Oil investors piled into short positions as oil markets shook off the disruption from attacks on Saudi Arabian oil facilities. Bets that West Texas
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New York (CNN Business) Wall Street’s favorite fortuneteller is telling an ominous story about the fate of America’s economy. The chance of a recession in the United States over the next 12 months climbed to 38% in August, according to a New York Federal …
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Hong Kong (CNN Business) Tencent (TCEHY) dominates music streaming in China. Now rival tech titan Alibaba (BABA) is forging an alliance that could help it knock the leader down a peg. Alibaba is picking up a minority stake in NetEase (NTES) Cloud …
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OSLO/KUALA LUMPUR (Reuters) – Norway’s Telenor (TEL.OL) and Malaysia’s Axiata Group (AXIA.KL) said they had called off talks to create a telecoms joint venture with nearly 300 million customers across South Asia and Southeast Asia on Friday, sending …
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Ackman, 53, is worth $1.8 billion, according to the Bloomberg Billionaires Index. He declined to comment. Pershing Square has rallied along with
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