Izzy Englander’s Millennium Management is in discussions to invest billions of dollars with Schonfeld Strategic Advisers in a rare partnership deal between two industry heavyweights, according to people familiar with the matter.
More than one out of every three investment advisers in India are giving guidance to small investors on equity and debt transactions without registering themselves with the country’s capital market regulator as required by law.
Saudi Arabia and Russia said they will stick with oil supply curbs of more than 1 million barrels a day to the end of the year as a rally in prices falters.
The selloff in US Treasuries extended into a third straight day, with 30-year yields touching 5% for the first time since 2007 and sending global financial markets into a tailspin.
Iceland’s central bank kept western Europe’s highest borrowing costs on hold as price growth has slowed amid a cooling economy.
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