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Airbus jobs at risk and shake-up looms as 3,200 furloughed

Chief executive Guillaume Faury told the plane maker's 135,000 staff to brace for a major shake-up and potentially sweeping job cuts to slash costs.




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Lloyds Bank lags UK rivals on coronavirus loans

Though it is one of the largest lenders to small and medium-sized firms, it has only approved a tiny percentage of loans made under the Government's Coronavirus Business Interruption Loan Scheme.




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Sportswear firm Adidas suffers hit as profits slump 93%

The German sportswear firm warned its sales would slump 40 per cent in the second quarter despite China emerging from lockdown, and surging performance online.




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MARKET REPORT: British pharma shines with coronavirus test

Novacyt has inked a deal with the Department of Health to provide it with 288,000 tests a week. And Omega Diagnostics has made fresh strides in the race to roll out antibody tests.




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Brokers prey on businesses desperate for coronavirus lending

Treasury officials and the City watchdog expressed concern after it emerged a company is charging £500 upfront, then a percentage of the value of the loan if the application is successful.




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MARKET REPORT: Royal Mail shares rise after a first class verdict

Royal Mail is poised to benefit from the new reliance on web sales. Citigroup Analysts bestowed a rare double upgrade on the 504-year-old postal service, moving it from 'sell' to 'buy'.




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Founder of 'legal loan shark' Amigo in bid to oust the entire board

James Benamor says Amigo was committing 'slow-motion suicide' by making 'irresponsible' loans and failing to alert shareholders to the potential cost of complaints.




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BP promises to pay a £1.7bn dividend despite 'brutal' environment

Many had been worried BP would have to cut or axe the payout after oil prices began tanking in late January. But the energy giant has raised the amount it will give to shareholders.




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British Airways planning 12,000 redundancies

Coronavirus has wiped out demand and IAG believes it will take several years for air travel to recover to 2019 levels.




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Estate agents under fire for offering viewings during the pandemic

Firms are accusing each other of 'profiteering' from the pandemic. An estate agency in the Lake District sparked a debate after it said it had completed a viewing on a £1.25m home.




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Aerospace industry facing its 'gravest ever crisis', says Airbus boss

On another bleak day for the sector, Airbus chief executive Guillaume Faury predicted it could take 'three to five years' for passengers to be as willing to fly as before the crisis.




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Shell in first dividend cut since WW2: Blow to pensions

Last year Shell was the most generous dividend payer in the UK, handing pension funds and investors £11.6bn.That amounted to 15.5 per cent of all payments made by FTSE 100 firms.




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Lloyds under fire for handing out just £500m to struggling firms

The bank, led by chief exec Antonio Horta-Osori (pictured), which is the UK's biggest mortgage provider and one of the largest lenders to small businesses, has handed out just.




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DIRECTOR'S DEALS: Diageo's Asia boss sells £746,000 worth of shares

Sam Fischer spent £479,000 exercising options to buy 28,000 shares at 1709p. He later sold the stock at 2663p, netting £267,000. Diageo's market value has fallen 14 per cent this year.




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Record dip in business confidence over coronavirus

Deloitte's survey of 104 finance chiefs found that 84 per cent were less optimistic about prospects, compared with 47 per cent three months ago - the survey's biggest drop in confidence on record.




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Coronavirus looks set to cost £85bn in lost dividends

More than 300 listed companies have cut or cancelled payouts as they battle to survive. It is now feared that total dividend payments will fall from £98.5 billion last year to just £47.2 billion this year.




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How come global stock markets had their best month in years?

According to the FTSE All-World Index, which measures the performance of thousands of companies around the world, global stocks grew at their highest monthly level in nine years.




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Ski firm Sunweb faces legal fight over ticket refund plan

Sunweb is said to have initially offered customers a full refund by March 31 after Tomorrowland Winter at the French resort Alpe d'Huez, was called off because of the coronavirus.




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O2 in £24bn merger talks with Virgin Media

The tie-up would transform the telecoms market overnight, creating a powerhouse to challenge former state monopoly BT.




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Big four audit firm Ernst & Young faces quiz over NMC role

The former FTSE 100 hospitals provider crashed into administration after a series of extraordinary revelations, including that it was harbouring billions of pounds in secret debt.




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Furloughed Sports Direct staff 'told to come to work'

Staff were asked to go into closed stores once a week and pack up stock so it could be sold online, but were told not to clock in, whistleblowers told the Guardian newspaper.




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Gambling bosses refuse pay cuts over coronavirus

William Hill is benefiting to the tune of over £30m per month from the wage subsidy scheme and the business rates holiday, while Paddy Power is saving £400,000 per month in business rates.




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Gatwick future under threat as Virgin Atlantic ends operations

Virgin blamed the 'severe impact' of coronavirus, which has prompted travel restrictions and forced airlines to ground fleets, and it comes just days after BA said it could also leave.




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Watchdog warns audit firms to up their game and stop misleading

The Financial Reporting Council has found most accounting firms are failing to assess whether their audits of major companies are any good until after they have already published them.




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Hiscox to raise £400m as it fights firms over coronavirus payouts

The insurance giant said it would sell up to 58m shares, which at last night's price of 692.4p would be worth £400m, collecting the money so it could 'respond to future growth opportunities'.




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Vodafone could gatecrash O2-Virgin Media merger

The British telecoms giant has long been seen as a potential suitor for broadband provider Virgin after it previously held unsuccessful takeover talks with parent Liberty Global.




