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Stoxx 600 and Xetra Dax advance as latest Pfizer and BioNTech news provides cheer
“It’s expensive on what we know, and cheap on what we don’t.”
Closures outstrip launches for the first time in nearly two decades
Groups including CanSino look to developing markets to gain edge
To buy something for less than it is worth is as useful as ever
EM equities and currencies cited as favourite trades in monthly survey
Equity markets in Europe also decline as lockdowns weigh on investor sentiment
Group’s admission will cause ruckus that low-profile index compilers may prefer to avoid
Dominant duo power ahead as allure of active equity managers fades
‘Astounding’ switch into unloved industries breaks records
Billionaire investor’s Berkshire Hathaway put $5.7bn into four US pharma stocks in Q3
Elon Musk’s electric carmaker may be too big to add all in one go, index provider says
Eyeing path to pandemic’s end, investors chase travel, energy and financial stocks higher
ASX says problem will be resolved in time for trading to resume on Tuesday
Market Questions is the FT’s guide to the week ahead
Firepower boosts equity markets on back of Covid-19 vaccine breakthrough
Strategists say uncertainty has reduced, but lockdowns complicate the picture
Breakthrough in fight against Covid-19 caused ‘unprecedented’ rotation in stocks
Covid-19 vaccine breakthrough prompts shift in investor portfolios towards cyclical companies
Optimism for dealing with pandemic next year trumps rising infection numbers
Colonial era conglomerate’s replacement by Chinese delivery app marks shift to mainland
Businesses return £400m to government but others keep support money despite making investor payouts
Trump executive order poses compliance challenge for fund managers
Pfizer chief’s explanation for selling $5.6m of shares on the day of the vaccine news does not wash
FT analysis shows backers of cash shells earn billions in what Ackman calls ‘one of the greatest gigs’
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