Business

Bill Ackman eyes IPO of hedge fund Pershing in early 2026, FT reports

Bill Ackman eyes IPO of hedge fund Pershing in early 2026, FT reports

(Reuters) -Billionaire investor Bill Ackman is aiming to publicly list hedge fund company, Pershing Square Capital Management, early next year,…

November 22, 2025

Oil prices drop 2% to one-month low as US seeks Russia-Ukraine peace deal

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Friday to a one-month low as the U.S.…

November 22, 2025

Red Cross to shed nearly 3,000 jobs, scale back budget amid donor fatigue

By Emma Farge GENEVA (Reuters) -The International Committee of the Red Cross will reduce its 2026 budget by nearly a…

November 22, 2025

US states take aim at data-driven pricing to ease consumer pain

By Jody Godoy (Reuters) -Even as the White House seeks to roll back state laws on artificial intelligence, states are…

November 21, 2025

Bitcoin bears dominate: odds of year-end price below $90,000 rise

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The likelihood of bitcoin ending the year below $90,000 has risen to 50%, according…

November 21, 2025

'A close call': Global brokerages split on Fed's December rate cut view after jobs report

By Siddarth S (Reuters) -Global brokerages are split over whether the U.S. Federal Reserve will cut interest rates in December…

November 21, 2025

Ubisoft flags strong Q2 bookings in a report delayed by debt covenant breach

By Leo Marchandon (Reuters) -French video game group Ubisoft reported quarterly bookings above its guidance on Friday, after a week-long…

November 21, 2025

Oil extends decline by 2% as US presses for Russia-Ukraine peace deal

By Anna Hirtenstein LONDON (Reuters) -Oil prices fell more than 2% on Friday, extending declines for a third session as…

November 21, 2025

Yen supported as officials step up verbal intervention, dollar lower

By Rae Wee and Ozan Ergenay LONDON (Reuters) -The yen found some support on Friday as Japanese officials stepped up…

November 21, 2025

Yen supported as officials step up verbal intervention, dollar lower

By Rae Wee and Ozan Ergenay LONDON (Reuters) -The yen found some support on Friday as Japanese officials stepped up…

November 21, 2025