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George Soros

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  • Investment firms including George Soros's Quantum Partners, Knighthead Master Fund and Hayman Capital, have filed a lawsuit in the UK asking the court to declare that the interest payments are subject to English law and that any attempt by a foreign court to modify contracts governing them would be ineffective. Although defendant Bank of New York Mellon Corp...

  • LONDON, Nov 3- Cristina Fernandez, president of Argentina, is the sort of populist political leader financial markets love to hate. Oil output has been falling, from a peak of more than 900,000 barrels per day in 1998 to a little over 700,000 bpd in 2013, and Argentina became a net petroleum importer in 2012.. The U.S. Energy Information Administration estimates...

  • DC (and these states) may go to pot next week Wednesday, 29 Oct 2014 | 7:12 AM ET

    Voters in D.C. and in two states will decide on measures to legalize marijuana.

  • Fidelity star manager cuts Herbalife bet in third quarter Wednesday, 22 Oct 2014 | 3:21 PM ET

    BOSTON, Oct 22- One of Fidelity Investments' top stock pickers cooled on Herbalife Ltd in the third quarter, cutting his stake in the company after a profit miss and fresh allegations from billionaire investor William Ackman that it is a fraud. Steve Wymer, who runs the $41 billion Fidelity Growth Company Fund disclosed reducing his stake in Herbalife in a...

  • New York, Oct 17- Suvretta Capital Management, founded by a former portfolio manager for billionaire investors George Soros and Steven A. Cohen, is generating net returns of 6 percent year-to-date, despite this week's stock market drop and wild gyrations, according to two sources familiar with the situation. The majority of flows into equity strategies over the...

  • BRASILIA, Oct 15- Aecio Neves would scrap a "failed" economic model and restore the pillars of Brazil's economy to overcome slow growth and high inflation if he wins the presidency this month, the candidate's pick for finance minister told Reuters on Wednesday. Neves, a centrist who has promised to rescue Brazil from recession, is running neck-and-neck with...

  • Wall Street backs GOP horses—with loads of cash Sunday, 12 Oct 2014 | 9:00 AM ET
    Elliott Management founder and CEO Paul Singer speaks during the SkyBridge Alternatives conference in Las Vegas, May 9, 2012.

    Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.

  • Here's why Brazilian stocks are soaring today Monday, 6 Oct 2014 | 4:47 PM ET
    Presidential candidate Aecio Neves (C) of the Brazilian Social Democracy Party (PSDB) and his wife Leticia Weber arrive to vote in general elections in Belo Horizonte, Oct. 5, 2014.

    Arminio Fraga, the man who could become finance minister of Brazil, knows what he wants to do to help that country's economy.

  • NEW YORK, Sept 24- The rapid economic transformation of Myanmar, less than two years after transitioning from military control and opening itself to the world, is not without its rough patches, the nation's top economic minister said on Wednesday.

  • Bass big on Argentina; rips 'immoral' competitors Wednesday, 24 Sep 2014 | 12:01 PM ET
    Kyle Bass, founder of Hayman Capital.

    He bashed rival funds such as Elliott Management, which has invested in Argentine bonds and held out for full payment, calling their behavior immoral.

  • BUENOS AIRES, Sept 22- Argentine President Cristina Fernandez met on Monday with Argentina bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest default.

  • BUENOS AIRES, Sept 22- Argentine President Cristina Fernandez on Monday will meet bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest debt default, a government minister said.

  • SYDNEY, Sept 9- LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, said it has raised $400 million for socially responsible investments in Asia and Africa- the largest ever for a fund specializing in low-income emerging market financial services.

  • BNY Mellon, a financial intermediary between the Argentine government and its bond investors, in June held onto a $539 million interest payment owed to bondholders on the orders of a U.S. court. The Argentine government argued it had met its debt obligations and urged holders of exchange debt to pursue BNY Mellon for payment.

  • Soros' bearish bet on US markets  Friday, 15 Aug 2014 | 4:21 PM ET

    Billionaire George Soros makes a big bet against U.S. markets. CNBC's Kate Kelly provides perspective.

  • George Soros loads up on bearish market bet Friday, 15 Aug 2014 | 12:33 PM ET
    George Soros, billionaire and founder of Soros Fund Management, speaks during an interview in London in March.

    The move sparked concerns that Soros Fund Management is expecting a big fall in equities.

  • Paulson holds onto gold ETF, Soros adds gold miners Thursday, 14 Aug 2014 | 6:41 PM ET
    John Pauslon

    Hedge fund Paulson & Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the second quarter.

  • China urged to reveal payments on natural resources Monday, 4 Aug 2014 | 6:24 PM ET

    WASHINGTON, Aug 4- China should publicly disclose what it pays African governments for extracting oil, gas and minerals as a way to level the playing field for companies worldwide and help countries get a fair deal for their natural resource wealth, billionaire investor George Soros said on Monday.

  • July 28- Herbalife Ltd, a maker of weight-loss and nutritional products, cut its sales outlook for the year after raising it three months earlier, sending its shares down 10.5 percent in extended trading.

  • Herbalife shares rose more than 17 percent to $63.29 in heavy volumes, more than recovering the losses made Monday after Ackman told CNBC he would expose Herbalife as an "incredible fraud" and deal the company a "death blow."