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Former PLA officer says China is restraining Russia over use of nuclear weapons
You can enable subtitles (captions) in the video player China finds itself in an uncomfortable position over the war in Ukraine. Beijing’s no-limits friendship with Russia puts it on the…
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Sportswear group Frasers defies retail downturn as it posts rise in profits
Frasers Group, the owner of Sports Direct and other high-street brands, defied the retail downturn and posted a rise in sales and profits in the first half of the year.…
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Temasek-backed crypto shop Amber halts expansion plans in rocky market
Amber Group has raised just half of a planned $100mn funding round and halted expansion plans as the Temasek-backed crypto group fights concerns that it will be pulled into the…
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Wirecard bosses accused of ‘criminal racket’ as trial begins
Wirecard’s former chief executive Markus Braun sat through four hours of criminal charges in an underground courtroom on Thursday at the opening of a trial into the collapse of the…
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City minister sets out post-Brexit reform of financial services
Andrew Griffith, the City minister, has pledged that the “Edinburgh” package of post-Brexit reforms for the financial services industry will make the sector “as internationally competitive as possible”. On Friday,…
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Iran executes 23-year-old protester | Financial Times
Iran has executed a 23-year-old man who was convicted of stabbing a security official and frightening people by blocking a street during the recent nationwide protests. The Islamic republic has…
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UKSIF appoints Man Group ESG research head as chair
Jason Mitchell, head of responsible investment research at Man Group, has been appointed chair of the UK Sustainable Investment and Finance Association (UKSIF). Having previously worked on the board, he…
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City set for boost as Hunt loosens financial services rule book
Jeremy Hunt will redraw the financial services rule book on Friday, including casting aside some safeguards designed to avoid a repeat of the 2008 crash, in an attempt to boost…
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Hipgnosis sticks to song catalogue valuation as shares slide
Hipgnosis, the London-listed investment trust that owns rights to songs by Nirvana, Rihanna and Britney Spears, has maintained the value of its music catalogues at $2.2bn, even as its shares…
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FirstFT: A ‘new era’ for China-Gulf relations
Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every…
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