Warren Buffett says Berkshire Hathaway still shopping abroad

Last Updated: Wednesday, September 9, 2015, 10:03

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

Last Updated: Tuesday, August 11, 2015, 05:25

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

Last Updated: Tuesday, August 11, 2015, 02:46

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

Last Updated: Monday, August 10, 2015, 18:14

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 donates record $2.84 bn to Gates, family charities

Last Updated: Tuesday, July 7, 2015, 01:02

Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire`s plan to give away nearly all of his wealth.

Buffett's Berkshire Hathaway buys into Australian insurer IAG

Last Updated: Tuesday, June 16, 2015, 15:07

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

Last Updated: Saturday, May 16, 2015, 03:40

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''

Last Updated: Sunday, May 3, 2015, 12:07

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.

Heinz deal for Kraft expands food larder for Buffett, 3G

Last Updated: Thursday, March 26, 2015, 08:58

Shares of Kraft, known for its namesake macaroni and cheese in a box, as well as Velveeta, Maxwell House coffee and Oscar Mayer processed meats, closed up nearly 36 percent at $83.17.

China's BYD takes aim at Tesla in battery factory race

Last Updated: Saturday, March 14, 2015, 09:35

Chinese automaker BYD Co Ltd , backed by Warren Buffett`s Berkshire Hathaway Inc , aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage.

Buffett's Berkshire buys sizable new Exxon Mobil stake

Last Updated: Friday, November 15, 2013, 09:01

Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new USD 3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.

Buffett's Berkshire set to get nearly $2.15 bn of Goldman stock

Last Updated: Tuesday, October 1, 2013, 13:21

Warren Buffett's Berkshire Hathaway Inc will receive Goldman Sachs Inc stock worth nearly USD 2.15 billion on Tuesday through warrants acquired as part of a deal originally signed during the depths of the 2008 financial crisis.