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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

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China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme
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Europe

Photo of Alexandre Arnault
Nike bets on a millennial Arnault heir after bleeding $200 billion and being ousted from the S&P 100

Alexandre Arnault joins the board after helping revive heritage brands Rimowa and Tiffany as Nike fights to restore growth and cultural relevance

By Mia OsmonbekovSeptember 17, 2026
How can Europe achieve its growth potential?
How can Europe achieve its growth potential?
By Sam ForsdickSeptember 17, 2026
Europe’s CEOs are ready to turn its energy challenge into a competitive edge
Europe’s CEOs are ready to turn its energy challenge into a competitive edge
By Kirsty McGregorSeptember 17, 2026
An energy crisis looms for Europe’s industrial giants. For GEA Group, it’s an opportunity 
An energy crisis looms for Europe’s industrial giants. For GEA Group, it’s an opportunity 
By Kirsty McGregorSeptember 16, 2026
‘The U.K. has a competitiveness deficit in its energy costs—that’s a real call to action,’ says EDF U.K. chair
‘The U.K. has a competitiveness deficit in its energy costs—that’s a real call to action,’ says EDF U.K. chair
By Sam ForsdickSeptember 16, 2026
Agility is the most important skill in the AI age, says Capgemini CEO
Agility is the most important skill in the AI age, says Capgemini CEO
By Kamal AhmedSeptember 16, 2026
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European cities are trying to shun young ‘drunk’ tourists in favor of big spenders, but there are concerns the move could be ageist
Lifestyle
European cities are trying to shun young ‘drunk’ tourists in favor of big spenders, but there are concerns the move could be ageist
By Ryan HoggJuly 23, 2024
Tourists are trying to cool off with the help of fountains in the streets in Rome, Italy, on July 21, 2024, as the city is on alert for extreme heat today and tomorrow. (Photo by Massimo Valicchia/NurPhoto via Getty Images)
Environment
Lack of solar and wind energy is causing Italy to boost imports of nuclear power from France to chill the summer heatwave
By Eamon Akil Farhat and BloombergJuly 23, 2024
PULILAN, PHILIPPINES - JUNE 26: A live host promotes products for a skincare brand on a TikTok Shop livestream at one of the studios of Ownline Marketing on June 26, 2024 in Pulilan, Bulacan province, Philippines. Ownline Marketing, an agency that specializes in marketing brands on TikTok Shop and other e-commerce platforms, began only early this year with just one client but has quickly expanded to serving more than a dozen local and foreign brands, operating full production studios and delivering slick livestreams reminiscent of television home shopping channels. TikTok Shop, the e-commerce platform within the popular short video app, has spurred a booming live selling industry in the Philippines, where businesses are benefiting from TikTok's prized algorithm to sell more and faster, disrupting the market for other established e-commerce platforms in the region. However, a proposed bill in the Philippine Congress, House Bill 10489, introduced amid geopolitical tensions with China and following similar moves by other countries, aims to ban "foreign adversary-controlled" apps, likely targeting TikTok and could threaten the livelihoods of many Filipinos who have built their businesses on the platform​​​​. (Photo by Ezra Acayan/Getty Images)
Retail
TikTok Shop set to launch in Spain and Ireland this summer—a move to boost ByteDance’s e-commerce efforts in Europe
By Zheping Huang, Olivia Poh and BloombergJuly 23, 2024
Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, left, and Alexandre Arnault, vice president of Tiffany & Co., at the Viva Technology conference at Porte de Versailles exhibition center in Paris, France, on Friday, June 18, 2021. Viva Tech is dedicated to innovation and startups and runs June 16 - 19. Photographer: Nathan Laine/Bloomberg via Getty Images
Retail
Unachievable sales targets, lower commissions and more competition: How LVMH’s $16 billion bet on Tiffany & Co has fallen short
By Jeannette Neumann and BloombergJuly 23, 2024
Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion
Retail
Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion
By Jack Sidders and BloombergJuly 23, 2024
Timothy-Armoo-Fanbytes-The-Good-Life
Leadership
29-year-old entrepreneur lost nearly $100,000 on Alibaba stock, before tapping into millennial’s love of avocados and influencers—now he’s a self-made multimillionaire
By Orianna Rosa RoyleJuly 23, 2024
An image of a man and a woman both holding cash.
