Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Standard Chartered has announced plans to double its investment in its wealth management business and shift its focus towards affluent individuals and global institutions following a rise in pre-tax profits in the third quarter. The … Read more
Thryv Holdings, Inc. (Thryv or the Company) (NASDAQ: THRY) has announced the pricing of an underwritten public offering of 5,715,000 shares of its common stock at a public offering price of $14.00 per share, totaling gross proceeds of approximately $80.0 million. The underwriter has been granted a 30-day option to purchase up to 857,250 additional … Read more
The Competition and Markets Authority in the UK has launched a study to investigate barriers to investment in the country. They have observed that the mark-up charged for goods and services has increased over the past 25 years. The authority plans to release its initial findings towards the end of the year, focusing on how … Read more
The Dow Jones Industrial Average experienced a decline on Wednesday, with McDonald’s (MCD) facing challenges due to an E. coli outbreak. Boeing (BA) also saw a drop in its stock price, while Trump Media & Technology (DJT) managed to reclaim a key benchmark. Warren Buffett, the CEO of Berkshire Hathaway (BRKB), issued a cautionary message … Read more
“ Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the gold standard in safe investments. In times of uncertainty, economic downturns, or full-blown crises, investors have flocked to Treasuries as a haven. But what if actual gold is the new gold standard for a … Read more
Shaquille O’Neal has had a diverse career in business, entertainment, and investing, in addition to his successful athletic career. He hosts a show called “The Break” on his YouTube channel, where he engages in casual discussions with guests on topics like money management. Despite his success, Shaq didn’t always have a deep understanding of managing … Read more
Warren Buffett is increasing his investment in Sirius XM Holdings Inc., as Berkshire Hathaway Inc. continues to purchase more shares of the radio broadcasting company for its portfolio. According to regulatory filings, the conglomerate bought $42 million worth of shares over the course of three days last week. Currently, Berkshire Hathaway holds a stake of … Read more