Europe’s billionaires—who pay their family office CEOs $370,000 a year—are worried they can’t find the talent to manage their fortunes

[ad_1] Europe’s ultra-high-net-worth families are moving fast to get their affairs in order ahead of the Great Wealth Transfer, but the biggest challenge to handing over their fortunes is an apparent lack of available workers keen to take a pay cut to manage their billions. A report by HSBC Global Private Banking and Campden Wealth…

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Porsche, Audi vehicles are being recalled

[ad_1] Check out what’s clicking on FoxBusiness.com. More than 18,000 Porsche vehicles are being recalled due to air bag and rearview camera issues. Porsche Cars North America issued two recalls last week, one for 9,735 of its 2022-2023 Taycan sports cars and another for 8,571 of its 2024-2025 Macan electric crossovers, documents submitted to the…

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China holds cards in US tariff stand-off

[ad_1] The US and China are locked in a dangerous trade stand-off, with the world’s two largest economies trading tit-for-tat blows as Donald Trump demands Beijing seek a deal from his administration. China relies on the US as an almost irreplaceable market for its manufactured goods, but experts warn that Washington should not underestimate Beijing’s…

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