We haven't been able to take payment
You must update your payment details via My Account or by clicking update payment details to keep your subscription.
Act now to keep your subscription
We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account or by clicking update payment details to keep your subscription.
Your subscription is due to terminate
We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account, otherwise your subscription will terminate.
THE WEEK IN REVIEW: MARCH 6

FTSE 100 - who’s in and who’s out?

Sports Direct International is dropping out of the FTSE 100, while Paddy Power Betfair is stepping up
Sports Direct International is dropping out of the FTSE 100, while Paddy Power Betfair is stepping up
ALAMY

AMAZON announced a tie-up with Morrisons to supply the online giant’s customers with groceries, in a move that spooked the supermarket chain’s rivals.


Barclays halved its dividend when it reported an 8% fall in profits to £2.1bn and confirmed it would sell its African bank.


Commodities giant Glencore reported a $5.1bn (£3.5bn) loss, after writing down $7.1bn of its assets.


Rolls-Royce gave a place on its board to the American activist ValueAct, the largest investor in the aero-engine maker.


FTSE 100 fund manager Schroders snubbed corporate governance convention by promoting chief executive Michael Dobson to chairman.

Advertisement


Intercontinental Exchange, the owner of the New York Stock Exchange, confirmed it might make a bid for the London Stock Exchange, while the Chicago Mercantile Exchange was also said to be considering gatecrashing Deutsche Börse’s offer for the City institution.


BP chief executive Bob Dudley was given $19.6m last year, up 19%, despite the oil giant suffering its worst loss of $5.2bn.


The director-general of the British Chambers of Commerce, John Longworth, was suspended for saying the UK would be better off out of the EU.


Paddy Power was ordered to pay £280,000 after the bookie was found to have encouraged a gambling addict to keep using high-stakes machines.


Coexist, which runs an arts centre in Bristol, became the first British company to allow female staff “menstrual” leave.

Advertisement


Aberdeen Asset Management, Smiths, Hikma Pharmaceuticals and Sports Direct International are to make way in the FTSE 100 for Wm Morrison Supermarkets, Paddy Power Betfair, Mediclinic International and Informa.