Business news — August 14, 2026

7 publications

1. BusinessBudgetEquitiesRatings

   Aug 14, 2026, 21:18 UTC

   Billionaire Portfolio Updates

   Several billionaire investors have recently updated their portfolios. Seth Klarman's Baupost Group revealed holdings worth $5.4 billion, including significant stakes in Amazon, Elevance Health, and Restaurant Brands. Terry Smith and Fundstrat updated their $13.6 billion portfolio with major positions in Marriott, Stryker, and Waters. Pat Dorsey's Dorsey Asset Management showed a $1.6 billion portfolio led by ASML, AppLovin, and Royalty Pharma. Chris Hohn's TCI Fund updated its $52.8 billion portfolio, with GE Aerospace, Visa, and Moody's as top holdings. Leon Cooperman's $3.5 billion portfolio includes Vertiv, Rocket Companies, and Energy Transfer. Brad Gerstner's Altimeter Capital disclosed holdings in NVIDIA, Cerebras, and Taiwan Semiconductor. Kryptker Capital's $1.4 billion portfolio includes Norfolk Southern, Chart Industries, and Kenvue.

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2. BusinessTaxM&A

   Aug 14, 2026, 19:51 UTC

   Ferrero Acquires Purely Elizabeth, Expanding U.S. Presence

   Ferrero Group has signed an agreement to acquire Purely Elizabeth, an American healthy food company. The acquisition strengthens Ferrero's presence in the U.S. market. Purely Elizabeth is known for its high-quality, tasty products, making it an excellent addition to Ferrero's portfolio.

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3. BusinessTradeMarketsFX

   Aug 14, 2026, 15:09 UTC

   Cash Demand Surges in Russia

   The Central Bank of Russia reported a significant increase in cash demand in July, with Russians withdrawing a record amount of money. Experts attribute this trend to various factors such as instability fears, seasonal spending, reduced deposit attractiveness, and business preferences. The surge in cash growth has raised concerns about potential risks and pressure on liquidity for banks.

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4. BusinessTrade

   Aug 14, 2026, 12:20 UTC

   Oil Prices Rise

   Oil prices increased at the start of trading, with West Texas Intermediate (WTI) reaching $81.98 per barrel, up 0.9%. Brent crude also rose to $87.97 per barrel. This follows a previous session's decline due to increased US inventories and weak demand expectations.

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5. BusinessTrade

   Aug 14, 2026, 04:40 UTC

   Dinar to Euro Exchange Rate Stable in Serbia

   The National Bank of Serbia (NBS) has announced that the official average exchange rate of the dinar to the euro remains stable at around 117.34 dinars. The dinar has not changed against the euro on a monthly or annual basis compared to the beginning of the year, but has depreciated slightly since last week. Exchange offices are selling euros at these rates.

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6. BusinessTradeEquitiesBanking

   Aug 14, 2026, 02:53 UTC

   Tencent to Become Largest Shareholder of Manus

   Tencent is set to become the largest shareholder of AI agent developer Manus, acquiring shares previously held by Meta. The deal, valued at around $20 billion, follows Manus' announcement of resuming operations as an independent company to comply with global regulations.

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7. BusinessNorth America

   Aug 14, 2026, 01:30 UTC

   YPF's Marín Highlights Company's Economic Impact

   Horacio Marín, CEO of YPF, discussed the company's Argentina LNG project, which involves a $51 billion investment, the largest under Argentina's Large Investment Incentive Regime. Marín emphasized YPF's shift from importing to exporting fuels, generating significant revenue.

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