Markets

Warren Buffett isn’t sure Berkshire Hathaway can beat the S&P 500

The legendary investor Warren Buffett predicts Berkshire Hathaway may only modestly outperform the S&P 500, if at all. The Berkshire CEO made the comment in a wide-ranging interview with the Financial Times. Buffett also noted that Berkshire may buy back as much as $US100 billion of its own stock if […]
Warren Buffett isn’t sure Berkshire Hathaway can beat the S&P 500
Markets

German payments-company Wirecard is suing the Financial Times for its coverage

The German payments-company Wirecard is suing the Financial Times over its investigative reports into its business practice, according to Reuters. Wirecard has been the focus of a series of articles in the Financial Times which the company alleges used and misrepresented business secrets. The Financial Times’ reporting has hit Wirecard’s […]
German payments-company Wirecard is suing the Financial Times for its coverage