Personal Finance
Four leading economists now believe the gender pay gap in the U.K., U.S. Canada and Italy will never disappear
By Marilen Martin and BloombergJuly 22, 2024
Vincent Bollore at the National Assembly in Paris
Tech
Boost for London and Amsterdam as French billionaire Vincent Bolloré prepares to split up his media giant Vivendi with listings across Europe
By Benoit Berthelot and BloombergJuly 22, 2024
ryanair ceo Michael O'Leary sitting at a desk
Finance
Ryanair profits nearly halved as the low-cost airline blames its ‘frugal’ customers for booking too many last-minute tickets
By Prarthana PrakashJuly 22, 2024
Customers come and go from a branch of the Planet Organic healthfood store on January 03, 2020 in London, England.
Retail
A London upmarket organic grocery store is blaming its ‘entitled’ wealthy customers for stealing over $1.2 million worth of goods each year
By Ryan HoggJuly 22, 2024
Deutsche Bank offices in the City of London on 2nd July 2024 in London, United Kingdom. Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. (photo by Mike Kemp/In Pictures via Getty Images)
Finance
Germany’s Deutsche Bank looks across the pond as it aims to become Wall Street’s most powerful European rival
By Ben Stupples, Arno Schütze and BloombergJuly 22, 2024
Couple drinking and enjoying the view of the Acropolis at sunset. Athens, Greece
Finance
Restaurants sit half-empty in Turkey this summer as inflation reaches 91% in places sending tourists and locals flocking to neighboring Greece
By Taylan Bilgic and BloombergJuly 22, 2024
SANTORINI, GREECE - 2022/10/11: Tourists taking pictures and selfies during sunset in the town of Oia with its limewashed houses and windmills. Santorini is one of the Cyclades islands in the Aegean Sea known for the traditional architecture of the whitewashed buildings, making it one of the most famous travel destinations during summer in the Mediterranean. (Photo by Marcos del Mazo/LightRocket via Getty Images)
Lifestyle
Tourism has hijacked Santorini’s wine production as agricultural land becomes exorbitant while visitor numbers continue to climb
By Eleni Chrepa and BloombergJuly 22, 2024
Arcachon, an hour from Bordeaux, has been called the Hamptons of France—wealthy, preppy, beachy.
Lifestyle
4 less touristy spots to visit in France—from cowboy cabins to the ‘Hamptons of France’
By Gina Hameday and BloombergJuly 20, 2024
Crowds of tourists and locals cool off at a crowded El Postiguet Beach
Features
Affordable travel is to blame for Europe’s overtourism problem, spoiling its most sought-after cities like Barcelona, Amsterdam and Athens
By Prarthana PrakashJuly 20, 2024
Elon Musk, billionaire and chief executive officer of Tesla, at the Viva Tech fair in Paris, France, on Friday, June 16, 2023. Musk predicted his Neuralink Corp. would carry out its first brain implant later this year. Photographer: Nathan Laine/Bloomberg via Getty Images
Environment
Tesla to power France’s biggest battery storage facility—boosting the nation’s capacity to store green electricity
By Eamon Akil Farhat, Francois de Beaupuy and BloombergJuly 19, 2024
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a Senate Judiciary Committee hearing in Washington, DC, US, on Wednesday, Jan. 31, 2024. Congress has increasingly scrutinized social media platforms as growing evidence suggests that excessive use and the proliferation of harmful content may be damaging young people's mental health. Photographer: Kent Nishimura/Bloomberg via Getty Images
Finance
Meta eyes a multibillion-euro stake in Ray-Ban maker EssilorLuxottica
By Dinesh Nair, Daniele Lepido and BloombergJuly 19, 2024
four runners on a race track
Success
Olympic track and field winners will win more than eternal glory for the first time with a $50,000 reward: ‘They deserve some skin in the game’
By Prarthana PrakashJuly 18, 2024
Colnago CEO Nicola Rosin is cheering his bikes on as they take the lead at Tour de France’s toughest climbs
Leadership
Colnago CEO Nicola Rosin is cheering his bikes on as they take the lead at Tour de France’s toughest climbs
By Peter VanhamJuly 18, 2024
Pekka Lundmark, CEO of Nokia.
