Weekly Trading Update
Weekend Paper Roundup 25/07/2016
- Weakness in oil equipment and locomotives takes toll on GE
- Verizon edges ahead in race to buy Yahoo assets
- Silver lining in Microsoft and SAP cloud computing
- VW emissions scandal casts pall over profits increase
- Restaurant chains feel bite of falling confidence
The Wall Street Journal
- GM turns profitable in Europe
- Ailes leaves Fox News; Murdoch to take over
- Unilever is open to more big buys
- Exxon wins bidding war for InterOil
- LVMH invests in Korean firm
The Guardian
- Labour proposes scrapping £1 billion tax relief designed to promote innovation
- UK banks prepare response to expected interest rate cut
- Brexit heightens uncertainty in global economy, says G20
- All BHS stores to shut down by 20 August
- Heathrow delay is harming economy, MPs warn Theresa May
The Telegraph
- Donald Trump threatens to pull US out of the World Trade Organisation
- Gambling groups Rank and 888 in takeover bid for William Hill
- Rolls-Royce set to reveal £2 billion write-down as sterling’s plunge weighs
- UK financial firms to keep EU ‘passporting’ says Boris Johnson
- Hedge funds# bond dispute heads to High Court
The Times
- Green ‘damaged British business with BHS deal’
- SABMiller takeover on knife edge
- Jaguar revs up electric car alliance
- ECB to shine light on Italian debt crisis
- Drug giants pledge to stay in Britain after ‘leave’ vote
Daily Mail
- Angry employees at ARM issue plea for shareholders to block £24 billion Softbank takeover
- Advisory group urges Vodafone shareholders to oppose £5.3 million pay of CEO Vittorio Colao
- City insiders say buy ‘market leader’ Just Eat
- Sky’s profits rocket by 13% while embattled ITV’s advertising dips
- Foxtons set to say profits almost halved in first half of year
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