Greg Abel is going to be a very different Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) CEO than Warren Buffett . Abel has a proven track record in operational management and striking strategic deals, but he's untested when it comes to portfolio management. While Berkshire has a broad portfolio of operating businesses, the company's marketable equity portfolio and liquid assets absolutely dwarf the...
Greg Abel is going to be a very different Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) CEO than Warren Buffett . Abel has a proven track record in operational management and striking strategic deals, but he's untested when it comes to portfolio management. While Berkshire has a broad portfolio of operating businesses, the company's marketable equity portfolio and liquid assets absolutely dwarf them. Abel's strategy as head of Berkshire is to establish core positions that will anchor the portfolio. Luckily, he's taking control from one of the best investors of all time, and that guy's still sticking around as a sounding board for Abel. In the new CEO's first letter to shareholders, he outlined nine core positions for Berkshire Hathaway, and they currently combine to account for roughly 60% of the $320 billion portfolio's value. Image source: Getty Images. Continue reading
Blue and green bonds have emerged as a potential way for African nations to close a massive financing gap. Bloomberg's Yinka Ibukun explains how water bonds could help play a role. (Source: Bloomberg)
Blue and green bonds have emerged as a potential way for African nations to close a massive financing gap. Bloomberg's Yinka Ibukun explains how water bonds could help play a role. (Source: Bloomberg)
Two empty supertankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf on Sunday, only to make a last-minute U-turn just as peace negotiations between the US and Iran broke down, threatening a fragile ceasefire. A trio of very large crude carriers — all without direct links to Iran — began to approach the narrow waterway from the Gulf of Oman late on Saturday, sh...
Two empty supertankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf on Sunday, only to make a last-minute U-turn just as peace negotiations between the US and Iran broke down, threatening a fragile ceasefire. A trio of very large crude carriers — all without direct links to Iran — began to approach the narrow waterway from the Gulf of Oman late on Saturday, ship-tracking data show, arriving near Iran’s Larak island early on Sunday. At that effective checkpoint, Iraq-bound Agios Fanourios I and Pakistan-flagged Shalamar , destined for Das island in the United Arab Emirates, turned back. A third VLCC, Mombasa B , was sailing ahead and made its way between Larak and Qeshm islands, an Iran-approved route into the Persian Gulf. It is not currently signaling a clear destination. The specific reasons behind the about-turns — and the third, successful passage — are not clear, as both Iraq and Pakistan had earlier received approvals from Iran to transit the strait. But their change of heart came just as negotiators in Islamabad announced they had failed to reach a deal . The Strait of Hormuz is one of the world’s most important energy thoroughfares and its effective closure since the US and Israel began strikes on Iran six weeks ago has resulted in unprecedented supply disruption. Its reopening has been a crucial point of discussion during weekend negotiations, but remains an area of disagreement . In recent weeks, several ships have attempted to transit the strait only to abort their efforts, reflecting a constantly changing security situation and persistently high risks. The vast majority have been attempting to leave the Persian Gulf, but empty tankers are also needed inside, to be loaded with new cargoes. Two Chinese container ships U-turned late last month before finally successfully exiting, while a liquefied natural gas carrier turned back last week. A successful exit by all three ships on Sunday would have continued a positive up...
A multimillion-pound industry has sprung up promising it can detect sensitivities to certain ingredients with a simple remote finger prick test. But the results can be misleading – and even dangerous My kitchen table is littered with tiny test tubes, envelopes and plastic lancets. At one end of the table, I have a parcel containing everything I need to take a food intolerance blood test, sold by o...
A multimillion-pound industry has sprung up promising it can detect sensitivities to certain ingredients with a simple remote finger prick test. But the results can be misleading – and even dangerous My kitchen table is littered with tiny test tubes, envelopes and plastic lancets. At one end of the table, I have a parcel containing everything I need to take a food intolerance blood test, sold by one of the best-known companies in this market, as well as one of their food and environmental allergy tests, a package deal that cost me just over £200. At the other end, I’ve arranged everything I need to do a top-of-the-range ALEX2 allergy blood test, which I got from the allergy clinic run by Dr Helen Evans-Howells, a GP and allergy specialist who runs clinics in Hampshire, Belfast and online. This costs £295 and comprises two lancets, which I will soon be using to puncture tiny holes in several of my fingertips; a blood tube; disinfecting wipes; and a return envelope. In the middle of the table, I have a large bowl of hot water, in which my left hand is soaking. I’ve also cut off a lock of my hair, which is now in a sandwich bag ready to be sent to a lab tomorrow for bioresonance testing. My plan is to compare the three sets of results, all from samples taken on the very same day. Given that I don’t have any food or environmental allergies or intolerances, all three tests should show exactly the same thing: nothing. Continue reading...
