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FIVE at FIVE: Rolls-Royce flights up; BT boss exit talk; FTSE 100 up; Crypto king kidnapped; Twitter halves

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Rolls-Royce flight times up on China recovery boost

Rolls-Royce Holdings PLC (LSE:RR.) supplies engines for various wide-body jets, including the Boeing 787 and Airbus A380, which saw an uptick in flights in February.

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2. BT Group head Philip Jansen’s exit an ‘open secret’ in the City

BT Group PLC (LSE:BT.A) is already drawing up plans to replace chief executive Philip Jansen after just four years in the driving seat.

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3. FTSE 100 gains as bank turmoil settles

The FTSE 100 started the final week of March on the front foot, adding 0.9% to 7,472 by the close of trade as turmoil in the banking sector abated for the time being.

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4. Canadian ‘Crypto King’ kidnapped, tortured, held to ransom, court documents allege

Court documents circling online have brought to light a harrowing ordeal experienced by self-proclaimed Canadian ‘Crypto King’ Aiden Pleterski.

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5. Twitter value has halved since Musk takeover

Twitter Inc (NYSE:TWTR) is worth less than half of the US$44bn Elon Musk bought it for in October, according to a memo offering staff a new stock compensation programme.

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