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Iraq warns over threat to public sector pay from oil price collapse

Prime minister designate says government could be unable to pay half of the salaries of 3m-strong workforce next month




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Ten charts that tell the story of 2019

The FT’s pick of the year’s best visual journalism, from extreme weather patterns to signs of a growing surveillance society




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Coronavirus: Dollar stores, Clorox make shortlist of stock winners amid rout — as it happened




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Jan Dalley and Peter Aspden discuss A History of the World in 100 Objects

As the final object is revealed, FT arts editor Jan Dalley talks to Peter Aspden about the significance of the BBC Radio 4 series 'A History of the World in 100 Objects' presented by Neil MacGregor, director of the British Museum.  


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History's second draft: Peter Aspden on theatre and the news

Where there is a public clamour for explanation, writers and artists should be unafraid to step in, says the FT's arts writer  


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Restoration drama: Peter Aspden on Kenwood House

Efforts to restore historic buildings to their original splendour tell us as much about today’s tastes as they do about yesterday’s  


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Rich pickings: Peter Aspden on spectator apartheid

Art may be essentially egalitarian as it illuminates the human condition – but that hasn't stopped members of the Porsche Travel Club getting special access to the Sistine Chapel. Should we worry if the wealthy corner the finest cultural experiences?  


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A new short story for the holidays

'Ambition', by the award-winning author Helen Simpson, is read by Christopher Villiers.  


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Cover story: the golden age of Esquire

Between 1962 and 1972, the magazine set new standards for its industry – and in doing so created the perfect collectible, says Peter Aspden  


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Short story: ‘Winter Letter’ by Lydia Davis

A new short story for the holidays, from the winner of the 2013 Man Booker International Prize. The reader is Christine Spolar  


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Escape the motherhood penalty, teenage investors and 'best buy' investment lists

Having a baby is one of the best things that could happen in your life - but sadly it could also be the worst thing that could happen to your finances. We discuss the effects of the gender pay gap. Plus FT Money editor Claer Barrett talks to guests about what kind of investor Adrian Mole could have grown into. And what could happen to the 'best buy' lists used by fund supermarkets in the wake of the Woodford scandal?

 

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Only victory in Africa can end the pandemic everywhere

World leaders call for an urgent debt moratorium and unprecedented health and economic aid packages




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South Africa discusses lifting lockdown sector by sector

Ramaphosa administration wants phased reopening to limit damage to struggling economy




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US prosecutors to drop case against Michael Flynn

Democrats outraged by move to clear former national security adviser who already pleaded guilty




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UK minister seeks ways to extend bailout to owner-directors 

About 2m businesspeople thought to be ineligible for existing coronavirus support schemes




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‘Chancellor must iron out problems for limited company directors’

Mel Stride, former Treasury minister, calls for help for business owners who pay themselves in dividends




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The top FT stories read by the legal world in the coronavirus lockdown

Litigation battles, fear turns to lawsuits, and a data security flaw




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Bad credit is big business — if you can get a guarantor

Whether renting a flat or applying for a loan, you will probably need the help of a homeowner




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Rio Tinto faces fresh investor revolt over Mongolia mine

Pentwater Capital calls for boardroom change in vehicle developing Oyu Tolgoi




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Diamond sector grinds to halt as India’s lockdown bites

Restrictions in nation that processes 90% of world’s stones upend global industry 




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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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Empty stores: repurpose them

An occupied home has utility no empty shop can match




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Argentina’s creditors face debt restructuring dilemma

Bondholders weigh deal with Macri against negotiating with likely successor Fernández




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Investors brace for losses in Argentina debt talks

Creditors prepare for tough negotiations after IMF calls on them to share the pain




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Election: Corbyn claims NHS ‘for sale’ under Tory plan for US trade pact — as it happened

Jeremy Corbyn unveiled 451 pages of leaked documents, which he claimed show details of trade talks between the UK and US. The Labour leader said the discussions included Washington's demand for providing access to the NHS for American healthcare companies.

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Election: Tories promise new state aid system after Brexit — latest news

The Conservatives vowed to bring in a new state aid system to protect British industry after Brexit, as the party finesses its message to Leave voters ahead of election day.

