FT News Briefing
1,856 episodes - English - Latest episode: 9 days ago - ★★★★★ - 420 ratingsA rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.
Hosted on Acast. See acast.com/privacy for more information.
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Episodes
Monday, July 22
July 22, 2019 04:01 - 9 minutes - 13.1 MBHong Kong protesters escalate demonstrations by targeting Chinese government offices, UK defence minister Tobias Ellwood rejects claims that the government could have stopped Iranian forces from capturing a British-flagged tanker, early exit polls indicate that Ukraine President Volodymyr Zelensky’s party of neophyte politicians have won Sunday’s snap parliamentary election and Prime Minister Shinzo Abe’s ruling coalition wins a clear majority in Japan’s upper house. Plus, the FT’s Gideon Lo...
Friday, July 19
July 19, 2019 04:01 - 8 minutes - 11.4 MBPresident Donald Trump says the US navy has shot down an Iranian drone after it threatened an American warship, Boeing says it will take a $4.9bn after-tax charge in the second quarter related to the grounding of the 737 Max jet and the Federal Reserve Bank of New York president stokes expectations of an aggressive half-point cut in US interest rates this month. Plus, WeWork founder Adam Neumann has sold his shares, Microsoft’s cloud business fuels growth as the software company tops earnings...
Thursday, July 18
July 18, 2019 04:01 - 7 minutes - 12.8 MBNetflix falls short of its own forecasts for new subscribers, G7 finance ministers struggle to reach a compromise on how to tax Big Tech and US President Donald Trump expels Turkey from the US-led F-35 fighter jet programme. Plus, the FT’s Gregory Meyer explains how signs of a slowing US economy are starting to show up on the nation’s railways. Hosted on Acast. See acast.com/privacy for more information.
Wednesday, July 17
July 17, 2019 04:01 - 7 minutes - 9.77 MBLower rates squeeze US bank lending margins, Ursula von der Leyen narrowly secures parliamentary backing for her appointment as European Commission president and United Airlines raises its outlook for the full year despite the financial impact of the grounding of the carrier’s 737 Max fleet. Plus, the FT’s Kiran Stacey reports on Big Tech’s day in Washington. Hosted on Acast. See acast.com/privacy for more information.
Tuesday, July 16
July 16, 2019 04:01 - 9 minutes - 13.3 MBDemocratic congresswomen call Donald Trump’s attacks a “distraction” after the US president doubles down on his statement, US Treasury secretary Steven Mnuchin says Facebook has “a lot of work to do” before the Trump administration will let it proceed with its planned cryptocurrency and money manager Jeffrey Epstein discloses his assets in a court filing after being charged with the sex trafficking of underage girls. Plus, the FT’s Ahmed Al Omran explains how Saudi Arabia is reviving its effo...
Monday, July 15
July 15, 2019 04:01 - 7 minutes - 13.1 MBThe acting IMF chief, David Lipton, backs new monetary stimulus by the world’s top central banks, Warner Music buys First Night Records and equity investors brace for the second successive drop in US quarterly profits. Plus, US banks are set to report second-quarter results this week. The FT’s Robert Armstrong explains what investors will be watching. Hosted on Acast. See acast.com/privacy for more information.
Friday, July 12
July 12, 2019 04:01 - 7 minutes - 10.9 MBPresident Donald Trump issues an executive order to collect all information in US government databases about who is an American citizen, Boeing says the head of its 737 programme will retire at the end of this year and we take a look at China’s economy ahead of the release of its second-quarter growth figures. Plus, Hannah Kuchler explains why some drugmakers are braced for an opioid crisis reckoning. Hosted on Acast. See acast.com/privacy for more information.
Thursday, July 11
July 11, 2019 04:01 - 8 minutes - 16 MBThe Trump administration launches an investigation into French plans to bring in a special tax targeting big tech companies and Amazon Music becomes the fastest-growing streaming service. Plus, Federal Reserve chairman Jay Powell cemented the case for an interest rate cut in his testimony to US Congress. The FT’s James Politi explains. Hosted on Acast. See acast.com/privacy for more information.
