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Round-up: Halloween week conjures tricks and treats

01/11/2019 · Alphabet (GOOGL)  · Apple (AAPL)  · BT (BT.A)  · Facebook (FB)  · Lloyds (LLOY)  · Redde PLC (REDD) 

Two scary Halloween pumpkins

Halloween week served up an appropriate amount of fear. None more so than for those who believed Mark Francois’ warnings that the country would “explode” if we did not leave the EU by 31 October. Twitter conjured an excellent array of British humour under the hashtag #BritainhasExploded as the month concluded and Brexit did not. And speaking of politics and social media, Twitter has said it will ban all political advertising from its site in the run up to the general election, which has now been confirmed for 12 December. Facebook is being pressured to follow suit – a far more frightening concept than for Twitter, as Mark Zuckerberg’s company makes more money from advertising.

The nerves of Brits are sure to mount further as the count down to the Rugby World Cup Final begins. For now, here’s a round-up of the biggest business stories of the week.

IPO watch: world’s most profitable company coming soon

Oil giant Saudi Aramco has had trouble getting its IPO off the ground. Two years ago, when Saudi Arabia’s crown prince Mohammed bin Salman attempted to launch the listing, prospective investors were unnerved by a corruption purge which saw more than 200 businessmen, ministers and princes taken to detention centres around the country. Last year, Saudi Arabia’s big Future Investment…

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