EV market capitalisations go bonkers
11/18/21 • 9 min
8 Listeners
Read a transcript of this episode on FT.com
https://www.ft.com/content/eb7eaf32-597e-403a-bb3c-71290113ad92
US President Joe Biden has called on the Federal Trade Commission to investigate whether the country’s biggest oil companies are engaged in “potentially illegal conduct”, the euro fell to its lowest level in 16 months this week as currency markets bet on divergence between the ECB and other major central banks. Plus, the market capitalisation of electric vehicle upstart Rivian has surpassed that of VW and FT global motor industry correspondent Peter Campbell explains why investors are piling into EV shares.
Joe Biden demands probe of ‘potentially illegal conduct’ in oil sector - with Lauren Fedor
https://www.ft.com/content/66df689f-8a8e-4adb-a57a-664142c8be46
Euro hit by bets ECB monetary policy will diverge from major peers
https://www.ft.com/content/f09a8ba8-c196-46d0-8fe7-15d6ae64364f
EV maker Rivian eclipses Volkswagen in value while Lucid overtakes Ford - with Peter Campbell
https://www.ft.com/content/a0575122-404d-4d11-b54b-f1af77733a4e
Staples Center in Los Angeles to be renamed Crypto.com Arena - with Sara Germano
https://www.ft.com/content/0e4af0d3-0ae9-48c5-8aee-9a1a9a5721a4
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
Hosted on Acast. See acast.com/privacy for more information.
Read a transcript of this episode on FT.com
https://www.ft.com/content/eb7eaf32-597e-403a-bb3c-71290113ad92
US President Joe Biden has called on the Federal Trade Commission to investigate whether the country’s biggest oil companies are engaged in “potentially illegal conduct”, the euro fell to its lowest level in 16 months this week as currency markets bet on divergence between the ECB and other major central banks. Plus, the market capitalisation of electric vehicle upstart Rivian has surpassed that of VW and FT global motor industry correspondent Peter Campbell explains why investors are piling into EV shares.
Joe Biden demands probe of ‘potentially illegal conduct’ in oil sector - with Lauren Fedor
https://www.ft.com/content/66df689f-8a8e-4adb-a57a-664142c8be46
Euro hit by bets ECB monetary policy will diverge from major peers
https://www.ft.com/content/f09a8ba8-c196-46d0-8fe7-15d6ae64364f
EV maker Rivian eclipses Volkswagen in value while Lucid overtakes Ford - with Peter Campbell
https://www.ft.com/content/a0575122-404d-4d11-b54b-f1af77733a4e
Staples Center in Los Angeles to be renamed Crypto.com Arena - with Sara Germano
https://www.ft.com/content/0e4af0d3-0ae9-48c5-8aee-9a1a9a5721a4
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
Hosted on Acast. See acast.com/privacy for more information.
Previous Episode
On trial in the Vatican
Read a transcript of this episode on FT.com
https://www.ft.com/content/e08f700a-75e9-427d-b360-2a7c99c3fb24
Joe Biden and Xi Jinping have agreed to hold talks aimed at reducing tensions as US anxiety grows over China’s expanding nuclear arsenal and its recent test of a hypersonic weapon, Germany’s energy regulator said it had “temporarily suspended” certification of the Kremlin-backed Nord Stream 2 pipeline, and today a high stakes trial involving the Holy See’s investments in a London property development is set to resume in a court in the Vatican.
US and China agree to hold talks on nuclear arsenals
https://www.ft.com/content/6e8ad43b-0bb8-4d03-b768-dcb534589841
Germany suspends certification of Nord Stream 2 pipeline - with Erika Solomon
https://www.ft.com/content/a5141b69-0655-48b2-a53a-76d841b02702
Vatican cardinal goes on trial in landmark financial corruption case - with Miles Johnson
https://www.ft.com/content/9ead42bd-d6bb-4b02-b160-00cfd0e400f3
UK ad watchdog investigates ‘meme coin’ Floki Inu’s London marketing blitz
https://www.ft.com/content/741bc6ac-74cc-405b-a9f3-93d2a98bfeca
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
Hosted on Acast. See acast.com/privacy for more information.
Next Episode
Euro drama in currency markets
Read a transcript of this episode on FT.com
https://www.ft.com/content/896cc408-68c4-4fd1-960b-85bb18843384
Ford and General Motors said on Thursday that they are improving links with semiconductor manufacturers to improve their supply of electronic chips as the car industry confronts a shortage. Some foreign companies are still investing in Turkey despite the country’s ailing economy. Plus, the FT’s markets editor, Katie Martin, explains why the euro is losing value against the US dollar and why it could potentially make inflation worse.
Ford and GM pursue ties with semiconductor groups to boost chip supply
https://www.ft.com/content/06252ac7-5b10-45d8-834f-c7180722bda0
Euro hit by bets ECB monetary policy will diverge from major peers - with Katie Martin
https://www.ft.com/content/f09a8ba8-c196-46d0-8fe7-15d6ae64364f
Turkey defies warnings and cuts interest rates
https://www.ft.com/content/2db0434d-2851-4485-850d-06cfca32ff22
FT News Briefing wins Gold and a People’s Lovie Awards:
https://winners.lovieawards.com/?_ga=2.160925368.480629916.1637093197-697055072.1634666649#!p=118
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
Hosted on Acast. See acast.com/privacy for more information.
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