Pexip deal marks bright spot in otherwise bleak European IPO market

Discovery in Zenith factory attic helps watchmaker claim the first all-black wristwatch title

Tag Heuer’s digital chief sees connected watches as a point of entry to the mechanical models

Horseman Capital’s Russell Clark has sold his holdings in government bonds

Coveted top-quality rating hanging by a thread as Moody’s decision looms

Turmoil in commodity market slashes state colleges’ revenues

French energy group makes emissions pledge as first-quarter profits drop 35%

For some analysts the industrial metal looks cheap, even given the Covid-19 slowdown

The Adventurous Investor senses there could be future value in spinout specialists

An esoteric choice they may be for private investors, but if you’re selective they can add value

Whether we like it or not, spending on arms and security will rise in the next few years 

Cardholders will receive 3 per cent cashback on fuel

Read the small print on ‘free’ offer

The four-year bond will pay 7.5%

Move to capitalise on dislocations across market stemming from coronavirus pandemic

James Max, the FT columnist, takes questions from readers about the misery of household chores

A third of self-employed reported working reduced hours during the first two weeks of lockdown

Lenders reluctant to count payments as affordability checks tighten

Mike Mackenzie’s daily analysis of what’s moving global markets

UK-based education company is still more value trap than takeover candidate

Tickets website has to navigate an overhaul of UK rail’s supporting infrastructure

Lansdowne, Odey and Wadhwani among those betting on a revival of UK equities

Smart meter group’s IPO boosts hopes of fundraising uptick after lacklustre 2019

Competitive landscape is unclear as food delivery becomes a utility

Ambitious plans for renewable energy rarely feature in government strategy

Treasury also licenses Chevron to operate in crisis-hit nation for a further 3 months

Brazilian prosecutors also accuse miner and safety group of environmental crimes

Case linked to 2012 nationalisation of oil company proves tricky for litigation funder

Chief expects weak demand from mills outside China to offset supply disruptions elsewhere

Brazilian jet maker to seek damages from US group, which counters it is within its rights to terminate deal

Pledges to donate Covid-19 test kits pour in from groups including Vale and Petrobras

SoftBank-funded fintech challenger Ualá expands rapidly amid the pandemic

Brazilian group alleges tycoon’s family-controlled mining arm fraudulently funnelled $500m into Manhattan real estate

New rules require banks to stick with a single rate after introductory deals

Finding a good credit card deal when you’re older is more difficult

Puny interest rates have dented the tax sheltering properties of cash Isas for most 

Treasury reduces charge for removing cash from tax-free accounts for under-40s

A live blog from FT.com

Italy to lay out strategy this week on its plans to ease Covid-19 restrictions. Global stocks under pressure as oil tumbles again. England and Wales record 75 per cent more weekly overall deaths than normal.

Number of global cases of Covid-19 nears 2.5m, international oil prices tumble to lowest levels since the 1990s, Heineken hit as pandemic cuts into beer drinking globally.

US job gains since financial crisis wiped out. Switzerland faces sharpest economic contraction since 1974. UK and eurozone business activity hit by historic collapse this month as lockdowns choked Europe’s biggest economies.

The number of US deaths attributed to Covid-19 surpassed 45,000 on Friday, while the rate of new cases remained flat

British fatalities rise by 813 with almost 150,000 infected; Spain prepares to ease restrictions slightly as daily deaths remain below 400

In today’s news: UK warns it would be ‘irresponsible’ to discuss easing lockdown. Spain sets out plan to lift its own tough measures. Donald Trump signals a halt to his daily media briefings as US death toll accelerates.

New daily cases of Covid-19 around the globe rose by the lowest amount in 12 days as 73,858 diagnoses were confirmed on Sunday, bringing the total to 2.93m

Deaths in England and Wales are highest on record in mid-April while cases in the US surpass 1m

The worldwide Covid-19 death toll rose by 6,365 on Tuesday, pushing the total through 200,000

Eurozone GDP in historic fall, millions more Americans file for unemployment, Shell cuts dividend for first time since second world war and UK's AstraZeneca combines with Oxford on a potential vaccine

A live blog from FT.com

Spain allows outside exercise for the first time in weeks while Russia’s daily case count rises by a fifth