‘Chilling effect’ spreads to European asset managers over climate even as risks rise
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European leaders vow to stick to Paris climate agreement despite Trump withdrawal
Various European leaders reacted to President Donald Trump's withdrawal from the Paris Agreement saying that they will stick to the landmark Paris climate agreement even though the United States ...ABC News - 11h -
Generali and Natixis Ink Asset-Management Joint Venture
Generali and the owner of France’s Natixis Investment Managers agreed to jointly create a European asset manager overlooking nearly $2 trillion.The Wall Street Journal - 15h -
A top 10 fund manager with $2 trillion in assets is being created. ‘The bigger, the better,’ says analyst.
Generali and Natixis are planning to merge to create the ninth-largest investment manager in the world by assets under management, the companies said Tuesday.MarketWatch - 15h -
Get ready for an even bigger chill. Siberian air to make Trump swearing-in coldest in 40 years
The vast majority of Americans are about to get an extended taste of frigid Siberian weatherABC News - 5d -
Asset managers turn to defensive positioning as equity prices soar
Elevated level of stocks and prospect of higher for longer rates have some firms sending up caution flaresFinancial Times - Jan. 13 -
Barcelona uses its tourist tax to tackle the effects of climate change
Barcelona is one of the most visited cities in Europe. A small fee charged to visitors is helping the city address climate change.CBS News - Jan. 11 -
The risk of nuclear war continues to rise
As the world became more dangerous in 2024, the use of its most dangerous weapons has become more likely.The Hill - Jan. 9 -
Meloni’s European moment risks falling flat
Italy’s most successful premiers on the EU stage tend to be technocrats not professional politiciansFinancial Times - Jan. 8 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7
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FirstFT: Taiwan lawmakers risk provoking Trump’s ire with defence funds freeze
Also in today’s newsletter, Huawei challenges Nvidia’s AI chip dominance in China, and US president threatens to trigger a global tax fightFinancial Times - 2h -
Labour needs to compromise on employment rights
Raising both UK payroll costs and worker protections is a deterrent to hiringFinancial Times - 6h -
UK to launch digital driving licences to boost growth
New app will also include documents showing criminal record checks and proof of eligibility for state benefitsFinancial Times - 6h -
Israeli military chief resigns
Herzi Halevi’s departure over failure to protect country from Hamas attack triggers politically charged battle for controlFinancial Times - 9h -
Trump’s first day: tariff threats and a flurry of executive orders
Also in today’s newsletter, the competing factions of the Republican partyFinancial Times - 10h
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Dozens killed in fire at ski resort in Turkey
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'A living hell': Sudanese women face rape and abuse in Libya
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Bishop calls on Trump to ‘have mercy’ on migrants and LGBTQ+ people
Right Rev Mariann Budde’s appeal amounts to bold public criticism and prompts frosty response from US president. In an inaugural prayer service sermon, the Episcopal bishop of Washington appealed ...The Guardian - 44m -
Colombians flee to Venezuela as clashes between rebel groups escalate in coca-rich border region
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Trump Pushes for Early Renegotiation of U.S. Trade Deal With Mexico, Canada
President Trump is using the threat of stiff tariffs on goods from Canada and Mexico to pressure the two nations to start renegotiating a continental trade deal.The Wall Street Journal - 1h