April 15 (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
- China told Maersk and MSC to drop Panama port operations
- Starmer's UK defence strategy set to be torpedoed by spiralling costs
- BP's new chief executive to reset company into two units
- IMF cuts UK's growth forecast by more than any other G7 nation
- Axel Springer's Telegraph deal waved through by UK government
Overview
- China told Maersk MAERSKb.CO and Mediterranean Shipping Company to cease operating ports on the Panama Canal.
- George Robertson, a former NATO chief and grandee of Keir Starmer's Labour Party criticised the British prime minister on Tuesday for failing to adequately fund defence, leaving the country unsafe.
- BP BP.L will reorganise into two main business units - upstream and downstream - under new CEO Meg O'Neill, who took the helm on April 1 to become the oil major's fifth chief since 2020.
- The IMF said that Britain's economy was now on course to grow by only 0.8% in 2026, down from a previous projection of 1.3%.
- Axel Springer has secured the UK government’s approval to buy the Telegraph Media Group.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))