Johnson & Johnson to recall US baby powder

Johnson & Johnson to recall US baby powder

Johnson & Johnson (J&J) said it would recall a single lot of its baby powder in the US after the regulator, the Food and Drug Administration, found trace amounts ...

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Domino’s plans to focus on UK and Ireland markets

Domino’s plans to focus on UK and Ireland markets

Britain’s biggest pizza delivery company, Domino’s, said it would quit its loss-making international operations, sending shares higher.

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Global fund managers ignore stock market rally to keep cash

Global fund managers ignore stock market rally to keep cash

Fund managers are ignoring this year’s rally in equity and credit markets and are hiding in cash amid concerns about the state of the global economy, the latest ...

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UK to stop car dealers tapping commission from loans

UK to stop car dealers tapping commission from loans

Britain’s markets watchdog has proposed banning car dealers and brokers from receiving commission linked to interest rates on loans, a step it said would save ...

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Cybersecurity firm Sophos bought out for €3.4bn

Cybersecurity firm Sophos bought out for €3.4bn

US private equity firm Thoma Bravo is adding Sophos Group to its cybersecurity stable, announcing a buyout deal that values the British maker of antivirus and encryption ...

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Turkish currency eases, stocks fall,but sanctions threat is called a joke

Turkish currency eases, stocks fall,but sanctions threat is called a joke

The Turkish lira fell back in the face of US and European threats of sanctions and embargoes, though sceptical traders said it would weaken much further if Western ...

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Harley electric bike fails to secure many pre-orders

Harley electric bike fails to secure many pre-orders

Harley Davidson is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders to reverse declining US sales. ...

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IKEA to face EU order it pay unpaid taxes

IKEA to face EU order it pay unpaid taxes

Ikea brand owner Inter Ikea could be ordered to pay millions in Dutch back taxes by the end of the year, two sources said, as EU competition enforcers push on with ...

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Primark eyes Central American suppliers for US growth

Primark eyes Central American suppliers for US growth

Confident it can crack the $300bn (€272bn) US clothing and shoes market where many other foreign retailers have failed, Dublin-based Primark — which trades ...

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Thomas Cook teetering on the brink

Thomas Cook teetering on the brink

The British Government has plans in place to bring home stranded UK holidaymakers if Thomas Cook goes out of business, an event that would likely spark chaotic scenes ...

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B&Q owner’s profits tumble

B&Q owner’s profits tumble

B&Q owner Kingfisher has reported a 6.4% fall in underlying first half profit, mainly hurt by the weak performance of its French operation, underlining the task ...

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Airbus sees world’s plane fleet doubling in 20 years

Airbus sees world’s plane fleet doubling in 20 years

Aeroplane making giant Airbus has raised its 20-year forecast for jetliner demand despite expected slower growth in traffic, as it predicts airlines will replace ...

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Outlook for US factories remains weak amid slowing global economies

Outlook for US factories remains weak amid slowing global economies

US manufacturing output increased solidly in August, boosted by a surge in the production of machinery and other goods, but the outlook for factories remains weak ...

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Oil drops 5% on upbeat Saudi production outlook

Oil drops 5% on upbeat Saudi production outlook

Oil prices dropped nearly 5% after a top Saudi Arabian source said that production could be fully back on line within weeks, quicker than initially thought following ...

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Investors not sold on H&M revenue growth figures

Investors not sold on H&M revenue growth figures

Sweden’s H&M, the second-biggest fashion retailer in the world, has reported its steepest sales growth in three years in local-currency terms in its third ...

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Germany claims it's not set for recession

Germany claims it's not set for recession

Europe's largest economy is not facing a bigger downturn or a pronounced recession after contracting slightly in the second quarter but there are no signs of a turnaround ...

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Draghi cuts ECB rates and pledges indefinite stimulus

Draghi cuts ECB rates and pledges indefinite stimulus

European Central Bank chief Mario Draghi has pledged indefinite stimulus to revive an ailing eurozone economy, tying the hands of his successor, Christine Lagarde, ...

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Cairn share price falls 5%

Cairn share price falls 5%

Ireland’s largest publicly listed housebuilder Cairn Homes has announced plans to buy back shares and issue a dividend for the first time, saying Brexit was ...

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Ryanair receives timely boost by agreeing German pilot pay deal

Ryanair receives timely boost by agreeing German pilot pay deal

Pilots in Germany have reached a wage agreement with Ryanair for the first time, the airline and its pilots’ union have said.

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Opec cuts oil demand outlook amid slowing global economy

Opec cuts oil demand outlook amid slowing global economy

Opec has cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing ...

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Zara owner shares drop

Zara owner shares drop

The world’s biggest fashion retailer, Inditex has reported weaker-than-expected growth in profit margins in the first half of the year, knocking its shares ...

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Banks raise concerns ahead of ECB meeting

Banks raise concerns ahead of ECB meeting

European banks have stepped up their protest against rock-bottom interest rates ahead of this week’s ECB meeting, which is expected to underpin a policy that ...

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Doctors' group calls for people to stop vaping as deaths and illnesses rise

Doctors' group calls for people to stop vaping as deaths and illnesses rise

The American Medical Association has urged Americans to stop using electronic cigarettes of any sort until scientists have a better handle on the cause of 450 lung ...

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Topshop owner Green in €188m loss

Topshop owner Green in €188m loss

British retailer Philip Green’s Topshop-to-Dorothy Perkins fashion empire has reported an after-tax loss of £169m (€188m) for the year to the beginning ...

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British bank led by ex-AIB boss in PPI spiral

British bank led by ex-AIB boss in PPI spiral

Shares in Clydesdale Bank, the British lender led by former AIB chief executive David Duffy, tumbled more than 20% after it made a fresh £300m-£450m ...

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‘Hong Kong is not dead. Maybe she is very sick’

‘Hong Kong is not dead. Maybe she is very sick’

Carrie Lam announced the Hong Kong government will withdraw an extradition bill that has sparked months of demonstrations, but the violent battle is far from over, ...

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Drugs giant Novartis pumps up its bet on ‘biosimilars’

Drugs giant Novartis pumps up its bet on ‘biosimilars’

Swiss pharmaceutical firms Novartis and Lonza separately deepened their push into so-called biosimilars, betting cheaper copies of name-brand drugs will make headway ...

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Thomas Cook rescued by Club Med owner

Thomas Cook rescued by Club Med owner

Travel operator Thomas Cook said it had agreed the main terms of a rescue package that will see Hong Kong’s Fosun Tourism take over its tour operations and ...

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Oil and stocks fall as trade row heats up

Oil and stocks fall as trade row heats up

Global markets and oil prices fell after US President Donald Trump ordered American companies to exit China after Beijing unveiled retaliatory tariffs on $75bn (€67bn) ...

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Investors sniff counter offer for Peppa Pig producer

Investors sniff counter offer for Peppa Pig producer

Peppa Pig-owner Entertainment One’s shares rose more than 30%, to a record high, yesterday, surpassing the price agreed by the company’s board with US ...

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