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ECB Signals Faith in Economy as It Maintains Policy Mix9m ECB Signals Faith in Economy as It Maintains Policy Mix
European Central Bank President Mario Draghi said he expects economic growth in the eurozone to remain solid, indicating that signs of a slowdown haven’t prompted policy makers to reassess their stimulus policies.
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Currencies in USD
GBP 1,39 -0,143%
EUR 1,22 -0,164%
CHF 1,02 -0,590%
U.S. Jobless Claims Drop to Lowest Level Since 196911m Updated U.S. Jobless Claims Drop to Lowest Level Since 1969
The number of Americans applying for unemployment benefits fell to the lowest level since 1969, the latest sign the labor market is firming after years of steady job growth.
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TSB crisis could drag into next week, as bank turns to IBM - business live13m Updated TSB crisis could drag into next week, as bank turns to IBM - business live
Experts from IBM are trying to fix the problems that have dogged TSB’s internet banking service, but it could take several days
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 FTSE LIVE: Barclays reports £764m quarterly loss after PPI hit 15m Updated FTSE LIVE: Barclays reports £764m quarterly loss after PPI hit
One of the UK's top banks, Barclays, has reported a large £764 million loss in its first quarter despite improving performance as PPI charges and a US fine hit overall profits. While Shell profits jumped up.
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Wembley: Football Association offered £800m to sell national football stadium17m Updated Wembley: Football Association offered £800m to sell national football stadium
The Football Association receives an offer to sell Wembley Stadium, in a deal understood to be worth £800m.
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Vincent Bolloré, French Billionaire, Faces a Rare Corruption Inquiry18m Updated Vincent Bolloré, French Billionaire, Faces a Rare Corruption Inquiry
Mr. Bolloré, called the “King of Africa” for his business dealings there, faces allegations of bribing politicians in exchange for contracts.
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U.S. Durable-Goods Orders Rose 2.6% in March47m U.S. Durable-Goods Orders Rose 2.6% in March
Demand for long-lasting U.S. factory goods rose in March due to increased aircraft orders, but an underlying proxy for business investment fell.
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The Million Dollar Cancer Treatment: Who Will Pay?51m The Million Dollar Cancer Treatment: Who Will Pay?
A new wave of genetic-based therapies for treating cancer are creating sticker shock, as the drugs and related care for a single patient can run up close to a million dollars.
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Nintendo, Scoring Roaring Business, to Switch It Up With a New CEO53m Updated Nintendo, Scoring Roaring Business, to Switch It Up With a New CEO
Nintendo Chief Executive Tatsumi Kimishima said he would step down in June in favor of a younger executive, calling it the right time after the Switch game machine introduced last year turned into a hit.
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Nintendo Switch fuels strong rise in profits54m Nintendo Switch fuels strong rise in profits
The Japanese company's fast-selling console boosts profits, as a new president is announced.
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Is it time to raise interest rates? Experts debate the Brexit watch data58m Is it time to raise interest rates? Experts debate the Brexit watch data
Two former members of Bank of England’s interest rate-setting committee discuss the potential rate rise
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How has the Brexit vote affected the economy? April verdict58m How has the Brexit vote affected the economy? April verdict
Each month we look at key indicators to see what effect the Brexit process has on growth, prosperity and trade in the UK
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Investors Seek Clues From Draghi After ECB Maintains Policy Mix59m Investors Seek Clues From Draghi After ECB Maintains Policy Mix
The European Central Bank pushed back a decision on the future of its easy-money policies, leaving its large monetary stimulus unchanged amid fractious financial markets and signs that the eurozone economy is slowing.
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 The most germ-riddled part of your car revealed 1h 19m The most germ-riddled part of your car revealed
A new study has revealed all by taking swabs from 20 parts of the inside of a car that you would commonly come into touch with - and the results might be a little surprising.
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Opodo didn’t make my booking – and it won’t give me a refund1h 21m Updated Opodo didn’t make my booking – and it won’t give me a refund
We had to buy on-the-spot tickets … for £320 more than the originals
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DealBook Briefing: Why Privacy Scandals Haven’t Dented Facebook, Yet1h 25m DealBook Briefing: Why Privacy Scandals Haven’t Dented Facebook, Yet
The tech giant’s sterling first-quarter earnings have granted the company a respite from investor ire.
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FA nets Wembley bid amid reported £500m deal1h 27m FA nets Wembley bid amid reported £500m deal
The Football Association (FA) has confirmed receiving a bid for Wembley stadium amid reports of a deal worth at least £500m.
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Southwest Forecasts Weaker Bookings After Fatal Accident1h 30m Updated Southwest Forecasts Weaker Bookings After Fatal Accident
Southwest Airlines warned of weaker revenue ahead as the company continues to deal with the fallout of last week’s fatal accident following an engine blowout on a flight from New York to Dallas.
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TSB drafts in IBM team to end IT meltdown1h 31m Updated TSB drafts in IBM team to end IT meltdown
Bank chief apologises for online banking crisis and waives overdraft fees and raises saving rates to assuage anger
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Signs of Wavering Eurozone Economy Are Unlikely to Faze E.C.B.1h 32m Updated Signs of Wavering Eurozone Economy Are Unlikely to Faze E.C.B.
Tentative indications of slowing growth will probably not cause the European Central Bank to revise its timetable for gently winding down economic stimulus.
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The Million Dollar Cancer Treatment No One Knows How to Pay for1h 37m The Million Dollar Cancer Treatment No One Knows How to Pay for
A new wave of genetic-based therapies for treating cancer are creating sticker shock, as the drugs and related care for a single patient can run up close to a million dollars.
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Bookshop chain Waterstones sold to Elliott Advisors1h 47m Updated Bookshop chain Waterstones sold to Elliott Advisors
The bookshop chain, which has 283 outlets, is snapped up by investment firm Elliott Advisors.
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 Interest rate on TSB Classic Plus current account raised back to 5% 1h 51m Updated Interest rate on TSB Classic Plus current account raised back to 5%
Chief executive Paul Pester on BBC radio pledged that 'we will get up and come back fighting' as he drafted in experts from IBM to help fix the botched system upgrade.
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NBC Bet $69 Million on Megyn Kelly---Then Viewers Vanished1h 52m Updated NBC Bet $69 Million on Megyn Kelly---Then Viewers Vanished
The former Fox News star was supposed to bring a bigger audience for “Today.” Instead, ratings declines and high production costs have been a drag on a critical franchise, an expensive reminder of how the heyday of the star network anchor has passed.
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 The most germ-riddled part of your motor revealed 1h 55m The most germ-riddled part of your motor revealed
A new study has revealed all by taking swabs from 20 parts of the inside of a car that you would commonly come into touch with - and the results might be a little surprising.
