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IHG warns coronavirus is hotels’ ‘most significant challenge’

Holiday Inn owner outlines ‘visible’ hygiene changes as rival Hilton reports slide in revenue




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FT Weekend Magazine Crossword Number 486




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The London bus drivers on the coronavirus front line

Their critical public service has a price attached. Seamus Murphy photographs these key workers




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Keir Starmer: ‘The government has been slow in nearly all of the major decisions’

The opposition leader on Covid-19, dealing with Corbyn’s legacy and holding Downing St to account




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FT Weekend Quiz: George Bernard Shaw, ‘Frasier’ and Harry Potter

Our ‘Round on the Links’ quiz tests your ability to draw connections. Thinking caps on!




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FT Weekend Magazine Crossword Number 487




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UK should consider border controls, say independent scientists

Britain failed to take advantage of island status, warns panel, as it calls for more transparency




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There are worrying signs of a post-Covid cancer surge

Hope is not lost. An army of organisations, private hospitals and industries could be mobilised




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Coronavirus reached Europe weeks earlier than thought, say doctors

French patient who fell ill in December found to have had Covid-19 after samples retested




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The World Health Organization can be reformed

Although it suffers from lack of independence, it should be fixed rather than scrapped




or

Learning to lead in China’s coronavirus crisis

Dr Kate Gaynor’s executive education was soon tested as general manager of a Chinese hospital




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Luckin Coffee investigated by top Chinese regulator

Concern in Beijing that accounting scandal could damage other overseas listings




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Trump orders meat-processing plants to stay open

Fears of food shortages as coronavirus forces facilities to shut and US cases top 1m




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Illycaffè expects coronavirus hit to revenues despite online boost

Lockdowns and restrictions set to halt Italian coffee maker’s 17-year growth trajectory




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US meat inspectors given new role looking after people

Agency overseeing slaughterhouse reopenings has previously said worker safety is not its job




or

Opposition rises to exit package for ex-McDonald’s chief

Steve Easterbrook lost his job after relationship with colleague but kept stock options




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Coronavirus: return to work divides US meat industry  

Donald Trump wants to reopen meatpacking plants amid fears of food shortages but unions warn of ‘sacrificial workers’




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Lloyds' offshore banking problem, Facebook's Libra and US stress tests

Patrick Jenkins and guests discuss Lloyds Bank and its offshore banking problems, the latest on the regulatory tests facing Facebook's Libra initiative, and how banks have fared in this year's US Fed stress tests.


Contributors: Patrick Jenkins, financial editor, Nick Megaw, retail banking correspondent, Hannah Murphy, technology correspondent, and Kiran Stacey, US regulatory correspondent. Producer: Fiona Symon


 

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Deutsche Bank overhaul, Orcel's Santander lawsuit and Dublin's banking ambitions

Patrick Jenkins and guests discuss Deutsche Bank's radical overhaul, Andrea Orcel's lawsuit against Santander and Ireland's plans to expand Dublin as a financial centre. With special guest Michael D'Arcy, Irish financial services minister.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Olaf Storbeck, Frankfurt financial correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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UK mortgage market, Indian banks and UBS leadership

Patrick Jenkins and guests discuss the outlook for the UK mortgage market, the reform of India's state-owned banks and leadership changes at UBS. With special guest Darren Cook, Mortgage Analytics Manager at Moneyfacts.


Contributors: Patrick Jenkins, financial editor, Nicholas Megaw, retail banking correspondent, Benjamin Parkin, Mumbai correspondent, Alice Ross, wealth correspondent, and Stephen Morris, European banking correspondent. Producer: Fiona Symon

 

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Facebook's Libra, UK digital banks and JPMorgan metals traders charged

Patrick Jenkins and guests discuss Facebook's recent talks with the world's central bankers on its plans for a digital currency, whether the UK's challenger banks can maintain their astonishing rate of expansion, and a potential scandal at JPMorgan as three of its metals traders are charged with market manipulation. With special guest Tom Merry, managing director at Accenture Strategy.


