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Kevin O’Leary says he asks ‘what would Charlie Munger do?’ when considering deals
Posted onKevin O’Leary praised the late Charlie Munger’s discipline, saying he often asked “What would Charlie do?” when approaching potential deals. But, in a wide-ranging interview with Business Insider, O’Leary said Munger was wrong to trash crypto, which he called “rat poison” and worse. The “Shark Tank” investor said he was a “huge” fan and close…
Private jets: How plane makers are chasing Asias super-rich
Posted on“Here in Asia, and especially South East Asia, we’re particularly busy right now. Our market share is growing. We’re delivering more airplanes into the region… we’re very busy in Vietnam. In Singapore, Indonesia, Malaysia, Australia, New Zealand,” Scott Neal of Gulfstream said.
Spat deepens between Elon Musk and Ryanairs OLeary
Posted onElon Musk has suggested he could buy Ryanair and called for its chief executive to be fired amid a deepening spat between the pair. The budget airline on Tuesday branded the Tesla chief executive an “idiot”, and used the extraordinary row to promote its January sale. Musk and Ryanair boss Michael O’Leary have been trading…
Government borrowing costs jump on reports of Reeves dropping income tax rise
Posted onReuters UK government borrowing costs have risen in reaction to reports the chancellor will not increase income tax in the upcoming Budget. The interest rate on 10-year government bonds, known as the yield, jumped to 5.56% from 5.44%, indicating the cost to government if it chose to borrow over this length of time. The jump…
US reportedly pursuing third oil tanker linked to Venezuela
Posted onThe US Coast Guard is in “active pursuit” of another vessel in international waters near Venezuela as tensions in the region continue to escalate. US authorities have already seized two oil tankers this month – one of them on Saturday. Sunday’s pursuit related to a “sanctioned dark fleet vessel that is part of Venezuela’s illegal…
