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Aviva pension clients barred from cashing in property assets

Provider cites coronavirus market turmoil for uncertainty over valuations




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Five ways to protect your post-pandemic pension pot

How will your retirement finances change BC and AC — before and after coronavirus?




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BNP warns coronavirus could dent 2020 profits by a fifth

‘Drastic revisit’ of outlook at French bank as dividend cuts and cancellations hit equities trading




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Virgin Money profits halve as it prepares for surge in bad loans

UK lender is latest to warn coronavirus-induced economic disruption will hit its clients




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Smokers stock up on tobacco and nicotine products

Legal marijuana producers also report spike in demand during lockdown 




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Bill for pair of Carillion hospital projects doubles

Failed outsourcer’s work on Liverpool and Birmingham hospitals running years behind schedule




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Crest Nicholson profits tumble after sales hit by Brexit paralysis

FTSE 250 housebuilder also takes charge for fire safety review after Grenfell tragedy




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German court calls on ECB to justify bond-buying programme

Bundesbank told to halt participation unless central bank shows policy is ‘proportionate’




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Texas regulator drops effort to force oil production cuts

Railroad commissioner had called for using decades-old state rules to reduce output




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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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Total keeps dividend and sets climate goal despite profit plunge

French energy group makes emissions pledge as first-quarter profits drop 35%




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Learning about money and rich people’s problems

Covert and overt ways to interest children in learning about money




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Pearson’s latest profit warning is a teachable moment

UK-based education company is still more value trap than takeover candidate




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Companies’ silence on virus is storing up problems

Listed businesses have been conspicuously slow in estimating disruption to operations




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Latin American producers boosted by weaker currencies

Price in local currencies of commodities such as copper and coffee has surged




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Weak currencies boost Latin America’s producers

From coffee to copper, exporters enjoy higher profits




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

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

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




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Lessons for pro-Europeans in the failed Remain cause

The anti-Brexit movement wasted energy on negative campaigning and parliamentary wrecking tactics




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Europe should be wary of Olaf Scholz’s proposals

The German finance minister’s proposition on EU deposit insurance are not quite what they seem




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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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Stripe adds card issuing, localized card networks and expanded approvals tool

At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes. Alongside that, it’s going […]




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Musk steps in to provide insurance for Tesla board

Chief executive criticised over move to offer liability cover following premium increase




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Ford to delay new product launches

Chief executive Jim Hackett signals disruption to carmaker’s plans as losses mount




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Tesla ekes out profit despite coronavirus disruptions

Shares soar in after-hours trading following better than expected figures




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NEAR Protocol raises $21.6M from A16Z and launches its MainNet, beating Ethereum 2.0

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]




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As Wunderlist shuts down, its founder announces a new productivity app called Superlist

Wunderlist is going away, but fans of the productivity app may find some consolation in founder Christian Reber’s announcement that he is launching a new startup called Superlist. “Superlist will be more than just a todo app, but never as bloated as the project management software you loathe to use,” he tweeted. “Slick, fast, and […]




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Soundcloud to launch live original programming on Twitch

Music streaming service Soundcloud is capitalizing on consumer demand for live entertainment amid the COVID-19 quarantine with the launch of its own slate of originally produced live programming. The company today announced its plans for a new Twitch channel where it will air live chat series and other panel conversations, plus music sets and shows […]




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Twitter rolls out changes to threaded conversations following tests in its prototype app, twttr

Twitter announced today it’s introducing a new layout for replies that will use lines and indentations to make it easier to understand who you’re replying to and how the conversation is flowing. The company will also test putting engagement actions — including likes, Retweet and reply icons — behind an extra tap to make replies […]




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Promethean shapes up, but for how long?

Shares in the educational IT provider rose 4.2 per cent




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FTSE 100 companies prove their durability

If the UK stock market is in for more of a hiding, the FTSE 100 is likely to outperform the FTSE 250




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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 do I solve my transatlantic inheritance tax problem?

I am a US citizen who has lived in the UK for nearly 20 years




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The 13-inch MacBook Pro gets Apple’s much-improved keyboard

Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the company’s much improved keyboard. It’s probably not enough reason for recent MacBook buyers to upgrade, but could well be the thing that pushes the indecisive over the edge. To sweeten the pot, the new laptop gets […]




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Daily Crunch: Apple upgrades the keyboard on the 13-inch MacBook Pro

Apple announces a new MacBook Pro, tech stocks take a dip and Uber Eats shuts down in seven markets. Here’s your Daily Crunch for May 4, 2020. 1. The 13-inch MacBook Pro gets Apple’s much-improved keyboard Following in the footsteps of the MacBook Air and 16-inch Pro, Apple’s 13-inch Pro model is finally getting the […]




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Apple awards $10 million to rapidly scale COVID-19 sample collection kit production

Apple has awarded $10 million from its Advanced Manufacturing Fund to COPAN Diagnostics, a company focused on producing sample collection kits for testing COVID-19 to hospitals in the U.S. The money comes from the fund that Apple established to support the development and growth of U.S.-based manufacturing, but is particularly notable because to date, the […]




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Apple MacBook Pro 13-inch review

With the new MacBook, Apple closes one of the more unfortunate product chapters in its history. The upgraded 13-inch mercifully marks the end of the failed five-year experiment that was the butterfly switch. I won’t go into too much detail here. If you’ve purchased a MacBook in the past several years, you almost certainly know […]




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Xiaomi, Samsung and others begin to resume smartphone production in India

Xiaomi, Vivo, Samsung, Oppo and other smartphone companies have received approval from some state governments in India to partially resume manufacturing and assembling of devices amid the ongoing lockdown in the world’s second largest handset market that completely shut operations at these plants in late March. The companies said that they have secured permission to […]




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MacBook Pro 16” first impressions: Return of the Mack

In poker, complacency is a quiet killer. It can steal your forward momentum bit by bit, using the warm glow of a winning hand or two to cover the bets you’re not making until it’s too late and you’re out of leverage.  Over the past few years, Apple’s MacBook game had begun to suffer from […]




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GitHub launches a mobile app, smarter notifications and improved code search

At its annual Universe conference today, Microsoft -owned GitHub announced a couple of new products, as well as the general availability of a number of tools that developers have been able to test for the last few months. The two announcements that developers will likely be most interested in are the launch of GitHub’s first […]




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The new AirFly Pro is the perfect travel buddy for your AirPods Pro

Accessory maker TwelveSouth has a solid lineup of gadgets, many of which fill a niche that their products uniquely address — and address remarkably well. The AirFly Pro ($54.99) is a new iteration on one of those, providing a way to connect Bluetooth headphones to any audio source with a 3.5mm headphone jack. It’s being […]




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Apple announces new iPad Pro

Apple has announced new iPad Pro models in a press release. In addition to better specifications, Apple is also releasing a new Magic Keyboard with backlit keys, a trackpad and a hinge that allows you to move the iPad freely. The iPad Pro looks more or less like the existing iPad Pro. You can choose […]




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Daily Crunch: Apple unveils new iPad Pro and MacBook Air

Apple has new hardware coming, the U.S. government may use cell phone data to track the spread of COVID-19 and Fox acquires a streaming company. Here’s your Daily Crunch for March 18, 2020. 1. Apple announces new iPad Pro The new iPad Pro looks more-or-less like the existing iPad Pro, but with better specifications, plus […]




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Review: 100,000 miles and one week with an iPad Pro

For the past eighteen months, the iPad Pro has been my only machine away from home, and until recently, I was away from home a lot, traveling domestically and internationally to event locations around the world or our offices in San Francisco, New York and London. Every moment of every day that I wasn’t at […]