Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and
2023-05-25 18:28
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51
Yandex to Offer Investors Choice of Russian or Foreign Assets
Investors in Yandex NV will get to choose whether to keep a stake in the company’s profitable Russian
2023-05-25 17:50
Chinese Hackers Targeting US, Guam Aim to Disrupt Communications, Microsoft Says
A Chinese state-sponsored hacking group has stealthily gained access to infrastructure organizations in Guam and elsewhere in the
2023-05-25 17:45
Wanda in Talks to Refinance $275 Million Private Debt Facility
Chinese conglomerate Dalian Wanda Group Co. is in discussions with lenders to refinance a $275 million private debt
2023-05-25 17:23
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:22
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:49
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:28
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:27
Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro
A Montenegrin court revoked a bail application from former crypto mogul and Terraform Labs co-founder Do Kwon, keeping
2023-05-25 16:15
China Stocks Rout Extends as Traders Rush to Sell Before Holiday
Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings
2023-05-25 14:57
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:57