(MENAFN- ProactiveInvestors - UK) Proactive Investors, 08:37
The Times
Ousting of Tata Chief renews Port Talbot fears: Steelworkers at Port Talbot face fresh uncertainty after the Chairman of Tata Sons was ousted amid tensions over the conglomerate's poor performance. He has been replaced by Ratan Tata, the magnate who oversaw the group's international expansion.
Banking expert to take key Brexit role: The Treasury has promoted its top expert on international banking to head its financial services department, putting one of its most experienced industry negotiators into a senior role as officials gear up for Brexit.
Aussie bid to stop Chinese cattle takeover: A group of Australian farming families have launched an eleventh-hour bid to keep the world's largest parcel of privately owned land, a string of cattle stations, out of Chinese hands.
Eurozone lifted by its strongest growth for a year: Business activity in the Eurozone has risen to the highest level in nearly a year despite companies raising their prices at the sharpest rate in more than five years.
Chinese banks 'intervene to halt yuan's fall': China's currency touched a six-year low before staging a partial recovery, amid speculation that the country's banks intervened to stem the fall.
Germany pulls approval for takeover of Aixtron: The German government blamed security concerns after it withdrew approval for a €670 million Chinese takeover of the chip equipment maker Aixtron.
Glaxo on track to introduce 'revolutionary' shingles vaccine: GlaxoSmithKline has moved a key experimental shingles vaccine one step closer to market after filing for regulatory approval in the United States.
The Independent
Microsoft to raise prices after post-Brexit pound slump: Microsoft is to increase its prices by as much as 22% due to the slump in the value of the pound following the EU referendum result, a rise that is likely to affect thousands of U.K. businesses.
U.K. real estate investor looks to snap up European offices to capitalise on looming bank exodus: Banks are planning to move business overseas in the first few months of 2017, Anthony Browne, Chief Executive officer of the British Bankers' Association, warned on Sunday, and some property investment companies are already looking to acquire new offices for their clients.
Samsung Galaxy Note 7: Hundreds sue over exploding smartphone scandal: The number of Samsung Galaxy Note 7 Owners demanding compensation for the smartphone's troubles is starting to rise.
ITV to cut 120 jobs as uncertainty hits advertising market: ITV will cut 120 jobs as it looks to slash £25 million from costs as Brexit uncertainty hits ad revenues.
Climate change 'could spark the world's next financial crisis': Climate change could spark the world's next financial crisis, according to Paul Fisher, who retired this year as Deputy Head of the Bank of England body that supervises the country's banks.
The Daily Telegraph
British American Tobacco faces ratings downgrade risk: Ratings agencies are eyeing British American Tobacco (BAT) for a possible credit rating downgrade after the world's second largest cigarette maker approached U.S. peer Reynolds with a $47 billion takeover offer, one of the largest bids for a foreign company made by a British firm in recent years.
Stock Spirits embroiled in fresh clash with activist investor: Stock Spirits has become embroiled in another clash with its biggest shareholder just five months after the activist investor triumphed in a battle to shake up the vodka-maker's board.
Cobham shares nose-dive as it issues second profit warning: Cobham, the troubled aerospace and defence manufacturer, has cut its profit forecast for the second time this year, sending its shares plunging.
Businesses are failing customers because they don't understand T & Cs, survey finds: More than half of U.K. businesses do not fully understand the rules on terms and conditions, with the result that customers are hit in the pocket, research has found.
Petra Diamonds output jumps 30% as market stabilises: Petra Diamonds has hailed growing stability in the diamond market as its output jumped 30% in the first quarter.
The Guardian
The Brexit economy: falling pound and rising inflation fuel fears of slowdown: The British economy's post-Brexit vote bounce is losing momentum as the weak pound and higher inflation herald a squeeze in living standards, according to a Guardian analysis.
Manufacturers feel falling pound is bad despite increasing their exports: A majority of manufacturing exporters believe the falling pound is bad for their businesses despite helping them to increase exports in the last three months at the strongest pace for two and half years.
EU trade deal with Canada on brink of collapse after Belgian disarray: The EU's hopes of signing a free-trade agreement with Canada this week are on a knife-edge after Belgium announced it could not sign the treaty because of opposition from regional parliaments.
AT & T and Time Warner shares fall as investors' doubts over merger grow: Shares in AT & T and Time Warner fell on Monday as Wall Street investors Expressed concerns that political and regulatory roadblocks may thwart AT & T's $85 billion (£70 billion) takeover of the Hollywood movie studio and Owner of CNN and HBO.
