Author: Press Room

Stay informed with free updatesSimply sign up to the ESG investing myFT Digest — delivered directly to your inbox.Investors pulled a record amount from “sustainable” funds in the first quarter of the year, in an early sign that the US backlash against environmental, social and governance-based investing is going global.While US investors cut their exposure to sustainable mutual and exchange traded funds for a 10th straight quarter, Europeans were net sellers for the first time on record in data going back to 2018, pulling out $1.2bn, according to data from Morningstar.With Asian investors also cutting exposure, the $8.6bn of net…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In a break during a tense 2009 Citigroup board meeting, one of Wall Street’s more influential figures Robert Rubin approached the firm’s outside investment banking adviser, Scott Bok.Former US Treasury secretary Rubin, at that time a Citi executive, told Bok he knew his father, mistakenly presuming he was the son of Derek Bok, the esteemed scholar and former president of Harvard University. The origins of the banker’s father were far more humble — a Midwestern high school dropout, he supported his family…

NEWYou can now listen to Fox News articles! Shedeur Sanders suffered one of the most dramatic NFL Draft slides of any top quarterback prospect in recent history on Thursday night. Sanders, who was projected by some to be the No. 1 overall pick in this year’s draft after the college football season, fell completely out of the first round and remains undrafted going into day two. The former University of Colorado star admitted that he and his family “did not expect” what occurred on Thursday night, in footage posted by his brother Deion Sanders Jr. Still, the quarterback appears to be keeping…

NewsFeedIsraeli forces in the occupied West Bank have installed metal gates cutting off the Jenin refugee camp from the rest of the city. The Israeli military has been conducting intensive raids in the camp for months.Published On 25 Apr 202525 Apr 2025

Molly McGovern, the daughter of Rep. Jim McGovern, died unexpectedly while on a trip in Italy, the Massachusetts congressman’s office said Thursday. She was 23 years old.The high-ranking Democrat from Worcester said his daughter was battling a rare form of cancer and just finished a semester studying abroad in Australia.”Even as she faced a rare cancer diagnosis, she did so with relentless courage, optimism, and tenacity—refusing to let her illness slow her down,” McGovern said in a statement. “She passed away unexpectedly in Italy while visiting a good friend and his family.”McGovern has previously posted photos and videos that showed…

It appears T. Rowe Price is benefitting from the record growth in actively managed exchange traded funds.Tim Coyne, the firm’s head of ETFs, reports the firm is seeing significant growth in the area — listing the T. Rowe Price Capital Appreciation Equity ETF (TCAF) and T. Rowe Price U.S. Equity Research ETF (TSPA) as two established strategies that can satisfy investor demand.”I think having that professionally managed portfolio is really beneficial to clients,” Coyne told CNBC’s “ETF Edge” this week. “We’re seeing just… greater volatility [and] uncertainty across both the equity and fixed income markets.”According to Coyne, the T. Rowe Price…

One of the nation’s most elite liberal arts schools, Amherst College has historically also been one of its most diverse. In 2023, federal data revealed that its overall Black enrollment, 11 percent of the student body, far outstripped many other similar institutions. So it was particularly jarring to the Amherst community last fall when data for the entering freshman class revealed that only 3 percent of its members were Black.Quincy Smith, an art major, joined one of the most diverse classes in Amherst history in 2022 and said gatherings of Black students feel different now: “There’s less engagement, fewer people…

Global News put the following question to the major parties seeking to form Canada’s next government: If elected, how do you intend to confront the threat to national security, Middle East stability and human rights posed by the Iranian regime? Here are their responses in the order received. Conservative Party of Canada Conservatives stand with the long-suffering people of Iran, who have been long-oppressed by the regime in Tehran. Story continues below advertisement Unlike the Liberals who came to office promising to re-establish diplomatic relations with Tehran and who took years to list the IRGC as a terrorist entity, Conservatives…

A 17-year-old has recalled the nightmare moment she was struck by lightning while scrolling Tiktok.

Apple plans to shift the assembly of all iPhones sold in the United States to India as early as next year, pivoting away from China to avoid steep tariffs, the Financial Times reported, citing people familiar with the matter. The company did not immediately respond to a Reuters request for comment. US President Donald Trump’s trade war is pushing tech companies to diversify their supply chains. Apple is positioning India to play a key role in its manufacturing strategy, even though its suppliers in the country currently produce only a small share of iPhones sold globally. Analysts had previously warned…