PRESS DIGEST- Financial Times - December 31
Dec 31 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- Warner Bros plans to reject Paramount's latest hostile bid
- Eurostar services partially resume after Channel Tunnel power supply fault
- Italy approves 2026 budget after infighting within Meloni's coalition
Overview
- Warner Bros Discovery WBD.O plans to reject the latest takeover proposal from Paramount PSKY.O, despite Oracle co-founder Larry Ellison's agreement to personally backstop the $108 billion hostile bid.
- Train services through the Channel Tunnel linking Britain and continental Europe were suspended for much of Tuesday after a power supply failure, bringing chaos to peak winter holiday travel.
- Italy's parliament approved the country's deficit-cutting 2026 budget in a vote that followed bitter infighting within Prime Minister Giorgia Meloni’s ruling coalition over the contentious package.
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