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FT News Briefing

France’s George Floyd moment

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 3 July 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

Apple has been forced to make drastic cuts to production forecasts for the mixed-reality Vision Pro headset, French president cancels a trip to Germany as protests continue in Paris over the police killing of a teenager, and the Nasdaq Composite recorded its best first half of the year since 1983. Plus, the FT’s Taylor Nicole Rogers tells us what resuming student loan payments will mean for borrowers and the larger economy.


Mentioned in this podcast:

Apple forced to make major cuts to Vision Pro headset production plans

Police killing of teenager Nahel reopens old wounds for France’s minorities

France suffers fifth night of rioting sparked by killing of teenager

Nasdaq records best start to year in four decades

Millions of US borrowers brace for the return of student debt payments


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Brian Gutierrez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’ 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

Click on a timestamp to play from that location

0:00.0

The latest episode of the next five podcasts is all about financing net zero.

0:04.6

I speak to Tim Gould, Chief Energy Economist at the IEA.

0:07.6

We're up to $1.7 trillion going into clean energy transition investments this year.

0:13.1

Nick Standsbury, Head of Climate Solutions at LGIM.

0:15.6

We need to put a proper price on all greenhouse gas emissions.

0:19.6

And Eric Werners, SVP and Chief Economist at Equino.

0:23.0

We have to do these things together.

0:24.7

Industry cannot do this alone.

0:26.9

Listen to the full episode wherever you get your podcasts.

0:29.3

Enjoy.

0:30.1

Good morning from the Financial Times.

0:31.6

Today is Monday, July 3rd.

0:33.5

And this is your FT News briefing.

0:38.6

Apple's mixed reality headset is already on rocky ground.

0:43.0

But U.S. stocks?

0:44.7

Well, they're doing much better than expected.

0:47.4

Plus, French President Emmanuel Macron is facing massive protests over the police killing of a teenager.

0:52.9

It will take a look at what the U.S. Supreme Court's decision on student loan forgiveness means for borrowers.

0:58.9

I'm Mark Filipino and here's the news you need to start your day.

1:07.9

Apple made a big stir when it launched its Vision Pro mixed reality headset last month.

1:13.5

But it looks like that rosy picture is fading.

1:17.0

Sources tell the FT that Apple is making a significant cut to its production forecasts for the Vision Pro.

...

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