EU policy could ice out closest trading partners

Saudi Arabia’s sovereign wealth fund has replaced the chief executive at one of the country’s flagship real estate mega-projects, and global issuance of zero-interest convertible bonds is on track for a record year. Plus, the EU’s closest economic partners are worried about Brussels’ increasingly protectionist policies, and Britain’s Prime Minister Andy Burnham sought to calm corporate nerves in an interview with the FT.

Mentioned in this podcast:

Saudi Arabia shakes up flagship real estate project

Zero-interest convertible bonds set for record year

EU industrial push strains ties with Switzerland and Norway

Andy Burnham pledges to ‘take pressure off’ business ahead of October Budget

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The FT News Briefing is produced by Victoria Craig, Sonja Hutson, and Saffeya Ahmed. Our show is mixed by Sam Giovinco and Kelly Garry. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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