FT News Briefing

UK inflation creeps back

Nvidia’s third-quarter revenue almost doubled from a year ago, and UK inflation accelerated in October as energy prices rose. Disgraced Archegos founder Bill Hwang is sentenced to 18 years in prison for fraud, and China has prepared powerful countermeasures to retaliate against US companies if president-elect Donald Trump reignites a trade war. Mentioned in this podcast:<a href="https://on.ft.com/3OpJlo1" rel="noopener noreferrer" target="_blank">Nvidia revenue nearly doubles as AI chip demand remains strong</a> <a href="https://on.ft.com/3Z57kOC" rel="noopener noreferrer" target="_blank">UK inflation accelerates sharply to 2.3% in October</a> <a href="https://on.ft.com/490Gqfl" rel="noopener noreferrer" target="_blank">More growth, inflation and uncertainty: the BoE’s Budget verdict</a><a href="https://on.ft.com/4fWB0Ed" rel="noopener noreferrer" target="_blank">Archegos’s Bill Hwang sentenced to 18 years in prison</a> <a href="https://on.ft.com/3ARyAYy" rel="noopener noreferrer" target="_blank">China arms itself for potential trade war with Donald Trump</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 Joseph Salcedo. 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/c6d041d0-108e-4153-afd8-2ddbedefdacf" 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.