Weekly Trading Update

Weekend Paper Roundup 15/02/2016



Financial Times
- TV stocks suffer as viewers cut the cable
- Rio Tinto chief tries to keep a steady course amid the storm
- Rolls-Royce cheers by affirming outlook
- Uber fundraising round picks up $200 million from LetterOne
- Ikea accused of avoiding €1 billion in tax by EU politicians

The Wall Street Journal
- Boeing shares drop on SEC probe report
- Nokia calls its outlook ‘challenging’
- US challenges EU on tax probes
- Total posts a loss, maintains dividend
- Tesla loss widens, yet output is likely to rise

The Guardian
- UK banks vulnerable to global shock, economist warns
- Asian workers making M&S clothes paid far less than living wage
- Brexit could risk tourists’ safety and push up flight prices, say top travel figures
- RBS named worst bank for customer satisfaction
- Under-35s in the UK face becoming permanent renters, warns thinktank

The Telegraph
- HSBC will remain in London after board makes final decision on bank HQ
- Hornby boss steps down following profit warning
- UK new nuclear plan will fail without private investors, says Horizon chief
- Ex-VW boss ‘aware of emissions cheating for a year’ but did nothing, leaked report suggests
- Cold winds blow in shoppers to the high street

The Times
- Google dismisses six-year HMRC probe as ‘not material’
- Europe’s banks face fresh funding crisis
- North Sea tax bailout talks
- Anglo American plots break-up after record losses
- Oman Air breaks Heathrow record with deal for slots

Daily Mail
- British steelworkers heading to Brussels to protest outside the EU over cheap Chinese imports
- BAE Systems lines up oil industry veteran for top job as the defence giant prepares profits fall
- British Gas profits poised to rocket 30% as energy costs plummet
- Mountain Warehouse targets America with plans to open more stores ahead of float
- Former Tesco boss Sir Terry Leahy: ‘We should stay in EU’

The Independent
- GMB union to mobilise 640,000 workers behind staying in EU
- EDF pressured to abandon Hinkley Point C nuclear power plant project
- MPs consider linking National Grid to harness Norwegian green energy
- Cogenpower is first AIM listing of the year
- GlaxoSmithKline fined £37.6 million for cheating NHS and taxpayer

 

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