With the European Union's sights set on rolling out 5G across its 27 member states, the body will need to invest €300 billion ($355 billion) into its telecommunications infrastructure by 2025, a study by consulting firm BCG found. Commissioned by telecoms lobbying group ETNO, BCG performed its study at...
Warren Buffett said his decision to end future gifts to the Gates Foundation was driven mainly by his children’s readiness to give, while also disclosing that he personally initiated Berkshire Hathaway’s Alphabet investment.
Internet's favorite entrepreneur Elon Musk recently shared some advice to investors looking for the best approach in times of high inflation. Discussing the issue on Twitter, the CEO of Tesla recommended investing in "physical things".
According to Musk, it is "generally better to own physical things like a home or...
Japanese conglomerate SoftBank Group Corp has decided to invest $125 million into a Saudi Arabian company, marking its first foray into the Gulf nation. The investment, which is for a customer communication platform called Unifonic, was co-led with Sanabil, which is wholly owned by the Kingdom's Public Investment Fund.
Unifonic...
Canadian hip-hop artist Drake has decided to purchase a stake in fried chicken restaurant chain Dave's Hot Chicken, putting him alongside fellow celebrity investors such as Boston Red Sox Chairman Tom Werner and actor Samuel L. Jackson. Drake, who is expected to own just under 50% of the company,...
Chinese e-commerce giant Alibaba saw its stock (NYSE:BABA) take a significant drop this week after the company released its quarterly results. BABA lost 15.51 percent of its value in the past five days and has been trading around 105.80 at the moment.
According to the report, Alibaba's earnings per share...
Warren Buffett has long argued that estate taxes help curb dynastic wealth, while acknowledging that his own heirs are not likely to be affected.
The UK government has taken British Steel into public ownership to protect domestic steelmaking, while official figures showed the economy expanded by 0.1% in May.
China’s economy expanded at one of its lowest rates on record, adding to pressure on mining shares and highlighting the strain on global investors.
Jim Cramer, host of CNBC's popular finance show Mad Money, has been one of the most popular names in stock-picking in recent years. While his resume has its fair share of misses, he also had some home runs that helped build his reputation and made him an influential voice...