Weekly Trading Update

Weekend Paper Roundup 25/04/2016



Financial Times
- VW races deeper into the red with biggest loss in history
- Valeant courts Perrigo chief to lead turnaround
- Financial services boost GE earnings
- Uber agrees $100 million deal to settle US driver lawsuit
- Microsoft chief clicks into industrial internet

The Wall Street Journal
- Oil producers lock in once-snubbed prices
- The Fed fights the tape over interest rates
- Japan shares deliver second week of strong gains
- Univision buys out Disney’s stake in Fusion
- Yen tumbles on stimulus speculation

The Guardian
- Bob Diamond preparing bid for Africa arm of Barclays, claim reports
- UK GDP figures expected to be weaker amid EU vote fears
- Anti-tax evasion measures approved by EU finance ministers
- Hinkley Point C nuclear power plant decision delayed against by EDF
- Property tycoons David and Simon Reuben top Sunday Times rich list

The Telegraph
- Co-op chairman Leighton steps up campaign to cut pay of mutual’s boss
- Virgin Media ready to pounce on UKTV stake as it focuses on television ambitions
- Mobile giant EE vows to cover the entire country with 4G
- Brexit will widen 1.8 million engineering skills crisis, industry heavyweights warn
- Interest rates could go negative, says Bank of England rate setter

The Times
- BHS on brink as rescue talks fail
- Barclays face fury over U-turn on payout
- Tycoon to sell House of Frasier
- Growth hit before Brexit poll
- RBS pays £10 million on ‘mis-sold’ swap

Daily Mail
- Shareholders will no longer stand idly by and tolerate fat cat wages, Legal & General says
- Hooray for Boohoo as sales soar by more than a third over key Christmas period
- Premier Inn and Costa’s parent Whitbread enjoys extra shot of profit
- Bid by Wyevale Garden Centres to buy rival Dobbies is ‘a risk to jobs’
- Panama Papers reveal link between Sports Direct and Icelanders at centre of financial meltdown



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