Pandemic Helps Ackman’s Pershing Square to Hit a Record 70% Return
Bill Ackman’s Pershing Square Capital Management reported a straight record performance in 2020 with a fund return of 70%, according to Bloomberg. The fund had a net return of 4.6%…
Bill Ackman’s Pershing Square Capital Management reported a straight record performance in 2020 with a fund return of 70%, according to Bloomberg. The fund had a net return of 4.6%…
The New York Stock Exchange said on Monday it will no longer delist three Chinese telecommunication giants, CNBC reports. The NYSE dropped the plans after “further consultation with relevant regulatory…
Slack was down for many users on Monday morning as it faced a bumpy start on the first workday of 2021, reports Business Insider. DownDetector showed over 15,000 reports detailing…
Mexico will become the world’s largest legal cannabis market if Congress legislation is passed in the coming weeks, according to the Wall Street Journal. Lawmakers in the lower house say…
Nancy Pelosi was re-elected speaker of the U.S House of Representatives on Sunday by a 216-209 margin as the new Congress took office, according to Reuters. Her re-election comes when…
Shares of China's three biggest telecoms fell as much as 5% on the first trading session in Hong Kong on Monday, according to Reuters. The fall reflects the New York…
Tesla is poised for global expansion despite hitting annual vehicle deliveries of 499,550 in 2020, slightly lower of 500,000 goal, according to Bloomberg. The company delivered a record 180,570 for…
Hong Kong’s highest court sent tycoon Jimmy Lai back to jail, a ruling which avoids showdown with Beijing over security law for now, according to Bloomberg. Lai is fighting national…
U.K. businesses relying on 1.2 billion pounds ($1.6 billion) worth of goods crossing the border were taking no chances ahead of exit from the European Union on Thursday, reports Bloomberg.…
China’s public health authorities say the tally of COVID-19 cases in Wuhan early this year may have been almost 10 times than recorded, reports Bloomberg. About 4.4% of 34,000 tested…
Dozens of U.S. companies met their climate goals this year amidst the threats of global warming, reports Bloomberg. Now, the world is gearing up for 2021 as a more optimistic…
Investors doubt whether developed-market government bonds can continue providing both protection and diversification after a turbulent year, according to Bloomberg. Fears are imminent as investors face lower-for-longer rates despite growth…