European equities slip after ECB launches fresh push to bolster region’s banking system

Destocking is at an end and global consumption is expected to rise this year

Homeowners must use ‘cleaner alternatives’ for coal fires and wood-burning stoves from 2021

Henrik Adam outlines ‘urgent priority’ to boost performance as he cuts 1,250 jobs

Thousands of jobs at risk as coronavirus pandemic leads to a fall-off in demand

Steelmaker says more funding needed given scale and length of lockdown disruption

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

Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse

One year saving for airline would be just 5 per cent of ex-fuel operating costs

Post-Brexit Britain will need a viable industry to support global role

The four years since his promotion to CEO have been beset by crises

Fall could be the equivalent of India’s total annual consumption, IEA says

Oil group’s share price has lost its moorings

Crash into negative prices jolts producers into cutting back

Charging 2 per cent to hold assets when returns are low is wrong, writes Sebastian Mallaby

In future it may have to be budget stimulus that rides to the rescue

It is always easy for central banks to find reasons not to act

Canadian group makes all-stock proposal public after talks fail to get off ground

Business contestants battle for $1m prize money in glitzy televised extravaganza

Tie-up aims to allow people with mobile wallets to pay for international online services

Legislation cuts taxes for some enterprises while increasing VAT

McKinsey, BCG and PwC named in records showing allegations of looting by Angolan billionaire

Endiama chief wants ‘radical change’ in overhaul of country’s scandal-hit gem industry

Neal Froneman highlights ‘lowest payback period’ after £285m purchase

Central African Republic has just three ventilators for its 5m people

Wall Street’s late sell-off came on top of Europe’s worst-ever single day performance

Nikkei 225 average drops 16 per cent over the week amid broad pandemic-linked sell-off

Country becomes first in world to halt all stock, bond and currency trading

S&P 500 closes more than 9% higher as investors cheer Fed backstops and political progress

S&P 500 gives back some of its earlier rally as US stimulus package attracts objections on Capitol Hill

There is a grim irony in the wealthy seeking bailouts due to bad bets on working people

Many decide to hold on to cash, triggering disputes with landlords in commercial and residential sectors

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

Rick Bright’s lawyers say federal investigators recommend he be reinstated during probe

This is the first in a new FT Globetrotter series, in which correspondents and writers explore their local area up close. In Japan’s capital, despite the deserted shopping streets, nature is in full bloom

‘There are no warranties when you take on an insolvent company’

Cancelling payouts should not become a loyalty test

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

Move by UK group will put pressure on other insurers to follow suit 

Company to refund fraction of policy premiums to reflect reduction in driving  

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

Insurers have been urged by regulators to reconsider shareholder payments during lockdown

Central banks repeatedly set the stage for the next boom and bust cycle, fuelled by growing debt

You can enjoy flowers online that are past their best in the real world

Black journalist forced America to confront the evils of lynching

Reducing pensioners to ‘old dears’ ignores their wisdom and physical vitality

My love affair with the Tesla chief can’t survive the pandemic

Crises have inspired classics of literature — so is the great Covid-19 novel already under way?

Some families of medics who die in service will receive higher payouts than others under current rules

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