Weekly Trading Update

Weekend Paper Roundup 04/07/2016



Financial Times
- Rio Tinto’s focus on cost cuts shields miner from gloom
- BMW and Intel plan driverless cars rollout within five years
- Spotify cries foul over Apple’s ‘weapon’ aimed at music rivals
- Push for higher wages squeezes US profits
- Santander and Deutsche Bank units fail stress tests

The Wall Street Journal
- Brexit poses data protection issues
- AB InBev faces beer-imports probe
- Victoria’s Secret feels pinch of ‘bralette’
- Shell says it won’t quit on EU
- Exxon Mobil presses case for carbon tax

The Guardian
- George Osborne looks at corporation tax cut to attract overseas investors
- City regulator’s fines drop from £819 million to £7 million in a year
- Call for new powers to protect company pensions after takeovers
- Brexit vote could mean US real estate boom as investors look outside London
- Tax reform expert calls for register of owners of corporate trusts

The Telegraph
- Javid bolsters business team to keep firms on-side ahead of Brexit talks
- Twenty more banks want a licence in flood of new competition
- Small businesses confidence marked record plunge ahead of Brexit vote, FSB says
- Private equity plans Norwegian-style Brexit as 2016 deals shrink
- Angola-based explorer Lucapa Diamonds weighs AIM listing

The Times
- FTSE bosses draw up plans to cushion Brexit blow
- Carney loosens reins on banks to spur lending
- Remain backer’s $1 billion poll bonanza
- Tata puts Port Talbot sale on ice
- LSE investors back merger despite German warnings



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