chi

Heathrow’s third runway project now ‘impossible’, says IAG chief

Willie Walsh points out that expansion plans face bigger challenges due to coronavirus impact




chi

Sibanye-Stillwater chief hails Lonmin deal

Neal Froneman highlights ‘lowest payback period’ after £285m purchase




chi

My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




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Insurers face biggest-ever losses, warns Lloyd’s chief

Pandemic could dwarf other disasters such as Hurricane Katrina, John Neal says




chi

How to choose chic knobs for cupboard doors

Look for something elegant and distinctive but not overbearing




chi

Netflix is chilling in Iceland but the rest of the world is a problem

As global lockdowns boost streaming subscriptions, filming freezes spell trouble ahead




chi

Mulberry creative chief Johnny Coca to depart

British handbag maker’s value has plummeted 85% in past two years as turnround plan stalls




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Cement price rise points to surge in China construction

Experts fear country is embarking on more white elephant projects




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Von der Leyen tells China to price carbon

Commission president sets out Brussels’ plan for CO2 border adjustment mechanism




chi

China, not America, will decide fate of the planet

But its coal addiction and authoritarian system mean it will struggle to take a global lead




chi

A dangerous US-China blame game will do no good

An inquiry into the origins of Covid-19 is needed if important lessons are to be learnt




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Top investor calls for dismissal of Wirecard chief Markus Braun

Deka Investment urges chairman to act quickly to end crisis of confidence in payments group after special audit




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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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Global stocks turn lower on China virus fears

Outbreak ripples across US, European and Asian equity markets




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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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Icahn urges ousting of Occidental chief

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




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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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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: 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

Read more




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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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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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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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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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Chinese electric car start-up Nio announces $989m cash injection

Investment in company’s new China entity is led by state-owned enterprises




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Wall St ekes out gain after day of US-China trade worry

Renewed friction between Washington and Beijing adds to coronavirus concerns




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China’s Kingsoft Cloud tests US market with biggest IPO in months

First New York listing by a Chinese company since Luckin Coffee debacle




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Google launches ‘Read Along,’ a free app that helps young children practice reading

Google today is launching a new app, Read Along, that aims to help elementary school students practice their reading skills and stay educationally engaged amid school closures due to coronavirus. The new Android app is based on Google’s existing application, Bolo, which launched in India last year with a catalog of read-along stories in both […]




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I earn above £50,000 — should I stop claiming child benefit?

HMRC has sent an email saying that my tax code has changed




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How can I protect my children’s savings from tax liabilities?

I am concerned about inheritance tax if my husband and I were to die prematurely




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How can I ensure my child gets the best education?

My ex-husband and I have recently divorced and have a school-aged son




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Apple said to sell Macs powered by in-house ARM-based chips as early as 2021

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]




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A partial and defective US-China trade truce

A large problem remains: Washington does not know what it is trying to achieve




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Martin Wolf on the pain of separation from his grandchildren

‘We are used to having the grandchildren regularly in our house. When will that happen again? We have no idea. That is painful’




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Chinese startup Rokid pitches COVID-19 detection glasses in US

Thermal imaging wearables used in China to detect COVID-19 symptoms could soon be deployed in the U.S. Hangzhou based AI startup Rokid is in talks with several companies to sell its T1 glasses in America, according to Rokid’s U.S. Director Liang Guan. Rokid is among a wave of Chinese companies creating technology to address the […]




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Apple said to sell Macs powered by in-house ARM-based chips as early as 2021

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]




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Apple said to sell Macs powered by in-house ARM-based chips as early as 2021

Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed […]




chi

Google launches ‘Read Along,’ a free app that helps young children practice reading

Google today is launching a new app, Read Along, that aims to help elementary school students practice their reading skills and stay educationally engaged amid school closures due to coronavirus. The new Android app is based on Google’s existing application, Bolo, which launched in India last year with a catalog of read-along stories in both […]




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Business feels the fear in Australia-China trade dispute

Canberra’s call for an inquiry into the origins of coronavirus has provoked threats from Beijing




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Sony chief: mobility is the next megatrend

Tech Scroll Asia, your guide to the billions made and lost in Asia tech




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Hong Kong exchange chief to step down after failed LSE bid

Charles Li will not seek reappointment when contract expires in October 2021




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China’s Covid-19 QR code surveillance state

Phone-based system controls entry and exit to neighbourhoods and taxi cabs




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Trump’s erratic China policy undermines western unity

Washington’s stance is alarming US allies when a joint approach is needed




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US and China say trade talks on track despite coronavirus tensions

Two sides hold call on ‘phase one’ deal in rare easing of war of words over pandemic




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Chinese stranded abroad accuse Beijing of abandoning them

Government’s travel ban due to coronavirus makes it nearly impossible for citizens to return home




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US and China: edging towards a new type of cold war?

Trust between the countries has deteriorated during the pandemic and is close to its lowest point since 1979