8 min listen
Missteps at Missfresh
FromFT News Briefing
ratings:
Length:
9 minutes
Released:
Aug 18, 2022
Format:
Podcast episode
Description
Federal Reserve officials discussed the need to keep interest rates at levels that restrict the economy “for some time” in a bid to contain inflation, Short-term UK borrowing costs surged to the highest level since 2008, and Tencent posts its first quarterly revenue fall. Plus, the collapse of Chinese food delivery app, Miss Fresh, could be a cautionary tale for other tech giants in China. Mentioned in this podcast:Fed officials signal restrictive rates may be needed ‘for some time’UK bonds sell off as hot inflation lifts expectations for BoE rate risesTencent hurt by slowing Chinese economy and stalled game approvalsWhat the collapse of Missfresh means for China’s tech sectorJapan’s latest alcohol advice: please drink moreThe FT News Briefing is produced by Sonja Hutson, Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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 Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Released:
Aug 18, 2022
Format:
Podcast episode
Titles in the series (100)
Thursday, October 18: The latest from the EU summit in Brussels, how the Federal Reserve is defying President Donald Trump and why some worry the US president is letting Saudi Arabia off the hook. Plus, a look at Europe's shadow population. by FT News Briefing