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LVMH has become a luxury department store

Bernard Arnault’s company is the modern incarnation of La Samaritaine and Neiman Marcus




de

Inside LBC: the radio station capturing the political zeitgeist

In a polarised time, the broadcaster has won listeners by embracing confrontation




de

Goodbye to all that creative destruction

In 16 years of columns on business, the only constant has been disruptive innovation




de

The trends that shaped a decade of domestic life

From high-tech to hygge, our homes changed at top speed in the 2010s — what will the 2020s bring?




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Inside Bill Ackman’s $2.6bn big short

Hedge fund chief bets on stockmarket recovery after profiting from coronavirus sell-off




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Coronavirus fallout deals small US companies a double blow

Small-cap stocks underperformed large-caps throughout the bear market and rally




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US small-caps rebound as equity rally broadens

Smaller companies in ‘epic rally’ on optimism over coronavirus and policy support




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Stock market slide pushes Berkshire Hathaway to $50bn loss

Sell-off dents investment holdings despite uptick in operating profit




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Rio Tinto expects rising commodity demand from China

Anglo-Australian mining group benefits from resilient iron ore price




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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




de

BA job cuts signal depth of crisis for airline sector

Post-Brexit Britain will need a viable industry to support global role




de

Heathrow’s third runway plan faces further delay of at least two years

UK airport reports slump in passenger demand as calls resurface for expansion to be axed




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Alex Cruz, BA boss suffering from altitude sickness

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




de

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




de

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 cuts dividend for first time since second world war

Oil price collapse triggered by coronavirus pandemic almost halves Anglo-Dutch group’s earnings




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Shell dividend cut puts Big Oil investment case in focus

Supermajors’ status as reliable income stocks questioned as earnings plunge




de

Oil traders turn to salt caves and train cars in storage crisis

Crash into negative prices jolts producers into cutting back




de

Chevron to slash spending further despite robust first quarter

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




de

Hidden costs of Anbang’s spending spree

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




de

Nigerian border closures cut smuggling but drive up prices

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




de

Endeavour bids £1.5bn for Centamin in gold dealmaking wave

Canadian group makes all-stock proposal public after talks fail to get off ground




de

African entrepreneurs pitch to Alibaba founder Jack Ma

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




de

Global firms under scrutiny in Isabel dos Santos alleged corruption leak

McKinsey, BCG and PwC named in records showing allegations of looting by Angolan billionaire




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Portuguese banker named in dos Santos probe found dead

Suspected suicide comes as Angolan billionaire indicted for money laundering




de

Sibanye-Stillwater chief hails Lonmin deal

Neal Froneman highlights ‘lowest payback period’ after £285m purchase




de

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

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




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Sasol plans South Africa’s biggest rights issue in decades

Petrochemicals group to launch sale of up to $2bn in shares as part of debt reduction push




de

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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Dow enters bear market as pandemic declared

Investors fret over the level of economic stimulus Washington is likely to provide




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Philippines shuts financial markets indefinitely

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




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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




de

Japan’s corporate cash-hoarders have moment in sun

Virus’s swift and unforgiving economic effect may silence activists




de

Hong Kong’s hidebound brokers face coronavirus reckoning

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




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Nationwide pulls tracker mortgages after historic base rate cut 

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 




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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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Lenders sound warning on mortgage holidays

Households urged to consider options such as reduced payments instead of delaying debt




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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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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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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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Few precedents for grim US jobless numbers

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




de

My First Million: Mike Battle, LaplandUK founder

From hedge fund manager to making children’s festive dreams come true




de

Axa criticises regulatory confusion over dividend policy

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




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Aviva, RSA, Direct Line and Hiscox pull dividends 

UK insurers bow to regulatory pressure but L&G has said it would push ahead with payout




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Tesco/UK dividends: welcome to the witch trials

Cancelling payouts should not become a loyalty test




de

Insurer Geico offers $2.5bn of discounts as car accidents dwindle

Industry expects a sharp decline in claims as drivers stay at home during coronavirus pandemic




de

More than £52bn in dividend payments at risk in UK

Almost half of British companies have scrapped payouts in response to coronavirus




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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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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.