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Your support makes all the difference.Lloyd's may leave 'inside-out' HQ
Lloyd's of London is reportedly weighing a historic move away from its famed "inside-out" headquarters in the City of London designed by Richard Rogers. The insurance market has occupied the building since 1986 but is said to be in talks with the developer TIAA Henderson over a move to a new "Gotham City" skyscraper. Lloyd's declined to comment.
Manufacturing on the march again
China's manufacturers motored ahead in May at the fastest pace for five months as new orders rose, according to official data. The improvement bolsters hopes that the world's second largest economy is regaining momentum following government measures to kick-start the economy, including cutting red tape and tax cuts for small businesses.
What the Sunday papers said
Icahn denies insider trading
The US billionaire Carl Icahn has denied insider trading after reportedly being investigated for an alleged scam involving the golfer Phil Mickelson and gambler Billy Walters. The FBI was said to be inquiring whether they traded shares illegally based on information from Mr Icahn. Mr Mickelson said he was not under investigation.
Independent on Sunday
House of Fraser and Tesco link up
The supermarket Tesco will sell 2,000 House of Fraser products through its website after a deal with the department store. House of Fraser will benefit from Tesco's customer base while the grocer extends its reach into premium products. The department store was bought by the Chinese giant Sanpower for £480m in April.
Mail on Sunday
Eurozone set for cash injection
Mario Draghi, the president of the European Central Bank, will pump billions into the eurozone economy this week with negative deposit rates and an initiative to buy up packages of small business loans to encourage banks to lend. The ECB is battling low inflation and stuttering growth.
Sunday Times
Crackdown urged on foreign floats
Institutional investors are demanding more protection from sub-standard foreign companies floating in London with tighter listing rules. The Association of British Insurers, concerned over the treatment of minority shareholders in recent foreign floats, wants better safeguards from regulators.
Sunday Telegraph
Week ahead
Tesco to be hit by price cutting
Investors will get an idea of just how badly the price war among supermarkets is hitting bottom lines on Wednesday when Tesco reports first-quarter trading figures. The knock-on effect of price cuts is lower sales receipts, and Shore Capital reckons Tesco's numbers will make "grim" reading.
Steel firm on the comeback trail
Investors will hope for better results from structural steelwork firm Severfield tomorrow after a troubled period in which it lost millions on contracts including the Cheesegrater in the City of London. Analysts expect figures for the year to March to benefit from recovering construction markets and rising orders.
AO World has a point to prove
AO World will be hoping to prove the doubters wrong when it reports its 2013 numbers on Thursday. The online electrical and whitegoods retailer has underperformed since listing on the stock market in February, falling below its float price of 285p. It closed on Friday at 270p
BoE tests water on inflation
The Bank of England's latest quarterly inflation attitudes survey appears on Friday with the cost of living sitting below its 2 per cent target at 1.8 per cent. The Bank uses the survey to monitor public expectations about inflation and interest rates and the role it plays in setting rates..
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