t

ScottishPower breaks ranks on energy bailout calls

Supplier says sector should be ‘back of the queue’ for additional government support




t

Electricity prices slump as businesses close across the US

Shutdowns likely to shift energy use from fossil fuels towards wind and solar




t

Things are not as dire as they might seem for Centrica

If lenders maintain support, the company’s balance sheet may not need an urgent fix




t

EDF poised to lodge Sizewell C nuclear plant application   

Suffolk residents cry foul as French group seeks to continue process despite lockdown  




t

Intel: Moovit or lose it

Chipmaker likely to be interested in app’s traffic data rather than its customers




t

Telefónica/Liberty: rainy day dealmaking

Potential cost cuts should not be used as justification for a UK telecoms tie-up




t

Lex Midweek Letter: Amazon’s May Day mayday

Customers and investors may appear immune to staff complaints but regulators have not lost interest




t

National Express/placings: fortune favours the financed

Well-capitalised businesses will have an increased advantage for the next few years




t

Ocado: carrying it off

Retail sales rise by 40 per cent in second quarter




t

Shopify: customer service

Retail services group’s new Shop app needs a price gimmick to lure buyers in




t

New York Times: eclectic current

The website this week notched up 240m unique visitors




t

Match: relationship goals

Finding love in a time of corona is tricky, converting activity into paid accounts is harder yet




t

Brookfield launches $5bn rescue fund for retailers

Investment group that owns US malls pledges to help groups weather coronavirus crisis




t

What will the UK property market look like after lockdown?

Join our live discussion with buying agent Henry Pryor on Friday May 8 at 12 and 5pm UK time




t

A ray of light in global property

How markets are beginning to stir from their coronavirus-induced slumber




t

Colony Capital reveals $3.2bn default on portfolio company loans

Trump ally Tom Barrack’s investment group in talks with lenders over hotel and nursing home debt




t

Zillow: not safe as houses

Virtual home viewings are a world away from actual buying, especially with unemployment rising




t

Architect of Sweden’s no-lockdown strategy insists it will pay off

Epidemiologist Anders Tegnell says other countries could face big ‘second wave’




t

United Airlines abandons $2.25bn bond offering

Investors demanded too high a price to lend to US carrier reeling from coronavirus shutdown




t

Coronavirus tracked: the latest figures as countries fight to contain the pandemic

The FT analyses the scale of outbreaks and the number of deaths around the world




t

Dollar’s long-term prospects turn gloomy, say analysts

Interest rate cuts and massive fiscal stimulus are expected to weigh on the greenback




t

Turkey slashes rates in bid to shore up economy against coronavirus

Eighth consecutive cut could heap fresh pressure on already struggling lira




t

Swiss central bank suffers record loss in market rout

First-quarter volatility deals $39bn blow to SNB as it steps up fight for Swiss franc




t

Ain’t no virus gonna stop the crypto graph-ters

When a chart can speak 1000 words. Not all of them entirely sincere.




t

Credit risk inside the hall of mirrors

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




t

Investors turn bearish on the pound

Short bets rise to highest level of 2020 over Brexit and Covid-19 concerns




t

Policy response determines plenty

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




t

Turkey digs in for currency battle

‘Cat-and-mouse game’ pitches central bank against market forces




t

Top US official plays down Turkey’s prospects of securing dollar finance

Large foreign financing requirement and small reserves leave Erdogan facing cash crunch




t

Turkish lira succumbs to pressure and weakens past 7 to dollar

Currency softens beyond key level as investors brace themselves for more interest rate cuts




t

US stock sell-off wipes out gains for the week

S&P 500 falls after Big Tech raises red flags over virus impact and US-China tensions ratchet higher




t

Stumbling into May after running too fast

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




t

Will the Bank of England announce more QE?

Market Questions is the FT’s guide to the week ahead




t

Can governments afford the debts piling up to stabilise economies?

Two experts debate the long-term impact on inflation of the Covid-19 rescue packages




t

Iran’s parliament backs move to cut 4 zeros from its currency

Rial to be changed to the toman after five decades of inflation




t

UK pound slips more than 1% in first two trading days of May

Sterling under pressure from US-China angst and renewed Brexit concerns




t

Swiss National Bank’s swollen balance-sheet poses risk to ‘credibility’

Analysts fear unintended consequences of central bank’s vast foreign-currency holdings




t

Stablecoins as a collateral sinkhole

There’s a chronic paradox at the heart of stablecoin-based payment systems that will render them cost-prohibitive.




t

Turkish lira nears record low after efforts to curb selling

Country’s finance minister seeks to reassure investors on impact of Covid-19




t

Facebook’s Libra appoints Bush-era terrorism finance tsar as first chief

Stuart Levey, known for tough enforcement of sanctions on Iran, will head digital currency project




t

Turkey bans FX trades with UBS, Citi and BNP as lira hits record low

Ankara’s banking regulator acts after currency slides below level reached in 2018 crisis




t

Global economy is at risk from monetary policy black hole

Governments should borrow more to stave off secular stagnation




t

Why universities deserve special financial support

Higher education should not be treated as just another business




t

The thorny dilemma of when to reopen schools

Schools can spread infection, but long absences mean gaps in learning




t

Biden is struggling to win voters’ attention

Candour about the fiscal deficit might return the Democrat to prominence




t

Russia’s economic woes will clip Putin’s wings

Pandemic combined with collapsing oil prices spells real hardship




t

Deflation is a bigger fear than hyperinflation

A collapse in demand is reducing prices even as central banks print money




t

The self-destruction of the ‘Tropical Trump’

Brazil’s Jair Bolsonaro is building the case for his own impeachment




t

Corporate bailouts should come with strings

Business cannot expect emergency cash without sensible conditions




t

How to preserve jobs as retention schemes wind down

Programmes should be flexible and help workers move to in-demand sectors