Money Talks: GiAnt of finance
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 6 October 2020
⏱️ 26 minutes
🧾️ Download transcript
Summary
Ant Group, the world’s biggest fintech platform, is preparing for a record-busting IPO. Is it a glimpse of the future of finance? Suzanne Clark, president of the US Chamber of Commerce, tells us how she thinks the elections will reshape America Inc. And, another Bond-film cliffhanger: can cinemas survive until the latest one shows up? Simon Long hosts
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Transcript
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| 0:00.0 | Have you heard about the city's best kept secret, investment trusts? |
| 0:04.0 | At Fidelity, you'll discover six of them. |
| 0:06.7 | We have a global team looking out for your next big opportunity, |
| 0:10.0 | but it won't stay a secret much longer. |
| 0:11.9 | Download our free guide to find out more at Fidelity.co. |
| 0:15.0 | UK slash secret. |
| 0:17.0 | The value of investments can go down as well as up so you may get back less than you invest. |
| 0:20.0 | This is not a personal recommendation and if you're unsure about the suitability of an investment speak to an authorized financial advisor issued by Financial Administration Services Limited, authorized and regulated by the Financial Conduct Authority. Ant Group, a giant Chinese FinTech is preparing for a record-busting IPO. |
| 0:41.3 | Could it provide a glimpse of the future of finance? |
| 0:44.0 | You're listening to Money Talks on Economist Radio, our weekly podcast on the markets, the economy, |
| 0:50.0 | and the world of business. |
| 0:51.0 | I'm Simon Long, an editor at The Economist, and coming up on |
| 0:55.2 | today's show, the president of the US Chamber of Commerce on how the election |
| 0:59.5 | will reshape America, Inc. The question will be whether we're on offense or defense depending on who's in the |
| 1:05.8 | White House, who's in the Senate, and who's in the Congress. |
| 1:08.4 | And delay to the new James Bond film deals a painful blow to the cinema industry. |
| 1:13.0 | At the start of the pandemic, the difficulty for cinemas was persuading moviegoers |
| 1:16.8 | that it was safe to go back to the auditorium. |
| 1:19.2 | But the difficulty now is persuading studios to send their films. |
| 1:23.0 | But first, in 2008, |
| 1:28.0 | in 2008, Jack Maher, a former teacher who founded e-commerce giant Alibaba, made headlines with an ultimatum. |
| 1:38.0 | Lamenting how hard it was for small businesses to get loans, he warned, |
... |
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