d

The death of Chile’s pension promise

Protesters urge overhaul of system once lauded as the ‘Mercedes-Benz’ of retirement provision




d

Bolsonaro defies coronavirus to rally against Congress

Brazilian president criticised for rubbing elbows with crowds while awaiting second virus test results




d

Bolsonaro and López Obrador draw fire for coronavirus response

Brazil and Mexico leaders ignore medical advice while Latin America begins crackdown




d

Drug gangs in Brazil’s favelas enforce coronavirus lockdown

Organised crime steps in as President Bolsonaro dismisses pandemic as ‘sniffles’




d

Ride-sharing jolt prompts Uber to follow Lyft on job cuts

Lay-offs of 3,700 in latest round as lossmaking operators face ‘formidable’ challenges




d

The decline of an American institution

How the coronavirus outbreak has accelerated the demise of US department stores




d

‘Covid-proof’ Peloton enjoys stay-at-home fitness boom

Company says 1.1m people downloaded its app in six weeks, sending shares to record high




d

Neiman Marcus files second big US retail bankruptcy of lockdown

Upscale US department store follows J Crew as latest debt-burdened chain felled by pandemic




d

Facebook recruits great and good for a chance at change

Appointments including former PM and Nobel laureate suggest turn toward establishment




d

Johnson looks to border checks as price for easing lockdown

UK expected to take gradual approach to lifting restrictions after Monday




d

UK universities braced for reform when crisis ends

Government warns of ‘restructuring’ in return for rescue funding




d

Starmer blames Corbyn for Labour’s election defeat

New party leader gives clear signal he will take party in a different direction




d

UK regulators delay two-thirds of new measures in response to Covid-19

Rules concerning Brexit preparations prioritised over tougher environmental standards




d

Art world proceeds with caution as galleries start to reopen

Plus: Sotheby’s lays out risks; Ropac lends space to emerging artists; Cameroon artists fare well at 1-54




d

Paint it Black: new art by Ronnie Wood

What The Rolling Stones rocker did next




d

BingeWatch: Rick and Morty is space comedy fuelled by booze and snark

With new episodes launching today, now is the perfect time to revel in the cruel humour of the hit cartoon




d

The Day the War Ended — poetry for VE Day

Randall Swingler served in the 1939-45 war and went on to publish two postwar collections




d

Painting crowds, or the lack of them, from Monet to Fordjour

Until the early 20th century, a mass of figures often dominated works but Modernism preferred emptiness




d

Art inspired by Aboriginal identity and nuclear explosions

Yhonnie Scarce and Judy Watson talk about creating work with seductive surfaces and dark themes




d

Mark Ruffalo plays diverging twins in I Know This Much Is True

Six-part series adapts Wally Lamb’s novel about family, loss and mental illness




d

Dave — US comedy about a bumbling rapper comes to BBC2

The series follows an idiotic yet charming nerd trying to make it big as Lil Dicky




d

The best of TV and streaming this week

Our pick of the latest series and documentaries — plus older favourites to binge on




d

Snapshot: ‘Lartigue — The Boy and the Belle Époque’

The book captures the carefree, haute-bourgeois lifestyle of the young photographer




d

Archaeologists compete with detectorists in finding notable jewellery

Ancient antagonists build bridges as treasure finds mount up




d

Simon Godwin: ‘Theatre has lived through plagues before’

The director talks about gender-swaps, fundraising and the future of drama after lockdown




d

Saudi Aramco flotation to rely on local money

Foreign investor subscriptions less than 11% as data confirms scaled back ambitions




d

Indonesia looks to set up sovereign wealth fund

Initiative would be modelled on Singapore’s Temasek with focus on start-ups




d

Lebanese protests have given way to a debt crisis

The country’s banking system is in hock to an insolvent state




d

Saudi Aramco raises $25.6bn in world’s biggest IPO

State-owned oil company’s $1.7tn valuation falls short of kingdom’s ambitions




d

Saudi Arabia renews push for $2tn Aramco valuation

State funds and families encouraged to buy shares in pursuit of Prince Mohammed target




d

Saudi Aramco shares jump 10% in oil group’s trading debut

Stock climbs by maximum amount after world’s biggest IPO




d

Lebanon is heading for default on its debts, warns Fitch

Beirut hit by another sovereign bond downgrade amid political crisis




d

Dubai raises public spending to ward off slowdown

Forecast of 3.2 per cent growth in 2020 would be improvement on 2.1 per cent in 2019




d

Why Lebanon’s debt crisis has left it vulnerable

Once known for its resilience, the country’s fragile financial system has triggered angry protests




d

Dubai steps up efforts to revive property market

Emirate seeks to get grip on sector after prices fall 40% from their 2014 peak




d

Lebanese banks shed bonds in ‘prisoner’s dilemma’

$1.2bn eurobond maturing in March falls sharply as local lenders cash out




d

Lebanon’s economic crisis requires an urgent decision on IMF aid

The country is trapped in a full-scale emergency that could unravel social bonds




d

Lebanon’s sovereign default leaves creditors facing big losses

London-based Ashmore bet heavily on the country’s short-term debt




d

Lebanese buy up property as government defaults

Investors seeking safe haven for cash are driving a real estate boom




d

Lebanon considers options to restructure to banks

Finance minister says bail-in may be needed amid severe economic and financial turmoil




d

Qatar lines up bond deal as virus and oil crash hit economy

Bankers and investors expect rush of debt issues from the Gulf region




d

Arab world’s middle-income nations face tough coronavirus choices

Countries from Jordan to Egypt will struggle to mitigate the pandemic’s economic impact




d

Cash-rich Gulf funds hunt for bargains as asset prices plunge

Saudi Arabia’s PIF has snapped up stakes in a cruise operator, oil groups and a football club




d

Iberdrola chief praises Bolsonaro after Neoenergia IPO

Ignacio Galán says energy distributor’s listing highlights president’s market-friendly policies




d

Pemex/Mexico: slick solution needed

Investors are right to be sceptical of government’s plans to restore oil group’s fortunes




d

Pemex bonds pique investors’ interest but doubts remain

Mexican government’s rescue plan for debt-laden state oil group underwhelms




d

Brazil’s booming credit markets fan hopes of ‘revolution’

New York listing of XP highlights transition to a new world of lower interest rates




d

Farmers’ protests pose challenge to Argentina’s new president

Alberto Fernández seeks to bolster state coffers with tax raid on country’s most powerful industry




d

Saudi Aramco stretches away as top IPO after extra sale

Goldman exercises option to sell more stock, bringing total proceeds to $29bn




d

Saudi Aramco rated ‘underweight’ by Morgan Stanley

Wall Street banks that advised on record IPO snub oil group with tepid ratings