Citadel, the Chicago-based hedge fund giant led by billionaire Ken Griffin, has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation.
Citadel, the Chicago-based hedge fund giant led by billionaire Ken Griffin, has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation.
European airlines crippled by the coronavirus have demanded lasting relief from environmental taxes - in a move that pits their immediate survival against longer-term emissions goals.
BEIJING: China aims to launch an experimental spacecraft without a crew in April, as part of a broader spaceflight programme to shuttle astronauts to its future space station, state media reported on Tuesday. The new-generation spacecraft is scheduled to launch on the maiden flight of the Long ...
Wild swings in asset prices have thrown a spotlight on liquidity in corners of the US$4.4 trillion market for U.S. exchange-traded funds, which have played a key role for investors in Wall Street's coronavirus-fueled selloff.
The shock from coronavirus to banks is set to be greater but less prolonged than lenders faced in last year's stress test and the financial system remains resilient, the Bank of England said on Tuesday.
The Trump administration is moving ahead with oil and gas lease sales in four Western states beginning on Tuesday, bucking criticism from taxpayer advocates who say the auctions should be postponed because of a meltdown in energy prices.
SINGAPORE: Singapore's stock market rebounded along with its peers in Asia on Tuesday (Mar 24) as a pledge by the US Federal Reserve to spend whatever it takes to stabilise the financial system lifted sentiment amid the COVID-19 outbreak. Policymakers across the globe are looking to stave off a ......
German sportswear company Puma announced on Tuesday that 1,400 staff would switch to shorter work hours until April 13 as sales slump due to the coronavirus and said its three top executives would not take their pay for April.
Britain's biggest sportswear retailer JD Sports said on Tuesday it has delayed the publication of its financial results to May and has enough cash resources to ride out the coronavirus crisis.
