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- Pound rises above $1.26, FTSE 100 falls nearly 1%
- US markets open lower
- Qatar to invest another £5bn in UK
- BT fined record £42m by Ofcom
- Sir James Dyson 'enormously optimistic' about post-Brexit Britain
- UK government launches inquiry after nuclear clean-up contract is ended early
- Copyright: Getty Images
On Wall Street, the Dow Jones Index has closed lower, although only by 0.2% to 20,550.98. Still, that makes it the eighth consectuvie day of falls and the longest losing streak since 2011.
The S&P also dipped - closing down by 0.1% at 2,341.59.
But the tech-heavy Nasdaq managed to rise by 0.2% to 5,840.37.
Tesco has responded to the letter from shareholders questioning the wisdom of its purchase of the cash and carry retailer Bookers.
“We always listen closely to the view of our shareholders," a spokesperson said.
"We have had a wide series of meetings over the last two months and are pleased with the overall response. We have been working on the transaction for over twelve months and believe the strategic and financial rationale is compelling.
"We are confident that it will enhance our recovery plans for Tesco and deliver substantial benefits to customers and shareholders.
Financially, it will unlock more synergies than Booker's operating profit for the 2016 financial year and deliver a return in excess of our cost of capital in the second year.
Strategically, it builds on our core expertise of sourcing, distributing and selling food in the UK market and will enable us to enter the faster growing out of home food consumption market.
"Since announcing the transaction the majority of our top 10 shareholders have chosen to increase their shareholding in Tesco and we hope to convince all our shareholders of the merits of the transaction.”
A long-running lawsuit between the bond-trading firm Pimco and its former star trader, Bill Gross, has been settled.
The terms of the settlement were not released but media reports put the payout to Gross at $81m.
Gross, known as the 'Bond King', is now a fund manager at Janus Group. He was suing his former employers claiming that he had been forced out so that his colleagues could get his share of the bonus.
"Pimco has always been family to me, and, like any family, sometimes there are disagreements," Mr Gross said.
"I'm glad that we have had the opportunity to work through those."
Mr Gross said the money from the settlement would go to charity.
US stock markets continue to recover from early falls. One investor tells Reuters that he's hopeful the Trump rally will continue for some time yet.
"The market is still cautiously optimistic that the Trump White House will be able to push through many of their pro-business policies, and I think a lot of people are hopeful the Trump rally can continue through at least the middle of the year," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa.
The letter from Schroders to Tesco in full...Copyright: BBC
The insurance firm Aviva is investing $5m (£4m) in a company that makes a new type of breathlyser - that can detect the early onset of cancer and other serious illnesses at an early stage.
"Traditionally, insurance has supported customers in the aftermath of a problem, going forward prevention will be just as important as the cure," said Ben Luckett from Aviva.
The firm behind the idea - Owlstone Medical - is looking to develop tests for two of the most common types of terminal cancer: lung cancer and colorectal cancer.
Traders on Wall Street seem to be easing back on today's share price sell-off - with both the Dow Jones and the S&P off their session lows (both just 0.2% lower), and the Nasdaq now just edging higher.
In a letter to Tesco chairman John Allan, Schroders claims that the supermarket group's £3.7bn offer for the cash and carry retailer Booker would destroy value.
Schroders, which has a 4.5% stake in Tesco, says that Tesco is paying too much for for the grocery wholesaler and that chief executive Dave Lewis should concentrate on turning around the business.
Tesco is still under investigation by the Serious Fraud Office for overstating its results.
The letter states: "...we have been supporters of the focus on improving operating margins, reducing leverage and simplifying the business. However, there is more to be done to achieve a successful turnaround of Tesco's business."
It also praised Richard Cousins for quitting his role as a non-executive director of Tesco because he disagreed with Booker deal.
One of Brazil's main airlines, Gol, has agreed to pay $1.3m (£1m) to an indigenous tribe in material and spiritual compensation for the damage caused by a plane crash that happened more than ten years ago.
