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Buffett upbeat on American business; Berkshire operating profit down

Warren Buffett on Saturday mounted a forceful and upbeat defense of the prospects for American business, as his Berkshire Hathaway Inc reported a higher quarterly profit though operating income fell. | Video

Recent Business News

Nokia sees growth opportunities in networks market

BARCELONA Nokia sees demand for higher speed 4G network equipment starting to recover this year, led by Japan, the company's chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators.

Tech, Japan 9:18am EST

Exclusive: Algeria's Sonatrach in talks to begin offshore drilling - source

ALGIERS Algeria's Sonatrach wants to start offshore oil drilling and has begun discussions with U.S. operators Exxon Mobil Corp and Anadarko as well as Italy's Eni , a source at the state energy company told Reuters on Sunday.

Deals, Italy 1:43pm EST

Record-setting stock rally faces test in Trump speech

NEW YORK U.S. President Donald Trump's planned economic agenda has fanned the flames for Wall Street's record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague.

1:58pm EST

Huawei seeks to exploit Samsung gap with new smartphone

BARCELONA Huawei [HWT.UL] is introducing a mass-market version of its premium business phone, to take advantage of a gap created by the withdrawal of Samsung's flagship Galaxy Note 7 after a crisis with its batteries catching fire.

10:32am EST

TCL carries flickering BlackBerry flame with new phone launch

BARCELONA, Spain Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure.

Feb 25 2017

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