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Bill Gates again world`s richest man; Donald Trump slips

Bill Gates again world`s richest man; Donald Trump slips

Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world`s richest billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday.

Top 10 Business Leaders of 2015

Top 10 Business Leaders of 2015

MasterCard's Ajay Banga has been named among the top 10 global business leaders by Fortune magazine, a list that is topped by Nike's Mike Parker.


Warren Buffett says Berkshire Hathaway still shopping abroad

Warren Buffett says Berkshire Hathaway still shopping abroad

Berkshire earlier this year agreed to acquire a German motorcycle apparel and accessories retailer - a purchase that Buffett described as an advertisement to markets that he is shopping abroad.

Berkshire Hathaway makes $37 bn bet on Precision buy

US investment guru Warren Buffett`s Berkshire Hathaway is buying Precision Castparts, a leading supplier to the aerospace industry, for $37.2 billion, the largest acquisition in the conglomerate`s 50-year history.

US stocks lifted by Buffett deal, oil rally

US stocks surged Monday as Berkshire Hathaway announced a $37.2 billion acquisition of Precision Castparts and petroleum-linked equities rose on higher oil prices.

Berkshire Hathaway to buy Precision Castparts for $37 bn

The agreed acquisition, one of Berkshire`s largest takeovers, is expected to be completed in the first quarter of 2016, they said in a joint statement.

Buffett's Berkshire Hathaway buys into Australian insurer IAG

Under a 10-year strategic relationship, Berkshire will receive 20 percent of IAG's gross written premium and pay 20 percent of its claims. Berkshire will also take a 3.7 per cent stake in the group as the Australian firm pushes into Asia.

Buffett's Berkshire adds to favourites IBM, Wells Fargo

Berkshire also boosted its share stake in U.S. Bancorp , another large holding, while other portfolio managers adjusted their stakes in several companies.

Warren Buffett denies that Berkshire Hathaway ''too big to fail''

The SIFI designation forces companies to submit to Federal Reserve oversight, and could make them adopt tighter capital and liquidity requirements that could impede growth and profitability.

Buffett's Berkshire buys P&G's Duracell

The transaction calls for P&G to receive about $4.7 billion of its own shares that Berkshire now owns.

Warren Buffett`s Berkshire buys Duracell from P&G

Warren Buffett`s cash-laden investment house Berkshire Hathaway announced Thursday the purchase of battery maker Duracell in a $4.7 billion deal with Procter & Gamble.

Wall Street climbs to new highs; transports rally

U.S. stocks edged higher in afternoon trading on Monday, lifting the Dow and S&P 500 to intraday highs after the indexes advanced for a third straight week, helped by railroad shares.

Buffett to help finance Burger King's acquisition of Tim Hortons: Report

Berkshire Hathaway Inc chairman and CEO, Warren Buffett, is helping finance Burger King Worldwide Inc's take over of Canadian chain Tim Hortons Inc

Berkshire quarterly profit hurt by winter weather, insurance

Warren Buffett`s Berkshire Hathaway Inc on Friday said quarterly profit declined 4 percent, falling short of analyst forecasts, as earnings from insurance underwriting declined and bad weather disrupted shipping at its BNSF Railway unit.

Upbeat Buffett eyes big acquisitions after record Berkshire profit

"America`s best days lie ahead," Buffett, 83, said in his annual letter to Berkshire shareholders.

Berkshire Hathaway posts record profit in 2013

Profit for the full year rose to $19.5 billion from $14.8 billion in 2012.

Buffett's Berkshire dumps stake in Dish, Glaxo

Warren Buffett's Berkshire Hathaway Inc eliminated its stake in Dish Network Corp in the fourth quarter and added a stake in financial giant Goldman Sachs, according to a regulatory filing on Friday.

'GIC says no loss due to buying cover from Berkshire'

Government on Tuesday said it is examining the way in which the state-owned GIC entered into an arrangement with Berkshire Group of USA and its subsequent cancellation within a short period after payment of USD 15.2 million premium towards reinsurance business cover.

Warren Buffett reveals magic mantra behind spectacular investment success

American tycoon Warren Buffett has said investors should focus on quality stock and ‘value’ does not necessarily mean ‘cheap’.

Bow deeply when you see Ajit Jain: Warren Buffett

Showering accolades, Buffett asked shareholders to "bow deeply" if they happen to see Jain at the annual meeting.