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Euroclear holds on to its cash ahead of virus downturn

Settlement house delays payout and project to let small shareholders cash out




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Wall Street stages late rally to shave week’s losses

Key measure of American business investment fell only marginally last month




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Capita’s shares hit as investors worry over restructuring

Chief Jon Lewis admits outsourcer has ‘more to do and requires more investment’ than expected




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Construction confusion as UK working instructions published then withdrawn

Mixed messages follow industry protests over 2-metre distance ruling




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Even Covid-19 cannot damp partisanship

As the human and economic damage mounts, old political divides are likely to re-emerge




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New York suffers double shock

Gillian Tett on the city's struggle to contain the virus and the financial fallout




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Top Wirecard shareholder calls on board to end ‘whitewash’

Union Investment says new outside executives are needed to move the company on after special audit




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Air France-KLM prepares for years of shrunken demand

Airline forecasts capacity will be almost wiped out in the second quarter




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Deconstructed Watch: Zenith Chronomaster Revival Shadow

Discovery in Zenith factory attic helps watchmaker claim the first all-black wristwatch title




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Treasury market sends bearish signals as stocks rise

Two- and five-year yields hit record lows as futures investors anticipate negative rates




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Too much cash is chasing too few desirable assets

With no productive use of liquidity, money is going into market speculation driving recovery in asset prices




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Biggest US energy groups lay out oil crash strategy

ExxonMobil and Chevron deploy plans for cutbacks but preserve dividends




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Oil price crash threatens Texas university endowments

Turmoil in commodity market slashes state colleges’ revenues




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Mexico’s Pemex: from cash cow to resource drain

President’s pet project holds line on output growth despite oil crisis and mammoth losses




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Renewables sector shrugs off devastating effects of coronavirus

Developers of clean energy projects defy wider turmoil in the global energy markets




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Bakken pain reflects long road back for US shale

North Dakota’s oil sector has ‘never been through a downturn like this’




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Deal of the week: Scottish Power Online Fixed Saver

Scottish Power has launched a new energy plan that allows customers to fix their bills




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Deal of the week: Premium share dealing from The Share Centre




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Yorkshire Building Society’s tracker-to-fixed mortgages

Fixed rate that applies in years three to five has been cut




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Santander 123 cashback credit card

Cardholders will receive 3 per cent cashback on fuel




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Derbyshire Building Society NetSaver Issue 2

NetSaver easy access account pays 3.16 per cent on savings




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Cashback for Santander mortgage customers

1% cashback for mortgage customers with 123 account




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Why US mortgage rates should be even lower

Uncertainty over loan forbearance prevents savings being passed on




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Yield-crazed investors should be wary of Hipgnosis

Music royalties specialist has done well in a strong market for alt investment trusts




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Panic-buying is just as short-sighted for investors

Market is full of cautionary tales about investors betting on familiar stocks




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Tobacco stocks should be doing better out of enforced isolation

The default product of anxious idleness has been sidelined during pandemic




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Entrepreneurship: Nubank shakes up Brazil’s banking bureaucracy

The fintech company aims to disrupt other Latin American markets with its smartphone-based services




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Coronavirus boosts digital banking as Argentines lose fondness for cash

SoftBank-funded fintech challenger Ualá expands rapidly amid the pandemic




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City watchdog looks to shake up savings market

New rules require banks to stick with a single rate after introductory deals




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What I wished I’d known about money when I was young

Young people may face many challenges, but they also have many wealth creation opportunities




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Consumers pay big price after free cash machines close

Withdrawal fees soar to £104m and banks save £120m in ATM shake-up




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NS&I slashes Premium Bonds prizes

Bond market movements blamed for removal of nearly 175,000 cash prizes from monthly draw




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Nationwide launches cash Isa prize draw

As interest rates fall, more savings banks rely on the lure of cash prizes




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Cash Isas: only worth it for the wealthiest

Puny interest rates have dented the tax sheltering properties of cash Isas for most 




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Pandemic policies: Rishi Sunak’s first  Budget and a cut in the base rate

Surprise measures on pensions and investing for children lay in the chancellor’s red box




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Penalties slashed on Lifetime Isa withdrawals

Treasury reduces charge for removing cash from tax-free accounts for under-40s




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Coronavirus: Trump makes new push to expand US testing — as it happened

New daily cases of Covid-19 around the globe rose by the lowest amount in 12 days as 73,858 diagnoses were confirmed on Sunday, bringing the total to 2.93m

Read more




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Danish biotech: white coat catalyst

New Novozymes chief will need fresher ideas to achieve success




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Surge in plastics production defies environmental backlash

Cheap shale gas has fed an investment boom in products that often end up as waste. Has the petrochemicals industry miscalculated?




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Oxygen suppliers push for looser regulations

Demand surges as hospitals require more medical oxygen for coronavirus patients on ventilators




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Vote for Europe’s hottest startups in The Europas Awards + workshops, pitches, networking

The Europas Awards — which have been recognising the hottest European tech startups in since 2009 — are now open for the public voting stage, prior to the formal judging process. The entries have been sorted and sifted by journalists to compile an editorially-driven ‘long list’ of some of Europe’s most exciting startups and investors. […]




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Short sellers circle virus sinners; Amazon’s looming shareholder battle; Businesses fight for prisoner releases

Your guide to the investment and business revolution you can’t afford to ignore




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Big data shows Covid-19 reshaping ESG; UN PRI’s long-term crisis plan; sustainable funds stand tall

Your guide to the investment and business revolution you can’t afford to ignore




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Investors should ask who will buy all the new US government debt

The last time America sold war bonds they were essentially a tax on savers




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World Bank’s pandemic bond failure; ESG shakes virtual AGM agendas; BlackRock’s green Fed fight

Your guide to the investment and business revolution you can’t afford to ignore




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Covid-19 to boost worker pay; Soros chips in; BRT sinners; Shell’s carbon pledge

Your guide to the investment and business revolution you can’t afford to ignore




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Covid-19 casts pall over Earth Day; Green bonds stand strong; Shake Shack does the ‘other’ right thing

Your guide to the investment and business revolution you can’t afford to ignore




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How much should it cost to contain a pandemic?

Assigning an economic value to life is taboo — but we must confront the trade-offs




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Exclusive: Shake Shack CEO talks bailout failings; climate chaos ahead for mortgage market; EU green plans charge forward




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Is it safe to go to the shops, see a friend or get on a plane?

Gillian Tett on how to assess risk in the age of coronavirus