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Warren Buffett used the 'Mona Lisa' to explain why art is a terrible investment - but then compared Berkshire Hathaway to an art museum

"We like to think we're the Metropolitan Museum of businesses," Buffett said in 2000, comparing the…

Theron Mohamed   


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Buy this quiet corner of the stock market as the US braces for a highly active hurricane season, research firm says

A "very active" hurricane season this summer has been predicted with expectations for 23 named stor…

Matthew Fox   


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3 mins read

What the Baltimore bridge collapse means for the US economy

The closure of Baltimore port following the collapse may not affect growth, but experts say it's a …

George Glover,Pete Syme   


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An oil price cap won't stop China and India from quietly snapping up Russian crude with the help of smaller insurers, S&P Global says

Some importers of Russian oil are already using "lower-value" insurance companies, and others may b…

Jennifer Sor   


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Warren Buffett's bank account, Charlie Munger's oil checks, and an Amazon bestseller: 6 nuggets from Berkshire Hathaway's annual meeting

Warren Buffett revealed he spotted red flags at First Republic, preferred owning banks to insurers,…

Theron Mohamed   


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Elon Musk, Mark Zuckerberg, and 6 other tech titans have lost $118 billion on paper this year — more than Warren Buffett's entire fortune

Musk and Zuckerberg have seen nearly $70 billion wiped off their combined net worth this year, whil…

Theron Mohamed   


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4 mins read

Opinion: There is a need to pass the IT Rules, 2021 to tame social media platforms like Twitter

When the IT Act, 2000 was passed, there was no social media presence. Today, platforms like Twit…

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3 mins read

Egyptian judge rules the Ever Given cannot leave local waterways just yet

An Egyptian court rejected an appeal from the ship's insurer, but crew members are allowed to leave…

Madison Hall   


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Theron Mohamed   


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NCLAT asks DLF to register transfer of shares to investor's legal heirs, imposes cost of Rs 5 lakh

New Delhi, Jan 17 () The National Company Law Appellate Tribunal (NCLAT) has directed leading real …

PTI   


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Warren Buffett's Berkshire Hathaway may have inspired Apollo's $11 billion Athene deal

"There are elements of Berkshire Hathaway," Apollo cofounder Marc Rowan said about the merger betwe…

Theron Mohamed   


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The Ever Given's insurer calls the Suez Canal Authority's demand for nearly $1 billion bogus

The UK Club, one of the ship's insurers, said the demand is "largely unsupported" and the Suez Cana…

Madison Hall   


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Warren Buffett's Berkshire Hathaway has a $8.3 billion plan to prevent the next Texas power crisis - and make money in the process

The investor's company wants to build 10 emergency power plants with on-site gas storage, in exchan…

Theron Mohamed   


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Warren Buffett admitted a 'big' mistake, touted Berkshire Hathaway's past deals, and cautioned traders in his annual letter

"Investors must never forget that their expenses are Wall Street's income," the billionaire investo…

Theron Mohamed   


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1 min read

Warren Buffett scores a $570 million gain on his new Japanese stocks in just 2 days

Buffett's company revealed 5% stakes in five Japanese giants on Sunday, sending their stock prices …

Theron Mohamed   


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Warren Buffett's Berkshire Hathaway reveals $6 billion investment in 5 Japanese giants

"I am delighted to have Berkshire Hathaway participate in the future of Japan and the five companie…

Theron Mohamed   


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Warren Buffett's Berkshire Hathaway is in talks to partner with Mitsui, the Japanese trading group's CEO says

"We have been in discussions to identify where we can collaborate on new business and where there a…

Theron Mohamed   


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Madison Hall   


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ICICI Lombard to acquire Bharti AXA General Insurance business

Chennai, Aug 22 (IANS) In a share swap deal, non-life insurer ICICI Lombard General Insurance Compa…

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How Warren Buffett's annual Q&A meetings exploded to become a must-go extravaganza for Berkshire Hathaway shareholders around the world

Word has spread to the world at large about Buffett, and he's still the big draw that starts people…

Akin Oyedele