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Warren Buffett appoints Greg Abel as next Berkshire Hathaway CEO

Investment Week is hosting its Global Emerging Markets Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain. During this interactive briefing, we will hear from a number of global emerging market managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond. The managers will identify where they are seeing the biggest opportunities and risks at the ...
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Assured India no safety concerns with COVID-19 vaccine: Pfizer : Bulletin: Business Today

Loading the player... Assured India no safety concerns with COVID-19 vaccine: Pfizer Pfizer said it told the Indian government that there was no concern over the safety of its COVID-19 vaccine, as India insists on small local trials for foreign shots despite a record surge in infections and shortage of doses. Pfizer, Johnson & Johnson and Moderna have been invited to sell their vaccines to India but none have applied to do so yet. Pfizer, however, is holding fresh talks with the government afte...
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TOP NEWS SUMMARY: Saudi Aramco reports 30% rise in quarterly income

TOP NEWS SUMMARY: Saudi Aramco reports 30% rise in quarterly income Tue, 4th May 2021 10:58 (Alliance News) - The following is a summary of top news stories Tuesday. COMPANIES Saudi Arabian Oil Co said income grew by almost a third in the first quarter of 2021. Aramco, based in Dhahran, said net income was USD21.7 billion for the first quarter of 2021, a 30% increase from USD16.7 billion a year prior, primarily driven by a stronger oil market and higher refining and chemicals margins, partly of...
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Source: lse.co.uk

News Highlights: Top Energy News of the Day

Provided by Dow Jones Crude Rises As Economic Recovery Marches On Crude-oil prices settled higher amid increasing signs of post-Covid recovery in the developed world. EPA Proposes Rules to Curb Air Conditioner Emissions The proposal from the U.S. Environmental Protection Agency is the first step toward meeting new mandates to cut supply by 85% over 15 years. Stoneway, Bondholders at Odds Over Restructuring Venue Senior bondholders want the companys restructuring pr...
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Wall Street logs obtains Monday on strong earnings | News, Sports, Jobs

Damian J. Troise and Alex Veiga Health care and energy companies helped push stocks higher Monday, as Wall Street kicked off the first trading day in May with more gains after a four-month winning streak. The S&P 500 rose 0.3%. Industrial and financial stocks also helped lift the market. Falling technology and communication stocks, and companies that rely on consumer spending, kept the market’s gains in check. Treasury yields were mixed. Investors welcomed new economic data indicating the ec...
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Warren Buffett says Greg Abel would become Berkshire CEO after he's gone

Warren Buffett says Greg Abel would become Berkshire CEO after hes gone Posted : 2021-05-04 15:13 Updated : 2021-05-04 15:13 Berkshire Hathaways vice chairman Gregory Abel speaks at Berkshires annual meeting, held virtually for a second year, in Los Angeles, Calif., May 1, in this screengrab taken from a livestream video. Reuters-Yonhap Warren Buffett ended years of speculation about who would succeed him at Berkshire Hathaway by saying Vice Chairman Greg Abel would take over as chief execut...
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Market Report: Travel stocks take off as runway for summer holidays looks more promising

Market Report: Travel stocks take off as runway for summer holidays looks more promising FTSE 100  made a bright start as airlines and  other travel stocks got a lift from the holiday resumption talk over the weekend. London’s blue-chip index rose 38 to 7,008.   Pandora says it will no longer sell natural diamonds and instead will switch exclusively to synthetic lab-made diamonds. CEO The group, which is world’s biggest jeweller, said the move was part of a broader sustainability drive. ...
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Buffett says Abel would become Berkshire CEO

Updated / Tuesday, 4 May 2021 08:03 Berkshire Hathaways CEO Warren Buffett is 90 years of age Warren Buffett ended years of speculation about who would succeed him at Berkshire Hathaway by saying Vice Chairman Greg Abel would take over as chief executive officer if he were to step down. "The directors are in agreement that if something were to happen to me tonight, it would be Greg whod take over tomorrow morning," Buffett said, according to a CNBC report. Buffett, 90, has never provided a tim...
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Source: rte.ie

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