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PRESS DIGEST-Financial Times - April 2

ReutersApr 2, 2026 1:28 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

- SpaceX filing kicks off largest IPO process in history

- France probes Iran links in thwarted attack on Bank of America

- Spanish defence group chair quits after M&A clash with government

- UK is Europe's 'most vulnerable' market to jet fuel disruption, says Ryanair CEO

- Intel strikes $14 billion deal with Apollo to reclaim Irish chip plant

- BP should be 'simpler, stronger and more valuable', new CEO tells staff

- UK to host coalition talks on securing Strait of Hormuz

Overview

- Elon Musk's SpaceX has confidentially filed for a U.S. initial public offering, setting the stage for what could become the largest stock market listing on record.

- France suspects a pro-Iranian group known as HAYI to be behind a foiled attack on Bank of America's BAC.N Paris offices, its anti-terrorism prosecutor said, while stressing the link has not yet been formally established.

- The chairman of Spanish defence firm Indra IDR.MC, Angel Escribano, submitted his resignation, saying that staying on could "jeopardise the company's stability" following a recent failed deal with his own company.

- The UK is the "most vulnerable" market in Europe to potential jet fuel disruptions because of its reliance on oil from Kuwait, Ryanair RYA.I CEO Michael O'Leary said, as he warned the airline may have to cancel flights during the key summer months if the war in Iran continued to squeeze supplies.

- Intel INTC.O said it would spend $14.2 billion to buy back the 49% stake it had sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the plant.

- BP's BP.L new CEO Meg O'Neill began her stint by offering consistency while accelerating the group's performance, a year after the company pivoted its strategy firmly back to oil and gas.

- British Prime Minister Keir Starmer said that the UK would host meetings on Thursday with allies aimed at opening the Strait of Hormuz.

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