Stock Market

With the sale of 1.72 million H shares, Berkshire reduces its stake in China’s BYD.

Shanghai: According to a filing on Friday, Warren Buffett’s investment company, Berkshire Hathaway (NYSE: BRKa), has sold 1.72 million Hong…

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The U.K.’s competition watchdog gives the go-ahead for Norton and Avast to join forces.

NortonLifeLock Inc.’s (NASDAQ:NLOK) plan to buy rival Avast PLC (LON:AVST) for £6 billion was given final approval by the U.K.’s…

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Credit Suisse is considering cutting about 5,000 jobs.

Zurich A source with direct knowledge of the situation told Reuters that Switzerland’s second-largest bank, Credit Suisse, is thinking about…

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Lufthansa has to cancel a lot of flights because pilots are on strike over pay.

FRANKFURT Pilots at Lufthansa went on strike on Friday, which caused the German airline to cancel hundreds of flights and…

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Ukraine says it will be hard for the IAEA to evaluate a nuclear plant in a fair way.

KYIV Energoatom, the Ukrainian government’s nuclear company, said on Friday that Russian interference would make it “difficult” for the UN…

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European stocks go up, and the likely return of Russian gas helps.

On Friday, European stock markets went up because it looks like Russia will start sending gas to Europe again. This…

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The Federal Reserve has ended a decade-long enforcement action against HSBC.

Singapore The U.S. Federal Reserve ended a 10-year enforcement action against HSBC Holdings (NYSE:HSBC) PLC. Under the action, Europe’s biggest…

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Volvo Cars’ August sales were 4.6% lower than the same month last year.

HELSINKI Volvo Cars’ August sales dropped by 4.6% compared to the same month last year, to 43,666 cars. The global…

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According to sources, the Indian central bank won’t exempt shadow banks from bad loans.

Reuters sources say India’s central bank won’t exclude “shadow banks” from harsher bad-loan restrictions. This would terminate non-banks’ advantage over…

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The U.S. government wants Nvidia to stop sending China its most advanced AI processors.

Chip designer Nvidia (NASDAQ:NVDA) Corp. said on Wednesday that U.S. officials told it to stop exporting two of its top…

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