Weekly Trading Update

Weekend Paper Roundup 01/09/2015



Financial Times
- Syngenta proves third time unlucky for Monsanto chief
- Facebook passes milestone and stresses value of video
- BHP Billiton makes payout pledge and output promise
- European banks fight to retain US pension rights
- New alliance beckons for RSA with Zurich approach

The Wall Street Journal 
- David Einhorn’s Greenlight takes a beating in August
- Global CEOs see emerging markets as rich with opportunity
- US government bonds end August flat
- Puerto Rico extends deadline for draft restructuring 
- VW is told to shed Suzuki stake

The Guardian
- Eni discovers largest known gas field in Mediterranean
- Rolls-Royce co-operating with Brazilian investigation into Petrobas bribery
- Fed vice-chairman hints at interest rate increase in speech on inflation
- Bank of England chief says interest rate plans unaffected by Chinese slowdown
- Thousands of North Sea oil jobs at risk as platform builder fails to win contract

The Telegraph 
- Businesses will crumble under strain of minimum wage hikes, warns CBI chief
- British firms still keen for deals despite global M&A slowdown
- Luxury industry in Britain is worth up to £54 billion
- French economy minister calls for full fiscal union in Eurozone
- Chinese ‘hard landing’ would force Bank of England to slash interest rates

The Times
- Vue weighs blockbuster £600 million bid for Odeon
- Haldane leads race to run City watchdog
- Bwin set to jilt suitor as gambling battle heats up
- Big debts threaten ailing care home giant Four Seasons
- Eurozone closes in on Greek debt plan

Daily Mail
- Challenger banks to confront Treasury over plans for an 8% surcharge on corporation tax
- Watchdogs investigate unusual share price activity ahead of £5.6 billion Aviva/Friends Life merger
- Morrisons and G4S in danger of relegation from FTSE as index comes up for renewal
- Ocado takes on Amazon in its heartland as US giant is tipped to launch UK grocery service
- New blow for RBS as it is sued over £1.1 billion loan

The Independent
- Chinese journalist appears on state TV ‘confessing’ to causing the stock market chaos
- Tesco softens pensions blow after flood of staff complaints
- Network Rail hires consultant to sort out late trains and spiralling engineering costs
- Small brewers are toast of industry
- German teenagers have adopted Angela Merkel’s name as slang for indecisiveness


 

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