Top stories
- The Sunday Telegraph: Sky is facing a shareholder backlash over its decision to wave through a new takeover approach from the Murdoch family’s US media giant 21st Century Fox without consulting investors.
- The Observer: Oil-producing nations that do not belong to the Opec cartel have agreed to cut output by 562,000 barrels a day, Opec sources have said.
- The Sunday Times: Theresa May faces a new Brexit crisis this weekend as opponents launch a fresh legal action to upend her plans for leaving the European Union.
- The Sunday Telegraph: Italy's largest bank is preparing to unveil a €13 billion (£10.9 billion) rights issue this week, in a move that should help calm fears about the future of the country’s embattled lenders.
- The Sunday Times: Euro Disney is at war with its investors over allegations it has paid out nearly €1 billion in excess charges for royalties and licences to Walt Disney.
Business and economics
- Mail on Sunday: South African billionaire Christo Wiese, who has been busy snapping up a raft of high street groups in Britain, has seen his fortune shrink by £400 million due to the slump in the pound.
- The Sunday Telegraph: The boss of IG Group has hit out at the City watchdog for “mishandling” its clampdown on financial betting, claiming that sweeping measures to overhaul the industry will penalise the wrong firms.
- The Sunday Times: Neil Woodford, the star fund manager, has thrown in the towel on his disastrous investment in Northwest Biotherapeutics, a US company labelled a “house of cards” by a short-seller.
- The Sunday Telegraph: The embattled energy explorer Soma Oil has failed to seal a deal with the Italian giant ENI to fund the next phase of its effort to open up Somali oil fields.
- The Sunday Times: The ailing fashion chain Blue Inc faces being taken over by its biggest supplier through a debt-for-equity swap.
- The Sunday Telegraph: Despite worries about Brexit and its potential economic impact, car sales have continued to motor upwards, putting 2016 on track for a new record; new-car sales are expected to blow past 2.7 million when industry body the Society of Motor Manufacturers and Traders (SMMT) collates the annual data in the new year.
Share tips, comment and bids
- The Sunday Telegraph (Questor share tip): Assura on track for healthy future.
- Mail on Sunday (Midas share tips): BUY Hotel Chocolat.
- Mail on Sunday (Midas share tips update): Unanimous verdict for Gateley shares as they soar 20%.
- The Sunday Times: Three trophy London properties worth an estimated £1 billion are on the block as part of a toxic loan sale by a German state-owned bank; HSH Nordbank last week called for bids on a €3.2 billion (£2.7 billion) portfolio being sold as part of a bailout by its two main shareholders.
- The Sunday Times: The Japanese brewing giant Asahi is nearing a £5 billion takeover of a portfolio of European beers that includes the Czech lager Pilsner Urquell, after edging ahead in a fiercely competitive bid battle.
- The Sunday Telegraph: SilkFred, an online retail start-up that relies on a network of British fashion brands to turn around dresses quickly for impatient shoppers, is gearing up for a £100m stock market listing next year.
- The Sunday Times (Comment): Give us more globalisation and technology, not less.
- The Sunday Times (Comment): Wily Fox has made a perfectly timed pounce on Sky.
- The Sunday Telegraph (Comment): Murdoch is no longer the enemy - not the main one, at least.
- The Sunday Telegraph (Comment): Clean Brexit is the practical and democratic way forward.