Chesapeake bankruptcy seen as turning point for oil industry

Analysts predict more struggling shale energy firms could fold or be bought up by rivals

Wirecard asset freeze leaves vulnerable people without cash

Banking app customers and charities that use prepaid cards unable to access funds for three days

Orwell prize nominee Aditya Chakrabortty: ‘Don’t do what everyone else is doing’

The Guardian’s senior economics commentator reflects on challenges as a columnist at the Guardian and what he thinks sets the media organisation and its journalists apart

HSBC resumes plan to cut 35,000 jobs worldwide

UK-listed bank had paused the redundancies as coronavirus pandemic worsened

US stocks fall as investors fret over rising Covid-19 cases – as it happened

Rolling coverage of the latest financial and economic news, as investors reacted to another rise in Covid-19 cases in the US

Wirecard UK ordered to freeze customer funds by finance regulator

FCA says its main aim is to protect consumers who use the scandal-hit payment service

Staycation holiday scams soar, banking trade body warns

UK Finance reports surge in fake listings and refund scams for trips cancelled due to Covid-19

Ministers should check their post – Royal Mail’s problems are stacking up

Vital restructuring is stalled, it’s at war with the CWU union and the business is losing £1m a day

Wirecard files for insolvency amid German accounting scandal

Move comes after former CEO at payments firm held on suspicion of falsifying accounts

‘You can’t pay cash here’: how our newly cashless society harms the most vulnerable

Retailers and banks have been pushing us to use contactless payments and online services for hygiene reasons. But many older, abused and unbanked people still depend on cash. What will happen to them?

‘Virtually no demand’ for coins in Covid-19 era as Australia’s shift from cash to digital hastens

As a result of the trend, the Royal Australian Mint and the Reserve Bank are considering producing less physical money

UK firms urged to examine slavery links and ‘eradicate racism’

Call from CBI follows reparation efforts by Greene King and Lloyd’s of London

Barclays, HSBC and Lloyds among UK banks that had links to slavery

Many bank directors received compensation after slavery was made illegal in 1833

Bank praised by Boris Johnson had slavery links, data shows

Arbuthnot Latham founder owned hundreds of people and received payout when trade was abolished, UCL says

City watchdog fines Commerzbank £38m for money-laundering failings

FCA says German lender had out-of-control system for checking clients despite warnings