Finance
Former telephone giant Nokia sees double-digit fall in sales amid challenging 5G environment
By Michael Hennessey, Jillian Deutsch and BloombergJuly 18, 2024
For all the talk about European decline, data shows U.S. software companies don’t have a future without the old continent
Commentary
For all the talk about European decline, data shows U.S. software companies don’t have a future without the old continent
By Brennan O’DonnellJuly 18, 2024
A receptionist giving a participant id to an attendee at a business conference sign in desk.
Success
Europe is winning the return-to-office fight against the U.S.
By Jack Sidders and BloombergJuly 18, 2024
A Christian Dior SE luxury clothing boutique, operated by LVMH Moet Hennessy Louis Vuitton SE, in Paris, France, on Thursday, Jan. 25, 2024. LVMH sales rose at the end of last year as wealthy shoppers treated themselves to the group's pricey handbags and Champagne, a sign of resilience at the world's largest luxury conglomerate. Photographer: Benjamin Girette/Bloomberg via Getty Images
Retail
Dior and Armani face antitrust probe in Italy over alleged labor exploitation
By Alberto Brambilla and BloombergJuly 17, 2024
Customers are shopping at the first store of the US street brand Supreme in Shanghai, China, on April 1, 2024. (Photo by Costfoto/NurPhoto via Getty Images)
Retail
Italian-French eyewear titan EssilorLuxottica snaps up Supreme for $1.5 billion
By Deirdre Hipwell and BloombergJuly 17, 2024
The HSBC Holdings Plc offices, left, in the Canary Wharf business, financial and shopping district in London, UK, on Tuesday, June 27, 2023. HSBC Holdings Plc has been looking for alternatives to its docklands skyscraper as it looks for a more flexible workspace and adapts to the post-Covid cityscape, and said its preferred option is BT Group Plc's former head office near St Paul's Cathedral. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
Finance
HSBC promotes Georges Elhedery as next CEO: One of the ‘biggest seats in global finance’
By Harry Wilson, Denise Wee and BloombergJuly 17, 2024
Again cofounders Max Kufner and Torbjørn Jensen
Environment
Exclusive: Google Ventures is backing a Danish startup ‘brewing’ CO2 that can clean up one of the most polluting industries in the world
By Prarthana PrakashJuly 17, 2024
Sundar Pichai, chief executive officer of Alphabet Inc., during an interview on "The Circuit with Emily Chang" at Google's Bay View campus in Mountain View, California, US, on Wednesday, May 1, 2024. Pichai says artificial intelligence has been a key focus of the Google parent since 2016, back when ChatGPT-maker OpenAI was in its infancy. Photographer: David Paul Morris/Bloomberg via Getty Images
Tech
Google had €470 million to spare so it offered to derail Microsoft’s antitrust pact
By Samuel Stolton and BloombergJuly 16, 2024
Christian Scherer with a picture of an aircraft behind him
Leadership
Airbus is slashing costs and pausing hiring citing Boeing’s eventual bounce back from safety scandals and lurking Chinese competition
By Prarthana PrakashJuly 16, 2024
A general view of the nearly finished Bolands Quay new site on Dublins Barrow Street next Google EMEA HQ building (right-not in the picture), at the Grand Canal Docks, in Dublin.
Tech
Dublin residents are standing up to $2.3 trillion neighbor Google’s plans to build a pub, saying they are ‘effectively living’ on the tech giant’s campus
By Ryan HoggJuly 16, 2024
Pekka Lundmark is the president and CEO of Nokia.
Commentary
Nokia CEO: Europe shouldn’t be afraid to back its innovation champions
By Pekka LundmarkJuly 16, 2024
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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeSeptember 20, 2026
Success
Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’placeholder alt text
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China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment schemeplaceholder alt text
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