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The Latest Breaking News from the Financial Times

Shein’s Profit Plunges by $1 Billion in 2024 as Trump Closes Tax Loophole

Chinese e-commerce giant Shein has suffered a major financial blow, with its net profit dropping by more than $1 billion in 2024

The Fashion Central

What the papers say – February 26

A rise in defence spending, Ukraine and US relations feature heavily on Wednesday’s front pages.

Evening Standard

UK Set to Rejoin EU Talks for Powerful New 'Bank' to Boost Defence Spending

The Government is set to join high-level discussions with the EU this week over a groundbreaking Europe-wide defense funding scheme.

The Fashion Central

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Stocks Set to Open Higher With All Eyes on Nvidia Earnings and Key U.S. Inflation Data

March S&P 500 E-Mini futures (ESH25) are up +0.53%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.42% this morning, pointing to a partial rebound from Friday’s selloff on Wall Street.

Barchart

What the papers say – February 24

A mixture of foreign politics stories take centre stage on Monday’s front pages.

The Independent UK

Nissan Shares Jump 11% On Reported Plan To Seek Tesla Investment

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker.

International Business Times

What the papers say – February 21

Here are the biggest stories leading Friday’s front pages.

The Independent UK

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The European country where trains are even less punctual than the UK’s

Comes as German chancellor mocked Britain for its ‘broken tracks and bad trains’

The Independent UK

Turnbull says ‘we cannot assume we can rely on America’ under Trump – as it happened

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The Guardian - AU

Trump wants half of Ukraine’s minerals. Is a deal possible?

The total value of Ukraine’s mineral deposits has been pegged in the trillions, but a deal with the U.S. faces several roadblocks.

Fortune

Honda And Nissan Might Still End Up Together, But There’s A Big ‘If’: Report

The merger between Honda and Nissan would have created the world’s fourth-largest automaker. However, the negotiations fell apart last week, partly because Nissan believed it should be seen as an equal rights member of the tie-up, while Honda demanded Nissan become a fully owned subsidiary.

InsideEVs

What the papers say – February 19

Ukraine features heavily on the front pages of Wednesday’s newspapers.

The Independent UK

Testimony by Arm CEO Rene Haas clashes with a new report that Arm intends to launch its own chips

Arm CEO Rene Haas's comments from a December trial with Qualcomm, viewed by Laptop Mag, put new reporting on Arm's chip plans for summer 2025 into stark contrast.

Laptop

Tesla Full Self-Driving Could Be China's Tariff Bargaining Chip

When the controversial CEO of a global automaker becomes the Best-Friend-in-Chief and helps to define national policy, there might be some bleed-over into conflicts of interest. It seems that China may be betting on exactly that, especially as Tesla waits for the Chinese government to approve the use of its Full Self-Driving software on Chinese…

InsideEVs

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The Independent UK

US government ’asking Romania to lift restrictions on Andrew Tate’

The Tate brothers have been accused of human trafficking and rape in Romania – both deny wrongdoing

Evening Standard

What the papers say – February 17

Here are the biggest stories leading Monday’s front pages.

Evening Standard

What the papers say – February 15

Here are the biggest stories leading Saturday’s front pages.

Tom’s Hardware

Arm to launch first self-made processors, poaching employees from clients: Reports

Arm lands first order from Meta for its first in-house designed datacenter processor, which will rival CPUs from Arm's partners.

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The Guardian - UK

Arm looks to launch its own chip after landing Meta contract

Plan represents move away from SoftBank-owned group licensing its chip blueprints to firms such as Apple and Nvidia

Tom’s Hardware

US gov't pushing TSMC and Intel to create joint venture in the US: Report

TSMC has made no official announcements about expanding in the U.S. at the board meetings this week, but the rumor mill points to quicker expansion in Arizona and a joint venture with Intel.

Evening Standard

What the papers say – February 13

The US President flagged peace talks could begin ‘immediately’.

Evening Standard

What the papers say – February 11

Here are the biggest stories leading Tuesday’s front pages.

Laptop

Arm CEO Rene Haas makes grim prediction that DeepSeek will be "shut down"

DeepSeek could go the way of TikTok, according to Arm CEO

The Independent UK

Trump imposed steel tariffs in 2018. Here’s what happened

Trump implement a similar policy during his first term - and it caused international backlash

InsideEVs

BMW's Flexibility Is Paying Off During 'Rollercoaster' EV Transition

BMW, like most automakers, is taking a long, hard look at the current EV market. After some careful consideration of the state of the industry, it's made a decision that's straight out of Toyota's playbook: it's not putting all of its eggs in one proverbial powertrain basket. But unlike rivals…

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