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Monthly Archives: November 2023

A showdown is brewing over money, oil and carbon

In this aerial view water vapour and exhaust rise from the steel mill of Salzgitter AG, one Europe’s largest steel producers, on November 22, 2023 in Salzgitter, Germany. Sean Gallup | Getty Images News | Getty Images Policymakers and business leaders from across the globe are set to arrive in …

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Huawei pushing its tech into EVs with cars, automaker partnerships

SHANGHAI, CHINA – NOVEMBER 12, 2023 – Customers experience Luxeed S7, the first intelligent pure electric vehicle, at Huawei’s flagship store in Shanghai, China, November 12, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — Chinese telecommunications and smartphone giant Huawei is doubling down …

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New Zealand dollar spikes as RBNZ holds rates, warns of more hikes

Pedestrians walk past the Reserve Bank of New Zealand headquarters in Wellington, New Zealand, on Thursday, Sept. 13, 2012. Mark Coote | Bloomberg | Getty Images The New Zealand dollar jumped 1% to nearly 0.62 against the U.S. dollar after the Reserve Bank of New Zealand held its official cash rate …

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Meta updates political ad rules to cover AI-generated images, videos

Facebook co-founder and Meta CEO Mark Zuckerberg sits in his seat inside a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Leah Millis | Reuters Meta revealed on Tuesday more details …

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South Korea markets will offer the highest earnings growth next year, Goldman Sachs says

Pedestrians walk across a road in Seoul on June 20, 2023. Anthony Wallace | Afp | Getty Images South Korean stocks have so far emerged as an undervalued and underloved part of Asia-Pacific equity markets but that is exactly what could make them attractive to investors next year, according to …

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Munger in final interview describes how he and Buffett turned Berkshire Hathaway into such a success

Today, Berkshire Hathaway is massive conglomerate worth north of $785 billion with businesses and investments all around the world. This exceeded Charlie Munger’s wildest dreams. “I did not think we’d ever have … so many hundreds of billions in Berkshire,” Munger, the former vice chairman of Berkshire, said in his …

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Big employers think workers have finally lost control of job market

Union strikes from Detroit to Hollywood have proven the power of workers and turned the tide after decades of a weakened labor movement, but the signs are increasing in the nationwide job market that the post-pandemic era of worker control over wage growth and job opportunities is coming to an …

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Disney CEO Bob Iger says he wants to build again during town hall

Bob Iger, Disney, at Apple program Source: Apple Disney Chief Executive Officer Bob Iger told employees Tuesday during an internal town hall that he is looking forward to “building again” after spending 2023 mending parts of the business that “needed attention.” “I feel that we’ve just emerged from a period …

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Charlie Munger’s greatest bits of investing advice from over the years

Charles Munger at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, April 29, 2022. David A. Grogan | CNBC Charlie Munger, Warren Buffett’s righthand man for nearly six decades, was a shrewd investment genius in his own right, passing on rich investing wisdom for generations of investors to learn …

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Amazon announces Q, an AI chatbot for businesses

Sopa Images | Lightrocket | Getty Images Amazon on Tuesday announced a new chatbot called Q for people to use at work. The product, announced at Amazon Web Services’ Reinvent conference in Las Vegas, represents Amazon’s latest effort to challenge Microsoft and Google in productivity software. It comes one year …

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