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Oil’s cruellest month has forced a rethink on production

Dive into negative prices triggered pullback that helps set scene for rebound




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Hidden threat: Japan has only 2-week stockpile of LNG

Coronavirus exposes nation’s post-Fukushima vulnerability




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Cannabis remains an investment market worth watching

Promises of huge growth are yet to materialise — but there’s huge potential




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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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Derbyshire Building Society NetSaver Issue 2

NetSaver easy access account pays 3.16 per cent on savings




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ThinCats Bond for Business

Invest in a loan to a small business, but with a manager to assess the risk




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Final salary schemes seek breathing space

Companies running defined benefit pension schemes ask regulator to extend payment holidays




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Renters and self-employed hit hard by Covid-19 lockdown

A third of self-employed reported working reduced hours during the first two weeks of lockdown




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European stocks edge lower while oil climbs

Pound dips following UK chancellor’s hard Brexit remarks




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Global stocks turn lower on China virus fears

Outbreak ripples across US, European and Asian equity markets




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Trainline’s investment case is at risk of hitting the buffers

Tickets website has to navigate an overhaul of UK rail’s supporting infrastructure




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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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Ocado’s rise faces test in food security rethink

Competitive landscape is unclear as food delivery becomes a utility




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The market may reward companies that kept things going

Political goodwill for Spire Healthcare could act as a tailwind once virus impact eases




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Mexico’s Grupo Lala chief to join JAB beverages arm

Mauricio Leyva to advise German family company on expanding beverages arm




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Building success in a highly volatile economy

One of Latin America’s top real estate developers puts some of his triumphs down to luck




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Icahn urges ousting of Occidental chief

Activist investor has almost quadrupled his stake in battered US oil producer




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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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Vale warns steel production cuts will hit iron ore prices

Chief expects weak demand from mills outside China to offset supply disruptions elsewhere




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What do children spend their pocket money on?

In our increasingly cashless society, parents are turning to apps and payment cards designed for youngsters




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Tax boost for maturing child trust funds

New rules allow savings to go straight into an Isa without affecting the annual allowance




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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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Maturing Child Trust Funds to provide £700m bonanza   

Over 400,000 teenagers will be eligible to claim funds from later this year




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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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How to teach your children about the stock market 

Lockdown presents a golden educational opportunity, particularly if you work in investment




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Coronavirus: US death toll rises by more than 2,000 for third straight day — as it happened

Eurozone GDP in historic fall, millions more Americans file for unemployment, Shell cuts dividend for first time since second world war and UK's AstraZeneca combines with Oxford on a potential vaccine

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Coronavirus: AIG chief warns virus could be industry’s largest catastrophe loss — as it happened

Spanish prime minister Pedro Sánchez says no other option remains but to maintain the state of alert

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Coronavirus: NY Fed economists find hardest-hit states received fewer PPP loans — as it happened

The US private sector shed a record 20m jobs in April as coronavirus lockdowns and the resulting closure of non-essential businesses led to historic joblessness

Read more




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The worst deal of this M&A cycle?

Welcome to Due Diligence, the FT’s daily deals briefing




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Danish biotech: white coat catalyst

New Novozymes chief will need fresher ideas to achieve success




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China close to abandoning ChemChina and Sinochem merger

Deal to create one of world’s biggest chemicals groups beset by management clashes




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The end of China’s chemical romance

Welcome to Due Diligence, the FT’s daily deals briefing




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Vaccines and antibiotics made the west complacent. This must change

Rich countries need to fund infectious disease treatments properly




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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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My pity package of Chinese face masks sends a bigger message

As US health workers suffer from inadequate protection, there are signs of a shifting world order





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Several major iOS apps crashing at launch due to Facebook SDK issues

A number of popular apps including Spotify, GroupMe, Pinterest and TikTok were fielding user iOS crash reports Wednesday evening, the result of an apparent issues with Facebook’s SDK according to a lengthy GitHub thread on the topic. Downdetector logged tens of thousands of user crash reports on Spotify between 3:30 and 5:30 pm PT, the […]




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This early Facebook investor wants to find smart students a job at the next Facebook

For many college seniors, school is a time for self-exploration, considering options, leisurely contemplating the future. Yet that’s rarely the case for computer engineering students who either attend the world’s best universities or rise to the very top of their classes. Almost immediately after choosing their courses during the first week of school, they typically […]




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The EU must rethink its approach to UK trade talks

Brussels was wrong to treat Brexit as a threat, rather than grasping it as an opportunity




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How to think about the EU’s rescue fund

We do not need another big lending programme; equity investments would get us out of the credit-versus-loans debate




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Pinn’s illustration of the week: Thin ice

The world faces increasing temperatures




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Pinn’s illustration of the week: Hitting the peak?

Countries look for evidence that Covid-19 infections have passed their pinnacle




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Bird is testing Bird Pay, which lets users purchase items from local businesses using its main app

Another on-demand transport app is making a move into payments to expand the existing relationship with its customers (and subsequent margins that it makes from serving them). Bird today announced the launch of Bird Pay, a service that will let people use its app to purchase items from local participating businesses alongside renting scooters. The service […]




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Google said to be preparing its own chips for use in Pixel phones and Chromebooks

Google is reportedly on the verge of stepping up their hardware game in a way that follows the example set by Apple, with custom-designed silicon powering future smartphones. Axios reports that Google is readying its own in-house processors for use in future Pixel devices, including both phones and eventually Chromebooks, too. Google’s efforts around its […]




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Randall Stephenson to step down as AT&T chief, succeeded by COO John Stankey

A big changing of the guard is underway at one of the world’s biggest and iconic names in telecoms and media: AT&T today announced that Randall Stephenson will be stepping down as the chairman and CEO of the telco, and he will be replaced by John Stankey, currently the COO. The change is effective on […]




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Lyft is laying off 982 employees, furloughing a further 288 due to COVID-19 pandemic

Less than 24 hours after it was reported that Uber was considering layoffs of 20% of staff, its big rival Lyft is announcing its own cuts. Today the company said it would be reducing employee count by 17%, working out to 982 employees, and furloughing an additional 288, due to the effects of the COVID-19 pandemic […]




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Twitter Q1: sales up 3% to $808M as it swings to a loss on COVID-19, mDAUS hit record 166M

Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn in consumer activity outside the home and the wider economic pressures resulting from the COVID-19 pandemic. And today, Twitter reported quarterly earnings that bore this trend out. The ad-based social networking and media company said that […]




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Carmakers hit by lack of state support in emerging markets 

Suppliers that exploited cheaper labour hit by big wage bills for shuttered plants