d

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




d

Huntsman sells chemicals units to Indorama for $2bn




d

The worst deal of this M&A cycle?

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




d

Farmers reap rewards of biological pest control

Concern over use of chemicals drives research into alternatives




d

Danish biotech: white coat catalyst

New Novozymes chief will need fresher ideas to achieve success




d

Bayer risks mount as US pesticide lawsuits double

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




d

China close to abandoning ChemChina and Sinochem merger

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




d

The end of China’s chemical romance

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




d

IFF-DuPont deal creates $45bn flavourings giant

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




d

IFF/DuPont: an acquired taste

Projections suggest $300m in annual cost savings and $400m of revenue benefits




d

IFF-DuPont $26bn deal bets on meatless future

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




d

Jim Ratcliffe’s Ineos to sponsor Mercedes Formula One team

Move boosts chemicals group’s growing sports investment portfolio




d

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?




d

Bayer faces more claims over weedkiller cancer allegations

Rise in plaintiffs comes as German chemicals group reports 19% jump in sales




d

Banks’ call for Iofina coup slated as ‘self-serving’

Iodine producer rejects Brexiter’s coronavirus play as ‘probably not very educated’




d

Ineos: why Jim Ratcliffe is mixing petrochemicals and sports

Amid charges of greenwashing from activists, the private company is investing in football, cycling and other ventures




d

Stocks of hand sanitiser ingredient run low in Europe

Products vital to combat coronavirus could become more expensive and scarce




d

Zeitgold raises $29.2M to automate bookkeeping

Zeitgold has raised a Series B round of $29.2 million (€27 million). Overall, the company has raised more than $54 million (€50 million). The company is building a software platform for small companies to automate bookkeeping as much as possible. Vintage Investment Partners is leading today’s round with existing investors Battery Ventures, HV Holtzbrinck Ventures, […]




d

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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Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as […]




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Banked picks up £2.35M seed to use open banking for account-to-account payments

Banked, a London-based fintech using open banking to enable account-to-account payments at checkout (and beyond), has raised £2.35 million in further seed funding. The round was led by Force Over Mass, with participation from previous investors Backed and Acrew Capital, along with a number of high-net-worth individuals, such as Paul Forster (co-founder of Indeed.com). It […]




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UK investors band together to survey Angels on their strategy during COVID-19

A number of UK entrepreneurs have banded together to survey Angels about their investment strategy. The initiative comes in the wake of the UK government’s “Future Fund” for startups, which has been criticized as being inadequate for the needs of Angel and Seed-stage startups. The group hopes the survey will give the UK early-stage investment […]




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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. […]




d

Kairn is a new task manager focused on speed

Meet Kairn, a new startup coming out of stealth today with a sneak peek of what the company has been working on. As Wunderlist shuts down, Kairn wants to prove that there’s still room for an innovative task-management service. “We’re building a task manager that is smart and focused on capturing tasks,” co-founder and CEO […]




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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 […]




d

Countingup scores £4M bridge round for its small business banking and accounting app

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]




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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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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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How will coronavirus change the world? — Parlia launches to help you find out

“Is Greta Thunberg a hypocrite?” Google that phrase and you will get thousands of results. It just goes to show that, to a large extent, the “Q&A” model is broken on the internet. Where once Yahoo Answers and Quora were considered the bright young things of Web 2.0’s “Read/Write Web,” today there is only the […]




d

Why wearing masks may be the way forward

While scientists disagree about their use, donning a mask can have an important social impact




d

US rescue must be transparent, consistent and fast

Taxpayers ought to receive a share of the upside after big business recovers




d

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




d

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




d

Vaccines and antibiotics made the west complacent. This must change

Rich countries need to fund infectious disease treatments properly




d

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




d

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




d

From balcony concerts to cyber drinks — the power of ritual in the corona age

Under lockdown, communities are finding new ways to voice their defiance, anger and support




d

Warrior accountants: leading the green revolution?

Corporate accountants could have a significant impact on green issues




d

The Fed has cleared one big hurdle, but more loom

It will be hard to help worthy US companies without also aiding private equity




d

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




d

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




d

How much should it cost to contain a pandemic?

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




d

US lawyers and insurers must face Covid-19 liability

Private lawsuits are a vital tool for upholding standards in the free market system




d

Disney’s pay furore; Robeco warns of green risk in tech; JPM, McDonald’s face ESG fight

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




d

Lockdown fitness

No gym? No problem. This series from FT Globetrotter has tips, workout routines and reflections on staying active during the coronavirus crisis, including the best moves for small spaces, to indoor cycling and much more




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A Covid-19 supply chain surprise? Exxon and Barclays face proxy battles; challenging data on ESG fund growth




d

How the pandemic trapped domestic violence victims in hell

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




d

US stock market rally confuses liquidity with solvency

Many zombie companies will fail, no matter how much is sprayed around by the Fed




d

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




d

Public trust in CEOs ‘evaporates’; building back better with UK social housing; EM green bonds take off

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