FT News Briefing

Ford loses its grip on the wheel

Nvidia’s record-breaking earnings still somehow disappointed investors, China’s use of the renminbi in cross-border trading is at a record high, and Berkshire Hathaway becomes the first publicly traded US company outside of tech to be valued at $1tn. Plus, Ford’s big plans to boost profits continue to fall short. Mentioned in this podcast:<a href="https://on.ft.com/4dEj0xz" rel="noopener noreferrer" target="_blank">Nvidia revenue more than doubles as demand for AI chips remains strong</a><a href="https://on.ft.com/3T8nFQp" rel="noopener noreferrer" target="_blank">China’s international use of renminbi surges to record highs</a> <a href="https://on.ft.com/3z0mMCv" rel="noopener noreferrer" target="_blank">Warren Buffett’s Berkshire Hathaway surges past $1tn market value </a><a href="https://on.ft.com/3z07gGL" rel="noopener noreferrer" target="_blank">Ford shares have stalled: can CEO Jim Farley steer out of its rut?</a>  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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. <a href="https://www.ft.com/content/c4459e68-97ea-44b1-80fc-b420399b5a87" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.