investments News
Buffett’s Berkshire Hathaway Buys Big Aon Stake
Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co. The changes ...
Pandemic Bonds Get Stay of Execution but Their Future Remains Uncertain
A ruling last week not to wipe out holders of a World Bank financial instrument providing emergency funds to poor countries in a pandemic, was just a stay of execution if bond markets are to be ...
Buffett’s Berkshire Hathaway Invests in Restoration Hardware
Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new investment in RH, boosting shares of the luxury furniture and home furnishings chain once known as Restoration Hardware. Berkshire ...
Buffett’s Berkshire Hathaway Sheds Oracle Holdings, Trims Apple Stake, Adds New Investments
Warren Buffett's Berkshire Hathaway Inc. said it has trimmed its stake in iPhone maker Apple Inc., though none of the selling was Buffett's, and added positions in Canada's Suncor Energy Inc. and ...
China’s Anbang Insurance Reportedly Prepping to Sell $10B in Overseas Properties
China's Anbang Insurance Group Co Ltd is looking to offload overseas properties worth about $10 billion to shore up its balance sheet as part of a government-backed rescue, three people with ...
Investment in Personal Injury Lawsuits With 20 Percent Returns: New Soros Strategy
The billionaire George Soros has found a new way to make money from personal-injury lawsuits. Soros Fund Management is pushing into a branch of litigation finance that few hedge funds have entered. ...
Buffett’s Berkshire Hathaway Boosts Stake in Apple, Buys Teva Shares
Warren Buffett's Berkshire Hathaway Inc on Wednesday disclosed a new stake in generic drugmaker Teva Pharmaceutical Industries Ltd and said it bought more shares of Apple Inc, which surpassed Wells ...
Faced With Brexit, European Banks Trim Exposure to UK Assets
European banks pared their exposure to Britain in the aftermath of its vote to quit the European Union, slashing their U.K. assets by $425 billion in the span of a year. The decline was driven by a ...