The Bank of England has left itself the option to “skip” an interest rate cut later this year, economists have said, after ...

In the latest pushback from Universal Music Group in Drake's defamation lawsuit against the company over Kendrick Lamar's "Not Like Us" diss track, UMG has asked a federal judge to stop all discovery ...

Limp Bizkit is allowed to move forward with their lawsuit against Universal Music Group that alleges the label deliberately withheld as much as $200 million in royalties. The claims against the music ...

While Paramount Global may be in a state of limbo as the media firm prepares for sweeping changes under new ownership, recent ...

Plaintiff’s Complaint is utterly without merit and should be dismissed with prejudice.” More from Variety Bill Ackman's Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group ...

Universal Music Group (UMG) sank 8.8% after Bill Ackman's Pershing Square cut its stake in the company. On the economic front, German inflation unexpectedly fell in February, building a case for ...

A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of a 2.7% stake in the world’s ...

Shares of Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Write to Rob Curran at rob ...

Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square hedge fund group sold a €1.33bn block on Thursday evening.

Bill Ackman announced the sale of part of his stake in Universal Music Group. The sale could be a precursor to getting Universal Music listed on a major U.S. exchange. Markets are swinging wildly ...

(Bloomberg) -- A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of ...