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The Latest Breaking News from the Financial Times

Airport council warns: Hormuz closure poses major fuel shortage risks

In a letter to the EU, the Airports Council International warned that if Hormuz does not reopen within three weeks, paraffin shortages in Europe will be critical.

Euronews

Has the Iran War Ceasefire Already Ceased?

Both sides claim that they’ve agreed to stop fighting and open the Strait of Hormuz, but the fighting is still happening and Hormuz is still closed.

Reason

UK must be more business friendly and not talk itself down, says ex-FT editor

Lionel Barber, the former editor of the Financial Times, has joined the advisory board of US tech firm Capitol AI as it expands in the UK and Europe.

Evening Standard

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read the most diverse news in one place.

‘We demand an immediate retraction’: Pentagon is fuming after Pete Hegseth’s alleged true motive for declaring no mercy for Iran is exposed

Hegseth has some explaining to do.

We Got This Covered

Broker For Hegseth Looked Into Making Investment In Defense Contractors Before Iran War: Report

A broker for U.S. Secretary of War Pete Hegseth looked into making a significant investment in defense companies before the start of the Iran war, according to the Financial Times.

International Business Times

Dollar Rises as Iran War Continues

The dollar index (DXY00 ) rallied to a 10.5-month high on Monday, finishing up by 0.40%. The dollar gained on safe-haven support on Monday amid concerns of a protracted war in Iran. President Trump told the Financial Times on Sunday that he wants to "take the oil in Iran" and...

Barchart

Dollar Supported by Concerns of a Protracted Iran War

The dollar index (DXY00 ) climbed to a 2-week high today and is up by +0.35%. The dollar has safe-haven support on concerns of a protracted Iran war after President Trump told the Financial Times on Sunday that he wants to "take the oil in Iran" and could seize the...

Barchart

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Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress

U.S. President Donald Trump openly mused about seizing Iran’s Kharg Island oil terminal in the Persian Gulf and the United States and Israel kept up their attacks on the Islamic Republic, even as there were signs of progress in nascent ceasefire talks

The Independent UK

Ancient Human Relative Unearthed in Egypt May Prompt Rethink of Human Evolution, Scientists Say

A fossil discovered in Egypt could reshape our understanding of human ancestry and evolution, revealing a previously unknown species

International Business Times UK

While US battles Iran, Denmark was preparing to deny Washington access to Greenland

European allies secretly prepared to defend Greenland from a potential US military action. Denmark, with support from France, Germany, Norway, and Sweden, planned to disable airport runways. This move signaled deep concerns over President Trump's intentions. The preparations aimed to deter any US intervention. The episode highlighted a growing trust…

The Times of India

Iran-US war latest: Trump extends pause on energy plant strikes and says talks with Tehran going ‘very well’

The US may send an additional 10,000 troops on top of the thousands of service members already dispatched to the region, according to a new report

The Independent UK

JPMorgan has started monitoring the keystrokes, video calls, and meetings of its junior investment bankers—and they say it's for employee well-being

JPMorgan plans to track junior bankers’ hours as Wall Street steers away from its tough 100-hour workweek “rite of passage.”

Fortune

US senators want to suspend Nvidia AI chip export licenses to China and its intermediaries — bipartisan letter to Commerce Dept says that Huang’s claims of no chip diversion ‘were contradicted by reporting available’

U.S. senators Elizabeth Warren (D-Mass.) and Jim Banks (R-Ind.) told Commerce Secretary Howard Lutnick that he should suspend all active export licenses to China for Nvidia AI chips, saying that Nvidia's most advanced AI GPUs are being diverted into the country despite Jensen Huang's assurances.

Tom’s Hardware

Danone to buy British nutrition firm Huel

The companies have not disclosed the value of the deal but the Financial Times reported that it values Huel at about one billion euros (£870 million).

Evening Standard

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The Independent UK

Saturday Night Live UK receives mixed reviews from critics

Saturday Night Live UK launched its inaugural series on Saturday, featuring host Tina Fey and musical guests Wet Leg. The premiere episode included a star-studded line-up with appearances from Nicola Coughlan, Graham Norton, Michael Cera, and a cameo by Rege-Jean Page. Sketches featured topical humour, including impersonations of Sir Keir…

International Business Times UK

Brexit 2.0? Why the UK Is Reaching Breaking Point Amid Immigration, Economic Strain and Political Division

Tensions rise in the UK as Angela Rayner criticises immigration plans, a border chief resigns and Keir Starmer faces calls to rethink Brexit-era red lines.

Fortune

An AI agent destroyed this coder's entire database. He's not the only one with a horror story

AI coding tools are deleting databases, crashing systems, and piling on technical debt even as bosses tout "productivity."

International Business Times

Nvidia Chief Executive Makes Bold 2027 Revenue Prediction

Nvidia's chief executive predicted the company would have about $1 trillion in revenue over the next two years driven primarily by AI chip revenue.

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The Guardian - UK

Canadian billionaire Stephen Smith buys 27% stake in the Economist

Weekly news magazine’s parent company makes third significant ownership shake-up in its 183-year history

Axios

How the Iran war is also unleashing an economic world war

The war is creating a crisis abroad that governments and businesses are scrambling to manage.

The Independent UK

Starmer tells Trump: UK will not be dragged into wider war on Iran

Prime minister says UK is working with allies on a plan to reopen the Strait of Hormuz but admits ending blockade is not ‘straightforward’

Evening Standard

Starmer vows energy bill support for some households as Trump warns Nato allies over Iran response

Sir Keir Starmer announced £53 million in support for ‘those households that are most exposed’ to rising heating oil prices on Monday

Fortune

Amazon puts humans further back in the loop as its retail website crashes from 'inaccurate advice' that an AI agent took from an old wiki

There was a different agenda at a weekly operations meeting recently: the fact that Amazon.com hasn't been working as smoothly.

PC Gamer

Amazon owns up to needing more human oversight over AI code—unfortunately, it wants to do that with fewer people

This math isn't math-ing.

Barchart

S&P Futures Waver as Middle East Conflict Uncertainty Persists, U.S. Inflation Data in Focus

March S&P 500 E-Mini futures (ESH26) are trending down -0.09% this morning, swinging between gains and losses as uncertainty surrounding the Middle East conflict remains high, while investors await key U.S. inflation data.

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