Man Utd’s stock market value rockets by £212million hours after Cristiano Ronaldo transfer
Cristiano Ronaldo’s shock return to Manchester United has seen the club’s stock market value rocket by £212m at one point on Friday.
Commodity Traders Harvest Billions While Prices Rise for Everyone Else
Clockwise from top left: Lithium, steel, corn, copper, oil, salt, aluminum, diesel fuel and iron. Source: Bloomberg (7), Getty Images (2) From oil to steel, raw material prices are surging. As the world economy recovers, how much further does the boom have to run? Doug King set up his hedge fund in the early days
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Reese Witherspoon’s Hello Sunshine Sold for $900 Million to Media Company Backed by Blackstone
Courtesy John Russo Reese Witherspoon’s Hello Sunshine has been sold for north of $900 million to a media company backed by the private-equity firm Blackstone Group Inc. Witherspoon and Sarah Harden, Hello Sunshine’s CEO, will join the board of the new company and will continue to oversee day-to-day operations. They will also remain significant equity holders. The Wall
LeBron James’ SpringHill Media Company Looks To Sell Equity Stakes Valued Up To $750M
Photo Credit: Valerie Macon LeBron James is looking to make some big boss moves for his entertainment firm through new deals and a piece of the company potentially up for sale. According to a report from Variety, sources tell the outlet that SpringHill Co. — led by both James and his longtime business partner Maverick Carter — is entertaining early
25 Billion Reasons To Invest In Cobalt
Where would Batman be without Robin? With that logic, you can say that where would Lithium be without Cobalt in most electric cars?
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World Needs Congo Copper to Kick Fossil Fuels, Billionaire Says
An African nation emerging from decades of conflict and corruption holds the key to greening the global economy.
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Blackstone posts highest profit yet, powered by growth-equity and SPAC deals
Stephen Schwarzman’s Blackstone saw its private equity portfolio appreciate more than 15% in Q1 2021. (John Moore/Getty Images) Since Blackstone launched in 1985 with $400,000 in seed money, the asset manager has expanded from traditional buyouts to the credit markets, real estate and more. But on Thursday, those strategies were upstaged by wins from Blackstone’s more recent
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Ariel’s Mellody Hobson hitting her stride as co-CEO
Mellody Hobson has a strategic plan for Ariel Investments LLC, the latest manifestation of which is a bold new spin on private equity that seeks to address racial economic inequality.
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Billionaire Jay-Z’s Net Worth Jumps 40% With Sales Of Streaming Service Tidal, Champagne Brand
Jay-Z attends 2020 Roc Nation THE BRUNCH on January 25, 2020 in Los Angeles, California. (Photo by Kevin Mazur/Getty Images for Roc Nation) Over the past two weeks, the rapper struck deals to sell his boutique music streaming service and half of his champagne brand Armand de Brignac, adding an enormous pile of cash to
Goldman Sachs: Historic Copper Shortage Loom As Prices Rocket
The endless flood of both central bank and fiscal stimulus means that hundreds of billions of liquidity – to the tune of approximately 0.7% of global GDP every single month… The endless flood of both central bank and fiscal stimulus means that hundreds of billions of liquidity – to the tune of approximately 0.7% of
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