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MARKET REPORT: Tech veteran's swoop on Saatchi boosts firm's fortunes

Serial investor Vin Murria, an adviser at Hgcapital, bought 13.25 per cent of the AIM-listed company's shares on April 30, according to a stock market announcement yesterday.




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Virgin Money suffers 60% drop in profits and gets ready for bad debts

The group admitted that around 12,000 of its credit card customers, or 1.2 per cent, were already seriously in arrears by three months or more before the pandemic.




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Are the big tech stocks immune to viruses?

The products and services provided by the big tech firms are deeply embedded in the lives of individuals and the business practices of companies.




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Filta shares up 80% as it produces coronavirus sanitisers

The anti-viral solution leaves a protective layer that bonds to the surface, creating a safer environment in shared spaces such as restaurants, bars and shops.




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Banks urged to keep approving state-backed coronavirus loans

Bank of England governor Andrew Bailey (pictured) has put pressure on banks to ramp up lending as the central bank predicted the economy would shrink by 30 per cent in the first half of the year.




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Telecoms Goliaths Virgin Media and O2 in £31bn mega merger

Liberty Global and Telefonica - parent firms of Virgin Media and O2 respectively - said they had agreed a deal after announcing talks were under way on Monday.




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Manufacturing is key to our recovery, says UK defence firm BAE

Under chief exec Charles Woodburn, 49, BAE Systems is fighting a very different war against the deadly coronavirus and is turning its formidable engineering expertise to helping the NHS.




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What car making in a coronavirus era looks like for Aston Martin

From temperature tests on arrival to face masks and two-metre distancing, this is the first glimpse of how manufacturing in Britain could look in the wake of the lockdown.




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BT takes axe to dividend: No annual payout for first time since 1984 

Chief exec Philip Jansen (pictured) said the company now aims to offer fibre to 4.5m homes and businesses by next March and 20m by the mid to late-2020s, up from a previous target of 15m..




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DIRECTOR'S DEALS: Anglo American boss Mark Cutifani gets £3.3m

Cutifani will be given the 226,879 shares in 2025 if he and the firm hit targets. The Australian, 61, has led the FTSE 100-listed miner, which bought Sirius Minerals this year, since 2013.




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Small firms get loans they need: £5billion lent in just three days

Chancellor Rishi Sunak was forced to rethink the Government's original coronavirus Loan Scheme after thousands of small businesses warned they would go bust without quick access to cash.




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Manchester United news: Alexis Sanchez joins up with team-mates for first time since Copa America

Alex Sanchez began his pre-season with Manchester United three weeks after his Chile side suffered defeat by Argentina in the Copa America third place play-off.




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First yellow of the season! Manchester United forward Alexis Sanchez receives car parking ticket

The Chilean international, who is currently nursing a hamstring injury, returned to his car in Wilmslow after taking a train from London, only to discover that a parking warden had paid it a visit.




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Inter Milan chief Beppe Marotta says Mauro Icardi is not part of the first-team picture

Inter Milan chief Beppe Marotta has insisted that Mauro Icardi remains out of the reckoning under Antonio Conte. Icardi has been largely ignored since Conte arrived as manager.




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Transfer news: Man United confirm Alexis Sanchez has joined Inter Milan on season-long loan deal 

Manchester United have confirmed that Alexis Sanchez has joined Inter Milan on a season-long loan deal. The winger had fallen out of favour at Old Trafford and will hope to rediscover his best form.




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Alexis Sanchez gets stuck in during first Inter training session after escaping Man United nightmare

The Chilean star had endured a nightmare spell at Old Trafford and was sidelined under manager Ole Gunnar Solskjaer after a string of injuries and below-par performances.




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Inter Milan news: Alexis Sanchez to wear No 7 shirt

Alexis Sanchez has been handed the No 7 shirt at Inter Milan after completing a season-long loan move from Manchester United. It was left vacant by the loan exit of Mauro Icardi.




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'One day... they told me about Miami': Alexis Sanchez reveals desire to play in America

Alexis Sanchez is open to a move to Major League Soccer, but after finally getting out of Manchester United he is not considering a switch Stateside anytime soon. 




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Solskjaer's hairdryer and Pogba's unhappiness: The cracks appearing at Manchester United

JOE BERNSTEIN: With Ole Gunnar Solskjaer already pulling out the hairdryer and top stars set to move on, Sportsmail assesses how the cracks are appearing at Old Trafford.




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Alexis Sanchez scores first Inter goal before being sent off for diving against Sampdoria

Alexis Sanchez went from hero to zero on Saturday after scoring his first goal for Inter before being sent off after picking up a second bookable offence for diving against Sampdoria.




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Chile manager confirms Alexis Sanchez could miss THREE MONTHS with an ankle injury

Sanchez, who is on-loan at Inter from Manchester United, injured the tendons in his left ankle late on during a feisty friendly against Colombia on Saturday, and he may require surgery.




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Manchester Utd are still paying Alexis Sanchez more than Sheffield Utd's ENTIRE squad earn

Sheffield United host Manchester United on Sunday in what represents the biggest financial mismatch in the Premier League this season. Here, Sportsmail compares the princes with the paupers.




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Inter Milan 1-1 Atalanta: Samir Handanovic heroics help Serie A leaders hold out for a point

Inter Milan had goalkeeper Samir Handanovic to thank after surviving an 88th minute penalty to earn a point against fifth-placed Serie A side Atalanta with a 1-1 draw at the San Siro.




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Manchester United 'turn to AC Milan star Krzysztof Piatek' in their desperate search for a striker

Manchester United boss Ole Gunnar Solskjaer has become increasingly desperate to sign a forward after the news that Marcus Rashford faces months out with a double stress fracture.