Uber, Lyft, Doordash, Delivery Hero, Grab – you’ve used them or at least heard of them. They’ve raised an enormous amount of capital but are still reporting losses. What's going on?
In this video, we dissect the business models and finances of these gig economy companies to understand why they are still struggling to make profits.
The Basel Committee on Banking Supervision (BCBS) issued a public consultation on revisions to the Core principles for effective banking supervision ("Core Principles") on 6 July 2023
This reflects supervisory developments and structural changes affecting the banking system since the previous update in 2012.
It covers six areas:
- financial risks - operational resilience - systemic risk and macroprudential aspects of supervision - new risks, including climate-related financial risks and the digitalisation of finance - non-bank financial intermediation
- risk management practices.
Check out the practical insights from the Basel Commission to the proposed changes to its Core Principles HERE.
Buffett is the Chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. Under his guidance, Berkshire Hathaway has grown into a powerhouse, with diverse investments across various industries, including insurance, energy, manufacturing, and more.
What sets Buffett apart is not just his wealth but also his ability to consistently generate impressive returns on his investments. He has a long history of making accurate predictions and insightful market observations. Buffett's investment philosophy revolves around identifying undervalued companies with strong fundamentals and holding them for the long term, which has earned him immense credibility among investors worldwide.
Over the years, Buffett has shared his wisdom through annual letters to shareholders and public appearances, where he imparts invaluable insights into the world of finance and investing. His straightforward and down-to-earth communication style, coupled with his exceptional financial acumen, has made him a revered figure in the investment community.
As Taiwan looks to bolster protection of its communication infrastructure, Elon Musk and his Starlink network are one clear solution. But, the billionaire’s deep ties with China and a demand for complete control of any Taiwan venture are proving to be problematic. Jamie Tarabay reports on Bloomberg Television.
My name is STANLEY EPSTEIN and I am a member of the Citadel Advantage Group. I am a Illumeo Certified Instructor. Check out all my Online Training Courses. Just CLICK on the INSTRUCTOR badge.
