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With $116 billion cash, Warren Buffett says Berkshire needs huge acquisitions
Sat, Feb 24, 2018
Last month, Warren Buffett gave greater oversight of Berkshire`s non-insurance businesses such as the BNSF railroad, Precision Castparts and Dairy Queen ice cream to energy executive Gregory Abel, while insurance specialist Ajit Jain added supervision of insurance operations such as the Geico auto insurer.
UK industrialist Sanjeev Gupta sees no let-up in acquisitions in 2018
Wed, Feb 21, 2018
Gupta, who heads the $10 billion turnover consortium that runs metals group Liberty House and energy and commodities group SIMEC, said GFG is pursuing assets in autos and steel in India and aims to build out its new Australian business.
Here are key highlights of Warren Buffett's address to Berkshire Hathaway's AGM
Sun, May 07, 2017
Berkshire Hathaway co-founder and CEO Warren Buffett while addressing the company's Annual General Meeting on Saturday healthcare, trade, stock buybacks, investment in Apple and IBM, among others.
Singapore to open up non-bank finance companies to foreign merger & acquisitions
Tue, Feb 14, 2017
Singapore will open up its non-bank finance firms for the first time to foreign takeovers as part of its efforts to strengthen their financial resilence and operational flexibility.
China steps up capital controls, tightens investment rules for state firms
Wed, Jan 18, 2017
China issued regulatory rules on outbound investments by centrally-controlled state firms, the state asset regulator said on Wednesday, the latest move by Beijing to tighten controls on money moving out of the country and stabilise a faltering yuan.
Fearing tighter US visa regime, Indian IT firms rush to hire, acquire
Mon, Nov 28, 2016
Anticipating a more protectionist US technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States (US) and recruit more heavily from college campuses there.