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Famed investor Warren Buffett says Berkshire Hathaway (BRK-A, BRK-B), the sprawling investment conglomerate, differs from the typical conglomerates that have earned terrible reputations. “Berkshire is often labeled a conglomerate, a negative term applied to holding companies that own a hodge-podge of unrelated businesses. And, yes, that describes Berkshire – but only in part,” Buffett wrote in his widely-read annual letter. The 90-year-old investor pointed out that historically… Source link

Bloomberg Dangers of Big Oil Spending Cuts Are Visible in Angola’s Slump (Bloomberg) — The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of a slump in oil-industry investment.The nation’s production has fallen by more than a third since 2015, when international oil companies started slashing investment in response to a plunge in crude prices. Despite government efforts to stimulate… Source link

The Telegraph On which mode of transport are you most likely to catch Covid? If you’re hoping to travel (either abroad or domestically) this summer, you may be pondering the best way to actually get to your holiday destination of choice. Transport safety has always been a big question, but since the pandemic, a new element has been added to this – what risk of infection do you expose yourself to aboard each one? While there hasn’t been a definitive answer to the question, it is possible… Source link

India’s conglomerate Reliance Industries has partnered with Facebook Inc, Google and fintech player Infibeam to set up a national digital payment network, Economic Times newspaper reported on Saturday, citing unnamed sources. Last year, the Reserve Bank of India invited companies to forge new umbrella entities (NUEs) to create a payments network that would rival the system operated by the National Payments Council of India (NPCI), as it seeks to reduce concentration risks in the space. Read… Source link

NEW DELHI (Reuters) – India’s conglomerate Reliance Industries has partnered with Facebook Inc, Google and fintech player Infibeam to set up a national digital payment network, Economic Times newspaper reported on Saturday, citing unnamed sources. Last year, India’s central bank invited companies to forge new umbrella entities (NUEs) to create a payments network that would rival the system operated by the National Payments Council of India (NPCI), as it seeks to reduce concentration risks… Source link

Bloomberg Google’s Stadia Problem? A Video Game Unit That’s Not Googley Enough (Bloomberg) — Google’s streaming video game service Stadia had ambitious plans to disrupt the gaming industry, which is dominated by consoles. The tech giant had planned to pack Stadia with original content, announcing two years ago that it was hiring hundreds of game developers and starting studios in Los Angeles and Montreal.But those teams barely had time to get started before they were dismissed earlier… Source link

Will Adding Relevant Content Help Rankings? Updating Content is Not a Simple Process Is Content Quality Linked to Word Count? What About Thin Content? Improving Articles for Better Rankings Citation Google’s John Mueller answered if it’s helpful to add more words to a web page to help it rank better. The idea was that if a page wasn’t ranking, adding more relevant content will help. Will Adding Relevant Content Help Rankings? The person asking the question wanted Mueller’s opinion as to the… Source link

Friday’s slate was a lot of fun, and we have another exciting Saturday slate here. We have seven games in total, beginning at 7ET. What’s fascinating is that we have some of the worst defenses in the NBA on display. That’s definitely going to be a theme in this article, so let’s kick things off with one of those.   Guards  Dejounte Murray, SAN vs. NOP ($35)  The Spurs just had a COVID breakout in their locker room, and it’s leaving Murray to feast. They’re currently without DeMar DeRozan, Source link

It’s a busy Saturday in the NHL, and the main contests at Yahoo! consist of the 10 evening games beginning at 7 p.m. EST. There are two back-to-back matchups with Colorado-Arizona and Los Angeles-Minnesota playing for the second consecutive night. It’s obviously an incredibly deep player pool, so unless you’re looking for contrarian angles, there’s no need to force players into lineups with tough matchups. Vegas, Colorado, Chicago and Tampa Bay are all the largest favorites on the… Source link

Four-time NBA champion LeBron James hit back at Swedish soccer star Zlatan Ibrahimovic on Friday, saying there is no reason why he cannot have just as big an impact off the basketball court as he does on it. James has been a force for social change in America, focusing much of his attention on police brutality and racial injustice against African Americans. He was outspoken about the police shooting of Jacob Blake in Wisconsin last summer, against Donald Trump, and he worked with other NBA… Source link