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

Ukraine devalues ​​hryvnia currency by 25% against US dollar

Ukraine devalues ​​hryvnia currency by 25% against US dollar

Ukrainian 500 hryvnia banknotes and a US 100 dollar banknote are seen in this picture illustration taken in kyiv, Ukraine, October 31, 2016. REUTERS/Valentyn Ogirenko/Illustration Register now for FREE unlimited access to Reuters.com Register KYIV, July 21 (Reuters) – Ukraine’s central bank devalued the hryvnia currency by 25% against the US dollar on Thursday to … Read more

Putin: West cannot isolate Russia and send it back in time

Putin: West cannot isolate Russia and send it back in time

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 18 (Reuters) – Russian President Vladimir Putin said on Monday that it was impossible to cut Russia off from the rest of the world, and that sanctions imposed by Western countries would not turn the clock … Read more

Bank of Canada surprises with 100bp rate hike to tame inflation

Bank of Canada surprises with 100bp rate hike to tame inflation

OTTAWA, July 13 (Reuters) – The Bank of Canada on Wednesday raised its main interest rate by 100 basis points in a bid to crush inflation, surprising markets and becoming the first G7 country to make such an aggressive hike in this economic cycle. The central bank raised its policy rate to 2.5% from 1.5%, … 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

Argentina’s new economy chief sworn in, tries to calm nervous markets

Argentina’s new economy chief sworn in, tries to calm nervous markets

BUENOS AIRES, July 4 (Reuters) – Argentina’s new economy minister Silvina Batakis was sworn in on Monday and quickly moved to calm markets that slid after the shock resignation of her predecessor on fears his exit would spark a shift towards more populist policies and state spending . The closely watched black market peso plunged … Read more

British Army’s Twitter and YouTube accounts restored after hack

British Army’s Twitter and YouTube accounts restored after hack

Army cadets take part in a parade during the Lord Mayor’s show in London, Britain November 13, 2021. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON, July 3 (Reuters) – The British Army regained control of its Twitter and YouTube accounts on Sunday after they were briefly hacked and used to … Read more

Argentina economy minister, IMF deal architect, quits as government crisis builds

Argentina economy minister, IMF deal architect, quits as government crisis builds

Argentina’s Economy Minister Martin Guzman poses for a picture before an interview with Reuters at the Economy Ministry, in Buenos Aires, Argentina December 10, 2020. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, July 2 (Reuters) – Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal … Read more

Apple hikes Japan price of iPhone by nearly a fifth

Apple hikes Japan price of iPhone by nearly a fifth

Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, US, January 27, 2022. REUTERS/Joshua Roberts/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, July 1 (Reuters) – Apple Inc (AAPL.O) has hiked by nearly a fifth the cost of its flagship iPhone phone in Japan, … Read more

The ‘Big Package’: How Russia was driven to default

The ‘Big Package’: How Russia was driven to default

European Commission President Ursula von der Leyen arrives for the European Union leaders summit, as EU’s leaders attempt to agree on Russian oil sanctions in response to Russia’s invasion of Ukraine, in Brussels, Belgium May 30, 2022. REUTERS/Johanna Geron//File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 27 (Reuters) – Russia’s … Read more