Pulled out the French newspaper (4)
I believe the answer is:
left
'pulled out' is the definition.
(I've seen this in another clue)
'the french newspaper' is the wordplay.
'the french' becomes 'le' ('the' in French).
'newspaper' becomes 'FT' (Financial Times newspaper).
'le'+'ft'='LEFT'
(Other definitions for left that I've seen before include "The side of socialism" , "inclined towards socialism" , "The sinister side" , "Punch, perhaps" , "set out" .)