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Good morning from the newsroom of the Financial Times.

Today is Thursday, June 6th, and this is your FT news briefing.

Fiat Chrysler withdraws its 33 billion euro merger offer for Renault.

The chief of the IMF warns that rising tariffs between the US and China are, quote, self-inflicted

wounds on the global recovery.

And YouTube is banning supremacist content from its website.

Plus, the FT's Camilla Hodson examines the companies that are making money out of the information

about you on the internet, even if you didn't put it there.

And why it's tough to make that information disappear off the World Wide Web.

I'm Mark Filipino, and here's the news you need to start your day.

Fiat Chrysler has withdrawn the proposal for a 33 billion euro merger with Renault.

The FT was told by one source that Fiat Chrysler pulled out after it emerged that the French

government and unions were not confident about the Italian American company's

reassurances on job security.

Renault's board met yesterday and the day before, but delayed a decision on the merger both days.

It said Wednesday that the French state, which owns 15% of Renault,

requested the car company delay the vote by a week.

People close to the board say the French state asked for the delay

so it could speak directly to Renault's Japanese Alliance partner, Nissan, about

the merger. Had the deal gone through, a combined Renault and Fiat Chrysler would have created the world's

...