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Recruiters warn profits will be dented by global political uncertainty

PageGroup and Robert Walters cite Brexit, Sino-US trade war and Hong Kong protests




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Telefónica confirms UK merger talks with Liberty Global

Combining Virgin Media and O2 would reshape British telecoms market




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Hertz avoids bankruptcy with last-minute deal

US car rental group backed by billionaire Carl Icahn extends crucial payment deadline




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Inside one of Property Listings’ most-viewed homes for sale

Look behind the doors of a medieval Swiss castle that’s piquing much curiosity




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Properties with literary connections

From an 18th-century farmhouse in the US to a traditional Deià-style home in Mallorca




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Trump should leave virus response to the experts

Formation of regional coalitions offers a path to a staggered exit




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Pop stars of a certain age

The music scene is currently awash with aging rockers and pop groups re-united. Take That, complete with Robbie Williams, will tour next year; space rockers Hawkwind, formed in 1969, tour the UK next month; while Lemmy, born 1945, is currently taking the stage with Motorhead. Whatever happened to “hope I die before I get old”? Aren’t they old enough to know better? Neville Hawcock, deputy arts editor, talks to Peter Aspden, the FT’s arts writer, and Richard Clayton, who regularly reviews pop for the paper.  


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Auteur ego: Peter Aspden on Bertolucci

A new film portrait of the Italian director reveals a man unafraid to confront difficult questions. It’s a kind of artistic responsibility that now feels old-fashioned, the FT’s arts writer says  


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The life of a song: Summertime

The rousing spiritual from folk opera 'Porgy and Bess' has become one of the most recorded tunes of all time, says David Honigmann, with Miles Davis, Janis Joplin and Peter Gabriel among the artists who covered it. Credits: Columbia/Legacy, Mercury Records, Hallmark  


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Zimbabwe pleads for aid to avert ‘collapse’ and fight Covid

IMF and other international institutions cannot lend to Harare because of debt arrears




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Jancis Robinson on the legacy of Robert Mondavi

The family has been making fine wine in Napa Valley for four generations




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Liberty Global in talks to merge Virgin Media with O2

Proposed deal would create strong UK competitor to challenge BT




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ITV advertising revenues tumble 42% in April

British TV network unable to provide guidance for the rest of 2020 as outlook is ‘uncertain’




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Robert Harris: ‘Johnson must fancy himself as Caesar’

The novelist on Cicero’s lessons for Brexit Britain, Labour’s future — and how to write a bestseller a year




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The Last Wolf by Robert Winder — island stories

Geography is destiny in this historical meditation on the peculiarities of the English




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£82bn of UK property sales put on hold

Impact of pandemic has halted nearly 400,000 housing transactions




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Chinese buyers consider return to international property markets

Global property portals report big increases in Chinese inquiries




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Will I be hit by CGT rule change on my property sale?

My buyer asked to delay due to Covid-19 and now I understand I need to pay capital gains tax within 30 days of sale




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Property law: can I work from home if it is rented?

Some leases prohibit doing business — plus what to do when coronavirus halts completion of a sale




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UK property groups plead for extended business rates holiday

Office providers warn chancellor that companies will go bankrupt without relief




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EU’s top court reasserts primacy after German challenge

ECJ issues rare warning over EU legal order after German judges question its superiority




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Esports doesn't need a virus to overtake real sports

Tomi Kovanen argues that investors and pundits should temper their expectations for the industry in the short term, but increase them for the long term.




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How Google feeds your data to advertisers

Google is allegedly using hidden web pages that feed the personal data of its users to advertisers, circumventing EU privacy regulations that require consent and transparency. Madhumita Murgia, the FT's European technology correspondent, discusses the implications for both privacy and competition with Malcolm Moore.


Conributors: Malcolm Moore, technology news editor, and Madhumita Murgia, European technology correspondent. Producer: Fiona Symon

 

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New UK government brings change and uncertainty

Last week Boris Johnson lead the conservative party to its biggest victory in over 30 years on a promise to “get Brexit done”. What should the UK expect from its new government and how has business reacted to the election? George Parker and Adam Samson talk to Siona Jenkins about what the next five years could bring.


