The well-known investor Buffett donates $ 5.3 billion to charity

The well-known investor Buffett donates $ 5.3 billion to charity

Well-known US investor Warren Buffett (93) introduced on the twenty eighth that he would donate $5.3 billion price of shares from his American funding firm Berkshire Hathaway to the Gates Basis and 4 charities run by the Buffett household. Picture taken on Could 3 (2024 Reuters/Scott Morgan/File Picture) [28mh (Reuters)]- Warren Buffett (93), the well-known … Read more

Deutsche Bank Survey: Consumer Skepticism Towards Bitcoin Receding, Prices Expected to Plummet by End of Year

Deutsche Bank Survey: Consumer Skepticism Towards Bitcoin Receding, Prices Expected to Plummet by End of Year

According to a survey released by Deutsche Bank on April 8th, although consumer skepticism towards the crypto asset (virtual currency) Bitcoin has receded somewhat, just under one-third of respondents still expect to see it by the end of this year. We expect prices to plummet by then. Photo taken in Zenica, Bosnia and Herzegovina in … Read more

Warren Buffett’s Annual Letter to Shareholders Highlights Long-Term Commitment and Historic Financial Results

Warren Buffett’s Annual Letter to Shareholders Highlights Long-Term Commitment and Historic Financial Results

Warren Buffett, the famous investor who heads the U.S. investment company Berkshire Hathaway, released his annual letter to shareholders on the 24th, stating that although he may not be able to achieve “spectacular” results in the future, he is committed to shareholders in the long term. He announced that he would continue to contribute to … Read more

Apple Doubles Investment in Carbon-Removal Fund to $400 Million

Apple Doubles Investment in Carbon-Removal Fund to 0 Million

Apple has announced plans to invest another $200 million in its carbon removal initiative, a fund aimed at removing carbon dioxide from the atmosphere. This move comes as part of the company’s long-term efforts to reduce its carbon footprint and become carbon-neutral by 2030. With this investment, Apple hopes to accelerate the development of innovative … Read more

UAE’s Emirates Telecom buys 50% stake in Careem super app for $400m

UAE’s Emirates Telecom buys 50% stake in Careem super app for 0m

UAE telco company, Etisalat, is taking a page out of India’s playbook by launching its own super app, Breakingviews. Hoping to emulate the success of India’s Jio Platforms and its all-in-one app JioMart, Etisalat’s Breakingviews aims to offer customers a seamless experience that combines e-commerce, digital payments, and a variety of other services. As the … Read more

Bitcoin Surpasses $30,000 for the First Time in 10 Months as Investors Bet on Fed Shift

Bitcoin Surpasses ,000 for the First Time in 10 Months as Investors Bet on Fed Shift

Bitcoin has been on a rollercoaster ride in 2021, surpassing $30,000 for the first time on January 2nd. This latest surge is partly due to investors anticipating the end of rate rises and seeing Bitcoin as a hedge against higher inflation. But with its notorious volatility, the cryptocurrency market is not for the faint of … Read more

Gold falls below $2,000 as dollar rises on strong US jobs data

Gold falls below ,000 as dollar rises on strong US jobs data

The price of gold has been steadily climbing over the past few months, hitting an all-time high of over $2,000 per ounce in early August. However, recent news of positive US jobs growth has lifted the value of the dollar and caused the price of gold to fall below $2,000. This development has sparked concerns … Read more

FTC seeks preliminary injunction against ICE’s acquisition of Black Knight

FTC seeks preliminary injunction against ICE’s acquisition of Black Knight

The Federal Trade Commission (FTC) has called for a temporary halt to the proposed acquisition of Black Knight, a mortgage technology firm, by Intercontinental Exchange (ICE). The FTC has expressed concerns that the deal could lead to reduced competition, ultimately hurting consumers. The proposed merger, worth $11 billion, has already faced opposition from industry experts … Read more