September 23, 2024

Category: Markets

Active ETFs set to hit tn in assets
 #NewsMarket
Markets

Active ETFs set to hit $1tn in assets #NewsMarket

CashNews.co Actively managed exchange traded funds are poised to hit $1tn in assets, cementing a dramatic transformation from a forgotten backwater to a key driver of global industry growth. The vehicles, which offer a cheaper rival to mutual funds that try to outperform indices, reached $974bn in assets as of the end of July, data […]

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Morgan Stanley renews efforts to regain stock trading crown
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Markets

Morgan Stanley renews efforts to regain stock trading crown #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Morgan Stanley has stepped up efforts to regain its traditional dominance in stock trading, a position it ceded to longtime rival Goldman Sachs in the wake of the 2021 implosion of Archegos Capital Management. […]

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Investors step up calls to cut use of antibiotics in food chain
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Markets

Investors step up calls to cut use of antibiotics in food chain #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors representing more than $13tn in combined assets have urged policymakers to help curb the spread of drug-resistant “superbugs” by cutting the excessive use of antibiotics in the food supply chain. Ahead of the […]

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Ovo profits rose 11-fold in wake of energy crisis
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Markets

Ovo profits rose 11-fold in wake of energy crisis #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK energy supplier Ovo Group increased its profits 11-fold last year, after the regulator intervened to allow companies to recoup rising costs in the wake of Russia’s invasion of Ukraine. Ovo Group, which owns […]

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Serbian protests escalate over proposed lithium mine
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Markets

Serbian protests escalate over proposed lithium mine #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Serbian activists gathered in their thousands in Belgrade to protest about a crackdown against resistance to a lithium mine, in a test of the government’s plans to boost the country’s economy. The rally on […]

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Some moderately cohesive thoughts on the UK’s economy
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Markets

Some moderately cohesive thoughts on the UK’s economy #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. But first, some brief comments on dynamic pricing. MainFT: UK ministers plan to probe the use of “dynamic” pricing that has forced up costs for thousands of music fans who struggled to secure tickets […]

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Nvidia valuation falls almost 0bn after earnings report
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Markets

Nvidia valuation falls almost $200bn after earnings report #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Nvidia fell more than 6 per cent on Thursday as the chipmaker’s latest earnings report failed to exceed Wall Street’s lofty expectations, despite revenue more than doubling in the last quarter. The […]

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Global supply chains can’t skirt China rare earths crackdown
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Markets

Global supply chains can’t skirt China rare earths crackdown #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Batteries, solar panels and nuclear weapons all have one material in common: antimony. As Beijing tightens its grip on rare-earth materials — seen as retaliation for growing trade restrictions and tariffs on Chinese-made products […]

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