By Jonathan Stempel OMAHA, Nebraska (Reuters) -Berkshire Hathaway shareholders on Saturday rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based initiatives, one of seven proposals tied to diversity, artificial intelligence and other issues that were voted down. Shareholders also voted against a resolution that Berkshire report on how its business pract ...
Investing.com – Russia stocks were lower after the close on Saturday, as losses in the Mining, Oil & Gas and Telecoms sectors led shares lower.At the close in Moscow, the MOEX Russia Index fell 2.80%.The best performers of the session on the MOEX Russia Index were PIK SHb PJSC (MCX:PIKK), which rose 1.43% or 6.30 points to trade at 448.30 at the close. Meanwhile, Polyus PJSC (MCX:PLZL) added ...
By Koh Gui Qing and Jonathan Stempel OMAHA, Nebraska (Reuters) -When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway (NYSE:BRKa) at the end of this year, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. Abel, 62, now a Berkshire vice chairman, is expected by investors and analysts to uphold the $1.18 trillion ...
(Reuters) -Shell Plc is working with advisers to evaluate a potential acquisition of rival BP (NYSE:BP) Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg News reported on Saturday citing people familiar with the matter. The oil major has been more seriously discussing the feasibility and merits of a takeover with its advisers in r ...