Crunch time for Citi

EU leaders warn Donald Trump not to meddle with the continent’s territories, and Wall Street analysts are betting Citigroup will miss a critical long-term target next week. Indonesia is maintaining its ban on iPhone 16 sales despite Apple's $1bn investment proposal, and China is signing growing numbers of Taiwanese people up for local IDs in a drive to incorporate them into its society.

Mentioned in this podcast:

EU leaders warn Donald Trump not to meddle with Europe’s borders 

Indonesia says $1bn offer from Apple not enough to lift iPhone 16 ban 

Wall Street doubts Citi chief Jane Fraser can hit crucial target 

China’s drive to give Taiwanese visitors local IDs alarms Taipei 

Mexico’s president calls for parts of US to be renamed ‘Mexican America’ 

The FT News Briefing is produced by Niamh Rowe, 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 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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