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US stocks jump 6% on stimulus hopes

Investors still on edge amid fears over economic impact of widespread shutdowns




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Wall Street has best day in decade as stimulus nears

S&P 500 closes more than 9% higher as investors cheer Fed backstops and political progress




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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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Nationwide pulls tracker mortgages after historic base rate cut 

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




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Fannie and Freddie could need bailout if lockdown lasts

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




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Brighton theatre fears lockdown could bring curtain down permanently

Survival of coastal city’s vibrant arts scene will depend on community ‘being on the front foot’




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US lawmakers clash over new stimulus as jobless rate soars

Scale of unemployment underscores urgency of additional emergency relief funds




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Axa criticises regulatory confusion over dividend policy

Chief executive Thomas Buberl says different guidance between countries ‘difficult to accept’




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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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Governments should backstop trade credit

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.




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Admiral pulls special dividend but maintains final payout 

Insurers have been urged by regulators to reconsider shareholder payments during lockdown




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Insurers are starting to pull trade credit protection 

Euler Hermes has written to some brokers, saying it will offer less support in the UK if the government does not agree to backstop trade credit insurers. 




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UK regulator to seek court ruling on business interruption insurance

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




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Markets should beware this morally hazardous approach to policymaking

Central banks repeatedly set the stage for the next boom and bust cycle, fuelled by growing debt




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Ida B Wells’ overdue Pulitzer helps rebalance history

Black journalist forced America to confront the evils of lynching




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The old are not equally vulnerable to Covid-19

Reducing pensioners to ‘old dears’ ignores their wisdom and physical vitality




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Relax tax rules on pensions access, argues Sir Steve Webb 

Former pensions minister says the crisis means greater flexibility is needed 




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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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Suspended UK pension contributions could total £1bn

FT survey estimates that 1 in 10 employers with defined benefit schemes may look to suspend payments




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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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I am struggling to secure a job in the UK — should I return home?

Your question for our expert — and readers’ advice




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Mulberry creative chief Johnny Coca to depart

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




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Odey called out over Brazil agriculture investment

Global Witness highlights UK hedge fund’s stake in company accused of environmental violations




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EY orders consultants to take time off as work slows

Financial services unit mandate a ‘first step’ in adjusting to decline in business




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French markets regulator backs extension of short-selling ban

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings




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Wall St urges caution as bulls rush into recovery bets

S&P up 23% from March nadir on back of state coronavirus action — but more falls possible, warn analysts




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US stocks rise on hopes outbreak could be nearing peak

Asia-Pacific indices broadly higher after S&P 500 closes up 3.4%




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Global stocks rise as Japan launches new stimulus round

Stocks rise but crude tumbles as world’s largest oil ETF cuts stake




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3D-printed houses could become concrete reality

The technology has significant potential to shake up the construction sector




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A Biden presidency could not turn back the clock on Trump

It is an illusion to see victory for the former US vice-president as a geopolitical calendar reset




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The pandemic could bring a global ceasefire

Several long-running conflicts are edging towards a temporary halt to hostilities




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UniCredit overhaul faces years-long delay as pandemic takes toll

Jean Pierre Mustier’s nascent turnround derailed as bank slips to first-quarter loss




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Euro weakens after German court ruling on ECB’s bond-buying

Strategists expect concerns about eurozone stability to dent the currency




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Interview: Frédéric Arnault takes a bite out of Apple’s smartwatch market

Tag Heuer’s digital chief sees connected watches as a point of entry to the mechanical models




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US Treasury plumps for longer-term debt to fund $3tn stimulus

Details of historic borrowing plans send government bond yields higher




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Texas regulator drops effort to force oil production cuts

Railroad commissioner had called for using decades-old state rules to reduce output




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Could investing in military tech make your portfolio more defensive?

Whether we like it or not, spending on arms and security will rise in the next few years 




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Why US mortgage rates should be even lower

Uncertainty over loan forbearance prevents savings being passed on




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Pension Regulator urged to abandon funding review

Covid-19 pandemic increases problems for retirement schemes already in deficit




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Government delays overhaul of business rates

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




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Hedge funds calculate cliff-edge Brexit fears overdone

Lansdowne, Odey and Wadhwani among those betting on a revival of UK equities




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Yield-crazed investors should be wary of Hipgnosis

Music royalties specialist has done well in a strong market for alt investment trusts




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European regulators intervene in bid to stabilise markets

Spanish and Italian bans on short selling follow US Federal Reserve’s liquidity injection




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Tobacco stocks should be doing better out of enforced isolation

The default product of anxious idleness has been sidelined during pandemic




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Simple rules for managing your money

Learning how to budget is a vital skill to master at the beginning of a career




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Coronavirus: Congress passes $484bn interim stimulus package — as it happened

US job gains since financial crisis wiped out. Switzerland faces sharpest economic contraction since 1974. UK and eurozone business activity hit by historic collapse this month as lockdowns choked Europe’s biggest economies.

Read more




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Coronavirus: AIG chief warns virus could be industry’s largest catastrophe loss — as it happened

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

Read more




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Jim Ratcliffe’s Ineos to sponsor Mercedes Formula One team

Move boosts chemicals group’s growing sports investment portfolio




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Oxygen suppliers push for looser regulations

Demand surges as hospitals require more medical oxygen for coronavirus patients on ventilators




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Investors should ask who will buy all the new US government debt

The last time America sold war bonds they were essentially a tax on savers