OMAHA/NEW YORK (Reuters) – Warren Buffett said on Saturday that Apple Inc is a better business than any other in Berkshire Hathaway Inc’s portfolio. “Apple is different than the other businesses we own. It just happens to be a better business,” said Buffett during Berkshire’s annual meeting in Omaha, Nebraska. Berkshire revealed a $1 billion…
By Jonathan Stempel and John McCrank OMAHA, Nebraska (Reuters) – Warren Buffet on Saturday said he is more comfortable with Berkshire Hathaway Inc deploying capital in Japan than Taiwan, reflecting the growing tensions between the United States and China. The billionaire investor contrasted Berkshire’s recently increased investments in five Japanese trading houses with its recent…
By John McCrank NEW YORK (Reuters) – Warren Buffett on Saturday said Berkshire Hathaway is cautious around the banking sector, largely because of poor messaging by officials around government-insured deposits, as well as distorted incentives he said were brought on by banking regulation. A crisis of confidence in the U.S. banking sector has led to…
By Michael Holden, Kate Holton and Andrew MacAskill LONDON (Reuters) -King Charles III was anointed and crowned on Saturday in Britain’s biggest ceremonial event for seven decades, a display of pomp and pageantry that sought to marry 1,000 years of history with a monarchy fit for a new era. In front of a congregation including…
BELGRADE (Reuters) – A 20-year-old Serbian man suspected of killing eight people and wounding 12 others has confessed to the crime, the prosecutors’ office in the town of Smederevo near Belgrade said in a statement on Saturday. Serbia is in shock and mourning after two mass shootings: a school massacre in the capital on Wednesday…
By Daren Butler ISTANBUL (Reuters) – Stuck in Tayyip Erdogan’s shadow throughout his career, opposition leader Kemal Kilicdaroglu believes his time has come to set Turkey on a new path and roll back much of the legacy of the man who has dominated politics for two decades. An alliance of six opposition parties named the…
By Rami Amichai TEL AVIV (Reuters) – Tens of thousands of Israelis joined protests across the country on Saturday against Prime Minister Benjamin Netanyahu’s bitterly disputed plans to tighten controls on the Supreme Court. The planned overhaul, which would give the government control over naming judges to the Supreme Court and let parliament override many…
By Jack Queen (Reuters) – Fox News on Friday asked lawyers for Dominion Voting Systems to investigate whether they leaked controversial internal messages from ousted Fox host Tucker Carlson that were provided in evidence for their recent defamation lawsuit. The requests, which were made in letters released by Fox, came after multiple news outlets published…
LONDON (Reuters) – Shell shareholders should vote against a climate activist resolution seeking faster emissions cuts, proxy advisory firm Institutional Shareholder Services (ISS) said on Saturday, while acknowledging the merits of the proposal. Shell investors will vote at an annual general meeting on May 23 on a resolution filed by the Follow This activist shareholder…
(Reuters) -Early favourite Forte has been scratched from the Kentucky Derby hours before post time for the first leg of U.S. thoroughbred racing’s Triple Crown due to concerns about a bruised front foot, Churchill Downs said on Saturday. The Todd Pletcher-trained dark bay colt had brought a five-race win streak to the 1-1/4-mile Kentucky Derby…
