Weekly Trading Update
Weekend Paper Roundup 12/05/2015
- London homeowners’ £3500 worse off a year since Cameron took office
- Viagra sales grow 47% in China
- Tesco axes PwC as auditor after accounting scandal
- Uber becomes one of the most valuable venture-backed startups in history
- Booming Gatwick urges ‘action’ on runway
The Wall Street Journal
- Alibaba strives to think younger
- Adidas notches upturn in US
- UBS targets investment banking in US again
- Al Jazeera America appoints new CEO
- Bombardier plans IPO for transportation unit
The Guardian
- Greece’s plight at odds with public’s lack of concern as default deferred – for now
- UK electricity grid holds back renewable energy, solar trade body warns
- China cuts interest rates for third time since November
- Farmers feel the squeeze from supermarket deals
- Direct debit option increases insurance payments, FCA finds
Financial Times
- NASDAQ adopts bitcoin backbone for stocks
- China now imports more oil than US
- Election euphoria faces Brexit challenge
- Vale to target high-grade iron ore
- Fed faces limits on crisis lending powers
The Daily Telegraph
- RBS faces large damages bill over ‘enormous’ mortgage deception
- Google dominates media with $50.5 billion of advertising revenues
- BG staff must compete for jobs after Shell takeover, says Lund
- Lonmin plans to cut 3500 jobs after posting pre-tax loss
- Waterford Wedgwood sold to Finnish heritage brand
The Times
- Sweet pay deals with bitter aftertaste at Tate & Lyle
- Food fight in the pubs as Wetherspoon cries ‘foul’
- Cushman sold in £2 billion global property merger
- Oil prices will stay below $100 for a decade, says OPEC
- Shell gets amber light for Arctic drilling project
Daily Mail
- Asda slashes prices as the supermarket war hots up
- New focus towards music streaming works wonders for 7digital
- Two thousand jobs on the line as delivery firm Whistl suspends its postal service
- Interest rates frozen again at 0.5% as BoE sets borrowing costs for first time since election
- Government considering plans to sell RBS shares at a loss this year
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