All FT stories will be free to read on Wednesday September 18th when there will be a paywall freeze. Here are some recommendations to get you started:

ECB prepared to cut rates again, says its chief economist

Swedbank admits to money-laundering failings

https://www.ft.com/content/c65b32d8-d648-11e9-a0bd-ab8ec6435630


Contributors: Patrick Jenkins, financial editor, Mehreen Khan, Brussels correspondent, Nicholas Megaw, retail banking correspondent, and Henry Sanderson, commodities correspondent. Producer: Fiona Symon

 

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RBS's new chief, Swiss hiring spat and who advised WeWork?

Patrick Jenkins and guests discuss RBS as Alison Rose, the first woman to lead one of the UK’s top banks, takes the helm, Iqbal Khan and the hiring spat between Credit Suisse and UBS, and the role of US investment banks in the failed WeWork IPO. With special guest John Cronin of Goodbody stockbrokers in Dublin.


Contributors: Patrick Jenkins, financial editor, Nicholas Megaw, retail banking correspondent, Stephen Morris, European banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Barclays trial, climate initiative and Fed regulatory reprieve

Patrick Jenkins and guests discuss the retrial of former Barclays bankers over the bank's arrangements with Qatar at the height of the financial crisis, the poor level of support among banks for a climate change initiative backed by Bank of England governor Mark Carney, and the Fed's decision to drop the introduction of tougher liquidity rules for foreign banks. With special guest, Erkin Nosinov, a director at BCS Consulting.


Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, David Crow, banking editor, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Payment fraud, DBank leadership and JPMorgan loans

Patrick Jenkins and guests discuss push-payment fraud in the UK and who should compensate the victims, why Deutsche Bank is coming under pressure from investors to appoint a new investment banking chief, and why JPMorgan Chase in the US has been selling off loans from its balance sheet. With special guests: Stephen Jones, chief executive of the banking association UK Finance and Rushanara Ali, Labour MP and member of the UK Treasury Select Committee.


Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, Stephen Morris, European banking correspondent, and Robert Armstrong, US financial editor. Producer: Fiona Symon

 

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Google eyes Citigroup for new banking venture

Patrick Jenkins and guests discuss Google's move towards banking that could see it team up with Citigroup, why Australia's big four are facing difficult times and what's in the report on TSB's software failure last year. With special guest Masha Cilliers, Specialist Payments Partner at Be.


Contributors: Patrick Jenkins, financial editor, Tim Bradshaw, global tech correspondent, Robert Armstrong, chief editorial writer, Jamie Smyth, Australia correspondent and Nicholas Megaw, retail banking correspondent. Producers: Persis Love and Aimee Keane.

 

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Outlook for German banks

Patrick Jenkins and guests discuss the health of German banks in the wake of bearish comments from Moody's and the Bundesbank, Unicredit's potential share buyback and why European banks appear to be retrenching in the US. With special guest Magdalena Stoklosa head of European banks research at Morgan Stanley.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Olaf Storbeck, Frankfurt correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Bank capital rules, peer-to-peer lenders and Goldman for the masses

Patrick Jenkins and guests discuss whether regulators are easing up on bank capital rules, tough times for UK peer-to-peer lenders, and why Goldman Sachs is planning to bring wealth management to the masses. With special guest Harald Benink, professor of banking and finance at Tilburg University in the Netherlands.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Nicholas Megaw, retail banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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UK stress tests, racism at JPMorgan and predictions for 2020

Patrick Jenkins and guests discuss what the latest stress tests tell us about the health of UK banks, racism in US banking after recent revelations about the treatment of black customers at JPMorgan Chase, and predictions for the year ahead. With special guest Laurie Mayers, associate managing director at Moody's.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Nicholas Megaw, retail banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Davos News, Bank of America outlook and JPMorgan's shift towards Paris

Patrick Jenkins and guests discuss the latest from the World Economic Forum in Davos, the outlook for Bank of America, and JPMorgan Chase's decision to buy a second office in Paris. With special guest Brian Moynihan, chief executive of Bank of America. 


