(Reuters) - Hedge fund billionaire Bill Ackman is planning an initial public offering for his investment firm Pershing Square Capital Management as soon as next year, the Wall Street Journal reported on Friday.
As a precursor to a public listing, Ackman is selling a stake in Pershing Square to investors in a funding round expected to value the firm at around $10.5 billion, the report said, citing people familiar with the matter.
The deal... (continue reading...)
MOSCOW (Reuters) - Russian forces are advancing in all tactical directions in Ukraine and have taken control of 28 settlements this month, Russia's defence minister said on Friday, saying Moscow would press ahead with what it calls its special military operation.
Speaking at a meeting of regional defence ministers in Kazakhstan, Defence Minister Andrei Belousov said Russian forces had captured a total area of 880 square kilometres (339 square miles) so... (continue reading...)
(Reuters) - Shares of Trump Media & Technology Group dropped 8% in premarket trading on Friday after a jury found former U.S. president Donald Trump guilty of falsifying documents to cover up a payment to silence a porn star ahead of the 2016 election.
The Republican presidential candidate for this year's election owns a majority stake in TMTG, the parent of his social media platform Truth Social. The company also provides a way for Trump supporters to... (continue reading...)
PRAGUE (Reuters) - NATO chief Jens Stoltenberg on Friday dismissed warnings by Russian President Vladimir Putin that allowing Kyiv to use Western weapons for strikes inside Russian territory might lead to an escalation.
Speaking on the sidelines of a NATO foreign ministers' meeting in Prague, Stoltenberg said the alliance had heard such warnings many times before.
"This is nothing new. It has (...) been the case for a long time that every... (continue reading...)
By Camillus Eboh
ABUJA (Reuters) - Armed men killed at least five soldiers in a surprise attack in Nigeria's southeastern Abia state, the military said on Friday, the latest in a string of raids in a region rife with separatist violence.
No group claimed responsibility, but the army blamed the outlawed separatist Indigenous People of Biafra (IPOB) movement which wants the surrounding region to secede from Nigeria.
The gunmen... (continue reading...)
More Reuters
View Older Stories-
Tesla to recall over 125,000 vehicles over seat belt warning system
-
UK actors and writers call out 'systemic racism' over Abbott treatment
-
Hong Kong April retail sales tumble 14.7% amid changing consumption pattern
-
Factbox-Battles over CEO pay across the globe
-
Ukraine can use German weapons to defend Kharkiv border region, Berlin says
-
China to restrict export of some aviation, space components from July 1
-
Airbus faces new output pressure amid parts shortages, sources say
-
Former Iran parliament speaker signs up for presidential vote after Raisi death
-
Euro zone inflation rises just as ECB prepares to cut rates
-
Take Five: Cool jobs at last
-
Russian court extends detention of Russian-U.S. journalist Kurmasheva
-
Affordable housing to stay out of reach in major economies due to lack of supply: Reuters poll
-
Thousands of Ukrainian prisoners apply to join army in return for parole
-
Investor flows into corporate bonds on longest streak since 2019, says BofA
-
Ukraine signs security deal with Sweden in push for Western support
-
Far right AfD cracks Germany's post-Nazi firewalls with success in the east
-
Online betting firm Flutter names Rob Coldrake as new group CFO
-
Russia's Medvedev says Moscow's nuclear threats over Ukraine are no bluff
-
Exclusive-Ukraine's Zelenskiy expected to attend Singapore security summit, sources say
-
In South Africa's coal belt ANC heartland, voters defect en masse
-
Ukraine missiles hit oil terminal at port Kavkaz in Russia's Krasnodar region, military says
-
NATO getting closer to war every week, Hungary's Orban says
-
Turkish economy expands 5.7% in first quarter on strong domestic demand
-
China, US defence chiefs discuss Taiwan, Ukraine, Gaza
-
German retail sales fall more than expected in April
-
Crypto 're-staking' platforms boom as traders chase bigger returns
-
Papua New Guinea leader visits community hit by landslide
-
After repairing its war-damaged factory, Mondelez resumes making Oreos in Ukraine
-
Poland organising its 45th package of aid for Ukraine, minister says
-
Pakistan PM Sharif to visit China June 4-8, foreign ministry says
-
International reaction to Donald Trump's criminal conviction
-
US defence secretary raises concerns about China's military activity, Pentagon says
-
Czech Republic to seek more Ukraine ammunition contributions, minister says
-
Column-Pound nears 2016 levels as election nods to new Brexit tack: Mike Dolan
-
China, Saudi Arabia foreign ministers discuss Ukraine crisis
-
South Africa heads for coalition as ANC support plunges
-
South African election results webpage back to normal after glitch
-
EU approves Italian aid for $5.4 billion STMicro chip plant
-
Russian attack on Kyiv damages power facility, grid, energy company says
-
Trump conviction gives some Republicans pause in key Pennsylvania county
-
Airports in Russia's Tatarstan region resume operations after two-hour safety pause
-
'Too much heat' hits Delhi courts, judges asked to let lawyers ditch robes
-
Cleaner shipping fuel is contributing to ocean warming, scientists say
-
Slovak Prime Minister Fico released to home care, hospital says
-
BOJ panelist calls for steady rate hikes, warns of inflation risk
-
Five powers plan bigger, deeper Asia military drills
-
Employees at some businesses in Russia's Tatarstan region have been evacuated, says state media
-
Ship traffic to resume in Turkey's Bosphorus Strait after brief suspension
-
Renault, Geely create joint venture for hybrid, combustion engines
-
Australian fast food chain Guzman y Gomez seeks to raise $161 million in June IPO
