Washington / Bloomberg Warren Buffett’s Berkshire Hathaway Inc. said second-quarter profit rose 25 percent as results improved at insurance units. Net income climbed to $5 billion from $4.01 billion a year earlier, the Omaha, Nebraska-based company said in a statement. Operating earnings, which exclude some investment results, were $2,803 a share, missing the average $2,911 estimate of three analysts surveyed ...

  La Paz / Bloomberg Ready or not, here comes Rio de Janeiro. The Olympic games opened on Friday with last-minute funding and an interim head of state, underscoring the economic and political turmoil gripping host country Brazil. Ceremony organizers had to make do with a budget that’s a fraction of the amount spent by 2012 Olympics host London. It ...

  Dubai / WAM The 18th Water, Energy, Technology, and Environment Exhibition (WETEX 2016), organised will showcase the ‘Dubai Green Zone’ project to encourage established and start-up companies, to set up their presence in the emirate and provide them with an ideal business environment to develop and market their green, sustainable technologies. WETEX 2016 is organised in line with directives from ...