Warren Buffett Buys £28M Worth of Occidental Petroleum Shares, Bumps Stake to 28.2% Ahead of Q4 Results

Warren Buffett Buys £28M Worth of Occidental Petroleum Shares, Bumps Stake to 28.2% Ahead of Q4 Results

According to an 11th February Securities and Exchange Commission (SEC) filing, Berkshire Hathaway Chair Warren Buffett increased his stake in Occidental Petroleum (NYSE:OXY) by purchasing 763,017 company shares worth north of £28 million. Buffett’s latest move comes ahead of Occidental Petroleum’s (NYSE:OXY) Q4 results, which will be released on 19th February. The Oracle of Omaha … Read more

Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown

Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown

By JOSH BOAK WASHINGTON (AP) — President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax rates charged by other countries. “It’s time to be reciprocal,” Trump told reporters earlier this … Read more

Elon Musk Dismantles USAID, Issues Social Security Warnings but Yet To Curb Congressional Insider Trading

Elon Musk Dismantles USAID, Issues Social Security Warnings but Yet To Curb Congressional Insider Trading

Elon Musk’s US Department of Government Efficiency (DOGE) is tasked with streamlining government processes and reducing unnecessary spending. In doing so, DOGE has taken drastic steps like dismantling the USAID in early February and issuing threats to federal entitlements, including Social Security, either claiming these are “criminal organisations” or involved in massive fraudulent activities. USAID, … Read more

Bitcoin Prices Will Soar to £800K ‘Violently’ in 2025 Due to Hyperbitcoinisation, Says JAN3 CEO

Bitcoin Prices Will Soar to £800K ‘Violently’ in 2025 Due to Hyperbitcoinisation, Says JAN3 CEO

Bitcoin prices have surged by over 63% in the past six months to hover above £77,000 on 12th February, primarily driven by Donald Trump’s pro-crypto stance. Amid diverse speculations that the token price could reach new highs this year, Jan3 CEO Samson Mow recently reiterated his forecast that BTC prices would “violently” soar to £803,199 … Read more

Beijing slams Taiwan’s ‘absurd’ DeepSeek ban, dismisses security fears

Beijing slams Taiwan’s ‘absurd’ DeepSeek ban, dismisses security fears

Beijing has condemned Taiwan’s ruling party for ordering a ban on DeepSeek in government departments and public schools, while calling for cross-strait cooperation on artificial intelligence (AI). The Taiwan Affairs Office (TAO) of the State Council, which handles cross-strait relations and policies, also highlighted the global “popularity” of the AI model from the mainland start-up … Read more

Trump administration orders consumer protection agency to stop work

Trump administration orders consumer protection agency to stop work

WASHINGTON — The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought, the newly installed director of the Office of Management and Budget, directed the CFPB to … Read more

Bank of England’s Bailey says UK can’t avoid U.S. tariff impact

Bank of England’s Bailey says UK can’t avoid U.S. tariff impact

Even if the U.K. is not the “direct recipient” of potential tariffs imposed by the U.S., “it will have an effect,” Bank of England Governor Andrew Bailey said Thursday. If tariffs are announced, their effect on the global economic growth and inflation would need to be looked at, Bailey told CNBC’s Steve Sedgwick. “Now I … Read more

CIA offers buyouts to employees as Trump aims to transform federal government

CIA offers buyouts to employees as Trump aims to transform federal government

The CIA confirmed Wednesday that it offered buyouts to employees who volunteer to resign, the latest group of federal workers to receive such a proposal as President Trump pushes to transform the federal government. A CIA spokesperson declined to say how many people received the offers or whether they face any deadline to decide.  However, … Read more

Looking To Invest in Firms Like DeepSeek? Buy Early-Stage Market Disruptors via Investment Trusts

Looking To Invest in Firms Like DeepSeek? Buy Early-Stage Market Disruptors via Investment Trusts

Identifying stock market disruptors is challenging. These companies emerge from nowhere and show promise to transform our lives. The latest disruption in the global tech sector was caused by China’s DeepSeek R1 AI model, supposedly developed for a fraction of the cost of building AI models like ChatGPT. The DeepSeek launch challenged the narrative that … Read more

Chinese consumer confidence ‘really bad’ during Lunar New Year period, strategist says

Chinese consumer confidence ‘really bad’ during Lunar New Year period, strategist says

Shaun Rein, founder and managing director of China Market Research Group, discusses the Chinese economy. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their … Read more