Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome browser and Android operating system. Google CEO Sundar Pichai expressed concerns at trial in the…
Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will primarily include shelf-stable meals and will be…
A new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders. From tax hikes on pricey second homes in Rhode Island and Montana to Cape Cod’s proposed transfer tax…
Legendary investor Warren Buffett’s iconic warning from his 1983 shareholder letter – likening major reinvestment in weak industries to “struggling in quicksand” – remains a cornerstone of Berkshire Hathaway’s capital discipline.In 2025, as speculative fervor returns to global markets, Buffett’s refusal to chase structurally flawed sectors offers a sobering counterweight.His…
A day of significant global developments is underway, as North Korean leader Kim Jong Un arrives in China for a rare and highly symbolic summit, India’s market regulator moves to curb speculation, and the price of Russian oil continues to fall for its key Asian buyers. This flurry of activity…
A fragile and deceptive calm has settled over Asian markets, as a holiday in the United States mutes global trading volumes. But beneath this quiet surface, a deep and palpable tension is building. The market is now entering a pivotal and historically treacherous three-week period, a gauntlet of high-stakes economic…
A wave of profound uncertainty has sent European markets into a sharp retreat at the open on Tuesday, as a bombshell US court ruling plunged the global trade landscape into chaos. The cautious optimism that began the new trading month has evaporated, replaced by a risk-off mood as investors grapple…
The UK bond market has sent a powerful and painful warning shot across the bow of Prime Minister Keir Starmer’s government, as the yield on long-dated debt surged to its highest level in more than a quarter of a century. The dramatic move, part of a global sell-off, is tightening…
Gazprom, Russia’s state-owned gas company, has agreed to a slight increase in gas supplies to China through an existing pipeline. Additionally, a memorandum was signed for the construction of the large-scale Power of Siberia 2 pipeline, according to state news agencies. However, the prices for these supplies to China are lower than…
Nestle’s shares dropped nearly 3% as the markets opened on Tuesday after the Swiss food and beverage giant dismissed its chief executive, Laurent Freixe, following an internal probe into an undisclosed relationship with a subordinate.However, the stock was able to recover some losses by 10 am, and was down by…