Even while having a record amount of cash on hand, Berkshire Hathaway reported a sharp increase in operating profitability for the third quarter, as Warren Buffett saw few chances for deals. Operating earnings for the Omaha-based conglomerate, which include income from… Read More ›
Amid geopolitical tensions and China’s economic slowdown, global investment bank and asset management bosses are getting back together in Hong Kong next week in an attempt to reposition themselves in the second-largest economy in the world and its offshore financial… Read More ›
If you rented out your property for a few nights and then came back to discover that it was the scene of a wild house party, how would you feel? You would be furious, upset, or both as you gazed… Read More ›
As part of attempts to prevent global warming from rising above 1.5 degrees Celsius, the president of the COP28 climate summit next month and two organisations dedicated to renewable energy urged states on Monday to treble the capacity of renewable… Read More ›
The “road to the San Francisco summit will not be a smooth one,” as China’s Foreign Minister Wang Yi put it on Sunday, alluding to the anticipated meeting between US President Joe Biden and Chinese President Xi Jinping. Wang agreed… Read More ›
According to NASA Administrator Bill Nelson, the US and China are “in a space race to go back to the moon.” Nelson says he wants to make sure “we get there first” in an interview with the BBC. His remarks… Read More ›
China’s post-pandemic rebound swiftly faded, prompting the country to implement a plethora of policy initiatives aimed at reviving a flagging economy in recent months. With the help of the government, the second-biggest economy in the world expanded more quickly in… Read More ›
Tuesday saw a nearly 10% increase in bitcoin to $34,872, the highest level in almost a year and a half due to growing rumours that an exchange-traded fund is on the verge of being launched. That came after a 10%… Read More ›
Three well-known cryptocurrency companies have been charged by US prosecutors with cheating investors out of almost $1 billion. Gemini, a cryptocurrency exchange, was accused by New York Attorney General Letitia James of misleading clients about the dangers of an investment… Read More ›
According to a research agency, Huawei Technologies has sold 1.6 million Mate 60 Pro smartphones in just six weeks, defying a slowdown in the smartphone market to experience robust demand for its high-end smartphone revival. According to Counterpoint Research, of… Read More ›
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