Investor William Ackman updated clients on his portfolio on Wednesday saying his Pershing Square Capital Management exited its Starbucks Corp. position as future growth looks less robust but will stick with last year's biggest winner, Chipotle Mexican Grill Inc. .
Nasdaq Inc asked regulators on Wednesday to allow issuers of thinly-traded stocks listed on its exchange to trade almost exclusively on Nasdaq, as part of a broader plan to boost trading in small- and mid-sized companies.
WASHINGTON: World Bank chief economist Pinelopi Koujianou Goldberg on Wednesday (Feb 5) announced she will be leaving the institution, according to a letter sent to colleagues and obtained by AFP. Calling it a "difficult decision," Goldberg wrote that she will step down from her post on Mar 1 to ......
Ford Motor Co said Wednesday Canadian officials have opened a preliminary investigation into the automaker's emissions certification process.
South Korea's Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a US$1.1 billion plant out of neighboring Andhra Pradesh only months after it fully opened, due to policy changes last year, sources close to the talks told Reuters.
BNP Paribas is looking for further opportunities to expand its investment banking franchise in Europe and fortify its lead over local rivals after last year taking over Deutsche Bank's electronic equity and prime broking operations.
REUTERS: When Walt Disney Co's Disney+ streaming service makes its debut in India on March 29, it will enjoy the luxury of home-court advantage: Hotstar. Disney's control of Hotstar, which it acquired through the US$71 billion purchase of Twenty-First Century Fox in 2019, gives Disney+'s entrance ...
Professional networking website LinkedIn's chief executive officer, Jeff Weiner, said on Wednesday that he would step down from his position effective June 1.
Australian regulators will consider intervening to stop banks from automatically directing "tap-and-go" card payments through the world's largest payment processors Visa and Mastercard Inc., the central bank said on Wednesday.
Mike Lynch, the British tech billionaire who sold his data company Autonomy to Hewlett Packard, submitted himself for arrest on Wednesday as part of a bid by the United States to extradite him to face criminal charges.
