County Smith Financial News

Terry Smith's £23.7bn flagship mandate exited its full PepsiCo stake in January 2025, as per the latest factsheet information. The fund had been invested in the stock for at least a decade and it held a top ten position over most of that time, according to disclosure records. Fundsmith Equity fund sells long-term holdings in Diageo and Apple in 2024 PepsiCo, which is the creator of the namesake soft drink, was highlighted back in Smith's 2023 semi annual letter to shareholders for its strong performance. However, by August 2024 it was among the fund's top five performance detrac...

In 1776, the year 13 American colonies declared independence from Britain, Adam Smith published his magnum opus An Inquiry into the Nature and Causes of the Wealth of Nations; 9 March marked the 250th anniversary of its publication. While breathless praise for it was aired in many parts of the world, residents of Smith’s Scottish hometown Kirkcaldy opted for a characteristically quiet pragmatism: a modest Heritage Centre and a plaque on a brick wall marking the spot where his childhood home was unceremoniously razed in the 19th century.Globally, to the Right, Smith is the patron saint of ‘greed is good,’ a man whose book Thatcher reportedly brandished in her handbag like a holy relic. To the Left, he is the grandfather of market fundamentalism.The reality, though, is inconvenient.

Subscribe to enjoy similar stories. At the end of her charming novel Rukmini Aunty and the R.K. Narayan Fan Club, Sita Bhaskar quotes the Scottish writer Alexander McCall Smith’s admiration for the much-loved creator of Malgudi Days, first published as a collection of short stories in 1943, and later turned into a popular TV series in 1986.

Subscribe to enjoy similar stories. Two years after she started taking Xanax, Dana Bare began having panic attacks like never before. Her memory started slipping.

Minnesota Vikings started their off-season activities with a safety, Theo Jackson, who received a two-year agreement valued at $12.615 million. Jackson participated in every Vikings game the past season before his pending restricted free agent status. The Vikings invested in extending Jackson’s contract despite his primary role as a special teamer because they foresee him taking on defense responsibilities in the future.

Varun Chakravarthy dismissed Australia's Travis Head in the Champions Trophy semi-final in Dubai. The Australian opener, known for his match-winning performances against India, was sent back for 39 off 33 balls, triggering an outpouring of reactions on social media. Skipper Rohit Sharma’s decision to bring Chakravarthy into the attack in the ninth over paid off immediately, as the spinner struck on just the second ball of his spell. Head’s dismissal reduced Australia to two down, giving India a crucial breakthrough in the high-stakes encounter. Travis Head had been a major concern for Indian fans leading up to the match, given his history of tormenting India on big occasions. His stunning 137-run knock in the 2023 World Cup final had cemented his reputation as a big-match player. In ODIs against India, he had amassed 345 runs at an impressive average of 43.13.

Australia captain Steve Smith addressed the media in a pre-match press conference ahead of their high-stakes ICC Champions Trophy semifinal clash against India on Tuesday. With India entering the match on the back of an unbeaten run, Smith acknowledged their dominance and shared his thoughts on the challenges ahead. When asked if Australia had a plan to silence the Indian crowd, Smith responded, «Yeah, I don't really have a message to be honest. Just going out and playing, and hopefully, we can put on a good show.» Discussing whether India had an advantage playing in Dubai, Smith admitted that familiarity with the conditions could play a role.

Subscribe to enjoy similar stories. Shane Smith has helped make the country’s largest pork producer into a grunting, rooting, squealing marvel of efficiency. The chief executive of Smithfield Foods took the company public this past week and is ready to invest in it to confront his biggest challenge: getting us to eat more pork.

Subscribe to enjoy similar stories. I am sure most of you may not have heard of Edgar Lawrence Smith. It is unfortunate, though.

