- The Sunday Telegraph: British stock markets are on track to be the worst performer in the developed world this year, as analysts warn that record-breaking levels in the US could crash in 2018.
- The Sunday Times: Brian Armstrong, the chief executive of Coinbase, one of the world’s biggest bitcoin exchanges, has warned that its systems may collapse if there is a run on the digital currency, leaving investors unable to cash out their holdings; fears of wild swings in the value had led the platform to restrict how much customers can sell — “to protect client accounts and assets”.
- The Sunday Times: Four Seasons Health Care is set to win an eleventh-hour reprieve from its largest creditor, heading off the biggest care homes collapse since Southern Cross.
- The Sunday Telegraph: The City is rallying round the under-fire chairman of the London Stock Exchange as a bitter battle with hedge fund tycoon Sir Christopher Hohn nears the final stage.
Business and economics
- The Sunday Telegraph: Uber will head to court on Monday to fight its London ban, kicking off the first of two crucial legal battles over the next fortnight.
- The Sunday Telegraph: Dixons Carphone is facing intense pressure to restructure its vast estate of mobile phone shops as the City braces for a 50% shock profits tumble this week.
- The Sunday Times: House of Fraser has been branded a “very high credit risk” by ratings agency Moody’s in a further sign of the retailer’s fragile position.
- The Sunday Times: The crisis engulfing South African magnate Christo Wiese has escalated after a leading credit agency slashed its rating on his New Look fashion chain deep into junk territory.
- The Sunday Telegraph: Ashtead will post a major jump in profits and revenues this week on the back of increasing structural change in the industry and a boost from the hurricanes in the US.
- The Sunday Telegraph: British drug giants AstraZeneca and GSK have stepped up their fightback in the global race to find cures for blood cancers after two key clinical trials showed encouraging results.
- The Sunday Times: Embattled oil services company Petrofac is considering quitting the North Sea as it struggles under a $1 billion debt mountain and a fraud investigation.
- The Sunday Times: A lucrative Whitehall contract to build an Amazon-style marketplace for government departments and local councils to procure goods and services could be awarded to Amazon.
- The Observer: Bovis Homes, one of Britain’s biggest housebuilders, faces a potential class-action lawsuit from a group of buyers who accuse it of selling houses riddled with defects.
- The Sunday Telegraph: Hedge funds are still ramping up bets against Ocado despite the online grocer finally stepping up its long-awaited international expansion.
- Mail on Sunday: The virtual mining of Bitcoins is using up so much energy that it is causing electricity blackouts in some countries, it has been revealed.
- The Sunday Times: Investors in Sports Direct will vote this week on whether to approve an £11 million payout to the brother of Mike Ashley, the retailer’s owner.
- The Sunday Times: Star fund manager David Cumming is rumoured to be on the cusp of a comeback with a senior role at Aviva Investors.
- The Sunday Times: Hitachi’s chairman has held crunch talks with chancellor Philip Hammond as the Japanese industrial giant tries to strike a deal to build a £10 billion nuclear plant in Wales.
Share tips, comment and bids
- The Sunday Times: Airbnb is closing in on a $1 billion takeover of a clutch of upmarket British holiday operators, tightening the Silicon Valley giant’s grip over the global travel market.
- The Sunday Times: Apple is poised to swallow up the music recognition app Shazam for a mooted £300 million - far below the UK tech darling’s top valuation.
- The Sunday Times: Fusion Antibodies, a biotech minnow that makes key components for some of the world’s biggest drugmakers, is listing on AIM in a £18.5 million float.
- The Observer (Comment): Fox and Disney: is Rupert Murdoch in retreat - or planning his next move?