Latest stories in the Press Round Up section

Friday newspaper round-up: EU exit, Asda, Dell...

2 days ago

The head of the Confederation of British Industry has warned about the risks of Britain quitting the EU, saying that the Conservative party's desire for a referendum on the issue has been a "distraction from securing growth and jobs, which have to be the UK's top priority", reports The Guardian. [read more]

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Thursday newspaper round-up: Japanese GDP, RBS, RSA...

Financial Times reports that the pace of Japanese economic growth in the first quarter was its fastest among the Group of Seven countries at 3.5 per cent. "Solid growth in consumer spending and exports suggest[s] the expansionary policies of Shinzo Abe, Prime Minister, are delivering quick and tangible results," the paper says. 3 days ago

Wednesday newspaper round-up: BP and Shell, RBS, M&S...

BP, Shell and a number of other oil majors are under investigation by European regulators into whether they rigged the price of oil for over a decade, writes The Telegraph. Authorities raided offices of the companies yesterday after MPs and officials suggested that the oil price could be vulnerable to being manipulated in the same way as LIBOR was rigged by the banks. 4 days ago

Tuesday newspaper round-up: Severn Trent, Lloyds, Vodafone...

According to The Times, Severn Trent could be the target of a bid worth up to 5.3bn pounds. The utility company is said to be in talks with Canadian infrastructure investors Borealis and the Kuwait Investment Authoirty 5 days ago

Monday newspaper round-up: Lloyds, ENRC, Ocado...

Sir Win Bischoff, the Chairman of Lloyds since September 2009, is expected to announce his resignation ahead of Thursday's shareholder meeting as the bank readies for privatisation, reports The Guardian. 6 days ago

Sunday newspaper round-up: Osborne, Ocado, M&S

Energy giant Centrica is eyeing US gas assets jointly with Qatar as it gears up expansion across the Atlantic. The British Gas owner, which is likely to face questions on its growth plans at its Annual General Meeting in London on Monday, wants to build on last month's 650m pound joint deal for Canadian oil and gas assets. It hopes to take advantage of the glut in US gas caused by the shale boom to buy up assets at low prices, helping secure supplies for its growing US customer base, The Sunday Telegraph says. 6 days ago

Friday newspaper round-up: Japanese Yen, ENRC, UK recovery

The Japanese yen has broken through a major psychological barrier against the dollar for the first time in four years, setting the stage for further weakness seen as a boon for the country's exporters and economy. For the past month, the yen had stalled before the 100 threshold and traders said its weakening in afternoon trading in New York on Thursday to Y100.79 reflected stop-losses being triggered that sparked selling of the yen and purchases of the dollar. The yen continued its fall on Friday morning in Tokyo, sliding to 100.85 against the greenback, the FT reports. 9 days ago

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