Weekly Trading Update

Weekend Paper Roundup 27/07/2015



Financial Times
- Anglo and Lonmin to cut up to 12000 jobs amid metals slide
- Aviva warns coal groups to clean up
- Aggreko shares lose their power after profit warning
- Air France-KLM posed to drop routes as losses widen
- Aussie and loonie track decline in metals prices

The Wall Street Journal
- Philips profit lifted by weaker euro
- Iran’s past nuclear work clouds deal
- Fed officials may offer more clarity on rates
- Oil heading for fall as diesel’s engine sputters
- US stocks fall as biotech drags

The Guardian
- BP forecast to report a slide in Q2 profits
- Greece rocked by reports of secret plan to raid banks for drachma return
- Pearson in talks to sell 50% stake in the Economist
- BT sticks the boot in with ‘opt-out’ sports package
- Morrisons buyers demanded one-off payments from suppliers

The Telegraph
- Alton Towers crash hits Merlin profits and sends shares tumbling
- UBS reveals profits hike early following newspaper ‘leak’
- Treasury could be forced to scrap profitable Lloyds sale
- Defence exports could get more support after Typhoon loses to France’s Rafale
- Tesco abandons three times as many supermarkets as its rivals

The Times
- Wall Street raider piles into £1 billion battle for Bwin
- Britain’s growth picks up again
- Permira buys debt collector for £1.1 billion
- Centrica set for big job cuts as price of gas plummets
- Glaxo chief cuts prices in bid to boost sales

Daily Mail
- Amazon runs the retail roost as it overtakes Asda-owner WalMart
- Vodafone says its European business is on the mend as quarterly service revenue better than expected
- Bad weather takes the fizz out of Irn Bru sales as they fall 5%
- US holidays prove a passport to profits for travel company Trailfinders
- Barclays to continue to wield the axe as it bids to speed-up cost-cutting drive

The Independent
- Fiat hit with $105 million fine over Jeep recall
- London’s super-rich are paying up to £20,000 per month to rent
- Diaego faces probe from US regulator over excess stock
- Ladbrokes and Coral merge in £2.3 billion deal to create UK’s largest bookie
- Banks will be forced to tell savers how much interest they earn


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