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Estée Lauder and Puig end merger talks over creating beauty powerhouse

Shares in US cosmetics giant jump 11.5% in post-market trading as investors welcome end of talks

US retail giant’s shares plunge after saying it absorbed higher fuel expenses to hold down prices for consumers

What happens when there are no more stockpiles?

European group will partner with Chinese rivals and keep all of its factories under strategy laid out by chief executive

The party’s lack of unity caused party to haemorrhage voter confidence, according to the report’s author

President refuses to approve order hours before planned signing due to fears US innovators will lose out to China

The writer, along with her translator Lin King, on using the power of fiction to bring Taiwan out of the shadow of China

Chancellor sets out sweeping package of measures aimed at helping businesses and families

Officials say more work is needed to show self-driving vehicles will bring ‘net benefit on safety’

Smartwatch heart measurement could help monitor risks of insufficient slumber, new review claims

Anti-lawfare fund could offer payouts to president’s allies and Capitol rioters

Passive investors set to dump billions of shares to make way for new stocks

Pakistani mediators expected to travel to Tehran as diplomacy to end conflict intensifies

UK telecom has put up a fight as its rivals slow their rate of sprawl

Celebrated tech banker lost influence over Elon Musk’s blockbuster listing amid stint in Trump administration

Michael Thomson receives first custodial sentence stemming from retail investor scandal

Turkish stocks fall 6% on move that could hobble the long-serving president’s most important rivals

Politicians face a problem of public perception after a survey found that half of Britons still believe immigration is rising

Closures are latest cost-cutting step by UK supermarket chain

Shares in world’s most valuable company slip despite announcing better than expected revenue and forecasts

Greater Manchester Police opens probe after reports over ‘concerns about candidates’ in May 7 local elections

Both groups to appeal ruling after Paris court finds the companies responsible for negligence that led to accident

Some in Zack Polanski’s party are wary of being blamed for splitting progressive vote in north-west constituency

Ofsted found the start-up was falling short in four out of the five areas assessed