Tuesday Papers - tips and comment

Financial Times

The Lex Column

* Petrobras - Brazil’s energy champion prepares the biggest share offering in history.

* GlaxoSmithKline - diabetes medicine has become a thorn in the drugmaker’s side.

* Macquarie - falling fees and lower returns may become a permanent feature.

* Financial repression - coercive government power could explain current low yields on bonds.

* Airline consolidation - The British Airways boss has not yet completed the merger with Iberia.

Lombard

* Sky is not the limit for Walsh’s takeover ambitions - Serial dissent at Vodafone - New term, old rules.

Editorial