Howard Buffett, the eldest son of legendary investor Warren Buffett, is taking over as Berkshire Hathaway’s chairman. He brings extensive familiarity with corporate governance and the company’s operations to the role.
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Bloomberg NewsOriginal★★☆☆☆2026-09-18 17:30
PizzaExpress is preparing a sale that could value the company at up to £500mn. Its owners, including Bain Capital’s special situations unit and Cyrus Capital Partners, are working with bankers at Rothschild.
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Financial TimesOriginal★★☆☆☆2026-09-18 17:24
After decades leading Berkshire Hathaway, 96-year-old Warren Buffett has stepped down as chairman and become chairman emeritus, while remaining on the board. His son Howard takes over the non-executive chair, following Greg Abel’s appointment as chief executive. The company says day-to-day operations will remain steady.
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BBC NewsOriginal★★★☆☆2026-09-18 17:15
Legendary investor Warren Buffett, known as the “Oracle of Omaha,” steps down as chairman of Berkshire Hathaway, marking the end of an era that reshaped modern investing.
Berkshire Hathaway says 96-year-old Warren Buffett is stepping down as chairman, with his 71-year-old son Howard Buffett set to succeed him. Buffett left the company’s CEO role last year, when Greg Abel took over.
Warren Buffett, who ended his decades-long tenure as Berkshire Hathaway CEO at the end of last year, is giving up the chairmanship he has held since 1970.
Warren Buffett announced that he will leave his position as chairman of Berkshire Hathaway after six decades with the company. Investopedia editor-in-chief Caleb Silver examined Buffett’s influence on the investment world.
Berkshire Hathaway said in a statement released early Friday that Warren Buffett had stepped down as chairman, a role he had held since 1970.
Warren Buffett is stepping down as chairman of Berkshire Hathaway after holding the position for more than 50 years.
Berkshire Hathaway said on Friday that Warren Buffett, its former CEO and one of the world’s most revered investors, had been named chairman emeritus with immediate effect.
Warren Buffett is leaving his post as Berkshire Hathaway chairman after more than 50 years in the role. The company said Friday that the 96-year-old will immediately become chairman emeritus.
Warren Buffett is stepping down as chairman of Berkshire Hathaway after more than six decades leading the company, which made him a household name among millions of investors worldwide.
Berkshire Hathaway said Warren Buffett will step down as chairman, with his son Howard set to replace him under a long-standing succession plan.
Volkswagen cut its outlook on Friday after flagging €10 billion ($11.5 billion) in one-off costs linked to its stake in luxury sports-car maker Porsche, provisions for job cuts and a weak Chinese market.
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ReutersOriginal★★★☆☆2026-09-18 17:10
Major automakers, suppliers and dealers urged President Donald Trump on Friday to keep Chinese automakers out of the U.S. market, ahead of his meeting with Chinese President Xi Jinping next week.
RReutersOriginal★★★☆☆2026-09-18 17:05
Leaders of six major auto trade groups jointly signed a letter urging President Trump not to allow Chinese automakers into the United States ahead of Xi Jinping’s visit.
Wall Street is edging lower near the end of a volatile week, with U.S. stock indexes mixed as bond yields climb and oil prices fluctuate.
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The Associated PressOriginal★★☆☆☆2026-09-18 17:00
Disruptions to Saudi oil supplies are prompting Europe to look for alternative sources, while the G7 considers whether to draw on reserves.
TTRT WorldOriginal★★★★☆2026-09-18 16:46
Former Apollo executive Imran Siddiqui admitted improperly using company documents. The buyout group’s Athene unit had sued him over his rival start-up.
FFinancial TimesOriginal★★☆☆☆2026-09-18 16:41
The U.S. Treasury’s Office of Foreign Assets Control sanctioned Iranian exchange BitBank, its software developer Pishtaz Simorgh Electronic Trade Company and three people linked to Babak Zanjani’s corporate network. Treasury alleges Zanjani used BitBank to move hundreds of millions of dollars in Bitcoin to the IRGC, while another sanctioned entity used it to transfer receipts to Iran’s government.