Daily Mail
British Chambers of Commerce engulfed by row over new Boss amid fears it is being dominated by a London clique: The British Chambers of Commerce's longest-serving Chief Executive has quit its board amid a row over the appointment of its new Director General. Dr Ian Kelly, Chief Executive of the Hull and Humber Chamber of Commerce, has resigned as a non-Executive Director of the BCC board.
Miner rocked as angry ex-workers seize £1.4 million gold shipment in row over unpaid benefits: Shares in Avocet Mining crashed nearly 20% after a shipment of gold worth more than £1 million was seized by angry ex-workers.
Sterling's slump boosts sales of afternoon tea at The Ritz while room bookings remain unchanged: The fall in the pound has boosted sales of afternoon tea at The Ritz. The central London five-star hotel said the slump in sterling made afternoon tea cheaper for overseas visitors – and it is now selling more than 500 teas a day.
Private equity bidders ready to swoop on troubled French Connection: Struggling retailer French Connection is reported to be the potential target of a number of takeover bids by private equity firms.
Daily Express
Brexit fear-mongers to be proved wrong by economy growth, figures to show: Britain's economy defied doom-monger warnings and kept booming in the months following the vote to leave the European Union (EU), figures this week are set to reveal.
Claims banks could move jobs from Brexit Britain are nonsense, say experts: Suggestions that banks could pull thousands of jobs from Britain amid the vote to leave the European Union (EU) have been dismissed as nonsense by experts and politicians.
Buy-to-let continues to boom after Brexit, figures show: The number of homes available to rent jumped to an 18-month high in September, to smash claims that landlords are pulling out of the market following Britain's vote to leave the European Union (EU).
The Scottish Herald
Scottish Friendly Boss to stand down: Fiona McBain is to step down as Chief Executive of Scottish Friendly, Scotland's largest financial services mutual, after 11 years in charge which she said left her with a massive list of things to be proud of.
Space firm aims for satellite base in U.S. as profits rocket: Pioneering space technology firm Clyde Space has seen pre-tax profits grow by 120% to £450,000 as it increases its focus on the U.S. and eyes funding from President Obama's office of science and technology.
Scottish manufacturers see export orders tumble and cut staffing as sterling post-Brexit vote weakness fails to provide boost: Scottish manufacturers have suffered a tumble in domestic and export orders and a sharp rise in costs in the latest three months, and have reduced employment at the fastest pace since January 2012, a survey has revealed.
University deal gives boost to disease research: Researchers around the world can look forward to accessing technology which will help them to understand how diseases progress in their early stages thanks to a deal between life sciences giant Merck and the University of Edinburgh's commercialisation arm, Edinburgh Research & Innovation.
Oil sector slump hits profits at Aberdeen law firm: Profits at Aberdeen law firm Ledingham Chalmers fell by 12% in the last financial year despite turnover dipping by just two% in the same period.
Cala to build more in Cults: Cala Homes has unveiled plans to build more homes in the Cults, Aberdeen, after a multi-million-pound deal.
Wood wins work on giant Canadian oil field as crude price rally falters: Wood Group has won contract to provide support services on a giant Canadian oil field which will provide a valuable boost amid the downturn triggered by the crude price slump.
The Scotsman
Revived BHS brand set for international growth drive: Plans by the Qatari Owners of the rebooted BHS brand to significantly grow its global presence have been unveiled.
Edinburgh's Sigma Capital launches £39 million Liverpool scheme: Sigma Capital Group, the Edinburgh-based investment firm focused on property rental and urban regeneration projects, has pushed the button on a major mixed-use development in Liverpool.
Legal firm boosts size with estate agent buy: Glasgow-based legal practice Miller Samuel Hill Brown (MSHB) has revealed its acquisition of the licensing division of solicitor and estate agent Lindsays for an undisclosed sum, saying this creates the largest legal licensing team in Scotland.
City A.M.
Visa's profits jump 28% on consumer spending spree: Visa reported a profit rise of 28% in the fourth quarter, beating analysts' expectations, as customers spent more money on its payment network.
Box-ticking watchdogs accused of allowing U.K. to sleepwalk into another financial crisis: The U.K. risks stumbling into another financial crisis, a report out warns, slamming the watchdogs for being more fixated with ticking boxes than bolstering important regulation.
U.S. government argues MetLife is 'too big to fail': A U.S. government lawyer argued in the federal appeal court that regulators were right to designate life insurance firm MetLife as 'too big to fail'.
Hammerson and Standard Life partner for £1.4 billion overhaul of Brent Cross: Hammerson and Standard Life Investments have embarked on a public consultation on a £1.4 billion redevelopment of Brent Cross shopping Centre.
Oil prices dip after Iraq opts out of OPEC arrangement to cut production: Oil prices shed more than 1% after Iraq said it did not want to be part of an OPEC deal to slash production to help rebalance the market.
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