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Stock markets sink amid alarm at Covid surge
Financial markets have tumbled around the world amid concerns that a rise in coronavirus cases will hurt still tentative economic recoveries.
Major US indexes were down about 3% or more at mid-day in New York, while European bourses!-->!-->!-->…
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PARIS CDG OVERTAKES LONDON HEATHROW AS EUROPE’S BUSIEST AIRPORT
London Heathrow, for decades the busiest airport in Europe, has lost the title to Paris Charles de Gaulle.
The revelation was made by the chief executive of Heathrow, John Holland-Kaye, as he announced heavy financial results for the!-->!-->!-->…
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Red tape is back post-Brexit, but will it be ready?
For decades, the UK's membership of the EU's single market and customs union has meant trade with the Continent has been a case of "load and go".
As this ends in a few weeks' time, the red tape that once existed on this trade will!-->!-->!-->…
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HSBC to accelerate restructuring plan to cut costs
HSBC has said it will accelerate its restructuring plan, slashing costs further than previously suggested.
The bank made the announcement as it reported a quarterly pre-tax profit of $3.1bn (£2.3bn) - down 35% from the same period last!-->!-->!-->…
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BP returns to profit but pandemic weighs on demand
BP returned to profit in the third quarter, but the global coronavirus crisis continued to hit demand for oil.
BP said underlying replacement cost profit, its definition of net income, was $86m (£66m) from July to September.
That was!-->!-->!-->!-->!-->…
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Jack Ma’s Ant Group set for record $34bn market debut
Chinese financial technology giant Ant Group looks set to make the world's largest stock market debut.
Ant, backed by Jack Ma, billionaire founder of e-commerce platform Alibaba, is to sell shares worth about $34.4bn (£26.5bn) on the!-->!-->!-->…
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Stock markets slide as Covid-19 cases rise
US stock markets suffered their sharpest drop in weeks as concerns about the economic impact of surging coronavirus cases sent shares tumbling.
The Dow Jones Industrial Average closed down 2.3%, after dropping more than 3% earlier in!-->!-->!-->…
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Facebook, Google and Microsoft ‘avoiding $3bn in tax in poor nations’
Google, Facebook and Microsoft should be paying more corporation tax in developing nations, says ActionAid.
The aid charity estimates that poorer countries are missing out on up to $2.8bn (£2.2bn) in tax revenue that could be used to!-->!-->!-->…
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Hopes of shake-up at Samsung after death of chairman
Speculation is mounting that Samsung could be shaken up after the death of chairman Lee Kun-hee.
Shares in several Samsung businesses rose amid reports that his heirs could be forced into asset sales or dividend payments in order to pay!-->!-->!-->…
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American Airlines plans customer tours of Boeing 737 Max and pilot calls to boost confidence in jets
American Airlines is planning customer tours of the Boeing 737 Max and calls with its pilots in the coming weeks to boost the public’s confidence in the plane after two fatal crashes.
The jets were grounded worldwide more than a year!-->!-->!-->…
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