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Wall Street inches higher despite spike in jobless claims 

Investors say ‘astounding’ number of unemployment claims in US had been priced into markets




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Wall Street ends higher as investors look past immediate downturn

US stocks shake off loan loss warnings from country’s largest banks




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On front-loading economic Covid-19 underperformance

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.




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A chasm between Wall Street and economic winter

Mike Mackenzie’s daily analysis of what’s moving global markets




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US stocks rise on hopes outbreak could be nearing peak

Asia-Pacific indices broadly higher after S&P 500 closes up 3.4%




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Wall St urges caution as bulls rush into recovery bets

S&P up 23% from March nadir on back of state coronavirus action — but more falls possible, warn analysts




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French markets regulator backs extension of short-selling ban

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings




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Equity market rally runs out of steam

S&P 500 closes lower as investors await more evidence of progress against virus and extra stimulus




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US stocks in sharp late rally on hopes virus is slowing

S&P 500 surges 7% after coronavirus shows signs of peaking in continental Europe




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Global stocks end higher on hopes of oil price war truce

Energy sector leads US S&P 500 to 2.3% gain   




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Trade volumes spike at exchanges across Europe

Coronavirus-linked turmoil draws many investors out into the open




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How Covid-19 tore through global markets in first quarter

Every major asset class has been disrupted




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Global stocks, oil and government bonds tumble 

Dow wipes out gains of the Trump presidency amid fears antivirus measures are inadequate




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European countries ban short selling after markets plunge

‘We are ready to go further,’ says French minister after issuing temporary prohibitions




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Euro 2020 football tournament set to be postponed

Organisers expected to delay flagship event in order to let European domestic leagues finish




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Europe’s banks face a test of resilience

Since their peak almost a month ago, European banks indices have plunged 40 per cent




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This market was in trouble long before the virus hit

Harsher medicine this time round would put asset prices on a better long-term footing




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Michael Hintze’s hedge fund hit hard by credit bets

Billionaire CQS trader hurt by exposure to default-ridden energy sector




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Louis Bacon’s Moore Capital gains after going it alone

Billionaire investor hits winning bets in global macro after closing to external money




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Loeb looks to back out of $2.6bn Global Blue deal

Hedge fund billionaire cites Silver Lake-backed company’s reliance on international travel




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EY orders consultants to take time off as work slows

Financial services unit mandate a ‘first step’ in adjusting to decline in business




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Odey called out over Brazil agriculture investment

Global Witness highlights UK hedge fund’s stake in company accused of environmental violations




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When the banks closed in Wuhan, nobody cared

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation




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JPMorgan among new backers for paperless voting fintech

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual




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Revolut on the hunt for acquisitions

UK fintech plans to use recent $500m fundraising to buy rivals hit by coronavirus pandemic




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The pandemic is yet to dampen demand for luxury goods resales

If anything, it’s only made the most coveted more sought after, as online sellers adapt to cater for their clientele.




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Reckitt posts record sales growth as disinfectant demand surges

Group ramps up production of cleaning and sanitising goods amid coronavirus crisis




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The future of fashion — focus on sustainability

How the crisis will revolutionise brands, fashion weeks and personal style




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Adidas says lockdown recovery will be ‘gradual rather than instant’

Sportswear maker warns sales could drop as much as 40% in second quarter




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Retail: fast fashion, interrupted

Coronavirus is highlighting more than the industry’s wasteful ways; its iniquitous supply chain is also in the spotlight




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Trump claims disinfectant ‘injection’ idea was sarcasm

Medical community warns of dangers from use of cleaning agent as internal treatment




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Unilever: no clean sweep

Consumer goods group missed its moment but there is much to keep investors onside




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Lockdowns lower personal grooming standards, says Unilever

Homeworking prompts decline in demand for consumer group’s skin and haircare products




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Kimberly-Clark: wiping the floor

Personal care group boosted by stockpiling frenzy ahead of lockdown




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Toilet roll mania boosts sales of Andrex maker Kimberly-Clark   

Retailers are still replenishing stocks after panic buying ahead of coronavirus lockdowns




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Royal Philips predicts intensive care beds must double globally 

Healthcare tech group chief calls estimate to deal with coronavirus ‘conservative’ as it boosts medical equipment production




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Philips: ventilator pitch

Strategic decisions by chief executive make the Dutch company a safe bet




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P&G sales boom as stay-at-homers do more laundry

Cleaning products up, shaving items and make-up down in household goods group’s best quarter in years




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LVMH and L’Oréal upbeat on recovery

Luxury and beauty bellwethers predict gradual rebound once coronavirus shutdowns end




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Smokers stock up on tobacco and nicotine products

Legal marijuana producers also report spike in demand during lockdown 




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Pets at Home sales benefit from surge in demand

Essential retailer says coronavirus uncertainty means it will not give guidance for year ahead




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Adidas backtracks on rent freeze after public outcry

Sportswear maker apologises but warns it cannot bear virus lockdown for long   




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How coronavirus will change fashion’s supply chains

Disruptions set to revive local manufacturing as designers look to avoid reliance on distant hubs




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Recession pushes Hong Kong shoppers to sell their luxury goods

Consumers seeking quick cash unload designer bags, jewellery and luxury watches




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Retailers under pressure to close online operations

Yoox-Net-a-Porter and Paul Smith join list of brands that have suspended ecommerce sales




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Mulberry creative chief Johnny Coca to depart

British handbag maker’s value has plummeted 85% in past two years as turnround plan stalls




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Christopher Parkes, journalist, 1944-2019

A sharp-eyed editor and foreign correspondent who turned a killing phrase




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Yasuhiro Nakasone, Japan prime minister, 1918-2019

A nationalist who could temper his dogma and made his presence felt across the globe




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Sadako Ogata, UN High Commissioner for Refugees, 1927-2019

She turned the agency into a diplomatic and moral force




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Washington diary: falling under the Nationals’ spell

The baseball team’s victory in the World Series reflects the city’s wider resurgence