Does the Olympic business model still work?
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 20 March 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
The Federal Reserve is still in wait-and-see mode, a handful of technology start-ups are expected to go public next month, and Turkish police have detained the main political challenger to President Recep Tayyip Erdoğan. Plus, the campaign for International Olympic Committee president has shone a harsh light on the organization’s business model.
Mentioned in this podcast:
Federal Reserve cuts US growth forecast as Trump’s policies weigh on outlook
Tech groups boost IPO revival hopes despite market tumult
Turkish police detain Erdoğan’s main political rival
Does the Olympic business model still work?
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, 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
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 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. |
| 0:33.5 | Good morning from the Financial Times. |
| 0:35.5 | Today is Thursday, March 20th. |
| 0:38.9 | And this is your FT News briefing. |
| 0:46.8 | The Federal Reserve is still in wait and sea mode, and tech companies are going public despite a tough market. |
| 0:54.5 | Plus, the International Olympic Committee is voting for a new president today, and that might mean big changes for the games. |
| 1:00.6 | There are a lot of questions about whether or not the Olympics business model has really been keeping up with the times. |
| 1:04.1 | I'm Mark Filipino, and here's the news said the central bank, quote, need not be in a hurry to shift rates because of elevated uncertainty. |
| 1:25.8 | You see, the Fed also cut its economic growth forecast for the year, and it says that its |
| 1:30.4 | progress on lowering inflation has stalled for now. |
| 1:34.0 | Powell said that U.S. President Donald Trump's policies have affected the central bank's outlook, |
| 1:38.8 | but it's unclear how much of the inflation pressures are because of tariffs. |
| 1:43.1 | Even with higher inflation expectations, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.