Financial Times

Nato has warned Moscow to abandon its belligerent foreign policy and cooperate with the West or face a military alliance steeled for conflict, reports the Financial Times. 

Speaking on the first anniversary of the assault on the Capitol building, President Biden vowed to defend the US from a “dagger at the throat of democracy”, the Financial Times reports.

The FT says shares in travel and leisure firms have surged due to a feeling that the disruption caused by Omicron may be “waning” despite record cases numbers in some countries.

Apple has become the first company to hit a market capitalisation of $3tn, after its value rose by $1tn in less than 16 months, writes the Financial Times. 

Global mergers and acquisitions for 2021 have hit their highest levels since records began more than four decades ago, owing in part to booming markets and widespread stimulus measures, the Financial Times reports.

The Financial Times leads on Elon Musk rejecting criticism that his Starlink satellites are “hogging too much space in space”.

Companies raised a record $12.1tn in 2021 by selling stock, issuing debt and inking new loans, according to the Financial Times.

The Financial Times reports on record daily COVID cases in the UK and a study suggesting that people infected with the Omicron variant are much less likely to be admitted to hospital than those with Delta.