Stefan Bomhard joins tobacco group from car dealer Inchcape

Court hears claim in lawsuit that has laid bare feud over media, retail and hospitality empire

Optimism of large chains belies scepticism that film goers will flock back

Steve Easterbrook lost his job after relationship with colleague but kept stock options

Patrick Jenkins and guests discuss RBS as Alison Rose, the first woman to lead one of the UK’s top banks, takes the helm, Iqbal Khan and the hiring spat between Credit Suisse and UBS, and the role of US investment banks in the failed WeWork IPO. With special guest John Cronin of Goodbody stockbrokers in Dublin.

Contributors: Patrick Jenkins, financial editor, Nicholas Megaw, retail banking correspondent, Stephen Morris, European banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

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David Crow and guests discuss the scandal that has engulfed Credit Suisse, including the apparent suicide of a security consultant involved in a corporate espionage operation for the bank, US bank Wells Fargo's new chief executive, and the merits of the European Central Bank's interest rate policy. With special guest Jean Pierre Mustier, president of the European Banking Federation and chief executive of Italian bank UniCredit.

Contributors: David Crow, Banking editor, Sam Jones, correspondent in Zurich, Laura Noonan, US banking editor, and Patrick Jenkins, financial editor. Producer: Fiona Symon

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The well-advised wealthy are worrying that pensions benefits could be cut. FT Money Show presenter Claer Barrett asks the FT's pensions expert for the details. Next up we discuss whether it's better to invest in buy to let or a holiday let? And if you're thinking of buying a new car you might change your mind about how you finance it after you listen to this podcast. 

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Is time running out for pensions tax relief? Chancellor Sajid Javid is reported to be considering a major shake-up of pensions at the Budget in a months time. The FT's pensions correspondent Josephine Cumbo talks to FT Money editor Claer Barrett about what form this could take. Next up, we debate the value of the Winter Fuel Allowance for wealthy pensioners. And finally, our resident property guru James Pickford on how the next property cycle could turn out. 

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These governments desperately need financial breathing space to fight the pandemic

A self-effacing intellectual who rose to the very centre of power

John Ratcliffe testifies at confirmation hearing held under social distancing rules

Big reforms are needed to tackle substantial problems well beyond the cost 

New chancellor Rishi Sunak would be wise to avoid slashing pension perks 

The Wall Street strategist talks about debt, lessons from losing his hearing — and his latest predictions for the world

Guido Sandleris says it is ‘too soon’ to declare that stability has returned to peso

Jeremy Corbyn defends party's processes for dealing with racism after Ephraim Mirvis's criticism. Conservatives put opposition to independence at heart of Scottish campaign. Sterling slips as Labour makes inroads on Tories' polling lead.

ECB chief Mario Draghi this week surprised the markets by suggesting that the European central bank could introduce more stimulus to support the global economy. His signal, at an ECB forum in Sintra, Portugal, caused a furious reaction from Donald Trump. Katie Martin discusses the US president’s intervention and the remarks that prompted this with Claire Jones and Chris Giles.

Contributors: Josh Noble, weekend news editor, Katie Martin, capital markets editor, Claire Jones, Frankfurt bureau chief and Chris Giles, economics editor. Producer: Fiona Symon

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Introducing the FT News Briefing. It is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.

Monday, March 16

The Federal Reserve cut interest rates to zero and joined forces with other central banks in a bid to prevent a severe economic downturn caused by the coronavirus outbreak. The FT’s Gillian Tett unpacks the sweeping measures. Plus, the rapid spread of the coronavirus and the ensuing travel restrictions have led to one of the worst months on record for the airport industry, and French industrials group Air Liquide is asking would-be buyers of its hand sanitiser unit to offer a higher sum in the wake of the outbreak. 

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Former deputy set to take over as country faces sharpest economic contraction in decades

Stuart Levey, known for tough enforcement of sanctions on Iran, will head digital currency project

Economic woes go well beyond the coronavirus crisis

Guillaume Faury tells employees in letter that lockdown threatens manufacturer’s existence

NYSE owner did not ‘lose its mind’, says Jeffrey Sprecher

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

Departure comes just weeks after Moody’s cut miner’s rating to junk

Váradi echoes Ryanair’s O’Leary in upbeat outlook as low-cost airline restarts flights from Luton on Friday

Willie Walsh points out that expansion plans face bigger challenges due to coronavirus impact

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

We grew too fast, but came back stronger

Pandemic could dwarf other disasters such as Hurricane Katrina, John Neal says

British handbag maker’s value has plummeted 85% in past two years as turnround plan stalls

Middle East building downturn that began in 2015 shows little sign of abating

Deka Investment urges chairman to act quickly to end crisis of confidence in payments group after special audit

Forbearance and federal support programmes disguise how badly Americans have been hit

Mauricio Leyva to advise German family company on expanding beverages arm

Activist investor has almost quadrupled his stake in battered US oil producer

Spanish prime minister Pedro Sánchez says no other option remains but to maintain the state of alert

A big changing of the guard is underway at one of the world’s biggest and iconic names in telecoms and media: AT&T today announced that Randall Stephenson will be stepping down as the chairman and CEO of the telco, and he will be replaced by John Stankey, currently the COO. The change is effective on […]

You might not like the thought of paying tax on your pension contributions — but it’s coming 

Tech Scroll Asia, your guide to the billions made and lost in Asia tech

Charles Li will not seek reappointment when contract expires in October 2021

Emerging economies that have long tested investors’ patience say they need fresh help

Herbert Diess wants to sell 26m emission-free vehicles in 9 years, overtaking rivals including Californian electric pioneer

Blume says industry faces supply constraints because of production ‘bottleneck’

Jack Dorsey announced in a series of tweets today that he is shifting $1 billion in his Square equity to create a fund dedicated to COVID-19 relief. The Twitter and Square CEO is calling the fund Start Small and posting a tally of disbursements and recipients in a public spreadsheet. Dorsey said in his announcement […]

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which provides aid in the form […]

Chris Hughes has reportedly been axed from Sport Relief's The Heat Is On challenge, following his shocking brawl at the National Television Awards last month.

Miley Cyrus will headline a bushfire relief concert at Melbourne's Lakeside Stadium on March 13, ahead of the Australian Grand Prix.

Miley Cyrus and Lil Nas X are set to perform at a bushfire relief concert in Melbourne later this month.

Miley Cyrus has cancelled her bushfire relief concert in Melbourne due to fears over the spread of coronavirus.