News with the tag "Hertz"

Billionaire Bill Ackman’s hedge fund, Pershing Square Capital, has reportedly exited a position that previously accounted for 8.7% of the firm’s holdings. Pershing Square has sold $1.039 billion worth of shares in the railway company Canadian Pacific (CP.TO), reports Reuters. Ackman says he sold the...

As the crypto market goes green so is crypto mining investment in the UAE. For the first time in the MENA region, a UAE home grown crypto mining entity Phoenix Group has carried out a successful IPO 33 times oversubscribed with retail clients being the biggest investors. The IPO which started on Nov...