Prominent New York investor, Standard General, has been approached about acquiring all or part of Warner Bros Discovery’s cable television business, including CNN, reported Financial Times.Soo Kim, founder of hedge fund Standard General, has held discussions about potentially buying or investing in WBD’s television networks, according to people familiar with…
Activist hedge fund Elliott Management has built a stake of more than $1 billion in Lululemon Athletica, positioning itself…
Global markets opened on Wednesday with investors digesting a mix of technology dealmaking, uneven economic signals, and sharp moves…
The oil market currently sits between two distinctive scenarios, involving the growing supply risk from Venezuela, and prospect of…
Japan’s export engine showed fresh resilience in November, with shipments to the US rising for the first time since…
The UK’s inflation rate cooled more sharply than expected in November, strengthening the case for the Bank of England…
Medical-supplies distributor Medline has raised $6.26 billion in an initial public offering, claiming the title of the largest IPO…
German business sentiment is set to end the year on a softer note, highlighting how difficult it remains for…
For most of the past two decades, China’s economy could solve slow growth by pulling one of three levers.…