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Billionaire entrepreneur Xavier Niel is offering a 50 per cent premium to Iliad’s last traded price to buy back the 29 per cent of the business he does not own. Photograph: Lionel Bonaventure/AFP/Getty

Billionaire entrepreneur Xavier Niel has launched a tender offer to take private Iliad, the French telecoms company he founded 22 years ago, in a surp(...)

Oracle was the biggest percentage decliner on the S&P 500 early on Tuesday, falling 9% after the business software maker reported quarterly revenue that missed Wall Street estimates. Photograph: Gety Images

European stocks recovered on Tuesday, led by the banks, while tech stayed under pressure after concerns over increased regulation and taxation of larg(...)