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Hochschild to restart Peru operations after Covid-19 suspensions
Hochschild Mining said it was restarting operations at its Inmaculada and Pallancata mines in Peru and expected to reissue full year guidance once it hit full production and the overall impact of coronavirus suspensions was clear.
Ryanair looking at big first quarter loss, Mitchells & Butlers extends waiver with lenders
London open The FTSE 100 is expected to open 95 points higher on Monday, having closed up 1. 01% at 5,799. 77 on Friday.
London pre-open: Stocks to rise amid lockdown easing hopes
London stocks were set to rise at the open on Monday amid optimism over lockdown easing as coronavirus death tolls in Europe and the UK continue to decline.
Monday newspaper round-up: Heathrow boss, entry-level jobs, dividends
The boss of Heathrow has urged the government to develop plans to restart travel between “low-risk countries” as global lockdown measures are eased. John Holland-Kaye, chief executive of the busiest airport in Britain, said the UK should adopt a risk-based approach to flights and warned that the UK economy will suffer if blanket travel restrictions continue. He also backed the idea of “immunity passports” to allow people who have already had Covid-19 to travel more freely.
Mitchells & Butlers gets extension to financing waiver
Mitchells & Butlers said the waiver agreed with lenders to avoid a breach of its financing terms had been extended for three weeks.