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CryptoSlateOriginal★★★★☆2026-09-18 16:40
Abu Dhabi’s index ended higher on Friday as healthcare and consumer staples shares rose, while Dubai’s market moved in the opposite direction and closed lower.
RReutersOriginal★★☆☆☆2026-09-18 16:40
Turkish Trade Minister Omer Bolat met Italian business leaders and Deputy Prime Minister Antonio Tajani in Rome to discuss deepening economic ties across key sectors.
TTRT WorldOriginal★★★☆☆2026-09-18 16:37
Fed Chair Kevin Warsh explained this week’s decision to raise interest rates while raising difficult questions about how much further the central bank may go.
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CNBCOriginal★★★☆☆2026-09-18 16:33
Air France’s costly push into luxury, marked by generous servings of caviar and champagne, appears to be paying off. CEO Ben Smith told Reuters that the strategy is helping the Paris-based airline weather the impact of the Iran war.
RReutersOriginal★★☆☆☆2026-09-18 16:30
Austrian oil and gas group OMV said it will continue its planned hydrogen project in Austria without Abu Dhabi state-owned renewable energy firm Masdar, which unexpectedly withdrew from the venture.
RReutersOriginal★★☆☆☆2026-09-18 16:15
The proposal would mean €0.14 ($0.16) less energy tax on every litre of gasoline, according to Bild’s Friday report on German government plans.
RReutersOriginal★★★☆☆2026-09-18 16:10
Bitcoin climbed back above $80,000 on Sept. 18 as a technology-led relief rally was already under way in European trading. Yen weakness and renewed inflows into US spot Bitcoin ETFs may have supported the move, but the available evidence points to broader recovering risk appetite rather than one decisive trigger.
CCryptoSlateOriginal★★☆☆☆2026-09-18 16:00
Tensions in Russia’s wartime economy are mounting as huge military outlays widen the budget deficit. Consumers and businesses are becoming more pessimistic, pointing to longer-term economic strain.
TThe Associated PressOriginal★★★★☆2026-09-18 16:00
France has called for a G7 summit to discuss releasing more oil reserves, as supply concerns have intensified after an attack on a Saudi pipeline.
FFinancial TimesOriginal★★★★☆2026-09-18 15:51
After rising slightly earlier this week, gas prices fell by about eight cents overnight and could decline by several more cents before the weekend, according to an expert. Diesel prices, however, are surging, potentially affecting even people who do not drive.
CCBC NewsOriginal★★☆☆☆2026-09-18 15:37
A federal judge rejected claims that criticism of the bank’s executives was based on hindsight, offering further clarity on responsibility for Silicon Valley Bank’s implosion.
FFinancial TimesOriginal★★★☆☆2026-09-18 15:34
Federal Reserve Vice Chair for Supervision Michelle Bowman said a new report shows central bank staff failed to spot warning signs before Silicon Valley Bank collapsed in 2023.
The Kremlin has moved to seize the Russian assets of Nestlé and French retailer Auchan as part of a broader nationalization drive. The campaign has brought a surge in government takeovers of privately owned companies.
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CNNOriginal★★★☆☆2026-09-18 15:30
Assets belonging to Auchan, Lemana Pro and Nestle in Russia have been placed under the temporary management of L.E.V. Management under a decree signed by President Vladimir Putin. The companies are seeking clarification, while saying their operations and facilities continue as usual; Nestle says it will take steps to protect its rights.
Kremlin spokesman Dmitry Peskov said the current decision concerns only placing the Russian assets of Auchan, Lemana Pro and Nestle under external management, with L.E.V. Management chosen as temporary administrator. He also called the planned MC-21-310 aircraft supply agreement a breakthrough and highly important for Russia.