Turn your attention to your internal landscape rather than the next building project. Make your next project yourself My wife and I are in our late 60s. The past 20 years have felt like treading water, as all my funds are tied up in a property that, for complex reasons, I am unable to sell. We are both creative. Over the past year or so I’ve made some improvements to our house, things that make pe...
Turn your attention to your internal landscape rather than the next building project. Make your next project yourself My wife and I are in our late 60s. The past 20 years have felt like treading water, as all my funds are tied up in a property that, for complex reasons, I am unable to sell. We are both creative. Over the past year or so I’ve made some improvements to our house, things that make people say wow. I enjoy seeing their pleasure, but their praise isn’t hugely important to me . In fact, I am somewhat reclusive . I do not enjoy being part of a wider community and I’m content with a handful of close friends. Last year my father died, and after a period of despair, during which I found myself contemplating suicide (I did not share this with my wife), I turned first to Samaritans, then a therapist. Continue reading...
Exclusive: US state is targeting corporate heavyweights in the UK with subsidies and incentives Y’all Street: Bullish Dallas aims to steal New York’s crown The US state of Texas is putting UK businesses in its crosshairs with the launch this month of a dedicated London office to lure jobs and investment to the low-tax Lone Star State. Texas recently secured approval for the new site, adding to a g...
Exclusive: US state is targeting corporate heavyweights in the UK with subsidies and incentives Y’all Street: Bullish Dallas aims to steal New York’s crown The US state of Texas is putting UK businesses in its crosshairs with the launch this month of a dedicated London office to lure jobs and investment to the low-tax Lone Star State. Texas recently secured approval for the new site, adding to a growing list of international offices from which it can try to draw corporate heavyweights across its borders. Continue reading...
Industry experts say booking of controversial US rapper was calculated risk that has implications for all festivals The fallout over Wireless announcing Ye (formerly known as Kanye West) as its 2026 headliner was both swift and considerable. Last Sunday, major sponsors of the three-day festival, including Pepsi and Diageo, began to withdraw their involvement in the face of a significant backlash t...
Industry experts say booking of controversial US rapper was calculated risk that has implications for all festivals The fallout over Wireless announcing Ye (formerly known as Kanye West) as its 2026 headliner was both swift and considerable. Last Sunday, major sponsors of the three-day festival, including Pepsi and Diageo, began to withdraw their involvement in the face of a significant backlash to Ye’s shocking pronouncements on the Jewish community and the Holocaust. UK Jewish groups threatened to protest if the shows went ahead. Keir Starmer called the decision to book the rapper who wrote a song titled Heil Hitler “deeply concerning”. Continue reading...
Described as the ‘must-have’ home accessory of 2026, sales of ‘posh’ matchboxes are up 121% at Selfridges Goodbye Swan Vesta, hello Cartier. Matchboxes are the latest home accessory to get a luxury makeover – and some of the price tags are striking. At the upmarket department store chain Selfridges, sales of posh matchboxes are up 121% year-on-year and it said they were “the must-have home accesso...
Described as the ‘must-have’ home accessory of 2026, sales of ‘posh’ matchboxes are up 121% at Selfridges Goodbye Swan Vesta, hello Cartier. Matchboxes are the latest home accessory to get a luxury makeover – and some of the price tags are striking. At the upmarket department store chain Selfridges, sales of posh matchboxes are up 121% year-on-year and it said they were “the must-have home accessory for 2026”. The store has more than doubled its range to meet demand, selling over 100 styles at prices ranging from £5 to more than £230. Continue reading...
Rosemary Adaser, 70, would lose £1,000 a month in benefits, while her twin brother in Ireland got full amount with no penalty A twin sister and brother were separated from their parents in Ireland’s mother and baby home scandal – but only one of them can be compensated without being penalised. Rosemary Adaser, 70, of Ealing, west London, was among tens of thousands of children placed in abusive in...
