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Negative yielding bonds now account for about $2tn of debt issued across Europe, and that figure is rising. Michael MacKenzie, markets editor, explains in 90 seconds what it really means when someone buys a bond with a negative yield.
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After years of increasing scrutiny from regulators, customers and other companies, Google is shaking up its management structure in Europe. The FT’s Ravi Mattu reports on the group’s new approach to the continent.
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