Move by UK group will put pressure on other insurers to follow suit 

Pandemic could dwarf other disasters such as Hurricane Katrina, John Neal says

Cutting tuition fees is no longer realistic, but there are other ways to better support vital courses

Some families of medics who die in service will receive higher payouts than others under current rules

Judicial review sought over alleged breach of 2015 law, claiming cost benefits should go to scheme members

She turned the agency into a diplomatic and moral force

British handbag maker’s value has plummeted 85% in past two years as turnround plan stalls

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

Harsher medicine this time round would put asset prices on a better long-term footing

Middle East building downturn that began in 2015 shows little sign of abating

Arguments for authoritarianism and against democracy will be made with increased boldness

The pushback against globalisation will come from protectionists, national-security hawks and greens

Several long-running conflicts are edging towards a temporary halt to hostilities

Deka Investment urges chairman to act quickly to end crisis of confidence in payments group after special audit

Combination of O2 and Virgin Media set to transform British telecoms market

O2 and Virgin Media’s £31bn merger is one of the biggest examples of virtual dealmaking during pandemic

Railroad commissioner had called for using decades-old state rules to reduce output

World’s biggest gold miner reaps rewards of pandemic price effect and Goldcorp acquisition

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

Developers of clean energy projects defy wider turmoil in the global energy markets

North Dakota’s oil sector has ‘never been through a downturn like this’

Whether we like it or not, spending on arms and security will rise in the next few years 

Forbearance and federal support programmes disguise how badly Americans have been hit

Mauricio Leyva to advise German family company on expanding beverages arm

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

Activist investor has almost quadrupled his stake in battered US oil producer

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

Cheap shale gas has fed an investment boom in products that often end up as waste. Has the petrochemicals industry miscalculated?

Facebook has a new connectivity app called Discover to help those who can’t afford to get online access information on the web. The service, available through mobile web and Android app, allows users to visit any website in text format (no video, images, audio and other elements that eat up large amounts of data) and […]

A big changing of the guard is underway at one of the world’s biggest and iconic names in telecoms and media: AT&T today announced that Randall Stephenson will be stepping down as the chairman and CEO of the telco, and he will be replaced by John Stankey, currently the COO. The change is effective on […]

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, and five years later, in the middle of a health pandemic with related threats of a global economic depression looming over us, […]

With unemployment growing at a worrying rate, we’re seeing a lot more people finding themselves in hot water when it comes to their finances. Today a startup that’s built a platform to help identify and help those users when they find themselves unable to make payments is announcing a very large growth round of funding […]

The idea of dropping bank notes from planes to stimulate inflation will be forever associated with Federal Reserve chairman Ben Bernanke

HMRC has sent an email saying that my tax code has changed

Democratic politics functions on the premise that accountability improves outcomes

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 […]

Look at the numbers and you can see how much age matters when it comes to wealth

You might not like the thought of paying tax on your pension contributions — but it’s coming 

We may have passed peak uncertainty and there is definitely a reason to start buying again — carefully

A large problem remains: Washington does not know what it is trying to achieve

There is a major change ahead for LinkedIn, the social network for the working world, now with 675 million members. Jeff Weiner, who has been leading the company as CEO for the past 11 years, is stepping down on June 1, 2020. His new role will be executive chairman. Ryan Roslansky, who is currently head […]

The tech industry is mobilizing its considerable resources to attempt to support efforts against the growing global coronavirus pandemic. Over the weekend, the CEOs of Amazon, Apple and Microsoft all shared updates regarding some aspects of their company’s ongoing contributions, which range from donations of medical supplies and personal protective equipment (PPE) for frontline healthcare […]

Amazon is in hot water with a powerful congressional committee interested in the company’s potentially anticompetitive business practices. In a bipartisan letter sent Friday to Jeff Bezos, the House Judiciary committee demanded that the Amazon CEO explain discrepancies between his own prior statements and recent reporting from The Wall Street Journal. Specifically, the letter addressed […]

Facebook has a new connectivity app called Discover to help those who can’t afford to get online access information on the web. The service, available through mobile web and Android app, allows users to visit any website in text format (no video, images, audio and other elements that eat up large amounts of data) and […]

Tech Scroll Asia, your guide to the billions made and lost in Asia tech

Charles Li will not seek reappointment when contract expires in October 2021

Every year, our Japanese-language sister site throws a big Disrupt-like event in Tokyo where there is, of course, a Battlefield between about 10 different startups. With north of 100 million Internet users, Japan has a considerable domestic market. While Western companies have had more success in Japan than in mainland China, the national startup scene still has tons […]

“Capitalists both in the Old World and the States, even now, have but little faith in California. They regard this country and everything relating to it as one grand bubble, liable to burst at any moment…. This is how it should be. The wealth of California is thereby passing into the hands of young, active, […]

Hopefully, its defeat will show the worth of intelligent and honest government

Let's take a look at why the SaaS cohort is the apple of Wall Street's eye.