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Axa criticises regulatory confusion over dividend policy

Chief executive Thomas Buberl says different guidance between countries ‘difficult to accept’




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Aviva, RSA, Direct Line and Hiscox pull dividends 

UK insurers bow to regulatory pressure but L&G has said it would push ahead with payout




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Hiscox/Covid-19 cover: red flag

If the courts rule against the UK-listed insurer, there will be a fresh flood of claims




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Netflix is chilling in Iceland but the rest of the world is a problem

As global lockdowns boost streaming subscriptions, filming freezes spell trouble ahead




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Relax tax rules on pensions access, argues Sir Steve Webb 

Former pensions minister says the crisis means greater flexibility is needed 




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UK pension trustees urged to watch for dividends and ‘excessive’ bonuses

Industry regulator calls for vigilance over actions of employers during pandemic




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Jake LaMotta, US boxer, 1922-2017

World champion whose life and career inspired the Oscar-winning ‘Raging Bull’




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Imperial foxtrot: my brush with Japanese royalty

Jurek Martin recalls unlikely encounters with an ancient dynasty, from dance floor to tennis court




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Recession pushes Hong Kong shoppers to sell their luxury goods

Consumers seeking quick cash unload designer bags, jewellery and luxury watches




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Toilet roll mania boosts sales of Andrex maker Kimberly-Clark   

Retailers are still replenishing stocks after panic buying ahead of coronavirus lockdowns




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The pandemic is yet to dampen demand for luxury goods resales

If anything, it’s only made the most coveted more sought after, as online sellers adapt to cater for their clientele.




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Trade volumes spike at exchanges across Europe

Coronavirus-linked turmoil draws many investors out into the open




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French markets regulator backs extension of short-selling ban

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings




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Crest Nicholson profits tumble after sales hit by Brexit paralysis

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy




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Predatory investors exploit leaseholders’ cladding dilemma

Properties changing hands for tens of thousands less than market value




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Women in construction need on-site experience to build their careers

Targets to include more women mean little without cultural change in the industry




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UK housebuilders close sites despite lockdown exemption

Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus




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Annexation: the return of a dangerous idea

It is not illegitimate to change borders, but it must be done through negotiation




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Brexit solved with the sword of Damocles

The UK is being belligerent, the EU inflexible. But a deal can be done this year




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How strongman leaders will exploit coronavirus crisis

It is easy to take advantage of frightened people who have accepted infringements on freedom




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Oil price crash threatens Texas university endowments

Turmoil in commodity market slashes state colleges’ revenues




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Texas regulator drops effort to force oil production cuts

Railroad commissioner had called for using decades-old state rules to reduce output




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Mexico’s Pemex: from cash cow to resource drain

President’s pet project holds line on output growth despite oil crisis and mammoth losses




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Deal of the week: Scottish Power Online Fixed Saver

Scottish Power has launched a new energy plan that allows customers to fix their bills




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Deal of the week: Chelsea’s five-year fix at 3.39%

Lowest five-year fix in UK history




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Deal of the week: Halifax’s Head Start Home Saver

First-time buyers receive £600 cashback if they save for 10 out of 12 months before taking out a Halifax mortgage




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Yorkshire Building Society’s tracker-to-fixed mortgages

Fixed rate that applies in years three to five has been cut




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Chelsea’s five-year fixed-rate mortgage

3.19 per cent deal comes with a fee of £1,495




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Lockdown is exposing the folly of reckless financial strategies

Pension funds need to spend less time on ESG and get back to basics




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Looking beyond the Brexit gloom

Mike Mackenzie’s daily analysis of what’s moving global markets




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Hedge funds calculate cliff-edge Brexit fears overdone

Lansdowne, Odey and Wadhwani among those betting on a revival of UK equities




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London market passes first post-Brexit test with £1.3bn listing

Smart meter group’s IPO boosts hopes of fundraising uptick after lacklustre 2019




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Mexico’s Grupo Lala chief to join JAB beverages arm

Mauricio Leyva to advise German family company on expanding beverages arm




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Mexico’s Pemex in deep water as debt outlook worsens

State-owned oil group faces risk of further rating downgrades and grapples with output woes




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US extends Venezuelan oil refiner Citgo’s lifeline

Treasury also licenses Chevron to operate in crisis-hit nation for a further 3 months




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Vale ex-CEO charged with homicide over dam disaster

Brazilian prosecutors also accuse miner and safety group of environmental crimes




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Tax boost for maturing child trust funds

New rules allow savings to go straight into an Isa without affecting the annual allowance




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Have Isas become too complex?

Advisers warn the widening landscape is confusing investors and preventing people from saving




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Savers warned not to forget the end of tax year

Take advantage of tax allowances available despite the turmoil




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Coronavirus: Trump makes new push to expand US testing — as it happened

New daily cases of Covid-19 around the globe rose by the lowest amount in 12 days as 73,858 diagnoses were confirmed on Sunday, bringing the total to 2.93m

Read more




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Lex In Depth: Bayer’s €50bn blunder

With the disastrous purchase of Monsanto and plummeting shares, some question if it is time to break up the German group




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Ineos: why Jim Ratcliffe is mixing petrochemicals and sports

Amid charges of greenwashing from activists, the private company is investing in football, cycling and other ventures




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Oxygen suppliers push for looser regulations

Demand surges as hospitals require more medical oxygen for coronavirus patients on ventilators




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A Covid-19 supply chain surprise? Exxon and Barclays face proxy battles; challenging data on ESG fund growth




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Exclusive: Shake Shack CEO talks bailout failings; climate chaos ahead for mortgage market; EU green plans charge forward




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Poynter Institute launches WhatsApp chatbot to debunk coronavirus-related hoaxes

You can now debunk thousands of coronavirus-related hoaxes with a few texts on WhatsApp . Poynter Institute, a non-profit organization that supports journalism, today launched a bot on the Facebook -owned service that will allow people across the globe to debunk over 4,000 hoaxes surrounding the pandemic such as whether the infectious disease originated in […]




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This early Facebook investor wants to find smart students a job at the next Facebook

For many college seniors, school is a time for self-exploration, considering options, leisurely contemplating the future. Yet that’s rarely the case for computer engineering students who either attend the world’s best universities or rise to the very top of their classes. Almost immediately after choosing their courses during the first week of school, they typically […]




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How to secure the EU’s post-Brexit future

Recognition of a two-speed Europe would help fix divides




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How the next euro crisis could unfold

What if Italy cannot service its debt and a future government is tempted to default?