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Coal India April shipments fall 25.5%

Bloomberg Coal India Ltd’s shipments in April slumped 25.5% from a year earlier after more than a month-long nationwide lockdown halted economic activity, eroding demand for India’s most dominant energy source. Shipments dropped to 39.1 million tons in the month, the Kolkata-based miner said in a filing. Output declined 10.9% to 40.4 million tons. Global coal demand is heading for ...

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Trump weighs China stock ban for $50bn of Federal savings

Bloomberg President Donald Trump is exploring blocking a government retirement fund from investing in Chinese equities considered a national security risk, a person familiar with the internal deliberations said. The Thrift Savings Plan — the federal government’s retirement savings fund — is scheduled to transfer roughly $50 billion of its international fund to mirror an MSCI All Country World Index, ...

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UK to publish back-to-work plans as firms press for help

Bloomberg The UK government will give companies guidance in within days on how to return to work safely once the coronavirus lockdown is eased, as it comes under pressure from business not to withdraw its financial support too soon. Firms will get advice on different types of workplace activity, including operating outdoors or inside someone else’s home, according to two ...

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