PRESS DIGEST-Financial Times - April 9

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

Headlines

• Arm chief Haas in line to lead much of SoftBank’s international business

• EU will still be hit by ‘stagflationary shock’, Brussels warns

• JD Vance to lead US talks with Iran as Israeli strikes imperil ceasefire

• Ian Cheshire named new Ofcom chair

Overview

• Rene Haas, the chief executive of UK chip designer Arm O9Ty.F, is in line to lead a swath of SoftBank Group's 9984.T international business.

• The EU will still be hit by a “stagflationary shock” of low growth and rising inflation despite the US and Iran agreeing on a two-week ceasefire, EU economy commissioner Valdis Dombrovskis said.

• U.S. Vice President JD Vance will lead a US delegation to Islamabad for talks with Iran.

• The British government picked business leader Ian Cheshire to chair Ofcom, the media regulator that has a growing remit to protect users of online platforms from harm.