A private jet and a Gol commercial plane crashed in northern Brazil in 2006, falling over the Caiapó indigenous reserve.
Tribal leaders said they were forced to rebuild their dwellings elsewhere because the land became polluted and cursed with the presence of the 154 people who died in the accident.
Scottish entrepreneur and philanthropist Sir Tom Hunter believes that the Scottish people are a bit "fed up" with politics.
"One of the great things about the 2015 referendum was that everyone got engaged...in politics," he told the BBC's 100 days project.
"I think people are a bit fed up and I'm not so sure we're going to get the same level of engagement if another referendum comes quite so soon."
He went on to say that we were living in "dangerous times" given that there was "no effective political opposition" in either Holyrood or Westminster.
He said Brexit meant uncertainty but that he was an optimist and would make the most of the situation.
"We must always remember in Scotland that we do four times as much business with the UK than we do with the rest of Europe," he said.Copyright: BBC
- Copyright: Getty Images
Tesco is facing strong opposition to its £3.7bn takeover of retail wholesaler Booker.
Schroders and Artisan Partners, both shareholders in the supermarket group, are concerned that Tesco should be focused on fixing the business, which is now under the leadership of Dave Lewis, instead of doing a major deal.
It is understood that Schroders has written to Tesco's chairman John Allan to pull out of the deal.
- Copyright: Getty Images
Remember Samsung's Note 7 smartphones were prone to exploding ?
Well, those days are well and truly behind the South Korean company which has announced that it will sell refurbished versions of the Note 7.
Samsung was forced to pull the phone from the market last year - at an estimated cost of $5.5bn - after it was discovered the problem was with the battery used in the smartphone.
Now, however, it will re-use the pulled devices and for those that cannot be fully refurnished, Samsung plans to recover and use or sell reusable components such as chips and camera modules and extract rare metals such as copper, gold, nickel and silver.
- Copyright: AFP
A giant gold coin bearing the Queen's image, and worth $4m (£3.2m), has been stolen from a museum in Germany.
The Canadian coin, nicknamed the "big maple leaf", has a face value of $1m - but because it is 100kg (220lb) of pure 24-carat gold, its value is much higher at today's price for gold bullion.
It was taken during the night from the Bode Museum in Berlin.
It is not clear how the thieves evaded the alarm system or carried the heavy, half-metre (20.9 in) coin away.
The theft is believed to have happened at around 03:30 Monday morning (01:30 GMT).
The enormous coin is probably too heavy for a single person to carry, and police believe the thieves entered through a window.
A ladder was found on the train tracks nearby.
The FTSE 100 has just closed...and, like most of the day's session, mining shares have dragged it lower.
At the close of trade it was down 0.6%, or 43 points, at 7,293.5, with miners Glencore and Antofagasta the biggest fallers.
Also down sharply was Babcock after the engineering firm said it would take an £800 million hit from terminating a major government contract to decommission and manage 12 UK nuclear sites.
Its shares ended down by 4.3%.
It was when Khalil Rafati had overdosed on heroin for a ninth time that he finally realised that he had to change his life in order to save it.
A drug addict who slept rough on the streets of Los Angeles, he eventually regained consciousness after the medical team used a defibrillator to give him an electric shock.
He then decided to throw himself into healthy living, and has been so successful in rebuilding his life that today he is the millionaire founder and owner of fashionable Californian health food business Sunlife Organics.
The before and after pictures below tell the story.Copyright: Khalil RafatiCopyright: Khali Rafati
- Copyright: Pinterest
A 94-year-old woman in the US is celebrating 44 years flipping burgers at McDonald's.
The Evansville Courier & Press in Indiana reports s that Loraine Maurer started working at McDonald's in 1973, and has been a fixture behind the counter at several locations in the area ever since.
For the breakfast shift, she has to get up a 3am. Maurer tells ABC News that she has thought about retirement, but "would miss it too much".