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Ackman's Pershing Square reaps $2.7 bln from rate trade but down 9%…
By Nell Mackenzie LONDON, Feb 10 (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the fund finished the year down almost 9%, according to an investor presentation seen by Reuters. U.S.stock indexes had a dismal 2022 with the […]
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Travel agent who pretended to have cancer to con 1,400 customer jailed
A travel agent faked while defrauding more than 1,400 customers has been jailed at Durham Crown Court for nine years. Lyne Barlow, 39, was ‘riding the monster of deceit’ as she used her fake illness to deflect the avalanche of complaints from devastated families whose holidays failed to materialise. She was so determined to continue […]