PRESS DIGEST-Financial Times - July 21

Paramount Skydance
Jpmorgan Chase
Warner Bros Discovery

Paramount Skydance

PSKY

0.00

Jpmorgan Chase

JPM

0.00

Warner Bros Discovery

WBD

0.00

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

Headlines

  • London Stock Exchange plans to launch round-the-clock trading next year

  • JPMorgan boss Jamie Dimon warns of 'consequences' if Andy Burnham taxes banks

  • US to hit Canada with 50% tariffs on wide range of goods

  • US judge pauses Paramount's $110-billion Warner Bros acquisition

Overview

  • The London Stock Exchange LSEG.L has unveiled plans to launch a night-time trading site in the first half of 2027.

  • Jamie Dimon has warned Britain's new prime minister Andy Burnham against launching a tax raid on banks, which the JPMorgan Chase JPM.N CEO said would threaten its planned £3 billion ($4.03 billion) London office and have "adverse consequences" for UK investment.

  • The United States has said it will hit Canada with tariffs of 50% on a wide range of goods in a move that threatens to reignite U.S. President Donald Trump's trade war.

  • A federal judge on Monday temporarily paused Paramount Skydance's PSKY.O acquisition of Warner Bros Discovery WBD.O, siding with a dozen Democratic-led states that said the $110 billion deal would smother competition in Hollywood.

($1 = 0.7448 pounds)