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EU Presses Tech Firms on Search Results, Fake News2h EU Presses Tech Firms on Search Results, Fake News
The European Union tightened its effort to rein in tech giants like Alphabet’s Google and Facebook, advancing several measures that aim to shape the way they operate in Europe.
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 FTSE LIVE: Barclays reports £764m quarterly loss after PPI hit; Profits surge at Shell 2h Updated FTSE LIVE: Barclays reports £764m quarterly loss after PPI hit; Profits surge at Shell
One of the UK's top banks, Barclays, has reported a large £764 million loss in its first quarter despite improving performance as PPI charges and a US fine hit overall profits. While Shell profits jumped up.
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High Oil Prices Boost Industry Earnings, but Investors Remain Wary2h Updated High Oil Prices Boost Industry Earnings, but Investors Remain Wary
Rising crude prices are supercharging earnings at the world’s major oil firms, but investors may need more convincing that Big Oil is back.
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UK retail sales continue to disappoint in April2h UK retail sales continue to disappoint in April
Hopes of recovery from ‘beast from the east’ dashed after fifth consecutive month of weak sales Hopes in the high street of a bounce back from poor weather-affected trading have been dashed after the CBI reported another weak month of sales for retailers.
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Hundreds of jobs face axe in Poundworld CVA2h Hundreds of jobs face axe in Poundworld CVA
Hundreds of jobs are under threat at the discount retailer Poundworld as its owners draw up plans to close more than a quarter of its 355-store estate.
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 The jobs with the most expensive car insurance 2h Updated The jobs with the most expensive car insurance
As car insurance is based on risk, these professions are considered to be some of the most high-risk drivers in the UK and therefore those with one can expect to pay some of the costliest car insurance.
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TSB boss Paul Pester says bank is on its knees over IT chaos2h TSB boss Paul Pester says bank is on its knees over IT chaos
Paul Pester told BBC Radio 5 live that the ongoing chaos has been 'unacceptable'.
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 Barclays slips to a loss after £1.4bn misconduct charge in the US 2h Updated Barclays slips to a loss after £1.4bn misconduct charge in the US
Barclays was hit by a £1.4bn settlement with the US Department of Justice (DOJ) related to the sale of mortgage-backed securities in the lead-up to the financial crisis.
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Facebook Posts Surge in Revenue as It Tackles User-Data Crisis2h Updated Facebook Posts Surge in Revenue as It Tackles User-Data Crisis
Facebook, in its first earnings report after touching off widespread data-privacy concerns, posted soaring revenue and profit that highlighted the company’s central place in the digital economy.
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Beijing Ready to Hit Back if U.S. Curbs Chinese Investments2h Updated Beijing Ready to Hit Back if U.S. Curbs Chinese Investments
The U.S. threat of investment restrictions is already damping the enthusiasm of Chinese businesses, with some canceling or slowing plans to invest in the American market.
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Nintendo Names New CEO After Success of Switch2h Updated Nintendo Names New CEO After Success of Switch
Nintendo CEO Tatsumi Kimishima will step down in June—to be succeeded by Shuntaro Furukawa—following the success of the Switch game machine, which helped more than double the company’s revenue.
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Lionel Messi wins fight to register himself as trademark3h Lionel Messi wins fight to register himself as trademark
A European court agrees to allow the world's top earning footballer to trademark his own name.
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 Royal Dutch Shell reports booming profits as oil price hits peak 3h Royal Dutch Shell reports booming profits as oil price hits peak
Rising oil prices saw profits surge at Royal Dutch Shell during the first three months of the year, with the group posting its highest quarterly numbers for three years.
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Deutsche Bank Abandons Wall Street Ambitions, and Focuses on Europe3h Deutsche Bank Abandons Wall Street Ambitions, and Focuses on Europe
The plan by a new chief executive means that the bank is giving up its efforts to compete on equal terms with Wall Street behemoths.
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Shell Profit Soars on Oil Recovery3h Updated Shell Profit Soars on Oil Recovery
Royal Dutch Shell reported its highest quarterly net profit since 2013, as higher oil prices and years of cost cutting boosted earnings.
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Facebook to vet and label political adverts3h Facebook to vet and label political adverts
Political adverts on Facebook will have to be labelled as such and display who paid for them, a senior company official has said.
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Huawei Under Criminal Investigation Over Iran Sanctions3h Updated Huawei Under Criminal Investigation Over Iran Sanctions
The Justice Department is probing whether Huawei violated U.S. sanctions related to Iran, opening a new avenue of scrutiny amid national-security concerns over the Chinese technology giant.
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 Interest rate on TSB Classic Plus current account raised back to 5% in sop to customers 3h Updated Interest rate on TSB Classic Plus current account raised back to 5% in sop to customers
Chief executive Paul Pester also announced that TSB would be waiving fees and interest charges for April for all customers in a bid to appease their anger at the three days of online banking meltdown.
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 Royal Dutch Shell reports booming profits as oil price hits a three-year peak 3h Royal Dutch Shell reports booming profits as oil price hits a three-year peak
Rising oil prices saw profits surge at Royal Dutch Shell during the first three months of the year, with the group posting its highest quarterly numbers for three years.
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Waterstones bookshops bought by investment firm Elliott Advisors4h Waterstones bookshops bought by investment firm Elliott Advisors
Chief executive James Daunt, who has guided the retailer back to profit and will remain in post, hails the deal as testament to ‘old-fashioned bookselling’ Britain’s largest book chain, Waterstones, has been acquired for an undisclosed sum by the private investment firm Elliott Advisors. James Daunt,
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American Express Is Ready to Charge Into China4h Updated American Express Is Ready to Charge Into China
American Express cleared a hurdle in its yearslong effort to operate in China, potentially becoming the first U.S. card network to offer services there.
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 Car manufacturing decline accelerates as both export and home markets see double-digit falls 4h Car manufacturing decline accelerates as both export and home markets see double-digit falls
A total of 147,471 vehicles rolled off assembly lines last month, which was 13.3 per cent down on the number of units made in March last year.
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Tech giants must manage policies without stifling innovation | Michael Boskin4h Updated Tech giants must manage policies without stifling innovation | Michael Boskin
As the regulators respond to recent controversies, five issues loom large for the firms Technology and the largest tech firms are becoming increasingly controversial. Today, there are growing concerns about third parties accessing and manipulating Facebook user data; and before that, there was a raging debate about whether the government should be able to unlock devices belonging to suspects of terrorism or other crimes. More broadly, technology-driven job dislocation has become a source of constant anxiety.
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 Npower and SSE deal threatens to push up energy bills 4h Updated Npower and SSE deal threatens to push up energy bills
The Competition and Markets Authority will refer the deal for an in-depth investigation unless the two Big Six providers can address its concerns.
