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Warren Buffett says Greg Abel would become Berkshire CEO after he's gone Posted : 2021-05-04 15:13 Updated : 2021-05-04 15:13 Berkshire Hathaway's vice chairman Gregory Abel speaks at Berkshire's 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 executive officer if he were to step down. "The directors are in agreement that if something were to ha...

AXIS Capital Holdings Limited: Axis Capital Reports First Quarter Net Income Available to Common Shareholders of $116 Million, or $1.36 Per Diluted Common Share Operating income of $83 million, or $0.97 per diluted common share Improvement of 4.3 points in current accident year combined ratio, excluding catastrophe and weather-related losses, compared to the prior year Annualized return on average common equity ("ROACE") of 9.9% and annualized operating ROACE of 7.1% Book value per diluted common share of $53.03, an increase of $3.25, or 7%, compared to March 31, 2020 AXIS Capital Holdings Li...

Kazakh PM chairs meeting of Council for Improving the Investment Climate 21 April 2021 17:19 Share in: NUR-SULTAN. KAZINFORM – A meeting of the Council for Improving the Investment Climate focusing on the implementation of tax reform in Kazakhstan has been chaired by Kazakh Prime Minister, Kazinform cites the press service of the Head of the Kazakh Cabinet. Related news At the meeting the reports by Canada’s Ambassador Nicholas Brousseau, EU Ambassador Sven-Olov Carlsson, US Chargé d'affaires ad interim Theodore Ling, UK Chargé d'aff...

The Weekend Wrap: Financial Education, Student Loans, Recovery, Jobs, and a Crypto IPO With all the emphasis on stimulus checks, you might have missed some of the personal financial changes in the American Recover Plan. You might also want to know where the job market is heading; what is planned for student loan debt; the push for financial education; and a first in an IPO. Efforts to Require Financial Education Rising You can see Americans at international sporting events and political gatherings shouting: “U.S.A, U.S.A.” and “We’re number one!” However, you don’t see proud paren...

S&P affirms N. Macedonia's foreign, local currency ratings gary yim/Shutterstock.com SKOPJE (North Macedonia), February 22 (SeeNews) – Standard&Poor's said it has affirmed its 'BB-/B' long-term and short-term foreign and local currency sovereign credit ratings on North Macedonia, with a stable outlook. The ratings agency expects the country's economy to grow by 3.6% in 2021, whereas its current account and fiscal deficits are seen narrowing gradually by 2024 as net government debt rises to about 57% of GDP, it said in a statement last week. S&P added it could lower North ...