Weekly Trading Update

Weekend Paper Roundup 20/06/2016



Financial Times
- Apple fights bar on Beijing iPhone sales
- Salesforce considered LinkedIn takeover bid
- Repsol brands $5.5 billion Sinopec North Sea oil claim ‘baseless’
- Rogue trader should not pay SocGen damages, court told
- Peloton hopes for virtuous cycle with new CFO

The Wall Street Journal 
- VW aims to repair core business
- Plans for electric planes gain momentum
- Disney’s World now includes Shanghai
- Oracle’s earnings rise on cloud computing
- Apple hones approach to user data

The Guardian
- Boeing to be first major US company to enter Islamic Republic after Iran deal
- Nobel prize-winning economists warn of long-term damage after Brexit
- Netflix faces growing competition as new and old rivals step up their game
- IMF says Brexit would trigger UK recession
- Referendum jitters hit value of UK stock market flotations

The Telegraph 
- National Grid recruits NHS hospitals to help keep the lights on
- Circassia shares crash 64% after key cat allergy treatment fails in crucial clinical trial
- Booming PwC promotes record number of partners
- Lloyds accuses competition authorities of ‘obvious flaw’ in plan to shake up bank market
- Electra loses Dame Kate Barker ahead of Bramson-lead shake-up

The Times
- Green ‘refused BHS buyer’s plea for pensions watchdog talks’
- FTSE bosses in last-ditch bid to avert ‘leave’ vote
- Jaguar plugs in to electric revolution
- City braced for 10% share slide in case of a Brexit
- Energy big 6 escape break-up

Daily Mail
- Fines imposed by the FCA dropped 37% last year amid concerns the regulator lacks bite
- Tata rescue in crisis as experts slam plan to cut steelworkers’ future pensions to save company
- Demand for smaller private jets takes off as austerity measures mean fat cats downgrade
- Britain’s biggest banks are drafting in staff to pull an all-nighter after Thursday’s referendum
- House prices hit a record high of £310k with homes snapped up in record time

 

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