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‘Desperation Oncology’: When Patients Are Dying, Some Cancer Doctors Turn to Immunotherapy4h ‘Desperation Oncology’: When Patients Are Dying, Some Cancer Doctors Turn to Immunotherapy
The drugs don’t work against every cancer — but on rare occasions, they work miracles. Now some doctors are offering immunotherapy to dying patients.
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Fed Officials Worry the Economy Is Too Good. Workers Still Feel Left Behind.4h Fed Officials Worry the Economy Is Too Good. Workers Still Feel Left Behind.
Many Americans are just beginning to climb out of the Great Recession, yet policymakers are debating whether the economy is on the cusp of overheating.
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The Era of Very Low Inflation and Interest Rates May Be Near an End4h The Era of Very Low Inflation and Interest Rates May Be Near an End
Moves in global bond markets over the last few months suggest changing expectations about prices.
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New chapter for Waterstones as chain is sold4h New chapter for Waterstones as chain is sold
Waterstones is getting a new owner as a hedge fund takes a controlling stake in the bookseller amid tough times for the high street.
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Barclays pushed into loss by US payout4h Updated Barclays pushed into loss by US payout
The bank says that while it paid $2bn to settle a lawsuit, it resolved a decade-old legacy issue.
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TSB crisis: Bank waives overdraft fees and calls in IBM to fix IT meltdown - business live4h Updated TSB crisis: Bank waives overdraft fees and calls in IBM to fix IT meltdown - business live
Experts from IBM are trying to fix the problems that have dogged TSB’s internet banking service
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SSE-Npower merger could push up prices, competition body says4h Updated SSE-Npower merger could push up prices, competition body says
The competition watchdog says the planned merger of the two energy giants could face an in-depth inquiry.
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Competition regulator refuses to back npower-SSE merger4h Competition regulator refuses to back npower-SSE merger
Regulator says merger needs further scrutiny saying deal could spark higher energy bills The npower-SSE merger could lead to higher consumer energy bills and warrants further scrutiny, the competition watchdog has said. Sources at the firms, two of the big six energy suppliers, had expected the merger to get the go-ahead by the Competition and Markets Authority.
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 Interest rate on TSB current account raised back to 5% as boss tries to appease angry customers 5h Interest rate on TSB current account raised back to 5% as boss tries to appease angry customers
Chief executive Paul Pester also announced that TSB would be waiving fees and interest charges for April for all customers in a bid to appease their anger at the three days of online banking meltdown.
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 Borrow till you drop! Interest-only mortgages to let pensioners cash in or help their kids 5h Updated Borrow till you drop! Interest-only mortgages to let pensioners cash in or help their kids
Would you deny someone a more enjoyable retirement, or the chance to help their children buy homes while they can still come round for dinner?
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 Heading abroad this summer? Peer-to-peer currency sites such as WeSwap could be the cheapest to pay 5h Updated Heading abroad this summer? Peer-to-peer currency sites such as WeSwap could be the cheapest to pay
Large numbers of Britons continue to pay through the nose to exchange currency in airports which can see you pay fees of up to 15 per cent. A new currency swapping service charges just 2 per cent.
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 The Modern House is selling remote Isle of Skye home called The Shed for £545k 5h Updated The Modern House is selling remote Isle of Skye home called The Shed for £545k
The four-bedroom house occupies a magical position on Scotland's Isle of Skye and has an asking price of £545,000.
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Conduct charges push Barclays to £236m loss5h Conduct charges push Barclays to £236m loss
Barclays dived into the red in the first quarter of the year, as a series of costs pushed the bank to a pre-tax loss of £236m.
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TSB drafts in outside help to fix IT chaos5h TSB drafts in outside help to fix IT chaos
The bank's chief executive tells the BBC it is calling in IT giant IBM as the disruption enters day six.
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 City sentiment on Britain is taking a turn for the better 6h Updated City sentiment on Britain is taking a turn for the better
The asset allocation decisions made by large wealth management firms and pension funds on how much cash to hold in each investment type can be considered an indicator of future price direction.
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Ashley Longshore Is Fashion’s Latest Art Darling6h Ashley Longshore Is Fashion’s Latest Art Darling
Her glittery, bawdy feminist work gets likes on Instagram and love at Bergdorf.
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TSB crisis: Bank waives overdraft fees and raises savings rate as problems continue - business live6h TSB crisis: Bank waives overdraft fees and raises savings rate as problems continue - business live
All the day’s economic and financial news, including a European Central Bank meeting and the latest on TSB’s technical problems
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Samsung Electronics posts fourth quarter of record profits7h Samsung Electronics posts fourth quarter of record profits
Sales of memory chips and its new Galaxy S9 smartphone help boost the South Korean giant's performance.
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Former UBS Trader Is Cleared in ‘Spoofing’ Case7h Updated Former UBS Trader Is Cleared in ‘Spoofing’ Case
A jury in Connecticut federal court found a former UBS trader not guilty of market manipulation, dealing a blow to an attempted crackdown on Wall Street.
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TSB calls in IBM to help resolve its IT crisis8h TSB calls in IBM to help resolve its IT crisis
TSB has called in IT specialists to help resolve its digital banking crisis after the bungled upgrade to a new IT system last weekend.
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Comcast Pursues Sky, Sizes Up Bigger Move for Fox Assets8h Updated Comcast Pursues Sky, Sizes Up Bigger Move for Fox Assets
Comcast has submitted a $31 billion bid to buy Sky, prompting the European pay-TV operator to drop its backing for a takeover by Fox and setting up a bidding war.
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Facebook threw us under bus, says data firm Cubeyou8h Facebook threw us under bus, says data firm Cubeyou
Cubeyou denies that data collected through quizzes on the social media site was misused for marketing.
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3 Gadgets You Didn’t Know You Needed, but Are Worth Buying9h Updated 3 Gadgets You Didn’t Know You Needed, but Are Worth Buying
If you don’t have one of these — or you’ve waited until the options were good enough before investing — now is the time to buy.
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Closing of Philippine Tourist Hub Stirs Fears of Military Takeover9h Updated Closing of Philippine Tourist Hub Stirs Fears of Military Takeover
Tourists will be barred from the island of Boracay in what local officials call an overreaction by President Rodrigo Duterte to environmental threats.
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Twitter Stays on an Upswing, With Its Second Straight Quarter of Profit9h Updated Twitter Stays on an Upswing, With Its Second Straight Quarter of Profit
The social media service may not be adding new users at much of a clip, but its advertising-driven business seems to have stabilized.
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Chinese Tariffs Take Root in American Ginseng10h Chinese Tariffs Take Root in American Ginseng
Ginseng grown on farms in central Wisconsin is the world’s most expensive, with exports to China doubling in the past decade—so it’s no wonder farmers in the region are bracing for the effects of China’s 15% tariff.
