Warren Buffett in his annual letter to Berkshire shareholders lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc.
Business & Financial News, U.S & International Breaking News
Markets fret over Federal Reserve's approach under new chair Powell
Investors are starting to doubt whether they can count on the protective embrace of an accommodative U.S. central bank when markets go haywire.
U.N. Security Council demands truce as air strikes batter Syria's Ghouta
The U.N. Security Council on Saturday demanded a 30-day truce across Syria as rescuers in the country's eastern Ghouta region said bombing had not let up long enough for them to count bodies during one of the bloodiest air assaults of the seven-year war.
China's Geely makes $9 billion Daimler bet against tech 'invaders'
Chinese carmaker Geely [GEELY.UL] has built up an almost 10 percent stake in Daimler in a $9 billion bet by its chairman that he can access the Mercedes-Benz owner's technology in the growing battle for the future of automotives.
Cambodia votes in Senate election, PM's party expected to win
Voting got under way in Cambodia on Sunday in a Senate election that the ruling party of Prime Minister Hun Sen was expected to sweep following a crackdown on opposition.
Rome's Colosseum turned red to protest Pakistan blasphemy law
Rome's ancient Colosseum was lit in red on Saturday in solidarity with persecuted Christians, particularly Asia Bibi, a woman condemned to death under Pakistan's blasphemy laws.
'Touch Me Not' wins Golden Bear top prize at Berlin film festival
"Touch Me Not", a film about intimacy and sex that shocked some viewers with explicit scenes, won the Golden Bear prize for best film at the 68th Berlin International Film Festival on Saturday.
Exp: Feb 18
Exp: Feb 18
Exp: Mar 18