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Adidas says lockdown recovery will be ‘gradual rather than instant’

Sportswear maker warns sales could drop as much as 40% in second quarter




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The future of fashion — focus on sustainability

How the crisis will revolutionise brands, fashion weeks and personal style




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Reckitt posts record sales growth as disinfectant demand surges

Group ramps up production of cleaning and sanitising goods amid coronavirus crisis




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The pandemic is yet to dampen demand for luxury goods resales

If anything, it’s only made the most coveted more sought after, as online sellers adapt to cater for their clientele.




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Revolut on the hunt for acquisitions

UK fintech plans to use recent $500m fundraising to buy rivals hit by coronavirus pandemic




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JPMorgan among new backers for paperless voting fintech

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual




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When the banks closed in Wuhan, nobody cared

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation




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Odey called out over Brazil agriculture investment

Global Witness highlights UK hedge fund’s stake in company accused of environmental violations




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EY orders consultants to take time off as work slows

Financial services unit mandate a ‘first step’ in adjusting to decline in business




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Loeb looks to back out of $2.6bn Global Blue deal

Hedge fund billionaire cites Silver Lake-backed company’s reliance on international travel




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Louis Bacon’s Moore Capital gains after going it alone

Billionaire investor hits winning bets in global macro after closing to external money




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Michael Hintze’s hedge fund hit hard by credit bets

Billionaire CQS trader hurt by exposure to default-ridden energy sector




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This market was in trouble long before the virus hit

Harsher medicine this time round would put asset prices on a better long-term footing




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Europe’s banks face a test of resilience

Since their peak almost a month ago, European banks indices have plunged 40 per cent




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Euro 2020 football tournament set to be postponed

Organisers expected to delay flagship event in order to let European domestic leagues finish




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European countries ban short selling after markets plunge

‘We are ready to go further,’ says French minister after issuing temporary prohibitions




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Global stocks, oil and government bonds tumble 

Dow wipes out gains of the Trump presidency amid fears antivirus measures are inadequate




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How Covid-19 tore through global markets in first quarter

Every major asset class has been disrupted




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Trade volumes spike at exchanges across Europe

Coronavirus-linked turmoil draws many investors out into the open




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Global stocks end higher on hopes of oil price war truce

Energy sector leads US S&P 500 to 2.3% gain   




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US stocks in sharp late rally on hopes virus is slowing

S&P 500 surges 7% after coronavirus shows signs of peaking in continental Europe




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Equity market rally runs out of steam

S&P 500 closes lower as investors await more evidence of progress against virus and extra stimulus




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French markets regulator backs extension of short-selling ban

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings




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Wall St urges caution as bulls rush into recovery bets

S&P up 23% from March nadir on back of state coronavirus action — but more falls possible, warn analysts




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US stocks rise on hopes outbreak could be nearing peak

Asia-Pacific indices broadly higher after S&P 500 closes up 3.4%




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A chasm between Wall Street and economic winter

Mike Mackenzie’s daily analysis of what’s moving global markets




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On front-loading economic Covid-19 underperformance

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.




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Wall Street ends higher as investors look past immediate downturn

US stocks shake off loan loss warnings from country’s largest banks




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Wall Street inches higher despite spike in jobless claims 

Investors say ‘astounding’ number of unemployment claims in US had been priced into markets




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Euroclear holds on to its cash ahead of virus downturn

Settlement house delays payout and project to let small shareholders cash out




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Wall Street stages late rally to shave week’s losses

Key measure of American business investment fell only marginally last month




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Global stocks rise as Japan launches new stimulus round

Stocks rise but crude tumbles as world’s largest oil ETF cuts stake




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Slowing coronavirus spread calms US and European markets

Volatility gauges for both regions show sharp falls from historic highs in March




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UK construction sector hit by further fall in new orders

Brexit and election weigh on sentiment as builders suffer eighth month of contraction




e

Cement price rise points to surge in China construction

Experts fear country is embarking on more white elephant projects




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Bloomberg fined €5m over report of fake news release

French regulator says agency failed to verify false story that sent Vinci shares down 18%




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Boom in global sand trade fuels conservation fears

Countries ban exports in attempt to protect environment as consumption is set to soar




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Bill for pair of Carillion hospital projects doubles

Failed outsourcer’s work on Liverpool and Birmingham hospitals running years behind schedule




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Hochtief/Dubai hotels: deconstructed

Middle East building downturn that began in 2015 shows little sign of abating




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Crest Nicholson profits tumble after sales hit by Brexit paralysis

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy




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Decline in UK construction activity slows in January

PMI rises to 8-month high on reduced uncertainty but downturn continues




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3D-printed houses could become concrete reality

The technology has significant potential to shake up the construction sector




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Predatory investors exploit leaseholders’ cladding dilemma

Properties changing hands for tens of thousands less than market value




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Surge in housebuilding boosts UK construction

Activity grew at its fastest pace in more than a year in February




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Capita’s shares hit as investors worry over restructuring

Chief Jon Lewis admits outsourcer has ‘more to do and requires more investment’ than expected




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Women in construction need on-site experience to build their careers

Targets to include more women mean little without cultural change in the industry




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Balfour Beatty: a constructive attitude

Should the UK deliver its promises, infrastructure contractors will be in for a bonanza




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UK housebuilders close sites despite lockdown exemption

Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus




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Building sites start to close despite government advice

Move comes amid escalating political row with London’s mayor over coronavirus risks




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Construction confusion as UK working instructions published then withdrawn

Mixed messages follow industry protests over 2-metre distance ruling