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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




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Europe steelmakers cut production after shutdown of car plants

Move illustrates how coronavirus impact is rippling through manufacturing supply chains




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Vedanta presses on with plan to double oil production

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




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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




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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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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




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Heathrow’s third runway project now ‘impossible’, says IAG chief

Willie Walsh points out that expansion plans face bigger challenges due to coronavirus impact




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Norway to cut oil production by 13%

Move in response to drop in prices and demand and honours unofficial pact with Opec




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ConocoPhillips takes axe to production after $1.7bn loss

US oil producer pledges to reduce output by more than a third in June




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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




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Hidden costs of Anbang’s spending spree

China looks set to pour billions in national savings down a black hole




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Nigerian border closures cut smuggling but drive up prices

Benin crossing has been shut for three months, halting trade on vital frontier




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South African Airways seeks bankruptcy protection

First state company to enter business rescue since end of apartheid




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African entrepreneurs pitch to Alibaba founder Jack Ma

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




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Portuguese banker named in dos Santos probe found dead

Suspected suicide comes as Angolan billionaire indicted for money laundering




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Angola’s state diamond group seeks global partners to become a top 3 producer

Endiama chief wants ‘radical change’ in overhaul of country’s scandal-hit gem industry




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De Beers to cut diamond production by 20 per cent this year

World’s second-largest diamond miner cites disruption along the supply chain




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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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Coronavirus fears hit UK property market as viewings dry up

Buyers and sellers worry about risk of infection, say agents




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2.7m properties dragged into higher stamp duty band 

Rising prices and flat tax thresholds since 2015 mean more homes in London and Southeast are in the top band




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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 property market moves into cold storage

Experts predict transactions could plunge 50 per cent year-on-year, but what could it mean for house prices? 




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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




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I’m buying a property — can I get a discount? 

Homebuyers trying to chip the price of property deals could be disappointed 




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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




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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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Admiral to refund £110m of premiums as drivers stay at home

Move by UK group will put pressure on other insurers to follow suit 




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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. 




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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




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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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Perpetual spring: adventures in virtual visiting

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




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Netflix is chilling in Iceland but the rest of the world is a problem

As global lockdowns boost streaming subscriptions, filming freezes spell trouble ahead




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Aviva pension clients barred from cashing in property assets

Provider cites coronavirus market turmoil for uncertainty over valuations




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Five ways to protect your post-pandemic pension pot

How will your retirement finances change BC and AC — before and after coronavirus?




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BNP warns coronavirus could dent 2020 profits by a fifth

‘Drastic revisit’ of outlook at French bank as dividend cuts and cancellations hit equities trading




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Virgin Money profits halve as it prepares for surge in bad loans

UK lender is latest to warn coronavirus-induced economic disruption will hit its clients




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George HW Bush, 41st US president, dies aged 94

Deft foreign policy and Gulf war victory defined his one term in office




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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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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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Smokers stock up on tobacco and nicotine products

Legal marijuana producers also report spike in demand during lockdown 




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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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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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Slowing coronavirus spread calms US and European markets

Volatility gauges for both regions show sharp falls from historic highs in March




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Cement price rise points to surge in China construction

Experts fear country is embarking on more white elephant projects




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Bill for pair of Carillion hospital projects doubles

Failed outsourcer’s work on Liverpool and Birmingham hospitals running years behind schedule




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Crest Nicholson profits tumble after sales hit by Brexit paralysis

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy




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3D-printed houses could become concrete reality

The technology has significant potential to shake up the construction sector




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Predatory investors exploit leaseholders’ cladding dilemma

Properties changing hands for tens of thousands less than market value




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Von der Leyen tells China to price carbon

Commission president sets out Brussels’ plan for CO2 border adjustment mechanism