After Pfizer’s coronavirus boom,CEO in crosshairs over sales slump

After Pfizer’s coronavirus boom,CEO in crosshairs over sales slump

It’s a sharp turn in fortune for Albert Bourla,who oversaw development and mass production of the novel RNA vaccine that helped get the pandemic under control and put the global economy back on track.

  • byDaniel Gilbert

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Risk of flash crashes in markets is rising as Japan does its own thing
Opinion
Opinion

Risk of flash crashes in markets is rising as Japan does its own thing

When the Federal Reserve Board cuts US interest rates this week,Japan’s will be the only major central bank moving in the other direction. That could lead to more turbulence.

  • byStephen Bartholomeusz
How feuding billionaires,a rogue trader and a divorce rattled a $93b Wall Street powerhouse

How feuding billionaires,a rogue trader and a divorce rattled a $93b Wall Street powerhouse

Two Sigma has long prided itself on two things:the sophisticated,in-house algorithms that power its trading,and its commitment to secrecy. But its dirty laundry has now been aired.

  • byMaureen Farrell
The trade that could blow up the financial system

The trade that could blow up the financial system

Four of the world’s leading financial regulators are growing concerned about a risk lurking within the shadows of the world’s most important market.

  • byStephen Bartholomeusz
Two hedge funds suspended in Odey sex assault claims fallout

Two hedge funds suspended in Odey sex assault claims fallout

Investors are fleeing Odey Asset Management hedge funds following sexual assault allegations against founder Crispin Odey.

  • byNishant Kumar
What dangers are lurking in the shadows of the global financial system?
Opinion
Opinion

What dangers are lurking in the shadows of the global financial system?

Alarm bells are ringing in the vulnerable global financial system as things start to break. The multitrillion-dollar question is whether there is more to come.

  • byStephen Bartholomeusz
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Society life a double-edged sword but Kambala pair thrust to the top

Society life a double-edged sword but Kambala pair thrust to the top

The teen daughters of Real Housewife Nicol Gazal O’Neil are off to the Commonwealth Fencing Championships,and working towards a run at the 2032 Olympics.

  • byLucy Manly
ANZ Bank eyes off MYOB in battle for customer data

ANZ Bank eyes off MYOB in battle for customer data

ANZ Bank is eyeing off a potential multibillion dollar buyout of MYOB,as it looks to get its hands on more customer data and win business clients.

  • byClancy Yeates andSimone Fox Koob
The whale,the shark and the $635m lawsuit

The whale,the shark and the $635m lawsuit

A controversial decision by the London Metals Exchange helped save a Chinese billionaire from losing a fortune. But a notoriously aggressive US investor is not happy.

  • byStephen Bartholomeusz
Hedge fund group VGI Partners eyes merger with rival

Hedge fund group VGI Partners eyes merger with rival

VGI Partners’ shares shot up after the company confirmed it was in preliminary discussions with “a number of parties”.

  • bySarah Danckert
Meme stocks traders thrilled as short sellers come under microscope

Meme stocks traders thrilled as short sellers come under microscope

The US Justice Department’s has put the Wall Street establishment on notice,launching a criminal investigation into short selling by hedge funds and research firms.

  • byClaire Ballentine andMisyrlena Egkolfopoulou