Business
Warren Buffett’s successor could be selling off millions of Berkshire Hathaway’s Kraft Heinz shares
Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month. Kraft Heinz warned…
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Berkshire
Business
Buffett ‘going quiet’ but backs CEO-designate Abel, plans to keep Berkshire shares
WARREN Buffett on Monday assured Berkshire Hathaway shareholders they should stick around as he prepares to depart as chief executive,…
Business
Buffett’s Berkshire cash hits US$381.7 billion, earnings soar
Despite its growing cash hoard, the firm’s net investment income declined 13% to US$3.2 billion amid lower short-term interest rates…
Business
Warren Buffett’s Berkshire Hathaway to buy Occidental’s chemical unit for US$9.7 billion
OxyChem is set to be Berkshire’s largest acquisition since it took over the insurer Alleghany in 2022 Warren Buffett’s Berkshire Hathaway…
Business
Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows
Warren Buffett’s Berkshire Hathaway has fully exited Chinese automaker BYD, a filing showed, ending a 17-year investment that grew over…
Business
Buffett’s Berkshire lifts stakes in Japan trading houses, buoys shares
Warren Buffett’s Berkshire Hathaway has raised its stakes in Mitsubishi and Mitsui & Co, according to the Japanese trading houses,…
Business
William and Kate set to move to new Berkshire home
The Prince and Princess of Wales are set to move into a new home in Berkshire. William and Catherine will move to eight-bedroom Forest…
Business
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on…
Business
Buffett’s Berkshire sells one-third of VeriSign stake for US$1.23 billion
BERKSHIRE Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren…
News
Kyra Hill unlawfully killed at Berkshire water park - coroner
An 11-year-old girl who drowned during a birthday party at a water park in Berkshire was unlawfully killed following gross breaches in…
Business
Who is Greg Abel, Berkshire Hathaway’s new CEO who will succeed Warren Buffett?
Warren Buffett’s announcement Saturday that he would be retiring as CEO of Berkshire Hathaway came as a surprise to lots of people,…
Business
Why Warren Buffett’s Departure from Berkshire Hathaway Matters
It was closing in on 1 p.m. here when Warren Buffett, seated onstage before a rapt audience of about 40,000 at the CHI Health Center, said…
Business
Berkshire boy's life saved after 'death sentence' disease
A boy with an ultra-rare immune disease which can carry a "death sentence" is starting to live a normal life after taking part in a…
Business
Who Is Greg Abel? Warren Buffett's Successor as Berkshire Hathaway CEO Is Canadian-Born Billionaire Who Is a Doting Dad and Leads a Humble Life
Greg Abel, who has been chosen by Warren Buffett as the next CEO of Berkshire Hathaway, is a Canadian-born near-billionaire who, despite…
Business
Warren Buffett Says He’ll Step Down as Berkshire Hathaway CEO at Year End, Taps Greg Abel as Successor
Warren Buffett confirmed Saturday he will step down as CEO of Berkshire Hathaway at year’s end, marketing the end of an era for the…
Business
Berkshire Reports Drop in Earnings, Mainly From Investment Losses
Berkshire Hathaway, the conglomerate run by Warren E. Buffett, reported a sharp drop in first-quarter earnings on Saturday as the company…
Business
Berkshire sells 90 billion yen bonds in smallest Japan deal
Berkshire Hathaway priced 90 billion yen (S$628 million) of bonds on Friday (Apr 11), completing the yen deal even as sharp market…
Business
Berkshire yen bond deal is its smallest ever amid trade war
Berkshire Hathaway sold 90 billion yen (S$834 million) of bonds on Friday (Apr 11) in its smallest yen deal ever in a market rocked by an…
Business
Buffett’s Berkshire Hathaway mandates banks for yen bond deal
WARREN Buffett’s Berkshire Hathaway is planning to sell yen bonds in the global markets, after the billionaire revealed that the firm is…