Edition:
India

Warren Buffett

Buffett's Berkshire could get $29 bln Trump tax boost -analyst

Dec 5 Warren Buffett's Berkshire Hathaway Inc could get a $29 billion boost to its book value if President-elect Donald Trump is able to slash the U.S. corporate tax rate to 15 percent from 35 percent, Barclays Capital wrote on Monday.

Exclusive: Four large Wells Fargo shareholders want more action from board

NEW YORK Several large Wells Fargo & Co investors say they are looking for changes on the board of directors in the wake of a sales scandal that has caused months of upheaval for the bank and cost its former chief executive his job.

15 Nov 2016

Buffett's love for moats trumps fear of flying

CHICAGO (Reuters Breakingviews) - Warren Buffett beats up on few industries with the regularity of American airlines. In a 2007 investor letter, the Sage of Omaha, still smarting from an errant $358 million investment in USAir two decades earlier, called the sector a "bottomless pit" for capital. He quipped that investors would've been better served if aviation pioneer Orville Wright had been shot down at Kitty Hawk. Now his Berkshire Hathaway is sinking more than $1.3 billion into the four larg

15 Nov 2016

Warren Buffett's Berkshire makes surprise U.S. airline bet

NEW YORK Warren Buffett's Berkshire Hathaway Inc on Monday said it has bought shares in the four biggest U.S. airlines: American Airlines Group Inc, Delta Air Lines Inc, Southwest Airlines Co and United Continental Holdings Inc.

15 Nov 2016

UPDATE 2-Warren Buffett's Berkshire makes surprise U.S. airline bet

NEW YORK, Nov 14 Warren Buffett's Berkshire Hathaway Inc on Monday said it has bought shares in the four biggest U.S. airlines: American Airlines Group Inc, Delta Air Lines Inc, Southwest Airlines Co and United Continental Holdings Inc.

15 Nov 2016

Berkshire sets record as Trump boosts prospects, Buffett's wealth

Nov 11 Berkshire Hathaway Inc shares posted one of their best weeks in years, soaring 9.5 percent and touching a record high, even though Chairman Warren Buffett's choice for the White House, Hillary Clinton, was defeated by Donald Trump.

12 Nov 2016

After Trump win, critic Buffett sees strong stocks, trade hurdles

WASHINGTON Billionaire investor Warren Buffett defended the stock market's strength and raised doubts about President-elect Donald Trump's trade agenda in a CNN interview broadcast on Friday, just days after the U.S. election.

11 Nov 2016

UPDATE 4-Berkshire profit falls 24 pct, keeps Wells Fargo stake

Nov 4 Berkshire Hathaway Inc on Friday said third-quarter profit dropped 24 percent from a year earlier, when it recorded a large one-time gain, but acquisitions helped boost operating profit at the conglomerate run by billionaire Warren Buffett.

05 Nov 2016

Chinese automaker BYD forecasts up to 84 percent profit rise for 2016

BEIJING Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc , on Sunday said 2016 full-year profit was likely to rise as much as 84.17 percent, as rapid growth of the green car market eases.

30 Oct 2016

UPDATE 1-Buffett hits back at Trump over tax comments

Oct 10 Billionaire investor Warren Buffett denied on Monday an allegation by Republican presidential candidate Donald Trump that he, like Trump, had taken "a massive deduction" that allowed him to avoid federal income taxes.

10 Oct 2016