In Berkshire Hathaway’s Form 13F regulatory filing, the company, owned by billionaire Warren Buffett, revealed it had bought a stake in banking giant Citigroup. Berkshire Hathaway purchased 55.2 million shares, or approximately 2.8% of Citigroup’s outstanding shares, for a total value of around $2.95 billion. Berkshire Hathaway’s average cost per share was around $53.40. At […]
Amanda Blanc, who became the first female CEO of insurance giant Aviva in 2020, has called out sexism in the industry, saying “unacceptable behaviour” has only increased since she started in more senior roles. At the company’s annual general meeting on Monday, shareholders made “sexist and derogatory comments” which Blanc says she is “pretty used […]
Remember that not every option will work for every company, so be sure to tailor these ideas to fit your specific needs. With a bit of creativity and hard work, you can turn your business around and start seeing a healthy influx of cash. Without much ado, let's get started. How To Keep Cash Flow […]
The deal was shaken upon on Monday following weeks of speculation about Twitter’s future after Elon Musk’s emergence as the platform’s largest single shareholder on 4 April. On 14 April, Musk announced a takeover bid, offering $54.20 per share in the social media giant. Though initially opposed to the takeover, Twitter’s board warmed to the […]
We have to be honest with the situation we find ourselves in, the current phenomenon of cryptocurrency is male-dominated, much like any other aspect of the tech or finance industry. From the terminology used to the shocking statistics, there are many reasons why women aren’t invested in crypto or Bitcoin. Did you know only 25% […]
On Monday, Tesla and SpaceX CEO Elon Musk said that Twitter’s board of directors will not receive a salary if his acquisition of the company is successful. In a Tweet, Musk wrote, “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there.” Presently, Twitter spends approximately $2.9 million in cash […]
Speaking to CNBC, Antoni Trenchev predicted the world’s largest cryptocurrency would surge above the $100,000 mark within the next 12 months, though said he was concerned about Bitcoin’s short-term prospects. Trenchev said the cryptocurrency may fall in tandem with traditional financial markets as the Federal Reserve begins its monetary stimulus programme. However, this could potentially […]
Most business owners will tell you that if there’s one certainty that comes with running a business it’s this: the unexpected can and does happen. In other words, things don’t always go according to plan. Whether it’s an unexpected tax bill, equipment breakdown, or late invoice payment, many unforeseen things in business can spell disaster […]
The UK’s economic recovery has got the vast majority of businesses concerned about inflation for the first time in at least a decade. The current CPI is set at 6.1% as of February 2022 but is expected to rise to 8% by the end of spring, leading to many businesses needing to reconsider their cash flow […]
Confidence among UK business leaders collapsed in March as Russia’s attack on Ukraine continued and rising costs and soaring inflation weighed heavily. This is according to a survey conducted by the Institute of Directors (IoD). The IoD found that over half (53%) of business leaders say that spiralling energy costs are exerting a negative impact […]
However, as many already know by now, the term Metaverse was coined by Neal Stephenson in his 1992 science fiction novel entitled Snowcrash, where humans interacted with each other as avatars. In his book, the Metaverse is referred to as a digital universe accessible with virtual reality (VR). Today, the Metaverse is a digital world […]
“We applaud the efforts the Chancellor has made to help out those most in need. But we are disappointed that the wider Government has done little or nothing within its powers to increase the underlying supply of goods, energy and skilled workers,” Next said. “It is important to recognise that Government interventions to ‘pay for’ […]
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