Some GAM Holding AG shareholders lashed out against the takeover offer by Liontrust Asset Management, and drew parallels with investors who lost out in the takeover of Credit Suisse Group AG.
A reluctance by US mutual funds to invest in big tech stocks, which have staged a ferocious rally this year, is costing them dearly as they’re underperforming broader indexes, according to Goldman Sachs Group Inc. strategists.
Saudi Arabia is snapping up millions of barrels of Russian diesel that Europe no longer allows, while simultaneously sending its own supplies back to buyers in the EU.
Banks are readying a roughly $5.5 billion debt sale to support Apollo Global Management Inc.’s acquisition of Univar Solutions Inc., the latest test of investor appetite for risky loans and bonds that back buyouts.
It doesn’t look particularly appetizing — a mustard yellow-hued powder with the texture of starch — but the ingredient that made its global debut in Singapore on Thursday is being touted as the latest breakthrough in food technology.
The world’s super-rich are looking to take advantage of the shifting macroeconomic and geopolitical landscape by boosting investments in public and private markets, according to BlackRock Inc.
Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and suggested shares have room to fall after tumbling to the lowest levels since 2009.
The northeastern Chinese city of Shenyang is drawing up plans to take over the biggest shareholder of Hong Kong-listed Brilliance China Automotive Holdings Ltd. for about 16 billion yuan ($2.3 billion), according to people familiar with the matter, as the municipal government seeks to rescue the state-backed defaulter.
The star quant trader at the heart of a London poaching lawsuit between Jump Trading LLC and a hedge fund said it was impossible to remember the millions of lines of secret code and then take them to set up lucrative strategies at a rival.
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape such a fate after the war in Ukraine sent energy prices soaring.
