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The pandemic tests tempers and tolerance in Mexico

Some officials are using Covid-19 to jump on the neoliberal-bashing bandwagon




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France limits nicotine sales after coronavirus study  

Stimulant given as ‘likely’ reason for lower infections but authorities stress health risks




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Coronavirus vaccine: an epidemic of nationalism

First country to get a vaccine could have an economic as well as a health advantage




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Global investors warn S Korea’s Kepco over carbon emissions

State-backed utility under pressure as it plans to invest in new coal mines




mi

Things are not as dire as they might seem for Centrica

If lenders maintain support, the company’s balance sheet may not need an urgent fix




mi

Economic recovery: no favours from savers

British and American consumers are unlikely to ‘spend, spend, spend’ after the lockdowns




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Lex Midweek Letter: Amazon’s May Day mayday

Customers and investors may appear immune to staff complaints but regulators have not lost interest




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Coronavirus tracked: the latest figures as countries fight to contain the pandemic

The FT analyses the scale of outbreaks and the number of deaths around the world




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Credit risk inside the hall of mirrors

Mike Mackenzie’s daily analysis of what’s moving global markets




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Policy response determines plenty

Mike Mackenzie’s daily analysis of what’s moving global markets




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Can governments afford the debts piling up to stabilise economies?

Two experts debate the long-term impact on inflation of the Covid-19 rescue packages




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Russia’s economic woes will clip Putin’s wings

Pandemic combined with collapsing oil prices spells real hardship




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Even in a pandemic, politicians must decide

Being ‘guided by the science’ does not mean hiding behind it




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Markets are out of step with economic reality

Investors are looking to the future, but should beware of over-optimism




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Pandemic is putting banks’ resilience to the test

Regulators must ensure that lenders’ defences are sufficiently robust




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Virus outbreak on French warship sparks military weakness fears

Potential adversaries could seek to exploit vulnerabilities triggered by pandemic, warn analysts




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Invent a greener milk carton for the world

Tetra Pak’s innovation overtook the glass bottle but it needs to be improved




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The perfect apple and the Cosmic Crisp

The biggest brand launch since the Pink Lady is changing the nature of the fruit




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ArcelorMittal: metal polish

Destocking is at an end and global consumption is expected to rise this year




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Sanjeev Gupta pledges to invest €2bn as part of emissions fight

Liberty Steel to modernise European plants in effort to become carbon neutral




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Aluminium industry faces huge supply glut

Thousands of jobs at risk as coronavirus pandemic leads to a fall-off in demand




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Tianqi looks to sell stake in world’s largest lithium mine 

Chinese producer moves to offload some of its majority holding in Australia’s Greenbushes project




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Shortsighted complaints on short-termism

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




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UK Budget can slay the pessimism that fed populism

If stimulus is well targeted, Boris Johnson’s government may achieve something of elegance




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Endeavour bids £1.5bn for Centamin in gold dealmaking wave

Canadian group makes all-stock proposal public after talks fail to get off ground




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South Africa’s miners shut down by power cuts

State utility Eskom removed power to stave off grid collapse




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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




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Sibanye-Stillwater chief hails Lonmin deal

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




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AngloGold sells world’s deepest gold mine in South Africa exit

Move could pave way for company to shift primary listing to London




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Dow enters bear market as pandemic declared

Investors fret over the level of economic stimulus Washington is likely to provide




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My First Million: Andy Scott, turnround specialist

‘There are no warranties when you take on an insolvent company’




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My First Million: Mike Battle, LaplandUK founder

From hedge fund manager to making children’s festive dreams come true




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My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




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Admiral to refund £110m of premiums as drivers stay at home

Move by UK group will put pressure on other insurers to follow suit 




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Admiral shows the insurance industry how it is done

Company to refund fraction of policy premiums to reflect reduction in driving  




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Admiral pulls special dividend but maintains final payout 

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




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How to save pandemic survivors from unemployment

Government must prioritise getting the young back to work




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Free markets must be protected through the pandemic

Sensible and targeted state intervention can help capitalism to thrive post-crisis




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Five ways to protect your post-pandemic pension pot

How will your retirement finances change BC and AC — before and after coronavirus?




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Westminster loses battle over pension fund investments

Court rules government guidance that bans boycotts against foreign countries is unlawful




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US state pension system hit hard by coronavirus pandemic

Sharp falls across financial markets in March have caused large drop in aggregate funded ratio




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Charles Smith, FT journalist, 1935-2018

Editor who raised the profile of the Financial Times’ coverage in Japan




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Sadako Ogata, UN High Commissioner for Refugees, 1927-2019

She turned the agency into a diplomatic and moral force




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Yasuhiro Nakasone, Japan prime minister, 1918-2019

A nationalist who could temper his dogma and made his presence felt across the globe




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Lockdowns lower personal grooming standards, says Unilever

Homeworking prompts decline in demand for consumer group’s skin and haircare products




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The pandemic is yet to dampen demand for luxury goods resales

If anything, it’s only made the most coveted more sought after, as online sellers adapt to cater for their clientele.




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Michael Hintze’s hedge fund hit hard by credit bets

Billionaire CQS trader hurt by exposure to default-ridden energy sector




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A chasm between Wall Street and economic winter

Mike Mackenzie’s daily analysis of what’s moving global markets




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On front-loading economic Covid-19 underperformance

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.




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Coronavirus pandemic deals heavy blow to UK construction activity

Work in the sector slows at fastest rate since financial crisis