Warren Buffett has ended his annual donations to the Bill and Melinda Gates Foundation following revelations of Bill Gates' ties to Jeffrey Epstein. Buffett will instead distribute his remaining Berkshire Hathaway shares to family foundations by 2034.
3 min readThe BBC's annual report reveals significant financial challenges amid declining licence fee revenue and changing media habits, urging a new funding model as it faces a critical moment for public service broadcasting.
6 min readA 67 million-year-old Tyrannosaurus rex fossil named Gus sold for a record £37.4m at Sotheby's, marking the highest price ever paid for a dinosaur. The specimen is over 60% complete and shows evidence of injuries sustained during its life. The buyer remains undisclosed.
3 min readUS inflation eased to 3.5% in June as gasoline prices fell 9.7%, but rising Middle East tensions threaten to push oil prices higher again.
1 min readOil and gas prices surged following US-Iran tensions, pushing Brent crude to $87.08. This raised inflation fears, prompting markets to price in UK and ECB interest rate hikes by year-end.
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