Russia has put the local operations of Nestlé, Auchan and other Western-linked companies under temporary administration. Nestlé is considering its options, while Auchan and Lemana Pro say their Russian businesses are continuing as usual.
Nestlé says it is assessing President Vladimir Putin’s decree placing its Russian business under “temporary external administration” and will take necessary steps to protect its rights. Auchan says its Russian subsidiary and all outlets continue operating normally while it seeks clarification.
Bitcoin has regained the $80,000 level, while Solana and Hyperliquid have rallied as crypto markets shrug off the Clarity Act’s setback in the Senate. The SEC and CFTC are nevertheless moving forward with crypto-related rulemaking.
TThe BlockOriginal★★☆☆☆2026-09-18 15:27
Air France is using lavish first-class offerings, including caviar and champagne, to keep wealthy travellers spending as high fuel costs and disrupted travel patterns pressure airlines worldwide. The Paris-based carrier says premium bookings and revenue have increased this year despite broadly higher fares.
FFrance 24Original★★☆☆☆2026-09-18 15:23
The CFTC is advancing cryptocurrency market rules by sending them to the White House for review while Congress delays action on the Clarity Act. The SEC has also opened a new route for trading tokenized stocks.
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CoinDeskOriginal★★★☆☆2026-09-18 15:16
The Commodity Futures Trading Commission has sent its crypto asset rulemaking to the White House for review, moving forward even as Congress remains inactive on the matter.
Aeroflot and three Rostec companies signed a contract for 90 domestically produced MC-21 medium-haul aircraft, to be delivered from 2029 to 2032. The deal is described as the largest in Russian civil aviation history. The first 18 aircraft from an earlier contract are expected from 2027.
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TASSOriginal★★★☆☆2026-09-18 15:15
China’s foreign ministry said on Friday that Beijing would closely monitor EU action against its electric vehicle industry and take measures to protect the rights and interests of Chinese companies. China opposes a “voluntary limit” on exports.
RReutersOriginal★★★★☆2026-09-18 15:15
The U.S. national average for gas rose another 3 cents overnight, bringing prices close to their highest level of the year on Friday, just weeks before the midterm elections.
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NBC NewsOriginal★★★☆☆2026-09-18 15:11
StubHub shares ticked higher for a third consecutive day after analyst Jason Bazinet raised his rating on the company from neutral to buy.
CCNBCOriginal★★☆☆☆2026-09-18 15:09
Grayscale’s Zcash ETF, ZCSH, plans a three-for-one split after a $233 million surge in inflows. Its assets are nearing $890 million as a rally in ZEC drives mining competition to record highs.
TThe BlockOriginal★★☆☆☆2026-09-18 15:09
British home prices are expected to rise less than previously forecast, gaining just 1.3% this year as difficult economic conditions discourage people from moving. Renters, meanwhile, are likely to face sharper increases, a Reuters poll found.
RReutersOriginal★★★☆☆2026-09-18 15:05
A new Federal Reserve review says regulators were “too timid” in addressing risks at Silicon Valley Bank and calls for an overhaul of bank supervision.
FFinancial TimesOriginal★★★☆☆2026-09-18 15:03
China’s Ministry of Commerce says it firmly opposes reported “voluntary” restrictions on Chinese hybrid-vehicle exports to Europe, arguing that they seriously violate World Trade Organization rules and conflict with market-economy and fair-competition principles.
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CGTNOriginal★★★☆☆2026-09-18 15:00
At a national conference in Beijing, officials and industry representatives said Xi Jinping’s instruction to expand and strengthen advanced manufacturing has set the direction for building a manufacturing powerhouse. They pledged to pursue industrial upgrading, breakthroughs in core technologies, smarter and greener development, and more resilient supply chains.
