Wall Street’s ‘sigh of relief’ over Trump’s Treasury pick
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 25 November 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
Huawei is poised to launch its first flagship phone that can run its own apps, and Donald Trump’s nominee to run the Treasury is seen across Wall Street and Washington as a pragmatic pick. COP29 has produced a new global finance deal against considerable odds, and the FT’s Michael Stott warns that the US is being eclipsed by China in Latin America.
Mentioned in this podcast:
Huawei to launch flagship smartphone with breakthrough software
‘Sigh of relief’: Wall Street welcomes Donald Trump’s pick of Scott Bessent for Treasury secretary
Climate multilateralism clings on, just
Joe Biden loses to Xi Jinping in battle for Latin America
Credit: BBC, AP
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. |
| 0:33.7 | Good morning from the Financial Times. |
| 0:36.1 | Today is Monday, November 25th, and this is your FT News Briefing. |
| 0:41.1 | Huawei is getting ready to launch a smartphone with all Chinese software, and the world has just barely come together to support climate finance. |
| 0:51.4 | Plus, we look at how China is winning friends and influencing people in Latin America. |
| 0:57.4 | Its companies have been buying up strategic stakes and investing in strategic projects across the |
| 1:03.1 | region. I'm Kasha Bursalian, and here's the news you need to start your day. Huawei has a new operating system and it's turning heads. |
| 1:18.6 | We'll get a proper look on Tuesday when the Chinese tech giant launches its latest flagship |
| 1:24.3 | phone. |
| 1:25.4 | The device will run on something called Harmony OS Next and will have |
| 1:29.7 | all its own native apps. That's a major development for Huawei and gets it closer to competing |
| 1:35.4 | with Apple's iOS and Google's Android systems. The turning point is also a sign of how US sanctions |
| 1:42.8 | may have actually helped the company advance. |
... |
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