Weekly Trading Update

Weekend Paper Roundup 27/06/2016



Financial Times
- Brexit vote threatens $20 billion LSE-Deutsche Borse merger
- ‘Shocked’ bankers left reeling from share price collapse
- IAG warns on profits amid vote turbulence
- Battered high street counts the cost of Brexit
- Dealmakers point to challenges for those seeking to wind up acquisitions but hint at bargains

The Wall Street Journal
- Hyundai mulls shipping alliance
- LinkedIn connects in China; now, risks
- VW near deal to pay US owners
- Macy’s CEO to step aside in 2017
- Handset slump stings Blackberry

The Guardian
- Brexit may delay third runway, warns Heathrow chief
- Firms plan to quit UK as City braces for more post-Brexit losses
- Tata Steel near deal to save Port Talbot plant despite Brexit vote
- Market turmoil fears likely to force Mark Carney to abandon ECB meeting
- Sajid Javid tells business leaders not to panic over Brexit impact

The Telegraph
- Brexit the ‘tip of the iceberg’ as vote risks EU destruction
- UK must look ‘beyond Europe’ after Brexit, says CBI boss
- City will be cut off it UK won’t sign up to ‘Norway deal’, says top European official
- London banks gird themselves for post-Brexit reform
- BT loses battle with Ofcom over broadband prices

The Times
- Pound touches 30-year low as Brexit triggers investor sell-off
- Diving sterling will give boost to exporters as retailers suffer
- Inflation may increase to 4% by end of next year, HSBC forecasts
- BA fails to fly under the radar with warning
- US factory orders dent recovery hopes

Daily Mail
- Brexit vote will plunge UK into a new recession, warn City economists
- Thousands of City jobs at risk as ‘passporting’ rights of banks comes under scrutiny
- Farmers will ask for UK handouts from the post-Brexit government as they lose EU subsidiaries
- Bonanza for bookies as voters bet £75 million on EU referendum, with 2/3 staked on Remain
- City insiders say buy Rightmove but sell IAG after Brexit vote

 

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