mo

FDA flags risks for virus drug promoted by Trump

US regulator cautions against using chloroquine outside of hospitals or clinical trials




mo

Cost of vaccinating billions against Covid-19 put at more than $20bn

Sum far exceeds $8bn fundraising target at upcoming EU-led donors’ conference




mo

Intel: Moovit or lose it

Chipmaker likely to be interested in app’s traffic data rather than its customers




mo

Will the Bank of England announce more QE?

Market Questions is the FT’s guide to the week ahead




mo

Iran’s parliament backs move to cut 4 zeros from its currency

Rial to be changed to the toman after five decades of inflation




mo

UK pound slips more than 1% in first two trading days of May

Sterling under pressure from US-China angst and renewed Brexit concerns




mo

Global economy is at risk from monetary policy black hole

Governments should borrow more to stave off secular stagnation




mo

How to move workers on to the land

Replacing migrant fruit and vegetable pickers is harder than expected




mo

JPMorgan and Goldman throw weight behind exchange start-up

MEMX is hoping to disrupt the US equities market when it launches in July




mo

Watch brands move business online to beat lockdown

Pandemic forces rethink of luxury industry after cancellation of fairs




mo

Watches to watch: 10 models from this year’s announcements

Watchmakers press on with new releases, despite the coronavirus




mo

Fashion lovers snap up revamps of famous watches

Tweaked timepieces popular with public but some original makers cry foul




mo

Motorsport watches roar into pole position

Timepieces linked with F1 and other races have increased by up to 40 times since 2010




mo

A diamond is not forever at a fashion house

LVMH’s $14.5bn bid for Tiffany shows power passing from gem miners to luxury marketers




mo

China’s internet interference is TikTok famous

The video app loved by teenagers is powered by artificial intelligence and protectionism




mo

Muddy Waters/Luckin: got his mojo workin’

The after-effects of triumphant bets on Chinese companies should spur more gains for sceptics




mo

US stocks close out best month since 1987

Central bank support and rising hopes for economic reopening spark April rally




mo

Uranium bucks weak commodity trend

Radioactive material at risk of supply shocks given small number of dominant mines




mo

Rio Tinto expects rising commodity demand from China

Anglo-Australian mining group benefits from resilient iron ore price




mo

ExxonMobil suffers $610m loss after hit from oil and gas prices

Biggest US oil company takes $2.9bn charge to account for crude’s plunge




mo

South African miners applaud move to cut reliance on Eskom power

Pretoria has waived rules that prevented mining groups generating electricity for their own use




mo

Angola’s state diamond group seeks global partners to become a top 3 producer

Endiama chief wants ‘radical change’ in overhaul of country’s scandal-hit gem industry




mo

Anglo American ‘encouraged’ by South African move to loosen currency controls

Restrictions have hampered miner’s ability to move money out of the country




mo

De Beers to cut diamond production by 20 per cent this year

World’s second-largest diamond miner cites disruption along the supply chain




mo

SoftBank: money gobbler

The Japanese tech investment group is looking increasingly challenged




mo

Wall Street records first back-to-back gains in over a month

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




mo

Japan’s corporate cash-hoarders have moment in sun

Virus’s swift and unforgiving economic effect may silence activists




mo

Nationwide pulls tracker mortgages after historic base rate cut 

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 




mo

Fed buys more mortgage bonds as rates rise above 4%

US central bank accelerates purchases to stabilise market for securities backed by home loans




mo

Lenders sound warning on mortgage holidays

Households urged to consider options such as reduced payments instead of delaying debt




mo

Banks say Fed rescue threatens mortgage hedging strategies 

Regulatory action sought to prevent intervention from having unintended consequences




mo

US mortgage lenders face liquidity crunch

Non-bank lenders put on downgrade watch as sector braces for wave of borrowers not paying




mo

Moral hazard, again

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




mo

UK property market moves into cold storage

Experts predict transactions could plunge 50 per cent year-on-year, but what could it mean for house prices? 




mo

£1m-plus mortgage borrowers pay over the odds

Interest rate disparity could add nearly £2,500 per month to the cost of servicing a £5m mortgage 




mo

Home improvers hit by remortgage problems

Dig downs and loft extensions may increase the value of a home, but it’s hard to borrow against this




mo

More than £52bn in dividend payments at risk in UK

Almost half of British companies have scrapped payouts in response to coronavirus




mo

Markets should beware this morally hazardous approach to policymaking

Central banks repeatedly set the stage for the next boom and bust cycle, fuelled by growing debt




mo

Virgin Money profits halve as it prepares for surge in bad loans

UK lender is latest to warn coronavirus-induced economic disruption will hit its clients




mo

More than £2bn lent under ‘bounce back’ scheme on first day

Light touch checks on UK borrowers raise fears of defaults on loans and fraud




mo

Force banks to take on more capital, says Sajid Javid

Former chancellor urges lenders to keep credit flowing and not just weather the storm




mo

Jake LaMotta, US boxer, 1922-2017

World champion whose life and career inspired the Oscar-winning ‘Raging Bull’




mo

A sports addict’s diary: my ‘Morning in America’

From Wimbledon to Lord’s, this summer has been a gift that — technology permitting — keeps on giving




mo

Robert Morgenthau, Manhattan district attorney, 1919-2019

He became the scourge of the Mob and white-collar crime in New York




mo

Smokers stock up on tobacco and nicotine products

Legal marijuana producers also report spike in demand during lockdown 




mo

P&G sales boom as stay-at-homers do more laundry

Cleaning products up, shaving items and make-up down in household goods group’s best quarter in years




mo

JPMorgan among new backers for paperless voting fintech

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual




mo

Louis Bacon’s Moore Capital gains after going it alone

Billionaire investor hits winning bets in global macro after closing to external money




mo

Carrie Lam mounts Hong Kong charm offensive in Davos

Chief executive defends government’s handing of protesters and police conduct




mo

Brexit solved with the sword of Damocles

The UK is being belligerent, the EU inflexible. But a deal can be done this year