and

Thermal coal prices collapse after virus lockdowns sap demand

IEA expects global consumption will decline 8% this year in largest drop since second world war




and

Total keeps dividend and sets climate goal despite profit plunge

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




and

Biggest US oil refiner posts $9.2bn loss as fuel demand dives

Marathon cuts capital spending by $1.4bn in anticipation of 30% drop in output




and

Can we tackle both climate change and Covid-19 recovery?

Two experts debate whether shift to low carbon can push forward amid economic stress




and

StanChart and HSBC face losses on loans to rice trader

Phoenix Commodities seeks debt restructuring after racking up $450m of currency hedge losses




and

Santander 123 cashback credit card

Cardholders will receive 3 per cent cashback on fuel




and

Santander Upfront Interest Bond

Three-year savings account will pay immediate returns straight away




and

Santander Inflation Linked Savings Bond

Bond pays out 105 per cent on RPI




and

Santander 123 current account

New current account offers 3 per cent interest and cashback on bills




and

Cashback for Santander mortgage customers

1% cashback for mortgage customers with 123 account




and

Pension Regulator urged to abandon funding review

Covid-19 pandemic increases problems for retirement schemes already in deficit




and

Renters and self-employed hit hard by Covid-19 lockdown

A third of self-employed reported working reduced hours during the first two weeks of lockdown




and

Learning about money and rich people’s problems

Covert and overt ways to interest children in learning about money




and

Pandemic is also a test of our maths skills

As numbers and statistics come to the fore, can we boost national numeracy?




and

Church of England raises pressure on miners over dams

Investor group led by the CofE launches database to track tailings dams after Brazil disaster




and

LatAm companies spot opportunity for redemption in pandemic 

Pledges to donate Covid-19 test kits pour in from groups including Vale and Petrobras




and

Santander cuts rate on 123 current account

Bank blames low-interest environment and impact of banking regulation




and

Pandemic policies: Rishi Sunak’s first  Budget and a cut in the base rate

Surprise measures on pensions and investing for children lay in the chancellor’s red box




and

Coronavirus: Trump makes new push to expand US testing — as it happened

New daily cases of Covid-19 around the globe rose by the lowest amount in 12 days as 73,858 diagnoses were confirmed on Sunday, bringing the total to 2.93m

Read more




and

China close to abandoning ChemChina and Sinochem merger

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




and

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




and

Stocks of hand sanitiser ingredient run low in Europe

Products vital to combat coronavirus could become more expensive and scarce




and

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 […]




and

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 […]




and

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 […]




and

US rescue must be transparent, consistent and fast

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




and

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




and

Vaccines and antibiotics made the west complacent. This must change

Rich countries need to fund infectious disease treatments properly




and

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




and

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




and

How much should it cost to contain a pandemic?

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




and

US lawyers and insurers must face Covid-19 liability

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




and

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




and

How the pandemic trapped domestic violence victims in hell

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




and

WhatsApp eyes lending feature in India as Amazon rolls out Pay Later to tens of thousands of customers

WhatsApp, which began testing its mobile payments feature in India two years ago, could offer at least one more financial service to people in its biggest market. In a filing with the local regulator in India, the Facebook -owned messaging platform has listed credit as one of the areas it will pursue in the country. […]




and

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 […]




and

Instagram ‘pods’ game the algorithm by coordinating likes and comments on millions of posts

Researchers at NYU have identified hundreds of groups of Instagram users, some with thousands of members, that systematically exchange likes and comments in order to game the service’s algorithms and boost visibility. In the process, they also trained machine learning agents to identify whether a post has been juiced in this way. “Pods,” as they’ve […]




and

Facebook now allows users in the US & Canada to export photos and videos to Google Photos

Facebook is today rolling out a tool that will allow users in the U.S. and Canada to export their Facebook photos and videos to Google Photos. This data portability tool was first introduced in Ireland in December, and has since been made available to other international markets. To use the feature, Facebook users will need […]




and

Equity Monday: Intel covets Moovit, two early stage rounds, and Uber’s earnings

Good morning and welcome back to TechCrunch’s Equity Monday, a jumpstart for your week. Equity had a busy last few days, so to help you catch up: Friday’s episode was a lot of fun (Duolingo, Figma, OMERS, and aquafaba), and we also dropped an Equity Shot on Saturday, digging into the first major technology earnings week. […]




and

Facebook to add gift cards, jobs and donation tools to its COVID-19 Community Help hub

Facebook is expanding its Community Help hub to better serve local communities amid the COVID-19 pandemic. The hub has already seen significant usage by those requesting food, supplies and information about local resources, as well as use by volunteers and groups willing to lend a hand. Now, Facebook is adding more features to the hub […]




and

Facebook users are buying and selling pangolin parts, even though it’s illegal

In spite of their protected status under international laws, pangolins remain one of the most trafficked animals in the world — and at least some of that trade is taking place right out in the open on Facebook . A new report from tech watchdog group the Tech Transparency Project details how Facebook users are […]




and

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 […]




and

A grand bargain for Europe might yet be possible

Security and climate change will be high on Ursula von der Leyen’s list of priorities




and

Britain and EU are negotiating at cross purposes

Once the UK accepted trade friction, everything changed




and

Europe needs a new scale of stimulus — and cash not credit

Direct payments should be made to citizens and companies




and

Pinn’s illustration of the week: Safe hands

UK election campaign fights for national health




and

Pinn’s illustration of the week: Supply and demand

Tech companies caught in coronavirus disruption




and

Online printing site Doxzoo exposed thousands of customer files

Doxzoo proudly says on its website that your “documents are in safe hands.” But for some time, that wasn’t true. The U.K. printing company left its customer files on a cloud storage bucket, hosted on Amazon Web Services, without a password. Anyone who knew the easy-to-guess bucket name could access the massive trove of customer […]




and

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 […]




and

Samsung’s new Galaxy Watch app reminds you to wash your damn hands, dummy

A few months ago, the idea of a hand-washing app would have seemed trivial, at best. We’re all adults here, right? We’ve been washing our hands our entire lives. But things change. It’s mid-April and we’re afraid to go outside and engage with other humans — and thorough hand-washing is one of very few tools […]