UK to slash pensions perk, hitting high earners hardest
Item 1 of 3 British Chancellor of the Exchequer Rachel Reeves poses with the red budget box outside…
G20 declaration in defiance of US marks rare victory for multilateralism
Item 1 of 2 Leaders and delegates pose for a family photo on the first day of the…
Australia’s Macquarie bids $7.5 billion for logistics group Qube
Qube shares hit all-time high of A$4.89Offer is at 27.8% premium to Qube’s last closeExclusivity period to end…
Full text of European counter-proposal to US Ukraine peace plan
BRUSSELS, Nov 23 (Reuters) – Below is the text of a European counter-proposal to the United States’ draft…
Berkshire reveals new $4.3 billion Alphabet stake, sells more Apple
Buffett, Munger lamented missing out on Google soonerBerkshire has shed nearly three-quarters of Apple stakeBuffett prepares to turn…
UK’s Reeves abandons plans to raise income tax rates, roiling markets
Reeves needs to find billions of pounds at November 26 budgetRecent comments suggested a looming income tax hikeReeves…
Morning Bid: Buy the Rumor, Sell the News
14 Nov – Everything Mike Dolan and the ROI team are excited to read, watch and listen to…
EU finance ministers agree using frozen Russian assets most effective way to fund Ukraine
Von der Leyen supports reparations loan based on Russian assetsOther options include borrowing against EU budget or national…
Michael Burry of ‘Big Short’ fame deregisters Scion Asset Management
Burry stepped up criticism of Big Tech in recent weeksPlaces bets against Palantir, Nvidia”On to much better things,”…
Trump calls 50-year mortgages no ‘big deal’ as right-wing conservatives balk
US housing official says agency working on 50-year mortgageFHFA weighing ‘relief’ for 5-, 10- and 15-year mortgagesRight-wing conservatives…
SoftBank’s $5.8 billion Nvidia stake sale stirs fresh AI bubble fears
Nvidia shares fall more than 2% after SoftBank sells stakeSale to help Son fund AI bets such as…
Morning Bid: Tech bounce stalls
Nov 11 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large,…