CCGTNOriginal★★★☆☆2026-09-18 14:51
President Vladimir Putin called Aeroflot’s contract for 90 MS-21-310 aircraft an important step for Russia’s aviation industry. He said 20 runways and 26 terminals have entered service since 2021, while at least 75 airports are due for modernization by 2030. Deliveries of the new aircraft are expected to begin next year and proceed on schedule.
TTASSOriginal★★★☆☆2026-09-18 14:46
Near-record fuel and gas prices are driving European governments to discuss a bloc-wide windfall tax on energy companies. Germany’s finance minister, Lars Klingbeil, accused oil firms of exploiting the Middle East situation and urged the European Commission to propose taxation models. High energy costs have become a major political issue in France and Italy.
TThe GuardianOriginal★★★★☆2026-09-18 14:42
EU ministers meeting in Dublin on Friday and Saturday are considering a windfall tax on energy companies as continuing price volatility destabilises the economic outlook.
Hyperliquid has introduced native manual borrowing, allowing users to collateralize HYPE or Bitcoin and borrow USDC or USDT through HyperCore. The platform reported $269 million in borrowed assets on Friday, while HYPE climbed to an intraday high of about $91.06, surpassing its prior record.
CCryptoSlateOriginal★★☆☆☆2026-09-18 14:40
Toys ‘R’ Us is planning to open 120 new stores as adult collectors help fuel toy sales. Some people, it suggests, never quite grow up.
NNBC NewsOriginal★★☆☆☆2026-09-18 14:37
As Russian attacks on Ukrainian businesses intensify, Kyiv’s effort to attract investment to the wartime economy is being overtaken by the need to keep companies operating. Businesses report destroyed equipment, burned inventory and deaths. The government is considering expanded financing and state-backed war-risk insurance, funded partly by raising VAT from 20% to 21%, a plan businesses oppose.
TThe Kyiv IndependentOriginal★★★★☆2026-09-18 14:33
India’s appetite for cheap Russian crude has created problems for New Delhi, while the US continues to shift its position.
BBloomberg NewsOriginal★★★☆☆2026-09-18 14:30
The 140th Canton Fair will take place in Guangzhou in three phases from October 15 to November 4, with 32,000 exhibiting companies. New products will make up 23.2% of displays and green products 26%, both record shares. The fair will also introduce smart scenarios, AI applications, booth-level navigation and expanded trade services.
CCGTNOriginal★★★☆☆2026-09-18 14:21
The Federal Reserve’s top regulatory official, Michelle Bowman, said Friday that an overhaul of the central bank’s stress test for major banks is imminent. She said the changes would make the process more transparent and outcomes more predictable for lenders, addressing reforms long sought by the industry.
RReutersOriginal★★★☆☆2026-09-18 14:15
Allspring, the former Wells Fargo asset manager, is exploring a sale valued at $4bn by its private equity owners. A deal would follow a string of transactions that have reshaped the industry.
FFinancial TimesOriginal★★☆☆☆2026-09-18 14:12
Engineers India said on Friday that it expects to benefit as major Middle Eastern clients invest in infrastructure designed to bypass the Strait of Hormuz, a crucial energy waterway that has been largely closed since the Iran war began.
RReutersOriginal★★☆☆☆2026-09-18 14:05
WTO chief Ngozi Okonjo-Iweala calls disruption in the Strait of Hormuz the “worst threat” to global trade in eight decades. She urges developing countries to help shape modernised trade policies and seize economic opportunities.
TTRT WorldOriginal★★★★☆2026-09-18 14:03
Delegates at a major industry meeting said soaring fuel and borrowing costs have replaced aircraft shortages as the top concern for jet financiers, signaling a shift in sentiment after years of supply-led disruption.
RReutersOriginal★★☆☆☆2026-09-18 14:00
Gold rose to a one-week high on Friday and was poised for its first weekly gain in four weeks. Falling oil prices reduced concerns over persistent inflationary pressure, although a stronger dollar capped the advance.
