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Icahn Backs Down on Cigna-Express Scripts Deal21m Updated Icahn Backs Down on Cigna-Express Scripts Deal
Carl Icahn no longer plans to solicit votes from Cigna shareholders against the health-insurer’s $54 billion deal to buy Express Scripts after two proxy-advisory firms recommended shareholders support the deal.
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As Barnes & Noble Struggles to Find Footing, Founder Takes Heat26m Updated As Barnes & Noble Struggles to Find Footing, Founder Takes Heat
Sales are falling and critics say the company lacks a direction, sometimes seeming to give priority to sales of gifts and tchotchkes over books.
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Turkey’s Erdogan, Who Fought a Coup With His iPhone, Rails Against Apple33m Turkey’s Erdogan, Who Fought a Coup With His iPhone, Rails Against Apple
The remarks by President Recep Tayyip Erdogan come as the country grapples with a worsening economic crisis and a widening diplomatic dispute with the United States.
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Turkish lira crisis: President Erdoğan announces boycott of US electrical goods – live updates33m Updated Turkish lira crisis: President Erdoğan announces boycott of US electrical goods – live updates
Turkey’s leader refuses to back down in diplomatic row with America, but lira still rises by 5%
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 Our pick of the best buy savings, mortgage and credit card deals 51m Updated Our pick of the best buy savings, mortgage and credit card deals
Each week we pick out our favourite financial deals to slash your outgoings and make your money stretch further. This week it's broadband, bank accounts and savings.
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Monster Hunter World sales yanked by China55m Monster Hunter World sales yanked by China
The Chinese publisher of Monster Hunter World is forced to stop selling the monster-slaying game.
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Pay growth slows to weakest in a year despite fall in joblessness57m Pay growth slows to weakest in a year despite fall in joblessness
Jobless rate declines to 4% in the three months to June, the lowest since the winter of 1975 Pay growth in Britain has slowed to its weakest in almost a year despite a fall in the jobless rate to a fresh 43-year low and the biggest annual drop in workers from the EU since modern records began more than two decades ago. Figures from the Office for National Statistics (ONS) showed wage inflation cooling in the second quarter of 2018 even though unemployment fell from 4.2% to 4.0% – its lowest level since the winter of 1974-5.
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 Unemployment falls to 40-YEAR low as number of EU nationals working in the UK sees a record drop 1h 4m Updated Unemployment falls to 40-YEAR low as number of EU nationals working in the UK sees a record drop
The jobless total fell by 65,000 in the latest quarter to 1.36 million, which was the lowest figure since 1976.
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Homebase closures: Is your local store to go?1h 10m Homebase closures: Is your local store to go?
Homebase has revealed the locations of the 42 stores it is planning to close, placing 1,500 jobs at risk.
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Homebase to close 42 stores in UK and Ireland1h 39m Updated Homebase to close 42 stores in UK and Ireland
The struggling DIY retailer has struck a rescue deal with its creditors and landlords.
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In New Zealand, Soaring Prices Drive a Black Market in Avocados1h 45m Updated In New Zealand, Soaring Prices Drive a Black Market in Avocados
The fruit’s popularity is rising, but harvests have been bad. So thieves are plundering orchards (some more professionally than others).
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Eurozone grows faster than expected despite trade tensions1h 52m Updated Eurozone grows faster than expected despite trade tensions
Germany beats forecasts in the second quarter, outpacing the UK and France The eurozone economy has shrugged off growing trade tensions to grow faster than previously estimated in the three months to the end of June, as Germany and the Netherlands beat expectations. GDP growth in the eurozone was revised higher from 0.3% to 0.4% between April and June, matching the rate in the first quarter,
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Ashley vows to save majority House of Fraser stores1h 56m Ashley vows to save majority House of Fraser stores
Mike Ashley, the billionaire owner of Sports Direct and Newcastle United, has vowed to save most House of Fraser (HoF) stores.
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Royal Mail fined record £50m by Ofcom2h Updated Royal Mail fined record £50m by Ofcom
Whistl is seeking damages after Royal Mail is found to have abused its dominant market position.
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 FTSE LIVE: Esure sold; Royal Mail slapped with £50m fine; Ashley tough on House of Fraser suppliers 2h Updated FTSE LIVE: Esure sold; Royal Mail slapped with £50m fine; Ashley tough on House of Fraser suppliers
Esure has agreed to a £1.2 billion takeover by Bain Capital and some House of Fraser suppliers may be left out of pocket after Sports Direct bought the retailer out of administration last Friday.
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DealBook Briefing: Elon Musk Has Answers. We Still Have Questions.2h Updated DealBook Briefing: Elon Musk Has Answers. We Still Have Questions.
Tesla’s C.E.O. revealed more details about his plan to take the company private. They do little to clear up confusion surrounding the potential deal.
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 Homebase announces closure of 42 UK stores putting 1,500 jobs at risk 2h Updated Homebase announces closure of 42 UK stores putting 1,500 jobs at risk
The retailer is closing the stores via a Company Voluntary Agreement (CVA), a controversial insolvency procedure used by struggling firms to shut under-performing shops.
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Netflix CFO to Step Down2h Updated Netflix CFO to Step Down
Netflix said Chief Financial Officer David Wells plans to step down as soon as the company picks a successor.
