b

Coronavirus: how the outbreak is changing global politics

The epidemic could weaken Donald Trump and Xi Jinping, feed conspiracy theories and lead to closed borders




b

Brexit solved with the sword of Damocles

The UK is being belligerent, the EU inflexible. But a deal can be done this year




b

A Biden presidency could not turn back the clock on Trump

It is an illusion to see victory for the former US vice-president as a geopolitical calendar reset




b

How Beijing reframed the virus response narrative

Arguments for authoritarianism and against democracy will be made with increased boldness




b

New York suffers double shock

Gillian Tett on the city's struggle to contain the virus and the financial fallout




b

Eurobonds are not the answer

Why the Germans and Dutch are right to resist this way of sharing coronavirus costs




b

The pandemic could bring a global ceasefire

Several long-running conflicts are edging towards a temporary halt to hostilities




b

A dangerous US-China blame game will do no good

An inquiry into the origins of Covid-19 is needed if important lessons are to be learnt




b

Lagardère fends off Amber Capital’s bid to replace board

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




b

BNP/SocGen: tankless task

Stay neutral in the battle between French banks and economic adversity




b

Non-bank lenders raise concerns over access to ‘bounce back’ loans

Alternative providers fear it will harm competition in market for loans to small business




b

CVC and Blackstone in talks to invest in Italian football league

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




b

Coronavirus threatens €10bn hit to football transfer market

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




b

Top Wirecard shareholder calls on board to end ‘whitewash’

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




b

Euro weakens after German court ruling on ECB’s bond-buying

Strategists expect concerns about eurozone stability to dent the currency




b

Top investor calls for dismissal of Wirecard chief Markus Braun

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




b

Brussels plans new anti-money laundering authority

European Commission seeks to strengthen enforcement powers after banking scandals




b

Breaking down the eurozone’s worst recession in history

Commission warns pandemic will wipe out growth in all member states and result in an uneven recovery




b

Videoconferencing hit delivers biggest ever Nordic software IPO

Pexip deal marks bright spot in otherwise bleak European IPO market




b

Liberty Global and Telefónica agree £31bn deal to merge UK groups

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




b

Lagarde says ECB ‘undeterred’ by German court challenge

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




b

Liberty Global and Telefónica dial up changes in ‘deal of decade’

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




b

Interview: Frédéric Arnault takes a bite out of Apple’s smartwatch market

Tag Heuer’s digital chief sees connected watches as a point of entry to the mechanical models




b

German court calls on ECB to justify bond-buying programme

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




b

Norwegian Cruise Line raises $2.2bn in fight to stay afloat

Company pledges two ships and two islands as collateral in upsized refinancing plan




b

Hedge fund bear takes aim at central banker ‘fruit loops’

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




b

Empty US hotels increase pressure on debt investors

JPMorgan data show about one in four loans was behind on payments last month




b

Companies are dangerously drunk on debt

Sobering up after the crisis will require changes to tax laws, bonuses and pensions




b

US Treasury plumps for longer-term debt to fund $3tn stimulus

Details of historic borrowing plans send government bond yields higher




b

Investors fear Italy is heading for ‘junk’ borrower status

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




b

Treasury market sends bearish signals as stocks rise

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




b

Too much cash is chasing too few desirable assets

With no productive use of liquidity, money is going into market speculation driving recovery in asset prices




b

Carnival and Southwest lead surge in US convertible bond issuance

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




b

Wall Street banks face $100m of losses on Las Vegas deal

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




b

Biggest US energy groups lay out oil crash strategy

ExxonMobil and Chevron deploy plans for cutbacks but preserve dividends




b

Investors blast EU’s omission of oil from ESG disclosures

Latest proposal accused of being misleading over environmental risk




b

North America set for first plant supplying cobalt for electric cars

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




b

Biggest US oil refiner posts $9.2bn loss as fuel demand dives

Marathon cuts capital spending by $1.4bn in anticipation of 30% drop in output




b

Renewables sector shrugs off devastating effects of coronavirus

Developers of clean energy projects defy wider turmoil in the global energy markets




b

Investors make big bets on silver closing giant gap with gold

For some analysts the industrial metal looks cheap, even given the Covid-19 slowdown




b

Can we tackle both climate change and Covid-19 recovery?

Two experts debate whether shift to low carbon can push forward amid economic stress




b

StanChart and HSBC face losses on loans to rice trader

Phoenix Commodities seeks debt restructuring after racking up $450m of currency hedge losses




b

Bakken pain reflects long road back for US shale

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




b

Cannabis remains an investment market worth watching

Promises of huge growth are yet to materialise — but there’s huge potential




b

Where to look for the market rebound

I’ve drawn up a list of badly beaten-up stocks worthy of a punt




b

National Grid RPI-linked 10-year sterling retail bond

Corporate bond links income and capital to inflation




b

Yorkshire Building Society’s tracker-to-fixed mortgages

Fixed rate that applies in years three to five has been cut




b

Small caps: Group NBT surges on Hg offer




b

Santander 123 cashback credit card

Cardholders will receive 3 per cent cashback on fuel




b

Deal of the week: Post Office Inflation Linked Bond

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