prevent a severe economic downturn caused by the coronavirus outbreak. The FT’s Gillian Tett unpacks the sweeping measures. Plus, the rapid spread of the coronavirus and the ensuing travel restrictions have led to one of the worst months on record for the airport industry, and French industrials group Air Liquide is asking would-be buyers of its hand sanitiser unit to offer a higher sum in the wake of the outbreak. 

See acast.com/privacy for privacy and opt-out information.

Investors demanded too high a price to lend to US carrier reeling from coronavirus shutdown

European aerospace group confirms it will slash output of popular A320 single-aisle jet

Guillaume Faury tells employees in letter that lockdown threatens manufacturer’s existence

The pandemic has made airlines reluctant or unable to accept new jets

‘We will be a smaller company for a while,’ says chief David Calhoun

US aircraft maker can get along fine without any bailouts

Fortunes are created by technology and globalisation, as well as talent and enterprise

Homeowners must use ‘cleaner alternatives’ for coal fires and wood-burning stoves from 2021

Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse

Váradi echoes Ryanair’s O’Leary in upbeat outlook as low-cost airline restarts flights from Luton on Friday

Post-Brexit Britain will need a viable industry to support global role

Europe’s largest low-cost airline expects return to 2019 passenger levels to take 2 years

Incoming CEO tells investors and carrier’s 96,000 staff that he will not duck hard decisions

Lenders and lessors had little alternative but to accept the debt-for equity swap

Virgin Atlantic could be followed by British Airways in abandoning UK’s second-biggest gateway

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft

First state company to enter business rescue since end of apartheid

State-backed carrier starts cancelling flights as vital government funding is delayed

Failed outsourcer’s work on Liverpool and Birmingham hospitals running years behind schedule

Airline forecasts capacity will be almost wiped out in the second quarter

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as […]

Meet Kairn, a new startup coming out of stealth today with a sneak peek of what the company has been working on. As Wunderlist shuts down, Kairn wants to prove that there’s still room for an innovative task-management service. “We’re building a task manager that is smart and focused on capturing tasks,” co-founder and CEO […]

Accessory maker TwelveSouth has a solid lineup of gadgets, many of which fill a niche that their products uniquely address — and address remarkably well. The AirFly Pro ($54.99) is a new iteration on one of those, providing a way to connect Bluetooth headphones to any audio source with a 3.5mm headphone jack. It’s being […]

Apple has new hardware coming, the U.S. government may use cell phone data to track the spread of COVID-19 and Fox acquires a streaming company. Here’s your Daily Crunch for March 18, 2020. 1. Apple announces new iPad Pro The new iPad Pro looks more-or-less like the existing iPad Pro, but with better specifications, plus […]

The Mendel Air Sensor app is the first app I open every morning. Before Reddit, before Gmail, before NYT. I roll over, grab my phone and check my plants. I don’t know if there’s a higher honor I can bestow on an app. The Mendel Air Sensor is a game-changer for indoor growers. It offers […]

The X-37B spaceplane sounds like something out of a sci-fi novel, and its mysterious past is equally evocative. What does the military put in this long-term orbital vehicle? Turns out it’s exactly the kind of neat, but not mind-blowing, science you’d expect to find in such a thing — though solar-powered masers do sound pretty […]

Airbnb takes on new debt as it adapts to a world without tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality. Here’s your Daily Crunch for April 15, 2020. 1. Airbnb ups its debt by $1B amid the coronavirus travel crunch Airbnb has secured commitments of $1 billion for a syndicated […]

In response to calls for stronger action on hosts that aren’t casual users, Airbnb said it would start sharing some data with governments and getting hosts to agree to a policy of listing only their permanent homes. Here’s what Brian Chesky said in a post today: Today, we’re taking the next step to turn these principles into […]

System devised by neurotech start-up Koniku uses living cells

IAG boss Willie Walsh warns people will not fly if government brings in new measures

Share price surges after news breaks of deal with Games Workshop

Commercial aviation isn’t typically the place to look if you’re after carbon-light initiatives. Jet fuel isn’t generally very green, and airplanes burn a lot of it when traversing the skies. But supersonic flight startup Boom wants to change the perception of commercial aviation as an emissions-costly prospect, starting with their testing development program for the […]

The European Commission has set out a plan to move towards a ‘right to repair’ for electronics devices, such as mobile phones, tablets and laptops. More generally it wants to restrict single-use products, tackle “premature obsolescence” and ban the destruction of unsold durable goods — in order to make sustainable products the norm. The proposals […]