Buffett Names Successor: Greg Abel to Lead Berkshire
The Oracle of Omaha has finally named his chosen successor to lead the $900 billion conglomerate, ending decades of speculation about who would fill his legendary shoes.
Category : Markets
China cancels UK finance talks with Reeves and Bailey
Beijing's abrupt withdrawal from key financial talks with UK Chancellor Rachel Reeves and Bank of England Governor Andrew Bailey signals deepening economic strains.
Princes tuna firm considers London stock market float
Major UK tinned food producer Princes, owner of popular tuna brands, announces plans for potential London IPO that could value the business at hundreds of millions and reshape the grocery sector.
Auto Trader and Moonpig shares crash in FTSE 100 rout
London's FTSE 100 faces significant pressure as Auto Trader suffers its worst day since 2022 and Moonpig shares crash 25% amid profit warnings and economic concerns.
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Amazon abandons NYC office expansion in Wall Street retreat
Amazon Web Services cancels major New York office expansion in Wall Street district, signalling permanent shift in corporate real estate strategy as remote work reshapes business landscape.
WPP job cuts as CEO slams 'unacceptable' performance
Global advertising giant WPP faces significant restructuring with thousands of jobs at risk after new CEO Mark Read condemns company's disappointing financial results and pledges radical transformation.
$1.2 Billion Powerball Jackpot - Winning Numbers Revealed
The Powerball jackpot has soared to a staggering $1.2 billion after no winner claimed Saturday's top prize. Discover the winning numbers and how this historic rollover is creating lottery fever across the nation.
Nestlé's Swiss Momentum Sparks Investor Excitement
Swiss food giant Nestlé experiences unprecedented investor confidence as strategic shifts and market positioning create remarkable momentum in European markets.
Trump-Xi Trade Deal Fuels Oil Surge & Market Rally
Global markets surge as Trump and Xi announce landmark trade agreement, sending oil prices skyrocketing while Shell posts staggering £7.4 billion quarterly profit amid energy sector boom.
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Pound Plunges as Budget Tax Rise Fears Grip Markets
The British pound faces mounting pressure as investor anxiety grows over anticipated tax rises in the upcoming budget, sending currency values tumbling and raising economic alarm bells.
Fed Holds Rates Steady Amid Economic Resilience
The Federal Reserve maintains interest rates amid cooling inflation and unexpected economic strength, with new projections revealing policymakers' cautious optimism.
Federal Reserve Holds Interest Rates Steady
The Federal Reserve maintains current interest rates as inflation concerns persist and economic growth shows signs of slowing, creating global market uncertainty.
Fed's Powell: No Rate Cuts Until Inflation Cools
Federal Reserve Chair Jerome Powell delivers cautious message on interest rates, emphasising need for sustained inflation control before considering cuts. Market reactions and economic outlook analysed.
Tom Brady's LionTree Deal Creates Fox Sports Conflict
NFL icon Tom Brady creates potential conflict of interest by joining LionTree as strategic investor while maintaining $375 million Fox Sports commentary role, raising questions about media boundaries.
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Nvidia overtakes Amazon in market value surge
Nvidia's staggering market valuation leap sees it overtake Amazon and Alphabet, with the AI chipmaker's stock reaching unprecedented heights amid surging demand for artificial intelligence technology.
Adidas North American sales plummet 25% post-Yeezy
German sportswear giant Adidas faces significant sales decline in North America as Yeezy partnership fallout and Trump sneaker backlash impact performance.
Trump's Bizarre Amazon Rant Targets Bezos and Mackenzie Scott
Donald Trump launches extraordinary attack on Amazon founder Jeff Bezos and ex-wife Mackenzie Scott in latest Truth Social tirade, revealing ongoing obsession with billionaire philanthropist.
Gold Rally Warning: Prices Falling as Experts Predict Bust
Investment professionals sound alarm as gold's spectacular rally shows signs of cracking. Discover why the precious metal's sudden decline could signal deeper market troubles ahead.
Nvidia's $3T surge sparks Wall Street bubble fears
As Nvidia's valuation soars past $3 trillion, economists draw unsettling parallels with the 1990s tech bubble and Alan Greenspan's famous 'irrational exuberance' warning.
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Apple's market value stumbles amid iPhone sales slowdown
Apple faces significant market pressure as iPhone revenue growth stalls, raising questions about the company's future strategy in an increasingly competitive smartphone market.
Amateur Investors Defy AI Bubble Fears
Retail traders show surprising resilience as AI stock volatility shakes markets, adopting 'buy the dip' strategies while experts warn of bubble risks.
Marston's shares surge 10% after Carlsberg deal
UK pub operator Marston's sees shares jump 10% after finalising joint venture with Carlsberg, creating a £780m brewing powerhouse while retaining pub estate.
FCA warns of Brexit talent drain threatening City
Exclusive: FCA executive warns of 'serious concern' as financial services professionals leave UK, with new research revealing worrying trends in banking and insurance sectors.
Powell resists Trump pressure on interest rates
Federal Reserve Chairman Jerome Powell pushes back against Donald Trump's demands for interest rate cuts, asserting the central bank's independence amid political pressure and economic uncertainty.
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Trump Trade Rhetoric Rattles Asian Financial Markets
Former US President Donald Trump's escalating trade rhetoric sends shockwaves through Asian financial markets, with China's Shanghai Composite suffering significant losses amid fears of renewed economic conflict.
Trump Declares Economic Victory as Markets Surge
In an explosive trading session, global markets erupted following Donald Trump's bold declaration of economic victory, with the Dow Jones posting its largest single-day gain in history amid what analysts are calling 'frenzied disbelief'.
HMRC: £2,240 Tax Refund Unclaimed - Check Eligibility
Millions of UK taxpayers could be owed substantial refunds as HMRC reveals thousands haven't claimed marriage tax allowance. Discover if you're eligible for this little-known benefit.
Reeves courts Saudi investment for UK growth
New Chancellor Rachel Reeves initiates high-stakes talks with Saudi Arabia's Public Investment Fund, seeking billions in investment to fuel UK economic growth amid challenging fiscal landscape.
CMA clears Greencore in competition investigation
The Competition and Markets Authority has concluded its investigation into Greencore Group, finding no competition concerns in the UK sandwich manufacturing sector.
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