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Berkshire buys back $9bn more of stock in record year

Bloomberg Warren Buffett has gone from a stock-buyback skeptic to one of the world’s biggest repurchasers as his own firm becomes his favourite investment in the pandemic. The famed investor’s Berkshire Hathaway Inc. spent the third quarter buying back about $9 billion of its own stock, more than it had repurchased in any full year in its history. The buying ...

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Stocks show Jerome Powell is still Wall Street’s head of state

Bloomberg Hopes for a fat new package of government spending to plump the American economy looked to be a casualty of the election, with odds pointing to divided government. That left Jerome Powell the once and future king of markets, a regime stock investors are showing they can live with. To say bulls shook off disappointment over stimulus is an ...

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UAE believes in tolerance, openness and coexistence with all peoples

New York / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has said that the UAE believes in tolerance, openness and coexistence with all peoples, highlighting that the model that the UAE adopts in terms of human diversity is similar to that of the United Nations, where the ...

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