Arm and Qualcomm head to court
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 16 December 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
Germany’s Olaf Scholz is expected to lose a confidence vote in parliament on Monday, and Arm and Qualcomm’s bitter legal feud over chip design licensing is heading to trial. The London Stock Exchange is on course for its worst year for departures since the financial crisis. Plus, investors’ appetite for juicy returns has triggered a big boom on Wall Street in complex financial products.
Mentioned in this podcast:
Olaf Scholz faces confidence vote — and hopes to lose it
Wall Street’s complex debt bonanza hits fastest pace since 2007
London Stock Exchange suffers biggest exodus since financial crisis
Chip groups Arm and Qualcomm square off in high-stakes US trial
‘No political authority’: South Korea’s interim leader faces daunting task
Send us your questions for Swamp Notes! Write to ethan.plotkin@ft.com.
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | Equinore.co.uk. |
| 0:31.3 | Before we start the show today, I wanted to let you know that we'll be doing a listener Q&A |
| 0:36.7 | on next Saturday's Swamp Notes episode. |
| 0:39.5 | So if you have any burning questions about the 2024 election or Donald Trump's second term, |
| 0:46.0 | send them to our producer at ethan.plotkin at ft.com. We'll also have his info in the show notes. |
| 0:57.2 | Good morning from the Financial Times. |
| 0:59.9 | Today is Monday, December 16th, and this is your FT News Briefing. |
| 1:05.2 | Germany's chancellor has a no-confidence vote on the agenda today, and meanwhile, a high-stakes trial between Qualcomm and |
| 1:13.3 | Arm kicks off. Plus, a rather unusual part of Wall Street is having a standout year. I'm |
| 1:21.8 | Kasha Brousalian, and here's the news you need to start your day. |
| 1:32.3 | Thank you. the news you need to start your day. Olaf Schultz will face Germany's Parliament today for a vote of no confidence. |
| 1:37.6 | The Social Democrat will most likely lose. |
| 1:41.0 | In fact, Schultz is counting on it. |
... |
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