Amazon ends COVID paid leave for U.S. workers

Giant online retailer Amazon.com Inc will end its paid time-off policy for employees with COVID-19 from May 2, the company told U.S.-based staff on Saturday.

newspaper

01-05-2022

Qantas to break London flight barrier with Airbus jet order -sources

SYDNEY (Reuters) -Qantas Airways Ltd is set to announce a landmark order for Airbus SE A350-1000 jets capable of nonstop flights from Sydney to London as part of a wider deal with the European planemaker, industry sources told Reuters.

newspaper

01-05-2022

Qantas to order long-range Airbus A350s as part of wider deal - sources

SYDNEY (Reuters) -Qantas Airways Ltd will announce on Monday a landmark order for Airbus SE A350-1000 jets capable of non-stop flights from Sydney to London as part of a wider deal with the European planemaker, industry sources told Reuters on Sunday.

newspaper

01-05-2022

Buffett reveals big investments, rails against Wall St excess at Berkshire meeting

OMAHA, Neb. (Reuters) -Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc to reveal major new investments including a bigger stake in Activision Blizzard Inc, while also railing against Wall Street excess and addressing the risks to his conglomerate of inflation and nuclear war.

newspaper

30-04-2022

Buffett says Berkshire Hathaway has 9.5% Activision stake

Warren Buffett said on Saturday that Berkshire Hathaway Inc has taken a 9.5% stake in Activision Blizzard Inc, and built most of that stake after Microsoft Corp agreed to buy the video game maker for $68.7 billion.

newspaper

30-04-2022

Buffett slams Wall St, extols cash, addresses nuclear risk at Berkshire meeting

OMAHA, Neb. (Reuters) -Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc to rail against Wall Street excess and extol the virtues of cash after rapidly spending tens of billions on stocks and companies, while addressing the risk to his conglomerate from the threat of nuclear war.

newspaper

30-04-2022

Pakistan to keep energy subsidies unchanged against IMF advice

Pakistan said on Saturday it would maintain subsidies to keep fuel and power prices steady for consumers, going against International Monetary Fund (IMF) recommendations as the country seeks to boost its rescue package with the fund.

newspaper

30-04-2022

Buffett defends investments and cash stake, targets Wall Street at Berkshire meeting

OMAHA, Neb. (Reuters) -Warren Buffett on Saturday railed against Wall Street excess, and after spending tens of billions on stocks and companies in March extolled the virtue of keeping lots of cash, as he hosted Berkshire Hathaway Inc's first in-person annual meeting since 2019.

newspaper

30-04-2022

Buffett takes stage at Berkshire meeting, talks about virtues of cash

OMAHA, Neb. (Reuters) -Warren Buffett on Saturday took the stage at Berkshire Hathaway Inc's first in-person annual shareholder meeting since 2019, where shareholders can quiz him on everything from corporate governance, potential new investments and his views on the economy.

newspaper

30-04-2022