Seven-time Super Bowl champion Tom Brady has become a minority owner of English soccer club Birmingham City.
Warren Buffett says he’s not worried about Fitch’s U.S. downgrade
Warren Buffett shrugged off Fitch’s U.S. downgrade, noting it doesn’t change what his conglomerate, Berkshire Hathaway, is doing at the moment.
Rolls-Royce’s turnaround delivers fivefold increase in profit
Aero-engineer Rolls-Royce on Thursday reported a strong recovery in profit as its new CEO’s turnaround plan gathers pace.
Crypto exchange HashKey bags license update to serve retail users
HashKey became the first crypto exchange to get licensed in Hong Kong.
Bud Light owner AB InBev beats forecasts in quarter dominated by boycott
Core profit rose 5% year on year, smashing expectations despite a boycott that led to a sharp fall in sales of its bestselling Bud Light beer.
The Fitch U.S. ratings cut is here to stay, says analyst who worked on the S&P downgrade in 2011
“It does not take a grand sovereign and analytics genius to understand that the fiscal profile of the U.S. is much worse than it has been,” said Elliot Hentov.
Super Mario movie and Zelda game breathe fresh life into Switch as Nintendo posts a 52% profit surge
Nintendo’s June quarter revenue was boosted by the success of the “Super Mario Bros. Movie” and the the popularity of its latest Zelda game for the Switch.
Russia fines Apple for not deleting ‘inaccurate’ war content; Kyiv hit by eighth consecutive nightly drone attack
Ukraine’s air defense forces said they intercepted more than a dozen projectiles, and the city’s mayor reported building damage but no casualties.
Societe Generale returns to profit, but comes under pressure in its home market
The bank’s net income of 900 million euros ($983.6 million) was more than analysts expected, and a lot higher than the second quarter of 2022.
Bill Ackman says he’s shorting 30-year Treasury bills, and yields could hit 5.5% ‘soon’
Billionaire investor Bill Ackman says bond market may reprice the long end of the curve “in a matter of weeks.”
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