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Nations struggle to measure inflation as virus disrupts shopping

Store closures and frozen spending leave gap in policymakers’ economic tracking




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Largest US meat company warns food supply chain is breaking

Tyson chairman flags shortages as slaughterhouses and processing plants are forced to shut




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John Tyson laments breakdown of meat system his family pioneered

Tyson Foods chief warns of supply shortages that critics blame on concentrated production line




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Opposition rises to exit package for ex-McDonald’s chief

Steve Easterbrook lost his job after relationship with colleague but kept stock options




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Tyson Foods warns of sales declines and rising costs

Largest US meat company forecasts further upheaval in months ahead




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Insider trading trial, HSBC and Huawei and Credit Suisse tax dispute

Patrick Jenkins discusses the Financial Conduct Authority's latest insider trading case and what it tells us about how market abuses are being tackled, why HSBC is on the defensive in China, and why Credit Suisse is suing the UK tax authorities.With special guest Mark Steward, Director of Enforcement and Market Oversight for the Financial Conduct Authority.


Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, David Crow, banking editor, and James Kynge, global China editor. Producer: Fiona Symon

 

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RBS's new chief, Swiss hiring spat and who advised WeWork?

Patrick Jenkins and guests discuss RBS as Alison Rose, the first woman to lead one of the UK’s top banks, takes the helm, Iqbal Khan and the hiring spat between Credit Suisse and UBS, and the role of US investment banks in the failed WeWork IPO. With special guest John Cronin of Goodbody stockbrokers in Dublin.


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

 

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Credit Suisse scandal, Wells Fargo's new chief and ECB interest rate policy

David Crow and guests discuss the scandal that has engulfed Credit Suisse, including the apparent suicide of a security consultant involved in a corporate espionage operation for the bank, US bank Wells Fargo's new chief executive, and the merits of the European Central Bank's interest rate policy. With special guest Jean Pierre Mustier, president of the European Banking Federation and chief executive of Italian bank UniCredit.


Contributors: David Crow, Banking editor, Sam Jones, correspondent in Zurich, Laura Noonan, US banking editor, and Patrick Jenkins, financial editor. Producer: Fiona Symon

 

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Risks mount in European banks, EBA warns

Patrick Jenkins and guests discuss the EBA report on mounting risk in the European banking system, Goldman Sachs’ first ever investment day and why the pensions of UK banking CEOs are being cut. With special guest Mario Quagliariello, director of economic analysis at the European Banking Authority.


Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, Stephen Morris, European banking correspondent, Nick Megaw, retail banking correspondent and Laura Noonan, US banking editor. Producer: Persis Love

 

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UK stress tests, racism at JPMorgan and predictions for 2020

Patrick Jenkins and guests discuss what the latest stress tests tell us about the health of UK banks, racism in US banking after recent revelations about the treatment of black customers at JPMorgan Chase, and predictions for the year ahead. With special guest Laurie Mayers, associate managing director at Moody's.


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

 

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Davos News, Bank of America outlook and JPMorgan's shift towards Paris

Patrick Jenkins and guests discuss the latest from the World Economic Forum in Davos, the outlook for Bank of America, and JPMorgan Chase's decision to buy a second office in Paris. With special guest Brian Moynihan, chief executive of Bank of America. 


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Laura Noonan, US banking editor, and Stephen Morris, European banking correspondent. Producer: Fiona Symon

 

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Goldman's tech tie-ups, DBank's turnaround and bankers' misconduct

Matthew Vincent and colleagues discuss Goldman Sachs and Amazon - another big tech tie-up for the Wall Street name, Deutsche Bank's profit targets, and what a case of stealing from a workplace canteen tells us about the current climate for ethics and compliance in banking. With special guest Russell Quelch of Redburn, the equity research house.


Contributors: Matthew Vincent, regulation correspondent, Stephen Morris, European banking correspondent, Robert Smith, capital markets correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Behind the Money: Missing out on the US small business rescue

Behind the Money is a podcast from the Financial Times that takes listeners inside the business and financial stories of the moment, with reporting from FT journalists around the world. You can find Behind the Money wherever you get your podcasts, including FT.com/behindthemoney.


The Trump administration’s small business bailout programme has been plagued by problems from the start, with complaints that large companies crowded out the kinds of small enterprises and independent contractors it was designed to help. With a fresh round of funding on offer from Washington, we hear from several business owners trying to get their share, as well as the FT’s Laura Noonan who has been reporting on the programme since it launched. 

