Weekly Trading Update

Weekend Paper Roundup 06/07/2015



Financial Times
- Monsanto chief challenges Syngenta’s resistance to $45 billion bid
- Credit Suisse poised for ‘ruthless’ strategic review
- Petrobas slashes spending in effort to shrug off scandal
- Shell fleet sets sail for drilling in Arctic
- Santander lifts US stress test outlook with loans unit deal

The Independent
- Greeks turn to Bitcoin as cashflow restricted
- BP hit with record $18.7 billion fine over Deepwater Horizon Gulf oil spill
- Thomas Cook fails to claw back any of former boss’s £5.6 million bonus
- Is the Chinese stock market bubble about to burst?
- House process in some London suburbs up almost 20% in three months

The Wall Street Journal
- For US earnings season, bar is low and hopes are high
- Iran wants to double oil exports after sanctions end
- Regulators probe marketing of hot private tech shares
- Goldman upbeat on casual dining amid changing consumer tastes
- Apple Watch demand ‘slowing quickly’

The Guardian
- Tories want businesses to pick up slack as budget targets in-work benefits
- FCA’s £819 million in fines revenue gives Osborne room to fund worthy causes
- Break-up of six big energy firms not needed, says regulator
- UK exporters feeling the heat from Eurozone crisis
- Osborne’s £13 billion ‘northern powerhouse’ fund includes routine council spending on potholes

The Daily Telegraph
- Shares in Imaginatik soar as Rob Terry increases stake
- A takeover frenzy is gripping British boardrooms
- Ferrari worth more than £7 billion, says Fiat chief
- Dixons Carphone teams up with mobile network Sprint to open US stores
- Uber is losing more money than it’s making

The Times
- Osborne banks on cities to cure ‘British disease’
- Sorrell’s online ad giant plots $2 billion float
- Supergroup sets sights on China
- Leighton takes on Wagamama chair
- Explorer opens new front on fracking

Daily Mail
- M&S under pressure to raise pay on both sides of Channel amid hopes of profit revival
- Betfred’s a big winner as its punters gamble £13 billion and help it lift profits
- Gatwick’s still very much in the game, insists boss despite Airports Commission’s Heathrow recommendation
- Central bank provides lifeline to shore up embattled Chinese stock market
- Bidders stalk the UK’s top landlord Grainger

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