FT News Briefing

McCarthy ousted as US House Speaker

Kevin McCarthy has been ousted as Speaker of the House of Representatives, the yield on 30-year US Treasuries hit a 16-year peak on Tuesday, India has told Canada to withdraw dozens of diplomats from the country and the Financial Times’ Tom Hale discusses the murky future of China’s Evergrande property group.  Mentioned in this podcast:<a href="https://on.ft.com/3RLWg6Y" rel="noopener noreferrer" target="_blank">Kevin McCarthy ousted as House Speaker by Republican rebels</a><a href="https://on.ft.com/3LKG8P4" rel="noopener noreferrer" target="_blank">‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woes</a><a href="https://on.ft.com/3EZPhzw" rel="noopener noreferrer" target="_blank">India tells Canada to withdraw dozens of diplomatic staff</a><a href="https://on.ft.com/46f99L4" rel="noopener noreferrer" target="_blank">Bond sell-off intensifies as long-term US yields hit 16-year peak</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, 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. <a href="https://www.ft.com/content/35716e4c-ef04-40e1-b705-0c180ff20cb7" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.