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UAE invests heavily in AI infrastructure amid shifting global market dynamics
Goldman Sachs' president, John Waldron, is seen as a frontrunner to succeed David Solomon as CEO, with a career marked by a strong work ethic and client relationships. Meanwhile, the IPO market is cautiously reopening, with tech start-ups like CoreWeave and Klarna planning listings, although concerns linger due to recent market volatility.
esoteric debt market surges as investors seek unique financial products
Walgreens Boots is in talks for a sale to Sycamore Partners, while Domino’s bids for Wingston’s UK franchise. In a significant move, a federal judge blocked Kroger's $24.6bn merger with Albertsons, favoring antitrust regulators. Meanwhile, Evergrande's liquidation efforts face challenges as its assets are primarily in mainland China, complicating recovery for investors.
Berkshire Hathaway's future leadership after Warren Buffett's departure
Berkshire Hathaway is navigating a pivotal leadership transition as it prepares for a future without Warren Buffett. The annual shareholder meeting in Omaha highlighted concerns about the company's direction, particularly regarding its energy sector and the potential of Greg Abel to succeed Buffett. Key discussions also focused on the challenges facing its insurance operations and the search for a capable stockpicker to follow in Buffett's footsteps.
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