1. Apple yet to recover from Huawei shock
Huawei’s apparent technological speed run in the face of bruising sanctions took Apple investors by surprise, sending shares 7.6% lower to $175.15 when markets opened
2. Hipgnosis buyout looms after Round Hill takeover
Hipgnosis, which was founded by music producer Nile Rodgers and owns the rights to work by artists such as Red Hot Chili Peppers, Neil Young, and Blondies, operates with an NAV of over US$3 billion despite the group’s market cap of a little over £1 billion.
3. UK offshore wind power 'disaster' auction leads to calls for urgent reform
The UK government needs to "take urgent action" after not one single bid was received for new offshore wind in its latest auction, jeopardising a plan to triple power capacity from this source by 2030.
4. FTSE 100 closes on the front foot
At the close, the FTSE 100 was 37 points ahead at 7,478 for a gain of 0.5%.
5. Britain's stock market in 'crisis' due to lack of risk taking
Britain’s capital markets are in a crisis that requires urgent action to arrest or else they will continue to decline, a senior banker at top US bank Citi has warned.