Category: Business

Billionaire investor Julian Robertson, whose Tiger Management once ranked among the world’s biggest and most successful hedge funds and who trained generations of prominent managers known as “Tiger Cubs,” has died at age 90. Robertson died at his home in Read more

It was meant to be Europe’s stellar year. A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain a sense of normality after two dreadful years. But all that changed Read more

Argentina’s government will launch three measures in the coming days aimed at restricting imports and preserving the central bank’s dwindling foreign currency reserves, a source said. The measures come as new data on Monday showed a trade deficit in July Read more

A former Apple Inc (AAPL.O) engineer on Monday pleaded guilty to trade secret theft – one of two people accused of stealing trade secrets from the iPhone maker’s nascent self-driving car program. U.S. federal prosecutors have alleged that Xiaolang Zhang Read more

Brazilian central bank chief Roberto Campos Neto on Tuesday predicted that inflation will reach 6.5% or a little lower this year, amid government measures that lowered taxes on key goods. The estimate is more optimistic than private economists’ expectations of Read more

Intel Corp (INTC.O) and Canada’s Brookfield Asset Management (BAMa.TO) on Tuesday agreed to jointly fund up to $30 billion for the U.S. chipmaker’s leading-edge chip factories in Arizona, fueling Intel’s ambition to bring more chip production onshore without weighing on Read more

Bank of Nova Scotia (Scotiabank) reported third-quarter profit a touch below estimates on Tuesday as a sharp drop in income from its capital markets unit overshadowed strong loan growth in its international business. Canada’s No. 3 lender kicked off quarterly Read more