it

ArcelorMittal: metal polish

Destocking is at an end and global consumption is expected to rise this year




it

Rio weighs closure of Icelandic smelter as it struggles with power costs

ISAL facility remains unprofitable as aluminium producers face weaker demand and prices




it

Gupta completes acquisition of bankrupt Indian steelmaker

Business tycoon’s GFG Alliance makes first foray into fast-growing market after long court battle




it

England bans sale of coal and wet wood to improve air quality

Homeowners must use ‘cleaner alternatives’ for coal fires and wood-burning stoves from 2021




it

British Steel’s Chinese rescuer to complete purchase next week

Hundreds will lose jobs in £1.2bn turnround plan even as Jingye says 3,000 will be saved




it

Four groups swoop for British Steel’s French factory

Bids complicate Chinese investor’s efforts to buy out whole of troubled company




it

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




it

Vedanta presses on with plan to double oil production

Group’s founder Anil Agarwal undeterred by price crash and debt levels




it

Uranium bucks weak commodity trend

Radioactive material at risk of supply shocks given small number of dominant mines




it

Uranium enters bull market after Covid-19 hits supply

Prices rebound from March lows after miner Kazatomprom slashes production




it

Tianqi looks to sell stake in world’s largest lithium mine 

Chinese producer moves to offload some of its majority holding in Australia’s Greenbushes project




it

Barrick Gold buys 800,000 antibody test kits

Chief executive Mark Bristow says miner has taken lessons on tackling coronavirus from experience of Ebola outbreak




it

Rio Tinto expects rising commodity demand from China

Anglo-Australian mining group benefits from resilient iron ore price




it

Lufthansa considers filing for creditor protection as aid talks stall

German airline looks at procedure similar to Chapter 11 bankruptcy amid dispute over bailout conditions




it

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




it

BA warns Gatwick staff it may not resume flights there

Airline’s operations at London’s second biggest airport face brunt of 12,000 job cuts




it

Ryanair to axe up to 3,000 jobs as it warns over slow recovery

Europe’s largest low-cost airline expects return to 2019 passenger levels to take 2 years




it

Alex Cruz, BA boss suffering from altitude sickness

The four years since his promotion to CEO have been beset by crises




it

United Airlines prepares to cut workforce to reduce cash burn

Incoming CEO tells investors and carrier’s 96,000 staff that he will not duck hard decisions




it

London Gatwick under a cloud as carriers threaten to quit airport

Virgin Atlantic could be followed by British Airways in abandoning UK’s second-biggest gateway




it

Chevron to slash spending further despite robust first quarter

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




it

ExxonMobil suffers $610m loss after hit from oil and gas prices

Biggest US oil company takes $2.9bn charge to account for crude’s plunge




it

African entrepreneurs pitch to Alibaba founder Jack Ma

Business contestants battle for $1m prize money in glitzy televised extravaganza




it

South Africa to impose its biggest rolling power blackouts

Eskom will remove 6,000 megawatts of demand to avert total collapse of national grid




it

Visa in partnership with MFS Africa digital payments hub

Tie-up aims to allow people with mobile wallets to pay for international online services




it

Vodafone targets Africa’s unbanked with plans for M-Pesa

Telecoms group seeks to turn mobile payments unit into provider of wider services




it

AngloGold sells world’s deepest gold mine in South Africa exit

Move could pave way for company to shift primary listing to London




it

Takeaway suitor Naspers flaunts $8bn takeover budget

South African ecommerce group insists it remains in acquisition mode




it

Philippines shuts financial markets indefinitely

Country becomes first in world to halt all stock, bond and currency trading




it

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




it

Blackstone makes new investment in coronavirus-hit casinos

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




it

Coronavirus fears hit UK property market as viewings dry up

Buyers and sellers worry about risk of infection, say agents




it

US mortgage lenders face liquidity crunch

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




it

Home improvers hit by remortgage problems

Dig downs and loft extensions may increase the value of a home, but it’s hard to borrow against this




it

Hot springs and baseball stadiums core to Japan’s national security

Activists wary after finance ministry names ‘core’ stocks covered by law on foreign investment




it

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




it

Initial finding backs US health official over virus sidelining

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




it

Axa criticises regulatory confusion over dividend policy

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




it

Tesco/UK dividends: welcome to the witch trials

Cancelling payouts should not become a loyalty test




it

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




it

Admiral shows the insurance industry how it is done

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




it

Governments should backstop trade credit

As corporate insolvencies soar and firms try to hang on to their cash as long as possible, expect to hear a lot more about trade credit insurance.




it

Insurers are starting to pull trade credit protection 

Euler Hermes has written to some brokers, saying it will offer less support in the UK if the government does not agree to backstop trade credit insurers. 




it

Why the cost of protecting directors from lawsuits has soared

Tesla’s decision to buy liability cover from Elon Musk instead of a traditional insurer comes after premiums shot up




it

Perpetual spring: adventures in virtual visiting

You can enjoy flowers online that are past their best in the real world




it

Ida B Wells’ overdue Pulitzer helps rebalance history

Black journalist forced America to confront the evils of lynching




it

The time is ripe to reform UK university finance

Cutting tuition fees is no longer realistic, but there are other ways to better support vital courses




it

Trying to write fiction in superfictional times

Crises have inspired classics of literature — so is the great Covid-19 novel already under way?




it

Equalise front-line doctors’ death benefits, says BMA

Some families of medics who die in service will receive higher payouts than others under current rules




it

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

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