Gold Bugs Ride High Amid the Muted US Dollar

At the time of drafting this report, gold traded at around $1,775 per ounce.

and ChloƩ Zhao, and the K-pop group Blackpink are among the list of politicians, entrepreneurs, athletes and entertainers honored.

Having written $4.6 billion off the value of the businesses in 2018, Verizon will get just $4.25 billion in cash from private equity firm Apollo Global, along with preferred interests of $750 million and a 10% stake in the unit – about half of what it had paid for the businesses.

The new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion as at the end of February, based on regulatory filings cited by the WSJ.

For some Berkshire Hathaway shareholders a list of post-pandemic challenges including looming inflation, a dearth of acquisitions and more environmental and social disclosure demands are prompting a rethink on Warren Buffett’s conglomerate.

The Institute for Supply Management said on Monday its index of national factory activity fell to a reading of 60.7 last month after surging to 64.7 in March, which was the highest level since December 1983.

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