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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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Tianqi looks to sell stake in world’s largest lithium mine 

Chinese producer moves to offload some of its majority holding in Australia’s Greenbushes project




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Barrick Gold buys 800,000 antibody test kits

Chief executive Mark Bristow says miner has taken lessons on tackling coronavirus from experience of Ebola outbreak




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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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BHP and Rio see solid rebound in China’s steel sector

Country’s production this year expected to top 2019 if coronavirus kept at bay




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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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BA job cuts: peanut analogy

One year saving for airline would be just 5 per cent of ex-fuel operating costs




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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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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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Norwegian Air: taking a flyer

Lenders and lessors had little alternative but to accept the debt-for equity swap




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‘Too hard to tell’ if US travel ban will be lifted this year, says Mnuchin

Treasury secretary’s comments compound woes for airline sector hit by Buffett’s share sale




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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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Space or bust: Richard Branson’s Virgin dilemma

How Virgin Galactic might help the rest of the group escape the gravitational pull of coronavirus




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Why the oil market is even weaker than you think

Producers’ realised prices are lower than they appear, while traders are braced for more turmoil




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

Crash into negative prices jolts producers into cutting back




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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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Hedge fund rules make financial system fragile

Charging 2 per cent to hold assets when returns are low is wrong, writes Sebastian Mallaby




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Whether they raise or hold, central bankers are due a fall

In future it may have to be budget stimulus that rides to the rescue




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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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Market froth and low inflation alarm some

It is always easy for central banks to find reasons not to act




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UK Budget can slay the pessimism that fed populism

If stimulus is well targeted, Boris Johnson’s government may achieve something of elegance




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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 close to collapse

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




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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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Vodafone targets Africa’s unbanked with plans for M-Pesa

Telecoms group seeks to turn mobile payments unit into provider of wider services




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Nigeria ratifies finance law in boost for small business

Legislation cuts taxes for some enterprises while increasing VAT




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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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South African Airways suspends some flights to save cash

State-backed carrier starts cancelling flights as vital government funding is delayed




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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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South African miners applaud move to cut reliance on Eskom power

Pretoria has waived rules that prevented mining groups generating electricity for their own use




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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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Sibanye-Stillwater chief hails Lonmin deal

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




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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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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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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




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African health officials warn of chronic medical shortages

Central African Republic has just three ventilators for its 5m people




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UAE groups implicated in suspected violation of Libyan arms embargo 

Two Gulf companies shipped jet fuel to renegade general Khalifa Haftar, documents show




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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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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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SoftBank: back to buybacks

Japanese tech group’s splurge on its own shares is not enough to impress investors




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Short bans/market closures: they amplify panic

Trading restrictions did not work in the past; there is less reason for them to work this time




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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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SoftBank: money gobbler

The Japanese tech investment group is looking increasingly challenged




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GPIF hunts for overseas bonds to escape Japan’s low yields

Strategy shift comes shortly after $1.4tn fund’s CIO tweeted he was stepping down




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Japan’s corporate cash-hoarders have moment in sun

Virus’s swift and unforgiving economic effect may silence activists