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Energy group EN+ to buy back stake from Russia’s VTB

Recently sanctioned London-listed company seeks to simplify ownership structure




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Iron ore market is putting a lot of faith in stimulus from China

Price of key steelmaking ingredient has held up, despite big drop in economic activity




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Aluminium industry faces huge supply glut

Thousands of jobs at risk as coronavirus pandemic leads to a fall-off in demand




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Tata Steel calls on UK to lift £50m cap on coronavirus aid

Steelmaker says more funding needed given scale and length of lockdown disruption




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Airbus signals further production cut with job losses set to follow

Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse




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‘Too hard to tell’ if US travel ban will be lifted this year, says Mnuchin

Treasury secretary’s comments compound woes for airline sector hit by Buffett’s share sale




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Space or bust: Richard Branson’s Virgin dilemma

How Virgin Galactic might help the rest of the group escape the gravitational pull of coronavirus




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Clean energy groups dodge coronavirus crisis

Priority status as grid suppliers helps Orsted and Iberdrola weather drop in demand




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Coronavirus leads to ‘staggering’ drop in global energy demand

Fall could be the equivalent of India’s total annual consumption, IEA says




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Shell dividend cut puts Big Oil investment case in focus

Supermajors’ status as reliable income stocks questioned as earnings plunge




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Chevron to slash spending further despite robust first quarter

Earnings of $3.6bn exceeded expectations ahead of collapse in global oil demand




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Nigeria ratifies finance law in boost for small business

Legislation cuts taxes for some enterprises while increasing VAT




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South African Airways suspends some flights to save cash

State-backed carrier starts cancelling flights as vital government funding is delayed




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UAE groups implicated in suspected violation of Libyan arms embargo 

Two Gulf companies shipped jet fuel to renegade general Khalifa Haftar, documents show




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US stocks fall 10% in worst day since 1987 crash 

Wall Street’s late sell-off came on top of Europe’s worst-ever single day performance




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Tokyo stock price fall reflects virus threat to Olympics, say analysts

Nikkei 225 average drops 16 per cent over the week amid broad pandemic-linked sell-off




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US stocks jump 6% on stimulus hopes

Investors still on edge amid fears over economic impact of widespread shutdowns




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Wall Street has best day in decade as stimulus nears

S&P 500 closes more than 9% higher as investors cheer Fed backstops and political progress




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US stocks close up 3.4% in positive start to week

S&P 500 records fourth gain in five sessions, despite new leg down for oil prices




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Samsung shares create Korea headache for US investors

Change in Kospi 200 composition prompts US venues to suspend related derivatives




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Asia stocks higher after latest US coronavirus stimulus

Shares rally this week on hopes that spread of pandemic may be easing




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Hong Kong’s hidebound brokers face coronavirus reckoning

Viral outbreak has sped shift to online platforms, squeezing many traditional outfits




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Blackstone makes new investment in coronavirus-hit casinos

Private equity group acquires 10% stake in Australia’s Crown Resorts




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Coronavirus fears hit UK property market as viewings dry up

Buyers and sellers worry about risk of infection, say agents




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Non-bank lenders push for access to emergency state funding

Lobby groups led by UK Finance warn there is likelihood of ‘severe’ impact to borrowers




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UK property demand plunges as virus takes hold

60 per cent decline in sales predicted in the next three months




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UK housing market put on hold after plea from banks

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties




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US mortgage lenders face liquidity crunch

Non-bank lenders put on downgrade watch as sector braces for wave of borrowers not paying




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What is the outlook for the UK housing market?

Share your experiences of trying to buy or sell a house under current market conditions 




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£1m-plus mortgage borrowers pay over the odds

Interest rate disparity could add nearly £2,500 per month to the cost of servicing a £5m mortgage 




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Bank of Mum and Dad enters the bailout business

As young renters feel the pain, parents are having to bridge the financial gaps




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US businesses face uncertainty over paying staff for temperature checks

The time it takes for employees to be assessed is putting companies in delicate legal territory




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Coronavirus: Pence aide tests positive for Covid-19 — as it happened




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Initial finding backs US health official over virus sidelining

Rick Bright’s lawyers say federal investigators recommend he be reinstated during probe




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US lawmakers clash over new stimulus as jobless rate soars

Scale of unemployment underscores urgency of additional emergency relief funds




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Few precedents for grim US jobless numbers

Economists look back to the Great Depression for clues on the scale of the economic crisis




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Coronavirus latest: Spain’s Sánchez urges caution as lockdown is eased




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Axa criticises regulatory confusion over dividend policy

Chief executive Thomas Buberl says different guidance between countries ‘difficult to accept’




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UK watchdog orders insurers to pay small business claims quickly

FCA warns failure to act could count against provider’s regulatory record




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Battle between insurers and US business has just begun

Sector faces existential moment as Trump wades into debate over Covid-19 claims




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Cover Genius tops FT ranking with insurtech platform

The Australian company was borne out of an online travel business that had a problem to solve




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Admiral shows the insurance industry how it is done

Company to refund fraction of policy premiums to reflect reduction in driving  




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Two UK insurers outline scale of coronavirus claims

Hiscox expects $150m of claims while Beazley expects to pay out $170m




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UK regulator to seek court ruling on business interruption insurance

Decision comes amid row between companies and insurers on what is covered under policies




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UK companies to shun business interruption insurance

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes




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Markets should beware this morally hazardous approach to policymaking

Central banks repeatedly set the stage for the next boom and bust cycle, fuelled by growing debt




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Free markets must be protected through the pandemic

Sensible and targeted state intervention can help capitalism to thrive post-crisis




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Maybe Elon Musk won’t save me after all

My love affair with the Tesla chief can’t survive the pandemic




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Coronavirus: Retail investors attempt to navigate crisis

DIY investors and those in pensions drawdown scramble to adapt as stock markets plunge 




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Regulators urge UK savers to ‘keep calm’ during coronavirus volatility

Investors encouraged to take time before making any changes to their retirement plans