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Profile: ‘In Italy, There Was the Pope and Then There Was Enzo Ferrari’12h Updated Profile: ‘In Italy, There Was the Pope and Then There Was Enzo Ferrari’
A biography of the legendary Italian carmaker shines a light on the man and the automotive empire he built.
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TSB crisis: customers count cost of IT meltdown as problems continue - as it happened13h TSB crisis: customers count cost of IT meltdown as problems continue - as it happened
Some customers find that internet banking is restricted - or still not working, despite CEO saying it’s up and running
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Companies commit to cutting plastic pollution13h Companies commit to cutting plastic pollution
Some of the world's biggest and most popular brands of food, drink and cleaning products have signed up to an ambitious pact to reduce plastic pollution.
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Sean Spicer Unveils a Wax Melania, and Says Little More Than She Does13h Updated Sean Spicer Unveils a Wax Melania, and Says Little More Than She Does
The former White House press secretary made an appearance to promote the Madame Tussauds version of the first lady. He has a book coming out in July.
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ConocoPhillips Wins $2 Billion Ruling Over Venezuelan Seizure13h Updated ConocoPhillips Wins $2 Billion Ruling Over Venezuelan Seizure
An arbitration panel sided with the company 11 years after Hugo Chávez expropriated several of its oil projects. Now the problem is trying to collect.
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Facebook Revenue Surges Nearly 50%13h Updated Facebook Revenue Surges Nearly 50%
Facebook recorded rising revenue and profits in the first quarter as advertisers were undeterred by the uproar around the site’s handling of user data and struggles to police its platform.
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Ford Will Drop Focus and Fusion Sedans in North America14h Ford Will Drop Focus and Fusion Sedans in North America
The automaker is accelerating efforts to slash costs in a bid to turn around its fortunes both at home and abroad.
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How tariffs saved the US pencil industry14h How tariffs saved the US pencil industry
As trade tariff controversies continue, US pencil-makers say levies on Chinese imports saved their businesses.
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Teenage money mule14h Teenage money mule
One young woman tells the BBC how she let her bank account be used for money-laundering scam.
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Companies sign up to pledge to cut plastic pollution14h Companies sign up to pledge to cut plastic pollution
More than 40 firms including Coca-Cola have promised to reduce harmful packaging.
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Bank economist calls for counselling for primary school pupils14h Bank economist calls for counselling for primary school pupils
Andy Haldane says early mental health intervention could lead to sixfold return on investment The chief economist at the
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UK car production falls on Brexit fears and diesel sales slump14h UK car production falls on Brexit fears and diesel sales slump
Number of vehicles built in March fell 13%, compared with a year ago, to 141,471 Car production in Britain has experienced a double-digit slump amid concern over falling diesel sales and the impact of Brexit on exports. The performance last month, which was partly weather related, prompted the Society of Motor Manufacturers and Traders (SMMT) to repeat its call for continued membership of the EU customs union.
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UK supermarkets launch voluntary pledge to cut plastic packaging14h UK supermarkets launch voluntary pledge to cut plastic packaging
Critics say retailers can pick and choose whether to sign up to Plastics Pact, a series of pledges that have no enforcement mechanism UK supermarkets and food companies launched a new voluntary pledge to cut plastic packaging on Thursday as ministers consider forcing them to pay more towards collecting and recycling the waste they produce. In a first response to a growing public backlash against the huge volumes of plastic rubbish, most of the UK’s largest supermarkets signed up to support the UK Plastics Pact – an industry-wide initiative which says it aims to transform
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UK car output slumps on poor demand14h UK car output slumps on poor demand
Production fell by 13.3% in March, with sharp falls in shipments to the UK and overseas.
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Facebook’s Privacy Scandal Appears to Have Little Effect on Its Bottom Line14h Updated Facebook’s Privacy Scandal Appears to Have Little Effect on Its Bottom Line
The social network posted increases in profit and revenue as it deals with a torrent of criticism about its privacy practices and the way it handles user data.
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How Fake Mark Zuckerbergs Scam Facebook Users Out of Their Cash14h Updated How Fake Mark Zuckerbergs Scam Facebook Users Out of Their Cash
The Facebook chief executive has vowed to clean up the social network, but his company has failed to stop even those impersonating him from swindling people.
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Is Facebook Serious About Its Clean Up?: DealBook Briefing14h Is Facebook Serious About Its Clean Up?: DealBook Briefing
Facebook has promised to spend large sums policing its operations. Its first-quarter results indicate it has room to spend more.
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Chipotle Beats Sales Expectations and Pledges More Change Ahead14h Updated Chipotle Beats Sales Expectations and Pledges More Change Ahead
Chipotle Mexican Grill Inc. reported its revenue rose 7.4% in the latest quarter as the quick-service restaurant chain got a boost from higher prices on menu items.
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Comcast Starts Bidding War With 21st Century Fox for Sky15h Updated Comcast Starts Bidding War With 21st Century Fox for Sky
A $30.7 billion offer for Sky puts the American cable giant in a takeover battle with Rupert Murdoch for control of the British broadcaster.
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Shire board recommends £46bn takeover by Japanese drugmaker Takeda15h Updated Shire board recommends £46bn takeover by Japanese drugmaker Takeda
Deal for the FTSE100 company and maker of ADHD drug will be one of the biggest ever The UK-listed drugmaker Shire, known for its
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Danaher Approached GE About Deal for Life-Sciences Unit15h Updated Danaher Approached GE About Deal for Life-Sciences Unit
Danaher recently expressed interest in a deal for GE’s life- sciences business, but GE didn’t engage and isn’t interested in a deal.
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How to Get More Women in the Boardroom? Some Try Blunt Force15h Updated How to Get More Women in the Boardroom? Some Try Blunt Force
The U.S., once the leader in female directors, is lagging Europe where mandates have forced corporations to boost the ratio of women holding board seats.
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A Lifesaving Pump for Cancer Patients Is Being Phased Out15h A Lifesaving Pump for Cancer Patients Is Being Phased Out
A small, implantable device made by a Johnson & Johnson subsidiary has been discontinued, with no replacement in sight.
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 Facebook flies as sales reach £100m a day thanks to advertising boom 15h Facebook flies as sales reach £100m a day thanks to advertising boom
It represented a revenue boost of nearly 50 per cent at the tech giant – which is now raking in £96m a day – for the three months to the end of March. Profits rose 63 per cent to nearly £3.6bn.
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Facebook sales soar despite data scandal16h Facebook sales soar despite data scandal
The firm reports a near 50% revenue rise and says it is taking a broader review of its responsibilities.
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16h Wall Street Ekes Out Small Gain as Earnings Offset Cost Worries
Wall Street limped into positive territory on Wednesday on optimism over a spate of upbeat earnings that was nearly offset by jitters over rising U.S. bond yields and corporate costs.
