Weekly Trading Update

Weekend Paper Roundup 22/06/2015



Financial Times
- Alibaba’s AntFinancial joins giants of tech on back of $45 billion valuation
- Google’s smart city ambitions take shape
- Aer Lingus seeks Heathrow slots backing
- Brydon to become chairman of London Stock Exchange
- Bets against Japanese shares hit record level

The Independent
- Apple Music will pay artist during three month trial period
- Formula E is on track for a stock market flotation
- RBS completes 600,000 delayed payments three days after they were due
- Tax windfall puts Osborne on track to beat target by £15 billion
- Billionaire Teddy Sagi buys another piece of Camden Town

The Wall Street Journal 
- Oil lending to Venezuela goes awry for China
- Iran readies better energy terms
- Nestle struggles with India regulations
- Airbus, Boeing book $107 billion in deals
- Fitbit shares jump in trading debut

The Guardian
- Tesco expected to reveal fall in sales ahead of annual general meeting
- Levy on frequent leisure flyers proposed to make airport expansion unnecessary
- US official says British government undermined progress on tax avoidance
- Compass Group subsidiary ‘paid bribes to Kazakhstan customs officials’
- Creditors offer Greece six-month bailout reprieve as Tsipras weighs response

The Daily Telegraph
- Ethnic diversity among FTSE 100 chiefs nosedives
- Patrick Drahi eyes Bouygues Telecom for French merger
- Card Factory falls after management share sale
- Pension providers doubt 2016 goal for second-hand annuity market
- Activist investor increases stake in Premier Farnell 

The Times
- Canadians back for £5 billion tilt at Severn Trent
- RBS risks fury of investors over share sale costs
- Tesco faces revolt after pay-offs and accounts scandal
- Chief executive Holliday to stand down at National Grid
- Fears rise for bond market liquidity

Daily Mail
- M&S slashes its online sales by £151 million
- Timothy Taylor sees profits double after Yorkshire Tour de France boost
- Motorway services firm Moto sees turnover drop following petrol price fall
- Banks raise fears new ring-fencing rules may add to red tape for lending to businesses
- Competition watchdog to call for energy price controls


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