Does every business need a cash pile like Warren Buffett’s?

WARREN BUFFETT must be feeling smug right now. Months before American stockmarkets started sliding from record levels in late February, as investors began to question President Donald Trump’s stewardship of the world’s largest economy, the nonagenarian billionaire was cashing out of equities. In 2024 his industrial conglomerate, Berkshire Hathaway, sold a net $134bn of stocks,…

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Eutelsat signs 10-year deal with French military

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The French military has signed a 10-year deal with state-backed satellite provider Eutelsat as part of a programme that could see it spend as much as a billion euros on communications services across its forces….

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