Wednesday, July 10
July 10, 2019 04:01 - 10 minutes - 14.2 MBMexico’s finance minister, Carlos Urzúa, resigns over differences with President Andrés Manuel López Obrador, Levi Strauss shares slip after IPO costs weigh on its second quarter earnings and Boris Johnson dodges questions about Brexit and US relations in a UK Conservative party leadership debate. Plus, the FT’s Joe Rennison tells us about a new menace popping up in the leveraged loan market. Hosted on Acast. See acast.com/privacy for more information.
Tuesday, July 9
July 09, 2019 04:01 - 10 minutes - 14.3 MBChinese venture capital investment in US biotech falls as Washington tightens scrutiny of funding from overseas, German chemicals group BASF cuts its full-year forecast and warns that second-quarter profits would almost halve and Deutsche Bank begins the culling of 18,000 jobs, with whole teams of equity traders being dismissed. Plus, the FT’s US legal and enforcement correspondent, Kadhim Shubber, explains the sex trafficking charges against money manager Jeffrey Epstein. Hosted on Acast...
Monday, July 8
July 08, 2019 04:01 - 9 minutes - 12.8 MBIran says it will breach the curbs on uranium enrichment levels set under the 2015 nuclear agreement with major powers, Greece’s traditional centre-right party is set to regain power after a sweeping general election victory and a survey of fund managers shows that investors are buckling up for a global recession. Plus, Deutsche Bank has unveiled plans to overhaul the struggling German lender. The FT’s European banking correspondent, Stephen Morris, breaks down the details. Hosted on Acast....
Friday, July 5
July 05, 2019 04:00 - 11 minutes - 20.4 MBBritish Marines and Gibraltar police seize a tanker suspected of carrying Iranian oil to Syria, the Womens’ World Cup reaches its finale, but will the expected winners take up their invitation to the White House? Who are the main contenders to replace Christine Lagarde as IMF chief? Plus, chief features writer Henry Mance on the pressure US space agency Nasa is under to put astronauts back on the moon by 2024 Hosted on Acast. See acast.com/privacy for more information.
Thursday, July 4
July 04, 2019 04:01 - 8 minutes - 16.4 MBUS stocks closed at record highs on Wednesday alongside a bond rally as investors anticipated looser monetary policies from central banks, Huawei founder Ren Zhengfei predicts the next battle with the US will be over the Chinese telecom company’s push into the internet of things and Boeing pledges to commit $100m to help address the needs of families affected by two deadly crashes of its 737 Max jet. Plus, the FT’s Frankfurt bureau chief, Claire Jones, explains what Christine Lagarde is set ...
Thursday, July 4
July 04, 2019 04:01 - 8 minutes - 16.4 MBUS stocks closed at record highs on Wednesday alongside a bond rally as investors anticipated looser monetary policies from central banks, Huawei founder Ren Zhengfei predicts the next battle with the US will be over the Chinese telecom company’s push into the internet of things and Boeing pledges to commit $100m to help address the needs of families affected by two deadly crashes of its 737 Max jet. Plus, the FT’s Frankfurt bureau chief, Claire Jones, explains what Christine Lagarde is set t...
Wednesday, July 3
July 03, 2019 04:01 - 9 minutes - 17.9 MBEuropean leaders agree to back Christine Lagarde as president of the European Central Bank and Ursula von der Leyen as president of the European Commission, Tesla reports record production and delivery figures for its latest quarter, the Trump administration abandons its efforts to include a citizenship question in the 2020 census and President Donald Trump says he will nominate Fed critic Judy Shelton and St Louis Fed official Christopher Waller to the board of the Federal Reserve. Plus, the...
Tuesday, July 2
July 02, 2019 04:01 - 10 minutes - 14.1 MBHong Kong leader Carrie Lam condemns protesters who stormed and occupied the Legislative Council, the US economic expansion becomes the longest in recent history and Iran’s oil minister warns that the future of Opec is in jeopardy from the growing influence of Russia and Saudi Arabia. Plus, some questions about office provider WeWork as it prepares to hit the public markets this year. The FT’s US business editor, Andrew Edgecliffe-Johnson, spoke with founder Adam Neumann about the group’s $4...
Monday, July 1
July 01, 2019 04:01 - 8 minutes - 15 MBUS president Donald Trump signals that nuclear talks with North Korea will resume, after meeting with Kim Jong Un on Sunday, the US and China ease trade tensions at the G20 summit, but commentators wonder how long the effects will last, Angela Merkel’s compromise plan to fill the EU’s top positions runs into a wall of opposition and HSBC launches a lobbying effort to convince the Chinese government that it is not responsible for the arrest of Huawei’s finance director. Hosted on Acast. See...
