Weekly Trading Update

Weekend Paper Roundup 26/05/2015



The Independent
- Alison Brittain becomes just 6th female FTSE 100 boss
- Public will opt to stay in EU, says defence boss
- FCA fines dip despite Libor and forex penalties
- Sharp fall in government borrowing in April
- Durex firm’s takeover of K-Y Jelly raises price fears

The Wall Street Journal
- China factory activity still weak
- Malaysia PM unveils $72 billion economic plan
- Japan takes South Korea to WTO
- Fed looks past June for first rate rise
- Fed’s Mester: monetary policy is second-line defence against bubbles

The Guardian
- Charter Communications close to buying Time Warner Cable for $55 billion
- Greece warns it is set to default on debt repayment loans
- David Cameron ‘warming’ to Gatwick expansion plan
- UK mortgage deals jump by nearly a fifth as competition heats up
- Amazon begin paying corporation tax on UK retail sales

Financial Times
- Rigour of BoE report in forex scandal questioned
- Japan stock valuations echo 1980s peak
- Independence in A$1.8 billion deal for Sirius
- Junk-rated Chicago to test bond market
- Fortescue soars on China investment talk

The Daily Telegraph
- Nick Owen elected chairman of Deloitte UK
- Cineworld’s revenue boosted by blockbusters
- Vodafone investors want £120 billion Liberty deal
- Areva receives €2 billion buyout offer from EDF
- IAG steps closer to Aer Lingus takeover

The Times
- National Grid to sell your gas meter in £1 billion fundraising
- Japanese set to win bid battle for Top Gear test track
- Network Rail gives green light for £60 million in bonuses
- Leave Gulf airlines alone, Airbus warns Brussels
- UBS poaches Barclays kingpin

Daily Mail
- Currency deals worth billions could unwind after FX scandal fines
- Marks & Spencer poised to break through 1000-shop milestone
- Big Six force climbdown in energy profits storm
- Britain’s economy grew faster than Germany, revisions expected to show
- Jeffrey Cooper grabs a stake in handbag start-up Olive Cooper



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