Airline’s biggest shareholder calls for CFO’s exit over failure to scrap £4.5bn Airbus order 

Big-name investors such as Elliott and Caxton act on concerns over debasement of money

UK interdealer broker forecasts low single-digit revenue growth for the year

Dutch bank was forced to close out positions at substantial loss

Shares in brokerage firm drop overnight after it discloses payments to clearing houses

Charity Commission intervened over £350,000 of payments to Duke of York’s private secretary

Watchmakers press on with new releases, despite the coronavirus

Recently sanctioned London-listed company seeks to simplify ownership structure

Price of key steelmaking ingredient has held up, despite big drop in economic activity

Anglo-Australian mining group benefits from resilient iron ore price

The four years since his promotion to CEO have been beset by crises

Biggest US oil company takes $2.9bn charge to account for crude’s plunge

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties

Tesla’s decision to buy liability cover from Elon Musk instead of a traditional insurer comes after premiums shot up

Government must prioritise getting the young back to work

Great value can be unearthed in some of the cheapest wines from impeccable producers

Provider cites coronavirus market turmoil for uncertainty over valuations

Essential retailer says coronavirus uncertainty means it will not give guidance for year ahead

Human rights are regressing worldwide and the UN’s ability to defend them is under attack

Latest proposal accused of being misleading over environmental risk

President’s pet project holds line on output growth despite oil crisis and mammoth losses

German chemicals group blames Brexit and trade tensions for earnings fall

Like other accelerators, Techstars, a network of more than 40 corporate and geographically targeted startup bootcamps, has had to bring its marquee demo day events online. Over the last two weeks of April, industry-focused accelerators working with startups building businesses around mobility technologies (broadly) and the future of the home joined programs in Abu Dhabi, […]

Under lockdown, communities are finding new ways to voice their defiance, anger and support

Another on-demand transport app is making a move into payments to expand the existing relationship with its customers (and subsequent margins that it makes from serving them). Bird today announced the launch of Bird Pay, a service that will let people use its app to purchase items from local participating businesses alongside renting scooters. The service […]

Paige, the Sloan-Kettering spinout that has been building an artificial intelligence platform to improve cancer pathology and subsequently use those insights to develop better drug therapies, has raised an additional $5 million in funding to continue its work commercialising its platform and expanding its research reach, while also getting FDA clearance to launch in hospitals […]

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 […]

Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv. The retailer is characterizing the deal as more of an R&D type of acquisition and not one that will have an immediate consumer-facing impact. Deal terms were not disclosed, but we understand the deal […]

I am concerned about inheritance tax if my husband and I were to die prematurely

I am approaching retirement age with very little pension to live on

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]

The hum of the helicopters needs to start getting louder

Cuts are painful for investors, but don’t write off investment trusts just yet 

‘We are used to having the grandchildren regularly in our house. When will that happen again? We have no idea. That is painful’

The internet has, for better or worse, become the default platform for people seeking information, and today one of the companies leveraging that to deliver educational content has raised some funding to fuel its next stage of growth. Udemy, which provides a marketplace offering some 150,000 different online learning courses from business analytics to ukulele […]

Box has joined a number of tech companies supporting employees to work remotely from home in response  the outbreak of the novel coronavirus. It’s applying the policy to all staff, regardless of location. Late yesterday Box co-founder Aaron Levie tweeted a statement detailing the cloud computing company’s response to COVID-19, the name of the disease caused […]

LinkedIn has no plans to make COVID-related layoffs until at least the end of June 2020, the professional network has confirmed to TechCrunch. This announcements comes after Salesforce CEO Marc Benioff’s pledge last month to have no significant layoffs for the next 90 days. Other business leaders such as Bank of America’s CEO Brian Moynihan […]

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 […]

Earlier this week, Amazon informed staff members at its Staten Island fulfillment center that a worker had died from COVID-19. The news was first noted by The Verge. The employee began to exhibit symptoms in early April, before being placed on quarantine April 11. He never returned to the site. “We are deeply saddened by […]

Quarter after quarter, familiar stories have appeared. The smartphone market, once seemingly bulletproof, has suffered. The list of factors is long, and I’ve written about them ad nauseam here, but the CliffsNotes version is: costs are too high, innovation is too incremental and most people already own a device that will be plenty good for […]

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 […]

The coronavirus is proving to have an unexpected upside for the adtech industry. The U.K.’s data protection agency has paused an investigation into the industry’s processing of internet users’ personal data, saying targeted suspension of privacy oversight is merited because of disruption to businesses as a result of the COVID-19 pandemic. The investigation into adtech […]

Harbr co-founder Anthony Cosgrove has been working with data for over 15 years, so he has an inkling of some of the problems associated with pulling data together in a way that makes it easy for others to consume, whether internally or externally. Like many entrepreneurs before him, he decided to start a company to […]

When Britain leaves, the power imbalance between Berlin and Paris will be laid bare

Past prime ministers put head before heart on Europe. Not any more

The relationship of unequals has seen both Beijing and Moscow wrongfooted by the crisis

Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv. The retailer is characterizing the deal as more of an R&D type of acquisition and not one that will have an immediate consumer-facing impact. Deal terms were not disclosed, but we understand the deal […]

Group says virus will hit restructuring, while private equity seeks to offload risk

Government loans a start but not the end; Pendragon takes a pop at Lookers; insurers and honey badgers