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

Potential adversaries could seek to exploit vulnerabilities triggered by pandemic, warn analysts

Hedge fund calls for court investigation into 2018 transfer of MyTheresa

Pandemic forces rethink of luxury industry after cancellation of fairs

Beijing wants to make companies impose obedience to China on protesting employees

The need to raise donations led MIT’s Media Lab to a terrible misjudgment

Private banks are fighting to advise billionaires who want a lot for their money

Despite public anger, corporate regulation is likely to remain fragmented

Hundreds will lose jobs in £1.2bn turnround plan even as Jingye says 3,000 will be saved

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

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

Legislation cuts taxes for some enterprises while increasing VAT

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

As young renters feel the pain, parents are having to bridge the financial gaps

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

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

Sector faces existential moment as Trump wades into debate over Covid-19 claims

Decision comes amid row between companies and insurers on what is covered under policies

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes

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

Jurek Martin recalls unlikely encounters with an ancient dynasty, from dance floor to tennis court

His 19% in 1992 was best result for independent presidential candidate in 80 years

Invest in a loan to a small business, but with a manager to assess the risk

Move means hard-hit industries face another year of high bills

SoftBank-funded fintech challenger Ualá expands rapidly amid the pandemic

Withdrawal fees soar to £104m and banks save £120m in ATM shake-up

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

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.

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]

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

Rich countries need to fund infectious disease treatments properly

No gym? No problem. This series from FT Globetrotter has tips, workout routines and reflections on staying active during the coronavirus crisis, including the best moves for small spaces, to indoor cycling and much more

As US health workers suffer from inadequate protection, there are signs of a shifting world order

As Samsung (re)unveiled its clamshell folding phone last week, I kept seeing the same question pop up amongst my social circles: why? I was wondering the same thing myself, to be honest. I’m not sure even Samsung knows; they’d win me over by the end, but only somewhat. The halfway-folded, laptop-style “Flex Mode” allows you […]

Another on-demand transport app is making a move into payments to expand the existing relationship with its customers (and subsequent margins that it makes from serving them). Bird today announced the launch of Bird Pay, a service that will let people use its app to purchase items from local participating businesses alongside renting scooters. The service […]

Google is reportedly on the verge of stepping up their hardware game in a way that follows the example set by Apple, with custom-designed silicon powering future smartphones. Axios reports that Google is readying its own in-house processors for use in future Pixel devices, including both phones and eventually Chromebooks, too. Google’s efforts around its […]

M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense. The world of messaging brings us the latest development in that theme: SAP, […]

Investment in company’s new China entity is led by state-owned enterprises

Last updated 2:00pm BST. Featuring ITV, National Express, Hiscox, Hammerson, LondonMetric, Metro Bank and OneSavings.

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

I employ 10 people and also own a couple of buy-to-let properties

My mother has early onset dementia and her health is deteriorating rapidly

Our streets are almost empty, our houses full of people — and self-employed operators still aren’t covered 

The UK prime minister’s brush with death has deepened his ties with voters

One third of over-55s don’t even have a will — but they can get one for free in October

The chancellor need beware that policies introduced in a crisis are hard to end later

If you're building a large-scale technology startup, sooner or later, you should be having a conversation about the Indian market.

The internet has, for better or worse, become the default platform for people seeking information, and today one of the companies leveraging that to deliver educational content has raised some funding to fuel its next stage of growth. Udemy, which provides a marketplace offering some 150,000 different online learning courses from business analytics to ukulele […]

Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S. Hangzhou based AI startup Rokid is in talks with several companies to sell its T1 glasses in America, according to Rokid’s U.S. Director Liang Guan. Rokid is among a wave of Chinese companies creating technology to address the […]

Apple is said to be developing its own competitors to popular over-ear noise-cancelling headphones like those made by Bose and Sony, Bloomberg reports, but with similar technology on board to that used in the AirPod and AirPod Pro lines. These headphones would also include a design with interchangeable parts that would allow some modification with […]