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Why hedge fund titan Bill Ackman dumped his stake in Buffett’s Berkshire Hathaway?

Hedge fund billionaire Bill Ackman (pictured) said he sold off his entire stake at Warren Buffett’s Berkshire Hathaway investment group, emphasizing his fund is in […]

May 28, 2020

News, Stocks, Technology

Facebook’s Zuckerberg clashes with Twitter as Trump social media order looms

Facebook chief executive Mark Zuckerberg (pictured) quickly dismissed Twitter’s decision to fact-check US President Donald Trump’s comments, as the debate between the White House and […]

May 28, 2020

News

Cineworld plans for July opening, stock jumps by a quarter

Cineworld, the world’s second-largest cinema chain, said it has secured new funding from its lenders and is hoping to reopen all of its sites in […]

May 28, 2020

News

Billionaire Carl Icahn sells stake in bankrupt Hertz for £1.6bn loss, stock tumbles

Billionaire investor Carl Icahn has sold his stock in Hertz, ending a six-year bet in the rental car firm that cost him S1.6bn. Icahn sold […]

May 28, 2020

News, Stocks

Facebook and Twitter stocks slip as Trump prepares to sign social media executive order

Shares in social media companies under pressure as US President Donald Trump is likely to sign an executive order on Thursday to review a law […]

May 28, 2020

Economic News, News

China halts yuan near-record tumble after stronger-than-expected daily fixing

China’s offshore yuan tested a record low as it faces worsening tensions with the US over Hong Kong and the source of the coronavirus pandemic, […]

May 28, 2020