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If you left the market, don’t wait to get back in

There are only a few basic rules of investing: diversify, keep your costs low and probably most important, hang on when markets tumble occasionally. The last one is the trickiest. It’s not easy watching money vanish as the market plunges, particularly when many people, some of them highly respected, are carping about the end of the world, which invariably accompanies ...

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The UK only hurts itself by slashing aid budget

The most enthusiastic campaigners for Britain’s exit from the European Union insisted that Brexit’s end result would be a “Global Britain” — a country set free to forge alliances, agreements and trading pacts across the world. More than four years on, we still have no clear idea what a Global Britain would actually look like. No enthusiastic new trading partners ...

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Meituan’s sales surge with China’s appetite for takeout

Bloomberg Meituan reported a 29% rise in quarterly revenue after China’s economic recovery boosted restaurants and whetted consumers’ appetite for takeout. The world’s largest meal delivery service posted sales of 35.4 billion yuan ($5.4 billion) during the July-September period, beating the average estimate of 34 billion yuan. It also logged net income of 6.3 billion yuan, versus a projected 435 ...

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