Citigroup unveils plan to power active ETF surge in Europe

The US bank plans to capitalise on its wide range of in-house services with white-label platform

World - Financial Times - October 24

JPMorgan launches European version of JEPI, the largest active ETF

The manager has also launched JEPQ, another active US equity income ETF that has been hugely successful in the US

World - Financial Times - November 11

ETFs are becoming an active choice for UK investors

Globally, actively managed ETFs have captured a quarter of flows

World - Financial Times - November 14

Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.

The future could see more megamergers, middle-market deals and initial public offerings.

Business - MarketWatch - November 13

Homebuilder deal activity is surging, fueled by major Japanese buyers

Strong demand for new housing has smaller builders ripe for takeover. The Japanese are big players because their cost of capital is low.

Business - CNBC - November 13

Suzuki Motor unveils battery EV e VITARA in Europe

World - Yahoo News - November 5

Intesa Sanpaolo unveils plans to cut 9,000 jobs

Italy’s largest bank wants to reduce costs by accelerating its digital transformation

Business - Financial Times - October 23

Indivisible unveils action plan for second term

A progressive group has unveiled an action plan for revving up political organizing on the left and resisting former President Trump’s agenda during his second term. “If there's one universally ...

Politics - The Hill - 3 days ago

New plans unveiled for early prisoner release

The Scottish government is proposing to lower the minimum term served by prisoners who are on short sentences.

Cathie Wood’s ETFs sell Tesla’s stock, after another earnings-related surge

Cathie Wood’s ETFs used Tesla’s blowout earnings report to trim their stakes, just like they did in July after blowout deliveries data

Business - MarketWatch - October 25

Muslims in Europe experiencing ‘worrying surge’ in racism, survey finds

‘Dehumanising rhetoric’ blamed as almost half of respondents say they recently suffered discrimination. Muslims across Europe are grappling with a “worrying surge” of racism that is being fuelled ...

World - The Guardian - October 24

Biden unveils new student debt plan for people with financial hardships

President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

Manufacturing activity surges in New York region to highest level in nearly three years

The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, surged 43.1 points in November to 31.2, the regional Fed bank said Friday. It ...

Business - MarketWatch - 6 days ago

Inflation is going higher, this market strategist says. Here’s his master ETF plan to profit from it.

Hedgeye’s Keith McCullough is long gold, utilities, real estate and emerging markets ETFs.

Business - MarketWatch - November 2

Europe takes a deep breath as Trump beats a path back to power

Also in this newsletter: Germany arrests AfD member and others over alleged Nazi-inspired plot

World - Financial Times - November 6

Hurricane Trump will blow Europe’s wind power recovery off course

Lack of clarity about US president-elect’s plans means confusion over the outlook for new projects and turbine orders

World - Financial Times - November 6

McMichael, Ovechkin power surging Capitals past Blue Jackets 7-2

Connor McMichael struck twice, Alex Ovechkin scored his 859th career goal and the Washington Capitals defeated the Columbus Blue Jackets 7-2 on Saturday night

Sports - ABC News - November 2

Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts

Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.

Business - The Wall Street Journal - November 5

Ford plans to cut 4,000 jobs in Europe, including 2,900 in Germany

World - Yahoo News - Yesterday

Netflix says ad-supported plan now has 70 million monthly active users

The company said more than half of new sign-ups in countries where Netflix offers ads are for the cheaper ad-subscription tier.

Entertainment - Los Angeles Times - November 12

HSBC shares surge on another $3 billion buyback plan and earnings beat

HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.

Business - MarketWatch - October 29

Biden admin is planning for a possible migrant surge before Trump takes office

The Biden administration is making contingency plans for a possible spike in immigration ahead of a Trump presidency, according to two U.S. officials.

AI boom thrusts Europe between power-hungry data centers and environmental goals

The growth in demand for AI could come at a cost to Europe's decarbonization goals as the specialized chips used by firms like Nvidia are expected to result in a rise in energy use of already ...

Business - CNBC - October 29

Meta’s plan for nuclear-powered AI data centre thwarted by rare bees

Environmental issue disrupts search for energy deals amid a Big Tech race over artificial intelligence

Business - Financial Times - November 4

Green energy plan needs 600 miles of power lines - report

Energy planners say Labour's 2030 electricity net zero target is "achievable" but a "huge challenge".

White supremacist planned to blow up power site, feds say

Skyler Philippi, 24, has been charged with attempting to use a weapon of mass destruction and attempting to destroy an energy facility.

Biden administration sets out plan to triple nuclear power capacity

The Biden administration on Tuesday released a roadmap for plans to triple U.S. nuclear capacity by the middle of the century. The plan sets a goal of 200 gigawatts of new capacity by 2050, more ...

Politics - The Hill - November 12

NASCAR Power Rankings: Tyler Reddick surges ahead after rising to the occasion at Homestead-Miami

Reddick is nearly at the top of the Power Rankings after taking a Championship 4 spot in epic fashion

Sports - CBS Sports - October 29

NHL Star Power Index: Kyle Connor leading surging Jets, Nico Hischier is scoring at will for Devils

Golden Knights defenseman Alex Pietrangelo has also been one of the most productive player at his position

Sports - CBS Sports - November 1

NHL Power Rankings: Martin Necas leads surging Hurricanes on seven-game win streak; Lightning tumble

The Hurricanes are the class of the NHL right now

Sports - CBS Sports - November 6

College Football Power Rankings: Ole Miss surges after marquee win, Miami plummets after first loss

This week's Power Rankings saw quite the shakeup after a wild Week 11 slate

Sports - CBS Sports - November 11

Group of Five Power Rankings: Notre Dame-Army highlights make-or-break weekend, surging Colorado State arrives

A look at the hottest Group of Five teams across college football heading into Week 13

Sports - CBS Sports - 6 hours ago

Chinese automaker unveils plans for flying vehicle that could change the way we think about cars — here's what we know

World - Yahoo News - November 8

MTV Europe awards: Rita Ora returns as Le Sserafim make UK debut

All you need to know about the performers and nominees as MTV's Europe Music Awards return to the UK.

German opposition leader plans climate action reverse and immigration controls as Scholz paves way for election – Europe live

German chancellor confirms vote of confidence date, giving path to 23 February election, as Friedrich Merz attempts to create distance between parties. The German parliament is bracing itself for ...

World - The Guardian - November 13

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