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Top executives seek help with mental health during lockdown

Paracelsus Recovery said the rise in requests was mostly from high-flying businessmen who were struggling to adapt to their new style of life.




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Boeing boss warns of lasting effect of Covid-19

Just a day after arch-rival Airbus said it was 'bleeding cash' and may not survive, Boeing boss David Calhoun said: 'It is difficult to estimate when the situation will stabilise.'




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British Airways planning 12,000 redundancies

Coronavirus has wiped out demand and IAG believes it will take several years for air travel to recover to 2019 levels.




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Estate agents under fire for offering viewings during the pandemic

Firms are accusing each other of 'profiteering' from the pandemic. An estate agency in the Lake District sparked a debate after it said it had completed a viewing on a £1.25m home.




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Dixons Carphone's online sales rise 166% in five weeks

The group, which has scrapped its dividend for shareholders and furloughed 16,500 staff, saw its share price jump over 19 per cent earlier today.




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P&O owner begs for £150m bailout as it plans to give investors £270m 

Dubai-based DP World says P&O needs the emergency cash to avoid collapse during the virus crisis.




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Persimmon suffers 'material' slowdown in sales during lockdown

While the group got off to a strong start this year, social distancing, Government lockdown interventions and economic uncertainty have started to take their toll.




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British make-up brand Charlotte Tilbury at centre of £1bn bidding war

It is thought that the brand, founded by make-up artist Charlotte Tilbury, 47, (pictured to the right of human rights lawyer Amal Clooney) could fetch more than £1bn.




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Big offices are now a thing of the past, says Barclays boss

Staley (pictured with wife Debora) said the coronavirus would have a lasting impact on where staff work. Around 70,000 of Barclays 80,000 employees are working from home.




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The worst could be over in six months, say UK drug giants

Glaxosmithkline, led by Emma Walmsley (pictured) and Astrazeneca both revealed a surge in first-quarter sales. Walmsley warned vaccines are not likely to become available for more than a year.




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Shares rally after worst quarter for pensions

The FTSE 100 index rose 156.75 points to 6115.25, closing above the 6000 mark for the first time since early March, despite data showing the US economy shrank 4.8 per cent in the first quarter.




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Covid winners: The tech tycoons & money men making a mint

Amazon is expected to report profits of more than £7500 a second, meaning founder Jeff Bezos (pictured with girlfriend Lauren Sanchez) has added billions of dollars to his personal fortune.




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Shell in first dividend cut since WW2: Blow to pensions

Last year Shell was the most generous dividend payer in the UK, handing pension funds and investors £11.6bn.That amounted to 15.5 per cent of all payments made by FTSE 100 firms.




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Twitter sales plunge 27% but users grow

The US social media group said 14m more users are using its platform every day compared to a year ago, taking the total number to 166m.




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Elon Musk brands lockdown 'fascist' and claims it poses risk to Tesla 

Tesla's factory in Fremont, California, has been closed since March 24 as part of a government clampdown, requiring people to stay indoors to slow the spread of the coronavirus.




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Tesla shares fell by nearly 13 per cent after Elon Musk tweet

The billionaire, 48, made the comment yesterday in a string of tweets that also saw him reveal he was selling all of his possessions and demand that authorities give people back 'their freedom'.




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DIRECTOR'S DEALS: Diageo's Asia boss sells £746,000 worth of shares

Sam Fischer spent £479,000 exercising options to buy 28,000 shares at 1709p. He later sold the stock at 2663p, netting £267,000. Diageo's market value has fallen 14 per cent this year.




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McDonald's to open 15 restaurants for takeaway and delivery on May 13 

The fast food business's 1,350 restaurants have been closed since the Government brought in lockdown measures in March due to concerns over staff and customer safety.




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Frontier Developments lands rights to create Warhammer video game

The Cambridge-based software firm will create a 'strategy' title based on the hugely successful fantasy series that will be released on computer and game consoles such as Xbox and Playstation.




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Easyjet founder warns shareholders on 'worthless' stakes

Sir Stelios Haji-Ioannou urged them to back his bid to oust four directors at a meeting on May 22 as he thinks the order is a waste of money with the balance sheet already under threat from coronavirus.




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How come global stock markets had their best month in years?

According to the FTSE All-World Index, which measures the performance of thousands of companies around the world, global stocks grew at their highest monthly level in nine years.




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Ski firm Sunweb faces legal fight over ticket refund plan

Sunweb is said to have initially offered customers a full refund by March 31 after Tomorrowland Winter at the French resort Alpe d'Huez, was called off because of the coronavirus.




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Manufacturing activity in eurozone at record low

The IHS Markit Manufacturing Purchasing Managers' Index gave a reading of 33.4 in April - significantly below the 50 mark which indicates activity was flat.




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Businesses scramble to get hold of new fast-track loans

In an indictment of the failure of the Government's original aid schemes to help many businesses, lenders received tens of thousands of applications for the new 'Bounce Back' loans within hours.




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JCrew crushed under a debt mountain of £1.3bn

The US fashion brand's lenders will inject £322m of cash and take control of the chain at the same time as cancelling its debt. The preppy brand counts Meghan Markle among its high profile fans.




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O2 in £24bn merger talks with Virgin Media

The tie-up would transform the telecoms market overnight, creating a powerhouse to challenge former state monopoly BT.




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Furloughed Sports Direct staff 'told to come to work'

Staff were asked to go into closed stores once a week and pack up stock so it could be sold online, but were told not to clock in, whistleblowers told the Guardian newspaper.




