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

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

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

China looks set to pour billions in national savings down a black hole

First state company to enter business rescue since end of apartheid

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

Telecoms group seeks to turn mobile payments unit into provider of wider services

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

Suspected suicide comes as Angolan billionaire indicted for money laundering

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

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

Two Gulf companies shipped jet fuel to renegade general Khalifa Haftar, documents show

Japanese tech group’s splurge on its own shares is not enough to impress investors

Trading restrictions did not work in the past; there is less reason for them to work this time

The Japanese tech investment group is looking increasingly challenged

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

Emergency move to prevent people being thrown out because of virus

Rising prices and flat tax thresholds since 2015 mean more homes in London and Southeast are in the top band

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 

Lobby groups led by UK Finance warn there is likelihood of ‘severe’ impact to borrowers

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties

Regulatory action sought to prevent intervention from having unintended consequences

Regulator says US mortgage guarantors have sufficient resources for about 12 weeks

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

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

Sharma signals tapering of scheme as Johnson prepares to announce road map out of lockdown

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

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

From hedge fund manager to making children’s festive dreams come true

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

As corporate insolvencies soar and firms try to hang on to their cash as long as possible, expect to hear a lot more about trade credit insurance.

Black journalist forced America to confront the evils of lynching

Provider cites coronavirus market turmoil for uncertainty over valuations

Court rules government guidance that bans boycotts against foreign countries is unlawful

UK lender is latest to warn coronavirus-induced economic disruption will hit its clients

Light touch checks on UK borrowers raise fears of defaults on loans and fraud

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

PwC’s finest scientific minds attempt to prove banks can exist in two states at once

Matriarch of formidable political clan was known for her sharp tongue and strong character

Sportswear maker apologises but warns it cannot bear virus lockdown for long   

Legal marijuana producers also report spike in demand during lockdown 

Healthcare tech group chief calls estimate to deal with coronavirus ‘conservative’ as it boosts medical equipment production

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation

Hedge fund billionaire cites Silver Lake-backed company’s reliance on international travel

Billionaire investor hits winning bets in global macro after closing to external money

Since their peak almost a month ago, European banks indices have plunged 40 per cent

Organisers expected to delay flagship event in order to let European domestic leagues finish

‘We are ready to go further,’ says French minister after issuing temporary prohibitions