Weekly Trading Update

Weekend Paper Roundup, 02/03/2015



The Wall Street Journal
- Fed ushers in new era of uncertainty on rates
- European banks draw scrutiny over reciprocity
- China central bank cuts rates, spurs on dollar
- Actavis readies big bond deal
- RWE to proceed with North Sea gas deal

The Independent
- Royal Mail to increase stamp prices by 1p
- IAG increases profits forecast after better than expected 2014
- RightMove receives record number visitors
- Ladbrokes to close 60 shops as tax hits profits
- SeaWorld reports fourth quarter losses amidst continued Blackfish fallout

The Guardian
- Samsung reveals Galaxy S6 and S6 Edge smartphones
- HSBC to choose next chairman from external candidates
- Chicago debt is two levels above junk status as Moody’s downgrades rating
- Walmart minimum wage rise piles pressure on rivals
- India unveils budget for growth

Financial Times
- Tullow faces blue-chip relegation
- Wood Mackenzie seeks £2 billion listing
- Chipmaker NXP to buy Freescale
- Buffett letter sparks succession talks
- Orange eyes tie-up with Telecom Italia

The Daily Telegraph
- CBI warns mid-sized firms are still locked out of funding
- China’s manufacturing sector shrinks for second month running
- Thorntons profits drop after grocers cut orders
- Engineering delivers £280 billion in added value to UK economy a year
- Lancashire pension fund makes final round of Eurostar bidders

Daily Mail
- AstraZeneca considers connecting bonuses to profits pledge made during Pfizer’s takeover bid
- Investors fear post-election chaos as most believe politicians do not do enough to support them
- Brent Crude makes biggest monthly gain in 6 years
- Loss-making RBS set to pay former boss Hester a £1 million bonus 2 years after leaving
- UK sees 15,000 buildings firms set up in just one year

The Times
- Abu Dhabi launches £1.6 billion bid for owner of Claridge’s hotel
- Blackstone boss pockets £447 million in 2014
- Club Med’s Chinese buyer in Afren order
- Vue lines up bid for Nordic cinemas
- Fury at Lidl ‘late payment’



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