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Buffett’s Berkshire gets more cautious on stocks, buybacks

Bloomberg Warren Buffett’s capital-deployment machine pulled back on several fronts at the start of the year as the billionaire took a more cautious stance on stocks. Berkshire Hathaway Inc’s net stock sales in the first quarter were the second-highest in almost five years and the conglomerate, where the billionaire is chief executive officer, slowed its buyback pace, according to a ...

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Oil demand in India drops as virus wave convulses nation

Bloomberg India’s Covid-19 crisis has pummeled demand for transport fuels to the lowest in several months, highlighting the risks for energy consumption amid an uneven global recovery from the pandemic. April sales of gasoline — used in cars and motorcycles — fall to 2.14 million tons to the lowest since August, according to preliminary data from officials with direct knowledge ...

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Nature contributes $17b to tourism spending: UK

Bloomberg The UK, seeking to put a value on the environment, said nature contributed 12 billion pounds ($17 billion) to tourism and outdoor leisure in the latest year for which data is available. The figure from the Office for National Statistics (ONS) is the result of a 30% increase in spending enabled by the natural environment from 2011 to 2019 ...

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