China’s renminbi has followed the Japanese yen’s downward path versus the US dollar. Both countries are sticking with loose monetary policies in sharp contrast to the trajectory of the US. But the similarities end there. Chinese companies have more to gain from a weaker currency. This week marked the renminbi’s biggest slide against the US
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Emmanuel Macron and far-right challenger Marine Le Pen are going head-to-head in a final appeal to voters as the French president tries to avoid an upset and secure an emphatic second-term victory in Sunday’s election. Macron has cemented his frontrunner status in recent days with his poll lead stabilising at around 55 per cent vs
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Dozens of cities in China are in full or partial lockdown in response to the spread of Covid-19 cases, meaning that a population roughly the size of the US has been stuck at home for several weeks, often with limited access to food and medical care. Among those cities in lockdown, Shanghai has received the
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Situated in 28,000 acres of Yorkshire Dales national park, beside the trout-filled River Wharfe, are the crumbling ruins of Bolton Priory. Next to it sits The Hall at Bolton Abbey, its extraordinary ancestral house. The estate’s ruins inspired paintings by the Romantics, including Landseer and Turner; in his poem “The White Doe of Rylstone”, Wordsworth
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“But, you may say, we asked you to speak about women and fiction – what has that got to do with a room of one’s own?” So said Virginia Woolf at Girton College, Cambridge, in 1928, where she was giving a blistering lecture on why a woman couldn’t have written the 1,225-page War and Peace.
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It never gets old: the lagoon, the water-lapped maze of streets and canals, the salt-worn, crumbling buildings and campi (squares) hidden away like secret pockets. Whether enshrouded in winter fog with impending high waters or under the warm, beating sun, Venice is truly unforgettable. Although I have called Tuscany home for 14 or so years,
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Michael Kors Collection mohair silk jumper and wool gabardine trousers, both POA. Saint Laurent by Anthony Vaccarello metal and glass necklace, £485 Dior cotton jumper, £1,100, and wool twill trousers, £720 Fendi linen blazer, £1,590, cotton shirt, £490, and linen shorts, £460  Prada jacquard terry hoodie, £1,500 Louis Vuitton printed cotton/silk-mix jacket, £2,860. MSGM knitted tank
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The Financial Conduct Authority has raised concerns over the adequacy of challenger banks’ defences against financial crime, after a “substantial” increase in suspicious activity reports filed last year. The remarks come as the watchdog attempts to toughen its approach against money laundering, which the National Crime Agency estimates costs the UK £100bn annually. “Challenger banks
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French prosecutors have issued an international arrest warrant for Carlos Ghosn and four people linked to an Omani auto dealer following an investigation into whether they helped divert funds from carmaker Renault to its former chair and chief executive for personal use. The warrants were issued against Ghosn, who was the architect of Renault’s alliance
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As the virus spread across the world and authorities started imposing lockdowns, problems became obvious. There was resistance to the closure of religious services, few people were keen to postpone weddings and funerals could not wait. Young singles wanted to party. Many people disliked wearing masks. And parents were tearing their hair out as schools
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