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Hiscox to raise £400m as it fights firms over coronavirus payouts

The insurance giant said it would sell up to 58m shares, which at last night's price of 692.4p would be worth £400m, collecting the money so it could 'respond to future growth opportunities'.




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UK Cinemas set to reopen in July, Vue boss says 

Vue boss Tim Richards is 'hopeful' that venues can be open in time for the release date of Nolan's new film, Tenet (starring John David Washington and Robert Pattinson, pictured) on July 17.




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MARKET REPORT: Hiscox raises £375m to ride out Covid-19 storm

The Lloyd's of London insurer was a top FTSE 250 riser after placing the 57.6m shares, priced at 650p. This was 6 per cent cheaper than its share price the day before the fundraising launched.




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Ocado cent of investors shun £58m pay deal for boss Tim Steiner

Just hours after the online grocer revealed sales have jumped more than 40 per cent in the last five weeks, it emerged that 29.7 per cent of investors had voted against top pay at the company.




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Pandemic wipes £1billion off Disney's quarterly profits

The US giant said it will reopen its Shanghai Disneyland park on May 11 but severely limit the number of guests and enforce strict social distancing measures on rides and in restaurants.




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MARKET REPORT: Rolls-Royce investors rocked

The FTSE-listed group will struggle after the number of hours its engines spent flying in April fell by 90 per cent. Across the first four months of the year, flying hours dropped 40 per cent.




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BA owner says misery will last until 2023 as it reports $1.5bn losses

IAG said it is 'planning a meaningful return to service' in July. But it conceded the plans were 'highly uncertain and subject to the easing of lockdowns and travel restrictions' globally.




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Tesla boss Elon Musk eyes £600m bonus as shares soar

The electric car maker has clocked up a six-month period with an average market capitalisation of $100bn (£81bn), the main requirement for Musk to receive the first payout under a reward scheme.




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Telecoms Goliaths Virgin Media and O2 in £31bn mega merger

Liberty Global and Telefonica - parent firms of Virgin Media and O2 respectively - said they had agreed a deal after announcing talks were under way on Monday.




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BT takes axe to dividend: No annual payout for first time since 1984 

Chief exec Philip Jansen (pictured) said the company now aims to offer fibre to 4.5m homes and businesses by next March and 20m by the mid to late-2020s, up from a previous target of 15m..




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ALEX BRUMMER: Covid-19 will take the economy on a bare knuckle ride

By unhappy coincidence, the anniversary of the most rapturous day in British history, victory in the war against Nazi evil, comes amid a dismal historic message from the Bank of England.




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US unemployment hits 14.7% after 20m jobs are lost in just one month 

In a sign of the devastating impact the coronavirus pandemic is having on business, the unemployment rate in the world's largest economy hit 14.7 per cent last month.




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Uber losses hit £2.3bn but food delivery service is a 'silver lining'

Uber Eats sales jumped 50 per cent as people locked down all over the world turned to restaurant deliveries as a treat at home. The company is trying to save more than £800m this year.




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Big Oil could be a gusher: Shell and BP are down - but not out! 

A global oil glut has forced Shell to cut its quarterly dividend by 66 per cent, a move that leaves millions of investors as well as savers in pensions and equity income funds suddenly poorer.




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DIRECTOR'S DEALS: Anglo American boss Mark Cutifani gets £3.3m

Cutifani will be given the 226,879 shares in 2025 if he and the firm hit targets. The Australian, 61, has led the FTSE 100-listed miner, which bought Sirius Minerals this year, since 2013.




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Small firms get loans they need: £5billion lent in just three days

Chancellor Rishi Sunak was forced to rethink the Government's original coronavirus Loan Scheme after thousands of small businesses warned they would go bust without quick access to cash.




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Alexis Sanchez returned to training this week - but £500,000-a-week flop's future looks bleak

A year ago, Alexis Sanchez was the star attraction on Manchester United's tour of the United States. Now, he returns for pre-season training needing to salvage his Old Trafford career.




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Manchester United news: Alexis Sanchez's £560k a week deal leaves Man Utd struggling to find a buyer

EXCLUSIVE BY CHRIS WHEELER: The astronomical deal United offered Sanchez when he signed from Arsenal made him the highest paid player in the Premier League. But it has now backfired.




