China cracks down on foreign companies stockpiling rare earths
Beijing determined to retain leverage over supply by preventing buyers from building large inventories
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Buffett’s Berkshire offloaded Apple shares again in second quarter
Conglomerate resumed selling the Big Tech group’s stock during period of US tariff turmoil
Buffett’s Berkshire dumped Apple shares again in second quarter
Conglomerate has reduced its exposure to publicly traded equities over the past three years
BlackRock strikes $11bn Saudi Arabian natural gas deal
Agreement is kingdom’s latest effort to attract foreign capital
Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts
The Jefferies strategist told CNBC that central bankers shouldn’t be daunted by the PPI showing inflation pressures hotter than expected.
Klarna’s loss widens as fintech readies another shot at New York listing
Revenues jump a fifth to $823mn as Swedish buy now, pay later group continues US expansion and neobank drive