Weekly Trading Update

Weekend Paper Roundup 06/06/2016



Financial Times
- Walmart pilots grocery delivery tie-up with Uber
- Lucrative business class gone for good, says Emirates head
- Alliance Trust confirms RIT made takeover approach
- Former Barclays director charged with leaking tips
- Ousted Valeant chief’s $10 million pay-off causes controversy

The Wall Street Journal 
- EU still doubts VW data
- CEO pay hardly tracks performance
- Questions dog Nestle on agility
- Uber gets $3.5 billion from a Saudi fund
- Curry houses ‘spice’ EU’s Brexit debate 

The Guardian
- Former BHS owner Arcadia Group agreed to protect business
- Bank of England in preparations for potential Brexit
- Jeremy Hunt asks competition watchdog to look at drug pricing
- Excess capacity in Chinese economy distorting world markets, says Jack Lews
- Sports Direct founder Mike Ashley agrees to appear in front of MPs

The Telegraph 
- Sir Philip Green is yet to make BHS pensions offer
- Farmers lead backlash against green energy subsidy cut
- Bank of Scotland warns of further North Sea pain after ‘severe’ oil slump
- UK workforce to grow as entrepreneurs optimistic about economy
- British manufacturing to remain stuck in recession

The Times
- Santander dragged into HSBX money laundering enquiry
- Glaxo’s HIV division lands deal to treat millions in Africa
- Founder of Noble Group steps down
- Dismal US jobs data end any prospect of rate rise
- LSE pays a high price to retain its City cachet

Daily Mail
- Walmart slams Asda over poor performance
- Tata to reveal shortlist of bidders for its UK plants as Indian owner works on restructuring plan
- RBS sued for £145 million over its alleged role in huge carbon trading VAT fraud
- Planning applications in the South rocket as builders cash in on London commuters
- M&S to reveal it paid ex-boss Marc Bolland £17 million during his 6 years at the retailer

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