Weekly Trading Update

Weekend Paper Roundup 11/07/2016



Financial Times
- Cancer drugs trial deaths hit hopes of revolutionary cure
- Barroso joins Goldman to guide on Brexit fallout
- Nintendo surges on success pf ‘Pokemon Go’ mobile game
- Deutsche Bank grapples with rising challenges
- M%S sales rise turns to loss after question from analyst

The Wall Street Journal
- Revving up US oil fields won’t be easy
- Danone targets US with deal
- Hotels counter inroads by travel sites
- EU accepts remedies from shipping firms
- FTSE 100 resilience isn’t all it appears

The Guardian
- Halt sugar tax introduction, urges food and drink industry
- Unplanned overdraft fees ‘four times costlier than pay-day loans’
- Disaster looms if British film disconnects from Europe, says studio head
- Hopes rise for big friendly tourist boost to screen locations of Roald Dahl’s children’s classic
- Berlin is beckoning to Britain’s start-ups; but will they leave London?

The Telegraph
- Rio’s favela entrepreneurs turn to tech in time for the 2016 Olympics
- Deutsche Boerse posed to lower vote threshold to seal LSE deal
- Office provider offers one-month leases amid economic uncertainty
- Osborne begins world tour to reassure investors as economy dips
- Economy stutters as Brexit fallout takes hold

The Times
- Carney readies rate cut to revive growth
- Ratcliffe gears up to bring back Defender
- Cameron hands billions to Boeing
- Italy in emergency tarlks with Brussels over bank bailouts
- Astra weighs up $10 billion bid for prostate cancer drug developer

Daily Mail
- Burberry’s sales woe is offset by sterling’s collapse
- Farnborough air show takes off with £7 billion in deals
- BT chairman Mike Rake warns of devastating consequences of Brexit
- Industry body warns plans to open up UK to unrestricted foreign trade will be rejected by British manufacturers
- Falling pound will boost UK tourism, says boss of Holiday Inn owner InterContinental Hotels

 

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