Nvidia throws rival Intel a lifeline

 Deutsche Bank chief executive Christian Sewing is set to be named as a defendant in legal proceedings, UK Prime Minister Sir Keir Starmer and US President Donald Trump did their best to present a united front, and the Bank of England kept interest rates steady. Plus, Nvidia has agreed to invest $5bn in its struggling rival Intel. Mentioned in this podcast:Deutsche Bank chief Christian Sewing set to face multimillion-pound lawsuitTrump and Starmer at Chequers as it happened: leaders present united front after lavish state visitBoE holds interest rates at 4% and slows ‘quantitative tightening’Nvidia to invest $5bn in rival IntelCREDIT: CBS NewsToday’s FT News Briefing was produced by Josh Gabert-Doyon, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kent Militzer, Michael Lello, David da Silva and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.