 

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World’s worst humanitarian crisis deepens as coronavirus hits Yemen

UN official warns that war-ravaged country cannot deal with an outbreak of the disease




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Erdogan move to block minister’s resignation exposes  Turkish power struggle

President’s intervention over Suleyman Soylu suggests division at regime’s heart, analysts say




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The Arab medics battling coronavirus in Israel’s divided society

Community is politically marginalised but makes up one-fifth of doctors and a quarter of nurses




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How Israel’s Netanyahu secured his political survival

Shock unity deal with rival Benny Gantz delivers prime minister a record fifth term




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UAE risks inclusion on financial watch list over money laundering

Financial Action Task Force said Gulf state not doing enough to stem dirty financial flows




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Billionaire vs president — Assad family dispute grips Syria

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




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Iraq’s squabbling parliament agrees new prime minister

Mustafa al-Kadhimi’s appointment gives country its first functioning government in 6 months




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With prom cancelled, students mourn a missed milestone

Teens who don’t want to miss the rite of passage are dressing up for leavers’ balls on TikTok




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My favourite dress is everywhere. Should I care?

Helen Barrett discovered the perfect ‘austere but dramatic’ dress from The Vampire’s Wife. Then came the celebrities




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Prada’s Raf Simons on his upholstery sideline

Why one of the biggest names in fashion also designs furniture textiles




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Trump’s support rallies around his flag in the Midwest

Republicans continue to give the US president high marks for his handling of coronavirus




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Elmhurst: neighbourhood at centre of New York’s Covid-19 crisis

Funeral homes are full in working class section of Queens where immigrants pursue American dream




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A fridge full of booze is a lockdown hazard

Addiction experts say Covid-19 could tip heavy drinkers into full-blown alcoholism




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Precarity, not inequality is what ails the 99%

Our predicament is that wealth has become the only apparent source of safety




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​Waiting is the hardest part

US students and institutions of higher learning are facing uncertain futures




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The American Confederacy is rising again under Trump

Over decades the Republican party has reconfigured itself into the party of the white and the South




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Kim Jong Un's sister in the spotlight

Succession spotlight on younger sister Kim Yo Jong




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Coronavirus: Dollar stores, Clorox make shortlist of stock winners amid rout — as it happened




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We risk a return to 1970s stagflation

The death of inflation has been exaggerated and after the pandemic we may need it




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Why the US-China trade deal is now at risk of falling apart

Many in Washington say Trump’s mini-deal with Beijing was a vehicle for political boasts




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Domestic tourists provide Chinese economy with a boost

After months of lockdown, citizens are keen to move around but not across borders




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EU draws criticism over consent to China censorship of coronavirus article

Beijing edits European opinion piece published in Chinese state-controlled media




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Jan Dalley and Peter Aspden discuss A History of the World in 100 Objects

As the final object is revealed, FT arts editor Jan Dalley talks to Peter Aspden about the significance of the BBC Radio 4 series 'A History of the World in 100 Objects' presented by Neil MacGregor, director of the British Museum.  


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Contemporary British art and the cult of celebrity

It's been a big week for contemporary British art. First the opening of the British Art Show 7 in Nottingham, then the second instalment of Newspeak at the Saatchi Gallery in London. To round it off, on Sunday Channel 4 will show “Modern Times”, the fifth in its series The Genius of Britain, this time presented by Janet Street-Porter. Peter Aspden, FT arts writer, and John Lloyd, FT television columnist, discuss art and celebrity: Charles Saatchi, Damien Hirst and the inimitable Janet Street-Porter. FT art critic Jackie Wullschlager reports on the British Art Show. Does it really represent the art of the nation? Produced by Griselda Murray Brown  


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New opera: does it exist?

Is the operatic tradition defunct? Where and how should new operas be put on? And which are the great modern operas? On the opening of Alexander Raskatov's A Dog's Heart at the Coliseum in London, Jan Dalley, FT arts editor, puts these questions to Andrew Clark, the paper's chief classical music critic, and Nicholas Payne, former director of The Royal Opera, the English National Opera and Opera North. Plus, Martin Bernheimer, the FT's classical music critic in New York, discusses what he sees as the conservatism of American opera-goers.  


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Miami Basel: the rise of Latin American art

As the ninth Art Basel Miami Beach takes place this week, Andres Schipani discusses the growing presence of Latin American collectors and galleries at the international art fair. He is joined by Mark Spiegler, director of Art Basel Miami Beach; Tim Marlow from London's White Cube gallery; Elizabeth Neilson, who heads the London-based Zabludowicz Collection; and Henrique Faría from Venezuela's Faría Fábregas gallery.  


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The artist as businessman

Is it acceptable for an artist to have his work produced by others? And what are the implications of the artist as businessman on conceptual art as we know it? As a new generation of artists openly declare themselves marketing men, FT arts editor Jan Dalley discusses the business of art with Jackie Wullschlager, FT visual arts critic, and Peter Aspden, FT arts and culture writer.  


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Is this a golden age for children’s theatre?

War Horse has just won five Tony Awards; last year the RSC put on an acclaimed production of Matilda; and now Punchdrunk are staging their first show for children, The Crash of the Elysium. Is children’s theatre on the up – or is it still the poor relation of “proper” theatre? Where is the new writing among the successful adaptations? And what are the best shows on in Britain this summer holiday? Jan Dalley puts these questions to Tony Graham, artistic director of London’s Unicorn Theatre, Sarah Hemming, FT theatre critic, and Neville Hawcock, deputy arts editor – as well as to four budding young critics. Produced by Griselda Murray Brown  


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Postmodernism: what's not to like?

