FT News Briefing

Theresa May is considering a dialogue with Jeremy Corbyn to explore a softer Brexit approach. In the U.S., drug prices are skyrocketing, despite bipartisan pressures. Additionally, the world's leading energy organization faces backlash for its fossil-friendly strategies. The discussion also dives into leadership changes at BlackRock and their pivot towards alternative investments amidst a competitive landscape, highlighting a shift in asset management towards technology-driven solutions.

British MPs are in a bind, rejecting every Brexit proposal and raising questions about the future of Prime Minister Theresa May's leadership. Meanwhile, Lyft's IPO takes a surprising downturn just days after its debut, stirring concerns among investors. The podcast dives into the implications of political stalemate on the stock market and the contrasting views of retail versus institutional investors on ride-sharing companies. Buckle up for an intriguing look at the intersection of politics and market dynamics!

The British government is grappling with the fallout from a significant defeat regarding Brexit. MPs are making moves to take control of the House of Commons and seek alternatives for leaving the EU. Internal tensions are on the rise as time runs out before the exit deadline. Additionally, the discussion touches on April Fool's Day, stressing the risks of pranks amid the Brexit chaos, and features a nod to a new food delivery service and a podcast focused on digital advertising.

Swedbank faces serious accusations of money laundering, leading to a CEO resignation and regulatory scrutiny. Meanwhile, Turkey is battling a currency crisis, spending foreign reserves to prop up the lira ahead of crucial elections. The broader implications of these financial strategies raise concerns about recession and inflation in Turkey. Additionally, the fear of a no-deal Brexit looms over German businesses, which could significantly impact UK-Germany trade relations.

Parliament is buzzing with critical votes on various Brexit scenarios, revealing deep divisions. A major money-laundering scandal involving a Nordic bank surfaces, adding tension to the financial landscape. Meanwhile, in Israel, Prime Minister Netanyahu grapples with corruption allegations and heightened violence from Gaza as he campaigns for a fifth term. The turbulent political environment highlights both his loyal supporters and a determined opposition ready to challenge him as elections draw near.

Renault and Nissan have revitalized their alliance with plans for further acquisitions. A Eurosceptic MP surprises everyone by backing Theresa May’s Brexit deal. Travis Kalanick is exploring the world of dark kitchens with his new venture. Meanwhile, European investors are voicing concerns over soaring banker wages as they grapple with poor financial performance in the sector. The shifting landscape in corporate governance and executive pensions in the UK also raises eyebrows.

UK MPs take control of the Brexit process, signaling a major political shift and new challenges ahead. Meanwhile, Apple brings Hollywood stars together to showcase its ambitious foray into digital services. McDonald’s explores new tech for personalized customer experiences and efficiency. Additionally, Volvo’s CEO raises alarms about the future of self-driving cars, emphasizing the need for safety and public trust as the industry advances.

Theresa May battles to keep her leadership as Brexit negotiations heat up. The Mueller report clears Trump of collusion, stirring political debates. Uber is poised to make waves with a $3.1bn deal in Dubai, setting the stage for tech industry shifts. Meanwhile, Apple is gearing up for a streaming service launch, aiming to capture new revenue streams. Experts dissect how these developments could reshape both tech strategies and the digital advertising landscape.

EU leaders have granted a brief extension for Brexit negotiations, stirring discussions on its implications. Meanwhile, Spotify is negotiating high-stakes licensing deals that could reshape the music industry. The tech sector gives a boost to US stocks, demonstrating investor confidence. Excitement fills the New York Stock Exchange as Levi Strauss goes public, marking a trendy vibe with a denim dress code. Insights into the IPO price discovery process reveal the complexities and dynamics of market forces at play.

UK Prime Minister Theresa May takes a bold leap with Brexit, prompting fears of a no-deal scenario. The Federal Reserve's decision to keep interest rates steady reveals a slowing economic landscape. Levi Strauss makes a splash with its $6.6 billion IPO, while Williams Sonoma shines with an upbeat forecast. As lawmakers grapple with the complexities of Brexit, the implications for trade and the economy loom large, heightening stakes in a chaotic political setting.