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Billionaire investor Ackman bets Hong Kong dollar peg can break

24 November 2022
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Billionaire investor Bill Ackman said he's betting the Hong Kong dollar will fall and that its peg to the U.S. dollar can break, the latest big money manager to take a public short bet as U.S. rate...

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Oil rises on Saudi supply signals, but demand fears cap gains

22 November 2022
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Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing demand in China and a potential U.S. recession kept gains muted....

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Chinese carmakers target more European sales with five-star EVs

21 November 2022
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Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers....

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