Short Sellers Reap $13 Billion on Gaps in Winner-Take-All Market
Short sellers are raking in profits by betting against a part of the US equity market overlooked by
2023-09-11 04:46
Instacart Aims for IPO Valuation of $8.6 Billion to $9.3 Billion, WSJ Says
Instacart Inc. is targeting a valuation between $8.6 billion and $9.3 billion for its IPO, a fraction of
2023-09-11 04:26
Argentina Economists Lambaste Dollarization Proposal as ‘Mirage’
Argentina economists slammed a proposal to dollarize the nation that’s backed by presidential candidate Javier Milei, calling the
2023-09-11 03:28
Italy’s Meloni Urges Europe to Clear Lufthansa-ITA Airways Deal
Italy’s Prime Minister Giorgia Meloni urged European authorities not to waste time in giving the green light to
2023-09-11 01:56
Schonfeld, Balyasny, ExodusPoint Lag as Multi-Strat Funds Falter
Some of the largest multi-strategy hedge funds are lagging this year, as they struggle to keep up with
2023-09-11 00:54
Once in a Century Quake Deals Blow to North Africa’s Bright Spot
When Morocco’s top tourist city was rocked by the country’s deadliest earthquake in six decades, Hicham Aamran and
2023-09-11 00:46
Alibaba’s Ex-CEO Zhang Quits as New Leadership Takes Helm
Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud
2023-09-10 23:59
Retirement-Age Cut Adds to Polish Bond Risks, ING Analyst Warns
The Polish ruling party’s promise to lower the age at which Poles can tap state pensions adds to
2023-09-10 23:19
Fear of Stock Market Dive Creeps Back as Hedging Costs Climb
The S&P 500 Index’s surprise 16% rally this year is rewarding traders who bought in early and punishing
2023-09-10 20:53
The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes
Problems are stacking up for Europe’s hottest sector. A warning from the chairman of Cartier-owner Richemont that stubborn
2023-09-10 16:21
PIF-Backed Driller, Holders Seek up to $1.2 Billion in Saudi IPO
ADES Holding Co. and its main shareholders, which include Saudi Arabia’s sovereign wealth fund, are seeking to raise
2023-09-10 14:46
Egypt Inflation Soars as Higher Food Costs Add to Currency Angst
Egyptian inflation soared to a fresh record, with consumer costs now increasingly at the mercy of whether authorities
2023-09-10 14:18