Contributors: Siona Jenkins, editor, UK news, George Parker, political editor and Adam Samson, global head of Fast FT. Producer: Persis Love. Photo credit: Leon Neal/PA

 

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Philippines: Duterte takes aim at the oligarchs

The president has turned his populist fire on big business, but is he attacking corporate greed or political opponents?




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Telefónica/Liberty: rainy day dealmaking

Potential cost cuts should not be used as justification for a UK telecoms tie-up




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What will the UK property market look like after lockdown?

Join our live discussion with buying agent Henry Pryor on Friday May 8 at 12 and 5pm UK time




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A ray of light in global property

How markets are beginning to stir from their coronavirus-induced slumber




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Coronavirus fears hit UK property market as viewings dry up

Buyers and sellers worry about risk of infection, say agents




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2.7m properties dragged into higher stamp duty band 

Rising prices and flat tax thresholds since 2015 mean more homes in London and Southeast are in the top band




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UK property demand plunges as virus takes hold

60 per cent decline in sales predicted in the next three months




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UK property market moves into cold storage

Experts predict transactions could plunge 50 per cent year-on-year, but what could it mean for house prices? 




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I’m buying a property — can I get a discount? 

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




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US businesses face uncertainty over paying staff for temperature checks

The time it takes for employees to be assessed is putting companies in delicate legal territory




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How a plot to overthrow Venezuela’s Maduro ran aground

Former Navy Seal who trained some of ragtag crew tells FT plan was ‘half-cocked’ and ‘inept’




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Take me to the world … of lockdown entertainment

What is it that makes an online performance really sing?




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Aviva pension clients barred from cashing in property assets

Provider cites coronavirus market turmoil for uncertainty over valuations




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Robert Morgenthau, Manhattan district attorney, 1919-2019

He became the scourge of the Mob and white-collar crime in New York




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Cokie Roberts, political journalist, 1943-2019

A trailblazer who broke the glass ceiling in Washington




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Liberty Global and Telefónica agree £31bn deal to merge UK groups

Combination of O2 and Virgin Media set to transform British telecoms market




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Liberty Global and Telefónica dial up changes in ‘deal of decade’

O2 and Virgin Media’s £31bn merger is one of the biggest examples of virtual dealmaking during pandemic




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Carnival and Southwest lead surge in US convertible bond issuance

Companies are seeking to tap whatever sources of affordable funding are available




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From balcony concerts to cyber drinks — the power of ritual in the corona age

Under lockdown, communities are finding new ways to voice their defiance, anger and support




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One year later, the future of foldables remains uncertain

Yesterday, Samsung announced that the Galaxy Flip Z sold out online. What, precisely, that means, is hard to say, of course, without specific numbers from the company. But it’s probably enough to make the company bullish about its latest wade into the foldable waters, in the wake of last year’s Fold — let’s just say […]




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Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global economic depression looming over us, […]




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A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]




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Robert Shrimsley: After the coronavirus phone tracker, a few other life-saving apps

Post-lockdown, technology could help us contain Covid-19. But why stop there?




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Twitter says Elon Musk’s tweets advocating against expert COVID-19 guidance don’t violate its rules

Twitter has said that tweets posted early Tuesday morning by Tesla and SpaceX CEO Elon Musk that irresponsibly call for restrictions put in place to defend against the spread of COVID-19 don’t violate its guidelines around inaccurate or disputed information about the coronavirus that could cause harm. Musk tweeted a series of things on Tuesday, […]




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VC’s largest funds make big bets on vertical B2B marketplaces

During the waning days of the first dot-com boom, some of the biggest names in venture capital invested in marketplaces and directories whose sole function was to consolidate information and foster transparency in industries that had remained opaque for decades. The thesis was that thousands of small businesses were making specialized products consumed by larger […]




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iPhone sales are down, ahead of uncertain times for the industry

Stop me if you’ve heard this one before: Apple device sales have taken a hit, but the company’s services are doing swell. The iPhone, the longtime cornerstone of the company’s hardware portfolio, hit $28.96 billion in revenue for Q2, down from $31.1 billion from this time last year. The iPad and Mac lines saw drops […]