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NEW YORK/LONDON : World stocks hit an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, while signaling that further moves could take a while.ECB policymakers delivered their widely flagged quarter-point cut to 3.75 per
Warren Buffett, the 93-year-old billionaire chief of Berkshire Hathaway, mulled his future in telling shareholders on Saturday that if he were lucky, he would have another six or seven years but added that "it could end tomorrow." Tens of thousands of shareholders, who over the weekend made their pilgrimage to see the Oracle of Omaha in person at Berkshire's annual shareholder meeting, hope it doesn't end that soon. "The crowds will be smaller when Buffett isn't here, but the company will still do well," said Jason Garner, a 20-year-old student from Queens ...
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its position in the iPhone maker. Speaking at Berkshire’s annual meeting, the legendary investor paid tribute…
Warren Buffett assured Berkshire Hathaway shareholders of future leadership preparedness and lauded Apple despite trimming its stake.
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger while outlining the expanded roles of the executives who are designated to eventually succeed him in leading the company. The meeting is the 60th…