Rosemary Adaser, 70, would lose £1,000 a month in benefits, while her twin brother in Ireland got full amount with no penalty A twin sister and brother were separated from their parents in Ireland’s mother and baby home scandal – but only one of them can be compensated without being penalised. Rosemary Adaser, 70, of Ealing, west London, was among tens of thousands of children placed in abusive institutions for being born out of marriage in Ireland. Continue reading...
The British may not have the most sophisticated palates, but we are adorable in our culinary urges As we sit awaiting the beef rib trolley in the Grand Divan dining room at the whoppingly sized Simpson’s-in-the-Strand , we fizz with ideas of how to describe its wildly unfettered quaintness. “It’s all a bit Hogwarts, isn’t it?” I say to my friend Hugh. He’s been four times already, but then, Simpso...
The British may not have the most sophisticated palates, but we are adorable in our culinary urges As we sit awaiting the beef rib trolley in the Grand Divan dining room at the whoppingly sized Simpson’s-in-the-Strand , we fizz with ideas of how to describe its wildly unfettered quaintness. “It’s all a bit Hogwarts, isn’t it?” I say to my friend Hugh. He’s been four times already, but then, Simpson’s is that kind of place: a handy-as-heck, posh canteen a short stroll from Covent Garden. There’s a twinkly, ye olde cocktail bar upstairs as well as Romano’s with its more European-style menu. But, for now, let’s concentrate on the Grand Divan. “It’s all very Samuel Pepys’ London,” Hugh says. Continue reading...
As large tech companies struggled this year, investors have had a chance to reevaluate their portfolios and identify where they may be underexposed to certain sectors. One of those sectors may be healthcare, which is easy to understand. Because artificial intelligence (AI) has commanded the spotlight for the last several years and policy uncertainty swirls around that industry, it was easy for pha...
As large tech companies struggled this year, investors have had a chance to reevaluate their portfolios and identify where they may be underexposed to certain sectors. One of those sectors may be healthcare, which is easy to understand. Because artificial intelligence (AI) has commanded the spotlight for the last several years and policy uncertainty swirls around that industry, it was easy for pharmaceutical stocks to slip under the radar. That's why we'll look at two stocks that have climbed this year while the S&P 500 has slipped, to see if there's more momentum ahead. Those two are Johnson & Johnson (NYSE: JNJ) and Pfizer (NYSE: PFE) . Continue reading
Trump reported saying he will issue mass pardons at end of term; vice-president says Iran and US at an impasse over nuclear weapons question – key US politics stories from Saturday 11 April at a glance After granting unconditional pardons to 1,500 people who participated in the 6 January 2021 US Capitol attack at the start of his presidency, Donald Trump has signalled there could be more to come. ...
Trump reported saying he will issue mass pardons at end of term; vice-president says Iran and US at an impasse over nuclear weapons question – key US politics stories from Saturday 11 April at a glance After granting unconditional pardons to 1,500 people who participated in the 6 January 2021 US Capitol attack at the start of his presidency, Donald Trump has signalled there could be more to come. “I’ll pardon everyone who has come within 200 feet of the Oval [Office],” the president reportedly said in a recent meeting, garnering laughs from the room, according to a Wall Street Journal report citing an anonymous source. Continue reading...
The average one-year price target for Exxon Mobil (XTRA:XONA) has been revised to 135,74 € / share. This is an increase of 11.94% from the prior estimate of 121,26 € dated February 23, 2026. The price target is an average of many targets provided by analysts.
The average one-year price target for Exxon Mobil (XTRA:XONA) has been revised to 135,74 € / share. This is an increase of 11.94% from the prior estimate of 121,26 € dated February 23, 2026. The price target is an average of many targets provided by analysts.
The average one-year price target for Jabil (BIT:1JBL) has been revised to €257.34 / share. This is an increase of 11.72% from the prior estimate of €230.33 dated February 23, 2026. The price target is an average of many targets provided by analysts. The lates
The average one-year price target for Jabil (BIT:1JBL) has been revised to €257.34 / share. This is an increase of 11.72% from the prior estimate of €230.33 dated February 23, 2026. The price target is an average of many targets provided by analysts. The lates