Paper released by UK regulators homes in on tactic known as latency arbitrage

UK interdealer broker forecasts low single-digit revenue growth for the year

Dutch bank was forced to close out positions at substantial loss

Watchdogs put 12-month extension on new margin requirements, citing coronavirus threat

Business being bought from Blackstone-led consortium has lost ground to Bloomberg

Hedge fund calls for court investigation into 2018 transfer of MyTheresa

Pandemic forces rethink of luxury industry after cancellation of fairs

The story of Robert Iger’s career as a leader is a thoughtful tale of surviving disruption

Fortunes are created by technology and globalisation, as well as talent and enterprise

In a polarised time, the broadcaster has won listeners by embracing confrontation

From high-tech to hygge, our homes changed at top speed in the 2010s — what will the 2020s bring?

Sell-off dents investment holdings despite uptick in operating profit

Destocking is at an end and global consumption is expected to rise this year

Homeowners must use ‘cleaner alternatives’ for coal fires and wood-burning stoves from 2021

Chinese producer moves to offload some of its majority holding in Australia’s Greenbushes project

Country’s production this year expected to top 2019 if coronavirus kept at bay

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

German airline looks at procedure similar to Chapter 11 bankruptcy amid dispute over bailout conditions

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

Airline’s operations at London’s second biggest airport face brunt of 12,000 job cuts

Post-Brexit Britain will need a viable industry to support global role

Incoming CEO tells investors and carrier’s 96,000 staff that he will not duck hard decisions

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

US oil producer pledges to reduce output by more than a third in June

If stimulus is well targeted, Boris Johnson’s government may achieve something of elegance

Benin crossing has been shut for three months, halting trade on vital frontier

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

Eskom will remove 6,000 megawatts of demand to avert total collapse of national grid

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

Pretoria has waived rules that prevented mining groups generating electricity for their own use

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

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

Country becomes first in world to halt all stock, bond and currency trading

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

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

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

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

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

We grew too fast, but came back stronger

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

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

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

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

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

Black journalist forced America to confront the evils of lynching

As global lockdowns boost streaming subscriptions, filming freezes spell trouble ahead

Some families of medics who die in service will receive higher payouts than others under current rules

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

Provider cites coronavirus market turmoil for uncertainty over valuations

Retirement plans have suffered tumbling asset values and ballooning liabilities