Weekly Trading Update

Weekend Paper Roundup 13/07/2015



Financial Times
- Shanghai shares advance after Beijing intervention
- Swiss step up BSGR probe
- P&G offloads 43 beauty brands to Coty for $12.5 billion
- Sirius Minerals sets ambitious production target for Yorkshire site
- IHG offloads flagship Hong Kong hotel for $938 million

The Wall Street Journal
- Samsung deal faces pass-fail
- UK ends its probe of ‘London Whale’
- Regulators say more data is needed to repair Libor
- Yahoo looks toward online gambling
- Tech start-ups face tougher financing

The Guardian
- Uncertainty over ‘Brexit’ likely to delay investment in UK, Irish IDA chief warns
- Puerto Rico’s soaring cost of living, from giant electric bills to $5 cornflakes
- Treasury select committee to question Carney on Greek crisis and interest rates
- Health insurers push states for premium hikes as Americans play guinea pigs
- China’s stock market turbulence is over? Don’t count on it

The Daily Telegraph
- Consumer spending hits five-year high as Brits ‘enjoy themselves’
- Online snack seller Graze expands into bricks-and-mortar stores with Sainsbury’s deal
- Apprentice levy will not solve skills crisis, warns CBI
- Lonmin Group becomes FTSE 250 laggard after bearish broker note
- Fever Tree takes to the skies with British Airways deal

The Times
- Care homes warn of threat from living wage
- Last throw of the dice in battle for Bwin
- Lockheed Martin swoops in $8 billion Sikorsky helicopters
- America’s shale drillers add to rising oil levels
- Ryanair’s U-turn clears IAG to land Aer Lingus deal

Daily Mail
- Burberry could be heading for sales slowdown after 10 quarters of ‘sector leading’ growth
- Report says ‘skills emergency’ in UK could ‘starve growth’, according to CBI
- Standard Chartered poised to review whether to move headquarters overseas
- Barclays will look outside to replace ‘Saint Anthony’
- Dixons Carphone’s profits hit by mega-merger and restructuring costs

The Independent
- Living wage: one-third of shop workers to miss out
- Why is Britain losing tourist money to its European rivals?
- London tenants to be hit with price hikes after landlords’ Budget battering
- Windows Phone likely dead as Microsoft sacks 7800 staff
- Osborne’s living wage will leave 60,000 people without jobs, says OBR


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