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2 mins read

FII stake in Indian equities dips to a 12-year low

Foreign institutional investors (FIIs) continued pulling out of Indian markets in November, driven …

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1 min read

Warren Buffett's Berkshire Hathaway has reduced its big stake in Apple by two-thirds in the last year

Warren Buffett's Berkshire Hathaway has been steadily cutting shares in the iPhone maker over the p…

Lakshmi Varanasi   


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1 min read

Activist investor Starboard has just informed Pfizer it has taken a significant stake

Activist investor Starboard Value is looking to shake up pharma giant Pfizer's sagging stock price.

Alex Morrell   


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5 mins read

Saudi Arabia is on a high-stakes mission to buy the world

The Kingdom's sovereign wealth fund has risen in prominence as it has invested in everything from U…

Hasan Chowdhury   


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1 min read

JD.com plummets after Walmart sells its $3.6 billion stake in the Chinese retailer

Walmart acquired a 5% stake in JD.com in 2016 when it was seeking to level up its retail business i…

Matthew Fox   


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Asia's newest billionaire founded a grocery store in 1987 and never gave up any stake — until this week's IPO

Lee Thiam Wah, founder of 99 Speed Mart, became Asia's latest billionaire, with the largest Malaysi…

Lian Kit Wee   


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1 min read

Read JD Vance's financial disclosure, which includes at least $4 million in total assets and $250,000 in bitcoin

JD Vance's net worth easily totals into the millions, following a bestselling book and a stint in v…

Brent D. Griffiths   


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1 min read

Airbus agrees to pay $1 for Spirit AeroSystems assets in deal sparked by Boeing 737 Max blowout

Airbus said it would also receive $559 million in compensation from Spirit AeroSystems. Boeing is b…

Pete Syme   


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2 mins read

An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline

Southwest touts itself as the "LUV" airline, with free checked bags and no change fees. An activist…

Taylor Rains   


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2 mins read

360 ONE takes controlling stake in Mumbai Angels; two new funds announced

Wealth and asset management firm 360 ONE (previously IIFL Wealth & Asset Management) on Wednesday s…

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1 min read

Warren Buffett's company reveals its mystery bet is a nearly $7 billion stake in insurance giant Chubb

Warren Buffett's Berkshire Hathaway built a 6.4% stake in Chubb in under nine months, and also slas…

Theron Mohamed   


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3 mins read

Have foreign assets or income? Not disclosing it may lead to heavy penalties

Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…

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5 mins read

Proof of Stake: A process used to validate crypto transactions through staking

Proof-of-Stake is a consensus mechanism that works by validator nodes committing a stake of tokens …

Brian Nibley