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FIVE at FIVE: Musk vs Buffett in billionaire’s battle, Marmite-maker Unilever beats expectations, dividend winners and JD Sports new potential boss

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

1. There's 239 billion reasons Elon can brush off the hysteria

Despite a Tesla Inc (NASDAQ:TSLA) profit warning and the hysteria and protests surrounding Elon Musk and his electric vehicle company, the world’s richest man has actually been coping relatively well compared with his rival super-billionaires.

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2. Unilever beats expectations but warns of cost inflation

The maker of Bovril and Dove reported an underlying sales increase of 8.1% in the first half of the year compared to guidance of between 4.5% to 6.5%.

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3. CQS New City is AIC's highest yielder

Association of Investment Companies (AIC) released a list of 42 investment companies with a yield above 3% and a five-year track record of increasing dividends.

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4. JD Sports tipped to appoint former B&Q chief

An agreement with Schultz could be signed this week, with the Frenchman joining from Dubai-based Al-Futtaim Group.

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5. FTSE 100 closes slightly in red

FTSE 100 finished near flat on Tuesday at 7,306, down 0.02 points.

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