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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

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Coronavirus: US deaths spike as fatalities spread outside NY — as it happened

Russia's coronavirus outbreak worsens and Federal Reserve research finds a correlation between deaths from the influenza pandemic in 1918-1920 and extremist voting in Germany in 1932 and 1933

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Coronavirus: NY Fed economists find hardest-hit states received fewer PPP loans — as it happened

The US private sector shed a record 20m jobs in April as coronavirus lockdowns and the resulting closure of non-essential businesses led to historic joblessness

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Coronavirus: US death toll tops 70,000 as New York fatalities top 20,000 — as it happened

BT halts dividend for first time since dot com bubble two decades ago, BA parent IAG warns of further cuts as recovery set to take three years and shoemaker Puma warns worse to come as profits halve in first quarter

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Coronavirus: Pence aide tests positive for Covid-19 — as it happened

Germany's dominant export sector in record decline, South Korea may be forced to close bars and nightclubs after partygoer is found to have infected at least 14 people

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Erik Fyrwald: Changing the image of the agrochemicals industry

Concerns over climate change led the chemicals veteran to dramatically transform Syngenta




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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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Frances Arnold on the directed evolution of enzymes

The Nobel laureate talks to Anjana Ahuja




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Huntsman sells chemicals units to Indorama for $2bn




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The worst deal of this M&A cycle?

Welcome to Due Diligence, the FT’s daily deals briefing




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Ineos acquires French football club Nice

Jim Ratcliffe-led chemicals group adds top-flight team to growing sports portfolio




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Farmers reap rewards of biological pest control

Concern over use of chemicals drives research into alternatives




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The end of China’s chemical romance

Welcome to Due Diligence, the FT’s daily deals briefing




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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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IFF/DuPont: an acquired taste

Projections suggest $300m in annual cost savings and $400m of revenue benefits




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IFF-DuPont $26bn deal bets on meatless future

US flavouring group seeks first-mover advantage with purchase of nutrition venture




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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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BASF warns of ‘significant impact’ from coronavirus

German chemicals group blames Brexit and trade tensions for earnings fall




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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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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




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Stocks of hand sanitiser ingredient run low in Europe

Products vital to combat coronavirus could become more expensive and scarce




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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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As Europe slowly unlocks, e-scooter startups, like Helbiz, are wooing with offers

At the start of the year, it looked like Europe would be in for a “Summer E-Scooters / E-Bike War,” as both regional startups and U.S.-backed unicorns vied for the pockets of city commuters. Consolidation came when German startup Circ was taken over by U.S. competitor Bird at the start of the year. Still on […]




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TechCrunch’s top 16 picks from Techstars April virtual demo days

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, […]




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Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as […]




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Banked picks up £2.35M seed to use open banking for account-to-account payments

Banked, a London-based fintech using open banking to enable account-to-account payments at checkout (and beyond), has raised £2.35 million in further seed funding. The round was led by Force Over Mass, with participation from previous investors Backed and Acrew Capital, along with a number of high-net-worth individuals, such as Paul Forster (co-founder of Indeed.com). It […]




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Vote for Europe’s hottest startups in The Europas Awards + workshops, pitches, networking

The Europas Awards — which have been recognising the hottest European tech startups in since 2009 — are now open for the public voting stage, prior to the formal judging process. The entries have been sorted and sifted by journalists to compile an editorially-driven ‘long list’ of some of Europe’s most exciting startups and investors. […]




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Kairn is a new task manager focused on speed

Meet Kairn, a new startup coming out of stealth today with a sneak peek of what the company has been working on. As Wunderlist shuts down, Kairn wants to prove that there’s still room for an innovative task-management service. “We’re building a task manager that is smart and focused on capturing tasks,” co-founder and CEO […]




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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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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 […]




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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’

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 […]




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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 […]




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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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Why wearing masks may be the way forward

While scientists disagree about their use, donning a mask can have an important social impact




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US rescue must be transparent, consistent and fast

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




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Short sellers circle virus sinners; Amazon’s looming shareholder battle; Businesses fight for prisoner releases

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




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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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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




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From balcony concerts to cyber drinks — the power of ritual in the corona age

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




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The Fed has cleared one big hurdle, but more loom

It will be hard to help worthy US companies without also aiding private equity




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US lawyers and insurers must face Covid-19 liability

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




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Disney’s pay furore; Robeco warns of green risk in tech; JPM, McDonald’s face ESG fight

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




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Lockdown fitness

No gym? No problem. This series from FT Globetrotter has tips, workout routines and reflections on staying active during the coronavirus crisis, including the best moves for small spaces, to indoor cycling and much more




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




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US stock market rally confuses liquidity with solvency

Many zombie companies will fail, no matter how much is sprayed around by the Fed




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Exclusive: Shake Shack CEO talks bailout failings; climate chaos ahead for mortgage market; EU green plans charge forward




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Public trust in CEOs ‘evaporates’; building back better with UK social housing; EM green bonds take off

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




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My pity package of Chinese face masks sends a bigger message

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