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Standard Chartered shares tumble as profits slump

Banking giant Standard Chartered shares tumbled after it revealed pre-tax profits fell by a third year-on-year in the third quarter, far worse than analysts had expected. ....

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Persimmon warns on profits and slashes dividend by 75%

Persmimmon flagged reduced volumes, and increased sales incentives and marketing costs. The builder said its weekly sales rate had almost halved. ....

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