David Ellison inched closer to an acquisition of Paramount Global, the owner of MTV and CBS, as a special committee of the company’s board endorsed a merger with his Skydance Media, according to a person with knowledge of the matter.…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French voters have elected a fractured National Assembly carved up into three blocs with none close to the outright majority…
France’s Prime Minister Gabriel Attal gives a speech following the first results of the second round of France’s legislative election at Matignon in Paris on July 7, 2024. Ludovic Marin | Afp | Getty Images French Prime Minister Gabriel Attal…
France looks headed for political instability after a surprise win by a left-wing coalition in Sunday’s legislative election left no party able to claim the majority needed to govern. The New Popular Front — which includes the Socialists and far-left…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Our victory is only postponed.” Marine Le Pen put a brave face on the defeat for her far-right Rassemblement National…
US President Joe Biden delivers remarks on the Supreme Court’s immunity ruling at the Cross Hall of the White House in Washington, DC on July 1, 2024. Andrew Harnik | Getty Images Two Democrats with a powerful network of friends…
The euro fell after initial projections in France’s legislative elections pointed to a shock victory for the leftist alliance, whose campaign for a sharp increase in government spending risks unsettling investors. The common currency slipped 0.3% to around $1.0807 at…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are now enough Labour leaders who have won a parliamentary majority to play a game of bridge, albeit only…
Founder of left-wing party La France Insoumise (LFI) Jean-Luc Melenchon reacts during the election night of left-wing party La France Insoumise (LFI) following the first results of the second round of France’s legislative election at La Rotonde Stalingrad in Paris…
Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer, according to analysts at Citi Research. In a note on Friday, the bank cited…