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Wednesday, August 1, 2018

Greenlight's bet against Tesla crashes fund's second-quarter returns

Billionaire hedge fund manager David Einhorn told investors on Tuesday that a sharp rally in Tesla Inc shares, which he bet against, turned into heavy second-quarter losses at his Greenlight Capital fund, and stuck by his dim outlook for the electric carmaker.


from Reuters: Business News https://ift.tt/2vmSa9h

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Billions at stake in court battle over North Sea oil

Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week. from BBC News https://ift.tt/gTB8QlX