Argentina emerged from a severe recession in the third quarter, Microsoft buys twice as many of Nvidia’s chips as any of its largest rivals, KPMG narrows the gap with the other Big Four firms, and Huawei sets sights on becoming a big supplier to the electric car industry. Plus, pub chains express frustration over shortages of Guinness in the run-up to Christmas.

Mentioned in this podcast:

Microsoft acquires twice as many Nvidia AI chips as tech rivals

Argentina’s economy exits recession in milestone for Javier Milei

KPMG outpaces Big Four rivals as audit and tax units shine

‘A different animal’: inside Huawei’s nascent EV business

Diageo ‘better get brewing’, says Wetherspoons head amid Guinness shortage

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.

Read a transcript of this episode on FT.com

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Javier Milei scores Argentina economy win

FT News Briefing