Tag Archives: approves

Bloomberg Buffett’s Berkshire Snaps Up Record $24.7 Billion of Own Stock (Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. bought back a record $24.7 billion of its own stock last year and said there’s more to come, as the conglomerate struggled to find other ways to deploy its enormous pile of cash.The company’s purchase of $9 billion of shares in the fourth quarter matched a record set in the previous three-month period, Buffett said Saturday in his annual letter to… Source link

(Bloomberg) — AstraZeneca Plc’s vaccine won approval from Thailand, becoming the third company to clear regulatory requirements for use in Southeast Asia. Thousands of people in Singapore and Indonesia have already received the Pfizer Inc.-BioNTech SE and Sinovac Biotech Ltd. vaccines, and their neighbors are signing more deals to procure supplies. China is also giving free vaccines to countries like the Philippines and Cambodia. Indonesia, Southeast Asia’s biggest and most populous… Source link

The pound gained 0.5% against the US dollar on Wednesday. Photo: Getty Sterling maintained its buoyancy in late afternoon trading in London after the UK parliament voted in favour of the deal 521 votes to 73 on Wednesday. “With the path of the Brexit deal expected to be smooth, sterling continues to be driven by broader market price action,” said Simon Harvey, FX market analyst at Monex Europe. “A weaker dollar has been the main theme of FX markets again this week, with liquidity… Source link

Stocks were mixed Tuesday as investors weighed ongoing virus concerns against lawmakers’ approval of a long-awaited virus relief package, offering funds to help support many of the individuals and businesses hardest-hit by the coronavirus pandemic. The Dow fell more than 200 points, or 0.7%, and the S&P 500 also ticked lower. The Nasdaq rose 0.5% to a record closing high. A day earlier, the Dow had shed more than 400 points, or 1.4%, before recovering losses to end slightly higher during a… Source link

India’s antitrust watchdog has approved Google’s proposed investment of $4.5 billion in the nation’s largest telecom platform Jio Platforms, it said in a tweet on Wednesday. Google announced in July that it would be investing $4.5 billion for a 7.73% stake in the top Indian telecom network. As part of the deal, Google and Jio Platforms plan to collaborate on developing a customized-version of Android mobile operating system to build low-cost, entry-level… Source link