1. BAT's big write-downs
British American Tobacco PLC (LSE:BATS) said it will take a massive £25 billion write-down to the value of its cigarette brands - which will be one of the biggest impairments in corporate history.
2. Bitcoin smashes $44k - is a Santa rally underway?
Bitcoin had another rager by climbing 5% against the US dollar to hit another 20-month high of $44,500.
3. FTSE battles back after two down days
London's blue-chip index added 25.54 points over the session to finish at 7,515.38, while the FTSE 250 jumped 179.20 points to 18,666.73.
4. Flying TUI helps Footsie but could soon leave
TUI AG (LSE:TUI) reported that increased customer numbers and higher prices in the fourth quarter helped the company to more than double full-year earnings.
5. Royal Mail on losing side in rules battle with regulator
Ofcom published its final determination following a dispute between Whistl and IDS over whether the terms offered by Royal Mail to deliver mail were fair and reasonable.