New York (CNN Business)It may not be the “elephant-sized” deal that Warren Buffett has long promised, but Berkshire Hathaway is making its biggest acquisition in years: it’s buying insurer Alleghany for $11.6 billion in cash. Buffett, the “Oracle of Omaha,” has been saying for years that he wants to make a huge purchase — but that companies were too expensive. […]
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By ValueWalk, Adriaan Brits Investors eye BlackRock’s example of ESG investing, particularly as gas prices force EV adoption. Solar Integrated Roofing Corp. and other fast-moving solar charging providers are particularly attractive for those who believe Tesla’s market share will shrink in the U.S. America’s major automakers are going all-in with new all-electric vehicles as the ESG investment trend accelerates. It […]
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FILE PHOTO: The logo of AstraZeneca is seen on medication packages in a pharmacy in London April 28, 2014. REUTERS/Stefan Wermuth(Corrects typographical error in paragraph 1) (Reuters) – AstraZeneca said its antibody-based cocktail to prevent and treat COVID-19 was shown to retain neutralising activity against Omicron coronavirus variants, including the highly contagious BA.2 sub-variant, in an independent lab study. Data […]
Read moreFOX Business Flash top headlines for March 18 Here are your FOX Business Flash top headlines for March 18. Oil prices rose in Asian trade Monday after talks between Ukraine and Russia show little signs of progress, Dow Jones Newswires reported. Financial markets are still largely determining oil prices by assessing the likelihood of a diplomatic solution to the Ukraine […]
Read moreFed’s going to let inflation ‘run a little longer’ than expected: Expert Expert trader Scott Shellady and Fidelity Investments’ John Gagliardi discuss the Fed raising rates and how it will impact the economy. While the earnings parade will slow down this week, investors will still be watching the release of several important economic indicators, including pending and new home sales, […]
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FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid/File Photo/File Photo(Reuters) -A U.S. court dismissed a lawsuit against Amazon.com Inc on Friday that accused the company of antitrust violations for barring third-party sellers from offering better deals for their products elsewhere. Judge […]
Read moreFOX Business Flash top headlines for March 17 Here are your FOX Business Flash top headlines for March 17. PayPal has rolled out new services available in Ukraine to help its customers send money quickly to friends and family. The aim is to help Ukrainian customers, who have traveled to other countries seeking refuge, to access critical funds. GET FOX […]
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KYIV/LVIV, Ukraine (Reuters) – Russia fired missiles at an airport near Lviv on Friday, a city where hundreds of thousands of refugees are sheltering far from Ukraine’s battlefields, as Moscow tries to regain the initiative in its stalled campaign against Ukraine. U.S. President Joe Biden was due to talk with Chinese president Xi Jinping later on Friday, in an attempt […]
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Gold futures ended higher on Thursday, snapping a four-day losing streak, as the dollar fell against most of its major counterparts and bond yields drifted lower. With the Federal Reserve hiking interest rates by just 25 basis points, throwing a surprise to some sections of the market that had priced in a stronger rate hike, the dollar shed ground against […]
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