Hedge fund chief bets on stockmarket recovery after profiting from coronavirus sell-off

In crisis mode, profits and growth matter much less than ability to ride out a downturn

FT's Robert Armstrong looks at a disconnect between the US stock market and the economy

Small-cap stocks underperformed large-caps throughout the bear market and rally

Remdesivir news moves markets more than economic data or Fed action

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

Bids complicate Chinese investor’s efforts to buy out whole of troubled company

Price of key steelmaking ingredient has held up, despite big drop in economic activity

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

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

Lenders and lessors had little alternative but to accept the debt-for equity swap

Virgin Atlantic could be followed by British Airways in abandoning UK’s second-biggest gateway

How Virgin Galactic might help the rest of the group escape the gravitational pull of coronavirus

Priority status as grid suppliers helps Orsted and Iberdrola weather drop in demand

Move in response to drop in prices and demand and honours unofficial pact with Opec

Fall could be the equivalent of India’s total annual consumption, IEA says

Oil price collapse triggered by coronavirus pandemic almost halves Anglo-Dutch group’s earnings

Crash into negative prices jolts producers into cutting back

Companies analysis from our sister publication

Shareholders’ incentives can make them more long-termist than company managers

In future it may have to be budget stimulus that rides to the rescue

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

Canadian group makes all-stock proposal public after talks fail to get off ground

Telecoms group seeks to turn mobile payments unit into provider of wider services

Legislation cuts taxes for some enterprises while increasing VAT

McKinsey, BCG and PwC named in records showing allegations of looting by Angolan billionaire

Suspected suicide comes as Angolan billionaire indicted for money laundering

Prospective deal comes as Riyadh-listed STC seeks to expand regionally

Move could pave way for company to shift primary listing to London

Central African Republic has just three ventilators for its 5m people

South African ecommerce group insists it remains in acquisition mode

Wall Street’s late sell-off came on top of Europe’s worst-ever single day performance

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

S&P 500 gives back some of its earlier rally as US stimulus package attracts objections on Capitol Hill

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

Shares rally this week on hopes that spread of pandemic may be easing

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

Private equity group acquires 10% stake in Australia’s Crown Resorts

Buyers and sellers worry about risk of infection, say agents

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 

US central bank accelerates purchases to stabilise market for securities backed by home loans

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

Regulatory action sought to prevent intervention from having unintended consequences