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India Looks to Curb U.S. Tech Giants2h Updated India Looks to Curb U.S. Tech Giants
Indian policy makers are looking for ways to tamp down American tech behemoths, a shift that could crimp growth potential in one of the biggest remaining open markets for expansion.
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Mike Ashley says he aims to keep 47 House of Fraser stores open3h Mike Ashley says he aims to keep 47 House of Fraser stores open
Sports Direct boss plans to bring in ‘cool brands’ after buying chain for £90m Mike Ashley is hoping to keep 47 out of 59 House of Fraser stores open, partly by turning over floors of larger shops to Sports Direct or his Flannels chain, it has emerged. The Sports Direct boss, who is in discussions with landlords about new rent deals, said he wanted to keep 80% of House of Fraser’s stores open and bring in “cool brands of the moment”.
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Turkish lira crisis: President Erdoğan threatens boycott of US electrical goods – live updates3h Updated Turkish lira crisis: President Erdoğan threatens boycott of US electrical goods – live updates
Turkey’s leader refuses to back down in diplomatic row with America, but lira still rises by 5%
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 THREADNEEDLE DYNAMIC REAL RETURN: Total belief of the fund boss who puts money where his mouth is 3h Updated THREADNEEDLE DYNAMIC REAL RETURN: Total belief of the fund boss who puts money where his mouth is
Being ‘a bit greedy and fearful’, in the words of Toby Nangle, manager of Threadneedle Dynamic Real Return fund, means accepting that returns will not shoot the lights out.
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 The number of first-time buyers and movers fell in the months leading up to the interest rate change 3h The number of first-time buyers and movers fell in the months leading up to the interest rate change
While there was a decline in movers and first-time buyers, remortgaging in June was 8.4 per cent up, suggesting more homeowners were locking into new deals in the run up to the rate rise.
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UK unemployment at lowest since 19753h Updated UK unemployment at lowest since 1975
Jobless total falls to 1.36 million in the three months to June - the lowest for more than 40 years.
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Turkish crisis: President Erdoğan threatens boycott of US electrical goods – live updates3h Updated Turkish crisis: President Erdoğan threatens boycott of US electrical goods – live updates
All the day’s economic and financial news, including new German growth figures and UK unemployment data, plus the latest on Turkey’s lira crisis
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Homebase set to close 42 stores3h Updated Homebase set to close 42 stores
The struggling DIY retailer is expected to announce a Company Voluntary Arrangement later on Tuesday.
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Homebase to close 42 stores, putting 1,500 jobs at risk4h Homebase to close 42 stores, putting 1,500 jobs at risk
High street woes continue as M&S, New Look, Mothercare and Carpetright also shut shops Homebase is to confirm a wave of store closures that will see at least 42 DIY outlets shut, putting about 1,500 jobs at risk.
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Venezuela crisis: Maduro to curb fuel subsidies4h Venezuela crisis: Maduro to curb fuel subsidies
Venezuela's president says prices must rise to stop fuel smugglers cheating the country of millions.
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Sir Peter Wood makes £360m from esure sale4h Sir Peter Wood makes £360m from esure sale
Founder of the insurer will reinvest £50m and stay as chairman with new owners Bain Capital.
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Turkish crisis: Indian rupee hits record low but lira recovers - business live4h Updated Turkish crisis: Indian rupee hits record low but lira recovers - business live
All the day’s economic and financial news, including new German growth figures and UK unemployment data, plus the latest on Turkey’s currency crisis
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UK unemployment falls to 43-year low but pay growth slows4h UK unemployment falls to 43-year low but pay growth slows
Jobless rate declines to 4% in the three months to June, the lowest since the winter of 1975 The UK unemployment rate has fallen to a 43-year-low but pay growth has slowed to the weakest rate in almost a year, according to official figures released on Tuesday. The jobless rate fell to 4% in the three months to June, down from 4.2% in the previous quarter and the lowest since the three months to February 1975, said the Office for National Statistics.
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1,500 jobs at risk as 42 Homebase stores to close4h 1,500 jobs at risk as 42 Homebase stores to close
DIY retailer Homebase is set to close 42 stores, putting around 1,500 jobs at risk.
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Unemployment hits lowest level in 40 years5h Unemployment hits lowest level in 40 years
Unemployment fell by 65,000 between April and June to 1.36 million, the lowest for more than 40 years, official figures show.
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 Heartless pension sharks loot £91k on average from elderly victims, say watchdogs 5h Updated Heartless pension sharks loot £91k on average from elderly victims, say watchdogs
Financial watchdogs have launched a new TV, radio and social media campaign to highlight common fraud tactics and explain what to do if you are targeted.
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Mike Ashley vows to keep most House of Fraser stores open5h Mike Ashley vows to keep most House of Fraser stores open
Sports Direct founder says "you can hold my feet to the fire" on his pledge to retain most of the 59 outlets.
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Venezuela crisis: Maduro to raise fuel prices to combat smuggling5h Venezuela crisis: Maduro to raise fuel prices to combat smuggling
President vows to curb fuel subsidies to prevent reselling in neighbouring countries Venezuela’s heavily subsidised domestic fuel prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolás Maduro has said in a televised address.
