Weekly Trading Update
Weekend Paper Roundup 24/08/2015
- Bezos seeks to reassure ‘Amazonians’ after attack
- Pressure mounts on Santos as chief quits amid profit slump
- Alaskan permit for Shell sparks angry protests
- Ryanair hit by court ruling on flight delay compensation
- Insurers search for reasons behind motors claims surge
The Wall Street Journal
- China shares wipe out gains for year
- Fresh Market has some of the same problems as rival Whole Foods
- Intel to lead $100 million investment into Mirantis
- Foreign car factories curb output in China
- Tobacco makers seek to cut brands
The Guardian
- China to allow pension fund to invest in stock market for first time
- ITV to acquire Northern Ireland’s channel, UTV, says reports
- British berry sales soar as liquidiser revolution whirls on
- Yanis Varoufakis brands Tsipras the ‘new De Gaulle’ as election gets ugly
- North Sea oil output is set to rise…at just the wrong time to make a profit
The Telegraph
- AstraZeneca names Sean Bohen as chief medical officer
- GKN reviewing land systems arm after fall in commodities
- UK manufacturers fear lagging behind global competition
- Tesco sale plan hit by slide in Korean won
- Building bosses at Persimmon to net £600 million
The Times
- Stock market sell-off set to put interest rate rise on hold
- Osborne takes knife to Network Rail budget
- Weetabix wakes up China to the power of the brand
- Hunt on for AIM firm Hirco’s missing £350 million
- Subsidies slashed again as Rudd reins in solar power
Daily Mail
- Eurostar hit record 1 million passengers last month thanks to sun-hungry Brits
- Mining profits gloom as prices of raw materials tumble to 6 year lows
- Banks in line for another £40bn bill as fresh wave of forex rigging/mis-selling charges loom
- New owners of BHS want £65 million lifeline to turn around ailing high street chain
- House prices in UK’s largest cities jump by largest amount in 11 years
The Independent
- UK GDP growth forecast increased to 2.6% as CBI sees improved domestic demand
- World’s richest billionaires lose $182 billion in one week after NYSE plunges 500 points
- Treasury boost as tax receipts produce £1.3 billion July surplus
- Cost of buying compared to renting narrows amid house price rises
- Pension system changes are putting people off saving for their retirement, experts warn
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