Crash into negative prices jolts producers into cutting back

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

Cyril Ramaphosa will be loath to take on the people who helped him to the ANC presidency

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

Business contestants battle for $1m prize money in glitzy televised extravaganza

Eskom will remove 6,000 megawatts of demand to avert total collapse of national grid

State utility Eskom removed power to stave off grid collapse

Tie-up aims to allow people with mobile wallets to pay for international online services

Telecoms group seeks to turn mobile payments unit into provider of wider services

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

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

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

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

Petrochemicals group to launch sale of up to $2bn in shares as part of debt reduction push

Central African Republic has just three ventilators for its 5m people

Two Gulf companies shipped jet fuel to renegade general Khalifa Haftar, documents show

S&P 500 closes more than 9% higher as investors cheer Fed backstops and political progress

Strategy shift comes shortly after $1.4tn fund’s CIO tweeted he was stepping down

Virus’s swift and unforgiving economic effect may silence activists

Private equity group acquires 10% stake in Australia’s Crown Resorts

Homebuyers trying to chip the price of property deals could be disappointed 

Industry expects a sharp decline in claims as drivers stay at home during coronavirus pandemic

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

Investors encouraged to take time before making any changes to their retirement plans

Fraudsters are exploiting fears over pandemic to target pension savers, investors and online consumers

Provider cites coronavirus market turmoil for uncertainty over valuations

Join a live discussion with FT’s pensions correspondent Josephine Cumbo at 12pm and 5pm UK time on Wednesday April 22 

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

The campaign has shone an unflattering light on the state of politics in America

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

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

A trailblazer who broke the glass ceiling in Washington

British handbag maker’s value has plummeted 85% in past two years as turnround plan stalls

Healthcare tech group chief calls estimate to deal with coronavirus ‘conservative’ as it boosts medical equipment production

Medical community warns of dangers from use of cleaning agent as internal treatment

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation

Global Witness highlights UK hedge fund’s stake in company accused of environmental violations

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

S&P up 23% from March nadir on back of state coronavirus action — but more falls possible, warn analysts

Settlement house delays payout and project to let small shareholders cash out

Volatility gauges for both regions show sharp falls from historic highs in March

Failed outsourcer’s work on Liverpool and Birmingham hospitals running years behind schedule

Chief Jon Lewis admits outsourcer has ‘more to do and requires more investment’ than expected

Targets to include more women mean little without cultural change in the industry

Jaguar Land Rover, Aston Martin, Taylor Wimpey and Vistry set to reopen some operations

Commission president sets out Brussels’ plan for CO2 border adjustment mechanism

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

But its coal addiction and authoritarian system mean it will struggle to take a global lead