on

Last Hope Island by Lynne Olson — the other Allies

The men and women from occupied Europe who helped defeat Hitler




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Tony Mendez, CIA agent, 1940-2019

Master of disguise who plotted the ‘Argo’ escape from Iran




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Washington diary: falling under the Nationals’ spell

The baseball team’s victory in the World Series reflects the city’s wider resurgence




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Sadako Ogata, UN High Commissioner for Refugees, 1927-2019

She turned the agency into a diplomatic and moral force




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Yasuhiro Nakasone, Japan prime minister, 1918-2019

A nationalist who could temper his dogma and made his presence felt across the globe




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Retailers under pressure to close online operations

Yoox-Net-a-Porter and Paul Smith join list of brands that have suspended ecommerce sales




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Recession pushes Hong Kong shoppers to sell their luxury goods

Consumers seeking quick cash unload designer bags, jewellery and luxury watches




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How coronavirus will change fashion’s supply chains

Disruptions set to revive local manufacturing as designers look to avoid reliance on distant hubs




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Adidas backtracks on rent freeze after public outcry

Sportswear maker apologises but warns it cannot bear virus lockdown for long   




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Smokers stock up on tobacco and nicotine products

Legal marijuana producers also report spike in demand during lockdown 




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LVMH and L’Oréal upbeat on recovery

Luxury and beauty bellwethers predict gradual rebound once coronavirus shutdowns end




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Lockdowns lower personal grooming standards, says Unilever

Homeworking prompts decline in demand for consumer group’s skin and haircare products




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Trump claims disinfectant ‘injection’ idea was sarcasm

Medical community warns of dangers from use of cleaning agent as internal treatment




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Retail: fast fashion, interrupted

Coronavirus is highlighting more than the industry’s wasteful ways; its iniquitous supply chain is also in the spotlight




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The future of fashion — focus on sustainability

How the crisis will revolutionise brands, fashion weeks and personal style




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Revolut on the hunt for acquisitions

UK fintech plans to use recent $500m fundraising to buy rivals hit by coronavirus pandemic




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JPMorgan among new backers for paperless voting fintech

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual




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EY orders consultants to take time off as work slows

Financial services unit mandate a ‘first step’ in adjusting to decline in business




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Louis Bacon’s Moore Capital gains after going it alone

Billionaire investor hits winning bets in global macro after closing to external money




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This market was in trouble long before the virus hit

Harsher medicine this time round would put asset prices on a better long-term footing




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Euro 2020 football tournament set to be postponed

Organisers expected to delay flagship event in order to let European domestic leagues finish




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Global stocks, oil and government bonds tumble 

Dow wipes out gains of the Trump presidency amid fears antivirus measures are inadequate




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Global stocks end higher on hopes of oil price war truce

Energy sector leads US S&P 500 to 2.3% gain   




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US stocks in sharp late rally on hopes virus is slowing

S&P 500 surges 7% after coronavirus shows signs of peaking in continental Europe




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French markets regulator backs extension of short-selling ban

AMF chairman cites uncertainty around dividends and coming downgrades to credit ratings




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Wall St urges caution as bulls rush into recovery bets

S&P up 23% from March nadir on back of state coronavirus action — but more falls possible, warn analysts




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US stocks rise on hopes outbreak could be nearing peak

Asia-Pacific indices broadly higher after S&P 500 closes up 3.4%




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A chasm between Wall Street and economic winter

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




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On front-loading economic Covid-19 underperformance

Why, from an investment perspective, Covid-19 suppression is the equivalent of kicking the can down the road.




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Euroclear holds on to its cash ahead of virus downturn

Settlement house delays payout and project to let small shareholders cash out




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Slowing coronavirus spread calms US and European markets

Volatility gauges for both regions show sharp falls from historic highs in March




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UK construction sector hit by further fall in new orders

Brexit and election weigh on sentiment as builders suffer eighth month of contraction




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Cement price rise points to surge in China construction

Experts fear country is embarking on more white elephant projects




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Boom in global sand trade fuels conservation fears

Countries ban exports in attempt to protect environment as consumption is set to soar




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Bill for pair of Carillion hospital projects doubles

Failed outsourcer’s work on Liverpool and Birmingham hospitals running years behind schedule




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Hochtief/Dubai hotels: deconstructed

Middle East building downturn that began in 2015 shows little sign of abating




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Crest Nicholson profits tumble after sales hit by Brexit paralysis

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy




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Decline in UK construction activity slows in January

PMI rises to 8-month high on reduced uncertainty but downturn continues




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3D-printed houses could become concrete reality

The technology has significant potential to shake up the construction sector




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Surge in housebuilding boosts UK construction

Activity grew at its fastest pace in more than a year in February




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Women in construction need on-site experience to build their careers

Targets to include more women mean little without cultural change in the industry




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Balfour Beatty: a constructive attitude

Should the UK deliver its promises, infrastructure contractors will be in for a bonanza




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UK housebuilders close sites despite lockdown exemption

Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus




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Construction confusion as UK working instructions published then withdrawn

Mixed messages follow industry protests over 2-metre distance ruling




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UK construction: financial muscle required

Companies with strong balance sheets are best placed for post-crisis rebuild




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Coronavirus pandemic deals heavy blow to UK construction activity

Work in the sector slows at fastest rate since financial crisis




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Europe’s construction activity collapses as lockdown hits builders

Coronavirus damage to economy drives eurozone investor sentiment to a record low




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UK construction stalls as coronavirus takes toll

Housebuilder Barratt furloughs all but 15% of workforce and slashes executive pay




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The global elite is finally getting used to Donald Trump

Differences remain but Europe leaders are growing accustomed to US president’s style




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Von der Leyen tells China to price carbon

Commission president sets out Brussels’ plan for CO2 border adjustment mechanism