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That has left him with a roughly 6% stake, worth $400 million, in the multi-level marketing company, whose products include dietary supplements

Bitcoin Touches Record Above $29,000, Extending 2020 Rally

The world's most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36. It has surged by nearly half since breaking $20,000 for the first time on Dec. 16.

S&P 500, Dow Close At Record Highs, Dollar Gains At End Of Tumultuous Year

Companies & Markets Markets

Equities bounced back with a vengeance following the plunge in March, with the Nasdaq, S&P 500 and Dow posting respective annual gains of 43.6%, 16.3% and 7.2%.

Bitcoin Jumps To Record $28,600 As 2020 Rally Reaches New Heights

The world's most popular cryptocurrency was last up 2.3% at $28,012. It has surged by nearly half since breaking $20,000 for the first time on Dec. 16.

Wall Street Ends Lower But Crude Advances As Senate Weighs Expanded Stimulus

Companies & Markets Markets Stock Market

Emerging market stocks rose 1.12%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.07% higher, while Japan's Nikkei rose 2.66%.

Stock-Picking Hedge Funds Land Investors Double-Digit Gains In 2020

The average hedge fund made 7.3% in the first 11 months of the year. That underperformed an index tracking the S&P 500, which would have made 14% over the same time frame, according to data from Hedge Fund Research (HFR).

SEBI To Auction Properties Of Sunheaven Agro On Jan 18

Economy India

The markets watchdog asked Sunheaven Agro and its directors to refund the money collected from investors along with 15 per cent annual interest.

Tech's Reign Over US Stock Market To Be Tested In 2021

Tech took a back seat in recent weeks, as hopes of a vaccine-led economic recovery fueled a rally in energy, financials, small caps and other less-loved parts of the market.

Chinese Banks To Feel Fund-Raising Pain As Investors Fear Bad Loans

China's banks raised 1.2 trillion yuan ($18 billion) in the first 11 months of the year, off the pace of 1.5 trillion yuan for all of 2019, data from Fitch Ratings shows.

S&P 500 Ends Slightly Higher As Investors Bet On Recovery

The Dow Jones Industrial Average rose 114.32 points, or 0.38%, to 30,129.83, the S&P 500 gained 2.75 points, or 0.07%, to 3,690.01 and the Nasdaq Composite dropped 36.80 points, or 0.29%, to 12,771.11.

Securitisation Volumes Likely To Bounce Back In FY22: ICRA

The agency's vice president and group head (structured finance ratings) Abhishek Dafria said the collections across all asset classes have bounced back sharply since the dip seen in April 2020 following the nationwide lockdown.

Gold Gains As US Stimulus Deal Progress Dents Dollar

Companies & Markets Markets Stock Market

Spot gold climbed 0.4% to $1,872.20 per ounce by 0745 GMT, having hit a more than one-week high of $1,873.76 earlier in the session. U.S. gold futures were up 0.9% at $1,875.50.

Wall Street Remains Mixed After Fed Announcement