Many US Democrats had pushed for an impeachment inquiry against Donald Trump after the Mueller probe into Russian meddling in the last US election released its findings. But it took a July telephone conversation between Mr Trump and Ukraine’s new president to persuade Nancy Pelosi, speaker of the US house of Representatives, that it was time to act. Katie Martin discusses what happens next and what we know so far with Demetri Sevastopulo, Washington bureau chief.

Contributors: Katie Martin, capital markets editor, and Demetri Sevastopulo, Washington bureau chief. Producer: Fiona Symon

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Even before Covid-19 struck, the country’s debt trajectory was out of control

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

Analysts fear unintended consequences of central bank’s vast foreign-currency holdings

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

Hedge fund calls for court investigation into 2018 transfer of MyTheresa

German airline looks at procedure similar to Chapter 11 bankruptcy amid dispute over bailout conditions

Incoming CEO tells investors and carrier’s 96,000 staff that he will not duck hard decisions

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

Regulator says US mortgage guarantors have sufficient resources for about 12 weeks

As corporate insolvencies soar and firms try to hang on to their cash as long as possible, expect to hear a lot more about trade credit insurance.

Euler Hermes has written to some brokers, saying it will offer less support in the UK if the government does not agree to backstop trade credit insurers. 

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

We need more and better surveys from across the globe to help us take the right course

Great value can be unearthed in some of the cheapest wines from impeccable producers

Provider cites coronavirus market turmoil for uncertainty over valuations

Healthcare tech group chief calls estimate to deal with coronavirus ‘conservative’ as it boosts medical equipment production

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation

Billionaire CQS trader hurt by exposure to default-ridden energy sector

Properties changing hands for tens of thousands less than market value

Companies with strong balance sheets are best placed for post-crisis rebuild

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

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

Cardholders will receive 3 per cent cashback on fuel

Move to capitalise on dislocations across market stemming from coronavirus pandemic

Production costs to rise by 61% when industry invests in carbon capture

Ambitious plans for renewable energy rarely feature in government strategy

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

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

Projections suggest $300m in annual cost savings and $400m of revenue benefits

Products vital to combat coronavirus could become more expensive and scarce

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as […]

It will be hard to help worthy US companies without also aiding private equity

Your guide to the investment and business revolution you can’t afford to ignore

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]

Direct payments should be made to citizens and companies

TiVo today is launching a new device, its would-be Fire TV Stick competitor known as the TiVo Stream 4K. First announced at the Consumer Electronics Show in January, this $50 Android TV-powered HDMI dongle is TiVo’s attempt to insert itself into the streaming media device market. The new dongle arrives at a time when TiVo […]

Whether on pocket money or holidays, I see the wisdom in refusing to discuss important decisions

The John Lewis veteran came late to politics — and wants to bring power back to the regions

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]

The coronavirus pandemic’s global presence and ubiquity in everyday life is a perfect storm for misinformation, as conspiracy theorists from different corners of the web converge on a shared news topic—the only topic, at the moment. From the earliest days of the crisis, everyone from pro-Trump QAnon conspiracists to left-leaning purveyors of dubious home remedies […]

It seems foolish to imagine the UK will swiftly return to life as it was before Covid-19

Box has joined a number of tech companies supporting employees to work remotely from home in response  the outbreak of the novel coronavirus. It’s applying the policy to all staff, regardless of location. Late yesterday Box co-founder Aaron Levie tweeted a statement detailing the cloud computing company’s response to COVID-19, the name of the disease caused […]

In an unprecedented move to reassure customers and flag the potential for misinformation about COVID-19 on their platforms, all of the major social media companies and their parent corporations issued a joint statement on their efforts. “We invite other companies to join us as we work to keep our communities healthy and safe,” the statement […]

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]

Even though Rohit Prakash was a dual MD and PhD researching optogenetics at Stanford University, his entrepreneurial itch kept returning him to his family’s small business roots. He and his co-founder Nipul Patel began researching the travails of small business owners, interviewing countless entrepreneurs, trying to figure out what their risks were or what caused […]

Covid-19 and his brush with mortality present the UK prime minister with a unique chance