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Royal Mail fined record £50m for breaking competition law6h Royal Mail fined record £50m for breaking competition law
Ofcom finds company abused its dominant position in bulk mail delivery Royal Mail has been fined a record £50m by the UK communications regulator for breaching competition law.
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Turkish lira crisis: market jitters send Indian rupee to record low - business live6h Updated Turkish lira crisis: market jitters send Indian rupee to record low - business live
All the day’s economic and financial news, including new German growth figures and UK unemployment data, plus the latest on Turkey’s currency crisis
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 How to avoid credit card traps that could cost you dear 6h How to avoid credit card traps that could cost you dear
Credit card interest is on the up, with the cost of the average APR 1 per cent higher than a year ago. Here’s five traps you need to avoid to make sure you don't get charged
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 How to hire the best candidate for your business 6h How to hire the best candidate for your business
The need to hire talent is a good indication that your business is scaling up, but entrepreneurs looking to make new additions should proceed with caution.
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US pushes back on foreign takeover deals6h Updated US pushes back on foreign takeover deals
The US has strengthened its power to review and block business deals, with an eye to China.
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Royal Mail fined £50m for competition breach7h Royal Mail fined £50m for competition breach
The company abused its dominant position by discriminating against its only major competitor in letters.
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Royal Mail fined £50m for breaching competition law7h Royal Mail fined £50m for breaching competition law
Royal Mail has been fined £50m by the communications regulator "for a serious breach of competition law".
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Those Long Security Lines at Airports? They May Move Quicker Soon9h Updated Those Long Security Lines at Airports? They May Move Quicker Soon
The T.S.A. is testing machines that can more thoroughly scan what’s in carry-on bags, so there would be less need to search bags by hand.
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France to Ban Cellphones in Schools to Tackle Addiction9h Updated France to Ban Cellphones in Schools to Tackle Addiction
A French law is set to bar cellphone use by primary and middle school students, an effort to cut down on distractions in class and encourage play or reading during recess.
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China Pulls Plug on Tencent Videogame Days After Launch10h China Pulls Plug on Tencent Videogame Days After Launch
Chinese regulators have blocked sales of a Tencent videogame where players hunted fearsome creatures, the company said, in the latest setback to its PC games business.
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Musk Met With Saudi Fund About Taking Tesla Private10h Updated Musk Met With Saudi Fund About Taking Tesla Private
Elon Musk said Saudi Arabia’s sovereign-wealth fund has approached him several times over nearly two years about providing financial support to take Tesla private, as the CEO sought to explain his claim to have funding for a possible deal.
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Elon Musk’s Tweet on Taking Tesla Private Surprised Even Its Board11h Updated Elon Musk’s Tweet on Taking Tesla Private Surprised Even Its Board
The chief executive is said to have written his Twitter post last week in haste. But he said Monday he had Saudi financial backing for a buyout plan.
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Fighting Conspiracies, Sandy Hook Parent Is Thwarted by Online Policies11h Updated Fighting Conspiracies, Sandy Hook Parent Is Thwarted by Online Policies
The father of a 6-year-old victim has tried to erase lies about his son from the internet, but Automattic, which runs WordPress.com, says “untrue content is not banned.”
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Bayer Shares Plunge After Monsanto Weed Killer Ruling11h Updated Bayer Shares Plunge After Monsanto Weed Killer Ruling
Shares in Bayer dropped 10% after recently acquired Monsanto was ordered to pay $289.2 million in a landmark lawsuit over whether exposure to two of its weed killers caused cancer.
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 More than £8bn is wiped off chemicals group Bayer as court rules weedkiller Roundup caused cancer 11h Updated More than £8bn is wiped off chemicals group Bayer as court rules weedkiller Roundup caused cancer
Shares in pharma and chemicals giant Bayer fell 11 percent on the stock market in Frankfurt, Germany – slashing its value from $99billion to $88billion.
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Advertising: Google-Facebook Dominance Hurts Ad Tech Firms, Speeding Consolidation12h Updated Advertising: Google-Facebook Dominance Hurts Ad Tech Firms, Speeding Consolidation
The investment of venture capital money into ad tech start-ups is falling sharply, helping push a wave of acquisitions.
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DealBook: Elon Musk’s Tweets on Tesla Started a Tizzy. Someone Should Hit the Brakes.13h DealBook: Elon Musk’s Tweets on Tesla Started a Tizzy. Someone Should Hit the Brakes.
Executives are permitted to disclose market-moving information on social media. But Mr. Musk has provided regulators ample opportunity to re-examine the policy.
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Foxconn Is Feeling the Sag in Smartphone Sales. Apple? Not So Much.14h Foxconn Is Feeling the Sag in Smartphone Sales. Apple? Not So Much.
The world’s biggest contract electronics manufacturer has recorded two straight quarters of declining profits, as smartphone sales stagnate.
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Drying fruit and veg14h Drying fruit and veg
Has a 23-year-old engineering student come up with an invention that could tackle food waste problems?
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Charging ahead14h Charging ahead
From battery-powered trucks to Formula E racing cars, electric vehicles are going mainstream around the world.
