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London terror attack: man shot dead by police after stabbing — as it happened

Live coverage from the FT.

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Coronavirus: New York death toll exceeds 20,000 — as it happened




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Franco-Dutch alliance could be harbinger of things to come in EU trade deals

The two members have proposed tougher enforcement of environmental and labour standards




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KKR agrees buyout deal with German media giant

German media group Axel Springer is seeking to go private with the help of US investor KKR. Katie Martin discusses what both sides stand to gain from the move with Arash Massoudi and Tobias Buck.


Contributors: Suzanne Blumsom, executive editor, Katie Martin, capital markets editor, Arash Massoudi, corporate finance and deals editor, and Tobias Buck, Berlin correspondent.

 

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Can the Iran nuclear deal be saved?

Concerns about maritime security in the Gulf are rising as relations between Iran and the west deteriorate over the slow breakdown of the nuclear deal struck by Tehran and world powers in 2015. Iran’s economy has been badly hit by the re-imposition of US sanctions, and in response, Iran says it is no longer sticking to agreed limits on its enriched uranium stockpile. Tom O’Sullivan discusses whether the deal can be saved with Michael Peel in Brussels, Najmeh Bozorgmehr in Tehran and Middle East editor Andrew England.


Contributors: Suzanne Blumsom, executive editor, Tom O’Sullivan, deputy analysis editor, Michael Peel, European diplomatic correspondent, Najmeh Bozorgmehr, Tehran correspondent, and Andrew England, Middle East editor. Producer: Fiona Symon

 

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Boris Johnson's 100-day Brexit deadline

Britain's new prime minister Boris Johnson has set himself a 100-day deadline to achieve Brexit, with or without a deal with the European Union. Siona Jenkins discusses his chances of achieving this with Miranda Green, deputy opinion editor, and Jim Brunsden, EU correspondent.


Contributors: Siona Jenkins, editor, UK news, Miranda Green, deputy opinion editor, and Jim Brunsden, EU correspondent. Producer: Fiona Symon

 

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Saudi Aramco's oil deal with India's Reliance Industries

Saudi Arabia's state oil company Aramco is making a high stakes investment in India as the world’s largest crude oil exporter seeks to deepen its ties with the fastest growing energy consumer. Tom O’Sullivan discusses the proposed investment, announced by Reliance Industries chairman Mukesh Ambani, with Benjamin Parkin and Anjli Raval.


Contributors: Tom O’Sullivan, deputy analysis editor, Benjamin Parkin, Mumbai correspondent, and Anjli Raval, senior energy correspondent. Producer: Fiona Symon

 

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AstraZeneca and Oxford university agree deal to develop virus vaccine

Partnership that would prioritise UK could produce 100m doses by year-end if treatment is effective




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Coronavirus: US death toll approaches 62,000 — as it happened




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US regulator clears AbbVie’s $63bn deal for Allergan

Federal Trade Commission votes 3-2 to approve tie-up between makers of Botox and Humira




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KKR to buy recycling group Viridor in £4.2bn deal

One of the first large acquisitions to be agreed since coronavirus pandemic rocked global markets




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Telefónica/Liberty: rainy day dealmaking

Potential cost cuts should not be used as justification for a UK telecoms tie-up




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Banks fear Ion/Broadway deal will push up forex fees

Acquisition allows group to build bigger share of the $6.6tn-a-day market




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LSE’s $27bn deal for Refinitiv faces heat in Brussels

London bourse’s transformative acquisition is facing more scrutiny than expected




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A £31bn merger and a master dealmaker in action

John Malone shows his adroitness in deal between Liberty Global and Telefónica




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Wearables speak up for the deaf and the lonely

Smart jewellery can help people with disabilities but funding is needed




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Coronavirus fallout deals small US companies a double blow

Small-cap stocks underperformed large-caps throughout the bear market and rally




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Endeavour bids £1.5bn for Centamin in gold dealmaking wave

Canadian group makes all-stock proposal public after talks fail to get off ground




