Weekly Trading Update

Weekend Paper Roundup 16/03/2015



The Wall Street Journal
- General Electric to sell GE Capital for $6.3 billion
- Tighter tech rules loom in China
- Pacific trade deal likely to have narrow reach
- Banco de Madrid files for bankruptcy
- Investors brace for sterling volatility

The Independent
- Not a single high street chain will commit to the living wage, investigation finds
- MPs questions FCA over Quindell’s share dive
- Wealth funds eye £2.5 billion Center Parcs
- London is home to the greatest number of ‘super-rich’ individuals
- ‘Outmoded’ business rates need radical reform, warn CBI 

The Guardian
- Support for China-led investment group grows despite US opposition
- Nestle, PespsiCo and others ‘use public funds to develop harmful snacks’
- Steelworker strike looms as Tata moves to close pension scheme
- Qantas lifts flight bans on passengers who walked off asylum seeker plane
- Head of BHS pension fund admits deficit is much higher than previously thought 

Financial Times
- HK exchange to upgrade China trading link
- Dyson makes $15 million battery bet with Sakti3
- Tax inversion curb turns tables on US
- Exchange rates put squeeze on British business
- Activist investor Elliott pushes for Alliance Trust board seats

The Daily Telegraph
- AO World chairman sells down stake
- Property asking prices just £30 below all-time record
- LDC backs £207 million buyout of SSP
- Columbia’s ‘peace dividend’ will transform economy
- BCA revs up for £1 billion takeover by industry veteran

Daily Mail
- Osborne insists Budget will have ‘no giveaways, no gimmicks’, pensioners to be wooed with annuities cash in move 
- Southern Railway annual profits hit £29.3 million ahead of franchise integration
- Bank of England set to disappoint thousands of Lloyd’s ‘bailout’ bond holders
- CBI calls for oil tax slash to help ‘hard-pressed’ industry
- Sir Martin Sorrell’s pay hits £36 million record high

The Times
- Rights issue stuns Afren shareholders
- Wetherspoon goes to war on a 99p coffee and a £2.99 fry up
- US seeks $1 billion from RBS and Barclays
- War-torn Ukraine asks City giants for £10 billion bailout
- Drug trial pumps up AstraZeneca



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