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

Chilean authorities investigate mysterious large sinkhole near copper mine

Chilean authorities investigate mysterious large sinkhole near copper mine

SANTIAGO, Aug 1 (Reuters) – Chilean authorities started investigating on Monday a mysterious sinkhole about 25 meters (82 feet) in diameter that appeared over the weekend in a mining area in the north of the country. Chilean media showed aerial images of the sinkhole on land operated by a Canadian Lundin Mining (LUN.TO) copper mine, … Read more

Rogers to invest C$10 billion in AI, testing after massive outage

Rogers to invest C billion in AI, testing after massive outage

The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 14, 2022. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register July 24 (Reuters) – Rogers Communications Inc (RCIb.TO)said on Sunday it will invest C$10 billion ($7.74 billion) over the next three … Read more

Aviation sector faces hiring headache as mechanics shortage looms

Aviation sector faces hiring headache as mechanics shortage looms

MONTREAL/BENGALURU, July 15 (Reuters) – Christophe Gagnon considered quitting his avionics studies as COVID-19 crippled aviation, but the 21-year-old stayed in class and now the industry is desperate for more like him to keep planes flying. Two years after lockdowns nearly grounded the airline industry, repair shops and suppliers are scrambling for students like Gagnon, … 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

Finnish group says Russian-built nuclear plant plan

Finnish group says Russian-built nuclear plant plan

HELSINKI, May 2 (Reuters) – Finnish-led consortium Fennovoima said on Monday it had scrapped a contract for Russia’s state-owned Rosatom to build a nuclear power plant in Finland, citing delays and increased risks due to the war in Ukraine. The announcement ended months of uncertainty and years of political wrangling over the planned Hanhikivi 1 … Read more

Germany aims to find alternative to Russian oil within days

Germany aims to find alternative to Russian oil within days

German Economic and Climate Change Minister Robert Habeck addresses a news conference on measures to reduce the carbon dioxide emissions and Germany’s dependence on Russian energy imports amid the Russian war on Ukraine, in Berlin, April 6, 2022. REUTERS/Christian Mang/File Photo Register now for FREE unlimited access to Reuters.com Register BERLIN, April 26 (Reuters) – … Read more