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NEW YORK: American Express Co on Friday warned that business travel spending would not pick up before early 2022 after reporting underwhelming third-quarter profit due to weak spending on travel and entertainment by its card users.
Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its "mini app store" by the first quarter of 2021, it said on Oct 8, seeking to challenge the dominance of Alphabet's Google in India's mobile web economy.
THE Americans do it. The Malaysians do it. Of course, we are talking about companies announcing share splits or bonus issues.
NEW YORK: Warren Buffett's Berkshire Hathaway Inc said on Friday it had cut its Wells Fargo & Co stake to 3.3%, further reducing what had once been a US$32 billion investment in the bank.
NEW YORK: What does Warren Buffett see in Japan’s biggest trading companies?
NEW YORK: Berkshire Hathaway Inc's US$6.2 billion foray into Japan's five largest trading houses may signal billionaire Warren Buffett's expectation that inflation and a falling U.S. dollar may make international equities more attractive when economies worldwide recover from the coronavirus pandemic
BEIJING, Aug 31 (AP): Asian stock markets gave up early gains Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady.
NEW YORK/ TOKYO: Berkshire Hathaway Inc has bought a 5% stake in each of Japan's five biggest trading houses, together worth over $6 billion, marking a departure for Chairman Warren Buffett as he looks beyond the United States to diversify his conglomerate.
SYDNEY: Asian shares notched a 29-month high on Monday as investors wagered global central banks would keep topping up the policy punchbowl for years to come, while an upbeat reading on China's service sector augured well for recovery there.
SYDNEY: Asian shares notched a fresh two-year high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period, keeping the safe-haven dollar on the defensive.