Page 47 - Stk News Today

(Bloomberg) -- Berkshire Hathaway Inc., the conglomerate run by billionaire Warren Buffett, boosted its investment in energy giant Occidental Petroleum Corp. with the purchase of almost 30 million shares. The stock was acquired this year, and brings Berkshire’s total Occidental holding to 113.

The Russia-Ukraine war and impending US Fed rate hikes have given stock traders in Asia a lot to contend with already. Their next challenge is to navigate a spate of elections across the region.

The Russia-Ukraine war and impending US Fed rate hikes have given stock traders in Asia a lot to contend with already. Their next challenge is to navigate a spate of elections across the region.

(Bloomberg) -- FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine.

(Bloomberg Businessweek) -- William Peterffy, the only son of billionaire Thomas Peterffy, has cycled through a lifetime’s worth of occupations in his 32 years.

(Bloomberg) -- Stocks looked poised to fall in Asia Friday on concerns over global growth and inflation risks from the war in Ukraine and the isolation of Russia’s economy. Oil’s rally eased but crude prices were volatile.

(Bloomberg) -- Russia’s stock market closure is only postponing what’s likely to be a plunge when trading resumes. From World War I to 9/11 and the Arab Spring, exchanges have often closed for days, weeks or months in times of turmoil. When markets reopened in those cases, equities slumped.

(Bloomberg Opinion) -- A debate is intensifying about the role of corporate America in the recent wave of higher inflation. Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs.

An overwhelming majority of market participants see the Russian market as “uninvestable” and its securities will be removed from emerging markets indexes effective March 9, MSCI says.

(Bloomberg) -- Iran sharply raised stocks of highly-enriched uranium and continued to stonewall inspectors, the global atomic watchdog said, as its chief prepares to fly to Tehran for talks that might help revive the 2015 pact that had reined in the country’s nuclear program.