Nvidia throws rival Intel a lifeline
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 19 September 2025
⏱️ 14 minutes
🧾️ Download transcript
Summary
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 lawsuit
Trump and Starmer at Chequers as it happened: leaders present united front after lavish state visit
BoE holds interest rates at 4% and slows ‘quantitative tightening’
Nvidia to invest $5bn in rival Intel
CREDIT: CBS News
Today’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
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Transcript
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| 0:00.0 | For over 40 years, Equinoor has been an energy partner to the UK. |
| 0:04.1 | During that time, we've played our part in the switch from coal to gas, |
| 0:07.1 | and we're working hard to help the UK's energy transition. |
| 0:10.2 | We may not have all the answers yet, but we're determined to find them. |
| 0:13.5 | Equinor, an energy company, searching for better. |
| 0:16.9 | 99.6% of Equinor's energy output is oil and gas. |
| 0:20.5 | Our investment in renewables and low-carbon |
| 0:22.4 | solutions has increased from 4% in 2020 to 27% in 2024. Find out more at equinor.com. |
| 0:32.3 | Good morning from the Financial Times. Today is Friday, September 19th, and this is your FT News briefing. |
| 0:38.7 | Deutsche Bank's CEO might be caught up in a hefty lawsuit, and Nvidia is sinking a ton of money |
| 0:45.0 | into a rival chip company. Plus, Donald Trump's visit to the UK was a real test for Kier-Starmer. |
| 0:51.5 | How did the Prime Minister do? It was not a defeat. |
| 0:55.7 | There was no mortification. |
| 0:57.6 | There was no humiliation. |
| 0:59.5 | I'm Mark Filipino, and here's the news you need to start your day. |
| 1:09.7 | Deutsche Bank's Chief Executive Christian Saving will be named as one of the defendants in an upcoming multimillion dollar lawsuit. |
| 1:16.2 | That's according to people familiar with the matter. |
| 1:18.5 | The lawsuit from five ex-employees is likely to say that saving oversaw a flawed internal audit. |
| 1:25.0 | That led, in part, to a 2019 conviction of those former employees. |
| 1:30.0 | They were sentenced to more than four years in prison for a scandal involving an Italian |
| 1:34.3 | bank around the audit. The former employees didn't serve jail time, though, and their |
| 1:39.0 | convictions were overturned in 2022. Deutsche Bank said the claims were without merit. The F.T. sources caution, though, |
... |
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