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Angus WhitleyFortune |
Ackman called Ahmed “a brave hero” and said his hedge fund firm would establish a reward program for people who had carried out similar acts.

Jetstar Asia has only been profitable for six out of the 21 years of operation, and the decision to shut it down comes amidst mounting losses.

“I’m here for the long haul.”

While executive transgressions are a worldwide phenomenon, it seems to be particularly pronounced in Australia.

Rightmove's shares jumped 25% in London, boosting its market value by around £1 billion to £5.4 billion.
