World shares surged after the US and China slashed tariffs for 90 days, and Brussels is getting ready to make use of capital controls and tariffs in opposition to Russia. Plus, OpenAI and Microsoft are rewriting the phrases of their multibillion-dollar partnership in a high-stakes negotiation.
Talked about on this podcast:
Who blinked first? How the US and China broke their trade deadlock
Wall Street stocks soar on US-China tariff reprieve
EU readies capital controls and tariffs to safeguard Russia sanctions
OpenAI negotiates with Microsoft to unlock new funding and future IPO
At this time’s FT Information Briefing was produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Extra assist from Simon Panayi, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s government producer. The FT’s world head of audio is Cheryl Brumley. The present’s theme track is by Metaphor Music.
