Weekly Trading Update

Weekend Paper Roundup 23/11/2015



Financial Times
- China police swoop in wake of $125 billion in illegal cash transfers
- Square shares surge from low initial offering price
- Starwood deal opens door to 1 million rooms for Marriott
- Barclays’ $150 million penalty casts shadow over lenders
- Air Liquide urges investors to appreciate deal benefits

The Wall Street Journal
- Fairness of SEC judges is in spotlight
- JPMorgan hacking points to Israel’s internet underbelly
- Alibaba seeks to sell stake in Chinese technology start-up
- US two-year yield hits 5 year high
- US conducting review of government bond market

The Guardian
- Pzifer and Allergan poised to announce history’s biggest healthcare merger
- MPs to look into £13 billion sale of Northern Rock mortgages to Cerberus Capital
- Rolls-Royce chief ready to begin fightback with a pitch to the City
- Paris terror gives cost-cutting George Osborne a security headache
- Volkswagen ‘considering ending Bundesliga club sponsorship’

The Telegraph
- Playtech gives up on £460 million Plus500 takeover
- Debenhams in new ‘Santa tax’ row
- Black Friday backlash for smaller retailers
- EE proposes restrictions on mobile adverts
- Harris & Hoole losses double as it taps Tesco for more cash

The Times
- Predators plot £1 billion takeover bids for Home Retail Group
- Osborne to slash support for industry
- Oil crash sinks North Sea explorers
- Deutsche Bank to jettison 1000 jobs in the City
- Desmond faces defeat at Ladbrokes

Daily Mail
- Rugby World Cup and increased demand for food sees hike in annual profits for Marston’s
- Morrisons bonus bonanza goes on even if sales fall
- Thomas Cook set for slide after year of problems
- Worldpay glitch leaves 15,000 stores unable to accept cards one month after £5 billion float
- Lloyds investors slam scope of £7 million report on HBOS collapse

The Independent
- Britain still a safe haven for dirty money, study finds
- Right-to-buy policy ‘will cut new-build social housing’
- Footfall at UK shops and attractions plummets following Paris attacks
- Mass rally at steel plant will highlight job losses
- ‘Terrible’ public finance figures heap pressure on Chancellor


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