UK insurers bow to regulatory pressure but L&G has said it would push ahead with payout

Cancelling payouts should not become a loyalty test

Almost half of British companies have scrapped payouts in response to coronavirus

Insurers have been urged by regulators to reconsider shareholder payments during lockdown

£3.5bn worth of dividend payments cancelled this week 

FT survey estimates that 1 in 10 employers with defined benefit schemes may look to suspend payments

Industry regulator calls for vigilance over actions of employers during pandemic

Companies have option to unshackle themselves from expensive payouts

Master of disguise who plotted the ‘Argo’ escape from Iran

Energy sector leads US S&P 500 to 2.3% gain   

US stocks shake off loan loss warnings from country’s largest banks

Andrew Edgecliffe-Johnson, Hannah Kuchler and Gideon Rachman assess the next stage of the coronavirus crisis

Activist investor sought to take control of strategy at French group led by Arnaud Lagardère

Alternative providers fear it will harm competition in market for loans to small business

Union Investment says new outside executives are needed to move the company on after special audit

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

Turmoil in commodity market slashes state colleges’ revenues

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

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

In our increasingly cashless society, parents are turning to apps and payment cards designed for youngsters

Take advantage of tax allowances available despite the turmoil

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

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Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]

Your guide to the investment and business revolution you can’t afford to ignore

As US health workers suffer from inadequate protection, there are signs of a shifting world order

Gillian Tett on how to assess risk in the age of coronavirus

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. […]

As coronavirus-hit financial markets continue to flip-flop in the wake of bad news followed by pockets of hope, a startup that aims to introduce ordinary consumers to investing has raised a big round of funding. New York-based Stash, which provides a mobile-first route to managing money through investment — as well as retirement, custodial and […]

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 Nasdaq 100 is at its highest relative level since the technology bubble

Voters will not tolerate another NHS winter flu crisis with too few medical staff

Those with the fewest rights are least able to demand a safe workplace

A stay-at-home order for several San Francisco Bay Area counties will be extended through the end of May due to the COVID-19 pandemic, a decision that affects 7 million residents and thousands of businesses. The Public Health Officers of the Counties of Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara as well […]

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]

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

The thrust of the UK chancellor’s Budget is welcome. Yet it will not transform prospects in the near term

It seems foolish to imagine the UK will swiftly return to life as it was before Covid-19

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 […]

Apple is said to be developing its own competitors to popular over-ear noise-cancelling headphones like those made by Bose and Sony, Bloomberg reports, but with similar technology on board to that used in the AirPod and AirPod Pro lines. These headphones would also include a design with interchangeable parts that would allow some modification with […]

The Mendel Air Sensor app is the first app I open every morning. Before Reddit, before Gmail, before NYT. I roll over, grab my phone and check my plants. I don’t know if there’s a higher honor I can bestow on an app. The Mendel Air Sensor is a game-changer for indoor growers. It offers […]

Sound industry leader Rode has done an amazing job keeping up with the needs of the fast-moving creator industry, supporting YouTubers, podcasters and Instagram and Tik Tok media mavens with a host of new products at impressive price points. The Rode Wireless GO mic system might be the most impressive of these, taking the quality […]

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]

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

Vice-chairman Lee Jae-yong’s claim that family will release control over tech giant met with scepticism

Coronavirus has added months to game console’s lifespan, but not years

Jump in downloads helps Japanese video game group score 41% rise in profit

Investment in Reliance tech and telecoms division follows Facebook and Silver Lake agreements

For the most part, its unravelling ought to be of deep concern. But we need a new social compact