Thursday newspaper round-up: Twitter, Poundland, China

Poundland has hired Hilco, the restructuring group, to renegotiate all the rents with the landlords of 99p stores after its £55m takeover of its rival. In a move that has angered some in the property industry, Hilco and Poundland are believed to have asked landlords of 99p stores for rent cuts. – The Times

The US is poised to sail warships close to China’s artificial islands in the South China Sea as a signal to Beijing that Washington does not recognise Chinese territorial claims over the area. A senior US official said the ships would sail inside the 12-nautical mile zones that China claims as territory around some of the islands it has constructed in the Spratly chain. The move is expected to start in the next two weeks. – The Financial Times

Governments and central banks risk tipping the world into a fresh financial crisis, the International Monetary Fund has warned, as it called time on a corporate debt binge in the developing world. Emerging market companies have "over-borrowed" by $3trn in the last decade, reflecting a quadrupling of private sector debt between 2004 and 2014, found the IMF's Global Financial Stability Report. – The Daily Telegraph

The gulf between SABMiller and Anheuser-Busch InBev has widened after the FTSE 100 brewing giant called on the takeover regulator to intervene when its suitor incorrectly suggested that a key shareholder was going to back its £65bn bid. SABMiller is believed to have been angered after Carlos Brito, the boss of AB InBev, used a conference call to claim that he expected to receive the support of Colombia’s Santo Domingo family. – The Daily Telegraph