Friday, June 28
June 28, 2019 04:01 - 9 minutes - 13.5 MBThe Federal Reserve singles out Credit Suisse in its annual stress tests, Nike reports higher sales and profit margins in its latest quarter, designer Jony Ive will leave Apple at the end of this year and Russian president Vladimir Putin says liberalism has ‘become obsolete’. Plus, the FT’s US managing editor, Peter Spiegel, previews the G20 summit in Osaka, Japan. Hosted on Acast. See acast.com/privacy for more information.
Thursday, June 27
June 27, 2019 04:01 - 9 minutes - 16.7 MBBoeing faces another setback in its attempt to get the 737 Max back in the air, activist investor Carl Icahn is preparing a campaign to oust four of Occidental Petroleum’s board members and private equity deal-making hits its highest level since the lead-up to the global financial crisis. Plus, the FT’s corporate finance and deals editor, Arash Massoudi, explains what led to AbbVie’s $63bn acquisition of Botox-maker Allergan. Hosted on Acast. See acast.com/privacy for more information.
Wednesday, June 26
June 26, 2019 04:01 - 9 minutes - 13.5 MBFed chairman Jay Powell warns that risks to global growth have increased in recent weeks, AbbVie investors give the US drugmaker a resounding thumbs down on its bid to buy Botox-maker Allergan and FedEx warns that a slower global economy and trade uncertainty will continue to drag on its business in 2020. Plus, the FT’s banking editor, David Crow, explains how a host of digital upstarts could challenge HSBC’s dominance in Hong Kong. Hosted on Acast. See acast.com/privacy for more informati...
Tuesday, June 25
June 25, 2019 04:01 - 11 minutes - 15.2 MBBoris Jonson’s tax cut proposals could cost as much as £20bn a year, according to a new report; Instagram’s Adam Mosseri tells the FT that “window-shopping” will become a core part of the photo-sharing app’s future; and US President Donald Trump signs an executive order to hit Iran with new sanctions. Plus, the FT’s Turkey correspondent, Laura Pitel, explains what’s next for Turkey and President Recep Tayyip Erdogan following the opposition’s triumph in Istanbul’s repeat mayoral election. ...
Monday, June 24
June 24, 2019 04:01 - 9 minutes - 13.3 MBWashington plans to impose fresh sanctions on Tehran and warns that Iran should not mistake US “prudence for weakness”, Ericsson’s head of US business says the UK’s plan to shut Huawei out of parts of its 5G network makes little technical sense and the US Federal Reserve quizzes Deutsche Bank over its “bad bank” plans. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains why the world’s top 500 companies are set to miss the climate goals outlined in the 2015 Paris ...
Friday, June 21
June 21, 2019 04:01 - 8 minutes - 12 MBPresident Donald Trump played down the significance of Iran shooting down a US drone over the Gulf, saying he found it “hard to believe” the move was intentional; Slack lands on Wall Street with a $20bn valuation and Boris Johnson will face Jeremy Hunt in the UK Conservative party leadership race. Plus, Judith Evans, the FT’s property correspondent, explains why the global real estate boom could be drawing to a close. Hosted on Acast. See acast.com/privacy for more information.
Thursday, June 20
June 20, 2019 04:01 - 8 minutes - 11.6 MBPressure mounts on the US and China to ease trade tensions at next week’s G20 summit, Deutsche Bank is under criminal investigation in the US in connection with alleged failures to comply with anti-money laundering laws and Nissan agrees on a truce with Renault in their governance dispute ahead of the Japanese carmaker’s pivotal shareholder meeting next week. Plus, the Federal Reserve held US interest rates steady, but put investors on notice for a future cut. The FT’s US markets editor, Robi...
Wednesday, June 19
June 19, 2019 04:01 - 10 minutes - 19.4 MBFacebook’s plan to launch a new global digital currency raises questions from banks and regulators, the FT reports that several of Renault and Nissan’s joint business functions are being quietly unwound and the latest round of voting by Conservative MPs trims the UK party’s leadership race down to five candidates. Plus, the FT’s West Coast Editor Richard Waters explains what Slack has in store for investors as the cloud-based communications platform prepares to go public on Thursday. Hoste...
