Business

Oil and gas majors and traders suspend shipments via Hormuz as US attacks Iran, sources say

Saturday, February 28 by SRN News

LONDON, Feb 28 (Reuters) - Several tanker owners, oil majors and trading houses have suspended crude oil, fuel and liquefied natural gas shipments via the Strait of Hormuz after the U.S. and Israel attacked Iran and Tehran said it had closed navigation, trading sources... Read More.

Berkshire Hathaway profit falls on writedowns, lower insurance income

Saturday, February 28 by SRN News

Feb 28 (Reuters) - Berkshire Hathaway on Saturday said operating profit fell in the fourth quarter, as it wrote down investments in Kraft Heinz and Occidental Petroleum while income from its insurance businesses declined. The quarter was Warren Buffett's last as the conglomerate's chief executive,... Read More.

How US-Iran tensions could shape world markets

Saturday, February 28 by SRN News

By Dhara Ranasinghe and Hadeel Al Sayegh LONDON/ABU DHABI, Feb 28 (Reuters) - The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict that President Donald Trump said would end a security... Read More.

Market analysts react to US-Israel strikes on Iran

Saturday, February 28 by SRN News

Feb 28 (Reuters) - The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict that President Donald Trump said would end a security threat and give Iranians a chance to topple... Read More.

Warren Buffett’s successor Greg Abel publishes his first letter to Berkshire Hathaway shareholders

Saturday, February 28 by SRN News

OMAHA, Neb. (AP) - Warren Buffett's successor released his first letter to Berkshire Hathaway shareholders on Saturday as the company took a $4.5 billion write-down on the value of its Kraft Heinz and Occidental Petroleum stakes. Greg Abel took over as CEO in January, so... Read More.

Attack on Iran disrupts flights across the Middle East and beyond

Saturday, February 28 by SRN News

LONDON (AP) - The U.S. and Israel's attack on Iran disrupted flights across the region and beyond. The United Arab Emirates, home to both the long-haul carriers Emirates and Etihad, and Israel closed their airspace on Saturday. Qatar Airways Group said it has temporarily canceled... Read More.

From box office bomb to media powerhouse: Skydance’s 20-year rise

Saturday, February 28 by SRN News

NEW YORK (AP) - In its debut film, Skydance Productions released a special effects-laden World War I drama about fighter pilots with a starring role for an unknown actor, the company's founder, David Ellison. It was a box office bomb. Twenty years later, in a twist... Read More.

Chilean lithium miner SQM’s fourth-quarter profit jumps 53%

Saturday, February 28 by SRN News

Feb 27 (Reuters) - Chilean lithium producer SQM on Friday reported a rise in fourth-quarter net profit, as a stronger pricing environment lifted average lithium prices and boosted results. The world's second-largest lithium producer said net income for the quarter was $183.8 million, up 53%... Read More.

Dominican Republic has over 150 million tons of rare earth deposits, president says

Saturday, February 28 by SRN News

SANTO DOMINGO, Feb 27 (Reuters) - The Dominican Republic has identified rare earth deposits that could position the Caribbean nation as a significant future supplier of minerals critical to high-tech industries, President Luis Abinader said on Friday. Preliminary studies indicate gross deposits exceeding 150 million... Read More.

Brazil partially rolls back import tax hike

Friday, February 27 by SRN News

By Marcela Ayres and Bernardo Caram BRASILIA, Feb 27 (Reuters) - Brazil's government partially rolled back a controversial increase in import tariffs approved earlier this year, the Ministry of Development, Industry, Trade and Services said on Friday. The move, previously reported by Reuters, citing sources,... Read More.

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Current Weather

Oil and gas majors and traders suspend shipments via Hormuz as US attacks Iran, sources say

Berkshire Hathaway profit falls on writedowns, lower insurance income

How US-Iran tensions could shape world markets

Market analysts react to US-Israel strikes on Iran

Warren Buffett’s successor Greg Abel publishes his first letter to Berkshire Hathaway shareholders

Attack on Iran disrupts flights across the Middle East and beyond

From box office bomb to media powerhouse: Skydance’s 20-year rise

Chilean lithium miner SQM’s fourth-quarter profit jumps 53%

Dominican Republic has over 150 million tons of rare earth deposits, president says

Brazil partially rolls back import tax hike

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