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Alexis Sanchez will have to accept MASSIVE £9m per-season wage cut to join Inter Milan

Antonio Conte is pushing his Inter Milan bosses to pursue a deal for Manchester United flop Alexis Sanchez. However the Chilean's huge wages will likely be a huge problem.




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Alexis Sanchez arrives at Carrington for training despite Inter Milan loan switch edging closer 

The Chilean forward is keen to move to Inter Milan and has received permission from Manchester United to speak to the Italian giants and manager




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Manchester United 'to pay half of Alexis Sanchez's £560,000 a week wages' during Inter Milan loan'

The 30-year-old could join Romelu Lukaku as the second United player to sign for Inter this summer after the Belgian international completed a £73million move earlier this month.




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Manchester United transfer news: Man United face STAGGERING £36m Alexis Sanchez bill

EXCLUSIVE BY SAMI MOKBEL: Sportsmail understands the San Siro club are planning on offering Sanchez a contract worth no more than £150,000-per-week if they make deal permanent




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Manchester United 'want Inter Milan to include a £20m obligation to buy' in loan for Alexis Sanchez

Representatives from both clubs have held talks over the past few weeks in the hope of agreeing a deal that would see the former Barcelona and Arsenal end his torrid spell at Old Trafford.




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The big questions as stars race to seal deals before European transfer window shuts 

ADAM SHERGOLD: The transfer window in Europe's leading leagues closes on Monday and we could well see some of the continent's elite clubs involved in a scramble for some big stars.




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Man United will still pay Alexis Sanchez £300,000 a week despite Inter Milan loan move

Inter have agreed to pay close to £4.5million of the Chile international's £21m annual salary, meaning United will still have to foot a significant portion of his wages.




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Transfer news: Man United confirm Alexis Sanchez has joined Inter Milan on season-long loan deal 

Manchester United have confirmed that Alexis Sanchez has joined Inter Milan on a season-long loan deal. The winger had fallen out of favour at Old Trafford and will hope to rediscover his best form.




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Ole Gunnar Solskjaer needs his kids to grow up fast if Man United are to finish in the top four 

KIERAN GILL AT ST MARY'S STADIUM: Call them Ole Gunnar's Young Guns, or Solskjaer's Starlets, we will get to know this group well this season.




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From Eric Djemba Djemba to Angel Di Maria... we list Manchester United's top 10 WORST ever signings

With Manchester United's top earner Alexis Sanchez finalising his loan deal to Inter Milan this week, Sportsmail takes a look at United's top 10 WORST ever signings.




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Arsenal transfer news: Henrikh Mkhitaryan joins Roma on 12-month loan deal from Arsenal

Arsenal offloaded Henrikh Mkhitaryan to Roma to take the amount shifted off their wage bill this summer to more than £46million-a-year.




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Sanchez and Mkhitaryan swap to end up costing Manchester United and Arsenal a combined £50m

Mkhitaryan moved to Roma on loan from Arsenal on Monday, joining Sanchez in Italy less than a week after the United flop signed for Inter Milan until the end of the season.




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Manchester United stars 'glad to see the back of Alexis Sanchez following loan move to Inter Milan' 

Manchester United's stars have expressed their delight at the departure of Alexis Sanchez on a season-long loan to Inter Milan, according to The Sun.




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Inter Milan 1-0 Udinese: Sensi strike extends unbeaten run as Romelu Lukaku and Alexis Sanchez play

Inter Milan made it three wins out of three Serie A games as Antonio Conte's men secured a 1-0 win over a 10-man Udinese side on Saturday evening.




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Inter Milan coach Antonio Conte reveals Alexis Sanchez is not ready to start games     

Inter Milan boss Antonio Conte has claimed summer signing Alexis Sanchez is not yet ready to start for the club following his move from Manchester United. 




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Juventus 'want £9m from Manchester United for striker Mario Mandzukic'

Juventus 'would seek a transfer fee of £9million from Manchester United' if they wanted to move for striker Mario Mandzukic in January. United desperately need more firepower up front.




