Weekly Trading Update
Weekend Paper Roundup 07/12/2015
- US corporate downgrades soar past $1 trillion as defaults gain pace
- Samsung to pay Apple $548 million in iPhone patent dispute case
- Man City stake sale kicks off China’s entry to league
- RWE to spin off renewables business before flotation
- Berkeley hits record high on dividend boost
The Wall Street Journal
- Asian markets mostly higher after US jobs report
- Macro hedge funds caught off guard by ECB’s move
- Cameroon considers dollar bond issue
- GE pulls plug on sale of appliance business to Electrolux
- French shipping company CMA CGM to buy Neptune Orient Lines
The Guardian
- Cadbury owner Mondelez paid no UK corporation tax last year
- Uneasy calm in markets over expected US rate increase, say central bankers
- British Gas appeal in holiday pay case goes to employment tribunal
- Business groups and unions warn Cameron against Heathrow delay
- Half of £24 billion nuclear reactor investment will go to overseas suppliers
The Telegraph
- Slashing red tape ‘will trigger fraud and hurt trusts’ says ICAEW
- Global economy is biggest threat to UK auto sector
- RBS sells £1.6 billion of Irish real estate loans
- Costa launches Costa Fresco to serve lucrative lunch market
- Manufacturing to shrink as global factors squeeze industry
The Times
- Print giant Polestar could run out of cash in weeks
- French DIY tycoon sizes up Homebase
- Bank of England gives green light to big insurers’ doomsday plans
- Anglo American bows to mining slump with dividend cut
- Boeing’s bid for Westland rejected by Italian owner
Daily Mail
- HSBC to slash pensions for senior executives following backlash from investors
- Rates reform overdue by a decade rages Sir Terry Leahy
- Economic recovery continues to be held back by weak exports
- Saudis refuse to cut oil production, sending prices plunging
- New boss at Mulberry under pressure to prove that English label is coming back into fashion
The Independent
- Investors fear Mike Ashley is plotting Findel closure
- Cameron to announce 200,000 new public sector apprenticeships
- Huge multinational companies face ‘laughable’ fines for tax dodging
- Debt-laden Network Rail plans sale of power lines to raise £2 billion
- Cyber-attacks damaging for small firms as well as household names
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