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Tesla ramps up solar tile roof installations in US, eyes China and Europe expansion

Tesla appears to be ramping up installations of its solar tile roofs in the San Francisco Bay area and will eventually roll out to Europe and China, according to CEO Elon Musk, who, in a series of tweets, provided the first substantial update since the company launched the third iteration of its product in October. […]




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Diet autopilot Thistle raises $5M for health food subscriptions

What if it was easier to eat salad than junk food? Most diet routines take a ton of time, whether you’re cooking from scratch, making a meal kit or seeking a nutritious restaurant. But on-demand prepared food delivery companies like Sprig that tried to eliminate that work have gone bankrupt from poor unit economics. Thistle […]




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Taiwan’s ‘hidden champions’ help coronavirus fightback

Race by machine tool makers to boost mask output underlines importance to economy




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Co-founder of Chinese carmaker Qoros sells half his stake

Idan Ofer’s Kenon offloads shares to majority owner Baoneng in $237m deal




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Chinese carmakers move into Myanmar to battle Japanese rivals

Soueast Motor and GAC take advantage of rules favouring locally made vehicles




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Weakest link in supply chain threatens car industry revival

Big carmakers say small companies must be protected from collapse or factories may remain shut




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Ferguson sticks with main listing in UK after sounding out investors

FTSE 100 plumbing supplier runs into opposition from shareholders over switch to US




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Ventilator standards set out for UK makers ‘of no use’ to Covid patients 

Ministers’ challenge to manufacturers sets basic specifications that are not suitable to task, say experts 




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Hitachi anticipates wave of Chinese infrastructure spending

Japanese conglomerate expects rebound in construction industry as cities end lockdowns




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Continental auto profit margins fall to zero

German supplier scraps outlook and warns smaller contractors could go out of business




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1m car workers in Europe hit by coronavirus shutdowns

Heavy toll on jobs through lay-offs and cuts in pay and hours as one of region’s key industries comes to ‘abrupt halt’




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VW still aiming for ID.3 electric car rollout by August

Group faces large fines if it fails to sell enough battery-powered vehicles in 2020




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VW hit by €2bn-a-week cash drain

World’s biggest carmakers reveal costs of pandemic shutting down factories around world




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Dyson to produce 15,000 ventilators ‘in weeks’

Two-thirds of machines to go to NHS following order from UK government




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European car plants close as industry crisis deepens

PSA and Fiat Chrysler to shut factories as demand tumbles and supply chains disrupted




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Tech prowess propels Derby’s pioneering status

Past and present economic success offers base for manufacturing




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Coronavirus puts electric carmakers on alert over lithium supplies

Battery maker Livent says industry is looking to diversify away from China




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Chinese buyer of British Steel to pursue French arm

Jingye to keep close contact with Paris as it completes takeover and saves 3,200 jobs




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Companies’ supply chains vulnerable to coronavirus shocks

Shortages of components likely to be far worse than expected, warn experts




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PSA and BMW lead race to cut emissions in Europe

Early winners and losers emerge as carmakers scramble to hit tough new targets




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GM to boost electric car investment after battery breakthrough

US carmaker raises spending on EV and autonomous vehicles to $20bn by 2025




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Porsche chief warns battery costs will hit carmaker profits

Blume says industry faces supply constraints because of production ‘bottleneck’




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VW chief defies sceptics with ambitious plans to overtake Tesla

Herbert Diess wants to sell 26m emission-free vehicles in 9 years, overtaking rivals including Californian electric pioneer




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Volkswagen defies car downturn as profits surge

World’s largest auto group enjoys earnings boost and increases dividend




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Jingye tries to save British Steel rescue deal

Chinese group writes to French government as it seeks to reassure over the future of Hayange plant




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Schneider Electric warns of €300m hit from coronavirus

French group braced for revenue losses this quarter despite reopening most of its China factories




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Thyssenkrupp raises possibility of giving away factory unit

German conglomerate hopes to offload lossmaking division to focus on steel




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TechCrunch




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‘50 cent’ gold fund tops European performance charts

Ruffer precious metal and Baillie Gifford tech vehicles shine during market turbulence




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Private equity managers rebuked over slashing US doctor pay

Row escalates between Elizabeth Warren, Blackstone and KKR after coronavirus crisis prompts cuts




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Bain Capital makes $1bn bet on Japan’s nursing homes

Private equity bid for Nichii Gakkan could set a template for future management buyouts




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Asian governments boost dollar borrowing to fight coronavirus

Countries in region issue debt at close to fastest rate in a decade due to pandemic




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Warren Buffett held the wrong stocks as the music stopped

Few investors went into this crisis with a portfolio they were entirely happy with




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UK PLC cuts dividends by £24bn in face of crisis

Investors braced for years of lower payouts by some of the most reliable dividend-paying stocks




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Can companies still afford to care about sustainability?

Will environmental and social initiatives survive Covid-19? Our specialists answered your questions




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Dropping Flynn case turns Barr into Trump’s political sword

Pardoning cronies is offensive but precedented. Using DoJ to go after enemies is Nixonian




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Frontier Developments chairman sells down

Share price surges after news breaks of deal with Games Workshop




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Investors Chronicle: JD Sports, AstraZeneca, Virgin Money UK

Companies analysis from our sister publication




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Latest Isa rates

Up-to-date tax-efficient savings deals




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Private-equity backed companies dominate lowest depths of junk

Two-thirds of companies with lowly ratings from Moody’s were bought by PE groups




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LCF compensation decision looms

FSCS could compensate some investors in collapsed mini-bond issuer London Capital Finance




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Investors row back on ethical principles, research shows

Many put a company’s economic recovery before ESG commitments in coronavirus crisis




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Teaching children about money in lockdown

Financial education has an important role to play to prepare children for an uncertain future




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Crunch time for US tenants and landlords

Investors who saw rental housing as a safe bet before the pandemic are bracing for delinquencies




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‘Gamified’ investing leaves millennials playing with fire

Slick stock-trading apps skip over the risks for inexperienced investors




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Warburg to raise stake in Chinese car rental company

US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal




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KKR posts $4.2bn net loss as investment portfolio hit

Sale of German broadband provider rescues buyout firm’s performance




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UK investors rush back into equity funds during market rally

Calastone reports record inflows throughout April after heavy redemptions in March




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Norwegian oil fund furore focuses on wrong questions

Debate about flight scandal has detracted attention from strategic changes and oversight at world’s biggest sovereign wealth fund




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Debt relief: which countries are most vulnerable?

Emerging economies that have long tested investors’ patience say they need fresh help