Andrew Edgecliffe-Johnson, Hannah Kuchler and Gideon Rachman assess the next stage of the coronavirus crisis

Gideon Rachman talks to Joseph Nye about the role of morality in shaping foreign policy

Activist investor sought to take control of strategy at French group led by Arnaud Lagardère

Private equity firms in separate discussions to back coronavirus-hit Serie A

Player values tumble as Europe’s top teams prepare to cut spending after pandemic weakens revenues

Union Investment says new outside executives are needed to move the company on after special audit

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

Combination of O2 and Virgin Media set to transform British telecoms market

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

Online retailer’s partnerships with fashion brands should support growth and lift margins

O2 and Virgin Media’s £31bn merger is one of the biggest examples of virtual dealmaking during pandemic

Discovery in Zenith factory attic helps watchmaker claim the first all-black wristwatch title

Bundesbank told to halt participation unless central bank shows policy is ‘proportionate’

Horseman Capital’s Russell Clark has sold his holdings in government bonds

Coveted top-quality rating hanging by a thread as Moody’s decision looms

Two- and five-year yields hit record lows as futures investors anticipate negative rates

Companies are seeking to tap whatever sources of affordable funding are available

Citigroup was biggest lender but Deutsche, Barclays and SocGen are also on the hook

Regional trading blocs would better align mutual interests and provide stability

Glencore-backed First Cobalt to open Canada refinery this year in attempt to cut reliance on China

IEA expects global consumption will decline 8% this year in largest drop since second world war

French energy group makes emissions pledge as first-quarter profits drop 35%

North Dakota’s oil sector has ‘never been through a downturn like this’

An esoteric choice they may be for private investors, but if you’re selective they can add value

New Sipp dealing account has no annual management fee

Scottish Power has launched a new energy plan that allows customers to fix their bills

Lowest five-year fix in UK history

First-time buyers receive £600 cashback if they save for 10 out of 12 months before taking out a Halifax mortgage

Corporate bond links income and capital to inflation

Read the small print on ‘free’ offer

Timely relaunch allows savers to keep pace with the rising cost of living

Santander private banking arm’s six-year savings product

Pension funds need to spend less time on ESG and get back to basics

Companies running defined benefit pension schemes ask regulator to extend payment holidays

As numbers and statistics come to the fore, can we boost national numeracy?

Key markets simmering during the thin trading sessions around year-end

Outbreak ripples across US, European and Asian equity markets

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

The holes in the investment case were there, but not many were looking

Mauricio Leyva to advise German family company on expanding beverages arm

Brazilian prosecutors also accuse miner and safety group of environmental crimes

Activist investor has almost quadrupled his stake in battered US oil producer

Chief expects weak demand from mills outside China to offset supply disruptions elsewhere

Brazilian jet maker to seek damages from US group, which counters it is within its rights to terminate deal

SoftBank-funded fintech challenger Ualá expands rapidly amid the pandemic

Brazilian group alleges tycoon’s family-controlled mining arm fraudulently funnelled $500m into Manhattan real estate

Putting aside £100 a week is just a pipe dream — and what would it achieve anyway?