Miles Johnson and Daniel Dombey discuss the lockdowns in Italy and Spain

As the human and economic damage mounts, old political divides are likely to re-emerge

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

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

Two questions serve as a reality check on excessive American declinism

How do democracies measure up against autocratic regimes in handling the pandemic?

It is easy to take advantage of frightened people who have accepted infringements on freedom

Gro Harlem Brundtland on lessons of SARS and how to handle a pandemic

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

Andrew Edgecliffe-Johnson, Hannah Kuchler and Gideon Rachman assess the next stage of the coronavirus crisis

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

Gideon Rachman talks to Joseph Nye about the role of morality in shaping foreign policy

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

The ECB’s asset purchases are vital to the stability of the eurozone

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

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

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

Jean Pierre Mustier’s nascent turnround derailed as bank slips to first-quarter loss

Strategists expect concerns about eurozone stability to dent the currency

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

European Commission seeks to strengthen enforcement powers after banking scandals

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

Pexip deal marks bright spot in otherwise bleak European IPO market

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

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

Online retailer’s partnerships with fashion brands should support growth and lift margins

Airline forecasts capacity will be almost wiped out in the second quarter

Insurer is well placed to manage pandemic-related losses

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

If Berlin agrees a €9bn bailout for the airline, it is likely to want a 25 per cent stake and board seats

German regulator looks at group’s statements ahead of KPMG special audit report

Discovery in Zenith factory attic helps watchmaker claim the first all-black wristwatch title

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

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

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

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

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

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

Details of historic borrowing plans send government bond yields higher

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

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

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

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

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

ExxonMobil and Chevron deploy plans for cutbacks but preserve dividends

Price wars and coronavirus have disrupted the sector, possibly moving peak demand even closer 

Latest proposal accused of being misleading over environmental risk

Regional trading blocs would better align mutual interests and provide stability

Turmoil in commodity market slashes state colleges’ revenues

Price crash provokes supply cuts but ‘all bets are off’ if second wave of pandemic hits