- Financial Times: British intelligence has contradicted US claims that the risk to 5G networks from Huawei telecommunication equipment is too high, and concluded that it is possible to mitigate the threat.
- The Times: Citigroup is in advance talks to buy the skyscraper in Canary Wharf that houses its European headquarters in a deal worth £1.2 billion, just weeks before Brexit.
- The Daily Telegraph: The European Union risks allowing the US to capture a slice of the UK’s valuable clearing industry if Brussels tries to win advantage by reneging on G20 promises to avoid breaking up financial markets.
- Financial Times: The UK’s latest attempt to persuade Japan to agree a quick post-Brexit trade deal has soured after Tokyo officials reacted with dismay at British tactics.
- Financial Times: Tiger Global, one of the biggest investors in Barclays, has sold its entire holding in the bank, in a blow to the lender’s efforts to win support for its turnround strategy.
- Financial Times: Volkswagen has given ultimatum to its 40,000 suppliers to either cooperate with the carmaker in cutting carbon emissions, or risk losing their businesses.
Business and economics
- The Times: Dividend payments by the world’s largest companies hit a record $1.37 trillion last year.
- The Daily Telegraph: Loganair, the sister company of Flybmi, has started to move in on the collapsed regional airline’s routes.
- The Guardian: More than 50 chemicals companies have moved regulatory approvals from the UK to the EU amid the threat of a no-deal Brexit.
- The Times: Amazon has abandoned its expansion plans in Saudi Arabia in the wake of the killing of Jamal Khashoggi, the dissident journalist.
- The Daily Telegraph: Intu is preparing to unveil a dramatic slump in the value of its properties, prompting hedge funds to ramp up their bets against the under-pressure shopping centre owner.
- Daily Mail: High Street tycoon Philip Day is eyeing up shops that will be closed by Marks & Spencer to turn them into new branches of his Days department store business.
- The Daily Telegraph: Peter Truscott, chief executive of Galliford Try, has called on the Government to offer more “joined-up thinking” and “less initiatives and soundbites” if it wants to solve the housing crisis.
- The Times: Britain and Germany are at loggerheads over plans to let Royal Dutch Shell abandon oil platform legs in the North Sea.
- The Times: The European Commission is looking into tie-ups between Formula One racing teams and big tobacco companies amid concerns from public health campaigners.
- Financial Times: Australia’s mining industry has been jolted by a court ruling that cited “climate change” as a key reason for blocking a coal project.
Share tips, comment and bids
- The Daily Telegraph (Questor share tips): HOLD Paddy Power Betfair.
- Financial Times: The largest shareholder in Deutsche Bank, China’s HNA, has revealed that it has cut its stake by nearly a fifth to 6.3% in the German lender.
- The Daily Telegraph (Comment): Taxing dilemma for Germany as the eurozone shows signs of slowing.
- Financial Times (Comment): What Britain should do after a no-deal Brexit.