Financial Times is in the news for its coverage on UK budget leaks and global tech deals. Founded in 1888, it’s the go-to for business intel.
As of March 2026, hedge funds and portfolio managers are leveraging technology and outsourcing to launch with minimal staff, driven by the growth of separately managed accounts (SMAs). Firms like IIP Services enable rapid, cost-effective fund launches, while major players such as Millennium expand talent pipelines. Meanwhile, UK media forms a coalition to protect journalism from AI misuse, and Rolls-Royce seeks government support amid aerospace competition.
The Philippines has received a tanker carrying Russian crude oil, marking its first purchase in five years. This comes as the country faces a national energy emergency, with limited fuel supplies and increased reliance on Russian imports authorized by U.S. sanctions waivers. The move reflects shifting regional energy sourcing amid global disruptions.
U.S. special envoy Paolo Zampolli has told the Financial Times he has suggested Italy replace Iran at the 2026 World Cup; Italian sports minister Andrea Abodi and other officials have said reinstating Italy is not possible or appropriate. Iran and FIFA have said Iran is preparing to play its scheduled group matches in the United States in June.
Péter Magyar has been sworn in as Hungary’s prime minister after his Tisza party won a historic two‑thirds majority on April 12. His new 16‑ministry cabinet has been formed; he has pledged to recover allegedly misused state assets, restore democratic checks and rejoin EU mechanisms to unblock about €17bn in frozen funds.
Magyar has formed a new government and pledges to prosecute corruption, while Orbán-era allies are moving assets abroad and facing investigations. Officials promise to tighten controls as the transition unfolds and potential probes target high-level officials tied to the former regime.
With one year to go, France has a crowded presidential field and the far-right National Rally (RN) is polling strongly. Marine Le Pen has met foreign envoys and her party leader Jordan Bardella has held ambassadorial meetings as RN is presenting a more moderate public face; Jean‑Luc Mélenchon has confirmed his fourth presidential bid.
Today NextEra Energy has announced a definitive agreement to combine with Dominion Energy in a roughly $67bn all‑stock deal that will create the world’s largest regulated electric utility by market cap. The combined company will serve about 10 million customer accounts across Florida, Virginia, North Carolina and South Carolina and will be majority‑owned by NextEra shareholders.