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Andre Esteves Loses Control Of BTG Pactual To Partners

Andre Esteves, the founder of Grupo BTG Pactual, is no longer the controlling shareholder of the largest independent investment bank in Latin America following his arrest in connection with a corruption investigation. Esteves relinquished his financial control in BTG Pactual […]

Thailand To Improve Aviation Industry After U.S. Downgrade

Thailand To Improve Aviation Industry After U.S. Downgrade

Officials in Thailand have acknowledged the reasons for which the United States downgraded the country’s aviation industry. Weaknesses arose after growth outpaced the ability of regulators to keep track of developments, said Thai officials. The U.S. Federal Aviation Administration (FAA) […]

iPhone 6S Plus Battery

It’s Not The End Of Apple’s iPhone: Analyst

Apple shares bounced today after closing lower on Tuesday on the back of a warning about weak iPhone sales. The key takeaway most people took from Credit Suisse analyst Kulbinder Garcha’s report was that Apple slashed orders for iPhone components, […]

David Tepper: Activist And Lawyer

David Tepper: Activist And Lawyer

David Tepper’s Appaloosa Management is officially an activist investor at TerraForm Power (TERP). Tepper reveals a 9.25% stake in TERP and threatens legal actions against TERP and its general partner SunEdison (SUNE). The fund sent a letter to TerraForm. Now […]

Harvard Revamps Endowment Amid Battle With Yale

Harvard Revamps Endowment Amid Battle With Yale

Harvard has the world’s largest endowment but it has been performing poorly for the past few years, losing ground to bitter rivals Yale and Princeton. Harvard recently appointed Stephen Blyth as CEO of its endowment in the hope of arresting […]