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Sunday Papers: Malaysia Airlines in brand overhaul

Sunday Papers: Malaysia Airlines in brand overhaul

Top stories

  • The Sunday Telegraph: Malaysia Airlines considers a name change in an attempt to repair its reputation after the downing of flight MH17 and the disappearance of MH370.
  • The Sunday Telegraph: The Government is expected to launch the "14th onshore licensing round", inviting companies to bid for fracking rights in previously untouched areas.
  • Mail on Sunday: The John Lewis Partnership is set to report a bumper first half this week that could mean staff clinch record bonuses for the year.
  • Mail on Sunday: Ingenious, the firm behind a £2 billion film investment scheme which Revenue & Customs views as designed to avoid tax, has told investors it is racking up huge legal bills.
  • The Sunday Telegraph: Luton Airport owner poised for Europe's biggest float at £7 billion; Aena Aeropuertos appoints five banks to oversee the listing after their pitch attracted senior deal-makers from across Europe.
  • The Independent on Sunday: Vince Cable has risked clashing with his coalition colleagues over reports that Britain's economy has returned to pre-recession levels.

Business and economics

  • Mail on Sunday: Pimlico Plumbers, the UK’s largest independent plumbing company, has recorded a £20 million turnover for the first time in its 35-year history; the company saw sales grow by £2 million in the year to 31 May and profits rise from £1.5 million to £1.7 million.
  • The Sunday Telegraph: Debenhams poaches finance chief from Mothercare; the high street department store lures former Mothercare chief financial officer Matt Smith in a bid to recover from major profit warnings.
  • Mail on Sunday: Tesco's ousted chief executive Phil Clarke will not receive a bumper payout, the supermarket’s chairman Sir Richard Broadbent declares, insisting that Clarke will get his contractual terms and ‘not a penny more’.
  • The Sunday Telegraph: Centrica set for showdown with regulator over profit forecasts; British Gas owner to report drop in profits on same day Ofgem publishes data suggesting energy suppliers are enjoying bumper earnings.
  • The Sunday Telegraph: Former RBS boss 'to make £7 million' from Citizens sale; Bruce Van Saun, former finance directors at the Royal Bank of Scotland, could cash in on the sale of its US operation, Citizens Bank.
  • The Sunday Telegraph: Retail veterans on shortlist to become new Morrisons chairman; former executives at Asda and Tesco are among the candidates being considered to take over management of the struggling supermarket chain.
  • The Sunday Telegraph: Orchid pubs chief to step down; Rufus Hall walks away from the Orchid group he founded after a £266 million deal saw it taken over by the owners of All Bar One.
  • The Sunday Telegraph: Middle East takeaway giant Americana tempts buyers; the company with KFC and Pizza Hut franchise rights is believed to be being sought by major private equity firms, including KKR and Carlyle.
  • The Sunday Telegraph: Engineering giants Rolls Royce and GKN hit by strong pound; Britain's biggest industrial and engineering firms are likely to be revealed as struggling in the face of a strong pound when they report first-half results this week.
  • The Sunday Telegraph: A record number of profit warnings have been issued in the first six months of 2014 as companies struggle against the rising pound and growing competition.

Share tips, comment and bids

  • Mail on Sunday: Stores giant Home Retail Group is considering a plan to spin off its £1.5 billion DIY chain Homebase so it can concentrate on developing its more prosperous Argos chain.
  • The Sunday Telegraph: Volvox hires PwC to explore sale options; private equity group Elysium Capital brings in PwC to explore a sale of the car parts manufacturer which could fetch £40 million.
  • Mail on Sunday (Comment): It's too early to celebrate economic recovery; we are at a dangerous juncture. The next few months will be critical for bankers, the Chancellor and households across the UK.
  • The Observer (Comment): BP and Shell's results this week will be full of detail, but investors only have one question. How is the Ukraine crisis affecting business?
  • The Observer (Comment): Jeff Bezos wants his customers to live in an Amazon world of books, films, and food. But he needs allies as well as ambition.
  • The Observer (Editorial): Carlos Slim may have the right idea when it comes to giving people more flexibility in their working lives.
  • The Sunday Telegraph (Comment): A slump in profits could reignite a flurry of deal-making that will see the oil giants snap up their smaller counterparts around the world.

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