Weekly Trading Update
Weekend Paper Roundup 01/02/2016
- Chevron slumps to loss amid crude price rout
- Fears over demand for jets clouds Boeing costs boost
- RBS on course for eighth successive annual net loss
- Activist Icahn scores Xerox victory but AIG fights back
- Lower fuel prices give US carmakers a helping hand
The Wall Street Journal
- Oil slump sets scene for more mergers
- Amazon disappoints with a record profit
- H&M keeps bet on China
- Alibaba defies China woes
- Microsoft gets help from its cloud business
The Guardian
- HSBC to freeze salaries and hiring in 2016 to cut costs
- BP to announce 70% collapse in profits
- MPs to debate whether Financial Conduct Authority is up to job of regulating City
- Barclays and Credit Suisse to pay biggest ever fines for dark pool trading
- Industry chiefs weigh up Network Rail privatisation, new minutes show
The Telegraph
- Rolls-Royce Holdings lands £1.9 billion order
- Hitachi to remain in UK regardless of Brexit vote
- MPs attack UK productivity plan as ‘vague and impractical’
- Oil price crash: Saudis told to embrace austerity as debt defaults loom
- Sky backs £10.25 billion Three-O2 merger as EU prepares objections
The Times
- Facebook’s 4% tax rate stokes avoidance row
- Ministers tighten screws on BAE and Rolls over subs
- Activist blasts ‘unexciting’ Grainger plan
- Swedes poised to jump into Tui’s Hotelbeds
- Thiam to reveal big loss at Credit Suisse
Daily Mail
- Interest rates could stay on hold for rest of year as economy slows, BoE to signal this week
- Pension funds at risk as BP and Shell’s near £10 billion profits slump sparks dividend fears
- Chancellor criticised for leaving public ‘in the dark’ over plans for new runway at Heathrow
- Lush Cosmetics to create strategy for ‘coping with success’ as it sees rapid expansion
- Major Home Retail Group investors claims Sainsbury’s bid would need to be at least £1.4 billion
The Independent
- Government and green energy in court showdown over solar subsidies
- UK cinema ticket prices rise again
- Defence titans offer £30 million to Sheffield steel maker
- Murdoch’s return as Sky chairman is inappropriate, warns investor
- HSBC online banking hit by attempted cyber attack
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