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UK regulators launch ad campaign to warn against pension scams14h UK regulators launch ad campaign to warn against pension scams
Raising awareness of fraudster tactics comes as figures show victims lose average of £91,000 A TV advertising campaign to warn the public about pension scams is being launched by UK regulators as new figures show that victims are losing an average of £91,000 each. The Financial Conduct Authority (FCA) and the Pensions Regulator have joined forces on the campaign to raise awareness of the most common tactics used by fraudsters.
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The city ranked as the most liveable in the world14h The city ranked as the most liveable in the world
It's the first time a European city has topped the rankings of the Economist Intelligence Unit survey.
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Companies Needing Skilled Workers Look to High Schools15h Updated Companies Needing Skilled Workers Look to High Schools
CVS, Tesla and others help educators create skills-based programs—and future job candidates.
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 Musk: I HAVE got the money to buy Tesla... and most of it has come from Saudi Arabia 16h Musk: I HAVE got the money to buy Tesla... and most of it has come from Saudi Arabia
After days of speculation about how a buyout could work, the billionaire published details of a series of talks he had with the oil-rich country's sovereign wealth fund in a 1,100-word blog.
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 Insurance tycoon Sir Peter Wood looks set for a £350m windfall as Esure faces a sell-off 16h Insurance tycoon Sir Peter Wood looks set for a £350m windfall as Esure faces a sell-off
The company, which was set up by Wood in 2000 and owns the Sheilas’ Wheels brand, is in talks about a possible takeover by Bain Capital worth 280p a share.
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 Travellers cash in on lira as the Turkish currency plunges to a record low against the pound  16h Travellers cash in on lira as the Turkish currency plunges to a record low against the pound 
Holidaymakers exchanging £500 at the Post Office yesterday received 4,091 lira compared with the 2,174 lira they would have got a year ago.
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 DAILY BRIEFING: Avesoro Resources produces more than three times as much gold 16h DAILY BRIEFING: Avesoro Resources produces more than three times as much gold
The budget retailer said its six-piece skincare range will 'inject some everyday luxury' into beauty routines.
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VF Corporation Plans to Spin Out Its Denim Brands16h VF Corporation Plans to Spin Out Its Denim Brands
The clothing company said that it will put its jeans lines, including Wrangler and Lee, into a separate business as their growth has slowed.
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Rising U.S. Consumer Prices Are Eroding Wage Gains16h Updated Rising U.S. Consumer Prices Are Eroding Wage Gains
Months of steady increases have pushed up the inflation rate to the highest level in years. Overall prices are up 2.9% over the past 12 months, a rate last exceeded in early 2012.
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 The gin-aissance rolls on as exports of the British spirit spill over a record £500bn 16h The gin-aissance rolls on as exports of the British spirit spill over a record £500bn
Annual revenues of the spirit overseas have surpassed the £500million mark for the first time, according to the Wine And Spirit Trade Association.
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Why Turkey’s Financial Crisis Matters Outside Turkey16h Updated Why Turkey’s Financial Crisis Matters Outside Turkey
In past decades, plunges in emerging-market currencies have ignited broader crises. Turkey’s lira is crashing, and that has financial markets on edge.
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Wrangler Owner VF Plans to Spin Off Jeans Business16h Updated Wrangler Owner VF Plans to Spin Off Jeans Business
VF Corp., owner of Lee and Wrangler jeans, plans to spin off its denim business in a bid to sharpen its focus on faster-growing outerwear and activewear brands.
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 MARKET REPORT: Chemring shareholders dash to sell after tragic explosion at its Wiltshire plant 16h MARKET REPORT: Chemring shareholders dash to sell after tragic explosion at its Wiltshire plant
Work at the plant near Salisbury, which accounts for about 25 per cent of the company's sales, has been suspended during a key period, with no date yet for production to restart.
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 Fox offers Sky boss Jeremy Darroch a lucrative share deal to stay on 17h Fox offers Sky boss Jeremy Darroch a lucrative share deal to stay on
Darroch and chief operating officer Andrew Griffith would be handed stock in Fox if the US firm succeeds in buying Sky.
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Plunge in Lira, Turkey’s Currency, Fuels Fears of Financial Contagion17h Updated Plunge in Lira, Turkey’s Currency, Fuels Fears of Financial Contagion
The country’s economic crisis has been caused by soaring inflation, economic mismanagement by the Turkish government and tensions with the United States.
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They Thought Hemophilia Was a ‘Lifelong Thing.’ They May Be Wrong.17h Updated They Thought Hemophilia Was a ‘Lifelong Thing.’ They May Be Wrong.
Experimental gene therapies have yielded promising results in early trials. But the drugs have left some patients wary, worried that success will not last.
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Fierce and Unpredictable: How Wildfires Became Infernos17h Fierce and Unpredictable: How Wildfires Became Infernos
A division of the U.S. Forest Service is studying fire behavior as the blazes in the West become hotter and spread faster than ever before.
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Turkey on the Economic Brink, Explained in a Dozen Charts17h Updated Turkey on the Economic Brink, Explained in a Dozen Charts
Investors fear Turkey is teetering on the edge of financial crisis following a dramatic plunge in its currency that continues to deepen. The lira now is down nearly 45% this year, rattling vulnerable emerging markets.
