UK employers cut back hiring over labour and tax cost fears, and Ukraine and its European allies worry about US President Donald Trump’s summit with Russian President Vladimir Putin. Plus, HSBC is weighed down by woes in the Hong Kong commercial property market, and India’s huge IT sector is scrambling to counter the threat of artificial intelligence.

Mentioned in this podcast:

UK employers cut back hiring over labour and tax cost fears

Donald Trump to meet Putin in Alaska as he signals Ukraine may need to cede land

European allies back Ukraine’s borders after Donald Trump floats land swap with Russia

HSBC flags 73% of Hong Kong commercial property loans as risky

India’s IT services giants race to reinvent themselves for the AI age

Today’s FT News Briefing was produced by Ethan Plotkin, Jess Smith, Sonja Hutson, Fiona Symon, and Marc Filippino. Additional help from Alex Higgins and Peter Barber. Our acting co-head of audio is Topher Forhecz. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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Trump tries for a Ukraine peace deal

FT News Briefing

Trump tries for a Ukraine peace deal