Strategy shift comes shortly after $1.4tn fund’s CIO tweeted he was stepping down

Change in Kospi 200 composition prompts US venues to suspend related derivatives

Virus’s swift and unforgiving economic effect may silence activists

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

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

Households urged to consider options such as reduced payments instead of delaying debt

60 per cent decline in sales predicted in the next three months

Non-bank lenders put on downgrade watch as sector braces for wave of borrowers not paying

Homebuyers trying to chip the price of property deals could be disappointed 

The time it takes for employees to be assessed is putting companies in delicate legal territory

Calls for safety assurances despite concern over educational impact

Former Navy Seal who trained some of ragtag crew tells FT plan was ‘half-cocked’ and ‘inept’

‘There are no warranties when you take on an insolvent company’

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

Industry expects a sharp decline in claims as drivers stay at home during coronavirus pandemic

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

Move by UK group will put pressure on other insurers to follow suit 

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes

Government must prioritise getting the young back to work

Cutting tuition fees is no longer realistic, but there are other ways to better support vital courses

Market volatility has temporarily halted the £80bn final salary transfer market, yet there is increased desire to cash in 

Join a live discussion with FT’s pensions correspondent Josephine Cumbo at 12pm and 5pm UK time on Wednesday April 22 

The Pensions Regulator and former minister Sir Steve Webb take part in online debate 

Judicial review sought over alleged breach of 2015 law, claiming cost benefits should go to scheme members

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

Executive points to ‘heaps of liquidity’ as members get access to cash due to coronavirus

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

The baseball team’s victory in the World Series reflects the city’s wider resurgence

She turned the agency into a diplomatic and moral force

Yoox-Net-a-Porter and Paul Smith join list of brands that have suspended ecommerce sales

Cleaning products up, shaving items and make-up down in household goods group’s best quarter in years

Homeworking prompts decline in demand for consumer group’s skin and haircare products

Consumer goods group missed its moment but there is much to keep investors onside

UK fintech plans to use recent $500m fundraising to buy rivals hit by coronavirus pandemic

Billionaire CQS trader hurt by exposure to default-ridden energy sector

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

S&P 500 closes lower as investors await more evidence of progress against virus and extra stimulus

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.

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

Lockdown threatens UK’s push to tackle national housing shortage

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

The pro-Beijing venture capitalist on Trump, China’s rise — and Xi Jinping’s ‘little red app’

Human rights are regressing worldwide and the UN’s ability to defend them is under attack

Gro Harlem Brundtland on lessons of SARS and how to handle a pandemic

Alternative providers fear it will harm competition in market for loans to small business

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

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

European Commission seeks to strengthen enforcement powers after banking scandals

ECB intends to resist court injunction to justify its sovereign bond purchases

Airline forecasts capacity will be almost wiped out in the second quarter