Pressure grows on Target as activist investor builds stake
Move by hedge fund TCIM comes as US retailer struggles with a sales slump
Move by hedge fund TCIM comes as US retailer struggles with a sales slump

Status update on plan to save $5bn comes as US hedge fund pushes energy major to go even further

Some investors reduce positions or buy protection for their portfolios amid concerns over valuations

Political pressure in response to public anxiety will demand policy responses

Growth raises concerns about underwriting and risk management at fast-expanding groups

Buyers stayed away during the crucial annual buying period amid pessimism over geopolitical tensions and the global economy

Beijing seeks to bolster revenues to compensate for slowing economic growth