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TSB crisis: customers count cost of IT meltdown as problems continue - live updates16h Updated TSB crisis: customers count cost of IT meltdown as problems continue - live updates
Some customers find that internet banking is restricted - or still not working, despite CEO saying it’s up and running
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Global Health: Infant Deaths Fall Sharply in Africa With Routine Antibiotics16h Global Health: Infant Deaths Fall Sharply in Africa With Routine Antibiotics
Providing one dose every six months saved one in four babies, researchers reported. Now the W.H.O. will consider recommending routine use.
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There’s No Smoking in Disney Films. What About When It Owns Fox?16h Updated There’s No Smoking in Disney Films. What About When It Owns Fox?
Walt Disney Studios hasn’t released a movie that depicts smoking since 2015. Now antismoking activists want that rule extended to all films aimed at young audiences by Fox, which Disney is buying.
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 Hedge funds force Whitbread to float Costa as a stand-alone business 16h Hedge funds force Whitbread to float Costa as a stand-alone business
The Premier Inn owner, which is valued at around £8bn, will list Costa on the stock exchange following an assault by two activist investors who took a stake in the firm to push for a break-up.
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 Scottish Power saw a 247% earnings within a week of raising prices for 950,000 homes 16h Scottish Power saw a 247% earnings within a week of raising prices for 950,000 homes
The Big Six provider said first-quarter earnings in its generation and supply business rose to £131.7m as users cranked up the heating to beat the cold.
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Higher Prices Lift Chipotle Revenue, Comparable Sales16h Higher Prices Lift Chipotle Revenue, Comparable Sales
Chipotle Mexican Grill Inc. reported its revenue rose 7.4% in the latest quarter as the quick-service restaurant chain got a boost from higher prices on menu items.
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 ALEX BRUMMER: Comcast threatens the budding bromance between Bob Iger and Rupert Murdoch 16h ALEX BRUMMER: Comcast threatens the budding bromance between Bob Iger and Rupert Murdoch
Brian Roberts of £117bn media colossus Comcast has been looking for a way to gate crash the carefully orchestrated merger plans of Disney and Rupert Murdoch’s 21st Century Fox since late last year.
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 DAILY BRIEFING: Airbus to team up with Rolls-Royce to develop engineer’s UltraFan airplane 16h DAILY BRIEFING: Airbus to team up with Rolls-Royce to develop engineer’s UltraFan airplane
Plane maker Airbus is teaming up with Rolls-Royce to develop the engineer’s UltraFan airplane engine design, to test technology aimed at making the engines 25 per cent even more efficient.
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 MARKET REPORT: Bullish builders dodge slowdown in property 16h MARKET REPORT: Bullish builders dodge slowdown in property
Housebuilder Persimmon reported ‘robust’ figures for the first three months of the year, with demand for new homes soaring.
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 CITY DIARY: Why TSB boss Paul Pester is no dimwit 16h CITY DIARY: Why TSB boss Paul Pester is no dimwit
Contrary to the imaginative insults being flung at him on Twitter, Pester is no dimwit. He has a doctorate in mathematical physics, an honorific of which he’s particularly proud.
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Ford Moves to Streamline Operations and Bolster Profit Margin16h Ford Moves to Streamline Operations and Bolster Profit Margin
The automaker is accelerating efforts to slash costs in a bid to turn around its fortunes both at home and abroad.
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Breakingviews: Investors Bet That Fox and Disney Will Toss Financial Sense Aside16h Breakingviews: Investors Bet That Fox and Disney Will Toss Financial Sense Aside
The merger partners will struggle to match Comcast’s offer for Sky, but Disney might conclude it’s crucial to its expansion and Rupert Murdoch will be reluctant to part with a company he spent decades building.
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17h Stocks End Slightly Higher Though Rate Jitters Linger
Wall Street eked out a small gain on Wednesday as optimism over a spate of upbeat earnings was offset by jitters over rising bond yields and corporate costs.
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What Amazon’s New Headquarters Could Mean for Rents17h Updated What Amazon’s New Headquarters Could Mean for Rents
Winning the contest could mean a steeper increase in local housing costs over the next decade, a study finds. Nashville is already contemplating the impact.
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Vincent Bolloré under formal investigation in Africa corruption probe17h Vincent Bolloré under formal investigation in Africa corruption probe
A judge puts billionaire Vincent Bolloré under formal investigation over corruption allegations.
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Amazon Childproofs Echo Speakers, Adds Age-Appropriate Audio Content17h Updated Amazon Childproofs Echo Speakers, Adds Age-Appropriate Audio Content
An update to Echo will let owners turn on a setting that locks down certain functions, adds new controls and transforms artificially intelligent Alexa from virtual assistant to virtual nanny.
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17h Wall Street Struggles for Footing on Cost Worries, Rising Yields
Wall Street climbed into positive territory on Wednesday as optimism over a spate of upbeat earnings was dampened by jitters over rising bond yields and corporate costs.
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A Video Game ‘Loot Box’ Offers Coveted Rewards, but Is It Gambling?18h Updated A Video Game ‘Loot Box’ Offers Coveted Rewards, but Is It Gambling?
Loot boxes are a substantial revenue stream for the video game industry. But some lawmakers say they constitute gambling and should be regulated.
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Consumer Bureau Looks to End Public View of Complaints Database18h Updated Consumer Bureau Looks to End Public View of Complaints Database
The Consumer Financial Protection Bureau might grant the banking industry’s wish to take offline a public database of complaints against the industry.
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Facebook profit soars as it shakes off data scandal18h Facebook profit soars as it shakes off data scandal
Facebook's first-quarter profit soared amid little sign that users or advertisers had defected over its failure to safeguard personal data.
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TSB crisis: customers count cost of IT meltdown - live updates18h Updated TSB crisis: customers count cost of IT meltdown - live updates
Some customers find that internet banking is restricted - or still not working, despite CEO saying it’s up and running
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GE Retirees, Union Challenge Board at Annual Meeting18h Updated GE Retirees, Union Challenge Board at Annual Meeting
General Electric CEO John Flannery told shareholders he was “keenly aware” of the pain caused by a dividend cut and the troubles of the past year, and said the best way to make amends was to “fix the business.”
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What Tariffs Could Mean for Your New TV18h Updated What Tariffs Could Mean for Your New TV
The Trump administration’s proposed tariffs on Chinese imports include a 25% levy on TVs and related components—which two trade groups say could push up overall TV prices in the U.S. by 4%.
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Boeing to Open Plant in China This Year18h Updated Boeing to Open Plant in China This Year
Boeing aims to have a new facility in China ready to complete some of its 737 jets by the end of this year, a sign that the aerospace giant is taking trade tensions in stride.
