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IHG warns coronavirus is hotels’ ‘most significant challenge’

Holiday Inn owner outlines ‘visible’ hygiene changes as rival Hilton reports slide in revenue




ign

There are worrying signs of a post-Covid cancer surge

Hope is not lost. An army of organisations, private hospitals and industries could be mobilised




ign

Erdogan move to block minister’s resignation exposes  Turkish power struggle

President’s intervention over Suleyman Soylu suggests division at regime’s heart, analysts say




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How designers create collections in quarantine

Long studio sessions were once the norm, but design teams are adapting to a new, remote reality




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British design, then and now

Ahead of the Victoria and Albert museum’s new exhibition 'British Design 1948-2012', Jan Dalley asks: can great design build a better society? Can Britain be called a leader in the field when its manufacturing industry is all but dead? And are we doing enough to foster a new generation of artists and designers? She is joined by the furniture designer Matthew Hilton, co-curator of the V&A show Christopher Breward, and FT arts writer Peter Aspden. Produced by Griselda Murray Brown  


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Design decade

As the 10th edition of the London Design Festival launches, designer Tom Dixon, London Design Museum director Deyan Sudjic and designer and online thinktank founder Rabih Hage discuss its impact with FT architecture critic Edwin Heathcote  


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Design decade

As the 10th edition of the London Design Festival launches, designer Tom Dixon, London Design Museum director Deyan Sudjic and designer and online thinktank founder Rabih Hage discuss its impact with FT Architecture critic Edwin Heathcote  


See acast.com/privacy for privacy and opt-out information.




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Campaign for clear pension charges, how the coronavirus has hit stock markets and coal fires

Join our campaign for clear pension charges - FT Money has been exploring the impossibility of comparing the costs of drawdown plans. The FT is calling on the pensions and advise industry to be transparent about charges to help people to shop around. In this week's show, FT Money Show presenter Claer Barrett interviews o the FT's pensions expert about our campaign. Next up, the spread of the coronavirus has given world stock markets a nasty turn - FT Moneys' new investment reporter, Madison Darbyshire, talks about how investors are reacting. And finally, to cheer listeners up a bit - James Max, our Rich People's Problems columnist is here to discuss a burning issue - the government's proposed ban on coal fires. 

 

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The foreign states that own Britain’s railways

Train travel in the UK now combines the worst features of capitalism and socialism




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Sérgio Moro resignation adds to pressure on Brazil’s Bolsonaro 

Justice minister’s departure raises risk of yet another impeachment in Latin America’s largest democracy




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Argentina heads for ninth sovereign debt default

Analysts expect the country to make bondholders an offer they cannot accept




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Election: Parties back campaigning after London Bridge terror attack — as it happened

The Labour and Conservative parties are making a final push on key issues — border security and rail fares — as the election campaign nears the home stretch. Brexit concerns are also bubbling again.

Read more




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Election: Parties make final push as campaign draws to a close — as it happened

Live coverage of the UK election campaign.

Read more




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EU divided over reforms to maligned fund performance rules

European Commission and MEPs warn regulator over watering down Priips performance scenarios decried as misleading




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Apple loses top designer Jony Ive

Apple’s chief designer Jonathan Ive is leaving after more than two decades in which his iconic designs for the Mac, iPod and iPhone turned one of Silicon Valley’s faded giants into the world’s most valuable company.  Janine Gibson discusses what this means for Apple and what Sir Jonathan will do next with Tim Bradshaw and Matthew Garrahan.


Contributors: Katie Martin, capital markets editor, Janine Gibson, special projects editor, Matt Garrahan, news editor, and Tim Bradshaw, global technology correspondent. Producer: Fiona Symon

 

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Wealth gap ignites Chile protests

Last weekend thousands of people took to the streets of Chile in an outburst of anger at a rise in the price of the metro fare. But as Benedict Mander tells Michael Stott, the roots of the unrest go much deeper.

 

Contributors: Michael Stott, Latin America bureau chief and Benedict Mander, Chile and Argentina correspondent. Producer: Persis Love.

 

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Argentina ready to consider ninth sovereign default, says Guzmán

Finance minister tells FT that government has rejected counter-offer from BlackRock-led group of creditors




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Charts that Count: why the market ignores the layoffs

FT's Robert Armstrong looks at a disconnect between the US stock market and the economy




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Vedanta chief executive resigns 

Departure comes just weeks after Moody’s cut miner’s rating to junk




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Airbus signals further production cut with job losses set to follow

Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse




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BA job cuts signal depth of crisis for airline sector

Post-Brexit Britain will need a viable industry to support global role




ign

Zbigniew Brzezinski, US policy adviser, 1928-2017

Right-hand man to President Carter from Iran hostage crisis to Salt Two arms treaty 




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Gloria Vanderbilt, artist and designer, 1924-2019

Heiress who made her own success as the ‘Queen of Jeans’




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Joseph Nye on morality in foreign policy

Gideon Rachman talks to Joseph Nye about the role of morality in shaping foreign policy




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Treasury market sends bearish signals as stocks rise

Two- and five-year yields hit record lows as futures investors anticipate negative rates




