Tim Cook will step down as Apple’s chief executive in September, representatives for US President Donald Trump’s ‘Board of Peace’ held discussions with DP World about managing supply chains in Gaza, and UK Prime Minister Keir Starmer fended off calls for him to quit over the Peter Mandelson vetting affair. Plus, wealth advisers at banks and independent brokerages generated billions of dollars in fees by steering individual investors into private market funds.

Mentioned in this podcast:

Tim Cook to step aside as Apple chief executive in September

Donald Trump’s ‘Board of Peace’ held talks with DP World over Gaza reconstruction

Keir Starmer accused of scapegoating officials over Peter Mandelson scandal

Keir Starmer was told to vet Peter Mandelson before appointing him

Wealth advisers made more than $2bn from private capital fees

Kevin Warsh: Trump’s next fall guy at the Fed?

Credit: UK Parliament

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

US President Donald Trump said he’s sending senior officials to Pakistan for new negotiations with Iran, the European Commission will encourage remote working and public transport subsidies to cut fossil fuel use, and FTSE 100 companies boosted chief executives’ pay by almost a fifth in the past year. Plus, there’s a new craze hitting Wall Street: super-charged tax-loss harvesting.

Mentioned in this podcast:

Donald Trump to send US officials to Pakistan for fresh peace talks with Iran

Brussels pushes remote working to ease energy crisis

FTSE bosses receive 18% pay bump this year in global fight for talent

The tax-focused hedge fund craze taking over Wall Street

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed and Victoria Craig. Our show was mixed by Alex Higgins. Additional help from Peter Barber. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

Hosted on Acast. See acast.com/privacy for more information.

Global oil markets have faced historic disruption since the Iran war began in February. The FT’s Jamie Smyth speaks with shale pioneer Scott Sheffield and his son Bryan about energy security and why the crisis could reshape the future for oil and gas.

Mentioned in this podcast:

Trump administration urges US oil bosses to increase drilling

Fracking pioneers look overseas as US shale revolution goes global

‘As big as Saudi Arabia’: the Permian oilman who sold Pioneer to Exxon

Note: The FT does not use generative AI to voice its podcasts

This episode was hosted and produced by Michela Tindera. It was edited by Victoria Craig. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallman. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.