Beauty Brand Coty Sees Shares Tumble After ‘Forbes’ Report Questions Kylie Jenner’s Wealth

(Bloomberg) — Coty Inc. tumbled Friday after Forbes reported that Kylie Jenner allegedly provided the magazine with misleading financial information about her cosmetics brand. Shares of Coty, which acquired a majority stake in Kylie Cosmetics last year, dropped 13% to … Read more…

Sovereign wealth funds will play a bigger role in markets post-coronavirus, Turkey fund chief says

“In my view, in the next three to five years, sovereign-owned entities and sovereign funds will play an important role in the equity part of the game,” Sonmez told CNBC. International: Top News And Analysis SPECIAL NEWS UPDATE: Click today … Read more…