UK airlines seek government aid, WeWork rent,...

Scott Bessent said the US would expand the scope of secondary sanctions on Iran, and JPMorgan Chase is relaxing its approach to lending money against shares in companies that have recently gone public. Plus, US private equity growth funds raised a record amount of capital in the ...  Show more

US Federal Reserve chair Kevin Warsh will seek to soothe investors’ nerves at this week’s Jackson Hole symposium, Andy Burnham is headed to Ukraine for his first overseas trip as Britain’s prime minister, and Saudi Arabia held talks with London brokers for a state-backed war insu ...  Show more

Boris Johnson’s government found itself confused this week about why it was introducing a 14-day quarantine for all arrivals in the UK. Ministers and MPs warned it would undermine the economy, while scientists said it was not required. So why is the prime minister pushing ahead w ...  Show more

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK Chancellor Rachel Reeves is struggling to maintain financial market confidence, with the 10-year gilt yield rising to its highest since 2008 and the pound falling to its weakest in ov ...  Show more

Which firms will fly above the covid-19 clouds? Big, low-cost carriers with strong finances seem likeliest, but either way consolidation is inevitable. The Indian state of Kerala seems to be handling its outbreak far better than others; blame an unassuming but wildly popular h ...

A fossil-fuel scramble reveals energy markets in