RReutersOriginal★★☆☆☆2026-09-18 13:50
Markets can run into trouble when they become excessively stretched, even without fraud.
FFinancial TimesOriginal★★☆☆☆2026-09-18 13:45
China is showing early signs of increasing crude imports after months of subdued buying during the US-Israel war on Iran, potentially weakening a buffer that has limited the rise in global oil prices. Analysts do not expect a rapid return to pre-war levels, as high crude prices could squeeze refinery margins and existing stockpiles remain sufficient for several months.
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South China Morning PostOriginal★★★★☆2026-09-18 13:30
After years and months of underperformance, the author says they feel lucky this time regarding Latin America.
FFinancial TimesOriginal★☆☆☆☆2026-09-18 13:29
The rate on a 30-year fixed mortgage has surged to 7.2%. Combined with prices near record highs, the increase is placing homeownership beyond the reach of millions of people.
NNBC NewsOriginal★★★☆☆2026-09-18 13:10
State-owned China Rare Earth Group is negotiating to acquire Shenghe Resources, according to two people familiar with the matter. The deal would strengthen Beijing’s control of the sector and give the group a stake in one of Washington’s rare-earth companies.
RReutersOriginal★★★☆☆2026-09-18 13:10
Trump’s pedal-to-the-metal approach suggests he may be focused on a larger question: what would happen to the US economy if the artificial intelligence fever broke during his presidency?
CCNNOriginal★★★☆☆2026-09-18 13:00
Three years after China restricted exports of two niche metals crucial to chipmaking, clean energy and defense, Western countries are still absorbing higher prices and waiting for domestic production to come to the rescue.
RReutersOriginal★★★☆☆2026-09-18 13:00
The Pinglu Canal in Guangxi officially opened to commercial navigation on Wednesday. It is the first major river-to-sea canal project planned and coordinated at the national level in China since 1949.
CCGTNOriginal★★★☆☆2026-09-18 12:57
An 8,000-metric-ton shipment of imported thermal coal reached Guigang, Guangxi, through the Pinglu Canal on Thursday, formally opening a new river-sea transport channel for power generation. The route from Qinzhou Port bypasses the Pearl River Delta and shortens the journey by 280 kilometers, improving supply-chain resilience and vessel turnover.
The Pinglu Canal began operations on Wednesday, with Nanning Customs supervising 1,679.8 metric tons of import and export cargo on its first day. Customs prepared clearance plans and declaration guidance for key companies while supporting trials of rail-sea-water multimodal transport through the New International Land-Sea Trade Corridor.
Despite having no formal licensing authority under MiCA, the ECB reportedly intervened at a senior level, prompting Greece to pause Binance’s application after regulators had deemed it complete.
CCoinDeskOriginal★★★☆☆2026-09-18 12:57
Record diesel prices in the United States are squeezing farmers and could push food prices higher. In northeast Missouri, corn, soybean and cattle farmer Addie Yoder uses two combines, three semi-trucks and several tractors to harvest and transport crops from mid-September through late October.
RReutersOriginal★★★☆☆2026-09-18 12:50
ASEAN Secretary-General Kao Kim Hourn called the recently opened Pinglu Canal a project of major historical significance. Speaking at the 23rd China-ASEAN Expo in Nanning, he urged China and ASEAN to use the opportunity to deepen economic cooperation.
CCGTNOriginal★★★☆☆2026-09-18 12:48
Two days after the Senate failed to advance the CLARITY Act, the SEC and CFTC opened narrower crypto-market access routes under existing law. The SEC created a five-year, capped framework for permissioned venues to trade tokenized US stocks, while the CFTC expanded no-action relief for qualifying software providers connecting users to regulated derivatives markets. The measures support limited products but do not replace market-structure legislation.
CCryptoSlateOriginal★★★☆☆2026-09-18 12:46
US equity funds posted outflows for a fourth consecutive week in the period ending September 18. Higher crude oil prices intensified inflation worries, while expectations of a Federal Reserve rate hike made investors more cautious before the policy decision.
