Passive eclipses active in US fund market as assets swell to $13.3tn
Milestone comes after decades of growth in index investment products
Milestone comes after decades of growth in index investment products
Urban areas must rapidly become more resilient to rising temperatures
Second reprimand in two months comes as PM warns House of Lords not to frustrate ‘will of people’ over Rwanda bill
Helped by low domestic interest rates, Sekisui is the latest Japanese company to strike a cross-border deal
Ministers plan for bill-payers to continue paying levy beyond 2027 deadline despite criticism from green campaigners
Port Talbot steel plant to bear brunt of job losses as part of Indian owner’s transition to greener form of steelmaking
Jeremy Hunt holds open possibility of two Budgets before next national vote
Bosch to axe 1,200 roles by the end of 2026, while ZF is reviewing staff levels
Law will in effect ban sales of almost all new diesel trucks in the bloc by 2040
Merck Mercuriadis in battle to stay on at investment trust that owns thousands of songs
Live-updating state of the parties polling ahead of the general election
Legislation triggers extra walkouts in February by rail workers on LNER line from London to Edinburgh
Also in this week’s newsletter, the unintended consequences of Brexit on migration
Fade to Grayscale
The inclusive vision for the technology put forward by will.i.am makes a nice change
Minutes show policymakers decided to push back against market expectations of early loosening
Murray Auchincloss must narrow company’s valuation gap and convince investors of its strategy
Decision is latest pushback against reform agenda of pro-EU prime minister
Chancellor and executives will meet next week as government looks to boost sector’s international standing
Adviser to EU’s top court finds flaws in commission’s appeal in case that could affect future decisions on pricing practices
Public sector workers demand pay rises in line with British counterparts
Shoppers’ brand affection does not guarantee a retailer’s success in other sectors
New committee follows mounting concern about extra powers accrued by watchdogs following Brexit
Financial policymakers say market’s success would be undermined by government plans to help small borrowers
Bank of England survey shows improved property market outlook as borrowing rates fall