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Full List Of Stories
30 Apr
Shell oil tanker and Qatar Airways jet, transport, energy
Shell cuts dividend for first time in 80 years as profit plunges

Royal Dutch Shell slashed its dividend for the first time since 1945, saying it was “imprudent” to maintain payouts as the coronavirus levels devastated oil demand and prices.

30 Apr
Lloyds profits nosedive on £1.4bn coronavirus provision

First quarter pre-tax profits at Lloyds Bank almost disappeared as the bank braced itself for the impact of the coronavirus pandemic with a massive provision against bad loans.

30 Apr
John Laing to pay dividend; New CEO appointed

Infrastructure investor John Laing said it would pay a dividend based on a strong balance sheet and liquidity position, despite the coronavirus lockdown.

30 Apr
Evraz Q1 crude steel output rises

First quarter consolidated crude steel output at Evraz rose by 3. 2% quarter on quarter, mainly due to completion of capital repairs at its NTMK plant, the company said on Thursday.

29 Apr
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NMC Health founder says 'small group' committed fraud

Former and current executives at NMC Health and payments firm Finablr opened fraudulent bank accounts, issuing cheques and loans using forged signatures, the founder of both companies said on Wednesday.

29 Apr
Next sales plunge 41% as Covid-19 impact worse than feared

Fashion retailer Next pulled its dividend plan and share buybacks to save almost £500m as sales plunged faster than expected due to the coronavirus lockdown.

29 Apr
Trainline lenders agree waiver on RCF

Rail and coach ticketing website Trainline said lenders had waived covenants on the company's £350m revolving credit facility until August 2021 to help it through the Covid-19 pandemic.

29 Apr
Dixons Carphone, electrical retail
Dixons scraps divi; Online sales offsetting store closure impact

Electrical retailer Dixons Carphone scrapped its dividend amid the ongoing coronavirus crisis adding that consumer shopping habits had adapted to life under the lockdown.

28 Apr
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BP profits slump 66% as Covid-19 'destroys' oil demand

First quarter profits at BP slumped by 66% on collapsing oil prices and “demand destruction” caused by the coronavirus pandemic although the company still decided to retain a dividend.

28 Apr
Diageo in $2.5bn bond offering

Beer and spirits maker Diageo on Tuesday said it was launching a $2. 5bn bond offering.

28 Apr
Senior wins 10 year contract extension with MTU Aero

Engineering group Senior said it had won a 10-year contract extension with MTU Aero Engines to supply Pratt & Whitney engine airfoils worth an extra $330m in sales revenue.

28 Apr
Forterra to fire up kiln this week as house builders resume work

Brick maker Forterra said it would fire up one of its kilns this week and restart production for the first time since the government lockdown imposed last month to battle the coronavirus pandemic.

27 Apr
InterContinental Hotels secures new funding as March revPAR slumps

InterContinental Hotels Group said it had secured new financing arrangements taking its total available liquidity to $2bn as it forecast a 55% fall in room revenues for March due to the Covid-19 pandemic.

27 Apr
Airbus warns of deep job cuts as Covid-19 hammers production

Airbus has warned its workers to prepare for massive job cuts as the company bled cash “at an unprecedented speed" due to the coronavirus pandemic.

27 Apr
Capita wins £60m UK govt contract extension

Capita said it had won a contract extension worth £60m to continue the administrating the Teachers’ Pension Scheme for the UK's Department for Education.

27 Apr
Admiral pulls special dividend; sticks with final payout

Insurance group Admiral said it would suspend a special dividend of 20. 7p a share but stick with its final 56. 3p payout, citing a strong solvency position.

24 Apr
senior plc
Senior pulls planned sale of aerostructures unit

Aerospace engineering Senior pulled the planned sale of its Aerostructures business despite receiving “strong interest” from potential buyers.

24 Apr
Persimmon to start reopening sites from April 27

House builder Persimmon said it would start a phased re-opening of its construction sites from April 27 as the industry looked to emerge from the coronavirus pandemic lockdown.

23 Apr
unilever ben and jerry
Unilever holds dividend, pulls guidance as ice-cream sales melt

Consumer goods company Unilever maintained its quarterly dividend but pulled full year guidance on flat first quarter sales as the coronavirus pandemic hit its food service and ice-cream business.

23 Apr
AJ Bell Q1 customer numbers up as AUA slumps on Covid woes

Second quarter assets under administration at investment platform AJ Bell fell 12% as markets plunged due to the Covid-19 pandemic.