(Bloomberg) Warren Buffet repurchased only $6 billion of Berkshire Hathaway stock in the second quarter despite having $144 billion at his disposal. The sale happens when Berkshire’s stock has been…
(WSJ) Poultry giant Sanderson Farms Inc. is closing on a deal to sell itself to Cargill Inc. and Continental Grain Co. for about $4.5 billion. The deal would value Sanderson…
(Fortune Business Insights) Growing demand for lithium is expected to push the market size to $516.22 million by 2028, with a CAGR of 6% between 2021 and 2028. Global EV…
(BLS) US total nonfarm payroll employment increased by 943,000 in July, more than expected 845,000 as hiring accelerated amid Covid-19 variant fears. Following the uptick in payrolls, unemployment rate dropped…
(WSJ) Huawei Technologies Co. Ltd announced a 38% drop in revenue to 168.2 billion yuan in the second quarter as the U.S. sanctions on its smartphone and telecom equipment bite. The…
(Halifax) The UK registered an average housing price of 261,221 pounds in July, up 0.4% from the previous month. On a three-month basis, UK house prices were 2.4% higher in…
(Maersk) A.P. Moller-Maersk announced $14.2 billion revenue in the second quarter of 2021, a 60% increase from the same period last year driven by high container shipping rates. The world’s…
(GPIF) Japan’s Government Pension Investment Fund, which is the world’s biggest, reaching a record 191.6 trillion yen or $1.75 trillion in assets after a robust quarter. For the quarter that…
(WSJ) Over thirty US business groups are asking Biden’s administration to renegotiate the 2020 Phase One Trade Pact with China and reduce import tariffs. The business groups say that China…
(Cointelegraph) Around 3,395 ETHs have been burnt since the EIP-1559 upgrade was announced on Thursday, with the average burn rate said to be up to $395,000 ETH per hour. Gas…
(Cointelegraph) The crypto fraternity is against a new tax amendment backed by the White House on the U.S. infrastructure plan calling for strict reporting requirements by developers and validators. The…
WTI crude recovered less than $0.5 on Friday to trade at about $69.40 a barrel, but the gain was not sufficient to erase as much as 6% losses sustained since…