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M&S shares soar as it says turnaround plan working

The High Street giant raises its profits forecast, as official figures show UK retail sales fell sharply in July.

Purpose of transaction would be to delist company from being publicly traded.

Shares in the Oprah Winfrey-backed company drop 25% as subscriber numbers fall after lockdown.

Richard Johnson, CEO of Foot Locker, reflects on the lessons of the pandemic for business leaders.

It comes on the same day South Korea's first internet lender KakaoBank soared on its market debut in Seoul.

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