Tuesday, June 18
June 18, 2019 04:01 - 8 minutes - 12.3 MBQatar’s sovereign wealth fund is looking to ramp up its investment plans in North America and Asia, the biggest European private equity groups are rushing to raise new mega funds and Pfizer agrees to pay $11.4bn for Array BioPharma in an effort to boost its cancer treatment portfolio. Plus, the FT’s Washington bureau chief Demetri Sevastopulo explains what Iran’s threat to breach nuclear deal terms means for its relationship with the US, as President Donald Trump orders 1,000 more troops to t...
Monday, June 17
June 17, 2019 04:01 - 9 minutes - 16.6 MBSources tell the FT that Deutsche Bank is preparing a deep overhaul of its trading operations as it shifts away from investment banking, the US Chamber of Commerce calls for the Trump administration to end its trade war with China and Hong Kong protesters demand the resignation of chief executive Carrie Lam over a controversial extradition bill. Plus, the FT’s Robin Wigglesworth explains how some hedge funds are using artificial intelligence to copy the best parts of human traders with none o...
Friday, June 14
June 14, 2019 04:01 - 9 minutes - 12.7 MBCrude oil prices surge as tensions rise in the Middle East, Brussels says Russian sources mounted a “sustained” disinformation effort to influence last month’s EU parliament elections and the focus in the UK leadership stakes moves to the second round after Boris Johnson emerged well ahead in the first party vote in the contest to become Britain’s next prime minister. Plus, the FT’s Siona Jenkins explains why 2019 will be a pivotal year for women’s football. Hosted on Acast. See acast.com/p...
Thursday, June 13
June 13, 2019 04:01 - 8 minutes - 12 MBHong Kong’s chief executive has vowed to push ahead with an extradition bill that has sparked violence in the territory, UK party leadership frontrunner Boris Johnson says Britain would only leave the EU without a deal as “a last resort” and US President Donald Trump says Poland will build a facility to host 1,000 American troops. Plus, FT capital markets reporter Joe Rennison explains why US homeowners are rushing to refinance their mortgages. Hosted on Acast. See acast.com/privacy for mor...
Wednesday, June 12
June 12, 2019 04:01 - 9 minutes - 13.6 MBElon Musk predicts a “record quarter” for Tesla, Royal Dutch Shell scales back its ride-hailing plans in London and the British government is eyeing new powers to enable it to block companies from listing on the London Stock Exchange on national security grounds. Plus, the FT’s retail correspondent Jonathan Eley explains the rift between Arcadia and its creditors, and how today’s meeting between them might play out. Hosted on Acast. See acast.com/privacy for more information.
Tuesday, June 11
June 11, 2019 04:01 - 9 minutes - 17.3 MBNew powers given to Europe’s banking watchdog to fight the flow of dirty money are falling short, talks to create the US’s first national data privacy law have ground to a halt and Nissan’s CEO wants to make peace with its French partner, Renault. Plus, the FT’s natural resources reporter Gregory Meyer explains how the unprecedented amounts of rain are affecting the US farming industry. Hosted on Acast. See acast.com/privacy for more information.
Monday, June 10
June 10, 2019 04:01 - 9 minutes - 12.4 MBUnited Technologies and Raytheon agree to an all-share merger to create a $120bn aerospace and defence giant, French carmaker Renault tells Japanese partner Nissan that it will block its plan to change its corporate governance and Deutsche Bank finds “serious” failings in payments screening. Plus, FT UK political correspondent Laura Hughes talks about the 11 candidates vying for 10 Downing St now that Theresa May has stepped down as Conservative party leader. Hosted on Acast. See acast.com/...
Friday, June 7
June 07, 2019 04:01 - 11 minutes - 20.5 MBBeyond Meat expects sales to double in 2019, Mexico and the US continue talks over tariffs that Donald Trump indicated could start next week, and Mario Draghi prepares to cut rates and embark on a fresh round of bond purchases before he leaves the European Central Bank in October. Plus, we take a look at the business of broadcast news. At the FT’s Future of News conference in New York, our news editor Matt Garrahan talks to Susan Zirinsky, president of CBS News, Noah Oppenheim, president of N...
