Weekly Trading Update

Weekend Paper Roundup 11/04/2016



Financial Times
- Uniqlo-owner Fast Retailing shares dive after lacklustre sales force price cuts
- BMW to roll out top-end ‘Airbnb for cars’ service
- Vivendi buys Mediaset’s pay-TV arm
- Twitter appoints Lane Fox to board
- EDF engineers back plans to build UK nuclear power plant

The Wall Street Journal
- VW faces clash with labour chiefs
- Samsung lowers price to broaden appeal
- Allergan wraps up licensing agreement
- Amazon’s fashion secret: full price
- M&S continues to feel pressure

The Guardian
- BP to face flak over green targets and pay at AGM
- World’s poorest countries rocked by commodity slump and strong dollar
- Investors urge fast food and pub chains to act to reduce farm antibiotics
- Potential Tata Steel buyer says he could still walk away
- New rules ‘will crack down’ on exploitation of gambling addicts

The Telegraph
- ‘No end in sight’ for global economic misery, warns World Bank
- New North Sea explorer poised to snap up bargain assets
- China not to blame for UK’s steel crisis, says ambassador
- Negative rates could fuel fresh ‘boom and bust’, IMF warns
- Beijing risks ‘ERM-style’ currency crisis as deflation persists

The Times
- Diageo chairman heads for the exit
- Macquarie to sell Thames Water after draining off billions
- Flybe lands at Heathrow to take on BA
- Italy poised to set up rescue fund for banks
- Tesco turns corner with sales rise

Daily Mail
- Consumer spending on still on the rise but stormy Easter weather kept shoppers from High Street
- Amazon delivery tie-up with Barclays fuels hopes for High Street bank branch network
- Fashion website ASOS expected to announce surge in UK sales by almost 25%
- Co-op in talks to split £9 billion pension plan between bank and parent group
- Brewer Brains’ coffee chain puts pub business in the shade as sales shoot up 34%

The Independent
- Daily Mail publisher considers bid for Yahoo
- Food producer insolvency triples amid supermarket price wars
- Goldman Sachs CEO has first pay cut for 4 years
- Industrial output slumps as imports from EU take off
- Ryanair accuses Google of profiting from ‘misleading’ adverts


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