Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results improve

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the showroom as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual meeting of shareholders in Omaha, Nebraska, USA, on May 4, 2019. 2019. REUTERS/Scott Morgan//File photo Sign up now for FREE unlimited access to Reuters.com Record Aug 6 (Reuters) – Falling U.S. stock … Read more

Russia bars Western investors from selling key banking and energy holdings

Russia bars Western investors from selling key banking and energy holdings

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link, at the Kremlin in Moscow, Russia, on August 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Sign up now for FREE unlimited access to Reuters.com Record This content was produced in Russia, where coverage of Russian military operations in … Read more

Brent Crude Hits Pre-Ukraine Invasion Lows on Recession Fears

Brent Crude Hits Pre-Ukraine Invasion Lows on Recession Fears

FILE PHOTO – A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uyghur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT Sign up now for FREE unlimited access to Reuters.com Record BoE raises rates and warns of recession risk Saudi Arabia and UAE save oil firepower in case of winter … Read more

Oil falls to almost 6-month lows after surprise rise in US crude and gasoline prices.

Oil falls to almost 6-month lows after surprise rise in US crude and gasoline prices.

The sticker says crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Sign up now for FREE unlimited access to Reuters.com Record US Crude, Gasoline Stockpiles Unexpectedly Rise: EIA OPEC + decides a small increase of 100,000 bpd to the … Read more

Germany’s Scholz says Russia has no reason to delay turbine return

Germany’s Scholz says Russia has no reason to delay turbine return

Turbine caught up in energy standoff between the West and Russia Scholz visits the Siemens Energy factory where the turbines are stored It says that the turbine is ready to be shipped back to Russia. Kremlin: turbine documentation is still missing Kremlin: Nord Stream 2 could supply gas this year MUELHEIM AN DER RUHR, Germany, … Read more

BP raises dividend after earnings hit 14-year high

BP raises dividend after earnings hit 14-year high

Earnings soar to $8.45 billion, far exceeding forecasts BP increases dividend by 10% BP will increase spending on oil and gas, says CEO Profits Boosted by Strong Oil Trading, Hit by LNG LONDON, Aug 2 (Reuters) – BP’s (BP.L) second-quarter profit soared to $8.45 billion, its highest level in 14 years, as strong refining and … Read more