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Warren Buffett’s Berkshire Hathaway placed a $5.7bn (€4.8bn) bet on four US pharmaceutical stocks in the third quarter. File photograph: Getty

Warren Buffett’s Berkshire Hathaway placed a $5.7 billion (€4.8 billion) bet on four US pharmaceutical stocks in the third quarter, as the billionaire(...)

The FTSE 100 rose 0.4 per cent  on Monday after hitting an all-time high of 7,243.76 points in its 10th straight session of gain. Photograph:  Lauren Hurley/PA

European shares slipped on Monday as a pullback in bank stocks more than offset a stronger tech sector, while a drop in the pound drove Britain’s FTS(...)

Ryanair closed up almost a point. Photograph: Paul Thomas/Bloomberg

Trading is expected to be thin for the rest of this week as US markets close early today and all of Thursday for the US Independence Day holiday. Stoc(...)