aft

London terror attack: man shot dead by police after stabbing — as it happened

Live coverage from the FT.

Read more




aft

Election: Parties back campaigning after London Bridge terror attack — as it happened

The Labour and Conservative parties are making a final push on key issues — border security and rail fares — as the election campaign nears the home stretch. Brexit concerns are also bubbling again.

Read more




aft

Coronavirus latest: Japan stocks fall further after Wall St plummets

Tokyo’s Topix dropped 2.5% at the open, taking the benchmark index down more than 30% for the year. The move followed S&P 500 index's collapse of 12 per cent on Monday, marking the biggest one-day fall since the crash of October 1987.

Read more




aft

Poland postpones presidential vote after bid to defy pandemic fails

With its candidate favourite to win, Law and Justice party was insisting poll should go ahead on May 10




aft

EU’s top court reasserts primacy after German challenge

ECJ issues rare warning over EU legal order after German judges question its superiority




aft

France limits nicotine sales after coronavirus study  

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




aft

Fauci praises remdesivir after data show it speeds recovery

US-run trial of Gilead coronavirus therapy demonstrates ‘significant positive effect’




aft

PG&E posts $3.6bn quarterly loss after wildfire settlement

California utility discloses $5bn pre-tax charge tied to claims




aft

Johnson revives onshore wind farms after 4-year ban

Policy reversal follows Cameron vow to rid UK of ‘unsightly’ structures




aft

What will the UK property market look like after lockdown?

Join our live discussion with buying agent Henry Pryor on Friday May 8 at 12 and 5pm UK time




aft

Stumbling into May after running too fast

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




aft

Turkish lira nears record low after efforts to curb selling

Country’s finance minister seeks to reassure investors on impact of Covid-19




aft

EasyJet boosts cash after fresh pressure from Sir Stelios

Airline’s biggest shareholder calls for CFO’s exit over failure to scrap £4.5bn Airbus order 




aft

Airbus cuts aircraft production by a third

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




aft

Boeing cuts jobs and production as aircraft demand sinks

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




aft

NYSE to review circuit-breakers after sharp drops

US benchmark S&P 500 can drop a maximum 7 per cent before first protection kicks in




aft

LSE to pay dividend after riding market turbulence

Frantic trading across financial markets pushes revenues up at the exchange and financial data group




aft

Prince Andrew repaid own charity after queries from regulator

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




aft

Europe steelmakers cut production after shutdown of car plants

Move illustrates how coronavirus impact is rippling through manufacturing supply chains




aft

Uranium enters bull market after Covid-19 hits supply

Prices rebound from March lows after miner Kazatomprom slashes production




aft

ConocoPhillips takes axe to production after $1.7bn loss

US oil producer pledges to reduce output by more than a third in June




aft

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




aft

Asia stocks higher after latest US coronavirus stimulus

Shares rally this week on hopes that spread of pandemic may be easing




aft

Nationwide pulls tracker mortgages after historic base rate cut 

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




aft

UK housing market put on hold after plea from banks

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties




aft

Maybe Elon Musk won’t save me after all

My love affair with the Tesla chief can’t survive the pandemic




aft

Adidas backtracks on rent freeze after public outcry

Sportswear maker apologises but warns it cannot bear virus lockdown for long   




aft

Louis Bacon’s Moore Capital gains after going it alone

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




aft

European countries ban short selling after markets plunge

‘We are ready to go further,’ says French minister after issuing temporary prohibitions




aft

Crest Nicholson profits tumble after sales hit by Brexit paralysis

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy




aft

Euro weakens after German court ruling on ECB’s bond-buying

Strategists expect concerns about eurozone stability to dent the currency




aft

Thermal coal prices collapse after virus lockdowns sap demand

IEA expects global consumption will decline 8% this year in largest drop since second world war




aft

UK savers give investment funds a boost after election

More than £1bn ploughed into equity vehicles after decisive Conservative victory




aft

Consumers pay big price after free cash machines close

Withdrawal fees soar to £104m and banks save £120m in ATM shake-up




aft

Microsoft shares rise after the tech giant posts 15% growth

Today Microsoft reported its third-quarter, fiscal 2020 quarter earnings, the period of time corresponding to Q1 2020 on the regular calendar. The technology giant generated $35 billion in revenue, up 15% from the year-ago period. That top line led to $13 billion in operating income (+25% YoY), and $10.8 billion in net income (+22% YoY). […]




aft

Wall St ekes out gain after day of US-China trade worry

Renewed friction between Washington and Beijing adds to coronavirus concerns




aft

Wall Street ‘flying blind’ after companies scrap guidance

Profit forecasts ditched as coronavirus disrupts operations




aft

Wall Street closes higher after oil rally takes Brent over $30

Investors anticipate boost in energy demand as economies start to reopen




aft

Tinder to add video dating next quarter, after slowing user growth due to coronavirus

Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn’t […]




aft

Robert Shrimsley: After the coronavirus phone tracker, a few other life-saving apps

Post-lockdown, technology could help us contain Covid-19. But why stop there?




aft

Commercial real estate could be in trouble, even after COVID-19 is over

Commercial real estate owners, brokers and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped along. Now, they’re getting clobbered by the pandemic-fueled economic crisis. Worse, their industry may be forever changed by it. To state the obvious, extracting rent from nearly anyone right now […]




aft

Britain after Brexit will not be alone, but it will be lonelier

The UK is entering a new world, going its own way while superpowers dominate




aft

Powerful House committee demands Jeff Bezos testify after ‘misleading’ statements

Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]




aft

Bangladesh starts to reopen clothing industry after lockdown

Pillar of country’s economy resumes operations despite concerns over workers’ health




aft

Hong Kong exchange chief to step down after failed LSE bid

Charles Li will not seek reappointment when contract expires in October 2021




aft

Franklin Templeton tussles with India regulator after freezing funds

US asset manager apologises following comments by company’s president over debt rules




aft

To Go After Local Neighborhood News And Marketplaces, Hoodline Raises $1.6M

One of the most sought-after, but never quite dominated, frontiers in online media and marketplaces has been centered on local communities. Hoodline, a San Francisco-based startup, is trying to tackle this with a unique focus on news about neighborhood retail corridors. The startup has built up a network of news on about two-dozen neighborhoods across San Francisco as a sort of Trojan horse into a larger platform of hyperlocal listings and markets.




aft

GM to boost electric car investment after battery breakthrough

US carmaker raises spending on EV and autonomous vehicles to $20bn by 2025




aft

Ferguson sticks with main listing in UK after sounding out investors

FTSE 100 plumbing supplier runs into opposition from shareholders over switch to US




aft

Boom says its supersonic XB-1 aircraft test program will be ‘fully carbon neutral’

Commercial aviation isn’t typically the place to look if you’re after carbon-light initiatives. Jet fuel isn’t generally very green, and airplanes burn a lot of it when traversing the skies. But supersonic flight startup Boom wants to change the perception of commercial aviation as an emissions-costly prospect, starting with their testing development program for the […]