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Buffet’s Berkshire offloads more shares in Chinese EV giant BYD

  Bloomberg Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in BYD Co. even further, offloading another 1.72 million shares as of September 1, according to an exchange filing on Friday, just days after the legendary US investor began reducing his holding in China’s biggest maker of electric vehicles. Berkshire’s interest in BYD’s Hong Kong-listed shares has now fallen to ...

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Futures dip ahead of US jobs report

  Bloomberg Stocks are set for a third straight week of declines ahead of key US jobs data that could stir expectations for another sharp Federal Reserve interest-rate hike. A dollar gauge slipped from a record high and the euro strengthened. US futures fluctuated on Friday, while European stocks rose and Asian shares fell. The jobs update is expected to ...

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Adnoc sends its first low-carbon ammonia shipment to Germany

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday that its first shipment of low-carbon ammonia has left the UAE bound for Hamburg, Germany. This is the first ever cargo of low-carbon ammonia to be shipped to Germany. The demonstration cargo will be delivered to Aurubis, a leading global provider of non-ferrous metals and one ...

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