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Turkish lira record low ripples through global currency markets18h Turkish lira record low ripples through global currency markets
Peso and rand become knock-on casualties of Turkey’s currency slide after lira falls 8% against the dollar A fresh
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Elon Musk: Saudi Fund Asked About Taking Tesla Private18h Updated Elon Musk: Saudi Fund Asked About Taking Tesla Private
Tesla’s Elon Musk said he has been in talks with a Saudi sovereign-wealth fund about taking the electric-car maker private and believes two-thirds of shareholders would remain with the company.
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What’s the Right Number of Taxis (or Uber or Lyft Cars) in a City?19h Updated What’s the Right Number of Taxis (or Uber or Lyft Cars) in a City?
Technology has made it easier to identify and manage the optimal supply, but it also depends on which problem you’re trying to solve.
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Elon Musk Says Meetings With Saudis Preceded Tweet on Taking Tesla Private19h Updated Elon Musk Says Meetings With Saudis Preceded Tweet on Taking Tesla Private
In a blog post, Mr. Musk, the electric carmaker’s chief executive, offered his fullest explanation yet for what he said were the circumstances behind a message that took Wall Street by surprise.
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The Guardian view on Britain’s railways: a system where nobody listens | Editorial19h The Guardian view on Britain’s railways: a system where nobody listens | Editorial
Delays and cancellations continue to plague commuter services. Now the prices are being hiked again. There is a human solution to this messIf there is one thing worse for Britain’s rail commuters than the deteriorating service on too many networks, it is the amount that they have
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The Guardian view on Turkey’s currency crisis: it was made at home | Editorial19h The Guardian view on Turkey’s currency crisis: it was made at home | Editorial
President Erdoğan won elections on the back of an economy that was boosted by cheap credit. Now the bills are coming due and no provision has been made to pay themPresident Recep Tayyip Erdoğan’s
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When the Menu Says ‘Organic,’ but All the Food Isn’t 20h When the Menu Says ‘Organic,’ but All the Food Isn’t
The term doesn’t mean much in restaurants, which are not required to undergo the same rigorous certifying process as farms and food companies.
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Mulvaney Looks to Weaken Oversight of Military Lending20h Updated Mulvaney Looks to Weaken Oversight of Military Lending
The head of the Consumer Financial Protection Bureau will halt “supervisory inspections” of lenders, arguing that the agency lacks legal standing to engage in such examinations.
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 FTSE CLOSE: London stocks end the day in the red 21h Updated FTSE CLOSE: London stocks end the day in the red
The FTSE 100 closed down 24.56 points at 7,642.45. Travel firms with exposure to Turkey such as TUI fell today, and so did some bank stocks like Barclays, following the Turkish lira meltdown.
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Blow for coal companies as EU price on carbon emissions hits ten-year high21h Blow for coal companies as EU price on carbon emissions hits ten-year high
Pollution cost set to hurt profit margins but may need to triple to trigger switch to renewables, say analysts The amount that polluters pay for emitting carbon in the European Union has hit a ten-year high in a blow for coal power station owners and a boost for renewable energy. The price of carbon in the bloc’s emissions trading scheme reached €18 (£16) per tonne on Monday, triple the level a year ago.
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Pension scam victims lose £91,000 on average21h Pension scam victims lose £91,000 on average
Regulators have joined forces to warn pension holders of fraudsters who have scammed victims of £91,000 on average.
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Elon Musk says Saudi fund has offered to help take Tesla private21h Elon Musk says Saudi fund has offered to help take Tesla private
Musk said that the Saudi investment fund had approached him several times over the last two years with offers to help the struggling company go private
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 Watch out for Nectar text message scam doing the rounds asking you to log in to double points 21h Watch out for Nectar text message scam doing the rounds asking you to log in to double points
The scam appears to come through a text message thread bearing a link to Nectar’s log-in page that looks like it really is from Nectar.
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 Businessman sues Monaco Yacht Show for allegedly barring him from the event 22h Businessman sues Monaco Yacht Show for allegedly barring him from the event
Yacht broker Malouf – who made his fortune through his industrial waste firm Dial A Dump – is understood to have paid around £45,000 for a berth for his £22million super-yacht Mischief.
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 Lloyds Bank slashes perks for Avios Rewards credit card customers 22h Updated Lloyds Bank slashes perks for Avios Rewards credit card customers
Lloyds Bank took its Avios Rewards card off the shelf in May. Now it is scaling back the deal for existing customers, reducing the number of points you earn. Here's what you need to know
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Clues to Your Health Are Hidden at 6.6 Million Spots in Your DNA22h Updated Clues to Your Health Are Hidden at 6.6 Million Spots in Your DNA
With a sophisticated new algorithm, scientists have found a way to forecast an individual’s risks for five deadly diseases.
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Tax havens shielding companies responsible for deforestation and overfishing22h Tax havens shielding companies responsible for deforestation and overfishing
70% of vessels implicated in illegal, unreported or unregulated fishing are registered in tax havens, report finds Money channelled through secretive tax havens has been used to fuel deforestation in the Amazon and illegal fishing around the world, racking up a heavy environmental toll but leaving few ways for businesses to be held to account. Billions of pounds worth of finance has travelled through countries internationally recognised as tax havens, and has been traced by researchers to activities that contribute to environmental destruction, such as growing soy and beef in deforested areas of the Amazon, and expanding a network of largely unregulated fishing vessels operating under “
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 Insurer Esure sees its shares jump more than 30% on possible takeover 22h Insurer Esure sees its shares jump more than 30% on possible takeover
Private equity firm Bain is offering 280p per share, a 37 per cent premium on the closing share price of 204 pence on August 10.
