By Svea Herbst-BaylissNEW YORK (Reuters) - Billionaire investor Bill Ackman’s Pershing Square Holdings portfolio has lost nearly 14% so far this year, the firm told investors on Wednesday.The losses, through April 8, do not include gains seen on Wednesday, when markets surged after U.S. President Donald Trump paused most tariffs for 90 days. The losses, primarily incurred over the previous week, ...
HANOI (Reuters) - Vietnamese budget carrier Vietjet said on Thursday it has signed an agreement worth $300 million with AV AirFinance, a partner of investment fund KKR, to fund the expansion of its fleet.Thursday’s announcement confirmed a Reuters report last week on the finance deal done between Vietjet and AV AirFinance during a visit to the U.S. by Deputy Prime Minister Ho Duc Phoc for recipr ...
Investing.com-- Asian stocks surged on Thursday tracking stellar gains on Wall Street, after U.S. President Donald Trump announced a 90-day pause on newly implemented reciprocal tariffs, excluding China.Investors also weighed China’s latest inflation data as trade tensions between Beijing and Washington continued to escalate.Japan and South Korea led the rebound on Thursday, while other stock ma ...
By Kenrick CaiLas Vegas (Reuters) -Alphabet said on Wednesday it was still committed to spending some $75 billion this year to build out data center capacity despite turmoil over U.S. tariffs and sought to reassure investors that its AI plans were yielding good returns.Investors are fretting about the massive capital costs of AI projects, especially as uncertainty surrounding U.S. President Donald ...