Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand

Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand

Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate’s businesses. Operating profit nevertheless rose by 20%, topping analyst forecasts. Berkshire benefited from increased demand and prices … Read more

US charges train Montenegro boxer over 22-ton, $1 trillion cocaine seizure

US charges train Montenegro boxer over 22-ton,  trillion cocaine seizure

NEW YORK, Oct 31 (Reuters) – A former heavyweight boxer from Montenegro was charged by the US Department of Justice on Monday with trafficking in 22 tons of cocaine worth over $1 billion, most of which was part of one of the largest cocaine seizures in American history. Goran Gogic, 43, was arrested on Sunday … Read more

Trucker blockades in Brazil increase in wake of Bolsonaro election defeat

Trucker blockades in Brazil increase in wake of Bolsonaro election defeat

SAO PAULO, Oct 31 (Reuters) – Truckers who support Brazil’s outgoing President Jair Bolsonaro escalated their protests on Monday, blocking roads in 20 states in an action that could affect agricultural exports in one of the world’s top food producers and cause wider economic chaos. Bolsonaro lost Sunday’s election to leftist former President Luiz Inacio … Read more

Mexico warns Venezuelan migrants not to form caravans

Mexico warns Venezuelan migrants not to form caravans

MEXICO CITY, Oct 15 (Reuters) – Mexico’s government on Saturday moved to discourage the formation of caravans by Venezuelan migrants, saying any who do will not be eligible to enter the United States under a new humanitarian scheme announced this week. Under a plan announced on Wednesday, Washington said it would grant up to 24,000 … Read more

NATO to kick off nuclear drills involving B-52 bombers on Monday

NATO to kick off nuclear drills involving B-52 bombers on Monday

BRUSSELS, Oct 14 (Reuters) – NATO said on Friday it would launch its annual nuclear exercise “Steadfast Noon” on Monday, with up to 60 aircraft taking part in training flights over Belgium, the North Sea and Britain to practice the use of US nuclear bombs based in Europe. The nuclear drills – which do not … Read more

Ukraine vows to strengthen its armed forces after major Russian air strikes

Ukraine vows to strengthen its armed forces after major Russian air strikes

Attacks across Ukrainian cities during Monday rush hour Fourteen dead and 97 injured, says Ukraine Zelenskiy after Biden call: Air defense is number 1 priority KYIV, Oct 11 (Reuters) – Ukraine vowed to strengthen its armed forces after Russia launched its biggest aerial assaults on cities since the beginning of the war, forcing thousands to … Read more

Germany to deliver air defense system to Ukraine within days -defence ministry

Germany to deliver air defense system to Ukraine within days -defence ministry

BERLIN, Oct 10 (Reuters) – Germany will deliver the first of four IRIS-T SLM air defense systems to Ukraine within days, German Defense Minister Christine Lambrecht said on Monday. “The renewed missile fire on Kyiv and the many other cities show how important it is to supply Ukraine with air defense systems quickly,” Lambrecht said … Read more

EXCLUSIVE US Navy jet flew across Baltic hours after Nord Stream burst

EXCLUSIVE US Navy jet flew across Baltic hours after Nord Stream burst

Tracking data shows jet flew near site of Nord Stream 2 hours after first damage US navy confirmed it was an American aircraft Says flight was routine OSLO/PARIS/WASHINGTON, Oct 7 (Reuters) – A US Navy reconnaissance aircraft flew near the site of the ruptured Nord Stream 2 pipeline in the Baltic Sea hours after the … Read more

Pilots union opposes granting Boeing 737 MAX 7, 10 cockpit alerting extension

Pilots union opposes granting Boeing 737 MAX 7, 10 cockpit alerting extension

WASHINGTON, Oct 5 (Reuters) – The union representing 15,000 American Airlines (AAL.O) pilots said on Wednesday it strongly opposes an effort in Congress to extend an exemption from modern cockpit alerting requirements for the Boeing 737 MAX 7 and 10. Boeing (BA.N) faces a December deadline to win approval from the Federal Aviation Administration (FAA) … Read more

Russia loses UN aviation council seat in rebuke

Germany to deliver air defense system to Ukraine within days -defence ministry

MONTREAL, Oct 1 (Reuters) – Russia failed to win enough votes for re-election to the United Nation’s aviation agency’s governing council on Saturday, in a rebuke of Moscow for aviation-related actions taken after its invasion of Ukraine. Russia fell short of the 86 votes needed to stay on the International Civil Aviation Organization’s (ICAO) 36-nation … Read more