CEO Stock Recent News

One of my favorite things to do on the weekend as I putter around doing household chores is to listen to some of the top financial podcasts from the U.S., Canada and elsewhere. It's a great way to kill two birds with one stone.

Billionaire hedge fund legend Ray Dalio retired in grand style in October from Bridgewater Associates, the company he founded in 1975 from his two-bedroom apartment, says a February report from The New York Times. According to the paper, the billionaire's controversial comments about China's human rights violations accelerated Dalio's departure from Bridgewater.

It's been a tough year for initial public offerings (IPOs). With most of the major indexes worldwide mired in a bear market, new share listings have dried to a trickle in 2022.

China Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas prices despite weakened domestic fuel sales.

China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer CNOOC Ltd. to operate within a “closed loop” restricted system for seven days as the southern manufacturing hub of Shenzhen battles its latest Covid outbreak.