Washington plans to impose fresh sanctions on Tehran and warns that Iran should not mistake US “prudence for weakness”, Ericsson’s head of US business says the UK’s plan to shut Huawei out of parts of its 5G network makes little technical sense and the US Federal Reserve quizzes Deutsche Bank over its “bad bank” plans. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains why the world’s top 500 companies are set to miss the climate goals outlined in the 2015 Paris agreement.

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