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Berkshire Hathaway’s cash pile hits record as Warren Buffett dumps stocks
Finances

Berkshire Hathaway’s cash pile hits record as Warren Buffett dumps stocks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Berkshire Hathaway’s cash pile soared

Nikola goes bankrupt amid cash burn, files for Chapter 11 bankruptcy protection; EV maker stock crashes to all-time low
Stock Market

Nikola goes bankrupt amid cash burn, files for Chapter 11 bankruptcy protection; EV maker stock crashes to all-time low

Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle maker to

One in five PMS schemes hold over 10% in cash
Business

One in five PMS schemes hold over 10% in cash

Some portfolio managers are navigating the current market turbulence by bulking up on cash. Forty four out of the 207 portfolio management services (PMS) schemes

Record number of cash Isa products on offer
Finances

Record number of cash Isa products on offer

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of cash Isas

Scrapping cash Isas is a flawed idea
Finances

Scrapping cash Isas is a flawed idea

Patrick Jenkins argues that the cash version of the UK’s individual savings account be scrapped or reduced to £5,000 and an additional £20,000 per annum

Small, mid-sized I-banks cash in on IPO boom
Business

Small, mid-sized I-banks cash in on IPO boom

A number of small- and mid-sized investment banks have piggybacked on the boom in initial public offerings (IPO) over the past year or so. Data

Syria flies in fresh banknotes from Russia as cash crunch hits economy
Finances

Syria flies in fresh banknotes from Russia as cash crunch hits economy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Syria’s central bank has flown