e

Centrica suspends dividend as Ovo furloughs 3,400 workers

First signs of severity of coronavirus pandemic on UK energy sector 




e

Energy: how Texas learned to love solar power

A boom in projects across the Permian Basin comes amid coronavirus fears and a global oil price war 




e

ScottishPower breaks ranks on energy bailout calls

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




e

Electricity prices slump as businesses close across the US

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




e

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




e

EDF poised to lodge Sizewell C nuclear plant application   

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




e

Intel: Moovit or lose it

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




e

Telefónica/Liberty: rainy day dealmaking

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




e

Economic recovery: no favours from savers

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




e

Failed M&A: band of hope

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




e

Lex Midweek Letter: Amazon’s May Day mayday

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




e

National Express/placings: fortune favours the financed

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




e

Shopify: customer service

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




e

New York Times: eclectic current

The website this week notched up 240m unique visitors




e

Match: relationship goals

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




e

Brookfield launches $5bn rescue fund for retailers

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




e

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




e

A ray of light in global property

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




e

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




e

Zillow: not safe as houses

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




e

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

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




e

United Airlines abandons $2.25bn bond offering

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




e

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




e

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

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




e

Turkey slashes rates in bid to shore up economy against coronavirus

Eighth consecutive cut could heap fresh pressure on already struggling lira




e

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




e

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

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




e

Credit risk inside the hall of mirrors

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




e

Investors turn bearish on the pound

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




e

Policy response determines plenty

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




e

Turkey digs in for currency battle

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




e

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

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




e

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




e

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




e

Stumbling into May after running too fast

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




e

Will the Bank of England announce more QE?

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




e

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




e

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

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




e

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

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




e

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

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




e

Stablecoins as a collateral sinkhole

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




e

Turkish lira nears record low after efforts to curb selling

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




e

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




e

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




e

Global economy is at risk from monetary policy black hole

Governments should borrow more to stave off secular stagnation




e

Why universities deserve special financial support

Higher education should not be treated as just another business




e

The thorny dilemma of when to reopen schools

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




e

Biden is struggling to win voters’ attention

Candour about the fiscal deficit might return the Democrat to prominence




e

Russia’s economic woes will clip Putin’s wings

Pandemic combined with collapsing oil prices spells real hardship




e

Deflation is a bigger fear than hyperinflation

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