Stronger than expected online sales helped Amazon beat Wall Street expectations for last quarter, and the Bank of England raised interest rates for the 14th time in a row. Plus, the FT’s Christopher Miller explains the strategy behind a series of drone attacks on Moscow.

Mentioned in this podcast:

Amazon’s cost-cutting and online sales lift earnings

Apple profits rise as services arm surpasses 1bn users

Bank of England raises interest rates by 0.25 percentage points

Treasury yields keep climbing after US increases borrowing plans

FT Weekend festival promo code: FTPodcast

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from 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.

Read a transcript of this episode on FT.com

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Bank of England continues interest rate rise campaign

FT News Briefing

Bank of England continues interest rate rise campaign