The UK plans to introduce a lighter regulatory regime for private equity and hedge funds, and Italy may block an EU plan to respond to US President Donald Trump’s tariffs. Plus, popular ‘private browsing’ apps hosted by Apple and Google may violate American sanctions, and the trade war has triggered the biggest sell-off in the US junk bond market since 2020.
Mentioned in this podcast:
Apple and Google app stores host VPNs linked to sanctions-hit Chinese group
Britain to dilute rules for private equity and hedge funds
Meloni under pressure to back EU ‘bazooka’ against Trump tariffs
Tariffs spark US junk bond sell-off as recession risk mounts
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, 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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https://www.ft.com/content/21f41481-0c08-44bb-aaca-78db32172a58