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Elon Musk says Saudis back Tesla buyout22h Updated Elon Musk says Saudis back Tesla buyout
The explanation of his plan to take the electric carmaker private follows legal action by some investors.
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 FTSE LIVE: Royal Mail unveils postboxes for parcels; Shipping firm Clarkson posts falling profits 23h Updated FTSE LIVE: Royal Mail unveils postboxes for parcels; Shipping firm Clarkson posts falling profits
The Royal Mail is launching a trial of the UK's first ever parcel postboxes, which will allow small businesses to post pre-paid parcels in the same way they currently post a letter.
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 Insurer Esure sees its shares jump more than 30% on possible £1.2bn takeover by private equity firm 23h Insurer Esure sees its shares jump more than 30% on possible £1.2bn takeover by private equity firm
Private equity firm Bain is offering 280p per share, a 37 per cent premium on the closing share price of 204 pence on August 10.
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Eurozone Optimism Ebbs With Tensions Over Trade, Turkey23h Eurozone Optimism Ebbs With Tensions Over Trade, Turkey
Europe’s economy has slowed, and seems unlikely to bounce back strongly in what remains of a year that began with high hopes and then hit a series of setbacks.
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Turkey’s Economic Woes Fuel Fears of Contagion in Markets23h Updated Turkey’s Economic Woes Fuel Fears of Contagion in Markets
After the country’s currency fell to a new low against the dollar, investors expressed concern that the problems could spill over into other regions.
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Saudi Arabia pushed to take Tesla private - Musk24h Saudi Arabia pushed to take Tesla private - Musk
Elon Musk, the billionaire chief executive of Tesla, has claimed that Saudi Arabia's sovereign wealth fund has been pushing to take the electric car maker private.
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Rail fares predicted to rise 3.5% next year24h Updated Rail fares predicted to rise 3.5% next year
Wednesday's inflation figures will be used to determine the rise in rail fares from January.
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Defence firm Chemring issues profit warning after fatal explosion24h Defence firm Chemring issues profit warning after fatal explosion
Production suspended at Salisbury factory while investigation takes place Shares in Chemring plunged after
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Heathrow Airport passport queues reach 2.5 hours24h Updated Heathrow Airport passport queues reach 2.5 hours
The airport's border force missed its target for non-EEA visitors nearly every day last month.
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 Train fares set to rise by more than 3% again in January 2019 24h Updated Train fares set to rise by more than 3% again in January 2019
Fed-up commuters are set for another year of high price rises next January as the Government continues to link them with the Retail Prices Index.
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How Turkish contagion is threatening global markets24h How Turkish contagion is threatening global markets
What do South Africa and Mexico have to do with the current crisis engulfing the Turkish lira?
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Foxconn Posts Unexpected Drop in Profit25h Updated Foxconn Posts Unexpected Drop in Profit
Foxconn Technology posted a worse-than-expected drop in second-quarter profit, even after its biggest customer Apple said recent demand for iPhones remained resilient.
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 Action Fraud takes more than twice as long to answer the phone than the taxman 25h Action Fraud takes more than twice as long to answer the phone than the taxman
The waiting time for calls to Action Fraud is typically 11 minutes and 8 seconds, according to a report. In comparison, the HMRC takes 4 minutes and 42 seconds on average to answer calls.
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 I loaned my son money for a flat, but how do I stop his girlfriend taking half my cash? 25h I loaned my son money for a flat, but how do I stop his girlfriend taking half my cash?
My son’s partner has informed him that, as she has been paying half the bills she wants her name on the deeds. How do I protect my loan? Lawyer Michael Prendergast replies.
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Asian Stock Markets Drop on Worries of Fallout From Turkey25h Updated Asian Stock Markets Drop on Worries of Fallout From Turkey
Investors have expressed concern that a worsening economic crisis in the country could spill over into other markets and regions.
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Frackers Burn Cash to Sustain U.S. Oil Boom25h Updated Frackers Burn Cash to Sustain U.S. Oil Boom
American oil companies—primed to reap the benefits of rising prices after years of wringing more from wells for less—are seeing profits erode in the face of rising costs.
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Google Woos Partners for Potential China Expansion25h Updated Google Woos Partners for Potential China Expansion
While Google’s search engine remains blocked in China, the company is courting allies there by providing tools and support to a growing number of app developers, manufacturers and advertisers.
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Nintendo cracks down on retro games downloads26h Nintendo cracks down on retro games downloads
Three sites offering retro games have gone offline following legal action.
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DealBook Briefing: Turkey’s Chaos Could Be Your Problem26h Updated DealBook Briefing: Turkey’s Chaos Could Be Your Problem
The Turkish lira continues to slide, and that’s starting to affect markets and currencies around the world.
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Turkey takes action in bid to curb currency crisis26h Updated Turkey takes action in bid to curb currency crisis
Stock markets fall again as the value of the lira slides, sparked by a row between Turkey and the US.
