Financial Times - March 31



March 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

- British Airways flights disrupted and cancelled at Heathrow after IT failure. Link

- Apollo drops plans to buy education group Pearson. Link

- UK unlikely to authorise big expansion of onshore wind farms. Link

- FCA extends crypto registration deadline for 12 firms in U-turn. Link

Overview

- British Airways ICAG.L suffered a technical issue with its IT systems at London's Heathrow airport on Wednesday, causing significant disruption and flight cancellations.

- Apollo has dropped plans to buy the UK education publisher Pearson PSON.L after the private equity group's 7 billion pound ($9.19 billion) takeover offer was rejected.

- UK Prime Minister Boris Johnson on Wednesday signalled a big role for offshore wind farms in the government's new energy supply strategy, but played down the prospect of a significant expansion of land-based turbines.

- Britain's Financial Conduct Authority has extended a temporary licensing programme for cryptocurrency firms, risking the ire of UK lawmakers who strongly urged regulator to stick to the April 1 deadline.

($1 = 0.7614 pounds) (Compiled by Bengaluru newsroom)

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.