Companies on the S&P 500 index are expected to report a 6.8 per cent decline in first-quarter earnings, Eli Lilly’s CEO told the Financial Times that Europe may miss out on new drugs if it pushes ahead with legislation reducing the time period for market exclusivity, and Russians are in a new era of fear and distrust as President Vladimir Putin’s regime encourages citizens to inform on members of their community.

Mentioned in this podcast:

US companies face biggest decline in profits since Covid shutdowns

Eli Lilly warns that EU will miss out on key drugs under planned changes to rules

‘Total distrust’: rise of the Russian informers

Behind the Money: Night School

Credit: The Telegraph: Russians spit out 'scum and traitors' like flies, Putin warns West

Credit: Tupperware Brands 1961 Tupperware Commercial

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by 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.

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