News

Sat, 24 Feb 2018 15:11:39 -0500
NEW YORK (Reuters) - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc.
Sat, 24 Feb 2018 14:39:27 -0500
(Reuters) - Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday disclosed a $1.8 billion increase in estimated claim liabilities under a big reinsurance contract with American International Group Inc .
Sat, 24 Feb 2018 15:11:39 -0500
NEW YORK (Reuters) - Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up on bonds.
Sat, 24 Feb 2018 15:11:39 -0500
(Reuters) - A giant hurricane, earthquake or other conflagration inflicting unprecedented, catastrophic damage is likely at some point to strike the United States.
Fri, 23 Feb 2018 21:33:43 -0500
NEW YORK/LOS ANGELES (Reuters) - Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low.
Sat, 24 Feb 2018 11:51:43 -0500
FRANKFURT/RIGA (Reuters) - Latvia's ABLV Bank is failing or likely to fail and will be wound up as saving it is not in the public interest, the European Union's Single Resolution Board and the European Central Bank (ECB) said separately on Saturday.
Sat, 24 Feb 2018 14:47:34 -0500
BEIJING/FRANKFURT (Reuters) - Chinese carmaker Geely [GEELY.UL] has built up an almost 10 percent stake in Daimler in a $9 billion bet by its chairman that he can access the Mercedes-Benz owner's technology in the growing battle for the future of automotives.
Sat, 24 Feb 2018 18:35:22 -0500
FRANKFURT (Reuters) - The European Investment Bank may ask Daimler to pay back loans extended for research and development in light of a report linking the Mercedes maker to diesel emission-test cheating, Welt am Sonntag reported.
Sat, 24 Feb 2018 08:52:21 -0500
BEIJING (Reuters) - China's banking regulator has introduced steps to cut the red tape for foreign banks, state media agency Xinhua said on Saturday, as part of the government's ongoing effort to promote investment in the country's fast-growing financial sector.
Sat, 24 Feb 2018 10:39:02 -0500
SANTIAGO (Reuters) - Chile's President-elect Sebastian Pinera plans to create two new management units at the world's largest copper producer, state-run Codelco, to improve operations, his pick for mining minister told local paper La Tercera on Saturday.