Like Indonesia, Egypt is building a new capital — although in this case, it’s responding to the challenge of overcrowding. The existing capital, Cairo, is home to about 22 million people, making it one of the world’s most densely populated metropolitan…
Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels. The Warren Buffett-led conglomerate posted an operating profit — which encompasses earnings from the company’s wholly owned businesses…
U.S. spot bitcoin exchange-traded funds saw a total daily net outflow of $120.64 million on Wednesday as eight products recorded saw zero flows, according to data from SoSoValue. Grayscale’s GBTC had $130.42 million leave the converted bitcoin ETF, while Fidelity…
South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, reversing a loss of 2.58 trillion won logged in the same period a year ago. This was the…
For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted to ban noncompete agreements, which bar millions of workers from leaving their employers to…
MELBOURNE/LONDON, April 25 (Reuters) – BHP Group (BHP.AX), opens new tab bid $38.8 billion for Anglo American (AAL.L), opens new tab on Thursday, offering a deal to forge the world’s biggest copper miner and driving its smaller rival’s shares 14% higher. Mining’s latest move…