BUSINESSGlobal Banks May Lose $6 Billion From Collapse of ArchegosNileshMarch 30, 2021April 8, 2021 by NileshMarch 30, 2021April 8, 202101407 Global banks may lose out on more than $6 billion as Archegos Capital Management run by former Tiger Asia hedge fund manager Bill Hwang triggered...
BUSINESSBertelsmann To Buy Simon & Schuster For $2 BnAmrita ChakravortyNovember 26, 2020November 26, 2020 by Amrita ChakravortyNovember 26, 2020November 26, 20200781 German media giant Bertelsmann has set a deal with ViacomCBS to acquire publishing unit, Simon & Schuster, for $2.17 billion in cash.Bertelsmann, the owner of publishing giant...