Ukraine strikes Russia with US missiles
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 20 November 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
Bridgewater is joining forces with State Street’s asset management arm to offer an ETF, Ukraine has struck a military target inside Russia using US-made long-range missiles for the first time, and Walmart’s third-quarter revenue beat forecasts. Plus, Asia’s arms makers and naval shipbuilders are leading a global surge in defence stocks.
Mentioned in this podcast:
Bridgewater opens strategy to retail investors through State Street ETF
Ukraine strikes Russia with US-made long-range missiles for first time
Walmart raises guidance as it beats third-quarter forecasts
Asian arms makers lead defence stock rally in bet on global rearmament
Thames Water dumps 104bn litres of sewage ahead of new tunnel opening
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian 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
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Transcript
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| 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. |
| 0:33.1 | Good morning from the Financial Times. |
| 0:35.7 | Today is Wednesday, November 20th, and this is your FT News Briefing. |
| 0:41.1 | Bridgewater is partnering with State Street on a new ETF, and both the West and Russia are upping |
| 0:48.2 | the ante in Ukraine. |
| 0:50.5 | Plus, Asian defense stocks are booming this year. |
| 0:54.5 | I'm Sonia Hudson, and here's the news you need to start your day. |
| 1:08.5 | The hedge fund Bridgewater is teaming up with State Street's asset management arm. |
| 1:14.9 | They'll be offering an exchange traded fund dubbed the All-Weather Fund. |
| 1:20.1 | It basically has a huge range of assets that are meant to profit under a lot of different market conditions. |
| 1:27.1 | The deal still has to be approved by |
| 1:28.8 | U.S. regulators, though. Traditional asset managers like State Street have been rushing to strike |
| 1:34.9 | agreements with big names in alternative assets. KKR has recently cozied up to Capital Group, |
... |
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