Wednesday , 17 December 2025

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Berkshire wades into Canadian oil industry

Bloomberg Warren Buffett’s Berkshire Hathaway Inc. is wading into the struggling Canadian energy industry, taking a stake in oil-sands producer Suncor Energy Inc. The purchase of 10.8 million shares, disclosed in a filing, was valued at $300.9 million. That marks at least the second time the Omaha-based firm has owned Suncor’s stock; Berkshire previously held a 22.3 million-share stake, which …

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Europe stocks, commodities rise as trade optimism builds

Bloomberg Stocks in Europe edged higher after a rally in Asia drove the region’s shares to their highest level since October amid optimism over China’s economy and trade talks. Commodities from oil to copper jumped. The Stoxx Europe 600 edged up following a choppy morning as gains by telecommunications companies offset declines in carmakers, after President Donald Trump received a …

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Global rally skips India stocks as nation retaliates to attacks

Bloomberg Indian equities declined, skipping a global rally, as investors assessed the nation’s retaliation to a deadly attack on its defense forces last week. Four security personnel and two militants were killed in the Indian army’s military encounter in Kashmir. The benchmark S&P BSE Sensex fell 0.9 percent to 35,498.44 at the 3:30 pm close in Mumbai, capping an eighth …

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