LONDON, Dec 11 (Reuters) - New hedge fund launches will 'likely' end the year at their lowest in 24 years amid tough fundraising conditions, hedge fund research firm Preqin said on Wednesday, based on numbers from the first three quarters of this year. By the third quarter of 2024, hedge fund managers opened 123 new funds, the lowest number since...

(Reuters) -British American Tobacco ( BTI ) on Wednesday forecast stronger revenue growth in its new category, which includes vapes and oral nicotine products, and combustibles in the second half of the year, driven by increased investments in the United States. The maker of Lucky Strike and Dunhill cigarettes said it remains on track to meet its 2024 outlook of...

03:09 AM EST, 12/11/2024 (MT Newswires) -- Vaalco Energy ( EGY ) said Wednesday it entered a rig contract with a Borr Drilling ( BORR ) affiliate to drill multiple development wells and appraisal/exploration wells for Vaalco's 2025/2026 drilling program. The contract includes options to drill additional wells, the company said. The program is expected to begin in mid-2025 in...

LONDON (Reuters) - New hedge fund launches will 'likely' end the year at their lowest in 24 years amid tough fundraising conditions, hedge fund research firm Preqin said on Wednesday, based on numbers from the first three quarters of this year. By the third quarter of 2024, hedge fund managers opened 123 new funds, the lowest number since at least...