WHAT THE OTHER PAPERS SAY THIS MORNING
FINANCIAL TIMES
Mobile operator stops insurance sales
A sharp rise in fraudulent claims has pushed UK mobile phone network 3 to stop selling insurance, an unusual move underscoring the scale of customer deception facing mobile operators.
Strathclyde in elected Lords warning
An elected House of Lords could become more “aggressive”, frustrate key pieces of legislation and be more expensive to run than the existing system, according to the Tory peer in charge of piloting reforms through the upper house. Lord Strathclyde said he wanted to create a consensus between MPs and peers to secure the passage of the bill but admits his chances of success are only “50-50”.
Marubeni eyes US-based grain trader
Marubeni, the Japanese trading company, is in advanced talks to buy US-based grain trader Gavilon, only weeks after mining giant Glencore purchased Canadian grain trader Viterra. The consolidation comes as traders seek to profit from rising trade in food commodities due to strong demand in emerging countries such as China.
THE TIMES
Revealed: Cameron’s text message to resigning Brooks
David Cameron texted Rebekah Brooks in the week she resigned as CEO of News International over the phone-hacking scandal to tell her to keep her head up. An updated biography of the PM discloses that Mr Cameron told Mrs Brooks that she would get through her difficulties, just days before she stood down. Such contact then came to an “abrupt halt”, although he sent an emissary to apologise for his sudden coldness, explaining that Ed Miliband had him on the run.
The Daily Telegraph
Vodafone back in India’s sights
The Indian government is to press ahead with plans to retroactively tax companies such as Vodafone who buy assets in the country.
Argentine-Spanish row escalates
The trade row between Argentina and Spain took another twist yesterday after the Spanish telecoms giant Telefonica was ordered to pay $43m (£26.6m) for an interruption in mobile phone services lasting just a few hours.
THE WALL STREET JOURNAL
Berlin airport faces new delay
Plans to open a major new airport in Berlin screeched to a halt yesterday after officials said the opening would be delayed up to three months due to safety concerns
Myspace settles privacy complaint
Social-networking website Myspace has settled allegations by the Federal Trade Commission that it deceived millions of its users by sharing their personal data with advertising companies.