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Lions led by donkeys: pandemic edition

What is striking about the coronavirus is how weak our rulers are




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US senators renew effort to outlaw shell companies

Fears of Russian influence revive drive to track corporations’ true owners




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Coronavirus compels companies to embrace remote working

Business practices undergo seismic change with flexible policies becoming standard




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The English plant pots that conquered Japan

Whichford Pottery’s terracotta wares are as appreciated overseas for their English style as they are in the UK for their robustness




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A Japanese calendar of flowers

The Edo-era artist Hōitsu painted different floral panels for every month




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Five ways the ECB can bolster the eurozone’s pandemic firepower

Investors will be watching Christine Lagarde’s performance amid rising pressure on Italian bonds




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Online criminals thrive on pandemic and weak policing, EU commissioner warns

Foiled €15m scam for face masks shows how organised crime is ‘quick to adapt’, says Ylva Johansson




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Brussels woos world leaders for pandemic fundraising marathon

EU hosts online pledging event but €7.5bn target for vaccines, testing and treatment will only be first step




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Saudi women push to expand consulting opportunities

Tala al-Jabri is among a rising number of female professionals in the kingdom




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Companies try to slow product shipments from overseas 

‘Slow steaming’ options for imports gain popularity as coronavirus lockdowns sap demand




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Verizon buys video conferencing company BlueJeans 

US telecoms group tries on virtual meeting service for size as demand soars during lockdowns 




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Uber finds a ‘silver lining’ in pandemic

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




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New zen — why interior design is looking to Japan

This season’s hottest trend takes in all things Japanese - from Macaque to Japandi




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Music streaming during pandemic boosts Spotify paying users

Subscriber numbers surge to 130m as listeners turn to tunes in a crisis




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Pandemic accelerates shift to meat substitutes

Plant-based alternative sales jump 200 per cent in US amid slaughterhouse closures




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Culture war: How Danone kept making yoghurt in pandemic 

From bored employees to train trouble in the French Alps, the manufacturer has faced new challenges




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Largest US meat company warns food supply chain is breaking

Tyson chairman flags shortages as slaughterhouses and processing plants are forced to shut




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Behind the Money: Running a small business during a global pandemic

Behind the Money is a podcast from the Financial Times that takes listeners inside the business and financial stories of the moment, with reporting from FT journalists around the world. You can find Behind the Money wherever you get your podcasts, including FT.com/behindthemoney.


Mauren Pereira's drapery business was on track for its most financially successful year to date. That was until the coronavirus outbreak reached Virginia. Behind the Money reports on how one small business owner is navigating the current economic crisis. With Brendan Greeley, US economics editor for the Financial Times. 

 

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For fashion labels launched during the pandemic, what now?

In fashion, timing is everything. When coronavirus turned the world upside down, these new brands had to pivot quickly to survive




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Lockdown lifestyle: changing internet habits during the pandemic  

Local news sites are experiencing a resurgence and streaming is more popular than ever




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Stock picking competition, how to get a pay rise and company pensions

Could your stock picking skills beat the market this year? In this week's FT Money Show podcast presenter Claer Barrett talks to FT Markets reporter Robert Smith about the results of our 2019 contest between readers and FT journalists. Plus we give you details of how to enter this year's competition. Next up, January's nearly over but you still have another 11 months to make good on your New Year's resolutions. If you had resolved to get a pay rise or sort out your pension this year, keep listening as help is at hand. 

 

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What you should do if your company wants to cut your pay

There are lots of pressures on household budgets at the current time, but experts on the FT Money show are here to guide you through it. On this week's podcast we’re going to be talking about worker’s rights if companies want to cut their pay; whether you should take a ‘payment holiday on your mortgage’, and how to get a refund on a holiday you can no longer take - our Money Mentor Lindsay Cook is here to help. And with children at home, we’ve also got ideas to inspire them to learn more about money matters - and there’s even a competition parents can enter for sharing their best ideas.

 

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Only victory in Africa can end the pandemic everywhere

World leaders call for an urgent debt moratorium and unprecedented health and economic aid packages




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Jancis Robinson on the new wave of Spanish wines

There is a new-found confidence in what Spain, and Spain alone, can offer




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Why Silicon Valley is surviving the pandemic ad crash

Facebook and Google show resilience through the crisis thanks to uptick in ‘direct response’ ads




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HMRC suspends some tax investigations due to pandemic

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




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‘Chancellor must iron out problems for limited company directors’

Mel Stride, former Treasury minister, calls for help for business owners who pay themselves in dividends




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Company car users on furlough can save thousands of pounds

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




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Pandemic forces Brazil’s ‘Chicago boys’ to revise reform plans

Finance minister Paulo Guedes has had his liberal economic agenda sidelined by emergency measures




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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




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UK’s top asset manager urges companies to take care of employees

LGIM to hold businesses to account for their stakeholder responsibilities during pandemic 




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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




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AB InBev warns of ‘materially worse’ second quarter due to pandemic

Maker of Budweiser and Corona to cut costs by renegotiating contracts such as sponsorship deals




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Companies warn over guidance on getting UK back to work

Measures to ease lockdown will be costly and difficult in practice, particularly in hospitality trade




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Africa's most valuable company comes to Europe

Naspers, a publisher once condemned as a mouthpiece of the apartheid regime in South Africa, has quietly become one of the world’s biggest internet investors thanks to a stake in China’s Tencent. On 11 September it will list its global internet assets on the Amsterdam bourse, becoming Europe's biggest consumer internet company overnight. Arash Massoudi discusses how it got there with Joseph Cotterill in Johannesburg.


Contributors: Arash Massoudi, corporate finance and deals editor, and Joseph Cotterill, Southern Africa correspondent. Producer: Fiona Symon

 

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The pandemic tests tempers and tolerance in Mexico

Some officials are using Covid-19 to jump on the neoliberal-bashing bandwagon




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Colony Capital reveals $3.2bn default on portfolio company loans

Trump ally Tom Barrack’s investment group in talks with lenders over hotel and nursing home debt




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Coronavirus tracked: the latest figures as countries fight to contain the pandemic

The FT analyses the scale of outbreaks and the number of deaths around the world




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Even in a pandemic, politicians must decide

Being ‘guided by the science’ does not mean hiding behind it




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Pandemic is putting banks’ resilience to the test

Regulators must ensure that lenders’ defences are sufficiently robust




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Coronavirus: Trump in new push to expand testing — as it happened




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The Anarchy — East India Company in the dock

This riveting account of how a piratical corporation subjugated India resonates with today’s global capitalism




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What Japan Inc really thinks about Carlos Ghosn

Downfall of carmaker’s former boss sets up clash between country’s old guard and its reformists




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Coronavirus fallout deals small US companies a double blow

Small-cap stocks underperformed large-caps throughout the bear market and rally




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Dow enters bear market as pandemic declared

Investors fret over the level of economic stimulus Washington is likely to provide




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Short bans/market closures: they amplify panic

Trading restrictions did not work in the past; there is less reason for them to work this time




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GPIF hunts for overseas bonds to escape Japan’s low yields

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




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Japan’s corporate cash-hoarders have moment in sun

Virus’s swift and unforgiving economic effect may silence activists




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Hot springs and baseball stadiums core to Japan’s national security

Activists wary after finance ministry names ‘core’ stocks covered by law on foreign investment




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FT ranking: Asia-Pacific High-Growth Companies

Coronavirus means many businesses face an uncertain future but the region’s fundamentals will aid recovery