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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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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




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Deal of the week: The Eon Energy Fit Plan

Read the small print on ‘free’ offer




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Deal of the week: Post Office Inflation Linked Bond

Timely relaunch allows savers to keep pace with the rising cost of living




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Tesco launches new RPI-linked bond

More options for savers seeking real returns




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Santander Inflation Linked Savings Bond

Bond pays out 105 per cent on RPI




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Cater Allen plan mirrors FTSE 100

Santander private banking arm’s six-year savings product




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Mr & Mrs Smith retail bond launched

The four-year bond will pay 7.5%




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Top US pension plans eye private credit

Move to capitalise on dislocations across market stemming from coronavirus pandemic




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Pension Regulator urged to abandon funding review

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




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Final salary schemes seek breathing space

Companies running defined benefit pension schemes ask regulator to extend payment holidays




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Government delays overhaul of business rates

Move means hard-hit industries face another year of high bills




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HMRC launches coronavirus income support scheme for self-employed

Cash from successful claims could reach bank accounts by end of the month




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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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Hedge funds calculate cliff-edge Brexit fears overdone

Lansdowne, Odey and Wadhwani among those betting on a revival of UK equities




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European regulators intervene in bid to stabilise markets

Spanish and Italian bans on short selling follow US Federal Reserve’s liquidity injection




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Tobacco stocks should be doing better out of enforced isolation

The default product of anxious idleness has been sidelined during pandemic




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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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Mexico’s Grupo Lala chief to join JAB beverages arm

Mauricio Leyva to advise German family company on expanding beverages arm




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Latam banks: flying down to Rio

Future of finance: Brazil’s main Latin rival for the attention of emerging market fund managers is Mexico




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Latin America must kick its addiction to oil-powered development

Ambitious plans for renewable energy rarely feature in government strategy




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Weak currencies boost Latin America’s producers

From coffee to copper, exporters enjoy higher profits




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US extends Venezuelan oil refiner Citgo’s lifeline

Treasury also licenses Chevron to operate in crisis-hit nation for a further 3 months




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Church of England raises pressure on miners over dams

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




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Burford faces long wait over $1bn Argentina claim

Case linked to 2012 nationalisation of oil company proves tricky for litigation funder




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Building success in a highly volatile economy

One of Latin America’s top real estate developers puts some of his triumphs down to luck




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Embraer says Boeing used false claims to ditch $4bn tie-up 

Brazilian jet maker to seek damages from US group, which counters it is within its rights to terminate deal




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LatAm companies spot opportunity for redemption in pandemic 

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




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Vale launches New York front in bitter battle with Beny Steinmetz

Brazilian group alleges tycoon’s family-controlled mining arm fraudulently funnelled $500m into Manhattan real estate




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NS&I slashes Premium Bonds prizes

Bond market movements blamed for removal of nearly 175,000 cash prizes from monthly draw




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Nationwide launches cash Isa prize draw

As interest rates fall, more savings banks rely on the lure of cash prizes




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Don’t let coronavirus derail your financial plans

Take steps to improve your relationship with money and the role it plays in your life




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Penalties slashed on Lifetime Isa withdrawals

Treasury reduces charge for removing cash from tax-free accounts for under-40s




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Latest National Savings & Investments rates

Current rates from the state-owned savings bank




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Latest savings rates

Up-to-date deals from banks and building societies




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Coronavirus: AIG chief warns virus could be industry’s largest catastrophe loss — as it happened

Spanish prime minister Pedro Sánchez says no other option remains but to maintain the state of alert

Read more




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Coronavirus latest: Spain’s Sánchez urges caution as lockdown is eased

Thousands attend military parade in Belarus even as virus spreads rapidly in neighbouring Russia, UK airline industry warns of huge blow if travel quarantine is launched and Seoul closes down bars and clubs in wake of new cluster

Read more




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Chemicals group Clariant suspends Saudi joint venture plans

Swiss company announces ‘challenging’ results a day after its chief executive quit




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Bayer faces 5,000 new lawsuits over pesticide cancer claims

Pharma and chemicals group says it will ‘defend itself vigorously’ amid mounting cases




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Bayer risks mount as US pesticide lawsuits double

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




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IFF-DuPont deal creates $45bn flavourings giant

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




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Jim Ratcliffe’s Ineos to sponsor Mercedes Formula One team

Move boosts chemicals group’s growing sports investment portfolio




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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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Bayer faces more claims over weedkiller cancer allegations

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




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

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




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Oxygen suppliers push for looser regulations

Demand surges as hospitals require more medical oxygen for coronavirus patients on ventilators




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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 […]




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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




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Vaccines and antibiotics made the west complacent. This must change

Rich countries need to fund infectious disease treatments properly




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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