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Sterling under pressure from US-China angst and renewed Brexit concerns
UK airport reports slump in passenger demand as calls resurface for expansion to be axed
Decision comes amid row between companies and insurers on what is covered under policies
UK lender also says it will wind down its attempt to build a consumer-facing digital bank
Central bank holds interest rates and says eurozone economy could shrink by up to 12%
Less than three-quarters of the Wall Street bank’s shareholders back proposals
Bank books £1.4bn in charges to cover expected credit losses as coronavirus takes toll
Danish lender swings to first-quarter loss amid hit from pandemic
Contraction exceeds economists’ forecasts for a 4% decline in output
Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse
James Bailey will take the helm as part of a broader reorganisation of management roles
Result of 4 years of negotiations makes virtually all trade in goods duty-free
Lender warns coronavirus will hit its business as loan losses increase more than 13-fold
Short bets rise to highest level of 2020 over Brexit and Covid-19 concerns
UK regulator says it has seen ‘credible reports’ some lenders have pressured clients
Brazilian jet maker to seek damages from US group, which counters it is within its rights to terminate deal
Outgoing CEO sends apology to staff for taking paid trip from hedge fund boss set to replace him
Swiss bank benefits from rules to ease coronavirus impact on lenders but sees assets under management fall
£6bn deal cleared days after Amazon’s investment in rival Deliveroo was also approved
Oil producer agrees deal with France’s Total at heavy discount but warns material uncertainty over future ‘remains in place’
Drinks maker has been hit hard by coronavirus lockdown despite initial stockpiling
Customers cut back spending to deal with coronavirus crisis
Net income down 46 % to $2.5bn as almost $5bn set aside for potential loan losses
Epidemic drives increase in loan loss reserves and securities writedowns even with strong commercial activity
‘Peak pessimism’ expected this month, says BofA Global Research
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