Weekly Trading Update

Weekend Paper Roundup 08/06/2015



Financial Times
- Barclays set for $750 million Lehman lawsuit boost
- Deutsche Bank probes $6 billion in trades by Russian clients
- Walton exit markets Wal-Mart milestone
- Apple streaming service leaves iTunes behind
- Thousands cash in retirement savings early 

The Independent
- Vodafone confirms it is in talks with Liberty Global
- City must be given key role in reforms, Lord Mayor insists
- MPs to report on economic pros and cons of Britain’s EU membership
- Labour to set up ‘business forum’ in effort to understand election defeat
- Lloyds chief takes cut in bonus after record £117 million fine for PPI claims

The Wall Street Journal
- China bucks trend as Asia stocks slip
- GE nears deal to sell private-equity lending unit
- MasterCard targets $1.6 billion Somalia remittances business
- Saudi stock market plan gets vote of confidence from IMF
- Dow theory has investors skittish 

The Guardian
- Foxtons commission charge sparks legal action from landlords
- Deutsche Bank bosses resign following Libor manipulation scandal
- HSBC to reveal plans over UK headquarters in face of bank levy
- Obama on G7 unity mission as US president looks to repair German ties
- West must pay up to secure deal at Paris climate change summit, warns Fabius

The Daily Telegraph
- Morrisons cuts the price of 200 products
- BT seen as likely takeover target for Germans
- Graze.com hails US success as sales soar
- Apple poised to bring Apple Pay to UK
- Sky questions Champions League value as BT prepares attack

The Times
- Osborne to signal bank levy retreat in olive branch to HSBC
- Chinese eye Balfour Beatty
- Standard Life to lead charge on Sorrell pay
- Sainbury’s fails to halt slide in sales
- Greece deal could unlock €20 billion

Daily Mail
- From Sainbury’s expected sales drop to Tesco’s likely code of practice breach: UK’s grocers are facing up to fresh troubles
- Pharmaceuticals group Shire eyeing its Swiss rival Actelion for a £12 billion bid
- Mulberry expected to report drop in profits after increasing prices to match luxury brands
- Rolls-Royce cars enjoyed record sales in 2014 as interest in British brands booms
- Worldplay staff in line for £400 million flotation windfall later this year


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