Weekly Trading Update

Weekend Paper Roundup 07/09/2015



Financial Times
- FDA boost for AstraZeneca’s Brilinta drug
- Bayer braves headwinds with plan for plastics IPO
- Indian drugs group Cipla buys two US generics manufacturers
- Gazprom revives BASF asset-swap deal
- Bank of America shareholders to vote on chairman’s dual role

The Wall Street Journal
- Glencore scraps dividends to cut debt
- Blurry job picture test for Fed
- G20 countries vow to refrain from currency depreciation
- Venezuela says China to give $5 billion oil loan
- Netflix still ‘disconnected from fundamentals’ despite big drop

The Guardian
- China’s central bank governor says yuan has stabilised against the dollar
- BT steps up sport and drama as it tussles with Sky for customers
- UK farmers join Brussels protest over milk and meat prices
- Primark hopes luck of the Irish will see it win US hearts, and dollars
- John Lewis’s sales echo wider retail woes with more than 3% fall

The Telegraph
- Nationwide calls on MPs to save buildings societies from the bank tax
- British deal boom pushes Lazard back into the black
- Miners hardest hit, as US jobs data drags stock markets lower
- Morrisons to receive up to £50 million from convenience store sell-off
- Frozen food giants go head-to-head for Quorn

The Times
- Cameron to sign deal for Chinese nuclear reactor in Essex
- Court showdown over Lehman’s $7 billion legacy
- Google eyes first step back into China
- Shire lines up hitlist if Baxalta deal flops
- Tesco quits Korea with £4 billion sales of 900 stores

Daily Mail
- TBS owner Sabadell banks on more UK deals to take on Big Four high street lenders
- City ramps up action against the ‘abysmal’ Sports Direct and its ‘inhuman’ treatment of staff
- Slump in Chinese production costs could put British fashion labels on a new footing
- Online gaming firm Bwin.Party switches horses to GVC from 888 Holdings
- Shortage of homes set to fuel new price boom as figures show enquiries from potential new buyers are soaring

The Independent
- Bonuses for FTSE100 bosses bear no relation to performance
- Ryanair upgrading from ‘Chelsea blue’ to ‘Spurs blue’ colour scheme in rebrand push
- Disney could be in for $3 billion in Stars Wars merchandise sales
- Hugo Boss fined $1.2 million over death of four year old killed by falling mirror
- Market chaos is almost over, China tells G20

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