Weekly Trading Update

Weekend Paper Roundup 18/07/2016



Financial Times
- Wells and Citi feel the squeeze but results hearten Wall Street
- Samsung unit in talks to buy stake in electric carmaker BYD
- MBK makes $1.4 billion pitch for Accordia
- Qatari royals become biggest stakeholder in Deutsche Bank
- Herbalife settles with FTX in blow to Ackman

The Wall Street Journal
- EU steps up pressure on Google
- China’s influence on Hollywood is growing
- Revenues surprise at JPMorgan & Chase
- Hard work looms for Boeing, Airbus
- BP’s tab for Gulf spill to reach $61.6 billion

The Guardian
- Brexit impact is going to be horrible, says leading City fund manager
- Australia eager to start free trade talks with Britain
- Trading standards to investigate ‘fake’ British farm brands
- Whitley Bay leads renaissance of northern resorts
- Bank of England to close personal banking service for employees

The Telegraph
- Can Pokemon Go save Nintendo?
- Swathes of London office space could be deserted
- UK to ‘skirt recession’ as house prices drop and joblessness climbs
- Chinese growth beats expectations but analysts warn boom will be ‘short-lived’
- Hammond to fight EU’s $1 trillion power grab

The Times
- Chemicals tycoon Ratcliff heads home from Swiss tax exile
- Whitehall scours City for Brexit trade experts
- Activist piles into SAB Miller takeover
- GM crops may bloom in Britian
- Lockheed boss may invest more in UK

Daily Mail
- Inflation set to rise to 0.5% as result of the plummeting pound, experts warn
- Betfred plunges into red due to decline in digital operations
- Britain’s army of small investors could receive boost due to dramatic devaluation in sterling
- Engineer Rolls-Royce latest UK form to talk to Iranian government in hope of winning contract
- Uber faces its first legal action in UK over whether its drivers are workers or self-employed


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