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The Latest Breaking News from the Financial Times

Stocks Finish Mostly Higher Despite a Plunge in Intel

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.34%. March E-mini S&P futures (ESH26 ) rose +0.02%, and March E-mini Nasdaq futures...

Barchart

Stocks Recover on Strength in Megacap Tech and Consumer Sentiment

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.62%. March E-mini S&P futures (ESH26 ) are up +0.21%, and March E-mini Nasdaq futures...

Barchart

EU Mulls Tariffs and Market Restrictions on US in Response to Greenland Threat

EU considers $108B in tariffs and market restrictions on the U.S. after Trump's Greenland threats, raising trade tensions.

International Business Times

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First Venezuelan Oil Sale Under Trump Plan Went to Major Campaign Donor's Firm

The first U.S.-brokered sale of Venezuelan crude under President Donald Trump's new energy plan went to Vitol, a global oil trading firm whose senior U.S.-based trader has been a major donor to Trump's re-election campaign.

International Business Times

EU ‘demands Farage clause’ in Brexit reset talks with Starmer

The deal reportedly includes a termination clause that would require Britain to pay out if it left the agreement

The Independent UK

Where is the Trump phone? Golden iPhone rival misses another release date – as experts suggest it may never arrive

The Trump Mobile T1 Phone still hasn’t shipped and its future appears to be uncertain.

TechRadar

China Hack Targets US Congress Emails, Raising Fresh Fears Over Lawmakers' Security

Chinese hackers, known as Salt Typhoon, have reportedly breached email systems used by aides on influential US House committees.

International Business Times UK

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Cyclist shares CCTV footage of her brutal Lime bike accident as warning to riders jumping red lights

Gabby Stonkute hopes that by sharing the footage of her crash she will discourage other cyclists from making ‘reckless’ decisions

Evening Standard

Apple Vision Pro production reportedly cut due to underwhelming sales — here's what we know

After heavy investments in the Vision Pro, Apple is walking back its spending a bit.

Tom’s Guide

Traditional Banks Now Racing To Acquire Crypto Firms—Here's Why They Can't Wait

Crypto dealmaking hits record $8.6bn in 2025. Financial Times analysis reveals how Trump's regulatory shift and traditional finance entry trigger M&A surge.

International Business Times UK

Nvidia’s CEO is named Financial Times’ 2025 Person of the Year. Who is Jensen Huang?

AI leaders and executives have dominated lists for most influential people of 2025. The latest, Nvidia CEO Jensen Huang, was named Person of the Year by the Financial Times.

Euronews

Trump Will Let Nvidia Sell Chips to China, the Feds Will Keep 25 Percent of the Profits. Here's the Downside.

Why make the government a middleman in the chip war?

Reason

What's Going On With Nvidia Stock Today?

NVIDIA Corp (NASDAQ:NVDA) shares closed higher Thursday as investors weighed fresh Washington scrutiny of the chipmaker's China business against still-robust AI demand.

Benzinga

Alibaba and ByteDance Move AI Training To Southeast Asia To Bypass US Nvidia Ban

Chinese tech giants Alibaba and ByteDance are moving AI training to Southeast Asia to skirt US bans on top-tier Nvidia chips.

International Business Times UK

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International Business Times UK

G20 Leaders Defy Trump Boycott as Ramaphosa Secures Landmark Johannesburg Declaration on Climate and Debt

G20 leaders advance climate, debt and mineral reforms in Johannesburg despite President Trump's boycott, as Ramaphosa celebrates Africa's first G20 summit.

Tom’s Hardware

Taiwan set to avoid 'punishing' 300% tariffs on semiconductor exports, says report — new trade deal could spur $400 billion investment commitment from island nation

A senior Taiwanese ministry official said the U.S. will not put tariffs on its chip exports in exchange for helping Washington, D.C., copy its science park model for tech companies.

The Independent UK

What is in Trump’s controversial ‘secret peace plan’ to end the Russia-Ukraine war?

European officials have said the US president’s new 28-point peace plan is a ‘capitulation’

International Business Times UK

John Ternus In, Tim Cook Out? Apple 'Prepares' Leadership Shake-Up Despite 'Record Revenue'

Apple is reportedly 'intensifying preparations' for CEO Tim Cook to step down, with hardware chief John Ternus as the likely successor.

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Fortune

Apple is ramping up succession plans for CEO Tim Cook and may tap this hardware exec to take over, report says

John Ternus, Apple's senior VP of hardware engineering, could take control of the company as soon as next year, sources told the Financial Times.

The Independent UK

Income tax – live: Markets spooked after Reeves U-turn on major Budget tax increase

Chancellor reported to have abandoned plans over fears they could anger both voters and backbench Labour MPs

The Independent UK

Despairing economists warn Reeves’s income tax U-turn will make system ‘too complicated’ – and will wipe out buffer zone

The chancellor has ditched plans to increase income tax, leading to fears she will not be able to create the buffer zone needed to protect the UK from economic shocks next year

Evening Standard

Government borrowing costs rise in wake of income tax U-turn speculation

Reports that the Chancellor has scrapped her plans to raise income tax at the Budget has sparked a sell-off in UK Government bonds.

Evening Standard

Reeves not ‘playing fast and loose with people’s money’ amid tax U-turn reports

Culture Secretary Lisa Nandy would not be drawn into speculation that Ms Reeves has abandoned plans for the manifesto-breaking tax hike.

Evening Standard

Reeves dumps plan to raise income tax in screeching Budget U-turn sending spooked markets into slide

Chancellor abandons plans to raise income tax over fears they could spark a huge backlash among voters and backbench Labour MPs

The Independent UK

Rachel Reeves to ditch plan to raise income tax in Budget

Chancellor set to abandon income tax hike plan amid fears move could anger voters

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