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The Latest Breaking News from the Financial Times

The Stellantis-Renault Merger Isn't Happening, Despite Rumors

With 14 car brands under its corporate umbrella, Stellantis is already an automotive juggernaut. Renault isn’t exactly small either, considering it owns the sports car brand Alpine and the budget automaker Dacia. Despite reports suggesting a potential tie-up, the two aren’t looking to join forces. Speaking at the Financial Times'…

Motor1

Salesforce CEO claims Microsoft's OpenAI partnership is in the crosshairs with "a full proximal rupture" that can't be mended

Salesforce CEO Marc Benioff claims there's a "huge breach between Microsoft and OpenAI", claiming it's about to rupture and nothing will put it back together.

Windows Central

PwC Axes 1,500 US Jobs While Splashing Millions on 'Pointless' Rebrand

Global accounting giant PwC is facing criticism for laying off 1,500 US employees while simultaneously undertaking a costly brand refresh.

International Business Times UK

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Bill Gates Speeds Up Giving Away Fortune, Blasts Musk

Microsoft co-founder Bill Gates announced Thursday an accelerated timeframe for giving away his fortune as he touted artificial intelligence as a game-changer to boost public health and save lives globally.

International Business Times

Bill Gates says his Foundation will close in 2045 and decries Musk for USAID cuts

Microsoft co-founder accuses Trump ally of involvement in ‘killing the world’s poorest children’ by slashing US aid funding

The Guardian - US

Splice acquires Spitfire Audio in rumoured $50m deal

The two companies plan to work together on new products that "blend Spitfire Audio’s cinematic soundscapes and orchestral expertise with Splice’s sample catalog and AI-powered discovery engine"

MusicRadar

China seizes control of disputed reef and plants national flag near Philippine military base

Chinese media says coastguard units entered remote sandbank, known in China as Tiexian Reef, ‘to exercise sovereignty’

The Independent UK

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Apple's Shift of US iPhone Assembly to India Marks a Strategic Blow to China, But How?

Apple's reported plan to shift all US-bound iPhone assembly to India as early as next year marks a significant strategic move to reduce reliance on China.

International Business Times UK

Investment bankers forced off beach as Citi shuts Málaga office

Economic headwinds may force junior employees to prioritize job security over work-life balance.

Fortune

Charge homeowners with swimming pools and big gardens more for water, industry urges

Under Water UK’s suggestion, frugal users would be rewarded with cheaper pricing per unit, while excessive users would be forced to pay more

The Independent UK

Dozens of members of UK Jewish body facing disciplinary action over criticism of Israel

Members of Board of Deputies who signed open letter about war in Gaza are now ‘subject to a complaints procedure’

The Guardian - UK

Wednesday briefing: Can the latest ceasefire talks in London break the stalemate in Ukraine?

In today’s newsletter: As world leaders gather in the UK this week, any hope of breaking the deadlock when Russia and Ukraine refuse to compromise could mean the US walks away

The Guardian - UK

Binance is helping governments establish crypto regulations and national Bitcoin reserves

Binance has been asked by “quite a lot” of countries to help develop regulatory frameworks for crypto.

Fortune

Ryanair boss issues warning over Trump’s tariffs for aviation industry

Ryanair is due to receive another 25 aircraft from Boeing – though they could be delayed

The Independent UK

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Barchart

Stocks Recover on a Report the Fed Is Ready to Stabilize Markets

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.89%. June E-mini S&P futures (ESM25 ) are up +1.84%, and June E-mini Nasdaq futures...

Fortune

Germany topples giant ‘Zero’ monument symbolizing fiscal prudence as new government embraces debt

Germany has erected monuments to smashing debt all over the country, but as spending rises, some are starting to come down.

Fortune

Canada is duking it out with SpaceX, insisting Starlink doesn't need millions in subsidies: 'We should not be giving one cent of public money to an unaccountable imperialist like Elon Musk'

There has been an apparent Canada-wide rebuke of the world's richest man since joining Donald Trump's administration.

Latin Times

Mega Republican Donor Slams Trump Tariffs as 'Bulls--t': 'I Don't Understand the Goddamn Formula'

Top GOP donor Ken Langone and other billionaire allies have slammed President Donald Trump's steep tariffs as reckless and inflationary.

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Euronews

Fact check: The Baltics aren't against a ceasefire in Ukraine

Claims that the Baltic states no longer support a ceasefire appear to stem from a misinterpretation of an article by the Financial Times.

Evening Standard

What the papers say – April 2

Donald Trump’s tariff crackdown and its potential impact on the UK lead Wednesday’s front pages.

Evening Standard

What the papers say – April 1

US tariffs and the conviction of French politician Marine Le Pen are among the top stories in Tuesday’s newspapers.

International Business Times UK

L'Oréal CEO Urges Trump To Exempt Beauty Products From Tariffs Amid Global Trade Tensions

'If there is this tit-for-tat thing on beauty, it's going to penalise Europe much more than American businesses and companies,' he said.

Evening Standard

What the papers say – March 28

The King’s admission to, and discharge from hospital leads Friday’s front pages.

Tom’s Hardware

Ex-Intel CEO Gelsinger warns TSMC's $165B investment will not restore U.S. semiconductor leadership

Although TSMC will build an R&D facility in the U.S., its core R&D will remain in Taiwan, so the U.S. will keep following Taiwan even after TSMC builds out its Fab 21 site with six fab modules and two packaging facilities, says former CEO of Intel.

International Business Times

Oxylabs' Project 4β Scales Up with Elite Partners for Social Impact

Founded in 2015, Oxylabs has evolved into a worldwide leader in web intelligence, serving dozens of Fortune Global 500 corporations and garnering plaudits as Europe's fastest-growing web intelligence acquisition firm on the Financial Times' FT 1000 list for three consecutive years (2022–2024).

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