Nvidia’s third-quarter income virtually doubled from a 12 months in the past, and UK inflation accelerated in October as power costs rose. Disgraced Archegos founder Invoice Hwang is sentenced to 18 years in jail for fraud, and China has ready highly effective countermeasures to retaliate in opposition to US corporations if president-elect Donald Trump reignites a commerce struggle.
Talked about on this podcast:
Nvidia revenue nearly doubles as AI chip demand remains strong
UK inflation accelerates sharply to 2.3% in October
More growth, inflation and uncertainty: the BoE’s Budget verdict
Archegos’s Bill Hwang sentenced to 18 years in prison
China arms itself for potential trade war with Donald Trump
The FT Information Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Further assist from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s government producer. The FT’s world head of audio is Cheryl Brumley. The present’s theme tune is by Metaphor Music.
