k

Energy groups seek help on payment holidays

Loan scheme worth up to £100m a month would allow suppliers to assist struggling customers




k

Centrica suspends dividend as Ovo furloughs 3,400 workers

First signs of severity of coronavirus pandemic on UK energy sector 




k

ScottishPower breaks ranks on energy bailout calls

Supplier says sector should be ‘back of the queue’ for additional government support




k

Telefónica/Liberty: rainy day dealmaking

Potential cost cuts should not be used as justification for a UK telecoms tie-up




k

Lex Midweek Letter: Amazon’s May Day mayday

Customers and investors may appear immune to staff complaints but regulators have not lost interest




k

New York Times: eclectic current

The website this week notched up 240m unique visitors




k

Brookfield launches $5bn rescue fund for retailers

Investment group that owns US malls pledges to help groups weather coronavirus crisis




k

What will the UK property market look like after lockdown?

Join our live discussion with buying agent Henry Pryor on Friday May 8 at 12 and 5pm UK time




k

Architect of Sweden’s no-lockdown strategy insists it will pay off

Epidemiologist Anders Tegnell says other countries could face big ‘second wave’




k

Coronavirus tracked: the latest figures as countries fight to contain the pandemic

The FT analyses the scale of outbreaks and the number of deaths around the world




k

Turkey slashes rates in bid to shore up economy against coronavirus

Eighth consecutive cut could heap fresh pressure on already struggling lira




k

Swiss central bank suffers record loss in market rout

First-quarter volatility deals $39bn blow to SNB as it steps up fight for Swiss franc




k

Credit risk inside the hall of mirrors

Mike Mackenzie’s daily analysis of what’s moving global markets




k

Turkey digs in for currency battle

‘Cat-and-mouse game’ pitches central bank against market forces




k

Top US official plays down Turkey’s prospects of securing dollar finance

Large foreign financing requirement and small reserves leave Erdogan facing cash crunch




k

Turkish lira succumbs to pressure and weakens past 7 to dollar

Currency softens beyond key level as investors brace themselves for more interest rate cuts




k

US stock sell-off wipes out gains for the week

S&P 500 falls after Big Tech raises red flags over virus impact and US-China tensions ratchet higher




k

Will the Bank of England announce more QE?

Market Questions is the FT’s guide to the week ahead




k

Iran’s parliament backs move to cut 4 zeros from its currency

Rial to be changed to the toman after five decades of inflation




k

UK pound slips more than 1% in first two trading days of May

Sterling under pressure from US-China angst and renewed Brexit concerns




k

Swiss National Bank’s swollen balance-sheet poses risk to ‘credibility’

Analysts fear unintended consequences of central bank’s vast foreign-currency holdings




k

Stablecoins as a collateral sinkhole

There’s a chronic paradox at the heart of stablecoin-based payment systems that will render them cost-prohibitive.




k

Turkish lira nears record low after efforts to curb selling

Country’s finance minister seeks to reassure investors on impact of Covid-19




k

Facebook’s Libra appoints Bush-era terrorism finance tsar as first chief

Stuart Levey, known for tough enforcement of sanctions on Iran, will head digital currency project




k

Turkey bans FX trades with UBS, Citi and BNP as lira hits record low

Ankara’s banking regulator acts after currency slides below level reached in 2018 crisis




k

Global economy is at risk from monetary policy black hole

Governments should borrow more to stave off secular stagnation




k

Markets are out of step with economic reality

Investors are looking to the future, but should beware of over-optimism




k

Pandemic is putting banks’ resilience to the test

Regulators must ensure that lenders’ defences are sufficiently robust




k

How to help the poorest through the lockdowns

Near-unconditional cash transfers are the most efficient form of relief




k

Bankrupt Lebanon’s turn to IMF is overdue

A bailout is the Mediterranean country’s only option to refloat its sinking economy




k

How to move workers on to the land

Replacing migrant fruit and vegetable pickers is harder than expected




k

Virus outbreak on French warship sparks military weakness fears

Potential adversaries could seek to exploit vulnerabilities triggered by pandemic, warn analysts




k

US regulator grants exemption for drone flight during lockdown

Oil and gas company in Texas given approval to use unmanned aircraft to inspect vital infrastructure




k

Boeing cuts jobs and production as aircraft demand sinks

‘We will be a smaller company for a while,’ says chief David Calhoun




k

Boeing taps bond market for $25bn to tide it over corona crisis

Aircraft maker says strong demand for offering has removed need for government funding




k

European regulator takes another shot at ‘dark pools’

Watchdog also offers concession on post-Brexit share trading




k

Central banks ‘hesitant’ on digital currencies, says ex-governor

Christian Noyer believes projects available to consumers are a way off yet




k

US market data shake-up aims to narrow HFTs’ advantage

SEC sets out proposal to provide investors with faster, broader trading figures




k

Banks fear Ion/Broadway deal will push up forex fees

Acquisition allows group to build bigger share of the $6.6tn-a-day market




k

TP ICAP hits record trading volumes from market volatility

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




k

Could shutting exchanges stop the markets rot?

US Treasury secretary floats idea of shorter trading hours as staffing hit by virus




k

Banks press exchanges for virus contingency plans

Industry associations demand detail to manage risk of trading from home




k

ABN Amro takes $200m hit from failure of a single client

Dutch bank was forced to close out positions at substantial loss




k

Global regulators delay derivatives rules due to market volatility

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




k

NYSE to review circuit-breakers after sharp drops

US benchmark S&P 500 can drop a maximum 7 per cent before first protection kicks in




k

LSE to pay dividend after riding market turbulence

Frantic trading across financial markets pushes revenues up at the exchange and financial data group




k

Interactive Brokers takes $88m hit from crude futures collapse

Shares in brokerage firm drop overnight after it discloses payments to clearing houses




k

Branson clears path to sell $1bn stake in Virgin Galactic

Filing opens door to potential sale of half of Virgin Group’s holding in space venture




k

Neiman Marcus creditor eyes online business in bankruptcy fight

Hedge fund calls for court investigation into 2018 transfer of MyTheresa




k

A £31bn merger and a master dealmaker in action

John Malone shows his adroitness in deal between Liberty Global and Telefónica