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Those who shorted Tesla stock just lost more than $5 billion
3 weeks ago
Those who shorted Tesla stock just lost more than $5 billion
Since Donald Trump won the election, hedge funds continued to bet against Tesla Inc. lost billions of dollars as they…
IAG initiates $378 million buyback
3 weeks ago
IAG initiates $378 million buyback
Owner British Airways will begin buying back shares from next week.
Iran implemented rotating power cuts due to fuel shortages
3 weeks ago
Iran implemented rotating power cuts due to fuel shortages
Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Iran has begun…
Tom Hanks says 35 is the hardest age. He may be right
3 weeks ago
Tom Hanks says 35 is the hardest age. He may be right
When Tom Hanks reflects on his life and career, age 35 stands out as the most difficult age. Talk to…
Richemont’s sales fall as the pain of China’s luxury goods industry drags on
3 weeks ago
Richemont’s sales fall as the pain of China’s luxury goods industry drags on
Owner Cartier said weaker consumer spending in China was weighing on sales as the luxury goods downturn is hurting most…
Sudan’s sole caretaker protects ancient treasures from looting
3 weeks ago
Sudan’s sole caretaker protects ancient treasures from looting
The sole custodian of the pyramids at Meroë, the ancient capital of the ancient Kingdom of Kush, stands alone between…
FTX sues Scaramucci to recover money SBF invested in ostentatious investments
3 weeks ago
FTX sues Scaramucci to recover money SBF invested in ostentatious investments
FTX has filed a lawsuit against Anthony Scaramucci and his hedge fund SkyBridge Capital as part of a broader effort…
Monte dei Paschi di Siena posts quarterly fee growth beat
3 weeks ago
Monte dei Paschi di Siena posts quarterly fee growth beat
The Italian lender reported third-quarter net profit and revenue growth that beat expectations, led by higher fee and commission income.
Poor voters flocked to Trump and other data points from the election
3 weeks ago
Poor voters flocked to Trump and other data points from the election
Unlock the free White House Watch newsletter Your guide to what the 2024 US election means for Washington and the…
Stock market outlook: The Roaring 20s could last into the 2030s
3 weeks ago
Stock market outlook: The Roaring 20s could last into the 2030s
Since the U.S. economy began to recover from the pandemic, markets veteran Ed Yardeni has been drumming up a new…