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Gatwick future under threat as Virgin Atlantic ends operations

Virgin blamed the 'severe impact' of coronavirus, which has prompted travel restrictions and forced airlines to ground fleets, and it comes just days after BA said it could also leave.




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Watchdog warns audit firms to up their game and stop misleading

The Financial Reporting Council has found most accounting firms are failing to assess whether their audits of major companies are any good until after they have already published them.




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LCF victims to find out if they will be able to claim compensation

The Financial Services Compensation Scheme is looking at claims from 12,000 savers who bought so-called mini bonds from LCF and were left high and dry when the company collapsed.




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MARKET REPORT: Tech veteran's swoop on Saatchi boosts firm's fortunes

Serial investor Vin Murria, an adviser at Hgcapital, bought 13.25 per cent of the AIM-listed company's shares on April 30, according to a stock market announcement yesterday.




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Pandemic wipes £1billion off Disney's quarterly profits

The US giant said it will reopen its Shanghai Disneyland park on May 11 but severely limit the number of guests and enforce strict social distancing measures on rides and in restaurants.




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MARKETS LIVE: Bank of England warns UK faces worst ever recession

FTSE 100 closed up 1.4 per cent or 82.22 points at 5,935.98 and the pound was at $1.23 against the dollar.




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BA owner says misery will last until 2023 as it reports $1.5bn losses

IAG said it is 'planning a meaningful return to service' in July. But it conceded the plans were 'highly uncertain and subject to the easing of lockdowns and travel restrictions' globally.




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What car making in a coronavirus era looks like for Aston Martin

From temperature tests on arrival to face masks and two-metre distancing, this is the first glimpse of how manufacturing in Britain could look in the wake of the lockdown.




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ALEX BRUMMER: Covid-19 will take the economy on a bare knuckle ride

By unhappy coincidence, the anniversary of the most rapturous day in British history, victory in the war against Nazi evil, comes amid a dismal historic message from the Bank of England.




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Big Oil could be a gusher: Shell and BP are down - but not out! 

A global oil glut has forced Shell to cut its quarterly dividend by 66 per cent, a move that leaves millions of investors as well as savers in pensions and equity income funds suddenly poorer.




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Ocado now worth more than Sainsbury's, Morrisons and M&S combined

The company's market value has rocketed 46 per cent this year to £13.1bn. The three rivals, in contrast, have all seen their share prices fall and are now worth less than £11bn put together.




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Man United forward Alexis Sanchez picks up another injury

Manchester United forward Alexis Sanchez limped off with an apparent hamstring injury during Chile's Copa America defeat to Argentina on Saturday night.




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Alexis Sanchez agreed to new Arsenal contract before Man United move

Alexis Sanchez agreed to a new Arsenal contract before staging a last minute U-turn, according to the club's former transfer negotiator Dick Law.




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Man United News: Solskjaer convinced he can still get the best out of Paul Pogba

CHRIS WHEELER IN PERTH: Pogba and his agent Mino Raiola have made no secret of his desire to leave, but Solskjaer believes he can motivate United's record signing to be a key player.




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Manchester United News: Ole Gunnar Solskjaer's best business yet was persuading De Gea to stay

JOE BERNSTEIN: With world-class players at a premium, the news that David De Gea is set to sign a new contract at Old Trafford gives Ole Gunnar Solskjaer a massive boost during a difficult period.




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Manchester United news: Alexis Sanchez joins up with team-mates for first time since Copa America

Alex Sanchez began his pre-season with Manchester United three weeks after his Chile side suffered defeat by Argentina in the Copa America third place play-off.




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Alexis Sanchez returned to training this week - but £500,000-a-week flop's future looks bleak

A year ago, Alexis Sanchez was the star attraction on Manchester United's tour of the United States. Now, he returns for pre-season training needing to salvage his Old Trafford career.




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First yellow of the season! Manchester United forward Alexis Sanchez receives car parking ticket

The Chilean international, who is currently nursing a hamstring injury, returned to his car in Wilmslow after taking a train from London, only to discover that a parking warden had paid it a visit.




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Transfer news: Man United outcasts Romelu Lukaku and Alexis Sanchez enjoy a laugh at training

With Manchester United's pre-season in full flow, Romelu Lukaku and Alexis Sanchez have been enjoying their time away from the preparations as they shared a laugh at Carrington.




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Man United news: Outcast Alexis Sanchez has to start playing with a smile, says Robin van Persie

Van Persie can sympathise with Sanchez. He, too, swapped Arsenal for United. He, too, knows the baggage that comes with life at Old Trafford.




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Man United boss Ole Gunnar Solskjaer believes his side will benefit from Romelu Lukaku's move

United failed to replace Lukaku before Thursday's transfer deadline, but Solskjaer believes his departure will benefit Mason Greenwood and the more fluid forward line he wants in his team.




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Transfer news: Roma 'hold talks with Manchester United over the loan signing of Alexis Sanchez'

The Chilean winger has struggled to make in impact since arriving at Old Trafford from Arsenal in 2018, and was given an extended break during pre-season after the Copa America.




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Alexis Sanchez and Manchester United youngster Mason Greenwood clashed in pre-season

Alexis Sanchez was apparently left fuming after clashing with youngster Mason Greenwood while on Manchester United's pre-season tour. Sanchez is currently recovering from a hamstring injury.