Buffett delays annual donation to Gates Foundation pending review of Jeffrey Epstein ties: WSJ
This comes as the foundation continues to review its ties to the late sex offender Jeffery Epstein.
Markets should beware ‘pain trade’ shocks in the second half: HSBC
Markets should brace for “pain trades” in the second half of this year, including a steepening U.S. Treasury, unabated AI trade and an “explosive” U.S. dollar, according to an HSBC report.
French biotech stock soars 40% after new data on experimental medicine
Shares of French biotech company Abivax soared Tuesday after it released fresh data on its lead drug for bowel disease.
Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide.
CNBC Daily Open: ECB goes ‘back to basics’
ECB President Christine Lagarde says the recent hike was “justified under every scenario,” as Fed Chairman Kevin Warsh prepares to speak at the event.
Short sellers keep betting against Pop Mart — even though it’s been a losing trade
Short sellers are doubling down on Pop Mart International even as a recent share price recovery turns their bearish bets on the Chinese toymaker increasingly risky.
Rafael Nadal talks tennis prize money, his hotels, and what sports taught him about business
Rafael Nadal opened his fourth Zel hotel as he expands into hospitality, education and sports after retiring from tennis.
BofA says these are the best seasonal trades for Q3, July and presidential cycle year 2
Bank of America looks at seasonal trades for the third quarter, the coming month and the second year of a presidential cycle.
Japanese yen sinks to 40-year low, keeping intervention risks in focus
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from Japanese authorities.
Australia’s competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms
Australia’s competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
