The billionaire investment tycoon Warren Buffett has stressed his empire will remain a key investor in Apple after it sold billions of dollars’ worth of shares in the iPhone maker. Thousands of shareholders in Berkshire Hathaway, Buffett’s sprawling conglomerate, have …
(Reuters) -Top U.S. liquefied producer Cheniere Energy (NYSE:) beat adjusted core profit estimates on Friday, as higher-than-expected export volumes countered lower natural gas prices. The U.S. emerged as the top LNG exporter in 2023 as buyers scrambled to find alternate …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian stocks should open on Monday buoyed by Friday’s tech-led surge on Wall Street, while investors will be scrambling to make sense of the latest twist …
By Greg Bensinger and Akash Sriram (Reuters) – Alphabet (NASDAQ:) announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital …
LONDON (Reuters) – Global property and casualty insurers showed “alarming” underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday. Global insured losses from natural catastrophes have …
By Timothy Aeppel (Reuters) – Dan Ariens laid off workers, cut shifts, and halted nearly all hiring last summer after sales slumped at his company, best known for making bright orange snow blowers and lawnmowers sold around the world. Headcount …
Closing summary Nick Robins-Early Sam Bankman-Fried, former CEO of cryptocurrency exchange FTX, was sentenced to 25 years in prison for crimes of fraud and conspiracy. Judge Lewis Kaplan issued the sentence in a Manhattan courtroom on Thursday, declaring that the …
Once again, world leaders, business tycoons, and activists converged upon Davos, Switzerland for the annual World Economic Forum last week. The same elites fixated on ESG (environmental, social, and governance) selected “the fundamental principles driving trust, including transparency, consistency, and …
© Reuters. FILE PHOTO: A general view of the U.S. Capitol after United States Vice President Kamala Harris, voted on the Senate floor to break the 50-50 tie to proceed to the Inflation Reduction Act on Capitol Hill in Washington, …
© Reuters. FILE PHOTO: Sam Altman, CEO of OpenAI, attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo By Anna Tong and Shivansh Tiwary (Reuters) -OpenAI Chief Executive Sam Altman …
