Weekly Trading Update

Weekend Paper Roundup 30/08/2016



Financial Times
- AB In-Bev/SABMiller deal to yield $2 billion in fees and taxes
- PwC settles $5.5 billion fraud detection failure lawsuit
- Amazon to build three more bookshops in US
- UBS leads dash to develop new form of digital cash
- Sports Direct faces call to launch independent review

The Wall Street Journal
- Alphabet executive leaves Uber board
- EU set to rule Apple tax deals with Ireland illegal
- Walgreens forms alliance with Prime Therapeutics
- American Airlines president moves to United Continental
- Mylan, feeling heat on EpiPen price, will offer cheaper generic

The Guardian
- BHS closes its doors for the last time
- Brexit ‘will put 75% of workers at risk of pension shortfall’
- ‘Property is better bet’ than a pension says Bank of England economist
- Theresa May calls Brexit meeting amid reports of single market split
- Richard Branson should lose his knighthood, says John McDonnell

The Telegraph
- BHP Billiton report blames construction flaws for Samarco disaster
- Marks & Spencer to scale back overseas
- Miners get boring as industry reboots
- F1 profits accelerate 30% on plummeting pound
- Individual lenders hold the key to solving housing crisis, says Legal & General

The Times
- Buyout barons fashion bid for tattered French Connection
- Hedge funds pile up record bets against sterling
- Bosses plot to keep employees off boards
- Traders bet on grocery bloodbath
- Barclays to lose £200 million on Italy


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