Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake

Warren Buffett's Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake in the oil company.

newspaper

02-07-2022

Klarna in talks to raise fresh funds at roughly $6 billion valuation -source

(Reuters) -Swedish payments firm Klarna Bank AB is nearing a deal to raise fresh capital at a valuation of about $6 billion from existing investors led by Sequoia Capital, according to a person familiar with the matter.

newspaper

01-07-2022

Chile plans to raise copper mining royalties and reform tax system

SANTIAGO (Reuters) -Chile's finance minister, Mario Marcel, on Friday introduced a tax reform bill that increases copper mining royalties on companies that produce more than 50,000 tonnes a year and raises taxes on high-income earners to fund the government's proposed social programs and reforms.

newspaper

01-07-2022

Kohl's ends sale talks with Franchise Group, shares plunge

By Uday Sampath Kumar, Svea Herbst-Bayliss and RachnaManojkumar Dhanrajani

newspaper

01-07-2022

China takes fresh steps to open bond market to foreigners

SHANGHAI (Reuters) -China took fresh steps on Friday to facilitate foreign investment in its $20 trillion bond market, saying it would cut service fees, improve overseas access to foreign exchange hedging, and streamline the process of opening accounts.

newspaper

01-07-2022

EU agrees rulebook for 'Wild West' crypto markets

The European Union on Thursday reached a provisional deal on the world's first set of comprehensive rules to regulate what one lawmaker called the "Wild West" crypto market.

newspaper

01-07-2022

Kohl's scraps sale talks with Franchise Group, shares plunge

(Reuters) -Department store chain Kohl's Corp on Friday called off its sale to Vitamin Shoppe-owner Franchise Group, blaming a downturn in market conditions.

newspaper

01-07-2022

Kohl's scraps sale talks with Franchise Group - CNBC

(Reuters) -Department store chain Kohl's Corp has called off talks to sell itself to Vitamin Shoppe owner Franchise Group, CNBC reported late on Thursday, citing two people familiar with the matter.

newspaper

01-07-2022

Kohl's terminates sale talks with Franchise Group - CNBC

The report, however, did not elaborate on the reason behind ending the discussions.

newspaper

01-07-2022