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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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Is the US about to screw SWFs?
Just ahead of Christmas, the US Inland Revenue Service dropped a bunch of proposed changes to Section 892 of the…
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Trump warns of 50% tariff on EU imports from next month
Donald Trump has warned of plans to impose a 50 per cent tariff on imports…
Ukraine and Russia begin biggest prisoner swap of the war
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Trump threatens Apple with 25% tariff on iPhones
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JPMorgan’s Jamie Dimon to ‘deepen engagement’ with China
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Trump’s ‘big, beautiful’ budget is spooking investors
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Investors shift away from US bond market on fears over Donald Trump’s policies
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Generative AI models are skilled in the art of bullshit
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Trump pushes EU to cut tariffs or face extra duties
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…
US-China trade war is pushing Asian nations to pick sides, ministers warn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…
Merz backs Nord Stream ban to prevent US and Russia restarting gas link
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How Israel tries to shield its diplomats from attack
Since the founding of the Israeli state, staff at its embassies and institutions around the…
Apple set to expand India supply chain through $1.5bn Foxconn plant
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…
Supreme Court signals it could shield Federal Reserve from Donald Trump
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Spanish grid operator faults big power plants in blackout blame game
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G7 ministers threaten more sanctions against Russia over Ukraine war
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