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US state pension system hit hard by coronavirus pandemic

Sharp falls across financial markets in March have caused large drop in aggregate funded ratio




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BNP warns coronavirus could dent 2020 profits by a fifth

‘Drastic revisit’ of outlook at French bank as dividend cuts and cancellations hit equities trading




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I am struggling to secure a job in the UK — should I return home?

Your question for our expert — and readers’ advice




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Virgin Money profits halve as it prepares for surge in bad loans

UK lender is latest to warn coronavirus-induced economic disruption will hit its clients




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More than £2bn lent under ‘bounce back’ scheme on first day

Light touch checks on UK borrowers raise fears of defaults on loans and fraud




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Force banks to take on more capital, says Sajid Javid

Former chancellor urges lenders to keep credit flowing and not just weather the storm




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Black is white for Anglo Irish Bank’s long-suffering shareholders

PwC’s finest scientific minds attempt to prove banks can exist in two states at once




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UK/dividends: Shell-shocked

Companies have option to unshackle themselves from expensive payouts




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Zbigniew Brzezinski, US policy adviser, 1928-2017

Right-hand man to President Carter from Iran hostage crisis to Salt Two arms treaty 




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How to view a solar eclipse in style

Down in Tennessee, parrots panic as the sun disappears




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Jake LaMotta, US boxer, 1922-2017

World champion whose life and career inspired the Oscar-winning ‘Raging Bull’




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Virginia candidates in a race to the bottom

The campaign has shone an unflattering light on the state of politics in America




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Last Hope Island by Lynne Olson — the other Allies

The men and women from occupied Europe who helped defeat Hitler




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Fernando Pacheco, doctor and cornerman, 1927-2017

He tried to persuade Muhammad Ali to retire from the ring before it was too late




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US evangelist Billy Graham dies aged 99

‘Pastor to presidents’ said he received his calling on 18th green of local golf club




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Former First Lady Barbara Bush dies aged 92




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Barbara Bush, former US First Lady, 1925-2018

Matriarch of formidable political clan was known for her sharp tongue and strong character




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Tom Wolfe, writer, 1930-2018

American literary and journalistic iconoclast who Norman Mailer said was the hardest working writer of his time




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Charles Smith, FT journalist, 1935-2018

Editor who raised the profile of the Financial Times’ coverage in Japan




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John McCain, Republican senator, 1936-2018

Vietnam vet and old-school conservative whose friendships crossed the political aisle




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George HW Bush, 41st US president, dies aged 94

Deft foreign policy and Gulf war victory defined his one term in office




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Tony Mendez, CIA agent, 1940-2019

Master of disguise who plotted the ‘Argo’ escape from Iran




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Imperial foxtrot: my brush with Japanese royalty

Jurek Martin recalls unlikely encounters with an ancient dynasty, from dance floor to tennis court




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Herman Wouk, author, 1915-2019

A prolific American talent who defied the snobbery of literary critics




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Gloria Vanderbilt, artist and designer, 1924-2019

Heiress who made her own success as the ‘Queen of Jeans’




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Ross Perot, businessman and politician, 1930-2019

His 19% in 1992 was best result for independent presidential candidate in 80 years




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A sports addict’s diary: my ‘Morning in America’

From Wimbledon to Lord’s, this summer has been a gift that — technology permitting — keeps on giving




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Robert Morgenthau, Manhattan district attorney, 1919-2019

He became the scourge of the Mob and white-collar crime in New York




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Cokie Roberts, political journalist, 1943-2019

A trailblazer who broke the glass ceiling in Washington




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Washington diary: falling under the Nationals’ spell

The baseball team’s victory in the World Series reflects the city’s wider resurgence




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Sadako Ogata, UN High Commissioner for Refugees, 1927-2019

She turned the agency into a diplomatic and moral force




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Yasuhiro Nakasone, Japan prime minister, 1918-2019

A nationalist who could temper his dogma and made his presence felt across the globe




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Christopher Parkes, journalist, 1944-2019

A sharp-eyed editor and foreign correspondent who turned a killing phrase




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Mulberry creative chief Johnny Coca to depart

British handbag maker’s value has plummeted 85% in past two years as turnround plan stalls




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Retailers under pressure to close online operations

Yoox-Net-a-Porter and Paul Smith join list of brands that have suspended ecommerce sales




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Recession pushes Hong Kong shoppers to sell their luxury goods

Consumers seeking quick cash unload designer bags, jewellery and luxury watches




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How coronavirus will change fashion’s supply chains

Disruptions set to revive local manufacturing as designers look to avoid reliance on distant hubs




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Adidas backtracks on rent freeze after public outcry

Sportswear maker apologises but warns it cannot bear virus lockdown for long   




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Pets at Home sales benefit from surge in demand

Essential retailer says coronavirus uncertainty means it will not give guidance for year ahead




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Smokers stock up on tobacco and nicotine products

Legal marijuana producers also report spike in demand during lockdown 




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LVMH and L’Oréal upbeat on recovery

Luxury and beauty bellwethers predict gradual rebound once coronavirus shutdowns end




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P&G sales boom as stay-at-homers do more laundry

Cleaning products up, shaving items and make-up down in household goods group’s best quarter in years




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Philips: ventilator pitch

Strategic decisions by chief executive make the Dutch company a safe bet




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Royal Philips predicts intensive care beds must double globally 

Healthcare tech group chief calls estimate to deal with coronavirus ‘conservative’ as it boosts medical equipment production




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Toilet roll mania boosts sales of Andrex maker Kimberly-Clark   

Retailers are still replenishing stocks after panic buying ahead of coronavirus lockdowns




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Kimberly-Clark: wiping the floor

Personal care group boosted by stockpiling frenzy ahead of lockdown




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Lockdowns lower personal grooming standards, says Unilever

Homeworking prompts decline in demand for consumer group’s skin and haircare products




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Unilever: no clean sweep

Consumer goods group missed its moment but there is much to keep investors onside




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Trump claims disinfectant ‘injection’ idea was sarcasm

Medical community warns of dangers from use of cleaning agent as internal treatment




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Retail: fast fashion, interrupted

Coronavirus is highlighting more than the industry’s wasteful ways; its iniquitous supply chain is also in the spotlight