FT News Briefing

Bonds are back, baby!

A huge US-based oilfield services company is expanding its Russian business, investors are piling into US treasuries, and US retail sales saw their biggest jump in a year and a half in July. Plus, a decade-long dispute between Coca-Cola and federal tax authorities has escalated to the point that the company could owe $16bn in back payments. Mentioned in this podcast:<a href="https://on.ft.com/3YPBQgH" rel="noopener noreferrer" target="_blank">US oil services group SLB expands in Russia as competitors withdraw </a><a href="https://on.ft.com/3M8ak6w" rel="noopener noreferrer" target="_blank">Investors return to bonds as recession fears stalk markets</a><a href="https://on.ft.com/3YKY8jy" rel="noopener noreferrer" target="_blank">Strong US retail sales raise hopes of ‘soft landing’</a><a href="https://on.ft.com/3M8ajQ0" rel="noopener noreferrer" target="_blank">How a $16bn tax stand-off stays unseen in Coca-Cola’s earnings</a> The FT News Briefing is produced by 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 Monica Lopez. 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/4c67e991-c4a4-4031-9574-b4ad5a977563" 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.