ProShares notched up record inflows despite providing some of the worst-performing index trackers in the industry in 2022, as investors chased high returns in the most volatile markets.The ETF provider said it expected to set a new record for growth in 2022 with more than…

The stricken gas importer Uniper has announced the departure of its chief executive Klaus-Dieter Maubach, the biggest casualty of a management shake-up after a multibillion-euro bailout of the company by the German government.Maubach, who has served as chief since 2021, said it was “the right…

US greenhouse gas emissions rose again in 2022, putting the country further behind its targets under the Paris climate agreement despite the passage of sweeping clean energy legislation last year.Emissions increased by 1.3 per cent last year, according to preliminary estimates by environmental consultancy Rhodium…

London and Brussels have secured a breakthrough in the corrosive dispute over Northern Ireland’s post-Brexit trading relations, clearing the way for a new push to resolve the longstanding issue.After months of deadlock and acrimony, the UK and EU issued a joint statement yesterday proclaiming a…

TikTok is offering cheaper advertising rates than rival social media platforms as the fast-growing video app moves to grab a larger share of the digital ads market amid a slowdown in online spending. Advertisers, industry bodies and brands have told the Financial Times an increasing…

Two scoops to start: First, CVC-owned US public relations firm Teneo is set to deepen its footprint in the UK financial communications market on Tuesday with the purchase of smaller rival Tulchan. And second, US activist investor Jeff Ubben has taken a $500mn stake in…