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FirstFT: Today’s top stories

Your daily news briefing




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European regulators ramp up scrutiny of investment fund liquidity

Heavy redemptions during coronavirus-induced sell-off  spark concerns




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Coronavirus forces investor rethink on social issues

The ESG spotlight has turned to how companies treat their employees, customers and suppliers




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Neiman Marcus and the demise of the US department store

The coronavirus outbreak has accelerated the decline of America’s favourite shopping institution




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Can Greece become an economic success story?

Greece’s centre-right New Democracy party has returned to power after defeating the far-left party Syriza at the ballot box on a promise of reviving the economy through tax cuts, reduced bureaucracy and more foreign investment.  Katie Martin discusses the new government and the challenges it is facing with Ben Hall and Kerin Hope.


Contributors: Naomi Rovnick, FT Live reporter, Katie Martin, capital markets editor, Ben Hall, Europe editor, and Kerin Hope, Athens correspondent. Producer: Fiona Symon

 

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Bobi Wine takes on Uganda's ageing dictator

David Pilling takes us on a tour of the African ghetto he visited with Bobi Wine, the rap singer turned politician, who has confirmed he will challenge Yoweri Museveni for the presidency of Uganda in 2021.


Contributors: Alec Russell, editor of FT Weekend, and David Pilling, Africa editor. Producer: Fiona Symon. Music clip: Kyarenga by Bobi Wine

 

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What sterling's fall means for shoppers, exporters and investors

Sterling has taken a beating in the currency markets, falling to a fresh two-year low against the US dollar on Tuesday. Michael Hunter discusses why this has happened and who will be affected with Katie Martin, the FT's capital markets editor.


Contributors: Michael Hunter, markets reporter, and Katie Martin, capital markets editor. Producer: Fiona Symon

 

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Weinstein accuser tells her story

Rowena Chiu, former assistant to Harvey Weinstein, tells the story of her alleged abuse by the former Hollywood producer and discusses how to prevent non-disclosure agreements from being used to silence the victims of crime with Pilita Clark and Kate Beioley.


Contributors: Pilita Clark, business columnist, Rowena Chiu, former assistant to Harvey Weinstein, and Kate Beioley, legal correspondent. Producer: Fiona Symon

 

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Martín Guzmán: Argentina cannot afford to pay creditors more

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




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US regulator clears AbbVie’s $63bn deal for Allergan

Federal Trade Commission votes 3-2 to approve tie-up between makers of Botox and Humira




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US solar industry powers ahead as investors back batteries

Fund managers and energy-hungry tech companies bankroll ‘solar-plus-storage’ projects




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Global investors warn S Korea’s Kepco over carbon emissions

State-backed utility under pressure as it plans to invest in new coal mines




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Coronavirus fears leave investors huddling in utilities

Demand for classically defensive stocks rises as viral outbreak worsens




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Investors turn bearish on the pound

Short bets rise to highest level of 2020 over Brexit and Covid-19 concerns




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Now Britain must overcome the fear factor

The government needs to address concerns over the return to normal life




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Stelios complains to regulator as easyJet row intensifies

Founder urges FCA to act as he presses airline to cancel multibillion pound Airbus order




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US regulator grants exemption for drone flight during lockdown

Oil and gas company in Texas given approval to use unmanned aircraft to inspect vital infrastructure




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Boeing investors could wait ‘years’ for dividend to return

Aircraft maker’s chief executive says focus will be on rebuilding balance sheet post-pandemic




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European regulator takes another shot at ‘dark pools’

Watchdog also offers concession on post-Brexit share trading




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EU regulator allows short delay to new rules on failed trades

Industry bodies had been lobbying for longer postponement over fears of hit to bond markets




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Global regulators delay derivatives rules due to market volatility

Watchdogs put 12-month extension on new margin requirements, citing coronavirus threat




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Neiman Marcus creditor eyes online business in bankruptcy fight

Hedge fund calls for court investigation into 2018 transfer of MyTheresa




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Prince Andrew repaid own charity after queries from regulator

Charity Commission intervened over £350,000 of payments to Duke of York’s private secretary




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Apple will start to reopen some US stores

iPhone maker says it will make county-by-county assessments as states start to ease lockdowns