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The dangers of cramped coronavirus hotspots

Singapore’s second wave of infections and US meat packers offer cautionary tales




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Markets are out of step with economic reality

Investors are looking to the future, but should beware of over-optimism




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Finding a Covid-19 vaccine needs a global effort

Countries should avoid turning to nationalism and share the burdens




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Now Britain must overcome the fear factor

The government needs to address concerns over the return to normal life




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Stelios complains to regulator as easyJet row intensifies

Founder urges FCA to act as he presses airline to cancel multibillion pound Airbus order




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How coronavirus brought aerospace down to earth

The industry has been one of the hardest hit, with contracts cancelled, production halted and pleas for big bailouts




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Boeing investors could wait ‘years’ for dividend to return

Aircraft maker’s chief executive says focus will be on rebuilding balance sheet post-pandemic




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Coronavirus: Trump in new push to expand testing — as it happened




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Boeing taps bond market for $25bn to tide it over corona crisis

Aircraft maker says strong demand for offering has removed need for government funding




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Intercontinental Exchange chief defends eBay approach 

NYSE owner did not ‘lose its mind’, says Jeffrey Sprecher




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‘Intense’ trading sends exchange volumes to record

Platforms report soaring activity after coronavirus outbreak spooks investors




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TP ICAP hits record trading volumes from market volatility

UK interdealer broker forecasts low single-digit revenue growth for the year




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Could shutting exchanges stop the markets rot?

US Treasury secretary floats idea of shorter trading hours as staffing hit by virus




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Banks press exchanges for virus contingency plans

Industry associations demand detail to manage risk of trading from home




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Interactive Brokers takes $88m hit from crude futures collapse

Shares in brokerage firm drop overnight after it discloses payments to clearing houses




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The Anarchy — East India Company in the dock

This riveting account of how a piratical corporation subjugated India resonates with today’s global capitalism




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The perfect apple and the Cosmic Crisp

The biggest brand launch since the Pink Lady is changing the nature of the fruit




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Saudi Aramco does not rule the world

The valuation of an energy company cannot be engineered like the production of oil




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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




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US executives rush in record numbers to ‘buy the dip’

As the stock market plummeted last month, managers of big companies saw value 




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China’s US stock market flops raise governance concerns  

Companies suffer steep share-price falls while Luckin implosion highlights risks




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Charts that Count: why the market ignores the layoffs

FT's Robert Armstrong looks at a disconnect between the US stock market and the economy




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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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Wall Street jumps on coronavirus treatment hopes

Remdesivir news moves markets more than economic data or Fed action




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How Big Tech got even bigger in the Covid-19 era

Lockdowns have elevated the sector that some analysts thought would fall furthest in a recession




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

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




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Gupta completes acquisition of bankrupt Indian steelmaker

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




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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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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




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Uranium bucks weak commodity trend

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




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Uranium enters bull market after Covid-19 hits supply

Prices rebound from March lows after miner Kazatomprom slashes production




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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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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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Tata Steel may face obstacles in securing Covid loan

Chunk of assets already pledged as collateral could complicate efforts to secure fresh debt




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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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Wizz Air chief bullish over recovery in air travel

Váradi echoes Ryanair’s O’Leary in upbeat outlook as low-cost airline restarts flights from Luton on Friday




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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




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Virgin Atlantic to cut third of staff to survive Covid-19 crisis

Airline to axe up to 3,150 jobs and close London Gatwick operations as it scales back to save business




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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 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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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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Shortsighted complaints on short-termism

Shareholders’ incentives can make them more long-termist than company managers




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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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South African Airways close to collapse

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft




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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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Saudi Telecom to pay $2.4bn for Vodafone Egypt stake

Prospective deal comes as Riyadh-listed STC seeks to expand regionally




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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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Anglo American ‘encouraged’ by South African move to loosen currency controls

Restrictions have hampered miner’s ability to move money out of the country




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Wall Street records first back-to-back gains in over a month

S&P 500 gives back some of its earlier rally as US stimulus package attracts objections on Capitol Hill