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Digital platforms reshape casual labour

Dmitry Melnichenko’s wife had doubts about his plan to quit his stable, nine-to-five job to work from home as a freelance web developer; there was the uncertain income stream, the lack of interaction with colleagues…


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Digital platforms reshape casual labour

Dmitry Melnichenko’s wife had doubts about his plan to quit his stable, nine-to-five job to work from home as a freelance web developer; there was the uncertain income stream, the lack of interaction with colleagues…


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‘Walking on Sunshine’ joins sales elite

©Reuters Feeling good: Katrina and the Waves “White Christmas”, “Happy Birthday” — even “Yesterday” by The Beatles: the world’s most commercially successful songs can generate millions of dollars a year in licensing fees. “Walking on…


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All eyes on sterling’s ‘Super Thursday’

Bank of England’s release of information could become UK version of US non-farm payrolls day The Old Lady of Threadneedle Street’s “unreliable boyfriend” is turning over a new leaf, catching the attention of the currencies…


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L&G eases concerns on capital requirements

Legal & General assuaged concerns about a looming overhaul of capital requirements for insurers on Wednesday by boosting its dividend by almost a fifth just months before the new regime kicks in. Shares in Britain’s…


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StanChart cuts dividend after profit fall

©Bloomberg Standard Chartered has reported a sharp fall in first-half profits as Bill Winters revealed a halving of the interim dividend in his first set of results since becoming chief executive of the emerging markets-focused…


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China confirms Uighur repatriation fears

©AFP Uighurs forcibly repatriated to China from Thailand last month tried to resist getting on the aircraft for fear they would be executed, China has confirmed for the first time. Thailand in July returned 109…


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Société Générale pledges to boost buffer

©Bloomberg Société Générale said it intended to extend cost-cutting measures and increase its capital buffer amid rising regulatory costs as the bank reported a sharp rise in second-quarter profits. Market volatility in the three month…


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SocGen to bolster financial reserves

French bank Societe Generale has said it will boost its financial safety net as it reported earnings which beat analysts’ forecasts. The bank will plough more profit into its capital base – the buffer it…


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China in $1tn infrastructure bonds scheme

©Bloomberg China has authorised its policy banks to issue new bonds in order to plow money into infrastructure spending, state media reported, as planners fret over slumping economic indicators. A month-long stock market rout plus…