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Portugal is talking to the European Commission about how it can safely allow travel

Premier League TV deal may keep the wolves from the door but Sky and BT Group Plc’s bundle model is facing existential threat As Sky and BT roll over their Premier League deals the online streamers are lurking with intent. Sky and BT Group PLC’s (LON:BT.A) behind closed doors deal for Premier League broadcast rights signals strongly one thing, time is running out for their telecoms-and-TV bundling business models. Moreover, for customers there’s even a faint hope that the days of £75 per month subscription fees may also be numbered. The Premier League accepted a deal to ‘roll-over’...

Prudential shares dive as Jackson Life demerger is delayed "The US demerger will complete Prudential's structural transformation into a business solely focused on the growth opportunities of Asia and Africa" Prudential PLC (LON:PRU) said it now expects the demerger of its US arm Jackson Life to take place later this year than previously anticipated. The insurance giant had been targeting a demerger in the second quarter of this year but now says the separation will take place in the second half of 2021, subject to regulatory and shareholder approvals. In a statement issued ahead of its annual...

Scottish Mortgage says investment opportunities are likely to remain plentiful "If the last year has taught us anything, it is that the world is uncertain but that we can endure and businesses can flourish in the most challenging of circumstances” Scottish Mortgage Investment Trust PLC (LON:SMIT) said the financial year just ended saw the trust produce the strongest ever annual return for shareholders. Net asset value (NAV) per ordinary share at the end of March 2021 had risen 111% to 1,195.1p from 567.3p a year earlier; over the same period, the benchmark index against which the trust meas...

The analysts see “limited evidence of interest” for a BT Sport sale BT’s share price has rebounded after what was a reasonable initial reaction to the telecoms group’s dividend cut and capex raise last May, plus an unreasonable inclusion of telecoms companies in the wider FTSE sell-off last year. The recovery since then was “a logical reversal of fortunes”, Deutsche analysts said, but they are “increasingly concerned” about the recent enthusiasm about the government’s planned tax super deductions, regulator Ofcom’s market review, (“regulatory easing is not much good when...