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International Consolidated Airlines Group, S.A. (IAG.MC)

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  • FTSE Nearly Wipes Out Weekly Gains; Continental European Markets Closed
    FX Empire

    FTSE Nearly Wipes Out Weekly Gains; Continental European Markets Closed

    The FTSE 100 was under pressure on Friday despite U.K. Prime Minister Boris Johnson’s pledge to lay out a plan to exit nationwide lockdowns. British manufacturers suffered their worst decline in output for three decades in April. BA reportedly intends to cut 1,130 of its 4,346 flight captain and co-pilot jobs.