$1.2bn eurobond maturing in March falls sharply as local lenders cash out

Saudi Arabia’s PIF has snapped up stakes in a cruise operator, oil groups and a football club

Mexican government’s rescue plan for debt-laden state oil group underwhelms

Middle East-focused group’s discovery follows revelations over undisclosed debt

City investor will back ailing groups looking to raise capital but warns of difficult decisions

At least 21,000 more companies failed in March compared with the year before 

Research by accountancy network reveals 7 in 10 respondents have lost half their revenue

Government to provide £617m to plug gaps in rescue package based on business rates system

Private equity epiphany; Royal Mail; CEO succession at HSBC

Dispute erupts in public as AT&T boss says he will not put news channel up for sale

UK officials urge Brussels to move on three key areas ahead of crucial June meeting or risk breakdown

News of chief executive’s departure highlights problems the tobacco group faces

Stefan Bomhard joins tobacco group from car dealer Inchcape

Recruiters scrambling to adapt as companies put expansion plans on ice 

Premium offered for shares as group seeks to pay back debt owed by its parent company

French transport group says factories coming back online but investors bet company will default

UK telecoms group warns shareholders over lower payouts in future as it focuses on broadband network upgrade

Group’s losses hit almost $3bn as consumers travel less but order more food delivery

Move will last for at least six months as coronavirus disruption takes toll

President says restrictions will apply to green card applicants aiming for permanent residency

Elite university comes under fire for taking $9m in assistance while having a huge endowment

From Dickens’ London to Wordsworth’s Lakes via the painter George Shaw’s suburban “edgelands”, the British landscape has long permeated writing and visual art. On the opening of the British Library’s exhibition Writing Britain: Wastelands to Wonderlands, Jan Dalley talks to the poet Owen Sheers; the exhibition’s curator Jamie Andrews; and FT art critic Jackie Wullschlager. The travel writer Robert Macfarlane is on the line. Plus, Faber's 1998 recording of Harold Pinter reading his poem “Joseph Brearley 1909-1977” © Faber & Faber Produced by Griselda Murray Brown  

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Culture is becoming a refuge for the digitally brutalised: an evening at the opera, or cinema, or theatre, is where we go to escape technological overload, the FT’s arts writer argues  

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How did Bill Withers' little blues inspire a 1990s R&B hit and a Simon Cowell-produced football anthem? Ian McCann charts its history. Credit: Columbia, Legacy, Sony, Ministry of Sound, Syco  

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Tidjane Thiam lends voice to call for private sector to join debt moratorium 

UN official warns mass deportations risk spread of coronavirus to the region

Ruling sets precedent in continent where poorest fear cure could be worse than the disease

Tax authority switches focus to supporting businesses and individuals via job retention scheme 

Parents who haven’t historically claimed could now do so due to lost income

Tax bills can be reduced by handing back a vehicle to an employer

Restrictions in nation that processes 90% of world’s stones upend global industry 

All attempts to remove President Nicolás Maduro from power have failed

Foreign investors have learnt the hard way that short-termism can be a virtue, not a vice

More volatility ahead as US oil storage capacity is depleting, analysts warn

Popular funds’ performance woes compounded by coronavirus market sell-off

Many of those who voted to leave the European Union live in deprived towns and cities of the UK and were disillusioned with politics. The Joseph Rowntree Foundation teamed up with a think-tank, UK in a Changing Europe, to find out what policies they would like to see to improve their lives. Andy Bounds discusses the findings with Anand Menon, one of the report's authors. Read Andy's article here

Contributors: Andy Bounds, Enterprise Editor and North of England correspondent, and Anand Menon, Professor of European Politics and Foreign Affairs at King's College London and director of the UK in a Changing Europe. Producer: Fiona Symon

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Will PSA’s Carlos Tavares prove to be a better merger partner for Fiat Chrysler than Renault and help create the world's fourth-largest carmaker? Katie Martin discusses the terms of the proposed mega merger and the characters behind the deal with Peter Campbell, motor industry correspondent, and David Keohane in Paris.

Contributors: Katie Martin, capital markets editor, Peter Campbell, motor industry correspondent, and David Keohane, Paris correspondent. Producers: Fiona Symon and Persis Love

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First signs of severity of coronavirus pandemic on UK energy sector 

Grounding of aircraft around the world due to coronavirus crisis takes toll on UK aero-engine maker

Big-name investors such as Elliott and Caxton act on concerns over debasement of money

NYSE owner did not ‘lose its mind’, says Jeffrey Sprecher

Platforms report soaring activity after coronavirus outbreak spooks investors

Pandemic forces rethink of luxury industry after cancellation of fairs

From high-tech to hygge, our homes changed at top speed in the 2010s — what will the 2020s bring?

Oil group’s share price has lost its moorings

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

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

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

UK insurers bow to regulatory pressure but L&G has said it would push ahead with payout

Cancelling payouts should not become a loyalty test