FT News Briefing

Apple and Qualcomm end their long-standing litigation with a peace deal, bringing relief to both tech giants. Netflix faces a subscriber outlook that fails to impress amidst fierce competition. Boeing struggles with investor backlash, raising questions about accountability. Meanwhile, BlackRock's CEO predicts a market 'melt-up' as the firm sees $65 billion in inflows. The shift in asset management strategies highlights a growing interest in alternative investments like private equity and hedge funds, adapting to changing market dynamics.

A devastating fire engulfed Notre-Dame Cathedral, leaving Paris in shock. Meanwhile, an environmental protest caused major disruptions in London, demanding urgent action. Goldman Sachs faces challenges with a delay in their strategic update amid stock declines. A troubling pay gap between US CEOs and employees was revealed, raising questions about corporate responsibility. Netflix is reshaping TV production financing, offering new opportunities for creators while also navigating a competitive streaming landscape.

Germany allows Huawei to stay in the 5G race despite U.S. opposition, raising questions about the future of telecommunications. The European Central Bank faces pressure as inflation outlooks decline. Purdue Pharma's controversial attempts to buy an addiction treatment business reveal the opioid crisis’s aftermath. Tension simmers as Apple and Qualcomm engage in a major legal battle over modem chip royalties, which could reshape technology licensing and impact 5G iPhone development, stirring up potential competition in the chip industry.

The US presents its case against Julian Assange, igniting debates on press freedom and transparency. Uber gears up for its IPO, with stakeholders keenly evaluating its market valuation. Meanwhile, trade talks between the EU and US gain traction, despite some resistance from France. As major Wall Street banks prepare to release first-quarter results, insights into their performance could reveal the broader economic landscape. Stay tuned for key financial indicators that might shape investor confidence.

Brexit's deadline has been pushed to October, leading to more uncertainty in UK politics. Lyft is struggling as shares hit a new low, just as Uber prepares for its IPO. The Federal Reserve is hinting at potential interest rate changes. Meanwhile, India is gearing up for its pivotal general election, with Prime Minister Modi cleverly branding himself 'Chokidar' amidst allegations of corruption. The political landscape is heating up as Modi responds vigorously to national security threats while facing criticism over his economic strategies.

Tensions rise as Prime Minister Theresa May seeks an extension for Brexit amidst party dissent and EU leaders' conditions. In corporate news, AT&T considers selling HBO Europe to tackle its massive debt, while Levi Strauss sees a stock surge after decades. Meanwhile, Uber navigates intricate legal challenges and market sentiment as it prepares for its highly-anticipated IPO, vying for investor confidence post-Lyft's shaky performance.

The Federal Reserve is considering a proposal requiring large foreign banks in the U.S. to increase their liquid asset holdings. Novartis is holding back on acquisition spending, signaling strategic caution. Pinterest aims to raise $1.3 billion with its IPO. In Israel, political rivalries heat up as Netanyahu faces challenges from Gantz amid the backdrop of a pivotal election. Meanwhile, tensions ramp up ahead of an emergency EU summit, with Macron's strong stance on Brexit making waves alongside fresh insights into American retail.

Warren Buffett urges Wells Fargo to seek new leadership beyond Wall Street. Saudi Aramco is set to raise nearly $30 billion through an international bond sale. Meanwhile, Kirstjen Nielsen resigns as U.S. Secretary of Homeland Security. The discussion also dives into the intricate political landscape of Brexit, exploring the challenges party leaders face as they prepare for an urgent EU summit. Additionally, there are insights on potential extensions to Article 50 and the formation of anti-migration coalitions ahead of the European Parliament elections.

Brexit talks are at a standstill as Prime Minister May and Labour leader Corbyn seek consensus before an EU summit. In legal news, Elon Musk must settle a Twitter dispute outside court, adding to his challenges. Oil prices hit a significant milestone, topping $70. Meanwhile, tensions linger in U.S.-China trade negotiations, with key issues like tariffs and China's agricultural purchases complicating discussions. On a lighter note, there's buzz about Gold Belly delivering iconic U.S. dishes and exciting updates from Boost Mobile about their 5G network.

Brexit negotiations heat up as Theresa May and Jeremy Corbyn discuss potential concessions. UniCredit makes headlines with a multibillion-euro bid to gain control of Commerzbank. In a shocking revelation, Facebook's user data has been compromised through Amazon's cloud services. Meanwhile, Boeing faces serious financial and regulatory challenges following the recent Ethiopian crash, leading to substantial market losses and operational upheaval in the airline industry.