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Huawei is poised to launch its first flagship phone that can run its own apps, and Donald Trump’s nominee to run the Treasury is seen across Wall Street and Washington as a pragmatic pick. COP29 has produced a new global finance deal against considerable odds, and the FT’s Michael Stott warns that the US is being eclipsed by China in Latin America.

Mentioned in this podcast:

Huawei to launch flagship smartphone with breakthrough software

‘Sigh of relief’: Wall Street welcomes Donald Trump’s pick of Scott Bessent for Treasury secretary

Climate multilateralism clings on, just

Wall Street’s ‘sigh of relief’ over Trump’s Treasury pick

FT News Briefing