Odey Suspends Flagship Hedge Fund After Redemption Pressure
Odey Asset Management has suspended its flagship hedge fund after being hit by redemption requests from investors fleeing
2023-06-27 03:25
FTX’s New Management Recovers $7 Billion in ‘Substantial Progress’
Sam Bankman-Fried’s crypto conglomerate made “false statements” to banks about accounts commingling customer funds and fired an employee
2023-06-27 03:23
Billionaire Robert Smith’s Vista More Than Doubles Bet on Apptio
Buyout titan Robert Smith’s Vista Equity Partners more than doubled its initial investment in Apptio Inc. after International
2023-06-27 02:29
Trafigura Cuts Mexico Oil-Trader Jobs as Policies Crimp Margins
Trafigura Group is cutting oil-trader positions in Mexico as the government’s nationalist policies squeeze its profit margins. Five
2023-06-27 01:58
Cathie Wood’s ARK Says It’s First in Line for Spot-Bitcoin ETF
Cathie Wood’s ARK Investment Management says it’s first in line to get potential approval for a spot-Bitcoin ETF,
2023-06-27 01:54
Europe Gas Declines as Traders Weigh Fallout of Russia Mutiny
European natural gas fell, reversing an earlier gain, as traders assessed whether a short-lived rebellion in Russia would
2023-06-27 00:58
Germany Eyes Critical Materials Fund of as Much as $1.1 Billion
Germany plans to set up a state fund worth between €500 million and €1 billion ($546 million to
2023-06-27 00:15
Supreme Court Rejects Lawsuit Accusing Google of Stealing Millions of Song Lyrics
The US Supreme Court refused to revive a lawsuit by music website Genius Media Group Inc. accusing Alphabet
2023-06-26 21:58
Casino Says It Needs Equity Boost of at Least €900 Million
Casino Guichard-Perrachon SA said it will need an equity boost of €900 million ($981 million) or more and
2023-06-26 17:47
Japan Unveils $6 Billion Deal to Buy Out Chip Linchpin JSR
Japan’s government unveiled a $6.3 billion deal to buy out and privatize JSR Corp., taking direct control of
2023-06-26 17:25
ECB Officials Gather in Sintra Amid Strain Over Hiking Journey’s Last Mile
European Central Bank officials sparring over when to conclude their historic bout of interest-rate increases will get vital
2023-06-26 16:58
SBB Enters Exclusive Talks to Sell Stake in Property Portfolio
Sweden’s Samhallsbyggnadsbolaget i Norden AB has entered into exclusive discussions with Brookfield Asset Management to sell its remaining
2023-06-26 14:58