The Hedge Fund that made US $ 700 M on GameStop knew it was Time to Sell
One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet. That’s how 2021′s top-performing hedge fund Senvest Management was able to notch $700 million in p
Wall Street’s Big Bet on Chinese Markets is going all Wrong
The bar for China’s financial markets to do better this year was so low, virtually everyone on Wall Street was saying the country’s stocks and bonds could only go up. That bet isn’t going so well. Mainland equities just entered their first bear market since Donald Trump’s trade war. Shares i
TIME Hotels Expands its Senior Management Team
TIME Hotels Management CEO, Mohamed Awadalla said: “With these great new additions to the TIME Hotels team, we are looking to continue maintaining, expanding and delivering international standards of hospitality service throughout the region. Meet the team: Toufic Tamim, Vice President – Com
Denmark declares Covid is no longer a Threat to Society
Denmark will end virus restrictions next week and reclassify Covid-19 as a disease that no longer poses a threat to society, Prime Minister Mette Frederiksen announced. The country’s decision comes even as infections reach a record high, dramatically pushing forward an idea that’s emerge
Bank Muscat Board of Directors proposes 35 per cent dividend for 2021
Bank Muscat, the flagship financial services provider in the Sultanate, has proposed a 35 per cent dividend for the year 2021. The meeting of the Board of Directors chaired by Sheikh Khalid bin Mustahail Al Mashani, Chairman, on Wednesday 26 January 2022, approved the 2021 financial results and divi
مجلس إدارة بنك مسقط يوصي بتوزيع أرباح نقدية وأسهم مجانية بنسبة 35% لعام 2021
عقد مجلس إدارة بنك مسقط، المؤسسة المالية الرائدة في السلطنة، يوم الأربعاء 26 يناير 2022 اجتماعًا برئاسة الشيخ خالد بن مستهيل المعشني، رئيس مجلس الإدارة، حيث تم خلال ال
TRSDC Achievement: The ISO’s Environmental Management Standard
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has further established its commitment to protecting and enhancing the 28,000km2 project area on the West Coast of Saudi Arabia by gaining the Environmental Management Standard, I
BVLGARI في جواهر ثمينة في أسبوع LVMH للساعات موسم 2022
جواهر ثمينة تجسّد المعنى الحقيقي لقيمة الوقت تستعد دار بولغري لبداية العام الجديد بتقديم إبداعات مبتكرة في عالم الساعات الراقية، حيث تكشف عن إصدارات مذهلة تخفي ورا
Musk lost US $ 25.1 B, Bezos lost US $ 20 B, Zuck lost US $ 10.4 B
Last week was a painful week for billionaires as everything from e-commerce to cryptocurrencies to online gaming tumbled. Markets fell by the most since the outbreak of the pandemic as the specter of interest rate hikes by the Federal Reserve settled over the economy.Elon Musk, the world’s r