FT News Briefing

Macron looks for a new PM, again

87 snips
Sep 9, 2025
Rupert Murdoch successfully resolves a media empire dispute, paving the way for a succession plan. Meanwhile, France is once again without a prime minister as President Macron searches for leadership amidst political turmoil. In the U.S., PNC announces the acquisition of FirstBank, emphasizing banking sector shifts. North Cyprus is turning to casinos as a potential economic lifeline, despite concerns over crime and dependence on Turkey, raising questions about the island's future reunification efforts.
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INSIGHT

Murdoch Resolves Succession Fight

  • Rupert Murdoch resolved a long-running succession dispute and named Lachlan as heir to the family's media control.
  • Two siblings keep stakes in News Corp and Fox, while three take a buyout worth over $3bn.
INSIGHT

Another French PM Falls After Confidence Vote

  • François Bayrou lost a confidence vote over deficit-cutting plans, leaving Macron without a prime minister.
  • This is the second PM to fall since Macron's snap elections and an unusual frequency since 1958.
INSIGHT

Macron's PM Search Hampered By Parliament Math

  • Macron faces a hard task finding a suitable PM because parliamentary math and opposition positions are unchanged.
  • He has already tried multiple combinations and must pick a third PM in 12 months.
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