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hedge fund

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

  • UAE court orders Briton to pay Denmark $1.2 bn for tax fraud

    Sanjay Shah was arrested in the United Arab Emirates' financial hub in June upon request by Danish authorities who accuse him of helping companies fraudulently claim tax refunds. Shah was accused of running the scheme for three years starting in 2012, in which foreign firms pretended to own shares in...

  • Commodities face a challenging first quarter

    We have strong doubts about the recession risk to the US economy and see demand from some of the world’s largest consumer underpin the price during a year where supply will continue to be managed by OPEC+ and US producers inability or unwillingness to ramp up production, he adds.

  • UAE rejects Denmark’s extradition request for fraud accused Briton

    Dubai, UAE - A Dubai court on Monday rejected Denmark's extradition request for a Briton accused of robbing the Danish state of 1.7 billion euros ($1.72bn) through tax fraud, one of his lawyers told AFP. Hedge fund trader Sanjay Shah was arrested in June by Dubai police on Denmark's request....