Fashion industry reels as coronavirus shuts shops and cancels orders Report warns 80% of firms face a highly uncertain future if stores close for two months
Global investors clamour for safe haven in UK government bonds Flight from stock markets helps Treasury complete first part of scheme to bolster spending with at least £45bn extra this month
Donald Trump ‘lost $1bn in a month’ from coronavirus lockdown Stock market crash strips billionaire status from 267 of world’s richest people in the annual list
The global stock market rally feels fragile Shares have bounced back but it’s too soon to call the bottom for prices in the Covid-19 pandemic
Global leaders urge G20 to tackle twin health and economic crises Letter calls for $8bn emergency health fund to help prevent second wave of coronavirus
Sanctions are crippling Iran’s fight against coronavirus As mayor of Tehran I have seen lives lost as a result of medical shortages. This is no time for vindictive politics, says Pirouz Hanachi
Unemployment in US and UK ‘may be worse than in Great Depression’ Coronavirus fuelling faster collapse in jobs and business than 1930s, says ex-Bank of England rate-setter David Blanchflower
FTSE 100 posts largest quarterly fall since Black Monday aftermath Speed of US stock market fall outstrips even 1929 Wall Street crash, reflecting global scenario
The stock markets have rallied, so is peak panic over? In the past fortnight an optimism of sorts has returned but the rebound rests in part on some pretty heroic assumptions
Coronavirus epidemic ‘far from over’ in Asia-Pacific, WHO warns Every country needs to keep preparing for large-scale community transmission, says regional director
UN calls for $2.5tn emergency package for developing nations Rich countries urged to help emerging economies cope with coronavirus ‘financial tsunami’
Coronavirus forecast to cut UK economic output by 15% Analysts say unemployment could also double in deepest recession since financial crisis
Think when coronavirus is over Australia’s economy will snap back into place? Good luck with that When comparisons to the Great Depression start, you know you’re in trouble
Complacency to chaos: how Covid-19 sent the world’s markets into freefall Governments and investors woke up too late to the crisis. Now they are facing the deepest global recession in history
Dozens of poorer nations seek IMF help amid coronavirus crisis IMF’s Kristalina Georgieva says world has entered recession ‘as bad or worse’ than 2008-09