Sunday , 24 May 2026

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Berkshire takes on short sellers with bet on furniture retailer

Bloomberg Berkshire Hathaway Inc’s new wager on furniture retailer RH has Warren Buffett’s company in a place it rarely finds itself: invested in a heavily shorted stock. RH is the most popular short in the home-furnishing retail sector with 37% of the shares available to trade on loan to bears, according to data from financial analytics firm S3 Partners. The …

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Roger Federer buys stake in Swiss shoemaker

Bloomberg Twenty-time Grand Slam tennis champion Roger Federer has bought a stake in Swiss running shoe manufacturer On, a move prompted by the end of his contract with Nike Inc and as he plans for life after professional tennis, Swiss newspaper NZZ am Sonntag reported. “I am excited to be able to work with a young Swiss company that’s on …

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UAE, US discuss ways to ensure regional security and stability

Washington / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation concluded his visit to Washington, DC after meeting with senior US government officials. Sheikh Abdullah met US Secretary of State Mike Pompeo. They discussed UAE-US cooperation to create mutual prosperity and ensure security in the Middle East and around the world. “The …

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