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Higher UK rail fares would add insult to injury, say mayors26h Higher UK rail fares would add insult to injury, say mayors
Andy Burnham and Steve Rotherham write to minister demanding freeze in fares The mayors of Greater Manchester and the Liverpool city region have demanded a freeze in rail fares after months of travel chaos across the country. In a joint letter to the transport secretary, Chris Grayling, the mayors Andy Burnham and Steve Rotherham said the
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 Jack Wills boss pushed out after bust-up with backer  26h Jack Wills boss pushed out after bust-up with backer 
Its hoodies and T-shirts proved a hit with teenagers and university students and it expanded into a global chain with a turnover of more than £130m.
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Bayer shares nosedive after weedkiller cancer ruling26h Bayer shares nosedive after weedkiller cancer ruling
Shares in German pharmaceuticals and chemicals giant Bayer plunged on Monday after a man with terminal cancer successfully sued the firm's newly acquired Monsanto subsidiary.
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Turkey financial crisis: contagion fears hit markets as central bank acts to support the lira – business live26h Updated Turkey financial crisis: contagion fears hit markets as central bank acts to support the lira – business live
All the day’s economic and financial news, as Turkey’s lira crisis hits shares and currencies around the globe
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Bayer shares tumble after Monsanto payout in weedkiller case27h Bayer shares tumble after Monsanto payout in weedkiller case
Bayer insists glyphosate use is safe, but its market value drops after the record California payout.
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Ticketmaster to shut Seatwave and GetMeIn resale sites27h Ticketmaster to shut Seatwave and GetMeIn resale sites
Ticketmaster is shutting down its secondary resale sites Seatwave and GetMeIn to combat touts.
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Mike Ashley told to pay House of Fraser suppliers in full28h Mike Ashley told to pay House of Fraser suppliers in full
Sport Direct's Mike Ashley is urged to pay suppliers to the failed department store chain "in full".
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 Why video gaming is set to become a major industry 28h Updated Why video gaming is set to become a major industry
Technology consulting firm Activate thinks that by 2020, 70m people will watch an esports final, more than the number watching the American professional baseball, soccer, and hockey finals.
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 Ticketmaster to axe resale sites Seatwave and Get Me In 28h Ticketmaster to axe resale sites Seatwave and Get Me In
Ticketmaster's two sites allow people to offload unwanted tickets to concerts but have been exploited by touts who snap up tickets and list them for far more.
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Banks and Retailers Are Tracking How You Type, Swipe and Tap28h Banks and Retailers Are Tracking How You Type, Swipe and Tap
Biometrics are moving way beyond fingerprints: To fight fraud, companies are building databases on people’s behaviors and movements.
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 High Street suffering from vicious circle as bank closures put off shoppers and hit local shops 28h Updated High Street suffering from vicious circle as bank closures put off shoppers and hit local shops
Nearly half of independent retailers blamed the lack of a local bank branch for poor trading - and a significant third of owners said they are considering shutting up shop to go online.
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Turkey pledges action plan to tackle lira crisis29h Turkey pledges action plan to tackle lira crisis
Turkey's central bank has said it is ready to take "all necessary measures" to ensure financial stability following the collapse in value of the lira.
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 Car buyers run the risk of unavoidable fines of up to £1k this weekend 29h Car buyers run the risk of unavoidable fines of up to £1k this weekend
With rules dictating that vehicle tax is non-transferable, it means anyone who buys a used car this weekend won't be able to legally drive it on the road.
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 Nationwide fails rate rise test except on Help to Buy 29h Updated Nationwide fails rate rise test except on Help to Buy
How dispiriting to discover, following the 0.25 percentage point Bank base rate rise to 0.75 per cent, that Nationwide has chosen not to pass on the full increase to millions of its beleaguered savers.
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 Inflation set to rise to 2.5% as wages and jobs grow  29h Updated Inflation set to rise to 2.5% as wages and jobs grow 
Analysts said July’s Consumer Prices Index measure of inflation is likely to have risen to 2.5 per cent when it is released on Wednesday, up from 2.4 per cent in June.
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 TONY HETHERINGTON: Aviva refused to take my cash... or hand it back 29h Updated TONY HETHERINGTON: Aviva refused to take my cash... or hand it back
'I ventured on to Aviva’s website on March 20 to open an Isa – but what a calamity that turned out to be', writes Ms J.J.
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 Smart meters could let energy providers hike prices and raid balances 29h Updated Smart meters could let energy providers hike prices and raid balances
Nick Hunn, a wireless technology expert with London-based firm WiFore, fears this might eventually give energy suppliers the ability to act like the fictional Big Brother.
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Ticketmaster to shut Seatwave and GetMeIn resale sites29h Ticketmaster to shut Seatwave and GetMeIn resale sites
Controversial secondary ticketing sites will be replaced by fan-to-fan exchanges Ticketmaster is to shut down its two resale sites, GetMeIn and Seatwave, amid persistent criticism of so-called
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 Exposed: The trading courses that peddle an expensive pipe dream 29h Updated Exposed: The trading courses that peddle an expensive pipe dream
Pipe dreams of a quick and easy route to financial freedom are being used to lure a new generation into risky, home-based foreign exchange trading, Laura Shannon reveals.
