Weekly Trading Update

Weekend Paper Roundup 14/09/2015



Financial Times
- Record year in sight after week’s $50 billion in M&A deals
- Spotlight turns to possible rigging of Treasury market
- Fosun fuels push into financial services
- Alcatel-Lucent cuts ex-chief’s payout
- Investors flee EM on US rate uncertainty

The Wall Street Journal
- Pfizer loses UK patent case
- Apple taps Eurozone bong market again
- Cosco plans to acquire 11 giant container ships
- Oil slump muffles a boom for pipelines
- China’s Didi Kuaidi takes fight to Uber

The Guardian
- Interest rates must rise ‘relatively soon’, says Bank of England’s Martin Weale
- China unveils plans for partial privatisations as economy cools
- Tesco bosses’ lack of shareholding raises eyebrows
- Lloyds bank develops easy-to-use current account checker
- Glencore finds itself off balance

The Telegraph
- Applegreen reports profit surge in first results since IPO
- Rain wrecks retailers’ hopes in summer of the stay-aways
- Challenger banks claim competition probe is not tough enough
- Defence companies face fresh scrutiny over contract charges and profits
- PwC partners enjoy biggest payouts for five years

The Times
- Treasury has sought to meddle with forecasts
- Housebuilders retreat from English countryside
- Jaeger chief out after rows over way forward
- Scandals cost bankers £900 million in bonus payments
- Funding row could suck wind from Hornsea 2 and 3 power project

Daily Mail
- Pearson opts to keep its 47% stake in Penguin publishing house
- Former Thomas Cook boss Harriet Green to join computer giant IBM
- Kingfisher under pressure to pay £200 million dividend to shareholders after abortive attempt to acquire Mr Bricolage
- Tesco’s remaining Asian business could be next on the chopping block
- Experts say US interest rate rise is a ‘very close call’

The Independent
- Star Wars films have force to boost UK economy by £150 million
- Hawk flutters at Bank of England despite weakening economy
- BHS owner Retail Acquisitions secures £60 million loan for turnaround plan
- Analysts attack ‘bonkers’ bunching of retailers’ results
- OPEC victory as US shale oil producers are driven to the wall



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