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

Russian forces redeploying in three southern Ukraine regions – Zelenskiy helps

Russian forces redeploying in three southern Ukraine regions – Zelenskiy helps

A rescuer stands next to a shell crater at a residential area destroyed by a Russian military strike, as Russia’s attack on Ukraine continues, in the town of Toretsk, Donetsk region, Ukraine July 27, 2022. Press service of the State Emergency Service of Ukraine /Handout via REUTERS Register now for FREE unlimited access to Reuters.com … Read more

Kremlin: German ex-chancellor Schroeder in Moscow, meeting possible

Kremlin: German ex-chancellor Schroeder in Moscow, meeting possible

Former German Chancellor Gerhard Schroeder is pictured during an interview with Reuters in his office in Berlin, Germany, November 15, 2018. REUTERS/Fabrizio Bensch Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 26 (Reuters) – The … Read more

Wall Street closes sharply higher on strong corporate earnings

Wall Street closes sharply higher on strong corporate earnings

Boeing raises on deal to sell jets to 777 Partners Johnson & Johnson and IBM fall on dollar impact warning Halliburton, Hasbro, Truist rise after profit beat Indexes Up: Dow 2.43%, S&P 500 2.76%, Nasdaq 3.11% Biggest one-day percentage gain for Nasdaq since June 24 July 19 (Reuters) – US stocks closed with sharp gains … Read more

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

EXCLUSIVE Saudi Arabia doubles Q2 Russian fuel oil imports for power generation

People walk near power plant number 10 at Saudi Electricity Company’s Central Operation Area, south of Riyadh, April 27, 2012. REUTERS Register now for FREE unlimited access to Reuters.com Register This includes content produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Kingdom burns Russian fuel to free up crude … Read more

Explainer: What happens if Germany’s Russian gas flows stop

Explainer: What happens if Germany’s Russian gas flows stop

FRANKFURT, July 11 (Reuters) – Germany, the world’s fourth-biggest economy, is preparing for all scenarios including a complete stop to Russian gas supplies once a regular 10-day maintenance period on the giant Nord Stream 1 pipeline ends. Maintenance on the pipeline, which carries Russian gas directly into Germany, began on July 11 but Berlin is … Read more

Canada will return repaired turbine for Nord Stream 1, expand sanctions on Russia

Canada will return repaired turbine for Nord Stream 1, expand sanctions on Russia

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register OTTAWA, July 9 (Reuters) – Canada will return a repaired Russian turbine to Germany needed for maintenance on the Nord Stream 1 gas pipeline, … Read more

EXCLUSIVE How an Indian cement maker bought Russian coal using yuan

EXCLUSIVE How an Indian cement maker bought Russian coal using yuan

NEW DELHI, July 8 (Reuters) – An Indian cement maker’s recent purchase of Russian coal using yuan involved India’s biggest private lender, HDFC Bank, according to an invoice seen by Reuters and a source, as more details emerge of the kind of trade that could blunt Western sanctions against Moscow. There is no suggestion that … Read more

Canada’s Ukrainian community urges Trudeau not to return Russian gas turbine

Canada’s Ukrainian community urges Trudeau not to return Russian gas turbine

Ukrainians fleeing Russia’s invasion arrive on the first of three federally chartered flights to the city of Winnipeg, home to a large Ukrainian diaspora, at the James Armstrong Richardson International Airport in Winnipeg, Manitoba, Canada, May 23, 2022. REUTERS/Shannon VanRaes Register now for FREE unlimited access to Reuters.com Register OTTAWA, July 7 (Reuters) – Canada’s … Read more

EXCLUSIVE Ukraine urges Canada not to hand over gas turbine to Russia

EXCLUSIVE Ukraine urges Canada not to hand over gas turbine to Russia

KYIV, July 8 (Reuters) – Ukraine opposes Canada handing over a turbine to Russia’s state-controlled Gazprom for natural gas supplies to Germany as the move would contravene sanctions on Russia, a Ukrainian energy ministry source told Reuters on Thursday. Gazprom (GAZP.MM) cut the capacity along the Nord Stream 1 pipeline to just 40% of usual … Read more