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Persimmon saga has been a shambles from start to finish18h Persimmon saga has been a shambles from start to finish
If you cannot get off the fence over boardroom greed you do not deserve to be managing other people’s money How did the housebuilder Persimmon get away with paying their chief executive, Jeff Fairburn, a £75m share bonus? One answer is that too few City fund managers are willing to follow the example of Euan Stirling of Aberdeen Standard Investments and state the bleedin’ obvious – that a chief executive of a public company sometimes has to put the interests of the business ahead of his personal desire to become immensely rich. Stirling’s address to
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Smoking Is Off Limits at Disney. What Will That Mean With Fox in the Fold?18h Smoking Is Off Limits at Disney. What Will That Mean With Fox in the Fold?
Walt Disney Studios hasn’t released a movie that depicts smoking since 2015. Now antismoking activists want that rule extended to all films aimed at young audiences by Fox, which Disney is buying.
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Twitter Is Performing Well Abroad. But Where?: DealBook Briefing19h Updated Twitter Is Performing Well Abroad. But Where?: DealBook Briefing
Twitter’s strong results were driven by an impressive performance overseas. But anyone wanting to assess where would have little company data with which to work.
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Financial Deregulation Throws Fuel on Already-Hot Economy19h Updated Financial Deregulation Throws Fuel on Already-Hot Economy
Moves to ease post-crisis rules are spurring lending and risk-taking at a time when the industry is lowering its own standards amid a near-record economic expansion.
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Whitbread to spin off Costa chain as a separate firm19h Updated Whitbread to spin off Costa chain as a separate firm
Whitbread is to split off the UK's biggest coffee chain after pressure from activist investors.
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Persimmon hit by investor revolt over executive pay19h Updated Persimmon hit by investor revolt over executive pay
The housebuilder faced a backlash by shareholders over a plan to pay its chief executive £75m.
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19h Financial, Tech Stocks Lead Wall Street Lower as Yields Rise
Financial and technology stocks led Wall Street lower on Wednesday as concerns about rising U.S. bond yields eclipsed gains from Boeing and Comcast following strong results.
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TSB chief forced to backtrack as online chaos continues19h Updated TSB chief forced to backtrack as online chaos continues
Internet banking operating at 50% of capacity despite earlier assurances from Paul Pester
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Twitter Performing Well Abroad. But Where?: DealBook Briefing19h Updated Twitter Performing Well Abroad. But Where?: DealBook Briefing
Twitter’s strong results were driven by an impressive performance overseas. But anyone wanting to assess where would have little company data with which to work.
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Viacom Says Turnaround On Track19h Viacom Says Turnaround On Track
Viacom Inc. reported lessening declines in sales and rising profit in the most recent quarter, as the media company works to prove its turnaround plan remains on track.
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 7 things to help your child towards a stable financial future 20h 7 things to help your child towards a stable financial future
Parents will probably have the kit necessary to take care of a newborn. But what about the unromantic business of financial planning - especially if you don't have the funds of a Royal Prince.
 Like Reply
 New 50mph speed limits to be introduced in Wales 20h New 50mph speed limits to be introduced in Wales
The Welsh government claims the speed limits should reduce emissions by up to 18 per cent.
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Airbus and Dassault join forces to build next fighter aircraft20h Updated Airbus and Dassault join forces to build next fighter aircraft
The rival companies join forces to build a fighter aircraft to replace the Eurofighter and Rafale jets.
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Facebook Replaces Lobbying Executive Amid Regulatory Scrutiny20h Updated Facebook Replaces Lobbying Executive Amid Regulatory Scrutiny
Facebook shuffled its ranks in Washington as it confronts pressure from lawmakers over data privacy, election interference, misinformation and other issues.
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Twitter Remains Profitable as It Continues to Add Users20h Updated Twitter Remains Profitable as It Continues to Add Users
After 16 straight quarters of losses to start its life as a public company, the social-media company reported its second consecutive profitable quarter.
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20h Technology Stocks Hit as Wall Street Turns Lower
U.S. stock indexes swung between gains and losses on Wednesday, as Boeing's jump after upbeat results and outlook was negated by declines in technology stocks and rising U.S. bond yields.
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TSB crisis is a cautionary tale for British banks21h TSB crisis is a cautionary tale for British banks
A reputation can take a long time to build but can disappear in a flash.
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 Sussex family live off handouts after bank freezes their accounts 21h Updated Sussex family live off handouts after bank freezes their accounts
The Livermore family from Worthing, West Sussex, have had to go to food banks and live off handouts for a month after a blunder left them £500,000 overdrawn on all three of their accounts.
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Comcast launches rival £22bn Sky takeover bid21h Updated Comcast launches rival £22bn Sky takeover bid
US broadcasting and cable TV firm enters bidding war with Rupert Murdoch’s 21st Century Fox Comcast has gatecrashed Rupert Murdoch’s takeover of Sky with a
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TSB admits its internet banking woes are not over21h TSB admits its internet banking woes are not over
Crisis-hit TSB said its internet bank is working at 50% capacity, leaving half of customers locked out.
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Comcast Seizes the Lead From Murdoch in the Race for Sky: DealBook Briefing21h Updated Comcast Seizes the Lead From Murdoch in the Race for Sky: DealBook Briefing
The British broadcaster withdrew its recommendation of 21st Century Fox’s bid after Comcast made a formal $30.7 billion offer. How will Fox and Disney respond?
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Boeing Lifts Full-Year Guidance21h Updated Boeing Lifts Full-Year Guidance
Boeing boosted key financial guidance for 2018, in a sign the aerospace company isn’t being affected by supply-chain issues and broader concerns over the impact of shifting global trade policies.
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GE Investors Gather After a Difficult Year21h Updated GE Investors Gather After a Difficult Year
General Electric CEO John Flannery told shareholders he was “keenly aware” of the pain caused by a dividend cut and the troubles of the past year, and said the best way to make amends was to “fix the business.”
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Why Won’t We Learn from the Survivors of the Rana Plaza Disaster?21h Updated Why Won’t We Learn from the Survivors of the Rana Plaza Disaster?
After more than 1,100 people were killed in the horrific building collapse, hundreds of factories in Bangladesh were shuttered. Five years later, the garment industry looks set to return to business as usual.
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 The money checklist for new parents: 7 things to help your child towards a stable financial future 21h Updated The money checklist for new parents: 7 things to help your child towards a stable financial future
Parents will probably have the kit necessary to take care of a newborn. But what about the unromantic business of financial planning - especially if you don't have the funds of a Royal Prince.
 Like Reply
Persimmon chairman apologises for executive pay row22h Persimmon chairman apologises for executive pay row
Shareholders are set to vote over the chief executive of housebuilder Persimmon receiving a £75m payout.
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Takeda Nears Shire Deal as Japanese Companies Chase Growth Overseas22h Updated Takeda Nears Shire Deal as Japanese Companies Chase Growth Overseas
Takeda is near a deal worth more than $60 billion to buy European drugmaker Shire, having raised its bid four times in a sign of how ardently Japan’s legacy companies are pursuing growth abroad as sales at home slow.
