Ships are altering course as the US Navy’s blockade of the Strait of Hormuz continues into its third day, and PwC plans to overhaul its global consulting business. Plus, insurers are turning to catastrophe bonds to cover data centres, and AI chatbots aren’t a substitute for doctors when it comes to medical diagnoses.

Mentioned in this podcast:

Strait of Hormuz tankers stop or turn around amid US blockade

Iran war could slow global growth to weakest since pandemic, IMF warns

US pushing Iran to agree 20-year moratorium on nuclear activity

PwC plans overhaul of global consulting business

Insurers turn to catastrophe bonds to offload data centre risks

AI chatbots misdiagnose in over 80% of early medical cases, study finds

Note: The FT does not use generative AI to voice its podcasts

Today’s FT News Briefing was hosted by Sonja Hutson, and produced by Saffeya Ahmed and Victoria Craig. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann and Michael Lello. Our executive producer is Topher Forhecz. Cheryl Brumley 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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PwC plans overhaul of consulting business

FT News Briefing

PwC plans overhaul of consulting business