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Financial News Around the World

Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion

“I’ve never wished to create a dynasty or pursue any plan that extended beyond the children,” Buffett wrote in a lengthy letter Monday.

Published 25 November 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Robinhoood, Bath & Body Works, MicroStrategy, Macy’s and more

These are the stocks posting the largest moves in premarket trading.

Published 25 November 2024
Categorised as Finance News

UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion

Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.

Published 25 November 2024
Categorised as Finance News

Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

“Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns,” one financier told CNBC.

Published 25 November 2024
Categorised as Finance News

Fund managers at Fidelity share how they’re playing China’s stimulus plans

‘This round of the policy pivot is quite significant,’ Theresa Zhou, a fund manager at Fidelity International, told CNBC.

Published 24 November 2024
Categorised as Finance News

Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors

State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays do not offer the stability of gold.

Published 23 November 2024
Categorised as Finance News

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.

Published 23 November 2024
Categorised as Finance News

Top 10 S&P 500 stock winners since Election Day

Policy stances from the incoming Trump administration, bullish quarterly earnings and an “Elon Musk premium” led to lofty stock returns, experts said.

Published 22 November 2024
Categorised as Finance News

Stocks making the biggest moves midday: Reddit, Super Micro Computer, Intuit and more

These are the stocks posting the largest moves in midday trading.

Published 22 November 2024
Categorised as Finance News

How the world’s 431 women billionaires make, spend and give away their fortunes

Women are more likely to emphasize a philanthropic focus on nonprofit and social organizations.

Published 22 November 2024
Categorised as Finance News

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