European aerospace group confirms it will slash output of popular A320 single-aisle jet

Founder urges FCA to act as he presses airline to cancel multibillion pound Airbus order

Guillaume Faury tells employees in letter that lockdown threatens manufacturer’s existence

The pandemic has made airlines reluctant or unable to accept new jets

Aircraft maker’s chief executive says focus will be on rebuilding balance sheet post-pandemic

‘We will be a smaller company for a while,’ says chief David Calhoun

US aircraft maker can get along fine without any bailouts

Industry bodies had been lobbying for longer postponement over fears of hit to bond markets

SEC sets out proposal to provide investors with faster, broader trading figures

Dutch bank was forced to close out positions at substantial loss

Charity Commission intervened over £350,000 of payments to Duke of York’s private secretary

Energy companies facing climate protests need to limit the wasteful use of their products

Fortunes are created by technology and globalisation, as well as talent and enterprise

Rise of volatility and dispersion was supposed to bring a change of fortunes versus passive

Companies suffer steep share-price falls while Luckin implosion highlights risks

European equities slip after ECB launches fresh push to bolster region’s banking system

Homeowners must use ‘cleaner alternatives’ for coal fires and wood-burning stoves from 2021

Price of key steelmaking ingredient has held up, despite big drop in economic activity

Steelmaker says more funding needed given scale and length of lockdown disruption

German airline looks at procedure similar to Chapter 11 bankruptcy amid dispute over bailout conditions

Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse

Váradi echoes Ryanair’s O’Leary in upbeat outlook as low-cost airline restarts flights from Luton on Friday

Post-Brexit Britain will need a viable industry to support global role

Europe’s largest low-cost airline expects return to 2019 passenger levels to take 2 years

Incoming CEO tells investors and carrier’s 96,000 staff that he will not duck hard decisions

Lenders and lessors had little alternative but to accept the debt-for equity swap

Virgin Atlantic could be followed by British Airways in abandoning UK’s second-biggest gateway

Crash into negative prices jolts producers into cutting back

Shareholders’ incentives can make them more long-termist than company managers

In future it may have to be budget stimulus that rides to the rescue

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft

First state company to enter business rescue since end of apartheid

State-backed carrier starts cancelling flights as vital government funding is delayed

Neal Froneman highlights ‘lowest payback period’ after £285m purchase

S&P 500 gives back some of its earlier rally as US stimulus package attracts objections on Capitol Hill

Emergency move to prevent people being thrown out because of virus

Regulator says US mortgage guarantors have sufficient resources for about 12 weeks

There is a grim irony in the wealthy seeking bailouts due to bad bets on working people

As young renters feel the pain, parents are having to bridge the financial gaps

The time it takes for employees to be assessed is putting companies in delicate legal territory

Calls for safety assurances despite concern over educational impact

Survival of coastal city’s vibrant arts scene will depend on community ‘being on the front foot’

FCA warns failure to act could count against provider’s regulatory record

Hiscox expects $150m of claims while Beazley expects to pay out $170m

Insurers have been urged by regulators to reconsider shareholder payments during lockdown

What is it that makes an online performance really sing?

DIY investors and those in pensions drawdown scramble to adapt as stock markets plunge 

Vietnam vet and old-school conservative whose friendships crossed the political aisle