Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows
(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7,…
Month: June 2024
Norway wealth fund to vote against Musk’s $56 billion Tesla pay package
By Louise Rasmussen and Gwladys Fouche OSLO (Reuters) -Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote…
Fed hawks and doves: what they are saying on monetary policy
(Reuters) -The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of…
Exclusive-IPOs of Walmart’s Flipkart, PhonePe could take couple of years, Walmart exec says
By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Initial public offerings of Walmart’s Flipkart marketplace and PhonePe digital payments platform could…
Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay
By Tom Hals WILMINGTON, Delaware (Reuters) – The legal team that voided Elon Musk’s record Tesla pay package deserves a…
U.S. trade panel votes to proceed with solar panel tariff probe
(Reuters) – The U.S. International Trade Commission (ITC) voted on Friday to proceed with an investigation into whether solar panels…
Meta’s WhatsApp launches new AI tools for businesses
By Dani Morera and Andre Romani SAO PAULO (Reuters) -Meta launched its first AI-driven ad targeting program for businesses on…
GameStop surges as ‘Roaring Kitty’ posts upcoming livestream
(Reuters) – Shares of GameStop surged over 30% on Thursday after the online stock influencer known as “Roaring Kitty” posted…
$1.3 billion UK lawsuit accuses Amazon of misusing small sellers’ data
LONDON (Reuters) – Amazon is facing a one billion-pound ($1.3 billion) collective lawsuit from British retailers who allege that the…
Robinhood bets big on crypto with $200 million deal for Bitstamp
By Manya Saini (Reuters) -Trading platform Robinhood Markets said on Thursday it has agreed to buy crypto exchange Bitstamp for…