Scale of unemployment underscores urgency of additional emergency relief funds

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

We grew too fast, but came back stronger

Chief executive Thomas Buberl says different guidance between countries ‘difficult to accept’

FCA warns failure to act could count against provider’s regulatory record

The Australian company was borne out of an online travel business that had a problem to solve

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

Decision comes amid row between companies and insurers on what is covered under policies

If the courts rule against the UK-listed insurer, there will be a fresh flood of claims

Tesla’s decision to buy liability cover from Elon Musk instead of a traditional insurer comes after premiums shot up

Hilary Mantel’s lessons for a pandemic

Black journalist forced America to confront the evils of lynching

As global lockdowns boost streaming subscriptions, filming freezes spell trouble ahead

Former pensions minister says the crisis means greater flexibility is needed 

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

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

PwC’s finest scientific minds attempt to prove banks can exist in two states at once

Down in Tennessee, parrots panic as the sun disappears

World champion whose life and career inspired the Oscar-winning ‘Raging Bull’

The men and women from occupied Europe who helped defeat Hitler

Matriarch of formidable political clan was known for her sharp tongue and strong character

Cleaning products up, shaving items and make-up down in household goods group’s best quarter in years

Strategic decisions by chief executive make the Dutch company a safe bet

Retailers are still replenishing stocks after panic buying ahead of coronavirus lockdowns

Personal care group boosted by stockpiling frenzy ahead of lockdown

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

S&P 500 surges 7% after coronavirus shows signs of peaking in continental Europe

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings

Investors say ‘astounding’ number of unemployment claims in US had been priced into markets

Key measure of American business investment fell only marginally last month

Stocks rise but crude tumbles as world’s largest oil ETF cuts stake

Properties changing hands for tens of thousands less than market value

Coronavirus damage to economy drives eurozone investor sentiment to a record low

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

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

An inquiry into the origins of Covid-19 is needed if important lessons are to be learnt

Activist investor sought to take control of strategy at French group led by Arnaud Lagardère

Private equity firms in separate discussions to back coronavirus-hit Serie A

Jean Pierre Mustier’s nascent turnround derailed as bank slips to first-quarter loss

European Commission seeks to strengthen enforcement powers after banking scandals

ECB intends to resist court injunction to justify its sovereign bond purchases

Online retailer’s partnerships with fashion brands should support growth and lift margins

If Berlin agrees a €9bn bailout for the airline, it is likely to want a 25 per cent stake and board seats

Citigroup was biggest lender but Deutsche, Barclays and SocGen are also on the hook

ExxonMobil and Chevron deploy plans for cutbacks but preserve dividends

Latest proposal accused of being misleading over environmental risk

Glencore-backed First Cobalt to open Canada refinery this year in attempt to cut reliance on China