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
China sets stage for Xi to stay in office indefinitely
China's ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely, with a proposal to remove a constitutional clause limiting presidential service to just two terms in office.
Cisco says most network gear needed for 5G is ready now and can cut costs
Cisco Systems said on Sunday it aims to disrupt the wireless radio access market led by Huawei , Ericsson and Nokia by backing challengers who make more flexible software versions of traditional mobile gear.
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.
Mexican president's visit to White House postponed after testy Trump call
U.S. President Donald Trump and Mexican President Enrique Pena Nieto postponed plans for the Mexican leader's first visit to the White House, after a testy phone call involving Trump's push for a border wall, a senior U.S. official said on Saturday.
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.
'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