Corporate activist Elliott outspending rivals: Lazard data
Elliott Management Corp, Paul Singer’s $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year.
Chinese movie-ticketing leader Maoyan says to boost film investment, Tencent partnership
Maoyan Entertainment , China’s leading movie-ticketing platform, said it would boost investment in the domestic film industry and deepen its partnership with Tencent Holdings Ltd , as it works to halt a downturn at cinemas.
Chinese movie-ticketing leader Maoyan says to boost film investment, Tencent partnership
Maoyan Entertainment , China’s leading movie-ticketing platform, said it would boost investment in the domestic film industry and deepen its partnership with Tencent Holdings Ltd , as it works to halt a downturn at cinemas.
Asia shares cautious in case Powell closes rate door
Asian shares turned mixed on Wednesday while rising Treasury yields lifted the dollar as markets wondered if the world’s most powerful central banker would confirm or confound expectations for U.S. policy easing this month.
British billionaire Dyson buys Singapore’s priciest penthouse
British billionaire James Dyson, inventor of the bagless vacuum cleaner, has bought Singapore’s most expensive penthouse, official records show.
Japan export curbs could be prolonged, says South Korea’s Moon
South Korea’s president said on Wednesday Japan’s export curbs on key materials used by South Korean technology firms could be prolonged and his government will sharply boost spending to help reduce their reliance on Japanese suppliers.
Oil prices rise as data shows bigger-than-expected fall in U.S. stockpiles
Oil prices rose on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply amid global trade tensions.
Tesla set to ramp up production at Fremont plant: Bloomberg
Tesla Inc is preparing to boost output at its electric car factory in Fremont, California, Bloomberg reported on Tuesday, citing an internal email.
Oil rises more than 1% after U.S. stockpile drop; Brent nears $65
Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply.
Asia cautious as everything rides on dovish Powell
Asian shares inched ahead on Wednesday while higher Treasury yields lifted the dollar as markets wondered if the world’s most powerful central banker would confirm or confound expectations for U.S. policy easing this month.
