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Thursday, July 11, 2019
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Thomas Cook close to unveiling Fosun rescue deal 11 Jul 5:21pm Thomas Cook close to unveiling Fosun rescue deal
Thomas Cook Group is in advanced talks about a rescue deal that will see the company effectively broken up and its tour operating arm taken over by the Chinese owner of Club Med.
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Twitter investigating global outage 11 Jul 3:17pm Twitter investigating global outage
Social media giant Twitter is investigating an outage to its site, after widespread reports that the platform is down.
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Industry veteran Lovell to chair Interserve 11 Jul 1:36pm Industry veteran Lovell to chair Interserve
An industrial turnaround veteran who was parachuted into Carillion just weeks before its collapse is to take on another big outsourcing job as the next chairman of Interserve Group.
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M&S sacks fashion boss with CEO to lead turnaround 11 Jul 9:11am M&S sacks fashion boss with CEO to lead turnaround
M&S says its clothing boss Jill McDonald is leaving the business, declaring the transformation of its fashion fortunes must "move on at pace".
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US hedge fund plots Four Seasons care homes bid 11 Jul 7:00am US hedge fund plots Four Seasons care homes bid
An American hedge fund giant has waded into the auction of Britain's second-biggest care-home operator, setting up a potential tussle for control with another of the company's major creditors.
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BoE: UK banks can withstand Brexit and trade war double-whammy 11 Jul 5:46am BoE: UK banks can withstand Brexit and trade war double-whammy
Britain's financial system is strong enough to cope with the shock of a trade war-driven global slowdown even if it coincides with a "disorderly" Brexit, the Bank of England has said.
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Reckitt in $1.4bn settlement over US opioid treatment probe 11 Jul 3:03am Reckitt in $1.4bn settlement over US opioid treatment probe
Consumer goods giant Reckitt Benckiser said it has agreed to pay up to $1.4bn to settle US investigations into the sale and marketing of an opioid addiction treatment by its former pharmaceuticals business Indivior.
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Market conditions blamed as £3.3bn London IPO suspended 11 Jul 2:21am Market conditions blamed as £3.3bn London IPO suspended
Reinsurance giant Swiss Re has suspended plans for a £3.3bn London stock market flotation of its subsidiary ReAssure, blaming "heightened caution" among investors.
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Fracking to restart at site near Blackpool 11 Jul 2:09am Fracking to restart at site near Blackpool
The controversial process of fracking for shale gas will resume at a site near Blackpool in Lancashire, Cuadrilla has confirmed.
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Trump orders investigation into French digital tax 11 Jul 12:02am Trump orders investigation into French digital tax
President Donald Trump has ordered an investigation into France's proposed tax on technology companies. 
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