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🗓️ 2 September 2025
⏱️ 12 minutes
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Israeli banks pressed to give back war profits to customers, Russia denies GPS jamming of an European commission jet, and Chinese manufacturer Xiaomi takes on Tesla and Apple. Plus the trial of a former Brazilian president is coming to a close.
Mentioned in this podcast:
Ursula von der Leyen’s plane hit by suspected Russian GPS interference
Israeli banks plan giveaways after anger over wartime profits
The Chinese gadget maker taking on Tesla and Apple
Today’s FT News Briefing was produced by Josh Gabert Doyon, Marc Filippino, Persis Love, Fiona Symon and Manuela Saragosa. Additional help by David da Silva. Sound engineering by Jean-Marc Eck. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
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| 0:00.0 | For over 40 years, Equinoor has been an energy partner to the UK. |
| 0:04.1 | During that time, we've played our part in the switch from coal to gas, |
| 0:07.1 | and we're working hard to help the UK's energy transition. |
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| 0:16.9 | 99.6% of Equinor's energy output is oil and gas. |
| 0:20.5 | Our investment in renewables and low-carbon solutions |
| 0:22.9 | has increased from 4% in 2020 to 27% in 2024. Find out more at equinor.com. UK. |
| 0:33.3 | Good morning from the Financial Times. Today is Tuesday, September 2nd, and this is your FT News briefing. |
| 0:40.7 | A plane carrying the European Commission president is targeted by suspected Russian GPS jamming. |
| 0:47.7 | Israeli banks face criticism for record wartime profits, and Chinese manufacturer Xiaomi is vying to compete with Tesla and Apple. |
| 0:57.3 | I'm Josh Gabbarduoyant, and here's the news you need to start your day. |
| 1:08.7 | Officials suspect Russia is behind GPS interference on a plane-carrying European Commission President Ursula von Lyon. |
| 1:17.3 | The plane, which was flying to Bulgaria, was forced to land using paper maps. |
| 1:22.8 | GPS navigation services on the aircraft had been disabled, and these attacks seemed to be on the rise. |
| 1:28.9 | My colleague Henry Foy was actually on the plane with Vondylion. He's been accompanying her on a tour, |
| 1:34.6 | and he joins me now down the line from an airbase in Romania. Hi, Henry. Hi, Josh. So tell me |
| 1:40.9 | exactly what happened. What was it like to be on that plane? |
| 1:52.0 | So President von der Leyen was on a seven-country four-day tour of frontline states of the EU. |
| 1:57.4 | These are states of the east of Europe, close to Russia. And the trip was designed to bring attention to the threat posed by Russia and the need for European governments to spend more on defense. |
| 2:02.6 | We were flying from Warsaw to a city called Plovdiv in central Bulgaria on a charter jet that the |
| 2:09.2 | commission president had chartered for this purpose. And on the approach to Plovdiv, we lost altitude. |
... |
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