Live news: Buffett’s Berkshire reduces Bank of America stake below 10% on facebook (opens in a new window) Live news: Buffett ...

Eli Lilly’s shares have surged 750 per cent over five years. Novo Nordisk’s are up about 360 per cent in the same period.

HSBC chief executive Georges Elhedery plans to target the lender’s expensive layer of senior bankers in a cost-cutting restructure that will aim to save as much as $300mn, according to people familiar ...

Also in today’s newsletter, a look at Google’s future after election day and voters feel inflation pain in Michigan ...

Insurance shares jumped after early suggestions that the damage caused by Hurricane Milton was not as severe as some ...

Zantac settlement should ease investors’ nervousness but long-standing concerns about drugmaker’s pipeline remain ...

Portugal is planning to turn itself into a low-tax haven for young adults by offering a decade of tax breaks to people ...

Most of the art this year is on the safe side, a reflection of a risk-averse market, but the energy at the contemporary art ...

It’s likely fiscal stimulus is too small to move the needle and unlikely even to resolve the country’s housing market stasis ...

Offences against Jewish people more than double in year to March while number of incidents against Muslims also rises ...

Making Europe safe for democracy will take much more than just maintaining Nato country defence budgets at 2 per cent of GDP, according to the organisation’s outgoing secretary-general Jens ...

IDA, the World Bank’s concessional fund for the poorest countries, must be replenished to a level commensurate with historically high needs, namely a real terms increase on the last replenishment — ...