Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) China's central bank ramps up rate cuts as the economy weakens.

(2) Jerome Powell says there is near consensus on the need for 'some' further Fed hikes.

(3) Citigroup's CFO warns job losses will cost the bank $400 million.

(4) And WE Soda scraps it's London IPO, citing "extreme investor caution".