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Inside LBC: the radio station capturing the political zeitgeist

In a polarised time, the broadcaster has won listeners by embracing confrontation




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Inside Bill Ackman’s $2.6bn big short

Hedge fund chief bets on stockmarket recovery after profiting from coronavirus sell-off




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Stock market slide pushes Berkshire Hathaway to $50bn loss

Sell-off dents investment holdings despite uptick in operating profit




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Lufthansa considers filing for creditor protection as aid talks stall

German airline looks at procedure similar to Chapter 11 bankruptcy amid dispute over bailout conditions




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Shell cuts dividend for first time since second world war

Oil price collapse triggered by coronavirus pandemic almost halves Anglo-Dutch group’s earnings




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Shell dividend cut puts Big Oil investment case in focus

Supermajors’ status as reliable income stocks questioned as earnings plunge




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Hong Kong’s hidebound brokers face coronavirus reckoning

Viral outbreak has sped shift to online platforms, squeezing many traditional outfits




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Nationwide pulls tracker mortgages after historic base rate cut 

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 




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Coronavirus: Pence aide tests positive for Covid-19 — as it happened




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Initial finding backs US health official over virus sidelining

Rick Bright’s lawyers say federal investigators recommend he be reinstated during probe




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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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Tesco/UK dividends: welcome to the witch trials

Cancelling payouts should not become a loyalty test




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Insurer Geico offers $2.5bn of discounts as car accidents dwindle

Industry expects a sharp decline in claims as drivers stay at home during coronavirus pandemic




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More than £52bn in dividend payments at risk in UK

Almost half of British companies have scrapped payouts in response to coronavirus




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Admiral pulls special dividend but maintains final payout 

Insurers have been urged by regulators to reconsider shareholder payments during lockdown




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Income investors face ‘dividend drought’

£3.5bn worth of dividend payments cancelled this week 




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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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UK/dividends: Shell-shocked

Companies have option to unshackle themselves from expensive payouts




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George HW Bush, 41st US president, dies aged 94

Deft foreign policy and Gulf war victory defined his one term in office




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Trump claims disinfectant ‘injection’ idea was sarcasm

Medical community warns of dangers from use of cleaning agent as internal treatment




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China, not America, will decide fate of the planet

But its coal addiction and authoritarian system mean it will struggle to take a global lead




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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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A Biden presidency could not turn back the clock on Trump

It is an illusion to see victory for the former US vice-president as a geopolitical calendar reset




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Nationalism is a side effect of coronavirus

The pushback against globalisation will come from protectionists, national-security hawks and greens




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A misguided court judgment in Germany

The ECB’s asset purchases are vital to the stability of the eurozone




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Videoconferencing hit delivers biggest ever Nordic software IPO

Pexip deal marks bright spot in otherwise bleak European IPO market




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Total keeps dividend and sets climate goal despite profit plunge

French energy group makes emissions pledge as first-quarter profits drop 35%




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Plumbing group Ferguson considers stateside listing

Loss would be a blow to London market and unpalatable to some UK-based fund managers




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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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Icahn urges ousting of Occidental chief

Activist investor has almost quadrupled his stake in battered US oil producer




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Nationwide launches cash Isa prize draw

As interest rates fall, more savings banks rely on the lure of cash prizes




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Maturing Child Trust Funds to provide £700m bonanza   

Over 400,000 teenagers will be eligible to claim funds from later this year




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Coronavirus: US deaths spike as fatalities spread outside NY — as it happened

Russia's coronavirus outbreak worsens and Federal Reserve research finds a correlation between deaths from the influenza pandemic in 1918-1920 and extremist voting in Germany in 1932 and 1933

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Coronavirus: Pence aide tests positive for Covid-19 — as it happened

Germany's dominant export sector in record decline, South Korea may be forced to close bars and nightclubs after partygoer is found to have infected at least 14 people

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Bayer faces 5,000 new lawsuits over pesticide cancer claims

Pharma and chemicals group says it will ‘defend itself vigorously’ amid mounting cases




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Bayer risks mount as US pesticide lawsuits double

German chemicals group faces surge in plaintiffs alleging cancer link to Roundup




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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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Musk steps in to provide insurance for Tesla board

Chief executive criticised over move to offer liability cover following premium increase




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Dtex, a specialist in insider threat cybersecurity, raises $17.5M

A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors — and for good reason, since the majority of incidents these days come from phishing and other malicious techniques that originate outside the enterprise itself. But there has also been a […]




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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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Tinder to add video dating next quarter, after slowing user growth due to coronavirus

Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn’t […]




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The end of lockdown will risk a new health divide

Those with the fewest rights are least able to demand a safe workplace




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India says video conference app Zoom is ‘not safe’

India said today Zoom is ‘not a safe platform’ and advised government employees to not use it for official work as the video conference service surges in popularity in many nations including the world’s second largest internet market as billions of people remain stuck at home due to the coronavirus crisis. “Zoom is a not a […]




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Stay-at-home order for 7 million Bay Area residents extended to end of May

A stay-at-home order for several San Francisco Bay Area counties will be extended through the end of May due to the COVID-19 pandemic, a decision that affects 7 million residents and thousands of businesses. The Public Health Officers of the Counties of Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara as well […]




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Roadside recovery and an aggravating communications breakdown

In an overleveraged world headed for economic slowdown, don’t rely on the heavily indebted for rescue




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UK Budget sides with small businesses, with a caveat

The chancellor need beware that policies introduced in a crisis are hard to end later




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Dividends: from hero to zero

Cuts are painful for investors, but don’t write off investment trusts just yet 




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Silicon Valley could be Biden’s funding lifeline post South Carolina

Presidential candidate Joe Biden is likely to throw a fundraising lifeline to Silicon Valley after his commanding South Carolina victory and heading into the next wave of primaries. A pro-Biden Super PAC, Unite the Country — whose past backers include senior tech figures — is picking up efforts to tap wealthy donors, Treasurer Larry Rasky […]




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Virtual dates and video speed dating: Dating.com Group launches a $50 million corporate venture fund 

The dating startup world is notorious for few exits, and a similarly slim number of buyers. There’s Match Group, which owns Tinder, Hinge and OkCupid, and there’s Spark Networks, which owns Christian Mingle, JSwipe, Jdate and Zoosk. Dating.com Group also owns a slew of dating brands, like Dil Mil, a dating app for South Asians. […]