Bloomberg The Labour Party’s Brexit spokesman Keir Starmer said he’s running to replace Jeremy Corbyn as leader following its worst electoral defeat since 1935. Starmer, 57, is the early front-runner according to a YouGov poll of Labour party members published on January 2. He’s on 36%, comfortably ahead of business spokeswoman Rebecca Long Bailey with Jess Phillips in third. “I ...

Bloomberg High-beta stocks, occupants of the market’s frenetic edge, were the names everyone wanted to own in the fourth quarter, when they rallied on signs of peace. Saviours of active funds, the high-beta group — defined as companies that do a little better or a little worse than standard benchmarks — annihilated all comers over the last three months of ...

Bloomberg The dollar had an awful December and things may only get worse. That’s the view of a growing number of fund managers and strategists including those at M&G Investments Ltd, Brandywine Global Investment Management and ABN Amro Bank NV. A truce in the US-China trade war, improving global growth and a shrinking yield premium on US Treasuries will undermine ...