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As ECB Contemplates Rate Move, Storm Clouds Gather23h Updated As ECB Contemplates Rate Move, Storm Clouds Gather
Trade disputes and a stronger currency are threatening a hard-fought economic recovery in the 19-nation eurozone, potentially delaying a move by the ECB to follow the Federal Reserve in increasing short-term interest rates.
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Gender Pay Gap? Maybe Not in the Corner Office, a Study Shows23h Updated Gender Pay Gap? Maybe Not in the Corner Office, a Study Shows
Women still earn far less for every dollar that men earn, but two professors say their research shows no significant difference at the chief executive level.
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Twitter posts profit and adds 6 million users23h Twitter posts profit and adds 6 million users
Twitter posted its second consecutive quarterly profit as it added more users and reaped the benefit of streaming video. 
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 Hamleys owners swoop in to snap up House of Fraser 23h Updated Hamleys owners swoop in to snap up House of Fraser
Investor C Banner International owns the legendary toy store, and has started discussions which would see it buy a 51 per cent stake in the department store group.
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Royal Mail’s Shakespeare mix up turns a tragedy into a farce23h Royal Mail’s Shakespeare mix up turns a tragedy into a farce
It’s a nice idea: promote the art of letter-writing by alluding to the Bard’s Romeo and Juliet. There’s only one snag in the plot, as many have been quick to point out
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Viacom Says Turnaround On Track in Bid to Shore Up Business23h Viacom Says Turnaround On Track in Bid to Shore Up Business
Viacom reported easing sales declines and rising profit in the most recent quarter, as the media company works to prove its turnaround plan remains on track.
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What Tariffs Could Mean for Your New TV This Holiday Season23h Updated What Tariffs Could Mean for Your New TV This Holiday Season
The Trump administration’s proposed tariffs on Chinese imports include a 25% levy on TVs and related components—which two trade groups say could push up overall TV prices in the U.S. by 4%.
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 The battle for Sky heats up: Comcast tables £22billion cash bid 24h Updated The battle for Sky heats up: Comcast tables £22billion cash bid
Comcast said its cash offer is worth £12.50 a share - a 16% hike on the £10.75 a share offered by 21st Century Fox under its £11.7 billion deal to buy the remaining 61% of Sky it does not already own.
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China Is Opening Its Car Market. But Not Enough, Say Auto Companies.24h Updated China Is Opening Its Car Market. But Not Enough, Say Auto Companies.
Beijing’s plan will change little on the ground and offers a slim chance to become the starting point in talks to avert a trade war with Washington.
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Mapbox Hires Former Tesla Autopilot Designer to Rethink Driverless-Car Maps24h Mapbox Hires Former Tesla Autopilot Designer to Rethink Driverless-Car Maps
Brennan Boblett, who helped pioneer the look of touch screen interfaces in increasingly autonomous vehicles, is joining well-funded startup Mapbox to help create digital maps for passengers in driverless cars.
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Sky bidding war erupts with £22bn formal bid from Comcast24h Sky bidding war erupts with £22bn formal bid from Comcast
The offer by the owner of NBC and Universal Pictures is 16% higher than a bid by 21st Century Fox.
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Comcast Pursues Sky While Assessing Bigger Move for Fox Assets24h Updated Comcast Pursues Sky While Assessing Bigger Move for Fox Assets
Comcast has formally submitted a $31 billion bid to buy Sky, prompting the European pay-TV operator to drop its backing for a takeover by Fox and setting up a bidding war for the company.
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Lightning Hazards Prompt Boeing to Fix 787 Jets24h Lightning Hazards Prompt Boeing to Fix 787 Jets
Boeing is enhancing software on current and future jetliners to prevent electrical spikes generated by lightning storms from potentially disabling cockpit instruments, after investigating an unexpected failure in cockpit displays on a United Airlines 787 Dreamliner flight in 2014.
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Why Takeda may not get to swallow Shire24h Why Takeda may not get to swallow Shire
It's a massive company, by market capitalisation, currently the 17th largest in the FTSE-100.
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TSB customers share their experiences of IT crisis24h TSB customers share their experiences of IT crisis
From cancelled food deliveries to accounts showing in US dollars, Guardian readers have their say The
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 Residents at war in Eastleigh over proposed development 25h Updated Residents at war in Eastleigh over proposed development
The development in Eastleigh, Hampshire, would see a motorway link road straight through the middle of beautiful woodland and 5,200 new homes on the surrounding greenfield land.
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Boeing Boosts Full-Year Guidance25h Boeing Boosts Full-Year Guidance
Boeing boosted key financial guidance for 2018, in a sign the aerospace company isn’t being affected by supply-chain issues and broader concerns over the impact of shifting global trade policies.
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Trump Faces Pressure in Fight Over Ethanol Mandate25h Updated Trump Faces Pressure in Fight Over Ethanol Mandate
President Trump faces growing pressure to resolve a dispute between the oil industry and the Farm Belt over ethanol mandate.
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Website linked to cyber-attacks against UK banks is shut down25h Website linked to cyber-attacks against UK banks is shut down
Webstresser.org, which had 136,000 users, could be rented for £10 to launch DDoS attacks A website linked to more than 4m cyber-attacks worldwide, including against some of Britain’s biggest banks, has been shut down following a UK- and Netherlands-led operation. Webstresser.org had 136,000 registered users and could be rented for about £10 to launch distributed denial of service (DDoS) attacks, in which high volumes of internet traffic are launched at target computers to disable them.
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Twitter Stays on an Upswing, With Second Straight Quarter of Profit25h Twitter Stays on an Upswing, With Second Straight Quarter of Profit
The social media service may not be adding new users at much of a clip, but it’s advertising-driven business seems to have stabilized.
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Viagogo faces legal action by competition watchdog25h Viagogo faces legal action by competition watchdog
The reseller fails to give consumers better information about the tickets it sells on, the CMA says.
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 Lenders gear up to launch retirement interest-only mortgages 25h Updated Lenders gear up to launch retirement interest-only mortgages
Such mortgages would help those unable to clear interest-only debts, needing to take out mortgages to move in retirement, or even wanting to pass on an early inheritance.
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DealBook Briefing: Comcast Seizes the Lead From Murdoch in the Race for Sky25h DealBook Briefing: Comcast Seizes the Lead From Murdoch in the Race for Sky
The British broadcaster withdrew its recommendation of 21st Century Fox’s bid after Comcast made a formal $30.7 billion offer. How will Fox and Disney respond?
