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NXP Semiconductors to invest more than US$1 billion in India as it boosts R&D efforts
NXP Semiconductors will invest over US$1 billion in India, doubling its research and development efforts, the Dutch company’s CEO said on Wednesday (Sep 11), joining global names betting on...
Oil prices jump US$1 on Gulf Coast storm, post selloff recovery
OIL futures jumped by a dollar in early trading on Monday as a potential hurricane system approached the US Gulf Coast, and as markets recovered from a selloff following weaker-than-expected...
Buffett’s Berkshire Hathaway hits US$1 trillion market value
WARREN Buffett’s Berkshire Hathaway holding company briefly crossed US$1 trillion in market value Wednesday, making it the first non-tech firm on Wall Street to pass the milestone.Buffett, who turns...
Buffett’s Berkshire Hathaway hits US$1 trillion market value
WARREN Buffett’s Berkshire Hathaway holding company briefly crossed US$1 trillion in market value on Wednesday (Aug 28), making it the first non-tech firm on Wall Street to pass the...
Warren Buffett reaps almost US$1 billion from sale of more BofA shares
WARREN Buffett sold an additional US$982 million of Bank of America (BofA) stock as his conglomerate continues to shrink its investment in the second-largest US bank.
His Berkshire Hathaway has...
ExxonMobil seeks to sell conventional Permian assets for US$1 billion
EXXONMOBIL is looking to sell a package of conventional oil assets in the Permian Basin as the company focuses on growing shale production after buying Pioneer Natural Resources earlier...
Oil prices settle US$1 up on hopes of a Fed rate cut next month
OIL prices settled up more than 1 per cent on Thursday, as expectations for a US interest rate cut in a few weeks fueled a rebound after four days of...
Adani Enterprises to return to equity market with US$1 billion share sale: sources
ADANI Enterprises is likely to launch a US$1 billion share sale by mid-September, three sources with direct knowledge of the matter told Reuters, in the latest attempt by Indian...