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PRESS DIGEST-Financial Times - March 11

ReutersMar 11, 2025 2:13 AM

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- Tanker carrying jet fuel for US Navy struck by container ship in North Sea

- OpenAI strikes $12bn deal with CoreWeave

- NHS England looks to slash central staffing by half

- Ukraine will need to make some territorial concessions for peace deal, Marco Rubio says

Overview

- An anchored tanker carrying jet fuel for the U.S. military was struck by a container ship in the North Sea on Monday, triggering explosions and a rescue operation for the 37 mariners on board the vessels.

- OpenAI has forged a near-$12 billion contract with CoreWeave and will take a stake in the cloud computing provider, boosting the group ahead of its expected $35 billion public listing.

- Staff working in central operations at NHS England have been warned of job cuts of up to 50%, as the government exerts tighter control over the top ranks of the independent body that runs the health service.

- Ukraine would need to accept Russian control of some territory as part of a peace deal, U.S. Secretary of State Marco Rubio said on Monday on the eve of talks between Washington and Kyiv in Saudi Arabia.

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