FT News Briefing

Imran Khan rises again in Pakistan

EY took on $700mn in debt for its failed “Project Everest” plan, and tech companies are shedding jobs in a pivot to AI. Plus, Shein is seeking Beijing’s approval ahead of its IPO.  Mentioned in this podcast:<a href="https://on.ft.com/48eWsjJ" rel="noopener noreferrer" target="_blank">Pakistan in power vacuum after Imran Khan defies election odds from jail</a><a href="https://on.ft.com/488JtzL" rel="noopener noreferrer" target="_blank">EY took on $700mn in debt for doomed ‘Project Everest’ spin-off plan</a><a href="https://on.ft.com/3OJtIIL" rel="noopener noreferrer" target="_blank">Shein seeks Chinese regulators’ tacit approval for US public offering</a><a href="https://on.ft.com/3SDXLCO" rel="noopener noreferrer" target="_blank">Tech companies axe 34,000 jobs since start of year in pivot to AI</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Mischa Frankl-Duval, Breen Turner, Zach St. Louis, Saffeya Ahmed, 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/2586a6f9-3df5-4ef5-9e30-9abc5cd65c08" 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.