Weekly Trading Update
Weekend Paper Roundup 10/08/2015
- China sales blow at Land Rover slashes Tata’s earnings in half
- ‘Great implosion’ leaves US cable groups reeling as Netflix gains ground
- Adidas kicks off US drive to close in on Nike
- UBS wraps tax relief within social fund
- Travel money venture cashes in on peer-to-peer push
The Wall Street Journal
- Oil futures signal weak prices could last years
- Shaken media sector should rethink M&A
- Alibaba’s earnings to shed light on China’s growth
- Bond bigshots battles to beat stock benchmark
- July job numbers keep fed rate hike on track
The Guardian
- RBS executives set for multimillion pound pay-outs
- Carphone Warehouse hackers may have accessed 2.4 million customers’ data
- Rogue landlords and letting agents to get stiffer fines in rental market shakeup
- Planned Hinkley Point nuclear power station under fire from energy industry
- Jeremy Corbyn suggests he would bring back Labour’s nationalising clause IV
The Telegraph
- Hargreaves Lansdown poaches IG’s Chris Hill to become new CFO
- Greece inches closer to third bailout deal but Finns insist rescue package ‘won’t work’
- Privacy watchdog to probe Carphone Warehouse data theft
- Chinese warning lights flash as tumbling factory gate prices pave way for more stimulus
- ITV shares knocked by weak earnings in US
The Times
- Banks braced for mis-selling bombshell
- Petrol price wars pumps up consumer feelgood factor
- Balfour counts costs for bad deals
- MoD spurned £200 million BAE shipyard plea
- Ladbrokes clears decks with loss
Daily Mail
- Anglo-Irish drugs giant Shire to begin takeover talks with US rival Baxalta
- Prudential’s new CEO can boast profits are up 14%
- Tesco poised to end its ‘junk’ status with £5bn sell-offs of its Korean and Dunnhumby businesses
- Troubled fashion retailer Hobbs racks up £15.6 million loss
- Osborne faces bigger RBS storm as new 10% stake sale likely to result in huge loss for taxpayer
- Bank of England in difficulty over the right time for a rate rise shock
The Independent
- SeaWorld profits tank 84% after ‘Blackfish’ cruelty
- UN report finds ‘serious conflicts of interest’ at Tory peer’s oil firm
- FitBit shares drop despite revenue more than tripling in a year
- Quindell faces fraud inquiry as reported profits evaporate
- Osborne wants to sell more public assets in 12 months than the UK has in 20 years
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