Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The boss of London-listed Seplat wants to “demystify” Nigeria for international investors after completing a tortured billion-dollar deal with ExxonMobil that has transformed the company into one of country’s biggest oil producers. Two years ago
The tariffs under the Trump administration have rattled global markets and shaken investors’ confidence, leaving them in search of some portfolio stability. In this challenging scenario, investors looking for stable income can add some dividend stocks trading at attractive levels to their portfolios. Top Wall Street analysts can inform investors’ search for the right dividend
The stock market crash triggered by President Donald Trump’s global tariffs brought Warren Buffett’s investment moves over the past year into a fresh light, underscoring his prudence amid the once-raging bull market. His decision last year to shed most of Berkshire Hathaway’s Apple stock now looks especially well timed. Berkshire Hathaway Chairman and CEO Warren
A man from Malibu has been convicted of scamming investors and Hollywood stars out of more than $20 million through false claims about his celebrity app’s business performance. Bernhard Eugen Fritsch, the founder and CEO of StarClub Inc., a Santa Monica-based tech company, was held accountable for an elaborate fraud that fueled his lavish lifestyle,
It’s no secret that the stock market took a massive nosedive after President Donald Trump revealed his “reciprocal tariff” plans, but there are some areas of the market that took the news worse than others. In fact, the Russell 2000, which is widely considered to be the most comprehensive index of small-cap stocks, has now
A Malibu man has been convicted of fraudulently obtaining an estimated $25 million in investments in his tech company and using the funds to finance a lavish lifestyle that included a Rolls-Royce, mansion by Carbon Beach and yacht, authorities said. After a nine-day trial, Bernhard Eugen Fritsch, 63, was found guilty of one count of
Investors around the globe this week sent President Trump a clear message about his new tariff policy, announced triumphantly as a remaking of the economic order. They don’t like it. The S&P 500 fell 6 percent on Friday, bringing its losses for the week to 9.1 percent. Stocks hadn’t fallen this far this fast since
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In an early interview as US Treasury secretary back in February, Scott Bessent made it clear that bond yields, rather than stock prices, were the financial market metrics that he and President Donald Trump cared
Tesla’s horrendous first quarter numbers have some of its backers rethinking a few things. Namely, their CEO Elon Musk, whose once immense starpower is now inverting on itself. Still haunted by last year’s sales slump — the first annual drop in its history — Tesla has kicked off 2025 with a worrying omen that it
Good morning. iPhones, makeup, and pet food — Americans told BI they’re stocking up on items they consider essential following Trump’s latest tariff announcement. In today’s big story, the tariff talk continues. As stocks crater, we’re looking at what’s next for markets. What’s on deck Markets: For investor Ross Gerber, Elon Musk potentially leaving the