News

China says will protect its own interests in face of U.S. 'bullying'

China has toughened its tone following the Trump administration's opening salvo of tariffs.

Huawei revenue rises at fastest pace since 2016 on the back of consumer segment growth

Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restrictions.

Ken Griffin's multistrategy hedge fund at Citadel rose 1.4% in volatile January

Citadel's multistrategy flagship Wellington fund climbed 1.4% in January, following a 15.1% gain in 2024.

Warren Buffett's Berkshire Hathaway scoops up more Sirius XM, boosting stake to 35%

The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares for about $54 million in separate transactions Thursday through Monday.

HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public.

Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half

UBS revealed plans for up to $3 billion of share repurchases over the course of 2025.

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

Bessent, a former hedge fund manager, was confirmed as head of the U.S. Treasury last week.

Stocks that are getting hit the most from Trump's tariffs Monday include GM, Chipotle and Canada Goose

Tariffs could not only increase the cost of transporting goods across borders, they could also disrupt supply chains and crimp business confidence.

Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026

GoCardless reported a net loss of £35.1 million in the full year ending June 2024, down 55% year-over-year.

L.A. wildfire victims face financial anxiety amid recovery: 'The uncertainty is very unsettling'

The wildfires that tore through Los Angeles have left residents with ample financial anxieties. There are few answers right now.

Will 2025 finally mark the end of the IPO drought?

Nasdaq president Nelson Griggs discusses the decline of companies going public and when the incentive for initial public offerings will return.

We asked 10 travel agents: What's the top under-the-radar destination? Here's what they said

Travel specialists weigh in with the most underrated places to visit, along with can't-miss activities in each locale and the best times to go.
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