i

FDA gives emergency authorisation to remdesivir

US-led trial shows positive results in hastening recovery time for coronavirus patients




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Cost of vaccinating billions against Covid-19 put at more than $20bn

Sum far exceeds $8bn fundraising target at upcoming EU-led donors’ conference




i

Can China win big in vaccine race with biotech bet

Nation’s pharma industry has matured but is still a lot better at incremental innovation than major breakthroughs




i

Coronavirus: US death toll approaches 62,000 — as it happened




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Call to overhaul plasma rules to speed up potential virus therapy

Industry highlights bottlenecks in access to materials that are a possible Covid-19 treatment




i

FT Health: Combating Coronavirus

As researchers race to develop a coronavirus vaccine, we look at efforts to ensure that the world’s poor are not left behind — and ask whether the pandemic will jolt policymakers into confronting the looming threat from antimicrobial resistance




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Coronavirus lessons for the fight against ‘superbugs’

The world needs to act now to avert the threat from antimicrobial resistance




i

Will poor countries get the treatments they need?

Pharma and its critics agree government has a big role to play in ensuring fair access to Covid-19 remedies




i

US regulator clears AbbVie’s $63bn deal for Allergan

Federal Trade Commission votes 3-2 to approve tie-up between makers of Botox and Humira




i

From blood clots to ‘Covid toe’: the medical mysteries of coronavirus

The wide variety of Covid-19 symptoms seen by doctors is confounding the scientific community




i

US solar industry powers ahead as investors back batteries

Fund managers and energy-hungry tech companies bankroll ‘solar-plus-storage’ projects




i

Hydrogen energy projects win £30m UK funding

Schemes to look at cutting emissions in sectors such as transport in push to meet 2050 ‘net zero’ target




i

PG&E posts $3.6bn quarterly loss after wildfire settlement

California utility discloses $5bn pre-tax charge tied to claims




i

Philippines: Duterte takes aim at the oligarchs

The president has turned his populist fire on big business, but is he attacking corporate greed or political opponents?




i

Global investors warn S Korea’s Kepco over carbon emissions

State-backed utility under pressure as it plans to invest in new coal mines




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Trump appointees vote to block US coal joint venture

Shares in Peabody Energy and Arch Coal fall sharply after regulatory action




i

Drax to end use of coal at UK’s biggest power plant 3 years early

Group says 230 jobs will be lost at Selby site at it looks to beat 2025 fossil fuel deadline




i

The political debate on US energy is not connected to reality

American producers are coming under pressure on several fronts




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Johnson revives onshore wind farms after 4-year ban

Policy reversal follows Cameron vow to rid UK of ‘unsightly’ structures




i

Coronavirus fears leave investors huddling in utilities

Demand for classically defensive stocks rises as viral outbreak worsens




i

China’s Belt and Road power grids keep security critics awake

As Beijing connects the region, the Philippines weighs ‘shutdown’ risk




i

KKR to buy recycling group Viridor in £4.2bn deal

One of the first large acquisitions to be agreed since coronavirus pandemic rocked global markets




i

How emergency planning has kept lights on and taps running

Energy, water and other utility groups keep services going despite lockdowns and cuts




i

Britain’s electricity demand falls by a tenth in lockdown

Decline leads to a drop in wholesale prices as businesses close




i

Energy groups seek help on payment holidays

Loan scheme worth up to £100m a month would allow suppliers to assist struggling customers




i

Centrica suspends dividend as Ovo furloughs 3,400 workers

First signs of severity of coronavirus pandemic on UK energy sector 




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ScottishPower breaks ranks on energy bailout calls

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




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Electricity prices slump as businesses close across the US

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




i

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




i

EDF poised to lodge Sizewell C nuclear plant application   

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




i

Intel: Moovit or lose it

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




i

Telefónica/Liberty: rainy day dealmaking

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




i

Economic recovery: no favours from savers

British and American consumers are unlikely to ‘spend, spend, spend’ after the lockdowns




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Failed M&A: band of hope

Buyers who get cold feet tend to have the advantage but jilted targets can still extract value




i

Lex Midweek Letter: Amazon’s May Day mayday

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




i

National Express/placings: fortune favours the financed

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




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Ocado: carrying it off

Retail sales rise by 40 per cent in second quarter




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Shopify: customer service

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




i

New York Times: eclectic current

The website this week notched up 240m unique visitors




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Match: relationship goals

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




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Brookfield launches $5bn rescue fund for retailers

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




i

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




i

A ray of light in global property

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




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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




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Zillow: not safe as houses

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




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

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




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United Airlines abandons $2.25bn bond offering

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




i

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




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Turkey slashes rates in bid to shore up economy against coronavirus

Eighth consecutive cut could heap fresh pressure on already struggling lira




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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