Samuel Nwite
AUTHOR: Samuel Nwite
Buffett, Not Abel, Appears to Be Calling Berkshire’s Biggest Stock Bets
Warren Buffett appears to remain deeply involved in Berkshire Hathaway’s biggest stock-market decisions, even as Greg Abel takes over as chief executive and assumes...
Commerzbank Chair Calls For German Takeover Rules Review After UniCredit Gains Control
Commerzbank supervisory board chairman Jens Weidmann has called for Germany to review its takeover rules, noting that UniCredit was able to secure effective control...
OpenAI’s Chief Economist Says AI Is Changing the Job of Studying Jobs
At OpenAI, figuring out how artificial intelligence will transform the labor market has become a moving target, with the researchers studying AI's economic impact...
10-Year U.S. Treasury Yield Near 5% Could Trigger 20% Stock-Market Drop, Strategist Warns
A further rise in long-term U.S. Treasury yields toward 5% could trigger a sharp de-risking across equities and send the S&P 500 down as...
Sinopec Profit Jumps 19% Despite Middle East Oil Shock as Refining Gains Offset $2.4bn...
China's Sinopec reported a surprise 19.3% increase in first-half net profit, showing how the world's largest refiner managed to navigate the disruption in Middle...