Berkshire sells entire stakes in U.S airlines: Buffett
Berkshire Hathaway Inc sold its entire stakes in the four largest U.S. airlines in April, Chairman Warren Buffett said Saturday at the company’s annual meeting,...
Warren Buffett says coronavirus cannot stop America, despite huge Berkshire loss
Warren Buffett on Saturday gave an upbeat assessment of the United States’ ability to withstand crises, even as he acknowledged that the coronavirus pandemic could...
U.S. aviation sector cuts more jobs amid travel meltdown
The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces...
Buffett says coronavirus cannot stop America
Warren Buffett said on Saturday gave an upbeat assessment of the United States’ ability to withstand crises, even as he acknowledged that the coronavirus pandemic...
Majority of EU states back suspension of air travel refunds, France says
Germany, Italy and Spain have joined a call by 12 European Union governments for the EU’s executive body to suspend rules forcing crisis-hit airlines to...
Buffett’s Berkshire posts nearly $50 billion loss as coronavirus causes pain
Warren Buffett’s Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday...
Buffett’s Berkshire posts nearly $50 billion loss on coronavirus, operating profit rises
Warren Buffett’s Berkshire Hathaway Inc on Saturday posted a record net loss of nearly $50 billion as the coronavirus pandemic pummeled its common stock investments,...
Buffett’s Berkshire posts record net loss on coronavirus, operating profit rises
Warren Buffett’s Berkshire Hathaway Inc posted a higher operating profit on Saturday, but the coronavirus pandemic pummeled its common stock investments and led to a...
France’s SocGen to provision between 3.5 and 5 billion euros this year: CEO
French bank Societe Generale expects to have to provision 3.5 billion euros to 5 billion euros ($3.84 bln-5.49 bln) this year because of losses due...
NBCUniversal weighs layoffs at media, entertainment units: WSJ
Comcast Corp owned NBCUniversal is evaluating a significant reduction of staff across its portfolio of media and entertainment properties as part of a cost-cutting effort,...