Bloomberg Telkom SA SOC Ltd. said first-half earnings rose 20 percent as South Africa’s biggest landline provider reported a maiden profit for its faster-growing mobile business. Earnings per share excluding one-time items were 3.36 rand in the six months through September, the Pretoria-based company said in a statement on Tuesday. That was in the middle of a range forecast …

  Bloomberg British mobile phone giant Vodafone on Tuesday said its first-half net loss doubled to more than 5.0 billion euros owing to a huge writedown for its Indian unit. Vodafone said its loss after tax soared to 5.1 billion euros ($5.5 billion) in the six months to September 30 compared with a net loss of 2.5 billion euros one …

  Bloomberg Warren Buffett’s Berkshire Hathaway Inc. bet on the biggest US airlines, reversing decades of aversion to the industry. Berkshire held 21.8 million shares of American Airlines Group Inc. as of Sept. 30, valued at almost $800 million at the time, according to a regulatory filing from the billionaire’s Omaha, Nebraska-based business. Buffett’s company also reported 6.33 million shares …