European stocks rallied on Thursday morning after German inflation came in lower than expected.The benchmark Stoxx 600 rose 0.8 per cent and Germany’s Dax climbed 1.3 per cent. Inflation in the eurozone’s largest economy in January showed a 9.2 per cent rise year on year,…

What’s in a name? Would a bundle of financial securities that represent the fractional ownership of some companies by any other moniker perform as sweetly? Apparently not.People increasingly categorise equities not just by sector or country, but according to “factors” — basically what stock market…

Good morning. In the streaming wars, news from the front. Last night Disney announced a restructuring, including a $5.5bn costs savings target and 7,000 planned job cuts (about 3 per cent of its workforce). Bob Iger, called back from retirement for a second stint as…

Global index provider MSCI is set to change its weightings for Adani Group stocks after reviewing how many shares can be freely traded, in a further setback for the Indian conglomerate reeling from fraud allegations.MSCI said “certain investors” in Adani Group “should no longer be…

Emerging market and Europe-focused equity exchange traded funds both enjoyed their highest monthly net inflows for a year in January even as US equity ETFs suffered their first outflow since April 2022.The flows, recorded in data from BlackRock, reflect a tentative reversal in global stock…

In January, I walked up the front steps of a single-storey, grey-shingled house in a neighbourhood on the fringe of Stanford University. The moment I pressed the video doorbell, I heard Sam Bankman-Fried’s voice calling from inside. “I’ll get it!” His father got to the…