Postmodernism defined itself against the stifling clarity and seriousness Modernism. It put style before drab functionality. It embraced pop culture and garish colour. But it got a bad rep. “PoMo” was called vacuous and kitsch, and in the 1980s it became associated with corporate culture and consumerism. Now this controversial cultural movement is the subject of a major exhibition at London’s Victoria and Albert museum, "Postmodernism: Style and Subversion 1970–1990". Neville Hawcock talks to Glenn Adamson, co-curator of the show, and to FT columnists Edwin Heathcote and Peter Aspden. Produced by Griselda Murray Brown  


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Leonard Cohen and Paul McCartney: is there life in the old dogs yet?

The arts podcast reviews new albums by two of the most venerable singer-songwriters around: Leonard Cohen's "Old Ideas" and Paul McCartney's "Kisses on the Bottom". Have they still got it? Does their latest work speak to modern times? And just what are we to make of Macca's album title? Neville Hawcock is joined in the studio by Ludovic Hunter-Tilney, FT pop critic, Peter Aspden, FT arts writer, and Gautam Malkani, FT writer and novelist. Produced by Griselda Murray Brown  


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Louis de Bernières on how to film a book

Jan Dalley is joined by Louis de Bernières, author of Captain Corelli’s Mandolin, the playwright Mike Packer, and journalist Carl Wilkinson to discuss literary adaptations. At the Oscars this month, six of the nine movies up for Best Picture are based on books – and the film version of de Bernières’ novel Red Dog is released in the UK on February 24. Why are adaptations so popular? Are filmmakers and investors just playing it safe in uncertain times? And how does it feel to see your novel – or play – on the big screen? Produced by Griselda Murray Brown  


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British design, then and now

Ahead of the Victoria and Albert museum’s new exhibition 'British Design 1948-2012', Jan Dalley asks: can great design build a better society? Can Britain be called a leader in the field when its manufacturing industry is all but dead? And are we doing enough to foster a new generation of artists and designers? She is joined by the furniture designer Matthew Hilton, co-curator of the V&A show Christopher Breward, and FT arts writer Peter Aspden. Produced by Griselda Murray Brown  


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The Bauhaus revisited

In 1919 Walter Gropius founded the Bauhaus school in Weimar, Germany "to create the new structure of the future". Its teaching combined fine art with craft, and its adherents saw design as the key to a better way of life. Were its utopian aims misguided? What is its relevance today? On the opening of a major exhibition at the Barbican Centre in London, Neville Hawcock puts these questions to Lydia Yee, co-curator of the show; Edwin Heathcote, FT architecture critic; and Peter Aspden, FT arts writer. Produced by Griselda Murray Brown  


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Spoken word: the rise of performance poetry

Spoken word is a form of poetry usually written to be performed in front of an audience, and often associated with hip hop culture. In recent years its popularity has soared in the UK – and now, as part of the London Literature Festival, the Southbank Centre is hosting the final of “Shake the Dust”, a national poetry slam for teenagers. So, what’s the difference between “page” and “stage” poetry? Does spoken word have a political bent? And can poets hope to change anything? Jan Dalley puts these questions to the poet, rapper and playwright Kate Tempest; poet and artistic director of the “Shake The Dust” Jacob Sam-La Rose; and critic Suzi Feay. Produced by Griselda Murray Brown  


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Religious art for atheists

Can art fulfill the purpose of religion in a pluralist, secular society? Can we reconcile religious dogma with individual artistic creativity? FT arts editor Jan Dalley discusses the long and sometimes fraught relationship between religion and art with Alom Shaha, physics teacher, film-maker and author of "The Young Atheist's Handbook", history painter Tom de Freston, and art critic Richard Cork. Produced by Griselda Murray Brown  


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What is British music?

Elgar, the Beatles and Dizzee Rascal have all had a starring role in London’s Olympic Games, with some astonishing scenes that told the world the story of Britain’s contribution to popular culture. But can British music continue to punch above its weight? In this special edition of the Arts Podcast, FT pop critic Ludovic Hunter-Tilney is joined in the studio by Laura Battle, an FT classical music critic, Peter Aspden, the newspaper's culture columnist, and Paul Morely, radio and TV presenter and music critic. With music by The Beatles, Thomas Ades, Roy Harper and Amy Winehouse. Produced by Griselda Murray Brown and John Sunyer  


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Peter Aspden on Philip Glass's Walt Disney opera

Based on a novel by Peter Stephan Jungk, 'The Perfect American' is the story of one of the 20th century's biggest entertainment moguls. The FT's arts writer gives his verdict on the work's premiere at the Teatro Real, Madrid.  


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