What the other papers say this morning – 20 March 2014
FINANCIAL TIMES
Starbucks aims to double market cap
Starbucks wants to almost double its market capitalisation to $100bn (£60.5bn), chief executive Howard Schultz said yesterday, even as the US coffee chain underscored the changing landscape facing retailers as more consumers shop online and by mobile phone.
THE TIMES
London hit by Deutsche Bank job cuts
Deutsche Bank is poised to axe 500 jobs at its investment bank as part of a cost-cutting drive under its joint chief executives. Most of the job losses are expected at the German bank’s operations in London.
The Daily Telegraph
Gold price tipped to soar to $1,400
Gold prices will hit $1,400 (£842) an ounce by the end of the year in a dramatic turnaround in sentiment among investors buying the precious metal, according to Commerzbank. The German bank said it has been “surprised by the early timing and scale of the upward movement”.
THE WALL STREET JOURNAL
Data Deleted From Flight Simulator
Malaysian investigators have found that some data from a flight simulator taken from the home of the missing Malaysia Airlines Flight 370’s pilot was deleted. A US official said the Federal Bureau of Investigation was helping to analyse the data from the simulator.