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Viagogo faces court for failing to protect UK consumers25h Viagogo faces court for failing to protect UK consumers
Regulator says secondary ticketing website has ignored its demands to make changes The secondary ticketing firm Viagogo looks set to be taken to court for breaching consumer protection laws after the UK competition regulator said the website had ignored its demands to make changes. The Competition and Markets Authority (CMA) said it was determined to ensure Viagogo
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Comcast Formally Submits Bid for U.K. Broadcaster Sky25h Updated Comcast Formally Submits Bid for U.K. Broadcaster Sky
Comcast posted strong earnings growth despite its fourth straight quarter of cable-TV subscriber losses, as the cable giant makes official its $31 billion bid to buy European pay-TV operator Sky.
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Sky receives £22bn formal takeover offer from Comcast25h Updated Sky receives £22bn formal takeover offer from Comcast
The US TV giant's £22bn bid for Sky tops a £19bn offer from Rupert Murdoch's 21st Century Fox.
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City grandee Rudd faces backlash at Meggitt26h City grandee Rudd faces backlash at Meggitt
Sir Nigel Rudd, one of Britain's leading industrialists, will this week suffer a major shareholder rebellion at the aerospace engineering group Meggitt amid a row over his portfolio of corporate chairmanships.
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 Metro Bank founder was hounded out of banking in America 26h Metro Bank founder was hounded out of banking in America
Billionaire Vernon Hill was thrown off the board of Commerce Bancorp, which he founded in the US in the 1990s, after he gave his wife Shirley $50m in payments to design branches.
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Help-to-buy agency writes down loan on flat over Grenfell-style cladding26h Help-to-buy agency writes down loan on flat over Grenfell-style cladding
Woman whose London flat has slumped in value is told she can pay back £10,000 of £95,000 loan The government has agreed to virtually wipe out a help-to-buy loan on an apartment in a London block with cladding similar to that used at Grenfell Tower, it has emerged.
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Viagogo faces legal action by consumer watchdog26h Viagogo faces legal action by consumer watchdog
The reseller fails to give consumers better information about the tickets it sells on, the CMA says.
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What About Bob? Behind the Leadership Drama Holding Up a Viacom-CBS Deal26h What About Bob? Behind the Leadership Drama Holding Up a Viacom-CBS Deal
The fate of a Viacom-CBS merger is turning on one key question: What about Bob? That is, will CBS Chief Executive Leslie Moonves accept Viacom CEO Bob Bakish as his No. 2 and likely successor in a combined company?
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TSB customers unable to access accounts despite assurances26h TSB customers unable to access accounts despite assurances
Some users report disappearing mortgages after CEO said services were up and running TSB customers are experiencing problems accessing their accounts for a sixth day, despite assurances from the bank’s chief executive that its internet and mobile services were up and running. As one of the biggest technology crises for years in Britain’s banking sector rumbled on, some distressed customers said that although they could access the TSB app, their mortgages seemed to have disappeared.
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Bidding war for Sky looms as Comcast offers £22bn27h Bidding war for Sky looms as Comcast offers £22bn
US cable operator Comcast has made a formal £22bn bid for Sky, the owner of Sky News, in a move likely to stoke a bidding war for the UK company.
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The New Gmail: More Smarts, More Security... More Clutter27h Updated The New Gmail: More Smarts, More Security... More Clutter
For its Gmail redesign, Google put tasks, calendars, notes and email on a single screen, so now you can live your whole work life in one app.
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Guardian on track to break even as company halves its losses27h Guardian on track to break even as company halves its losses
Publisher reports smaller than expected loss of £19m as benefits of tabloid switch filter through The publisher of the Guardian and Observer halved its losses in the last financial year, and the company is on track to break even this year. Guardian News & Media (GNM) reported a £19m loss in the year to the end of March,
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Facebook Earnings: What to Watch27h Updated Facebook Earnings: What to Watch
Facebook is scheduled to announce first-quarter earnings after the market closes Wednesday.
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GoCompare advert encouraged four-year-old to eat coins, says watchdog27h GoCompare advert encouraged four-year-old to eat coins, says watchdog
A GoCompare advert has been banned from daytime TV for encouraging kids to swallow money.
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 Metro Bank founder was kicked out of banking in America! 27h Updated Metro Bank founder was kicked out of banking in America!
Billionaire Vernon Hill was thrown off the board of Commerce Bancorp, which he founded in the US in the 1990s, after he gave his wife Shirley $50m in payments to design branches.
 Like Reply
eBay Earnings: What to Watch27h eBay Earnings: What to Watch
eBay, which is slated to report earnings later Wednesday, is expected to post higher revenue in its latest quarter and executives may touch on the U.S.-China trade spat.
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Qualcomm Earnings: What to Watch27h Updated Qualcomm Earnings: What to Watch
Qualcomm is scheduled to announce earnings for its fiscal second quarter after the market closes Wednesday. Here’s what you need to know.
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Costa Coffee to spin off from Whitbread27h Updated Costa Coffee to spin off from Whitbread
Cafe chain to be separated from Premier Inn hotel and restaurant business after investor pressure Whitbread is to spin off its Costa Coffee chain from the rest of the business, which includes Premier Inn hotels, after pressure from activist investors. The company said the demerger of Costa – the UK’s biggest coffee chain – would be completed within two years, allowing shareholders to invest in “two distinct, focused and market-leading businesses”.
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 DAN HYDE: TSB let everyone down 27h Updated DAN HYDE: TSB let everyone down
The bank's top boss had two key responsibilities ahead of its IT upgrade last weekend: To make sure customers could get on with their day-to-day lives and to keep them in the loop if it went south.
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 Whitbread goes ahead with break up of Costa Coffee and Premier Inn 28h Whitbread goes ahead with break up of Costa Coffee and Premier Inn
The group said the break up, which will see Costa listed separately on the stock market, will be completed in two years. Whitbread will remain the owner and operator of Premier Inn.
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 City watchdog plans crackdown on scammers 28h City watchdog plans crackdown on scammers
The Financial Conduct Authority is trying out technology that will allow it to identify misleading words in a firm’s advertising material.
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Boohoo online fashion chain sees sales and profits surge28h Boohoo online fashion chain sees sales and profits surge
Online fashion retailer sees a 97% leap in revenue to £579.8m, as pre-tax profit rose 40% to £43.3m.
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The Shift: Workers of Silicon Valley, It’s Time to Organize28h The Shift: Workers of Silicon Valley, It’s Time to Organize
Employees in the tech industry have an unusual power: They can make their companies act more responsibly. All they have to do is speak up.
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 Computers decide if PPI victims get a payout, documents show 28h Updated Computers decide if PPI victims get a payout, documents show
The Financial Ombudsman Service is relying on computer software to decide whether banks should pay redress to people who were flogged PPI alongside their credit cards or loans.
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Kobe Steel Faces Japan Government Inquiry Over Data Scandal28h Kobe Steel Faces Japan Government Inquiry Over Data Scandal
The company said it would cooperate with “relevant authorities” over practices that cast a shadow over the country’s vaunted manufacturing abilities.
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