Weekly Trading Update

Weekend Paper Roundup 02/11/2015



Financial Times
- Chevron and ExxonMobil profits dive amid low oil prices
- Fifa probe authorities question Credit Suisse
- Airbus jumps on strong results and plans to raise production
- Pfizer deal talk raises ‘inversions’ anger
- Valeant cuts ties with pharmacy group

The Wall Street Journal
- English soccer scores with TV viewers in US
- Cosco sets route plying the Arctic
- Apple gets big boost from business in China
- Retailers step back from Black Friday
- Samsung logs gain in mobile operations

The Guardian
- UK banks await windfall news from likely £14 billion sale of Visa Europe
- China’s manufacturing sector contracts for third month in a row
- Selfridges reports record annual profits
- UK losing millions in VAT from non-EU sellers on Amazon and eBay
- Coalition asks miners and coal seam gas firms to respect farmers’ ‘moral rights’

The Telegraph
- Ryanair profits soar as holidaymakers head for the sun in ‘bumper summer’
- Investors circle around Channel 4 as privatisation draws interest
- Bank of England and US authorities to simulate cyber-attacks
- Greek banking system needs €14.5 billion to survive
- George Osborne ‘risks huge storm’ if he scraps pension tax relief

The Times
- Cameron wants sea cable to bring lava power from Ireland
- Glaxo boss faces investor ire
- Profits plunge at Standard Chartered
- Chinese renminbi set to be added to world reserve currencies by IMF
- Honda’s £48 million hit as sales keep falling

Daily Mail
- Aviva UK Life boss: Pension ISAs won’t increase impetus to save for retirement
- Marks & Spencer’s struggling international business hampering company’s turnaround
- One in five Black Friday shoppers buy and then sell on for a profit
- Sports Direct probed by competition watchdog over allegations it blocked negative reviews
- Lidl hits annual sales record of £4 billion

The Independent
- HSBC results beat expectations
- A third of young women ‘will earn below the Living Wage next year’
- Nine out of ten companies ‘failing to plan for low-carbon economy’
- Pets at Home was the runt of the mid-cap litter
- EU regulators open in-depth inquiry into Three’s takeover of O2


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