Germany backs EU recovery fund, Gilead drug flops, Rana Foroohar on US austerity
Germany is prepared to make a substantial financial contribution to help relaunch eurozone economies after the coronavirus pandemic, and the World Health Organization accidentally published documents ...
24 Huhti 20209min
ECB to accept ‘fallen angel’ bonds as collateral, Covid-19 legal protections
The European Central Bank has changed its rules to accept bonds that lose their investment grade credit rating during the coronavirus crisis as collateral, oil prices rebounded on Wednesday after Dona...
23 Huhti 202010min
Oil market turmoil, Netflix adds 16m subscribers, future of aerospace
Global oil markets remained under intense pressure on Tuesday with the price of US crude oil for June delivery nearly halving and Brent dropping below $20 per barrel for the first time in 18 years. Me...
22 Huhti 202010min
US oil prices plummet, Singapore oil trader scandal
Yesterday, US oil prices crashed into negative territory for the first time in history. The FT’s US energy editor, Derek Brower, explains why and what is next for producers. Then, the FT’s natural res...
21 Huhti 202010min
Small business aid deal, ECB bad bank idea, emerging market debt
The Trump administration is closing in on a deal with Congress to provide another $300bn to coronavirus-hit small businesses. Then, the FT’s US economics editor, Brendan Greeley, explains how state bu...
20 Huhti 20208min
Trump’s reopening plan, coronavirus drug report, Macron on EU solidarity
President Donald Trump backed away from threats to force a quick reopening of the US economy by unveiling guidelines for states, and US stock market futures rose 3 per cent late on Thursday after a re...
17 Huhti 202011min
Eurozone debt, US economic data, China cuts key lending rate
The coronavirus crisis is propelling Eurozone government debt towards 100 per cent of gross domestic product, three major US banks reported a total $12.8bn of charges in the first quarter for loan los...
16 Huhti 202010min
Airline aid, banks braced for credit loss, grim IMF outlook
The US Treasury Department has reached an agreement with US airlines that paves the way for a $25bn bailout for the industry. Plus, JPMorgan Chase and Wells Fargo increased loan-loss provisions by $10...
15 Huhti 202010min
