Text size Warren Buffett, CEO of Berkshire Hathaway, has been enamored of energy stocks this year. AFP via Getty Images Berkshire Hathaway bought about $350 million of stock in Occidental Petroleum on Monday and Tuesday, lifting its stake in the energy company to $8.8 billion, according to a regulatory filing Wednesday evening. Berkshire Hathaway (ticker: … Read more
Delhi saw a peak power demand of 6,194 MW on Monday, the highest demand ever recorded in the first week of May, as the people of the city battled heatwave conditions. The national capital had also seen record peak power demand last month. Delhi saw a peak of 6,197 MW, … Read more
Amid a rise in customer complaints against cab aggregators, consumer protection regulator CCPA has called a meeting of ride-hailing platforms like Ola and Uber next week for seeking details about their policies related to pricing and cancellation of rides. Speaking to PTI, Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi … Read more
Unionised staff at the Financial Conduct Authority will mount the first strike in the chief UK financial regulator’s nine-year history this week over a dispute about pay and working conditions. Staff will go on strike on Wednesday and Thursday following a protracted battle with management over restructuring plans that Unite claims would amount to pay … Read more
India’s vaccine think-tank the National Technical Advisory Group on Immunisation (NTAGI) is likely to meet mid-week to review the data of Covid-19 vaccines Covovax and Corbevax for the age group 5-12 years, according to sources in the know. This may pave the way for the inclusion of younger children in … Read more
With heatwave conditions continuing unabated, the peak power demand in Delhi rose to 6,194 MW on Monday, the highest ever for the first week of May, officials said. The power demand had crossed the 6,000 MW mark for the first time in April. It was over 6,000 MW on several … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content NAPERVILLE — All 11 U.S. Crop Watch farmers report that corn and soybean planting progress was slower than normal last week in their respective areas, and many see spotty opportunities in the coming week, which could put the overall planting campaign well behind schedule. … Read more
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: May 02, 2022 • 21 minutes ago • 2 minute read • Join the conversation Article content BUDAPEST — Most central European currencies eased on Monday in thin trade as markets in London were closed for a bank holiday and traders looked ahead to a … Read more
NEW DELHI: The domestic equity market tightly held consolidation range for the second successive week and finally ended with a cut of nearly half a per cent. Nervousness in global markets combined with a mixed start of Q4 earnings on the domestic front kept volatility high throughout the week. The new week is a holiday-shortened … Read more
Lia Toby/Getty Images Entertainment Bridgerton (NASDAQ:NFLX) kept up its dominance of streaming viewing for a second week, proving it’s still a leader among direct-to-consumer programs, and that its home of Netflix still has the bulky share of eyeballs – which might be cold comfort for Netflix investors after a post-earnings sell-off driven by user concerns. … Read more