Category: finance
-
U.S. Clears Path for Sale of Lukoil’s International Assets
Washington/New York/London, November 14, 2025 – The U.S. Treasury has authorized potential buyers to enter negotiations to purchase Lukoil’s foreign assets, including its Burgas refinery in Bulgaria, after the country moved to seize the plant. This decision comes amid ongoing sanctions on Russia’s major oil companies, Lukoil and Rosneft, imposed last month due to Russia’s
-
Serbia Obtains Temporary Relief for Sanctioned Oil Company NIS
Belgrade, November 15, 2025 – Serbia has successfully secured a three-month reprieve for the Russian-owned oil firm NIS (Naftna Industrija Srbije), which is currently under U.S. sanctions. The temporary exemption comes at a critical time as the country faces potential fuel supply challenges ahead of the winter season, according to a senior government official. NIS,
-
U.S. Trade Tribunal Launches New Apple Watch Import Ban Review Amid Masimo Patent Dispute
The U.S. International Trade Commission (ITC) has announced a new proceeding to determine whether imports of Apple’s updated Apple Watches should be banned, continuing a protracted legal battle with medical technology company Masimo Corp (MASI.O) over blood-oxygen monitoring patents. The ITC order states that the investigation will examine whether Apple Watches, redesigned to circumvent a
-
Activist Hedge Fund Starboard Sells Pfizer Stake After Push for Corporate Changes
Activist investor Starboard Value has fully exited its position in Pfizer Inc. (PFE.N), according to a regulatory 13-F filing released Friday, ending its campaign aimed at boosting the pharmaceutical giant’s shareholder value. The hedge fund sold approximately 8.5 million Pfizer shares during the third quarter, reducing its stake from 15.4 million shares at the end
-
US Hedge Funds Trim “Magnificent Seven” Tech Stakes in Q3 While Increasing Exposure to Software, Payments, and E-Commerce
Wall Street’s largest hedge funds significantly reduced their exposure to the so-called “Magnificent Seven” stocks during the third quarter of 2025. Key technology names affected include Nvidia (NVDA.O), Amazon (AMZN.O), Alphabet (GOOGL.O), and Meta (META.O), according to the latest SEC 13-F filings. Meanwhile, several funds increased positions in application software, e-commerce, and payments sectors, reflecting
-
Hedge Funds Trim Megacap Tech Holdings in Q3 While Betting on Software, E-Commerce, and Payments
Several of Wall Street’s largest hedge funds reduced their exposure to the so-called “Magnificent Seven” stocks in the third quarter of 2025, including Nvidia, Amazon, Alphabet, and Meta, according to the latest SEC disclosures. At the same time, these funds increased positions in sectors such as application software, e-commerce, and payment processing, signaling a shift
-
Berkshire Hathaway Adds $4.3 Billion Alphabet Stake, Further Reduces Apple Holdings Ahead of Buffett’s CEO Exit
Berkshire Hathaway (BRKa.N) has revealed a new $4.3 billion stake in Alphabet Inc. (GOOGL.O) while further trimming its long-held Apple (AAPL.O) shares, marking one of the last portfolio updates under Warren Buffett’s 60-year tenure as CEO. The disclosure, filed with the U.S. Securities and Exchange Commission (SEC), underscores Berkshire’s strategic positioning in the technology sector
-
Trump Rolls Back Tariffs on Coffee, Beef, and Other Foods Amid Rising Inflation Concerns
In a significant policy shift, U.S. President Donald Trump announced on Friday a rollback of tariffs on over 200 food products, including popular staples such as coffee, beef, bananas, tomatoes, and orange juice. The move comes amid growing concerns among American consumers over the rising cost of groceries and household goods. The tariff exemptions, which
-
China to Tighten Oversight on Used-Car Exports and Prevent New Cars Being Shipped as “Used”
Beijing, China – November 14, 2025 – China’s Ministry of Commerce announced on Friday that it will strengthen oversight of used-car exports and strictly control the export of new vehicles under the guise of used cars. The new regulations aim to curb a long-standing grey market practice in which brand-new vehicles are exported shortly after
-
Swiss-U.S. Trade Deal Could Lower Tariffs on Swiss Exports as Details Emerge
Zurich, Switzerland – November 14, 2025 – Details of a potential trade deal between Switzerland and the United States aimed at reducing crippling tariffs on Swiss exports could be announced as soon as Friday, although full implementation may take months, according to Richemont Chairman Johann Rupert. The proposed deal seeks to address the 39% U.S.
Recent Posts
- Real Madrid Top Earners Globally as Liverpool Surpasses Manchester United
- Andoni Iraola’s Future at Bournemouth Remains Uncertain Amid Transfer and Contract Questions
- “Over 5,000 Men Want to Marry Me” — Nkechi Blessing Cries Out Over DM Flood
- Fela’s Daughter Fires Back at Wizkid Amid Seun Kuti Feud
- Chioma Sparks Reactions With Humorous Response to Unwanted DMs
Hi, this is a comment. To get started with moderating, editing, and deleting comments, please visit the Comments screen in…