RReutersOriginal★★☆☆☆2026-09-18 12:45
ECB President Christine Lagarde said on Friday that European Central Bank interest rates do not move in lockstep with oil and gas prices, countering market expectations of aggressive hikes as energy costs surge.
RReutersOriginal★★★☆☆2026-09-18 12:40
Turkey is moving to liquidate funds at the heart of what has been described as a ‘Ponzi-like scheme’. Major local banks are set to sell assets held by the funds, which have about 300,000 investors, amid concerns that their valuations were inflated.
FFinancial TimesOriginal★★★☆☆2026-09-18 12:38
Thailand is taking 109 companies and quality products from 20 northeastern provinces to this year’s China-ASEAN Expo to strengthen business matchmaking and connect Thai brands with Chinese consumers. Thai Commerce Ministry Deputy Permanent Secretary Chakra Yodmani said cooperation with China is entering a new stage in trade, the digital economy and connectivity.
CCGTNOriginal★★★☆☆2026-09-18 12:18
Hungary’s new government, led by Peter Magyar, plans to be ready to phase out Russian gas by the EU’s October 2027 deadline, Economy and Energy Minister Istvan Kapitany said. Budapest is negotiating with neighboring countries, including Romania, and LNG suppliers; he said existing cross-border infrastructure and diversified sources can ensure supplies.
TTASSOriginal★★★☆☆2026-09-18 12:09
York Holdings is expanding its range of lower-cost products to draw shoppers whose finances have been hurt by inflation, the supermarket and retail group’s chief executive said.
RReutersOriginal★★☆☆☆2026-09-18 12:05
Russia’s ESPO Blend crude rose above $120 a barrel for the first time since April, according to three traders and Reuters calculations. Demand from Chinese refiners helped lift prices as the U.S.-Israeli war on Iran disrupted Middle Eastern supplies.
RReutersOriginal★★★★☆2026-09-18 11:45
Uganda has started building a 320-million-liter petroleum storage terminal in Mpigi. President Yoweri Museveni attended the groundbreaking for the more than $300-million Kampala Storage Terminal, developed by state-owned Uganda National Oil Company. The project is expected to more than double current storage capacity and be completed within 24 months.
CCGTNOriginal★★★☆☆2026-09-18 11:37
Banks including JPMorgan Chase and Banco Santander are arranging more than £1 billion in debt financing to support Drax Group’s acquisition of renewable-energy company Bluefield Solar Income Fund.
BBloomberg NewsOriginal★★☆☆☆2026-09-18 11:30
Nestlé is weighing its options after Russia placed the Swiss food giant’s local assets under temporary external administration.
CCNBCOriginal★★★☆☆2026-09-18 11:28
Kremlin spokesman Dmitry Peskov said Auchan, Nestle and Lemana Pro are from unfriendly countries that assist Ukrainian forces in strikes on civilian economic facilities in Russia. He said that status was among the factors considered when their Russian assets were placed under temporary management.
Hungary’s new government, led by Peter Magyar, plans to significantly reduce its reliance on Russian oil in the coming years by sourcing supplies from other countries, Economy and Energy Minister Istvan Kapitany said. Budapest is negotiating with Croatia to make full use of the Adria oil pipeline, with the shift to happen in stages.
TTASSOriginal★★★☆☆2026-09-18 11:19
XRP is nearing a golden-cross pattern as attention turns to altcoins.
CCoinDeskOriginal★☆☆☆☆2026-09-18 11:15
Uzbekistan’s investment fund, UzNIF, is preparing major telecoms, aviation, banking and energy companies for potential listings. Uztelecom is currently the leading candidate as governance reforms progress and efforts to attract fresh capital accelerate.
EeuronewsOriginal★★★☆☆2026-09-18 11:14
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
