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Warren Buffett

Breakingviews - Buffett-backed BYD could use a battery ram

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HONG KONG (Reuters Breakingviews) - BYD’s stock almost doubled this year as China accelerated its electric vehicle drive. Chairman Wang Chuanfu is targeting revenue of 1 trillion by around 2025. Yet earnings at the Warren Buffett-backed carmaker are flagging, and the road looks crowded with rivals. To outpace them, BYD could return to its roots.

Buffett's Berkshire slashes IBM stake, adds to Apple

NEW YORK Warren Buffett's Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp , backing further away from an investment that the billionaire has admitted was not one of his best.

Budget 2017, Business 15 Nov 2017

Buffett's Berkshire slashes IBM stake, adds to Apple

NEW YORK Warren Buffett's Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp , backing further away from an investment that the billionaire has admitted was not one of his best.

15 Nov 2017

UPDATE 1-Buffett's Berkshire slashes IBM stake, adds to Apple

NEW YORK, Nov 14 Warren Buffett's Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp, backing further away from an investment that the billionaire has admitted was not one of his best.

15 Nov 2017

Hurricanes, earthquake drag down third-quarter profit at Buffett's Berkshire

Bad weather hurt Warren Buffett's Berkshire Hathaway Inc in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent drop in profit.

Budget 2017, Business 04 Nov 2017

UPDATE 3-Hurricanes, earthquake drag down 3rd-qtr profit at Buffett's Berkshire

Nov 3 Bad weather hurt Warren Buffett's Berkshire Hathaway Inc in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent drop in profit.

04 Nov 2017

New Akzo Nobel boss pursues $30 billion deal with Axalta

AMSTERDAM/FRANKFURT Dutch paints maker Akzo Nobel, seeking to recover after rejecting a takeover offer and issuing two profit warnings, is discussing a merger with smaller U.S. rival Axalta Coating Systems Ltd to create a $30 billion company. | Video

30 Oct 2017

New Akzo Nobel boss pursues $30 billion deal with Axalta

AMSTERDAM/FRANKFURT Dutch paints maker Akzo Nobel, seeking to recover after rejecting a takeover offer and issuing two profit warnings, is discussing a merger with smaller U.S. rival Axalta Coating Systems Ltd to create a $30 billion company. | Video

30 Oct 2017

Warren Buffett, Larry Fink criticize Trump tax plan

WASHINGTON President Donald Trump's tax reform plan came under new criticism on Tuesday from two towering Wall Street figures, including billionaire investor Warren Buffett, who called into question a Republican drive to slash the U.S. corporate rate.

04 Oct 2017

Two Wall Street giants criticise Trump tax plan

WASHINGTON President Donald Trump's tax reform plan came under new criticism on Tuesday from two towering Wall Street figures, including billionaire investor Warren Buffett, who called into question a Republican drive to slash the U.S. corporate rate.

Budget 2017, Business 04 Oct 2017