Thursday, June 6
June 06, 2019 04:01 - 9 minutes - 12.7 MBFiat Chrysler has withdrawn its proposal for a €33bn merger with Renault, International Monetary Fund chief Chrstine Lagarde warns that the rising tariffs between the US and China are “self-inflicted wounds” on the global recovery, and YouTube bans supremacist content from its website as it steps up its crackdown on hate speech. Plus, FT reporter Camilla Hodgson talks about people-finding websites and why information on them keeps reappearing. Hosted on Acast. See acast.com/privacy for mor...
Wednesday, June 5
June 05, 2019 04:01 - 9 minutes - 17 MBDonald Trump’s pick for the World Bank’s new president, David Malpass, laments the global trade slowdown, Donald Trump predicts that US tariffs against Mexico will go ahead next week and the board of French car company Renault stalls a decision regarding a €33bn merger with Fiat Chrysler. Plus, the FT’s US economics editor Sam Fleming explains why the Federal Reserve is considering the need for a rate cut. Hosted on Acast. See acast.com/privacy for more information.
Tuesday, June 4
June 04, 2019 04:01 - 8 minutes - 12.1 MBThe biggest names in tech come under pressure as US regulators prepare for antitrust probes, Apple turns towards services and privacy at its annual developers conference and US president Donald Trump turns to the political part of his UK trip after a state banquet with the Queen. Plus, the FT’s trade editor James Politi take us behind the sharp rise in trade tensions between the US and Mexico, and what lies ahead. Hosted on Acast. See acast.com/privacy for more information.
Monday, June 3
June 03, 2019 04:01 - 9 minutes - 12.8 MBDonald Trump embarks on his first state visit to the UK by testing the countries’ special relationship, Blackstone strikes the largest private real estate deal in history and US technology companies are re-examining their supply chains to identify Chinese groups that may be targeted in the US-China trade war. Plus, the FT’s Global Technology correspondent Tim Bradshaw previews what’s likely to come out of Apple’s Worldwide Developers Conference this week. Hosted on Acast. See acast.com/pri...
Friday, May 31
May 31, 2019 04:01 - 10 minutes - 13.8 MBUber says it has seen an easing of the fierce competition that blew out its losses in the first quarter, President Donald Trump will threaten to curb intel sharing will Britain if it allows Huawei to build part of the country’s 5G mobile network, and from Canada Goose to Gap it has been a bad week for retailers. Plus, the FT’s North American correspondent Patti Waldmeir explains why the return of service of Boeing’s 737 Max jet could depend on pilot training. See acast.com/privacy for...
Friday, May 31
May 31, 2019 04:01 - 10 minutes - 13.8 MBUber says it has seen an easing of the fierce competition that blew out its losses in the first quarter, President Donald Trump will threaten to curb intel sharing will Britain if it allows Huawei to build part of the country’s 5G mobile network, and from Canada Goose to Gap it has been a bad week for retailers. Plus, the FT’s North American correspondent Patti Waldmeir explains why the return of service of Boeing’s 737 Max jet could depend on pilot training. Hosted on Acast. See acast.co...
Thursday, May 30
May 30, 2019 04:01 - 9 minutes - 17.1 MBPrime Minister Benjamin Netanyahu plunges Israel into repeat elections instead of allowing his rival a chance to form the next government, Democrats are split on whether to pursue the impeachment of US president Donald Trump after special counsel Robert Mueller’s public statement and two female partners at KPMG have left the accounting firm in the UK over its handling of bullying claims against a senior male partner. Plus, the FT’s UK political editor George Parker explains why more Conservat...
Wednesday, May 29
May 29, 2019 04:01 - 9 minutes - 12.4 MBIn an interview with the FT, the UK health secretary and pro-business Conservative leadership candidate blasts rival Boris Johnson, Spain’s Prime Minister Pedro Sanchez and his French counterpart Emmanuel Macron are joining forces to block a German conservative from taking the European Commission presidency, and the mounting US-China trade war has led investors to raise bets that the Federal Reserve will cut interest rates as the economy slows. Plus, the FT’s corporate finance and deals edito...
