Weekly Trading Update

Weekend Paper Roundup 16/05/2016



Financial Times
- VW raises 2 billion renminbi in China as European sales fall further
- South Africa gold mine groups face lung disease lawsuit
- Clothing stores suffer weak results on strong dollar
- Brussels ruling deals blow to Hutchinson over O2 deal
- Rare stumble for Disney as ESPN drags on share price

The Wall Street Journal
- Asia-Europe shipping deal near
- Apple steps up effort to reach classrooms
- Nissan embraces Mitsubishi motors
- Wal-Mart is testing two-day shipping
- Facebook feeds rely on data, human touch

The Guardian
- Thomas Cook hires strategist for safer tourism foundation
- Brexit minister accuses Bank of England of ‘dangerous intervention’
- Boris Johnson accused of ‘dishonest gymnastics’ over TTIP U-turn
- Alibaba membership of anti-counterfeit group suspended amid conflict claims
- Moody’s downgrades Saudi Arabia credit rating over oil price slump

The Telegraph
- Premier Foods boss to face angry investors over bid failure
- EU plans for ‘digital single market’ threaten films and TV shows, warn producers
- Asda braces for another slide in sales
- Household debt binge could compound downturn, warns Carney
- Employment drops for first time since general election as Brexit fears mount

The Times
- Watchdog forces banks to push cheaper deals from rivals
- Pharmaceuticals giants in superbug row
- Buffett to join Yahoo bid battle
- Ladbrookes/Gala Coral pray for winner as regulator weighs merger
- Shareholders turn heat on Bisto boss

Daily Mail
- BHS saviour to be chosen this week as probe into what went wrong will extend to advisors
- French giant Total opens £3.5 million gas plant off the Shetland Islands
- Burberry braced for a 7% profits drop due to China slowdown
- Carney strongly defends BoE warning that a vote next month to leave the EU could top Britain into recession
- Fund boss Andy Brown bags £29 million dividend thanks to jump in sales and profits

The Independent
- Nintendo to put Mario on the big screen as it eyes the film business
- VW to be sued by $850 billion Norway oil fund over emissions scandal
- EDF downgraded on Hinkley Point risks in ‘massive red flag’
- Egg price drops 40% amid supermarket price war
- Fracking well near North York Moors National Park backed by planner


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