Questions about the future of fossil fuels are putting new pressure on companies and financial institutions. How are they responding and should they be doing more? Pilita Clark talks to Huw van Steenis, chair of the sustainable finance committee at UBS and a former adviser to Bank of England governor, Mark Carney, and Billy Nauman, reporter for the FT’s Moral Money. 

Contributors: Huw van Steenis, chair of the sustainable finance committee at UBS, Pilita Clark, business columnist and Billy Nauman, reporter and producer, moral money. Producer: Persis Love. Photo credit: Saul Loeb/AFP/Getty

See acast.com/privacy for privacy and opt-out information.

EY highlights significance of litigation finance company’s action against Argentine oil group

Federal Trade Commission votes 3-2 to approve tie-up between makers of Botox and Humira

The wide variety of Covid-19 symptoms seen by doctors is confounding the scientific community

One of the first large acquisitions to be agreed since coronavirus pandemic rocked global markets

Shutdowns likely to shift energy use from fossil fuels towards wind and solar

Suffolk residents cry foul as French group seeks to continue process despite lockdown  

The website this week notched up 240m unique visitors

Pandemic combined with collapsing oil prices spells real hardship

New workers could suffer the scarring effects of lockdown for decades

Dutch bank was forced to close out positions at substantial loss

Filing opens door to potential sale of half of Virgin Group’s holding in space venture

European equities slip after ECB launches fresh push to bolster region’s banking system

Central bank support and rising hopes for economic reopening spark April rally

ISAL facility remains unprofitable as aluminium producers face weaker demand and prices

Chunk of assets already pledged as collateral could complicate efforts to secure fresh debt

Virgin Atlantic could be followed by British Airways in abandoning UK’s second-biggest gateway

Priority status as grid suppliers helps Orsted and Iberdrola weather drop in demand

Companies analysis from our sister publication

Benin crossing has been shut for three months, halting trade on vital frontier

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft

Investors fret over the level of economic stimulus Washington is likely to provide

Trading restrictions did not work in the past; there is less reason for them to work this time

S&P 500 records fourth gain in five sessions, despite new leg down for oil prices

Scale of unemployment underscores urgency of additional emergency relief funds

FCA warns failure to act could count against provider’s regulatory record

Hiscox expects $150m of claims while Beazley expects to pay out $170m

Provider cites coronavirus market turmoil for uncertainty over valuations

Down in Tennessee, parrots panic as the sun disappears

Yoox-Net-a-Porter and Paul Smith join list of brands that have suspended ecommerce sales

Retailers are still replenishing stocks after panic buying ahead of coronavirus lockdowns

Personal care group boosted by stockpiling frenzy ahead of lockdown

Consumer goods group missed its moment but there is much to keep investors onside

Medical community warns of dangers from use of cleaning agent as internal treatment

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation

Investors say ‘astounding’ number of unemployment claims in US had been priced into markets

Settlement house delays payout and project to let small shareholders cash out

PMI rises to 8-month high on reduced uncertainty but downturn continues

Properties changing hands for tens of thousands less than market value

Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus

Move comes amid escalating political row with London’s mayor over coronavirus risks

Companies with strong balance sheets are best placed for post-crisis rebuild

Lockdown threatens UK’s push to tackle national housing shortage

The UK is being belligerent, the EU inflexible. But a deal can be done this year

It is an illusion to see victory for the former US vice-president as a geopolitical calendar reset

Latest proposal accused of being misleading over environmental risk

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

For some analysts the industrial metal looks cheap, even given the Covid-19 slowdown

Two experts debate whether shift to low carbon can push forward amid economic stress

James Max, the FT columnist, takes questions from readers about the misery of household chores