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Marcus Rashford has scored just one goal from open play in his last 16 Manchester United matches

The fact that Marcus Rashford has just one goal from open play in his last 16 games shows that he does not have the potency to lead an attack, at the moment at least.




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Manchester United news: Club 'will demand £25m for Alexis Sanchez next summer'

Manchester United want to offload Alexis Sanchez permanently next season for £25million - but will give most of that fee to the Chilean as part of his severance package. 




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Solskajer admits Marcus Rashford is burned out thanks to Manchester United's injury hell 

Ole Gunnar Solskjaer has admitted that he 'can't really give Marcus Rashford a break' due to Manchester United's limited options in attack but accepts the forward is worn out right now.




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Mandzukic 'slashes £300k-a-week wage demands IN HALF half to seal £10m Manchester Utd move'

Manchester United's pursuit of Mario Mandzukic looks to have been handed a major boost with the striker reportedly ready to lower his wage demands to seal a move away from Juventus. 




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Alexis Sanchez 'took home £5m in performance-related bonuses at Manchester United last year'

The Chilean has scored only five goals in 45 games since his free transfer from Arsenal in the January transfer window of the 2017/18, despite being given a salary of £400,000 a week.




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Manchester United line up double £185m January swoop for Jadon Sancho and Erling Braut Haaland

The Red Devils failed to replace Romelu Lukaku and Alexis Sanchez during the summer transfer window as they failed to finalise deals for Paulo Dybala and Mario Mandzukic.




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Manchester Utd and City splurged £50m between them on wages for injured players last season

Manchester United paid an astonishing £25.7million in wages to injured players last season - the most in the Premier League - while their rivals City were next on the list but how much did your club spend?




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Inter Milan 1-1 Atalanta: Samir Handanovic heroics help Serie A leaders hold out for a point

Inter Milan had goalkeeper Samir Handanovic to thank after surviving an 88th minute penalty to earn a point against fifth-placed Serie A side Atalanta with a 1-1 draw at the San Siro.




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Inter Milan 4-1 Cagliari: Romelu Lukaku nets brace to steer hosts into Coppa Italia quarter-finals

Romelu Lukaku scored after just 22 seconds and added another goal to help Inter Milan to a 4-1 victory over Cagliari at San Siro on Tuesday and a place in the Italian Cup quarter-final.




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How Antonio Conte is using ex-Premier League talent to mount a Serie A title charge 

If anyone is going to stop Juventus' recent dominance in Italian football, then it's Inter Milan. And Antonio Conte is assembling a squad filled with ex-Premier League players.




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Inter Milan 2-1 Fiorentina: Christian Eriksen comes off the bench to make his debut

Christian Eriksen came off the bench to make his Inter Milan debut as Antonio Conte's men made it through to the semi-finals of the Coppa Italia on Wednesday.




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Mason Greenwood FORGETS to include Daniel James when asked to name his Man United 4x100m sprint team

Mason Greenwood has given his verdict on the four fastest players at Manchester United - but forgot to include speedster Daniel James among the contenders for his 4x100 sprint race team.




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Barcelona 'are willing to accept £90m bid' for Antoine Greizmann with Manchester United on red alert

The French star only arrived at the Nou Camp last summer has not yet made the impact that was hoped of him, and now Barca are willing to cash in as part of a wider revamp of the squad.




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Manchester United 'must play Alexis Sanchez a huge £1.1m loyalty payment when he returns from Inter'

Alexis Sanchez (left) is set to rake in a huge £1.1million bonus when he returns to Manchester United from his loan spell at Inter Milan as a clause in the Chilean's contract will be triggered.




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The incredible £64.65m Manchester United have wasted on Alexis Sanchez

With a dismal loan spell at Inter Milan destined to come to an underwhelming end, Manchester United are facing the prospect of shelling out yet more cash on flop Alexis Sanchez.




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West Ham 'make contact' with Alexis Sanchez's agent with Man Utd keen to offload £400k-a-week star

Sanchez is currently on loan at Inter Milan from Manchester United but has struggled to make much of an impact in Italy amid recurring injury issues. He has played just 15 matches this season.