
Warren Buffett steps down as Berkshire chairman, son Howard succeeds
Buffett, 96, becomes chairman emeritus and stays on the board; Howard Buffett, 71, a director since 1993, takes the chair at the roughly $1.1tn conglomerate.
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45 articles

Buffett, 96, becomes chairman emeritus and stays on the board; Howard Buffett, 71, a director since 1993, takes the chair at the roughly $1.1tn conglomerate.

Poste Italiane ends the first OPAS window on TIM with 66.63% of the capital; the offer reopens on 21-25 September with the 90% squeeze-out threshold in sight.

Oracle posted record Q1 FY27 revenue of $19.3 billion, a 30% year-on-year increase powered by triple-digit cloud infrastructure growth and a backlog that swelled to $664 billion.

The ECB authorized UniCredit to apply the Danish compromise to its consolidated capital ratios, adding 52 basis points to the CET1 ratio.
Poste Italiane raises TIM tender cash to 1.97 euros per share and drops the minimum threshold, signaling it will proceed regardless of adhesion levels.

The $899.99 PS5 Pro vanished from US stores after GTA 6's Netflix preview: resale up to $1,500 while Sony earns nothing. The driver is memory inflation.

Technoprobe joins the FTSE MIB on September 21, replacing DiaSorin. Its 17.5-billion-euro market cap doubles the tech weight in Italy's main index.

Bloom Energy, Illumina and Everpure join the S&P 500 on Sept. 21, replacing Molson Coors, The Trade Desk and Builders FirstSource. Four tech names enter the S&P 100.

Uber cuts about 3,300 jobs, 10% of its global workforce: its biggest layoff since 2020. Managers down 20%, remote work capped at 1%, over $10bn for robotaxis.

John Ternus is Apple's new CEO as of September 1; Tim Cook stays as executive chairman. A $4.6 trillion company, second only to Nvidia, with the AI race still open.

Government bond yields surge to multi-year highs across the US, Japan, UK and Germany as oil-driven inflation and fiscal deficits fuel a synchronized global selloff.

Michael Saylor's company buys 4,603 BTC for $369.7 million at an average of $80,318, lifting total holdings to 845,050 bitcoin.

Two weeks after the $60 billion acquisition, OpenAI pulls its models from Cursor, citing trust: developers have until November 12 to switch providers.

Barclays now expects two 25 bp Fed hikes in September and December, reversing its unchanged-rate call after Warsh's hawkish Jackson Hole speech.

The Stripe-Advent consortium has abandoned its $53 billion pursuit of PayPal Holdings. PYPL shares fell 15 percent in premarket trading on August 28.

Record revenue above $96 billion and a strong outlook: Nvidia confirms AI demand still outstripping supply, with margins the only weak spot.

The stock fell another 2.9% to close a seventh straight losing session, its worst streak since 2022, as investors brace for quarterly results due Wednesday.

Bitcoin broke above $80,000 for the first time since May 2026, driven by $1.9B in weekly ETF inflows and over $4B in short liquidations.

Samsung fell 8.7 percent on August 24 as its 110 trillion won shareholder return plan disappointed, dragging the KOSPI down 3.12 percent.

MPS approves two voluntary OPS worth 34 billion euros on BPM and Generali, challenging Intesa's 30.6 billion euro bid.
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