1. Vodafone plans to axe 11,000 jobs
But the sackings do nothing to tackle to root causes weighing Vodafone down, namely £30bn of debt.
2. Boohoo could attract private equity interest
Boohoo’s results may have signalled there is light at the end of the tunnel.
3. CMA defends its decision in Microsoft’s takeover of Activision
Speaking to the BBC, the CMA boss defended the regulator's decision to block the merger despite the EU Commission clearing the deal on Tuesday.
4. FTSE 100 sinks on poor economic data out of US and China
The FTSE 100 index was underwater at the closing bell, finishing 0.3% lower at 7,752 points.
5. Greatland Gold plays down cash raise report
The company’s comment comes after a report in Australia which claimed that Greatland had appointed Bank of America and it is seeking to raise A$50mln to A$100mln.