China’s Xiaomi, the world’s fourth-largest smartphone maker, launched a smartphone on Sunday that will be able to take advantage of new and faster 5G mobile networks.
U.S. and Chinese negotiators met for over seven hours on Saturday to resolve their trade dispute and avoid an escalation of the tit-for-tat tariffs that have already disrupted global commerce, slowed the world economy and roiled financial markets.
Swiss drugmaker Roche Holding AG is nearing a deal to acquire U.S. biotechnology company Spark Therapeutics Inc, the Wall Street Journal reported on Saturday, citing people familiar with the matter.
Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation’s economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy.
Warren Buffett has long told investors in his Berkshire Hathaway Inc they should not pay so much attention to what its stock price is doing.
Southwest Airlines Co’s mechanics, who have been in labor contract talks for more than six years, deserve a new deal that makes them among the best paid in the airline industry, but the low-cost U.S. carrier needs “more supplier flexibility” in return, the company’s chief executive said.
Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation’s economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy.
U.S. and Chinese negotiators met for a fifth straight day on Saturday as the two sides race against a March 1 deadline to reach agreement and prevent a further escalation in their trade war.
Warren Buffett is hunting for “an elephant-sized acquisition,” but he is not optimistic about getting it done.
Mention developing economies… and China and India likely come to mind. It’s true both countries are growing fast. But China is nearly a developed nation, and India isn’t too far behind.
To find the fastest-growing economies, you’d have to travel to Africa.
More than a dozen of the fastest-growing economies in the world are located in Africa. Chief among them is Ethiopia. The East African nation has seen an incredible 10% average annual gross domestic product (GDP) growth in the past decade.
It’s not just Ethiopia that’s booming either…
Senegal’s GDP is growing at 7%, the Ivory Coast’s is growing at 8% and the …read more […]
Sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co pummeled the bottom line of Warren Buffett’s Berkshire Hathaway Inc, which on Saturday reported a large quarterly net loss even though operating profit rose.
Egypt’s top administrative court on Saturday lifted a ban on operations by ride-hailing companies Uber and Careem, which have faced fierce opposition from traditional taxi drivers, a judicial source and lawyer said.
A return to fashion of growth stocks in 2019 helped lead the overall market out of a year-end shakeout, but another multi-year run of growth performing better than value may not be in the cards.
President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping.
A Brazilian judge on Friday suspended negotiations for the tie-up of Brazilian aircraft maker Embraer SA and Boeing Co, according to a court document.
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