Vigorous defenses of an aggressive private equity partner and a maligned mobile home unit was launched by Warren Buffett on Saturday as he used his annual letter to Berkshire Hathaway Inc shareholders.   This move was undertaken even as his conglomerate recorded robust profits.  ...

Taking on Walt Disney Co. in the euro area’s second-largest economy, a partnership led by Chinese billionaire Wang Jianlin’s Dalian Wanda Group co. plans to invest more than 3 billion euros ($3.3 billion) in a retail and leisure development project outside of Paris.   The project...

Claiming that pursuing a merger would be "irresponsible" toward its shareholders, U.S. industrial conglomerate United Technologies on Friday rejected a $90.7 billion offer by rival aerospace supplier Honeywell International Inc.   One of the largest U.S. companies with almost $100 billion in...

A federal apppeals court on Friday overturned a 2014 verdict that slapped the South Korean tech giant with nearly $120 million in damages for copying certain iPhone features in what is being seen as Samsung's biggest legal win over Apple in their longrunning patent war.   The U.S. Federal...

With a World Trade Organization ruling in its favor this week, the United States remains undefeated in trade disputes with foreign companies and governments.   However the ruling, viewed by some, could become the source of future defeats of the US in international trade dealings.   A...

Preliminary assessment of loans to EU banks, oil and gas sector, is at minimum of $ 200 billion. However, this amount may be only the tip of the iceberg, experts warn. Commercial banks in Europe do not use uniform standards for the disclosure of information on energy credits. They also often...

The upheavals in the financial world since the 2008 depression have increased the importance of the role of financial advisors. With uncertainty still prevalent in the market, business activities like merger and acquisitions for example are being undertaken with greater caution. A careful introspection of possible investments is critical in retaining and growing wealth.

A day after the world's largest contract maker of electronic goods put its takeover of the Japanese firm on hold, the chief executives of Sharp Corp and Foxconn plan to meet in China, reported Reuters quoting a person familiar with the matter.     After sources said previously...

The telecom regulator finds that Openreach lacks independency; therefore BT Group is urged to give up Openreach, while a middle way is sought after. As per the Ofcom regulator, the BT Group could be under the pressure of distributing the stock of its “Openreach infrastructure arm” to the...