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Coronavirus fallout deals small US companies a double blow

Small-cap stocks underperformed large-caps throughout the bear market and rally




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Wall Street jumps on coronavirus treatment hopes

Remdesivir news moves markets more than economic data or Fed action




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US stocks fall following new wave of jobless claims

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




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Tata Steel calls on UK to lift £50m cap on coronavirus aid

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




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BA to cut up to 12,000 jobs as aviation outlook darkens

Parent company IAG warns it will take ‘several years’ to return to 2019 passenger levels




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Wizz Air chief bullish over recovery in air travel

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




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‘Too hard to tell’ if US travel ban will be lifted this year, says Mnuchin

Treasury secretary’s comments compound woes for airline sector hit by Buffett’s share sale




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Clean energy groups dodge coronavirus crisis

Priority status as grid suppliers helps Orsted and Iberdrola weather drop in demand




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Coronavirus leads to ‘staggering’ drop in global energy demand

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




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Oil traders turn to salt caves and train cars in storage crisis

Crash into negative prices jolts producers into cutting back




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Endeavour bids £1.5bn for Centamin in gold dealmaking wave

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




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South African Airways suspends some flights to save cash

State-backed carrier starts cancelling flights as vital government funding is delayed




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Japan’s corporate cash-hoarders have moment in sun

Virus’s swift and unforgiving economic effect may silence activists




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Asia stocks higher after latest US coronavirus stimulus

Shares rally this week on hopes that spread of pandemic may be easing




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Hong Kong’s hidebound brokers face coronavirus reckoning

Viral outbreak has sped shift to online platforms, squeezing many traditional outfits




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Blackstone makes new investment in coronavirus-hit casinos

Private equity group acquires 10% stake in Australia’s Crown Resorts




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Coronavirus fears hit UK property market as viewings dry up

Buyers and sellers worry about risk of infection, say agents




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Coronavirus: Pence aide tests positive for Covid-19 — as it happened




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UK quarantine plan poses fresh setback for aviation sector

Airlines and airports say 14-day isolation period would be a ‘death blow’ to industry




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Coronavirus latest: Spain’s Sánchez urges caution as lockdown is eased




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My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




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Aviva, RSA, Direct Line and Hiscox pull dividends 

UK insurers bow to regulatory pressure but L&G has said it would push ahead with payout




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Two UK insurers outline scale of coronavirus claims

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




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How to save pandemic survivors from unemployment

Government must prioritise getting the young back to work




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Maybe Elon Musk won’t save me after all

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




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Coronavirus: Retail investors attempt to navigate crisis

DIY investors and those in pensions drawdown scramble to adapt as stock markets plunge 




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Regulators urge UK savers to ‘keep calm’ during coronavirus volatility

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




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How the coronavirus threatens Asia-Pacific’s $7tn pensions market

Sector across region hit by fears of panicked mass withdrawals due to pandemic




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Consumers warned over surge in coronavirus scams

Fraudsters are exploiting fears over pandemic to target pension savers, investors and online consumers




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Aviva pension clients barred from cashing in property assets

Provider cites coronavirus market turmoil for uncertainty over valuations




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Coronavirus crisis inflicts a double blow to pensions

Retirement plans have suffered tumbling asset values and ballooning liabilities




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US state pension system hit hard by coronavirus pandemic

Sharp falls across financial markets in March have caused large drop in aggregate funded ratio




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BNP warns coronavirus could dent 2020 profits by a fifth

‘Drastic revisit’ of outlook at French bank as dividend cuts and cancellations hit equities trading




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Force banks to take on more capital, says Sajid Javid

Former chancellor urges lenders to keep credit flowing and not just weather the storm




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How coronavirus will change fashion’s supply chains

Disruptions set to revive local manufacturing as designers look to avoid reliance on distant hubs




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Wall Street stages late rally to shave week’s losses

Key measure of American business investment fell only marginally last month




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Slowing coronavirus spread calms US and European markets

Volatility gauges for both regions show sharp falls from historic highs in March




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Coronavirus pandemic deals heavy blow to UK construction activity

Work in the sector slows at fastest rate since financial crisis




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UK construction stalls as coronavirus takes toll

Housebuilder Barratt furloughs all but 15% of workforce and slashes executive pay




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Carrie Lam mounts Hong Kong charm offensive in Davos

Chief executive defends government’s handing of protesters and police conduct




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Coronavirus: how the outbreak is changing global politics

The epidemic could weaken Donald Trump and Xi Jinping, feed conspiracy theories and lead to closed borders




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Nationalism is a side effect of coronavirus

The pushback against globalisation will come from protectionists, national-security hawks and greens




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Life in Europe’s coronavirus hotspots

Miles Johnson and Daniel Dombey discuss the lockdowns in Italy and Spain




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Coronavirus and the threat to US supremacy

Two questions serve as a reality check on excessive American declinism




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Francis Fukuyama on coronavirus and the crisis of trust

How do democracies measure up against autocratic regimes in handling the pandemic?




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How strongman leaders will exploit coronavirus crisis

It is easy to take advantage of frightened people who have accepted infringements on freedom




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Coronavirus threatens €10bn hit to football transfer market

Player values tumble as Europe’s top teams prepare to cut spending after pandemic weakens revenues




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Renewables sector shrugs off devastating effects of coronavirus

Developers of clean energy projects defy wider turmoil in the global energy markets




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Deal of the week: Scottish Power Online Fixed Saver

Scottish Power has launched a new energy plan that allows customers to fix their bills




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Deal of the week: Halifax’s Head Start Home Saver

First-time buyers receive £600 cashback if they save for 10 out of 12 months before taking out a Halifax mortgage