Tuesday, May 28
May 28, 2019 04:01 - 8 minutes - 16.3 MBThe success of the Brexit party in European elections ramps up pressure on Britain to leave the EU without a deal, Aviva is preparing a big shake-up of its UK business and Disney’s live action remake of the 1992 animated classic ‘Aladdin’ grabbed the top spot at the US box office over the holiday weekend. Plus, the FT’s pharma correspondent Hannah Kuchler reports that technology companies are betting that their insights into human behaviour can help opioid addicts recover. Hosted on Acast....
Monday, May 27
May 27, 2019 04:01 - 9 minutes - 12.5 MBAn alliance of pro-EU parties largely held their ground in Sunday’s European elections, Fiat Chrysler and Renault are in talks that could extend to a full merger, and the most valuable unicorn in the world, ByteDance, wants to make smartphones. Plus, the FT’s Brazil correspondent Andres Schipani tells how the country has changed since Jair Bolsonaro became president. See acast.com/privacy for privacy and opt-out information.
Monday, May 27
May 27, 2019 04:01 - 9 minutes - 12.5 MBAn alliance of pro-EU parties largely held their ground in Sunday’s European elections, Fiat Chrysler and Renault are in talks that could extend to a full merger, and the most valuable unicorn in the world, ByteDance, wants to make smartphones. Plus, the FT’s Brazil correspondent Andres Schipani tells how the country has changed since Jair Bolsonaro became president. Hosted on Acast. See acast.com/privacy for more information.
Friday, May 24
May 24, 2019 04:00 - 9 minutes - 17.3 MBDonald Trump says that Huawei could be included in a trade deal with Beijing, Facebook says it took down a record 2.2bn fake accounts in the first three months of this year and JPMorgan Chase drops its client Purdue Pharma, the OxyContin maker, which has been accused in thousands of lawsuits of fuelling the US opioid crisis. Plus, the FT’s Eric Platt explains how three Wall St banks, Morgan Stanley, Goldman Sachs and JPMorgan Chase, dominate advising on tech IPOs, and why that grip might be u...
Thursday, May 23
May 23, 2019 04:01 - 8 minutes - 11.7 MBConservative MPs expect UK Prime Minister Theresa May to resign or be forced out of office within days, sources tell the FT that Tyson Foods, the largest US meat packer, is in talks over a multi-billion dollar investment in Kazakhstan beef production as a back door into China and a US judge rejects President Donald Trump’s efforts to quash subpoenas of his bank records. Hosted on Acast. See acast.com/privacy for more information.
Wednesday, May 22
May 22, 2019 04:01 - 9 minutes - 17.5 MBUK Prime Minister Theresa May offers Labour a deal that includes the possibility of a second EU referendum, Europe’s aviation safety agency sets out strict conditions before it will allow Boeing’s 737 Max aircraft back into the skies and shares in three of the US’s biggest department store chains, Nordstrom, Kohl’s and JC Penney, fell on Tuesday after the companies reported quarterly results short of forecasts. Plus the FT’s Shanghai correspondent Tom Hancock explains why Chinese film produce...
Tuesday, May 21
May 21, 2019 04:01 - 9 minutes - 17.9 MBFederal Reserve chair Jay Powell tempers fears over a corporate debt meltdown, Hungarian Prime Minister Viktor Orban steps up the campaign for the country’s Fidesz party in the days leading up to the European parliamentary elections and the UK’s financial watchdog says the number of crypto and forex fraud claims has more than tripled in the past financial year. See acast.com/privacy for privacy and opt-out information.
Tuesday, May 21
May 21, 2019 04:01 - 9 minutes - 17.9 MBFederal Reserve chair Jay Powell tempers fears over a corporate debt meltdown, Hungarian Prime Minister Viktor Orban steps up the campaign for the country’s Fidesz party in the days leading up to the European parliamentary elections and the UK’s financial watchdog says the number of crypto and forex fraud claims has more than tripled in the past financial year. Hosted on Acast. See acast.com/privacy for more information.
Monday, May 20
May 20, 2019 04:01 - 8 minutes - 12.4 MBUS intelligence chiefs have held a series of classified briefings with American companies and other groups to warn them of the dangers of doing business in China, a small group of US farm operators have received more than half the money from a federal bailout designed to offset the cost of US trade battles and India exit polls point to a clear election victory for prime minister Narendra Modi. Plus, the FT’s Brussels bureau chief, Alex Barker, explains why Europe’s centrist parties might be i...