According to disclosures by the Saba-managed Saba Capital Income & Opportunities fund II, the US vehicle – which focuses on investing in closed-ended funds across the world – took a small stake in Smith's £2bn investment trust as of 31 October 2024, the most recent date at which Saba revealed its portfolio holdings.  The Saba fund bought total return swaps giving a value of at least $5.7m in the FTSE 250 investment trust.  Fundsmith's profit decline forces Terry Smith to take second pay cut However, Investment Week understands that since late October last year, Boaz Weinstein's hed...

Danielle Smith won’t be at president-elect Donald Trump’s inaugural ceremony on Monday after all, due to bitter cold weather forecasted for Monday in Washington, D.C.Smith, who is spending five days in Washington on a diplomatic trip, was scheduled to attend the event.But her press secretary, Sam Blackett, says in a statement that most ticketed guests will no longer be able to attend the ceremony in person because it’s being moved indoors to the Capitol Rotunda, and that includes Smith.Blackett says the premier still plans to attend an event at the Canadian Embassy on Monday.Smith has been meeting with political and energy industry leaders in what the province says is an effort to promote an “era of partnership.”Earlier this week, Smith broke with her fellow premiers and the prime minister, refusing to sign a joint statement saying every countermeasure — including energy exports — is on the table when it comes to responding to Trump’s threat to impose tariffs on Canadian goods.

Subscribe to enjoy similar stories. The trouble with taxation is not its inevitability, nor its comparison for that reason with mortality, but its susceptibility to being viewed through lenses tinted by the viewer’s own tax liability. Evidence of this rises and falls in waves, peaking around budget time.

Will Smith and Jamie Foxx, along with these other celebrities, have distanced themselves from Sean Diddy Combs. Celebrities attending a Sean Diddy Combs White Party used to be cool, but there’s been a paradigm shift where distancing themselves from the scandal-plagued hip-hop mogul is the main focus right now. Well-known celebrities who used to hang out or party with Combs, such as Will Smith and Jamie Foxx, are publicly separating themselves from the founder of Bad Boy Entertainment, who has refuted the accusations against him as he awaits his trial date on May 5, 2025, on federal human trafficking and racketeering charges, as quoted in a report.

Kane Williamson registered his 33rd Test century in the third Test against England at Hamilton, New Zealand on Monday. The modern-day great scored 156 runs before being dismissed by spinner Shoaib Bashir. His innings included 20 fours. The hosts have extended their lead past 600 on a rain-affected third day.

Steve Smith surpassed Mark Waugh to become the sixth-highest run-scorer in international cricket history. Smith achieved this milestone during the third Test against India at Brisbane. In the match, Smith returned to form with a commanding knock of 101 runs off 190 balls, including 10 fours. This marked his first century in 25 innings, the longest gap in his career without reaching three figures. His previous longest gap was 22 innings, from his debut to his maiden Test century.

New Jersey is considering charging fees on producers of fossil fuels to help the state that is home to several oil and gas facilities fight the effects of climate change

Subscribe to enjoy similar stories. The last few weeks have been a roller coaster ride for gold. A breathtaking rally to new highs followed by a bone-crunching decline in double quick time.

RPG Enterprises is scouting for strategic M&A opportunities to drive growth across group companies including Ceat, KEC International, RPG Life Sciences and Zensar Technologies, Anant Goenka, vice chairman of the $4.8-billion diversified conglomerate, told ET's Rica Bhattacharyya and George Smith Alexander in an interview. The RPG scion also talked about plans to double the group's market capitalisation in 3-5 years, grow Zensar into a $1-billion company, expand Ceat's global business, and strengthen KEC's position by executing premium and challenging infrastructure projects. Edited excerpts: It's been over a year since you took charge as vice chairman. What is your plan for the group? At a group level, we set forth a vision for ourselves some time back, which was more of values in terms of what we call as «unleash talent», «touch lives», «outperform» and «be happy». Recently we converted these mottos to define what they mean. So, 'touch lives' is about having an impact on the lives of customers and being number one in customer satisfaction. Whichever industry we are in, we should be in the top 10% of sustainable practices. By 'unleash talent' we're talking about being number one in terms of employee happiness. 'Outperform' is about beating industry in whichever businesses we run.