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.