By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%. In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3.46 million Occidental shares between May 16 and…
OTTAWA (Reuters) -Alberta officials on Thursday warned more wildfires could spread in next few hot and dry days, even as firefighters make progress in tackling widespread blazes that have slowed the outflow of natural gas from Canada into the United States, spiking prices. Record-high temperatures and tinder-dry vegetation have led to an intense, early start…
By Suban Abdulla LONDON (Reuters) – British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about the economy and their finances, despite inflation still in double digits, a survey showed on Friday. Market research firm GfK’s headline confidence index…
(Reuters) -Twitter Inc has alleged that Microsoft Corp violated an agreement over using the social media company’s data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk’s lawyer leveled accusations of “unauthorized” usage of Twitter’s data by Microsoft, including sharing data with government agencies without permission in some cases. In the…
(Reuters) – Canada’s competition regulator said on Thursday it was suing Cineplex Inc for allegedly advertising movie tickets at a lower price than what many consumers actually have to pay. “We’re taking action against Cineplex because misleading tactics like drip pricing only serve to deceive and harm consumers,” said Commissioner of Competition Matthew Boswell. Cineplex…
(Reuters) – Shares in Nvdia Corp, Advanced Micro Devices and Micron Technology on Thursday provided the biggest boosts to the chip sector, which outperformed the broader market as investors looked for ways to invest in artificial intelligence and in Japan. Shares in chip design software company Synopsys shares ended up 8.7% after it forecast better-than-expected…
By Mike Stone WASHINGTON (Reuters) – The U.S. Department of State said on Thursday it wants to update internal processes for the tens of billions worth of foreign military sales it oversees each year to speed up approvals “for an age of heightened strategic competition.” The move comes as the war in Ukraine has shown…
By Maggie Michael CAIRO (Reuters) -Over four terrifying hours last weekend, masked gunmen affiliated to one of Sudan’s warring factions raided one of Khartoum’s oldest churches, opening fire at church officials as they searched for cash, gold and women, two witnesses said. The raid was one of many targeting homes, factories, banks and places of…
By Sakura Murakami and Jeff Mason HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden and Japan’s Fumio Kishida met for talks in the deeply symbolic city of Hiroshima on Thursday, aiming for closer cooperation in the face of an ascendant China and an unpredictable Russia they see as threatening the post-war order. The two met…
WASHINGTON (Reuters) – A group of five TikTok users, who also create content posted on the short-video app, filed suit in U.S. District Court in Montana on Thursday seeking to block the state’s new ban on the Chinese-owned platform. Montana Governor Greg Gianforte on Wednesday signed legislation to ban TikTok in the state, effective Jan….
