Berkshire Hathaway stake in Occidental Petroleum rises to 23.6%
Warren Buffett's Berkshire Hathaway Inc boosted its ownership stake in Occidental Petroleum Corp to about 23.6% after buying nearly 3.7 million additional shares.
Source: reuters.com
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Gulf equities open mixed amid rising oil prices
Major Gulf markets opened mixed on Monday, mirroring gains in oil prices as investors pin their hopes on modest interest rate hikes amid governments' efforts to soothe fears over the global banking system.
Source: reuters.com
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Britain's John Lewis has lost its soul, says Mary Portas
British retail consultant and television personality Mary Portas has written an open letter to the John Lewis Partnership accusing the group of losing its soul for considering a change to its longstanding model of employee ownership.
Source: reuters.com
Thabo Bester: from jail cell to million-rand mansions
‘Facebook rapist’ pulls off second audacious escape, this time from posh Joburg mansion where he'd been hiding in plain sight.
Source: timeslive.co.za
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Most Gulf markets end lower as oil prices drop; Egypt up
Most Gulf stock markets ended lower on Thursday, as oil prices declined after Federal Reserve Chair Jerome Powell highlighted banking sector credit risks for the world's largest economy.
Source: reuters.com