City regulator intervenes as Burford alleges market manipulation

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City regulator intervenes as Burford alleges market manipulation

The City regulator has begun “wide-ranging enquiries” following the US hedge fund Muddy Waters’ attack on the UK-listed Burford Capital last week that sent its shares plummeting by 65% in 24 hours. In what is fast becoming one of the most extraordinary …
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StockBeat: Brexit Casts Long Shadow Over FTSE as Other Markets Rise

By Geoffrey Smith. Investing.com — The dog days of summer have finally arrived for most of Europe’s stock markets, but Brexit continues to cast a long shadow over the U.K.’s. The FTSE 100 was down 0.2% by 5 AM ET (0900 GMT) on a Monday morning when …
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Air Canada sweetens Air Transat takeover offer to $18 per share

Air Canada will spend more to buy Transat A.T. Inc., the airline announced Sunday, saying it has upped the total offer by $200 million to win the support of the tour company’s largest shareholder. The new bid sees Air Canada spending $18 per share, rather …
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Saudi Aramco aims to buy Reliance stake, reports 12% earnings slide

DUBAI (Reuters) – Saudi Aramco is planning a blockbuster investment in Reliance Industries (RELI.NS), the Indian firm announced on Monday, as the energy giant diversifies its business, where weaker oil prices pared its first-half profit by 12%. State-run …
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Nissan, BMW in Talks to Pull South Africa Into Electric Car Era

Nissan Motor Co., BMW AG and Volkswagen AG are among carmakers in talks to bring the electric-car revolution to South Africa, as the nation's
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