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...Carl Icahn, 2023 was a miserable year....
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...The world’s biggest electric vehicle producer said net profit rose 81 per cent to Rmb30bn ($4.16bn) in the 12 months to the end of December, compared with analyst estimates of Rmb31bn, as the Warren Buffett-backed...
...Christopher Rossbach, chief investment officer of longtime Berkshire shareholder J Stern & Co, said investors would have to wait to see whether the executives who have worked side-by-side with the two men...
...The company, backed by Warren Buffett, overtook Tesla in EV sales during the final quarter of 2023, when it shifted 526,409 electric vehicles compared to 484,507 sold by Tesla between October and December...
...“This is some kind of anti-woke backlash in the form of removing what would have been seen as radical aspects of the journal,” said Professor Carl Rhodes, dean of the business school at the University of...
...On Wednesday, Scott Nuttall, co-chief executive of KKR, conceded that returns for large public companies such as KKR are often mixed....
...The group now generates more than half its revenues in the US, said chair and co-founder Sir Alan Parker, who sold part of his stake in 2021 to BDT Capital Partners, a US fund run by Warren Buffett’s banker...
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...Warren Buffett’s Berkshire Hathaway surged to a record high this week, helping increase its valuation this year by more than $100bn — the equivalent of Ford and Halliburton combined....
...Souki had established his reputation at Cheniere Energy, which he co-founded and built into the country’s first LNG exporter outside Alaska....
...Orszag was one of five co-founders which included his brother Peter Orszag, the economist who is now the chief executive of the investment bank Lazard....
...While growth at the Warren Buffett-backed Chinese company has been mostly achieved on its home turf, BYD is sharpening its focus on finding new foreign markets including in Europe....
...In 2005, Ogunlesi, then a top banker at Credit Suisse, was summoned to Omaha, Nebraska, by the energy arm of Warren Buffett’s Berkshire Hathaway to study a large takeover....
...Warren Buffett’s Berkshire Hathaway averted a courtroom showdown over its purchase of a truck stop operator founded by a Tennessee billionaire, after settling a dispute centred on the value of the business...
...Job moves Centerview has hired former Credit Suisse co-head of Emea financial institutions group Israel Fernández as a partner, Financial News reports....
...Illumina said it disagreed with Glass Lewis’s recommendation: “The election of Carl Icahn’s nominees would be disruptive to our core business....
...In the fourth quarter of 2023, BYD, which was founded in 1995 and counts Warren Buffett’s Berkshire Hathaway as a shareholder, sold a record 526,000 battery-only EVs to Tesla’s 484,000....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...Activist investor Carl Icahn has secured two seats on the board of US airliner JetBlue....
...European private equity firm Cinven has appointed Bruno Schick, Jorge Quemada and Supraj Rajagopalan as co-managing partners....
...The largest holder of Paramount’s B shares is Warren Buffett’s Berkshire Hathaway, which in 2022 disclosed a stake of about 75mn shares at $28 per share — almost twice the share price today....
...Nio’s sales to the end of November this year are up 33 per cent at about 142,000 vehicles, putting it ahead of almost all foreign brands in China’s EV market, though well behind Tesla and Warren Buffett-backed...
...It is one of the biggest-ever investments in the technology and a boon for Occidental, whose largest shareholder is Warren Buffett’s Berkshire Hathaway....
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