Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in US stock prices … Read more

Amazon’s connected device cart grows with $1.7 billion deal for Roomba maker

Amazon’s connected device cart grows with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire the maker of robot vacuum cleaner iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to expand its cart of smart home devices. Amazon will pay $61 per share, valuing the Roomba-maker at a … Read more

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a … Read more

Ukraine’s Zelenskiy says Schroeder’s actions are ‘disgusting’

Ukraine’s Zelenskiy says Schroeder’s actions are ‘disgusting’

Former German Chancellor Gerhard Schroeder is pictured during an interview with Reuters in his office in Berlin, Germany, November 15, 2018. Picture taken November 15, 2018. REUTERS/Fabrizio Bensch/File Photo Register now for FREE unlimited access to Reuters.com Register KYIV, Aug 3 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Wednesday branded as “disgusting” the behavior of … Read more

Fed officials beat inflation drum; 50-basis-point rate hike ‘reasonable’ next month

Fed officials beat inflation drum;  50-basis-point rate hike ‘reasonable’ next month

Aug 3 (Reuters) – Federal Reserve officials voiced their determination again on Wednesday to rein in high inflation, although one noted a half-percentage-point hike in the US central bank’s key interest rate next month might be enough to march toward that goal. “I start from the idea that 50 (basis points) would be a reasonable … Read more

Evergrande offers sweetener for debt revamp as China property crisis worsens

Evergrande offers sweetener for debt revamp as China property crisis worsens

A partially removed company logo of China Evergrande Group is seen on the facade of its headquarters, near a traffic light in Shenzhen, Guangdong province, China January 10, 2022. REUTERS/David Kirton Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 29 (Reuters) – China Evergrande Group will offer its offshore creditors asset … Read more

Sale of island fixer-upper closes as market comes to a standstill

Sale of island fixer-upper closes as market comes to a standstill

1264 Scarborough Rd., Bowen Island, BC Asking price: $649,000 (Feb. 14) Selling price: $585,000 (Feb. 25) Previous selling price: $275,000 (2005) Days on market: 11 Tax: $2,685.39 Buyer’s agent: Mary Lynn Machado, Macdonald Realty The Action The house, which was tenanted, has three bedrooms, one bathroom and a fireplace, but it’s so dated that there … Read more

Austrian spy firm accused by Microsoft says hacking tool was for EU states

Austrian spy firm accused by Microsoft says hacking tool was for EU states

A Microsoft logo is seen at a pop-up site at Roosevelt Field in Garden City, New York July 29, 2015. REUTERS/Shannon Stapleton Register now for FREE unlimited access to Reuters.com Register LONDON, July 29 (Reuters) – An Austrian firm which Microsoft (MSFT.O) said created malicious software that was detected on the computer systems of some … Read more

Kai Kara France: ‘I Stopped Chasing Becoming the Champion and Started Believing It’ | UFC 277 – UFC – Ultimate Fighting Championship

Kai Kara France: ‘I Stopped Chasing Becoming the Champion and Started Believing It’ |  UFC 277 – UFC – Ultimate Fighting Championship

Kai Kara France: ‘I Stopped Chasing Becoming the Champion and Started Believing It’ | UFC 277 UFC – Ultimate Fighting Championship ‘I’m the dark horse’: UFC 277 backup fighter Alexandre Pantoja wants shot at interim title with Deiveson Figu… MMA Fighting Kai Kara-France: It’s my time to be champion, Brandon Moreno already has his | … Read more

Meta posts first-ever revenue drop as inflation throttles ad sales

Meta posts first-ever revenue drop as inflation throttles ad sales

Facebook’s new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp, Oculus in this illustration picture taken October 28, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register July 27 (Reuters) – Meta Platforms Inc (META.O) issued a gloomy forecast after recording its first … Read more