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Thursday, 31 January 2019

LG Sees Fourth-Quarter Profit Plunge as Rivals Crowd TV Business

LG Electronics Inc posted its slowest quarterly profit growth in two years on Thursday citing higher marketing costs and tougher competition in the television business.

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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

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