Weekly Trading Update
Weekend Paper Roundup, 02/02/2015
- Sky to launch mobile network as battle over telecoms intensifies
- Amazon going head to head with Netflix as it invests $1.3 billion in Prime Instant Video
- Shell returns to Arctic, but still cuts £10 billion from global investment
- Jay Z to buy Aspiro, owner of Swedish music streaming service Wimp
- Shake Shack valued at nearly $2 billion as shares soar in market debut
The Wall Street Journal
- Morgan Stanley shops oil-storage unit again
- Brevan Howard treads a rocky road
- Chinese fund assembles star-studded cast of advisers
The Guardian
- Swiss Central Bank now has ‘unofficial euro target’
- BP to follow Shell in cutting spending
- China manufacturing shrinks for the first time in 2 years
- Angela Merkel rules out cancelling any more Greek debt
- Sky Sports poised to snatch Open rights from BBC for £10 million a year
Financial Times
- Fed looms large over bank stock prospects
- Hard-up councils prepare munibonds
- Bulk commodity shipping rates fall sharply
- Gross calls ECB QE ‘too little, too late’
The Daily Telegraph
- City damaged by UK’s ‘diminishing influence’ in EU
- Balfour Beatty reveals Thames Water contract win
- Labour will be catastrophic for UK, warns Boots boss Stefano Pessina
- Standard Chartered looks to rival to replace embattled chief executive
- FTSE 100 records best month for almost a year
Daily Mail
- Ocado poised to unveil profit for first time in 15 year history
- Inmarsat successfully launches latest satellite aiming to deliver 100x current broadband speeds
- RBS economist: Interest rates won’t rise until recovery is much stronger
The Times
- BP and BG to slash jobs as profits are halved by oil price slump
- Americans line up £2 billion bid for Auto Trader
- ‘Zero’ chance new Heathrow runway will open on time
- ECB threatens to pull plug on Greek banks
- John Allan leads race to chair Tesco
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