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Corbyn wants to nationalise internet

Jeremy Corbyn’s Labour Party is behind in the polls for the UK election so it’s unsurprising that he’s chucking out more giveaways to voters. The policy to nationalise BT Group Plc’s fixed-telecoms networks business and provide free fiber broadband to every British household is a humdinger nonetheless. Of course, the chances of this becoming reality are slim given that Corbyn’s ...

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This shale oil deal puts the ‘pit’ in ‘capitulation’

Here’s a company that really wants to get bought: As you can see, that wasn’t the case with Carrizo Oil & Gas Inc. up until quite recently. Back in early 2018, when it was trading at about $17 a share, the exploration and production company rejected activist Kimmeridge Energy Management Co.’s calls to either sell the whole company or a ...

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Global markets in 2019 are explained in one chart

It’s still all about the central banks. If you care about allocating money between global assets, everything else remains ancillary, and all 2019’s biggest trends — from negative interest rates in Germany through the inverted US yield curve to the impressive global rebound in share prices — can be explained by the actions of central bankers. Many will find this ...

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