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 Battle to save House of Fraser pension fund 29h Battle to save House of Fraser pension fund
Last ditch efforts are underway to help secure the pensions of thousands of House of Fraser workers after the department store was snapped up by Sports Direct.
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 Time to fight back against parking madness: This is Money podcast 29h Updated Time to fight back against parking madness: This is Money podcast
We’ve had countless stories of over-zealous fines and this week Lee Boyce reveals how he fought back after he was sent a ticket for stopping briefly at a BP petrol station.
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 Volkswagen launches new 6m-long Grand California campervan 29h Updated Volkswagen launches new 6m-long Grand California campervan
Expect prices from £70,000 and £80,000 compared to the current, but smaller and less equipped, California Ocean costing from £53,267 to £62,829.
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 How to let your home rather than sell: Our guide to accidental buy-to-let 30h How to let your home rather than sell: Our guide to accidental buy-to-let
Contrary to popular belief, not every landlord is in the property business by choice. Thousands find themselves letting a home unplanned. Here’s the way to make it pay.
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 From changing your mortgage to tenancy contracts: How to earn income as an accidental landlord 30h Updated From changing your mortgage to tenancy contracts: How to earn income as an accidental landlord
Thousands find themselves letting a home unplanned. Here’s the way to make it pay.
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Ticketmaster to close resale sites Seatwave and Get Me In30h Ticketmaster to close resale sites Seatwave and Get Me In
Seatwave and Get Me In will be shut down in October in a bid to fight touts, Ticketmaster announces.
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Turkey financial crisis: Contagion fears hit markets as central bank takes action – business live30h Turkey financial crisis: Contagion fears hit markets as central bank takes action – business live
All the day’s economic and financial news, as Turkey’s currency crisis hits shares and currencies around the globe
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Turkish lira crisis: euro plunges as currency volatility sparks contagion fear31h Turkish lira crisis: euro plunges as currency volatility sparks contagion fear
Euro falls to one-year low as investors worry financial crisis could infect European markets The Turkish lira fell almost 9% in early trading on Monday and the euro hit a one-year low as investors feared that the country’s financial crisis could spread to European markets. Despite defiant words by the Turkish president Recep Tayyip Erdoğan over the weekend pledging as yet unspecified action to reverse the slide, the currency slipped alarmingly against the US dollar on Monday.
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Park Modern: flats for super-rich leave key workers in the cold31h Park Modern: flats for super-rich leave key workers in the cold
Despite London’s housing crisis, half billion pound development beside Kensington Gardens won’t include a single affordable flat It is billed as “London’s most prestigious residential development” and prospective super-rich buyers are offered the chance to be “neighbours to the new Duke and Duchess of Sussex” in Kensington Palace. The developers have also ensured that residents won’t have to share walls with anyone on a modest wage as they made a not-uncommon agreement with Westminster city council and the mayor of London that the half-a-billion pound development overlooking Kensington Gardens should not include a single affordable flat despite the “housing crisis” gripping the capital.
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My partner is a first-time buyer but I am not. Do we have to pay stamp duty?31h My partner is a first-time buyer but I am not. Do we have to pay stamp duty?
I want to buy a home with my fiancee, but already own 20% of another property. Can we benefit from the SDLT relief available to first-time buyers?
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Scottish Power’s boiler insurance is at breaking point31h Scottish Power’s boiler insurance is at breaking point
Reasons for a ‘no repair’ just don’t wash
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Turkey lira plunge: Minister pledges action to calm markets31h Turkey lira plunge: Minister pledges action to calm markets
The country's finance minister says it will unveil details of its plan on Monday morning.
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Turkey financial crisis: euro plunges as lira volatility sparks contagion fears32h Turkey financial crisis: euro plunges as lira volatility sparks contagion fears
Euro falls to one-year low as investors worry financial crisis could infect European markets The Turkish lira fell almost 9% in early trading on Monday and the euro hit a one-year low as investors feared that the country’s financial crisis could spread to European markets. Despite defiant words by the Turkish president Recep Tayyip Erdoğan over the weekend pledging as yet unspecified action to reverse the slide, the currency slipped alarmingly against the US dollar on Monday.
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Council pension funds are major investors in tobacco companies32h Council pension funds are major investors in tobacco companies
Anti-smoking groups dismiss claims by local authorities that they can’t sell stocks More than £1.7bn has been directly invested in tobacco company stocks by healthcare providers, fire authorities and schools via UK council pension funds, the Guardian can reveal. Council retirement schemes in the UK are major investors in firms including British American Tobacco, Imperial Brands and Philip Morris, according to data compiled from more than 100 freedom of information requests.
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A Gas Pipeline to Italy? Five Star Backers Sense a Betrayal33h Updated A Gas Pipeline to Italy? Five Star Backers Sense a Betrayal
The populist party came to power after a campaign filled with conspiratorial overtones against globalist forces. Now it faces one of its first tests of real-life governing.
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Russia and 4 Other Nations Settle Decades-long Dispute Over Caspian Sea33h Russia and 4 Other Nations Settle Decades-long Dispute Over Caspian Sea
The five states with shorelines on the Caspian Sea agreed on a formula to divide up the world’s largest inland body of water, potentially clearing the way for oil and gas development.
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