Berkshire raises stake in Apple by 55%, cuts Wal-Mart stake by 27.2%
Warren Buffett's multi-billion-dollar conglomerate Berkshire Hathaway increased its stake in Apple by 55 percent as of June 30. Berkshire owned 15.23 million Apple shares worth US$1.46 billion as of June 30, [...]
Best-Paid CEOs Run Some of Worst-Performing Companies
The best-paid CEOs tend to run some of the worst-performing companies and vice versa—even when pay and performance are measured over the course of many years, according to a new [...]Arab states will struggle to reduce youth unemployment
State dominance and high birth rates undermine regional states' ability to create enough jobs for the young. The Middle East and North Africa (MENA) faces a youth bulge at a [...]External shocks accentuate Central Asian weaknesses
Frontier Markets Update Governments muddled along through stagnation, but have been confounded by low oil prices and a malfunctioning Russia. The five Central Asian states were ill-prepared to deal with [...]Egyptian economy will take years to improve
Cairo's priority is to address energy and dollar shortages as President Abdel Fattah el-Sisi is struggling to turn around the country's economy. Dollar shortages are acute, and streams of foreign-exchange income, such [...]Oil exporters share fiscal troubles, not resilience
Outlook Most oil producers share fiscal troubles and large budget deficits, which they are trying to address. Saudi Arabia, the largest oil exporter, is considering diversifying its economy, together with [...]Facebook just had another outstanding quarter.
The social media giant’s Q2 earnings report beat expectations on both earnings and revenue, with earnings of 97 cents per share (analysts predicted 81 cents) and revenue of $6.44 billion [...]Here's How the Cloud is Helping Tech Stocks Win.
Earnings season is off to an inconsistent start, with big name brands like Netflix NFLX, Chipotle CMG, and Starbucks SBUX struggling with revenue numbers and customer growth. On the tech [...]Netflix subscriber numbers whiff, stock collapses
Netflix (NFLX) reported disappointing Q2 numbers after the closing bell and shares plunged 15%, the company added only 160,000 domestic subscribers compared to the already reduced guidance of 500,000. Meanwhile, [...]Frontier Markets Update
In the chart above, African equities have been the worst hit since the year began followed closely by Middle East. On Africa almost all markets are down year-to-date apart from [...]4ODD – A solution for Sportsbook, Exchange, and Casino
Are you tired of constantly switching between different websites to enjoy your favorite betting activities? Wouldn’t it be more convenient if you could access casino games, sportsbook options, and exchange [...]BetSpider – A review
Being a bettor nowadays demands more than what a single bookmaker or exchange can offer. There is a need to maximize profits that has driven many to open multiple accounts [...]
