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Good morning.

From the newsroom of the Financial Times. Today is Friday, March 22nd, and this is your FT news briefing.

Today, after a prolonged debate, EU leaders give Theresa May a short Brexit extension. Spotify enters high stakes licensing

talks with music rights owners and US stocks get a boost from the technology sector.

Then the FT's Robin Wigglesworth takes us to the floor of the New York Stock Exchange

as the American jeans maker at Levi Strauss goes public. I am Eric Krupky and here's the news you need to start

your day.

Thank you. Good evening.

I'm Michael Peel, a European diplomatic correspondent

of the Acte in Brussels, where the summit of EU leaders has just finished for the first day.

The EU27 leaders have come up with a deal.

They have given the British Parliament until April the 12th to back the withdrawal agreement

that has been agreed between the British government and the other 27 EU governments.

And if it doesn't do that, then it has to come up with a way

forward for consideration by the other 27 EU countries so in other words there's a

window now of about two weeks three three weeks, during which the British government and

Parliament have to decide what to do.

If Parliament does back the withdrawal agreement next week, the Brexit date will be

postponed from March 29th to May the 22nd.

But the upshot of all of this is that essentially this is an ultimatum to say to both

...