Berkshire shares tumble as Warren Buffett prepares to step down
Conglomerate’s stock underperforms market by second widest margin since 1990
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Tech does not deserve special legal treatment
Pulling down regulatory barriers to aid innovation ignores the fact that they protect the public from harm
OpenAI in talks for share sale valuing company at $500bn
Valuation would make ChatGPT maker world’s most valuable private technology group
FCA fines Neil Woodford and his company £46mn for management failures
UK regulator bans former star manager but it is unclear how his company would pay its £40mn penalty
Trump readies fresh sanctions against Russia’s shadow fleet
US president has threatened Vladimir Putin with punitive measures to force him to end war in Ukraine
Apollo assets hit record high as markets whipsaw on Trump’s tariffs
Group draws in $61bn in second quarter, bringing assets under management to $840bn