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Portuguese banker named in dos Santos probe found dead

Suspected suicide comes as Angolan billionaire indicted for money laundering




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Sibanye-Stillwater chief hails Lonmin deal

Neal Froneman highlights ‘lowest payback period’ after £285m purchase




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Equalise front-line doctors’ death benefits, says BMA

Some families of medics who die in service will receive higher payouts than others under current rules




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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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Loeb looks to back out of $2.6bn Global Blue deal

Hedge fund billionaire cites Silver Lake-backed company’s reliance on international travel




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Coronavirus pandemic deals heavy blow to UK construction activity

Work in the sector slows at fastest rate since financial crisis




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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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Liberty Global and Telefónica agree £31bn deal to merge UK groups

Combination of O2 and Virgin Media set to transform British telecoms market




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Liberty Global and Telefónica dial up changes in ‘deal of decade’

O2 and Virgin Media’s £31bn merger is one of the biggest examples of virtual dealmaking during pandemic




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Wall Street banks face $100m of losses on Las Vegas deal

Citigroup was biggest lender but Deutsche, Barclays and SocGen are also on the hook




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New Sipp dealing account has no annual management fee

New Sipp dealing account has no annual management fee




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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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Deal of the week: Premium share dealing from The Share Centre




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Deal of the week: The Eon Energy Fit Plan

Read the small print on ‘free’ offer




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Deal of the week: Post Office Inflation Linked Bond

Timely relaunch allows savers to keep pace with the rising cost of living




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Coronavirus: US death toll nears 40,000 — as it happened

Italy to lay out strategy this week on its plans to ease Covid-19 restrictions. Global stocks under pressure as oil tumbles again. England and Wales record 75 per cent more weekly overall deaths than normal.

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Coronavirus: US death toll tops 42,000 — as it happened

Number of global cases of Covid-19 nears 2.5m, international oil prices tumble to lowest levels since the 1990s, Heineken hit as pandemic cuts into beer drinking globally.

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Coronavirus: US death toll approaches 50,000 — as it happened

British fatalities rise by 813 with almost 150,000 infected; Spain prepares to ease restrictions slightly as daily deaths remain below 400

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Coronavirus: Record daily increase takes US death toll above 55,000 — as it happened

The worldwide Covid-19 death toll rose by 6,365 on Tuesday, pushing the total through 200,000

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Coronavirus: US death toll rises by more than 2,000 for third straight day — as it happened

Eurozone GDP in historic fall, millions more Americans file for unemployment, Shell cuts dividend for first time since second world war and UK's AstraZeneca combines with Oxford on a potential vaccine

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Coronavirus: US death toll tops 60,000 — as it happened

Spain allows outside exercise for the first time in weeks while Russia’s daily case count rises by a fifth

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Coronavirus: US death toll approaches 62,000 — as it happened

The FT's live blog on the Covid-19 pandemic

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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: US death toll tops 70,000 as New York fatalities top 20,000 — as it happened

BT halts dividend for first time since dot com bubble two decades ago, BA parent IAG warns of further cuts as recovery set to take three years and shoemaker Puma warns worse to come as profits halve in first quarter

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The worst deal of this M&A cycle?

Welcome to Due Diligence, the FT’s daily deals briefing




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IFF-DuPont deal creates $45bn flavourings giant

New York company wins bidding against Kerry for nutrition and biosciences unit




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IFF-DuPont $26bn deal bets on meatless future

US flavouring group seeks first-mover advantage with purchase of nutrition venture




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A narrow EU trade deal is the most likely way forward

The UK should not agree to proposals to stagger the talks, with fish as part of the first course




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Confirmed: Intel is buying urban mobility platform Moovit in a $900M deal

On the heels of a spate of reports over the weekend, today Intel confirmed its latest move to grow its automotive division. The chip giant is acquiring Moovit, an Israeli startup previously backed by Intel that analyses urban traffic patterns and provides transportation recommendations with a specific focus on public transit. The deal values Moovit at […]




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Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global economic depression looming over us, […]