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BASF warns of ‘significant impact’ from coronavirus

German chemicals group blames Brexit and trade tensions for earnings fall




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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 […]




ign

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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There is a void where EU foreign policy should be

The continent could become a playground of conflicting US, Chinese and Russian interests




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Dribbble, a bootstrapped ‘LinkedIn’ for designers, acquires Creative Market, grows to 12M users

Traditionally dominated by big players like Adobe and Autodesk, the world of design has been flush with a newer wave of startups that are creating collaboration spaces and new cloud-based tools designed to address the needs of creatives. Today, two of those players are combining. Dribbble, an online community for designers that lets them post […]




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Bosch warns of ‘significantly’ steep recession for auto industry

Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus




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A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]




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Apple said to be planning fall iPhone refresh with iPad Pro-like design

Apple is readying a new iPhone for fall to replace the iPhone 11 Pro this fall, Bloomberg reports, as well as follow-ups to the iPhone 11, a new smaller HomePod and a locator tag accessory. The top-end iPhone 11 Pro successors at least will have a new industrial design that more closely resembles the iPad […]




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Apple Watch designer reveals the device’s origins on its fifth birthday

Update: We mistakenly noted in an earlier version that Chaudhri had been a part of Microsoft’s Hololens team. The story has been updated to remove the reference.  In his two decades at Apple, Imran Chaudhri worked on many of the company’s most iconic product lines, including the iPhone, iPad and Mac. The designer left the […]




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AWS engineer Tim Bray resigns from Amazon following worker firings

As many Amazon workers called out sick for a May Day Strike, Tim Bray was spending his final day at the company. The VP and distinguished Engineer at Amazon Web Services announced today that May 1 was his final day with the retail giant, citing Amazon’s firings of vocally critical employees. Likely most notable for […]




ign

Apple Watch designer reveals the device’s origins on its fifth birthday

Update: We mistakenly noted in an earlier version that Chaudhri had been a part of Microsoft’s Hololens team. The story has been updated to remove the reference.  In his two decades at Apple, Imran Chaudhri worked on many of the company’s most iconic product lines, including the iPhone, iPad and Mac. The designer left the […]




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A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]




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Tencent surveils foreign accounts to aid domestic censorship

Research finds WeChat analyses messages from users registered outside China to train its algorithms




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Dignity: perilous undertaking

An already grim outlook has become worse for the UK’s largest funeral director




ign

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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Josh Constine leaves TechCrunch for VC fund SignalFire

How do you leave the place that made you? You figure out what it made you for. TechCrunch made me a part of the startup ecosystem I love. Now it’s time to put that love into action to help a new generation of entrepreneurs build their dreams and tell their stories. So it’s “TC to […]




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Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and […]




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8 top fintech VCs discuss COVID-19 trends, signals and opportunities

In recent years, fintech’s revolution has felt like a rising tide. Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the state of the financial technology industry feels more wobbly — some healthy startups in the genre are faring better than ever, while others are feeling […]




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Creatively helps designers and other creative talent showcase their work

Creatively was supposed to launch this summer, according to CEO Greg Gittrich. And then COVID-19 happened. “We made the decision to fast-track the launch when the pandemic hit, because we felt like launching as a beta would really help the creative community,” Gittrich told me. The startup was founded by Stacey Bendet and Joe Indriolo, […]




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Decreased demand and increased supply lead to significant increases in global liquid fuels inventories

As a result of the global economic slowdown related to COVID-19, the U.S. Energy Information Administration estimates that global petroleum and liquids consumption will average 95.5 million barrels per day in 2020, down 5.2 million barrels per day from 2019. EIA forecasts that U.S. oil consumption will decline 6.5% in 2020 to average 19.1 million barrels per day, which would be the largest percentage decline in U.S. consumption since 1980. At the same time, in its April 2020 Short-Term Energy Outlook, EIA expects global oil supply to increase in the coming months from first-quarter 2020 levels. Total world liquids supply will average 98.7 million barrels per day through the third quarter of 2020. These supply and demand developments are contributing to a significant increase in liquid fuels inventories. EIA estimates that second-quarter 2020 global petroleum inventories will increase an average 11.4 million barrels per day. Within the Organization for Economic Cooperation and Development, the most stocks recorded in historical data were in July 2016 at 3.1 billion barrels. EIA forecasts inventories will surpass this level as production continues to outpace consumption. EIA expects these large stock builds will put downward pressure on crude oil prices for several months. Brent crude oil prices averaged 32 dollars per barrel in March, the lowest monthly average since January 2016. EIA forecasts Brent crude oil to average 23 dollars per barrel during the second quarter of 2020 before increasing to an average 46 dollars per barrels in 2021.




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Asia Region Funds Passport reaches critical mass with Japanese sign-up - 14 Sep

PwC’s asset management leader, Ken Woo, said Japan’s commitment to creating a regional market for managed funds represents a ‘tipping point’ in terms of momentum for the initiative.




ign

A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]




ign

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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KFC Enlists RoboCop to Protect Secret Recipe in New Campaign

Colonel Sanders's newest incarnation is fiercely defending the fried chicken chain's 11 blends of herbs and spices.