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Vulcan Value Partners Q4 2025 Letter
Portfolio Review All of our strategies had positive returns for the year. These results are detailed in the table below.…
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EU considers tapping €93bn in unspent Covid recovery funds for defence
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Europe’s dependence on US tech is a critical weakness
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KKR confronts €449mn earnings hole as flagship Italian deal sours
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China’s holdings of US Treasuries fall to lowest level since 2009
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EU agrees new Russia sanctions package
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Chinese warships in waters 150 nautical miles east of Sydney
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HSBC sets out scale of cost cuts under new chief’s restructuring plan
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Investors call for vote on any BP rowback on climate goals
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Brazil charges former president Jair Bolsonaro over coup plot
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Donald Trump considers 25% tariff on imported cars
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Donald Trump signals that Ukraine should hold elections as part of Russia peace deal
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BlackRock halts meetings with companies after SEC cracks down on ESG
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Amazon: Investors Are Overly Optimistic As Growth Slows
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British couple charged with spying in Iran
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Former OpenAI technology chief Mira Murati launches rival start-up
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