Can Hollywood bounce back?
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 17 January 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
Donald Trump’s Treasury pick Scott Bessent wants to increase sanctions on Russian oil producers, and the FT’s Stephen Gandel unpacks a bumper earnings season from Wall Street’s banks. British companies are buying back their shares at a faster rate than even US groups, and the LA fires are worsening the challenges facing Hollywood.
Mentioned in this podcast:
Donald Trump’s Treasury pick stresses need for tougher sanctions on Russian oil
Donald Trump’s policy pledges unleashing ‘animal spirits’, Wall Street bankers say
UK companies outpace US businesses in share buybacks
Fires prompt soul-searching at Hollywood’s dream factories
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian, Lulu Smyth, 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. |
| 0:33.6 | Good morning from the Financial Times. |
| 0:36.3 | Today is Friday, January 17th, and this is your FT News Briefing. |
| 0:41.6 | We heard more from Donald Trump's pick for Treasury Secretary yesterday, and U.S. banks reported a stellar earning season. |
| 0:51.9 | Plus, we take a look at how big of a hit Hollywood might take from the Los Angeles fires. |
| 0:58.0 | Actors and writers who've been struggling for the last few years may decide, hey, you know, |
| 1:03.8 | I just can't do this anymore. |
| 1:06.8 | I'm Sonia Hudson, and here's the news you need to start your day. |
| 1:20.7 | Music I'm Sonia Hudson, and here's the news you need to start your day. President-elect Trump's nominee for Treasury Secretary appeared in front of the U.S. Senate for his confirmation hearing on Thursday. |
| 1:29.5 | My life has been the only in America story that I am determined to preserve for future generations. |
| 1:37.5 | Scott Bessent outlined his thinking on things like tax cuts, tariffs, and trade. |
| 1:42.8 | The Treasury Department plays a critical role in protecting American national security. |
| 1:49.0 | We must secure supply chains that are vulnerable to strategic competitors, and we must carefully |
... |
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