Natixis

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Renault  announced last week plans to cut 15,000 jobs worldwide, including 4,600 in France. Photograph: Christophe Ena/AP

Renault finalised on Wednesday a €5 billion loan from the French government, strengthening the car-maker’s finances in the wake of the coronavirus pan(...)

Ahead of the meeting with Donald Trump, US banks unveiled a range of measures to try to mitigate the impact on customers. Photograph: EPA

Donald Trump has summoned some of America’s most senior bankers to an emergency coronavirus meeting on Wednesday as global lenders scramble to respond(...)

A worker is seen at a Tullow Oil explorational drilling site in Lokichar, Kenya. File photograph: Baz Ratner/Reuters

Total and Tullow Oil aim to reduce their stakes in Kenya’s first oil development with a joint sale that could see Tullow exit completely amid uncertai(...)

Mainstream Renewable Power founder Eddie O’Connor. Photograph: Frank Miller

Mainstream Renewable Power, the emerging markets-focused green energy company founded by entrepreneur Eddie O’Connor, has raised $580 million (€522 mi(...)

Investors in US markets feared that poor jobs data could spill over into weaker spending. Photograph: Getty

Global stocks sold off heavily on Wednesday after poor US jobs data compounded a string of weak manufacturing reports and geopolitical concerns, a pil(...)

Jerome Powell will present remarks and take questions from members of the US house of representatives financial services committee this afternoon. Photograph: Getty Images

Concerns about trade policy and a weak global economy “continue to weigh on the US economic outlook” and the Federal Reserve stands ready to “act as a(...)

Glencore   bought Caracal Energy for €1.4 billion in 2014 as part of a plan to grow its African oil business and secure barrels for its muscular trading arm. Photograph: LightRocket via Getty Images

Glencore has hoisted the “for sale” sign over the Chad-focused oil business it acquired five years ago as the miner and commodity trader looks to bols(...)

Facebook tumbled 7.4 per cent after reports that the Federal Trade Commission had secured the right to examine how its practices affect digital competition. Photograph: Niall Carson/PA Wire

European shares recovered from early losses to end Monday higher as gains in healthcare stocks helped head off weakness in trade-sensitive sectors suc(...)

One structure being considered would see UBS hive off its asset-management unit and fold it into Deutsche’s DWS in exchange for shares in the larger group. Photograph: Kai Pfaffenbach/Reuters

The asset-management arms of Deutsche Bank and UBS are in serious talks to merge, according to people close to the discussions, in a deal that would c(...)

An employee working on the production line of an electronics factory in Jiaxing, Zhejiang province. Photograph: Reuters

China’s economy grew at a steady 6.4 per cent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped (...)

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