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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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Even in a pandemic, politicians must decide

Being ‘guided by the science’ does not mean hiding behind it




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Pandemic is putting banks’ resilience to the test

Regulators must ensure that lenders’ defences are sufficiently robust




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Bankrupt Lebanon’s turn to IMF is overdue

A bailout is the Mediterranean country’s only option to refloat its sinking economy




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How to move workers on to the land

Replacing migrant fruit and vegetable pickers is harder than expected




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Rolls-Royce ditches profit targets and suspends dividend

Grounding of aircraft around the world due to coronavirus crisis takes toll on UK aero-engine maker




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Boeing suppliers Hexcel and Woodward call off $6.4bn merger

Aircraft parts manufacturers pull plug in first big deal to collapse due to coronavirus pandemic




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US regulator grants exemption for drone flight during lockdown

Oil and gas company in Texas given approval to use unmanned aircraft to inspect vital infrastructure




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




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Boeing cuts jobs and production as aircraft demand sinks

‘We will be a smaller company for a while,’ says chief David Calhoun




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Fund managers push LSE for shorter trading hours

Eight-and-a-half-hour day is needlessly long, say customers




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European regulator takes another shot at ‘dark pools’

Watchdog also offers concession on post-Brexit share trading




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Central banks ‘hesitant’ on digital currencies, says ex-governor

Christian Noyer believes projects available to consumers are a way off yet




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Intercontinental Exchange chief defends eBay approach 

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




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US market data shake-up aims to narrow HFTs’ advantage

SEC sets out proposal to provide investors with faster, broader trading figures




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JPMorgan and Goldman throw weight behind exchange start-up

MEMX is hoping to disrupt the US equities market when it launches in July




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Banks fear Ion/Broadway deal will push up forex fees

Acquisition allows group to build bigger share of the $6.6tn-a-day market




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‘Intense’ trading sends exchange volumes to record

Platforms report soaring activity after coronavirus outbreak spooks investors




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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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US options exchanges prepare to reopen trading floors

Arca in San Francisco and Box in Chicago will throw open their doors on Monday




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Branson clears path to sell $1bn stake in Virgin Galactic

Filing opens door to potential sale of half of Virgin Group’s holding in space venture




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Neiman Marcus creditor eyes online business in bankruptcy fight

Hedge fund calls for court investigation into 2018 transfer of MyTheresa




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Prince Andrew repaid own charity after queries from regulator

Charity Commission intervened over £350,000 of payments to Duke of York’s private secretary




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A £31bn merger and a master dealmaker in action

John Malone shows his adroitness in deal between Liberty Global and Telefónica




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My favourite pieces: Sandra Choi travels far for good accessories

The Jimmy Choo shoe designer says jewellery has influenced her work




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Watch brands move business online to beat lockdown

Pandemic forces rethink of luxury industry after cancellation of fairs




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Watches and Jewellery: May

Global lockdown forces watchmakers to accelerate their digital transformation. Plus: Frédéric Arnault talks about Tag Heuer’s foray into smartwatches; smart jewellery translate sound for deaf people; and the value of vintage motorsport-themed watches is only going one way: up.




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Watches to watch: 10 models from this year’s announcements

Watchmakers press on with new releases, despite the coronavirus




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Wearables speak up for the deaf and the lonely

Smart jewellery can help people with disabilities but funding is needed




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The Apple Card is an expensive way to pay

It is right for the Fed to lead America towards faster and more efficient bank payments




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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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Chasing wealth managers is a risky business

Private banks are fighting to advise billionaires who want a lot for their money




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Juul and the damage done to e-cigarettes

The US is in danger of lurching from lax oversight of vaping to banning it unwisely




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Dyson and the art of making quick decisions

Companies from Boeing to HSBC have discovered the danger of delaying hard choices




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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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Peloton’s sexist Christmas ad has another problem

Misjudged commercial is an example of an especially troublesome type of marketing mistake




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What Japan Inc really thinks about Carlos Ghosn

Downfall of carmaker’s former boss sets up clash between country’s old guard and its reformists




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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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Market rout reopens big gaps between winners and losers

Return of dispersion comes after years of similar returns across sectors




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Stockpickers failed to take ‘big chance’ in market rout

Rise of volatility and dispersion was supposed to bring a change of fortunes versus passive




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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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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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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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Sanjeev Gupta pledges to invest €2bn as part of emissions fight

Liberty Steel to modernise European plants in effort to become carbon neutral




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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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Vedanta chief executive resigns 

Departure comes just weeks after Moody’s cut miner’s rating to junk