Russian gas projects face sanctions

FT News Briefing

Forhecz Topher

News, News & Politics, Daily News

4.4 • 1.2K Ratings

🗓️ 28 January 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple posted record revenue of $123.9bn in the holiday quarter, and investors had a tough time gauging the Federal Reserve’s hawkish tone, the UK’s new information watchdog says he wants the country to take the lead on holding Big Tech to account in a post-Brexit Britain free of cumbersome European data rules.

Plus, the FT’s European diplomatic correspondent, Henry Foy, reports that western countries are threatening Russia with new sanctions if it invades Ukraine.

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Mentioned in this podcast:

Apple’s holiday quarter revenue hits record despite supply chain worries

EU and UK plan sanctions on new Russian gas projects if Ukraine attacked

‘No more Mr Nice Guy’: Fed chair signals tougher stance on inflation

UK seeks leadership role in global privacy, says new watchdog head

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by David, da Silva, Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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Transcript

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0:00.0	The FT News Briefing is supported by Equinole, the UK's energy partner.
0:06.3	Learn more at equinole.co.uk
0:09.8	Good morning from the Financial Times.
0:11.3	Today is Friday, January 28th.
0:13.5	This is your FT News Briefing.
0:18.7	The EU and the UK are preparing sanctions on Russia's gas industry.
0:22.7	Russia says that'll just backfire.
0:25.1	Russia says that all sanctions are effectively stupid and ridiculous because all they do
0:29.7	is hurt the European and Western countries.
0:33.0	And the UK has a new information watchdog.
0:35.8	He's from New Zealand and he's got ambitious ideas about Britain's role in global tech regulation.
0:41.5	And Apple posted record revenues last quarter.
0:44.2	We'll give you the details.
0:45.8	I'm Mark Filipino and here's the news you need to start your day.
0:48.8	Apple
0:56.2	Apple swept away supply chain worries and posted record revenues last quarter.
1:00.5	They were up 20% from the previous year, beating Wall Street expectations.
1:04.9	Apple can largely thank its iPhone.
1:07.1	It made up nearly 60% of total revenues.
1:09.8	In the US market, the top five smartphones are all iPhones,
1:12.8	as were the top four in urban China.
1:15.6	Appstore purchases jumped nearly 25% wearables like AirPods also rose.
	...

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