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He would have trailed Amazon.com Inc (AMZN.O) founder Jeff Bezos’ $149.7 billion, Microsoft Corp (MSFT.O) co-founder Bill Gates’ $93.6 billion, and LVMH Moet Hennessy Louis Vuitton (LVMH.PA) Chief Executive Bernard Arnault’s $80 billion. Facebook Inc (FB.O) co-founder and Chief Executive Mark Zuckerberg ranked fifth, at $78.5 billion. The five charities typically sell Buffett’s shares to finance their activities, reflecting his desire that money be spent. Buffett makes smaller donations to other charities.

NEW YORK (Reuters) - The price of oil tumbled more than 4 percent on Monday, putting pressure on energy shares and keeping global stock markets in check, although financial shares rallied after upbeat news from Bank of America and Deutsche Bank, Oil slumped as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers, U.S, crude CLcv1 settled down 4.15 cool cufflinks 2018 percent at $68.06 a barrel, while Brent LCOcv1 settled at 71.84, down 4.63 percent, and touched a three-month low..

Concerns over China’s second-quarter economic growth also weighed on oil prices. The country’s economy expanded at a slower pace as Beijing’s efforts to contain debt hurt activity, while June factory output growth weakened to a two-year low. “The GDP missing a little bit psychologically was a warning sign that China is doing OK now, but not quite as strong as expected,” said Phil Flynn, analyst at Price Futures Group in Chicago. Wall Street’s main indexes ended little changed following strong weeks as investors geared up for a big week of corporate earnings and awaited commentary on the impact of U.S. trade disputes with China and its other trading partners.

“It looks as though we’re just taking a bit of a break after a good run last week,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago, The Dow Jones Industrial Average .DJI rose 44.95 points, or 0.18 percent, to 25,064.36, the S&P 500 .SPX lost 2.88 points, or 0.10 percent, to 2,798.43 and the Nasdaq Composite .IXIC dropped 20.26 points, or 0.26 percent, to 7,805.72, Major energy stocks such as Exxon Mobil (XOM.N), Chevron (CVX.N) and BP (BP.L) weighed on key cool cufflinks 2018 indexes..

Financials in the United States .SPSY and Europe .SX7P were higher following Bank of America’s (BAC.N) better-than-expected quarterly profit and Deutsche Bank’s (DBKGn.DE) upbeat earnings preview. Overall in Europe, the pan-European FTSEurofirst 300 index .FTEU3 lost 0.34 percent. MSCI’s gauge of stocks across the globe .MIWD00000PUS shed 0.13 percent. Markets looked ahead to Federal Reserve Chairman Jerome Powell’s semiannual testimony on the U.S. economy and monetary policy before the U.S. Senate Banking Committee on Tuesday.

The dollar fell after posting its largest weekly gain in a month, as investors pared long bets on the greenback, The dollar index .DXY fell 0.28 percent, with the euro EUR= up 0.23 percent to $1.1712, The rouble held gains after a meeting between Russian President Vladimir Putin and U.S, President Donald Trump helped offset the negative impact from the drop in oil prices, cool cufflinks 2018 U.S, Treasury yields increased, with the two-year yield hitting a near decade peak, as domestic retail sales recorded growth for a fifth straight month in June, supporting the view of solid economic growth in the second quarter..

FARNBOROUGH, England (Reuters) - U.S. arms makers attending the Farnborough Airshow in Britain on Monday lauded the U.S. government’s push to sell more weapons overseas and said they expected European defense spending to increase in the coming years. Western arms makers are jockeying to take advantage of expanding defense budgets among NATO allies and in other regions. Shares in Lockheed Martin (LMT.N), Boeing (BA.N) and other big U.S. arms makers have seen double-digit percentage rises since President Donald Trump took office in January 2017.

“We always felt like we were a company competing against countries, Now we feel like we’re a company within the United States defense industry, and that we have some sponsorship from the United States government to work these deals,” Wes Kremer, Raytheon Co.’s (RTN.N) head of Integrated Defense Systems, told Reuters at the airshow, 40 miles (60 km) southwest of London, Many U.S, executives hope that bigger defense budgets and greater U.S, government advocacy will spur more sales, but say it may take time cool cufflinks 2018 for the new policy to translate into orders..



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