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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Buffetts
Business
Buffett’s Alphabet blessing puts valuation paradox back in focus
Shares of the Google parent are up 55% this year, making them by far the top performer among the Magnificent Seven technology giants Just…
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
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…
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
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’s favourite valuation indicator flashes buy signal
A key valuation metric touted by legendary investor Warren Buffett is signalling that equities are relatively cheap, bolstering the case…
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…
Business
Buffett's US$277b cash hoard after selling Apple is a warning
Warren Buffett has been selling a lot of stock, and that revelation is inducing his many admirers to follow suit. His Omaha,…