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      Volkswagen’s China crunch deepens as Europe’s biggest carmaker weighs 100,000 job cuts

      Volkswagen is suffering from high costs, fierce Asian competition and a prolonged bitter conflict with unions over plant closures.

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Warren Buffett

  • Warren Buffett’s Berkshire Hathaway dumps half of its Apple stake

    August 4, 2024

    Warren Buffett’s Berkshire Hathaway has dumped half of its Apple holdings as it continues to trim its position in the company.

  • Cazoo has collapsed. Was its bold approach to sport sponsorship to blame?

    May 30, 2024

    Last week, online car dealership Cazoo collapsed into administration. The brand had made a name as one of Europe's most prolific sponsors - was this to blame?

  • Warren Buffett and The Big Short’s Michael Burry: Why are they selling Apple and buying gold?

    May 16, 2024

    The latest portfolio moves of Warren Buffett and Michael Burry have been revealed.

  • Days of ‘eye-popping’ gains are over for Berkshire Hathaway, Buffett writes

    February 25, 2024

    Warren Buffett warned that the days of "eye-popping" gains for Berkshire Hathaway are over given its huge size and the dearth of attractive investment opportunities.

  • Charlie Munger, Buffett pal and investment legend, dies aged 99

    November 29, 2023

    Charlie Munger passed away aged 99, leaving a huge hole in the investment community

  • Warren Buffett turns record profit – despite lashings of global headwinds

    February 25, 2023

    Warren Buffett’s Berkshire Hathaway Inc on Saturday reported its highest-ever annual operating profit, even as foreign currency losses and lower gains from investments caused fourth-quarter profit to fall. Buffett called 2022 a “good year” for Berkshire in his annual shareholder letter after the conglomerate’s dozens of businesses generated $30.8 billion of profit despite rising inflation and [...]

  • Warren Buffett reveals over $4bn stake in world’s largest chipmaker TSMC

    November 15, 2022

    American business magnate Warren Buffett’s Berkshire Hathaway has revealed a $4.1bn (£3.4bn) stake in the world’s largest chipmaker, in a rare big bet on tech. Shares in Taiwan Semiconductor Manufacturing Company (TSMC) rose 7.8 per cent to $480 (£405) a share by the time Taipei’s market closed, on the back of Buffett weight in investment [...]

  • Warren Buffett’s Berkshire Hathaway books $43.8bn loss after slide on equity markets

    August 6, 2022

    Warren Buffett’s Berkshire Hathaway was hit by the global rout on equity markets in the second quarter of the year as it booked a hefty $43.8bn loss.

  • Buffet with Warren Buffett: Lunch with iconic businessman raises record $19m in eBay charity auction

    June 18, 2022

    A lunch with billionaire businessman Warren Buffett has been auctioned for a whopping $19m, marking the most expensive item to be sold on eBay for charity.

  • Berkshire Hathaway says shareholders should vote against plans to replace Warren Buffett as chairman

    March 12, 2022

    Berkshire Hathaway has called on shareholders to vote against plans to replace Warren Buffet as chairman of the Omaha headquartered investment company. The Board of Berkshire Hathaway said shareholders should vote down a proposal, put forward by Pennsylvania investment firm Federated Hermes, to separate the positions of Chairman and CEO within the firm. The move [...]

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