t

Louis Bacon’s Moore Capital gains after going it alone

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




t

Michael Hintze’s hedge fund hit hard by credit bets

Billionaire CQS trader hurt by exposure to default-ridden energy sector




t

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




t

Europe’s banks face a test of resilience

Since their peak almost a month ago, European banks indices have plunged 40 per cent




t

Euro 2020 football tournament set to be postponed

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




t

European countries ban short selling after markets plunge

‘We are ready to go further,’ says French minister after issuing temporary prohibitions




t

Global stocks, oil and government bonds tumble 

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




t

How Covid-19 tore through global markets in first quarter

Every major asset class has been disrupted




t

Trade volumes spike at exchanges across Europe

Coronavirus-linked turmoil draws many investors out into the open




t

Global stocks end higher on hopes of oil price war truce

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




t

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




t

Equity market rally runs out of steam

S&P 500 closes lower as investors await more evidence of progress against virus and extra stimulus




t

French markets regulator backs extension of short-selling ban

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




t

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




t

US stocks rise on hopes outbreak could be nearing peak

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




t

A chasm between Wall Street and economic winter

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




t

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.




t

Wall Street ends higher as investors look past immediate downturn

US stocks shake off loan loss warnings from country’s largest banks




t

Wall Street inches higher despite spike in jobless claims 

Investors say ‘astounding’ number of unemployment claims in US had been priced into markets




t

Euroclear holds on to its cash ahead of virus downturn

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




t

Wall Street stages late rally to shave week’s losses

Key measure of American business investment fell only marginally last month




t

Global stocks rise as Japan launches new stimulus round

Stocks rise but crude tumbles as world’s largest oil ETF cuts stake




t

Slowing coronavirus spread calms US and European markets

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




t

UK construction sector hit by further fall in new orders

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




t

Cement price rise points to surge in China construction

Experts fear country is embarking on more white elephant projects




t

Bloomberg fined €5m over report of fake news release

French regulator says agency failed to verify false story that sent Vinci shares down 18%




t

Boom in global sand trade fuels conservation fears

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




t

Bill for pair of Carillion hospital projects doubles

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




t

Hochtief/Dubai hotels: deconstructed

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




t

Crest Nicholson profits tumble after sales hit by Brexit paralysis

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




t

Decline in UK construction activity slows in January

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




t

3D-printed houses could become concrete reality

The technology has significant potential to shake up the construction sector




t

Predatory investors exploit leaseholders’ cladding dilemma

Properties changing hands for tens of thousands less than market value




t

Surge in housebuilding boosts UK construction

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




t

Capita’s shares hit as investors worry over restructuring

Chief Jon Lewis admits outsourcer has ‘more to do and requires more investment’ than expected




t

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

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




t

Balfour Beatty: a constructive attitude

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




t

UK housebuilders close sites despite lockdown exemption

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




t

Building sites start to close despite government advice

Move comes amid escalating political row with London’s mayor over coronavirus risks




t

Construction confusion as UK working instructions published then withdrawn

Mixed messages follow industry protests over 2-metre distance ruling




t

UK construction: financial muscle required

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




t

Coronavirus pandemic deals heavy blow to UK construction activity

Work in the sector slows at fastest rate since financial crisis




t

Europe’s construction activity collapses as lockdown hits builders

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




t

Building site closures undermine key housing targets

Lockdown threatens UK’s push to tackle national housing shortage




t

UK construction stalls as coronavirus takes toll

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




t

UK carmakers and housebuilders plan return to work

Jaguar Land Rover, Aston Martin, Taylor Wimpey and Vistry set to reopen some operations




t

The global elite is finally getting used to Donald Trump

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




t

Von der Leyen tells China to price carbon

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




t

Carrie Lam mounts Hong Kong charm offensive in Davos

Chief executive defends government’s handing of protesters and police conduct




t

China, not America, will decide fate of the planet

But its coal addiction and authoritarian system mean it will struggle to take a global lead