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Laura Noonan, US banking editor, and Stephen Morris, European banking correspondent. Producer: Fiona Symon

 

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Coronavirus contingency planning

Matthew Vincent and guests discuss European banks' readiness to handle a coronavirus epidemic, whether Europe’s investment banks are in full retreat in the US, and Deutsche Bank’s compliance problems in the UK. With special guest Miles Celic, chief executive of TheCityUK


Contrbitutors: Matthew Vincent, regulation correspondent, Katie Martin, capital markets editor, Stephen Morris, European banking correspondent, and Laura Noonan, US banking editor. Producers: Fiona Symon and Persis Love

 

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Coronavirus and the new oil price war

How are banks dealing with the market chaos caused by coronavirus and the new oil price war? Also, Bob Diamond has appointed his flamboyant former right-hand man at Barclays, Rich Ricci, as chief executive of Panmure Gordon, the lossmaking UK stockbroker he bought two years ago. What are the two musketeers now up to? And we also hear from special guest Katie Murray, chief financial officer of RBS.


Contributors: Host, Matthew Vincent, regulation correspondent, Stephen Morris, European banking correspondent, Laura Noonan, US banking editor, and Nicolas Megaw, retail banking correspondent. Producers: Andrew Georgiades and Breen Turner.

 

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Behind the Money: Ford, GM and the corporate dash for cash

Behind the Money is a podcast from the Financial Times that takes listeners inside the business and financial stories of the moment, with reporting from FT journalists around the world. You can find Behind the Money wherever you get your podcasts, including FT.com/behindthemoney.


When credit markets seized up earlier in March, more than 130 companies rushed to their lenders to draw down at least $124bn of emergency credit lines to shore up cash, with Ford and General Motors drawing among the largest amounts. We look at how the auto industry is preparing for the economic uncertainty that lies ahead. With the FT's Peter Campbell and Gillian Tett.

 

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Iraq warns over threat to public sector pay from oil price collapse

Prime minister designate says government could be unable to pay half of the salaries of 3m-strong workforce next month




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Expats in Dubai call for cut in their children’s school fees

Struggling parents demand help as work dries up due to coronavirus crisis




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World’s worst humanitarian crisis deepens as coronavirus hits Yemen

UN official warns that war-ravaged country cannot deal with an outbreak of the disease




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Libyans suffer water and gas shortages as they confront Covid-19 

Worsening conditions in the capital increase threat posed by the virus




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The Arab medics battling coronavirus in Israel’s divided society

Community is politically marginalised but makes up one-fifth of doctors and a quarter of nurses




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Ramadan under coronavirus: ‘It will be bittersweet’

Most mosques shuttered and gatherings banned as Islamic world prepares for holy month




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Coronavirus deepens frustrations of young in Middle East

Pandemic stopped protests in Iraq, Algeria and Lebanon, but crisis likely to fuel fresh wave of unrest




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Iran’s borders reopen as government seeks to revive regional trade

Islamic republic eases coronavirus restrictions in effort to boost struggling economy




or

Letter from Beirut: amid the protests, dreams of the dance floor

Nightlife, resilient to war and terrorism, has been paralysed by coronavirus




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Egyptian opposition calls for probe into death of film-maker

Shady Habash died in prison aged 22 and had been held without trial for two years




or

Abdullah al-Hamid, Saudi reformer, 1951-2020

An activist who dug his own course in pursuit of reform




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Mary Portas: The cull of retail businesses spells the end for mediocre malls

Too many big brands have been coasting for too long




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For fashion labels launched during the pandemic, what now?

In fashion, timing is everything. When coronavirus turned the world upside down, these new brands had to pivot quickly to survive




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Keep the blazer, lose the tie: the new rules of home workwear

Stylists advise on how to look professional when working remotely. Join a live discussion on Friday April 24 at noon and 5pm




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The pitfalls of dressing for ‘virtual parliament’

The suits, the soft furnishings: a revealing glimpse of our MPs’ style choices




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Fashion writers’ recommendations for lockdown reading

Books that give creative inspiration and comfort during isolation




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The US must act to protect its most vulnerable workers 

Policymakers should use this opportunity to broaden, not trim, health benefits




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Trump’s support rallies around his flag in the Midwest

Republicans continue to give the US president high marks for his handling of coronavirus