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Latin America must kick its addiction to oil-powered development

Ambitious plans for renewable energy rarely feature in government strategy




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Mexico’s Pemex in deep water as debt outlook worsens

State-owned oil group faces risk of further rating downgrades and grapples with output woes




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Vale ex-CEO charged with homicide over dam disaster

Brazilian prosecutors also accuse miner and safety group of environmental crimes




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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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LatAm companies spot opportunity for redemption in pandemic 

Pledges to donate Covid-19 test kits pour in from groups including Vale and Petrobras




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Retired customers find it harder to break up with their bank  

Finding a good credit card deal when you’re older is more difficult




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Santander cuts rate on 123 current account

Bank blames low-interest environment and impact of banking regulation




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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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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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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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Don’t let coronavirus derail your financial plans

Take steps to improve your relationship with money and the role it plays in your life




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Coronavirus: US death toll nears 40,000 — as it happened

Italy to lay out strategy this week on its plans to ease Covid-19 restrictions. Global stocks under pressure as oil tumbles again. England and Wales record 75 per cent more weekly overall deaths than normal.

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Coronavirus: US death toll tops 42,000 — as it happened

Number of global cases of Covid-19 nears 2.5m, international oil prices tumble to lowest levels since the 1990s, Heineken hit as pandemic cuts into beer drinking globally.

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Coronavirus: US business leaders call for co-ordinated approach — as it happened

The number of US deaths attributed to Covid-19 surpassed 45,000 on Friday, while the rate of new cases remained flat

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Coronavirus: US death toll approaches 50,000 — as it happened

British fatalities rise by 813 with almost 150,000 infected; Spain prepares to ease restrictions slightly as daily deaths remain below 400

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Coronavirus: Record daily increase takes US death toll above 55,000 — as it happened

The worldwide Covid-19 death toll rose by 6,365 on Tuesday, pushing the total through 200,000

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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: US death toll tops 60,000 — as it happened

Spain allows outside exercise for the first time in weeks while Russia’s daily case count rises by a fifth

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Coronavirus: US death toll approaches 62,000 — as it happened

The FT's live blog on the Covid-19 pandemic

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Coronavirus: US deaths spike as fatalities spread outside NY — as it happened

Russia's coronavirus outbreak worsens and Federal Reserve research finds a correlation between deaths from the influenza pandemic in 1918-1920 and extremist voting in Germany in 1932 and 1933

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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

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Coronavirus: US death toll tops 70,000 as New York fatalities top 20,000 — as it happened

BT halts dividend for first time since dot com bubble two decades ago, BA parent IAG warns of further cuts as recovery set to take three years and shoemaker Puma warns worse to come as profits halve in first quarter

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Coronavirus: Pence aide tests positive for Covid-19 — as it happened

Germany's dominant export sector in record decline, South Korea may be forced to close bars and nightclubs after partygoer is found to have infected at least 14 people

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Bayer faces 5,000 new lawsuits over pesticide cancer claims

Pharma and chemicals group says it will ‘defend itself vigorously’ amid mounting cases




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Lex In Depth: Bayer’s €50bn blunder

With the disastrous purchase of Monsanto and plummeting shares, some question if it is time to break up the German group




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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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Bayer risks mount as US pesticide lawsuits double

German chemicals group faces surge in plaintiffs alleging cancer link to Roundup




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IFF-DuPont deal creates $45bn flavourings giant

New York company wins bidding against Kerry for nutrition and biosciences unit




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IFF-DuPont $26bn deal bets on meatless future

US flavouring group seeks first-mover advantage with purchase of nutrition venture




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Jim Ratcliffe’s Ineos to sponsor Mercedes Formula One team

Move boosts chemicals group’s growing sports investment portfolio




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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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TechCrunch’s top 16 picks from Techstars April virtual demo days

Like other accelerators, Techstars, a network of more than 40 corporate and geographically targeted startup bootcamps, has had to bring its marquee demo day events online. Over the last two weeks of April, industry-focused accelerators working with startups building businesses around mobility technologies (broadly) and the future of the home joined programs in Abu Dhabi, […]




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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]




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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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Vaccines and antibiotics made the west complacent. This must change

Rich countries need to fund infectious disease treatments properly




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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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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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How the pandemic trapped domestic violence victims in hell

Under lockdown, vulnerable families are imprisoned in a cage of terror, stress and abuse




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Facebook stock spikes despite ‘significant reduction’ in demand for ads

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]




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Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




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Poynter Institute launches WhatsApp chatbot to debunk coronavirus-related hoaxes

You can now debunk thousands of coronavirus-related hoaxes with a few texts on WhatsApp . Poynter Institute, a non-profit organization that supports journalism, today launched a bot on the Facebook -owned service that will allow people across the globe to debunk over 4,000 hoaxes surrounding the pandemic such as whether the infectious disease originated in […]




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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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Facebook’s redesign goes live with simplified navigation and dark mode

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]




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Lagarde must resist pressure on inflation target

The new president should ensure governments grasp the interaction of fiscal and monetary policy




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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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Austerity, not the populists, destroyed Europe’s centre ground

From Brexit to fiscal policy, the EU’s largest member states have seen the mainstream wrongfooted




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A narrow EU trade deal is the most likely way forward

The UK should not agree to proposals to stagger the talks, with fish as part of the first course




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Merkel’s successor must confront Germany’s decline

Investment strategies have failed to prepare the country for the technology shock