JPMorgan to give $1.7bn in active ETFs a passive makeover
Latest news on ETFsVisit our ETF Hub to find out more and to explore our in-depth data and comparison toolsJPMorgan will give three actively managed ETFs with a combined $1.7bn...
UK social housing review exposes ‘shockingly poor’ homes
Urgent action is needed to address problems with England’ social housing, according to a wide-ranging review of the sector.Housing associations should undertake a comprehensive audit of all 2.5mn social homes...
100,000 newborn babies set to have their DNA fully decoded
One hundred thousand newborn babies in England will have their genomes sequenced, in a £105mn research programme that could pave the way for a full-scale neonatal screening plan to detect...
FTX founder Sam Bankman-Fried arrested in the Bahamas
Sam Bankman-Fried, the former chief executive of bankrupt crypto exchange FTX has been arrested in the Bahamas. The Bahamian attorney-general Ryan Pinder said the country’s police force had arrested the...
Live news updates: Global debt burden drops as inflation rises
Vítor Gaspar, director of the IMF’s fiscal affairs department, described 2021 as ‘a very unusual year’ © James Lawler Duggan/Reuters Global debt as a share of output fell by the...
FTX allowed trading affiliate Alameda to borrow unlimited funds
FTX allowed affiliated trading firm Alameda Research to borrow funds from the cryptocurrency exchange “without any effective limits”, according to its court-appointed chief executive, highlighting the depth of ties between...
Goldman Sachs considers hundreds of job cuts at consumer business
Goldman Sachs is considering making hundreds of job cuts at its consumer business after chief executive David Solomon unveiled plans to scale back its “Main Street” banking ambitions, according to...
Luka Modrić: the maestro driving Croatia into a second World Cup semi-final
Straight after Croatia beat Brazil on penalties, their 37-year-old captain Luka Modrić was consoling a Brazilian who had missed his kick: his Real Madrid teammate Rodrygo, 21. In March, Rodrygo...
Amgen/Horizon: swoop on rare disease specialist will push up debt load
Harried last minute shoppers tend to overspend in the run-up to Christmas. Amgen, the US biotech heavyweight, risks doing the same.The company is buying Ireland-based drugmaker Horizon Therapeutics for more...
Northern Ireland’s nurses strike as pay lags behind rest of the UK
Chris Toner, an emergency nurse at Northern Ireland’s biggest hospital, loves his vocation. But as NHS staff strike for better pay and conditions this week, he admits that he often...