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.

In Sahara case, Buffett and Bernie Madoff are examples!

Last Updated: Sunday, July 19, 2015, 14:54

Sahara, on its part, has told court that it has been wrongly dragged into the dispute between two entities over "a potential business relationship gone sour".

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.

Lunch with Warren Buffett auctioned for $2.35 million

Last Updated: Sunday, June 7, 2015, 03:13

The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.

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.

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.

Bill Gates tops Forbes rich list, Michael Jordan joins

Last Updated: Tuesday, March 3, 2015, 01:42

Bill Gates stands atop Forbes magazine`s annual list of the world`s richest people, as Facebook Inc`s Mark Zuckerberg joined the top 20 and basketball star Michael Jordan ploughed new air by making the list for the first time.

Buffett way ahead in $1 mn wager against hedge funds

Last Updated: Thursday, February 12, 2015, 23:24

On the eve of the 2008 financial crisis, a US hedge fund chief bet $1 million that his complex, high-cost strategies could beat the plodding approach of investment guru Warren Buffett.