Papers: City watchdogs want detail of Cameron's EU deal


(MENAFN- ProactiveInvestors - N.America)

Britain's financial watchdogs want to see more detail on Cameron's new Euro deal The Financial Times reports.

The FT meanwhile also reports that Rebus has become the biggest crowdfunded failure to date as the claims management group - which targeted cases of miss-selling of financial productswent into administration.

Oil prices will jump by 50% by the year end thanks to slumping out from American shale plays according to a report in The Times which draws on consensus forecasts from market analysts.

The Times also highlights that the head of Trafigura's Chinese business has been released from prison in Beijing where the commodity trader spent eight months amid a fraud investigation.

The Independent says five different flavours of Kettle Chips have been recalled due to fears that pieces of plastic may be in packets.

It also reports that Indian car maker Tata Motors is renaming its new model the Zica to avoid connotations with the new Zika virus outbreak.

The Daily Telegraph highlights that Hounslow's 'flash crash' trader is in court this week to fight against extradition to the United States.

In the Telegraph there's also the story that mobile phones bills for 'tens of millions' of customers could be frozen thanks to the merger of Three and O2 as Hutchinson the Hong Kong firm behind the deal tries to smooth over competition concerns.

The Guardian reports on the news the Mike Ashley's Sports Direct has dropped its legal case against Rangers.

And it also reports that Sir Stelios Haji-Ioannou's budget food store EasyFoodstore has had to close temporarily because it ran out of stock in just two days.


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