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The Latest Breaking News from FT

Santander is reconsidering its presence in the U.K., FT says

The Spanish lender is reportedly exploring a range of options, including keeping the business, and no deal is imminent.

Fortune

Major high street bank ‘considering quitting the UK’ after two decades

Santander already announced it was cutting more than 1,400 jobs across its UK business

The Independent UK

Trump's Deportation Plans May Shift Migratory Flows Away From The U.S. And to Europe, Study Says

The issue adds pressure on Europe's current migration challenges, a top priority for EU leaders, with several member states pushing for stricter measures

Latin Times

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Amazon's upcoming Alexa AI brain transplant might make you use it for more than just weather and timers

Amazon plans an AI revamp for Alexa.

TechRadar

French and Danish shipyards ‘fixing Russian gas tankers’

Damen shipyard in Brest, France, and Fayard A/S in Denmark have provided maintenance works to Russian liquefied natural gas (LNG) tankers

The Independent UK

CEOs react to Zuckerberg’s message to Trump

Also: Trump considers "state of emergency," eBay stock soars on Facebook news.

Fortune

SoftBank’s Masayoshi Son chases Nvidia

Also: Meta takes censorship memo from X, Nvidia trounces competitors in market cap, optimism about M&A.

Fortune

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‘Economically dynamic India is Manmohan Singh’s legacy’: Financial Times chief economics commentator

British outlet Financial Times’ chief economics commentator Martin Wolf has termed “today’s economically dynamic India” as former prime minister Manmohan Singh’s legacy.

Newslaundry

Chinese cloud giants bought more of Nvidia's flagship AI chips than anybody else - except Microsoft

Tencent and ByteDance seriously outspent the likes of Google, Meta and Amazon.

TechRadar

Crispin Odey suing Financial Times for £79m in libel damages, documents show

Mr Odey is suing the publication over allegations that he had sexually assaulted multiple women, which he denies.

The Independent UK

Crispin Odey suing Financial Times for £79million in libel damages, documents show

Mr Odey is suing the publication over allegations that he had sexually assaulted multiple women, which he denies

Evening Standard

De Beers is sitting on a $2 billion pile of diamonds as demand slumps — 'It's been a bad year'

The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times.

Fortune

Farage: Badenoch must apologise for ‘crazy conspiracy theory’ on Reform numbers

Tory leader Kemi Badenoch has accused Reform UK of ‘fakery’ over its membership data.

Evening Standard

Stocks Set to Open Higher as Investors Assess Fed’s Rate Cut Outlook, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.12%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.48% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week.

Barchart

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Barchart

Stocks Set to Open Higher as Investors Recalibrate Fed Rate Cut Bets, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.16%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.28% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week.

Fortune

A forever bond issued 400 years ago still pays interest. Here's how much the holder just got

On Dec. 10, 1624, a Dutch water authority sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, promising to pay 2.5% interest in perpetuity.

Fortune

Billonaire calls for CEOs to be paid like footballers, despite earning double them

Lord Michael Spencer says U.K. CEOs need to earn more to retain the best talent.

The Guardian - UK

Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November

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news in one place.

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The Guardian - UK

Wednesday briefing: What Jaguar’s radical rebrand reveals about the shift to electric cars

In today’s newsletter: The iconic British carmaker has been accused of going ‘woke’ after releasing an electric model in pink, upsetting petrol heads and traditionalists everywhere

Tom’s Hardware

U.S. ratchets up sanctions to curtail China's AI and military tech — no more HBM memory for China

U.S. sanctions designed to restrict China's ability to import technologies to advance of its AI and military capabilities have been strengthened for the third time.

Fortune

Wall Street may now have to take Trump literally as the battle for Treasury secretary focuses on a centerpiece campaign pledge

Trump's advisers are seeking assurances from the top Treasury candidates that they are committed to his aggressive tariffs, sources told the FT.

Fortune

'Roaring 20s' on Wall Street could extend into the 2030s after Republican sweep, market veteran says

"We're sticking with our investment recommendation to Stay Home rather than to Go Global. In other words, overweight the US in global stock portfolios."

Tom’s Hardware

TSMC to stop supplying advanced AI processors for all of its China customers: Report

After accidentally producing AI chiplet for Huawei via proxy, TSMC is reportedly set to suspend production of advanced AI processors for all of its Chinese customers.

Fortune

RFK Jr. could play a big role under Trump—and Big Pharma is sounding the alarm

One senior executive from the healthcare sector told the Financial Times his influence on policy would be “awful on a lot of levels."

Fortune

Meta's plans to build a new, nuclear-powered data center for AI fell through because of rare bees

Meta's plans for a new data center were scuttled by environmental complications.

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