Tesla chief executive Elon Musk’s mission is to make Tesla more of a global player in markets such as Asia and Europe. File photograph: Getty

Tesla, Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability on Monday, getting named to one of the world’s most(...)

Snowflake has attracted investors with a fast-growing base of customers for its data warehousing product. Photograph: iStock

Snowflake raised the largest initial public offering ever for a US software company, in the latest sign of Wall Street’s huge demand for cloud computi(...)

Berkshire Hathaway chairman Warren Buffett has bet heavily on Japan.

Berkshire Hathaway has bought a 5 per cent stake in each of Japan’s five biggest trading houses, together worth over $6 billion (€5 billion) , marking(...)

On Monday markets were bolstered by data showing further improvement in China’s services sector, while Japanese equities recovered from declines last week.

Stock indices from New York to Tokyo have pushed higher over the past month in the biggest August market bonanza in decades. A sagging US dollar has (...)

A rise in New York tech stocks tempered a slide for banks. Photograph: Johannes Eisele/AFP

European stocks edged higher amid light trading on Monday after fluctuating throughout the session, as investors focused on the reintroduction of trav(...)

Berkshire Hathaway chief executive Warren Buffett. The holding company said the effects of the pandemic on the airline sector ‘continues to be particularly severe’. Photograph: Johannes Eisele/AFP

Warren Buffett’s Berkshire Hathaway reported a surge in profits in the second quarter as the value of its stock portfolio rebounded, offsetting a near(...)

Coca-Cola’s second-quarter sales fell by 28 per cent year on year to $7.2 billion. Photograph: Ramin Talaie/Bloomberg

Coca-Cola has suffered its steepest quarterly sales drop in at least 25 years, in stark contrast to a resilient performance from its rival PepsiCo and(...)

Warren Buffett: Berkshire has now underperformed the S&P 500 over the last one-, five- and 10-year periods. Photograph: Getty Images

Are investors losing faith in Warren Buffett? High-profile hedge fund manager Bill Ackman revealed last week that he had sold his $1 billion stake in (...)

From 1926 through March 2020, dividends accounted for 40.2 per cent of the total return of the S&P 500. Photograph: Johannes Eisele/AFP via Getty Images

The swings of the stock market have been painful enough lately. But on top of the price declines that have kept many investors awake at night, another(...)

Warren Buffett usually gets busy buying during bear markets. Instead of being greedy while others are fearful in the current crisis, the legendary investor has been busy offloading his large stakes in airline stocks. Photograph: Johannes Eisele/AFP

Warren Buffett usually gets busy buying during bear markets. Instead of being greedy while others are fearful in the current crisis, the legendary inv(...)

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